Dear EarningsBeats Digest
Member.
Announcing...
"Market Vision 2020"
In case you had not yet heard, we just announced we will be hosting our first online financial conference - Market Vision 2020 - that you will NOT want to miss! Just click on the link below to learn more!
https://www.earningsbeats.com/public/market-vision-2020.cfm?ref=mv2020eb
Trading Places Live
Also, make sure to tune in this morning from 9-9:30 am eastern to Tom Bowley's Trading Places Live! Here is a link to access the show: https://zoom.us/j/248920901
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Can The Semiconductors Do It Again?
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We have seen several semiconductor stocks blow past Wall Street consensus estimates in their quarterly earnings reports and the group is about to get a few more chances later this week. After the bell on Thursday, two notable semiconductors will report their latest results, NVIDIA Corp (NVDA) and Applied Materials (AMAT). They are both trending higher into earnings, although I do prefer one over the other. AMAT has been trending higher for a longer period of time, both on an absolute and relative basis. We've already seen huge earnings reports from Lam Research (LRCX) and KLA Corp (KLAC), two semiconductor equipment manufacturers (similar to AMAT). Here's the latest technical view of AMAT:
