Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Commodities, Stocks, and Indices
Indices Updates by Solid ECN
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="SOLIDECN, post: 207760, member: 80239"] [JUSTIFY][img]https://i.ibb.co/GFDF7wy/sp500-forum-2.png[/img] [/JUSTIFY] [HEADING=2][JUSTIFY]Corporate reporting data puts pressure on quotes.[/JUSTIFY][/HEADING] [JUSTIFY]S&P 500 is correcting down after the release of the financial results of the leading components and is now trading at 4173. This week may continue the negative wave of reporting giants of the US corporate sector. The holding company controlled by Warren Buffett, Berkshire Hathaway Inc., reported revenue of 70.81B dollars, beating analysts' forecast of 70.19B dollars, but earnings per share were 4.774K dollars, down from 4.901K dollars a quarter earlier. Pfizer Inc., Advanced Micro Devices Inc. (AMD) and Starbucks Corp. will present their data today. Market participants expect from pharmaceutical giant Pfizer Inc. a quarterly revenue of 24.1B dollars, which could surpass the previous period's figure of 23.84B dollars. AMD could also improve, posting a profit of 5.01B dollars from 4.83B dollars, while the global coffee market leader, Starbucks Corp., is likely to worsen its numbers (revenue could reach 7.62B dollars, which is below 8.05B dollars a quarter earlier). [img]https://i.ibb.co/5j5QFPW/sp500.png[/img] The index quotes are trading in a global downtrend, falling towards the support line. Technical indicators maintain the global sell signal: the fast EMAs of the Alligator indicator are below the signal line, and the histogram of the AO oscillator is trading in the sell zone, forming descending bars. Support levels: 4100, 3800 | Resistance levels: 4280, 4590[/JUSTIFY] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…