International Business Machines Corp. (IBM) Earnings Preview

International Business Machines Corporation (IBM) is a technology company operating in five business segments: Global Technology Services, Information Technology, Global Business Services, Systems and Technology and Software. The stock is currently trading around $172.67 at the middle of its 52 week range of $149.52-$196.40. The stock has been outperforming the market this year rising 7.69% year to date. IBM is scheduled to report earnings after the closing bell today, and the stock is up on the day by $0.22 or 0.13% ahead of the close.

Over the past 12 quarters IBM has rallied on earnings day 4 times with an average move of 4.66%. The stock appears bullish on a chart going into the release having traded above or in the Ichimoku Cloud for the past few months since late-March on the daily bars. Over the past 12 quarters IBM has rallied from earnings to the nearest options expiration 3 times with an average move of 4.93%. The stock looks as if it could rip to the upside in today’s session following the 4 month trend. Investors are expecting to see how the company performs at earnings largely due to disappointing earnings in previous quarters. The company has reported declining revenues on a year-over-year basis, and intensifying competition in the industry continue to be major headwind.

The options market is currently implying a move of around $6.90 or 4.0% in IBM by this Friday’s close giving us targets of $165.77 and $179.57.

Verizon Communications (VZ) Earnings Preview

Verizon Communications (VZ) is a holding company that, acting through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. The stock is currently trading around $47.80 at the lower end of its 52 week range of $45.09-$53.66. The stock has been performing in line with the market this year rising 2.17% year to date. VZ is scheduled to report earnings before the opening bell tomorrow, and the stock is up on the day by $0.26 or 0.54% ahead of the close.

Over the past 12 quarters VZ has rallied on earnings day 6 times with an average move of 2.17%. The stock appears bearish on a chart going into the release having traded below the Ichimoku Cloud for the past few months since early June on the daily bars. Over the past 12 quarters VZ has rallied from earnings to the nearest options expiration 7 times with an average move of 2.25%. The stock looks as if it could rip to the upside in today’s session following today’s trend. Investors are expecting to see how the company will perform on earnings tomorrow due to consistent market share gain. The company has also seen strong LTE (Long Term Evolution) sales increase and the roll-out of FiOS Internet have been key for growth. Additions of tablet and Wi-Fi devices are increasing number of gadgets per customer, contributing to revenue.

The options market is currently implying a move of around $0.85 or 1.8% in VZ by this Friday’s close giving us targets of $46.95 and $48.65.

Morgan Stanley (MS) Earnings Preview

Morgan Stanley (MS) is a financial holding company providing a variety of products and financial services to a group of clients and customers, including corporations, governments, financial institutions and individuals. The stock is currently trading around $39.91 at the upper end of its 52 week range of $31.12-$40.26. The stock has been performing in line with the market this year rising 2.86% year to date. MS is scheduled to report earnings before the opening bell on Monday, and the stock is unchanged today on the session ahead of the close.

Over the past 12 quarters MS has rallied on earnings day 8 times with an average move of 3.49%. The stock appears bullish on a chart going into the release having traded above or in the Ichimoku Cloud for the past few months since mid-April on the daily bars. Over the past 12 quarters MS has rallied from earnings to the nearest options expiration 9 times with an average move of 3.65%. The stock looks as if it could rip to the upside in today’s session following the 3 month trend. Investors are expecting to see how the company performs after reporting 176 deals worth $569 billion. Despite near zero interest rate environments, investors have seen pickup in consumer and commercial loan demand to aid the company’s net interest income.

The options market is currently implying a move of around $1.25 or 3.1% in MS by this Friday’s close giving us targets of $38.66 and $41.16.

Halliburton Company (HAL) Earnings Preview

Halliburton Company (HAL) is a provider of services and products to the upstream oil and natural gas industry operating under two divisions: the Completion and Production segment and the Drilling and Evaluation segment. The stock is currently trading around $39.92 at the lower end of its 52 week range of $37.21-$74.33. The stock has been performing in line with the market this year rising 1.53% year to date. HAL is scheduled to report earnings before the opening bell on Monday, and the stock is bearish today falling by $0.14 or 0.35% on the session ahead of the close.

Over the past 12 quarters HAL has rallied on earnings day 9 times with an average move of 3.19%. The stock appears bearish on a chart going into the release having traded below the Ichimoku Cloud for the past month since mid-June on the daily bars. Over the past 12 quarters HAL has rallied from earnings to the nearest options expiration 10 times with an average move of 4.51%. The stock looks as if it could reverse today’s trend and rip to the upside in today’s session receiving support at the $39.66 venom line. Investors are expecting to see a continued trend of beating earnings. In the past few quarters the company has performed primarily due to robust contracts and new technologies while expanding its international footprint.

The options market is currently implying a move of around $1.75 or 4.4% in HAL by this Friday’s close giving us targets of $38.17 and $41.58.

Ericsson (ERIC) Earnings Preview

Telefonaktiebolaget LM Ericsson (ERIC) is a provider of communications technology, services, software and infrastructure for mobility, broadband and the cloud in telecom industry and other sectors. The stock is currently trading around $10.59 at the lower end of its 52 week range of $9.92-$13.28. The stock has been under performing the market this year falling 12.81% year to date. ERIC is scheduled to report earnings before the opening bell tomorrow, and the stock is quite bullish today ripping to the upside by $0.20 or 1.92% on the session ahead of the close.

Over the past 12 quarters ERIC has rallied on earnings day 5 times with an average move of 5.88%. The stock appears bearish on a chart going into the release having traded below the Ichimoku Cloud for the past few months since late May on the daily bars. Over the past 12 quarters ERIC has rallied from earnings to the nearest options expiration 7 times with an average move of 6.78%. The stock looks as if it could continue today’s trend and rip to the upside in today’s session receiving a lot of support. Investors are expecting to see slow growth in its North American revenues to be offset by the strengthening USD, but expect strong growth in Asia and Africa and moderate growth in Europe. The company has implemented ongoing cost and efficiency programs to improve profit margins.

The options market is currently implying a move of around $0.68 or 6.4% in ERIC by this Friday’s close giving us targets of $9.91 and $11.27.

General Electric Company (GE) Earnings Preview

General Electric Company (GE) is a diversified infrastructure and financial services company offering products ranging from aircraft engines, power generation, oil and gas production equipment to household appliances. The stock is currently trading around $26.93 at the middle to upper end of its 52 week range of $23.41-$28.68. The stock has been outperforming the market this year rallying a 6.61% year to date. GE is scheduled to report earnings before the opening bell tomorrow, and the stock is bullish today rising by $0.16 or 0.60% on the session ahead of the close.

Over the past 11 quarters GE has rallied on earnings day 5 times with an average move of 3.35%. The stock appears bullish on a chart going into the release having traded above or in the Ichimoku Cloud for the past few months since early April on the daily bars. Over the past 11 quarters GE has rallied from earnings to the nearest options expiration 5 times with an average move of 2.58%. The stock looks as if it could continue today’s trend and rip to the upside in today’s session. Investors are mainly looking to see how the company has been rebuilding the high-margin industrial operations. Both per-share earnings and revenue numbers are expected to be down from a year ago, setting a low bar for the company.

The options market is currently implying a move of around $0.55 or 2% in GE by this Friday’s close giving us a downside target of $28.93 and an upside target of $24.93.

Google Inc. (GOOGL) Earnings Preview

Google Inc. (GOOGL) provides its products and services in more than 100 languages and more than 50 countries, regions and territories offering a range of products across screens and devices. The stock is currently trading around $590.07 at the upper end of its 52 week range of $490.91-$608.91. The stock has been outperforming the market this year rallying 11.05% year to date. GOOGL is scheduled to report earnings after the closing bell today, and the stock is bullish today rising by $6.11 or 1.05% on the session ahead of the close.

Over the past 5 quarters GOOGL has rallied on earnings day 3 times with an average move of 3.24%. The stock appears to show no real trend on a chart going into the release having traded between the 535 support and 585 resistance for the past 4 months until the stock ripped to the upside reaching 590 in the past week on the daily bars. Over the past 5 quarters GOOGL has rallied from earnings to the nearest options expiration 3 times with an average move of 3.24%. The stock looks as if it could continue today’s trend and gain momentum in today’s session. Investors are looking to see whether the company has been able to win over more mobile traffic or not. The company also faces decelerating revenue and is looking for ways to curb their expenses.

The options market is currently implying a move of around $20.95 or 3.6% in GOOGL by this Friday’s close giving us targets of $569.12 and $611.02.

Netflix, Inc. (NFLX) Earnings Preview

Netflix, Inc. (NFLX) is a provider or internet television network with 57 million streaming members in over 50 countries watching more than two billion hours of TV shows and movies per month. The stock is currently trading around $98.51 at the lower end of its 52 week range of $97.90-$100.75. The stock has been outperforming the market this year rallying a whopping 101.37% year to date. NFLX is scheduled to report earnings after the closing bell today, and the stock is bearish today falling by $1.86 or 1.85% on the session ahead of the close.

Over the past 12 quarters NFLX has rallied on earnings day 6 times with an average move of 17.74%. The stock appears bullish on a chart going into the release having traded above or in the Ichimoku Cloud for the past few months since early March on the daily bars. Over the past 12 quarters NFLX has rallied from earnings to the nearest options expiration 6 times with an average move of 20.06%. The stock looks as if it could continue today’s trend and lower in today’s session. Investors typically see a weaker Q2 domestic subscriber growth due to warm weather in the Northern Hemisphere encouraging people to go outside and watch less TV. Netflix warned the subscribers during Q2 is likely to decline year after year. The company has watched the domestic streaming contribution margin skyrocket over the past year due to slowing content cost growth meaning greater profit for Netflix.

The options market is currently implying a move of around $4.45 or 4.5% in NFLX by this Friday’s close giving us targets of $94.06 and $102.96.

eBay Inc. (EBAY) Earnings Preview

eBay Inc. (EBAY) is a global technology company that has created an open source platform that provides software developers and merchants access to its applications programming interfaces to develop software and solutions for commerce. The stock is currently trading around $63.68 at the upper end of its 52 week range of $46.34-$64.29. The stock has been outperforming the market this year rallying 13.83% year to date. EBAY is scheduled to report earnings before the opening bell tomorrow, and the stock is bullish today rising by $0.14 or 0.22% on the session ahead of the close.

Over the past 12 quarters EBAY has rallied on earnings day 7 times with an average move of 5.03%. The stock appears bearish on a chart going into the release having traded above or in the Ichimoku Cloud for the past few months since early April on the daily bars. Over the past 12 quarters EBAY has rallied from earnings to the nearest options expiration 7 times with an average move of 5.03%. The stock looks as if it could continue today’s trend and rip to the upside in today’s session. Investors saw last quarter the company was not influenced by strong currency headwinds and hope to see the continued trend. eBay is splitting its Marketplace and PayPal businesses so investors will receive one share of Paypal for every share of eBay they own to carry out the day after earnings release.

The options market is currently implying a move of around $2.39 or 3.8% in EBAY by this Friday’s close giving us targets of $61.29 and $66.07.

Citigroup Inc. (C) Earnings Preview

Citigroup, Inc. (C) is a financial services holding company providing consumers, corporations, governments and institutions with services including consumer banking and credit, corporate and investment banking, securities brokerage, trading and security services and wealth management. The stock is currently trading around $56.50 at the upper end of its 52 week range of $46.60-$57.64. The stock has been outperforming the market this year rallying 4.18% year to date. Citigroup is scheduled to report earnings before the opening bell today, and the stock is bullish today rising by $0.59 or 1.06% on the session ahead of the close.

Over the past 12 quarters C has rallied on earnings day 7 times with an average move of 3.06%. The stock appears bullish on a chart going into the release having traded above or in the Ichimoku Cloud for the past few months since early April on the daily bars. Over the past 12 quarters C has rallied from earnings to the nearest options expiration 7 times with an average move of 2.97%. The stock looks as if it could continue today’s trend and rip to the upside in today’s session. Investors are looking to see how the bank’s trading business has faired with weak activity. Trading in FICC (fixed income, currencies and commodities) was hugely affected. Due to low interest rates, no growth in Citigroup’s net interest revenue is expected. However, increased M&A activity may increase revenue for the investment banking sector.

The options market is currently implying a move of around $1.35 or 2.4% in C by this Friday’s close giving us targets of $57.85 and $55.15.