BIDU – Baidu Inc Earnings Report 2-13-18

BIDU - Baidu Inc Earnings Report 2-13-18

BIDU - Baidu Inc Earnings Report 2-13-18

What’s in the Cards for Baidu (BIDU) This Earnings Season?

Baidu, Inc. BIDU is set to report fourth-quarter 2017 results on Feb 13.

Notably, the company has beaten the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 66.72%.

Last quarter, Baidu delivered a positive earnings surprise of 77.63%. Earnings of $3.89 per share surged 64.8% sequentially and 161% on a year-over-year basis.

Baidu’s Revenue Growth Likely To Continue Across Segments

Baidu is scheduled to announce its Q4 and full year earnings on February 13. The internet giant reported a solid 17% growth in revenues to RMB 61.3 billion ($9.3 billion) through the first three quarters of the year.

Strong revenue growth was complemented by a massive 38% improvement in the company’s adjusted EBITDA to RMB 16.5 billion, with adjusted EBITDA margins expanding by over 4 percentage points.

This trend is expected tot continue through the December quarter, with revenues expected to grow 25%

BIDU Chart Baidu 2-13-18 Before Earnings

BIDU Chart Baidu 2-13-18 Before Earnings

Cryptocurrency Investing

Bitcoin Chart BTC USD 2-13-18

Bitcoin Chart BTC USD 2-13-18

JPMorgan Report: Crypto Could One Day Help Diversify Portfolios

Cryptocurrencies could one day help investors diversify their equity and bond portfolios, analysts for JPMorgan Chase wrote in a new, 71-page research report focused on the tech.

The report, entitled “Decrypting Cryptocurrencies: Technology, Applications and Challenges” and dated Feb. 9, was drafted by the bank’s Global Research unit.

A copy obtained by CoinDesk explores a range of subjects related to cryptocurrency and blockchain, notably exploring the implications for investors, financial firms and central banks, among others.

Read More == >

Today's Trade of the Day | 2-13-18

DLTR Dollar Tree Inc 2-13-18

DLTR Dollar Tree Inc 2-13-18

Dollar Tree In DLTR traded into relative weakness yesterday in the face of a very bullish stock market. This bad news from Washington was most likely the catalyst. Game planning a momentum sell short today. The entry trigger is a $104 sell stop, with a profit target to cover when the stock price hits $96. Stop loss on a close above $106.50.

SPY ETF Chart 2-13-18

SPY ETF Chart 2-13-18


Third-straight win for U.S. stocks in doubt as Dow futures tumble more than 100 points

PepsiCo revenue tops Wall Street estimates in fourth quarter

Bitcoin Halts Longest Rally Since December After 24% Increase

Amazon is cutting hundreds of employees to shift resources to fast-growing businesses–report.html

Trader: The Dead Cat Bounce Is Ending, “The Situation Remains Bearish”

S&P 500 Heatmap

SP 500 Heatmap 2-13-18

SP 500 Heatmap 2-13-18

Stocks to Trade | Tuesday Edition 2-13-18


Bullish Momentum: NKTR, NFLX, BA, ARRY, STX

Bearish Momentum: dg, dltr, vr, tmus, scg, yumc

Bullish Order Flow: TWTR, NFLX, HCA, NKTR, EA, AMZN, VFC, MA

Bearish Order Flow: slca, dvmt, ups, scg, eqt, cgnx, apa, cern, slb, celg, xlnx, luv, sig, xom, bidu, vtr, hcn, pg, khc, duk

Double Normal Volume: LEN, UTX, AXP, DLTR, OMC, MCHP, EXPE, SKX

Inside Days: nvda, nwl, slb, kr, sq, utx, mgm, wmt, bhge, cvs, dhi, m, ups, celg, tsla, aig, gsk, apa, hrb, amtd, wynn, bby, roku, hog

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About the Author

Pete is a full-time trader and mentor since 2000. Author of Equity Trader 101 and the Order Flow Method. He is dedicated to help self-directed traders to bust through the six-figure level.

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