Traders Market Weekly: Bank Runs, Apple, Fed and Jobs

Viewing 15 posts - 61 through 75 (of 95 total)
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  • #57437

    PPPPPLLLLLUUUNNNNGGGGEEE – On news of 1st REPUBLIC bank struggling some
    and hopeful our own republic & nation can improve in days ahead as noted in a FAV album all-time 🙂

    #57439

    and more from best progressive JAZZ G.O.A.T. for the playlist
    (esp. around year 1999 before the world changed forever)
    🙂

    #57442

    Dow 33,301.87 -228.96 -0.68%
    S&P 500 4,055.99 -15.64 -0.38%
    Nasdaq 11,854.35 55.19 0.47%
    VIX 18.86 0.10 0.53%
    Gold 1,997.30 -7.20 -0.36%
    Oil 74.26 -2.81

    #57443
    ryanazim
    Participant

    The Lost Mary BM600 Disposable Vape Device by Elf bar has a precharged 550mAh battery and 2ml of e-juice that carries 20mg of nic salt; it can deliver up to 600 delicious puffs.

    Lost Mary BM600 Watermelon Ice Disposable Vape

    #57447
    Truman
    Participant

    Equity indices in the Asia-Pacific region ended Thursday on a mostly higher note.

    –Equity Markets—

    Japan’s Nikkei: +0.1%
    Hong Kong’s Hang Seng: +0.4%
    China’s Shanghai Composite: +0.7%
    India’s Sensex: +0.6%
    South Korea’s Kospi: +0.4%
    Australia’s ASX All Ordinaries: -0.3%

    #57448
    Truman
    Participant

    U.S. Commerce Secretary Raimondo said during a Senate testimony that more Chinese companies need to be put on the export control list.

    China’s March Industrial Profit -21.4% YTD (last -22.9%)

    #57449
    Truman
    Participant

    A former Bank of Japan official said that it is possible that the BoJ will change its forward guidance in the policy statement that will be released tomorrow.

    Japan’s February Leading Index 1.3% m/m (last 1.1%) and Coincident Indicator 2.5% m/m (last 2.8%)

    #57450
    Truman
    Participant

    The risk of a May cash rate hike from the Reserve Bank of Australia has been fully priced out.

    Australia’s Q1 Import Price Index -4.2% qtr/qtr (expected 3.6%; last 1.8%) and Export Price Index 1.6% qtr/qtr (expected 1.9%; last -0.9%)

    New Zealand’s April ANZ Business Confidence -43.8 (expected -43.4; last -43.4)

    #57451
    Truman
    Participant

    South Korea’s May Manufacturing BSI Index 68, as expected (last 67)

    #57452
    Truman
    Participant

    Major European indices trade near their flat lines.

    —Equity Markets—

    STOXX Europe 600: +0.3%
    Germany’s DAX: +0.4%
    U.K.’s FTSE 100: UNCH
    France’s CAC 40: +0.5%
    Italy’s FTSE MIB: +0.3%
    Spain’s IBEX 35: +0.4%

    #57453
    Truman
    Participant

    STMicroelectronics beat expectations and raised its outlook for the year while Deutsche Bank and BASF reaffirmed their respective guidance for FY23.

    #57454
    Truman
    Participant

    Denmark and Germany will look into developing a hybrid electric interconnector between the two countries.

    #57455
    Truman
    Participant

    Norges Bank saw no change in credit demand in Q1, but corporate demand is expected to weaken in Q2.

    Eurozone’s April Business and Consumer Survey 99.3 (expected 99.9; last 99.2)

    Italy’s April Consumer Confidence 105.5, as expected (last 105.1) and Business Confidence 103.0 (expected 104.0; last 104.1)

    Spain’s March Retail Sales 9.5% yr/yr (expected 0.7%; last 4.1%) and Q1 Unemployment Rate 13.26% (expected 12.90%; last 12.87%). April Business Confidence -1.3 (expected -2.2; last -2.9)

    #57456
    Truman
    Participant

    Meta Platforms (META 234.68, +25.28, +12.1%): beats by $0.25, beats on revs; guides Q2 revs above consensus, lowers FY23 expense guidance, capex guidance unchanged
    eBay (EBAY 44.83, +1.47, +3.4%): beats by $0.04, beats on revs, exceeds prior GMV forecast; guides Q2 EPS in-line, revs above consensus
    Caterpillar (CAT 213.40, -2.79, -1.3%): beats by $1.12, beats on revs
    Merck (MRK 115.15, +1.72, +1.5%): beats by $0.06, beats on revs; raises FY23 EPS in-line, revs in-line
    Honeywell (HON 194.60, +3.70, +1.9%): beats by $0.14, beats on revs; raises FY23 EPS in-line, revs in-line
    Eli Lilly (LLY 389.00, +12.73, +3.4%): misses by $0.11, beats on revs; raises FY23 guidance
    Roku (ROKU 57.25, +0.69, +1.2%): beats by $0.10, beats on revs; guides Q2 slightly above consensus
    Comcast (CMCSA 37.98, +1.46, +4.0%): beats by $0.10, beats on revs
    American Airlines (AAL 12.80, +0.06, +0.5%): beats by $0.02, reports revs in-line; guides Q2 EPS above consensus; reaffirms FY23 EPS guidance
    Bristol-Myers (BMY 68.30, +0.28, +0.4%): beats by $0.08, misses on revs; reaffirms FY23 EPS guidance, revs guidance
    Crocs (CROX 143.50, -4.28, -2.9%): beats by $0.46, beats on revs; guides Q2 EPS in-line, revs below consensus; guides FY23 EPS in-line, revs in-line
    Harley-Davidson (HOG 37.80, +0.80, +2.4%): beats by $0.64, beats on revs; reaffirms outlook
    Hershey Foods (HSY 263.32, +1.57, +0.6%): beats by $0.29, beats on revs; reaffirms FY23 EPS guidance, guides FY23 revs above consensus
    Northrop Grumman (NOC 455.00, +5.91, +1.3%): beats by $0.41, beats on revs; raises FY23 EPS above consensus, reiterates revs in-line
    Southwest Air (LUV 29.50, -1.40, -4.5%): misses by $0.04, reports revs in-line, capacity increased 10.7%, lowers FY23 ASMs guidance, recent delays at Boeing causes company to reduce planned aircraft deliveries for 2023
    Impinj (PI 97.50, -37.82, -28.0%): misses by $0.03, beats on revs; guides Q2 EPS below consensus, revs below consensus

    #57457
    Truman
    Participant

    Relatively strong buying interest in the Treasury market earlier this week had been a manifestation of slowdown concerns, yet market rates are moving higher this morning as some of those concerns ease on the good earnings news and guidance from the industrial sector.

    2-yr note yield is up six basis points to 3.97%
    10-yr note yield is up four basis points to 3.46% ahead of the initial jobless claims and advance Q1 GDP reports at 8:30 a.m. ET.

    Oil prices are moving higher this morning. WTI crude oil futures are up 0.4% to $74.58/bbl.

Viewing 15 posts - 61 through 75 (of 95 total)
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