Stock Pick of the Week: W. E. 6 May 2021

[clarkrl2]

Rules:

1. Selection must be made prior to the opening bell on the first trading day of the week.
2. Selection may be changed up to the opening bell.
3. Starting price is the opening price on first trading day of week.
4. Ending price is closing price on last trading day of week.
5. No options or other trading vehicles. Only stocks and ETFs are allowed.
6. Opening prices will be those found at Yahoo Finance. Any disputed opening price will be resolved using the price listed at Yahoo Finance historical quotes

To enter the game:

List your stock's symbol, Long or Short, Company name, what the company does and why you like the selection.

Congratulations to last week's winner "djAdvocate"

[djAdvocate]

UNG long
target is 26.5 on this

[uncle23]

TSLA….long

[ModE98]

CLOV (long)

Clover Health is a Preferred Provider Organization (PPO) and a Health Maintenance Organization (HMO) with a Medicare contract.

[kadee79]

IP, long....


International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings, reinforced plastics, and other applications. It sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.

[clarkrl2]

Long BWFG (Bankwell Financial Group - Regional Bank)
I like this long term and the weekly bar chart looks OK. weekly bars 

[Value Buy]

Interesting week. March was a world of hurt in the markets. Will May, or at least the first week of May rebound?
Oil is down $3 a barrel this morning, stock futures are trending positive, but that can change in a NY minute as we all know.
Moderna and Pfizer both report this week. Will they disappoint on doses of the vaccines being used? Maybe.
The Fed makes their announcement Wednesday, and it can go either way. Markets like it and expected it and goes up on a relief rally. The markets may hate it and dive....
I was down to three picks. RROC, oil stock, BLL, aluminum manufacturer, mostly in retail market product use and both companies report this week.
Then there is CLF, a steel maker.
Question is, go with BLL, but do they report costs are hurting them. CLF, would just be a rebound from a bad week.
Ranger Oil peeks my interest. A smallish stock cap, not a lot of trading volume, and produces oil, liquid natural gas and natural gas. Natural gas prices are on fire right now.....Most major oils had a negative week, but I do not see oil prices trending downward yet. At $90 to $100 a barrel everyone is printing money, unless they have longterm contracts with companies buying their product at lower prices in forward months.....
ROCC long

[djAdvocate]

i think steel and iron are good right now.  lots of global factors working in their favor.

[clarkrl2]

ModE98 has the early lead in this week's championship. clarkrl2 is keeping pace only a nose behind in second an uncle23 is third. djAdvocate is also beating the benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
Mod E	L	CLOV	$2.6700	$2.8200	5.62%
clarkrl2	L	BWFG	$34.0000	$35.9000	5.59%
uncle.23	L	TSLA	$860.7700	$902.9400	4.90%
djADVOCATE	L	UNG	$25.4100	$26.0000	2.32%
BenchMark	L	QQQ	$312.8300	$318.4800	1.81%
Value Buy	L	ROCC	$31.2200	$31.7000	1.54%
kadee77	L	IP	$46.5600	$46.5500	-0.02%

 

[clarkrl2]

Value Buy takes the lead on day two. clarkrl2 has a dirty nose in front of uncle23 for second. djAdvocate and ModE98 are beating the benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
Value Buy	L	ROCC	$31.2200	$33.6400	7.75%
clarkrl2	L	BWFG	$34.0000	$35.9200	5.65%
uncle.23	L	TSLA	$860.7700	$909.2500	5.63%
djADVOCATE	L	UNG	$25.4100	$26.7900	5.43%
Mod E	L	CLOV	$2.6700	$2.7800	4.12%
BenchMark	L	QQQ	$312.8300	$318.8200	1.91%
kadee77	L	IP	$46.5600	$46.8200	0.56%

[djAdvocate]

if i were holding UNG, it would have sold this morning at $27.31 (open).  now i have to see how far it retreats.  

[Value Buy]

May 3, 2022 17:58:49 GMT -5 djAdvocate said:

if i were holding UNG, it would have sold this morning at $27.31 (open).  now i have to see how far it retreats.  

Natural gas is still on fire. Oil sold off a little today, but by the end of the week, it might be hot commodity again.

[Value Buy]

So what happens today? 
Oil futures up!

[Value Buy]

Getting a little worried about my steed this week.
Opened hot this morning out the gate and been dropping back in the first turn.....
This is an oil and gas steed, and should be bolting around the first turn today.

Traders might know something I do not..........I hope I do not have to see this.

[djAdvocate]

i am really shocked that gas reversed itself.  it was down 2% last night.

edit: it looks really toppy to me.  i expect it to retreat to $26.

edit2: gas and oil are both up over 5%.  dow is approaching a 1000 point gain.  this is pretty nuts.

[Value Buy]

May 4, 2022 11:09:23 GMT -5 djAdvocate said:

i am really shocked that gas reversed itself.  it was down 2% last night.

edit: it looks really toppy to me.  i expect it to retreat to $26.

gas and oil are both up over 5%.  dow is approaching a 1000 point gain.  this is pretty nuts.

Nah, you are fine!
Looks like just about everyone's horse liked the Fed's move!

[djAdvocate]

yep.  what a crazy ass week.  AND IT IS ONLY HALF OVER!

[clarkrl2]

Value Buy retains the lead with two days to go. djAdvocate is a contentious second and uncle23 is in double digit territory for third. ModE98 and clarkrl2 are also beating a revived benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
Value Buy	L	ROCC	$31.2200	$35.8600	14.86%
djADVOCATE	L	UNG	$25.4100	$29.0100	14.17%
uncle.23	L	TSLA	$860.7700	$952.6200	10.67%
Mod E	L	CLOV	$2.6700	$2.9300	9.74%
clarkrl2	L	BWFG	$34.0000	$35.9900	5.85%
BenchMark	L	QQQ	$312.8300	$329.6000	5.36%
kadee77	L	IP	$46.5600	$48.4900	4.15%

 

[Value Buy]

Okay, This market is really messed up.
My steed opened at $35 and dropped from there until the afternoon, even though oil and ng were strong.
After the fed announcement looks like everyone's horse kicked in to turbo mode.......
Now we wait to see if the markets have a hangover from today......

[djAdvocate]

the after hours action looks terrible.  but it did yesterday, too.  so.....

WHO KNOWS?

[Value Buy]

May 4, 2022 22:53:50 GMT -5 djAdvocate said:

the after hours action looks terrible.  but it did yesterday, too.  so.....

WHO KNOWS?

Europe bounced on our action yesterday, but to see futures down after such a rise is not a surprise.
900 point rise in the DOW deserves a pullback, hopefully just a little one.

We are heading over to the Daytona Beach area for the weekend to see my sister's family, as well as  my brother and his wife coming from Indiana for the weekend today.
Promised my self to leave the laptop at home and do some serious beach time with everyone and adult beverages.
Might check out the Margaritaville complex being built there too, but my sister says, BLAH! to it. She would know!
Hate traveling on Cinco D Maya, but it is what it is. It does leave us the evening to let loose.
Good luck to everyone on the last two days of the contest. It should be an interesting end to and interesting week!

Hopefully back for Monday's opening!

[djAdvocate]

have fun, VB.
this morning's opening has you higher and me lower.
we will see how that holds up for the next two days.

[clarkrl2]

djAdvocate takes over the lead on a wild day. Value Buy is second and ModE98 third. The entire field is beating the benhmark. Have a happy Cinco de Mayo.

Player	L or S	Symbol	$ Open	$ Close	% Close
djADVOCATE	L	UNG	$25.4100	$30.1000	18.46%
Value Buy	L	ROCC	$31.2200	$34.9300	11.88%
Mod E	L	CLOV	$2.6700	$2.8300	5.99%
clarkrl2	L	BWFG	$34.0000	$35.6500	4.85%
kadee77	L	IP	$46.5600	$48.1100	3.33%
uncle.23	L	TSLA	$860.7700	$873.2800	1.45%
BenchMark	L	QQQ	$312.8300	$313.0000	0.05%

 

[clarkrl2]

Value Buy made a big move on the last day to take this week's trophy. djAdvocate is second and clarkrl2 third. Everyone beat a struggling benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
Value Buy	L	ROCC	$31.2200	$37.0400	18.64%
djADVOCATE	L	UNG	$25.4100	$27.6800	8.93%
clarkrl2	L	BWFG	$34.0000	$35.5100	4.44%
kadee77	L	IP	$46.5600	$48.1600	3.44%
Mod E	L	CLOV	$2.6700	$2.6900	0.75%
uncle.23	L	TSLA	$860.7700	$865.6500	0.57%
BenchMark	L	QQQ	$312.8300	$309.2500	-1.14%

[clarkrl2]

2022	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
Value Buy	3.90	16	4	5	2	11	35	2.19
kadee77	0.59	17	5	2	0	9	28	1.65
clarkrl2	0.42	18	1	5	3	12	28	1.56
djADVOCATE	-0.05	18	3	2	2	8	23	1.28
Mod E	-0.73	15	1	3	1	9	19	1.27
BenchMark	-0.87	18	0	0	8	0	8	0.44
uncle.23	-6.36	18	4	1	2	10	26	1.44

Lifetime	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
bimetalaupt	2.78	4	1	0	0	1	4	1.00
m2w	1.15	8	2	1	0	3	11	1.38
damnotagain	0.83	20	2	3	3	10	25	1.25
Value Buy	0.73	214	43	20	22	101	292	1.36
djADVOCATE	0.70	74	9	9	9	27	81	1.09
Mod E	0.36	424	58	72	63	212	593	1.40
BenchMark	0.34	436	20	52	97	0	479	1.10
2kids10horses	0.33	10	0	2	1	4	9	0.90
kadee77	0.29	420	79	60	36	184	577	1.37
Ombud	0.26	111	9	11	18	56	123	1.11
clarkrl2	0.07	436	51	63	71	209	559	1.28
architecto25	-0.30	400	82	46	39	176	553	1.38
tyfighter3	-0.53	108	11	4	17	40	98	0.91
Bluerobin	-0.66	6	2	0	0	3	9	1.50
uncle.23	-1.07	435	62	83	44	189	585	1.34
D. I.	-1.84	102	4	11	11	51	96	0.94
alliesmom	-6.82	2	0	0	0	1	1	0.50

 

[djAdvocate]

my horse pulled up lame in the final stretch.
great work to everyone this week, with a special shout out to VB!

[kadee79]

Congrats VB, DJ & Clark!

[Value Buy]

Congratulations to DJ and Clark on a crazy week.
This was a weekend where I was happy I stayed away from the internet! 
Seeing it on the newscasts was bad enough.