Stocks This Week: Buy Hasbro And Sell Short Delta Air Lines

The S&P declined slightly last week. The 24th may have been a high. In the coming week, the market is no longer benefiting from the short-term seasonal effects. The last week in July has been flat to down. The index does not gain any cycles strength until the 30th.

Here are stock recommendations for a volatile week, one long and one short. In both cases, the cycle signals have been 100% accurate in the last year. Hasbro cycles, both weekly and monthly, are rising. The daily cycle bottoms this week as the company reports earnings. The result likely will be a rally back to the $80 area.  

Chart 1

Chart 2

Chart 3 shows that the short-term cycle for Delta Air Lines has topped. The stock is likely to fall in the coming week. The shares are due to pull back to the $24 area or lower. Relative strength has been falling, hitting a new low last week.  

Chart 3

Chart 4

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