HAL-Haliburton Earnings Report | Stocks to Trade 4-24-17



Halliburton Company: Earnings Preview

Halliburton (NYSE:HAL), the world’s second-largest oilfield services company, is gearing up to report its quarterly results before the opening bell on Monday, April 24.

Halliburton has been slowly turning around on the back of the upturn in the US drilling activity. In the first quarter of 2017, however, Halliburton’s profits might come under some pressure, but its turnaround story will continue.


Will Halliburton (HAL) Q1 Earnings Reflect Rising Costs?

Major oilfield service provider Halliburton Co. (HAL – Free Report) is set to release its first-quarter 2017 results before the opening bell on Monday, Apr 24.

What Investors Need to Know: The company has seen its shares fall 10.3% year to date after gaining more than 50% for 2016. Moreover, The Houston, TX-based company has a poor industry rank. It is one of the major players in the Oil & Gas – Field Services industry […]


Wall Street’s Forecasts for Halliburton before Its 1Q17 Earnings

In this article, we’ll look Wall Street analysts’ recommendations for Halliburton (HAL) before its 1Q17 earnings release.

On April 7, 2017, 92% of the analysts tracking Halliburton (HAL) rated it a “buy” or some equivalent. Approximately 5% of the analysts tracking HAL recommended a “hold,” while the remaining 3% rated it a “sell” or some equivalent.


$HAL Haliburton Stock Price Before Earnings

$HAL Haliburton Stock Price Before Earnings

Today’s Trading Lesson…

The concept of ten perfect trades Trading is about probabilities, and every trade that you make outside of your edge…messes with the probabilities. When you mess with your edge, you mess with your chances to earn your income. You literally cause yourself to need more trades to be profitable. Watch today’s training video and see how to get profitable sooner.

On the Tape Today | 4-24-17

$ADBE 4-24-17

$ADBE 4-24-17

ADBE | Adobe Systems continues to show solid order flow and relative strength. Creating a game plan for a $131.75 buy-stop. Initial target on a new swing trade comes in at $137. Stop loss on a close below the $130 level. 


$SPY 4-24-17

$SPY 4-24-17

Tape Reading the SPY ETF

$SPY price action continues to flip-flip, but with a twist-volume traded appears heavier on bullish days.

Let’s not make too much out of it, but it’s clear. The trading range remains intact and trading for cash flow is the correct game plan. Oil and gas companies are in play and should be a part of your game plan (see the list of stocks to trade below).

I can’t stress the importance of knowing your trade expectation before the trade. Knowing when to build a position and when to exit into momentum (cash flow) puts you in the drivers seat. Hoping the market gives you more in a tight tape, leaves you vulnerable to very emotional trading. You get angry for no reason because you don’t read the tape correctly.

The opposite happens as well (coming soon when the stock market picks a direction) — if you fail to recognize solid order flow and room-to-go, you end up trading for cash flow when you should be building a position for a larger move.

Cash flow for the general stock market, expect follow through for stocks reporting earnings.

Stock Market Today: Heatmap of the S&P 500

$SP 500 4-24-17

$SP 500 4-24-17

Stocks to Trade 4-24-17 | Monday Edition

Short-Term Momentum

Bullish Momentum:

Bearish Momentum: slca, bhi, nktr

Long-Term Order Flow


Bearish Order Flow: slca, slb, hal, ibm, amgn, lulu, panw, oxy, cvx apc, psx, tsco, tso

2X Normal Volume: V, SLB, DHR, HON, SLCA

Inside Days: bx, csx, nue, kbh, yhoo, x, wba, cvs, pm, cof, jnpr, lulu, jnj, aig, c, dg, amzn, lvs, dltr, tsla, dal, kss, gis, jwn, aapl, dks, mar, googl, bbby, rost, car, fslr, akam

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