China and America, a Tale of Two Markets – Traders Market Weekly

Viewing 15 posts - 16 through 30 (of 41 total)
  • Author
    Posts
  • #73054
    Truman
    Participant

    McDonald’s (MCD 293.65, -3.40, -1.1%): beats by $0.12, reports revs in-line, Global comparable sales increased 3.4%
    Tyson Foods (TSN 58.50, +2.14, +3.8%): beats by $0.28, reports revs in-line; guides FY24 revs in-line
    Caterpillar (CAT 328.98, +13.89, +4.3%): beats by $0.47, reports revs in-line
    Estee Lauder (EL 154.00, +19.88, +14.8%): beats by $0.34, beats on revs; guides Q3 revs in-line; guides FY24 revs above consensus; is further expanding its Profit Recovery Plan for fiscal years 2025 and 2026 to include a restructuring program; to cut 3-5% of positions

    #73055
    Truman
    Participant

    NVIDIA (NVDA 686.20, +24.60, +3.7%): Goldman Sachs reiterated Buy rating and raised price target to $800 from $625

    #73056
    Truman
    Participant

    Humana (HUM 376.55, -2.32, -0.6%): reaffirms FY25 EPS guidance; states that Centers for Medicare and Medicaid Services issued preliminary 2025 Medicare Advantage and Part D payment rates on Jan. 31 and now anticipates proposals would result in a change to its benchmark funding that is approximately 160 bps worse than its expectation

    #73057
    Truman
    Participant

    Boeing (BA 204.91, -4.47, -2.1%): found new problem with 737 Max fuselages, according to WSJ

    #73058
    Truman
    Participant

    Semiconductor stocks outperform after ON earnings

    Semiconductor stocks are showing some strength in an otherwise downbeat session.
    The PHLX Semiconductor Index (SOX) is up 0.3%.
    NVIDIA (NVDA 682.73, +21.13, +3.2%) is a standout winner after Goldman Sachs reiterated its Buy rating and raised its price target to $800 from $625.

    ON Semiconductor (ON 76.93, +6.04, +8.6%) shows the largest gain among SOX components that are trading up following its better than expected earnings report this morning.
    ON also issued below-consensus Q1 revenue guidance.

    Strength in semiconductor components has limited downside moves for the heavily-weighted S&P 500 information technology sector, which trades flat.

    #73073

    Dow 38,380.12 -274.30 -0.71%
    S&P 500 4,942.81 -15.80 -0.32%
    Nasdaq 15,597.68 -31.28 -0.20%
    VIX 13.67 -0.18 -1.30%
    Gold 2,040.70 -13.00 -0.63%
    Oil 72.80 0.52 0.72%

    And as noted in FAV album, equities are SKY HIGH
    but the GS flash server ALGORITHMS are constant 😉 🙂

    #73075

    FOMC are almost as stubborn as REP HOUSE – lol … as everyone wants RATE CUT in next MARCH meeting
    Inflation may pick up even with HIGHER GAS prices on way for springtime & summer blends
    FED was late in game in moving away from ZERO rate increase policies, plus enormous DEBT spending
    in COVID & post-COVID era have FOMC & all of us in a bind … Folks with 3-4% FIXED rates are in good shape
    Still many are hurting & hopeful for improved times for all in future 🙂

    #73081

    Dow 38,521.36 141.24 0.37%
    S&P 500 4,954.23 11.42 0.23%
    Nasdaq 15,609.00 11.32 0.07%
    VIX 13.18 -0.49 -3.58%
    Gold 2,052.10 9.20 0.45%
    Oil 73.49 0.71 0.98%

    And hopefully ICARUS will be “cautious” in days ahead
    As based on MAIN STREET economics we may be overbought in equities

    #73082

    and a few “BUMPER MUSIC” bonus tracks to think positively in days ahead 🙂

    #73103

    Dow 38,677.36 156.00 0.40%
    S&P 500 4,995.06 40.83 0.82%
    Nasdaq 15,756.64 147.65 0.95%
    VIX 12.83 -0.23 -1.76%
    Gold 2,049.70 -1.70 -0.08%
    Oil 74.07 0.76 1.04%

    and more G.O.A.T. songs all time 🙂

    #73123

    Dow 38,726.33 48.97 0.13%
    S&P 500 4,997.91 2.85 0.06%
    Nasdaq 15,793.71 37.07 0.24%
    VIX 12.88 0.05 0.39%
    Gold 2,047.90 -3.80 -0.19%
    Oil 76.45 2.59 3.51%

    #73125
    Truman
    Participant

    Equity indices in the Asia-Pacific region ended the week on a mostly higher note.
    Japan’s Nikkei: +0.1% (+2.0% for the week),
    Hong Kong’s Hang Seng: -0.8% (+1.4% for the week),
    China’s Shanghai Composite: HOLIDAY (+5.0% for the week),
    India’s Sensex: +0.2% (-0.7% for the week),
    South Korea’s Kospi: HOLIDAY (+0.2% for the week),
    Australia’s ASX All Ordinaries: +0.1% (+0.4% for the week).

    #73126
    Truman
    Participant

    Markets in China and South Korea were closed for the start of Lunar New Year celebrations and Hong Kong’s Hang Seng closed early.

    Markets in China will remain closed through next week while Hong Kong will reopen on Wednesday.

    #73127
    Truman
    Participant

    China
    January New Loans CNY4.92 trln (expected CNY4.50 trln; last CNY1.17 trln) and total social financing CNY6.50 trln (expected CNY5.55 trln; last CNY1.94 trln)

    The Biden administration is reportedly considering restrictions on imports of Chinese electric vehicles due to concerns about data security.

    #73128
    Truman
    Participant

    ANZ expects the Reserve Bank of New Zealand to raise its official cash rate in February and April.

Viewing 15 posts - 16 through 30 (of 41 total)
  • You must be logged in to reply to this topic.