INTC Intel Scheduled to Report Earnings After Stock Price Spikes 1-23-20

INTC Intel Scheduled to Report Earnings After Stock Price Spikes 1-23-20

intc intel stock chart 1-23-20 before earnings

intc intel stock chart 1-23-20 before earnings

Will Weaker Than Expected Numbers Lead To A Drop In Intel’s Share Price Post Earnings Release?

Intel (NASDAQ: INTC) is slated to release its Q4 and full-year 2019 results on January 23, 2020.

We believe that weaker-than-expected earnings for FY 2019 will very likely result in Intel’s stock falling in price once earnings are announced. In fact, our forecast indicates that Intel is fairly valued at $57 per share, which is roughly 4% below its current price of $60.

Read More on Forbes.com

Mark Cuban, who made billions from the dot-com bubble, says here's how you'll know the rally is over.

Mark Cuban, who made billions of dollars during the dot-com boom, said Wednesday that the stock market is not reminiscent of 1999.

“Interest rates were a lot different back then,” Cuban said on CNBC’s “Fast Money Halftime Report.” “And you saw a lot more people participating in the market. … You don’t see that now. That individual day trading really led the market to be frothy.”

Read More on CNBC.com

$7 Gold Investment Could Hand Investors a Small Fortune as Gold Soars

Not gold coins, bullion, or risky mining stocks… Unique gold strategy, with a proven history of soaring 4,500% is Hard-Money expert’s “Favorite gold play for 2019.”

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SIG Signet Jewelers LTD Stock Chart 1-23-20

SIG Signet Jewelers LTD Stock Chart 1-23-20

Today's Smart Money Alert triggers ONLY if the stock price opens and traders lower this morning.

A key element of profitable stock trading is risk reward. The problem for many is that the concept is nothing more than a trading cliche. Inexperienced traders pick numbers out of the air for a "3-1" reward to risk because that's what they read in Market Wizards.

The real-world issue is that most traders don't include the odds of earnings the "3" versus losing the "1." I teach my students to answer this important question...

"Does the reward justify accepting the risk?"

Is there sufficient and probable profit potential in exchange for the risk you need to accept in order to place the trade?

When a strong stock slowly grinds higher without a decline it becomes challenging to expect further profits THAT JUSTIFY risk. 

Which leads us to today's trade in SIG. We have what I call a strong stock with a weak close. The weak close is important because it expands the profit potential (The distance from the previous high).

My game plan for today is to place a limit order to buy $26.25. So I want the stock to open and trade lower to start the trade.

My initial profit target comes in at $34. If the stock opens higher I am letting it go.

Have a profitable day.

Pete

Pete Renzulli
 

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