Danielle Shay with Kelly Evans on CNBC: 3 Buys & a Bail - Election Edition

With election rhetoric ramping up, today Kelly and I are looking at four companies that may be impacted based on political policies and potential upcoming changes.
My three buys all have strong, long-term technical bullish patterns which provide entry points for me to build up positions.
MSFT: I love buying stocks at the 50 SMA on the daily chart, which is exactly where MSFT is. This is a great pullback zone because it's right at support, which means if you're wrong you're close to your stop ($435). Entries at current prices with next upside targets are $480-500.
This ticker has:
-Fantastic, bullish trend
-Consistently beats EPS estimates and trades higher post-earnings
-In the last eight quarters, MSFT has traded higher by about 3% on average in the 8 days post-earnings
-Focus on AI
-Potential Trump presidency = positive corporate tax environment and growth for tech
Disclosure: MSFT is one of my top stock holdings, and I trade it surrounding earnings in the options market. I like it here to buy more shares, and I think traders could also sell put credit spreads, buy long calls in the earnings series, or place trades to hold through earnings as MSFT normally rallies post-earnings.
AMD:
This stock had a lot of volatility this week after finally breaking out due to renewed geopolitical tension and political discourse. It's true that the semis had a rough time during Trump's trade war, but this only served to be a fantastic buying opportunity, and in fact was when I bought a lot of the semiconductor stocks I still hold and add into. So, the trade war rhetoric doesn't necessary scare me, but investors and traders should be ready for volatility.
Charts: Entry at current prices with stop below $140, upside targets at $227-250
I have been buying AMD this year because:
-Bullish technical pattern on the weekly/monthly charts including trend, squeeze ready to breakout (last time the squeeze took the chart from $95 to $227)
-Quiet lurker in the semiconductor space. Everyone has been so focused on NVDA and AVGO that AMD has been building up pressure and is getting ready to go again.
Disclosure: I own AMD and have been buying more shares this year. I think it's a good buy for long-term shares at current prices at the 200 SMA, but I think I will wait to place any options trades until the earnings report because we are getting close to it at this point. AMD has fallen 2 quarters in a row so I may get a better buy after the report.
CAT:
CAT has been a little inconsistent as it relates to reactions post-earnings, despite regularly beating EPS estimates. Half of the time we have seen this company trade lower, and half of the time higher. However, overall, it's still in an uptrend, it's breaking out before the report (bullish), they have recently increased their dividend again, and have strong technical buy patterns on the weekly chart. I have a bullish consolidation squeeze pattern plus a Fibonacci two-step buy pattern.
Charts: Entry at current prices down to $320, upside targets between $400-425. It is a little high for an entry now, and I think with the inconsistency surrounding earnings reactions, you may get a better buy post-earnings, but overall, I like this one-to-dollar cost average targeting the upside targets.
BAIL: Enphase
The chart pattern is very bearish. It is stuck below resistance between $133-150, has a weekly consolidation pattern that looks to fire short, and if President Trump is re-elected, I imagine all climate plays will tank considering one major reason they rallied in the first place was because of President Biden's policies. Downside targets are a return to $76 and then $58. It's in a decent spot to short here but around $120 would be better.

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[@Cofee15]

Love Danielle Shay! And Kelly , pls let her talk more and don’t interrupt would be much better using the limited times thank you !