As volatility continues to grip the stock market to close a short trading week, Dan Deming turns to three stocks he sees weathering the volatile storm. He believes Casey&#x27;s (CASY) will continue to show earnings strength as a &quot;core holding,&quot; GE Vernova (GEV) will gain momentum off the AI trade, and Palantir (PLTR) to make a move back toward record highs. Dan offers example options trades for the Big 3 while Rick Ducat highlights key support and resistance levels in the charts. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

The Big 3: PLTR, GEV, CASY

Schwab Network

# Full Transcript

**Podcast:** Schwab Network

## Participants

- **Marlee Kaden** (Schwab Network)
- **Dan Deming** (KKM Financial)
- **Rick Ducat** (Schwab Network)

## Transcript

Welcome back to Trading 360. I'm Marlee Kaden. It's time for the Big 3. We've got three stocks, three charts, three trades for you. Rick Ducat, of course, taking us through our charts. And here to take us through our trades is Dan Deming, the managing partner at KKM Financial. Great to have you both with us on this shortened trading week. Dan, let's just dive right into your first trade here. You've got Casey's General Store as your first pick for Big 3. Why Casey's?

Dan Deming, Well, this has just been a stock that continues to be an all-weather holding when you look at the price action over the last several years. And I think it's going to continue to be that type of holding moving forward. And that's primarily just I just want to focus, bring some attention to Casey's in this trade example today. And given the fact that it continues to push to basically new all-time highs, even as the market goes through this volatile setting. So that's really the focus.

This year, again, they got the best gas station pizza in the world. And also they got some really nice price action. I was going to ask about the pizza. Whenever you say Casey's, there's always somebody who's had the pizza and starts talking about it. But Rick, as we look at the technical setup for Casey's, Dan highlighted there, that they are making new all-time highs. I mean, they're just touching fresh record highs constantly. So as you're looking at the setup here, I can see the upward channel. But what's sticking out to you here in terms of the levels?

I can't comment on the pizza. Chicagoland doesn't really have a lot of this particular chain here. But the chart is very strong here. And it's interesting because oftentimes you see charts that have distinct phases here. One phase here was this kind of sideways grind for a couple of quarters here. But then after our December earnings event that we saw, things have really started to transition into this upward channel type shape here.

We today hit the highs here, 746.57. A couple of potential stopping points to keep an eye on along the way if we do start to get some kind of pullback. One here, old high, subsequent lows near 650. Another one here, a series of highs around 690. And then also a much smaller period of highs that were reached around that 715 level here. Just to quickly point out as well, too, we had a nice kind of bull flag, bull pennant type of activity here.

Sharp push to the upside, brief sideways to consolidation, and then a push above the initial highs. A pattern traders often look for here. Certainly not a guarantee it's going to go up, but just a very common setup that many traders look for. When we do look at our moving averages that we follow here, we are pretty comfortably above all of our moving averages. They're continuing to diverg...

The Big 3: PLTR, GEV, CASY

Transcript

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Every day you wait, your competitors are finding
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The Big 3: PLTR, GEV, CASY

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.