Authored by ZanderVanDerMerwe
Friday’s Movers:
- Visa Inc (V) was up 10.6% as quarterly reports came out better than expected
- Mastercard Incorporated (MA) was up 9.12% as quarterly reports came out better than expected.
- Snap Inc (SNAP) was up 7.49% as its strikes a deal with Disney, NBC and CBS.
- Nikola Corporation (NKLA) was up 7.32% as the House Committee is set to hold a hearing on Automated Vehicles.
Earnings Due:
| Stock | Symbol | Announcement date | Release Time | EPS Estimate |
| Royal Caribean Cruises Ltd | RCL | 31/1/2022 | Estimated | -$4.21 |
| PayPal Holdings Inc | PYPL | 1/2/2022 | Estimated | $1.08 |
| Autohome Inc | ATHM | 1/2/2022 | Estimated | $0.72 |
| Starbucks Corporation | SBUX | 1/2/2022 | Post-Market | $1.00 |
| Alphabet Inc | GOOG | 1/2/2022 | Estimated | $23.24 |
Stocks to watch:
Royal Caribean Cruises Ltd (RCL)
Quarterly earnings for Royal Caribean Cruises are set to be released today, with the chart still showing downward momentum as the travel company failed to break over $83.21 to continue to the top of the bigger daily range that its been trading in.
Given poor financial results we should see more downside coming to $55.75 over the coming weeks. The bottom of the daily range is trading at $65.22, given a break we should see an even bigger extension past the $55.75 levels.
