Ticker delayed 20 minutes
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
Tesla had an underwhelming second quarter. Is it a buying opportunity?
Apple, Microsoft and other titans report earnings this coming week, with AI in focus. The Fed is expected to signal rate cuts soon.
The Mag 7 group is expected to see +26.8% earnings growth on +13.7% higher revenues, penciling in another strong showing. Can their results lift the market higher?
The auto sector experienced a challenging week, with major players Tesla (TSLA), Ford (F), and General Motors (GM) all reporting weaker-than-expected earnings. Dan Levy, Barclays senior autos analyst, joins Market Domination to discuss the current state of the auto industry. Levy identifies a trend in the auto industry: “a pivot to demand constraints and away from supply constraints.” He explains that in recent years, demand was strong while supply was weak. However, “that’s really flipped this year,” with automakers now “grappling with this reality” of softer demand. Regarding the potential impact of the upcoming election on the electric vehicle (EV) market, Levy notes that automakers will likely continue with their product planning cycles “regardless of who is in office”. However, he points out that a Trump-Vance administration could potentially change the Inflation Reduction Act’s EV tax purchase credit and might lead to softer regulatory mandates for the industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
The EV maker was clawing back from Wednesday’s steep losses despite another analyst bumping down the rating for its shares.
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.