UBER & WYNN Came Up From Screens Today – Here Is What’s Interesting About These Stocks…

Many apologies, I’m struggling valiantly to complete the coding for the population of the lists of pre-screened stocks on the website profitableswingtrading.com.

Hopefully, by the end of March, I’ll have it complete, until then I do have the market-timing data populated which is free just for registering.

Here is an analysis of two very attractive charts that resulted from today’s “Continuing Trade” screens:

Uber Joins Dow Transports Amidst Index Changes
Uber will join the Dow Transports on Monday, marking the first adjustment to the index since December 7, 2021, when Old Dominion replaced Kansas City Southern. The addition of Uber adds an interesting dynamic, given that unlike many other index components, Uber is not primarily a shipping company. However, the presence of Avis in the Transports, which operates similarly to Uber as a ground transportation company, suggests that the Dow Transports index committee considers transportation broadly, encompassing passenger services as well as freight.

JPMorgan Chase & Co. Raises Price Target for Wynn Resorts
According to a report released on Tuesday morning, JPMorgan Chase & Co. increased its price objective for Wynn Resorts (WYNN) from $118.00 to $123.00. The casino company currently holds an overweight rating from JPMorgan Chase & Co. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor.

View the UBER & WYNN stock chart analysis on YouTube or click the image below.