This column is my opinion and expresses my views. Those views can change at a moments notice when the market changes. I am not right all the time and I do not expect to be. I disclose all my positions clearly listed on the page, and I do not trade my account on the stocks spoken of in this column unless fully disclosed. If that does not work for you stop reading and close the page. Do not bother me or harass me.
Otherwise, enjoy the column!
Subscribe to the Monster Stock Market Commentary and join the 2,400 subscribers getting it for FREE every day!
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 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.
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 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 probably fills the gap up $1966 to start the week but then continues to head lower towards $1900.
Netflix has more room to rise to around $342.
Facebook, survived last week and I think the stock continues its uptrend and starts head towards $218.
Boeing finally breaks down and heads towards $320. The long-term uptrend is breaking.
Have a great week!
Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.