The earnings season is coming to an end
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Ford and Mosaic Are Showing Signs of a Turnaround
U.S. markets remain stretched, so the number of momentum-based trading opportunities has declined significantly. As a result, it is becoming increasingly difficult to find high-quality stocks poised for an uptrend. Today’s analysis once again features Mosaic, one of the world’s largest fertilizer manufacturers, and Ford Motor Company. We recommended Mosaic stock two weeks ago, but at that time we made the buy recommendation contingent on certain conditions being met. Those conditions have since been met, so it’s worth keeping a close eye on the stock and looking for entry opportunities. In the case of Ford, further confirmation is needed; however, the current risk-reward ratio appears favorable, so this stock may also be added to the list of long-term investment opportunities.
Hungarian Equities - Technical Analysis
After reaching the 150,000-point level, the index began to correct. However, for a meaningful short position to develop, the long-term uptrend line would also need to be broken. MOL’s share price rose steadily to the 5,000 forint level, where it had become significantly overbought, triggering a correction. Richter climbed back toward its previous all-time high before turning downward from there. Magyar Telekom’s share price showed a slight rise from the 2,500 forint level; however, if it were to remain below 2,656 forint for an extended period, this could signal a strong reversal. Opus continues to move within a downtrend, and there are no clear signs of a reversal forming at this time. Following a sharp rise, Rába is currently in a consolidation phase. It is worth looking for new long entry opportunities after a deeper retest, particularly in the range below 3,125 forints.
The second-quarter earnings season in the US is slowly drawing to a close: Cisco Systems will release its latest figures this week, followed by Home Depot, Deere, and Walmart, which will all publish their earnings reports during the week beginning August 17, and Nvidia’s report is due on August 26. Among European companies, E.ON and RWE, among others, will report this week, while among Hungarian companies, AutoWallis will publish its latest figures on August 25.
As of noon on Monday, 89% of the companies in the S&P 500 had already reported their latest figures; in terms of revenue, these companies reported results that were, on average, 3.6% above expectations; 68.8% of the companies that have released their earnings reports so far delivered a positive surprise, while 16.7% delivered a negative surprise. In terms of EPS, companies that have published their earnings reports so far reported results that were, on average, 29.4% above expectations; 87.3% of the companies that have reported so far delivered a positive surprise, while 10% delivered a negative surprise.
Of the companies in the Stoxx 600 index, 67.4% have reported so far; in terms of revenue, these companies reported figures that were, on average, 1.7% above expectations; 63.6% of the companies that have published their latest results so far delivered a positive surprise, while 20.6% delivered a negative surprise. In terms of EPS, companies that have published their earnings reports so far have, on average, reported results 4.6% above expectations; 58.4% of the companies that have reported so far delivered a positive surprise, while 35.2% delivered a negative surprise.
Over the coming week, Cisco Systems will be among the US companies to release its earnings report, followed by Home Depot, Deere, and Walmart, among others, in the week beginning August 17. On August 26, Nvidia will release its earnings report. In Europe this week, RWE and E.ON will also release their earnings reports. Among Hungarian companies, AutoWallis will publish its latest figures on August 25.
Second quarter earnings dates - 2026.08.10. – 08.14.
Second quarter earnings dates - 2026.08.17. – 08.21.
Second quarter earnings dates - 2026.08.24. – 08.28.
S&P500 second quarter earnings dates - 2026.08.10. – 08.28.
Stoxx 600 second quarter earnings dates - 2026.08.10. – 08.28.
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