Top of the morning Stockaholics! Happy Tuesday to all of you! And welcome to the new trading day and a frrrrrrrrrrrrrrrrrrrrrrrrrrresh start! Here is a quick check on those futures as we are just over 3 hours from the cash market open. GLTA on this Tuesday, April the 19th, 2022.
Morning Lineup - 4/19/22 Tue, Apr 19, 2022 As earnings season ramps up, today we took look at how stocks have historically reacted to earnings reports from a seasonal perspective. The chart below shows the average one-day stock price reaction to earnings reports by month over the last 20 years. This data comes from our Earnings Explorer database that includes one-day share price reactions of more than 150,000 individual quarterly earnings reports dating back to 2001. As shown below, the average company that has reported quarterly earnings in the month of April has gained 34.2 basis points (+0.34%) on its earnings reaction day. That makes April the most bullish month for stocks reporting earnings. Conversely, August and September have been the two worst months to report earnings. Stocks that have historically reported quarterly numbers in August have averaged a one-day decline of 34.2 basis points (-0.34%) on their earnings reaction days. Stocks reporting in September have averaged an even bigger decline on their earnings reaction days (-0.41%). (For companies that report earnings in the morning before the open, its earnings reaction day is that same trading day. For companies that report earnings in the evening after the close, its earnings reaction day is the next trading day.)
Very nice rally for the market today, let's see if the earnings season will help the market this month
Netflix Preps Bigger Password-Sharing Crackdown – The Hollywood Reporter UK Subscriptions Decline as Inflation Mounts | PYMNTS.com Netflix is blaming the password sharing while some are saying inflation is forcing people cut streaming services
Personally I Think that it is Neither of these Two Things. To My Knowledge, Password Sharing has been going on Since its Inception. Friends Have Always Shared Netflix Accounts. If the Company is Cracking Down on Password Sharing, Wouldn’t Subscriber Growth Increase because People Cannot Share Accounts Anymore? Netflix Increased Prices back in January of This Year. They have Three Plans: Basic, Standard and Premium. The Prices Rose, $1.00, $1.50, and $2.00 Respectively. I Do not think that People Cut Netflix out of their Monthly Budgets because the Price went up by $2.00. Consumer Spending Does not Look Like it is Slowing Down based on the Earnings from the Big Banks this Past Week. Now what I do think is the Root Cause of the Share Price of Netflix Falling Back Down to Earth from ~$700.00 is the Following: It was a True COVID-19 Stock. It Ran as Subscribers Grew when Everyone was Forced to Stay at Home. Now it is Finally Coming Back to Earth. Also, Their Content is an Issue. Here is a new Showing Coming out this Week from Netflix: *Photo Source: https://www.netflix.com/title/81030178 Is this the Content the Public Really Wants? LoL. QQQ (Nasdaq 100) ETF looks like it is Already Suffering from the Netflix Drawdown in the Post-Market Session this Afternoon. Hopefully Netflix Doesn’t Hold Down the Broad Market Tomorrow, But it is Not Looking Promising. Netflix is Not a Company that I Gauge the USA Economy on. So Far, the Real Companies that I think show us the General Trajectory of Our Economy Have Reported, and Have Done Just Fine. As Always, These are Just my Opinions. I Encourage Others to Chime in and Give me Their Thoughts. -IndependentCandy14
Top of the morning Stockaholics! Happy Hump Day to all of you! And welcome to the new trading day and a frrrrrrrrrrrrrrrrrrrrrrrrrrresh start! Here is a quick check on those futures as we are a little over 4 hours from the cash market open. GLTA on this Wednesday, April the 20th, 2022.
Morning Lineup -- 4/20/22 Wed, Apr 20, 2022 We certainly aren't going to see rotation into the Communication Services sector at the open this morning with Netflix (NFLX) trading down 25% on earnings. Based on where NFLX shares are trading pre-market, the stock will be in a 63% drawdown from its high just last November. As shown below, this is the fourth time since going public in 2002 that NFLX will have experienced a drawdown of at least 60%.
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 trading on this Wednesday, April the 20th! https://www.reddit.com/r/StockMarket/comments/u7v0oo/420_wednesdays_premarket_stock_movers_news/ <- (click there to open!)
Tech dragging SPX down, the Netflix earnings trumped the drop in yields I guess TSLA after the bell, the NASDAQ probably won't fare so well if we get another big miss but I doubt TSLA would do as bad as NFLX, we will see
Top of the morning Stockaholics! Happy Thursday to all of you! And welcome to the new trading day and a frrrrrrrrrrrrrrrrrrrrrrrrrrresh start! Here is a quick check on those futures as we are a little under 4 hours from the cash market open. GLTA on this Thursday, April the 21st, 2022.
Morning Lineup -- 4/21/22 Thu, Apr 21, 2022 As shown below, the 8 largest US stocks are all in the red so far this month for an average decline of 8.2%. The rest of the stocks in the large-cap Russell 1,000 are only down an average of 8 basis points. The FANG+ Index is made up of 7 of the 8 largest stocks listed above (excluding BRK/B), but it also includes Netflix (NFLX), Alibaba (BABA), and Baidu (BIDU). Since April 4th, the FANG+ index is down 17%, and it's down 28% from its highs. Below we show how the FANG+ index has performed versus the S&P 500 since 2/19/20 - the peak day for the US stock market before the COVID pandemic hit. FANG+ stocks exploded higher in late 2020 and peaked versus the S&P in early 2021 with an outperformance spread of more than 70 percentage points. That outperformance has been eroding rapidly since last November and the spread is only +15 percentage points now.
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 trading on this Thursday, April the 21st! https://www.reddit.com/r/StockMarket/comments/u8mysh/421_thursdays_premarket_stock_movers_news/ <- (click there to open!)
Wow big drop for those commodity related stocks, IPI, AA, CCJ and FCX, etc. crashing hard and those stocks have done very well lately
Didn't like yesterday...VIX was somehow down yet QQQ dropped -1.5%. The thing is, it looks like VIX is actually at a trough, which indicates this month could get worse.
Euro climbs and German bund yields surge as ECB officials put July rate hike in play - MarketWatch Short term rates are still negative there and inflation is surging
