Some of the many earnings this morning. Lilly Reports First-Quarter 2023 Financial Results, (LLY) Mastercard Incorporated First Quarter 2023 Financial Results (MA) Merck Announces First-Quarter 2023 Financial Results (MRK) AbbVie Reports First-Quarter 2023 Financial Results (ABBV) Linde plc: Linde Reports First-Quarter 2023 Results (LIN) Comcast Reports 1st Quarter 2023 Results (CMCSA) TotalEnergies: First Quarter 2023 Results (TTE) Bristol Myers Squibb Reports First Quarter Financial Results for 2023 (BMY) Press Release: Strong Q1 growth driven by Specialty Care, Vaccines and CHC (SNY) HONEYWELL DELIVERS STRONG FIRST QUARTER RESULTS AND BEATS GUIDANCE ON ALL METRICS, RAISES FULL-YEAR SALES, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE (HON) Cat Financial Announces First-Quarter 2023 Results (CAT) Altria Reports 2023 First-Quarter Results; Reaffirms 2023 Full-Year Earnings Guidance (MO) Hershey Reports First-Quarter 2023 Financial Results; Raises 2023 Net Sales and Earnings Outlook (HSY) Keurig Dr Pepper Reports Q1 2023 Results and Reaffirms Guidance for 2023 (KDP) STMicroelectronics Reports 2023 First Quarter Financial Results (STM) Mobileye Discloses First Quarter 2023 Results, Updates 2023 Guidance and Provides Business Update (MBLY) Rockwell Automation Reports Second Quarter 2023 Results; Updates Fiscal 2023 Guidance (ROK) Tractor Supply Company Reports First Quarter 2023 Financial Results; Reiterates Fiscal 2023 Financial Outlook (TSCO) Church & Dwight Reports Q1 2023 Results (CHD) SOUTHWEST AIRLINES REPORTS FIRST QUARTER 2023 RESULTS (LUV) Domino's Pizza® Announces First Quarter 2023 Financial Results (DPZ) American Airlines Reports First-Quarter 2023 Financial Results (AAL) Harley-Davidson Delivers First Quarter Financial Results (HOG)
I got surprised that AMZN touched up to $123 in after hours (+12%). It's back down, marginally negative after the conference call. Hourly RSI was kind of high in QQQ.
Amazon Jolts Investors With Talk of Cloud Growth Slowdown (yahoo.com) Looks like it is why the stock has lost all of its gain, doesn't take much to take it down I guess after such a big rally from tech.
A few earnings this morning. ExxonMobil Announces First-Quarter 2023 Results (XOM) Chevron Announces First Quarter 2023 Results (CVX) Colgate Announces 1st Quarter 2023 Results (CL) Charter Announces First Quarter 2023 Results (CHTR) TC Energy reports strong first quarter 2023 results (TRP) Sensient Technologies Corporation Reports Results for the Quarter Ended March 31, 2023 (SXT) Gentex Reports First Quarter 2023 Financial Results (GNTX)
First Republic likely headed for FDIC receivership, sources say; shares drop 40% (cnbc.com) Let's see if they will announce something this weekend, the market is doing well so I think the timing isn't terrible at all if they announce the bad news this weekend
First Republic Bank Drops 43% on Report It's Headed Toward Seizure (businessinsider.com) Just saw this, funny it didn't come out until after the market has closed
JPMorgan Chase shares rose 2.2% after it came on top as the winner of a weekend auction for First Republic. The big bank has acquired all of troubled lender First Republic’s deposits and a “substantial majority of assets.” This deal means that JPMorgan Chase, already one of the biggest U.S. banks, will become even larger. JPMorgan Chase CEO Jamie Dimon said that the deal resolves much of the fallout in the banking sector that has started since the sudden collapse of Silicon Valley Bank in Marc
LOL the big banks are getting bigger and bigger for sure. If you want to buy bank stocks then seems like going with the big national ones is an easy decision rather than trying to pick the regional bank winners.
Yellen says drop-dead date for debt ceiling is June 1 | The Hill Well if they don't reach a deal soon then we could see some volatility later this month. Almost no doubt they will reach a deal, a default isn't really an option right?
McCarthy will make a deal on debt ceiling. The market is shady right now. Should go up but alot of wobaly earnings and bank news JPM buying up local banks penny on dollar.
Well seems like we are still in the trading range Oil in danger of breaking below of 70s in the coming days, good for inflation but could be a bad sign for the global economy
PacWest is weighing strategic options, including possible sale - Bloomberg News | Reuters Well PACW is getting hammered after hours, the crisis is still not over yet it seems like for these smaller regional banks
I don't know if they will allow JPM to buy another regional bank for pennies in such a short period of time but maybe they don't care about anti monopoly as much for the banks
4 horses die at Churchill Downs in the days leading up to Kentucky Derby (yahoo.com) WTH CHDN stock is doing very well though, trading at near ATH
You hear Jim Cramer is a huge bull now. I think the market is back to 33 thousand dow and undervalued for past 3 years. I am a bull also. Banks and alright earnings here but undervalued.
