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Earnings Season Continues With Walmart, Deere Among This Week's Headliners
Tuesday, February 16, 2021 - 11:19am | 2281The market is putting its best foot forward to start the week, but that doesn’t mean caution has left the room. There’s a sense of continued progress on the COVID-19 front, with the vaccination pace gathering steam and many health experts expecting the rate to improve. When you add that...
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FAANGs' Final Fling: Amazon, Alphabet Wrap Up Earnings Season For "Mega-Caps" Later Today
Tuesday, February 2, 2021 - 10:45am | 2424The big story last week was a dramatic spike in volatility. Today, that appears to be unwinding quickly, perhaps lending some initial strength to the stock market. Futures on the major indices are advancing in the early going, and the Cboe Volatility Index (VIX) has moved back to the...
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Tough Close To A Rough Week: Change In Tone Despite Strong Apple, Microsoft Results
Friday, January 29, 2021 - 6:02pm | 2464You could argue that the market spooked itself this week. Now it wasn’t as if there weren’t external reasons for the downturn. Between worries about slow vaccine rollout, weak European economic data, the appearance of the South African variant of the virus here, and a few disappointing...
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The Tech Earnings Barrage: Earnings Beats By Apple, Facebook; More Big Tech Companies Report Next Week
Thursday, January 28, 2021 - 12:46pm | 1940It seems like investors have plenty to mull over this morning, given the crazy action around apparent short squeezes, sobering comments about the economic recovery from the Federal Reserve, lofty stock valuations, and mixed economic news. The government’s first estimate of fourth-quarter...
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Apple's First Ever $100 Billion Quarter
Thursday, January 28, 2021 - 11:56am | 662On the wings of iPhone 12 sales, Apple Inc (NASDAQ: APPL) delivered its first and largest quarter of all time, crossing the symbolic 100 billion mark in one quarter. This is the YoY increase of sales for 21%. This is the company's first-quarter after introducing iPhone 12 family (the...
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Markets Shift To Risk-Off After Fed Meeting, And Ahead Of Apple, Tesla Earnings
Wednesday, January 27, 2021 - 6:11pm | 2555“Risk-off” resurfaced in a major way Wednesday, sending volatility soaring and stocks tumbling as the Fed meeting ended and investors prepared for a triumvirate of Tech earnings. Concerns about the slow process of vaccination appeared to hurt the market, along with cautious...
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Apple Expected To Join The $100 Billion Revenue Club When Earnings Are Released
Tuesday, January 26, 2021 - 12:05pm | 1976Did someone say $100 billion? And then some? Wall Street analysts did. A consensus sees Apple Inc (NASDAQ: AAPL) as joining that rarefied corporate crowd that’s broken the $100 billion in quarterly revenues mark when it opens the books Wednesday on its fiscal Q1. That’s...
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Tuesday's Market Minute: Previewing Apple Earnings
Tuesday, January 26, 2021 - 10:29am | 314Apple Inc (NASDAQ: AAPL) reports earnings after the bell on Wednesday, with Zacks estimating EPS at $1.40 and revenue at $102.61B. If Apple beats, or even comes in slightly short, it would mark its first $100B quarter — definitely a milestone. As the 5G smartphone cycle continues to kick...
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Wall Street Pulls Back A Bit Amid Mixed Bank Results After Biden Announces Further Stimulus
Friday, January 15, 2021 - 11:15am | 1991There’s a phrase on Wall Street that investors often “buy the rumor and sell the fact.” We may be seeing some of that this morning after President-elect Joe Biden late Thursday unveiled a $1.9 trillion stimulus plan that includes direct payments, increased additional federal...
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Bank Week Underway, With JP Morgan, Citigroup And Others Geared To Report Friday
Monday, January 11, 2021 - 11:31am | 2269Mondays might get a bad reputation on Wall Street if they keep starting out like this. For the second week in a row, stocks begin in a slump. Last week they recovered to hit new record highs by Friday, so there’s that. Rising cases of coronavirus and the swirl of events around President...
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Apple Helps Boost Nasdaq Tuesday Even As Tesla, Other Indices Slip
Wednesday, December 23, 2020 - 11:24am | 1578After Congress passed the coronavirus relief bill, it seems that many in the market thought a signing by the president was a foregone conclusion. But in hindsight maybe it shouldn’t have been such a surprise that the package, long a focus of congressional wrangling, might be subject to a...
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Tesla Shares Pull Back In First Day As Part Of The S&P 500
Tuesday, December 22, 2020 - 11:40am | 1704The lame-duck Congress has a bill. A coronavirus relief bill that is. Lawmakers passed an $892 billion stimulus package that includes funds for small businesses, bolstered unemployment benefits, $600 direct payments for most Americans— including dependent children—and a bailout...
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Tuesday's Market Minute: Miracle On Wall Street?
Tuesday, December 22, 2020 - 10:34am | 349After months of back-and-forth between Democrats and Republicans, Congress has finally passed a second Covid-19 relief package totaling more than $2.3 billion. That will go to $600 stimulus payments to most Americans, including children, as soon as next week, as well as supplemental unemployment...
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Tech Stocks Might Be In The Spotlight Again As Investor Lean Toward Stay-at-Home Trade
Thursday, November 12, 2020 - 11:11am | 1821This week, the stock market has seen a tug of war between growth stocks and value names as investors have been rethinking the balance between companies that would benefit from an economic reopening and those that would be helped if people stay at home longer. This morning it seems that investors...
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Investor Movement Index Summary: October 2020
Monday, November 9, 2020 - 2:34pm | 1792Exposure to equity markets remained relatively flat in TD Ameritrade client accounts during the October IMX period. The IMX score decreased 0.02, or 0.35%, to 5.69 from 5.71 the previous period. TD Ameritrade clients were net buyers overall, and net buyers of equities during the period. They...