-
Unhappy Anniversary: A Year After Pandemic Collapse, Market Looks Ahead To Q1 Earnings
Tuesday, March 23, 2021 - 10:04am | 2384Read More...A year ago today marked the very bottom of the Covid selloff as the S&P 500 Index (SPX) plunged below 2200. That was down more than 35% from the all-time high just a month earlier, and things looked gloomy, to say the least. If anyone then had told you then that in a year we...
-
Tech, Growth Stocks Under Pressure As Treasury Yields Rise
Friday, March 12, 2021 - 11:44am | 1836Read More...After some relative calm on the interest rate front, another jump in the 10-year Treasury yield seems to be pressuring stocks this morning, a day after major indices closed at record highs. With optimism on the vaccine and a newly inked stimulus package, investors appear to be selling safe-haven...
-
Tug Of War Continues Between Growth And Value, With Lower Yields Boosting Tech Early
Thursday, March 11, 2021 - 10:48am | 2231Read More...A year ago today, the pandemic slammed home for millions of Americans as the professional basketball season got suspended with some games halfway through and others about to tip off. Covid ended up being sort of the ultimate Black Swan, or exceptional event, for the markets. It was something...
-
More Pressure On Tech Sector To Start Day, With Apple, Microsoft Both Lower
Thursday, March 4, 2021 - 10:41am | 2386Read More...The “tug of war” between investors and the Fed continues, with the Tech sector taking the brunt of the blow. Major indices are in the red again this morning with the Nasdaq (COMP) on pace to post its third-straight losing week for the first time in about six months. Rising...
-
Nvidia Becomes Latest Company To Beat Earnings Estimates But Get Punished
Thursday, February 25, 2021 - 10:59am | 2471Read More...Nothing can go up forever without stopping. It just seems that way right now in the Treasury market. The benchmark 10-year yield hit another milestone this morning when it reached 1.45%, a one-year high and about 55 basis points above where it started the year. This relentless surge upward could...
-
Next Week Includes Earnings From Twitter, Coca-Cola, General Motors, Disney
Friday, February 5, 2021 - 10:57am | 2071Read More...With an incredible four-day winning streak and a fresh record high under its belt, can the S&P 500 Index (SPX) go five for five? If that’s going to happen, the market will have to overcome what looks at first glance like a slightly disappointing January jobs report. This week...
-
Amazon, Alphabet Earnings Pack A Wallop, Helping Drive Early Market Strength
Wednesday, February 3, 2021 - 11:03am | 2408Read More...There’s a lot of talk about the return of “boring” in Washington, D.C. Maybe it’s happening on Wall Street, too, and many investors would likely welcome that after the wild January we just had. Robust earnings late Tuesday from Amazon.com, Inc. (NASDAQ: AMZN) and...
-
Work Hard (From Home), Play Hard (From Home) - Microsoft Earnings To Feature Cloud And Gaming Tech
Monday, January 25, 2021 - 11:46am | 1721Read More...As the economy continues to get hammered by rising Covid cases and additional lockdowns, Microsoft Corporation’s (NASDAQ: MSFT) unique position—with one foot in the “new economy” and the other in the “old”—arguably becomes even more relevant. MSFT...
-
Monday's Market Minute: Will Tech Strength Continue?
Monday, January 25, 2021 - 11:27am | 478Read More...Looks like another busy week for investors and traders with the focus on earnings, the FOMC meeting, U.S. economic data, and U.S. indices holding at or near new all-time highs. First and foremost, with U.S. indices to new all-time highs last week, companies reporting quarterly results this week...
-
Bank Week Underway, With JP Morgan, Citigroup And Others Geared To Report Friday
Monday, January 11, 2021 - 11:31am | 2269Read More...Mondays might get a bad reputation on Wall Street if they keep starting out like this. For the second week in a row, stocks begin in a slump. Last week they recovered to hit new record highs by Friday, so there’s that. Rising cases of coronavirus and the swirl of events around President...
-
Walgreens Among Companies Beating Earnings Expectations; Micron Reports After Bell
Thursday, January 7, 2021 - 11:01am | 1788Read More...If, like many Americans, you went to bed with a sense of unease after the tumult in Washington, you’re probably feeling some relief this morning. The market seems stable after Congress certified Joe Biden’s election win following unrest on Capitol Hill. Investors also apparently have...
-
Deere Earnings Greeted With Cheer As Company Cites Improved Equipment Demand
Wednesday, November 25, 2020 - 11:20am | 2239Read More...The elevator ride takes a pause this morning, but it’s still been an impressive week. The Dow Jones Industrial Average ($DJI) now sits just below 30,000 in pre-market trading after topping it yesterday, and there’s a chance this milestone moment could draw some new cash into...
-
Benzinga Survey: Will Apple Or Microsoft Stock Grow More By 2025?
Sunday, November 8, 2020 - 4:37pm | 351Read More...Every week, Benzinga conducts a sentiment survey to understand what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. We recently surveyed a group of over 250 traders and investors on whether shares of Apple Inc. (NASDAQ: AAPL) or...
-
V-Shaped Recovery Looking More Likely As Corporate Profits Show Resilience
Sunday, November 8, 2020 - 4:09pm | 430Read More...U.S. markets in the week ahead could see a bounce after Friday's modest drop, as the country settles into the post-election period. Earnings Resiliency: Although new record COVID-19 numbers could drag share prices, corporate earnings have proved surprisingly resilient, giving momentum to...
-
Caterpillar, Pfizer, 3M Earnings Come In Better Than Expected, With Microsoft Straight Ahead
Tuesday, October 27, 2020 - 11:04am | 2844Read More...After stumbling to start the week, it looks like Wall Street is trying to get back on its feet this morning. Major indices—which recovered some of their losses in the last hour yesterday—made up more ground in pre-market trading despite fading stimulus hopes and more shutdowns due to...
