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COMMENT

It's flying high, but too close to the sun The price has rocketed up with good earnings and forecasting strong growth and EPS. To go from $40 to $80, be careful with this stock. If the market gets hit this summer which is normal historically, this stock will drop. 75x forward earnings is extremely rich. Remember, their coats are luxury items.

clothing
WAIT

From October to May, the industrial sector does well. Seasonally, this isn't Honeywell's time. It may pull back down to $140, maybe wait till October.

INDUSTRIAL PRODUCTS
DON'T BUY

Seasonality is mid-October through Christmas, not the summer which has no catalyst to move the stock. It's been rising since start-2016 to start-2018, but since then has broken that uptrend and fallen off highs. Don't look at it now.

Transportation
BUY

Until 2016 there was a flat consolidation, then the new CEO took the company higher. They're executing superbly and reported strong earnings. Their year-end is June 30, and it can be soft in July-September. But he sees nothing wrong with their chart.

computer software / processing
COMMENT

It's been sliding since early 2017, and all REITs are getting hit with rising interest rates. In the summer, REITs hang on, because interest rates hold. Look for it to show strength above the current $20.

property mngmnt / investment
DON'T BUY

It's on a negative trend and out of seasonality. It's like catching a falling knife now. Seasonality is in October, so let it bottom out and show some strength till then.

Transportation
COMMENT

Is it a good time to do a covered call? The banks do well in October to December. TD has enjoyed good
runs in the summer, but generally summer is not a strong time. Yes, write a covered call for it now.

banks