Traders Market Weekly: Eyes Up on Retail and Inflation

Viewing 7 posts - 61 through 67 (of 67 total)
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  • #36707
    Truman
    Participant

    Eurozone’s March Industrial Production -1.8% m/m (expected -2.0%; last 0.5%); -0.8% yr/yr (expected -1.0%; last 1.7%)
    France’s April CPI 0.4% m/m, as expected (last 1.4%); 4.8% yr/yr, as expected (last 4.5%)
    Spain’s April CPI -0.2% m/m (expected -0.1%; last -0.1%); 8.3% yr/yr (expected 8.4%; last 8.4%)

    #36708
    Truman
    Participant

    Affirm Holdings (AFRM 24.57, +6.53): +36.2% after beating revenue estimates and guiding FY22 revenue above consensus.
    Robinhood Markets (HOOD 10.48, +1.92): +22.4% after Emergent Fidelity disclosed a 7.6% active stake in the company. Sam Bankman-Fried, CEO of crypto exchange FTX, is a majority holder in the fund.
    Duolingo (DUOL 78.78, +11.80): +17.6% after beating revenue estimates, guiding Q2 revenue above consensus, and raising its FY22 revenue outlook.
    FIGS (FIGS 9.61, -3.24): -25.2% after missing top and bottom-line estimates and guiding FY22 revenue below consensus.
    Twitter (TWTR 39.10, -5.98): -13.3% after Elon Musk tweeted, “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” Note, Mr. Musk just tweeted that he is still committed to the deal.

    #36714
    TradersCom
    Keymaster

    Gold worst weekly losses since last June

    Gold futures settled $16.40 lower (-0.9%) to $1,808.20/oz, registering a weekly decline of -4.0%, pressured by this week’s gains in the dollar as investors cope with ongoing inflation concerns.

    Meanwhile, the U.S. Dollar Index is down about -0.3% to $104.55.

    #36715
    TradersCom
    Keymaster

    Ford outperforms on Morgan Stanley upgrade,

    Ford Motor (F 13.36, +0.92, +7.40%)

    #36716

    Dow 32,195.94 465.64 1.47%
    S&P 500 4,023.86 93.78 2.39%
    Nasdaq 11,805.00 434.04 3.82%
    GlobalDow 3,743.26 59.68 1.62%
    Gold 1,806.70 -17.90 -0.98%
    Oil 110.29 4.16 3.92%

    #36717

    #36474
    TradersCom
    Keymaster

    May 15- 21, 2022 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… Image:  
    [See the full post at: Traders Market Weekly: Eyes Up on Retail and Inflation]

Viewing 7 posts - 61 through 67 (of 67 total)
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