Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Shares of Deere rise as financial results exceed expectations

Shares of Deere rise as financial results exceed expectations Deere & Company (NYSE: DE) announced financial results on Wednesday for the fourth quarter that ended on October 30, 2022. The US manufacturer of farm machinery and industrial equipment reported revenue of $15.536 billion for the quarter, which was above analyst forecast of $13...

November 24, 2022
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How to trade in low volatility conditions

The market in recent months has created exceptionally difficult conditions to trade. Low volatility and obscure price action has reduced the volatility available for traders to capitalise on. These conditions have affected FOREX, Equity, and Index trading. It has been specifically difficult for momentum and trend following traders as a certain leve...

November 23, 2022
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Medtronic posts mixed results

Medtronic posts mixed results Medtronic Plc (NYSE: MDT) reported latest financial results for its second quarter of fiscal year 2023, which ended October 28, 2022 on Tuesday. The medical technology company posted mixed results for the quarter. Revenue reported at $7.585 billion (down 3% year-over-year) vs. $7.698 billion expected. Earni...

November 23, 2022
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Zoom tops Q3 estimates

Zoom Video Communications Inc. (NASDAQ: ZM) reported third quarter financial results after the market close in the US on Monday. The US communications technology company posted better-than-expected results for the quarter, topping both revenue and earnings per share (EPS) estimates. Zoom reported revenue of $1.102 billion (an increase of 5% y...

November 22, 2022
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Short-term buying opportunity on Bitcoin

Bitcoin has recently tested the lows of its price range that it reached in the immediate aftermath of the FTX crisis. A long opportunity has been brought about after price bounced off these lows near $15,863. The hourly chart shows a potential good risk reward entry. The trigger for the entry is not just the fact that the price has bounced off the ...

November 21, 2022
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JD.com beats expectations

JD.com Inc. (NASDAQ: JD, HKEX: 9618) reported its latest earnings results for the three months that ended September 30, 2022, on Friday. The Chinese e-commerce company had a solid quarter – beating revenue and earnings per share (EPS) forecasts. JD reported revenue of $34.373 billion (up by 11.4% from the previous quarter) vs. $34.145 billi...

November 19, 2022
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FTX, a failure in Corporate Governance and effective risk management

The FTX bankruptcy case has been a fascinating study in the failure of corporate governance providing a warning to the Cryptocurrency industry that a lack of regulation will not excuse poor financial management and that these exchanges are not immune to failure. In the last week, the company engaged distressed company expert, John Ray III to tak...

November 18, 2022
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The latest Alibaba results are here – the stock is rising

Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988) announced the latest financial results on Thursday. The Chinese e-commerce giant reported revenue of $29.124 billion (up by 3% year-over-year), falling slightly short of $29.288 billion expected. Earnings per share topped analyst estimates for the quarter at $1.816 per share (an increase ...

November 18, 2022
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EUR looking Bullish

The EUR has been on a ‘recovery rally’ since it fell below parity level with USD earlier this year. With inflationary pressures potentially easing across the world the USD has finally taken a breath. The currency which has been haven for many market participants in dealing with the high volatility finally saw a dip after weaker than expected US...

November 17, 2022
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NVIDIA results announced

NVIDIA Corporation (NASDAQ: NVDA) reported its latest financial results after the market close in the US on Wednesday. The US technology giant beat revenue estimates but fell short of earnings per share (EPS) expectations for the quarter. The company reported revenue of $5.931 billion (down by 17% year-over-year) vs. $5.781 billion estimate. ...

November 17, 2022
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Bitcoin ready for its next leg down?

Bitcoin has seen its price plummet after a volatile week largely due to the collapse of Cryptocurrency exchange, FTX. The price of the Bitcoin has fallen to levels not seen since November 2020. The price is now showing signs that it may be in a short-term consolidation before it may sell off again. The downward move may be amplified, especially if ...

November 16, 2022
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Walmart posts better-than-expected Q3 results – shares move higher

Walmart Inc. (NYSE: WMT) announced its latest financial results before the market open in the US on Tuesday. World’s largest supermarket chain reported total revenue of $152.8 billion for the quarter (up by 8.7% year-over-year) vs. $147.668 billion expected. Earnings per share reported at $1.50 per share (up by 3.4% year-over-year) vs. $1.3...

November 16, 2022
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NIO falls short of expectations for Q3 – but the demand is growing

NIO Inc. (NYSE: NIO) announced Q3 financial results before the market open in the US on Thursday. The Chinese automaker fell short of analyst estimates for the quarter. The company reported revenue of $1.827 billion (up by 26.3% from the same period last year) vs. $1.836 billion estimate. Loss per share reported at -$0.297 per share vs. analy...

November 11, 2022
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Crypto Crashes as exchange, FTX, faces liquidity crisis.

Bitcoin has dropped dramatically over the last 24 hours to its lowest level for the year after fears were sparked that major player FTX faced a liquidity crisis. In the last two years cryptocurrency has become available to large institutions and funds which has increased the overall size of the market. However, at the same time it has made it vulne...

November 9, 2022
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Disney falls short of expectations – the stock tumbles in the after-hours

The Walt Disney Company (NYSE: DIS) reported the latest financial results for the fourth quarter and fiscal year ended October 1, 2022, after the closing bell in the US on Tuesday. The biggest entertainment company in the world missed both revenue and earnings per share estimates (EPS) for the quarter. The company reported revenue of $20.15 b...

November 9, 2022
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