MA-Mastercard Earnings Report | Stocks to Trade 10-31-17

MA-Mastercard

Will High Business Volume Aid Mastercard’s (MA) Q3 Earnings?

Mastercard Inc. (MA) is scheduled to report third-quarter 2017 results on Oct 31, before the opening bell. We expect results of this payments network company to reflect increased purchase volume and processed transaction. The impact of acquisitions should improve its business volume in the quarter led
by higher spending by members on an improved economy.

Here are some of the broad factors likely to affect third-quarter earnings: Increase in Gross Dollar Volume: The Zacks Consensus Estimate for Gross Dollar volume which measures all Mastercard Credit Charge and Debit programs and includes purchase volume plus cash volume, one of the main revenue
drivers, is expected to be $1.32 trillion, up almost 8% year over year.

zacks.com/mastercards-ma-q3-earnings

Why Mastercard’s Stock Could Rise 15%

Mastercard Inc. (MA) shares have soared by nearly 45 percent so far in 2017, driven by substantial revenue and earnings growth. According to reports, Bernstein upped its price target on the company to $166, indicating a nearly 15% advance. Mastercard is set to report 3Q results on October 31 before the
start of trading.

Wall Street consensus estimates call for revenue to have increased by nearly 14 percent in the third quarter from a year ago, to $3.281 billion. Meanwhile, earnings per share are expected to have climbed by 13.6 percent to $1.23, as consumers continued to expand their volume of retail purchases online and through other venues.

investopedia.com/mastercards

MA-Mastercard 10-31-17 Before Earnings

MA-Mastercard 10-31-17 Before Earnings

bitcoin

Crypto Mania – Why “It Is Currently Rational To Be Irrational”

Following JP Morgan CEO, Jamie Dimon’s, now infamous rant about Bitcoin being a fraud, a great product for criminals and having no value, Adam Ludwin, CEO of Chain.com, wrote “A Letter to Jamie Dimon”, which received some coverage in the financial media for its balanced discussion regarding the
outlook for cryptocurrencies.

http://www.zerohedge.com/news/2017-10-30/crypto-mania-why-it-currently-rational-be-irrational

Today's Trade of the Day | 10-31-17

K-Kellog 10-31-17

K-Kellog 10-31-17

K-Kellogg showing persistent bearish order flow and a new 20 day low. Game planning a new short sale with a $58.50 sell stop. Target to cover is $54.50, stop loss on a close above $59.25

SPY ETF Chart 10-31+-17

SPY ETF Chart 10-31+-17

SPY ETF heavier volume, false breakout and whippy price action. Time to tighten up your stop loss.

HEADLINE NEWS

S&P 500 Heatmap

S&P 500 Heatmap 10-31-17

Stocks to Trade | Tuesday Edition 10-31-17

Bullish Momentum: LYB, FSLR, YELP, AVGO, CCI, CLR, HTZ, MU, NTNX

Bearish Momentum: tmus, fl, tal, expe, khc, kss, ups, eqt, bzun

ORDER FLOW

Bullish Order Flow: LYB, FSLR, AAPL, NTNX, FB, MPC, NVDA, AMZN, UTX, MCD, COP, V, MA, PYPL, ADI, MSFT, CRM, MAR, JPM, COF, Q, DE, ADBE, AXP, LRCX, CAT, ADP, HD, WMT, DLTR

Bearish Order Flow: evhc, fl, khc, cl, omc, pm, cvs, cah, ctrp, agn, aap, momo, mnk, slb, chtr, wba,
celg, dish

Double Normal Volume: MRK, CELG, TMUS, LEN, TAL, AXTA, LYB, FLSR, EXPE, MA, DISH, CCI

Inside Days: twtr, wba, wfc, gild, c, bm, ebay, xom, cvx, amat, dis, cop, wdc, esrx, luv, tsla, dal, adm, lvs, adbe, urbn

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