Q3 Earnings season is in full swing this week. Lots for financial and tech companies will report. Big ones include Netflix, Tesla, Coca Cola and Verizon.
Last week financial companies earnings mostly beat analysts estimates despite the increase in Q3 analyst expectations and Covid-19. However, overall markets ended the week flat.
The upcoming tech earnings and how the market behaves could serve as a good indicator of how the market will behave in the following weeks as more tech companies report.
Click on the ticker links below for earnings estimates and whispers on expected earnings.
| Monday, October 19, 2020 |
| Cadence Design Systems, Inc.(CDNS) – After Market Enterprises Financial Services(EFSC) – After Market Halliburton Co.(HAL) – Before Market International Business Machines Corporation(IBM) – After Market Zions Bancorp(ZION) – After Market |
| Tuesday, October 20, 2020 |
| Ameriserv Financial(ASRV) – Before Market CNB Financial(CCNE) – After Market Comerica Inc.(CMA) – Before Market Commerce Bancshares(CBSH) – Before Market First Midwest Bancorp(FMBI) – After Market Fulton Financial(FULT) – After Market Health Care Services Group(HCSG) – After Market HempCoin(THC) – After Market Irobot(IRBT) – After Market Lockheed Martin Corp.(LMT) – Before Market Netflix(NFLX) – After Market Pentair Ltd.(PNR) – Before Market Peoples Bancorp (Marietta)(PEBO) – Before Market Philip Morris International(PM) – Before Market Pinnacle Financial Partners(PNFP) – After Market Regions Financial Corp.(RF) – Before Market Snap Inc.(SNAP) – After Market Synchrony Financial(SYF) – Before Market Tenet Healthcare Corp.(THC) – After Market Teradyne(TER) – After Market Texas Instruments, Inc.(TXN) – After Market Travelers Companies Inc(TRV) – Before Market UBS Group(UBS) – Before Market |
| Wednesday, October 21, 2020 |
| Abbott Labs(ABT) – Before Market Armstrong Flooring(AFI) – Before Market AutoNation Inc(AN) – Before Market Avery Dennison Corp(AVY) – Before Market Biogen, Inc(BIIB) – Before Market Boston Private Financial(BPFH) – After Market Chipotle Mexican Grill(CMG) – After Market Community Trust Bancorp(CTBI) – Before Market CSX Corporation(CSX) – After Market Discover Financial Services(DFS) – After Market Equifax Inc.(EFX) – After Market Ericsson Telephone(ERIC) – Before Market Flagstar Bancorp(FBC) – Before Market Las Vegas Sands(LVS) – After Market Netgear(NTGR) – After Market NextEra Energy(NEE) – Before Market Silgan Holdings(SLGN) – Before Market SL Green(SLG) – After Market Teledyne Technologies(TDY) – Before Market Tesla, Inc.(TSLA) – After Market The First Bancorp(FNLC) – After Market Travelzoo(TZOO) – Before Market Umpqua Holdings(UMPQ) – After Market Verizon(VZ) – Before Market Whirlpool Corp.(WHR) – After Market |
| Thursday, October 22, 2020 |
| Alaska Air(ALK) – Before Market American Airlines Group(AAL) – Before Market Ameris Bancorp(ABCB) – After Market AT&T Inc(T) – Before Market BJS Restaurants(BJRI) – After Market Capital One Financial(COF) – After Market Check Point Software Technologies Ltd.(CHKP) – Before Market Citrix Systems, Inc.(CTXS) – Before Market Coca Cola(KO) – Before Market Coinstar(CSTR) – After Market Dow Chemical(DOW) – Before Market East West Bancorp(EWBC) – Before Market eHealth(EHTH) – After Market EquiTrader(EQT) – Before Market Fifth Third Bancorp(FITB) – Before Market First American(FAF) – Before Market First Financial Bancorp(FFBC) – After Market FirstEnergy Corp(FE) – After Market Huntington Bancshares(HBAN) – Before Market Intel(INTC) – After Market KB Financial(KB) – Before Market M&T Bank Corp.(MTB) – Before Market Manhattan Associates(MANH) – After Market Mattel Inc.(MAT) – After Market Northrop Grumman Corp.(NOC) – Before Market Nucor Corp.(NUE) – Before Market Penske Automotive(PAG) – Before Market Peoples United Bank(PBCT) – After Market Pulte Homes Inc.(PHM) – Before Market Quest Diagnostics(DGX) – Before Market Robert Half International(RHI) – After Market SCP Pool(POOL) – Before Market Sirius XM Radio, Inc.(SIRI) – Before Market Snap On Inc.(SNA) – Before Market Southwest Airlines(LUV) – Before Market Union Pacific(UNP) – Before Market Valero Energy(VLO) – Before Market Verisign Inc.(VRSN) – After Market W.W. Grainger, Inc.(GWW) – Before Market Western Alliance(WAL) – After Market |
| Friday, October 23, 2020 |
| Altra Holdings(AIMC) – Before Market American Express(AXP) – Before Market First Hawaiian Inc(FHB) – Before Market United Bankshares(UBSI) – Before Market |
The following is a list of stocks for the week of Oct 12, 2020 – Oct 16, 2020 that show bullish and bearish trends.
The bullish matches – Oversold RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| VEDL | Vedanta Ltd | Oct 13, 2020 | Homing Pigeon | 23.21 |
The bearish matches – Overbought RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| PACB | Pacific Biosciences | Oct 12, 2020 | Dark Cloud Cover | 80.63 |
| NVCR | NovoCure Limited | Oct 12, 2020 | Dark Cloud Cover | 80.82 |
| CDNA | CareDx, Inc | Oct 12, 2020 | Dark Cloud Cover | 81.9 |
| GPI | Group 1 Automotive | Oct 12, 2020 | Three Outside Down | 74.39 |
| UI | Ubiquiti Networks | Oct 12, 2020 | Hanging Man | 71.29 |
| ORA | Ormat | Oct 13, 2020 | Shooting Star | 79.61 |
| APAM | Artisan Partners AM | Oct 13, 2020 | Deliberation | 76.96 |
| EGO | Eldorado Gold Corporation | Oct 14, 2020 | Deliberation | 74.15 |
| TPTX | Turning Point Therapeutics Inc | Oct 14, 2020 | Belt Hold | 78.7 |
| CCK | Crown Holdings, Inc. | Oct 16, 2020 | Doji Star | 71.8 |