CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Earnings Basket

Market Opportunities - 11/10/2021

11 October, 2021

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible opportunity for profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

October 19th – 21st Earnings Basket Weekly Uptrend Opportunity based On 1.00 Lot Calculation:

EARNINGS SEASON OCTOBER 19-21

Company

Ticker

Sectors

Earnings Date

Time

Johnson & Johnson

#JNJ

Health care

October 19, 2021

PREMARKET

Procter and Gamble

#PG

Consumer Staple

October 19, 2021

PREMARKET

Tesla

#TSLA

Automotive

October 20, 2021

AFTERMARKET

American Airlines

#AMERICAN_A

Airlines

October 21, 2021

PREMARKET

Snap

#SNAPCHAT

Internet media

October 21, 2021

AFTERMARKET

  • The five stocks of consideration are expected to report their Q3 earnings next week (October 19-21).
  • The stocks belong to the Healthcare, Consumer Staple, Automotive, Airlines and Internet media sectors. J&J, Procter and Gamble, American Airlines are part of the S&P 500 index, while Tesla is part of Nasdaq.
  • According to Bloomberg, the basket has beaten earnings and revenues expectations collectively 85% of the time over the last 8 quarters.

HISTORICAL PERFORMANCE

Company

Earnings Beats Expectations

Revenues Bets Expectations

Johnson & Johnson

8

7

Procter and Gamble

8

6

Tesla

7

6

American Airlines

7

5

Snap

7

7

Source:Bloomberg

STOCK PRICE REACTION: BASED ON STATISTICAL ANALYSIS

Downside potential1

Upside Potential1

-6.05%

+14.83%

Potential Profit/Loss on 1 lot of every stock in the basket2

-$71,576

$175,338

-€61,944

€151,744

-£52,547

£128,725

-C$89,174

C$218,447

Data Source on Stock Returns and Volatility: Bloomberg

TARGET LEVELS: SUPPORT AND RESISTANCE

Company

Support

Current Price

Resistance

Johnson & Johnson

150.99

160.72

184.55

Procter and Gamble

133.11

141.69

162.70

Tesla

737.95

785.5

901.98

American Airlines

18.79

20.0

22.97

Snap

69.99

74.5

85.55

Note: Support and Resistance Levels have been calculated by using upside and downside potential figures.

Please note that past performance does not guarantee future performance.

1-Calculation Downside/Upside Potential: Based on statistical analysis.

2-Profit/Loss Calculation (**): Based on 1 lot (*) on each of the five stocks (5 lots). Range: based on the statistical analysis.

* 1.00 lot is equivalent to 1000 units.
** Calculations for exchange rate used as of 12:21 (GMT+1) 11/10/2021.
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Client Manager regarding their use.
*** You may wish to consider closing your position in profit, even if it is lower than suggested one
**** Trailing stop technique can protect the profit – Ask your Client Manager for more detail

Share It With Your Network
JOHNSON&JOHNSON Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now
Close

Be aware of the holiday trading hours for:

  • Monday, 11 October 2021 for the Thanksgiving Holiday in Canada.
  • Thursday, 14 October 2021 for the Chung Yeung Day holiday in Hong Kong.
Instrument 11.10.2021 14.10.2021 15.10.2021
ALL FOREX Regular Regular Regular
Indices
Hong Kong 50 Regular Closed Regular
CAD 60 Closed Regular Regular
Equities
Canadian stock Closed Regular Regular
  • The above times may be subject to change.
  • Please note: In case of low liquidity in a specific instrument, Fortrade may widen the spreads or even close the instrument for trading. Notifications will be issued regarding any such changes to the trading schedule.
  • The dates preceding and following this holiday have the regular trading schedule.
  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.