TTG Proprietary Stock Screen with Charts 3/1/23 $ES $VLO $PBF $REGN $EWW $MX

Out of the Box MarketWebs Screen

Here is today’s TTG Proprietary Stock Screen using Volume At Price

Before I start with the individual names & scan, I think it makes sense to look at the S&P futures here because they are beginning to resolve lower after a few days of consolidation….

$ES_F S&P futures Daily chart: 

Price is breaking below the 200d MA and next area of support I see is the lower VPOC at 3869.75, that lines up closely with the 1hr VPOC (see 2nd chart) at 3860.50. Price is below the 1hr Value Area (2nd chart) and for that reason I have added a hedge today via SDS (2x short SPX) . If price regains 3966, I will remove that hedge.

Charts from Scan and other Charts of Interest

1. VLO Weekly & Daily chart

Valero Energy Corporation is an independent petroleum refining and marketing company that owns and operates refineries in the United States, Canada, and Aruba. The Company produces conventional gasolines, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products, as well as offers diesel fuel, low-sulfur and ultra-low-sulfur diesel fuel, and oxygenates.(Bloomberg)

-saw call buying today (Apr & Jun 150 strike)

-suggested stop price $136 from the TTG MarketWebs, but note price needs to get through some overhead resistance (VPOC, red line on 2nd chart)

2. PBF Weekly & Daily chart

PBF Energy Inc. operates as an independent petroleum refiner and supplier. The Company offers unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. PBF offers finished products through long-term offtake and supply agreements. (Bloomberg)

-suggested stop price $45 from the TTG MarketWebs

-also saw call buying today

3. REGN Weekly & Daily chart

Regeneron Pharmaceuticals, Inc. is a biopharmaceutical company. The Company discovers, develops, and commercializes pharmaceutical products for the treatment of serious medical conditions. Regeneron Pharmaceuticals serves the healthcare sector in the United States. (Bloomberg)

-suggested stop price $766.19from the TTG MarketWebs

4. EWW Weekly & Daily chart

iShares MSCI Mexico ETF is an exchange-traded fund incorporated in the USA. The ETF's objective seeks to provide investment results that correspond to the performance of the MSCI Mexico IMI 25/50 Index. (Bloomberg)

-AMX is on the scan (Mexican Co) but I actually like the EWW ETF better and saw call buying today: 5k of the Apr 62 calls

-suggested stop price $58.49 from the TTG MarketWebs

Remember, this is just one type of screen / setup that I focus on in my analysis!

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