Just when you think we can’t go any higher, you get names like $BA back on the momentum scan. We can use today’s low as a stop, a place to manage risk:
$SDGE, another name on Monday’s momentum scan, has my attention after pulling back from $100. Same rules apply here, stop under today’s low:
Solar panels, of all things, continue to work in the environment, with $FSLR, $SPWR, & $JKS all making Monday’s scan. Watch for continued strength here in the industry, both FSLR & JKS are ripe for the picking:
Looking for a Cannabis play? $CGC is your best of breed ticker and setting up once again from the momentum scan. Keep the name on watch this week:
There are more great looking charts, including $ROKU, in today’s momentum scan. But, make sure to check your earnings dates, I believe $ROKU reports on Wednesday after the close. For a full look at Monday’s Momentum scan, all 200+ tickers: CLICK HERE FOR CHARTS.
Here are a few important dates from Earnings Whispers:
#earnings for the week https://t.co/lObOE0uRjZ $CLX $BYND $SQ $MRNA $ROKU $FSLY $TSN $ATVI $CHGG $CVS $W $DIS $MELI $GPN $SPCE $TWLO $CMS $LVGO $MCK $AMRN $ETSY $PLUG $NET $BMY $RACE $TTWO $MPC $MPLX $ZNGA $DBX $DDOG $UBER $WIX $KOS $TTD $ENPH $CRON $BP $TEVA $PENN $FVRR $RNG pic.twitter.com/Vs6a5FEcyF
— Earnings Whispers (@eWhispers) August 1, 2020