Here are the notable earnings releases as well as the highest volatility earnings releases due out for next week courtesy of earnings whispers (earnings season heating up!). And here is the market week ahead thread which is now up on the r/StockMarket subreddit for anyone looking for a quick read over this coming weekend: https://www.reddit.com/r/StockMarket/comments/q90j02/wall_street_week_ahead_for_the_trading_week/ I hope you all have a splendid weekend, and a great trading week ahead.
cnn futures lookin' a lil wonky there again haha ... not sure if futs were ever up that much, even during the overnight finviz seems to show it correct at least this AM and confirmed that was the case checking it up on my tos platform haha.
Morning Lineup - 10/18/21 - China Growth Slows Mon, Oct 18, 2021 It's looking like a weak start to trading for the week as futures are firmly lower ahead of the opening bell. We've seen a big jump in interest rates over the last two trading sessions as BoE Governor Bailey came out with some hawkish comments related to inflation. In economic data, Chinese GDP came in below forecasts with Q3 growth coming in at just 0.2 on a quarter/quarter basis. Outside of Communication Services which fell nearly 1%, every other sector within the S&P 500 finished last week higher, and in some cases, a lot higher. Materials, Real Estate, and Consumer Discretionary all rallied more than 3% with the latter also hitting a new high. Every other sector besides Health Care (and Communication Services) were all up by over 1%. In terms of where each sector finished the week relative to its 50-day moving average, they are currently all over the map. Sectors like Consumer Discretionary, Energy, and Financials are all at 'extreme' overbought levels while Health Care and Communication Services are still below their 50-DMAs. Even Real Estate, which was the second-best performing sector, still finished the week below its 50-DMA.
Sorry running a bit lat here, but the pre-market thread is now up on the r/StockMarket subreddit for anyone looking for a quick read before today's cash market open. GL to y'all's today on this first trading day of the new week! https://www.reddit.com/r/StockMarket/comments/qamh3b/1018_mondays_premarket_stock_movers_news/
HTZ is coming back from OTC market. Was able to post a profit last year. The company still has a “substantial amount of debt,” it said. As of June 30, Hertz owed $8.6 billion, including $7.04 billion in vehicle-related debt. Goldman Sachs and JPMorgan are among the lead bookrunners for the proposed offering. https://www.msn.com/en-us/money/com...eturn-to-big-league-nasdaq-listing/ar-AAPzYRU
With the success of Squid Game, I guess expectations are pretty high for tomorrow. The guidance needs to be good for future subscriber growth.
Netflix's 'Squid Game' success shines light on international discounts (cnbc.com) We might see more and more foreign movies on NFLX
NFLX can make those kinds of movies into hits. Not every one is a hit, but that's how art is. Disney relies on churning out well-trodden properties. It makes reliable money. Got to see how NFLX trades tomorrow after a nominally nice turnaround today. It might be able to hold up after all. SPX and NDX working on 4-day winning streaks now. The top of the channel extends 5% up from here.
Top of the morning Stockaholics! Happy 34-year Anniversary of the '87 Crash to all of you! And welcome to the new trading day and a fresh start! Here is a quick check on those futures as we are just under 2 hour away from the cash market open. GLTA on this Tuesday, October the 19th, 2021!
And like yesterday how I was super late to putting out my pre-market thread out in here, it's the flip side of that this AM lol. Anyway, the pre-market thread is now up on the r/StockMarket subreddit for anyone looking for a quick read before today's cash market open. GL to y'all's today and rest of this week! https://www.reddit.com/r/StockMarket/comments/qba4w2/1019_tuesdays_premarket_stock_movers_news/
i clearly remember the cubicle i was sitting in that day. also, experienced my first california earthquake in that cubicle. seems like yesterday.
Maybe we should be a little more concerned about the market now with these guys seem to be super bullish and feel like nothing could go wrong
Top of the morning Stockaholics! Happy Wednesday to all of you! And welcome to the new trading day and a fresh start! Here is a quick check on those futures as we are just under 4 hours away from the cash market open. GLTA on this Wednesday, October the 20th, 2021!
Morning Lineup - 10/20/21 - Futures Little Changed Wed, Oct 20, 2021 There's little movement in international equity markets and US equity futures currently, and the 10-year yield is flat at 1.63%. There's no economic data to speak of today, but the Beige Book will be released at 2PM eastern. The S&P 500 has been up for five straight days now (its longest winning streak since late August) so a rest wouldn't be too bad of a thing. While it initially rallied after the report was released, shares of Netflix (NFLX) quickly reversed in after-hours trading and are now looking at a loss of about 2% in the pre-market. While subscriber growth numbers came in better than expected, growth in North America looked a little more sluggish raising questions (again) that the streaming service has reached the saturation point in the United States. Similar to the illustrations we provided of the large banks last week, the chart below shows the performance of NFLX since the start of 2020 with red dots indicating the closing price on the company's earnings reaction day. What's looking like a decline of around 2% for NFLX today would mark the seventh time in the last eight quarters where NFLX declined in reaction to earnings, and in each case, it has been a similar story; either sub growth was weaker than expected or investors anticipated that North American sub growth going forward would slow. Despite the short-term pessimism around each quarter's report, since the start of 2020, NFLX has risen about 97% which is more than double the 44% gain of the S&P 500.
