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Thursday, April 26, 2007

April 26th - ROST TJX

Cramer started out with a commentary on the current market and listed several stocks as good plays. They were: MedcoHealth, CVS Caremark, Allergen, Transocean, Halliburton, Emerson Electric, Caterpillar, Celgene, Genzyme, Colgate-Palmolive, Coca-Cola and Goldman Sachs. Cramer also reiterated his recommendations for his Benefit of the Doubt Stocks and Green Day Stocks. These segments don't normally allow people to focus their buying to 1 stock to bid it up and thus doesn't create a shorting opportunity.

Next Cramer continued his private equity take over picks and recommended Ross Stores Inc. (ROST) and
TJX Companies Inc. (TJX)

Closing Price: $33.82
After Hours High: $ 35.33
Percent Increase at High: 4.46%
After Hours Most Recent Price: $ 34.15
Percent Increase at Most Recent Price: 0.98%
Sector: Services
Days to Cover: 4.3
Short %: 4.33 %
% Held by Insiders: 1.32 %
% Held by Institutions: 91.80 %

50 Day Moving Average: $33.57
200 Day Moving Average: $29.53

ROST was hanging out near the bottom of the bollinger bands and the after hours price is still below the middle band, although the after hours high put the price above the top band. Although the last price was at $34.15 - $34.20, it looks like most of the trades where in the $34.50 range which is above the middle band at $34.30. An open above $34.50 could represent a good short back down to the $34.30 level and $34.00 could come in to play with a weak market.

TJX
Closing Price: $28.17
After Hours High: $29.00
Percent Increase at High: 2.95%
After Hours Most Recent Price: $28.64
Percent Increase at Most Recent Price: 1.67%
Sector: Services
Days to Cover: 2.3
Short %: 1.95 %
% Held by Insiders: %
% Held by Institutions: %

50 Day Moving Average: $27.53
200 Day Moving Average: $27.65

TJX ended the day between the top and middle bands and remains there with the after hours action. The stock was retreating from the top band, an RSI near 70 and it looks like the MACD is about to cross to the downside. The high after hours came close to the top band of $29.08, so a price near that at the open (or a few minutes after which has been the case this week) could be a good short opportunity.

Comments on "April 26th - ROST TJX"

 

Anonymous PENNY STOCK INVESTMENTS said ... (January 11, 2014 10:01 PM) : 

A lot of ups and downs.

 

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