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Bullish Picks

Symbol

XPH

Name

SPDR Pharmaceuticals

Industry Group

Regulated Investment (ETF)

Pattern

Consolidation

Next Earnings

N/A

COMMENTS: We don't normally ETF's of this type by the current setup is to good to pass up.  We have a significant move into a consolidation. This could present a huge break out opportunity.  We are currently showing some weakness heading into Thursday's session so plan your entry carefully.

Symbol

MDT

Name

Medtronic

Industry Group

Health Care Equipment

Pattern

Consolidation

Next Earnings

8/18/2020

COMMENTS: This much like XPH has the potential to really blow up.  This consolidation could lead to a move up near $108 or higher if it holds.

Bearish Picks

Symbol

LEA

Name

Lear Stock

Industry Group

Auto Parts

Pattern

Resistance Fail

Next Earnings

7/24/2020

COMMENTS: This is listed under bearish but really is more neutral for the time being.  After failing off resistance we have shown some weakness.  However, our prior gap in February could be the support this stock needs to continue higher.  If it fails look out below.

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