This week, the indexes ended higher with the Dow Jones hitting a new record! We continue to see a slow rise in the market...We look forward to next week when some of our favorite companies will be releasing their earnings 😎.
Here's a look at the 5-day change for ETF's SPY (or the S&P 500), DIA (or the Dow 30), and QQQ (or the Nasdaq 100).
SPY : 2.06%, closed at $453.12
DIA : 1.53%, closed at $356.74
QQQ : 1.76%, closed at $374.1
The workforce does not see a rush in of workers even as jobless aid is revoked. It looks like the pandemic has made people reflect and want to change their work...or not work?
The Chinese real estate group avoided it's default on Friday by making a payment. There are still more payments to come.
Mumbai opens their theaters after 18 months as their pandemic restrictions are eased.
Here's earnings for the upcoming week:
Visa Inc (V): 2021-10-26 After Market Close (Estimated EPS: 1.53)
Alphabet Inc (GOOGL): 2021-10-26 After Market Close (Estimated EPS: 23.13)
Microsoft Corp (MSFT): 2021-10-26 After Market Close (Estimated EPS: 2.06)
Facebook, Inc (FB): 2021-10-25 After Market Close (Estimated EPS: 3.2)
Advanced Micro (AMD): 2021-10-26 After Market Close (Estimated EPS: 0.61)
Waste Management (WM): 2021-10-26 Before Market Open (Estimated EPS: 1.33)
Capital One (COF): 2021-10-26 After Market Close (Estimated EPS: 5.22)
McDonald's (MCD): 2021-10-27 Before Market Open (Estimated EPS: 2.46)
Coca-Cola (KO): 2021-10-27 Before Market Open (Estimated EPS: 0.57)
Starbucks Corp (SBUX): 2021-10-28 After Market Close (Estimated EPS: 1)
Apple Inc (AAPL): 2021-10-28 After Market Close (Estimated EPS: 1.23)
Amazon.com (AMZN): 2021-10-28 After Market Close (Estimated EPS: 8.72)
Mastercard Inc (MA): 2021-10-28 Before Market Open (Estimated EPS: 2.18)
Visa (V) 💳
V is a multinational financial services corporation. You most likely have one of their debit or credit cards and hopefully, you use them wisely 😊. This company provides financial institutions, payment products that they use to offer their customers. One way V makes money is off of their processing fees. Every time someone makes a purchase with their card, V gets a small percentage. It doesn't sound like much, but when you take the volume of transactions into consideration, it all adds up 💰. Let's PAY attention to their fundamentals 🔎.
2020-09-30 : $21.85B
2019-09-30 : $22.98B
2018-09-30 : $20.61B
2017-09-30 : $18.36B
2016-09-30 : $15.08B
2021-07-27 : beat (Estimate: 1.35, Actual: 1.49)
2021-04-27 : beat (Estimate: 1.27, Actual: 1.38)
2021-01-28 : beat (Estimate: 1.28, Actual: 1.42)
2020-10-28 : beat (Estimate: 1.09, Actual: 1.12)
Historical Stock Price Returns:
3-month : -7.21%
1-year : 15.99%
5-year : 177.68%
Visa (V) Max Chart (Yahoo Finance)
We can see that V has a strong upwards trend. The company did have lower annual top-line revenue during the pandemic which is understandable because people couldn't travel and go out to spend money. V has also delivered 4 consistent beats. When we invest in long-term holds, we typically like to see an increasing annual top-line revenue and a consistent, strong upwards trend. If you would like to learn more, join our level 1 and 2 courses to learn how we utilize the wheel strategy to make money during neutral markets and how we trade LEAPs to take advantage of bull markets!
Who Competes with V?
A few of V's competitors include Mastercard Incorporated (MA), Bank of America Corporation (BAC) and JPMorgan Chase & Co. (JPM).
Just as a PSA, we released our discord channel! Log in and go to the dashboard at www.calltoleap.com/courses and scroll to the bottom of the page for instructions on how to get plugged into the community.
If you're a paid subscriber, remember to check in on positions in the wheel in your dashboard or in the course pages! Until next time!
- Call to Leap Team