72 procent av alla icke-professionella kunder förlorar pengar på CFD-handel hos den här leverantören. Du bör tänka efter om du har råd med den stora risk som finns för att du kommer att förlora dina pengar.


Technology Earnings preview week of February 8 DIS, TWTR, TSLA

Technology Earnings preview week of February 8  DIS, TWTR, TSLA

By Colin Cieszynski, Chief Market Strategist and Jasper Lawler, Market Analyst, CMC Markets LinkedIn and Lions Gate collapses remind traders not to be complacent about earnings The biggest action in the tech sector by far of the week was the 40% plunge that followed LinkedIn’s earnings report Thursday night. What’s particularly amazing is that traders totally ignored a big beat on earnings, $0.94 vs street $0.78, and steady sales of $861M vs street $857M. Instead, traders totally focussed on soft 2016 sales guidance of $820M below street $867M for Q1 and $3.60-$3.65B below street $3.90B for the full year. This fall off a cliff confirms that the street is far more focused on assessing future prospects than rewarding past performance. LNKD shares plunged on the open Friday taking out a channel bottom near $170 and leaving a huge bearish breakaway gap in its wake. With momentum plays like Tesla Motors and fallen stars like Twitter reporting this week, we could still see significant moves following reports and that any sign of softness could be punished severely. Friday morning also saw the shares of Lions Gate plunge, falling near 30% after the company reported a big miss on earnings $0.42 vs street $0.50, and on sales $670M vs street $765M. Management blamed the short fall on The Hunger Games: Mockingjay Part Two which even at $650M gross box office was considered a disappointment relative to its predecessor. The company indicated that the film’s underperformance has its earnings running $100M below forecast. More importantly, perhaps, this result also reminded the street that big franchise films are not guaranteed success and wondering what the company can do for an encore. Perhaps the most important takeaway from both of these nosedives is that even though recent market declines have brought down expectations somewhat, stocks can still fall further if the news is bad enough. Technology/Entertainment Earnings outlook for the coming week Walt Disney Feb 9 AMC Street $1.44 13.7% growth Sales $14.7B 10.0% growth Forward P/E 16.8 The House of Mouse’s shares could reach a critical turning point around its earnings report. The shares have been trending lower since mid-December as speculation shifted from how well Star Wars: The Force Awakens could do to how 2016 could be shaping up without an Avengers movie and questions over whether Rogue One will do as well as other Star Wars movies without the main cast of characters. Many companies have done well on earnings and then disappointed on guidance this quarter and Disney appears at risk of doing the same. Results from its cable networks like ESPN could also be critical. The shares are retesting their summer lows which came after disappointing news from the network side which has been losing viewers to streaming services like Netflix. While one would think expectations are relatively low, and a bounce possible Lion’s Gate’s plunge Friday indicates that the risk of further declines can’t be ruled out. Twitter Feb 10 AMC Street $0.12 0.1% growth Sales $710M 48.2% growth Forward P/E 40.8 This week’s results could be a make or break moment for Twitter. The shares have been under relentless pressure for the last nine months, falling to all-time lows under $20.00. Rumours have been floating around over the last week suggesting more disappointing subscriber growth and LinkedIn’s selloff suggests sentiment toward social media companies other than Facebook is wary. Recent middle management departures also suggest the potential for disappointment or at least a lower chance of a positive surprise. Takeover rumours have come and gone with each one having less impact on the shares which suggest either potential suitors don’t like what they see or the rumours are more hope than reality. On the other hand, if any of them turn out to be true, shares could take off in a big hurry. And you never know, takeover bids often are announced around earnings reports. Look at the grasping at straws rumours of a deal between Hasbro and Mattel last week in between the two companies’ results. This week’s results and the trading response may give an indication of whether can turn it around like Facebook did after its rocky start as a public company, if Twitter’s star could continue to fall like Groupon or if it could attract takeover offers from bargain hunters. Tesla Motors Feb 10 AMC Street $0.10 growth Sales $1,824M 66.4% growth Forward P/E 209.5 Much of the potential growth for Tesla comes from the company transitioning electric / autonomous driving vehicles from the niche luxury space into mass production. This transition is happening slower than hoped and leaves the company open to competition from the likes of Apple, Google and the traditional automakers. The announcement of a slower than expected number of deliveries of its new SUV, the Model X in the fourth quarter implies full year 2015 deliveries at the low-end of Tesla’s full year guidance of 50,000-52,000 units. As a higher margin model, slower Model X production could also weigh on earnings. The chart below shows the share price near a long term support zone between $180 and $195. If the company can surprise with higher deliveries, especially of the Model X, it could support a rise back towards$ 240. Worse than expected deliveries could see $180 eventually break and prompt a sharp decline towards $150. Weekly candlestick chart for Tesla Source: CMC Markets, 26/1/2016 About CMC Markets CMC Markets is Canada's leading online CFD provider and was the first company in the world to offer online FX trading. With offices in Toronto, CMC Markets has been offering CFDs and FX to Canadian traders since 2005. Since Peter Cruddas founded CMC Markets in 1989, the company now services more than 80,000 clients worldwide, who placed approximately 30 million trades last year. For more information on CMC Markets visit This commentary is based upon technical analysis. Technical analysis does not consider any of the fundamentals of an underlying company, and as such is inherently uncertain and should not be the only factor considered by an investor in making an investment decision. CMC Markets Canada Inc. is a member of the Investment Industry Regulatory Organization of Canada and Member-Canadian Investor Protection Fund / Membre-Fonds canadien de protection des épargnants. CFDs are distributed in Canada by CMC Markets Canada Inc. dealer and agent of CMC Markets UK plc. Trading CFDs and FX involves a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. CMC Markets is an execution only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities. CFD and FX trading is available in jurisdictions in which CMC is registered or exempt from registration, and in Alberta is available to Accredited Investors only. CMC Markets is an execution only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. Note that any references to CFD prices or price changes are sourced from CMC Markets' proprietary trading system Marketmaker™. Copyright 2016, CMC Markets. All rights reserved.

CMC Markets erbjuder sin tjänst som ”execution only”. Detta material (antingen uttryckt eller inte) är endast för allmän information och tar inte hänsyn till dina personliga omständigheter eller mål. Ingenting i detta material är (eller bör anses vara) finansiella, investeringar eller andra råd som beroende bör läggas på. Inget yttrande i materialet utgör en rekommendation från CMC Markets eller författaren om en viss investering, säkerhet, transaktion eller investeringsstrategi. Detta innehåll har inte skapats i enlighet med de regler som finns för oberoende investeringsrådgivning. Även om vi inte uttryckligen hindras från att handla innan vi har tillhandhållit detta innehåll försöker vi inte dra nytta av det innan det sprids.

Standardiserad riskvarning: CFD-kontrakt är komplexa instrument som innebär stor risk för snabba förluster på grund av hävstången. 72 procent av alla icke-professionella kunder förlorar pengar på CFD-handel hos den här leverantören. Du bör tänka efter om du förstår hur CFD-kontrakt fungerar och om du har råd med den stora risk som finns för att du kommer att förlora dina pengar.