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The company that sells your personal information is about to announce their earnings by end of this month. The above should clear up any confusion there may be. ER is scheduled to be on Oct 30th AMC (to be confirmed), which would leave the 31st open for trade. Therefor I have adapted the above analysis for an additional trading day within the current 'monthly'...
BBBY reported mixed earnings results, which has the after hours price hovering right around its closing price for the day. Adjusted earnings beat slightly, while revenue and sales missed slightly.
Guidance was also a bit mixed, since the revenue forecast is slightly lower than expected ($11.4 billion actual vs. $11.77 billion estimate), but the earnings forecast...
EROS is a Bollywood production company making big moves to try to dominate India's booming streaming market. Eros recently went on a 200% run after signing several major streaming contracts, including a deal with Microsoft to stream Eros content on the Azure platform. The stock price then cut in half as it first pulled back from overbought territory, then broke...
Stitch Fix is down over 8% after hours. It beat analyst earnings estimates by 75%, although it slightly missed analyst estimates of revenue and customer growth (an almost negligible difference). The midpoint of its earnings guidance for 2020 was slightly above analyst estimates (again, an almost negligible difference).
The reason Stitch Fix is down is that on the...
Yesterday Adobe broke upward through a downward-sloping trend line. Today it pulled back, but weak volume on the pullback suggests the stock will follow through. As a software company, Adobe is relatively insulated from the earnings recession afflicting other parts of the tech sector. Adobe beat analyst estimates on its recent earnings report, which is what's...
I am deep into my option contract. 100 contracts for $105 by 11/15, counting on Q4 earnings to blow SBUX out of the water. I believe the remainder of this week will be good for SBUX since volatility has slowed down. Next week technicals are showing strong buys. Looking good all around, this will be a fun ride.
LXP blew away analyst expectations on its last earnings report, beating by 200%. It got a nice pop after earnings, then collapsed when it announced a $10 million share offering. It started to recover after it announced what it was doing with the money raised from investors: purchasing new properties to accelerate its growth. If LXP is as good a steward of the new...
I posted the other day about how the healthcare sector would be a good defensive play in October but for the political risk faced by health insurers and pharmaceutical companies. Well, here's a company with great financials and none (or at least less) of that political risk. SMED is a medical waste disposal company, and its services would still be in demand even...
Proctor and Gamble seriously overvalued here before earnings (22 October)
I expect a small correction before earnings.
My Play;:
2 Contracts 4th Oct $123.00 Put @1.20
Support 188 - if this breaks down then it will be a new trend, but this is a strong support as of now w.r.t long term trend.
potential move-ups 196/202, there is a high probability of this bouncing of this support with 6% volatility.
best bet check is to check for 15min ORB either ways a short term call for now testing theory.....
A recent survey of analysts by FactSet revealed that we're in an "earnings recession" right now and that it's expected to get worse in the next quarter. Certain sectors have been particularly hard hit, namely mining and semiconductors. The sectors that are expected to report the best earnings this quarter are healthcare, utilities, real estate, and gold. These are...
Software stocks are fairly cheap right now, both when you look at them in isolation and when you chart them relative to the S&P 500. On that chart, they're close to their lowest level since March:
This is a nice opportunity to enter, especially since software stocks consistently beat the S&P 500 in the long term:
Software stocks are especially attractive...
A recent survey of analysts by FactSet revealed that we're in an "earnings recession" right now and that it's expected to get worse in the next quarter. Certain sectors have been particularly hard hit, namely mining and semiconductors. Earlier this year chip companies predicted earnings recovery in the back half of the year, but that's now looking like it won't...
UnitedHealth Group has had an incredibly strong showing this year, and right now it's priced pretty attractively at oversold level on the hourly chart. On its daily chart it's at RSI 38, nearing oversold (RSI 30) but not quite there yet. It also hasn't yet tested its August low of 220.78 or its one-year lows of 208.07 and 216.84. I suspect we'll get a bounce...
$NKE Reverse Iron Condor
Sell: 9/27 93c for .38
Buy: 9/27 92.5c for .48
Buy: 9/27 85.5p for .1.25
Sell: 9/27 85p for .1.08
Net Debit: $0.27 (Max Loss)
Max Profit: $0.23 (<85.23 or >92.77)
ZScaler plummeted last week after the company issued 2020 earnings guidance well below Wall Street's expectations. The company's fourth-quarter earnings handily beat Street expectations and its revenue guidance is in line with expectations, but it forecast earnings of only 12-15 cents per share versus Street expectations of 19 cents per share. In part that's...
