 |
Week of Sun October 16, 2022 |
|
This Week at SparkTrade:
|
 |
Last week, markets held on despite an inflation report that could have raised concerns that the Fed will overstay its welcome. While the September consumer price index (CPI) showed that consumer prices are continuing rising at an uncomfortable pace, stocks surged dramatically on Thursday (the Dow rose 1,500 points intraday) to stem the wave of negativity that had dragged equities back to 2022-lows. Few believe inflation-driven volatility is over, but the market's measured reaction suggests that equities and bonds already have a lot of pessimism priced in, which is positive in the present bad market. |
|
Bear markets convert long-term investors into short-term traders. Even though moving to the sidelines or higher short-term yields may seem like a good hiding spot, we advise against it. Some analysts believe we're in the bottom of a "U-shaped" recovery, and the possibility for interim pockets of strength and the risks of trying to timing the ins and outs underline the significance of a disciplined plan to position yourself for a more sustained return. |
|
On September 28, NLY (Annaly Capital Management Inc.) was trading at $19.42. SparkTrade.io's SHORT PREDICTION INDEX for NLY was 95. By October 10, NLY’s price fell to $15.12 creating a 22.14% profit for short sellers. |
|
On October 4, WK (Workiva Inc.) was trading at $80.86. SparkTrade.io’s SHORT PREDICTION INDEX for WK was 100. By October 12, WK’s price fell to $72.57 creating a 10.52% profit for short sellers. |
|
On September 30, AMGN (Amgen Inc.) was trading $225.40. SparkTrade.io's LONG PREDICTION INDEX for AMGN was 87. By October 13, AMGN’s price increased to $251.66 creating a 11.65% profit for long buyers. |
|
On September 26, LQDT (Liquidity Services Inc.) was trading at 15.35. SparkTrade.io's LONG PREDICTION INDEX for LQDT was 100. By October 10, LQDT’s price increased to $17.33 creating a 12.90% profit for long buyers. |
|
This Sunday’s Top 20 Predictions:
|
| Long Predictions This Week |
 |
FHI - FEDERATED HERMES INC (Score = 100) |
 |
LECO - LINCOLN ELECTRIC HOLDINGS INC (Score = 98) |
 |
WM - WASTE MANAGEMENT INC (Score = 97) |
 |
CRTO - CRITEO SA (Score = 97) |
 |
PAYX - PAYCHEX INC (Score = 97) |
 |
PSA - PUBLIC STORAGE (Score = 97) |
 |
CHE - CHEMED CORP (Score = 96) |
 |
DOX - AMDOCS LTD (Score = 96) |
 |
SMTC - SEMTECH CORP (Score = 95) |
 |
CACC - CREDIT ACCEPTANCE CORP (Score = 95) |
 |
MAA - MID AMERICA APARTMENT COMMUNITIES INC (Score = 95) |
 |
CTAS - CINTAS CORP (Score = 93) |
 |
HII - HUNTINGTON INGALLS INDUSTRIES INC (Score = 93) |
 |
FLEX - FLEX LTD (Score = 92) |
 |
BR - BROADRIDGE FINANCIAL SOLUTIONS INC (Score = 92) |
 |
THC - TENET HEALTHCARE CORP (Score = 91) |
 |
LQDT - LIQUIDITY SERVICES INC (Score = 91) |
 |
FDS - FACTSET RESEARCH SYSTEMS INC (Score = 91) |
 |
RSG - REPUBLIC SERVICES INC (Score = 91) |
 |
UNP - UNION PACIFIC CORP (Score = 91) |
|
| Short Predictions This Week |
|
LOCO - EL POLLO LOCO HOLDINGS INC (Score = 100) |
|
EVA - ENVIVA INC (Score = 97) |
|
LPG - DORIAN LPG LTD (Score = 97) |
|
FDX - FEDEX CORP (Score = 96) |
|
STR - SITIO ROYALTIES CORP (Score = 96) |
|
SOI - SOLARIS OILFIELD INFRASTRUCTURE INC (Score = 95) |
|
NEX - NEXTIER OILFIELD SOLUTIONS INC (Score = 95) |
|
SBOW - SILVERBOW RESOURCES INC (Score = 93) |
|
MRUS - MERUS NV (Score = 90) |
|
ANGO - ANGIODYNAMICS INC (Score = 90) |
|
SCHL - SCHOLASTIC CORP (Score = 89) |
|
AEHR - AEHR TEST SYSTEMS (Score = 89) |
|
BGNE - BEIGENE LTD (Score = 89) |
|
AVD - AMERICAN VANGUARD CORP (Score = 88) |
|
OOMA - OOMA INC (Score = 88) |
|
CSGS - CSG SYSTEMS INTERNATIONAL INC (Score = 88) |
|
BLKB - BLACKBAUD INC (Score = 88) |
|
INMD - INMODE LTD (Score = 88) |
|
EGY - VAALCO ENERGY INC (Score = 87) |
|
BSIG - BRIGHTSPHERE INVESTMENT GROUP INC (Score = 87) |
|
|
Last Sunday’s Top 20 Predictions:
|
| Long Predictions Last Week |
|
SFM - SPROUTS FARMERS MARKET INC (Score = 100) |
|
PAYX - PAYCHEX INC (Score = 99) |
|
ACI - ALBERTSONS COMPANIES INC (Score = 98) |
|
KR - KROGER CO (Score = 97) |
|
SEE - SEALED AIR CORP (Score = 96) |
|
PSA - PUBLIC STORAGE (Score = 94) |
|
ULTA - ULTA BEAUTY INC (Score = 94) |
|
K - KELLOGG CO (Score = 93) |
|
BANF - BANCFIRST CORP (Score = 93) |
|
PFE - PFIZER INC (Score = 92) |
|
BJ - BJ'S WHOLESALE CLUB HOLDINGS INC (Score = 92) |
|
CHE - CHEMED CORP (Score = 91) |
|
CACI - CACI INTERNATIONAL INC (Score = 91) |
|
UPS - UNITED PARCEL SERVICE INC (Score = 91) |
|
PEP - PEPSICO INC (Score = 91) |
|
COST - COSTCO WHOLESALE CORP (Score = 91) |
|
LKFN - LAKELAND FINANCIAL CORP (Score = 91) |
|
MAA - MID AMERICA APARTMENT COMMUNITIES INC (Score = 90) |
|
SLGN - SILGAN HOLDINGS INC (Score = 90) |
|
UNP - UNION PACIFIC CORP (Score = 90) |
|
| Short Predictions Last Week |
|
ANGO - ANGIODYNAMICS INC (Score = 100) |
|
LEVI - LEVI STRAUSS & CO (Score = 100) |
|
UVE - UNIVERSAL INSURANCE HOLDINGS INC (Score = 95) |
|
RES - RPC INC (Score = 91) |
|
SLB - SCHLUMBERGER LIMITED (Score = 90) |
|
ITGR - INTEGER HOLDINGS CORP (Score = 89) |
|
PUMP - PROPETRO HOLDING CORP (Score = 88) |
|
BLKB - BLACKBAUD INC (Score = 87) |
|
ISEE - IVERIC BIO INC (Score = 86) |
|
WOR - WORTHINGTON INDUSTRIES INC (Score = 86) |
|
FDX - FEDEX CORP (Score = 86) |
|
HAL - HALLIBURTON CO (Score = 86) |
|
WTTR - SELECT ENERGY SERVICES INC (Score = 85) |
|
NEX - NEXTIER OILFIELD SOLUTIONS INC (Score = 85) |
|
STR - SITIO ROYALTIES CORP (Score = 85) |
|
KMX - CARMAX INC (Score = 85) |
|
FRPT - FRESHPET INC (Score = 85) |
|
DXCM - DEXCOM INC (Score = 85) |
|
SU - SUNCOR ENERGY INC (Score = 84) |
|
EGY - VAALCO ENERGY INC (Score = 84) |
|
|
Index Returns:
|
|
Price |
+/- This Week Perf |
YTD Perf |
DJIA
|
$29634.83 |
0.60% |
-19.00% |
S&P 500
|
$3583.07 |
-1.87% |
-25.30% |
Nasdaq
|
$10321.39 |
-2.65% |
-34.81% |
Gold
|
$1646.83 |
-1.04% |
-8.55% |
Crude Oil
|
$86.50 |
-4.87% |
14.05% |
Bitcoin
|
$19258.09 |
1.15% |
-59.29% |
|
|
 |
Follow Us @SparkTradeio
|
 |
@SPARKTRADEio |
 |
| LONG: The top three companies in Technology most likely to appreciate in price over the next 90 days, according to our Prediction Index:
$DOX -> Prediction Index score of 96
$SMTC -> Prediction Index score of 95
$FLEX -> Prediction Index score of 92
#trading |
| Read More |
|
|
@SPARKTRADEio |
|
| LONG: The top three companies in Energy most likely to appreciate in price over the next 90 days, according to our Prediction Index:
$WMB -> Prediction Index score of 79
$PBA -> Prediction Index score of 78
$GLP -> Prediction Index score of 77
#investmentresearch |
| Read More |
|
|
@SPARKTRADEio |
|
| SparkTradeio has identified the following long opportunities under $10.00:
$CLS, a Technology company, at $8.63 -> a score of 87
$ARCO, a Consumer Cyclical company, at $7.16 -> a score of 85
$ADT, a Industrials company, at $8.01 -> a score of 80
#markets |
| Read More |
|
|
@SPARKTRADEio |
|
| LONG: The top three companies in Healthcare most likely to appreciate in price over the next 90 days, according to our Prediction Index:
$CHE -> Prediction Index score of 96
$THC -> Prediction Index score of 91
$DHR -> Prediction Index score of 90
#markettrends |
| Read More |
|
|
|
SparkTrade.io brings the power of Machine Learning and AI to your portfolio. We've made it easy to incorporate the most advanced data science into your portfolio management and trading strategy. |
| Go to SparkTrade.io |
|
