Q4 Earnings – Week
2017-02-19
Markets are still heavily skewed to watching Trump
headlines and professional investors are more and more often adding the so
called “Trump factor” to their expected return calculations. Some valuations
are overstretched, especially financials while the energy is on negative too
with the heavy debt load and current outlook for oil.
On the other hand, the cost of protectionc and hedging is
pretty low with VIX trading around 11.50. Such a low level provides us with an
interesting opportunity to hedge stock portfolios in case Trump doesn’t deliver
on Feb 28 when the joint committee session before US Congress takes place. Then
we have Mar 15 with FOMC and G10 FinMin and central bankers meeting right after
on Mar 17-18.
But what are we up to this week apart from FOMC Minutes
that can provide some clues about potential Mar 15 rate hike that is priced at
40%?
Wall-Mart Stores –
investors are curious about effects of pushing strongly e-commerce and consolidation
of store sales with e-sales
Home Depot – expected
to report better numbers as the real estate market and related sales are strong
in US. As the chain is relying on imports from Mexico, any comments on Trump
border tax initiative will be watched as it is the case of Wall-Mart Store as
well.
First Solar –
to report loss due to write-offs and restructuring
HP – market is
expecting a rise in profit from increased stability in PC market, effects of job
and cost cutting and strong sales of hardware
Tesla – investors
are looking at increase in revenue on growing sales. What definitely, will not
pass by unnoticed are the comments from Elon Musk on company plans for 2017
including update on its Gigafactory, Model 3and SolarCity developments.
Baidu – markets
are expecting smaller revenue growth due to new regulation in advertising and
will listen closely to upcoming projects and artificial intelligence efforts
Barclays –
investors will be interested to see how the UK based banks cope with upcoming
Brexit negotiations. With this respect Barclays has already put Berlin on the
top of its preferred location list for its HQ covering EU activities.
Name
|
Exchange
|
Date
|
Estimated
EPS
|
Estimated
Revenue
|
Anglo American
|
UK
|
Tue
|
…
|
9,600
|
BHP Billiton
|
UK
|
Tue
|
…
|
15,940
|
First Solar
|
US
|
Tue
|
…
|
0.528
|
HSBC
|
UK
|
Tue
|
0.04
|
24,180
|
Home Depot
|
US
|
Tue
|
1.33
|
21,793
|
Intesa Sanpaolo
|
IT
|
Tue
|
…
|
…
|
Macy's
|
US
|
Tue
|
1.96
|
8,624
|
Medtronic
|
US
|
Tue
|
1.11
|
7,224
|
Wall-Mart Stores
|
US
|
Tue
|
1.29
|
131,218
|
Airbus Group
|
FR
|
Wed
|
1.35
|
…
|
Bayer
|
GE
|
Wed
|
0.44
|
13,050
|
Gazprom
|
RU
|
Wed
|
…
|
…
|
HP
|
US
|
Wed
|
0.37
|
…
|
Iberdola
|
ES
|
Wed
|
…
|
…
|
Lloyds Banking Group
|
UK
|
Thu
|
0.01
|
8,650
|
Tesla
|
US
|
Wed
|
-0.42
|
2,240
|
BAE Systems
|
UK
|
Thu
|
…
|
9,860
|
BASF
|
GE
|
Thu
|
…
|
…
|
Baidu
|
CN
|
Thu
|
0.90
|
18,660
|
Barclays
|
UK
|
Thu
|
0.01
|
8,560
|
CIBC
|
CA
|
Thu
|
1.92
|
…
|
Centrica
|
UK
|
Thu
|
…
|
13,570
|
Glencore
|
UK
|
Thu
|
…
|
79,890
|
Henkel
|
AU
|
Thu
|
…
|
…
|
Vale
|
US
|
Thu
|
0.26
|
20,680
|
Veolia Environment
|
FR
|
Thu
|
…
|
…
|
Husky Energy
|
CA
|
Fri
|
-0.01
|
4,440
|
Magna International
|
CA
|
Fri
|
1.79
|
9,140
|
RBS
|
UK
|
Fri
|
…
|
5,630
|
RBC
|
CA
|
Fri
|
1.77
|
…
|
Standard Chartered
|
UK
|
Fri
|
…
|
3,610
|
Telefonica
|
ES
|
Fri
|
…
|
…
|
Good luck Champs!
Mr Hawk
DISCLAIMER: This material was created for informational
purposes only and represents the Land of Trading team’s view of the past and
current economic and capital market environment. It is not an investment advice
and should not be viewed that way at all, and the creators of this material
cannot be held liable for any potential losses resulting from trading, where
despite this disclaimer someone would consider this material as an investment
advice. All rights reserved ©2016. Contact: landoftradingATgmail.com
Posts
0 comments:
Post a Comment