Transparent Traders Stock Watch List For 07/31/19
My name is James Mason, I’m the founder of Transparent Traders and this is the list of stocks that I suggest paying attention to on Wednesday, July 31.
$ENPH – Enphase Energy released earning on July 30th. The company has shown tremendous strength and the opening for the market on July 31st will demonstrate that with a significant gap up. IMO I see $ENPH making a very bullish push for a few more days before pulling back a little.
$HUM – Humana Inc, have you heard of Humana? If not, you will today with their massive gap up. $HUM has a tendency to gap up like this and then fade by 5 to 10 points over the next few days. Imo I would watch it on the daily chart to break up the upper Bollinger Band before trying to short it.
$ADP – Automatic Data Processing Inc released great numbers for their earnings. Their company is utilized by many companies and does exactly what their name says, which frees the companies of man-hours. $ADP is very solid and I would expect it to continue so by creating new highs.