Sunday, July 23, 2017

Stock market superstars to report this week.....

This week will see earnings from many companies who have dominant position in their sector.

Monday         GOOG

Tuesday         AMD

Wednesday    FB 

Thursday      TWTR AMZN BIDU

The above 6 companies are either dominant or challenging leaders in their field.

GOOG is expected to beat and is slated for about 5% move

AMD...speculation is building that they they will beat but will raise guidance for Q3

FB.....they are the dominant player in mobile ads with a captive audience

TWTR TAPE action is telling most people that they have found a niche in their business model and is on the mend ......slated for new highs 

AMZN is dominating e commerce and is destroying brick and mortar in the process....Internet biggest beneficiary....already hitting series of new all time highs...

BIDU... is coming out of a long base and is in the process of showing growth in Sales after several quarters...EPS is expected to be higher than last fiscal year......expected to make new highs....

All of the above earnings should propel Nasdaq to series of all time highs......

It is important to have a mix of leaders and new ideas in earning season.

I have exposure in 4 out of 6 mentioned above.

It is not too late to be part of earnings game, most of the above IF not all should have positive reaction.

TAPE has found comfort in cross current of political gridlock and higher US growth.

I see us climbing wall of worries......

It is never all clear in market, always something to worry about.

Good luck with your own interpretation of earnings, market and your tolerance of risk.

BLOG does NOT give buy or sell.

Saleem

3 comments:

joseph said...

Hi Saleem and Stocktrader,

Sold TECK @ 19.65. At least I got my money back with some profit.

AAOI is Still on fire..
Good luck to everyone.

Joseph

stocktrader_1996 said...

Hi Joseph,

Yes, patience paid off to turn losses into gains! :)

AAOI is a bull/bear battleground of sorts--hard to play at these levels now with the cushion gone.

Good luck with your next pick! :)

Stocktrader

Stocks100 said...


Hi Joseph,

Conviction paid off.....

Good luck with your portfolio.

Saleem