This week, Sam Shames, VP of Options at Simpler Trading, shares his bullish and bearish sector and stock watchlists for the week ahead of the highly anticipated CPI report.
Sectors To Focus
LONG
XLB, XLF, XLI, XLP, XLU, XME, GDX, SMH, IYT, ITB, TLT
SHORT
XLK, XLY, ARKK, UUP
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Stock Watchlist
LONG
MATERIALS: BA, CAT, XOM, HAL, FCX, VALE, NUE, X, RIO, WPM, TECK
TECH: NFLX, KLAC, AVGO, ASML, TXN, TSM, META, IBM, TMUS, AAPL, AMZN
HEALTHCARE: JNJ, ABBV, AZN, PFE, LLY
MISC: HD, RTX, ALL, TRV, SCHW, JPM, GS, NEE, DHI, LEN, GIS, K, PM, PEP, KHC
SPEC: SQ, TSLA, WYNN, LVS, BABA, PDD, TCHEY, DKS, CROX, BTU
(Most longs will only work if indexes trade higher)
SHORT
TECH: INTU, AMD, ADBE, NOW, SNOW, DLR, GDDY, PAYC, DOCS, BILL
MISC: UNH, CVS, ELV, MOH, TMO, EQNR, CELH, CHK, SU, OXY
(Most shorts will only work if indexes trade lower)
Cheers,
Sam
