Monday January 25, 2021: $142.92 +$3.85 +2.77%
Jan 25, 2021 1:59:37 GMT -8
artman1033 and SomeJuan like this
Post by Dave on Jan 25, 2021 1:59:37 GMT -8
Good morning. It’s looking like the earnings party has really begun. The pre-market is +$3.07 at this moment, which is a new all time high of $142.14. Wow!
What to Expect in the Markets This Week
What to Expect in the Markets This Week
KEY TAKEAWAYS:
Big tech companies report earnings this week with Apple, Facebook, AMD, Microsoft.
Big industrial companies reporting earnings this week include Tesla, Boeing, GE, and American Airlines.
This Wednesday, the first FOMC meeting of the Biden administration.
Big tech companies report earnings this week with Apple, Facebook, AMD, Microsoft.
Big industrial companies reporting earnings this week include Tesla, Boeing, GE, and American Airlines.
This Wednesday, the first FOMC meeting of the Biden administration.
Monday, January 25:
Markets Closed in Brazil for Public Holiday.
German Ifo Business Climate Index (January)
Tuesday, January 26:
AMD (AMD), GE (GE), and Microsoft (MSFT) Report Earnings.
Markets Closed in India for Republic Day and in Australia for Australia Day.
U.K. Average Earnings Index (November).
U.K. Claimant Count (December).
U.S. Conference Board Consumer Confidence Index (January).
U.S. S&P/CS Housing Price Index Composite - n.s.a. (November).
Wednesday, January 27:
Tesla (TSLA), Apple (AAPL), Boeing (BA), Facebook (FB), and AT&T (T) Report Earnings.
U.S. Core Durable Goods Orders (December).
U.S. Federal Open Markets Committee (FOMC) Statement, Press Conference, and Interest Rate Decision.
Japanese Retail Sales (December).
Thursday, January 28:
America Airlines (AAL) Reports Earnings.
Brazilian Unemployment Rate (November).
U.S. Preliminary Gross Domestic Product (GDP) (Q4).
U.S. Trade Balance (December).
U.S. New Home Sales (December).
Japanese Tokyo Core Consumer Price Index (January).
Friday, January 29:
French Consumer Spending (December).
French Preliminary GDP (Q4).
German Preliminary GD (Q4).
German Unemployment Rate (January).
U.S. Personal Consumption Expenditure (PCE) Price Index (December).
U.S. Chicago Purchasing Managers' Index (January).
U.S. Pending Home Sales (December).
U.S. Preliminary Michigan Consumer Expectations and Sentiment (January).
Big Tech Earnings
Four major tech firms: Microsoft, Apple, Facebook, and AMD, all report earnings this upcoming week. Starting on Tuesday, chipmaker AMD reports earnings and expected to continue to grow its profits as it benefits from the surge in demand for processors and GPUs due to the pandemic forcing people to work and play remotely. This will also be the first earnings call after AMD's announcement in October that it would acquire fellow chipmaker Xilinx, so if you're curious about that, now may be the time to tune in. Tech titan Microsoft also reports earnings on Tuesday, and the key there will be whether or not it can continue to sustain the huge revenue growth we've seen so far from its Azure cloud platform.
On Wednesday Apple reports earnings and the two things to watch out for are how much it has continued to succeed in its overall push to grow its higher-margin services business, and whether or by how much sales of Apple products over the holidays were dampened by the ongoing pandemic and economic downturn. Facebook also reports earnings on Wednesday, but while its number of monthly active users (MAU) is important as always, its response to the multiple antitrust investigations launched over the last quarter may be a reason to turn into its earnings call if you don't normally.
Big Industry Earnings
Tech firms aren't the only ones reporting earnings this week. On Tuesday industrial conglomerate GE reports earnings, and out of its diverse segments, investors should specifically look out for revenue from its renewable energy segment. With its aviation segment still depressed from the pandemic and its other segments seeing comparably little growth, if there is one place in GE's portfolio of businesses that will produce earnings it is renewable energy. In addition due to the expectation of the Biden administration's push for renewable energy investment, it's worth seeing whether orders started to pick up after the election, and by how much.
This upcoming Wednesday two companies, one of whose stock has done very poorly over the past year and one whose has skyrocketed also report, Boeing and Tesla. Boeing reported more low delivery numbers for the forth quarter in its deliveries release, which comes out before earnings, which likely doesn't bode well for its earnings. Tesla's delivery numbers, also released pre-earnings, were better.
Finally, on Thursday American Airlines reports earnings. COVID-19 has thrashed airline stocks over the past year. Fellow airline Delta reported earlier this month showing mixed results this quarter with revenue in higher than expected, but losses higher as well. Delta's forecast was fairly optimistic, saying that it expects to be profitable by the summer, so see if American expects the future to be similarly rosy.
First FOMC Meeting of the Biden Administration
The Federal Open Markets Committee (FOMC) of the Federal Reserve is announcing monetary policy and interest rates this upcoming Wednesday, Jan. 26. With Janet Yellen, President Biden's choice for Treasury secretary, ready to be voted on by the Senate floor, and almost certain of approval, we may start to see significant changes in Fed policy as soon as this meeting. The change in Treasury secretary is important because Steven Mnuchin, the previous Treasury secretary under President Trump had unexpectedly withdrawn authorization for five lending programs the Fed had enacted in coordination with the CARES Act. With a new Treasury secretary, the Fed may feel freer to enact new policies.
Markets Closed in Brazil for Public Holiday.
German Ifo Business Climate Index (January)
Tuesday, January 26:
AMD (AMD), GE (GE), and Microsoft (MSFT) Report Earnings.
Markets Closed in India for Republic Day and in Australia for Australia Day.
U.K. Average Earnings Index (November).
U.K. Claimant Count (December).
U.S. Conference Board Consumer Confidence Index (January).
U.S. S&P/CS Housing Price Index Composite - n.s.a. (November).
Wednesday, January 27:
Tesla (TSLA), Apple (AAPL), Boeing (BA), Facebook (FB), and AT&T (T) Report Earnings.
U.S. Core Durable Goods Orders (December).
U.S. Federal Open Markets Committee (FOMC) Statement, Press Conference, and Interest Rate Decision.
Japanese Retail Sales (December).
Thursday, January 28:
America Airlines (AAL) Reports Earnings.
Brazilian Unemployment Rate (November).
U.S. Preliminary Gross Domestic Product (GDP) (Q4).
U.S. Trade Balance (December).
U.S. New Home Sales (December).
Japanese Tokyo Core Consumer Price Index (January).
Friday, January 29:
French Consumer Spending (December).
French Preliminary GDP (Q4).
German Preliminary GD (Q4).
German Unemployment Rate (January).
U.S. Personal Consumption Expenditure (PCE) Price Index (December).
U.S. Chicago Purchasing Managers' Index (January).
U.S. Pending Home Sales (December).
U.S. Preliminary Michigan Consumer Expectations and Sentiment (January).
Big Tech Earnings
Four major tech firms: Microsoft, Apple, Facebook, and AMD, all report earnings this upcoming week. Starting on Tuesday, chipmaker AMD reports earnings and expected to continue to grow its profits as it benefits from the surge in demand for processors and GPUs due to the pandemic forcing people to work and play remotely. This will also be the first earnings call after AMD's announcement in October that it would acquire fellow chipmaker Xilinx, so if you're curious about that, now may be the time to tune in. Tech titan Microsoft also reports earnings on Tuesday, and the key there will be whether or not it can continue to sustain the huge revenue growth we've seen so far from its Azure cloud platform.
On Wednesday Apple reports earnings and the two things to watch out for are how much it has continued to succeed in its overall push to grow its higher-margin services business, and whether or by how much sales of Apple products over the holidays were dampened by the ongoing pandemic and economic downturn. Facebook also reports earnings on Wednesday, but while its number of monthly active users (MAU) is important as always, its response to the multiple antitrust investigations launched over the last quarter may be a reason to turn into its earnings call if you don't normally.
Big Industry Earnings
Tech firms aren't the only ones reporting earnings this week. On Tuesday industrial conglomerate GE reports earnings, and out of its diverse segments, investors should specifically look out for revenue from its renewable energy segment. With its aviation segment still depressed from the pandemic and its other segments seeing comparably little growth, if there is one place in GE's portfolio of businesses that will produce earnings it is renewable energy. In addition due to the expectation of the Biden administration's push for renewable energy investment, it's worth seeing whether orders started to pick up after the election, and by how much.
This upcoming Wednesday two companies, one of whose stock has done very poorly over the past year and one whose has skyrocketed also report, Boeing and Tesla. Boeing reported more low delivery numbers for the forth quarter in its deliveries release, which comes out before earnings, which likely doesn't bode well for its earnings. Tesla's delivery numbers, also released pre-earnings, were better.
Finally, on Thursday American Airlines reports earnings. COVID-19 has thrashed airline stocks over the past year. Fellow airline Delta reported earlier this month showing mixed results this quarter with revenue in higher than expected, but losses higher as well. Delta's forecast was fairly optimistic, saying that it expects to be profitable by the summer, so see if American expects the future to be similarly rosy.
First FOMC Meeting of the Biden Administration
The Federal Open Markets Committee (FOMC) of the Federal Reserve is announcing monetary policy and interest rates this upcoming Wednesday, Jan. 26. With Janet Yellen, President Biden's choice for Treasury secretary, ready to be voted on by the Senate floor, and almost certain of approval, we may start to see significant changes in Fed policy as soon as this meeting. The change in Treasury secretary is important because Steven Mnuchin, the previous Treasury secretary under President Trump had unexpectedly withdrawn authorization for five lending programs the Fed had enacted in coordination with the CARES Act. With a new Treasury secretary, the Fed may feel freer to enact new policies.