Earnings out of Dow components have been strong
| | |
| | 4/30/2019 | |
|
Stocks Eye Mixed Open on Large-Cap Earnings Deluge | By Josh Selway | | Dow Jones Industrial Average (DJI) futures are pointing to a positive open this morning ahead of a huge day of earnings on Wall Street. Strong quarterly reports from blue chips McDonald's (MCD), Merck (MRK), and Pfizer (PFE) are getting the ball rolling for the 30-stock index, while former Dow component General Electric (GE) is also set to soar after earnings. However, the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) could be under pressure at the open, due to a sharp pullback in Alphabet (GOOGL) shares following disappointing first-quarter sales. Tech will remain in focus post-close, as well, with Apple (AAPL) set to report, while on the economic front, traders will have a ton of housing data to sift through. Continue reading for more on today's market, including: - Schaeffer's Senior V.P. of Research Todd Salamone explains why a small-cap breakout could be imminent.
- Options bulls expect this drug stock to double.
- How Canopy Growth added to its big April gains.
- Plus, a soaring tech stock; confirmed M&A news; and analysts up the ante on Ford.
| >> Continue reading... | |
LATEST HEADLINES |
| ADVERTISEMENT Former Lehman Brothers executive reveals one of Wall Street's best kept secrets. A proven system for turning $1,000 into $1.3M (or more)-without touching the stock market. In fact, this system is responsible for the most profitable investment of all time! Click here for details » | | |
To ensure delivery of Schaeffer's Opening View, add us to your contacts! For more information, please visit this link for further instructions. This email was sent to phanhoa1821960.trader@blogger.com because you are a registered subscriber to Schaeffer's Opening View or have signed up to receive emails from www.schaeffersresearch.com. Don't want to receive Schaeffer's Opening View? You can unsubscribe here. For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. Have a question, comment or concern? We’ll respond quickest if you call (800) 448-2080, email, or write to: |
| |
No comments:
Post a Comment