IBM Earnings Report After Hours 1-18-18

ibm earnings repport

IBM Earnings Report After Hours 1-18-18

IBM heads into earnings on expected revenue gain, analyst optimism

Software and cloud growth are expected to be key in turning around several quarters of revenue declines at International Business Machines Corp. when Big Blue reports results Thursday.

IBM IBM, +0.57% is scheduled to report fourth-quarter results after the closing bell on Thursday, the first with recently installed Chief Financial Officer James Kavanaugh.

Over the quarter, analysts have become more optimistic about IBM as they see the Dow Jones Industrial Average DJIA, +1.25% component beginning to turn the corner into a stronger position in software and cloud services from its mainframe roots.

marketwatch.com/story/ibm-earnings

IBM Earnings Preview: Declining Revenue Streak Could Be Over

On today’s episode of the Tech Talk Tuesday podcast, Ryan McQueeney previews the upcoming earnings report from IBM (IBM ) and highlights several key estimates that suggest the company’s streak of declining revenues could finally be over.

IBM has reported a year-over-year decline in total revenues in 22 consecutive quarters. However, when the company reports its Q4 results on Thursday, the Zacks Consensus Estimate is calling for total revenues of $21.96 billion, which would actually represent year-over-year growth of about 0.87%.

Listen to the Podcast == >

IBM Chart 1-18-18 Before Earnings

IBM Chart 1-18-18 Before Earnings

Cryptocurrency Investing

Cryptocurrency prices steady with ripple bouncing back 30% after ‘severe’ sell-off

Major digital currencies recovered slightly on Thursday, after a two-day sell-off saw the world’s biggest cryptocurrency bitcoin lose more than 50 percent of its value.

Bitcoin and ethereum — the first and second largest virtual currencies by market value — appeared to stabilize after Wednesday’s lows.

Bitcoin fell as low as $9,199.59 on Wednesday morning, but bounced back to $11,218.84 as of Thursday at 5:40 a.m. ET, according to CoinDesk.

Ethereum on the other hand dived below the $800 mark to a three-week low of $780.92 Wednesday, but lifted to $1,004.43 the following day at about 5:40 a.m. ET. It was still down 1 percent in the last 24 hours.

Continue Reading on CNBC == >

Today's Trade of the Day | 1-18-18

BTC USD Bitcoin Chart 1-18-18 Sixty Minute Time Frame

BTC USD Bitcoin Chart 1-18-18 Sixty Minute Time Frame

BITCOIN showing a head and shoulders bullish reversal pattern on the sixty minute chart. $13,200 is the target. Stop loss below $10,800.

SPY ETF Chart 1-18-18

SPY ETF Chart 1-18-18

HEADLINE NEWS

Blockchain Eyed for Mortgage Bundling That Caused 2008 Crisis
https://www.bloomberg.com//news/articles/2018-01-18/blockchain-eyed-for-mortgage-bundling-that-caused-2008-crisis

Prepare for these 5 tech stocks to move big on earnings
https://www.marketwatch.com/story/prepare-for-these-5-tech-stocks-to-move-big-on-earnings-2018-01-18

Trump Hands Out ‘Fake News Awards,’ Sans the Red Carpet
https://www.nytimes.com/2018/01/17/business/media/fake-news-awards.html

The Next Great Bull Market in Gold Has Begun
https://dailyreckoning.com/next-great-bull-market-gold-begun/

North Korea reportedly plans to hold a military event, one day before the Winter Olympics kick off in South Korea
http://www.businessinsider.com/north-korea-military-event-before-winter-olympics-2018-1

S&P 500 Heatmap

SP 500 Heatmap 1-18-18

SP 500 Heatmap 1-18-18

Stocks to Trade | Thursday Edition 1-18-18

MOMENTUM

Bullish Momentum: LRCX, TXN, AMAT, BA, BZUN, MU, BBY, PYPL, TGT

Bearish Momentum: exas, gs

ORDER FLOW

Bullish Order Flow: KSS, NKTR, STX, TGT, OSTK, UAL, TSCO, NVDA, CAH, TXN, LOW, BBY, CAT, NFLX, UPS, EOG, CVS, ADBE, DE, MAR, PYPL, COF, LYB, CVX, DG, AMZN, MCK, HD, UNP, UTX, MA, V, JPM, DLTR, CRM, HON

Bearish Order Flow: eix, aep, d, duk, dish, amt

Double Normal Volume: JUNO, EXAS, IBM, BA, GS, LRCX

Inside Days: msft, mrk, jpm, nvda, cvs, tgt, atvi, dal, met, hes, cat, low, crm, lly, ups, cah, kss, ccl, esrx, hon, aal, adbe, rost, cost

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