JUMP REPORT
| Avg Daily Volume: 1,718,879 Market Cap: 47.42B Sector: Technology Short Interest: 7.39 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .41/share REV: 813.9/M
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LAST QTR: EPS: .32/share ACTUAL: .41/share (BEAT)
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NEXT QTR: EPS: .39/share REV: 864.9/M
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FY19: EPS: 1.66/share REV: 3,550/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS HISTORY: 87% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) -5.45, 14.49, -10.00
POTENTIAL JUMP MOVE: 8-10%
Links To Latest News and Headlines
Enterprise software names are staging one of their sharpest single-day reversals of the year, and the catalyst has less to do with their own fundamentals than with what is happening in a completely different corner of the market.
Stock Market Today: The Dow Jones index jumps on hopes of U.S.-Iran talks. Memory plays lag after CXMT IPO. Nvidia stock falls amid OpenAI move.
All three major indexes were lower than they started today’s trading session, and chip stocks were leading the march lower. The Nasdaq was down 0.6% while the S&P 500 fell 0.3%, a reversal from early gains. The Dow was up, 0.2% or 89 points.
Enterprise software providers, many left behind in the artificial-intelligence boom, were the apparent beneficiaries of a pullback in chip and hardware stocks. Workday the human-resources software provider, was the top performer in the large-cap index on Monday, jumping 9.3%. Altogether, the much-watched exchange-traded fund, or IGV, rose 4%, while the ETF, or SOXX, slumped 3.1%.
FTSE 100 up 45 points at 10,781 Oil prices drop as US and Iran pause strikes AstraZeneca and Vodafone report as results season ups a gear 5.35pm: Stocks gain The FTSE 100 added 45 points to finish the day at 10,781 amid a pause in US-Iran fighting. “The resilience of European…
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