Author: ChasW

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH25

Weekly – In the September 2024 uptrend; rally took it to resisitance. Trade pressures are up. Volumes remain bearish.

Daily – Flat. In the move up from the 4.32 bull flag breakout on 2/4. The 4.81 target was met and triggered a retracement. Trade pressures are up.  Volumes remain bearish.

The next target up is 4.92. The expected overbought levels rise to 4.88.

The next target down is 4.55. The expected oversold levels rise to 4.41.

 

GOLD_ GCJ25

Weekly – In the December 2023 uptrend, breaks out of resistance.  Trade pressures are up.  Volumes are now bearish..

Daily – Short. In the new move down, a retracement down from the trendline break at 2903 on 2/14. Trade pressures are up but declining.  Volumes are now bearish.

The next target down is 2838. The expected oversold level rises to 2853.

A close above 2940 would signal higher. The expected overbought level rises to 2973.

[Set a SL at 2838.] [shoud be 2938]

[2-18-25: Stopped out at 2938.]

 

SILVER_ SIH25

Weekly – In the December 2023 uptrend. Trade pressures are up.  Volumes remain bullish.

Daily – Flat. In the new move down from the failure to break the 33.14 resistance on 2/14.  Trade pressures are up out of the neutral zone.  Volumes remain bearish.

The next target down is 31.70. The oversold levels are 31.35.

A close above 33.12 would signal higher. Overbought levels are 33.98.

[Short term trend is 32.57. Need a break below to continue lower.]

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper support held then big rally.  Gold continues rally. Silver breaks above the bull flag, but can’t move beyond the upper median line.

Crude support fails.  Natural Gas finds resisitance at the uptrend median line parallel.

The US 30yr Treasury Bond in a move up off the 110 lows. The 10yr yields now around 4.50%.

The US Dollar is a long again.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar contained within the Median line parallels from October 2022. Trade pressures remain up. Volumes closed the month of January as bullish.  The 6181 price remains the high. The next target up is 6633.  A close below 5870, would confirm a weekly move lower. The next target down would be 5523.

Weekly – The weekly has another lower close.  Trade pressures remain down. Volumes remain bullish. This weeks close has formed another lower high. A close below 5867 would confirm any daily move lower.

Daily – Flat. The previous short found support at the low 5900’s, then attempted a new move up which met the same resisitance at the downward trendline from the December 6181 high at 6067 on 1/31.
Trade pressures are down again to the neutral zone.  Volumes are now bullish.
Use this rally to short a move below 6030. The next target down is 5992.
A close above 6075 is also required to start a new move up.

The expected oversold level declines to 5977.
The expected overbought level declines to 6101.

[2-11-25: Fed Day Wednesday. Short at 6075 with the OB level at 6099. SL at 6123.]

[2-12-25: premarket drops on higher than expected inflation core numbers.  Lower SL to BE at 6075.]
[Rallied to 6075 in the late morning session. Flat.]

___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value rises to $116,000.
The Year-to-Date portfolio performance is  up 16%.

[The author may be long or short any of these issues mentioned],

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXH25

Weekly –  In the October 2024 uptrend.  Trade pressures are up. Volumes remain bullish.

Daily – Long. In the new move up from the 107.85 long entry on 2/7. Trade pressures are up.  Volumes are now bullish.

The next target up is 108.63 . The expected overbought level rises to 108.99.

A close below 107.66 would signal lower. The expected oversold levels declines to 106.94.

[choppy]

 

US30YR T-BOND_ USH25

Weekly – In a new October 2024 downtrend.  Trade pressures are down but rising.  Volumes are bearish.

Daily  – Long. In the move up off the 110-20 lows of 1-16, stopped out of the long trade at BE. Market continues to move. Trade pressures are up.  Volumes have turned bearish once again.

The next target up is 117-84. Overbought levels aremain 120-26.

A close below 114-04 would resume the move down. Oversold levels are 113-25.

 

[The 10yr yield overbought level declines to 4.63%, the oversold level is now 4.41%.
Higher inflation expectations continue thru 1Q25 and 2Q25.]

 

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH25

Weekly – In the new January 2025 uptrend. Trade pressures are down. Volumes are bearish.

Daily –Short. In the move down from 76.62 on 1/21.  Trade pressures remain down. Volumes remain bearish.

The next target down is 68.19.  The expected oversold level declines to to 70.23.

Need a close above 73.51 level to signal higher.  The expected overbought levels declines to 74.70.

[2-11-25: Flat. Price touches the 73.51. level.]

 

NAT GAS_ NGH25

Weekly – In the new January 2025 uptrend. Trade pressures declining to neutral zone.  Volumes remain bullish.

Daily – Flat.  In the move down from 3.62 on 1/17. Trade pressures are up.  Volumes are bullish.

A close below 3.33 did signal lower. The expected oversold level declines to 2.90.

Need a close above 3.41 to start a move up. The expected overbought level declines to 3.80.

[Too much volatility to trade. All pressures are down.]

[2-11-25: Pressures now up and price above the 3.41 signal.]

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH25

Weekly – In the September 2024 uptrend; holding support. Trade pressures are up. Volumes remain bearish.

Daily – Long. In the move up from the 4.32 bull flag breakout on 2/4. Trade pressures are up.  Volumes remain bearish.

The next target up is 4.81. The expected overbought levels rise to 4.51.

The next target down is 4.15. The expected oversold levels rise to 4.26.

[2-6-25: Stopped out of the 4.36 trade at 4.43 on a pullback.]

 

GOLD_ GCJ25

Weekly – In the December 2023 uptrend.  Trade pressures are up.  Volumes remain bullish.

Daily – Flat. In the move up from the 2782 break out above the January 26th trend line. Trade pressures are up.  Volumes remain bullish.

At the 2909 resistance. The expected overbought level rises to 2934.

A close below 2821 would signal lower. The next target down is 2780. The expected oversold level rises to 2726.

A close below 2869 would signal lower, Set as SL.

 

SILVER_ SIH25

Weekly – In the December 2023 uptrend. Trade pressures are up.  Volumes remain bullish.

Daily – Flat. In the the move up from 31.54 on 1/30 and at resistance.  Trade pressures are down intoi the neutral zone.  Volumes are now bearish.

At the 33.20 target up is 33.30. Overbought levels are 33.24.

A close below 32.11 would signal lower. The oversold levels are 29.72.

[2-8-25: A close below 32.16, the prior low, would signal lower.]

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper consolidating at the 4.27 support.  Gold rallies more, still above the OB levels. Silver breaks above the downtrend line from October.

Crude now at support.  Natural Gas breaks below the uptrend parallel.

The US 30yr Treasury Bond in a weak move up off lows. The 10yr yields still holding around the 4.60%.

The US Dollar is a long.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar contained within the Median line parallels from October 2022. Trade pressures remain up. Volumes closed the month of January as bullish.  The 6181 price remains the high. The next target up is 6633.  A close below 5870, would confirm a weekly move lower. The next target down would be 5523.

Weekly – The weekly has a lower close.  Trade pressures remain down. Volumes remain bullish. This weeks close has formed a “spinning top”, a sign of indecision, and a lower high. A close below 5845 would confirm any daily move lower.

Daily – Short. Failed move up has moved down below the trendline from the December 6181 high at 6067 on 1/31, the close below 6094 has signaled lower. Trade pressures are now down.  Volumes are now bearish.
Look for a rally above 6100 to short as price moves back down thru 6094. The next target down is 5932.
A close above 6094 is also required to start a new move up.

The expected oversold level rises to 5980.
The expected overbought level rises to 6159.

[2-2-25: Sunday Nite session. Gapped lower to 5941. Wait for a retracement.]

[2-4-25: Closed the gap caused by the Monday open down to the oversold level.]

___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value drops at $112,000.
The Year-to-Date portfolio performance is  up 12%.

[The author may be long or short any of these issues mentioned],

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXH25

Weekly –  In the October 2024 uptrend.  Trade pressures are up. Volumes remain bullish.

Daily – Long. In the new move up from the 108.00 long entry. Trade pressures are up.  Volumes are now bullish.

The next target up is 109.23 . The expected overbought level declines to 108.71.

A close below 107.66 would signal lower. The expected oversold levels declines to 107.10.

[2-4-25: Tariff talk weighing on the dollar. Short at 108.40]

[2-6-25: dowwn to oversold level. A close above 107.85 would signal higher.]

 

US30YR T-BOND_ USH25

Weekly – In a new October 2024 downtrend.  Trade pressures are down but rising.  Volumes are bearish.

Daily  – Long. In the move up off the 110-20 lows of 1-16. Trade pressures have risen, but now declining.  Volumes have turned bearish.

The next target up is 117-84. Overbought levels are 120-26.

A close below 113-25 would resume the move down. Oversold levels are 113-25.

[The 10yr yield overbought level declines to 4.79%, the oversold level is now 4.49%.
Higher inflation expectations continue thru 1Q25 and 2Q25.]

[1-27-25: Long from 113-31 in the early am session. Set SL @ 112-15.] [ Raise the SL to 113-17.]

[1-31-25: Raise the SL to BE at 113-31.]

[2-4-25: Stopped out at the BE, 113-31.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH25

Weekly – In the new January 2025 uptrend. Trade pressures are up but declining. Volumes are neutral.

Daily – Flat. In the move down from 76.62 on 1/21.  Took profits on the first trade down to 72.50. Trade pressures are down. Volumes remain bearish.

The next target down is 70.86, the 200 day MA.  The expected oversold level declines to to 71.80.

Need a close above 73.84 level to signal higher, (could happen in the Sunday nite session.)  The expected overbought levels declines to 77.90.

[2-4-25: immediate reversal to short on 2-3 open. No trade]

 

NAT GAS_ NGH25

Weekly – In the new January 2025 uptrend. Trade pressures are up but declining.  Volumes remain bullish.

Daily – Flat.  In the move down from 3.62 on 1/17. Trade pressures are down.  Volumes remain bearish.

A close below 3.33 did signal lower. The expected oversold level declines to 3.01.

Need a close above 3.50 to start a move up. The expected overbought level rises to 4.36.

[Too much volatility to trade.]

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH25

Weekly – In the September 2024 uptrend; holding support. Trade pressures are up. Volumes remain bearish.

Daily – Flat. At 4.27 support. Trade pressures are up.  Volumes are now bearish.

The next target down is 4.15. The expected oversold levels decline to 4.21.

A close above 4.32 is required to start a new move up. The expected overbought levels decline to 4.41.

[2-5-25: long at 4.36. SL at 4.33.]

[2-6-25: Raise SL to 4.43.]

 

GOLD_ GCJ25

Weekly – In the December 2023 uptrend.  Trade pressures are up.  Volumes remain bullish.

Daily – Flat. In the move up from the 2782 break out above the January 26th trend line. Trade pressures are up.  Volumes remain bullish.

The next target up is 2871. The expected overbought level rises to 2874.

A close below 2821 would signal lower. The next target down is 2780. The expected oversold level rises to 2726.

[2-5-25: next target up is 2912 and over bought.]

2-6-25: A close below 2864 would signal lower, Set as SL.]

 

SILVER_ SIH25

Weekly – In the December 2023 uptrend. Trade pressures are up.  Volumes are bullish.

Daily – Flat. In the the move up from 31.54 on 1/30.  Trade pressures are up.  Volumes are now bullish.

The next target up is 33.38. Overbought levels are 34.89.

A close below 32.11 would signal lower. The oversold levels are 29.72.

[2-5-25: A close below 32.41 would signal lower.]

Navellier Top 5 For February

Carpenter Technology Corporation

Carpenter Technology Corporation (CRS) develops specialty alloys, offering more than 500 alloys, including stainless steel, nickel, cobalt, magnetic iron, powder metals and titanium. The alloys are used in products, parts and components by customers around the world.

Strong demand for its alloys has added to the company’s top and bottom lines in recent quarters – and that was apparent in Carpenter Technology’s latest results on Thursday.

For its second quarter in fiscal year 2025, Carpenter Technology reported that operating earnings soared 70% year-over-year to a new record of $118.9 million. Adjusted earnings surged 95.3% year-over-year to $1.66 per share, up from $0.85 per share in the second quarter of 2024. The consensus estimate called for adjusted earnings of $1.61 per share.

Given that the second quarter was the second most profitable quarter in Carpenter Technology’s history, the company also upped its outlook for 2025. Operating earnings are now forecast to be between $500 million and $520 million, compared to previous estimates for $460.0 million to $500.0 million. CRS is an Aggressive buy below $227.

SOM Technicals:

12-13-24: Closed at 174.09. Trade pressures are down and trending. Volumes are bearish. The next target down is 150.21.

12-21-24: Closed at 169.97. Trade pressures are down. Volumes are neutral. The next target down remains 150.91.

12-27-24: Closed at 170.66. Trade pressures are up but turning down. Volumes are now neutral. The next target down is 163.00.

1-3-25: Closed at 180.13. Trade pressures are up. Volumes are bullish. The next target up is 182.64.

1-11-25: Closed at 185.96. Trade pressures are up but declining. Volumes are bullish. The next target up is 195.20.

1-18-25: Closed at 206.58. Trade pressures are up. Volumes are  bullish. The next target up is 211.54.

1-24-25: Closed at 210.70. Trade pressures are up but declining. Volumes are bullish. The next target up is 213.65.

1-31-25: Closed at 193.06. Trade pressures are down. Volumes are neutral. The next target down is 178.11.

2-8-25: Closed at 187.94. Trade pressures are down. Volumes are bearish. The next target down is 178.41.

2-15-25: Closed at 188.44. Trade presures are down but rising. Volumes are bullish. The next target up is 191.93.

2-21-25: Closed at 195.10. Trde pressures are down. Volumes are bearish. The next target down is 187.98.

 

Howmet Aerospace, Inc.

Howmet Aerospace, Inc. (HWM) is a Pennsylvania-based company that develops engineered solutions for the aerospace and industrial industries. Specifically, Howmet Aerospace operates four main businesses: engine products, fastening systems, engineered structures and forged wheels.

Howmet Aerospace is scheduled to release fourth-quarter and full-year 2024 results on February 13.

For the fourth quarter, earnings are forecast to increase 35.8% year-over-year to $0.72 per share, up from $0.53 per share in the same quarter a year ago. Revenue is expected to rise 8.5% year-over-year to $1.88 billion. Analysts have upped earnings estimates slightly in the past three months, so a fifth-straight quarterly earnings surprise is likely.

For its fiscal year 2024, Howmet Aerospace is expected to achieve earnings of $2.67 per share on $7.42 billion in revenue. That translates to 45.1% annual earnings growth and 11.7% annual revenue growth. HWM is a Moderately Aggressive buy below $141.

SOM Technicals:

10-28-24: Opened at 102.08. Trade pressures are up. Volumes are bullish. The next target up is 102.88.

11-8-24: Closed at 113.65. Trade pressures are up. Volumes are neutral. The next target up is 115.38.

11-16-24: Closed at 112.01. Trade pressures are down into the neutral zone. Volumes are neutral. The next target down is 108.64.

11-16-24: Closed at 118.44. Trade pressures are up. Volumes are bullish. The next target up is 119.28.

12-06-24: Closed at 118.31. Trade pressures are up but have turned down. Volumes are bullish. The next target up is 120.71.

12-13-24: Closed at 113.43. Trade pressures are down but rising. Volumes are bearish. The next target down is 106.65.

12-20-24: Closed at 110.83. Trade pressures are down. Volumes are bullish. The next target down remains 106.65.

12-27-24: Closed at 111.23. Trade pressures are up but turning down. Volumes are now neutral. The next target down is 106.65.

1-3-25: Closed at 112.76. Trade pressures are up. Volumes are bullish. The next target up is 118.47.

1-11-25: Closed at 112.64. Trade pressures are rising into the neutral zone. Volumes are bullish. The next target up is 118.50.

1-18-25: Closed at 125.30. Trade pressures are up. Volumes are bullish. The next target up is 129.47.

1-24-25: Closed at 127.03. Trade pressures are up but declining. Volumes are bullish. the next target down is 125.00. 

1-31-25: Closed at 126.58. Trade pressures are rising into the neutral zone. Volumes are neutral. The next target down is 122.61.

2-8-25: Closed at 127.70. Trade pressures are up. Volumes are bullish. The next taerget up is 129.47.

2-15-25: closed at 133.42. Trade pressures are up into the neutral zone. volum es are bullish. The next target up is 134.85.

2-21-25: Closed at 129.83. Trade pressures are down. Volumes are bearish. The next target down is 127.37.

 

Sprouts Farmers Market, Inc.

Sprouts Farmers Market, Inc. (SFM) offers healthy, nutritional food at over 400 stores in 23 U.S. The company boasts that the majority of its food items are natural or organic, and it also provides many gluten-free, plant-based, grass-fed, non-GMO and raw food options.

Sprouts Famers Market plans to post fourth-quarter and full-year 2024 results on February 20.

Fourth-quarter earnings are forecast to jump 46.9% year-over-year to $0.72 per share, compared to $0.49 per share in the same quarter a year ago. Revenue is expected to rise 15% year-over-year to $1.95 billion. The analyst community has revised fourth-quarter earnings estimates 26.3% higher in the past three months, which bodes well for a quarterly earnings surprise.

For full-year 2024, the current consensus estimate calls for earnings of $3.67 per share on $7.68 billion in revenue. That represents 29.2% annual earnings growth and 12.3% annual revenue growth. SFM is a Conservative buy below $176.

SOM Technicals:

11-22-24: Closed at 147.13. Trade pressures are up. Volumes are bullish. The next target up is 148.56.

12-06-24: Closed at 154.04. Trade pressures are down into the neutral zone. Volumes are bullish. The next target up is 155.87.

12-13-24: Closed at 147.79. Trade pressures are up but turning down. Volumes are bearish. the next target down is 142.69.

12-20-24: Closed at 131.70. Trade pressures are down. Volumes are bearish. The next target down is 126.86.

12-20-24: Closed at 128.50. Trade pressures are down. Volumes are bearish. The next target down is 126.74.

1-3-25: Closed at 134.65. Trade pressures are up. Volumes are bullish. The next target up is 148.97.

1-11-25: Closed at 137.98. Trade pressures are up. Volumes are bearish. The next target down is 134.61.

1-18-25: Closed at 139.25. Trade pressures are up. Volumes are neutral. The next target up is 148.97.

1-24-25: Closed at 146.75. Trade pressures are up. Volumes are bullish. The next target up is 148.97.

1-31-25: Closed at 158.34. Trade pressures are up. Volumes are bullish. At resisitance, a move below 152.03 would signal lower.

2-8-25: Closed at 167.97. Trade pressures are up. Volumes are bullish.The next target up is 172.77.

2-15-25: Closed at 177.12. Trade pressures are up. Volum es are bullish. The next target up is 184.00.

2-21-25: Closed at 143.32. Trade pressures are down. Volumes are neutral. The next target down is 129.71.

 

Targa Resources Corporation

Targa Resources Corporation (TRGP) is a midstream energy company that provides gathering and processing systems as well as logistics and transportation systems. The company operates more than 31,000 miles of natural gas pipelines and 53 processing plants, which service top natural gas and crude oil-producing basins in the U.S.

Targa Resources will also announce fourth-quarter and fiscal year 2024 results on February 20.

For the fourth quarter, analysts expect earnings of $1.82 per share and revenue of $4.66 billion, up from earnings of $1.50 per share and revenue of $4.24 billion in the fourth quarter of 2023. Full-year earnings are forecast to more than double year-over-year to $6.52 per share, compared to $3.00 per share in 2023. Revenue is anticipated to grow 10.7% year-over-year to $17.79 billion. TRGP is a Conservative buy below $216.

SOM Technicals:

5-25-24: Closed at 114.28. Trade pressures are down. Volumes are bearish. The next target down is 111.90.

6-2-24: Closed at 118.23. Trade pressures are up. Volumes are bullish. The next target up is 119.68.

6-8-24: Closed at 118.01. Trade pressures are up. Volumes are bullish. The next target up is 119.68.

6-15-24: Closed at 119.00. Trade pressures are down. Volumes are neutral. The next target down is 117.63.

6-23-24: Closed at 125.10. Trade pressures are up. Volumes are bearish. The next target down is 123.65.

6-30-24: Closed at 128.78. Trade pressures are up. Volumes are bullish. The next target up is 130.53.

7-5-24: Closed at 132.49. Trade pressures are up. Volumes are bullish. The next target up is 139.71.

7-12-24: Closed at 135.05. Trade pressures are up. Volumes are bullish. The next target up is 137.41.

7-20-24: Closed at 136.37. Trade pressures are up. Volumes remain bullish. The next target up is 139.96.

8-3-24: Closed at 130.58. Trade pressures are down. Volumes are bearish. The next target down is 126.70.

8-11-24: Closed at 135.69. Trade pressures are up. Volumes are bullish. The next target up is 139.35, the prior high.

8-16-24: Closed at 142.83. Trade pressures are up. Volumes are bullish. The next target up is 150.00.

8-26-24: Closed at 145.47. Trade pressures are up. Volumes are bullish. The next target up is 151.82.

9-28-24: Closed at 146.80. Trade pressures are down. Volumes are neutral. The next target down is 140.89.

10-5-24. Closed at 158.02. Trade pressures are up. Volumes are bullish. The next target up is 159.07.

10-12-24: Closed at 165.76. Trade pressures are up. Volumes are bullish. The next target up is169.90.

10-18-24: Closed at 162.75. Trade pressures are down into the neutral zone. Volumes are bullish. The next target down is 157.41.

10-28-24: Closed at 164.72. Trade pressures are down. Volumes are neutral. The next target down is 160.29.

11-8-24: Closed at 192.28. Trade pressures are up. Volumes are bullish. The next target up is 195.00.

11-16-24: Closed at 196.04. Trade pressures are up but declining. Volumes are bullish. The next target up is 197.14.

11-22-24: Closed at 207.31. Trade pressures are up. Volumes are bullish. The next target up is 210.40.

12-06-24: Closed at 194.34. Trade pressures are down but rising. Volumes are bearish. The next target down is 182.70.

12-13-24: Closed at 184.62. Trade pressures are down. Volumes are bearish. The next target down is 172.37.

12-20-24: Closed at 176.89. Trade pressures are down. Volumes are bullish. The next target up is 187.58.

12-27-24: Closed at 177.36. Trade pressures are down into the neutral zone. Volumes are neutral. The next target down is 172.13.

1-3-25: Closed at 188.17. Trade pressures are up. Volumes are bullish. The next target up is 193.02.

1-11-25: Closed at 193.30. Trade pressures are up. Volumes are bearish. The next target down is 187.15.

1-18-25: Closed at 215.72. Trade pressures are up. Volumes are bullish. The next target up is 225.15.

1-24-25: Closed at 209.07. Trade pressures are down to the neutral zone. Volumes are neutral. The next target down is 199.17.

1-31-25: Closed at 196.80. Trade pressures are down. Volumes are bearish. The next target down is 179.83.

2-8-25: Closed at 201.42. Trade pressures are up but declining. Volumes are bearish. The next target down is 194.61.

2-15-25: Closed at 205.36. Trade pressures are up. Volumes are bullish. The next target up is the 214 resistance.

2-21-25: Closed at 200.36. Trade pressures are down. Volumes are bearish. The next target down is 194.61.

 

United Airlines Holdings, Inc.

United Airlines Holdings, Inc. (UAL) was a new addition to the High-Growth Investments Buy List in the January Monthly Issue. As you probably know, United Airlines Holdings is the parent company of United Airlines, the biggest airline in the world and the number one airline in the U.S. The company transports people and cargo, with nearly 350 destinations on six continents.

United Airlines recently reported better-than-expected quarterly results. For the fourth quarter, United Airlines announced adjusted earnings of $1.09 billion, or $3.26 per share, and revenue of $14.7 billion. That represented 64.2% year-over-year earnings growth and 7.8% year-over-year revenue growth. The consensus estimate called for earnings of $3.03 per share and revenue of $14.34 billion.

The company also provided a strong outlook for the first quarter. United Airlines expects first-quarter adjusted earnings per share between $0.75 and $1.25, which is up from a loss in the same quarter a year ago. The outlook was much higher than analysts’ initial estimates, so earnings estimates have been revised 89.3% higher in the past week alone! UAL is a Moderately Aggressive buy below $121.

SOM Technicals:

1-31-25: Closed at 105.84. Trade pessures are down. Volumes are bullish. The next target downis 96.84.

2-8-25: Closed at 109.00. Trade pressures are up. Volumes are bullish. The next target up is 114.78.

2-15-25: Closed at 104.26. Trade pressures are down but rising. Volumes are now neutral. The next target down is 96.84.

2-21-25: Closed at 95.89. Trade pressures are down. Volumes are bearish. The next target down is 85.00.