- TickerWTFC
- ISINUS97650W1080
- ExchangeNASDAQ Stock Market
- SectorBanks
- CountryUnited States
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Key Points: • Auto Component suppliers are bottoming. (ex. ADNT, DLPH, BWA, DAN, GTX, and LCII) • A number of E&P companies are showing signs of potential bottoms. (ex. PXD, DVN, NBL, EOG, and HES) • Banks and money managers are showing signs of emerging leadership. (JPM, BAC, C, PNC, SBNY, WTFC, IVZ, AMP, SEIC, and MS.
Key Points: Financials continue to weaken. Many topping patterns appear to be in place, and a number of insurance companies are breaking their uptrends. Software names are under pressue with many falling below their 200-day MA. Value appears to be winning out over growth as interest rates rise.
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
The independent financial analyst theScreener just awarded an improved star rating to WINTRUST FINANCIAL (US), active in the Money Center Banks industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date October 27, 2020, the closing price was USD 46.83 and its expected value was estimated at USD 45.16.
This report was originally published on Feb 5, 2018. It followed an abbreviated note that was issued prior to the close on January 31, 2018. Long/Short Model Portfolio Monthly Update: January 31, 2018There are limitations inherent in our theoretical model results, particularly with the fact that such results do not represent actual trading and they may not reflect the impact material economic and market factors might have had on our decision making if we were actually managing client money. Please see additional disclaimers and disclosures at the back of this report.We highlight stocks that d...