Hard to justify going long $NFLX - Relative Strength has deteriorated to a mere 33 and the RS line is hitting new lows. Earnings estimates look good. Maybe it finds support here near the 200-day line and we get a non-confirm new high. But I've never gone long a 33RS in my life.
▶ HDFC Bank Q3 profit beats estimates; here are 10 key highlights of earnings - : HDFC Bank Q3 profit beats estimates; here are 10 key highlights of earnings GOOGLE
Biden's plan to raise corporate taxes would reduce expected S&P 500 corporate earnings by 9.2%: BofA Global Research estimates. It would result in much bigger profit drops for big tech companies & others in their orbit: BofA
Peloton crushed earnings estimates for its fiscal Q4 and raised its guidance. “We think that post-COVID, this is still an incredible growth story,” CEO John Foley says.
Apple smashes Q3 earnings estimates, reporting $59.7 billion in revenue (up 11%), $26.4b for iPhone, $13.2b for services, $6.5 billion for other products, $6.6 billion for iPad, $7.1 billion for Mac.
Breaking News Strong Corp Earnings (Morgan Stanley) continue Solid Retail Sales Report Will Lift GDP Estimates Strong Philly Fed Manufacturing Report Signals Rebound Today on Making Money why this rally is all about strong US economy & underlying fundamentals Fox Business 2PM
Experts have predicted that earnings estimates will fall because of demonetisation decision, hurting India's economy.