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November is here, earnings are still rolling, and we’ve even got a big election day in the mix!
Today we’re diving into S&P 500 stocks reporting earnings on Tuesday, November 4th. I’m looking at price action ( bars and candlesticks), momentum (through my RSI Power Zones), and any forecasting setups that might reveal opportunities — whether a stock is beaten down or simply trading at a bargain price.
Here are the highlights:
1️⃣ Gartner (IT)
Weakness continues to show in the price swings between the red RSI Power Zones. If this stock — currently around 250.00 — breaks below the October 15th and 17th lows, it could open the door for a short or Bearish position setup.
2️⃣ Leidos Holdings (LDOS)
LDOS has been consolidating nicely beneath the October 7th high and above the September 25th range. It recently touched Bull Resistance and pulled back to Bull Support — a healthy structure. A breakout above that October 7th level could offer a great position-building opportunity.
3️⃣ Pfizer (PFE)
Pfizer is attempting to base above its September 25th low, which marked the start of its last strong move higher. A break above the October 21st high could signal the next upside leg. This one’s worth watching for traders looking to gradually build long positions.
4️⃣ Exelon (EXC)
EXC is testing a prior top from August 8th — an important level in Gann Trading Patterns. If today’s candle finishes strong and earnings provide a boost, this could form a base for a new advance, especially since RSI remains in the Bull Support Power Zone.
5️⃣ Uber Technologies (UBER)
Uber’s showing steady Bullish behavior, maintaining a nice angle higher. The higher lows and consistent support from the Bull Support Power Zone suggest the trend can continue. Not flashy — but solid.
6️⃣ CDW Corporation (CDW)
CDW is showing early signs of Distribution — with sellers stepping back in. The stock is positioned poorly relative to the August and September lows, and the RSI is stuck at Bear Resistance. Be cautious; weakness could persist here.
7️⃣ Amgen (AMGN)
Amgen had a decline, then a failed rise — and now sits in a setup that could lead to another short-term move lower, potentially revisiting the September 26th range. Watch for a break below the October 31st low as confirmation. Gann Price Patterns are pointing that way.
8️⃣ Advanced Micro Devices (AMD)
AMD has been on a strong run, even pushing past prior Bull Resistance — a hallmark of powerful momentum. I wouldn’t chase it here, but if earnings create a mild pullback and RSI stays above the Bull Support Power Zone, that could be a chance to enter long.
On the weekly and monthly charts, this stock is at or near new all-time highs, so any dip backed by strong momentum could be a gift.
9️⃣ Assurant (AIZ)
This insurance name is still holding above its September 16th low, which gives it room to build a base. A breakout above recent highs near 213.00 could mark the start of a new move higher.
🔟 Corteva (CTVA)
CTVA is beaten down, but not broken. It’s deeply oversold — which can often mean sellers are exhausted and buyers may soon return. As long as price stays above the April 7th low, there’s potential for a meaningful rebound. A move above the October 30th high would confirm early strength.
If you’re a position builder who likes finding stocks when they’re “on sale,” this is one to keep an eye on. The key is to wait for the market to show its hand — let buyers step in before you do.
1️⃣1️⃣ Live Nation (LYV)
LYV is flashing Bullish price and momentum behavior. If the current candle holds near its level at publication, it’s forming a strong Bullish Candlestick Pattern similar to the one from August 1st. That could mark the start of its next upward leg.
1️⃣2️⃣ AES Corporation (AES)
AES has been choppy, but even amid volatility, the RSI Power Zones offer guidance. The key support sits near the September 30th high. As long as price holds that level and RSI stays in the Bull Support Zone, there’s room for upside. Look for a break above Friday’s high before adding exposure.
If you’d like to dive deeper into these setups and see how I spot them live, join me this Wednesday, November 5th at 4:30 PM Eastern for my workshop UNLOCKED: My Candlestick Secrets for Consistent Profits in 2025! I’ll show exactly how I evaluate these types of “on-sale” stocks in real time.
~Hima
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