45.56BMarket Cap3700.00P/E (TTM)
76.090High73.520Low3.41MVolume75.500Open75.210Pre Close253.78MTurnover0.63%Turnover Ratio3700.00P/E (Static)615.69MShares87.52052wk High2.44P/B40.03BFloat Cap38.85052wk Low--Dividend TTM540.97MShs Float289.230Historical High--Div YieldTTM3.42%Amplitude8.061Historical Low74.435Avg Price1Lot Size
Block Stock Forum
Postive earning
Record
The last time when S&P500 went 7 consecutive days in the red zone was during Covid crash.
On both occasions, S&P500 had a nice rebound.
We are approaching the 7th day today. Tomorrow (Tues) will be the 8th day.
Do we stop the rot, or do we see a new record?
$Chevron(CVX.US)$$IBM Corp(IBM.US)$$AT&T(T.US)$$Seagate Technology(STX.US)$ $PepsiCo(PEP.US)$$General Motors(GM.US)$$SAP SE(SAP.US)$ $Palantir(PLTR.US)$$American Airlines(AAL.US)$$Chubb Ltd(CB.US)$$GE Aerospace(GE.US)$$Roku Inc(ROKU.US)$$Exxon Mobil(XOM.US)$ ...
ColumnsToday's Morning Movers and Top Ratings: TSLA, VZ, COIN, AA and More
Gapping up
$Verizon(VZ.US)$ The telecommunications giant traded 1.5% higher as earnings per share came in ahead of expectations. Verizon earned $1.15 a share, excluding items, in the first quarter, three cents more than the consensus forecast of analysts surveyed by FactSet. However, the New York-based company posted $33 billion in revenue, slightly under the $33.32 billion figure penciled in by Wall Street. Verizo...
Vertical downside……is LIVE. Soon “rolling down the mountain” price action. ARROGANCE will bite you if not aware how to trade OPEX week, especially in current environment.
Earnings Season
Meanwhile, there were a lot other things that happened recently: hot inflation, potential rejection in rate cuts, rising geopolitical tensions etc.
As a result, the stock market had a sell off last week.
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Sell off
The sell off was triggered by the hotter than expected inflation numbers.
The market is now revising their expectations of the timeline and number of rate cutes. Currently, the odds of a rate cut in June is less than 20%. In case you don’t know, it was 60-70% about 2 months ago.
$Marathon Digital(MARA.US)$ $Financial Select Sector SPDR Fund(XLF.US)$$Crude Oil Futures(JUN4)(CLmain.US)$$Disney(DIS.US)$$Temasek Holdings(BK2536.US)$ ...
Flat Monday
Investors would want further update on the progress of Fed’s fight against inflation.
Once the data is out, speculations on the number of rate cuts and its timeline will start floating around again.
$Super Micro Computer(SMCI.US)$$Lemonade(LMND.US)$$Block(SQ.US)$$ChargePoint(CHPT.US)$$ARK Innovation ETF(ARKK.US)$...
ColumnsToday's Morning Movers and Top Ratings: SQ, RDDT, HTZ, WYNN and More
Gapping up
$Zeta Global(ZETA.US)$ The stock increased by 5% after Morgan Stanley upgraded the software firm to an overweight rating from equal-weight, anticipating positive revisions to valuation and estimates due to near-term catalysts and a "strong track record" of prudent guidance.
$Wayfair(W.US)$ The home-focused e-commerce retailer's shares climbed nearly 5% following an upgrade to outperform from in line by ...
Temporary pullback
- Market has lowered the probability of a rate cut in June
- Inflation remains flat, and some distance from Fed’s 2% target
Are we seeing a temporary pullback from the market? 🤔
Don’t have a crystal ball with me but I hope it happens so that i can pick up more shares
$Alibaba(BABA.US)$$Palantir(PLTR.US)$ $Advanced Micro Devices(AMD.US)$ $iShares Bitcoin Trust(IBIT.US)$$Coinbase(COIN.US)$$Salesforce(CRM.US)$$Walmart(WMT.US)$$Lockheed Martin(LMT.US)$$GlobalFoundries(GFS.US)$$JPMorgan(JPM.US)$$Lemonade(LMND.US)$$Block(SQ.US)$$ARK Fintech Innovation ETF(ARKF.US)$$DraftKings(DKNG.US)$$Corsair Gaming(CRSR.US)$
Should we call this a cup and handle?
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