Morning Stock Prep for April 15th 2019 – Watchlist
CONE – if it wants to break $59 could have decent upside potential – I would take profit around 59.60
GDS – got some volume and move on Friday, would like to see volume for continuation to about $45 – but need to see some confirmation of move.
MRVL – has been on a strong trend, with volume could continue up. Close to all time high with 5% short interest.
MTOR – Broke triple top and moved with some volume, could it continue? 94.6 Institutional owned, but insider selling is a concern.
STNG – 7% short, broke triple top with strong volume. But it hit a resistance level, if it breaks could move to 26-28.
ATI – just want to watch action, might want to reverse and close the gap it made.
RH – No real volume, but might want to close the gap to $130, maybe not today, but maybe this week.
PCG – Not sure the news on Friday warranted the jump, specially since the stock is still in BK, but it’s risky always with PCG.
BA – Will it form a shooting star? If it starts to slide it could drop to $365
CARS – Might want to break to the downside, heavy shorted, and light on cash. Only .7% institution ownership
GRUB – Dropped with volume, if it breaks down could have a few $ move down. Insider selling and almost no instituational ownership.
HIIQ – Down to a level of support, but with volume could break lower. This seems to be the 2nd knock, could also want to recover at support.
FGEN – Gave a big red candle on Friday with some volume increase, does it want to go to support at around $42?
HL – Going for a 3rd knock at support with selling volume, could break down.
MOH – Big red candle on Friday, going for a 4th knock at support, could just break down. Below the 200 SMA
ICPT – If there is no support at current $95, could see drop to 80’s – Insider selling and 72% institutionally owned.
VKTX – Selling volume, might want to retest $8’s
VHC – With conformation might want move to resistance at about $5
Earnings Scheduled For April 15, 2019
Companies Reporting Before The Bell
Citigroup Inc. (NYSE: C) is estimated to report quarterly earnings at $1.8 per share on revenue of $18.65 billion.
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) is expected to report quarterly earnings at $1.3 per share on revenue of $2.22 billion.
The Goldman Sachs Group, Inc. (NYSE: GS) is projected to report quarterly earnings at $4.89 per share on revenue of $9.04 billion.
M&T Bank Corporation (NYSE: MTB) is estimated to report quarterly earnings at $3.3 per share on revenue of $1.51 billion.
ShiftPixy, Inc. (NASDAQ: PIXY) is projected to report quarterly loss at $0.1 per share on revenue of $14.84 million.
Companies Reporting After The Bell
Wintrust Financial Corporation (NASDAQ: WTFC) is projected to post quarterly earnings at $1.52 per share on revenue of $344.61 million.
ServisFirst Bancshares, Inc. (NASDAQ: SFBS) is estimated to post quarterly earnings at $0.64 per share on revenue of $74.97 million.
Pinnacle Financial Partners, Inc. (NASDAQ: PNFP) is expected to post quarterly earnings at $1.2 per share on revenue of $246.19 million.
Limbach Holdings, Inc. (NASDAQ: LMB) is projected to post quarterly earnings at $0.11 per share on revenue of $140.50 million.
SPAR Group, Inc. (NASDAQ: SGRP) is estimated to post earnings for its fourth quarter.