Thanksgiving Week off to Good Start!

Stocks opened the shortened trading week on Wall Street yesterday with gains, Verizon (VZ) rallying and pushing the communication sector up after its stock received an upgrade. Simultaneously, a large acquisition deal in the chip sector pushed large tech stocks higher.

In the absence of large earnings reports, and with little hope for significant economic figures this week, trading volumes were thin and they’re expected to become even thinner leading up to Thanksgiving Day, on Thursday (markets closed), and on Friday, when Wall Street closes early. All-in-all, yesterday’s volumes were the thinnest we’ve seen month-to-date.

Verizon (VZ) rallied 1.7% to the $46.20 level after analysts at Wells Fargo accentuated the stock’s low valuation, noting that it considers it attractive among the dividend paying stocks. The communication sector (IYZ) is down 17% on the year, stacked up against the gains of 15% on the S&P 500.

On the merger and acquisition (M&A) front, CAVM soared 10.8% after its competitor, Marvell (MRVL) announced that a deal had been sealed to acquire it for $6 billion. MRVL tacked on 6.4%. The deal sent waves of optimism coursing through the entire chip sector which recorded gains of 1.2%, reaching its highest level since the dot-com bubble.

Daily Summary: The Dow Jones rose 0.31%, the S&P 500 tacking on 0.13%. The NASDAQ climbed 0.12%.

On the S&P 500, 42 stocks rose to new 52-week highs, 3 dipping to new yearly lows; on the NASDAQ, 129     stocks recorded new 52-week highs, 28 falling to new yearly lows.

About 5.67 billion shares changed hands on U.S. exchanges, substantially beneath the average over the last 20 trading days.

Index Last Daily change
DJX 23,430 0.31% Up
SPX 2,582 0.13% Up
Nasdaq 6,791 0.12% Up


Tuesday’s Hot Stocks: PANW, A, URBN, INTU, DLTR, SYMC

IPOs: None

Have a great trading day!


Economic Calendar


DAY TIME (EST) Event Forecast Impact
Tuesday 10:00 Existing Home Sales 5.440 M Medium
Tuesday 18:00 Janet Yellen Speaks Medium
Wednesday 8:30 Durable Goods Orders 0.4 % Medium
Wednesday 8:30 Jobless Claims 240 K Medium
Wednesday 10:00 Consumer Sentiment 26.0 High
Wednesday 10:30 Oil Inventories Low
Thursday Markets Closed Thanks Giving Day
Friday 9:45 PMI Composite Flash 55.4 Medium
Friday 13:00 Early Close


Earning Calendar


Symbol Company AM/PM Day
ZTO ZTO Express (Cayman) Inc. PM Monday
PANW Palo Alto Networks, Inc. PM Monday
A Agilent Technologies, Inc. PM Monday
INTU Intuit Inc. PM Monday
NOAH Noah Holdings Limited PM Monday
BRCD Brocade Communications Systems, Inc. PM Monday
URBN Urban Outfitters, Inc. PM Monday
CBRL Cracker Barrel Old Country Store, Inc. AM Tuesday
SIG Signet Jewelers Limited AM Tuesday
DY Dycom Industries, Inc. AM Tuesday
EV Eaton Vance Corp. AM Tuesday
ADI Analog Devices, Inc. AM Tuesday
LOW Lowe’s Companies, Inc. AM Tuesday
MDT Medtronic plc AM Tuesday
DLTR Dollar Tree, Inc. AM Tuesday
CPB Campbell Soup Company AM Tuesday
HRL Hormel Foods Corporation AM Tuesday
HPE Hewlett Packard Enterprise Company PM Tuesday
CRM, inc. PM Tuesday
HPQ HP Inc. PM Tuesday
CPRT Copart, Inc. PM Tuesday
DE Deere & Company AM Wednesday


Today’s Picks – Day Trading!

Symbol Breakout Breakdown Momentum Momentum
CREE 37.43 YY  
VRX 15.74 ANF  
BIVV 50.50 AMBA  


New York Strategy Swing

# Date Stock Long\


Statues Data Close Profit\


1 1.9.2017 VNTV Long Close 14.9.2017 +1.35%
2 12.9.2017 CPB Short Close 15.9.2017 -1.10%
3 18.9.2017 INSM Long Close 22.9.2017 +1.92%
4 25.9.2017 GPS Long Close 2.10.2017 +1.69%
5 27.9.2017 SQM Long Close 29.9.2017 +1.69%
6 2.10.2017 ATI Long Close 6.10.2017 +3.12%
7 2.10.2017 TROX Long Close 18.10.2017 +13.93%
8 3.10.2017 ABT Long Close 11.10.2017 +1.60%
9 9.10.2017 ZGNX Long Close 12.10.2017 +3.26%
10 16.10.2017 INSM Long Close 19.10.2017 -2.82%
11 24.10.2017 CVS Short Close 1.11.2017 +4.77 %
12 30.10.2017 SKX Long Close 31.10.2017 -1.42%
13 31.10.2017 STX Long Close 2.11.2017 -0.15%
14 3.11.2017 AKAM Long Close 8.11.2017 +1.37%
15 10.11.2017 JUNO Long Close 14.11.2017 +1.26%
16 16.11.2017 FLR Long     +1.86%


Today’s Picks – Swing “New-York Strategy”

No.1 –   TEVA

Company Name Teva Pharmaceutical Industries
Entry Point 12.97
Stop Area 14.05
1st Target 12.55
Swing Target 10.85
Avg. Volume 24.79M
Sector Healthcare | Drug Manufacturers – Other
Earning Date
Risk Rate Normal
Risk\Reward Ratio 1.96:1

Risk Rates: Normal – Regular size, High –Consider reducing size, Low – Consider increasing size