Skip to content

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Post-earnings trade setups: Boeing, Ford, and Next

With Q2 earnings season in full flow, Boeing, Ford, and Next provide us with the interesting trading opportunities.

This article looks at some of the big movers off the back of recent earnings announcements to try and find stocks that seem to provide a good trading opportunity. Typically, earnings announcements and trading statements will drive a shift or enhancement of market sentiment. While many see earnings as a significant risk when holding a stock, placing trades in the wake of such events allows for greater confidence that all market knowledge has been factored into current prices.

Boeing

Boeing Co (All Sessions) shares have understandably suffered over the course of the week, with earnings being compounded by weakness in value stocks. The decline through $166 support highlights a bearish breakout following almost two-month period of consolidation. As such, further downside looks likely from here, with a breakthrough the $182.92 resistance level required to negate the current bearish view.

Source: ProRealTime

Ford Motor Company

Ford Motor Co (All Sessions) shares have rallied into a confluence of Fibonacci (61.8%) and SMA (200-day) resistance, with signs of a potential bearish turn coming into play. With the stochastic breaking back below the 80 threshold, there is a good chance we are on the cusp of another turn lower from here. With that in mind, further downside looks likely from here where a bearish signal comes from a break below the $6.67 support level. Alongside that, watch for a break through the 80 threshold in the stochastic to highlight a breakdown in momentum.

Source: ProRealTime

Next

Shares in Next PLC had enjoyed a positive reaction to earnings on Wednesday, with price rising back into the $57.05 peak from June. While price did initially break into a fresh four-month high, it seems the 200-day SMA was a step too far. With price turning lower since, there is a good chance we will see further short-term downside from here. The break back out of the overbought territory in the stochastic provides another bearish signal, with a rise through $58 threshold required to reverse this bearish outlook.

Source: ProRealTime

Act on share opportunities today

Go long or short on thousands of international stocks with spread bets and CFDs.

  • Get full exposure for a comparatively small deposit
  • Trade on spreads from just 0.1%
  • Get greater order book visibility with direct market access

See opportunity on a stock?

Try a risk-free trade in your demo account, and see whether you’re on to something.

  • Log in to your demo
  • Take your position
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Trade a huge range of popular stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Related articles

Live prices on most popular markets

  • Equities
  • Indices
  • Forex
  • Commodities


Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Monday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.