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Moderna's Surprising Profit Signals Post-Pandemic PivotModerna ( NASDAQ:MRNA ), the pioneering vaccine maker, reported a surprise fourth-quarter profit, sending ripples of optimism through the market. Bolstered by unexpected revenue and strategic cost-cutting measures, the company's resilience amid shifting tides in the pharmaceutical landscape has drawn both attention and applause. Unveiling the Numbers: Moderna's ( NASDAQ:MRNA ) fourth-quarter profit stood at a commendable $217 million, or 55 cents a share, defying analyst expectations of a substantial loss. This unexpected triumph was fueled by a combination of factors, including unforeseen deferred revenue and a strategic overhaul in manufacturing operations. The company's ability to navigate challenges and adapt swiftly underscores its agility and forward-thinking approach. Navigating the COVID-19 Landscape: While Moderna's COVID-19 vaccine continues to be its flagship product, generating substantial revenue, the company is strategically diversifying its portfolio. Despite a decline in COVID vaccine sales from 2022 to 2023, Moderna ( NASDAQ:MRNA ) remains steadfast in its commitment to innovation. The imminent approval decision for its respiratory syncytial virus (RSV) shot marks a significant milestone in this diversification strategy, offering a glimpse into the company's post-pandemic roadmap. Looking Beyond COVID: Moderna's ( NASDAQ:MRNA ) ambitious roadmap extends far beyond the realm of COVID-19. With plans to launch its RSV shot in key markets and a robust pipeline of experimental shots targeting influenza, cancer, and cytomegalovirus, the company is poised for a transformative journey. Despite concerns over efficacy declines compared to rival offerings, Moderna's ( NASDAQ:MRNA ) unwavering focus on research and development signals a bold leap into uncharted territories. International Endeavors: Moderna's ( NASDAQ:MRNA ) participation in the EU Health Emergency and Response Authority’s tendering procedure underscores its commitment to global health initiatives. By prioritizing key international markets and aligning with strategic partners, the company aims to broaden its reach and impact. The forthcoming decision on the EU tender is poised to shape the company's trajectory in the global arena, setting the stage for future collaborations and expansions. Charting the Course Ahead: As Moderna ( NASDAQ:MRNA ) reaffirms its 2024 forecast amidst shifting market dynamics, the company remains steadfast in its pursuit of excellence. With a projected $4 billion in sales and a focus on operational execution, Moderna ( NASDAQ:MRNA ) is poised to navigate challenges and seize opportunities in the years ahead. Conclusion: Moderna's ( NASDAQ:MRNA ) unexpected profit surge and strategic roadmap offer a compelling narrative of resilience and innovation in a rapidly evolving landscape. With eyes set on new horizons and a steadfast resolve, Moderna ( NASDAQ:MRNA ) emerges as a beacon of hope in the post-pandemic world.
NASDAQ:MRNALong
by DEXWireNews
GRPN on a one month breakout LONGThis is to follow up my previous idea on Groupon. On the 2H chart, price is in a one month sustained breakout from the volume profile and into the upper VWAP band lines both anchored for end of 2023. The faster green RSI line crossed the 50 about the same time and basically has not looked down. The slower RSI line has slowly risen from 55 to 65. This is in the consumer discretionary sector and hot necessarily hinged to technology stocks. I see this as rock-solid as it gets. I will load more shares now and also load more ona dip There was a big earnings miss in November and then Goldman Sachs raised its target from 5 to 7.5 which seems like a big adjustment after an earnings miss. I suppose GS knows their stuff.
NASDAQ:GRPNLong
by AwesomeAvani
SolarEdge to Reduce 16% of Workforce SolarEdge ( NASDAQ:SEDG ), a prominent player in the renewable energy sector, finds itself grappling with significant challenges as it navigates through turbulent market conditions. Despite its innovative solutions and prior successes, the company's recent performance has been overshadowed by a slew of setbacks, including a stark downturn in revenues and a daunting inventory backlog. Earnings Report The company unveiled a bleak outlook for the first quarter of 2024. With revenues projected to range between $175 million to $215 million, substantially lower than analysts' expectations of $406 million, SolarEdge's ( NASDAQ:SEDG ) stock took a nosedive, plummeting as much as 23% in extended trading. This downward spiral comes on the heels of a challenging period marked by persistently high-interest rates and sluggish demand in the residential solar market. CEO Zvi Lando attributed the company's woes to a confluence of factors, including adverse market dynamics and an inventory glut resulting from a sudden downturn in demand. SolarEdge ( NASDAQ:SEDG ), known for its expertise in manufacturing inverters crucial for converting solar power into electricity, found itself saddled with excess inventory amidst weakening sales. Lando highlighted the struggles faced in both European and U.S. markets, with the latter expected to remain subdued until interest rates witness a significant decline. To address the looming inventory backlog and mitigate the impact of dwindling revenues, SolarEdge ( NASDAQ:SEDG ) announced sweeping measures aimed at cost reduction and operational streamlining. This includes a substantial workforce reduction of 16%, closure of select manufacturing sites, and strategic exits from certain business segments. While these measures are aimed at bolstering the company's resilience in the face of adversity, the road ahead remains fraught with uncertainties. Looking ahead, CEO Zvi Lando expressed cautious optimism regarding the potential rebound of the European residential solar market in the first quarter, followed by gradual improvement thereafter. However, the timeline for clearing the inventory backlog extends well into 2024, underscoring the prolonged challenges confronting SolarEdge ( NASDAQ:SEDG ). Amidst intensifying competition and a rapidly evolving regulatory landscape, the company finds itself at a critical juncture, requiring swift and decisive actions to regain its footing in the market. Conclusion: SolarEdge's ( NASDAQ:SEDG ) recent travails serve as a stark reminder of the inherent volatility and challenges pervasive in the renewable energy sector. As the company charts its course through choppy waters, stakeholders remain vigilant, awaiting signs of a potential turnaround. The path ahead may be fraught with obstacles, but with prudent management and strategic initiatives, SolarEdge ( NASDAQ:SEDG ) retains the potential to emerge stronger and more resilient in the long run.
NASDAQ:SEDG
by DEXWireNews
ROKU- Bearish Divergence gives guidance LONGROKU sold off after okay not great earnings- obviously a large number of market participants took their money off the table and moved it elsewhere. There was a typical or excessive price run-up in the pre-earnings period. This chart set in a 15-minute time frame as well as 15 minute time frame on the RSI laid onto the main chart shows bullish divergence which otherwise might be subtle. It is the key to the trade entry. It is saying get on the train before it leaves the station. Chasing the train is a futile endeavor fraught with failure and frustration. ( Yes, the hot tip is boldfaced for emphasis) Price is sideways at this time. The relative volume indicator shows a huge 4X surge in volumes at the consolidated bottom verifying it as such. This is Wychoff's theory in action for sure. I am now part of that volume. I am an avid bottom buyer like many others. I take great pains to analyse for the bottom, unlike some others who run on gut or sentiment. I hope you find this analysis helpful. If you do, please give me a thumbs up. Once you have, feel free to ask as to the specifics of my trading plan now implimented.
NASDAQ:ROKULong
by AwesomeAvani
2
Bending Trends Can Warn of Institutional RotationThe Daily chart of NASDAQ:PANW shows a short term bend in the trend which is common when Giant Buy Side Institutions are in quiet rotation mode to lower inventory, attempting not to disturb price. Also, Volume Oscillators and Money Flow indicate selling hidden mostly in price that is being carefully controlled. The stock reports today. This doesn't mean that HFTs have this information nor does it mean that HFTs won't gap it up. It means IF you are holding this stock for a swing trade, risk has increased for a possible run or gap down.
NASDAQ:PANW
by MarthaStokesCMT-TechniTrader
NASDAQ-100 and QQQ facing correction?We have been seeing a massive rally led by tech since last 2023 continuing in 2024. Personally I was expecting a major pullback in the first weeks of 2024 but it was just a very small one. Earnings continue to be decent, but in many sectors is getting disappointing and we have to remember that the tech heavy ETF and the index is basically NVIDIA, and some other semiconductor hype based on AI and the potential for transformation. Technical data points to another small pullback but Wednesday-post market(NVIDIA earnings) will determine how deep this pullback is, based on investor sentiment on the current semiconductor industry and AI prospects of impact.
NASDAQ:QQQ
by Sappx
ROKU falls after an earnings beat dissapointmentROKU on the 30 minute chart had a sell-off after earnings which were okay not great. Traders reacted. The question is whether it was an overreaction. I think it was. I am looking for a slow recovery over a week or more to at least the standard retracement level which I will call 98 as drawn by the tool. further upside targets are 101 and 104 based on VWAP bandlines. Buying on the discount is sometimes an excellent tool to reduce risk and use the reversion to the mean to best advantage and seize an overreaction in the market.
NASDAQ:ROKULong
by AwesomeAvani
Toast Plans To lay Off 10% of its Workforce, As Growth SlowsToast, ( NYSE:TOST ) maker of restaurant management software, stated on Thursday it will lay off 550 employees, about 10% of its workforce. The company also reported fourth-quarter earnings that beat Wall Street’s expectations. Several Tech companies have instituted layoffs in 2024. On Wednesday Cisco ( NASDAQ:CSCO ) said it would eliminate 4,000 jobs as sales declined and clients became even more cautious about spending. Toast’s ( NYSE:TOST ) shares were initially up as much as 16%.88 after hours but then gave back much of the gains. According to the recently published report, the company's earnings per share were a loss of 7 cents per share, which is better than the expected loss of 11 cents per share. The revenue for the quarter was $1.04 billion, which exceeded expectations of $1.02 billion. Toast ( NYSE:TOST ), as per the statement released by the company, saw an increase of nearly 35% in revenue as compared to the previous year. Its net loss of $36 million in the current quarter is an improvement from the $99 million loss in the same quarter last year. The company has allocated $250 million for share buybacks. The pandemic led many restaurants to adopt Toast’s mobile ordering and payment tools, which helped double the company’s revenue. Shares debuted on the New York Stock Exchange in 2021, amid that uptick. Demand has sublimed since then, down from 37% in the third quarter and about 45% in the second quarter. Toast ( NYSE:TOST ) faces increasing competition from the likes of Block, Fiserv, and Shift4, Bank of America analysts wrote in a December note as they reduced their rating on the stock from buy to neutral. Toast’s ( NYSE:TOST ) new layoffs should result in $45 million to $55 million in charges, mostly in the first quarter, and $100 million in annualized savings. Those cuts come weeks after Aman Narang, Toast’s co-founder and COO, replaced Chris Comparato as CEO. Under Comparato’s leadership last summer, Toast ( NYSE:TOST ) began to charged a fee of 99 cents for each online order that totaled more than $10. Consumers and restaurant owners objected, prompting urging the company to eliminate the surcharge.
NYSE:TOSTLong
by DEXWireNews
ROKU runs to Earnings ROKU on the 15- minute chart with an overlaid volume profile and anchored VWAP bands demonstrates a high volume area breakout on Tuesday last week having passed through the entire high volume area bottom to top the previous 24 hours. On those days it had a burst of volume. The volume is constant and consistent. Earnings are in two days. More volume spiking has been seen in the last trading session. I see this as an excellent long trade setup as a swing trade for the rest of the week into next if the earnings are better than they were last November
NASDAQ:ROKULong
by AwesomeAvani
SHOP solid growth and strength into earningsOn the 4H chart SHOP has been trending up since last fall when it fell through the high volume area and then rebounded crossing through it and rebounding. Earnings have been solid beats for over a year. Volume is persistent and steady while the relative strength rising from a bounce down to the 50 level to begin this month. This is a solid earnings play but also could be a long term investment but not until there is another dip or minor correction to set up for a low risk entry. Last earnings gave SHOP about $10-12 in a quick price pop. I am looking for something in the range of $6-8 higher as a conservative target
NYSE:SHOPLong
by AwesomeAvani
3
CHEF rises in price and volume for earnings LONGChef's Warehouse reports in two days. This is a slow grind it out type of stock. In the past week volume spiking is seen on the indicator with the blue bars pointing out aberrancies in volume otherwise called spikes. On the volume profile, CHEF fell down and out of the high volume area of the profile for much of February but on Thursday the 8th re-entered it and pass through it and breaking above it all in the same day. This is a rather explosive reversal pattern. Price has maintain itself above the area in the past two trading session. The past week saw more than a 6% rise for CHEF. This trade is best suited for investors, patient swing traders or those trading options. This is not an intraday stock trade.
NASDAQ:CHEFLong
by AwesomeAvani
PSN Engineering Consultants /Design LONGParsons reports in 2 days. This multinational engineering firm thrives on infrastructure projects like highways and bridges, airport runways and other engineering issues such as cybersecurity walware attacks, election interference, DOS wars, dams, irrigation projects, 100-year storm assessments and FEMA related work. I am very familiar with this multinational firm that someday will be consulting on the rebuilt of Ukraine and the Gaza Strip. It is a stable company with a bright and prosperous future. The chart shows investors reacting to the impending earnings report and taking positions. Volatility was extreme last Thursday one week before earnings. I will be adding to my long position in PSN. This is a slow and steady wins the race type of stock best suited to long term investors or traders with options strategies.
NYSE:PSNLong
by AwesomeAvani
HUBS - running since the big earnings beat in NovemberHUBS on the 3 0 minute chart has been trending up since the last earnings. It is above the high volume area of the volume profile. Basically it is so trong it is not attracting any short sellers. Waves of new buyers buy from the float or from those who are collecting their profits and making room for others. I got a share as a test with the dip the first week of January and another today. I see this as intermediate term swing trade. If earnings is a huge beat again, I will get a third share when I see a dip or fade and then another before the next earnings. Options can be played for those with large risk capital on the sidelines. Seemingly, although HUBS does not get headlines a great gain is a reasonable potential.
NYSE:HUBSLong
by AwesomeAvani
Doge bullish journey to the Moon + the watch link!Following the announcement of the launch of Doge to the Moon, the bulls have dominated the market and the supply ranges have been greatly reduced, and the price of Doge as well as the price of Bitcoin are getting higher, and it is expected that this trend will continue until the landing of Doge on the Moon's surface. Dogecoin is supposed to launch to the Moon from the launchpad in next several hours, by SpaceX's Falcon 9 rocket. To watch the launch live, click on the following link: www.youtube.com or this: www.youtube.com
COINBASE:DOGEUSDLong
by GeraldMann
2
Shopify Q4 revenue tops Street estimatesShopify ( NYSE:SHOP ), the Canadian e-commerce giant, recently reported its fourth-quarter earnings, causing a stir in the market. While the company surpassed expectations in terms of earnings and revenue, its guidance for the upcoming quarter fell short, triggering a significant dip in its stock price. Let's delve deeper into what these results mean for investors and Shopify's future trajectory. Strong Q4 Performance: Shopify's ( NYSE:SHOP ) fourth-quarter results showcased impressive performance, with earnings per share reaching 34 cents adjusted, surpassing analysts' expectations by 3 cents. Revenue also exceeded forecasts, totaling $2.14 billion, fueled by a remarkable increase in gross merchandise volume (GMV) to $75.1 billion, a 23% rise from the previous year. This robust performance was primarily attributed to the surge in products sold on its platform, highlighting Shopify's continued relevance and dominance in the e-commerce landscape. Guidance Woes: Despite the stellar fourth-quarter results, investors were disheartened by Shopify's ( NYSE:SHOP ) conservative guidance for the first quarter. The company's projection of a "low-twenties percentage rate" revenue growth, coupled with a free cash flow margin expected to be in the high single digits, fell short of market expectations. Notably, Shopify's forecasted adjusted operating income of $178 million starkly contrasts with consensus estimates of $382 million, painting a picture of cautious optimism amidst market uncertainties. Market Response: The market response to Shopify's ( NYSE:SHOP ) guidance was swift and unforgiving. The company's shares tumbled approximately 10% in early trading following the earnings release, reflecting investor concerns over the gap between projected and anticipated performance metrics. Analysts from Wedbush emphasized Shopify's subdued outlook, highlighting the disparity between projected operating income and consensus estimates. This sentiment was echoed by the broader market, with many investors adopting a wait-and-see approach amidst lingering uncertainty. Future Prospects: Despite the short-term market turbulence, Shopify ( NYSE:SHOP ) remains well-positioned to capitalize on the burgeoning e-commerce landscape. The company's relentless focus on innovation and expanding its product offerings underscores its long-term growth potential. Additionally, Shopify's strategic divestiture of its logistics business signifies a commitment to streamlining operations and maximizing shareholder value. As the global economy continues to recover from the impacts of the pandemic, Shopify's ( NYSE:SHOP ) resilient business model and unwavering commitment to customer-centricity are poised to drive sustainable growth in the years to come. Conclusion: Shopify's fourth-quarter earnings report elicited mixed reactions from investors, with strong performance overshadowed by conservative guidance for the upcoming quarter. While short-term market fluctuations may unsettle some stakeholders, Shopify's robust fundamentals and strategic initiatives signal a promising future ahead. As the e-commerce landscape evolves, Shopify ( NYSE:SHOP ) remains a stalwart player, poised to capitalize on emerging opportunities and deliver long-term value to shareholders.
NYSE:SHOP
by DEXWireNews