Stock Earnings Predictions 7/23/26

Here is the comprehensive video summary, complete with hyperlinked timestamps, technical analysis breakdown, price targets, key moving averages, and list of ticker symbols covered.

Video Overview & Market Context

In this market update, Randy Phinney provides technical analysis on key equity indexes, sectors, and individual stocks. He discusses the three stages of earnings reports (initial release, conference call, and regular session institution position changes), broader market breadth concerns, multi-month trading ranges in key indexes, and technical setups across various securities.

Securities & Topics Covered

Indexes, Sector ETFs & Broad Market

• 00:02:07 Invesco QQQ Trust ($QQQ): Trapped in a multi-month sideways range. A break below the T1 zone on the 60-minute chart would open up further downside toward T2, T3, and T4 targets.

• 00:20:28 SPDR S&P 500 ETF Trust ($SPY): Broke its primary uptrend line and remains locked in a multi-month sideways consolidation range, facing broad market sell-off pressure.

• 00:40:46 SPDR Gold Shares ($GLD) & 00:41:26 VanEck Gold Miners ETF (GDX): Gold is holding above key uptrend support. Bullish outlook on gold miners (GDX long setup active).

Individual Stocks & Technical Breakdown

• 00:02:30 Tesla Inc. (TSLA)

  • Outlook: Bearish (Medium-to-Low Confidence call post-earnings).

  • Technical Analysis: Experienced a pre-earnings breakdown below a well-defined primary uptrend line, followed by a 3-day backtest and impulsive rejection. PPO signal line crossing into bearish territory below -0.1. A move back to backtest the broken uptrend line would require a ~23% rally, which is not expected.

• 00:04:29 Alphabet Inc. (GOOGL)

  • Outlook: Bearish (Medium Confidence call down; down 6.64% post-earnings).

  • Technical Analysis: Broke key uptrend support and currently testing both the 200-day Simple Moving Average (SMA) and 200-day Exponential Moving Average (EMA). PPO signal line (9 EMA) in a bearish trend.

  • Objective Entry/Targets: Represents a glass-half-full long entry at 200-day support with stops below on a weekly closing basis; however, losing this support level confirms major breakdown signals.

• 00:11:18 ServiceNow Inc. (NOW)

  • Outlook: Neutral / Flat post-earnings.

  • Technical Analysis: Highlighted previous completed long trade coming off a divergent low. Reached a max potential target at $136.53 at the 200-day moving averages before plunging 33%. Currently neutral/no call into earnings.

• 00:13:26 International Business Machines Corp. (IBM)

  • Outlook: Neutral to mildly bullish (Active long position; stock trading flat).

  • Technical Analysis: Positive divergence remains intact by the skin of its teeth on the PPO.

  • Levels & Targets: Initial stop at $208.82 suspended for earnings; key support level watched at $198.74 (previous reaction high).

• 00:15:30 Texas Instruments Inc. (TXN)

  • Outlook: Bearish (Called down post-earnings; down 3.5%).

  • Technical Analysis: Pre-earnings breakdown off negative divergence.

  • Price Target: Hit key target support level at $274.89.

• 00:16:03 United Rentals Inc. (URI)

  • Outlook: Neutral/Bearish Watch (Missed initial down call due to post-earnings pop).

  • Technical Analysis: Earnings pop extended into a marginal high, keeping negative divergence intact. Close to triggering a trend-change sell signal on a breakdown below the PPO zero line. Watch for potential short entry.

• 00:18:24 Nokia Corporation (NOK)

  • Outlook: Neutral (Oversold).

  • Technical Analysis: Dropped ~44% from high; testing its primary uptrend line, 200-day SMA, and 200-day EMA. Potential objective buy zone for bulls if support holds, though no buy signal yet.

• 00:22:25 Lockheed Martin Corp. (LMT)

  • Outlook: Neutral / Review of previous completed trade setup.

  • Technical Analysis: Formed a bullish falling wedge with positive divergence at $488.92 support, leading to a strong explosive breakout. Reached target near $535/200-day MA before pulling back. Currently no active position.

• 00:27:24 American Airlines Group Inc. (AAL)

  • Outlook: Bearish (Down 7% post-earnings).

  • Technical Analysis: Broke trendline support and backtested before moving down to test its 200-day moving averages.

• 00:27:52 Blackstone Inc. (BX)

  • Outlook: Neutral.

  • Technical Analysis: Range-bound in a sideways trading box with no clear directional edge.

• 00:28:20 STMicroelectronics NV (STM)

  • Outlook: Bearish (Down 16% post-earnings).

  • Technical Analysis: Followed semiconductor sector weakness down to primary uptrend line and intersecting 200-day moving averages (final target zone).

• 00:31:07 Intel Corporation (INTC)

  • Outlook: Bearish (Medium-to-High Confidence call down for earnings).

  • Technical Analysis: Failed breakout above a trading range due to steep negative divergence. Formed a bearish rising wedge, followed by a PPO bearish crossover.

  • Price Targets: Initial target zone near key uptrend line, 200-day moving averages, and gap-fill support down at $68.32.

• 00:34:47 Comfort Systems USA Inc. (FIX)

  • Outlook: Bearish (Call down into earnings).

  • Technical Analysis: Indirect AI data center cooling play. Broke uptrend line off negative divergence and backtested. Lost its 50-day EMA and PPO flipped bearish.

  • Price Targets: Key targets down at $1,505, 200-day MA, and $1,233.

• 00:39:52 Newmont Corporation (NEM)

  • Outlook: Bullish (Call up into earnings).

  • Technical Analysis: King of the gold mining sector with positive technical divergence holding above $89.00 horizontal support. Aligns with bullish GDX position.

• 00:42:13 McDonald’s Corporation (MCD)

  • Outlook: Bearish Long-Term / Neutral Short-Term.

  • Technical Analysis: Daily chart exhibits bullish/positive divergence at horizontal support around $261.46. A break below opens downside to $245.39. On the weekly chart, MCD broke its primary secular uptrend line.

  • Objective Entries & Targets: Objective starter long at $261.46 with tight stop below; secondary support/long entry at $245.39. Major long-term bear market rally target zone sits down at $228.00.

Comma-Delineated List of Ticker Symbols Discussed

$QQQ, $SPY,$GLD, GDX, TSLA, GOOGL, NOW, IBM, TXN, URI, NOK, LMT, AAL, BX, STM, INTC, FIX, NEM, MCD