Jump Report
| Avg Daily Volume: 12,942,127 Market Cap: 111.36B Sector: Technology Short Interest: 2.4 |
EARNINGS EXPECTATIONS:
CONSENSUS EPS: .79/share REV: 2,200/M
___________________________________________________________
LAST QTR: EPS: .80/share ESTIMATED: .75/share (BEAT)
_____________________________________________________________
NEXT QTR: EPS: 1.11/share REV: 2,540/M
______________________________________________________
FY19: EPS: 5.30/share REV: 11,120/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 55% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) 6.04, -20.14, -5.32
POTENTIAL JUMP MOVE: 9-11%
Links To Latest News and Headlines
Big Tech names keep leading market gains with double-digit earnings growth and ongoing investments in data centers and energy. Noel Dixon, State Street Global Markets senior macro strategist, joins Catalysts to explain why he expects tech earnings to stay resilient and why two Federal Reserve interest rate cuts are still likely this year. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
Apple has some proving to do in the AI space, but its stock remains Berkshire Hathaway’s biggest bet. Generative AI represents Amazon’s greatest growth driver now, and it could translate into trillions of dollars. At the end of this year, Warren Buffett will be stepping down as Berkshire Hathaway’s CEO.
Nvidia continues to dominate the AI market with cutting-edge chips, a robust software ecosystem, and advanced networking technologies. Broadcom has emerged as a prominent player in AI infrastructure, leveraging its custom AI chips and VMware software stack. CoreWeave is seeing explosive growth with Nvidia’s backing.
Azure growth and OpenAI tie-ups push MSFT to record highs
AI is expected to add trillions of dollars in value to the global economy in the coming years. Nvidia has built a solid competitive advantage by fulfilling key hardware and software needs for AI data centers. Meta Platforms could benefit significantly from using AI to improve ad targeting and increase user engagement with its social media platforms.
Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
ANALYSIS:
Stockjumpers trajectory analysis reveals a positive market reaction to the target’s release news. We see a pop in price post release based on a beat and higher than expected guidance. This stock has soared over the years but the last few quarters the price has dropped and was certainly overbought. We think this quarter will look different – though perhaps not a huge move.
We are LONG on this event
___________________
TRADE PLAN:
ENTRY: BUY – end of day
STOP LOSS: 5%
TAKE PROFIT: 8%
___________________
UPDATE: (2:40PM) We remain biased long on this event.
POST RELEASE ACTION:
[/mepr-show
This area reserved for subscribers to the Options Intelligence Strategy. If this is something you wish to participate in, just let us know below.
NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.