JUMP REPORT
| Avg Daily Volume: 7,204,636 Market Cap: 46.03B Sector: Consumer Goods Short Interest: 27.86 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.42/share REV: 6,330/M
___________________________________________________________
LAST QTR: EPS: -.36/share ACTUAL: -1.12/share (MISS)
____________________________________________________________
NEXT QTR: EPS: .32/share REV: 6,790/M
______________________________________________________
FULL YR: EPS: -3.57/share REV: 24,540/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
______________________________________________________
BEAT/MISS RECORD: 30% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -14.84, -4.86, -4.78
EXPECTED JUMP MOVE: 8-12%
Links To Latest News and Headlines
The historically eye-popping equity valuations emerging from the pandemic clearly unnerve company analysts – but the macro market take on pricey stock movements appears far more zen. A flood of global money supply required to keep business and households afloat through the economic stop demanded by COVID-19 appears to some to have blown serial bubbles in everything from Big Tech to Tesla, bonds to bitcoin, and anything green to gold.
Jan.19 — Elon Musk’s confirmation that Tesla will enter India sparked off excitement among electric cars fans, but still it may be the hardest market for the company to crack. Katrina Nicholas reports on “Bloomberg Markets: Asia.”
Tesla Inc. (NASDAQ: TSLA) and Bitcoin (BTC) are more likely to see their values halved than doubled over the period of next 12 months, according to the majority of respondents in a Deutsche Bank survey published Tuesday.What Happened: Deutsche Bank surveyed 627 market professionals last week, with 89% of respondents saying they find some financial markets to be in the bubble territory, as first reported by CNBC.”When asked specifically about the 12 month fate of Bitcoin and Tesla — a stock emblematic of a potential tech bubble — a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers,” Deutsche Bank said, as per CNBC.The survey respondents rated Bitcoin 10 out of 10 on the bubble scale while U.S. tech stocks overall got a score of 7.9.Nevertheless, Deutsche Bank noted that survey respondents see “easy monetary situations” as likely to continue through 2021 with the Federal Reserve unlikely to tighten monetary policy before the year is out.Why It Matters: Bitcoin’s spectacular rally saw it hit an all-time high of $41,429.38 on Jan. 8 from trading below the $10,000 level in July last year.The apex cryptocurrency has since cooled-off, trading at around $35,962 at press time.According to JPMorgan analysts, Bitcoin could cross the $40,000 mark again in the coming weeks if investor interest in Grayscale Bitcoin Trust (OTC: GBTC) remains high. If that fails to happen, the cryptocurrency risks further crash.Tesla too has seen a massive 700% over the trailing one-year period, with Elon Musk becoming the world’s richest person — overtaking Amazon.com Inc.’s (NASDAQ: AMZN) Jeff Bezos. Nevertheless, the EV maker continues to inspire optimistic price targets from analysts, with Wedbush’s Daniel Ives giving a bull case target of $1,250.See Also: Chasing Tesla, Major Tech Companies Team With Automakers To Enter EV SpacePrice Action: Tesla stock closed 2.23% higher at $844.55 on Tuesday, and traded about 0.15% lower in the after-hours.See more from Benzinga * Click here for options trades from Benzinga * JPMorgan Sees Bitcoin Crossing K Again In Coming Weeks, If This Key Condition Is Met * Bitcoin Rally Pause Gives DeFi, Smart Contract Cryptos The Time To Shine(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After two days locked up in an Italian prison, American Max Craddock was finally able to make his case to a judge. Craddock had been arrested in the Sardinian port city of Olbia in June 2018 after trying to board a private party bus with a collectible flamethrower from Elon Musk’s latest startup, The Boring Company. Craddock had painted his flamethrower black, and written on it the name of a floating music festival in the Bahamas he had attended the previous year while starring in reality TV show Unanchored.
Nicholas Colas, DataTrek Research co-Founder, joined Yahoo Finance Live to discuss today’s market moves and his outlook for 2021.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR (3PM EST) for most events.
“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 preliminary study reveals a negative market reaction to the target release. We are reviewing additional data – but it looks like a miss on some of the metrics. All eyes are on deliveries and future clues about any weakness in sales and deliveries. They may beat on the bottom line – but not going forward..
We are biased SHORT on the event.
___________________
OUR TRADE PLAN:
ENTRY: SELL – end of day
STOP LOSS: NA
INITIAL PROFIT TARGET: 7%
___________________
TRADE ASSIST: YES
POST RELEASE ACTION:
[/mepr-show
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 striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.