CREE – WILLIAM O'NEIL+CO

Global Laggards

Posted on September 9, 2021September 10, 2021 by Cornelio Ash

Highlighted Charts

U.S.: Allegheny Technologies (ATI), Eastman Chemical Co. (EMN), Kratos Def & Sec Sol Inc (KTOS), Oshkosh Corporation (OSK), World Wrestling Entertainment (WWE), Omnicom Group (OMC), Chegg Inc (CHGG), Norwegian Cruise Line Holdings (NCLH), Carnival Corporation (CCL), UTZ Brands (UTZ), Arcosa (ACA), Texas Capital Bancshares (TCBI), Repay Holdings (RPAY), CareDx (CDNA), Urban Outfitters (URBN), Cree (CREE), Ultra Clean Holdings (UCTT), Take-two Interactive Software (TTWO).

Developed: FLSmidth and Co. (FLB.DK; FLS DC), Vonovia (VNAX.DE; VNA GR), ITV (ITV.GB; ITV LN), Accor (AC.FR; AC FP), Hengan International Group (HENG.HK;1044 HK), Crescent Point Energy (CPG.CA; CPG CN), JCR Pharmaceuticals (JCRE.JP; 4552 JP), WH Smith (SMWH.GB; SMWH LN), Ericsson (SL@G.SE; ERICB SS), Nihon Unisys (NHUN.JP; 8056 JP), Jet2 (JET2.GB; JET2 LN).

Emerging: Carabao Group (CAG.TH; CBG TB), Cosan Industria E Commercio On (COS.BR; CSAN3 BZ), Hon Hai Precision Industry (HON.TW; 2317 TT).

Global Laggards

Posted on July 29, 2021July 30, 2021 by Cornelio Ash

Attached is the latest Global Laggards report from our analysts. You can also access the report here.

This report has been curated by our sector analysts to find stocks showing technical weakness. We believe these stocks are laggards relative to their own domestic markets. We recommend that they be underweighted as they may be vulnerable to further downside risk and underperformance.

Highlighted Charts

U.S.: R P M International ( RPM ), Cummins Inc ( CMI ), Allison Transmission ( ALSN ), Nio Inc ( NIO ), Carnival Corp ( CCL ), Liberty Oilfield Services ( LBRT ), First Midwest Bancorp ( FMBI ), Reinsurance Group of America ( RGA ), Guardant Health ( GH ), Cracker Barrel ( CBRL ), Cree ( CREE ), Take-Two Interactive ( TTWO ), Activision Blizzard ( ATVI ).

Developed: NGK Insulators ( KI@N.JP; 5333 JP ), Comsys Holdings ( CHOC.JP; 1721 JP ), Continental ( CONX.DE; CON GR ), Flughafen Zurich ( FHZN.CH; FHZN:SW ), China Resource Beer ( CHRE.HK; 291 HK ), Koninklijke Vopak ( VPK.NL; VPK NA ), Fisher & Paykel ( FPHZ.NZ; FPH NZ ), J Front Retailing ( MZYA.JP; 3086 JP ), Nintendo ( NNDO.JP; 7974 JP ).

Emerging: PTT Global Chemical ( PTTG.TH; PTTGC TB ), LG Household & Healthcare( LHH.KR; 051900 KS ), Amorepacific Group ( PHM.KR; 002790 KS ), Atacadao Distribuicao ( CRF.BR; CRFB3 BZ ),

Aug 27, 2020 – Weekly Best Ideas (ADBE, HYQX.DE, BKS.IN)

Posted on August 27, 2020September 10, 2020 by julie lee

Join our analysts for our Weekly Best Ideas webinar, where they discuss the current outlook for global markets from an O’Neil perspective and delve into the best actionable stock ideas of the week.

Global Laggards

Posted on August 20, 2020August 20, 2020 by Cornelio Ash

Highlighted Charts

U.S.: Huntington Ingalls Inds (HII), Strategic Education (STRA), iQIYI Inc (IQ), International Flavors and Fragrances (IFF), Ormat Technologies (ORA), Moelis & Company (MC), Dentsply Sirona (XRAY), Companhia Brasileira (CBD), Cree (CREE), Verint Systems (VRNT).

Developed: CKD (CKDC.JP; 6407 JP), CapitaLand Commercial Trust (CAPT.SG; CCT SP), Siemens Healthineers (SHLX.DE; SHL GR), Telstra (TLS.AU; TLS AU).

Emerging: Nan Ya Plastics (NYP.TW; 1303 TT), MRF (MR.IN; MRF IN).

Global Laggards

Posted on February 13, 2020February 13, 2020 by Cornelio Ash

Highlighted Charts

U.S.: Steel Dynamics ( STLD ), Diageo ( DEO ), Affiliated Managers ( AMG ), Livanova ( LIVN ), Juniper ( JNPR ), Cree ( CREE ), Universal Display ( OLED ), AllScripts Healthcare ( MDRX ), Weibo ( WB ).

Developed: Asahi Kasei ( AC@N.JP; 3407 JP ), Amada Holdings ( AM@N.JP; 6113 JP ), Ngk Spark Plug ( KS@N.JP; 5334 JP ), Richemont ( CFR.CH; CFR SW ), Imperial Oil ( IMO.CA; IMO CN ), Bankinter ( BKT.ES; BKT SM ), Alfresa ( ALCH.JP; 2784 JP ), ICA Gruppen ( ICA.SE; ICA SS ), Konami Holdings ( KONA.JP; 9766 JP ), SG Holdings ( SGHS.JP; 9143 JP ), SEB ( SEB.FR; SK: FP ).

Emerging: Jbs ( JBS.BR; JBSS3 BZ ), KB Financial ( KHB.KR; 105560 KS ).

WON Global View

Posted on April 2, 2019April 5, 2019 by Veera Manju

The U.S. market is in a Confirmed Uptrend. The S&P 500 and Nasdaq gapped up yesterday and closed positively at the highs of the session. The S&P 500 cleared above March 21’s intraday high of 2,860, while the Nasdaq still faces resistance at ~7,850. Both indices are trending higher off 21-DMA support with six distribution days each. Though this count remains elevated, four distribution days will expire over six days beginning tomorrow.

WON Global View

Posted on March 25, 2019 by Veera Manju

The U.S. market remains in a Confirmed Uptrend. Following strong gains last Thursday, the S&P 500 and Nasdaq pulled back sharply into support on Friday, closing at the lows of the session with each picking up a fifth distribution day. The S&P 500 is now testing 21-DMA support, which is rising to the 2,800 level. The Nasdaq is now trading just 60bps above its 21-DMA after falling 2.5% on Friday and erasing five straight days of positive gains.

WON Global View

Posted on March 22, 2019 by Anuj Kumar Chouhan

The U.S. market is in a Confirmed Uptrend. The S&P 500 and Nasdaq each jumped more than 1% after consolidating earlier this week. The distribution count stands at four days on each index after one day expired on the S&P 500 at yesterday’s close. The next level of resistance is ~2,864 on the S&P 500 and ~7,873 on the Nasdaq.

WON Global View

Posted on March 21, 2019March 21, 2019 by Anuj Kumar Chouhan

The U.S. market is in a Confirmed Uptrend. Indices traded in a seesaw fashion yesterday, but price action remains constructive and the indices continue to consolidate above prior resistance levels at 2,815 (November 2018 high) on the S&P 500 and 7,670 (October 2018 high) on the Nasdaq. One distribution day will expire on the S&P 500 after the close today.

WON Global View

Posted on March 20, 2019 by Anuj Kumar Chouhan

The U.S. market is in a Confirmed Uptrend. Indices sold off during the last hour, giving back the session’s gains and closing at the lows of the day. Despite the churning action, the S&P 500 and Nasdaq avoided a distribution day; their counts remain at five and four, respectively. Small caps faced heavier selling pressure as the Russell 2000 declined 0.57% and remains below its 200-DMA.