Seagate Technology Earnings STX 1-29-18

STX Seagate Technology

Seagate Technology Earnings STX 1-29-18

Seagate Earnings Preview: Core Product Sales To Remain Suppressed

Seagate is scheduled to announce its fiscal Q2 2018 earnings on Monday, January 29. In recent quarters, the company has reported revenue and margin declines.

Seagate’s core product sales have remained somewhat unimpressive and gross margins remained close to the lower end of its targeted long-term gross margin range of 29-33%.

Weakness in the enterprise storage segment has been the prevalent trend over the last few quarters. While the price per unit for enterprise hard disk drives has led to lower revenues, the capacity shipped has generally grown in recent years.

forbes.com/seagate-earnings

Seagate Technology Had a Good Quarter

Seagate Technology (NASDAQ:STX) has been in fine form of late, appreciating over 30% in the past six months thanks to a better-than-expected quarterly report in October 2017.

The data storage specialist trumped earnings expectations by a wide margin because of stringent cost controls, thereby boosting investor confidence.

fool.com/seagate-technology

STX Seagate Technology Chart 1-29-18 Before Earnings

STX Seagate Technology Chart 1-29-18 Before Earnings

Cryptocurrency Trading

Crypto-Mining Malware Epidemic: 55% of Businesses Affected Worldwide, Including YouTube

Another case of “cryptojacking” was detected on YouTube and resolved by Google over the course of this week, Ars Technica reported Friday, Jan. 26.

According to the report, anonymous hackers have managed to run ads on YouTube that consumed the visitors’ CPU power and electricity in order to mine cryptocurrencies for the attackers.

The users started posting complaints on social media this week telling that their antivirus programs detected cryptocurrency mining code in the ads that have been displayed to them by Youtube.

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Bitcoin Chart BTC USD 1-29-18

Bitcoin Chart BTC USD 1-29-18

Today's Trade of the Day | 1-29-18

HCN Welltower Chart 1-29-18

HCN Welltower Chart 1-29-18

HCN Welltower Inc. showing clear bearish order flow, a bear flag and resistance at $61. This price action sets up a clean swing trade short sale. Game planning a $60.75 limit order to sell. Profit target comes in at $55.50. Stop loss on a close above $62.

SPY ETF Chart 1-29-18

SPY ETF Chart 1-29-18

HEADLINE NEWS

S&P 500 Heatmap

SP 500 Heatmap 1-29-18

SP 500 Heatmap 1-29-18

Stocks to Trade | Monday Edition 1-29-18

MOMENTUM

Bullish Momentum: ABBV, VMW, GILD, HCA, BABA, BZUN, SCG, AMGN, CAR, NVDA, ALXN, PM, KSS, WDC, TAL, PYPL, SLB, BBY, ATVI, DG, UNH, MA, UPS, AMGN, CRM, MAR, TXN, HCA, HD, UTX, DE, CAT, COST, DLTR, COF, CVX

Bearish Momentum: riot, pgr

ORDER FLOW

Bullish Order Flow: NFLX, NKTR, SQ, ABBV, NVDA, KSS, CAH, AMZN, BABA, VMW, GILD, TGT, LOW, BA, ADBE,Bearish Order Flow: alk, lite, d, aep, duk, pg, hcn

Double Normal Volume: INTC, SBUX, NWL, DVMT, VMW, WYNN, ABBV, CL, CAT, LVS, TER, XLNX, ETFC

Inside Days: nwl, amat, dal, cat, hal, aal, phm, mo, cvx, slb, luv, unp, pm, cop, tgt, dhi, myl, amtd, gs, ntap, lb, nem, mlco, nue, mon

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