The Piqqem Blog

Ford - Sentiment Remains Strong Ahead of Earnings

Posted by jettwinter on April 26, 2010 in F, ^SPX, TTM, and TM. 1 comment

Ford  (F) is scheduled to release Q1 earnings this Tuesday April 27th, before the market opens. Average analyst estimates for the US automaker are $.31/share in EPS and $30.49 billion in Revenue.  Twelve analysts track the stock with two upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days. Last quarter, Ford beat average analysts expectations by .17/share, .43/share vs. .26/share.

I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.  One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.  In the case of Ford, I will use the piqqem sentiment index for Ford to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.

 I’m looking for moves or changes that may foreshadow the earning release.  (piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).

Sentiment for Ford

Source Piqqem

Will Ford follow the growth path of Tata Motors (TTM), or is Ford ready to breakdown with the likes of Toyota (TM)?

The above chart shows Ford’s sentiment increasing by 14 points from the beginning of the quarter thru today.  As a comparison, sentiment for the S&P index dropped 17 pts in the same period, which makes Ford’s sentiment increase even more impressive. On the Piqqem scale, Ford’s sentiment rating of 46.91 is considered a buy and its absolute sentiment indicates a high quality stock. Only Ford knows their actual results, but current sentiment points to the US Automaker delivering good news on Tuesda

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Dendreon, Capital One lead the way as Weekly Market Sentiment Moves above 30 Day Moving Average

Posted by jettwinter on April 25, 2010 in COF, DNDN, ^DJI, ETFC, GS, ^IXIC, ^RUT, and ^SPX.

Piqqem released its weekly sentiment for the week ending April 23, 2010 and it shows overall market sentiment moving above the 30 day moving average.  The move was lead by the Nasdaq (.IXIC) and the Russell 2000 which showed sentiment gains, while both the S&P 500 (.INX) and the Dow Jones Industrial Average (.DJI) showed declines.  Overall market sentiment is at 8.60 up over 1.5 pts in the last week.  The sentiment trend implies that market confidence has moved above neutral, but expectations remain cautious with the potential for market consolidation in the near term.   In a neutral signal for the week, there was 1 stock increasing in sentiment for every 1 stock decreasing in sentiment.

This Week’s Sentiment Winners & Losers

For individual stocks, the weekly winners included Dendreon (DNDN) and Capital One (COF), while the stocks dropping most in sentiment included E-Trade (ETFC) and Goldman-Sachs (GS).

About the Piqqem Market Sentiment Index

Piqqem tracks sentiment on all securities including stocks, mutual funds, ETFs, and major market indices. The Piqqem sentiment scale runs from 100 on the high end to -100 on the low end.  The actual Piqqem Market Sentiment Index is proprietary blend of multiple factors including sentiment specific to the four major indices: Dow Jones 30, S&P 500, Nasdaq 100, Russell 2000.

 

 

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Amazon - Sentiment Stabilizes Ahead of Earnings

Posted by jettwinter on April 22, 2010 in AMZN, AAPL, BKS, BGP, and ^IXIC.

Amazon  (AMZN) is scheduled to release Q1 earnings this Thursday April 22th, after the market close. Average analyst estimates for the on-line retail giant are $.61/share in EPS and $6.87 billion in Revenue.  Thirty-one analysts track the stock with three upward EPS revisions in the last 30 days and one downward EPS revision in the last 30 days. Last quarter, Amazon beat average analysts expectations by .13/share, .85/share vs. .72/share.

I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.  One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.  In the case of Amazon, I will use the piqqem sentiment index for Amazon to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.

 I’m looking for moves or changes that may foreshadow the earning release.  (piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).

Sentiment for Amazon

Source Piqqem

Will Amazon follow the path of the other book retailers Barnes & Noble (BKS) and Borders (BGP).  Or is Amazon ready to soar with the likes of Apple (AAPL)?

The above chart shows Amazon’s sentiment decreasing by 5 points for the quarter.  As a comparison, sentiment for the NASDAQ index dropped 16 pts in the same period, which accounts for some of Amazon’s overall sentiment decline. On the Piqqem scale, Amazon’s sentiment rating of 29.09 is considered a buy and its absolute sentiment indicates a high quality stock. Only Amazon knows their actual results, but current sentiment points to the on-line retail giant delivering relatively good news on Thursday.

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Microsoft - Sentiment Surges Ahead of Earnings

Posted by jettwinter on April 21, 2010 in MSFT, ^IXIC, NOVL, ORCL, and CRM.

Microsoft (MSFT) is scheduled to release Q1 earnings this Thursday April 22th, after the market close. Average analyst estimates for the Windows maker are $.42/share in EPS and $14.38 billion in Revenue.  Twenty-five analysts track the stock with three upward EPS revisions in the last 30 days and one downward EPS revision in the last 30 days. Last quarter, Microsoft beat average analysts expectations by .14/share, .74/share vs. .60/share.

I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.  One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.  In the case of Microsoft, I will use the piqqem sentiment index for Microsoft to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.

 I’m looking for moves or changes that may foreshadow the earning release.  (piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).

Sentiment for Microsoft

Source Piqqem

Can Microsoft can keep pace with Oracle (ORCL) and Salesforce.com (CRM).  Or is the Windows maker headed down the same path as Novell (NOVL)?

The above chart shows Microsoft’s sentiment increasing by 22 points for the beginning of the quarter thru today.  As a comparison, sentiment for the NASDAQ index dropped 20 pts in the same period, which makes Microsoft’s overall sentiment even more impressive. On the Piqqem scale, Microsoft’s sentiment rating of 32.21 is considered a buy and its absolute sentiment indicates a high quality stock. Only Microsoft knows their actual results, but current sentiment points to the Windows maker delivering good news on Thursday.

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Netflix - Sentiment Declines Ahead of Earnings

Posted by jettwinter on April 21, 2010 in AMZN, AAPL, BBI, ^IXIC, and NFLX.

Netflix (NFLX) is scheduled to release Q2 earnings this Wednesday April 21th, after the market close. Average analyst estimates for the rental giant are $.54/share in EPS and $493 million in Revenue.  Thirty analysts track the stock with three upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days. Last quarter, Netflix beat average analysts expectations by .11/share, .56/share vs. .45/share.

I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.  One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.  In the case of Netflix, I will use the piqqem sentiment index for Netflix to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.

 I’m looking for moves or changes that may foreshadow the earning release.  (piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).

Sentiment for Netflix

Source Piqqem

Can Netflix’s Sentiment keep up with Apple (AAPL) and Amazon (AMZN).  Or will it end up in the same place a Blockbuster (BBI)?

The above chart shows Netflix’s sentiment dropping by 15 pts for the quarter.  As a comparison, sentiment for the NASDAQ index dropped 13 pts in the same period, which makes some of Netflix’s sentiment drop attributable to the overall market. On the Piqqem scale, Netflix’s sentiment rating of 10.21 is considered a hold and its absolute sentiment indicates a moderate quality stock. Only Netflix knows their actual results, but current sentiment points to the rental giant delivering lackluster news on Wednesday.

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Wells Fargo – Sentiment Rebounds Ahead of Earnings

Posted by jettwinter on April 20, 2010 in BAC, C, JPM, and WFC.

Wells Fargo (WFC) is scheduled to release Q1 earnings this Wednesday April 21st, before the market opens.  Average analyst estimates for the regional bank are .39/share in EPS and $21.69 billion in Revenue.  Twenty-six analysts track the stock with five upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days.  Last quarter, Wells Fargo exceeded analyst expectations by .09/share, .08/share vs. -.01/share.

I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.  One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.  In the case of Wells Fargo, I will use the piqqem sentiment index for Wells Fargo to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.

 I’m looking for moves or changes that may foreshadow the earning release.  (piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).

Sentiment for Wells Fargo

 

Source Piqqem

Will Wells Fargo outperform Bank of America (BAC) and JP Morgan (JPM)? Or will the regional bank continue to struggle with the likes of Citigroup (C)?

The above chart shows Wells Fargo’s sentiment moving up 9 pts from their last earnings announcement and flat for the overall quarter. Sentiment for the S&P was down 14 pts in the same period which makes Wells Fargo’s sentiment increase even more impressive.  On the Piqqem scale, Wells Fargo’s sentiment rating of 27.12 is considered a buy and this absolute sentiment indicates a quality stock. Only Wells Fargo knows their actual results, but current sentiment points to the regional bank delivering good news on Wednesday.

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Apple’s Sentiment Dominance Continues Ahead of Earnings

Posted by jettwinter on April 19, 2010 in AAPL, F, GOOG, ^IXIC, and SIRI.

Apple (AAPL) is scheduled to release Q2 earnings this Tuesday April 20th, after the market close. Average analyst estimates for the Technology Giant are $2.44/share in EPS and $12.06 billion in Revenue.  Thirty-seven analysts track the stock with twenty upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days. Last quarter, Apple beat average analysts expectations by 1.59/share, 3.67/share vs. 2.08/share.

I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.  One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.  In the case of Apple, I will use the piqqem sentiment index for Apple to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.

 I’m looking for moves or changes that may foreshadow the earning release.  (piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).

Sentiment for Apple

Source Piqqem

Can Apple’s Sentiment catch Sirius (SIRI) while staying ahead of Ford (F) for the top sentiment spot.  Or will its clash with Google (GOOG) cause the Technology Giant to lose focus?

The above chart shows Apple’s sentiment remaining flat from their last earnings release thru today.  As a comparison, sentiment for the NASDAQ index dropped 13 pts in the same period, which makes Apple’s overall sentiment even more impressive. On the Piqqem scale, Apple’s sentiment rating of 50.10 is considered a strong buy and its absolute sentiment indicates the highest quality stock. Only Apple knows their actual results, but current sentiment points to the iPad maker delivering good news on Tuesday.

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Yahoo! – Sentiment Remains Depressed Ahead of Earnings

Posted by jettwinter on April 19, 2010 in EBAY, GOOG, MSFT, ^IXIC, and YHOO.

Yahoo! (YHOO) is scheduled to release Q1 earnings this Tuesday April 20th, after the market close. Average analyst estimates for the search underdog are $.09/share in EPS and $1.17 billion in Revenue.  Twenty-seven analysts track the stock with no upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days. Last quarter, Yahoo! met average analyst’s expectations of .11/share.

I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.  One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.  In the case of Yahoo!, I will use the piqqem sentiment index for Yahoo! to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.

 I’m looking for moves or changes that may foreshadow the earning release.  (piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).

Sentiment for Yahoo!

Source Piqqem

Will Yahoo! continue to struggle versus Google (GOOG) and Microsoft (MSFT) in search? Or will it find a product niche to dominant similar to eBay (EBAY)?

The above chart shows Yahoo!’s sentiment rising by 6 pts from their last earnings release thru today.  As a comparison, sentiment for the NASDAQ index dropped 13 pts in the same period, making Yahoo!’s sentiment movement more impressive. On the Piqqem scale, Yahoo!’s sentiment rating of 4.1 is considered a hold and absolute sentiment indicates a moderate quality stock. Only Yahoo! knows their actual results, but current sentiment points to the search underdog delivering uninspiring news on Tuesday.

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Alcatel-Lucent leads the way as Weekly Market Sentiment Merges with 30 Day Moving Average

Posted by jettwinter on April 19, 2010 in ANF, ALU, ^DJI, ^IXIC, NFLX, RSH, ^RUT, and ^SPX.

Piqqem released its weekly sentiment for the week ending April 16, 2010 and it shows overall market sentiment merging with the 30 day moving average.  The narrower indexes Dow Jones Industrial Average (.DJI) and the Nasdaq (.IXIC) showed sentiment gains, while the broader indexes S&P 500 (.INX) and Russell 2000 showed sentiment declines.  Overall market sentiment is at 7.18 slightly up from last week.  The sentiment trend implies that market confidence remains at neutral with expectations for market consolidation in the near term.   In a more bullish signal for the week, there were 7 stocks increasing in sentiment for every 5 stock decreasing in sentiment.

This Week’s Sentiment Winners & Losers

For individual stocks, the weekly winners included Alcatel-Lucent (ALU) and Abercrombie & Fitch (ANF), while the stocks dropping most in sentiment included Netflix (NFLX) and Radio Shack (RSH).

About the Piqqem Market Sentiment Index

Piqqem tracks sentiment on all securities including stocks, mutual funds, ETFs, and major market indices. The Piqqem sentiment scale runs from 100 on the high end to -100 on the low end.  The actual Piqqem Market Sentiment Index is proprietary blend of multiple factors including sentiment specific to the four major indices: Dow Jones 30, S&P 500, Nasdaq 100, Russell 2000.

 

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IBM – Sentiment Strengthens Ahead of Earnings

Posted by jettwinter on April 18, 2010 in DELL, ^DJI, HPQ, IBM, INTC, and ^IXIC.

IBM (IBM) is scheduled to release Q1 earnings this Monday April 19th, after the market close.  Average analyst estimates for the high tech titan are $1.93/share in EPS and $22.75 billion in Revenue.  Twenty-three analysts track the stock with one upward EPS revision in the last 30 days and no downward EPS revisions in the last 30 days. Last quarter, IBM beat average analysts expectations by .12/share, 3.59/share vs. 3.47/share.

I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.  One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.  In the case of IBM, I will use the piqqem sentiment index for IBM to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.

 I’m looking for moves or changes that may foreshadow the earning release.  (piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).

Sentiment for IBM

Source Piqqem

Will IBM keep up with the earnings performance of Intel (INTC) and Hewlett Packard (HPQ). Or is the tech giant headed for trouble with the likes of Dell (DELL)?

The above chart shows IBM’s sentiment rising by about 14 points from their last earnings announcement thru today. As a comparison, sentiment for the Dow Jones Industrial Average was flat for the same period, making IBM sentiment increase even more impressive.  On the Piqqem scale, IBM’s sentiment rating of 33.56 is considered a buy and its absolute sentiment indicates a high quality stock. Only IBM knows their actual results, but their current sentiment points to IBM delivering good news on Monday.

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