Earnings for Week of 23 – 27 July

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! Earnings Release + Economic Events for Week of 23 – 27 July

Notable Earnings PM Tues:

CSX, FNF, FULT, HOPE, HWC, IBKR, MLNX, PNFP, UAL, WTFC

Notable Earnings AM Wed:

ABT, ASML, GWW, MS, MTB, MTG, NTRS, NVS, TXT, USB

Trade Ideas:  AHT, FAST, FLEX, MTG, MYGN, NKE, NTLA, SVU, SYK, UAL

Amazon’s website “Crashes” on Prime Day

There were reported issues with Amanzon’s web site soon after their “Prime Day” shopping event began at 3 PM ET/Noon Pacific.

For a complete rundown on the story, see this article published on The Verge.

 

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Year to Date performance:

• Nasdaq Composite +13.1% YTD
• Russell 2000 +9.3% YTD
• S&P 500 +4.7% YTD
• Dow Jones Industrial Average +1.4% YTD

Notable Earnings Before the Open on Tuesday:

CMA, FHN, GS, JNJ, NSM, MC, PGR, PLD, SCHW, UNH

Notable Earnings After the Close on Tuesday:

 CSX, FNF, FULT, HOPE, HWC, IBKR, MLNX, PNFP, UAL, WTFC

NFLX is trading down $65 in After Hours trading on earnings as Revenue and Subscriber growth fail to meet expectations.

Trade Ideas:  SVU, AHT, SEP, VNO, APA, APC, NS, OII, BOOT, CARS, EEP, FAST, MYGN, NKE, SYK, RH

View charts for these stocks on FinViz here.

Here is a list of notable companies reporting Earnings next week as provided by www.Briefiing.com. Their stocks have an Average Daily Volume of 485k shares or more, an Average True Range of >$0.25 per day and Price of $2 or more. These are considered to be tradable stocks.

NOTE:  There may be errors and omissions in this list. Please perform your own due diligence and confirm the earnings date BEFORE entering a trade.

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Notable Earnings AM Mon:

BAC, BLK

Notable Earnings PM Mon:

NFLX

Notable Earnings AM Tues:

CMA, FHN, GS, JNJ, NSM, MC, PGR, PLD, SCHW, UNH

Notable Earnings PM Tues:

CSX, FNF, FULT, HOPE, HWC, IBKR, MLNX, PNFP, UAL, WTFC

Notable Earnings AM Wed:

ABT, ASML, GWW, MS, MTB, MTG, NTRS, NVS, TXT, USB

Notable Earnings PM Wed:

AA, AXP, BXS, CCI, CCK, EBAY, IBM, PTC, SLG, TCBI, UMPQ, URI

Notable Earnings AM Thurs:

ABB, ADS, BBT, BK, BX, DHR, DOV, DPZ, EWBC, FITB, GPC, HOMB, KEY, NUE, PM, PPG, RPM, SAP, SNA, TRV, TTS, UNP, WBC, WBS

Notable Earnings PM Thurs:

ASB, BDN, CE, COF, ETFC, ISRG, MSFT, PBCT, SEIC, SKX, SWKS, WAL

Notable Earnings AM Fri:

BHGE, CFG, CLF, GE, GNTX, HON, KSU, MAN, RF, SLB, STI, STT, SWK

Notable Earnings PM Fri:

None

 

Here are the key economic reports due next week as reported by Econoday via Nasdaq.com

Click on image to Enlarge and select the appropriate week

NOTE:    Earnings season begins on Friday, 13 July when C, JPM, PNC and WFC report Earnings. Watch the market reaction to their results.

 

Trade Ideas for Friday, 13 July 2018:

BOOT, CARS, CHKP, COST, CRUS, EEP, FAST, MYGN, NKE, SYK, ZGNX

CHKP

Not much Resistance until $200 on the weekly chart, but extended on the daily. Needs a pullback or consolidation, but watch the gap above for a quick move up.

FAST

Doing a 45° runner after gap up on Earnings. Target is $58. Long via 17 Aug $52.50 Calls.

MYGN

Another 45° runner on analyst upgrade. Great Balance of Power (BoP) and nice consolidation today (12 July). First Target is $46.25. Long via 17 Aug $39 Calls.

COST

Costco “jumped the creek” after reporting monthly sales data. Fibonacci projection on the weekly is to the $250 area. Long Jan ’20 $150 Calls for some time now. ♥

 

Trade Ideas:  MYGN, FAST, CARS, CHKP, WSC, CBS, MO, COST, SYK, EEP, BOOT, CRUS, SOXS, GEO, NKE

View the charts on FinViz here.