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For the week of July 29 – Stock mentions: GRUB, W, GE, UAA, AMZN, NFLX, BA
Michael Kramer and the clients of Mott Capital own NFLX
Premium content for the last week:
- Amazon Vs. Microsoft
- What’s Up With Facebook?
- Higher Highs For The S&P 500
- AMD Nears Break Out
- Why Amazon May Drop
- The Race To 3,300
- Options 101: Did They Buy Or Sell?
Here’s a list of a few more companies reporting results the week of July 29 and some other names we cover.
Grubhub (GRUB)
Grubhub will report on Tuesday morning, and the stock looks like as if it is consolidating nicely around $75. It sets up a good chance for GRUB to rise to around $89.
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- The Market’s Relief Rally Faces A Major Technical Wall
- A Surging Dollar, Negative Gamma, and the Battle Over 6,800
- Rising Rates, Oil, and Dollar Pose Risk to Stocks
- Volatility Crush Sends Stocks Higher Even as Oil and Rates Surge
- The S&P 500 And VIX May Test Key Gamma Levels Amid Rising Uncertainties
General Electric (GE)
General Electric will report on Wednesday morning, and GE has been stuck at resistance around $10.60 for weeks now. However, the stock appears to have formed a nice ascending triangle with the chance to rise to $12.35.
Wayfair (W)
Wayfair looks like it may have a gap to fill down at $122 after it reports results on Thursday morning.
Under Armour (UAA)
Under Armour has nearly filled the gap up to $28 and is now hitting up against resistance. But perhaps it needs a breather and falls back to $25.
Amazon (AMZN)
Amazon probably fills the gap up $1966 to start the week but then continues to head lower towards $1900.
Netflix (NFLX)
Netflix has more room to rise to around $342.
Facebook (FB)
Facebook, survived last week and I think the stock continues its uptrend and starts head towards $218.
Boeing (BA)
Boeing finally breaks down and heads towards $320. The long-term uptrend is breaking.
Have a great week!
-Mike
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This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
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