While we await earnings from Nvidia (on 22 May) that will be influential on future market direction, we move into the tail-end of US quarterly earnings, but also past a dovish Fed meeting, a strong US ECI report and weaker-than-expected US nonfarm payrolls and 2 hefty bouts of MoF/BoJ intervention. Yet, despite these landmines, a gentle calm descends over...
Elon Musk, the CEO of Tesla, has reportedly added Dogecoin ( CRYPTOCAP:DOGE ) as a payment method for some Tesla products, leading to a 20% increase in the CRYPTOCAP:DOGE price. The move follows a month-long hindrance by Musk about accepting Dogecoin as an official form of payment for Tesla vehicles. Traders immediately responded to the news, with the DOGE price...
My dear subscribers, This is my opinion on the TESLA next move: The instrument tests an important psychological level 181.20 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 167.46 My Stop Loss - 190.37 About Used Indicators: On the...
NASDAQ:RIVN 15 DOLLARS AFTER EARNINGS ? Rivian Automotive has confirmed that its next quarterly earnings report will be published on Tuesday, May 7th, 20241. The earnings conference call is scheduled for 5:00 PM Eastern on the same day1. Stock Price Movement: As of now, Rivian’s stock price stands at $9.21 per share1. The stock has been volatile, and investors...
NASDAQ:TSLA Bull Flag with our algo buy alert, also closed above the 20- and the 50-day moving averages. Now we are looking for bullish consolidation and a break higher.
Toyota’s Earnings Report Highlights Third-Quarter Fiscal 2024 Performance: On February 6th, 2024, Toyota Motor Corporation reported its third-quarter fiscal 2024 earnings. The company posted earnings per share (EPS) of $6.81, significantly surpassing the Zacks Consensus Estimate of $3.66. Toyota’s consolidated revenues for the quarter were $81.5 billion, beating...
Q1 2024 Performance: On February 7th, 2024, Roblox Corporation reported its first-quarter 2024 financial results. The company’s earnings per share (EPS) for the quarter were -$0.52, surpassing the consensus estimate of -$0.57 by $0.05. Roblox’s revenue during the quarter was $1.13 billion, exceeding analysts’ expectations of $1.05 billion. The company’s revenue...
Reasons Why !! In Q4 2023, Robinhood’s net revenues increased by 24% year-over-year to $471 million. This growth was driven by higher net interest, transaction-based, and other revenues1. The company reported net income of $30 million, a significant improvement from the net loss of $166 million in Q4 20221. Adjusted EBITDA rose to $133 million, a 62% increase...
A few months ago I started this research, research of Equity Index Dividend futures, provided by CME Group. Well, sounds good. Let's continue.. Were you ready or not, but in February, 2024 Meta platforms (META) announced its first-ever in history cash dividend of $0.50 per share to be paid out on quarterly basis. “We intend to pay a cash dividend on a quarterly...
There are many ways to make money with stocks. You can buy well-managed companies with growing earnings, hold them for years and watch the stock prices rise as the company succeeds. This conservative investing style sometimes rewards investors with huge long-term gains. For example, early investors in Microsoft or Bitcoin saw their investments grow MultiX in a...
This up move is different, It started with GREEN UMVD and now Green TrapZone is also showing up. Current bars are Gray so we must wait for GREEN Bars to enter when up momentum resumes. If we break both angles going UP , down trend may resume so keep you Technical Tools handy :)
Upon reviewing gold in the weekly timeframe, we observe that the price is trading around $2298. If the NFP data is announced to be higher than the forecasted rate, it will strengthen the dollar index and consequently cause a significant drop in gold prices! Should this occur and gold stabilizes below $2300, we can expect a fall in gold prices to lower levels such...
By checking the GTAI/USDT chart, we can see that the price entered the range of our desired demand zone ($1.60 to $1.77) and after that the price increased to $2.36 with a 37% growth! Now, the price is trading in the range of $1.83, by stabilizing the price above the specified demand range, we can expect the growth of this cryptocurrency again! The expected yield...
Hello Traders and Investors, today I will take a look at Tesla. -------- Explanation of my video analysis: Back in 2020 we had a decent break and retest on Tesla stock which was followed by a pump of +1.500% towards the upside. Then Tesla topped out in 2021 and we saw sideways movement ever since. At the moment Tesla stock is trading in a bullish flag...
Reasons Why Apple’s Fiscal 2024 First Quarter Results: Apple reported its financial results for the first quarter of fiscal year 2024, which ended on December 30, 2023. Here are the key highlights: Revenue: The company posted quarterly revenue of $119.6 billion, representing a 2 percent year-over-year increase. Earnings Per Share (EPS): Quarterly earnings per...
Tesla is the 7th worst performer YTD in the Nasdaq-100. It is the 11th worst performer in the S&P 500. The stock stands 28% lower. Still, after reaching its lowest level on 22/April, the stock has rallied a remarkable 30%. On 24/April, the stock rallied 12% after the positive earnings call. On 29/April, the stock jumped another 15% after the announcement of the...
NASDAQ:TSLA looks to be close to making a short term bottom. Thinking we could see price find support in the $131-137 range and then with earnings see a push to $200 or so. NASDAQ:TSLA has been the leader to the downside and it looks to be nearing exhaustion. Would make sense for the leader to the downside to end up being the leader to the upside should the...
The Falling Wedge is a bullish formation that starts with a wide top and narrows as prices decline. This movement creates a cone shape that slopes downwards as the reaction highs and lows come together. Unlike symmetrical triangles, which lack a clear slope and bias, falling wedges unmistakably slope downwards and exhibit a bullish bias. -The buy signal has been...