DIS Walt Disney Company Reports Q1 Earnings

DIS Walt Disney Co 2-5-19 Before Earnings

DIS Walt Disney Co 2-5-19 Before Earnings

Disney Reports Earnings on Tuesday — Here’s What to Look For

Disney is expected to report weaker results than it did a year ago, when it benefited from the timing of major releases and the windfall from the tax reform law.

The Walt Disney Co. (DIS) is scheduled to release its fiscal 2019 first quarter results after the closing bell Tuesday, with Wall Street expecting the media company to report results below the totals from a year ago.

Disney benefited from big winter releases and the positive effects from the tax reform law during its fiscal first quarter last year. Without those tailwinds, most analysts have the company under performing last year’s results.


Disney Stock Above Key Levels Heading Into Earnings

The Walt Disney Company (DIS) has chart setups that favor a positive reaction when the Mouse House reports earnings after the closing bell on Tuesday, Feb. 5.

The stock closed Monday, Feb. 4, at $111.80, up just 2% so far in 2019 and up 11.4% from its Dec. 24 low of $100.35.


SPY ETF Chart 2-5-19

SPY ETF Chart 2-5-19

Mentor Minutes: How to Set up High-Probability Trades

If you are finding the current long-term tape is driving you crazy, here is a simple solution that works like a charm for both day trading and swing trading.

This is not a full trading plan but it come close. We are using the SPY ETF as an example but you can apply the trading strategy to any stock.

The concept is to use one simple chart for your trend and the open price indicator as your filter.

Watch this 13 Minute Lesson == >

Dollar Exposed to Trump Striking Hawkish Tone at State of Union

The dollar could be vulnerable if President Donald Trump comes out swinging on trade and risks another government shutdown in his State of the Union address.

Sentiment on the U.S. currency has been driven in recent months by the trade conflict with China and Trump’s efforts to obtain funding for a wall on the border with Mexico, which prompted the longest U.S. government shutdown in history.

If the president chooses to escalate these issues in his speech later Tuesday, the dollar could be set to extend this year’s drop, according to Mizuho Securities Co. and Westpac Banking Corp.


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.

Leave a Reply 2 comments

William Band Reply

Ran into a conflict today……Feb 8..MU opened low…drew open line on 15 min chart……watched s stock go higher the first 5 min (I try to wait longer than 5 min to start my day)—now mentally I am looking for buy set ups(I like 3 bar pullbacks) . stock pulled in…however above price was the 8 the 20 the 50 the 200 moving avgs. I had trouble just following to buy set ups above the open in view of the falling avgs mentioned…..any suggestions or just change my trading plan to which is more important to me……Looking at the chart this afternoon I see I could have done both…however not always clear in the midst of battle.

    Info Reply

    Hey William
    Please feel free to email me these types of comments

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