Exxon Mobile – Chevron Earnings Reports 2-2-18

XOM Exxon Mobil Earnings Report

XOM Earnings Scheduled for Today

What to Expect From Earnings Out of Energy Giants Exxon, Chevron

Two of the world’s largest energy companies, Chevron Corp. (CVX) and Exxon Mobil Corp. (XOM) , are set to report fourth-quarter financial results before the opening bell on Friday, Feb. 2, as oil markets extended gains with investors betting on the rising price of crude.

Chevron‘s upstream business unit is expected to improve for the fourth quarter sharply. J.P. Morgan forecasts adjusted net income of $2.2 billion, while Credit Suisse expects a profit of about $2.1 billion, which would be an increase from $709 million in the third quarter and from $930 million a year ago.

Exxon‘s upstream segment, like Chevron, is expected to produce stronger results than the previous quarter. Credit Suisse forecasted upstream income of $2.5 billion, while J.P. Morgan estimated net income of $2.7 billion, both of which are an increase from $1.6 billion during the third quarter.

thestreet.com/chevron-exxon-earnings

CVX Chevron Corp 2-2-18 Before Earnings

CVX Chevron Corp 2-2-18 Before Earnings

XOM vs CVX: Which Oil Stock is Poised for Better Q4 Earnings?

The fourth-quarter earnings season is picking up pace, with 16.1% of the energy companies — representing 14.9% of the S&P 500’s total market capitalization — having already reported results.

Per the latest Earnings Trends, total earnings for these firms increased 140.1% on 39.2% growth in revenues, both on a year-over-year basis. Most importantly, the releases of energy companies so far have shown a beat for both the top and the bottom line.

ExxonMobil (XOM ) , the largest publicly traded energy firm, and smaller rival Chevron (CVX) have yet to report their numbers this earnings season. Let’s take a look at which of these oil majors has an edge over the other ahead of their Q4 release on Feb 2.

zacks.com/xom-vs-cvx

XOM Exxon Mobil Corp Chart 2-2-18 Before Earnings

XOM Exxon Mobil Corp Chart 2-2-18 Before Earnings

Cryptocurrency Investing

Over $100 billion wiped off global cryptocurrency market in 24 hours

Over $100 billion was wiped off the global cryptocurrency market in 24 hours on Friday amid concerns over tighter regulation and worries that the bitcoin price was manipulated on a major exchange.

Cryptocurrencies have seen a major sell-off. Bitcoin fell below $9,000 on Thursday, according to CoinDesk’s bitcoin price index, which tracks prices from four major cryptocurrency exchanges.

Other major coins including ethereum and ripple were down 22 percent and 32 percent respectively compared to a day ago at 6.30 a.m. London time Friday.

The cryptocurrency world has been plagued by a spate of negative news.

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Bitcoin Chart BTC USD 2-2-18

Bitcoin Chart BTC USD 2-2-18

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

NFLX Netflix Chart 2-2-18

NFLX Netflix Chart 2-2-18

Netflix stock price and the stock market decline are happening perfectly in sync for a new buying opportunity. Game planning a new swing trade long, only with a further decline to the $252 area. Looking to start building a position between $252-255. Stop loss comes in on a close below $250. Profit target comes in at $289.

SPY ETF Chart 2-2-18

SPY ETF Chart 2-2-18

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Stock Market Sector Performance

Stock Market Sector Performance 2-2-18

Stock Market Sector Performance 2-2-18

Stocks to Trade | Friday Edition 2-2-18

MOMENTUM

Bullish Momentum: NKTR, SWKS, TWTR, ABBV, FB, AMTD, ZION, GS, APTV

Bearish Momentum: es, hcn, mac, vtr

Bullish Order Flow: NKTR, NFLX, BA, ABBV, EA, AMZN, KSS, HCA, ATVI, MA, LOW, LVS, ETN, TGT, MAR, V, DG, UT, WMT, EOG, HD

Bearish Order Flow: avgo, lite

Double Normal Volume: FB, BABA, PYPL, UPS, AMZN, LLY, EIZ, MA, WYNN, ETN, SWKS, TTWO

Inside Days: lly, jci, cvx, bmy, wynn, mgm, txn, atvi, wmb, cl, aal, aa, trip

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