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SP 500 Stocks Trending Bullish. Warning sign of recessionHi! 2021 was uptrend year for Stocks, despite global pandemic. It seems like US stocks will continue to rise in Q1 of 2022, because of location of rising channel resistance, I expect high at 5200-5400ish range. After that I think price should make a rebound to close the gap at $4000, this would be triggered by some economic disaster or ideology shift. Stay positive and don't lose focus on your investment plan. Every big dip in Stock market is an opportunity to change your life. Best regards Artem Shevelev
TVC:SPXLong
by ArShevelev
10
SPX starting to work againA lot of FUD from the FED meeting today. However, this was an important week for the SPX and markets. Everything has already been priced in. The SPX has now printed a bullish engulfing on the 4h. Although not as powerful as others I have seen, it is still a bullish sign. In my opinion, we are in the process to create an inverted head and shoulder. It is now forming the right shoulder. The retracement was precisely at 50% of the previous wave cycle, and it has also stopped at the end of wave 4 of the last cycle. I am now expecting a good bounce from here with this nothing burger news from the feds today. The following month should be good, eyeing 5130 as a target setting a new ATH. Remember, markets can always turn, and I can be dead wrong, so I will place a nice stop loss to protect my eventually sorry ass. Although sharing ideas, bullish, bearish, and targets the crucial component of a successful trader, it is a perfect risk management strategy...so do not sleep on it and educate yourself. FOLLOW ME, SHARE, LIKE AND COMMENT
SP:SPXLong
by CFcryptoTA
2
$Enzc where do we go from here??? The chart broke down from our previous wedge, causing a wide broadening formation. We broke below the 0.618 fib level, would have liked to see a sustained volume shelf there creating a better support. Price will need to bounce from 0.1011 and close above that level or we will continue to see continued selling pressure. EXPECT ALOT OF VOLATILITY FOR THE REMAINDER OF DECEMBER! I still haven't sold a single share and will continue to aquire more every chance I get (seems more now than ever) Know your 50/30/20 rule! 50% of what a stock does is determined by what the overall market does 30% of what a stock does is determined by what the sector & industry group does 20% of the movement of the stock is determined by the analysis of the stock itself
OTC:ENZC
by OptionStonker
HUGE BUYING opportunity on Best Buy (BBY) for a move up to $150 We've just opened a LONG position on $BBY using 5.38% of our equity. Fundamental Analysis Best Buy's (NYSE:BBY) latest earnings report delivered better-than-expected results and signaled that the company’s business remains remarkably strong across all segments. It was expected to spark investors’ interest considering the fact that we usually see an increased demand for the retail stocks heading into the holiday season. Sales trends beat expectations again thanks to strong demand in both the online and in-store channels. What’s even more important is that the profitability of the company increased again despite the rising supply chain costs that the senior management has had to battle with. Both, the company’s CEO – Corie Barry and Best Buy’s CFO – Matt Bilunas confirmed for a 3rd consecutive time this year their positive outlook for the huge growth opportunities ahead for the business. So you might be wondering - “Well, if the earnings report was so great, why has the stock sold off so dramatically?”. The thing is, it’s normal to be confused as in reality it does not make any sense for the average person. However, as trained market professionals we have the ability to dig deeper and apply a multi-varied analysis to a situation like that in order to find out what is really going on and if the selloff like that is not actually an opportunity in disguise. What tends to happen very often on Wall Street is – when a certain company continues to deliver better-than expected results and raises its guidance quarter after quarter, then this reaches to a point when analysts, investors, journalists, fund managers etc. become overly bullish on the stock and start placing unrealistic expectations for the future growth of the company. It’s all sunshine and rainbows until these expectations become completely detached by what’s actually possible to be accomplished by the company. At one point the positioning in the stock simply becomes heavily one-sided, and a seemingly good earnings report and/or announcement by the company can become the trigger for a massive selloff in the stock, just because it was not "good enough", even though the business is solid, the stock is attractive and the future for the company is bright. That’s exactly what we are seeing happening right now with Best Buy’s stock BBY. Following management's delivery of the report on Nov. 23, Best Buy share prices slumped immediately by more than 10% due to traders' unjustified fears that the boom times are ending for the retailer. Even if conditions for the retailer are going to shift, however, that's not likely to derail Best Buy's ability to deliver strong returns. The recent post-Q3 earnings selloff is heavily overdone and investors are unjustly punishing the stock. The business is strong. Revenues are increasing. The earnings continue to grow. The Senior Management has been outstanding in capturing the surge in online shopping and establishing a leading position in the sector. New services with a relatively high profit margin like the Best Buy Total Tech Support powered by Geek Squad are offering a unique solution to the tens of millions of people who prefer to work from home, thus opening a whole new subscription based revenue stream for the company, which is definitely going to drive the company growth for the years to come! Technical Analysis From a technical standpoint, the stock managed to break out of its 18-month sideways channel on the daily chart in early November, 2021 as a result of the great business prospects for the company and it’s strong financial performance. After breaking above the strong horizontal resistance line lying at the $121.49 level (black horizontal line), the price rallied all the way up to the $142 mark, thus setting a new all-time high and also recording a remarkable 40% rally in less than 4 weeks. The optimism in the stock reached its peak level right before the company announced its Q3 Earnings report, as it seemed that investors already knew that the stock has substantially overextended to the upside and that a correction was imminent. We saw a reversal daily candle (shooting star) on Nov. 22Nd, which confirmed the shift in the market sentiment. The crash that followed was mainly driven by one-sided positioning and over speculation by market participants. The current corrective movement has brought the stock back down at the lower end of its prior multi-month sideways channel and we expect buyers to start coming back into the stock at these levels. All three key market indicators that we use RSI, Bollinger Bands and the Stochastic oscillator are showing that the price is extremely oversold and that a normalization of price action is imminent. Our analysis shows that the stock will return back to its all-time highs of around $140 in the next 2-4 months and will potentially push higher towards the $150-175 region. This presents a tremendous opportunity for generating more than a 30% return on our investment in the company. Follow us on eToro for more detailed market analyses, profitable trading ideas and a consistent portfolio performance! Kind regards, @DowExperts
NYSE:BBYLong
by DowExperts
Only the beginning Hi during my analysis of DJI I have seen multiple indicators to lead me to my conclusion that the market will continue in a downward direction. First off is there was a trading gap at the 15k level that has never been addressed and will eventually be filled. There is never a time frame but taking into consideration that the market is making bearish moves downward this would make most sense to happen in the near future. Also there was significant bearish divergence leading up to the crash which in turn means that it had a long period of time to build up and now we are going to experience the aftermath. Currently we have bounced right on the .5 Fibonacci line but I believe this to be temporary because no market can reverse vertically, and has never in history. Even in the 08 market crash there was a reversal pattern known as a inverse H&S which played out amazingly but in our current situation I can see no reversal patterns present. I believe that the market will continue to go down to the 15340 level and maybe form sometime of reversal there, but if not then 12035 level is more like the outlook. This is the .382 Fib and .236 Fib respectively. The longest running bull-market in history looks to have ended and the corresponding bear-market looks to have entered. Thank you all for your time and good luck on your trades!!!! -Robbby
TVC:DJIShort
by Robbby123
1
Microsoft | Fundamental Analysis | Must Read...Microsoft's stock price reached an all-time high after the tech behemoth published its first-quarter earnings report last Tuesday. The company's revenue increased 22% year-over-year to $45.3 billion, beating analysts' forecasts by $1.3 billion. Adjusted earnings surged 25% to $2.27 per share, $0.19 above expectations. For the second quarter, Microsoft management expects revenue growth of 16% to 18% year-over-year, which also beat analysts' expectations of 14%. Microsoft's performance is majestic, but some investors may not crave to buy its stock after its price has already risen almost 50% in 2021. Let's look at a few reasons to buy Microsoft stock, as well as one argument for selling it, to see if it is still an attractive investment at these prices. First and foremost, of course, is the growth of Microsoft Cloud Computing. Microsoft's dramatic growth over the past seven years has been booste by the expansion of its cloud services, particularly Azure, Office 365, Dynamics, LinkedIn, and other cloud software. The business records the performance of these businesses together as "Microsoft Cloud." In the first quarter, Microsoft Cloud's revenue grew 36% year over year to $20.7 billion, matching the 36% growth rate in the fourth quarter. Revenue from Azure, the most thoroughly supervised segment of Microsoft Cloud, grew 48% on a constant currency basis. That represents an acceleration from Azure's 45% growth on a constant currency basis in the fourth quarter and should allay fears of a possible slowdown. Azure's share of the global cloud infrastructure market also grew from 19% to 21% between the third quarters of 2020 and 2021, according to Canalys. That puts it in second place behind Amazon Web Services (AWS), whose year-over-year market share was unchanged at 32%. Microsoft probably could not have achieved this growth without Satya Nadella, who took over as third CEO in 2014 and aggressively expanded these services with his mantra "mobile first, cloud first." Second, we should not forget the recovery of favorable trends. Over the past few years, Microsoft has become a fast-growth company again, but it continues to return tens of billions of dollars to its investors. During the pandemic, several Microsoft enterprise services, including Office 365 Commercial, Dynamics 365, and LinkedIn Marketing Solutions, were disrupted as businesses closed. However, as businesses resumed operations, those factors eased. In the first quarter, Office 365 and Dynamics 365 provided an acceleration in growth on a constant currency basis, and LinkedIn Marketing continued to grow. The growth of these "resurgent" segments, along with the continued growth of Azure and other cloud services, is offsetting the slowdown in Microsoft's Surface and Xbox units, which suffered from chip shortages and other supply chains constraints in the first quarter. Finally, it's returning a lot of cash to shareholders. In the fiscal year 2021, Microsoft spent more than $39 billion on dividends and stock buybacks, accounting for about 70% of free cash flow (FCF). The company will spend another $10.9 billion, or 58% of FCF, on both activities in the first quarter of 2022. Microsoft's forward dividend yield of 0.8% won't drag serious investors, but the company has reduced its stock by nearly 10% over the past seven years, offsetting the dilution from stock-based compensation plans. Still, there is one single reason to sell Microsoft: its valuation. Today Microsoft is worth $2.4 trillion, about eight times its market value of $300 billion when Satya Nadella became its CEO. The company's stock currently trades at 13 times this year's sales forecast and 35 times its earnings forecast. Those estimates are slightly overstated compared to analysts' expectations for sales growth of 14% and earnings growth of 9% this year. Massive market capitalization and high valuations could make it tough for Microsoft to repeat its multiple growth over the past seven years. Microsoft stock is priced very high, but bears have been sounding the alarm about th is for years while the company's stock has been soaring. Still, most would agree that Microsoft deserves such a high valuation because it is still a perfect long-term investment that will continue to profit from the expanding cloud services market.
NASDAQ:MSFTLong
by FOREXN1
2
IBM | Fundamental Analysis | Must Read...IBM shares fell nearly 10 percent to a seven-month low on Oct. 21 after the tech behemoth released a weak Q3 report. IBM's revenues rose just 0.3 percent from a year earlier to $17.6 billion, $190 million less than forecasts. But excluding divestitures and foreign exchange rates, the company's revenues were down 0.2%. Excluding the impending Kyndryl spin-off, IBM's revenue was up 2.5% in the period. Excluding divested businesses and foreign exchange rates, "excluding Kyndryl" earnings were up 1.9%. IBM's GAAP earnings, which include Kyndryl spin-off expenses, fell 34% to $1.25 per share. Non-GAAP earnings, which exclude those expenses, still fell 2% to $2.52 per share, but beat forecasts by one penny. IBM's performance was unimpressive, but it was in line with the outlook the company presented at an investor briefing in early October. Did investors exaggerate IBM's disappointing third-quarter report and create a new buying opportunity? As in previous quarters, IBM reported third-quarter earnings in five main segments: cloud and cognitive software, global business services, global technology services, systems, and global finance. IBM's cloud and cognitive software revenues grew thanks to double-digit growth in its cloud-related business, which offset low growth in its applications business and lower revenues in its transaction processing business. The global business services segment profited from strong demand for cloud services, consulting, application management, and global technology services. However, the Global Technology Services division weakened again, as weak growth in cloud services could not offset the continued decline in the Managed Infrastructure Services segment, which will be taken out by the Kyndryl spin-off. The company's systems division struggled because of cyclically declining sales of IBM Z and Power systems, and financing revenues declined amid lower demand for financing services and slow sales of used equipment. Once again, IBM's strengths failed to offset vulnerabilities, and investors were left attempting to find positives in lackluster reporting segments. However, this may all change as the "old" IBM ceases to exist. After IBM spins off from Kyndryl next week, it will present four new reporting segments: consulting (29% of continuing operations revenue in 2020), software (42%), infrastructure (25%), and finance (2%). IBM thinks these four segments will make it easier for investors to track the expansion of its faster-growing businesses. IBM expects the software segment, which includes Red Hat and other hybrid cloud and artificial intelligence services, to be a major growth driver. It also probably anticipates a streamlined consulting segment to better stand up to faster IT services and consulting companies, such as Accenture and Globant. IBM's infrastructure business, which includes the legacy systems business as well as other hardware products and services, is likely to remain underperforming. However, IBM's earnings outlook suggests that the company will focus on streamlining its business and cutting costs to improve margins. IBM believes that after the Kyndryl spin-off, it will deliver "sustained mid-single-digit revenue growth" from 2022 to 2024. The company believes this growth to be driven by the expansion of hybrid cloud and AI services that can be integrated with public cloud platforms such as Amazon Web Services (AWS) and Microsoft Azure. IBM probably realizes that it is too late to catch up with AWS and Azure in the public cloud market, but it can still use its large enterprise customer base and Red Hat's open-source software to develop services for the hybrid cloud, which sits between private clouds and public cloud services. IBM investors will get Kyndryl stock next month. If they keep both shares, they will initially receive a combined dividend equivalent to IBM's current dividend, but then both companies may reduce their payouts. It would seem that IBM investors should sell their Kyndryl stock immediately since the latter would likely have difficulty keeping up with companies like Accenture, but hold onto their shares of a "renewed" IBM to see if its plans to get out of the crisis work. Nevertheless, today is not a good time to buy IBM stock. Right now, the stock may seem cheap at 12 times forward earnings, but the company still faces stiff competition from Amazon and Microsoft, which are expanding their public clouds in a hybrid market, and an unstable infrastructure business could derail growth in its software and consulting business. Investors should wait for IBM to complete its spin-off and for results to improve for a few quarters before believing that the tipping point has arrived. Until then, they should buy other blue-chip stocks, not Big Blue.
NYSE:IBMShort
by FOREXN1
4