Stock Market News / Page 86

Apple earnings: Another stellar quarter? – Stock Market News

Posted on January 25, 2021 at 3:54 pm GMT

The world’s most valuable company will release its earnings report after Wall Street’s closing bell on Wednesday. Analysts expect another blockbuster quarter as consumers cannot get enough of the new iPhones. Besides earnings, the guidance by the firm’s executives will also be crucial for Apple’s stock, which has already shot to new heights in anticipation of stellar results. Valuation is becoming an issue, but that’s also the case for almost every quality stock. It’s good to be king High quality [..]

Tesla’s Q4 earnings preview: Another masterstroke – Stock Market News

Posted on January 25, 2021 at 2:28 pm GMT

Investors’ favorite stock – Tesla – will be closely watched on Tuesday after the market close as the electric car maker will publish its final earnings statement for 2020. Forecasts suggest that 2020 was the most profitable year in the company’s history despite the ongoing Covid drama, though this might not surprise markets. Instead, with the management setting new goals for the new year this week, traders would be more interested to know if the company can keep outperforming on Wall Street as green investments largely grow in [..]

Microsoft earnings: can cloud business sustain revenue boom? – Stock Market News

Posted on January 25, 2021 at 1:38 pm GMT

Microsoft Corporation will be the next of Wall Street’s tech giants to post its latest earnings on Tuesday (after the market close), and after Netflix’s positive surprise, expectations are high that the Redmond-based company will also impress with its Q4 results. Microsoft’s earnings have been going from strength-to-strength since 2017 when the company started to reap the benefits of CEO Satya Nadella’s shift to cloud computing. Investors have demonstrated their satisfaction with this new direction by sending Microsoft shares to [..]

Technical Analysis – US 500 index maintains uptrend despite faint pause

Posted on January 25, 2021 at 12:25 pm GMT

The US 500 index (Cash) appears to have frozen a bit after forming a new all-time high of 3,867. Nevertheless, the commanding bullish bearing of the simple moving averages (SMA) is assisting the uptrend, while the stalling Ichimoku lines are indicating some dwindling in positive momentum. The short-term oscillators are demonstrating mixed signals in directional momentum. The MACD, in the positive region, is a tad above its floating red trigger line, while the RSI is pointing upwards, merely beneath the [..]

Technical Analysis – Apple stock declines somewhat in short-term; bullish in long-term

Posted on January 19, 2021 at 2:30 pm GMT

Apple stock price appears to be losing ground, finding powerful support at the 126.43 barrier. A paused state of directional momentum is reflected in the Ichimoku lines, while the price rests above the upper surface of the Ichimoku cloud. The bearish signals in the short-term oscillators further reflect the fall in the price. The RSI has barely inched below the 50 level, while the stochastic indicator is moving south. If sellers drive the index below the 126.43 support, the 50-day simple [..]

Netflix to report Q4 earnings amid slowing subscriber growth and price hikes – Stock Market News

Posted on January 19, 2021 at 1:35 pm GMT

Twenty-twenty was a year that nobody will want to remember, but for stay-at-home companies like Netflix Inc, their services were never in greater demand. When the steaming service provider reports its fourth quarter earnings on Tuesday (after the market close), it’s expected to report another solid set of results as the virus resurgence in many countries likely kept more people at home. However, with rising competition, revenue growth might not match the highs of recent quarters and investors will be [..]

Technical Analysis – Netflix stock faces SMA resistance ahead of Q4 earnings report

Posted on January 19, 2021 at 11:11 am GMT

Netflix’s stock has been volatile within the range of 457.45 – 574.68 since mid-June, though in the four-hour chart, the simple moving average lines (SMAs) seem to have been navigating the price to the downside over the past two weeks. The negative slope in the RSI and the trendless negative MACD are currently keeping the odds for a significant upside reversal minimal, suggesting that a drop towards the 61.8% Fibonacci level of the latest upleg at 493.10 could be more likely. If [..]

Technical Analysis – US 500 index fades from recent all-time high of 3,831

Posted on January 18, 2021 at 12:49 pm GMT

The US 500 index (Cash) is finding a foothold in the Ichimoku cloud, on the 100-period simple moving average (SMA) at 3,756, after the index receded from its latest all-time high of 3,831 under the 50-period SMA. All climbing SMAs are endorsing the positive picture, while the Ichimoku lines, with the dipping red Tenkan-sen line, are promoting the pullback in price. The short-term oscillators are proposing a tad increase in positive momentum. The MACD is flattening below its red signal [..]

Technical Analysis – JPMorgan’s stock prints new all-time high ahead of earnings

Posted on January 14, 2021 at 2:29 pm GMT

JPMorgan’s stock had an incredible rally the past two weeks, unlocking a fresh record of 141.60 ahead of its earnings release, which is due on Friday, before closing lower. Some weakness or some stabilization would not be very surprising after such a marvelous progress. Besides, with the RSI and the Stochastics having surpassed former resistance bars in the overbought territory, there is a growing potential for a downside reversal. However, neither of these indicators have convincingly shifted southwards, nor the MACD has [..]

Citigroup, JPMorgan, and Wells Fargo kick off earnings season – Stock Market News

Posted on January 14, 2021 at 12:27 pm GMT

The fourth-quarter earnings season is upon us, and as usual, the big US banks will get things started. JPMorgan, Citigroup, and Wells Fargo will all report on Friday before Wall Street’s opening bell. Their results could shed some light into how the financial sector is doing and how the US consumer is holding up. Overall, the banking sector has recovered very powerfully lately, and should the Democrats unleash a tsunami of federal spending soon, the good times could keep rolling. [..]

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