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Stocks - XLF Elliot Wave ForecastIdea for XLF: - For summer-EOY, will likely need to look at Finance sector as one of the leaders in indices. Technicals: - Price losing momentum (falling into lower channels), bounces appear corrective in nature. - Distribution pattern formed. - Ending diagonal broke down. - Price very likely to sell-off to bottom of the megaphone pattern, 9M SMA, 20W SMA, 200D SMA. - Usually the distributive sell-offs in indices form the W shaped harmonic structures, so a secondary sell-off is very likely. - Then a corrective rally into mid July, before selling off in earnest into Q4. Fundamentals: - June 30, G-SIB banks begin stock buybacks, should save XLF. - However, this is extremely bearish after an initial relief rally, see: It remains to be seen if the buyback rally will fuel another bullish cycle, leading into earnings season, or will indeed be corrective in nature, so watching out for the nature of the bounce, should it come. GLHF - DPT
AMEX:XLF
by UnknownUnicorn1043646
3
Fundamental Ideas - Part1Hello traders, Although I am technical trader, I have been taking some interest in fundamentals, trying to learn few things here and there. Tradingview also has lots of fundamental information which are available in regular stocks page, in screeners, and also accessible via pine script. Though I have published few ideas and scripts related to fundamentals, I am still a learner and explorer in this area. I thought of making video to explain things I have learnt and done. This one is first part of few episodes Things covered in this video: Availability of financial data in tradingview Few areas where you can see and make use of financial data and availability of financial data through pine methods. Few scripts developed on the basis of financial data Quality screen Relative Growth Screen Explanation on fundamental based trading idea - based on Magic Formula Overview of basic magic formula method coined by Joel Greenblatt Advanced Magic Formula method with refined considerations Present outcome and shortlisted stocks and performance summary so far. Please note all the scripts and ideas mentioned in this video are public and open source and can be accessed by anyone. All of them are linked in the related ideas. In the next part of the videos - will try to discuss few other ideas which are also already available in the part of scripts and ideas shared - This may include Percentile/Drawdown study on price and fundamentals Using tradingview screener to pick quality stocks.
NYSE:AMC
by Trendoscope
5
Meituan Achieves a 77% YoY Revenue Growth in Q2 2021The platform earned CNY 43.80 billion in Q2 2021 while reducing its monthly operating loss to CNY 3.25 billion. According to survey data, 60% of full-time riders have a monthly income of more than CNY 5,000. - On August 30, 2021, Meituan, the Chinese life service e-commerce platform, released its Q2 financial report. The report shows that the company earned a quarterly revenue of CNY 43.80 billion, with a year-on-year increase of 77%, and the monthly operating loss was reduced to CNY 3.25 billion. - In terms of businesses, the platform's revenue of takeout food was CNY 23.10 billion, accounting for 52.74% of the total; earnings from hoteling were CNY 8.60 billion, covering 19.63% of the total. As indicated by the firm, its retail business continued to build its core infrastructures and has begun to establish nationwide cold-chain logistics, while promoting the growth of high-quality agricultural products across the country. - Wang Xing, CEO of Meituan, said that their businesses continued to maintain steady growth in Q2 2021, thanks to the continuous and stable recovery of China's economy and the company's deep integration of digitization with the real economy and service economy. He also mentioned the company's firm determination to implement relevant national policies, play a proactive role in social responsibilities, and utilize the power of technology to propel China's economic development. - As for expenditure, Meituan's R&D investment in Q2 2021 reached CNY 3.90 billion, with a year-on-year increase of over 60%. At the same time, the cost of the riders reached CNY 15.50 billion, a year-on-year increase of 53%. - In terms of data, the number of users trading on the platform annually was 630 million and its active businesses up to 7.7 million until Q2 2021, both reaching a record high; the average per capita number of transactions was 32.8 annually, a year-on-year increase of 27.8%. - In June 2021, the firm launched the 'takeout housekeeper service' to help digitalize the operation of high-quality but small- and medium-sized businesses. As the first phase of special subsidies, CNY 150 million was invested by the platform to provide 30,000 small and medium-sized businesses with three-month online operation services free of charge. Until now, 6000 businesses from 25 pilot cities have participated, driving up the average transaction volume of takeout restaurants by over 50%. - In terms of riders, the report shows that, before H1 2021, the number of daily active riders of Meituan has exceeded one million. According to survey data, 60% of full-time riders have a monthly income of more than CNY 5,000. - In July 2021, the company founded a service department to ensure riders' safety and improve their work experience. Besides, the firm has been responding to the national call and actively participated in the pilot programs to prevent and resolve the risk of occupational injury. In addition, Meituan also launched the 'Webmaster Training Program' and has been cooperating with vocational and community schools. - The platform stated that in the future, it will provide a more comprehensive protection system for riders' rights and interests according to relevant policies and promote the high-quality and healthy development of the industry. - Founded in Beijing in 2011, Meituan is China's leading e-commerce platform for life services. Its products include public reviews net, Meituan takeout and others. Its services cover more than 200 categories, such as catering, takeout, fresh retail, ride-hailing, bike-sharing, hotel tourism, film, and leisure & entertainment, and its operation covers 2800 counties, regions, and cities across China. - On June 22, 2018, the platform was listed on the Hong Kong Stock Exchange. As of the close on August 30, 2021, its share price was HKD 228.40 (CNY 189.73), with a market value of about HKD 1.40 trillion (CNY 1.16 trillion).
OTC:MPNGF
by EqualOcean
Midea Group Releases H1 2021 Financial ReportThe income from home appliances and electrical appliances accounts for more than 80%; the proportion of new businesses such as robots has increased. According to the interim performance report for 2021: - The operating revenue increased by 24.98%, reaching CNY 173.8 billion. - The net profit attributable to the parent company increased 7.76%, reaching CNY 15 billion. - The revenue of HVAC was CNY 76.4 billion (up 19.33%), accounting for 43.96% of the revenue. - The revenue of consumer electrical appliances was CNY 64.96 billion (up 22.4%), accounting for 37.38% of the revenue. - The revenue of robots, automation systems, and other manufacturing industries was CNY 12.69 billion (up 33.28%), accounting for the rest 7.3% of the revenue. - The gross profit margins of HVAC and consumer appliances were 20.85% (down 3.35%) and 29.6% (down 2%) respectively; while the that of robots, automation systems, and other manufacturing industries was 22.94%, achieving an increase of 3.94%. - The domestic revenue, which takes 57.45% of the total revenue, was CNY 99.85 billion, showing a year-on-year increase of 29.28%. - The revenue for the foreign market was CNY 73.96 billion, representing an increase of 19.6%, accounting for 42.55% of revenue.
SZSE:000333
by EqualOcean
Kingsoft Cloud Announces Q2 2021 Financial ResultsIn Q2 2021, the company generated CNY 2.2 billion in revenue, with a year-on-year increase of 41.6%. According to Kingsoft Cloud's Q2 2021 financial announcement: - Revenue rose by 41.6%, reaching CNY 2.2 billion. - Gross profit hit CNY 119 million, representing a 46.8% growth. - The gross profit margin was 5.5%, compared with 5.3% in the same period of 2020. - Among the company's major businesses, its public cloud services recorded CNY 1.6 billion in revenue, reporting an increase of 20.5%; the revenue for its enterprise cloud was CNY 622 million, which extended 152.8%; and other businesses generated CNY 800,000. - During the reporting period, Kingsoft Cloud's cost was CNY 2.1 billion, showing a growth of 41.3%; IDC cost hit CNY 1.3 billion, representing an increase of 28.3%; and the depreciation and amortization cost recorded CNY 183 million, which was a decline by 15.8%. - Moreover, the firm's sales and marketing expenses reached CNY 96.1 million, with a decrease of 12.5%; its administrative expenditure was CNY 111 million, showing a decline of 35.1%; and its R&D expense recorded CNY 232.3 million. - Healthcare field: the company adopted a customized project strategy in the Hubei Healthcare Data Center and Public Health Emergency Management Platform – a sub-project for constructing a healthcare data center and application support. - Financial field: Kingsoft Cloud assisted in constructing Shandong Provincial Supply Chain Financial Platform 'Taifuxin.' At present, the firm has served nearly half of the large state-owned banks, accounting for 60% of the top 10 banks in China. - Public services: the company successfully won the selection project to prepare the top-level design for the housing and urban-rural construction information center, helping it improve its information technology and business operating system.
NASDAQ:KC
by EqualOcean
Xiaomi Records a 64% Increase in Revenue in H1 2021Xiaomi mainly benefited from its continuous expansion of the user scale in key overseas markets and the establishment of extensive and in-depth cooperation with the world's leading Internet companies. Xiaomi published its Q2 2021 financial results on August 25 2021. It is worth mentioning that the total revenue and adjusted net profit of the firm reached a record high in a single quarter. - Total revenue in the quarter was CNY 87.8 billion, a year-on-year increase of 64.0%. - Operating profit was CNY 8.3 billion, up 83.9% year-on-year. - The adjusted net profit was CNY 6.3 billion, a year-on-year increase of 87.4%. - Revenue from smartphone business reached CNY 59.1 billion, a year-on-year increase of 86.8%. - Internet service revenue reached CNY 7 billion, a year-on-year increase of 19.1%. - Revenue generated by advertisement reached CNY 4.5 billion, up 46.2% year-on-year. - Revenue from the firm's game segment was CNY 900 million, a year-on-year decrease of 10.7%. - The revenue from other value-added services was CNY 1.6 billion, a year-on-year decrease of 10.3%. - Overseas Internet service revenue was recorded CNY 1.1 billion, a year-on-year increase of 96.8%, accounting for 15.6% of the overall Internet service revenue. - From a subregional perspective, in the second quarter of 2021, the overseas market revenue of Xiaomi group reached CNY 43.6 billion, an increase of 81.6% year-on-year. Xiaomi group ranked second in global smartphone shipments for the first time, with a market share of 16.7%. - Xiaomi group ranked first in the smartphone market share in Europe for the first time, reaching 28.5%. The market share of smartphones in India ranked first for 15 consecutive quarters. Smartphone shipments in Latin America increased by 324.4% year-on-year, ranking among the top three. The market share of smartphones in the Middle East and Africa was 20.9% and 8.5% respectively. - The R&D expenditure of the Xiaomi group reached CNY 3.1 billion, a year-on-year increase of 56.5%. - The sales and promotion expenditure was CNY 5.7 billion, a year-on-year increase of 36.4%. Adding the previous quarter, in the first half of 2021, Xiaomi's revenue was CNY 164.67 billion, up 59.5% year-on-year. The gross profit was CNY 29.3 billion, a year-on-year increase of 92.1%. The adjusted net profit was CNY 12.39 billion, a year-on-year increase of 118.4%. As of June 30, 2021, the number of outlets in the China mainland has reached more than 7600.
OTC:XIACF
by EqualOcean
Country Garden Announces H1 2021 Financial ResultsDuring the six months through June, the company generated CNY 234.9 billion in revenue, with a year-on-year increase of 27%. According to Country Garden's H1 2021 financial announcement: - Revenue rose by 27%, reaching CNY 234.9 billion. - Gross profit hit CNY 46.3 billion (up 3.1%), and the gross profit margin was 19.7%. - Net profit was about CNY 22.4 billion, with a year-on-year growth of 2.3%. - Among the company's major businesses, its sale of properties recorded CNY 227.9 billion in revenue, reporting an increase of 26.6% and accounting for 97% of total revenue. The revenue from providing construction services was CNY 4.1 billion, made of 3% of total revenue; rental income hit CNY 374 million and other income was CNY 2.5 billion. - During the reporting period, the sales amount of the company's equity contract was about CNY 303.1 billion, showing an increase of 14%; the area of contracted sales of equity properties hit approximately 34.5 million square meters, representing a growth of 8%. - As of June 30, the firm covered 31 provinces, 296 prefecture-level administrative regions and 1,408 districts and counties in China, with a total of 3,127 projects.
HKEX:2007
by EqualOcean
Kingsoft Office Announces H1 2021 Financial ResultsDuring the six months through June, the company generated CNY 1.6 billion in revenue, with a year-on-year growth of 70.9%. According to Kingsoft Office's H1 2021 financial announcement: - Revenue rose by 70.9%, reaching CNY 1.6 billion. - Net profit hit CNY 549 million, representing a 53.5% increase. - Among the company's major businesses, its software licensing business recorded CNY 640 million in revenue, reporting an increase of 199.8%; the revenue for its office service subscription business was CNY 735 million, which extended 37.9%; its internet advertising promotion and other business generated CNY 190 million, with a growth of 12.2%. - During the reporting period, the cumulative number of paid individual members was 21.9 million, showing an increase of 30.2%. - As of June 30, the monthly active users reached 501 million, representing a growth of 10.4%. - In H1 2021, the firm expanded its personal cloud space from 1GB to 5GB, uploading a total of 108.5 billion files to the cloud through the public cloud, with a growth rate of 57%. - Moreover, the total number of R&D staff exceeded 2,188, accounting for over 60% of the company's total headcount, and its R&D investment was CNY 439 million.
SSE:688111
by EqualOcean
Haidilao Releases H1 2021 Financial ResultsIn the first half of 2021, Haidilao's revenue increased by 105.9% year-on-year, and its net profit turned from loss to profit. According to the interim performance report of 2021: - The operating revenue was CNY 20.094 billion (up 105.9% year-on-year). - The net profit was CNY 96.5 million, compared with a net loss of 965 million yuan in the same period last year. - Customers' per capita consumption decreased from CNY 112.8 in the first half of 2020 to CNY 107.3 in the same period in 2021, close to the level in 2019 before the epidemic. - The operating revenue of Haidilao restaurant in H1 2021 reached CNY 19.419 billion, achieving an increase of 112.2%. It accounted for 96.6% of the total revenue from 93.7% in the same period last year. The proportion of takeout business decreased to 1.7% from 4.2% accordingly. - As of June 30, 2021, Haidilao had 1597 global stores. - The average turnover rate of Haidilao in the first half of 2021 was only 3.0 times per day. - The number of members was 85 million, accounting for over 80% of the total turnover. - Up to now, Haidilao has built and renovated more than 100 new technology restaurants. The intelligent boiler dispenser has been applied in more than 70 stores, the vegetable delivery robot has been deployed in more than 1000 stores, and the intelligent exhaust equipment has been deployed in more than 600 stores. In order to strengthen internal management and operation, Haidilao adjusted its organizational structure in the first half of 2021. Besides, it also enriches customers' dining experience through diversified products, and hands over the power to launch more new products to regions themselves. Meanwhile, Haidilao also announced the changes in the members of the board of directors, adding seven executive directors Yang Lijuan and two independent non-executive directors, so as to further realize the rejuvenation of the enterprise management team.
HKEX:6862
by EqualOcean
iFLYTEK Announces H1 2021 Financial ResultsDuring the six months through June, the company generated CNY 6.3 billion in revenue, with a year-on-year increase of 45.3%. According to iFLYTEK's H1 2021 financial announcement: - Revenue rose by 45.3%, reaching CNY 6.3 billion. - Net profit hit CNY 419 million, representing a growth of 62.1%. - In H1 2021, the revenue of software and information technology service business was CNY 6.2 billion (up 45.8%), accounting for 98.0% of total revenue; its education and teaching business generated CNY 106 million (up 32.3%), taking up 1.7%; income from other businesses reached CNY 19.4 million (down 8.4%), making up 0.3%. - Among the firm's major businesses, consumer business accounted for the highest proportion of revenue (29.8%), following by education (29.1%). - For its education business, the revenue of education products and services recorded CNY 1.7 billion, showing a growth of 31.5%. - For its smart medical business, the revenue of medical business hit CNY 99.9 million, representing an increase of 34.1%. - For its smart cities business, the revenue of information engineering reached CNY 974 million, with a year-on-year growth of 3.9%; smart political and law industry applications generated CNY 288 million, indicating an increase of 30.5%; revenue from digital government-industry application recorded CNY 267 million, showing a rise of 74.7%. - At the same time, iFLYTEK's operating costs reached CNY 3.6 billion, showing an increase of 53.3%; its sales expenditure hit CNY 996 million, with a rise of 22.1%; the company's administrative expenses were CNY 415 million, indicating a growth of 28.3%; its R&D expenditure was CNY 1.2 billion, representing an increase of 27.4%.
SZSE:002230
by EqualOcean
SF Holding Announces H1 2021 Financial ResultsDuring the six months up to and ending in June, the company generated CNY 88.34 billion in operating revenue, up by 24.2%. According to SF Holding's financial announcement for the first half of 2021: - Operating revenue rose by 24.2%, reaching CNY 88.34 billion. - The net profit attributable to the shareholders of the listed company was CNY 760 million (drop 79.8% year-on-year), of which the net profit attributable to the parent company in Q1 and Q2 was CNY -989 million and CNY 1.75 billion, respectively. - The express logistics business volume was 5.13 billion tickets, achieving a year-on-year increase of 40.4%. The average increase was 59.5% over the past two years, higher than the industry's average growth rate of 33.4% in the same period. - The reported revenue of SF Express was CNY 61.1 billion. The total revenue of the new business segment increased by 43.77% year-on-year, contributing more than 48% of the revenue increment, and the proportion of revenue increased from 26.69% to 30.89% in the same period of 2020. - The revenue of SF Express business reached CNY 11.51 billion, through the cooperation mode of SF Express direct sales network, Shunxin Jetta Franchise network and other resources. The increasing portion for the overall LCL volume, the direct sales network volume and the franchise network volume was 81.3%, 88.7% and 62.5%, respectively. - SF's local emergency delivery business realized a tax-free operating income of CNY 2.241 billion (up 77.12% year-on-year), which was higher than the average growth rate of the industry. - By the end of the reporting period, the number of one-stop home service orders of SF Express had increased by more than 400% year-on-year, and the service timeliness rate reached 99.29% high, the service category had increased by 45% year-on-year. - SF cold chain business (including food cold transportation and pharmaceutical logistics) achieved an overall tax-free operating revenue of CNY 3.72 billion (up 14.79% year-on-year), while the supply chain business realized an operating income excluding tax of CNY 5.29 billion (up 79.02% year-on-year). - SF International Express's tax-free operating revenue reached CNY 3.28 billion, representing a year-on-year increase of 12.94%, covering 78 overseas countries and regions. During the reporting period, SF International opened 8 new flows and 9 new international all-cargo aircraft routes. - By the end of the reporting period, SF Holding had accumulated total assets of CNY 133.39 billion, increasing by 20% compared with that of the end of 2020. The net assets attributable to shareholders of listed companies were CNY 56.68 billion (up 0.42%). Meanwhile, the liability ratio increased from 48.94% on December 31, 2020, to 57.04% on June 30, 2021.
SZSE:002230
by EqualOcean
JD.com Published 2021 Q2 Financial ResultsThe overall revenue performance is positive. According to JD's (JD:NASDAQ) financial announcement for the second quarter of 2021: - The net income rose by 26.2%, reaching CNY 253.8 billion. - The net profit attributable to ordinary shareholders was CNY 790 million, compared with CNY 16.4 billion in the same period in 2020. While under non-GAAP, it was CNY 4.6 billion, down from CNY 5.9 billion in the same period last year. - The operating revenue slumped to CNY 300 million from CNY 5 billion in the same period last year. - As of June 30, 2021, the number of employees in JD.com listed companies and non-listed companies was nearly 400,000, becoming the company with the largest number of employees in domestic private enterprises. - For the twelve months ending June 30, 2021, JD’s cash flow was CNY 38.9 billion (up from CNY 26.3 billion previously). - Excluding the impact of JD Baitiao on the operating cash flow, the free cash flow for the twelve months ending on June 30, 2021, was CNY 31.9 billion, compared with CNY 22.7 billion in the same period last year. - For the twelve months ending June 30, 2021, the number of active purchasers of JD.com was 532 million, achieving a net increase of 115 million over the same period last year. It also set a record for attracting 32 million new users in a single quarter. Among them, more than 70% of the products purchased by active users are delivered to third- to sixth-tier cities.
NASDAQ:JD
by EqualOcean
Inside the ascending channel on VisaToday we will analyze the current chart of Visa. Let's start: a) The main two structures we can see on the chart are: The ascending channel and the dynamic support resistance level (yellow lines) b) Currently, the price is above the dynamic support resistance level and is supported on the ascending channel c) At the moment, we have a corrective pattern (green structure), and we say "at the moment" because the pray may keep falling and invalidates the whole idea. Yes, that's trading (what a lonely world) d) Ok, let's keep going. What we can see here is that if the price breaks above the green horizontal line, we will take that as a confirmation of the bullish view towards the two fibo extensions levels. e) Invalidation level is always below the structure (assuming that the price reaches the entry-level and then start falling) f) If everything goes as expected, we can wait for a 90 - 120 days movement towards the target Thanks for reading! And remember: Protect your Capital!
NYSE:V
by ThinkingAntsOk
3
S&P 500 Weekly Daily Chart Analysis For August 16, 2021 Technical Analysis and Outlook The S&P 500 fell 2.5% on Monday, at one point in the week, and on Thursday provided us with Rinse and Repeated buying opportunity ( Mean Sup $4,368-Mean Sup $4,385 zone ). As specified on Weekly Daily Chart Analysis For August 2, 2021, the main target is Outer Index Rally $4,483 and newly created the Key Res $4,480 . The very low downside scenario is revisiting the ''Rinse and Repeat'' buying zone. See the 'Weekly Market Review & Analysis For August 16, 2021" page at the usual site for the rest of the market story.
TVC:SPX
by TradingSig
1
#DJI: DJIA leading the charge?We have an interesting situation, at least for the following 6 weeks...After the jobs report, the market is repricing the timing of tapering and eventual rate hikes it would seem. Financials had underperformed for some time, and $QQQ and $SPY moved higher thanks to growth names regaining strength, while bond yields were falling and a big unwind of losing yield curve steepener bets were unwinding. I had pointed out the strength in growth and bonds before, and rotated away from value and financials/energy when I figured out the reflation move had ran its course. At least financials are prone to do very well for the next few weeks, as the weekly uptrend in $TLT expired, and predicts a 6 week sideways or down move in bonds, which is connected to mean reversion following a furious move caused partially by the unwinding of big yield curve bets. News of the hedge fund that took the hit were recently published, which made me think the move in the yield curve is overdone and bound to mean revert. This will favor US banks for some time again. We also observe this behavior in the $DJI chart here, and the $SPY and $QQQ weekly charts. Both $SPY and $QQQ have weekly trends that expire in the next 2 weeks, which can lead to a sideways or downside move after the last short term upswing takes a breather. I'm still bullish longer term overall, in names like $AAPL, $TSLA and $NVDA to name a few, but they might correct or consolidate in two weeks, while US Banks soar. The trend will likely go back to lower bond yields and outperformance of growth later on, but for now it is the time of the $DJI to shine over $SPY and $QQQ, specially in 2 weeks from now. Cheers, Ivan Labrie.
TVC:DJILong
by IvanLabrie
2
$XLF Financials failing at resistanceThe XLF ETF which tracks the financial sector of the U.S market has been battling to break resistance at $37 and the 50 day moving average. With the push lower in yields, fundamentally this is generally quite negative for banks and financial firms as this substantially decreases their profit margins. We could potentially retest the bottom of the range at $35.00 and if that breaks then $33 could be in site which is around the 200 day moving average.
AMEX:XLFShort
by MarcoOlevano
Tesla's Revenue Nearly Doubles in the second quarter of 2021On July 27, Tesla released its financial report for the second quarter of 2021. According to the latest financial statements, in Q2 2021, Tesla achieved a revenue of USD 11.96 billion, up 98% year-on-year and a net profit of USD 1.62 billion, surging 258% year-on-year. Its revenue increase nearly ten times that of the same period last year, which was the first time its net profit exceeded USD 1 billion. Its automotive business contributed USD 10.21 billion to all the segments, with a gross profit margin of 28.4%. Tesla delivered 201,300 vehicles in the second quarter, including 1,895 Model S/X and 199,400 Model 3/Y. Tesla expects the deliveries amount will grow by more than 50% in 2021. In terms of factories, the company plans to carry out limited production of Model Y in Texas and Berlin later this year. Model Y produced by Tesla's factories in Texas and Berlin may use 4680 batteries in the future. However, Tesla said that due to limited battery supply and challenges facing the global supply chain, the application might be postponed to 2022. In addition, the Tesla Shanghai Super factory has become its main automobile export center. Although slightly affected by the supply chain and factory upgrading, the capacity of the Shanghai Super Factory is still strong. Owing to the strong demand in the U.S. market and global cost optimization, Tesla has completed the transformation of the Shanghai Super factory. On the day of the release of the financial report, Tesla's share price rose 2.21%, and its current share price reaches USD 657.62 per share, with a total market value of USD 633.5 billion. It is worth noting that Musk said that unless there is something very important to report, this is his last time to participate in Tesla's financial report teleconference.
NASDAQ:TSLA
by EqualOcean