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Apple Earnings Boost Stock to 182 ? Reasons Why Apple’s Fiscal 2024 First Quarter Results: Apple reported its financial results for the first quarter of fiscal year 2024, which ended on December 30, 2023. Here are the key highlights: Revenue: The company posted quarterly revenue of $119.6 billion, representing a 2 percent year-over-year increase. Earnings Per Share (EPS): Quarterly earnings per diluted share reached $2.18, marking a 16 percent year-over-year growth. Services Revenue: Apple achieved an all-time record in services revenue during this quarter. Active Devices: The installed base of active Apple devices surpassed 2.2 billion, reaching an all-time high across all products and geographic segments. Cash Flow and Dividends: Apple generated nearly $40 billion of operating cash flow and returned almost $27 billion to shareholders. The company’s board of directors declared a cash dividend of $0.24 per share of common stock, payable on February 15, 2024. Long Idea and Earnings Impact: While the earnings report reflects strong performance, it’s essential to consider the broader market context and analysts’ expectations. Analysts estimate an average EPS of $1.41 for Apple’s second quarter of 2024, with a range between $1.32 and $1.45. As an investor, you might want to assess factors such as: iPhone Sales: The growth in iPhone sales significantly contributed to Apple’s revenue. Monitor iPhone demand trends and product launches. Services Segment: Services revenue hit a record high. Evaluate the sustainability of this growth. Margin Expansion: The all-time record EPS resulted from margin expansion. Understand the drivers behind this improvement. Dividends: Apple’s consistent dividend payments provide income for long-term investors.
NASDAQ:AAPLLong
by NYRUNSGLOBAL
Bearish drop?USD/JPY has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 154.23 Why we like it: there is a pullback resistance level. Stop loss: 154.98 Why we like it: There is a pullback resistance level that lines up with the 88% Fibonacci retracement. Take profit: 152.52 Why we like it: There is an overlap support level that is slightly above the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
Meta Stock Could Reach $520 by July 2024 Earnings ReportNASDAQ:META Why Meta Stock Could Reach $520 by July 2024 Earnings Report Meta Platforms, Inc., formerly known as Facebook, has been making significant strides in its business operations, which could potentially drive its stock price to $520 by the time of its July 2024 earnings report. Here are some key reasons: 1. Strong Performance in Q1 2024 Meta reported a robust first quarter in 2024, with revenue soaring 27% to $36.4 billion compared to the same period last year1. Net income also saw a substantial increase of 117% to $12.4 billion. This strong financial performance indicates a healthy growth trajectory for the company. 2. Significant Investment in AI CEO Mark Zuckerberg has announced plans for significant investment in artificial intelligence2. While this initially caused a 12% slump in the META stock price, it’s a strategic long-term investment that could potentially drive future growth and profitability. 3. Positive Stock Forecasts Analysts have made positive predictions about Meta’s stock price. For instance, WalletInvestor forecasts a price of $517.58, while TipRanks predicts a price of $547.45. These predictions suggest a potential for the stock price to reach $520. 4. Expected Growth in Q2 2024 Meta’s CFO has projected total revenue for Q2 2024 to be in the range of $36.5-39 billion. This expected growth could further boost investor confidence and drive up the stock price. 5. Long-Term Growth Potential Meta has demonstrated a long-term growth potential, with its stock price rising 110% from $209.40 to $441.38 in the 12 months leading up to April 25, 2024. This trend suggests that the company has the potential to reach the $520 mark by July 2024.
NASDAQ:METALong
by NYRUNSGLOBAL
COSTCO 850 AFTER EARNIGS ?? 5 STRONG REASONS WHY !!! thanks to WWW.CAFECITYSTUDIO.COM NY RUNS GLOBAL INC . Robust Financials:Costco has consistently demonstrated strong financial performance. Its revenue growth, profitability, and debt management are impressive. The company’s ESG (Environmental, Social, and Governance) score for its industry is good, indicating responsible business practices . Customer Loyalty and Resilience:Costco’s loyal customer base contributes to its stability. Even during economic downturns, consumers tend to remain loyal to the brand. This loyalty makes Costco stock relatively recession-resistant, which is a valuable asset for long-term investors. Analyst Sentiment:Over the past few months, analysts have revised their average price target for Costco upwards significantly. This suggests positive sentiment and confidence in the company’s future prospects. There is high visibility into Costco’s activities for the coming years, supporting predictable sales. Inflationary Pressures:The recent inflationary pressures have positively impacted Costco stock. As the Federal Reserve adjusts its monetary policy, companies like Costco may benefit from higher prices and increased consumer spending. Valuation Considerations:While Costco’s fundamentals are strong, it’s essential to consider valuation. The company operates with relatively high earnings multiples. Investors should weigh the potential upside against the current valuation when projecting the stock price.
NASDAQ:COSTLong
by NYRUNSGLOBAL
Bullish bounce off pullback support?USD/CHF is falling towards the support level which is a pullback support that aligns wit the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.88826 Why we like it: There is a pullback support level that lines up with the 38.2% Fibonacci retracement. Stop loss: 0.8832 Why we like it: There is a pullback support level that aligns wit the 61.8% Fibonacci retracement. Take profit: 0.8960 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
$ORCL 126 AFTER EARNINGS NYSE:ORCL 126 AFTER EARNINGS Strong Quarterly Earnings: Oracle has shown strong financial performance in the recent past, with its stock price soaring after reporting results that beat analysts' expectations and highlighted its position amid the AI boom. This indicates a positive market response to its financial performance, which could lead to a higher stock price in the future. Increased Price Targets by Analysts: Analysts have increased their price targets for Oracle, with some predicting a potential rise to $126. These optimistic forecasts suggest that the market and analysts have confidence in the company's future growth and performance. Positive Market Sentiment: The market's response to Oracle's earnings reports has generally been positive, with the stock price rising after strong earnings reports. This suggests that if Oracle continues to report strong earnings, the market could respond positively, potentially pushing the stock price towards $126. High Growth Potential: Analysts predict that Oracle's earnings and revenue will grow significantly over the next 3 years. This high growth potential could attract investors and drive up the stock price. Market Leadership: Oracle is a market leader in cloud computing and database software. Its strong market position and broad scope of offerings could contribute to its continued growth and success, potentially leading to a higher stock price. Positive Industry Outlook: The cloud computing and database software industries are expected to continue growing, driven by the increasing need for digital solutions and data management. As a leader in these spaces, Oracle is well-positioned to benefit from this industry growth. AI-Related Gains: Oracle has been highlighted for its position amid the AI boom, indicating its potential to benefit from the growing demand for AI-related services and solutions.
NYSE:ORCLLong
by NYRUNSGLOBAL
AMAZON 210 NEXT NASDAQ:AMZN AMAZING AMAZON 210 NEXT Recent Analyst Consensus: According to recent analyst predictions, the consensus target price for Amazon in the next 12 months is around $221.55. This would imply an increase of approximately 14.62% from the current price1. Keep in mind that this target price can vary among different analysts. Historical Performance: Amazon has been a remarkable success story, with its stock price consistently rising over the years. It started as an online bookstore and expanded into various other sectors, including cloud computing (Amazon Web Services), entertainment (Amazon Prime Video), and smart devices (Amazon Echo). Factors Influencing Stock Price: Several factors impact Amazon’s stock price: Earnings Reports: Investors closely monitor Amazon’s quarterly earnings reports. Strong revenue growth and profitability tend to boost the stock. Market Sentiment: Overall market conditions, investor sentiment, and economic trends play a role.
NASDAQ:AMZNLong
by NYRUNSGLOBAL
TESLA 300 AFTER EARNINGS ? 3 STRONG REASONS !! Strong EV Market Position: Tesla’s electric vehicles (EVs) remain popular, with the Model Y and Model 3 ranking among the top-selling vehicles in the U.S. in 2023. Even as legacy automakers enter the market, Tesla’s success suggests continued consumer preference for its vehicles. Cybertruck: Tesla’s long-awaited Cybertruck could be a game-changer. Pickup trucks have high gross profit margins, and if Tesla prices the Cybertruck right, it could boost their overall profitability1. Regulatory Credits and Rebates: As Europe tightens regulations on internal combustion engine (ICE) cars, Tesla may receive more regulatory credits (from competitors like Fiat) going forward. Full Self-Driving (FSD) Technology: Analysts estimate that Tesla’s FSD technology could potentially raise earnings per share by $1-$2 annually through the end of the decade.
NASDAQ:TSLALong
by NYRUNSGLOBAL
4
Bullish bounce?EUR/USD is falling towards the support level which is a pullback support and could bounce from this level to our take profit. Entry: 1.0456 Why we like it: There is a pullback support level. Stop loss: 1.0401 Why we like it: There is a pullback support level. Take profit: 1.0527 Why we like it: There is an overlap resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
AVGO 187 AFTER EARNINGS ?Broadcom ( NASDAQ:AVGO ) is setting the stage for a potentially explosive earnings report. With the tech sector, particularly AI, driving growth, here's why NASDAQ:AVGO might just hit $187: Earnings Expectations: Analysts are predicting a revenue of $12.96B for the next quarter, showcasing a significant jump from last year's $8.8B. This growth trajectory is fueled by Broadcom's strategic positioning in AI and enterprise solutions. Market Sentiment: The buzz around NASDAQ:AVGO on X is palpable. From stock split announcements to bullish analyst price targets, the sentiment is overwhelmingly positive. A recent post highlighted a potential for NASDAQ:AVGO to be the next stock hitting $200, given its performance and market conditions. Technical Analysis: The stock's chart shows strong support above key moving averages, suggesting bullish momentum. A break above previous highs could see NASDAQ:AVGO testing new levels, with some even eyeing an all-time high of $184, which could easily extend to $187 with positive earnings news. AI and Market Growth: Broadcom's integration of VMware and its AI segment growth are expected to contribute significantly. With AI markets projected to grow by 40% in 2024, NASDAQ:AVGO 's AI-related revenues could exceed $10 billion this year, up from $4.2 billion in 2023. Price Targets: Rosenblatt's raised price target to $240 from $165 indicates strong confidence in Broadcom's future, driven by AI and enterprise software synergies. CAFE CITY STUDIO NYC 2024
NASDAQ:AVGOLong
by NYRUNSGLOBAL
Why MSTR Could Hit $350 by April 2025Why MSTR Could Hit $350 by April 2025 MicroStrategy (MSTR) has positioned itself uniquely in the financial landscape by heavily investing in Bitcoin, making it not just a tech firm but also a significant player in the cryptocurrency space. Here's why MSTR might reach $350 by April 2025: Bitcoin's Performance and MicroStrategy's Strategy: Bitcoin has been on an upward trajectory, with recent spikes fueled by events like political developments (e.g., Trump's crypto-friendly stance). If Bitcoin continues this trend or even surpasses expectations, MSTR's stock, which acts almost as a leveraged bet on Bitcoin, could see substantial gains. Analysts have noted a strong positive correlation between Bitcoin's price and MSTR's stock value, sometimes suggesting a premium on MSTR due to its Bitcoin strategy. MicroStrategy's Bold Bitcoin Acquisition: Recent posts on X have highlighted MicroStrategy's commitment to the biggest Bitcoin buy ever at $42B. This aggressive accumulation could signal to investors that MSTR believes in a significant future value increase for Bitcoin, thereby potentially boosting investor confidence in MSTR shares. Market Sentiment and Institutional Interest: There's growing institutional interest in Bitcoin, which benefits companies like MicroStrategy. For instance, South Korea’s National Pension Service's investment in MSTR indicates a broader acceptance of crypto through established companies. Such moves could lead to increased demand for MSTR stock, pushing its price higher. Inclusion in Major Indices: Discussions around MSTR's potential inclusion in major indices like the S&P 500 could significantly boost its stock price. If MSTR becomes eligible for such an index due to its market cap or liquidity, it would attract more institutional investors, driving the price up. Earnings and Accounting Changes: With the adoption of new accounting standards allowing for digital assets to be measured at fair value, MSTR could report more favorable earnings. This could lead to a re-rating of the stock as the market recognizes the true value of its Bitcoin holdings, potentially pushing the stock towards the $350 mark or beyond. Bullish Predictions and Analyst Upgrades: Analysts from various platforms have shown optimism, with some forecasts indicating that MSTR could trade between $175.94 and $310.25 by 2025. While these aren't exact to $350, the sentiment is clear: there's an expectation of significant growth. Supply Shock from Bitcoin Halving: The Bitcoin halving event, which reduces the reward for mining new blocks, historically impacts Bitcoin's price positively due to the reduced supply growth rate. If this event leads to a substantial Bitcoin price increase, MSTR's stock should follow suit. Macro-Economic Environment: If the global economic environment continues to favor alternative investments like cryptocurrencies, MSTR, with its Bitcoin strategy, stands to benefit. Lower interest rates or inflation fears might drive more capital towards assets like Bitcoin, indirectly benefiting MSTR.
NASDAQ:MSTRLong
by NYRUNSGLOBAL
LONG TERM INVESTMENTS FOR BIG COMPANIES !! LONG TERM !TRADING CAN CHANGE YOUR LIFE !! META - APPLE - AMAZON - SPX - SPY - TESLA - NVIDIA - JP MORGAN - RIVIAN - LUCID AVGO - HOOD - ROCKETLAB - AFFIRM - GOOGLE - SOFI - MICROSOFT - META -TSM - CRM - AMD QCOM - BAC - AMEX - DISCOVER FOREX EURUSD - GBPUSD - USDJPY BTC Key Considerations for Trading Forex, BTC, and Stocks Trading in financial markets, whether it's Forex, Bitcoin (BTC), or stocks, involves a unique set of challenges and opportunities. Here are crucial points to keep in mind before diving into these markets: For Forex Trading: Leverage: Forex markets offer high leverage, which can amplify both gains and losses. Understand your risk tolerance and use leverage cautiously. Market Hours: Forex markets are open 24/5, which means opportunities and risks are constant. Consider when you trade in relation to major market sessions (London, New York, Tokyo). Volatility: Currency pairs can be highly volatile, especially around economic news releases or geopolitical events. Stay updated with economic calendars. Interest Rates: Central bank policies can significantly affect currency values. Monitor interest rate decisions and monetary policy statements. Pair Correlation: Understand how currency pairs correlate with each other to manage your portfolio risk better. For Bitcoin (BTC) Trading: High Volatility: Cryptocurrency, especially Bitcoin, is known for extreme price movements. Prepare for significant price swings. Regulatory Environment: Keep an eye on global crypto regulations which can influence market sentiment and price. Market Sentiment: Bitcoin's price can be heavily influenced by news, tweets from influencers, and market sentiment. Tools like sentiment analysis can be beneficial. Security: Since BTC is digital, security of your wallet and trading platform is paramount. Use hardware wallets for long-term storage. Liquidity: Ensure you're trading on platforms with good liquidity to avoid slippage, especially during volatile times. For Stock Trading: Company Fundamentals: Unlike Forex or BTC, stocks are tied to company performance. Analyze earnings, financial statements, and growth prospects. Dividends: Some stocks offer dividends, providing an income stream which can be reinvested or taken as cash. Market Trends: Stocks are influenced by broader market trends, sector performance, and macroeconomic indicators. Diversification across sectors can mitigate risk. Brokerage and Fees: Stock trading can involve various fees like transaction fees, management fees, etc. Choose your broker wisely based on cost and services. Long vs. Short Term: Decide if you're in for long-term investment or short-term trading. Each strategy requires different approaches to analysis and risk management. General Tips for All Markets: Education: Continuous learning about markets, new tools, and strategies is essential. Risk Management: Never risk more than you can afford to lose. Use stop-loss orders, diversify, and only invest money you don't need for living expenses. Psychology: Trading can be emotionally taxing. Manage stress, fear, and greed to make rational decisions. Technology: Utilize trading platforms, analysis tools, and keep abreast of technological advancements that can impact your trading, like blockchain for crypto. Regulation: Understand the regulatory environment of each market you're trading in to avoid legal pitfalls. Community and Mentorship: Engage with trading communities or find a mentor. Learning from seasoned traders can provide shortcuts and insights. Remember, every market has its nuances, and what works in one might not work in another. Tailor your strategies to each asset class while maintaining a cohesive risk management framework across all your trading activities. Good luck trading!
Education
by NYRUNSGLOBAL
BOJ RATE BRINGS USDJPY TO 145 LONG TERM The Bank of Japan's (BoJ) upcoming interest rate decision could be a pivotal moment for the USD/JPY currency pair, potentially driving it down to the 145 level. Here's why: Narrowing Interest Rate Differential: If the BoJ decides to raise interest rates or signals an intent to do so in the near future, this would narrow the interest rate differential with the U.S. The U.S. has been maintaining higher interest rates compared to Japan's negative or near-zero rates. A reduction in this gap would make holding Japanese Yen (JPY) relatively more attractive, thus strengthening the JPY against the USD. Market Expectations and Sentiment: Markets often react to expectations before they react to actual news. If there's a growing consensus or speculation that the BoJ might tighten policy, traders might preemptively adjust their portfolios, leading to a stronger JPY. Recent posts on X have hinted at expectations of BoJ rate hikes, which could fuel this sentiment. Technical Analysis Indicators: From a technical standpoint, if the BoJ surprises with hawkish comments or actions, this could trigger a sell-off in USD/JPY. The pair has been hovering around key resistance levels, and a policy shift might push it below significant support levels, potentially aiming for 145. Technical analyses often look for signs of a break below current supports, which could be catalyzed by a BoJ decision. Global Economic Conditions: The global economic landscape, including U.S. economic data like employment figures, inflation rates, and Fed policy, will also play a role. If U.S. data suggests a softening economy or if the Fed signals rate cuts, this would weaken the USD against other currencies, including the JPY. Conversely, a dovish BoJ might not lead to as significant a drop, but the current market sentiment seems to be banking on at least some tightening from Japan. Psychological Levels and Market Dynamics: The 145 mark could act as a psychological level for traders, where large volumes of trading might occur due to this round figure. If the BoJ's actions or statements align with market expectations of a policy shift, this could accelerate the move towards this level, especially if there's already momentum in that direction.
Short
by NYRUNSGLOBAL
DAX at Critical Resistance – Bearish Crab Pattern Could Trigger The German FX:GER30 The German Dax has formed a bearish crab pattern at €20,442, at the 224% Fibonacci extension. This pattern could potentially bring the index back to €19,874, representing a 38.2% retracement from the recent rally between the weekly fractal support at €18,814 and the latest resistance at €20,529 (the historical highs above the daily fractal resistance). Currently, the daily fractal support is established at €20,265, and is under pressure. The question remains: will the index pull back before Christmas? Key Highlights: Bearish crab pattern formed at €20,442. Potential retracement to €19,874. Daily fractal support at €20,265 under pressure.
FX:GER30Short
by Andre_Cardoso
Meta - The Final Resistance Breakout!Meta ( NASDAQ:META ) could actually break the resistance trendline: Click chart above to see the detailed analysis👆🏻 As we are speaking, Meta is actually retesting the major (and only) resistance trendline of the reverse triangle pattern. If we actually see the bullish breakout - which obviously has to then be confirmed - this triangle breakout could lead to an immediate rally of more than +40%. Levels to watch: $650, $1.000 Keep your long term vision, Philip (BasicTrading)
NASDAQ:METALong
by basictradingtv
18
Amazon - This Could Be The Breakout Rally!Amazon ( NASDAQ:AMZN ) is creating a major breakout: Click chart above to see the detailed analysis👆🏻 With this monthly candle, Amazon is finally breaking above the previous all time highs and could therefore start the next major bullish cycle. After a 5 year consolidation, a confirmed breakout will lead to an unbelievable short squeeze, which could bring us all the way up to the top of the channel. Levels to watch: $200, $500 Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMZNLong
by basictradingtv
19