Jobs report today adds to Fed puzzle
Last week the Federal Reserve signaled a huge policy change--no (or at most one) interest rate increase in 2019 and flexibility on continuing/ending the $50 billion a month program to reduce the size of the Fed's balance sheet. Markets cheered the shift on interest...
Saturday Night Quarterback says, on a Sunday, for the week ahead expect…
...earnings from big name market movers such as Apple (AAPL) and Amazon (AMZN) to be more important market drivers than the Federal Reserve meeting, the resumption of China trade talks, and the January jobs report. That's quite a bit of macro news, but I think...
Saturday Night Quarterback says, For the week ahead expect…
... the big earnings story of the week to be the Thursday, October 25, report for the third quarter from Amazon (com). Amazon is expected to deliver another hugely positive quarter with the Wall Street consensus calling for $3.07 per share in earnings, up from 52...
Video: Facebook – It’s a Feature, Not a Bug
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Yesterday’s slump in the NASDAQ: Is the market worried about earnings from Facebook and Amazon?
The NASDAQ Composite Index broke higher out of the gate yesterday, July 24, climbing to 7928 at 9:39 a.m. New York time and staying solidly to the upside through 10:22 at 7924.53 on strong earnings from Alphabet (GOOG). But then the index proceeded to slide lower to...
Saturday Night Quarterback (on a Sunday) says, For the week ahead expect…
...one more week of this technology driven, upward trend in the U.S. market as we head into the first tech earnings report with Netflix (NFLX) on Monday, July 16. Wall Street analysts are expecting huge earnings growth from the tech stocks that led the market upward...
Did Intel and Amazon finally break the sell on earnings beat pattern today?
Okay, this obviously isn’t a Morning Briefing. I wanted to wait and catch the earnings announcements from Amazon, Intel, and Microsoft. All three beat earnings estimates–but this market hasn’t been very generous in rewarding earnings surprises (after Netflix) that is. Â The key tests here are to see what the shares did in after-hours trading, after investors and traders saw the earnings news, and to see how the market treats these beats tomorrow.
Saturday Night Quarterback says, For the week ahead expect…
Suffice it to say that if the market can’t get excited about earnings this week, it’s not likely to get excited about earnings and we will have locked a sell on the news faction into place for this quarter.
Notes You Need for April 13: Google and right to be forgotten, Amazon, BA, rig count, Uber, USPS, NFLX, gold ETFs
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. This item from today is a representative example of an entry: “This morning the Trump administration issued an executive order setting up a task force to examine the operations and finances of the U.S. Postal Service. Section 3 says “The Task Force shall conduct a thorough evaluation of the operations and finances of the USPS, including:  (i)   the expansion and pricing of the package delivery market and the USPS’s role in competitive markets.” Think that could mean Amazon’s (AMZN) contract for package delivery?”
Back to normal today? And a reminder of what normal is
With all available officials on deck today in Beijing and Washington to talk down fears of a trade war and to talk up prospects for trade talks, the U.S. financial markets have returned to “normal.” And what is “normal” right now? A 0.47% gain in the Standard & Poor’s 500 stock index as tech shares recover with Facebook (FB) up 1.81% and Amazon (AMZN) up 2.62%. Normal is also a down day for Treasuries
Saturday Night Quarterback says, For the week ahead expect…
So much news. And so much that has the potential to move the financial markets. Let’s start on the economic side, ok? Monday we get reports on personal income and inflation. And on the earnings side? Lots and lots of reports that could change the tone of this market. The biggest are Microsoft, (MSFT), PayPal (PYPL) and Facebook (FB) on Wednesday January 31 and then Alphabet (GOOG), Apple (AAPL) and Amazon (AMZN) on Thursday, February 1.
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