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AXP

Down with American Express. AXP Another short in the financial markets. Short term outlook only. Immediate targets 159, 151. Invalidation at 214. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NYSE:AXPShort
by Rykin_Capital
Post 10/22 Q3 FY21' Earnings Analysis$AXP, $SAM, $HCA, $RF, $HON, $SLB All major averages finished last week in the green to post a third straight week of gains - Dow closing at an ATH - Big name earnings reports continue to drive markets $AXP - American Express - reported Q3 FY21' earnings of $2.27/share - beat estimates by 27.5%, bottom line increased 74.6% YoY - driven by growing revenues & strong segmental performances - partly offset by increasing costs $SAM - Boston Beer - reported Q3 FY21' earnings of $2.97/share - missing estimates of $4.04 per share - compares to earnings of $6.10 per share a year ago - this quarterly report represents an earnings surprise of (26.49%) A quarter ago, it was expected that this brewer would post earnings of $7 per share when it actually produced earnings of $4.72 - delivering a surprise of (32.57%) - over the last four quarters the company has beat EPS estimates just once $HCA - HCA Healthcare - reported Q3 FY21' earnings of $4.57/share - beat estimates of $4.10/share - compares to earnings of $1.92 per share a year ago - this quarterly report represents earnings surprise of 11.46% $RF - Regions Financial - reported Q3 FY21' earnings of $0.66/share - beat estimates of $0.53/share - the bottom line compares favorably with the prior-year quarter’s $0.49 - results were driven by a strong capital position, & a rise in deposit balances provided some respite - benefit from credit losses was a tailwind - lower revenues & rising expenses were major drags $HON - Honeywell International - earnings were $2.02/share - beat estimates of $2.01/share - bottom line soared 29.5% YoY - revenues were $8,473 million - missing the consensus estimate of $8,708M - top line increased 9% YoYr on a reported basis - rise was driven by strength in warehouse & workflow solutions, productivity solutions & services, & gas analysis businesses along with strong demand for building products as well as process solutions services and thermal solutions - also supported by a recovery in commercial aftermarket demand & solid growth in business & general aviation original equipment demand $SLB - Schlumberger - announced Q3 FY21' earnings of $0.36/share - in line with estimates - bottom line increased significantly from the year-ago quarter’s profit of $0.16 - total revenues of $5,847M - missed estimates of $5,940M but improved 11% from the year-ago quarter’s $5,258M - earnings were aided by a surge in stimulation activity in Argentina, stronger North American rig activity along with ramped up drilling operations at offshore & onshore international resources - this was offset by lower contributions related to Digital & Integration from Europe/Africa
SP:SPX
by jnallain1
Alarming sign in S&P500If you sort the market based on the YTD performance Financial sector would be the front runner in 2021..! Although big banks' stocks are traded at slightly lower prices these days, they outperform most tech stocks and major indexes in 2021..! this could be an alarming sign for S&P 500..! NYSE:JPM NYSE:BAC NYSE:WFC NYSE:GS NYSE:C NYSE:AXP a comparison between S&P 500 and banks performance in 2021: A comparison between big banks and major indexes' performance in 2021! Just to add the last cherry on the cake: do not forget when I published the post about NASDAQ front runner in mid-February 2021: All EV makers experienced a crash after that and never see the same price..!
TVC:SPX
by Moshkelgosha
6
American Express is about to join the trend of large selloff.More sell signals on the daily chart. This time there were many over the past few days for American Express. I was hesitant to call this one a sell after its activity on Friday, but the historical statistics agreed there is plenty more downside. This downside coupled with multiple agreements throughout the rest of the U.S. overbought markets further helped convince me the SELL signals from Friday's close are still valid. I have plotted all of the potential delays to the actual sell off followed by the potential target bottoms. All of these targets and days are based off of historical median and average price action when each signal triggers a SELL on the Daily chart. I received many major SELLs on Friday which is quite the confluence of future activities. I selected NOK, CAT, and AXP as there was a large amount of agreement across the timeframes. Last week was rough and preceded by a bearish MACD cross on the S&P 500 index. All of these signals taken together could spell a 20% correction in the near future. I can understand parallel sell signals in the defense and industrial equipment sectors, but the inclusion of AXP makes me think the market is about to get dropped quite a few pegs. Based on our more recent 5-10-20% drops, this one could be quick and preceded by the same unorthodox recoveries. The historical figures and reasons for each target are posted as always on my website in the signature block. Feel free to follow as we post new articles nearly everyday.
NYSE:AXPShort
by StockSignaler
3
American Express (AXP) ConsolidationI am not licensed or certified by any individual or institution to give financial or investment advice. I think American Express could be in a possible roll/consolidation. I have my horizontal Resistance and Support drawn with the orange lines. Key takeaways are the S&P 500, Nasdaq, Dow (to which AXP belongs), and Russell 2000 are all at Uptrend Resistance; and AXP itself is at what I see as its own Resistance as well as forming a Double Top/M. These technical indicators lead me to believe AXP is ready to begin going down. If you are an options trader you may want to decide if it's worth getting into some bearish positions. If you deal strictly with shares this may be a good time to consolidate your cash and prepare it for buying a dip near Support, either to set up for a short term rolling trade strategy or to buy for mid to long term investing purposes. Rolling patterns may present good opportunities for double dipping if you are an options trader. Puts going down and Calls going up. That's up to you. I don't currently own any positions in AXP. Let me know what you think, or if you have any questions.
NYSE:AXP
by AROD01
2
AXP - buy support zones analysisHello traders, Description of the analysis: American Express co. (AXP) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades. Jacob
NYSE:AXPLong
by Jacob_Kovarik