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Stocks This Week: Buy PulteGroup And Sealed Air – Forbes

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Photocredit: &copy; 2019 Bloomberg Finance LP

&copy; 2019 Bloomberg Finance LP

The performance of the S&amp;P in the coming week may very well reflect the prior week. In the new week&nbsp; the S&amp;P is likely to be flat or down. The 29th is a projected turning point and is the beginning of the April-May period of end-of-month (EOM) strength. That date is likely to be the next short-term low.

The weekly price cycle for PulteGroup bottoms now. In the last year, eight of nine buy signals have been profitable. The three-up chart that is below the cycle graph depicts the daily, weekly and monthly technical action. The top strip in each time frame is the closing price, the middle strip is a momentum measure and the bottom strip is the relative strength versus the S&amp;P 500. The weekly section shows higher lows in momentum. The monthly section depicts an upturn in momentum and a long relative strength base. The stock may reach $32-$33 by the time of the next cycle peak on May 11th.

Chart 1

The cycle is giving a buy signal.

Cycles Research Investments LLC

Chart 2

This is a picture of technical strength.

Cycles Research Investments LLC

The weekly cycle for Sealed Air has bottomed. All seven buy signals have been successful in the last twelve months. The stock could rally to $46.9-$47.0 by the projected cycle peak on May 7th. The monthly price graph is constructive. The momentum oscillator is oversold and has turned up. Relative strength has broken a three-year downtrend. This suggests continued outperformance through 2019.

Chart 3

The weekly cycle has bottomed.

Cycles Research Investments LLC

Chart 4

The indication is for higher prices by yearend.

Cycles Research Investments LLC

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Photocredit: © 2019 Bloomberg Finance LP

© 2019 Bloomberg Finance LP

The performance of the S&P in the coming week may very well reflect the prior week. In the new week  the S&P is likely to be flat or down. The 29th is a projected turning point and is the beginning of the April-May period of end-of-month (EOM) strength. That date is likely to be the next short-term low.

The weekly price cycle for PulteGroup bottoms now. In the last year, eight of nine buy signals have been profitable. The three-up chart that is below the cycle graph depicts the daily, weekly and monthly technical action. The top strip in each time frame is the closing price, the middle strip is a momentum measure and the bottom strip is the relative strength versus the S&P 500. The weekly section shows higher lows in momentum. The monthly section depicts an upturn in momentum and a long relative strength base. The stock may reach $32-$33 by the time of the next cycle peak on May 11th.

Chart 1

The cycle is giving a buy signal.

Cycles Research Investments LLC

Chart 2

This is a picture of technical strength.

Cycles Research Investments LLC

The weekly cycle for Sealed Air has bottomed. All seven buy signals have been successful in the last twelve months. The stock could rally to $46.9-$47.0 by the projected cycle peak on May 7th. The monthly price graph is constructive. The momentum oscillator is oversold and has turned up. Relative strength has broken a three-year downtrend. This suggests continued outperformance through 2019.

Chart 3

The weekly cycle has bottomed.

Cycles Research Investments LLC

Chart 4

The indication is for higher prices by yearend.

Cycles Research Investments LLC

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