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Wal-Mart Stores Inc, CenterPoint Energy Inc, Expeditors International – Analysis

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Today’s report highlights all of the stocks that have indicated a technical bottom with favorable upside momentum.   Out of all of the stocks traded in the S&P 500 and TSE Composite, these stocks have made Bullish indications with respect to stochastics and RSI, have shown indications of a bottom as it pertains to MACD, and have even shown favorable indications with regards to the money flow index.

Highlighting: CENTERPOINT ENERGY (NYSE:CNP), Expeditors International of Was (NASDAQ:EXPD), WAL MART STORES (NYSE:WMT), CELTIC EXPLORATION COM NPV (TSE:CLT)

Another big day for the markets with stocks punching out an average return of 1.84%.   Of the 678 stocks analyzed on the S&P 500 and TSE Composite, 621 advanced, 55 declined and the last 2 were undecided.   The market has pushed through previous barriers that were impeding growth to push over half of stocks over their 50-day moving average, 15% alone made the crossover on the day.   The market as a whole has yet to reach this level, but the optimism that resulted from today’s session gives indication that it will no doubt get there.   With just over half of stocks now above this level, the market could still go either way.   The market at this point in time is exactly on the fence in the short-term awaiting for definitive market consensus as to the direction that it will fall.   The positive numbers on the day come with volumes almost 8% lower than the day previous.

image Chart courtesy of StockCharts.com
CENTERPOINT ENERGY (CNP)
13.95 + 0.3 (2.2%)
Support 2 Support 1 Pivot Point Resistance 1 Resistance 2
13.60 13.77 13.88 14.05 14.16
Expected Short-Term Trading Range: 13.78 – 14.55
Support & Resistance Analysis Broke Upr Resistance (2)
MACD Analysis   Negative/Increasing MACD
MACD vs. Signal Below/Thinning -0.098
RSI Analysis   Bullish Centerline Crossover RSI
Stochastic (Fast) Analysis Bullish Crossover 50.239
50-Day MA Analysis Below 50-Day MA %K (fast)
200-Day MA Analysis Above 200-Day MA 46.078
Critical Level Analysis    
CENTERPOINT ENERGY (CNP) Seasonality
Analysis has revealed that with a buy date of February 25 and a sell date of April 26, investors have benefited from a total return of 276.95% over the last 10 years. This scenario has shown positive results in 7 of those periods.
Conversely, the best return over the maximum number of positive periods reveals a buy date of March 27 and a sell date of April 23, producing a total return over the same 10-year range of 87.83% with positive results in 10 of those periods.
The buy and hold return for the past 10 years was 10.25%.
Comments:
Yet another energy stock revealing a bottom in recent time. This stock is very appealing at current levels and the news that came out of the Obama administration today giving boost to this sector in general is definitely a positive. Taking a look at the fundamentals as well and nothing jumps out to give cause for concern. Seasonal strength is coming into play.
News Headlines for CENTERPOINT ENERGY (CNP)
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image Chart courtesy of StockCharts.com
Expeditors International of Was (EXPD)
33.92 + 1.05 (3.19%)
Support 2 Support 1 Pivot Point Resistance 1 Resistance 2
32.97 33.45 33.78 34.26 34.59
Expected Short-Term Trading Range: 33.19 – 34.99
Support & Resistance Analysis Broke Upr Resistance (2)
MACD Analysis   Negative/Increasing MACD
MACD vs. Signal Below/Thinning -0.322
RSI Analysis   Bullish Centerline Crossover RSI
Stochastic (Fast) Analysis Bullish Crossover 50.162
50-Day MA Analysis Below 50-Day MA %K (fast)
200-Day MA Analysis Above 200-Day MA – Crossover 60.700
Critical Level Analysis    
Expeditors International of Was (EXPD) Seasonality
Analysis has revealed that with a buy date of August 2 and a sell date of July 1, investors have benefited from a total return of 783.91% over the last 10 years. This scenario has shown positive results in 9 of those periods.
Conversely, the best return over the maximum number of positive periods reveals a buy date of August 2 and a sell date of June 1, producing a total return over the same 10-year range of 726.71% with positive results in 10 of those periods.
The buy and hold return for the past 10 years was 235.62%.
Comments:
This is an interesting stock to take advantage of growth in the American economy as well as a weakening US dollar that is conducive to exports. The company offers its customers an international network that allows movement and positioning of goods worldwide. In addition to favorable technicals, the fundamentals are sound, with expectations of growth to continue. The seasonality presents a preferable entry point come March, but don’t let this hinder your decision on what is mainly a buy-and-hold investment over the next year.
News Headlines for Expeditors International of Was (EXPD)
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image Chart courtesy of StockCharts.com
WAL MART STORES (WMT)
53.56 + 0.66 (1.25%)
Support 2 Support 1 Pivot Point Resistance 1 Resistance 2
52.57 53.07 53.39 53.89 54.21
Expected Short-Term Trading Range: 53.03 – 54.31
Support & Resistance Analysis Broke Upr Resistance (2)
MACD Analysis   Negative/Increasing MACD
MACD vs. Signal Below/Thinning -0.115
RSI Analysis   Bullish Centerline Crossover RSI
Stochastic (Fast) Analysis Bullish Crossover 51.386
50-Day MA Analysis Below 50-Day MA %K (fast)
200-Day MA Analysis Above 200-Day MA 52.764
Critical Level Analysis    
WAL MART STORES (WMT) Seasonality
Analysis has revealed that with a buy date of September 1 and a sell date of April 5, investors have benefited from a total return of 110.61% over the last 10 years. This scenario has shown positive results in 7 of those periods.
Conversely, the best return over the maximum number of positive periods reveals a buy date of October 10 and a sell date of April 5, producing a total return over the same 10-year range of 77.04% with positive results in 9 of those periods.
The buy and hold return for the past 10 years was -13.12%.
Comments:
Good ol’ Wal-Mart. It’s fundamentals are sound and its prospects for growth are in tact. Seasonality reveals that of Consumer Discrationary, but as with the market it is in line for a short-term rebound.
News Headlines for WAL MART STORES (WMT)
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image Chart courtesy of StockCharts.com
CELTIC EXPLORATION COM NPV (CLT.TO)
20.36 + 0.41 (2.06%)
Support 2 Support 1 Pivot Point Resistance 1 Resistance 2
19.61 19.98 20.20 20.57 20.79
Expected Short-Term Trading Range: 20.04 – 21.17
Support & Resistance Analysis Broke Upr Resistance (2)
MACD Analysis   Negative/Increasing MACD
MACD vs. Signal Below/Thinning -0.064
RSI Analysis   Bullish Centerline Crossover RSI
Stochastic (Fast) Analysis Bullish Crossover 50.553
50-Day MA Analysis Above 50-Day MA – Crossover %K (fast)
200-Day MA Analysis Above 200-Day MA 42.442
Critical Level Analysis    
CELTIC EXPLORATION COM NPV (CLT.TO) Seasonality
Analysis has revealed that with a buy date of November 21 and a sell date of September 14, investors have benefited from a total return of 949.72% over the last 7 years. This scenario has shown positive results in 7 of those periods.
 
The buy and hold return for the past 7 years was 257.09%.
Comments:
And again, energy is in play. The timing corresponds nicely to the seasonality witnessed each year, as well as the investment of choice under the sector rotation model as it pertains to the segment of economic recovery that we are currently in.
News Headlines for CELTIC EXPLORATION COM NPV (CLT.TO)
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Equity Clock – By The Numbers will be offered following each trading day.
Disclosure: Mr. Vialoux does not own securities mentioned in this report.
Disclaimer: Comments and opinions offered in this report at EquityClock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities.
Data offered in this report is believed to be accurate, but is not guaranteed.

 

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