-
Friday's Market Minute: Key Takeaways From The FOMC And GDP
Friday, April 30, 2021 - 10:10am | 373Read More...The Federal Reserve stayed on message and was suitably dovish at its latest FOMC meeting. There were a few subtle changes to the language of the FOMC statement and in Chairman Powell’s post-meeting remarks. The committee reaffirmed it wants to observe substantial progress toward its dual...
-
Thursday's Market Minute: S&P Churns Above 4200 On Waning Momentum
Thursday, April 29, 2021 - 10:09am | 229Read More...S&P 500 futures broke above 4200 in the overnight session, continuing their almost relentless march upward with new all-time highs. Except for last week’s volatile and range-bound price movement, the /ES has scarcely paused for a breather since March 24; it notched only 7 red candles...
-
With Fed Meeting Out Of Way, Market Eyes Amazon, Facebook Earnings Due Later
Thursday, April 29, 2021 - 10:05am | 2473Read More...Mark Twain once quipped, “Everyone complains about the weather, but no one ever does anything about it.” Well, these days everyone probably would complain about inflation if it ever reappeared in a major way, but the Fed promises it won’t do anything about it until...
-
Wednesday's Market Minute: Tech's Big Test is Here
Wednesday, April 28, 2021 - 10:24am | 633Read More...As goes FANG, so goes the market. That’s been a generally pretty good rule of thumb for divining the direction of the U.S. stock market the past decade. But it’s getting more complicated. Leadership in the S&P 500 flip-flopped once COVID vaccines were announced last November and the...
-
May Outlook: A Very Different May Day Than A Year Ago As Economic, Earnings Strength Eyed
Wednesday, April 28, 2021 - 10:04am | 2071Read More...What a difference a year makes. Unlike last May, there’s arguably lots to look forward to as vaccinations gain steam. People are back at baseball stadiums, and the Kentucky Derby and Memorial Day picnics loom. Oh yeah, we’ve also got the April jobs report straight ahead. OK, so maybe...
-
Cloud, Retail Sales In Focus as Amazon Earnings Near, But Regulatory Concerns Also Loom
Tuesday, April 27, 2021 - 12:38pm | 1325Read More...At this point, it’s hard to build up much suspense for Amazon’s (NASDAQ: AMZN) earnings. That’s in part due to the continued increase in online shopping, strong tailwinds from last year that are anticipated to endure, and because the company helpfully provides guidance for...
-
Tech Time: Microsoft, Advanced Micro Devices, Alphabet Reporting After Close Today
Tuesday, April 27, 2021 - 10:11am | 2340Read More...Ready or not, it’s time for all of us to put our Fed hats on. Again. It’s only been six weeks since the last Federal Open Market Committee (FOMC) meeting, but they’re gathering again today. The usual press conference featuring Fed Chairman Jerome Powell comes right after the...
-
Tuesday's Market Minute: UPS Earnings Breakdown
Tuesday, April 27, 2021 - 10:04am | 236Read More...UPS (NYSE: UPS) beat on first-quarter earnings before the bell this morning with earnings per share of $2.77 and revenue of $22.91 billion. The company is not providing 2021 guidance. Right now, Americans are depending on package deliveries more than ever as e-commerce spikes during the pandemic...
-
Can Apple's Earnings Impress Again? Tough Act To Follow For iPhone Maker In Fiscal Q2
Monday, April 26, 2021 - 5:26pm | 2184Read More...There’s so much news swirling around Apple (NASDAQ: AAPL) that digging into the fundamentals seems like a monumental task. We’ll do it anyway as investors await earnings from the biggest company (in market cap) on earth. The iPhone maker’s earnings report after the close...
-
How Nuance May Alter The Healthcare And AI Playing Field Aas Microsoft Reports Q3 Results
Monday, April 26, 2021 - 10:52am | 1295Read More...In Microsoft’s (NASDAQ: MSFT) last earnings conference call with analysts, CEO Satya Nadella opened with an upbeat and sweeping salvo on cloud platform Azure’s role in the emerging “second wave” of global digital transformation. Despite all the fireworks, it...
-
Monday's Market Minute: Economic Data To Watch
Monday, April 26, 2021 - 10:08am | 418Read More...It’s probably one of the busier weeks so far this year in terms of closely-watched economic data here in the U.S., let’s take a market minute to get ahead of what you should be keeping an eye on. First and foremost, you’re going to be hearing a lot about how the FOMC meeting...
-
Tesla Hits Record Production, Deliveries Despite Global Semiconductor Shortage
Friday, April 23, 2021 - 11:37am | 1431Read More...There’s a cloud hanging over automakers these days, and it’s made of silicon. A global semiconductor shortage has been rippling through the auto industry, which needs chips for infotainment systems, engine management for better fuel economy, and power braking and steering. But...
-
Friday's Market Minute: A Market Of Conflicting Factors
Friday, April 23, 2021 - 10:23am | 327Read More...U.S. stocks are unsteady this week as investors struggle to navigate through a muddied global pandemic outlook, a suite of corporate earnings updates, and yesterday’s news of proposed legislative overhaul of capital gains taxes. The swings that we are seeing reflect the fact that investors...
-
Intel, American Express, Honeywell All Under Pressure After Earnings, But Snap Rebounds
Friday, April 23, 2021 - 10:19am | 2465Read More...The market’s four-week winning streak looks threatened as today’s session opens. The S&P 500 Index (SPX) closed just above 4185 a week ago and finished Thursday near 4135, so it would take a major rally for a green week after the taxman’s visit yesterday. At the same...
-
For Alphabet, Cloud Moves Slowly As The Ad Arena Heats Up Ahead Of Q1 Earnings
Thursday, April 22, 2021 - 12:53pm | 1177Read More...Without much doubt, Alphabet (NASDAQ: GOOGL) shares have come a long way. They’re up 4,371% since the first public offering in 2004, so it’s easy to think that GOOGL shows every sign of being a “mature” company. But GOOGL’s also shown an ability to reinvent...
















