SHELLS Q3 Financial reportRoyal Dutch Shell (LON:SHEL)'s Q3 financial outlook, published on Friday, suggests that the energy giant is set to benefit from a sector-wide rally in oil, refined products, and gas prices. The company anticipates enhanced earnings from its gas, chemicals, and product trading operations. These expectations are backed by InvestingPro's data that shows Shell's revenue in the last twelve months (LTM2023.Q2) to be a staggering $358.59 billion, with a gross profit of $88.24 billion.
Shell has been aggressively buying back shares, a move that often signifies management's confidence in the company's future. Another noteworthy tip is that the company has maintained dividend payments for 19 consecutive years.
Shell also foresees a corporate adjusted loss for the quarter. This follows a loss of $654 million reported in Q2 2023. This anticipated loss does not overshadow the fact that Shell has been profitable over the last twelve months, according to InvestingPro Tips. The recent rally in the energy sector could potentially uplift earnings for integrated energy players like Shell.
The official Q3 results of Shell are scheduled to be published on November 2, 2023. These results will provide a clearer picture of the company's performance amidst fluctuating market conditions. The InvestingPro data reveals that Shell's fair value is estimated to be $79.1, which is higher than the previous close price of $62.04, indicating potential growth.
Nyse
Spotify's New AI Bet Could Be a Game Changer for PodcastingSince 2019, the world's largest audio streaming company, Spotify (SPOT 0.73%), has been pouring money into the podcasting space with hopes of diversifying its business away from purely music streaming. These investments have included acquiring podcast studios, paying for exclusive shows, and even buying entire podcast distribution platforms like Megaphone and Anchor in an effort to bolster its advertising revenue.
However, Spotify's podcast initiatives have drawn plenty of criticism from investors because the company's strategy has continuously shifted and the gross margin has remained negative across its advertising division.
But despite these lackluster results, the company continues to believe there is a large opportunity in the podcasting industry. And last week, Spotify introduced a new program that could have big implications in the long run.
TLRY's Green Revolution Cannabis Stocks on the NYSEAs of the most recent data, the S&P 500, which represents the performance of 500 of the largest companies listed on stock exchanges in the United States, is trading at an impressive level. The index has been on a bullish trend, consistently reaching new all-time highs in recent months. This upward trajectory can be attributed to a combination of factors, including strong corporate earnings, optimism surrounding economic recovery, and accommodative monetary policies from central banks. Investors' appetite for risk remains robust, and as long as these favorable conditions persist, the S&P 500's bullish trend is likely to continue, attracting both institutional and retail investors.
AMZN BREAKOUT ON THE CHANNELAMZN confirms a bearish breakout on the bullish channel formed. Here we see the price respected the major resistance and followed up a bearish sentiment which has caused the price to show up a breakout on the structure formed. We expect a decent price decline back towards the daily support created on the bottom.
AAPL WILL CONTINUE TO FALL BELOW THE RESISTANCEAAPL showed up a fake rally above the resistance formed and the price moved back below the resistance once again confirming a fake out happened earlier. Here with the weekly pull back formed after the breakout, we believe that the price will continue to fall and go on a bearish momentum in the near future.
Unitedhealth Group broke above the Diamond rocket to $579Broadening Diamond shape has formed since 5 January.
It was an either or situation. Either it breaks up or down. Clearly, it's broken up giving a decent Risk to Reward ratio.
Now the momentum will most likely push the price up.
7>21>200
RSI>50
Target $579
NAS100...Process Your Entries CorrectlyOANDA:NAS100USD
Over the past few years, I have analyzed my methods for entering trades and as I have developed, I have discovered a few key mistakes that most traders make.
1. Do no chase the price : Analyze properly and wait for your entry...most traders react negatively when price does not arrive at their target and panic and jump in because of fear of missing out (FOMO).
2. Patience always wins: An alligator/crocodile never chases its prey, it simply waits for it to come to the nile to drink and then it pounces for the kill...Wait wait wait...
3. You cannot enter a buy if the price is already at a high and likewise you cannot enter a sell if the price is already at a low...you must wait for the retracement.
3. Stop thinking that you need a lot of money to be successful at trading...you can start with as little as $50 and grow it to over $4,000 in a month using a fully developed strategy.
4. In order to become the 5% of successful traders, you must be willing to do what 95% of traders will not do and that is have tremendous patience.
#aubersystem
#auberstrategy
#whywewait
#patience
#finishthemove
#nosetupnotrade
no setup = no trade
Process your Entries CarefullyOANDA:NAS100USD
Over the past few years, I have analyzed my methods for entering trades and as I have developed, I have discovered a few key mistakes that most traders make.
1. Do no chase the price : Analyze properly and wait for your entry...most traders react negatively when price does not arrive at their target and panic and jump in because of fear of missing out (FOMO).
2. Patience always wins: An alligator/crocodile never chases its prey, it simply waits for it to come to the nile to drink and then it pounces for the kill...Wait wait wait...
3. You cannot enter a buy if the price is already at a high and likewise you cannot enter a sell if the price is already at a low...you must wait for the retracement.
3. Stop thinking that you need a lot of money to be successful at trading...you can start with as little as $50 and grow it to over $4,000 in a month using a fully developed strategy.
4. In order to become the 5% of successful traders, you must be willing to do what 95% of traders will not do and that is have tremendous patience.
#aubersystem
#auberstrategy
#whywewait
#patience
#finishthemove
#nosetupnotrade
no setup = no trade
Disney: Bears are back! 🐻After an optimistic start to the first half of September, the Disney share price has been dragged lower. This development is in line with our expectations, as the price should fall to the green target zone between $73.84 and $54.04 in order to place the low of the green wave (II) there. Only then should there be a rebound that can be capitalised on with long positions opened in the green zone. An alternative would be for the price to break above the resistance at $103.77. In this case, which we give a 34% probability, the low would be the one already placed with green wave alt.(ii)
SPX READY TO LONG SPX LONG UNTIL 4600
Microsoft Rolling out Pilot 365
Iphone Pro Max Titanium Sales for Christmas
Nvidia Bullish
Amazon Sales for Christmas
Technical reversal
Be Patient
SIze According to your Posotion
Focus on Price action
do NOT Over trade
LET THE MARKET COME TO YOU !!!
DO NOT CHASE THE MARKET !!
Cafe City Studio 2024
Stay Profitable !! GBA !!
UPDATE META continues to go up the C&H with target $355.12Reverse Cup and Handle formed on META as previously analysed.
We then had a retracement with a Falling Wedge where there was profit taking.
The Support has held and is showing further upside to come. We just need a strong catalyst to boost it up.
7>21
Price >200
RSI>50
Target remains at $355.12
TESLA next bull run analysis you have to see.Telsa after long bearish trend pushing prices with higher high and higher low patterns indicating a near bull run scenario to be take place.
the convergence from point 2 to point 5 can act as bullish reversal and can push price to 1k USD or even more upside probably making tesla a multi bagger stock.
As fundamentals are strong and TA giving green signal you can invest in a SIP manner or one can start invest for long term once the raising wedge correction is finished .
best price for entries are from 200 ranges.
Thank you.
Occidental Petroleum: The Bulls are back! 🐂In the Occidental Petroleum chart, bulls have displayed renewed strength since early September, which needs to be sustained. The turquoise wave B is expected to reach higher, stopping just shy of the $77.13 resistance level. Following this peak, substantial declines are anticipated, potentially dropping below $54.35. Should the price manage to break above the resistance, though we deem it only 34% likely, it would overshoot the turquoise wave alt.B. However, this doesn't alter the bearish outlook that follows.
DOW: Downhill ⛷️Within the turquoise B wave, the Dow is currently in a downtrend. We expect this decline to continue to the turquoise target zone between $51.53 and $48.47, where we expect the reversal to occur. If the bulls prevent a decline until then and push the price above the resistance at $56.49, which we consider to be 34% probable, the price would establish the high of the magenta wave alt. a little higher.