A nice recap For the list above I have some shares of UPS and RTX, both were down after earnings unfortunately I own some shares of TMO as well and DHR is dragging it down for sure Looks like staples are having a good earnings season so far, PG, PEP and KMB, etc. all did pretty well
Both GOOGL and MSFT are up after earnings, still early but looks like we will see some kind of rebound tomorrow at least by the open tomorrow morning
And a few more after close...of course as mentioned above MSFT and GOOG got in beats. TI reports first quarter 2023 financial results and shareholder returns (TXN) Enphase Energy Reports Financial Results for the First Quarter of 2023 (ENPH) Visa Inc. Fiscal Second Quarter 2023 Financial Results (V) CHIPOTLE ANNOUNCES FIRST QUARTER 2023 RESULTS (CMG)
Looks like (FRC) First Republic Bank got hammered today. PacWest Bancorp was like "nah, we ain't doing that type of earnings report."
Some earnings this morning. Thermo Fisher Scientific Reports First Quarter 2023 Results (TMO) UMC Reports First Quarter 2023 Results (UMC) Boeing Reports First-Quarter Results (BA) American Tower Corporation Reports First Quarter 2023 Financial Results (AMT) ADP Reports Third Quarter Fiscal 2023 Results (ADP) Boston Scientific Announces Results for First Quarter 2023 (BSX) CME Group Inc. Reports First-Quarter 2023 Financial Results (CME) Humana Reports First Quarter 2023 Financial Results; Raises Full Year 2023 Financial Guidance (HUM) General Dynamics Reports First-Quarter 2023 Financial Results (GD) Norfolk Southern reports first quarter 2023 results (NSC) Amphenol Reports First Quarter 2023 Results (APH) TE Connectivity announces second quarter results for fiscal year 2023 (TEL) Old Dominion Freight Line Reports First Quarter 2023 Earnings Per Diluted Share Of $2.58 (ODFL) Cenovus announces 2023 first-quarter results, dividend increase (CVE) Fortive Reports Strong First Quarter 2023 Results; Raises Full Year 2023 Outlook (FTV) Entergy reports first quarter earnings (ETR) Teledyne Technologies Reports First Quarter Results (TDY) UMC Reports First Quarter 2023 Results (UMC) Avery Dennison Announces First Quarter 2023 Results (AVY) Owens Corning Delivers Net Sales of $2.3 Billion; Generates Net Earnings of $383 Million and Adjusted EBIT of $361 Million (OC) Allegion Reports First-Quarter 2023 Financial Results, Raises Full-Year 2023 Outlook (ALLE) PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS (PAG) Silicon Labs Reports First Quarter 2023 Results (SLAB) FirstService Reports Very Strong First Quarter Results (FSV) Ryder Reports First Quarter 2023 Results (R) BOK Financial Corporation Reports Quarterly Earnings of $162 million or $2.43 Per Share in the First Quarter (BOKF) Evercore Reports First Quarter 2023 Results; Increases Quarterly Dividend to $0.76 Per Share (EVR)
I exited all long positions at basically break even. I don't like the behavior. Maybe a better entry point later, given how stagnant things are. But risk management is preeminent in this environment, for me.
The SPX 4000 to 4025 level for a long entry would be more meaningful, now that the rally did not happen today
That CMG is doing good today, and so are WING and SBUX (reporting in ~2 weeks)...so the restaurant stocks? But MCD is not so hot after their ER. Is there a restaurant ETF? I think there used to be MENU, but it never got enough interest and is gone now.
LOL too bad I only own MCD now although I owned SBUX, CMG and WING at some point last year, I sold them all by beginning of this year I think I might be looking to buy QSR actually, they got Patrick Doyle and DPZ did very well under him. QSR has been a serious underperformer when you compare the names above. Restaurant Brands' Patrick Doyle on turnaround plan, health of economy and CEO changes (cnbc.com)
Let's see if FRC will survive after this weekend, they usually announce the bad news on the weekend, at least it was the case for SIVB and SBNY. UBS taking over CS was announced on the weekend too.
Yeah, It is not looking good for them. It really is not surprising though if the reports are accurate about how they were managing things.
This one has been around a minute too. eBay Inc. Reports Better Than Expected First Quarter 2023 Results (EBAY)
I've heard about that, a turnaround play. Wonder if he will improve customer service at Popeye's? META with a big pop after hours. But watching the high from one year ago at $236.56. I'm not buying this bounce in the (tech) market today. I dumped PI before today's earnings, and that got hammered today...will pick that back up.
