Tuesday, January 30, 2024

〽️What to Expect as Big Tech Earnings Hit

Good morning. This week will prove a busy one for big tech names, with companies like Apple...
It's the monthly jobs numbers today and they're not going to be pretty and will be possibly the tip of the iceberg as we head into May.

Good morning. This week will prove a busy one for big tech names, with companies like Apple (AAPL), Nvidia (NVDA), and AMD (AMD) reporting among others. By market cap, one-third of the S&P 500 reports earnings this week.

A big hit or miss form any of these companies could move the overall market. And with stocks slowing down near all-time highs, investors could be in for some more volatility.

Investors can wait for a company to drop after earnings to pick up shares. Traders may want to wait until the earnings reports come in, and then trade any market overreaction that occurs afterwards.

Now here's the rest of the news:

Sponsored Content
9,530x the Last Time this Happened
The last of three historically bullish crypto events is expected to happen around April 14.

It's only the fourth time in crypto history.

The last time, in 2020, certain altcoins exploded.

Some as high as 531,735% or even a 953,018% gain.

A tiny $100 investment would have returned just short of a million dollars.

Here's what our expert says you should buy before April 14.

MARKETS
DOW 38,333.45 +0.59%
S&P 4,927.93 +0.76%
NASDAQ 15,628.04 +1.12%
*As of market close
Markets closed higher on Monday, ahead of a busy week for earnings.
Oil dropped 1.3 percent, closing at $77.02 per barrel.
Gold rose 0.7 percent, ending trading at $2,031 per ounce.
Cryptocurrencies rallied, with bitcoin at $43,098 at the stock market close.

Today's TOP TIPS
This Commodity Trend Points to Strong Returns for a Merger Play
The winter months in North America typically bode well for investors in natural gas. However, the specific dates and moves in prices depend significantly on weather conditions. That can make getting the exact timing challenging.

However, investors could instead look to invest in undervalued stocks that could rise higher even past a cyclical trend and rally for years to come. That would play well to America's natural gas resources and our rising ability to export it to higher-priced markets.

» FULL STORY

Insider Activity Report: Texas Capital Bancshares (TCBI)
Fairmount Funds Management, a major holder of Viridian Therapeutics (VRDN), recently bought 476,190 shares. The buy increased the fund's holdings by 35 percent, and came to a total cost of $9,999,990.

This marks the first insider buy since April 2023, when the company CEO bought 4,000 shares for just over $101,000, and also made a $160,000 buy in March 2023. The company's General Council was a small seller of shares in the past year.

» FULL STORY

Unusual Option Activity: Verizon Communications (VZ)
Chipmaker Intel (INTC) sold off heavily last week following the company's latest earnings. One trader sees shares rebounding from their recent drop.

That's based on the February 23 $46 calls. With 24 days until expiration, 9,463 contracts traded compared to a prior open interest of 194, for a 49-fold rise in volume on the trade. The buyer of the calls paid $0.81 to make the bullish bet.

» FULL STORY

IN OTHER NEWS
Retail Landlords See Strong Demand

Property owners for retail space are scaling back discounted rents and other concessions for tenants, a sign that the commercial real estate market may be stabilizing. That's in contrast to the pandemic and immediate aftermath, when landlords slashed prices and offered specialty discounts.
Evergrande Moves to Liquidation

Chinese property developer Evergrande has been ordered into liquidation. The company has been struggling for over two years with its high debt levels and a cooldown in China's real estate market. China has recently moved to stimulate its economy and ease some of the pressures in the real estate market.
Amazon Terminates iRobot Acquisition

Tech giant Amazon (AMZN) is not moving forward with its acquisition to buy vacuum maker iRobot (IRBT). The companies see no path for regulatory approval of the deal in the European Union. iRobot shares dropped on the news, and the vacuum maker announced that it would lay off 31 percent of its staff.
Toyota Halts Shipments on Diesel Testing Issues

Toyota Motors (TM) is suspending shipments on 10 models after finding irregularities in certification tests for diesel engines. The company plans to run new engine certification tests in the presence of regulators to ensure the irregularity is fixed. Toyota sold about 84,000 of the affected engines and vehicles last year.
Flexport May Lay Off More Workers

Logistics company Flexport may eliminate as many as 20 percent of its roles in the next few weeks. The company provides freight forwarding and brokerage services, and announced similar cuts back in October. Global shipping has been sluggish coming out of the pandemic, amid a restructuring of supply chains.

S&P 500 MOVERS
TOP
ADM 5.384%
ILMN 4.288%
CCL 4.074%
TSLA 3.858%
BLDR 3.834%
BOTTOM
HPQ 2.467%
IP 2.422%
STX 2.09%
DD 1.871%
BBY 1.761%

Quote of the Day
All the economic data — both the GDP and PCE — was good …That was comforting to everybody. And I think it does show we're still in this potential 'Goldilocks' landing, where the economy softens a bit but is still positive.
- Rhys Williams, chief strategist at Spouting Rock Asset Management, on how last week's GDP and inflation data shows that the economy remains strong, with inflation continuing to decline, without yet moving to a recession.

Sponsored Content
9,530x the Last Time this Happened
The last of three historically bullish crypto events is expected to happen around April 14.

It's only the fourth time in crypto history.

The last time, in 2020, certain altcoins exploded.

Some as high as 531,735% or even a 953,018% gain.

A tiny $100 investment would have returned just short of a million dollars.

Here's what our expert says you should buy before April 14.


Not sure the best way to get started?
Follow these simple steps to hit the ground running.

› Step #1 - Get These FREE Reports:

Warren Buffett's Top 5 Stocks | 10 Great Stocks Under $10 |
7 High Yield Dividend Stocks

Step #2 - Join our Live Trading Room:

Trading with Manny

› Step #3 - Claim Your Free Copy Of:

Big Book Of Chart Patterns | How to Trade Weekly Options For Weekly Income

We just wanted to take a moment and say thank you so much for being part of our family! We are dedicated to teaching people how to make the world a better place so we can all thrive, together. We love sharing stories and featuring past learners who have applied our teachings and changed their situations. It's our passion to build a strong community centered around fun and mindset! We love to discover extraordinary and useful tools and share them with the world! We create a space where people can discover how to enjoy their lives by simply choosing to learn. Every day we are building and strengthening partnerships with our customers and clients and we do so in the most ethical way possible. We particularly love working with artisans, makers, and small businesses because through their passion and their craft they help make the world a better place.. Without all of you we wouldn't be able to do what we do on a daily basis and for that we say thank you. We've been living our dream for many years now and that wouldn't be possible without every single one of you. The idea of going from a typical nine to five life to a life of freedom doesn't seem real to most people, but we want you to know it is definitely possible. We've done it. You have the power to control your life, your actions, and what you choose to focus on. We're here to help you along that journey to achieve whatever goals you set out for yourself. However, we also care about keeping you and your privacy safe. We are committed to advising you of the right to your privacy. We strive to provide a safe and secure user experience. Our Privacy Policy explains how we collect, store and use personal information, provided by you on our website. It also explains how we collect and use non-personal information. By accessing and using our website, you explicitly accept, without limitation or qualification, the collection, use and transfer of the personal information and non-personal information in the manner described in this Privacy Policy. Please read this Policy carefully, as it affects your rights and liabilities under the law. If you disagree with the way we collect and process personal and non-personal information, please do not use this website. This Policy applies to this website as well as all webpages Company hosts. It regulates the processing of information relating to you and grants both of us various rights with respect to your personal data. It also informs you of how to notify us to stop using your personal information. We are located in the United States of America. You may be located in a country that has laws which are more restrictive about the collection and use of your personal information. However, by using our website, you agree to waive the more restrictive laws and agree to be governed by the laws of the United States of America. If you wish to view our privacy policy, you can find it below.



Nothing in this email should be considered personalized financial advice. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense.

Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.



 

This email was sent to edwardlorilla1986.paxforex@blogger.com by editor@tradingtips.com

TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405

Manage Subscriptionsreport SPAM


 

No comments:

Post a Comment

Overnight Option Trades… Show me how.

Fellow Reader, ONE single trade. ONE specific time every week. It all came to life when Christian hit a signific...