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The energy industry has undergone several major changes in the XXI that are becoming increasingly apparent…
2022-03-28 • Updated
The earnings season continues in the United States. Every week we tell you which large American companies are going to release their earnings reports. You can trade stocks of each of these companies with FBS. To learn more, please check this info.
Date: February 4, 23:00 MT time
EPS forecast: $10.88
Revenue forecast: $38.91B
Google is expected to show solid growth in earnings and revenue. The company has done well in 2018 but the stock is trading close to the levels at which it started last year. As a result, a solid report may give it the strength to get higher.
If you want to get a deeper insight into how much Google will cost in the future, visit the “Investor Relations” section of Alphabet website (Alphabet is Google’s parent company) after the report is published. Check the entire report for this info:
The stock needs to overcome resistance at 1116 (50-week MA), to get a chance to rise to 1136 and 1160/1170. Support is at 1095 and 1086 (100-day MA) ahead of 1056 (50-day MA).
Disney
Date: February 5
EPS forecast: $1.54
Revenue forecast: $15.07B
The market doesn’t expect any spectacular numbers from Disney’s earnings report. The reason is that the company’s earnings will be compared with the results of the same period last year when it reported record revenue and earnings thanks to the timing of major movie releases and the favorable tax reform impact.
The stock’s dynamics upon the release of the report will depend largely on the company’s outlook for 2019. If it's optimistic (and it might be as it’s getting ready to the acquisition of Fox and the launch of Disney Plus streaming service), the price can test higher levels. At the same time, costs will likely increase and this will have a negative impact on future revenue.
Notice that the current value of Disney’s stock isn’t low. Resistance is at 113.25 (100-day MA), while support is at the weekly MAs (108.55 and 107.40). The 50-day MA is about to fall below the 200-day MA — a negative sign.
GM
Date: February 6
EPS forecast: $1.24
Revenue forecast: $36B
Most analysts see the potential for a positive surprise. The company’s sales declined in Q4. Nevertheless, the largest US automaker is trying to shift its sales towards more profitable cars an expand its presence in China.
Advance above 39.60 will open the way up to 40.85. On the downside, support is at 37.70 and 37.00.
The energy industry has undergone several major changes in the XXI that are becoming increasingly apparent…
More and more analysts are sure Brent oil will surpass $100 a barrel. So how heavily will oil move the markets, and what will the direction of the movement be? Let's find out!
About PayPal PayPal is an electronic commerce company that facilitates payments between parties through online transfers…
Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!