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Stock Market Today: July 18th - 22nd

Discussion in 'Stock Market Today' started by bigbear0083, Jul 15, 2016.

  1. bigbear0083

    bigbear0083 Content Manager
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  2. StockJock-e

    StockJock-e Brew Master
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    INTC, lets see what happens with them
     
  3. MaximusAnalysis

    MaximusAnalysis Active Member

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    Today's Market Thoughts

     
  4. duck mich

    duck mich Member

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    did TSLA come with news yet?
    this guy Musk, he does anything he wants, people does not care, they keep on buying the stock.

    Thanks QCOM!!!!!
     
  5. Tiptopptrader

    Tiptopptrader Well-Known Member

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    upload_2016-7-21_5-41-18.png
     

    Attached Files:

    OldFart and StockJock-e like this.
  6. MaximusAnalysis

    MaximusAnalysis Active Member

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    #ES_F $ES_F #SPY Levels to watch 2174.50 / / 2162.75 / / 2151.
    #CL_F $CL_F #USO #Crudeoil Levels to watch 46.47 / / 45.63 / / 44.78
    #GC_F $GC_F #GLD #GOLD levels to watch 1332.7 / / 1323.6 / / 1314.50
     
  7. StockJock-e

    StockJock-e Brew Master
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    Morning traders!
     
  8. StockJock-e

    StockJock-e Brew Master
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    Its just one of the rare stocks with vision that is making changes in our lives and the world.

    Sure its overpriced, but its still a great story!
     
  9. bigbear0083

    bigbear0083 Content Manager
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    Early movers: GM, LUV, DHI, PHM, TRV, ALK, DNKN, AXP, INTC & more

    General Motors — The automaker earned $1.86 per share, well above estimates of $1.52 a share. Revenue beat forecasts, as well. GM also raised its full-year outlook and reported its first European profit in five years.

    Southwest Airlines — Southwest came in two cents a share below estimates with adjusted quarterly profit of $1.19 per share. Revenue was also below forecasts. Although Southwest was helped by low fuel prices and record load factors, CEO Gary Kelly said the industry's fare environment remains challenging.

    DR Horton — The home builder matched estimates with quarterly profit of 66 cents per share, though revenue was below forecasts. The company did see a 13 percent increase in sale orders but also had a cancellation rate of 21 percent.

    PulteGroup — PulteGroup came in two cents a share above estimates, with earnings per share of 34 cents. Revenue beat Street forecasts, as well. The home builder's results were helped by selling more homes at higher prices.

    Travelers — The insurer reported quarterly profit of $2.20 a share, 13 cents a share above estimates. Revenue also beat forecasts, despite an increase in casualty losses compared to a year ago.

    Alaska Air — The airline's quarterly profit came in three cents a share above estimates at an adjusted $2.12 per share. Revenue was essentially in line with expectations. Lower fuel prices helped Alaska Air's bottom line.

    Dunkin' Brands — The donut and coffee shop chain reported quarterly profit of 57 cents per share, one cent a share above estimates. Revenue missed forecasts. Dunkin' also cut its 2016 revenue growth target, due to the sale of many of its company-owned stores.

    American Express — The company reported quarterly profit of $2.10 per share, 15 cents a share above estimates. Revenue was below Street forecasts. The financial services company noted strength in its international business, and reaffirmed its prior earnings outlook for both 2016 and 2017.

    Intel — Intel beat estimates by six cents a share, with adjusted quarterly profit of $0.59 per share. Revenue was essentially in line with estimates. Investors are focusing on a drop in the chipmaker's data center business, a highly profitable part of Intel's operation.

    Qualcomm — Qualcomm reported adjusted quarterly profit of $1.16 per share, well above consensus estimates of $0.97 a share. The chipmaker's revenue also easily beat analysts' forecasts. Qualcomm saw increased demand for its mobile semiconductors and also sold more licenses in China.

    EBay — EBay came in a penny a share above estimates, with adjusted quarterly profit of 43 cents per share. Revenue was slightly above forecasts. The online retailer also raised its sales forecast for the full year, and authorized an additional $2.5 billion stock repurchase program.

    Mattel — Mattel lost two cents per share for its latest quarter, but that loss was three cents a share smaller than analysts had anticipated. The toy maker's revenue was above estimates, thanks to improved sales in its Barbie line after a revamp of that product line.

    Newmont Mining — Newmont trounced estimates by 14 cents a share with adjusted quarterly profit of 44 cents per share. The gold miner's revenue also beat estimates. Of particular note was a cut in Newmont's cost estimates.

    Joy Global — The mining equipment maker will be bought by Japan's Komatsu for $2.9 billion or $28.30 per share in cash. That represents a more than 20 percent premium over Wednesday's close of $23.55.

    Anheuser-Busch InBev — The beer brewer and rival SABMiller won approval from U.S. regulators for their $107 billion merger, leaving China as the only country that still needs to give its approval. AB InBev said it continues to expect the deal to close before the end of the year.

    InterOil Corp. — InterOil will be bought by Exxon Mobil for $2.2 billion, after Australia's Oil Search dropped out of the bidding.

    Tesla — CEO Elon Musk released his "master plan" for Tesla, including development of all-electric pickup trucks, SUVs, large trucks, and buses.
     
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  10. bigbear0083

    bigbear0083 Content Manager
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    market map heading into sandwich hour mixed bag out there:

    [​IMG]
     
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  11. MaximusAnalysis

    MaximusAnalysis Active Member

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    Very much so. Just looking at how these markets are playing out . This is the week of chop for sure
     
  12. bigbear0083

    bigbear0083 Content Manager
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    a positive close on the dj30 today would be its longest daily up streak since the raging 90s bull run ... doesn't look like we'll get it though
     
  13. bigbull

    bigbull Active Member

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    The correlation between GPRO and AMBA has been nixed. One of these stories -- GPRO or AMBA -- is vastly over or under stating current demand.

    AMBA is actually beginning to look better now that it trades above key MAs. Bullish cross between 50 and 200 DMA.

    I'd wait to see how the relationship fairs after earnings are reported to get a better sense of which offers the better trade.

     
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  14. bigbear0083

    bigbear0083 Content Manager
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  15. StockJock-e

    StockJock-e Brew Master
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    AMD is going to be interesting
     
  16. T0rm3nted

    T0rm3nted Moderator
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    Crossing my fingers for AMD
     
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  17. bigbear0083

    bigbear0083 Content Manager
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  18. bigbear0083

    bigbear0083 Content Manager
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    Welcome to the summer doldrums
    [​IMG]
    Looking at the average daily trading volume of SPDR S&P 500 (SPY) on Yahoo! Finance (the new layout and format is going to take time to get accustomed too), it is just under 100 million shares per day over the past three months. SPY volume recently spiked as high as 333 million shares on June 24, 2016, Brexit sell-off, to a recent low of just a little over 54 million this past Tuesday. If volatility remains subdued, average daily volume is likely to continue to trend lower as the calendar heads toward August.

    We refer to the summer months as the doldrums due to the anemic volume and uninspired trading on Wall Street. The individual trader, if they are looking to sell a stock, is generally met with disinterest from The Street. It becomes difficult to sell a stock at a good price. That is also why many summer rallies tend to be short lived and are quickly followed by a pullback or correction.

    Below we have plotted the one-year seasonal volume patterns since 1965 for the NYSE and 1978 for NASDAQ against the annual average daily volume moving average for 2016 so far. The typical summer lull is highlighted in yellow. Note the spike in volume that occurred in late June as a result of the Brexit vote sell-off. Prior to then volume had been slowly, but steadily declining since late April. As of last Friday, volume has already sunk to pre-Brexit spike levels.

    An atypical surge in volume this summer, especially accompanied by outsized gains, would be an encouraging sign that the bull market will continue. However, should traders lose their conviction and participate in the annual summer exodus from The Street, a market pullback or correction could quickly unfold.

    [​IMG]
    [​IMG]
     
  19. MaximusAnalysis

    MaximusAnalysis Active Member

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    Today's Market Thoughts

     
  20. bigbear0083

    bigbear0083 Content Manager
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    good morning traders

    Early movers: GE, HON, WHR, SWK, VFC, SBUX, T, CMG, V, PYPL, P & more

    General Electric — The industrial conglomerate earned an adjusted 51 cents per share for the second quarter, five cents a share above estimates. Revenue also scored a beat. Revenue was up 15 percent over a year ago, although GE said the current business environment is being affected by a "volatile and slow growth economy."

    Honeywell — Honeywell beat estimates by two cents a share, with quarterly profit of $1.66 per share. Revenue missed forecasts, however. Honeywell also raised the lower end of its full-year guidance. Separately, the industrial company announced it would split its automation and control solutions units.

    Whirlpool — The appliance maker reported adjusted quarterly profit of $3.50 per share, 14 cents a share above estimates. Revenue also came in above forecasts. Whirlpool also raised its full-year earnings forecast, as it benefits from volume growth, cost cuts, and acquisitions.

    Stanley Black & Decker — The tool company came in 13 cents a share above estimates, with quarterly profit of $1.84 per share. Revenue was also slightly above estimates. The company raised its full-year forecast as well, as volume growth increases and profit margins expand. Separately, the company announced CEO John Lundgren will retire July 31, to be replaced by current President/COO James Loree.

    VF Corp. — The maker of North Face, Nautica, and other apparel brands earned an adjusted 35 cents per share for its latest quarter, one cent a share above estimates. Revenue fell short, however, and VF cut its sales forecasts for a number of key segments.

    Starbucks — Shares were are under pressure after adjusted earnings of 49 cents per share merely matched forecasts, and revenue was below Street forecasts. Investors are also focused on a lower-than-expected four percent increase in comparable-store sales in both the U.S. and globally.

    AT&T — AT&T earned an adjusted 72 cents per share for the second quarter, matching estimates, while revenue was slightly below analyst projections. AT&T saw an increase in wireless subscribers, but also experienced a decline in pay-TV customers.

    21st Century Fox — The company announced the resignation of Roger Ailes as chairman and chief executive of the Fox News Channel, a development widely expected over the past few days in the aftermath of a sexual harassment lawsuit by former anchor Gretchen Carlson.

    Chipotle Mexican Grill — Chipotle missed estimates by six cents a share, with quarterly profit of 87 cents per share. The restaurant chain's revenue also posted a miss, as comparable-store sales dropped more than expected. That came despite promotions and increased food safety measures in the aftermath of last year's food illness incidents.

    Visa — Visa came in three cents a share above estimates, with adjusted quarterly profit of 69 cents per share. Revenue was very slightly below forecasts. The credit card issuer also announced a $5 billion share repurchase program, as well as a new strategic partnership with PayPal.

    PayPal — PayPal matched forecasts, with adjusted quarterly profit of 36 cents per share. The payment service's revenue beat estimates, thanks to growth in its online payments business.

    Pandora Media — Pandora lost 12 cents per share, narrower than the 16 cents a share analysts had expected. The online radio service's revenue missed forecasts, however, as did its current-quarter revenue guidance, owing to a drop in active listeners.

    Skechers — Skechers reported quarterly profit of 48 cents per share, four cents a share below estimates. Revenue also missed Street forecasts. The shoe maker was hurt by several factors, including currency fluctuations and a fire at a warehouse located in Malaysia.

    Boeing — Boeing said it would take a more than $2 billion charge against earnings for the second quarter, related to various aircraft programs, including the KC-46 tanker aircraft and 787 Dreamliner programs. Boeing is scheduled to report second-quarter earnings next Wednesday.

    ConocoPhillips — ConocoPhillips will cut six percent of its workforce, about 1,000 workers, in the energy giant's U.S. and Canada operations.

    Valeant Pharmaceuticals — The drugmaker said the Food and Drug Administration has raised issues regarding a Bausch & Lomb eye drop manufactured at a facility in Florida. The eye drop in question treats a certain type of glaucoma, and Valeant said it planned to address and resolve the concerns.

    Syngenta — Syngenta said it expected its deal to be bought by ChemChina to be completed by the end of the year. That statement came as the agricultural chemical maker reported lower-than-expected first-half profit.

    Amazon.com — Amazon is set to announced new investments in Italy worth at least $500 million, according to Reuters.

    Advanced Micro Devices — AMD posted its first increase in sales in almost two years during the second quarter, thanks to increasing demand for videogame and graphics chips. AMD lost five cents per share for the quarter, compared to the eight cent a share consensus estimate. Revenue was above forecasts.
     

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