TESLA (TSLA)
EARNINGS RELEASE - SEPTEMBER 16 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .26/share REV: 524.8/M
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NEXT QTR: EPS: .49/share REV: 568.5/M
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FULL YR: EPS: 1.79/share REV: 2,250/M
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LAST QTR: EPS: -.10/share ACTUAL: .11/share (BEAT)
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BEAT/MISS RECORD: 80% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -10.3, 23.68, 18.29
EXPECTED JUMP MOVE THIS QUARTER: 10+%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
S&P 500: Positive Q1 earnings growth for the S&P 500 rests on these five Magnificent Seven stocks, including Alphabet, Meta and Microsoft, which report this week.
Major indexes rose on Tuesday as Tesla, Microsoft, Meta and Google parent Alphabet head into earnings. Friday’s inflation report for March is on watch.
(Bloomberg) — A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020Zimbabwe’s ZiG Wipes Out 330% Stocks RallyBillionaire Pinaults Fight to Pull Gucci Off the Discount Rack
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today’s stock market.
These stocks are all rallying early Tuesday, amid a flurry of earnings reports and a little M&A news. ↗️ **Tesla (TSLA**): All eyes are on the EV maker’s earnings, due after the market close. Tesla stock rose over 2% in early trading, after a rocky stretch that has seen it fall over 40% in 2024.
StockJumpers analysis and trade plans are finalized and uploaded generally one house before market cloase (3PM EST) for most events unless noticed.
ANALYSIS:
Price is up 7% from open with investors feeling this will be a positive release. We will be posting analysis at 1pm EST today on this trade.
We are biased long on this event, though concerned the move may be priced in.
UPDATE: We remain long and will enter prior to close.
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OUR TRADE PLAN:
ENTRY: BUY
STOP LOSS: N/A
INITIAL PROFIT TARGET: 8%
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TRADE ASSIST: N/A
POST RELEASE ACTION:
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
Avg Daily Volume: 679,937 Market Cap: 1.42B
Sector: Consumer Goods Short Interest: 4.38
Ticker delayed 20 minutes
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