$Palantir Technologies Inc.(PLTR)$ $Moderna, Inc.(MRNA)$ $Hims & Hers Health Inc.(HIMS)$ $SUPER MICRO COMPUTER INC(SMCI)$
📈📊 Earnings Extravaganza, Election Madness & Crypto Craze: Hold Onto Your Seats! 🗳️💥📉
Kia ora Tiger traders!
This week’s market line-up has all the makings of a thriller – major earnings reports, a neck-and-neck U.S. election, wild swings in $DJT (Trump Media & Technology Group), and crypto bouncing along with election odds! Let’s unpack the week’s biggest players, juiciest reports, and chart patterns that could drive the markets wild.
🔥 Plenty of BIG Names Reporting Earnings This Week! 💼💰
If you’re into market movers, you’re in luck! This week’s earnings feature top-tier names across sectors, setting the stage for potential fireworks:
$PLTR $O $HIMS $DOCN $RACE $SMCI $CPNG $CELH $NVO $QCOM $ARM $MELI $DUOL $LYFT $DDOG $MRNA $ABNB $RIVN $TTD $SQ $DKNG $NET
🗳️ Election Showdown – Trump vs. Harris: A Tight Race with Market Implications! 🤯🇺🇸
Election fever is reaching its peak as we approach November 5th, and it’s closer than ever! The latest polls show Harris leading by just 1% – with 47.9% support to Trump’s 46.9%. This razor-thin margin has traders bracing for potential volatility and sector-specific plays depending on the outcome. A Trump win could bolster conservative industries, while Harris’s victory might be a boost for infrastructure and green energy.
Crypto Dancing to the Polls! 🕺💃 In a rare twist, Bitcoin and other cryptos are aligning with election sentiment. As poll numbers shift, crypto seems to mirror these moves, adding a wild layer to an already unpredictable market. If the election results surprise, expect Bitcoin to react in sync.
$DJT – Trump’s Media Stock on Turbo Mode! 🚀 Trump Media & Technology Group ($DJT) has been on a rollercoaster, with a 365% rally followed by a sharp 45% drop. With high trading volumes and election sentiment driving interest, DJT is primed for even more action as votes roll in.
🪑 Moderna’s Churchill Chair Pattern: Strategic Pause or Bullish Signal? 🧘♂️📈
Pattern enthusiasts, gather round! Moderna (MRNA) is showing a Chair Pattern, or what we’re calling the Churchill Chair! 🪑 Much like Churchill’s contemplative pauses, MRNA seems to be “sitting back” at a support level, potentially gearing up for bullish momentum.
• Current Price: $54.63
• Target Price: $92.89 📈 (Upside Potential: 70%!)
• Support: $50.00 | Resistance: $60.00
• Analyst Ratings:
• 🟢 Strong Buy: 4%
• 🟢 Buy: 27%
• 🟡 Hold: 62%
• 🔴 Sell: 8%
Could this be the calm before the MRNA storm? Keep an eye on this one!
📅 Economic Reports Adding Fuel to the Fire 📊💸
Amidst earnings and election drama, key economic data will hit the tape this week. Here’s what’s on the calendar:
• Monday, Nov 4: Factory Orders 📦 (10:00), 3-Year and 10-Year Note Auctions
• Tuesday, Nov 5: Trade Balance ⚖️ (8:30), ISM Services Index 📉 (10:00), Election Day in the U.S. 🇺🇸
• Wednesday, Nov 6: S&P Global Services PMI (9:45), Treasury Buyback 💰 ($500M)
• Thursday, Nov 7: Initial Jobless Claims 📉 (8:30), Nonfarm Productivity 📈 (8:30), FOMC Rate Decision 💵 (14:00) – Will the Fed stay on hold, hike, or surprise with a cut? Growth stocks are waiting on the edge!
• Friday, Nov 8: UofM Consumer Sentiment 😅 (10:00) – a critical gauge of consumer vibes as we head into the holiday season.
These reports could shake the market, especially with election uncertainty adding fuel to the fire.
📉 Key Stock Snapshots 📊
Palantir Technologies (PLTR):
• Current Price: $41.92
• Target Price: $20.50
• Support: $16.80 | Resistance: $19.00
• Analyst Ratings:
• 🟢 Buy: 8
• 🟡 Hold: 10
• 🔴 Sell: 5
DraftKings (DKNG):
• Current Price: $35.69
• Target Price: $40.00
• Support: $34.00 | Resistance: $38.00
• Analyst Ratings:
• 🟢 Buy: 15
• 🟡 Hold: 5
• 🔴 Sell: 1
🤔 Hey Tiger Traders, with the election, earnings, and economic data this week, which asset do you think will make the wildest moves? 📉📈
With crypto mirroring election odds, what could this mean for Bitcoin and other assets as the results come in?
Happy trading ahead. Cheers, BC 🍀🍀🍀@TigerGPT @Tiger_comments @TigerObserver @Daily_Discussion @TigerWire @TigerPM @TigerPicks @TigerStars
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Certainly a very big week with the 🇺🇸 election that will have a roll on effect worldwide 🌎🌍🌏 I do hope Harris wins.
Here is the analysis of the stocks you mentioned:
🏢 Hims & Hers Health Inc. (HIMS):
Business and industry: Hims & Hers Health is a telehealth company that provides personalized healthcare solutions. The company operates in the healthcare industry, focusing on telemedicine and direct-to-consumer services.
Latest earnings and forecast: In Q2 2024, HIMS reported an EPS of $0.06, with a net profit margin of 4.21%. The company has a positive earnings forecast for the future, with estimated EPS of $0.23 for FY 2024 and $0.36 for FY 2025. The forecasted gross income for FY 2025 is $1.89 billion, and the forecasting EBIT is $102.22 million.
Recent trends: The stock price of HIMS on November 4th is $20.36. The support and resistance prices are $16.80 and $19.00, respectively. The average cost is $18.78.
Analysts' viewpoints: There are 1 recommendation, 5 buy ratings, and 7 hold ratings for HIMS stock. The target price estimates from analysts range from $16.00 to $30.00, with a mean estimate of $23.08.
Capital flow: In the past 5 days, there has been a total inflow of $10.91 million and a total outflow of $15.11 million for HIMS stock.
🏢 SUPER MICRO COMPUTER INC (SMCI):
Business and industry: Super Micro Computer Inc is a global leader in high-performance, high-efficiency server technology and innovation. The company designs, develops, and manufactures application-optimized server solutions for enterprise data centers, cloud computing, and AI.
Latest earnings and forecast: The company has a positive earnings forecast, with estimated EPS of $3.36 for FY 2025 and $4.34 for FY 2026. The forecasted gross income for FY 2025 is $27.72 billion, and the forecasting EBIT is $2.58 billion.
Recent trends: The stock price of SMCI on November 4th is $26.05. The support and resistance prices are $25.71 and $39.61, respectively. The average cost is $43.11.
Analysts' viewpoints: There are 4 buy ratings, 10 hold ratings, and 1 underperform rating for SMCI stock. The target price estimates from analysts range from $32.11 to $130.00, with a mean estimate of $69.09.
Capital flow: In the past 5 days, there has been a total inflow of $12.28 million and a total outflow of $12.96 million for SMCI stock.
🏢 Moderna, Inc. (MRNA):
Business and industry: Moderna is a biotechnology company that focuses on the discovery, development, and commercialization of mRNA-based medicines and vaccines. The company is a leader in the development of COVID-19 vaccines and therapeutics.
Latest earnings and forecast: In Q2 2024, MRNA reported an EPS of -$3.33. The company has a negative earnings forecast for the future, with estimated EPS of -$9.81 for FY 2024 and -$8.49 for FY 2025. The forecasted gross income for FY 2024 is $3.21 billion, and the forecasting EBIT is -$4.00 billion.
Recent trends: The stock price of MRNA on November 4th is $54.63. The support and resistance prices are $53.96 and $65.56, respectively. The average cost is $75.87.
Analysts' viewpoints: There is 1 recommendation, 7 buy ratings, 16 hold ratings, and 2 underperform ratings for MRNA stock. The target price estimates from analysts range from $46.00 to $238.00, with a mean estimate of $92.89.
Capital flow: In the past 5 days, there has been a total inflow of $1.87 million and a total outflow of $1.61 million for MRNA stock.
🏢 Palantir Technologies Inc. (PLTR):
Business and industry: Palantir Technologies is a software company that specializes in data analysis. The company provides services to government agencies, financial institutions, and other organizations to analyze and make sense of large amounts of data.
Latest earnings and forecast: In Q2 2024, PLTR reported an EPS of $0.06, with a net profit margin of 19.78%. The company has a positive earnings forecast, with estimated EPS of $0.36 for FY 2024 and $0.43 for FY 2025. The forecasted gross income for FY 2025 is $3.33 billion, and the forecasting EBIT is $1.15 billion.
Recent trends: The stock price of PLTR on November 4th is $41.92. The support and resistance prices are $35.93 and $42.43, respectively. The average cost is $34.26.
Analysts' viewpoints: There are 3 recommendations, 1 buy rating, 10 hold ratings, 4 underperform ratings, and 2 sell ratings for PLTR stock. The target price estimates from analysts range from $9.00 to $50.00, with a mean estimate of $28.85.
Capital flow: In the past 5 days, there has been a total inflow of $57.10 million and a total outflow of $59.20 million for PLTR stock.
Please note that the above analysis is based on the available data and information. It is essential to conduct further research and analysis before making any investment decisions. Investing in the stock market involves risks, and the stock prices can fluctuate.
Who is it going to be? 🤔 So much division over it. It's awful.
A big line up and huge week! thanks BC!
It's all happening this week!! Thanks BC 💕💗💖
What a week!!