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$GLOB can rise in the next daysContextual immersion trading strategy idea. Globant S.A. offers machine learning, pattern recognition, natural language understanding, future of organizations, customer insight, behavioral change, product innovation, design thinking, product management discovery and delivery, and product coaching services. The company announced that it expects first-quarter 2020 revenues to be at least $190 million, implying at least 30.0% year-over-year growth and that it continues to expect first-quarter 2020 adjusted diluted EPS to be at least $0.62 — finance.yahoo.com This and other conditions can cause a rise in the share price in the next days. So I opened a long position from $97,43; stop-loss — $93,74. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NYSE:GLOBLong
by KozakHlib
Ahrvo Weekly Sector Rankings: 4/20/2020Earnings season is well underway. For Q1 2020, 45 S&P 500 companies have reported earnings. Of the companies that have reported, 66% have reported a positive EPS surprise (beat earnings expectations) and 70% of S&P 500 companies have reported a positive revenue surprise (beat revenue expectations). The earnings decline for Q1 2020 thus far has clocked in at -14.5%, which would make it the largest earnings decline for the S&P 500 since Q3 2009. Revenue growth has averaged .6%. All sectors have a slower growth rate than they did on March 31st. The stock market’s performance continues to deviate from economic fundamentals/ Eventually, that will need to be reconciled. Over the next week, 96 companies are expected to report, providing additional clarity on the state of corporate America. According to Factset, the net income margin (a measure of profitability) for S&P 500 companies has fallen to 9.4% based on reported Q1 results. This is below the 5-year average of 10.6%. The fall in profitability did not start this quarter. S&P 500 companies’ net income margins (profitability) have declined for the last four quarters. The largest decrease in profitability has been experienced by cyclical sectors- Financials (down 60%), Energy (down 250%), Consumer Discretionary (down 155%), Industrials (down 136%), and Materials (down 21%). Defensive sectors profitability has held up much better- Consumer Staples (down 3%), Healthcare (down 5%), Technology (down 3%), and Utilities (up 1%). Overall, analysts expect net margins to decrease in the 2nd quarter and make a rebound in the 3rd and 4th quarter of 2020. For the first time in two weeks, all S&P 500 companies did not have a positive price performance. By and large, defensive sectors outperform cyclical sectors. Signaling that investors are becoming more cautious as the stock market continues to rise. Defensive sectors- healthcare (ticker: XLV), consumer staples (ticker: XLP), Utilities (ticker: XLU), and technology (ticker: XLK) returned 6.5% (outperform), 2.9% (outperform), -1.1% (underperform), and 2.9% (outperform). Cyclical sectors- consumer discretionary(ticker: XLY), energy (ticker: XLE), financial (ticker: XLF), materials (ticker: XLB), and industrial (ticker: XLI) returned 4.1% (outperform), -2.7% (underperform), -2.4% (underperform), -2.4%, and .2%, respectively. The S&P 500 (ticker: SPY) was up 2.3%. Over the last month, the S&P 500 is up ~17% while the U.S. economy has lost 22 million jobs- more than erasing the jobs created over the last decade’s economic expansion. The decrease in earnings, coupled with the rise in stock prices has led to the S&P 500’s multiple to expand. Making stocks more expensive at a time when economic uncertainty is at an all-time high. The forward 12-month P/E ratio for the S&P 500 is 18.5x. This P/E ratio is above the 5-year average (16.7x) and above the 10-year average (15x). Analysts project that Q2 earnings will decline by -26.6% and a revenue decline of -5.7%. For Q3, analysts are projecting an earnings decline of -13.3% and a revenue decline of -1.6%. Things are expected to improve in the last quarter of the year, with earnings expected to fall -4.8% and revenue expected to increase to 1.1%. However, I would not be surprised in Q4 estimates get revised downwards as analysts tend to overestimate future expectations. Going forward, I expect the S&P 500’s P/E ratio to contract to at least its 5-year average and for stock prices to fall. Defensive sectors should continue to outperform cyclicals, as fundamentals deteriorate. -Appo Agbamu, CFA Ahrvo Score (Overall Score) 1)Utilities (no change) 2)Technology (no change) 3)Consumer Staples (no change) 4)Industrials (no change) 5)Consumer Discretionary (⬆️1 spot) 6)Financials (⬇️1 spot) 7)Basic Materials (no change) 8)Health Care (no change) 9)Energy (no change) Momentum Score 1)Utilities (no change) 2)Healthcare (no change) 3)Technology (⬆️1 spot) 4)Consumer Staples (⬇️1 spot) 5)Basic Materials (no change) 6)Industrials (no change) 7)Consumer Discretionary (⬆️1 spot) 8)Financials (⬇️1 spot) 9)Energy (no change) Growth Score 1)Financials (no change) 2)Industrials (no change) 3)Technology (no change) 4)Consumer Discretionary (no change) 5)Consumer Staples (no change) 6)Utilities (no change) 7)Health Care (no change) 8)Basic Materials (no change) 9)Energy (no change) Quality Score 1)Consumer Discretionary (no change) 2)Industrials (⬆️1 spot) 3)Consumer Staples (⬇️1 spot) 4)Technology (no change) 5)Utilities (no change) 6)Financials (no change) 7)Energy (no change) 8)Basic Materials (no change) 9)Health Care (no change) Value Score 1)Industrials (no change) 2)Consumer Discretionary (no change) 3)Financials (no change) 4)Utilities (no change) 5)Energy (no change) 6)Consumer Staples (no change) 7)Basic Materials (⬆️1 spot) 8)Technology (⬇️1 spot) 9)Health Care (no change) This material is for informational purposes only. Under no circumstances should any information or materials presented be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments or other services. Any investment made is at your sole discretion. There are many factors that you must consider when making an investment decision, including, but not limited to, product features, risks, whether or not an investment meets your investment objectives, risk tolerance, and other personalized factors. Investing in securities involves risks, and there is always the potential of losing your entire investment.
AMEX:SPY
by AhrvoStockApp
1
Ahrvo Daily Movers⬆: Citrix System- A Coronavirus Proof BusinessWhat is CTXS? Citrix Systems ( ticker: CTXS) , Inc. provides workspace, networking, and professional services worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops; Citrix Content Collaboration, a cloud-based file sharing, and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices for businesses; Citrix Endpoint Management for mobility and device management capabilities; and Workspace Intelligence that customizes and streamlines user workflows, as well as microapp creation with low-code tooling, automates tasks and functions. In addition, the company offers customer services, hardware maintenance, consulting, and product training and certification services. The company serves health care, financial services, technology, manufacturing, consumer, and government agencies. It markets and licenses its products through resellers, distributors, systems integrators, independent software vendors, original equipment manufacturers, and service providers. The company was formerly known as Citrus Systems, Inc. and changed its name to Citrix Systems, Inc. in March 2009. Citrix Systems, Inc. was founded in 1989 and is headquartered in Fort Lauderdale, Florida. Ahrvo Stock Rankings CTXS has been a top-ranked for quite some time. Over the last three months, Citrix Systems AhrvoScore (overall score) has remained flat and solidly in strong buy range at 99. In fact, Citrix System’s Momentum Score, Quality Score, and Growth Score are all in the top decile (top 10%) of 7,000+ companies we track, clocking in at 98, 95, and 94, respectively. The Company’s rankings have remained stable over the last three months, with its Momentum Score and Growth Score remaining flat and Quality Score up 1 point. CTXS has Value Score in at 72, up 1 point over the same time period. Citrix Systems ranks higher than its industry average across all scores: Ahrvo Score 99 vs. 76, Momentum Score 98 vs. 72, Value Score 72 vs. 56, Quality Score 95 vs. 70, and Growth Score 94 vs. 71. Our Take Since the beginning of the year, Citrix Systems is up 35.68%. The S&P 500 (ticker: SPY) and the technology sector (ticker: XLK) are down 13.09% and 4.01% over the same time period. As the S&P 500 and technology sector fell by 28% and 24% from the middle of February to the end of March, Citrix System remained flat, down ~.02%. Given CTXS's strong/resilient price-performance, its relative strength indicator (RSI) of 66 is approaching overbought territory. Investors should wait for CTXS’s RSI to pull back to the 50-60 (neutral range) before purchasing the stock. With its suite of workplace, networking, and professional service offerings, CTXS is strategically positioned to benefit from the work-from-home (remote work) movement that will continue after coronavirus is contained. Citrix Systems has substantially outperformed the S&P 500 and the Technology sector over the last five years, returning 188.5%, while the market and technology stocks returned 34% and 109%, respectively. I expect that to continue going forward. -Appo Agbamu, CFA This material is for informational purposes only. Under no circumstances should any information or materials presented be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments or other services. Any investment made is at your sole discretion. There are many factors that you must consider when making an investment decision, including, but not limited to, product features, risks, whether or not an investment meets your investment objectives, risk tolerance, and other personalized factors. Investing in securities involves risks, and there is always the potential of losing your entire investment.
CLong
by AhrvoStockApp
Roku Has Weekly Breakout as Coronavirus Boosts StreamingCoronavirus has benefited some technology stocks like Zoom Video , Netflix and Amazon.com . Another name on that list is streaming-video firm Roku . The stock gapped higher yesterday after seeing a 49 percent pop in first-quarter streaming hours. While the advertising side of its business took a hit from business shutdowns, usage keeps growing. There was a time last year that people worried competition would kill ROKU, but so far the eyeballs keep coming. ROKU has formed a pair of inside weekly candles, and is now breaking out. Like Nio yesterday, this signal shows that a highly volatile name has calmed down and may be ready to start trending again. The daily chart also shows a breakout of the 50-day simple moving average (SMA). In the very near-term it may be overbought. But as long as the shares hold this area, buyers may return in coming sessions – especially when you consider the relative strength in Covid-benefiting tech stocks like Zoom Video and NFLX .
NASDAQ:ROKU
by TradeStation