J.B. Hunt Transport Services Inc. stock trades under the ticker JBHT & has shown recent bullishness that traders & investors should take a closer look into.
JBHT stock closed at $193.01/share on 2/15/2022.
J.B. Hunt Transport Services, Inc. JBHT Stock’s Technicals Broken Down
JBHT Stock Price: $193.01
10 Day Moving Average: $191.51
50 Day Moving Average: $196.96
200 Day Moving Average: $180.45
RSI: 48.26
MACD: -1.791
Yesterday, JBHT stock completed a bullish MACD crossover, while also breaking out above its 10 day moving average.
2022’s trading volume so far has been above average, and their RSI is just below neutral, showing room for more momentum in the near-term.
Their next test of resistance is $197.35, followed by $201.03.
J.B. Hunt Transport Services Inc. JBHT Stock As A Long-Term Investment
Investors will find JBHT to have fair valuation metrics, with a P/E (ttm) of 26.96, although their P/B (mrq) is a bit rich at 6.49.
JBHT stock had 27.7% Quarterly Revenue Growth Y-o-Y, as well as 57.3% Quarterly Earnings Growth Y-o-Y.
Their balance sheet will require a closer examination though, with $355.55M in Total Cash (mrq) & $1.3B in Total Debt (mrq).
They offer a modest dividend of 0.61%, which looks very safe as JBHT stock’s payout ratio is 16.5%.
74.3% of JBHT stock’s outstanding share float is held by institutional investors.
J.B. Hunt Transport Services Inc. JBHT Stock As A Short-Term Trade Using Options
Short-term traders can profit from JBHT stock’s current momentum by trading options.
I am looking at the contracts with the 3/18 expiration date.
The $190 & $195 calls look interesting, although very illiquid, with low levels of open interest.
The $195 & $200 puts also look appealing, but very illiquid too.
I expect to see more contracts written after this week’s expiration date passes on Friday.
Tying It All Together
JBHT stock has many interesting characteristics that traders & investors should find appealing.
Traders will like their current trajectory of momentum, but will be looking for more liquidity in their March dated options.
Investors will like their valuation metrics, but would certainly appreciate a dividend hike.
Overall, JBHT stock is worth taking a closer look into, regardless of your trading style.
Union Pacific Corp. stock trades under the ticker UNP & has shown recent bullishness that traders & investors should take a closer look into.
UNP stock closed at $249.32/share on 2/15/2022.
Union Pacific Corp. UNP Stock’s Technicals Broken Down
UNP Stock Price: $249.32
10 Day Moving Average: $244.14
50 Day Moving Average: $245.95
200 Day Moving Average: $227.28
RSI: 55.91
MACD: -0.423
Yesterday, UNP stock completed a bullish MACD crossover, while gapping up & breaking out above its 10 & 50 day moving averages.
They have traded slightly above average volume in 2022 compared to the rest of the previous year & their RSI is neutral, signaling that there is more short-term momentum to come.
Their next levels to be watching for in terms of resistance are $250.53 & $251.80.
Union Pacific Corp. UNP Stock As A Long-Term Investment
Investors will find UNP stock’s P/E (ttm) to be modest at 24.38, but may balk at their P/B (mrq) of 10.91.
UNP stock saw 11.5% Quarterly Revenue Growth Y-o-Y, as well as 24% Quarterly Earnings GRowth Y-o-Y.
Their balance sheet will require a closer look before making an investment, as they have $1.01B in Total Cash (mrq) & $31.49B in Total Debt (mrq).
UNP stock’s dividend yield is 1.77%, which looks to be stable in the long run as their payout ratio is 43.12%.
81.14% of UNP stock’s outstanding share float is held by institutional investors.
Union Pacific Corp. UNP Stock As A Short-Term Trade Using Options
Traders can use options to take advantage of UNP stock’s current momentum trajectory, as well as hedge against broader market volatility.
I am looking at the contracts with the 3/18 expiration date.
The $250 & $255 calls look appealing, and liquid, as they have healthy levels of open interest.
The $265 & $270 puts also look appealing, but are far less liquid, showing that the market has bullish sentiment for UNP stock in the near-term.
Tying It All Together
Overall, both traders & investors will find UNP stock to have appealing attributes.
Investors will like their dividend, as well as their healthy valuation metrics.
Traders will like their current momentum, as well as their liquid call options.
UNP stock is worth taking a closer look at, regardless of your trading strategy.
Vector Group Ltd. stock trades under the ticker VGR & has shown recent bullishness that traders & investors should take a closer look into.
VGR closed at $11.42/share on 2/14/2022.
Vector Group Ltd. VGR Stock’s Technicals Broken Down
VGR Stock Price: $11.42
10 Day Moving Average: $11.24
50 Day Moving Average: $11.39
200 Day Moving Average: $10.15
RSI: 53.3
MACD: -0.032
Yesterday, VGR stock completed a bullish MACD crossover on below average volume compared to the last year.
With ~1.3% between their 10 & 50 Day Moving Averages, they look to have additional momentum in the near-term, as their RSI is still neutral.
The next levels of resistance are $11.66, $11.72 & $11.92, as they look to head back to their 2021 price levels.
Vector Group Ltd. VGR Stock As A Long-Term Investment
Investors will find VGR stock’s P/E (ttm) appealing at 8.37, although their P/B (mrq) is not positive.
VGR stock’s Quarterly Revenue Growth Y-o-Y is 27.8%, with Quarterly Earnings Growth Y-o-Y of 28.2%.
Their balance sheet will require a closer look by prospective investors, with Total Cash (mrq) of $678.83M & Total Debt (mrq) of $1.58B.
VGR stock’s dividend is 7.07%, which while it is appealing, may not be sustainable in the long-run, as their current Payout Ratio is 72%.
64% of VGR stock’s share float is held by institutional investors.
Vector Group Ltd. VGR Stock As A Short-Term Trade Using Options
Vector Group Ltd. stock has options that traders can use to capitalize on near-term momentum, as well as to ward off volatility-risks.
I am looking at the contracts with the 3/18 expiration date
The $10 & $12.50 calls look appealing, however they are currently very illiquid.
As there is another expiration date passing this Friday I expect to see more contracts written for March in the coming weeks.
They currently have no open interest on the $17.50 & $15 puts, but those are the contracts that I would be eyeing as February’s expiration date passes & new contracts begun being written.
Tying It All Together
Overall, there looks to be many advantages to VGR stock that both investors & traders will enjoy.
Traders will like their current momentum, and will need to keep an eye out as this expiration date passes in February & new contracts are written for March.
Investors will like their low P/E (ttm), as well as their dividend yield, but may be skeptical about their balance sheet & payout ratio.
VGR stock is worth taking a closer look at, regardless of your trading style.
Tesla Inc. stock trades under the ticker TSLA & has shown recent bullishness that traders & investors should take a closer look into.
TSLA closed at $922/share on 2/8/2022.
Tesla Inc. TSLA Stock’s Technicals Broken Down
TSLA Stock Price: $922
10 Day Moving Average: $903.03
50 Day Moving Average: $1,007.63
200 Day Moving Average: $820.91
RSI: 45.19
MACD: -34.747
Yesterday, TSLA completed a bullish MACD crossover, trading on about average volume compared to the last year.
Their 10 Day Moving Average is ~12% below their 50 Day MA still, but with their RSI still below neutral, there looks to be more room for momentum in the coming days.
TSLA stock will need to break above the $947.77/share, before testing the $987/share level.
Tesla Inc. TSLA Stock As A Long-Term Investment
Investors may find TSLA stock’s valuation metrics to be too rich, with a P/E (ttm) of 294.59 & a P/B (mrq) of 34.66.
TSLA stock’s Quarterly Revenue Growth Y-o-Y is 64.9%, with 759.6% Quarterly Earnings Growth Y-o-Y.
Investors may want to look deeper into TSLA stock’s balance sheet, but will like it at first glance, with Total Cash (mrq) of $17.71B & Total Debt (mrq) of $6.83B.
They do not offer a dividend yield, and their beta is 2.01, meaning that they tend to move more aggressively & volatilely than the average market indexes.
42.32% of TSLA stock’s total share float is held by institutional investors.
Tesla Inc. TSLA Stock As A Short-Term Trade Using Options
TSLA stock has options that can be used by traders to take advantage of their price movements in either direction, while also hedging against volatility.
I am looking at the contracts with the 2/18 expiration date.
The $940 & $945 calls look interesting, and are fairly liquid with open interest levels just under 1,000 contracts each.
The $990 & $985 puts also look appealing, although they do have slightly less open interest.
Tying It All Together
Overall, TSLA stock has many interesting characteristics that traders & investors may find appealing.
Investors may find their balance sheet interesting, but may also be put off by their valuation metrics & lack of a dividend.
Traders will like their current momentum, as well as the liquidity of their options contracts.
TSLA stock is worth taking a closer look at, regardless of your trading style.
Genco Shipping & Trading Ltd. stock trades under the ticker GNK & has shown recent bullishness that traders & investors should take a closer look at.
GNK stock closed at $17.01/share on 2/7/2022.
Genco Shipping & Trading Ltd. GNK Stock’s Technicals Broken Down
GNK Stock Price: $17.01
10 Day Moving Average: $15.73
50 Day Moving Average: $15.49
200 Day Moving Average: $16.87
RSI: 61.3
MACD: 0.205
Yesterday, GNK stock broke out above its 200 Day Moving Average, just days after its 10 day broke out bullishly above its 50 day MA.
Their RSI is still relatively neutral, although climbing closer to overbought & their trading volume for 2022 so far has been above average compared with the year prior.
I will be keeping an eye at where they are compared to the $17-level, with the $17.99/share level being the next major test of resistance.
Genco Shipping & Trading Ltd. GNK Stock As A Long-Term Investment
Investors will like GNK stock’s valuation metrics, with 27.53 for their P/E (ttm) & 0.79 for their P/B (mrq).
GNK stock’s Quarterly Revenue Growth Y-o-Y was 77.4%.
Genco Shipping & Trading Ltd.’s balance sheet will require closer examination though, with $80.17M in Total Cash (mrq) & Total Debt (mrq) of $305.28M.
GNK stock offers a 1.96% dividend yield, that appears very safe as their payout ratio is 33.3%.
73.8% of GNK stock’s outstanding share float is held by institutional investors.
Genco Shipping & Trading Ltd. GNK Stock As A Short-Term Trade Using Options
Traders can use options to take advantage of GNK stock’s momentum, while fending off broader market volatility.
I am looking at the contracts with the 2/18 expiration date.
The $15 & $17.50 call options look appealing, and have sufficient open interest.
The $20 & $22.50 put options also look appealing, although less liquid, implying that markets see more strength than weakness for GNK stock in the near-term.
Tying It All Together
Overall, GNK stock has many appealing characteristics that traders & investors will like.
Investors will like their valuation metrics, as well as their dividend yield, but may want to take a closer look at their balance sheet structure.
Traders will like their current momentum, as well as the liquidity around their options.
GNK stock is worth taking a closer look at, regardless of your trading style.
NetApp Inc. stock trades under the ticker NTAP & has shown recent bullishness that traders & investors should take note of.
NTAP stock closed at $87.33/share on 2/7/2022, with additional bullish momentum to run.
NetApp Inc. NTAP Stock’s Technicals Broken Down
NTAP Stock Price: $87.33
10 Day Moving Average: $86.57
50 Day Moving Average: $89.56
200 Day Moving Average: $84.89
RSI: 45.51
MACD: -0.977
Yesterday, NTAP completed a bullish MACD crossover, despite dropping 0.34%.
Their RSI is just below neutral, which should provide them additional strength in the near-term given that they have traded at above average volumes since the beginning of 2022.
NTAP stock’s next tests of resistance will be at $88.46, $88.45 & $89.68.
NetApp Inc. NTAP Stock As A Long-Term Investment
Investors will find NTAP stock’s P/E (ttm) appealing, at 21.30.
Their P/B (mrq) is a bit rich at 25.76.
NetApp Inc.’s Quarterly Revenue Growth Y-o-Y is 10.6%, with 63.5% Quarterly Earnings growth Y-o-Y.
NTAP stock’s balance sheet looks appealing, with Total Cash (mrq) of $4.56B & Total Debt (mrq) of $2.91B.
They offer a 2.24% dividend yield, with a safe 47% payout ratio.
NetApp Inc. NTAP Stock As A Short-Term Trade Using Options
NTAP stock has options that traders can trade to hedge against broader market volatility in the near-term.
I am looking at the contracts with the 2/18 expiration date.
The $86 & $87 call options look interesting, although very illiquid.
The $89 & $90 put options also look appealing, although also low in open interest.
NTAP stock has weekly expiration dates though, so open interest may increase as the expiration date draws nearer & other contracts expire.
Tying It All Together
All-in-all, NTAP stock is appealing for both long & short term focused market participants.
Long-term investors will like their balance sheet & dividend yield.
Short-term oriented traders will like their momentum, but will want to see more open interest & liquidity in their medium-term expiration dated contracts.
NTAP stock is worth taking a closer look at, regardless of your trading style.
Northern Trust Corp. stock trades under the ticker NTRS & has shown recent bullishness that traders & investors should take a closer look into.
NTRS stock closed at $122.64/share on 2/7/2022.
Northern Trust Corp. NTRS Stock’s Technicals Broken Down
NTRS Stock Price: $122.64
10 Day Moving Average: $118.08
50 Day Moving Average: $120.50
200 Day Moving Average: $116.57
RSI: 53.9
MACD: -0.724
Yesterday, NTRS stock completed a bullish MACD crossover, on higher than average volume for the year.
With ~2% between the 10 & 50 Day Moving Averages, there looks to be additional momentum coming to help them break through the next levels of resistance, particularly as their RSI is neutral.
Their next tests of resistance will be at $125.73 & $130.97.
Northern Trust Corp. NTRS Stock As A Long-Term Investment
Long-term investors will like NTRS stock’s valuation metrics, with a P/E (ttm) of 16.75 & a P/B (mrq) 2.23.
They also had 10.1% Quarterly Revenue Growth Y-o-Y & 68.7% Quarterly Earnings Growth Y-o-Y.
NTRS stock’s balance sheet does require a closer look though, with Total Cash (mrq) of $1.93B & Total Debt (mrq) of $7.77B.
Their 2.3% dividend yield also appears safe, as their payout ratio is 39.22%.
82.81% of NTRS stock’s outstanding share float is held by institutional investors.
Northern Trust Corp. NTRS Stock As A Short-Term Trade Using Options
NTRS stock has options that can be traded in order to take advantage of their price movements in either direction.
I am looking at the contracts with the 2/18 expiration date.
The $120 & $125 calls look appealing, although they have low open interest.
The $130 & $125 puts also look interesting from a hedging perspective.
Tying It All Together
Overall, Northern Trust Corp. stock has many characteristics that traders of all styles will appreciate.
Long-term oriented investors will like their valuation metrics, as well as their dividend yield.
Short-term focused traders will like their current momentum pace, despite their options having mediocre open interest levels.
NTRS stock is worth taking a closer look at, regardless of your trading style.
PM stock has been trading on above average volume this last month, compared with the rest of the year prior.
Their 50 Day MA is primed to bullishly break through their 200 Day MA today, and their RSI is approaching overbought territory at 65.5.
The $103.75-.80-level is going to be a big test for them, as that was their year’s prior high level.
While their MACD is currently bearish, I would be keeping an eye on it as they continue to try to break out above the $104-level for a shift in momentum.
Philip Morris Intl. Inc. PM Stock As A Long-Term Investment
Long-term investors in PM stock may find their P/E (ttm) appealing, at 18.09.
Their P/B (mrq) is negative, which may be a problem to some investors.
PM stock’s Quarterly Revenue Growth Y-o-Y is 9.10%, with Quarterly Earnings Growth Y-o-Y of 5.2%.
Their balance sheet will require a closer examination, with $4.49B in Total Cash (mrq) & Total Debt (mrq) of $29.11B.
Their prices move in a less volatile manner than the average market, with a beta of 0.83.
PM stock pays a 4.67% dividend yield, however this may not be stable in the long run, as their payout ratio is 84.5%.
Despite this, they have 76% of their total share float held by institutional investors.
Philip Morris Intl. Inc. PM Stock As A Short-Term Trade Using Options
PM stock has options that can be traded to take advantage of their price movements in either direction, while also hedging against volatility.
I am looking at the contracts with the 2/28 expiration date.
The $102 & $103 call options look appealing, but are low in open interest.
This stands out as the $105’s have more liquidity than the $102, $103 & $104 calls, signaling that the market feels strongly about their performance heading in that direction as we carry on into February.
The $104 & $105 puts also look interesting, as the $106’s have no open interest.
Tying It All Together
All-in-all, there look to be many appealing characteristics to PM stock.
Investors will find its valuation & dividend appealing, but may have questions about their debt structuring.
Traders will like their current momentum, as they try to break above the $104/share level.
Overall, PM stock is worth taking a closer look at.
*** I DO NOT HAVE A POSITION IN PM AT THE TIME OF WRITING THIS, BUT I AM RESEARCHING THEM FURTHER ***
This past week saw a rebound for the markets, after starting 2022 off in a tumble.
Volumes still remain elevated compared to the year prior’s average, as traders are repositioning themselves into a rising interest rate environment.
Earnings calls are also going to continue into this week, which should shed more outlook into what companies are seeing for the upcoming year’s projections in a year already muddled with uncertainty.
TQQQ, the ProShares UltraPro QQQ ETF that tracks the NASDAQ’s performance 3x began climbing back from recent losses, with Friday’s price breaking out above their 10 Day Moving Average.
TQQ ETF – ProShares UltraPro QQQ ETF
While its RSI is still oversold, as it creeps back to neutral keep an eye on the MACD, which while it is bullish currently, looks to be turning back over for a bearish crossover in the coming week.
It’s no surprise that their RSI is heavily overbought at 80.91, but there looks to be more momentum in the tank for UGA.
I’ll be eyeing the MACD as the spread between the price & the 10 Day Moving Average grows narrower; the lighter than average recent volumes do signal some uncertainty at these high price levels.
Their RSI is heavily overbought at 76; I am eyeing what happens as they try to cross above the $22.60/share mark, as their MACD is showing signs of losing momentum & rolling over bearishly.
Volumes have increased in 2022, where it has managed to hold above $20.76/share, but their MACD is signaling that there will be additional short-term pain to come, as it bearishly rolls over.
With limited yield to collect, I’d be keeping an eye on their RSI to time an entry if this is something of interest, but it doesn’t seem like a safe time just yet to begin establishing a position.
While its MACD has been bullish since the beginning of February, their recent trading volume is light, indicating that there is no clear sentiment about where its price level should be.
This one is another to wait on before beginning a position, as they do not offer a dividend yield to provide a cushion for additional near-term downside, and only hit their lowest price of the year within the last 2 weeks.
They have dropped 24% since early November, as many of SKYY’s holdings will be adversely impacted by rising interest rates.
SKYY ETF – First Trust Cloud Computing ETF
Keep an eye on their MACD, which is currently rolling over bearishly.
Given that their RSI is approaching neutral again & volumes have been above average in the last month, this looks set to go back down & test its support levels, hopefully holding above $90, as otherwise it’s a long drop to $84.84.
CEMB ETF – iShares Emerging Markets Corporate Bond ETF
Given that they offer a 3.6% dividend yield & have options, there may be an opportunity to buy puts here while establishing a position on the way down.
This way, you can collect interest from the dividend, while also hedging with the puts while CEMB establishes a new support level.
With their bearish MACD & oversold RSI, this could present an interesting opportunity.
Tying It All Together
I don’t think anyone is surprised that energy names & rising rate-oriented equities have been having a great run in the last few months.
The lack of confidence in consumers & emerging market corporate bonds is cause for concern though, which when paired with rising fuel prices could spell more trouble on the horizon.
Should there be a wave of defaults & an already cautious consumer, economic activity will be hampered a bit, which in turn will create an issue for the Federal Reserve, who is already somewhat cornered into taking the actions that they’ve stated as a goal for 2022.
The good news, is that spring is around the corner, so demand for energy should ease a bit, as consumers go from using it for heating to using it for traveling & recreation, which is also good for the economy in a broader sense.
