Expertise: Fundamental analysis, market events and equities
Peter Hanks joined DailyFX as Junior Analyst after contributing market insights while still a student at Loyola University Chicago where he received his degrees in Finance and Computer Science. He focuses on using fundamental analysis to trade around macroeconomic themes and utilizes technical analysis for entry and exit points.
Next week is a huge for #earnings with more than 25% of the companies on the $SPX set to report and 40% of the Dow Jones
Included in the list are $MSFT and Amazon, alongside manufacturers like Boeing and Caterpillar
Read more here - https://www.dailyfx.com/forex/market_alert/2019/10/18/The-Stars-Have-Aligned-for-a-Stock-Market-Breakout-if-Earnings-Can-Impress.html?CHID=9&QPID=917701 https://t.co/WtPadShzvV
The Russell 2000 managed to climb above its 200-day moving average today, an encouraging sign for the small-cap index
Still, $IWM remains locked between two horizontal bands at ~160 and ~145 https://t.co/6wpfwVqI4H
Going live for my weekly @IG_US client sentiment webinar in 15 minutes
We'll talk shifts in positioning on $NZDUSD and the $DAX alongside some other interesting changes
Join here - https://www.dailyfx.com/webinars/586549347 https://t.co/kyH9xJ7IHd
Netflix beat earnings and soared to the top of its implied price range, but the outlook for the stock is concerning as subscriber growth slows..
Can $NFLX hold onto today's gains?
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