Barcode
10-28

$ON Semiconductor(ON)$ $Visa(V)$ $Advanced Micro Devices(AMD)$ $Microsoft(MSFT)$ $Coinbase Global, Inc.(COIN)$ 

๐Ÿš€๐Ÿ’ธ๐Ÿ“Š $20 TRILLION EARNINGS TSUNAMI: BRACE FOR IMPACT ๐Ÿ“Š๐Ÿ’ธ๐Ÿš€

Kia ora Tiger traders!

Get ready for the BUSIEST earnings week of Q3! Over $20 TRILLION worth of companies are set to report โ€” from tech titans to energy behemoths. This week could set the tone for the marketโ€™s direction heading into the year-end. ๐Ÿ’ฅ๐Ÿ“ˆ Letโ€™s get you prepped with a comprehensive catalyst watch!

๐Ÿ‡บ๐Ÿ‡ธ No Fed Speakers This Week:

The Fed has entered a pre-FOMC blackout, gearing up for the policy decision on November 6-7. No speeches or hints, just pure market action to digest. ๐Ÿค๐Ÿฆ

๐Ÿ“… Monday, 28 October:

   โ€ข   Volatility Watch: Elevated options trading volume around Spirit Airlines โœˆ๏ธ and Marinus Pharmaceuticals ๐Ÿ’Š. United Airlines and Theralase Technologies are showing overbought signals, so watch for potential pullbacks. ๐Ÿ“‰๐Ÿ”ฅ

   โ€ข   Earnings Spotlight: Reports from Waste Management (WM), Ford Motor (F), and ON Semiconductor (ON). Fordโ€™s EV play and ONโ€™s chip strategy will be hot topics. ๐Ÿš—๐Ÿ”‹

   โ€ข   History Watch: Did you know 28 October historically boasts the best S&P 500 return day over the past 74 years? Letโ€™s see if it lives up to the hype! ๐Ÿ†๐Ÿ“ˆ

๐Ÿ“… Tuesday, 29 October:

   โ€ข   Big Earnings Day: The spotlight shines on Alphabet (GOOGL), Visa (V), McDonaldโ€™s (MCD), Pfizer (PFE), and AMD (AMD) โ€” the heavyweights are here! ๐Ÿ”๐Ÿ’ณ๐Ÿ’Š๐Ÿ’ป

   โ€ข   Options Alerts: Expect action on Container Store (TCS), Snap (SNAP), and Reddit (RDT) as traders position ahead of their reports. ๐Ÿš€๐Ÿ“Š

   โ€ข   8:30 a.m.: McDonaldโ€™s Earnings Call โ€” Will the Big Mac be enough to offset recent E. coli concerns? ๐ŸŸ๐Ÿ˜ฌ

   โ€ข   10:00 a.m.: Consumer Confidence Report โ€” are consumers still splashing cash, or are the wallets tightening? ๐Ÿ›๏ธ๐Ÿ’ธ

๐Ÿ“… Wednesday, 30 October:

   โ€ข   Earnings Powerhouses: Itโ€™s a mega-mix of sectors with Microsoft (MSFT), Meta Platforms (META), Eli Lilly (LLY), Caterpillar (CAT), and Starbucks (SBUX) reporting. Tech, healthcare, machinery, and caffeine, all in one day! โ˜•๐Ÿ–ฅ๏ธ๐Ÿ’ช

   โ€ข   Global Spotlight: Binance Blockchain Week begins in Dubai โ€” watch for any crypto developments. ๐ŸŒ๐Ÿ”—

   โ€ข   BOJ Insight: The Bank of Japan starts its two-day policy meeting. Could a rate hike be on the cards, or is it more of the same? ๐Ÿฆ๐Ÿ’ด

๐Ÿ“… Thursday, 31 October โ€” (Spooky Earnings Halloween ๐ŸŽƒ๐Ÿ‘ป):

   โ€ข   Mega Earnings Day: Brace yourself for Apple (AAPL), Amazon (AMZN), Intel (INTC), Mastercard (MA), Uber (UBER), and Anheuser-Busch (BUD) โ€” a cauldron of market movers! ๐ŸŽ๐Ÿ“ฑ๐Ÿš—๐Ÿ’ณ๐Ÿป

   โ€ข   8:30 a.m.: Core PCE Price Index โ€” a critical inflation indicator that could move markets. ๐ŸŽƒ๐Ÿ’ต

   โ€ข   5:00 p.m.: Appleโ€™s earnings call โ€” can Tim Cook deliver treats for shareholders, or are there tricks in store? ๐Ÿ๐Ÿ”ฎ

   โ€ข   Options Buzz: Peloton (PTON) and Sabre (SABR) are hot on the options radar post-earnings. ๐Ÿšดโ€โ™€๏ธโœˆ๏ธ

๐Ÿ“… Friday, 1 November:

   โ€ข   Energy & Consumer Day: Expect reports from ExxonMobil (XOM), Chevron (CVX), Charter (CHTR), and Wayfair (W) โ€” everything from oil giants to home decor! ๐Ÿ›ข๏ธ๐Ÿ›‹๏ธ

   โ€ข   8:30 a.m.: October Jobs Report โ€” economists are forecasting 120K new jobs and a steady unemployment rate at 4.1%. Will the data drive market momentum heading into the weekend? ๐Ÿ“‰๐Ÿง‘โ€๐Ÿญ

๐ŸŒŸ๐Ÿ” Analyst & Hedge Fund Insights:

1. Expect Surprises: Analysts have trimmed Q3 EPS estimates by 3.9%, setting the stage for potential big beats if companies deliver strong forward guidance. Watch tech giants to see if they continue to carry market momentum ๏ฟผ ๏ฟผ.

2. Energy Watch: Analysts are eyeing ExxonMobil and Chevron amidst global geopolitical concerns. Any disruptions could push oil prices higher, and energy earnings might shine if crude continues to rise ๏ฟผ ๏ฟผ.

3. Techโ€™s Pivotal Role: Information technology is the only sector with upward EPS revisions this quarter, making it the centrepiece of market sentiment. Big names like Microsoft, Amazon, and Apple will set the pace for the quarter.


@TigerGPT,Will tech strength be enough to drive the broader market, or are other sectors going to weigh down the rally? ๐Ÿง๐Ÿ’ก

Happy trading ahead. Cheers, BC ๐Ÿ€

@Tiger_comments @TigerPicks @TigerStars @TigerPM @Daily_Discussion @TigerObserver @TigerGPT 

Earning Season: Could Amazon Be the Hope of Big Tech?
Microsoft and Meta drops in the extended trading as AI spending increases. Apple and Amazon will release their reports after the market closes on Thursday. ------------------- Will Apple succeed in transforming into an AI company? Will Amazon be the hope of big tech?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • TigerGPT
    10-28
    TigerGPT

    Analysis of ON Semiconductor (ON)

    Business Overview

    ON Semiconductor is a semiconductor manufacturer that provides energy-efficient solutions for a wide range of industries, including automotive, industrial, and consumer electronics. The company's products include power management solutions, analog and mixed-signal devices, image sensors, and custom application-specific integrated circuits (ASICs).

    ON Semiconductor operates in a growing industry, driven by increasing demand for energy-efficient technologies and the rapid development of advanced electronic devices. The company is well-positioned to benefit from trends such as electric vehicles, renewable energy, and the internet of things (IoT).

    Earnings and Forecast

    Latest Earnings (2024 Q2):

    EPS: $0.79  

    Return on Equity (ROE): 16.43%  

    Gross Profit Margin: 45.18%  

    Quick Ratio: 1.79  

    Current Ratio: 3.01  

      

    Earnings Forecast:

    2024 Full Year: EPS forecasted to be $4.00 (USD), with a forecasted gross income of $7.13 billion (USD) and a forecasted EBIT of $2.01 billion (USD).  

    2025 Full Year: EPS forecasted to be $4.67 (USD), with a forecasted gross income of $7.66 billion (USD) and a forecasted EBIT of $2.37 billion (USD).  

    2026 Full Year: EPS forecasted to be $5.85 (USD), with a forecasted gross income of $8.62 billion (USD) and a forecasted EBIT of $2.92 billion (USD).  

      

    Recent Trends

    Support Price (2024-10-25): $70.58 (USD)  

    Resistance Price (2024-10-25): $75.58 (USD)  

    Average Cost: $72.92 (USD)  

    Capital Flow Data (5 Day):

    10-18: +12,524.34 units (K)  

    10-21: -4,026.95 units (K)  

    10-22: -322.78 units (K)  

    10-23: +3,033.34 units (K)  

    10-24: +7,974.21 units (K)  

      

    Capital Flow Data (1 Day):

    Total Inflow: $228 million  

    Total Outflow: $241 million  

    Big Inflow: $16.98 million  

    Median Inflow: $10.57 million  

    Small Inflow: $200.55 million  

    Big Outflow: $27.64 million  

    Median Outflow: $15.95 million  

    Small Outflow: $197.51 million  

      

    Profiteer Ratio (2024-10-25): 0.7078  

    Analyst Recommendations and Target Price

    Analyst Recommendation: 2 recommend, 15 buy, 13 hold, 2 underperform  

    Analyst Target Price: The mean, low, and high target estimates are $85.4484, $55.0, and $106.0, respectively.  

    News and Market Sentiment

    Analysts have trimmed Q3 EPS estimates by 3.9%, which could result in potential big beats if companies deliver strong forward guidance. The performance of tech giants will be closely watched to gauge market momentum.  

    The energy sector, including companies like ExxonMobil and Chevron, is being closely monitored due to global geopolitical concerns. Any disruptions in the industry could push oil prices higher and potentially lead to strong energy earnings.  

    Information technology is the only sector with upward EPS revisions this quarter, making it a key focus for market sentiment. Tech giants like Microsoft, Amazon, and Apple will play a pivotal role in setting the pace for the quarter.  

    Disclaimer

    The above analysis should not be considered as investment advice. It is essential to conduct further research and analysis and consider your own financial situation before making any investment decisions. The stock market carries inherent risks, and stock prices can fluctuate.

  • Hen Solo
    10-28
    Hen Solo

    Great article, would you like to share it?

  • Kiwi Tigress
    10-28
    Kiwi Tigress

    Great article, would you like to share it?

  • Queengirlypops
    10-28
    Queengirlypops

    Great article, would you like to share it?

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