Frank longman

Waiting for “seemingly minor events,” such as a 2 percent share price decline, is extremely important, Brean Capital’s Frank Longman said in a report. He commented that “the magic happens when we find the correct intersection of solid bottom up fundamental work and...

Brean Capital’s Frank Longman expects January 2017 to see sector-level mean reversions, with recent laggards (healthcare, discretionary) holding their own against leaders (financials and industrials). Meanwhile, Longman sets 2.65 as a key level for U.S. 10-year rate and put forth various...

The SPDR Gold Trust (ETF) (NYSE: GLD) is down 8.1 percent since Election Day, but some traders are taking the opportunity to buy the dip. Break Capital analyst Frank Longman sees reason to be bullish on gold from a technical analysis perspective. “We like a little zig to the market’...

Brean Capital’s Frank Longman mentioned that Alibaba Group Holding Ltd (NYSE: BABA) “recently broke out of a low base to suggest a bear to bull reversal and it looks like a name to consider strongly on the long side.” Longman maintains a Buy rating on the company, with a price...

Frank Longman of Brean Capital cautioned investors over the weekend who are positive on healthcare stocks. The analyst suggested investors reduce their healthcare weighting to underweight based on technical indicators. Longman cited deteriorating relative strength, price momentum and momentum of...

Shares of both Paypal Holdings Inc (NASDAQ: PYPL) and eBay Inc (NASDAQ: EBAY) have gained 9 percent in the last three months. Brean Capital’s Frank Longman said that the charts of both PayPal and eBay appear “built to work” in 2016. Since the split of eBay and PayPal,...

Many U.S. regional bank stocks are trading at or near multi-year highs. Investors are anticipating a positive earnings impact from Fed tightening. Brean Capital sees several regional banks with strong short-term charts. With the potential for a December Federal Reserve rate hike looming large, a...

Frank Longman, a technical analyst at Brean Capital, argued the market is only at the "midpoint" of the correction. Longman suggested we are in the midst of a "significant" correction of the bull market. Longman added the S&P 500 index could dip to the 1700s level...

Facebook Inc (NASDAQ: FB) shares have gained 19 percent year-to-date, while remaining largely range-bound between $82 and $98 since July 21. Brean Capital’s Frank Longman believes that a continuation triangle would be the most likely outcome of the trading pattern of Facebook’s...

In a report published Wednesday, Brean Capital analyst Frank Longman discussed the cybersecurity sector, noting that four names in the space are showing “pristine” intermediate-term trends. According to Longman, the four best names in the group from a technical perspective include...