JUMP REPORT
| Avg Daily Volume: 20,607,398 Market Cap: 88.51B Sector: Consumer Goods Short Interest: 14% |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.36/share REV: 5,900/M
___________________________________________________________
LAST QTR: EPS: 1.72/share ACTUAL: 2.06 share (BEAT)
____________________________________________________________
NEXT QTR: EPS: -.1.82/share REV: 5.010/M
______________________________________________________
FULL YR: EPS: -2.33/share REV: 27,450/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
__________________________________________________________________
BEAT/MISS RECORD: 34% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 12.02, 10.73, -14.84
EXPECTED JUMP MOVE: 10%
——–
*** With market volatility at extremes during the coronavirus pandemic 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
Two major chipmakers this week gave very different views of whether soaring demand for semiconductors will start to ease in the second half of the year, and it may take another round of earnings next week to settle the question. Texas Instruments on Wednesday gave a third-quarter sales forecast that was essentially flat, with company executives declining to say what the year’s final quarter might look like, a hint that orders might be slowing. By contrast, Intel Corp on Thursday raised its full-year forecast, with Chief Executive Pat Gelsinger saying it could take the chip industry two years to catch up with “explosive demand” and predicting that a boom in PC sales driven by pandemic work-from-home arrangements would carry through next year.
The Dow Jones Industrial Average rallied 200 points Friday, as Snap and Twitter jumped on earnings beats. Chinese education stocks crashed.
Intel’s stock slumped on Friday after the company warned investors about how it would face a chip shortage into 2023 in its earnings report. Anand Srinivasan, Bloomberg Intelligence Analyst, joins Yahoo Finance’s Akiko Fujita and Zack Guzman, to discuss Intel’s earnings, how the chip shortage will continue to impact it, and what to make of the chip space overall.
(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger said the worst of a sales slump has passed and struck a bullish tone about the chipmaker’s prospects for the rest of the year and beyond. Investors are waiting to see proof that the company can regain dominance in the semiconductor industry.The key to winning them over will be Gelsinger’s ability to lure back some of the largest companies in technology — cloud giants like Amazon.com Inc. and Alphabet Inc.’s Google — whose purchas
Nvidia chips power a future of self-driving cars and cloud gaming, while the global semiconductor market is in a supply crunch. Is Nvidia stock a good buy now?
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (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”
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.
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.