Earnings Reports This Week: 3M, Tesla, Apple e Microsoft

3M, a Dow Jones company, released a better-than-expected first-quarter profit result Tuesday morning. Shares rose 0.5% in the early hours of this morning. MMM stock lost 30% Monday, compared with its 52-week peak.

TSLA Stock

When trading resumed on Tuesday, Tesla’s stock had fallen by only 0.7% on Monday. The shares of the electric vehicle company closed Monday morning at $1,152.97. That is approximately 13% of its cup-and-handle target. The stock reached an all-time high at 1,243.49 on November 4 and is currently around 19% away from that mark.

Apple e Microsoft

Apple stock (NASDAQ:AAPL) activated the Dow Jones loss-cutting rule of 7 percent to 8% this week with the 176.75 purchase price in Dow Jones’ double base. Apple shares’ 200-day long-term line provided support, and the stock rose 0.7% Monday. The market moved a little Tuesday morning.

Microsoft stock rose 2.4 percent Monday, but it remains below its 200- and 50-day moving averages. In addition, the 52-week peak of the stock is almost 20% lower than its current level. On Tuesday, the stock market opened lower. Microsoft will publish its earnings report after the close. Profits of $2.19 per share are expected from approximately $49 billion in sales.

Expedia, PA, and WWE are examples of these companies.

IBD MarketSmith chart analysis reveals that the company’s shares gained by 15.5% above the April 21 entry price. That indicates that the stock could be on the brink of being subject to the roundtrip sale rule. Tuesday morning, LPLA shares remained the same.

Expedia’s Thursday IBD Stock of the Day is at 204.08. The stock market is battling to reclaim its 50-day moving average.EXPE receives a 90 IBD Stock Checkup Rating out of a possible 99 IBD composite Rating. The S&P 500 index fell 1.4 percent Tuesday morning.

The stock gained much-needed support at the 50-day line after Palo Alto Networks’ roundtrip sell signal at a 572.77 purchase cost. The stock market surged by 5% on Monday. PANW stock fell 0.6 percent Tuesday morning.

Wrestling Entertainment found support on Monday at its 50-day moving mean, reducing steep losses to just 0.3%. For a cup with a handle, the stock is a little around 60.94. When the bell rang Tuesday, the share price of WWE was unchanged.

American Express

American Express (NYSE:AXP) said Monday’s gain of 2% was enough to make Monday 5% closer to the cup with the handle’s 194.45 purchase point. AXP stock prices fell slightly in early trading Tuesday.

The relative strength can be used to monitor the stock. It is now nearing its old highs, indicating that the cache outperforms the broader market.