Markt snapshot Wall Street 7 april
Markt snapshot Wall Street 7 april
TOP NEWS
U.S. jobs progress still far short of Fed's 'substantial' tripwire
The U.S. job market may have picked up steam in March, but the improvement was only a small step towards the Federal Reserve's threshold for considering reining in its massive support for the economy.
• G20 agree to boost IMF war chest by $650 billion amid pandemic -draft
The world's financial leaders will agree to boost the resources of the International Monetary Fund by $650 billion so it can better help vulnerable countries deal with the effects of the COVID-19 pandemic, a draft communique showed.
• UK launches rollout of Moderna COVID vaccine as daily shots slow
Britain began using Moderna's COVID-19 vaccine in Wales just as its rollout of other shots fell to their lowest level this year due to a supply crunch caused by manufacturing problems at AstraZeneca.
• Tesla tells China car cameras not activated outside North America
Cameras in Tesla cars are not activated outside of North America, the U.S. automaker said on its Chinese social media page, seeking to assuage security concerns in the world's biggest car market.
• Samsung Electronics says Q1 profit likely rose 44%, matching expectations
Samsung Electronics said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output.
BEFORE THE BELL
U.S. stock futures were slightly higher and European shares hovered around record highs as a strong global growth forecast from the International Monetary Fund boosted demand for riskier assets. Oil prices edged higher. Asian shares pulled back from a three-week high, dragged lower by Chinese stocks. Hopes of swift economic recovery pulled gold prices lower, while the dollar was little changed. Trade deficit data for February is scheduled for release later during the day.
STOCKS TO WATCH
IPOs
• AppLovin Corp: The mobile app and gaming company, which is backed by private equity giant KKR, said it was targeting a valuation of more than $30 billion in its U.S. initial public offering. The company said it was looking to raise as much as $2.13 billion in its IPO by selling 25 million shares at a price range of $75 to $85 per share.
• Vaccitech: The Biotech startup which owns the technology behind the COVID-19 vaccine developed by Oxford and AstraZeneca, has confidentially filed for an initial public offering in the United States, the Financial Times reported. The startup could price its offering as early as this month, the report said, citing people familiar with the matter.
In Other News
• Amazon.com Inc: The company supports a hike in the U.S. corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest U.S. retailer, said on Tuesday after facing withering criticism from the White House, Congress and on social media. "We support the Biden Administration’s focus on making bold investments in American infrastructure," Bezos said in a blog post. "We recognize this investment will require concessions from all sides — both on the specifics of what’s included as well as how it gets paid for (we’re supportive of a rise in the corporate tax rate)."
• Citigroup Inc: Citibank N.A. has lodged an application with Australia's Supreme Court of New South Wales to wind up two businesses run by Indian-British steel magnate Sanjeev Gupta as part of insolvency measures. The London branch of Citibank lodged an application on Tuesday to wind up OneSteel Manufacturing, which includes the Whyalla steel plant in South Australia, and Tahmoor Coal, which includes a coal mine in New South Wales, according to the court. A directions hearing is listed for May 6.
• Curevac NV. Global supply chains for making COVID-19 vaccines have been disrupted by U.S. restrictions, creating headaches for companies seeking to build production in Europe, according to one of the founders of Germany's Curevac. Florian von der Muelbe said in a newspaper interview that he was hopeful Curevac's vaccine candidate would win emergency European approval this quarter and confirmed a forecast that it would produce 300 million doses this year.
• Fox Corp: Betting group Flutter Entertainment, the owner of Paddy Power, Betfair and PokerStars, said it will "vigorously defend its position" after Fox filed a suit against the company related to its option to buy a 18.6% stake in U.S. sports betting firm FanDuel Group. Fox wants to acquire the stake in FanDuel for the same price Flutter paid for the interest in December last year. Flutter argues the parties had agreed the exchange should take place at a fair market value.
• Genworth Financial Inc: The company has terminated a $2.7 billion buyout agreement with investment firm China Oceanwide Holdings Group Co, the U.S. insurer said on Tuesday. Originally proposed in October 2016, the merger was stalled for years over concerns about Chinese access to sensitive data of U.S. citizens. "Greater clarity about Genworth's future is needed now in order for the company to execute its plans to maximize shareholder value," Genworth's non-executive chairman James Riepe said, explaining the rationale behind the move. Genworth said its revised plans include a potential partial IPO of its U.S. mortgage insurance business.
• KKR & Co Inc: T-Mobile Netherlands said it will invest at least 700 million euros to build and offer fibre optic networks in Dutch cities together with Open Dutch Fibre, a joint venture between KKR Infrastructure and Deutsche Telecom Capital Partners. The project aims to reach 1 million households within five years, it said.
• Moderna Inc: Deliveries of Moderna's COVID-19 vaccine are on track to meet the number of doses it promised to the European Union, a spokesperson for the company said, following a report of delays in Germany. Separately, Britain began using Moderna's COVID-19 vaccine on Wednesday in Wales just as its rollout of other shots fell to their lowest level this year due to a supply crunch caused by manufacturing problems at AstraZeneca.
• Nokia Oyj: The company has settled a multi-year patent fight with China's Lenovo, the world's biggest PC maker, resolving all pending litigation across all jurisdictions, the companies said. While terms of the cross-license agreement remain confidential, Lenovo will make a net balancing payment to Nokia, the Finnish telecom equipment maker said. A Nokia spokesman declined to disclose the financial details.
• Occidental Petroleum Corp: Chief Executive Vicki Hollub said she opposes a carbon tax, an idea that has gained the backing of large rival oil companies and some trade groups. "A carbon tax would be bad for a lot of the industry, a carbon tax would be bad for the consumers and especially for those consumers who are more disadvantaged from an economic standpoint," Hollub told the virtual summit of the Texas Independent Producers and Royalty Owners Association.
• Pfizer Inc: Canada's health regulator said it was launching a probe into the company's arthritis drug, Xeljanz, after a trial by the company identified increased risk of serious heart-related issues and cancer in the participants. The trial investigated the long-term safety of Xeljanz at two doses in patients with rheumatoid arthritis, who are at least 50 years old and have at least one cardiovascular risk factor, the regulator said.
• Royal Dutch Shell PLC: The company expects its fuel sales to fall or at best be broadly steady for the first quarter, the world's biggest fuel retailer said, indicating fuel demand recovery has remained slow amid coronavirus restrictions. In a trading update, Shell said it saw refined oil product sales at 3.7-4.7 million barrels per day (bpd) for the first quarter compared with just under 4.8 million bpd in the last quarter of 2020. It had previously forecast sales of 4-5 million bpd.
• Ryanair PLC: The European Union's slow COVID-19 vaccine rollout will damage Ryanair's prospects in the coming year, Europe's biggest low-cost airline said, as it flagged a smaller than expected loss for its financial year just ended. The Irish company said it now expected passenger traffic in the year to March 31, 2022, to be towards the lower end of its previously estimate of 80-120 million people.
• Tesla Inc: Cameras in Tesla cars are not activated outside of North America, the U.S. automaker said on its Chinese social media page, seeking to assuage security concerns in the world's biggest car market. "Even in the United States, car owners can freely choose whether to turn on its (the camera system's) use. Tesla is equipped with a network security system with world-leading security levels to ensure user privacy protection," the electric carmaker wrote on Weibo, China's Twitter-like social media site.
INSIGHT
CEO Mary Barra bets GM can grow beyond cars and trucks
Pam Fletcher wants to change the way General Motors makes money. The veteran GM engineer's Global Innovation team is looking for new enterprises to expand the automaker's sources of revenue well beyond vehicle sales and is incubating ventures from commercial delivery services to vehicle insurance, to address future markets worth an estimated $1.3 trillion. That doesn't include flying cars, a market sector that alone could be worth $1.3 trillion, Fletcher told Reuters.
ANALYSTS' RECOMMENDATION
• Applied Materials Inc: Cowen and Company raises price target to $160 from $140, to reflect on the company’s diverse product portfolio, AI driven learning & integrated approach to solve high-value customer problems.
• Bank of America Corp: Barclays raises price target to $45 from $40, believing that in the near term, a lower than previously expected loan loss provision should drive the company’s EPS higher, while a better than anticipated interest rate environment should help looking out.
• Howmet Aerospace Inc: JPMorgan raises price target to $35 from $32, to factor in the company’s recently announced debt pay down plans and higher margins beyond 2021.
ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0830 (approx.) International trade for Feb: Expected -$70.5 bln; Prior -$68.2 bln
0830 (approx.) Goods trade balance (R) for Feb: Prior -$86.72 bln
1500 Consumer credit for Feb: Expected $5.00 bln; Prior -$1.31 bln
COMPANIES REPORTING RESULTS
Carnival Corp : Expected Q1 loss of $1.54 per share
Lamb Weston Holdings Inc : Expected Q3 earnings of 51 cents per share
CORPORATE EVENTS (All timings in U.S. Eastern Time)
0830 MSC Industrial Direct Co Inc: Q2 earnings conference call
0830 Simply Good Foods Co: Q2 earnings conference call
0900 Schlumberger NV: Annual Shareholders Meeting
1000 Carnival Corp: Q1 earnings conference call
1000 Lamb Weston Holdings Inc: Q3 earnings conference call
1000 RPM International Inc: Q3 earnings conference call
1100 Lennar Corp : Annual Shareholders Meeting
1130 Schnitzer Steel Industries Inc: Q2 earnings conference call
1230 Advanced Micro Devices Inc: Shareholders Meeting
1230 Xilinx Inc: Shareholders Meeting
EXDIVIDENDS
Campbell Soup Co: Amount $0.37
Ingles Markets Inc: Amount $0.16
Oracle Corp: Amount $0.32
Trinseo SA: Amount $0.08
Wabash National Corp: Amount $0.08
Liveblog feed
Marktcijfers
| Actueel | Verwacht | Vorige | |||
|---|---|---|---|---|---|
| USA: Ruwe Olievoorraden | Actueel: -5,889M Verwacht: -2,889M Vorige: -3,522M |
Markt snapshot Wall Street 14 april
TOP NEWS
• JPMorgan profit surges on trading, investment banking boost
JPMorgan Chase reported a surge in first-quarter earnings, as the largest U.S. bank released more reserves and was aided by a blowout quarter from its trading desks and soaring investment banking fees.
• Coinbase listing marks latest step in crypto's march to the mainstream
Coinbase, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.
• Biden to address U.S. Congress as lawmakers consider infrastructure plan
U.S. President Joe Biden will speak to a joint session of the U.S. Congress on April 28, accepting an invitation from House of Representatives Speaker Nancy Pelosi, a fellow Democrat.
• EU Commission to end AstraZeneca and J&J vaccine contracts at expiry - paper
The EU Commission has decided not to renew COVID-19 vaccine contracts next year with AstraZeneca and Johnson & Johnson, Italian daily La Stampa reported, citing a source from the Italian health ministry.
• Tesla data collected in China is kept in China, exec says
Data collected from Tesla's electric cars in China is stored in China, the U.S. automaker's vice president said, after reports that China's military has banned Teslas from its facilities.
BEFORE THE BELL
Futures tracking the S&P 500 and the Nasdaq were slightly higher as top banks start the U.S. earnings season with investors expecting strong results on hopes of a swift vaccine-led economic recovery. European shares gained, buoyed by SAP and LVMH following their upbeat quarterly updates. Japan’s Nikkei fell as surging COVID-19 cases hit sentiment. The dollar index was down after strong demand at a U.S. bond auction fueled a widespread drop in Treasury yields. Oil prices rose on revised crude demand forecasts. Gold was in the negative territory.
STOCKS TO WATCH
Results
• JPMorgan Chase & Co: The largest U.S. bank reported a surge in first-quarter earnings, as it released more reserves and was aided by a blowout quarter from its trading desks and soaring investment banking fees. Net income rose to $14.3 billion, or $4.50 per share, in the quarter ended March 31, from $2.9 billion, or 78 cents per share, a year earlier. During the quarter, JPMorgan released reserves of $5.2 billion. Analysts on average had expected earnings of $3.10 per share, according to Refinitiv. Revenue jumped 14% to $33.1 billion.
Moves
• Novavax Inc: The company said on Tuesday Greg Covino is stepping down as the chief financial officer due to personal reasons and would become an executive adviser to the U.S. vaccine developer. Chief Business Officer John Trizzino will serve as the finance chief in the interim, with a search underway for Covino's replacement.
• Stitch Fix Inc: The company said on Tuesday founder Katrina Lake would hand over the reins to the online apparel firm to President Elizabeth Spaulding, who is set to replace her as chief on Aug. 1. The personalized clothing provider said Lake would transition to the role of executive chairperson of the board.
In Other News
• Aon PLC & Willis Towers Watson PLC: European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon's $30 billion bid for rival Willis Towers Watson, a European Commission filing showed. Aon offered last Friday to sell assets in five European nations to resolve EU competition concerns. The EU antitrust watchdog is now seeking feedback from rivals and customers before deciding whether to demand more concessions, clear or block the deal.
• AstraZeneca PLC: AstraZeneca said that China's health regulator expanded the use of Tagrisso, the British drugmaker's lung cancer treatment, in patients with a type of lung cancer when diagnosed at an early stage. Separately, Denmark will cease to administer AstraZeneca's COVID-19 vaccine entirely following its possible link to very rare cases of blood clots, several Danish media outlets reported, citing unnamed sources.
• Charles Schwab Corp: The company is suing one of its former customers after the retail brokerage allegedly sent more than $1.2 million to an account of the Louisiana woman and then could not get the money back. Schwab meant to send $82.56 to Kelyn Spadoni's Fidelity Brokerage Services account in February, but a computer glitch caused it to erroneously transfer more than $1.2 million, according to the lawsuit.
• Coinbase Global Inc: The biggest U.S. cryptocurrency exchange will list on the Nasdaq, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset. The listing is by far the biggest yet of a cryptocurrency company, with the San Francisco-based firm saying last month that private market transactions had valued the company at around $68 billion this year, versus $5.8 billion in September. Separately, Nasdaq on Tuesday set a reference price of $250 per share for Coinbase.
• Credit Suisse Group AG: The bank's shares fell further after it sold blocks of shares in a number of companies as it continued to unwind positions related to last month's meltdown of Archegos Capital, traders said. Multiple sources told Reuters that Credit Suisse had put large blocks of shares in media companies Discovery and iQIYI on the market after regular trading ended on Tuesday.
• Exxon Mobil Corp: The company's Guyana unit said on Tuesday it had reduced crude output at its offshore Liza-1 project to 30,000 barrels per day (bpd), down from 120,000 bpd, due to a mechanical problem with the offshore platform's gas compressor. Exxon said the problem with the compressor's discharge silencer prompted it to reduce output to maintain gas injection and power supply and minimize gas flaring. It said a team from Exxon, equipment manufacturer MAN Energy Solutions and vessel operator SBM were assessing repairs.
• Facebook Inc & Microsoft Corp: Amnesty International, Privacy International and 28 other civil and human rights groups urged EU lawmakers to take a strong stand on privacy rights in proposed rules governing Facebook's WhatsApp and Microsoft's Skype. The call by the group in a letter to the European Parliament, whose members are spread out across Europe, is in response to what they said are attempts by EU countries to weaken privacy rights.
• Ford Motor Co & General Motor Co: The top executives of more than three dozen Michigan-based companies, including General Motors and Ford, on Tuesday issued a joint statement opposing Republican-backed legislation to restrict voting. "Government must avoid actions that reduce participation in elections - particularly among historically disenfranchised communities," the statement, which bore the names of 37 top executives, read in part.
• Johnson & Johnson: The EU Commission has decided not to renew COVID-19 vaccine contracts next year with AstraZeneca and Johnson & Johnson, Italian daily La Stampa reported, citing a source from the Italian health ministry. Additionally, South Africa's drugs regulator SAHPRA said that it had recently reviewed data from J&J's research study immunising healthcare workers and found no major safety concerns.
• Moderna Inc & Novavax Inc: A UK study into using different COVID-19 vaccines in two-dose inoculations is being expanded to include shots made by Moderna and Novavax, researchers said. The trial, known as the Com-Cov study, was first launched in February to look at whether giving a first dose of one type of COVID-19 shot, and a second dose of another, elicits an immune response that is as good as using two doses of the same vaccine. Separately, Moderna said on Tuesday that its COVID-19 vaccine still showed strong protection against the illness six months after people received their second shot, with efficacy of more than 90 percent against all cases of COVID-19 and more than 95 percent against severe COVID-19.
• Pfizer Inc: The company can deliver 10% more doses of its COVID-19 vaccine to the United States by the end of May and meet its target of supplying 300 million doses two weeks earlier than expected, Chief Executive Officer Albert Bourla said in a tweet on Tuesday. Separately, the company said it had conducted an assessment of the vaccines' safety data and had found no evidence of blood clots.
• Procter & Gamble Co: The company raised its quarterly dividend by 10% on Tuesday to $0.8698 per share, payable after May 17.
• Ryanair PLC: Ryanair had another setback in its fight against state aid for rival airlines after Europe's second-highest court again backed EU competition regulators' approval of support for SAS and Finnair. Separately, Ryanair is set to take delivery of its first Boeing 737 MAX airliner following two years of delay caused by the grounding of the jet in the wake of two fatal crashes.
• Square Inc: The company will begin providing loans to small businesses in Australia, the payments firm said, where it will compete with the country's big banks in lending to small and medium enterprises in a tight market. Square Loans would use transaction data to allot quick loans as early as the next day, with one upfront fee repaid automatically based on a percentage of daily sales, the company said.
FOCUS
How the pandemic helped Walmart battle Amazon Marketplace for sellers
Between 2009 and 2014, Walmart’s Marketplace business, where outside merchants hawk everything from baby blankets to power tools, counted no more than six sellers, and was described by one expert as “in limbo.” But what was treated as an afterthought for years has emerged as an important leg in the world’s biggest retailer’s long-term strategy to take on Amazon, which it is battling for advertising and e-commerce dollars.
ANALYSTS' RECOMMENDATION
• Anthem Inc: Cowen and Company raises price target to $395 from $360 by expecting a modest upside to first-quarter EPS from lower utilization and lower than expected COVID-19-related costs.
• Denbury Inc: KeyBanc starts coverage with overweight rating; price target $60 due to very high oil leverage and carbon sequestration upside.
• Hilton Worldwide Holdings Inc: Jefferies raises price target to $145 from $140 by expecting a resurgence of leisure demand in the second half of 2021 and through 2022.
• Southwest Airlines Co: JPMorgan raises rating to neutral from underweight, saying the company possesses the industry’s deepest track record of profitability, the highest quality balance sheet and a fiercely loyal customer base.
ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0830 (approx.) Import prices mm for Mar: Expected 1.0%; Prior 1.3%
0830 (approx.) Export prices mm for Mar: Expected 1.0%; Prior 1.6%
0830 (approx.) Import prices yy for Mar: Prior 3.0%
1200 Refinitiv IPSOS PCSI for Apr: Prior 54.47
COMPANIES REPORTING RESULTS
Goldman Sachs Group Inc: Expected Q1 earnings of $10.22 per share
Wells Fargo & Co: Expected Q1 earnings of 70 cents per share
CORPORATE EVENTS (All timings in U.S. Eastern Time)
0800 Bed Bath & Beyond Inc: Q4 earnings conference call
0830 JPMorgan Chase & Co: Q1 earnings conference call
0830 Lovesac Co: Q4 earnings conference call
0900 Kaman Corp: Annual Shareholders Meeting
0930 Goldman Sachs Group Inc: Q1 earnings conference call
1000 First Republic Bank: Q1 earnings conference call
1000 Wells Fargo & Co: Q1 earnings conference call
1100 Hewlett Packard Enterprise Co: Annual Shareholders Meeting
2100 GreenTree Hospitality Group Ltd: Q4 earnings conference call
EX-DIVIDENDS
Abbott Laboratories: Amount $0.45
Abbvie Inc: Amount $1.30
Activision Blizzard Inc: Amount $0.47
Alamo Group Inc: Amount $0.14
American Financial Group Inc: Amount $0.50
Arcosa Inc: Amount $0.05
BankUnited Inc: Amount $0.23
Buckle Inc: Amount $0.33
Compass Diversified Holdings: Amount $0.36
Freeport-McMoRan Inc: Amount $0.07
Johnson Outdoors Inc: Amount $0.21
McGrath RentCorp: Amount $0.43
Mid-America Apartment Communities Inc: Amount $1.02
RPM International Inc: Amount $0.38
Saul Centers Inc: Amount $0.53
Trinity Industries Inc: Amount $0.21
Watsco Inc: Amount $1.95
Nasdaq nu op recordrace, AEX vlak en DAX met gelijke toppen
Goedemorgen
De markt blijft met een vertekend beeld zitten deze week, men is onzeker over het vervolg, de kwartaalcijfers komen eraan, FED voorzitten Powell gaf aan om de economie te blijven steunen en enkele indices zetten een nieuw record neer. Vooral de Nasdaq 100 en de SP 500 doen dat door de BIG-Tech aandelen waaronder Apple, Amazon, Tesla, Alphabet en Microsoft. De rest van deze week maar eens bekijken of er nog meer inzit of komt er een correctie op gang. Let ook op de rente en vooral de dollar die inleveren na een sterke fase.
De markt momenteel:
Wat betreft Wall Street een nieuw record bij de S&P 500 die op 4141 punten sluit, ook de Nasdaq en de Nasdaq 100 bereiken beiden bijna de 14.000 punten. Voor de Nasdaq net geen nieuw record maar de Nasdaq 100 zet wel een record neer op 13.986 punten. De gemiddelde PE waarde van de S&P 500 loopt ook verder op, nu al tot 42,17 met dat nieuwe record van gisteren.
Opvallend is dat de Dow Jones, de Dow Transport index en de SOX index in het rood eindigen. Vooral de SOX valt hierbij op omdat de bedrijven uit de semi conductor groep niet meegaan omhoog met de grote 5 ofwel de FAANG aandelen. Er zat gisteren dus behoorlijk wat divergentie in de markt en dat zorgt voor twijfels voor het verdere verloop. Ook al kunnen we maar moeilijk inschatten welke kant het op zal gaan moeten we toch voorzichtig proberen te handelen met kleine posities op enkele indices hetgeen ik ook doe voor de leden.
Europa deed niet zoveel gisteren, de AEX blijft wat hangen maar omdat de chip sector niet in staat lijkt om de andere tech te volgen krijgt ASML het moeilijk en dat drukt op de AEX index momenteel. De DAX zit dan weer met die toppen die blijven staan, de index geraakt niet echt verder. Ook de euro die aantrekt zorgt voor een remmende werking op de AEX en de DAX. Vanmorgen zien we dan ook niet zoveel via de futures, zowel Europa als Wall Street blijven rond de slotstand van gisteren hangen.
Resultaat dit jaar 2021 verloopt naar wens:
De eerste 3 maanden dit jaar werden positief afgerond en met december erbij komen we nu uit op 4 maanden na elkaar dat er winst werd behaald via de signalen. Dat moest voorzichtig gebeuren want ik hou in het achterhoofd rekening met het scenario wat ik net aangaf, over een aanstaande grote correctie over de gehele markt. Niettemin blijf ik rustig verder opbouwen wat betreft de posities.
Deze manier van werken wil ik hoe dan ook proberen aan te houden, het handelen onder de huidige omstandigheden krijg ik steeds beter onder controle en ik probeer met kleine posities zo als goed mogelijk te werken voor de leden. Onderaan deze update ziet u nog een overzicht met hoe de maand maart werd afgerond en hoe we er dit jaar voor staan wat betreft het resultaat via de signalen die we naar onze leden versturen.
Verder ziet u nog de aanbieding tot 1 Juni om mee te doen met onze signalen. Denk eraan dat als ik het momentum kan pakken voor als het moment daar is van wat ik aangaf we een hele grote vis kunnen vangen. Tussendoor blijf ik kalm en rustig met kleine posities werken !!
LET OP !! De komende dagen kunt u zich eenmalig tegen een zeer leuke aanbieding inschrijven voor een van onze abonnementen tot 1 JUNI voor €25 ... Bij Polleke Trading is dat dan €35 tot 1 JUNI en voor COMBI TRADING nu €50 ... Via de site en dan de Tradershop kunt u als lid de lopende posities met alle details altijd inzien via https://www.usmarkets.nl/tradershop
Technische conditie Wall Street:
Wat betreft Wall Street een nieuw record bij de S&P 500 op 4141 punten, de Nasdaq en de Nasdaq 100 bereiken beiden bijna de 14.000 punten. Voor de Nasdaq net geen nieuw record maar de Nasdaq 100 zet wel een record neer op 13,986 punten. De Dow Jones wat omlaag maar de index blijft dicht bij de top hangen zodat de trend nog steeds omhoog gericht blijft.
Minder goed ziet het er nu uit voor de SOX index en de Dow Transport die al enkele dagen wat zwakker ogen, wel is het zo dat ook deze indices bij 1 sterke dag alles weer recht kunnen trekken maar het moet wel nog gebeuren. Alles op Wall Street blijft dus nog op record jacht al komt de echte top natuurlijk elke dag iets dichterbij. Blijf dus alert in deze fase, de bomen groeien echt niet tot in de hemel. Zie de beide Nasdaq indices, amper 2 weken geleden wilde niemand er nog iets van weten, nu zien we plots weer records en zijn ze HOT nieuws en dan duikt iedereen er weer op. De markt blijft dus zwaar overgewaardeerd maar we weten niet hoe lang men het nog vol kan houden.
Technische conditie AEX en DAX:
AEX index:
Bij de AEX blijft wat hangen boven de oude top en krijgt moeite om echt richting te kiezen. Weerstand voor de AEX index nu eerst de 710-712 met daarna de 715 en de 718 punten. Verder mocht de bull markt het op de heupen krijgen doelen rond de 725 en de 735 punten al dat ligt nu een behoorlijk stuk verder weg na de recente terugval.
Steun blijft de oude top rond de 702-703 punten maar een beter beeld krijg ik rond de laatste top van de index die we rond de 688-690 punten zien uitkomen. We blijven vooral kijken naar de ontwikkelingen op Wall Street waar de eerste kwartaalcijfers binnen beginnen te stromen, nu maar eens zien hoe de markten daarop zullen reageren de komende dagen. Toch maar eerst deze steunpunten als richtpunt aanhouden dus.
DAX index:
De DAX doet het op zich nog altijd goed maar we zien wel een reeks toppen die rond hetzelfde niveau uitkomen. Man zegt wel eens "Flat Top Predict Market Drop" maar dat zien we nog wel. Het lijkt er in ieder geval wel op dat de DAX niet meer de kracht kan ontwikkelen om nog nieuwe records neer te zetten. Bij een uitbraak kan het wel nog 150-200 punten hoger als die er komt en Wall Street trekt verder door omhoog.
De volgende richtpunten omhoog blijven eerst de 15.300, de 15.450 en de 15.500 punten bij een doorbraak van de weerstand. Vrijwel alle indices, dus ook de DAX, zijn hoe dan ook rijp voor een grotere correctie alleen is het wachten op het moment dat die op gang komt. Steun zien we nu rond de 15.150-15.200 punten, later het 20-MA rond de 14.850 punten uitkomt, later de 14.500 punten (recente bodems) en de 14.400 punten waar we het 50-MA nu zien uitkomen als steun.
Er is zoals u merkt meer dan genoeg ruimte omlaag voor wat betreft de DAX voor dat de index echt in de problemen komt.
Euro, olie en goud:
De euro zien we nu rond de 1.196 dollar, de prijs van een vat Brent olie komt uit op 64,4 dollar terwijl een troy ounce goud nu op 1744 dollar staat.
De LIVEBLOG en Twitter:
Via de LIVEBLOG en tussendoor ook via mijn Twitter account laat ik gedurende de dag ook wat grafiekjes met korte uitleg voorbij komen over de markt. Op Twitter kunt u mij volgen via @USMarkets dan kunt u deze snelle informatie die ik deel uiteraard ook inzien .... https://twitter.com/USMarkets , ook opvallende beursfeiten komen er vaak langs !
Inter Market overzicht op slotbasis ...
LET OP !! De komende dagen kunt u zich eenmalig tegen een zeer leuke aanbieding inschrijven voor een van onze abonnementen tot 1 JUNI voor €25 ... Bij Polleke Trading is dat dan €35 tot 1 JUNI en voor COMBI TRADING nu €50 ... Via de site en dan de Tradershop kunt u als lid de lopende posities met alle details altijd inzien via https://www.usmarkets.nl/tradershop
Met vriendelijke groet,
Guy Boscart
Markt snapshot Europa 14 april
GLOBAL TOP NEWS
Toshiba CEO Nobuaki Kurumatani resigned amid controversy over a $20 billion buyout bid from CVC Capitaland the conglomerate's shares surged on reports that more suitors were planning offers.
U.S. federal health agencies on Tuesday recommended pausing use of Johnson & Johnson's COVID-19 vaccine for at least a few days after six women under age 50 developed rare blood clots after receiving the shot, dealing a fresh setback to efforts to tackle the pandemic.
U.S. consumer prices rose by the most in more than 8-1/2 years in March as increased vaccinations and massive fiscal stimulus unleashed pent-up demand, kicking off what most economists expect will be a brief period of higher inflation.
EUROPEAN COMPANY NEWS
Credit Suisse has identified $2.3 billion worth of loans exposed to financial and litigation uncertainties in its Greensill-linked supply chain finance funds, it told investors on Tuesday.
Volkswagen must fully compensate customers who took out loans to buy diesel cars that were discovered to be fitted with devices to cheat emissions tests, a German court has ruled.
Italy aims to spend almost 7 billion euros in European recovery funds on ultra-fast networks, up 60% from a previous goal, as ministers lay out alternatives to a long-delayed single national broadband plan, sources told Reuters.
TODAY'S COMPANY ANNOUNCEMENTS
AFC Energy PLC Annual Shareholders Meeting
Airbus SE Annual Shareholders Meeting
Aker Solutions ASA Annual Shareholders Meeting
Borregaard ASA Annual Shareholders Meeting
Caisse Reg Credit Agric Mut Nord France Annual Shareholders Meeting
EDP Energias de Portugal SA Annual Shareholders Meeting
Geberit AG Annual Shareholders Meeting
Groupe Partouche SA Annual Shareholders Meeting
Heijmans NV Annual Shareholders Meeting
HELLA GmbH & Co KGaA Q3 2021 Earnings Call
Jersey Oil and Gas PLC Shareholders Meeting
Julius Baer Gruppe AG Annual Shareholders Meeting
Komax Holding AG Annual Shareholders Meeting
Koninklijke Ahold Delhaize NV Annual Shareholders Meeting
Koninklijke KPN NV Annual Shareholders Meeting
Lenzing AG Annual Shareholders Meeting
Les Docks des Petroles d Ambes SA Shareholders Meeting
Matica Fintec SpA Annual Shareholders Meeting
Mediaset Espana Comunicacion SA Annual Shareholders Meeting
Nicox SA Annual Shareholders Meeting
Pharol SGPS SA Annual Shareholders Meeting
Piaggio & C SpA Annual Shareholders Meeting
Quixant PLC FY 2020 Earnings Call
Real Estate Investors PLC FY 2020 Earnings Release
Scandinavian Tobacco Group A/S Annual Shareholders Meeting
Seagate Technology PLC Shareholders Meeting
Smith & Nephew PLC Annual Shareholders Meeting
Subsea 7 SA Annual Shareholders Meeting
Sulzer AG Annual Shareholders Meeting
Tesco PLC FY 2021 Earnings Call
TomTom NV Q1 2021 Earnings Call
Torm PLC Annual Shareholders Meeting
ECONOMIC EVENTS (All times GMT)
0700 Spain CPI mm Final NSA for Mar: Expected 1.0%; Prior 1.0%
0700 Spain CPI yy Final NSA for Mar: Expected 1.3%; Prior 1.3%
0700 Spain HICP Final mm for Mar: Expected 1.9%; Prior 1.9%
0700 Spain HICP Final yy for Mar: Expected 1.2%; Prior 1.2%
0730 (approx.) Sweden CPI mm for Mar: Expected 0.1%; Prior 0.3%
0730 (approx.) Sweden CPI yy for Mar: Expected 1.7%; Prior 1.4%
0730 (approx.) Sweden CPIF mm for Mar: Expected 0.1%; Prior 0.3%
0730 (approx.) Sweden CPIF yy for Mar: Expected 1.8%; Prior 1.5%
0900 Euro Zone Industrial Production mm for Feb: Expected -1.1%; Prior 0.8%
0900 Euro Zone Industrial Production yy for Feb: Expected -0.9%; Prior 0.1%