US Earnings

Posted on | by Leon Hinde | Leave a Comment on US Earnings

June quarter earnings: The market is expecting average EPS to be down 7% compared to the same time last year.

Week 4.

Monday, July 31 – Arista Networks, Yum China, Tenet Healthcare, and Western Digital.

Tuesday, August 1 – Merck, Pfizer, Advanced Micro Devices, Caterpillar, Starbucks, Uber, and Altria.

Wednesday, August 2 – CVS Health, Shopify, PayPal, Kraft Heinz, MetLife, Humana, Skillz, and Joby Aviation.

Thursday, August 3 – Apple, Amazon, Amgen, Anheuser-Busch InBev, ConocoPhillips, Booking Holdings, Opendoor Technologies, and Wayfair.

Friday, August 4 – Enbridge, Dominion Energy, Magna International, Nikola, and fuboTV.

Week 3

Monday, July 24 – Domino’s Pizza, Whirlpool, and NXP Semiconductors.

Tuesday, July 25 – Kimberly-Clark, Microsoft, Visa, Texas Instruments, Verizon, General Electric, Alphabet, and General Motors.

Wednesday, July 26 – Meta Platforms, Coca-Cola, Union Pacific, Boeing, AT&T, Chipotle, and Thermo Fisher Scientific.

Thursday, July 27 – Mastercard, AbbVie, McDonald’s, Comcast, Ford Motor, Intel, TotalEnergies SE, and Bristol Myers Squibb.

Friday, July 28 – Exxon Mobil, Procter & Gamble, Chevron, and Centene.

Week 2.

Tuesday, July 18 – Bank of America, Novartis, Morgan Stanley, and Lockheed Martin.

Wednesday, July 19 – Goldman Sachs, Tesla, Netflix, IBM, U.S. Bancorp, United Airlines, Las Vegas Sands, and Nasdaq.

Thursday, July 20 – Johnson & Johnson, Abbott Laboratories, Taiwan Semiconductor Manufacturing, Philip Morris International, Travelers, American Airlines, Capital One, and CSX.

Friday, July 21 – American Express, Schlumberger, AutoNation, and Huntington Bancshares.

Week 1.

Thursday, July 13 – PepsiCo and Delta Air Lines

Friday, July 14 – UnitedHealth Group, JPMorgan Chase, Wells Fargo, BlackRock, and Citigroup.

Citi Group remains one of our preferred bank holdings and we’ll review the earnings in more detail, following Friday’s result.

China New Economy ETF

Posted on | by Leon Hinde | Leave a Comment on China New Economy ETF

VanEck Vectors China New Economy is worth adding to your watchlist with a view toward accumulating a long position within the $6.30 – $6.80 price range.

CNEW seeks to provide investors with access to a portfolio of the most fundamentally sound
companies with the best growth prospects in the consumer discretionary, consumer staples,
healthcare, and technology sectors that are domiciled and listed in Mainland China with the aim of
providing investment returns, before fees and other costs, which track the performance of the Index.
The MarketGrader China New Economy Index consists of the 120 most fundamentally sound
companies in the consumer discretionary, consumer staples, healthcare and technology sectors,
domiciled in Mainland China and traded publicly in the Shanghai and Shenzhen stock exchanges
(A-Shares).

The Index seeks to identify the companies in China with the best growth at a reasonable
price (GARP) attributes as the best drivers of long-term capital appreciation. The index constituents
are selected on the basis of the strength of their fundamentals across four factor categories: growth,
value, profitability and cash flow. The index is equally weighted at each of its semi-annual
rebalances, giving each company an equal opportunity to contribute to the performance of the
overall index.

NASDAQ

Posted on | by Leon Hinde | Leave a Comment on NASDAQ

Global X Ultra Short Nasdaq 100 Hedge The Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS) is an actively managed fund that aims to provide investors with geared returns that are negatively related to the returns of the Nasdaq-100 Index by investing primarily in a portfolio of short E-mini Nasdaq-100 Futures contracts listed on the Chicago Mercantile Exchange.

The NASDAQ 100 index now has a pivot high of 14,446 points and FTFF of 14309.

China New Economy ETF

Posted on | by Leon Hinde | Leave a Comment on China New Economy ETF

VanEck Vectors China New Economy is worth adding to your watchlist with a view toward accumulating a long position within the $6.30 – $6.80 price range.

CNEW seeks to provide investors with access to a portfolio of the most fundamentally sound
companies with the best growth prospects in the consumer discretionary, consumer staples,
healthcare, and technology sectors that are domiciled and listed in Mainland China with the aim of
providing investment returns, before fees and other costs, which track the performance of the Index.
The MarketGrader China New Economy Index consists of the 120 most fundamentally sound
companies in the consumer discretionary, consumer staples, healthcare and technology sectors,
domiciled in Mainland China and traded publicly in the Shanghai and Shenzhen stock exchanges
(A-Shares).

The Index seeks to identify the companies in China with the best growth at a reasonable
price (GARP) attributes as the best drivers of long-term capital appreciation. The index constituents
are selected on the basis of the strength of their fundamentals across four factor categories: growth,
value, profitability and cash flow. The index is equally weighted at each of its semi-annual
rebalances, giving each company an equal opportunity to contribute to the performance of the
overall index.

Altium

Posted on | by Leon Hinde | Leave a Comment on Altium

Altium EPS is expected to grow by 17% in FY23 and the stock has recently been added to the ASX 100 model portfolio.

Shorter-term traders should consider opening a trade above the $35.60, (FTFF level), and placing a stop loss at the pivot low of $34.81

Altium Limited announced they will report fiscal year 2023 results After-Market on Aug 21, 2023. Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through two segments: Board and Systems; and Nexar.