Earnings Calendar (23Sep24) Q3/2024 has started and a few interesting earnings are coming in the coming week. This includes Micron, JBIL, Accenture, Costco and Blackberry. Let us look at Accenture. Observations about Accenture: Essentials revenue grew from $31.8 billion in 2014 to $64.1 billion in 2023.  The operating profit grew from $4.2 billion in 2014 to $8.8 billion in 2023.  Earnings per share grew from $4.52 in 2014 to $10.77 in 2023.  The gross profit over a 10-year median margin is 30.7%.  The free cash flow based on a 10-year median margin is 13.6%.  The price-earnings (P/E) ratio is 30.2, which is a tad high.   The recent news about Accenture included the delayed promotions and their foray into the AI cloud. Investing dot com has a “SELL” rating for

Large companies that release their financial performance early in the reporting season often provide strong guidance for similar companies. $Netflix(NFLX)$ was the first to announce its Q1 performance after hours on April 18. Judging from the comparison between the performance of the quarter and market expectations, this was an "exceeding expectations" financial report, but it dropped by 4% after hours, also signaling that investors have identified areas that require caution. Investment highlightsRevenue growth 15% year-on-year , the best in two years, and an expected 13% to 15% growth in revenue for the fiscal year 2024. Netflix's revenue growth in 2024 depends on the results of combating shared accounts and the development of the advertising bus

Big-Tech’s PerformanceRisk-off mode on, with big-techs hit first. Strong earnings does not guarantee a strong surge, macro data brings greater pressure to the market, the Fedes maintain hawkish, combined with the Israel-Iran war, the upcoming technology stock earnings season will also not be optimistic. As of the close on April 18, all big-techs experienced a pullback, with the worst performers being $Tesla Motors(TSLA)$ at -14.13%, followed by $NVIDIA Corp(NVDA)$ at -6.56%, $Microsoft(MSFT)$ at -5.53%, $Apple(AAPL)$ at -4.57%, $Amazon.com(AMZN)$ at -5.2%,

🌟🌟🌟Even though there was a solid 1% rebound on Friday, the Dow Jones Industrial Average fell nearly 2% across last week, marking its worst weekly performance since October last year.  Nervousness has increased across the markets after several Feds officials including Jerome Powell, confirmed that patience is required before cutting interest rates given the strength of the US economy and the slight increase in inflation.  Rising geopolitical tensions also affected risk sentiment. This week, volatility could rise after 5 straight monthly gains with the release of US inflation figures, the minutes of the March FOMC meeting and the start of US earnings season. Q1 24 earnings season kicks off on Friday with JP Morgan, Wells Fargo and Citibank reporting. 

Hi all! I believe we are experiencing the start of the correction with this 5% pullback. Now might be too early to buy the dip as l expect this to be a correction rather than a pullback. We should see a correction of more than 10% from the indexes high but less than 20% so the bull market is still intact. In my opinion, we should be able to finish the year strongly and S&P 500 will be over 5500 points. Meanwhile, l am still investing 80% of my portfolio in stocks/ETF/options with 20% in alternative investments like commodities and cryptocurrencies. At the moment, my stock market investment is about 40% long positions and 60% short positions. I should share my main portfolio investments and please note it is all vested interests. Gold(5% invested)- l believe the gold ath bull run will c

Came across the above Tiger commentary and thought I'd share my opinions on my page for those interested. Had to break the following into 4 parts on the commentary due to word limit, so Pasting this here for those keen on reading one full piece. 🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸 Trigger alert: The following are opinions of mine alone and do not constitute financial advice. 🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸🌸 Contrary to what most people believe, going with the market flow makes more sense to me. You may say...  "Oh, I'm buying into companies with strong fundamentals anyway, so it doesn't materially matter and I'd just DCA if market falls".  However, when it comes to successful investing and capital accumulation, evaluating financials of companies is not everything.  Have you found yourselves catching falli

$NASDAQ(.IXIC)$  $DJIA(.DJI)$  $JPMorgan Chase(JPM)$  $Citigroup(C)$   Large U.S. banks kicked off the first-quarter earnings report season by disclosing higher-than-expected profits. But their net interest income—a key performance indicator for the sector—fell shy of projections. Thanks primarily to surging revenue from investment banking and trading activities, JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C) all surpassed consensus earnings projections from analysts surveyed by Visible Alpha. However, net interest income at each declined from th

In the US market after-hours yesterday, $Microsoft(MSFT)$ released its third-quarter report for fiscal year 2024, corresponding to the performance as of March 31, which far exceeded market expectations, sending its share price up 4.3%.Specifically, Microsoft revenue was $61.86 billion in the third quarter, up 17% year-on-year, exceeding analyst expectations of $60.9 billion, and even beating the management's guidance ceiling of $61 billion.Breaking it down by business segments:Intelligent Cloud revenue was $26.7 billion, up 21% year-on-year, exceeding the upper limit of 26.3 billion guidance given by management; Productivity and Business Processes revenue was $19.57 billion, up 11.7% year-over-year and approaching the upper end of management's gui

After most bank stocks had a rough start, both $Taiwan Semiconductor Manufacturing(TSM)$ and $Netflix(NFLX)$ fell over 5% despite significantly exceeding earnings expectations, mainly due to weak guidance from these companies.$Tesla Motors(TSLA)$ and $Apple(AAPL)$ performance may not bring much surprise. $NVIDIA Corp(NVDA)$ this week is struggling to defend $850.The trend of continuing decline and a sharp drop after earnings seems inevitable.In this situation, would you go with the flow of the market to cut losses?Or are you a steadfast believer who will hold on?For example, Nvid

Earnings Calendar (06 May 2024) earnngs of the week Some of the earnings of interests are Palantir, Disney, Rivian, Occidental and Tyson. Let us look at Tyson in detail. Observations: Revenue grew from $37.5 billion in 2014 to 52.8 billion in 2023. The operating profit suffered a drop in 2023. It fell from $4+ billion in 2021 and 2022 to $386 million in 2023. Earnings per share EPS has fallen from $8.92 in 2022 to negative $1.87 in 2023. This is of concern for the business. The management has offered increasing dividends per share over the last 10 years. The above is some of the news about Tyson. Most of these hurt the reputation. Despite the news, Investing has a strong buy rating for the stock. The stock is approaching its 52-week high. Analysts from Investing have compiled a p

Navigating a bear market can be a challenging experience for investors, but it also presents unique opportunities for those who are prepared. Here's an article that outlines strategies to consider during a bear market, including buying quality stocks at support levels, using options for bullish positions, and employing dollar-cost averaging. --- ## Strategies for Thriving in a Bear Market ### Understanding the Bear Market A bear market is characterized by a decline in asset prices of at least 20% from recent highs, often triggering widespread pessimism. However, for savvy investors, a bear market can be a time to invest in high-quality assets at lower prices. ### Buying Quality Stocks at Support Levels One strategy is to buy quality stocks in trenches at different support prices based on h

$S&P 500(.SPX)$ decreased 3.1% last week, $NASDAQ 100(NDX)$ plummeted 5.5%, causing market attention. TMaybe it’s not a bad thing to fall at this position. It can not only digest its overly strong expectations, but also help to restart the interest rate cut trade.Liquidity IssuesThe turning point of financial liquidity in the second quarter will put pressure on U.S. stocks.The difference between the Federal Reserve's balance sheet rule - TGA account - reverse repos is used to measure liquidity within the financial system, which is approximately equal to the scale of reserves in the commercial banking system. Recent changes are that the Fed's monthly balance sheet reduction is still ongoing, but the tax

With the banking sector earnings season about to kick off this week, I am actually closely watching for insights into the health of major banks such as $Citigroup(C)$  , $Wells Fargo(WFC)$  , and $JPMorgan Chase(JPM)$  . The earnings reports from these banking giants will provide valuable information on the overall performance of the financial industry and may set the tone for the broader earnings season. Indeed, to certain extent, I am quite optimistic about the earnings prospects for big banks, given the recent strength in the economy and the positive trends in the financial markets.  Howeve

Since the Federal Reserve Chairman Powell indicated that the interest rate cut will come later than expected, the stock market has continued to decline amid multiple bearish news. The Fear & Greed Index has shifted from “greed” a month ago to “fear”. The American bank stocks have fared poorly. Except for $Goldman Sachs(GS)$ and $Morgan Stanley(MS)$ , most of major banks missed their estimates and declined after earnings. $JPMorgan Chase(JPM)$ fell the most, declining by over 6% in response to disappointing net interest income. $Wells Fargo(WFC)$ , $Citigroup(C)$ , $Bank of America(BAC)$ also followed the downtrend. My strategy is to buy low this earning season. Take a que from Singapore banks’ stock all breaking out and jump higher these days.

After hours yesterday, chip giant $Texas Instruments(TXN)$ released its first-quarter report, and the results were better than expected, sending its stock price soaring over 7%.Specifically, TI raked in $3.66 billion in revenue for the first quarter, down 16.4% year on year, the largest decline since 2014, but exceeded analysts' expectations of $3.6 billion, at the high end of the management's guidance of $3.45-3.75 billion:The sales slide hit TI's profitability hard. Its gross margin for the quarter was 57.2%, and its net adjusted profit margin was 24.9%, both significantly lower than the same period last year.Behind the numbers, it's all about lackluster demand. TI's products are mainly used in industrial and automotive markets, which combined co