RedHotStocks

RedHotStocks

Adobe products are now part of our every day life and the cost effective subscription service offers fanatic value to customers, whether for private or commercial usage. Free competition does exist but Adobe sits at the top of the pile with a unrivaled range of products.

RedHotStocks

It was inevitable that we would have a pullback, support held on old resistance so we wait for BTC to find direction before initiating any new positions. Still long with stop loses just support.

RedHotStocks

A long term investment in JBLU in 2003 is still losing money, nit exactly encouraging. To stimulate growth JBLU has announced introduction of a trans Atlantic service, proactive but does not guarantee success in which is a ultra competitive market.

RedHotStocks

How often do we see Nike goods sold at discounted rates? not very. Whereas UA seems to always be on sale in every retailer, that is not a brand that people wants to continue to wear. UA's board are working hard to stop this practice as it is just making them BUSY FOOLS, selling a lot but for no margin. The sports sector is dominated by NIke and ADDIDAS and it is ...

RedHotStocks

Upgrades then downgrades, the battle continues between the lovers and haters. We will sit and watch it unfold as it has done to the upside, our buy signal on the crossing of the 200ma has worked out lovely. We continue to stay long.

RedHotStocks

Quite simply we all need somewhere to live and the easing of rte hikes by the FED has made that it a a little easier to own your own home. Indeed a rate reduction is more likely than a hike in 2019 which is a catalysts to the housing market.

RedHotStocks

The cloud kings have lost their Mojo, investors are starting to look to secure investments, high dividends, utilities,communications and REITs. The smart money is coming to terms with the massive run some of these cloud kings have had and their P/E ratios. Even the chip stocks and semi's offer a much better P/E ratio and provide the actual infrastructure for the...

RedHotStocks

No one can fault the product that GOOS produce but the pricing is somewhat expensive and a seasonal market. PETA (People for the ethical treatment of animals) have taken issue with GOOS for some time and this is not the kind of press and brand needs, in our ever increasing image conscious society, a tarnished brand is a tarnished jacket.

RedHotStocks

Marvell like its peers had a torrid 2018, that has now reversed and optimism has grown over the growth of its networking division and the opportunities that the 5G roll-out will provide to revenue. It is sound company with a good balance sheet and has a reasonable P/E ratio. Large call buying lately has also make this a even more interesting stock. $25 is our target price.

RedHotStocks

Twitter is on the comeback trail , along with Facebook and Snap this group has ripped higher recently and signs are, this will continue. The daily chart is forming a beautiful cup and handle which if it plays out will lead to great gains. We stay long and will hold through any pullbacks.

RedHotStocks

Centene is not a name that we have looked at before but highly unusual call option buying has got out attention. After announcing the Purchase of Wellcare the stock had a initial sell off but quickly found buyers interest. This is a huge growth story in and is on Goldman Sacks growth stocks buy list.

RedHotStocks

Advance auto parts is looking poised for a breakout, we are looking for a price above $185 for a possible entry leading to a nice inverse H&S pattern. AAP has lagged behind competitors like Autozone in price action whom has already broken out. Patience will bring rewards.

RedHotStocks

Booking Holdings suffered quite a sell off after earnings in Feb, but has since found investor confidence again rising steadily as expected. We expect a break upward from the current channel to fill the gap before continued gains.

RedHotStocks

Probably not a name on most watchlists, but activity in the stock lately coupled with a upgrade today has put it on the buy list as the chart also points towards future gains.

RedHotStocks

SAP has suffered 3 downgrades recently and unfortunately this can only lead to price declines. From a charts perspective it looks like the B wave has just been completed of the correction phase, giving a target of $87 for the final 3 wave.

RedHotStocks

Considering the revenue streams that Sony has, it is no wonder that activist investors have stepped in to create value. The studio business alone is probably worth the market cap considering the Catalog which it owns. This may be the first thing that is put up for sale given the battle that is ensuing among NFLX DIS AT&T etc for content. We see this as a great...

RedHotStocks

ARE BANKS STILL WHERE YOU SEND MONEY TO DIE ? CITY LIKE MANY ARE STRUGGLING TO GET NEAR THOSE HIGHS FROM 2018. MOST RECENTLY THOUGH THE XLF HAS SEEN A INFLUX OF FRESH CASH, MAYBE GIVING US POSITIVE SIGNALS PRE-EARNINGS. WE WAIT ON THE SIDELINES ON CITIGROUP UNTIL RESISTANCE IS BROKE $67 IS A GOOD ALERT FOR ENTRY IN A LONG.

RedHotStocks

Symantec is a leading developer of security software for servers and desktop applications. In 2018 a accounting controversy sent the stock plummeting 30% in one day, it has had a gradual rise form that level with the news of a activist investor getting 3 seats on the board. The stock is heavily shorted and has only 1 buy rating (GS) from April 8Th 2019. That...