#057 | US Stocks
Checked out the Indian Newsletter? It has Technical views on Nifty, Bank Nifty and 3 interesting ideas š
Have you checked out our Indian Stocks Newsletter for this week?
Also, in this weekās newsletter, we have three bullish picks.
Click here to check out this weekās edition.
In this weekās edition we talk about three interesting stocks from three different sectors - QSR, Financial Services and Commodity.
Guess the Breakout Indian Stock of the Week š
Get a Complimentary 1-month subscription to Alpha Swing Premium. Guess it right!
We have seen multiple counters rally on the massive commodity surge across steel, coffee and now even sugar.
Continuing on this trend of commodity inflation, we feel that this can also be an interesting short-term play.
At an annualised EPS of 16, the Company is available at a Forward PE of 7x earnings.
Guess the stock.
Answer to last weekās contest was Colgate Palmolive. If you got the answer right, write to us to get a complimentary 1-month access.
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Indian Stocks - You get access to weekly swing trade newsletters - These include views around the benchmark indices and three interesting stocks from the Indian Markets. While Harneet charts out all the technical aspects of the trade, I try and put a short take from the fundamental side. Hereās a small snippet.
US Stocks - Two interesting swing trade ideas from the US markets. Presently, this is being given for free every week but we may soon put this behind the paywall exclusively for our premium subscribers.
Community Events - Until now, we have hosted multiple community events - Live Zoom call, Telegram Ask Me Anything (AMA) sessions and also Twitter Spaces. We will soon publish schedules for this.
Most of our members have had a great track record and our e-mails have an average open rate of 80-90%.
Teck Resources
US indices saw a decent fall this week and most of the stocks broke their last week's lows too.
$TECK how ever has broken out of this cup base and is looking good for a 8-10% move as long as we are above 29.
(Volume Shelf is an exclusive feature available only on Trendspider.)
Alcoa Corporation
$AA after breaking out of this cup, had gone into sideways move for some days but a good sign was that it still didn't go below the volume shelf and kept bouncing off it.
Now this has given a good bounce and nice closing on Friday even though when market was not supporting.
Till we are above 59 now, looking for a 10% move in this counter.
Have you checked out our Indian Stocks Newsletter for this week?
Disclaimer
The data/information available on this newsletter is for the purpose of information only and one needs to rely on their own judgment while making any decisions including investment decisions.
Any investments discussed or recommended are not intended to offer or solicit an offer to buy and/or sell any securities mentioned on this newsletter and/or is not an official confirmation of any transaction.
No content on this newsletter should be construed to be investment advice. You should consult a qualified financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only. The author / contributor accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.
Alpha Swing does not provide SEBI registered investment advice.
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