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CHN.TECH has benefitted from signals that China’s regulatory clampdown of tech is being relaxed and from the loosening of China’s strict Covid-19 regulations.
The streaming giant had a tough 2022, but managed to react during the second half, so markets eagerly await the latest quarterly results, which are due on Thursday January 19, 2023
JPM.us is trading in its bullish area between its upper blue and red bands. The red Bollinger bands are expanding away from each other as volatility increases (black ellipses). Its stochastic is trading in its upper quintile (green rectangle), denoting an underlying bullish momentum. Its Q4 EPS beat expectations coming in at $3.57 ($3.07), and revenue was $35.57bn ($34.3bn - estimate).
BAC.us is trading in its bullish area between its upper blue and red bands. Its RSI is trading on the bullish side of 50 (aqua rectangle) and the stochastic is in its bullish quintile (red rectangle). The Bollinger band squeeze (green vertical rectangle) suggests that volatility will expand, and if the indicators maintain, this expansion is likely to be to the upside. For its Q4 earnings, EPS came in at…
Tomorrow sees the Q4 earning season kick off, with several US banks reporting. We examine FXCM’s US Banks basket (US.BANKS), which comprises JP Morgan Chase, Bank of America, Wells Fargo, Citigroup, and Capital One Financial.
During the week of December 5-9, Disney launched a new streaming subscription plan that includes advertisements, the US FTC sued to block Microsoft acquisition of Activision, Uber launched a robo-taxi service and more
The merging of teams may already yield favourable repricing. The Goog.us daily chart is trading between the upper blue and red bands in its bullish channel. The hourly EMAs have crossed positively (black ellipse). If the stochastic follows suit (red ellipse) and moves to the 80+ region (blue arrow), an underlying bullish moment will build on the short-term chart
If the real rates start reflecting dovishness or a softer terminal rate, and given the inverse cc, the FXCM FAANG basket may be a beneficiary. This is because the FAANGs are sensitive to interest rate changes. As such, we continue to monitor.
The Walt Disney Company reported its latest quarterly results, which revealed that its gap over Netflix on paid subscribers broadened, but its top and bottom lines were a source of disappointment
During the week of October 31-November 4 European automakers and Chinese EV startups were in the spotlight, along with ride-hailing firm Uber and other corporations from various sectors
The social media giant registered a slide in both its top and bottom lines during the third quarter, while the segment responsible for delivering the Metaverse posted another loss
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