Rev's Forum: Attractive Setups To Keep an Eye on

 | Jul 19, 2017 | 10:00 AM EDT
  • Comment
  • Print Print
  • Print
Stock quotes in this article:










Routine is something that I've grown to really appreciate over the past few years. It boosts productivity, helps allay the temptation to multitask, and importantly, to be able to shut things down and the end of the workday.

An essential piece of my daily routine is scrolling through a few thousand charts as I develop watchlists, set alerts and draw all those funny lines that those efficient market aficionados despise. Not only does that help identify opportunities and manage risk, it also keeps me focused on the actual pricing action, both in individual stocks as well as the broader market.

It's always easy to worry about all the bad stuff that might happen. I recently heard from someone who said that his kid had a summer internship at a big Wall Street bank, and that all anyone was talking about with clients was their expectation for a significant downturn in the market. They may be right, and I still can't seem to find a lot of growth names that have even acceptable valuations, much less attractive ones, but at the same time, there's been no actual evidence to support an overly defensive approach yet.

That time will come, and it could happen at any moment, but while we wait, I'll continue to stick to my routine, work the charts, and look for actionable ideas.

I mentioned yesterday afternoon there are a number of attractive setups to keep an eye on, and I've got a few more for your consideration today.

Data I/O Corporation (DAIO)

Weibo Corporation (WB) Inc  (SOHU)  (WIX)

First Data Corporation (FDC)

This article was written by Jim Koford.

Columnist Conversations

Facebook had outstanding earnings and looks to continue upward, while HD is a strong breakout on volume and Ak...
Stock picking contests can be entertaining and can provide some interesting ideas but if you seriously want to...
Your Reality Check. Check out Real Money's Helene Meisler's latest podcast here. Subscribe to Meisler's T...
XBTUSD (Bitcoin) On 4/25 Bitcoin top ticked @ 9755.52 and then FELL. Our first short term support @ 8990 was...



News Breaks

Powered by
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.