Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

Expect A Very Strong Earnings Report From This High Flyer!

by July 6, 2023
July 6, 2023
Expect A Very Strong Earnings Report From This High Flyer!

We’re about a week away from the start of Q2 earnings season, so now’s the time to start doing your pre-earnings season homework. I’m not sure what that means to everyone else, but for me, it’s all about evaluating relative strength. Which companies have been showing the best relative strength? Those are the companies that, in my opinion, will provide us with the biggest positive revenue and earnings surprises.

I’ll kick things off with an airline, Delta Airlines (DAL):

Given the look of this chart, especially the HUGE absolute and relative rallies and the rapidly-rising AD line, I’d be shocked if DAL reports anything negative. I expect a solid beat on both revenue and EPS and I wouldn’t be surprised at all to see DAL raise its quarterly and annual guidance. Now, will that translate into huge upside for the stock price? Well, that remains to be seen.

The transportation stocks ($TRAN) in general are exploding to the upside and this index has very strong performance ties to the S&P 500. I’ll be discussing the state of transports, the S&P 500, and many other areas of the market in our “Bulls-Eye Forecast: Mid-Year Update” event to be held on Thursday, July 6th at 7:00pm ET. It’s a FREE event, but seating is limited. CLICK HERE to register and reserve your seat! If you can’t make the live event, we’ll send out a time-stamped recording to all those that register.

Hope to see you Thursday evening!

Happy trading!

Tom Bowley, Chief Market Strategist, EarningsBeats.com

0
FacebookTwitterGoogle +Pinterest
previous post
Biden admin approves massive wind farm amid rising whale death toll
next post
Stubborn UK inflation may lead to 7% interest rates, economists warn

You may also like

Not All Price Gaps Are the Same! Here’s...

May 20, 2025

Why the MACD Pinch Play is So Valuable

August 3, 2023

Week Ahead: NIFTY Stays In Technically Challanging Situation;...

May 24, 2025

This Stock Hit a 52-Week High — And...

November 20, 2023

Rates Look Set to Rise as TLT Resumes...

March 17, 2024

MEM TV: How Much Lower Can the Markets...

October 14, 2022

MEM TV: Is There Anywhere to Hide?

September 23, 2022

Five Ways You Should Use ChartLists Starting Today!

November 27, 2024

Using the Chikou Span to Identify Early Trading...

September 15, 2023

The EarningsBeats.com Strategy For Uncovering The New Winners

February 11, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

      June 8, 2025
    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved