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.

October 25th – 29th Earnings Basket

Market Opportunities - 13/10/2021

13 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 25th – 29th Earnings Basket Weekly Uptrend Opportunity based On 1.00 Lot Calculation:

EARNINGS SEASON OCTOBER 25-29

Company

Ticker

Sectors

Earnings Date

Time

Facebook Inc.

#FACEBOOK

Social Media and Advertising

October 25, 2021

AFTERMARKET

Alphabet Inc. (Google)

#GOOGLE

Internet Search and Advertising

October 26, 2021

PREMARKET

Advanced Micro Devices

#AMD

Semiconductor

October 27 , 2021

PREMARKET

Apple Inc.

#APPLE

Software, Hardware, and E-Commerce

October 28, 2021

AFTERMARKET

Moderna Inc.

#MODERNA

Pharmaceutical

October 29, 20213

PREMARKET

Source: Bloomberg

  • The six stocks of consideration are expected to report their Q3 earnings next week (October 25-29).
  • The stocks belong to a variety of sectors providing good diversification.
  • According to Bloomberg, the basket has beaten earnings and revenues expectations collectively 87.50% of the time over the last 8 quarters.

HISTORICAL PERFORMANCE

Company

Earnings Beats Expectations

Revenues Bets Expectations

Facebook Inc.

8

8

Alphabet Inc. (Google)

7

7

Advanced Micro Devices

7

7

Apple Inc.

8

8

Moderna Inc.

6

4

Source: Bloomberg

STOCK PRICE REACTION: BASED ON STATISTICAL ANALYSIS

Downside potential1

Upside Potential1

-7.56%

+16.23%

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

-$77,866

$167,188

-€67,367

€144,645

-£57,150

£122,707

-C$97,014

C$208,299

Data Source on Stock Returns and Volatility: Bloomberg

TARGET LEVELS: SUPPORT AND RESISTANCE

Company

Support

Current Price

Resistance

Facebook Inc.

$300.43

$325.00

$377.75

Alphabet Inc. (Google)

$2,532.86

$2,740.00

$3,184.75

Advanced Micro Devices

$97.06

$105.00

$122.04

Apple Inc.

$129.42

$140.00

$162.72

Moderna Inc.

$288.41

$312.00

$362.64

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.

3-Earnings date estimated.

* 1.00 lot is equivalent to 1000 units for Facebook, Advanced Micro Devices, and Moderna. 1.00 lot is equivalent to 100 units for Apple and Alphabet (Google).
** Calculations for exchange rate used as of 09:58 (GMT+1) 13/10/2021.
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

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  • 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.