Apollo Global Management Hammer and Momentum Squeeze Setup

The chart of Apollo Global Management looks like a beautiful long entry off the flush around the 50 SMA line. Institutional ownership has increase by 16.18% over the last 3 months.

Apollo Global Management Stock Chart

There is a resistance zone just above the current price starting at $27.56. Right above this resistance zone on a candle over candle reversal may be a good entry point.

The Earnings Per Share in Apollo Global Management has grown by an impressive 145.28% over the past year.

The company has a great Price/Earnings Ratio of 9.05. Compared to an average industry Price/Earning Ratio of 16.38, APO is cheaper than 87% of the companies listed in the same industry.

Apollo Global Management Momentum Squeeze

APO has done a momentum squeeze and looks set to do a swing move up from its current price.


Insider Buying In Spark Energy

Spark Energy has had heavy insider buying over the last few weeks. The Director Maxwell W Keith III bought $273,564 worth of stock on November 23, 2016. Two days earlier, on November 21, 2016, Vice President and General Counsel Melman Gil bought $14,922 worth of stock.

Spark Energy operates as an independent retail energy services company in the US. It operates through two segments, Retail Natural Gas, and Retail Electricity. The company is involved in the retail distribution of natural gas and electricity to residential, commercial, and industrial customers. As of December 31, 2015, it operated in 66 utility service territories across 16 states and had approximately 328,000 residential customers and 19,000 commercial customers. Description from Finviz.

Spark Energy Stock Chart

Comments: Lots of resistance above the current price. There is 200-day moving average resistance at $26.86 and then 150-day moving average resistance at $28.25. The Twiggs Money Flow is below the 0% line which suggests weakness in the stock.

The stock trades at an excellent forward P/E ratio of 9.7 and has fantastic quarterly revenue growth of 73.2% YoY.

Disclosure: I do not have any position in SPKE.

Heavy Insider Buying on Franklin Financial Network

Franklin Financial Network provides various banking and related financial services to small businesses, corporate entities, local governments, and individuals.

Franklin Financial Stock Chart

Chart Comments: Testing previous resistance at around $38. Inverted hammer with long upper shadow is bearish and may indicate a pullback is coming. Wait for close above $38 before long entry. Twiggs Money Flow is pulling back a little but still above 0% line. Watch where next low on Twiggs Money Flow forms, bullish if following low forms above 0% line. Big insider buying on November 21, 2016, this is the first insider buying since May of 2015. Excellent revenue and earnings growth. Attractive valuation of P/E 16.7 and forward P/E 13.4. Piper Jaffray just began coverage on November 22, 2016, with an Outperform rating.

Disclosure: I do not hold any position in this stock.

Hope Bancorp Long Lower Shadow Hammer Flush

Hope Bancorp’s stock chart looks like a sweet entry off a long lower shadow hammer flush off the 200 day moving average.

The stock trades at a hot P/E ratio of 13.6 and a forward P/E ratio of 11.3.

The annual EPS growth for the last five years is an incredible +42.2%. Annual revenue growth for the last five years is +15.8%.

Disclosure: I do not hold any position in HOPE.

The Hain Celestial Group Coming Off Bottom

The Hain Celestial Group has a nice looking technical chart pattern of a rising Twiggs Money Flow while the stock has been basing.

For the last 5 years, both earnings and revenue have been rising. The stock trades at a P/E ratio of 18.25

Disclosure: I do not hold any position in HAIN.

The AES Corporation Lands Big California Energy Contracts

AES Corporation has landed two big energy storage projects from SDG&E.

Utility Dive writes

If there is a silver lining to California’s massive Aliso Canyon methane leak, it could be for energy storage projects.

The leak has led to plans for the fast track authorization of two energy storage projects totaling 37.5 MW (150 MWh) that are being built by AES Corp. for San Diego Gas & Electric (SDG&E).

The projects would be put up in about six months, about a third of the time it would take to build a gas-fired power plant.

“In our world, this is nothing short of incredible,” Alex Morris, director of policy and regulatory affairs at the California Energy Storage Alliance, said.

AES Corporation Stock Chart

AES Corporation is in an uptrend that began in January 2016. The forward P/E ratio is a sizzling hot 10.67.