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Stock Market Daily Discussion for May 9th - 13th

Discussion in 'Stock Market Today' started by StockJock-e, May 7, 2016.

  1. StockJock-e

    StockJock-e Brew Master
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    Welcome to the trading week of May 9th!

    We are over the major earnings hump, it starts winding down here.

    [​IMG]

    Here is what the major components of the S&P did last week:

    [​IMG]

    Economic calendar:

    [​IMG]
     
    OldFart and T0rm3nted like this.
  2. StockJock-e

    StockJock-e Brew Master
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    What to Watch
    Monday

    Earnings: Teva Pharma, Sotheby's, Hertz Global, Rackspace, Liberty Broadband, SolarCity, InvenSense, International Flavors and Fragrances

    5 a.m. Chicago Fed President Charles Evans

    1 p.m. Minneapolis Fed President Neel Kashkari

    3 p.m. San Francisco Fed President John Williams

    Tuesday

    Earnings: Disney, Electronic Arts, Nuance Communications, Planet Fitness, Norwegian Cruise Lines, Nokia, Dean Foods, Credit Suisse, Soda Stream, Lumber Liquidators

    3:15 a.m. New York Fed President William Dudley

    6 a.m. NFIB survey

    10 a.m. Wholesale trade; JOLTs

    1 p.m. $24 billion three-year note auction

    Wednesday

    Earnings: Macy's, Wendy's, Nissan, Toyota, Allianz

    1 p.m. 10-year note auction

    2 p.m. $23 billion federal budget

    Thursday

    Earnings: Kohl's, Nordstrom, Shake Shack, Nvidia, Party City, Ralph Lauren

    8:30 a.m. Initial claims; import prices

    11 a.m. Cleveland Fed President Loretta Mester

    11:45 a.m. Boston Fed President Eric Rosengren

    1 p.m. $15 billion 30-year bond auction

    1:30 p.m. Kansas City Fed President Esther George

    Friday

    Earnings: Honda Motor, JC Penney, Brookfield Asset Management

    8:30 a.m. Retail sales; PPI

    10 a.m. Consumer sentiment; business inventories

    6:25 p.m. San Francisco Fed's Williams
    http://www.cnbc.com/2016/05/06/after-fridays-jobs-shocker-this-is-what-you-need-to-watch.html
     
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  3. Vegastrader66

    Vegastrader66 Member

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    This weeks market Wrap video and sector watch for next week
     
    OldFart, StockJock-e and T0rm3nted like this.
  4. StockJock-e

    StockJock-e Brew Master
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    Yo @Vegastrader66 , we need to get that interview lined up, be sure to look pretty!
     
  5. Tiptopptrader

    Tiptopptrader Well-Known Member

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    OldFart likes this.
  6. internationalstocks

    internationalstocks Active Member

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  7. internationalstocks

    internationalstocks Active Member

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    Was just reading that article. Calls outnumber puts 4:1 meaning most people are bullish. Imagine a bull squeeze on that one. Did you buy any calls? I was in China recently and saw many solar manufacturers saying exports to America were hard these days to US anti-dumping taxes imposed upon them.
     
  8. internationalstocks

    internationalstocks Active Member

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  9. Tiptopptrader

    Tiptopptrader Well-Known Member

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    No I didn't buy any calls. I hadn't been following SCTY. This stock is extremely oversold and if they beat there is a big upside potential.

    upload_2016-5-8_6-54-24.png
     
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Bloomberg been coming out with stories pieces about how consequences of negative interest rates are showing up. They take the negative slant to things.


     
  11. StockJock-e

    StockJock-e Brew Master
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    Good morning everybody!

    Lets get this going!
     
  12. MaximusAnalysis

    MaximusAnalysis Active Member

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    #ES_F $ES_F #SPY levels to watch 2070.75 / / 2059.50 / / 2048
     
  13. MaximusAnalysis

    MaximusAnalysis Active Member

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    #CL_F $CL_F levels to watch 46.47 / / 44.78 / / 43.17
     
  14. StockJock-e

    StockJock-e Brew Master
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    Early movers: HCP, LC, TSN, LUV, TEVA, BRKB, DIS, FB & more
    http://www.cnbc.com/2016/05/09/early-movers-hcp-lc-tsn-luv-teva-brkb-dis-fb-more.html


    HCP — The health care real estate investment trust will spin off its HCR ManorCare portfolio into a separate, publicly traded REIT specializing in nursing and assisted living properties.

    Lending Club — The online lending marketplace said its CEO Renaud Laplanche had resigned after the board determined he had violated the company's business practices. He'll be replaced on an interim basis by President Scott Sanborn.

    Tyson Foods — Tyson earned an adjusted $1.07 per share for its latest quarter, with revenue also beating estimates. The beef and poultry producer said it was pleased with its results in what typically is the most challenging quarter of the year.

    Southwest Airlines — The airline reported a 4.7 percent increase in revenue passenger miles in April compared to a year ago. Southwest also had a load factor of 83.4 percent, its highest ever for April.

    Teva Pharmaceutical — The drugmaker earned an adjusted $1.36 per share for its latest quarter, beating estimates by 19 cents a share. Revenue also beat forecasts, with generics continuing to drive results despite no new introductions during the quarter.

    Berkshire HathawayWarren Buffett's firm missed estimates on both the top and bottom lines. Buffett had warned at last weekend's annual meeting that a slump in shipments at the company's Burlington Northern Santa Fe railroad unit would drag down results.

    Walt Disney — Disney's "Captain America: Civil War" topped the weekend box office with a very strong $181.8 million in North American ticket sales. That performance was the fifth-best domestic weekend opening of all time.

    Twitter — Twitter has cut off U.S. intelligence agencies from its service that examines its entire output, according to The Wall Street Journal.

    Facebook — Facebook won a court battle in China over its trademark, in a case involving a Chinese beverage company that owned the trademark "face book."

    Tribune Publishing — The newspaper publisher adopted a shareholder rights plan, following its rejection of Gannett's roughly $400 million takeover bid. Tribune has been urged by Oaktree Capital, its second largest shareholder, to negotiate with Gannett about a possible takeover.

    Oracle, Alphabet — Oracle and Alphabet's Google unit are back in court today, in a long-running copyright dispute. Oracle has accused Google of using portions of its Java software without permission.

    Depomed — The drugmaker may once again be a target of Horizon Pharma if Depomed is forced to put itself up for sale, according to the New York Post. Depomed successfully fought off a takeover bid from Horizon late last year.

    General Electric — GE will seek more acquisitions in oil and gas after the failure of Halliburton-Baker Hughes merger removed an opportunity to buy assets. Chief Financial Officer Jeff Bornstein told Bloomberg that GE had been in talks for businesses the two oilfield services giants were planning to sell.
     
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  15. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    PRESS RELEASE + OPKO Form 8K

    Vifor Fresenius Medical Care Renal Pharma and OPKO Health Enter into Agreement for OPKO’s RAYALDEE®

    Monday, 9 May 2016
    ______

    - Vifor Fresenius Medical Care Renal Pharma obtains rights to commercialize RAYALDEE® in Europe, Canada and certain other international markets
    - OPKO to receive up to USD 282 million in upfront and milestone payments, plus tiered double-digit royalties
    - OPKO and Vifor Fresenius Medical Care Renal Pharma to jointly develop RAYALDEE® for dialysis patients

     
  16. MaximusAnalysis

    MaximusAnalysis Active Member

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    Very difficult action here on the ES. Willing to stand down until something is clear vs pick a side in chop.

    2048 holding so far....


    *intraday commentary btw*
     
  17. StockJock-e

    StockJock-e Brew Master
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    TEVA getting a good bounce here
     
  18. LSS Trading

    LSS Trading Member

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  19. StockJock-e

    StockJock-e Brew Master
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    EWZ Brazil index getting whacked today too.

    [​IMG]
     
  20. Baggi

    Baggi Active Member

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    Closed out my Amazon position with just over a dollar gain.
     

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