I'm selling Ichor and Entegris as I fear the downside risk outweighs the upside as estimates drop for the whole group. Old Dominion outshines other truckers and the auto stocks tread water. Read More
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Sell both of these stocks with a minor loss or breaking even. News last week confirms the slowdown in demand for semiconductor equipment will endure longer than expected. Both are on my watch list for future purchase when the cycle turns. Read More
BJ's rebounded from a slight dip post-earnings as investors decided the stock is a great value and needs to be in their portfolios. A bit more on my short-term bullish call on the auto companies and a quick update on SmartSand. Read More
Auto stocks have been crushed due to higher steel prices and uncertainty over trade terms with NAFTA. The stocks look to reflect a worst-case scenario and I expect a bounce as trade deal is resolved. Read More
Target knocked it out of the park with a fabulous earnings report but BJ's has a high hurdle of hope when it reports this week. NXP Semi makes the transition from Watch List to Buy and more news from the PCA portfolio. Read More
NXP Semiconductor found itself left at the alter this summer when Qualcomm could not secure Chinese approval for its proposed acquisition. The flushing out of the stock provides investors with an excellent entry point, especially before its September investor meeting. Read More
By all accounts, last week was a busy one for Profit Catalyst Alert. We closed out all three of our bearish put trades related to housing spending. Home Depot’s (NYSE: HD) earnings release on Tuesday was the catalyst I was eyeing for the trade. The headline… Read More
Lowe's is trading down with the market. It did not follow Home Depot lower yesterday, perhaps due to value players buying the stock. With a one week 44% gain, I suggest booking profits. Read More
Central Garden and Pet has been under pressure as brokers shopped the secondary. It finally priced that deal at a significant discount to market prices. The puts are up almost 60% in one week, so I suggest booking the gain. Read More