5 Trade Ideas for Monday: Alcoa, Caterpillar, Costco, Palo Alto Networks and Rocket Lab

• Posted by Greg Harmon
• on March 22nd, 2026

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Alcoa, Ticker: $AA

Alcoa, $AA, comes into the week dropping back to support. It has a RSI dropping into the bearish zone with the MACD crossed down. Look for a drop below support to participate…

Caterpillar, Ticker: $CAT

Caterpillar, $CAT, comes into the week pulling back to support. It has a RSI moving into the bearish zone with the MACD negative. Look for a drop through support to participate…

Costco, Ticker: $COST

Costco, $COST, comes into the week falling back to support. It has a RSI dropping below the midline with the MACD slightly positive. Look for a drop through support to participate…

Palo Alto Networks, Ticker: $PANW

Palo Alto Networks, $PANW, comes into the week rounding lower at the 50 day SMA. It has a RSI at the midline with the MACD slightly positive. Look for continuation to participate…

Rocket Lab, Ticker: $RKLB

Rocket Lab, $RKLB, comes into the week sitting on support. It has a RSI at the midline with the MACD negative. Look for a drop through support to participate…

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the March FOMC meeting and Quadruple Witching in the books, saw equity markets take a turn for the worse ending at 6 month lows and below their long term moving averages.

Elsewhere, look for Gold to continue its pullback in the long term uptrend while Crude Oil churns around $100 per barrel. The US Dollar Index looks to continue to press on resistance in consolidation while US Treasuries bleed to the downside at 6 month lows. The Shanghai Composite looks to continue a short term downtrend while Emerging Markets pullback in their uptrend.

The Volatility Index looks to continue in elevated territory putting pressure on equities. The charts of the SPY and the QQQ remain strong on the longer timeframe but with some weakening showing up while the IWM is starting to roll lower, a threat to its uptrend. On the shorter timeframe the SPY and the QQQ joining the IWM in a short term downtrend. Use this information as you prepare for the coming week and trad’em well.

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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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