$Apple(AAPL)$ $Amazon.com(AMZN)$ $Tesla Motors(TSLA)$ $Pfizer(PFE)$ $Exxon Mobil(XOM)$
Kia ora Tiger traders,
Stocks to Watch Today: What's Hot on August 2? 📈🔥
The markets are in a whirlwind today! 🌪️ The S&P 500 (.SPX) is down 1.37%, the Nasdaq (.IXIC) has dropped by 2.30%, and the Dow Jones (.DJI) is down 1.21%. With these significant movements, let's dive into what you should keep an eye on.
Market Movers:
Apple (AAPL) 🍏 - After their latest earnings report, Apple is seeing mixed reactions. With a slight dip in revenue but promising updates on product launches, could this be a buy-the-dip opportunity?
Amazon (AMZN) 📦 - With their recent Prime Day success and strong quarterly results, Amazon's stock is worth watching. Will it continue its upward trajectory or face a pullback?
Tesla (TSLA) 🚗⚡ - Tesla's recent earnings call highlighted ambitious goals for the future, but the stock has been volatile. Keep an eye on this EV giant for potential breakout moves.
Trading Opportunities:
Tech Sector: The tech-heavy Nasdaq has taken a hit. Stocks like Nvidia (NVDA) and Microsoft (MSFT) are experiencing fluctuations. This could be a chance to grab some high-quality tech stocks at a discount.
Energy Stocks: With oil prices on the rise, energy stocks like ExxonMobil (XOM) and Chevron (CVX) are worth monitoring. These could see upward momentum as global demand increases.
Healthcare: Companies like Pfizer (PFE) and Moderna (MRNA) are in focus with ongoing developments in vaccine distribution and new treatments.
Analysts' Insights:
Goldman Sachs: They maintain a bullish outlook on tech stocks, despite the current dip, citing long-term growth potential.
Morgan Stanley: Advises caution with energy stocks, suggesting waiting for a clearer trend before making moves.
JPMorgan: Recommends looking into defensive sectors like utilities and consumer staples for stability in volatile times.
Fun Fact:
Did you know? 📊 The S&P 500 has had an average annual return of about 10% since its inception in 1926. Even with the ups and downs, long-term investors have historically been rewarded.
Historical Fact:
On Black Monday, October 19, 1987, the stock market experienced its largest one-day percentage drop in history, with the Dow Jones Industrial Average falling by 22.6%.
Hey Tiger Traders, what stocks are you watching today? Do you have any trading plans or insights to share?
TigerGPT, what's your take on the current market movements? Any hidden gems we should be aware of?
Happy trading ahead. Cheers, BC 🍀
@TigerGPT @Daily_Discussion @Tiger_Earnings @MillionaireTiger @TigerPM @TigerStars @Tiger_chat @Tiger_comments @TigerOptions
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.
Here is an analysis of the stocks you mentioned:
Apple (AAPL):
Business and Industry: Apple is a technology company that designs, manufactures, and sells consumer electronics, software, and online services. The company operates in various segments, including iPhone, Mac, iPad, Wearables, Home and Accessories, and Services. The technology industry is expected to continue growing due to increasing demand for innovative products and services.
Latest Earnings: Apple's latest earnings report showed a slight dip in revenue. However, the company provided promising updates on upcoming product launches, which could present a buying opportunity.
Capital Flow: The recent capital flow data for Apple shows mixed trends, with both inflows and outflows observed over the past five days.
Support and Resistance Price: The support price for Apple on July 31 was $211.61, and the resistance price was $223.31. The average cost was $205.64. As of August 2, the stock price was $218.36.
Analyst Viewpoints: Analysts have a positive outlook on Apple, with a mean target price of $226.88. The analyst recommendation includes 12 buy ratings, 21 hold ratings, and 11 underperform ratings.
Amazon.com (AMZN):
Business and Industry: Amazon.com is an e-commerce and cloud computing company. It operates through various segments, including North America, International, and Amazon Web Services (AWS). The e-commerce industry is expected to continue growing as more consumers shift to online shopping.
Latest Earnings: Amazon.com reported strong quarterly results and had a successful Prime Day event. The company's stock is worth watching for potential further growth.
Capital Flow: The recent capital flow data for Amazon.com shows mixed trends, with both inflows and outflows observed over the past five days.
Support and Resistance Price: The support price for Amazon.com on July 31 was $182.82, and the resistance price was $187.52. The average cost was $185.27. As of August 2, the stock price was $184.07.
Analyst Viewpoints: Analysts have a positive outlook on Amazon.com, with a mean target price of $228.37. The analyst recommendation includes 17 buy ratings and 43 hold ratings.
Tesla Motors (TSLA):
Business and Industry: Tesla Motors is an electric vehicle and clean energy company. It designs, manufactures, and sells electric vehicles, energy storage products, and solar energy products. The electric vehicle industry is expected to grow as the world transitions to sustainable transportation.
Latest Earnings: Tesla's recent earnings call highlighted ambitious goals for the future. However, the stock has been volatile. It is important to closely monitor this stock for potential breakout moves.
Capital Flow: The recent capital flow data for Tesla shows mixed trends, with both inflows and outflows observed over the past five days.
Support and Resistance Price: The support price for Tesla on July 31 was $185.51, and the resistance price was $247.51. The average cost was $216.31. As of August 2, the stock price was $216.86.
Analyst Viewpoints: Analysts have a mixed outlook on Tesla, with a mean target price of $204.52. The analyst recommendation includes 7 buy ratings, 11 hold ratings, 20 underperform ratings, and 8 sell ratings.
Pfizer (PFE):
Business and Industry: Pfizer is a pharmaceutical company that develops, manufactures, and sells healthcare products. The company operates in various segments, including Biopharma and Upjohn. The healthcare industry is expected to continue growing due to increasing demand for medical treatments and innovations.
Latest Earnings: Pfizer's latest earnings report showed positive results. It is important to closely monitor the stock for any updates or developments in vaccine distribution and new treatments.
Capital Flow: The recent capital flow data for Pfizer shows mixed trends, with both inflows and outflows observed over the past five days.
Support and Resistance Price: The support price for Pfizer on July 31 was $27.8, and the resistance price was $30.56. The average cost was $28.46. As of August 2, the stock price was $30.65.
Analyst Viewpoints: Analysts have a positive outlook on Pfizer, with a mean target price of $32.55. The analyst recommendation includes 3 buy ratings, 6 hold ratings, and 17 sell ratings.
Exxon Mobil (XOM):
Business and Industry: Exxon Mobil is an energy company that explores, produces, and sells crude oil and natural gas. The company operates in various segments, including Upstream, Downstream, and Chemical. The energy industry is subject to various factors, including global demand, geopolitical events, and environmental concerns.
Latest Earnings: Exxon Mobil's latest earnings report showed positive results. It is important to closely monitor the stock for any updates or developments in the energy sector.
Capital Flow: The recent capital flow data for Exxon Mobil shows mixed trends, with both inflows and outflows observed over the past five days.
Support and Resistance Price: The support price for Exxon Mobil on July 31 was $116.48, and the resistance price was $118.68. The average cost was $115.1. As of August 2, the stock price was $116.95.
Analyst Viewpoints: Analysts have a mixed outlook on Exxon Mobil, with a mean target price of $132.85. The analyst recommendation includes 5 buy ratings, 12 hold ratings, and no sell ratings.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. It is important to conduct thorough research and analysis before making any investment decisions.