Jobless Claims Weigh on Market

April 30, 2020 By: adminbackup

The market closed mostly lower on Tuesday as dismal economic news weighed on sentiment. Specifically, Consumer Confidence tanked another -31.9 points to 86.9 in April following March's -13.8 point plunge to 118.8. Forecasts were for a print of 90.As far as 1Q earnings, five of the six companies with the largest market caps in the S&P - Alphabet (GOOGL), Microsoft (MSFT), Facebook (FB), Apple...

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Extreme Option Profits Chart of Day… Fiverr International (FVRR)

April 29, 2020 By: adminbackup

Keep an eye on Carnival (CCL). The stock has been battered by the coronavirus story. However, it’s down too far, too fast, and could soon recover, even though it could see an EPS loss of 55 to 65 cents a share if operations in Asia are suspended through April 2020.   “While that has not come to pass and may be averted, the cruise line said there will be a material impact on...

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Bulls Continue Assault to Higher Highs

By: adminbackup

The market closed mostly lower on Tuesday as dismal economic news weighed on sentiment. Specifically, Consumer Confidence tanked another -31.9 points to 86.9 in April following March's -13.8 point plunge to 118.8. Forecasts were for a print of 90.As far as 1Q earnings, five of the six companies with the largest market caps in the S&P - Alphabet (GOOGL), Microsoft (MSFT), Facebook (FB), Apple...

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Stock futures rise slightly ahead of Fed decision

April 28, 2020 By: adminbackup

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Bulls Take a Breather Ahead of Major Earnings Announcements

By: adminbackup

The market closed mostly lower on Tuesday as dismal economic news weighed on sentiment. Specifically, Consumer Confidence tanked another -31.9 points to 86.9 in April following March's -13.8 point plunge to 118.8. Forecasts were for a print of 90.As far as 1Q earnings, five of the six companies with the largest market caps in the S&P - Alphabet (GOOGL), Microsoft (MSFT), Facebook (FB), Apple...

Continue reading >>

Extreme Option Profits Chart of Day… Nordic Tanker (NAT)

April 27, 2020 By: adminbackup

Keep an eye on Carnival (CCL). The stock has been battered by the coronavirus story. However, it’s down too far, too fast, and could soon recover, even though it could see an EPS loss of 55 to 65 cents a share if operations in Asia are suspended through April 2020.   “While that has not come to pass and may be averted, the cruise line said there will be a material impact on...

Continue reading >>