Disney: 50% Gain
Walt Disney Company (The) Common was sold this week after generating an Algo Engine sell signal at $155.73. The position produced a 49.96% return, since being added back in Feb 2018.
Sothern Company 64.4% Profit
Southern Company (The) Common has been removed from the US S&P100 model portfolio after a 1209 day holding period and a realised gain of 64.4%.
Comcast – Buy Signal
Comcast Corporation – Class A Common is under Algo Engine buy conditions. We suggest watching for a cross above the 10 day moving average within the $41 to $49 price range. We’ll update you on the blog when the condition occurs.
General Dynamics – Buy Signal
General Dynamics Corporation Common is under Algo Engine buy conditions and we see buying support increasing above the $190 higher low formation.
Mondelez – Buy Signal
NAS: MDLZ is under Algo Engine buy conditions and we see buying support increasing above the $58 higher low formation.
Duke Energy – Buy Signal
Duke Energy Corporation (Holding Company) Common is under Algo Engine buy conditions.
S&P 500 – Chart Update
Paypal – Earnings Review
PayPal Holdings, Inc. – Common is a current holding in our US model portfolio. The stock is up 10% since being added last year and the current sell-off provides another entry opportunity.
20/11 update: Paypal remains below the 10-day average and we encourage traders interested in US stocks to track the price action, as a powerful price reversal is likely.
26/11 update:
PayPal is an opportunity to accumulate within the $150 – $180 price range. The selloff reflects a correction in the PE ratio from 80x to 40x and the investment is a bet on continued growth and a responsive reaction from the company to increased competitive threats.
This explains the selloff: 4% EPS growth and the FY21 quarterly trend of lower EPS is a concern. However, we’re positioning on the basis the market is getting overly negative on the stock.
Wait for the price to cross back up through the 10-day average.
Paypal – Buy
PayPal Holdings, Inc. – Common is a current holding in our US model portfolio. The stock is up 10% since being added last year and the current sell-off provides another entry opportunity.
20/11 update: Paypal remains below the 10-day average and we encourage traders interested in US stocks to track the price action, as a powerful price reversal is likely.
Medtronic – Algo Buy
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