Alert: If no tariff news....

We are thinking about including a gigantic asterisk as a permanent feature of these alerts. Whether any of these trade ideas work out, or not, depends alot on the daily tariff news.

We will carry on, assuming either no tariff-related events or at least news with a neutral impact.

Take Two Interactive

TTWO shot out of a well-defined base after its latest earnings report after market close on Feb. 6th. It has been holding up well considering the circumstances. The relative strength versus the S&P 500 is plotted in the upper panel.

Also, during the recent tariff meltdown TTWO found support exactly where you would expect it.

Boston Scientific

The chart of BSX has some similarities to the chart above for Take Two. Like TTWO, this one jumped out of a base in the $90 area earlier this year and had been holding up well since then. That base seems to have provided a price floor during the recent turbulence.