High Quality Stock Setups, Weekly Stock Bull Finder

Weekly Stock Bull Finder

High Quality Stock Setups

Finding high potential stock setups on quality companies

Thematic (Sector/Industry)

<ul><li>The start of the second half of the year so far has seen a change in the market themes versus the first half of the year.</li><li>Microsoft’s declaration in January 2023 that AI would emerge as the next computing platform coupled with Nvidia’s shocking earnings guide up last quarter, coupled with a weaker dollar and decline in bond yields, provided fuel in the first half of the year for the technology sector and garnered investor eyeballs to anything closely associated with AI.</li><li>However, on Microsoft’s most recent earnings call on July 25th, CFO Amy Hood stated “Even with strong demand and a leadership position, growth from our AI services will be gradual as Azure AI scales and our copilots reach general availability dates. So for FY '24, the impact will be weighted towards H2.”</li></ul>

The start of the second half of the year so far has seen a change in the market themes versus the first half of the year.Microsoft’s declaration in January 2023 that AI would emerge as the next computing platform coupled with Nvidia’s shocking earnings guide up last quarter, coupled with a weaker dollar and decline in bond yields, provided fuel in the first half of the year for the technology sector and garnered investor eyeballs to anything closely associated with AI.However, on Microsoft’s most recent earnings call on July 25th, CFO Amy Hood stated “Even with strong demand and a leadership position, growth from our AI services will be gradual as Azure AI scales and our copilots reach general availability dates. So for FY '24, the impact will be weighted towards H2.”

Equity Bottom-Up

<ul><li>2022 goes in the books as the worst start to a calendar year (through April's close) in the S&amp;P 500's history; down roughly -13.3% which broke the previous record was 1970's 4-month decline of -11.45%.</li><li>The SPY, Nasdaq, and QQQ indexes remain firmly below their 10WK/30WK moving averages as the corrective action continues.</li><li>After Big Cap tech reported last week, we are officially now in the stage of the market correction where the indexes are seeing downward pressure due to their outsized weightings in the broader market indexes. </li></ul>

2022 goes in the books as the worst start to a calendar year (through April's close) in the S&amp;P 500's history; down roughly -13.3% which broke the previous record was 1970's 4-month decline of -11.45%.The SPY, Nasdaq, and QQQ indexes remain firmly below their 10WK/30WK moving averages as the corrective action continues.After Big Cap tech reported last week, we are officially now in the stage of the market correction where the indexes are seeing downward pressure due to their outsized weightings in the broader market indexes. 

United States

Valero Energy Corporation is an independent petroleum refining and marketing company that owns and operates refineries in the United States, Canada, and Aruba.  The Company produces conventional gasolines, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products as well as diesel fuel, low-sulfur and ultra-low-sulfur diesel fuel, and oxygenates.

Valero Energy (VLO US)

Weekly Stock Bullfinder - Week of 8/14

The start of the second half of the year so far has seen a change in the market themes versus the first half of the year.

Weekly Stock Bull Finder

Weekly Stock Bullfinder- Week of 5/2

2022 goes in the books as the worst start to a calendar year in the S&P 500's history; down roughly -13.3% which broke the previous record was...

Weekly Stock Bull Finder