$Microsoft(MSFT)$ swept some important lows yesterday before closing green back above its 100 day SMA. $Microsoft(MSFT)$ On watch for continuation to the upside today!Image
Meta, Microsoft and Alphabet all set to report earnings this week. Can you predict which company will be the big winner this week?As tensions in the Middle East have been fading to the background, investors are turning their focus to the deluge of looming tech earnings to get a better sense if the year's stock rally can continue.Companies including Facebook parent $Meta Platforms, Inc.(META)$ , $Microsoft(MSFT)$ and Google parent $Alphabet(GOOG)$ all set to report earnings this week. Those earnings reports are likely to determine whether the tech selloff ends or continuesCan you predict which company will be the big winner this week?📖Earning Preview
$Faraday Future Intelligent Electric Inc.(FFIE)$ Looking Back ! Faraday Future (FFIE) is a US stock that gave me one hell of a ride. It is not even roller coaster, more of a downhill zipped line, all the way. I bought it because: - When I thought It has fallen sufficiently, down -93%. - I know it has very solid technical specifications for its EV. - Its EV is “truly” the creme de la creme of EVs - advanced technology, great horsepower, plush interiors, sleek designs etc.. - The technical details are its intellectual property (IP) and assets. Unfortunately, after 3 years in operations, it managed to churn out 10 EVs in 2023? This average out to 0.83 EV per m
$ARM Holdings Ltd(ARM)$ A load of people don't know how to work out pe ratio. this company has 1020 m shares. Trailing earning is 270m but fiscal 2023 earning is almost 550m. Give the benefit of the doubt at 550. so earnings is around 0.5 usd. But arm reports non gaap earnings which is somehow 4 x higher than gaap earnings. 1.3 usd. The pe ratio is 50-200 depending on what metric you look at for a price of 90 usd. Nobody questions arm's deviantly high non gaap earnings. but the pe ratio is NOT 1000+ like is being mentioned.I’ve always said chasing hot stocks is a good way to lose money! lol It is not advisable to go against the wind. ARM will keep tanking. No support at all in near term.
Click to vote. Guess how will $Tesla Motors(TSLA)$ close Wednesday 24/04 following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.Tesla is set to announce its first-quarter 2024 earnings after the bell on Tuesday, April 23. Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth bottlenecks. As analysts revise down estimates of Q1 earnings, an upside surprise may present a chance to rebound. Conversely, a miss on the expectation may exacerbate the downward pressure.Analysts expect Tesla's revenue to be $22.424 billion, adjusted net income to be $1.853 billion, and adjusted EPS to be $0.53, according to Bloomberg's unanimous expectations. For more information about Tesla
Fading rate cut hopes and geopolitical uncertainties fueled a sell-off in large tech stocks, leading to a Black Friday for US stocks. The S&P 500 broke below the 4,000 level. The Nasdaq saw its sixth consecutive day of declines, the longest losing streak in over a year. American Express lifted the Dow Jones to close higher.Options market data showed expectations for a narrowing decline in the S&P 500, with a drop of less than 4.4% expected by May 17th. For QQQ, the expected decline narrowed, with a 2.1% drop projected by May 17th. For small-caps, Russell 2000 options implied a tightening range, with a 1.5% decline and 6.7% upside cap expected for May.Details:The $SPDR S&P 500 ETF Trust(SPY)$ options overall showed a slightly bullish tra
$ARM Holdings Ltd(ARM)$ A load of people don't know how to work out pe ratio. this company has 1020 m shares. Trailing earning is 270m but fiscal 2023 earning is almost 550m. Give the benefit of the doubt at 550. so earnings is around 0.5 usd. But arm reports non gaap earnings which is somehow 4 x higher than gaap earnings. 1.3 usd. The pe ratio is 50-200 depending on what metric you look at for a price of 90 usd. Nobody questions arm's deviantly high non gaap earnings. but the pe ratio is NOT 1000+ like is being mentioned.I’ve always said chasing hot stocks is a good way to lose money! lol It is not advisable to go against the wind. ARM will keep tanking. No support at all in near term.
Click to vote. Guess how will $Tesla Motors(TSLA)$ close Wednesday 24/04 following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.Tesla is set to announce its first-quarter 2024 earnings after the bell on Tuesday, April 23. Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth bottlenecks. As analysts revise down estimates of Q1 earnings, an upside surprise may present a chance to rebound. Conversely, a miss on the expectation may exacerbate the downward pressure.Analysts expect Tesla's revenue to be $22.424 billion, adjusted net income to be $1.853 billion, and adjusted EPS to be $0.53, according to Bloomberg's unanimous expectations. For more information about Tesla
Public Holidays There are no holidays in Singapore, Hong Kong, China and America for the coming week. Economic Calendar (22 Apr 2024) Notable Highlights New home sales will bring insight into the current status of US real estate. S&P global US manufacturing PMI will bring about an understanding of the manufacturing outlook for the US. S&P Global Services PMI will bring an understanding of services production for the US The most watched economic data in the coming week will be the PCE price index. This is the main index that the Federal Reserve used as a reference for inflation in America. Should this continue to trend upwards, it will be more difficult for the Federal Reserve to impose a fat pivot or a drop in interest rates. US GDP results will also be released in the coming we