Despite monster earnings beats from Microsoft (Nasdaq:Russian market), Intel (Nasdaq:INTC) and Amazon.com ink. (Nasdaq:weekly news), Thursday, qqq trust, Series 1 (data) (Nasdaq:qqq ETF) closed near flat on Friday.
With this in mind, let’s look at the top the stock exchange on Monday morning.
Top stock Exchange trading on Monday #1: stock Nike
Nike Inc. (US:NKE) does not report earnings this week, as well as many other names. But that hasn’t stopped the stock from pressing is higher, despite continuing doubts about the rest of the market. However, analysts at HSBC upgraded shares on Friday, slapping a target price of 77 $in the name.
That gave NKE stock boost on the following day, Friday around 2.5%. It to 2015 highs near $65, eventually turned into support and the NEC is now hitting its head against the $70 resistance.
Bulls should look for a breakout over this level, maybe next week and buy the NEC if that happens.
Top Stock trading Monday #2: Microsoft
Tuesday was one of the companies that reported earnings, and they had great results. However, shares quickly changed their successes on the day, rallying 1.4%.
Technically still above$ 95 and close below it is necessary to put short-term bulls cautious. Microsoft has an attractive long-term growth story, which helps his stock sports a healthy and sustainable trend.
Its 100-day moving average for many buying spots and msft can return to this level costs $95 does not hold. For 95 $and, most likely, the Russian market may test $100 or more.
Top stock Exchange trading on Monday, #3: Shake shack
Shake shack Inc (USA:Shak) rose almost 4% on Friday and has earnings scheduled for may 3.
Investors will want to keep this in mind with the stock climbing right to resistance.
Shaq struggled with $ 47 in December and January, but it happened after a rally of about 31$. The beginning of its rally from $37 this time helps to provide enough juice to push Shaq through this time.
Now technically above the resistance, the setting for me is too risky earnings on the deck. It would be possible to use a combination of options to protect income, contributed to the decline fell below this level. But if Shaq can stay above, the bulls remain in firm control. Below $47, and trend-line support is the next most important place to look.
Top Stock trading Monday #4: stock Ventas
Real investments real estate (reit) sector has struggled this year as interest rates were on the rise. But it was not enough to deter Ventas, Inc. (Ticker NYSE:VTR), which beat on EPS and revenue expectations on Friday morning.
VTR shares soared almost 10% in response, a big step for a struggling name. Actually, the VTR is one of my favorite dividend names. Looking for a 5-year schedule, rally VTR is encouraging.
I don’t know what 52 $level will be significant, but a close above this level of power next week will give the bulls a much-needed boost of confidence.
Using the momentum indicator (blue circle on the chart) is also going well.
Top Stock trading Monday #5: Intel (INTC)
Intel beat earnings and revenue estimates — she hit him. Earnings per share came in 21% above expectations, while the results of revenue was 16.1 billion came in $ 1 billion higher than the analysts ‘ estimates of $1 billion!
I liked the earnings results advanced micro devices, Inc. (Nasdaq:AMD) in the beginning of this week, and Intel put a quarter. There is nothing wrong in having both — along with NVIDIA Corporation (Nasdaq:nvda) is using a basket approach, and the income only this theory up.
Initial breakout over the $ 53, the stock, looked to be moving higher on Friday morning. Now, though retreating, the bulls hope $53 acts as a support. If it is not, trend line support near the 50 $51 $should give the bulls another chance to buy.
Why we like Intel as one of our best exchange trading, despite it falling on good news? The last part of this installation is not large, but the secular history is too broad and too much support to ignore the stock near current levels.
Bret Kenwell Manager and author of the forthcoming “blue chips” and on Twitter @BretKenwell. At the time of this writing, Bret Kenwell held a position in AMD and nvda program.