Netflix has consistently set benchmarks and pushed boundaries. However, as the company gears up to report its earnings, a closer look reveals a nuanced landscape where subscriber growth is no longer a foregone conclusion. The once-lauded crackdown on password sharing, while initially boosting numbers, now presents a plateauing challenge. With the fervor of the...
ZBH is a big global medical device company. It is old school. Aluminum titanium polymers, plates screws wires. Hollywood stars are familiar as it makes the devices for leg lengthening surgery. ( shortening is easy, lengthening not so much) I am familiar because in the past I have served as a consultant for this company. It business is mainly orthopedic elective...
NYSE:DIS reports earnings next week and is attempting to complete the bottom formation that started last summer. The stock must now sustain above the bottom completion level at $95. Even though the market is over-speculating many index components, this stock is more likely to have sideways trends or platforms if the price holds above the new support level to...
In a recent quarterly report, multinational conglomerate 3M ( NYSE:MMM ) showcased resilience in the face of challenges, beating earnings estimates for the fourth quarter of 2023. The maker of iconic products like Post-it notes and Scotch tape reported adjusted earnings of $2.42 per share, surpassing the Zacks Consensus Estimate of $2.31 per share. This marks a...
This Dow component attempted a new all-time high and failed. However, it has ample support from the prior sideways trend after the previous all-time high. NYSE:CAT has been over-speculated as it moved out of its bottom low. The company reports end of January. Watching to see how the stock performs in the next week or so should indicate whether it will be stuck...
NYSE:HD benefited greatly from the pandemic lockdown and the numerous stimulus checks that over-stimulated all nations' economies. The stock has now moved above its trading range and has sustained, aka held onto, those gains. This patterns out the excessive revenues and earnings that were inevitably unsustainable for all of the companies that benefited from...
The Giant Banks and Credit Card companies benefit the most from the Federal Reserve Board's overnight interest rate hikes. As the FRB increases its lending rate, it allows big banks and credit companies to increase their interest rates to consumers, small businesses, etc. That usually means higher revenues. NYSE:V is in a sideways trend that is not as...
NYSE:BA has the most powerful and longest momentum run of all of the 30 Dow components. The company reports earnings on January 24th and the run up implies that the 4th quarter is likely to be better than previous quarters in 2023. This stock has moved strongly since the bottom in November and has been able to pattern out some of the speculation with...
NYSE:DIS stock has struggled this year. However, Accumulation/Distribution on this daily chart shows accumulation over the past several weeks. This is a "shift of sentiment" pattern indicating a better earnings report is likely this time. The sideways trend is compressing and has consistent lows and highs, a common pattern for accumulation. When Accumulation...
NYSE:CVX was the Dow 30 component that had the highest loss on Friday. The chart clearly shows that the earnings report was not going to be good. The pattern is a failed bottom as there has been rotation to lower inventories of the stock for most of this year. Declining Accum/Distribution indicators at the lows of the range followed by a negative divergence...
Lets be very clear about TESLA'S earnings that I am not going long as per my rules & my understandings of technical analysis.
NASDAQ:TSLA reports on Wednesday of this week, October 18th. Last quarter, it had a gap down on its earnings news based on Year over Year comparisons which triggered High Frequency Trading (HFTs) to gap the stock down. Quarter over Quarter, however, NASDAQ:TSLA has shown consistent growth this year. The problem with determining if the HFT gaps are likely to...
If you haven`t sold ZS here: or reentered here: Then analyzing the options chain and the chart patterns of ZS Zscaler prior to the earnings report this week, I would consider purchasing the 175usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $14.40. If these options prove to be profitable prior to the earnings release,...
Introduction: It's time to rejoice as we dive into the exciting world of NVIDIA Corporation (NVDA) and explore the potential positions to consider after their recent earnings report. With the stock prices rising, let's embrace the positive vibes and strategize our moves to make the most of this profitable opportunity! 1. Riding the Momentum: NVDA's earnings...
Get ready, traders! The highly anticipated earnings report from NVIDIA Corporation (NVDA) is just around the corner, and analysts are placing their bets on a target rise for this tech giant. If you want to make serious gains, now is the perfect time to consider going long on NVDA. Analysts have been closely monitoring NVDA's performance, and the consensus is...
ARIS on the daily chart is consistently rising with big earnings beats both in the past month and early May. The ZL MACD is curling up towards a cross of lines under the low amplitude histogram. The dual time frame RS indicator shows consistent lines above the 50 and the lower TF line in green above the higher TF line in black. Stock is 20% higher in 3 months...
Tesla over the weekend said its first much anticipated Cybertruck came off the electric vehicle maker’s production line in Texas. The debut of the long-delayed, futuristic-looking pickup truck comes in the lead up to Tesla’s second quarter 2023 earnings call. Tesla CEO Elon Musk first introduced the Cybertruck in 2019, but vehicle production has repeatedly been...
If you haven`t bought X here: Then analyzing the options chain and the chart patterns of X United States Steel Corporation prior to the earnings report this week, I would consider purchasing the 26usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $1.24. If these options prove to be profitable prior to the earnings...