Gilead's core product pipeline, including recent FDA approval is set to soar as key drugs and generics are continuing to outperform. The company's recent acquisition of KITE Pharma came at the perfect moment with KITE being granted a key drug approval by the FDA. Gilead's recent cost cutting efforts and R&D focus are to further push growth prospect and boost...
Alaska Air has been absent from the recent airlines rally as the company struggles to regain momentum after weather related issues. The company's integration of Virgin Airways is a mega-plus for the Airline after organic routes kept coming under weather-related pressures. It's recent venture with Singapore Air will be another plus for the Airline's Asia...
McDonald's comparable sales will be aided by continued investments and menu innovation. Alongside above mentioned factors, its international presence with a softer USD will aid overall margins. However, with rising wage growth and soft quarterly restaurant spending globally, I expect profits to be under pressure. Guidance should underwhelm with the...
Shares of General Electric have come under pressure in the last year due to management's uncertain theme regarding the company's future after GE Capital spin-off. The spin-off aided the company's focus on its core industrial business providing core products and services to fast growing industries. Following higher industrial output numbers and an overall...
The company has been under immense pressure overcoming spectrum crunch and stiff competition in a saturated market. Verizon's purchase of Yahoo!'s services will allow the company to boost its online offerings and penetrate a new market. The company's new prepaid offering will aid revenue streams as well. Weaknesses in the company is impact from Hurricane...
United Airlines has its second largest hub in Houston, Texas where 7,400 flights were canceled over the course of the Hurricane. The company expects PRASM to decrease 3.5% to 4% due to impact from the Hurricane. Slightly higher fuel prices should impact YoY comparisons even if an overall edge is still present. I believe the company's higher expenses,...
Johnson & Johnson has been on an impressive intra-quarterly run with solid performance across major segments. Strengths in the company's performance are to be driven by: -Imbruvica and Darzalex should continue to perform well. Meaningful improvement from Stelara and Xarelto. -New product launches like Tremfy (approved in the US late 2017 for plaque...
Netflix has been on a strong growth trajectory over the past 5 years, posting solid subscriber growth. I expect that to continue into the foreseeable future, but believe seasonality will kick in. Wall Street expects the company to report 4.4M new subscribers for the quarter. 3.65M subscribers in the international markets and 0.75M in the domestic market. I...
Lennar has had an impressive performance record with a recovering economy and housing market. The company's continued effort on Real Estate development and Financing is fueling sales growth. Earnings should get a boost from cost cutting and operational efficiency efforts. Sales, however, are expected to dampen in the quarter with 120 homes deliveries postponed...
Barracuda Networks has been on a stellar trend since they revamped their storage and SMB offerings in 2015. The company's share price has gained over 250% since lows. Barracuda's latest offering, Barracuda Sentinel, is helping boost subscribers to over 335K as of its latest release. The company is expected to grow 2018 sales over 7% and 2019 at over 9%, with...
All major airlines have enjoyed solid financial upbeat since Oil $USOIL has remained under $50/barrel. Delta Airlines has subsequently hiked their dividend throughout the quarter and increased share buybacks. The company is also committed to paying down debt while financial conditions allow for it. The ITIA's latest data reports a Load Factor of 84.7% -...
Costco reports on Thursday, October 5th after the closing bell. Heading into earnings, the company has a fairly straight forward R/R portfolio: - Costco enjoys being a major retailer in the US with a wide array of products in multiple markets. - The company's eCommerce capabilities are picking up steam and contributing meaningfully to revenue. eCommerce global...
Kroger operates over 2,790 retail food stores alongside pharmacies, fine jewelry, health clinics and food production facilities. The company's share price has suffered in the past 2 years on behalf of rising concern of stiff competition and recently on the news of Amazon buying Whole Foods, being seen by analysts as having the most to lose from the tech...
Downtrend seems very strong in the XRPUSD pair. After brief attempts to reverse a couple of days, bulls keep dominating the market. However, price is sitting on support right now. If you are holding XRP mid-term, a break of support should lead to a short position until trend reverses. If you are looking forward to go long, a reversal and break trough the next...
Despite LTCUSD is currently showing a H&S pattern, LTC has lately proven to be a safe heaven when BTCUSD pair is heading south. Under current BTC expectations, a divergence observed in the 2H chart suggest a change in the pattern. This could lead us to range market conditions or bullish divergence. Also, on the 1H chart, price is over MA20, MA50, MA100 and MA20...
I think of a slight bearish trend tomorrow with an initial range of 24.47-24.81 (support-resistance). I think of a bearish trend until 24.47
For just a few dollars GBPUSD went down - Time for some retrace action It's about to be July4th, retrace on all majors until then with a forecasted serious drop off next week right around NFP payrolls. Enjoy and speculate with conviction! www.STBinary.com adam@stbinary.com