Alex Marenco | 3rd degree | connection3rd Chief Market Strategist at Marenco Financial Services,helping portfolio managers to achieve their goals.

 

• Alex Marenco

    3rd degree connection3rd
  Chief Market Strategist at Marenco Financial Services,helping portfolio managers to achieve their goals.
• Chief Market Strategist

  Chief Market StrategistChief Market Strategist

  Marenco Financial ServicesMarenco Financial ServicesJul 2009 - Present · 15 yrs 8 mosJul 2009 to Present · 15 yrs 8 mos

  • • • Lead monthly seminars at Investors Business Daily meet-up presentations to an average of 75-100 financial professionals
      • Hold one-on-one tutorials on technical and fundamental analysis with clients looking to enter the stock market
      • Lead monthly seminars at Investors Business Daily meet-up presentations to an average of 75-100 financial professionals • Hold one-on-one tutorials on technical and fundamental analysis with clients looking to enter the stock market
• 

  Portfolio ManagerPortfolio Manager

  William O'Neil + Co. Inc.William O'Neil + Co. Inc.Feb 2003 - Jun 2009 · 6 yrs 5 mosFeb 2003 to Jun 2009 · 6 yrs 5 mos

  • • Produced 18% average returns from 2003 to 2009; no negative annual returns. I taught research analysts how to interpret the market with technical analysis, and published works in various IBD books and manuals.

Investor's Corner | Stock Trading: Know These 3 Basics About A Stock's Trading Volume

Here is the article. 

• ALAN R. ELLIOTT
• 11:34 AM ET 12/06/2019

Stock trading and social media share some similar traits. "Views," for instance, on a YouTube video and "likes" on Instagram and Facebook posts are basic gauges of demand. They tell advertisers and others just how many people are attracted or paying attention to a particular post.

The similar measure in stock trading is trading volume. Volume, simply put, means the number of shares trading hands — bought or sold. This can be for a day or for a week, or even a month. And it can be for an index or an entire stock exchange (NYSE and Nasdaq daily volumes are key to IBD's daily Big Picture analysis).

It is also a crucial measure for an individual stock. And for growth stocks in particular, as investors assess the buying demand behind a stock's base building and breakouts.

There are three instances in which volume is a critical measure: daily dollar volume, base building and breakouts.

Stock Trading: Volume Basics

First things first: Most stock chart services gauge volume in bar charts, running across the bottom of the typical stock price screen. This is true for IBD's stock charts at investors.com. The chart across the bottom of the screen shows blue bars for days when the stock closes higher, reddish pink bars when the stock takes a loss.

The right side of the charts shows stock volume levels, either in thousands (K) or millions (M) of shares. The horizontal red line running about midday across the screen plots the average for a stock's trading volume over the 50 most recent sessions.

Up days (blue bars) that rise above that 50-day moving average are bullish signs. Down days (red bars) in above-average trade signal at least one institutional investor is paring its position in the stock.

1. Daily Stock Trading Dollar Volume

Daily dollar volume is a way to confirm that a potential leading stock has sufficient liquidity to attract the size and number of large-scale investors that typically drive serious stock advances. Go to IBD's Stock Quote function and find the 50-day average volume measure under the Stock Data listing.

Multiply the average daily volume by the stock's price. You want the sum to be, at a minimum, in the $20 million to $25 million range. A stock that trades around $50 per share, for example, would need to trade an average of at least 400,000 shares per day. A stock that trades at $125, on the other hand, would only need an average volume of 160,000 shares.

2. Volume In Bases

When a stock is building a base, on a daily chart, you want to see more up days in above-average volume, fewer high-volume down days — especially as the stock climbs the right side of the pattern, such as the cup with handle or the flat base. This is also true for weekly volume on a weekly chart.

A high-volume day and/or week right around the low point of a cup base is a good sign. This can be either a down day, a shakeout of sellers dumping their last shares; or an up day, a new fund grabbing an initial position at what it reads as a nadir in the consolidation.

Later in a base, volume that fades to below average as a stock chart builds a handle is a good sign. This signals all would-be sellers have been shaken out during the basing process.

3. Breakout Volume

The make-or-break volume measure is breakout volume. A growth stock needs to trade in volume that is 40% above its 50-day average volume as it passes a proper buy point in order to mark a valid breakout. You can find the necessary information using the Stock Checkup function at investors.com. Near the top of the page, on the left hand side, the stock charts provide a "Volume % Change" reading. So does Stocks On The Move, a great stock list for discovering new breakouts.

You would like a growth stock to finish a breakout session with that volume % change number at least 40% for the entire day. Sometimes trading volume can be comparatively weak on the day of a breakout, but will surge sometime over the next few sessions — driving the stock higher and confirming the breakout.

陳少豪 (Howard Chen)

Here is the article. 

 主持人介紹

陳少豪 (Howard Chen)
優視頻道「財經趨勢」及「焦點財經」節目主持人。Santa Clara大學工商管理碩士 ，Western Seminary 博士。人稱財經「好老師」。

好老師現任Parah Capital Management LLC富德資金管理公司創辦人，同時擔任公司執行長及首席投資官，負責制定公司的投資戰略，並領導研究小組預測市場，內部監測和分析。

過去曾於Charles Schwab嘉信理財服務18年，擔任亞太地區副總裁，負責監督亞太區的投資，諮詢業務和活躍交易服務，監督 5大部門, 包括投資諮詢部門，主動操盤團部門主席的位置，中台港和韓國部門。具有金融投資相關經驗三十餘年。好老師的節目理念就是協助大家學習看懂財經市場趨勢，對於人生規劃能夠心中有平安。
​

MarketSurge | Uptrend | Low ATR | Easy to sell | Just start uptrend

 Just start uptrend 

Extended 

MarketSurge | Uptrend | Low ATR | Easy to sell - Volume - Dollar value - 25000

 

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ANSS earnings | Feb. 19 2025

 What’s going on here?

Ansys exceeded expectations last quarter, as booming demand for AI-powered engineering tools propelled its revenue and profitability, pushing shares up by 2%.

What does this mean?

Ansys's performance in the last quarter of 2024 saw its revenue reach $882.2 million, surpassing analyst predictions of $863.5 million. Earnings per share hit $4.44, beating the expected $3.93. Their simulation software, crucial for industries from aerospace to sports, uses generative AI for design efficiency, setting them apart from competitors like Autodesk and Dassault Systemes. Further strengthening its AI leadership, Ansys introduced the AnsysGPT chatbot and cloud-based SimAI for streamlined design processes. Besides, the European Commission approved Ansys's $35 billion merger with Synopsys, pending Synopsys offloading its optics and photonics software, and Ansys transferring its PowerArtist software to Keysight Technologies.

Why should I care?

For markets: AI fuels market confidence.

Ansys’s growth highlights the rising investor confidence in AI-driven innovations. The market's positive reaction points to the lucrative potential of AI in engineering solutions. As Ansys continues to innovate, this could signal investors to watch for growth in the AI tech space, particularly with companies advancing practical AI applications.

The bigger picture: AI reshaping industry standards.

The integration of AI tools by Ansys reflects a global shift towards digitization and automation in engineering. AI is transforming traditional industries, setting new standards for efficiency and design. The Ansys-Synopsys merger, with conditions, could further accelerate innovation and competition, marking a new era for industry standards.

TOST earnings | Feb 19 2025

 

Toast Announces Fourth Quarter and Full Year 2024 Financial Results

February 19, 2025 at 04:11 pm EST

 Share

Added a record 28,000 net locations in 2024, ending the year with approximately 134,000 Locations Annualized recurring run-rate (ARR) increased 34% to over $1.6 billion as of December 31, 2024 Fourth quarter net income was $33 million and Adjusted EBITDA was $111 million Full year 2024 net income was $19 million and Adjusted EBITDA was $373 million

Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the fourth quarter and full year ended December 31, 2024.

“Toast had a strong close to 2024, capping off a transformational year where we added a record 28,000 net locations, grew our recurring gross profit streams1 34%, delivered Adjusted EBITDA of $373 million, and achieved our first year of GAAP profitability,” said Toast CEO and Co-Founder Aman Narang. “Our record location adds show the momentum with our core customer base, and the positive signals across our newer customer groups: enterprise, international and food and beverage retail. In 2025, we’ll accelerate our efforts across these new addressable markets and continue to further differentiate our platform. We’re well on our way to our ultimate goal: serving many multiples of the 134,000 locations we do today, and delivering durable growth and strong profitability over the long term.”

Financial Highlights for the Fourth Quarter of 2024

• ARR as of December 31, 2024 was $1.6 billion, up 34% year over year.
• Total Locations increased 26% year over year to approximately 134,000.
• Gross Payment Volume (GPV) increased 25% year over year to $42.2 billion.
• GAAP subscription services and financial technology solutions gross profit was up 40% year over year to $378 million. Non-GAAP subscription services and financial technology solutions gross profit grew 39% year over year to $392 million.
• GAAP income from operations was $32 million in Q4 2024 compared to GAAP loss from operations of $(56) million in Q4 2023.
• GAAP net income was $33 million in Q4 2024 compared to GAAP net loss of $(36) million in Q4 2023. Adjusted EBITDA was $111 million in Q4 2024 compared to Adjusted EBITDA of $29 million in Q4 2023.
• Net cash provided by operating activities of $147 million and Free Cash Flow of $134 million in Q4 2024, compared to net cash provided by operating activities of $92 million and Free Cash Flow of $81 million in Q4 2023.

Financial Highlights for the Full Year 2024

• GPV for the full year 2024 increased 26% year over year to $159.1 billion.
• GAAP subscription services and financial technology solutions gross profit was up 34% year over year to $1.4 billion. Non-GAAP subscription services and financial technology solutions gross profit grew 34% year over year to $1.4 billion.
• GAAP income from operations was $16 million in full year 2024 compared to GAAP loss from operations of $(287) million in full year 2023.
• GAAP net income was $19 million in full year 2024 compared to GAAP net loss of $(246) million in full year 2023. Adjusted EBITDA was $373 million in full year 2024 compared to Adjusted EBITDA of $61 million in full year 2023.
• Net cash provided by operating activities of $360 million and Free Cash Flow of $306 million in full year 2024, compared to net cash provided by operating activities of $135 million and Free Cash Flow of $93 million in full year 2023.

Percentages may not tie due to rounding. For more information on the non-GAAP financial measures and key metrics discussed in this press release, please see the sections titled “Non-GAAP Financial Measures” and “Key Business Metrics,” as well as the reconciliations of non-GAAP financial measures to their nearest comparable GAAP financial measures at the end of this press release.

Outlook(2)

For the first quarter ending March 31, 2025, Toast expects to report:

• Non-GAAP subscription services and financial technology solutions gross profit in the range of $385 million to $395 million (27-30% growth compared to Q1 2024)
• Adjusted EBITDA in the range of $100 million to $110 million

For the full year ending December 31, 2025, Toast expects to report:

• Non-GAAP subscription services and financial technology solutions gross profit in the range of $1,745 million to $1,765 million (23-25% growth compared to 2024)
• Adjusted EBITDA in the range of $510 million to $530 million

The outlook provided above constitutes forward-looking information within the meaning of applicable securities laws and is based on a number of assumptions and subject to a number of risks. See cautionary note regarding “Forward-looking Statements” in this press release.

Recent Business Highlights

• Toast announced an expanded partnership with Uber Technologies, Inc. (NYSE: UBER), giving restaurants increased choice, and their guests more food delivery options while helping restaurants reduce costs and expand their reach by leveraging Uber’s extensive delivery network.
• In 2024, Toast was proud to partner with more than one-third of the 2024 James Beard award-winning restaurants and over half of Michelin-rated U.S. restaurants.
• Toast has signed an agreement with Ascent Hospitality Management to implement Toast Enterprise Solutions at Perkins and Huddle House restaurants across an initial 500 locations, representing Toast’s largest full service restaurant group to-date. Additionally, Toast recently signed Mendocino Farms, a fast-casual restaurant group with over 70 locations in California, who looked to Toast as a strategic partner to help modernize store operations, streamline staff trainings, and support future growth plans.

Forward earnings

 Forward earnings are an estimate of a company's earnings for upcoming periods, usually the completion of the current fiscal year and often the following fiscal year. Analysts model data with guidance from management to arrive at forward earnings.

TOST stock | Earnings | Feb. 19 2025

 

Toast

Unlike AMD, Toast is heating up in the kitchen. Shares of the popular cloud-based point-of-sale platform provider for restaurants have more than doubled over the past year. It's easy to see Toast's appeal, even if you haven't recently dined at one of the many eateries now leaning on Toast to close out customer transactions, manage third-party app orders, and tackle a growing number of behind the scenes operating functions.

There are now 127,000 locations on Toast, a 28% surge over the past year. Top-line growth has hinged largely on the success of growing its restaurant count. It's already a staple at 13% of the country's eateries, but there's still a lot of potential expansion on Toast's plate. The bottom line is no longer a cause for investor indigestion. After years of losses, Toast has turned profitable on a reported basis in back-to-back reports.

The stock may not seem cheap at 45 times forward earnings or even 33 times next year's projected net income. However, scalability should help future profits exceed revenue gains for the next few years. You won't have to wait long for the next serving of fresh financials. Toast reports its fourth-quarter results next week, after the market closes on Wednesday.

Celanese’s stock plunges on quarterly loss, weak outlook

Here is the article. 

Celanese’s (NYSE:CE) stock dropped as much as 23% on Wednesday, a day after the maker of specialty materials and chemicals reported a quarterly loss. The company is grappling with weak demand from the automotive, paints and industrial sectors that is expected to last into 2025.

“It appears Celanese (NYSE:CE) is still reducing capacity to match current demand by idling capacity/drawing down inventories, which is likely the main headwind to first-quarter guidance,” Arun Viswanathan, analyst at RBC Capital Markets, said in a February 18 report after Celanese (CE) reported results. “As such, we think earnings could be pressured in the first half of 2025 given overcapacity in autos and potential exposure to weaker regions.”

A key issue for investors will be identifying a catalyst to help improve the value of the shares, another analyst said.

“Absent a significant macro industrial recovery, asset divestiture is the key that could unlock a step-change in the leverage profile but with internal processes likely on-going we expect little incremental on this front,” Eric Boyes, analyst at financial-services firm Evercore ISI, said in a note to clients.

Losses on lower revenue

For the three-month period ended in December, Celanese (CE) swung to a loss of $1.91 billion from a profit of $701 million a year earlier.

Revenue slumped 8% to $2.37 billion, in line with the average estimate among analysts surveyed by S&P Global Intelligence. Celanese (CE) blamed the drop on declines product prices and sales volume, along with foreign currency moves.

The automotive and industrial sectors cut inventory in engineered materials, hurting fourth-quarter financials, according to Celanese (CE). The company lowered expenses and adjusted its output to match weaker demand, which pressured its working capital.

Weakness in demand and pricing are expected to continue into 2025, management said said. Celanese (CE) forecast earnings in the first quarter to be $0.25 to $0.50 a share amid soft demand. Second-quarter earnings are estimated at about $1 a share higher than the first quarter, according to the company.

Celanese (CE) plans to close its Luxembourg Mylar Specialty Films manufacturing site, which it co-owns with Teijin, to reduce expenses.

"With little indication of near-term recovery, it is our job to drive productivity and earnings growth at Celanese even if fundamental demand remains flat or declines further," Scott Richardson, chief executive since January, said in a statement.