Did You Miss Dell’s Surge?
Last week Dell’s shares surged nearly 14% higher as the company reported very strong demand for business PCs and networking services. Sales climbed 16% to $26.1 billion in Q1 vs an expectation of $25 billion. The strong earning was mainly reported as being part of a ‘return’ to the office upgrade as companies make sure that they are keeping their computers up to date.
However, although these gains have passed sometimes Seasonax can help identify these strong tendencies for strength ahead of time. Although the data set is limited in this instance over the last 4 years Dell has gained an average of 9.77% each year and has not lost value once! Is this picking up on Dell’s earnings? Do Dell’s earnings tend to underpromise and overdeliver? The Co-Chief Operating Officer Jeff Clarke said that Dell is ‘built to outperform, in a balanced and consistent way across the company’. Are dip buyers ahead?
Major Trade Risks: Any signs that US inflation is picking up should weigh on stocks as the Fed will be perceived as being needed tone more aggressive over hiking rates.
HYCM clients can access the Seasonax product in order to analyse over 25,000 currency pairs, indices, commodities, as well as individual stocks. Please contact your account manager for a free trial. Certain products & services mentioned herein may or may not be available to all clients depending on which HYCM Capital Markets Group entity their trading account(s) adheres to.
About: HYCM is the global brand name of HYCM Capital Markets (UK) Limited, HYCM (Europe) Ltd, HYCM Capital Markets (DIFC) Ltd and HYCM Limited, all individual entities under HYCM Capital Markets Group, a global corporation operating in Asia, Europe, and the Middle East.
High-Risk Investment Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to HYCM’s Risk Disclosure.