ORCL – Oracle Corp Earnings Report | 12-14-17

ORCL - Oracle Corp Earnings Report

ORCL - Oracle Corp Earnings Report

Oracle Earnings Preview: Will Cloud Drive Growth Again?

While it’s a generally a quiet time for companies reporting, tech giant Oracle Corporation-ORCL is one of the exceptions and it reports earnings for the fiscal second quarter of 2018 after the market closes on Thursday, December 14.

ORCL’s cloud division has been a consistent focus among analysts and CEO Safra Catz has attributed the company’s recent earnings and revenue growth to the results in that division. In the first quarter of fiscal 2018, ORCL reported that total cloud revenues grew 51 percent year-over-year to $1.47 billion, excluding the impacts of foreign exchange.

benzinga.com/oracle-earnings

Oracle Earnings Preview: Cloud-Based Segments To Continue To Drive Growth

Oracle is scheduled to announce its Q2 fiscal 2018 results on Thursday, December 14. The company has reported a solid set of results in recent quarters, primarily driven by strong demand for cloud services. Oracle’s IaaS, PaaS and SaaS revenues grew at high double digits through the year, with the trend expected to continue through fiscal 2018 as well.

On the other hand, revenues from the company’s core software licenses business, hardware business and its services segment have largely stagnated, partially offsetting the surge in its cloud business.

We have a $51 price estimate for Oracle’s stock, which is about in line with the current market price. Oracle’s stock price has rallied from $38 at the beginning of the year to around $52 currently, following a strong results and positive guidance from the company.

forbes.com/oracle-earnings-preview

ORCL-Oracle Corp 12-14-17 Before Earnings

ORCL-Oracle Corp 12-14-17 Before Earnings

Today's Bitcoin News

As Bitcoin Soars, Advocates Seek to Head Off New Restrictions

Bitcoin enthusiasts struck it rich this year as the cryptocurrency surged. Now they’re preparing for battle in Washington to protect their industry’s ascent.

Advocacy groups are gearing up in Washington for a lobbying push in 2018, looking to limit legislation that would subject cryptocurrencies to more regulation and change tax-reporting requirements. Organizations such as the Chamber of Digital Commerce, Coin Center Inc. and the Bitcoin Foundation say they’re concerned about stifling innovation.

Their top targets include a Senate bill that would include digital currency in an update of money-laundering laws, requiring more entities to police potentially illicit transactions.

Continue Reading == >

Bitcoin fever exposes crypto-market frailties
https://www.reuters.com/article/us-markets-bitcoin-risks-insight/bitcoin-fever-exposes-crypto-market-frailties-idUSKBN1E7254

BTC Bitcoin Chart 60 Minute 12-14-17

BTC Bitcoin Chart 60 Minute 12-14-17

Today's Trade of the Day | 12-14-17

BABA-Alibaba Chart 12-14-17

BABA-Alibaba Chart 12-14-17

BABA-Alibaba steep bearish decline sets up a new bias for order flow. Something to keep in mind is the stock price is at the first stage of a change of trend. This means I plan to risk less, to minimize the down side, until the new bearish order flow matures.

Yesterday traded into an inside day. I am looking for a breakdown and a $176 sell stop. My stop loss is on a close above $180. Initial profit target to cover the short is $164.50.

SPY ETF Chart 60 Minute 12-14-17

SPY ETF Chart 60 Minute 12-14-17

HEADLINE NEWS

Stock Market Sector Performance

Stock Market Sector Performance 12-14-17

Stock Market Sector Performance 12-14-17

Stocks to Trade | Thursday Edition 12-14-17

MOMENTUM

Bullish Momentum: OSTK, CAT, NKE, NKTR, CAR, TGT, AABA, FL, HFC, HTZ

Bearish Momentum: sm, sq, wll, hes, nvda

ORDER FLOW

Bullish Order Flow: CAT, NKTR, CAR, HON, HCA, DVA, LB, KSS, MCD, ROST, HD, BA, VLO, DE, LYB, DG, MCK, TSCO, COST, AMZN, V, MAR, UNP, DLTR, FSLR, COF, ROKU, RIOT

Bearish Order Flow:

Double Normal Volume: VRX, FNSR, FOXA, AABA, RIOT, LITE, FOX, OSTK

Inside Days: msft, baba, wfc, orcl, fb, jnj, myl, jci, wmb, crm, oxy, apa, lvs, ma, lrcx, pep, cf, dks, urbn

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