Analytics, News, and Forecasts for CFD Markets: stock news — 22-11-2017.

On 4-hour time frame chart we can see that price is now close to the upside trend line.

In this scenario, we can consider long or short entries.

However, it depends of the price how it behaves in this area.

So, we might consider a bullish movement if the price rejects the trend line (wicks touching the trend line)

Besides that, if the price breaks the trend line, then we can expect a depreciation of the Nikkei 225 to the previous relative minimums.

U.S. stock-index futures were slightly higher on Wednesday, as investors assessed a bundle of economic data and earnings reports, while awaiting the release of the minutes from the Federal Reserve's latest policy meeting. Growing oil prices provided support to the market.

Global Stocks:

Nikkei 22,523.15 +106.67 +0.48%

Hang Seng 30,003.49 +185.42 +0.62%

Shanghai 3,430.55 +20.05 +0.59%

S&P/ASX 5,986.41 +22.89 +0.38%

FTSE 7,449.04 +37.70 +0.51%

CAC 5,382.39 +16.24 +0.30%

DAX 13,156.43 -11.11 -0.08%

Crude $57.81 (+1.72%)

Gold $1,285.00 (+0.26%)

(company / ticker / price / change ($/%) / volume)

Hewlett Packard Enterprise (HPE) reported Q4 FY 2017 earnings of $0.29 per share (versus $0.61 in Q4 FY 2016), beating analysts' consensus estimate of $0.28.

The company's quarterly revenues amounted to $7.660 bln (+4.6% y/y), missing analysts' consensus estimate of $7.779 bln.

The company also issued downside guidance for Q1 FY 2018, projecting EPS of $0.20-0.24 versus analysts' consensus estimate of $0.27.

HPE fell to $13.39 (-5.1%) in pre-market trading.

HP (HPQ) reported Q4 FY 2017 earnings of $0.44 per share (versus $0.36 in Q4 FY 2016), in-line with analysts' consensus estimate.

The company's quarterly revenues amounted to $13.927 bln (+11.3% y/y), beating analysts' consensus estimate of $13.365 bln.

HPQ fell to $21.33 (-5.03%) in pre-market trading.

Deere (DE) reported Q4 FY 2017 earnings of $1.57 per share (versus $0.90 in Q4 FY 2016), beating analysts' consensus estimate of $1.44.

The company's quarterly revenues amounted to $7.094 bln (+25.6% y/y), beating analysts' consensus estimate of $6.911 bln.

DE rose to $145.79 (+4.71%) in pre-market trading.

European stocks closed higher Tuesday, aided by gains for airline easyJet PLC and car maker Volkswagen AG, as investors appeared to set aside concerns about the possibility of a new election in Germany. Equity markets in the region rose as major U.S. stock gauges rallied, with a leap in technology shares pushing the Nasdaq Composite Index COMP, +1.06% to an all-time high.

U.S. stock-market indexes ended at records and near session highs on Tuesday, finding support on another round of strong earnings, with technology shares leading the way. Investors focused on a number of corporate earnings and positive economic data. Trading volumes were expected to thin out this week as investors prepare for the long weekend following Thanksgiving holiday.

Global stocks extended their rally early Wednesday in Asia, with technology shares fueling the gains. The region saw broad advances, with Hong Kong's stock benchmark topping 30,000 for the first time in a decade, as the Hang Seng Index HSI, +0.90% continued its push toward late 2007's intraday record of 31,958.41.