Unfortunately, STT reports this morning at 7:30AM.
I can say, since 2009, the average move for STT shares on this report is a loss of 0.91%. And it was pretty much a guaranteed loser from 2009 to 2015. But since then, the moves have become more extreme.
I'll send out a chart on Notes if I can to demonstrate. Since 2016, the majority of the moves have been +/- 4.3%.
But, Wall Street expectations are for a decline in earnings from $2.17 per share to $2.03. And just a tick higher in revenue to $3.15 billion.
The options market is projecting a 5.3% move. But I think forward guidance will be key as Q3 revenue is projected to jump 15.5% with Q3 EPS increasing 8.8%.
hi Matt!
I saw today the new ETH ETFs are trading. Can you share the different ticker symbols and which one would you recommend or not and why ? thank you!
Yosef, I definitely will do so! I'll try to get this out soon!
Love it . What about STT?
Thanks Gerald!
Unfortunately, STT reports this morning at 7:30AM.
I can say, since 2009, the average move for STT shares on this report is a loss of 0.91%. And it was pretty much a guaranteed loser from 2009 to 2015. But since then, the moves have become more extreme.
I'll send out a chart on Notes if I can to demonstrate. Since 2016, the majority of the moves have been +/- 4.3%.
But, Wall Street expectations are for a decline in earnings from $2.17 per share to $2.03. And just a tick higher in revenue to $3.15 billion.
The options market is projecting a 5.3% move. But I think forward guidance will be key as Q3 revenue is projected to jump 15.5% with Q3 EPS increasing 8.8%.
Thanks a lot for your great analysis of the various trends. Your analysis have saved me a lot.
You're welcome Lattie! Glad to help!
Hello Matthew...been following you since the oxford club...any idea when you'll start a trading service?