Two Stocks Setting Up To Report Blowout Earnings Next Week

Jul 12 22:07 2019 Print This Article

On Thursday morning, Delta Airlines (DAL) blew past revenue and EPS estimates, despite a challenging environment for airline stocks ($DJUSAR) in 2019. While DAL's results may have surprised quite a few people, they didn't surprise me. The best way to follow where Wall Street is placing their bets is not by watching CNBC -  rather, it's by following relative strength on the charts, as that tells us where big money is investing. Keep in mind that investment firms like Goldman Sachs send their analysts to meet with company management teams to find out the latest regarding their outlook. After those meetings, they return to their office and invest clients' money.  When you see companies outperforming their peers and the benchmark S&P 500, it's generally a good signal that a company is exceeding Wall Street's expectations.

Read More

About Article Author

Stockcharts.com

StockCharts.com was founded in 1999 by Chip Anderson, a 10-year veteran of Microsoft. StockCharts.com is a website that provides online investors with high-quality financial charts for making better investing decisions. StockCharts.com is focused on Technical Analysis - the study of price history via charts. They provide award-winning analysis tools, market commentary from respected analysts like John Murphy and Martin Pring, and a huge collection of educational resources that can help anyone become a better, more informed investor.

Related Items

Agree or Disagree Round Table | My Trading Routine | MWL (07.18.19)

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Here is a link to today's show. Our show is devoted to technical analysis of the stock market with live market updates and analysis of hot symbols. The show runs throughout the d ...

July 18, 2019

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 % ...

US Open – Netflix misses, Iran seizes a vessel, Silver gains on gold, Bitcoin eyes $10,000

As earnings season picks up, the majority of early corporate profit reports are coming in better than expected, but US stock index futures are being weighed down on faltering trade talks between the US and China.  President Trump reiterates his complaint that his Chinese counterpart is not deliver ...

Debt & The Failure Of Monetary Policy To Stimulate Growth

Economists are stunned by why economic growth remains at low levels a decade after the last recession. Here's why. ...

Canada’s best Mastercard credit cards 2019

As one of the top credit card processors in the world, Mastercard is both extremely popular and also nearly universally accepted. For those already banking at BMO Bank of Montreal, a major Canadian bank that associates with Mastercard, these cards may offer all the perks you’re after along with o ...

Canada’s Best Aeroplan Credit Cards

Now that Air Canada has acquired the Aeroplan loyalty program—and announced that it will be replacing Aeroplan with something new in 2020—we know that credit card offerings will be changing in the future, too. In the meantime, Air Canada has promised it will be business as usual when it comes ...

What Do Workers Want, Really?

When I speak to employer groups about the future of work, they are often keen to know what they should do to both attract and hold on to workers. In tight markets, that often means attract anyone, anyone at all, they are not fussy. Still, even in markets where unemployment rates are relatively high ...

Adding a Single Rule to a Lazy Portfolio Isn't Good Enough

Bolting just one step onto Lazy Portfolios lifts their gains. But that isn’t all investors want. Let’s build a superior strategy that’s still simple. • The noted academics Fama & French have demonstrated that ‘factors’ exhibit predictive power. It’s about time portfolios for individ ...

BRF.PR.C : No Conversion to FloatingReset

Brookfield Renewable Partners L.P. has announced: that after having taken into account all election notices received by the July 16, 2019 deadline for conversion of Brookfield Renewable Power Preferred Equity Inc.’s (“BRP Equity”) currently outstanding Class A Preference Shares, Series 3 (th ...

Teck advances QB2 copper project in Chile

If all goes according to plan in northern Chile, Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) and its partners Sumitomo Metal Mining and Sumitomo will start commissioning and ramping up their Quebrada Blanca 2 (QB2) copper project in the fourth quarter of 2021, with full… The post Teck a ...