Did Intel and Amazon finally break the sell on earnings beat pattern today?

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.  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.

Special Report Investing in a Late Cycle Market: Part 3 What to do–with 5 picks

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.

Notes You Need for January 9: Target prices, MSFT, INTC, AMD, bitcoin apology, gold

Notes You Need for January 9: Target prices, MSFT, INTC, AMD, bitcoin apology, gold

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. A typical post would resembles this one from today: “10:20 a.m.: Wall Street analysts continue to position their target prices ahead of earnings season. Today I’ve seen higher target prices for MGM Resorts International (MGM), up to $4 from $41; Microsoft (MSFT), up to $115 from $100; and Charles Schwab (SCHW), up to $60 from $52. I’ve also seen lower targets for Allegan (AGN), down to $215 from $230; and Alibaba (BABA), down to $219 from $221.”

Saturday Night Quarterback says, For the next week expect…

Saturday Night Quarterback says, For the next week expect…

A very heavy week for earnings will reach a crescendo on Thursday, November 2 with reports from Alibaba and Apple. The excitement isn’t surprising after the huge earnings that Amazon (AMZN), Alphabet (GOOG), Microsoft (MSFT), and Intel (INTC) delivered this past Thursday, October 26. This week Facebook (FB) is the Wednesday, November 1,  warmup act.

Market reaction to Microsoft isn’t making me jump up and down ahead of Facebook, Amazon earnings next week

Market reaction to Microsoft isn’t making me jump up and down ahead of Facebook, Amazon earnings next week

In my Saturday Night Quarterback post last weekend, I said that I was looking for Microsoft’s (MSFT) earnings, reported after the close yesterday, July 20, for clues on how the U.S. stock market would react to earnings reports from Alphabet (GOOG) on July 24, Facebook (FB) on July 26, and Amazon (AMZN) on July 27.