Forecasts & Analysis | Indices
Walt Disney Shares Slump as Quarterly Revenue Disappoints
Walt Disney, a family entertainment company, reported better-than-expected earnings in the fiscal second quarter but missed analysts’ expectations for revenue and new subscribers, sending its shares down about 4% in extended trading on Thursday.
European Equities: Another Quiet Economic Calendar Leaves U.S Stats In Focus Once More
It’s another quiet day on the Eurozone economic calendar, leaving stats from the U.S to provide direction late in the session.
S&P 500 Price Forecast – 50 Day EMA Seems to Be Holding
The S&P 500 fell initially during the Globex session on Thursday but has turned around to show stability at the 50 day EMA.
Sonos Stock Rises 20% on Earnings Beat; Target Price $47 in Best Case
Sonos shares surged as much as 20% in after trading hours on Wednesday after the developer and manufacturer of audio products reported better-than-expected earnings in the fiscal second quarter and lifted its full-year 2021 revenue outlook.
European Equities: Another Quiet Economic Calendar Leaves U.S Economic Data in Focus
It’s a quiet day ahead on the Eurozone economic calendar. The lack of stats will leave U.S wholesale inflation and jobless claim figures to influence.
E-mini S&P 500 Index (ES) Futures Technical Analysis – Test of 4040.75 – 3994.00 Could Bring in New Buyers
Investors will have a big decision to make on a test of 4040.75 to 3994.00. We expect to see aggressive counter-trend buyers and value-seekers.
Wendy’s Tops Q1 Earnings and Revenue Estimates; Target Price $30 in Best Case
Wendy’s, a franchisor of quick-service burger restaurants primarily concentrated in the United States, reported better-than-expected earnings and revenue in the first quarter and lifted its full-year earnings forecast.
Is Cash King, And Are You Aware Of Tesla, Apple, and Bitcoin Chart Patterns?
In this article, we are going to look at the overall stock market, its risks, and how Tesla (TLSA), Apple (AAPL), and Bitcoin (BTC) play into the overall major market psychology and trends.