Stocks We Like
Kyle’s favorites for next week and beyond
U
Volume: 2.5 M
Short%: N/A
Unity Software debuted on 9/18 at $75 a share, marking another successful Tech IPO this year. Developers of the engine that runs most VR games, this company is primed to succeed both short and long term
MKC
Volume: 600 K
Short%: 1.87
McCormick and Co. is set to report earning on 9/29. As a maker of many of the seasonings found in millions of spice racks around the world, we think this company is set to beat expectations next week thanks to the fact that many people have been stuck cooking at home for the last 6 months.
SAP
Volume: 500 K
Short%: 0.28
Fresh off a new all time high at the beginning of the month, SAP has been knocked down a bit thanks to the recent tech sell-offs. I’m looking for it to bounce back here in the near future
Stocks We Hate
Dan’s picks of overbought for this week
OMI
Volume: 17.9 M
Short%: 12.46
Trading at six times the normal volume, price broke through the 52 week high with a short % of 12.46. This company jumped over 40% today on news that they’ve adjusted their last earnings report upward. That’s a fantastic increase in price, but we’re betting there will be a significant pullback.
PACB
Volume: 3.4 M
Short%: 10.22
Trading at six times the normal volume, price broke through the 52 week high with a short % of 12.46. This company jumped over 40% today on news that they’ve adjusted their last earnings report upward. That’s a fantastic increase in price, but we’re betting there will be a significant pullback.
Last Weeks Picks Review
Last week was a rough for our favorites from 9/18, but we like to keep track of the good and the bad here at Financial Ineptitude. We pick stocks, not cherry’s!
| Bullish Stocks | 9/18 Close | 15% Trailing Stop | Stop Loss Status | 9/24 Closing Price |
|---|---|---|---|---|
| PRTK | $6.68 | $5.68 | Triggered 9/23 | Dropped |
| REKR | $7.75 | $6.59 | Triggered 9/23 | Dropped |
| WIT | $4.75 | $4.17 | Active | $4.59 |
| Bearish Stocks | 9/18 Close | 15% Trailing Stop | Stop Loss Status | 9/24 Closing Price |
|---|---|---|---|---|
| SNOW | $240.00 | $254.27 | Triggered 9/23 | Dropped |
| DKNG | $55.39 | $56.47 | Active | $53.19 |
Want More?
- Reviewing Stocks to Watch: The Taper Rate Is Transitory…Looking back at the stocks we were watching 4 weeks ago and seeing how we did. Watchlist: CVS, F, COF, TSM and AQST.
- Reviewing Stocks to Watch: “We’ll Have What the House is Buying”Looking back at the stocks we were watching 4 weeks ago and seeing how we did. Watchlist: TSLA, JNJ, DE, PLTR and LYV.
- Reviewing Stocks to Watch: ‘Say “Transitory” One More Time… We Dare You…’Looking back at the stocks we were watching 4 weeks ago and seeing how we did. Watchlist: Z, PTON, V, FTV and TGT
- Reviewing Stocks to Watch: Tuesdays with LeesonLooking back at the stocks we were watching 4 weeks ago and seeing how we did. Watchlist: TSLA, AMZN, DWAC and NKE
- Reviewing Stocks to Watch: “Our Bet Picks are Mediocre and Christmas in October??”Looking back at the stocks we were watching 4 weeks ago and seeing how we did. Watchlist: AAPL, SPCE, FAST, EBAY, MSFT and BP.
- Reviewing Stocks to Watch: Oil Pops & New Crypto CopsLooking back at the stocks we were watching 4 weeks ago and seeing how we did. Watchlist: FB, CCXI, UNP, GE, and K.
- Friday Pick’em: 07/09/21Our pick from last week did not fair so well… but this time will be different, we swear!
- Friday Pick’em: 07/02/21Rising fears of inflation and predictions of massive crashes can’t stop the market from hitting new highs… looks like it’s still “game on,” at least for the time being
- Friday Pick’em: 06/25/21TSLA, ROKU and SPCE all had major moves this week, too bad none of them were on our list. Maybe we can pick one of next week’s movers though…
- Friday Pick’em update: 06/18/21No new picks this week, just updating the list.