Stock Analysis

L Brands (LB) reported above-consensus adjusted earnings per share and revenues for its second quarter. The company’s third quarter and full year earnings per share guidance was also positive.
 
Synopsys’ (SNPS) third quarter adjusted earnings per share exceeded estimates. The company also issued upbeat guidance for the fourth quarter and the full year.
 
Stock Analysis 22nd-26th (August)

STEM bounced back over 30% on Monday and should be watched for the rest of the week. Resistance is located at $1.70 going forward.
 
China 3x Bull ETF (YINN) exploded from $15-$19 recently. YINN will now have resistance located at $19.50 going forward.
 
Twitter (TWTR) continues to drop after hitting $21. TWTR is a strong buy below $16 for the long term.
 
Tesla (TSLA) continues to hold up strong around $220-$230. Tesla (TSLA) is a strong buy below $200 going forward.
 
Apple (AAPL) continues to climb and is seeing strong buying right now. Resistance will be located up at $110.
 
Shake Shack (SHAK) is trying to form a base between $35-$36 right now. SHAK will break out one of these quarters and be a darling stock in 2017. The stock is a buy near $30.
 
Chipotle (CMG) popped back above $400 on Wednesday and continues to form a bottom. CMG is a buy below $400.
 
$SPY Hinting a rate hike now won't be bad. Markets near ATH, no macro volatility like BREXIT & loads of cash on sideline preventing crash.
 
Stock Analysis 29th-2nd (August)

$CL_F Oil prices fall on rising Iraq output, doubt over producer talk prospects $ES_F $SPX $SPY $XOM $STUDY
 
$SWHC historical patterns show that after good earnings there are several days you can still make good money. So I'll wait for the call
 
$SPY would love to see a gap down today... tall task with the light volume but always wishful thinking. Get short while we're at the top.
 
TSLA is now looking weak heading into the fall. Tesla (TSLA) is a strong buy below $200 going forward.
 
Shake Shack (SHAK) is trying to form a base between $35-$36 right now. SHAK will break out one of these quarters and be a darling stock in 2017. The stock is a buy near $30.
 
Small Cap Bull 3x (TNA) has now rallied from $35.50 to almost $80 since February which is why it has been my top stock to trade in 2016. TNA is a super strong buy if we ever see a correction back below $60.
 
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