Reports from Facebook, Apple and Amazon Could Deliver Gains to Traders...READ MORE
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Reports from Facebook, Apple and Amazon Could Deliver Gains to Traders
Analysts and traders are always quick to weigh in on earnings reports from major companies. That is especially true for the market leaders in the tech sector. Facebook, Amazon and Apple recently reported earnings and the stocks moved on the news.
He made a $450 million deal with Nokia... a $395 million deal with Microsoft... an $828 million deal with Cisco... and a $29.26 BILLION deal with Apple.
How did the CEO of a stock trading for just $3 do it? And just how high will the stock go as a result? The incredible story here.
Analysts then consider what the quarterly results indicate about the future. They, of course, will not always be right but their insights are useful to consider. We look at the earnings reports of those companies in our latest article alongside analysts' outlooks.
As we explain in the article, analysts are generally bullish about two of the companies and cautious about the third. To be honest, you might find their caution to be surprising. The stock rallied sharply on the news of the quarterly results, but the chart shows why caution is warranted.
Rallies are common in bear markets and tech stocks have been especially hard hit. The charts say that these could just be bear market rallies. But the message could be different for long term investors than it is for short term traders.
That's important to consider – are you a long-term investor or short-term trader? Either approach may find useful information in our latest article. We look at all of this and more in our latest free educational article which is available right here.
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