US Earnings – Our Focus

Week 2.

Monday, July 19th: IBM.

Tuesday, July 20th: Travelers, UBS, Philip Morris International United Airlines and Netflix.

Wednesday, July 21st: Verizon, Johnson & Johnson, Coca-Cola, Texas Instruments and Kinder Morgan.

Thursday, July 22nd: AT&T, Dow, Abbott Labs, American Airlines, Intel, Twitter, Snap, VeriSign, Domino’s Pizza, and Las Vegas Sands.

Friday, July 23rd: American Express and Honeywell.

Week 1.

Tuesday, July 13th: PepsiCo, JPMorgan Chase and Goldman Sachs.

Wednesday, July 14th: Bank of America, Citigroup, and Wells Fargo

Thursday, July 15th: Morgan Stanley, Charles Schwab, U.S. Bancorp, Taiwan Semi, UnitedHealth, and Alcoa.

Friday, July 16th: Ericsson and State Street.

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Pinduoduo – Earnings Release

PDD:NAS is now under Algo Engine buy conditions. The company is China’s largest agriculture and interactive commerce platform.

Pinduoduo has surpassed Alibaba as China’s largest e-commerce company with 788 million active users according to its latest quarterly earnings report.

We expect buying interest to build above the $125 support level.

Q121 earnings showed continued growth with revenue increasing 239% to 22.2 billion yuan ($3.4 billion) in the three months ended March, beating consensus analyst estimates.

The number of annual active buyers for the 12 months ended March increased to 823.8 million, making Pinduoduo the most widely used e-commerce platform in China.

Pinduoduo – Buy

PDD:NAS is now under Algo Engine buy conditions. The company is China’s largest agriculture and interactive commerce platform.

Pinduoduo has surpassed Alibaba as China’s largest e-commerce company with 788 million active users according to its latest quarterly earnings report.

We expect buying interest to build above the $125 support level. Q121 earnings should show continued growth.