The Best and Worst Stocks Since February

Netflix's earnings report toppled estimates thanks to huge streaming numbers

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4/22/2020

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Stock Futures in Rally-Mode as Black Gold Steadies

By Patrick Martin

Share On

Dow Jones Industrial Average (DJI) futures are signaling a rally this morning, taking cues from stabilizing oil prices. With the May contract now expired, June-dated crude futures have come off their 21-year low of $6.50, and were last seen at $11.25 per barrel. There's also optimism out of Washington D.C., after Congress last night approved a $484 billion coronavirus relief package focused on small businesses, hospitals, and testing efforts.

Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also pointing to strong gains at the open, as investors unpack a blowout earnings report from Netflix (NFLX). The FAANG name's new subscribers more than doubled estimates amid the widespread stay-at-home orders.

Continue reading for more on today's market, including: 

  • Schaeffer's Senior Quantitative Analyst Rocky White broke down the best SPX stocks since the February top.
  • Coca-Cola stock took a post-earnings breather.
  • Plus, Delta Air Lines climbs post-earnings; Chipotle touts online sales; and Chevron ordered out of Venezuela.
>> Continue reading...
LATEST HEADLINES

>> The Best and Worst Stocks Since the February Top
Breaking down the best and worst stocks since the S&P 500's all-time-high in February
>> The "Fear Gauge" Trend You Should Be Watching
The VIX may have settled on new support last week
>> Dow Nosedives as Oil Collapse Continues
Both gold and June-dated crude fell lower
>> Proctor & Gamble Stock Support in Place
There is plenty of room for analyst upgrades in this "buy" cycle
>> 10 Stocks to Avoid During the Coronavirus Crash
Show me the 10 stocks!
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