Liveblog Archief dinsdag 27 april 2021

TOP NEWS
• General Electric profit hit by slump in aviation business
General Electric reported a 20% fall in quarterly profit, hit by a slump in demand for aircraft engines as airlines struggle to recover from a pandemic-led collapse in travel.

• Eli Lilly misses profit estimates on lower COVID-19 drug demand
Drugmaker Eli Lilly missed analysts' estimates for first-quarter profit and cut its forecast for full-year adjusted profit due to lower demand for its COVID-19 drugs.

• 3M beat sales estimates on pandemic-driven demand for personal safety products
3M beat Wall Street estimates for quarterly revenue, as people bought more personal safety products to stave off potential coronavirus infection.

• Tesla edges past Wall Street target as bitcoin sales, environmental credits boost revenue
Electric carmaker Tesla marginally beat Wall Street expectations for first-quarter revenue on Monday boosted by a jump in environmental credit sales to other automakers and liquidating some bitcoins.

• U.S. auto industry to press Congress again on chips shortage
Major automakers and suppliers will press Congress again on Tuesday to address the global shortage of semiconductor chips that has curtailed auto production around the world.


BEFORE THE BELL
Wall Street futures were little changed ahead of Federal Reserve's policy meeting and a raft of earnings from top companies including Alphabet, Microsoft and Starbucks later in the day. European shares were in the red as UBS became the latest bank to disclose a hit from dealing with Archegos. Asian equities ended on a mixed note with Nikkei closing lower after disappointing quarterly updates. Oil rose ahead of the OPEC+ meeting to discuss output policy. The dollar index and gold prices were slightly higher.


STOCKS TO WATCH

Results
• ABB Ltd: The company said it is considering a stock market listing for its electric vehicle charging business, as profit at the Swiss engineering group jumped by a third to return to pre-pandemic levels in the first quarter. ABB reported a 34% rise in net profit to $502 million in the first quarter of 2021 from the year earlier period as customers rebuilt inventories, close to the $535 million posted for the first quarter of 2019.

• BP PLC: The company's profit more than tripled to $2.6 billion in the first quarter thanks to stronger oil prices and bumper revenue from natural gas trading, paving the way for the energy company to start buying back its shares. First-quarter underlying replacement cost profit, the company's definition of net income, rose to $2.6 billion, far exceeding forecasts of $1.64 billion in a company-provided survey of analysts. That was also up from a $110 million profit in the fourth quarter of 2020 and close to a pre-pandemic profit of $2.4 billion in the first quarter of 2019.

• General Electric Co: The industrial conglomerate reported a 20% fall in quarterly profit, hit by a slump in demand for aircraft engines as airlines struggle to recover from a pandemic-led collapse in travel. On an adjusted basis, GE's industrial profit fell to $828 million in the first-quarter ended March 31, from $1.03 billion a year earlier. Excluding items, GE earned 3 cents per share in the quarter, compared with 2 cents per share a year earlier. Revenue fell 12% to $17.12 billion.

• HSBC Holdings PLC: The Europe's biggest bank by assets beat quarterly profit forecasts and released $400 million it had set aside to cover bad loans caused by the pandemic, as rapid vaccine rollouts in the United States and Britain raise hopes for an economic recovery. The bank cautioned, however, that high levels of uncertainty meant it was keeping the bulk of the $3 billion it set aside a year ago to cover potential bad debts. HSBC reported profit before tax of $5.78 billion for the three months to March 30, up from $3.21 billion a year ago and well above analysts' average forecast of $3.35 billion as compiled by the bank.

• Nomura Holdings Inc & UBG Group AG: UBS reported an unexpected $774 million loss from the collapse of U.S. investment fund Archegos, taking the total hit to global banks from the stricken family office beyond $10 billion. The charge taken by Switzerland's biggest bank comes as the fallout from Archegos continues to ripple across the banking industry, with Nomura posting its biggest quarterly loss in over a decade as a result of its dealings with the stricken fund. The Japanese bank said it will book losses of around $2.9 billion this year on Archegos.

• Novartis AG: Mask wearing during the pandemic kept the flu largely at bay this year, dampening Novartis's generic cough medicines business and helping drag the Swiss drugmaker's first-quarter profit below analyst expectations. First-quarter core net income slipped 4% from a year earlier to $3.4 billion, compared to the $3.5 billion average analyst estimate in a Refinitiv poll. Sales were 1% higher at $12.4 billion, compared to the $12.5 billion forecast. Net income fell 5% to $2.06 billion.

• Tesla Inc: The electric carmaker marginally beat Wall Street expectations for first-quarter revenue on Monday boosted by a jump in environmental credit sales to other automakers and liquidating some bitcoins. Tesla, which had invested $1.5 billion in bitcoin, trimmed its position by 10% during the quarter, said Chief Financial Officer Zachary Kirkhorn. Tesla said proceeds from sales of digital assets amounted to $272 million with a $101 million "positive impact". Tesla earned $518 million from sales of environmental credits, up 46% from a year earlier. Tesla earns credits for exceeding emissions and fuel economy standards and sells them to other automakers that fall short. Revenue rose to $10.39 billion from $5.99 billion a year earlier. Analysts had expected revenue of $10.29 billion.

• United Parcel Service Inc: The company topped Wall Street estimates for quarterly revenue, as the world's biggest parcel delivery company benefited from a surge in online purchases during the COVID-19 pandemic. UPS, which is also delivering COVID-19 vaccines, said revenue in its U.S. domestic unit rose 22.3%, led by growth from small- and medium-sized businesses.
Excluding items, the company earned $2.77 per share. Total revenue rose 27% to $22.9 billion, beating estimates of $20.49 billion, according to Refinitiv data.

• Vale SA: The iron ore miner beat first quarter profit estimates on Monday, with the Brazilian company boosted by a record performance in its ferrous minerals division. In a securities filing, Vale reported net income of $5.55 billion, well above the Refinitiv consensus estimate of $5.06 billion. Earnings before interest, taxes, depreciation and amortization, or EBITDA, came in at $8.35 billion. That was a slight miss compared to the Refinitiv estimate of $8.4 billion but the company said its pro forma EBITDA figure - scrubbed of some non-recurring items - came to $8.47 billion.

Deals Of The Day
• Lyft Inc & Toyota Motor Corp: Toyota will acquire Lyft's self-driving technology unit for $550 million, the companies said, as the Japanese firm steps up its automation ambitions with the newly created Woven Planet division. "This is the first step of establishing and bringing together the people. Obviously building technology and product requires people, and that's much what this acquisition is about," Woven Planet chief executive James Kuffner told reporters. It will also give Toyota a direct presence in Silicon Valley and London and expand smart-city project "Woven City" at the base of Japan's Mt. Fuji, effectively helping it ride through dramatic changes expected in the mobility industry and major centres, he said.

In Other News:
• Amazon.com Inc: The labor group that did not secure enough votes from Amazon warehouse workers in Alabama to form a union said on Monday the hearing on its objections to the election is set to start on May 7, citing a government filing. The U.S. National Labor Relations Board did not immediately respond to a request for comment.

• AstraZeneca PLC & Pfizer Inc: U.S. Trade Representative Katherine Tai on Monday met virtually with top executives of drugmakers Pfizer and AstraZeneca to discuss a proposed waiver of certain intellectual property rights in response to the COVID-19 pandemic. Members of the World Trade Organization are due to discuss a proposal by India and South Africa to waive certain provisions of the WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) on April 30, but the United States and a few other big countries have blocked such a move.

• DoorDash Inc: The largest U.S. third-party food delivery company said it lowered some fees for restaurants to use its platform after many have struggled to stay in business during the recession. The company will allow restaurants to choose three tiers of service - including its lowest "basic" plan that costs a commission of 15%. Under DoorDash's new pricing system, eateries can still choose to pay high delivery commissions to DoorDash in exchange for more marketing, a wider delivery radius and better placement in the app, Chief Operating Officer Christopher Payne said in a call with reporters on Monday.

• Exxon Mobil Corp: The California Public Employees' Retirement System (CalPERS) said on Monday it plans to vote for Engine No. 1's four director nominees to Exxon Mobil's board, throwing additional support to the activist hedge fund in its proxy fight with the company. "CalPERS is supporting additional board refreshment due to the long-term financial underperformance at ExxonMobil and the need for a greater depth of skill sets and experience on the board to address the significant challenges the company faces," the pension fund said on Monday. Separately, the company is looking for temporary workers for its Beaumont, Texas, refinery beginning in May when it has threatened to lock out 650 workers at the plant, sources familiar with the search said on Monday.

• Facebook Inc: Gucci and Facebook have filed a joint lawsuit in California against an individual who allegedly used the U.S. group's social media platforms to sell fake Gucci products, the two companies said. In a statement, Gucci - the profit engine of French group Kering - and Facebook alleged the unidentified defendant used multiple Facebook and Instagram accounts to promote her international online counterfeit business.

• Fiserv Inc: The payments company has reached a deal with Brazilian state-controlled lender Caixa Economica Federal to offer its card services to the bank's clients, according to a securities filing on Monday. The deal estimates a total payment volume processed of 457 billion reais throughout the next 20 years. The value of the deal has not been disclosed.

• GameStop Corp: The company has raised $551 million through an equity offering as the videogame retailer accelerates its shift to e-commerce. The company, which was at the center of a Reddit-fueled trading frenzy earlier this year, said in a statement it had sold 3.5 million shares in the at-the-market offering. Based on Reuters calculation, the average price of the shares sold was $157.43.

• Gilead Sciences Inc: Gilead said on Monday it will give India at least 450,000 vials of its antiviral drug remdesivir and help boost production, as the world's second-most populous country reels from surging coronavirus cases. Seven Indian companies have licensed the drug from Gilead, with an installed capacity of about 3.9 million units per month. Gilead said on Monday all of them were scaling up their batch sizes and adding new manufacturing facilities and local contract manufacturers.

• Goldman Sachs Group Inc: The company's long-planned online migration of some lucrative prime-brokerage businesses picked up steam during the pandemic as hedge funds and investors working from home were unable to meet in person, while other Wall Street banks are taking more measured steps. Last July, Goldman Sachs launched Marquee Connect, offering online virtual introduction services for top clients. Other prime brokers told Reuters they were also moving to bring some prime broker services online, but one cautioned that clients may be getting "Zoom fatigue" with hopes to resume meeting in person once more people are vaccinated. Hedge fund managers and investors on Goldman's Marquee Connect, for example, create profiles that allocators can use to search for the funds that fit their targets. Over the past nine months, the application has signed up over 900 hedge funds, more than 600 investor firms and made 4,500-plus connections, executives in Goldman's prime brokerage team told Reuters.

• Johnson & Johnson: Roughly 57% of investor votes cast backed healthcare company J&J's executive pay for 2020, a low level of support for a proposal most shareholders usually rubberstamp. The low support, not including abstentions, for the non-binding proposal comes after the Office of the Illinois State Treasurer urged other shareholders to vote "No" on the company's pay practices, namely because J&J sets aside certain litigation costs when calculating executive compensation, including from the U.S. opioid epidemic. Separately, Venezuela is interested in acquiring the J&J coronavirus vaccine for its inoculation campaign, parliament chief Jorge Rodriguez said on Monday, adding that authorities want to know more about its side effects.

• MicroVision Inc: Shares of the laser-developer jumped 47% on Monday and other Reddit favorites rallied, suggesting that interest in so-called meme stocks remains strong after a wild ride this year. MicroVision, which develops laser scanning technology for automotive lidar sensors and augmented reality, was the most mentioned stock on Reddit's popular WallStreetBets forum on Monday, according to sentiment tracker SwaggyStocks.


ANALYSIS
Cashing blank checks: why the bold favor SPACs
Confident financial projections are common in SPAC deals and have been a decisive factor in attracting firms regarded as more risky, often loss-making and years away from even having any sales, over IPOs as a route to going public, industry insiders said and a Reuters review of data compiled by Jay Ritter, a professor at the University of Florida, confirms.


ANALYSTS' RECOMMENDATION
• Fifth Third Bancorp: Evercore ISI raises target price to $41 from $33, saying fundamentals are poised to strengthen in the back half as loan growth likely firms, positive operating leverage begins to materialize and as buybacks ultimately ramp.

• Lennox International Inc: Jefferies raises target price to $330 from $300 after the company’s first-quarter results beat expectations.

• Lyft Inc: Needham initiates coverage with hold rating, following a survey that suggests consensus estimates for riders and revenue growing faster than 2019’s pace is achievable beginning in 2022.

• New York Community Bancorp Inc: Wedbush raises target price to $15 from $13 after the company announced the deal to acquire Flagstar Bancorp.

• SBA Communications Corp: Credit Suisse raises target price to $312 from $277 after the company reported better than expected first-quarter results.


ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0900 (approx.) Monthly home price mm for Feb: Prior 1.0%
0900 (approx.) Monthly home price yy for Feb: Prior 12.0%
0900 (approx.) Monthly Home Price Index for Feb: Prior 316.7
0900 Caseshiller 20 mm SA for Feb: Expected 1.1%; Prior 1.2%
0900 Caseshiller 20 mm NSA for Feb: Prior 0.9%
0900 Caseshiller 20 yy for Feb: Expected 11.7%; Prior 11.1%
1000 (approx.) Consumer Confidence for Apr: Expected 113.0; Prior 109.7
1000 (approx.) Rich Fed Composite Index for Apr: Prior 17
1000 (approx.) Rich Fed Services Index for Apr: Prior 16
1000 (approx.) Rich Fed Manufacturing Shipments for Apr: Prior 22
1030 (approx.) Texas Service Sector Outlook for Apr: Prior 28.9
1030 (approx.) Dallas Fed Services Revenues for Apr: Prior 21.6


COMPANIES REPORTING RESULTS
Advanced Micro Devices Inc: Expected Q1 earnings of 44 cents per share
Alphabet Inc: Expected Q1 earnings of $15.82 per share
Amgen Inc: Expected Q1 earnings of $4.05 per share
Boston Properties Inc: Expected Q1 earnings of 57 cents per share
Capital One Financial Corp: Expected Q1 earnings of $4.17 per share
CH Robinson Worldwide Inc: Expected Q1 earnings of 98 cents per share
Chubb Ltd: Expected Q1 earnings of $2.49 per share
Corning Inc: Expected Q1 earnings of 43 cents per share
DTE Energy Co: Expected Q1 earnings of $2.17 per share
Ecolab Inc: Expected Q1 earnings of 81 cents per share
Edison International: Expected Q1 earnings of 77 cents per share
Enphase Energy Inc: Expected Q1 earnings of 45 cents per share
Equity Residential: Expected Q1 earnings of 24 cents per share
F5 Networks Inc: Expected Q2 earnings of $2.40 per share
IDEX Corp: Expected Q1 earnings of $1.41 per share
Illumina Inc: Expected Q1 earnings of $1.38 per share
Invesco Ltd: Expected Q1 earnings of 62 cents per share
Juniper Networks Inc: Expected Q1 earnings of 25 cents per share
Maxim Integrated Products Inc: Expected Q3 earnings of 74 cents per share
Microsoft Corp: Expected Q3 earnings of $1.78 per share
Mondelez International Inc: Expected Q1 earnings of 69 cents per share
Nov Inc: Expected Q1 loss of 22 cents per share
ONEOK Inc: Expected Q1 earnings of 77 cents per share
Paccar Inc: Expected Q1 earnings of $1.27 per share
Principal Financial Group Inc: Expected Q1 earnings of $1.34 per share
Starbucks Corp: Expected Q2 earnings of 53 cents per share
Stryker Corp: Expected Q1 earnings of $1.99 per share
Teradyne Inc: Expected Q1 earnings of $1.05 per share
Texas Instruments Inc: Expected Q1 earnings of $1.58 per share
UDR Inc: Expected Q1 loss of 1 cent per share
Visa Inc: Expected Q2 earnings of $1.27 per share
Waste Management Inc: Expected Q1 earnings of $1.01 per share


CORPORATE EVENTS (All timings in U.S. Eastern Time)
0730 Roper Technologies Inc: Q1 earnings conference call
0800 Axalta Coating Systems Ltd: Q1 earnings conference call
0800 Brown & Brown Inc: Q1 earnings conference call
0800 Fiserv Inc: Q1 earnings conference call
0800 General Electric Co: Q1 earnings conference call
0800 OneMain Holdings Inc: Q1 earnings conference call
0800 PerkinElmer Inc: Annual Shareholders Meeting
0800 Sensata Technologies Holding PLC: Q1 earnings conference call
0800 United States Steel Corp: Annual Shareholders Meeting
0830 AGNC Investment Corp: Q1 earnings conference call
0830 Centene Corp: Q1 earnings conference call
0830 Corning Inc: Q1 earnings conference call
0830 Crocs Inc: Q1 earnings conference call
0830 Hasbro Inc: Q1 earnings conference call
0830 Marsh & McLennan Companies Inc: Q1 earnings conference call
0830 MKS Instruments Inc: Q1 earnings conference call
0830 Pultegroup Inc: Q1 earnings conference call
0830 Raytheon Technologies Corp: Q1 earnings conference call
0830 Synchrony Financial: Q1 earnings conference call
0830 United Parcel Service Inc: Q1 earnings conference call
0900 3M Co: Q1 earnings conference call
0900 Ameriprise Financial Inc: Q1 earnings conference call
0900 Archer-Daniels-Midland Co: Q1 earnings conference call
0900 Brixmor Property Group Inc: Annual Shareholders Meeting
0900 Citigroup Inc: Annual Shareholders Meeting
0900 DTE Energy Co: Q1 earnings conference call
0900 Eli Lilly and Co: Q1 earnings conference call
0900 Entegris Inc: Q1 earnings conference call
0900 First Citizens BancShares Inc (Delaware): Annual Shareholders Meeting
0900 HanesBrands Inc: Annual Shareholders Meeting
0900 Invesco Ltd: Q1 earnings conference call
0900 Medpace Holdings Inc: Q1 earnings conference call
0900 Packaging Corp of America: Q1 earnings conference call
0900 Universal Health Services Inc: Q1 earnings conference call
0930 Stifel Financial Corp: Q1 earnings conference call
0930 TransUnion: Q1 earnings conference call
1000 Ceridian HCM Holding Inc: Annual Shareholders Meeting
1000 Domino's Pizza Inc: Annual Shareholders Meeting
1000 Equity LifeStyle Properties Inc: Annual Shareholders Meeting
1000 Exelon Corp: Annual Shareholders Meeting
1000 Graphic Packaging Holding Co: Q1 earnings conference call
1000 Hubbell Inc: Q1 earnings conference call
1000 International Business Machines Corp: Annual Shareholders Meeting
1000 JetBlue Airways Corp: Q1 earnings conference call
1000 Kimco Realty Corp: Annual Shareholders Meeting
1000 Lincoln Electric Holdings Inc: Q1 earnings conference call
1000 Polaris Inc: Q1 earnings conference call
1000 Regal Beloit Corp: Annual Shareholders Meeting
1000 UMB Financial Corp: Annual Shareholders Meeting
1000 Waste Management Inc: Q1 earnings conference call
1000 Wells Fargo & Co: Annual Shareholders Meeting
1030 Charter Communications Inc: Annual Shareholders Meeting
1030 Comerica Inc: Annual Shareholders Meeting
1030 Saia Inc: Annual Shareholders Meeting
1100 Armstrong World Industries Inc: Q1 earnings conference call
1100 Centene Corp: Annual Shareholders Meeting
1100 First Horizon Corp (Tennessee): Annual Shareholders Meeting
1100 MSCI Inc: Q1 earnings conference call
1100 Paccar Inc: Q1 earnings conference call
1100 PNC Financial Services Group Inc: Annual Shareholders Meeting
1100 Sherwin-Williams Co: Q1 earnings conference call
1100 Sun Communities Inc: Q1 earnings conference call
1100 Truist Financial Corp: Annual Shareholders Meeting
1130 Cousins Properties Inc: Annual Shareholders Meeting
1130 First Financial Bankshares Inc: Annual Shareholders Meeting
1300 Ecolab Inc: Q1 earnings conference call
1300 ZoomInfo Technologies Inc: Annual Shareholders Meeting
1330 Paccar Inc: Annual Shareholders Meeting
1400 FMC Corp: Annual Shareholders Meeting
1400 Valmont Industries Inc: Annual Shareholders Meeting
1430 MSCI Inc: Annual Shareholders Meeting
1500 Alexandria Real Estate Equities Inc: Q1 earnings conference call
1500 Williams Companies Inc: Annual Shareholders Meeting
1630 Edison International: Q1 earnings conference call
1630 Enphase Energy Inc: Q1 earnings conference call
1630 F5 Networks Inc: Q2 earnings conference call
1630 Manhattan Associates Inc: Q1 earnings conference call
1630 NCR Corp: Q1 earnings conference call
1630 Stryker Corp: Q1 earnings conference call
1630 Tenable Holdings Inc: Q1 earnings conference call
1630 Texas Instruments Inc: Q1 earnings conference call
1700 Advanced Micro Devices Inc: Q1 earnings conference call
1700 Alphabet Inc: Q1 earnings conference call
1700 Amgen Inc: Q1 earnings conference call
1700 Boyd Gaming Corp: Q1 earnings conference call
1700 Capital One Financial Corp: Q1 earnings conference call
1700 CH Robinson Worldwide Inc: Q1 earnings conference call
1700 CoStar Group Inc: Q1 earnings conference call
1700 FireEye Inc: Q1 earnings conference call
1700 Illumina Inc: Q1 earnings conference call
1700 Juniper Networks Inc: Q1 earnings conference call
1700 Mondelez International Inc: Q1 earnings conference call
1700 Starbucks Corp: Q2 earnings conference call
1700 Visa Inc: Q2 earnings conference call
1730 Microsoft Corp: Q3 earnings conference call
1800 Pinterest Inc: Q1 earnings conference call
1900 Bio Rad Laboratories Inc: Annual Shareholders Meeting
2000 Yum China Holdings Inc: Q1 earnings conference call


EXDIVIDENDS
Aptargroup Inc: Amount $0.38
Bank of New York Mellon Corp: Amount $0.31
Entegris Inc: Amount $0.08

Goedemorgen,
Mooi weer zo te zien met Koningsdag, het zal wel buitenweer worden maar we kunnen pas vanaf morgen op een terrasje gaan zitten om een glaasje te drinken en we moeten nog steeds opletten. Als we naar de beurzen kijken speelt de divergentie weer een rol op Wall Street, in Europa werd het een kalme sessie met weinig verandering ten opzichte van afgelopen vrijdag ...

Gisteren dus opnieuw de bekende divergentie op Wall Street, in mijn ledenupdate van zondag had ik het er al over, je kunt er weinig mee omdat de keuze juist moet zijn. De Dow Jones en de Dow Transport moeten wat inleveren terwijl de Nasdaq, de SOX index en ook de S&P 500 hoger sluiten. In Europa bleef alles dicht bij het slot van eind vorige week, de AEX sluit een tikje lager, de DAX kon wat winst boeken. Vanmorgen zien we via de futures niet veel verandering, Wall Street iets hoger, Europa wil ook iets hoger van start zien we via de futures.

Gisteren nabeurs kwam het eerste grote bedrijf in marktwaarde met cijfers, Tesla deed het wat beter dan verwacht maar door dat de koers al torenhoog staat zien we dat beleggers er wat meer van hadden verwacht. Een belangrijke kanttekening is dat Tesla winst blijkt te maken op bitcoin-verkoop, maar zijn ‘Technoking’ en ‘Master of Coin’ Musk zegt dat het geen gewoonte zal worden. Tesla verloor nabeurs 2,5%.

Verder viel het op dat Amazon.com 2% hoger wist te geraken na dat geruchten de markt opkomen over de mogelijke splitsing van de aandelen tijdens de presentatie van hun cijfers donderdag. We weten dat een stocksplit een aandeel fors hoger kan zetten terwijl er fundamenteel niks aan het bedrijf anders wordt. Het blijft een vreemde gang van zaken allemaal maar het is de gekheid van de markt momenteel.

Cijfers en FED deze week:
We letten tussen vandaag en donderdag op het volgende, vandaag cijfers van Microsoft en Alphabet (Google), morgen komen Apple en Facebook met cijfers en donderdag als laatste komt Amazon. Morgen krijgen we ook de FED nog rond 20:00, veel zaken die in ieder geval wat wat me de markt kunnen doen bekeken over de gehele week.

Strategie nieuwe posities:
Om posities omhoog op te nemen moet je hier wel durf tonen maar het is niet zo dat ze geen kansen meer bieden. Aan de andere kant lijkt het mij nog meer logisch om strategisch short posities uit te kiezen met een ruime stoploss, daar zie ik eerlijk gezegd meer kansen in op de wat kortere termijn. Voor de leden zal ik wel weer een en ander uitzoeken de komende sessies, we zitten nu zonder posities en ik zoek dus een nieuwe instap. Alles op zijn tijd, u kunt uiteraard door lid te worden mee met de posities die ik per mail en SMS stuur naar de leden.

Technische conditie AEX en DAX:
De AEX ziet u via een chart hieronder, ik zie zowel bij de indicatoren als bij het koersverloop door het ontbreken van een nieuwe top verzwakking optreden. Wel blijft de weerstand nu eerst de 715 en meteen daarna de 718 punten, pas later mocht de index uitbreken kansen tot 725 of zelfs 735 punten. Of de index het nog in zich heeft om uit te breken betwijfel ik maar we moeten er altijd wel rekening mee houden.

Steun nu de 712, de 708, de 702-703 en later de 688-690 punten zone waar de meest recente top en zware weerstand wacht. De komende week maar eens heel goed kijken en vooral overwegen wat we met de AEX index kunnen doen. Let daarbij vooral op de zone 708-710 punten. Ik heb wel een mooi plan in gedachte de komende dagen.

De DAX komt weer terug naar de range 15.100-15.300 punten en zo blijkt maar weer eens dat de stevige uitbraak eind vorige week te voorbarig was. Een valse move ofwel een zogenaamde "BULL TRAP" zoals we dat ook noemen. De DAX zit dus weer in de slopende range 15.100-15.300 punten. Weerstand nu de 15.300 en de top die werd gezet rond de 15.500 punten. Steun nu die 15.150, de 15.000, de 14.850 en de 14.750 punten. Ik denk dat we moeten opletten met de DAX de komende week, er staat denk ik iets te gebeuren met deze index.

S&P 500 analyse:
Op Wall Street blijft alles dicht bij de toppen, de records en dat is ook zo bij de S&P 500 die u via de grafiek hieronder kunt zien. Testen van de top ofwel de recordstand dat gaat nog wel, voorzichtige nieuwe records zouden nog kunnen maar ik zie dat er wat kracht ontbreekt om definitief door te trekken richting niveaus die nog 5% of meer boven de recente top wachten. Net als bij de AEX en de DAX waar ik het net over had moeten we ook voor wat betreft Wall Street en dus deze S&P 500 index op onze goede zijn.

De indicatoren verzwakken, we zien moeite om verder door te stoten, de waarderingen blijven zeer hoog ende index staat behoorlijk ver boven de belangrijke MA's. Het 50-MA zien we rond de 3976 punten, het 200-MA rond de 3630 punten. De gemiddelde waardering komt vrijdag op slotbasis uit op 42.36 keer de winst. Er branden genoeg rode lichten nu, dus opletten. Ook op de beurs is het niet zo dat de bomen tot in de hemel groeien.

Resultaat dit jaar verloopt naar wens maar rustig:
Deze maand nog amper wat kunnen doen, we staan dan ook nagenoeg vlak tot nu toe voor de lopende maand april. De eerste 3 maanden dit jaar heb ik in ieder geval positief kunnen afsluiten en met december vorig jaar erbij komen we uit op 4 maanden na elkaar dat er winst werd behaald via de signalen. Het handelen moet nog altijd voorzichtig gebeuren want ik hou in het achterhoofd rekening met een aanstaande grote correctie over de gehele markt. Niettemin blijf ik rustig verder opbouwen wat betreft de posities. We moeten ook niet constant in de markt zitten in deze fase, er komt vrij snel wel een periode aan waar dat wel zal kunnen maar nog even wat geduld tot dat moment.

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.

LET OP !! Vanaf vandaag een nieuwe aanbieding die loopt vanaf nu tot 1 JULI voor €39 (Polleke Trading €49) ... Via de site en dan de Tradershop kunt zich inschrijven en daar kunt u als lid de lopende posities met alle details altijd inzien. Ga naar de Tradershop en schrijf u meteen in ... https://www.usmarkets.nl/tradershop

Euro, olie en goud:
De euro zien we nu rond de 1.207 dollar, de prijs van een vat Brent olie komt uit op 65,6 dollar terwijl een troy ounce goud nu op 1782 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 !

LET OP !! Vanaf vandaag een nieuwe aanbieding die loopt vanaf nu tot 1 JULI voor €39 (Polleke Trading €49)... Via de site en dan de Tradershop kunt zich inschrijven en daar kunt u als lid de lopende posities met alle details altijd inzien. Ga naar de Tradershop en schrijf u meteen in ... https://www.usmarkets.nl/tradershop

Met vriendelijke groet,
Guy Boscart

GLOBAL TOP NEWS
Japan's central bank maintained its massive stimulus and projected inflation missing its 2% target for years to come, as fresh curbs to combat a spike in COVID-19 cases overshadow the boost to growth from solid global demand.

Electric carmaker Tesla marginally beat Wall Street expectations for first-quarter revenue on Monday boosted by a jump in environmental credit sales to other automakers and liquidating some bitcoins.

Texas, Florida and North Carolina are among the states that will gain congressional seats based on new population data from the U.S. census, a shift that could boost Republican chances of recapturing the U.S. House of Representatives from Democrats in next year's midterm elections.


EUROPEAN COMPANY NEWS
HSBC Holdings reported a significantly better-than-expected 79% rise in first quarter profit, after the improved economic outlook allowed it to release cash it had set aside against bad loans because of the coronavirus pandemic.

French energy group Total declared force majeure on its $20 billion liquefied natural gas project in Mozambique and confirmed it had withdrawn all staff from the construction site following insurgent attacks last month.

ArcelorMittal, the world's top steelmaker, and Swedish utility Vattenfall have teamed up with Shell, Airbus and other heavyweights to cut emissions in industrial processes by using hydrogen, two executives said.


TODAY'S COMPANY ANNOUNCEMENTS
Abb Ltd Q1 2021 Earnings Release
Acsm Agam SpA Annual Shareholders Meeting
Aena SME SA Annual Shareholders Meeting
Alfa Laval AB Annual Shareholders Meeting
Alfa Laval AB Q1 2021 Earnings Release
Alligator Bioscience AB Q1 2021 Earnings Call
Altamir SCA Annual Shareholders Meeting
Aquis Exchange PLC Annual Shareholders Meeting
Arjo AB (publ) Annual Shareholders Meeting
Arjo AB (publ) Q1 2021 Earnings Call
Atlas Copco AB Annual Shareholders Meeting
Atlas Copco AB Q1 2021 Earnings Release
Bayer AG Annual Shareholders Meeting
Befesa SA Q1 2021 Earnings Release
Befimmo SA Annual Shareholders Meeting
Bilia AB Q1 2021 Earnings Release
BillerudKorsnas AB (publ) Q1 2021 Earnings Release
Boliden AB Q1 2021 Earnings Release
BP PLC Q1 2021 Earnings Release
Caltagirone SpA Annual Shareholders Meeting
Cembre SpA Annual Shareholders Meeting
Cerved Group SpA Annual Shareholders Meeting
Coface SA Q1 2021 Earnings Release
Digital360 SpA Annual Shareholders Meeting
DNB ASA Annual Shareholders Meeting
Doxee SpA Annual Shareholders Meeting
DSV Panalpina A/S Q1 2021 Earnings Call
El En SpA Annual Shareholders Meeting
Electra Gruppen AB (publ) Annual Shareholders Meeting
Electrolux Professional publ AB Q1 2021 Earnings Release
Elkem ASA Q1 2021 Earnings Call
Ence Energia y Celulosa SA Q1 2021 Earnings Release
Enea AB Q1 2021 Earnings Release
Evolution Gaming Group AB (publ) Q1 2021 Earnings Release
FILA Fabbrica Italiana Lapis ed Affini SpA Annual Shareholders Meeting
Focusrite PLC Half Year 2021 Earnings Call
Fos SpA Annual Shareholders Meeting
Fullsix SpA Annual Shareholders Meeting
Gefran SpA Annual Shareholders Meeting
Gibus SpA Annual Shareholders Meeting
Groep Brussel Lambert NV Annual Shareholders Meeting
GVS SpA Annual Shareholders Meeting
HSBC Holdings PLC Q1 2021 Earnings Release
Indra Sistemas SA Q1 2021 Earnings Release
Inwido AB (publ) Q1 2021 Earnings Release
Isagro SpA Annual Shareholders Meeting
Kemira Oyj Q1 2021 Earnings Release
Lime Technologies AB (publ) Q1 2021 Earnings Release
Luxfer Holdings PLC Q1 2021 Earnings Release
Maps SpA Annual Shareholders Meeting
Maven Income and Growth VCT 5 PLC Annual Shareholders Meeting
Mediaset SpA Q4 2020 Earnings Call
MERLIN Properties SOCIMI SA Annual Shareholders Meeting
Neles Oyj Q1 2021 Earnings Release
New Wave Group AB Q1 2021 Earnings Release
Nordic Waterproofing Holding AB Q1 2021 Earnings Call
Norsk Hydro ASA Q1 2021 Earnings Release
Nostrum Oil & Gas PLC Full Year 2020 Earnings Release
Novartis AG Q1 2021 Earnings Call
Novozymes A/S Q1 2021 Earnings Release
NXP Semiconductors NV Q1 2021 Earnings Call
Oriola Oyj Q1 2021 Earnings Release
Orion Oyj Q1 2021 Earnings Call
Ossur hf Q1 2021 Earnings Call
Pandox AB Q1 2021 Earnings Release
Pandox Q1 2021 AB Earnings Call
Rai Way SpA Annual Shareholders Meeting
Resurs Holding AB (publ) Q1 2021 Earnings Release
Semperit AG Holding Annual Shareholders Meeting
Sequans Communications SA Q1 2021 Earnings Call
Sjostrand Coffee Int AB Annual Shareholders Meeting
Societe BIC SA Q1 2021 Earnings Release
Solutions Capital Management SIM SpA Annual Shareholders Meeting
Swedbank AB Q1 2021 Earnings Release
Swiss Steel Holding AG Annual Shareholders Meeting
Telekom Austria AG Q1 2021 Earnings Release
Tinexta SpA Annual Shareholders Meeting
Travis Perkins PLC Annual Shareholders Meeting
Tribal Group PLC Annual Shareholders Meeting
UBS Group AG Q1 2021 Earnings Release
UPM-Kymmene Oyj Q1 2021 Earnings Release
Verona Pharma PLC Annual Shareholders Meeting
Wallenstam AB Q1 2021 Earnings Release
Warehouses Estates Belgium SCA Annual Shareholders Meeting
Whitbread PLC Full Year 2020 Earnings Call
Wihlborgs Fastigheter AB Q1 2021 Earnings Release
Xaar PLC Full Year 2020 Earnings Release
XLMedia PLC Full Year 2020 Earnings Call for Analyst and Institutional investor
Zignago Vetro SpA Annual Shareholders Meeting


ECONOMIC EVENTS (All times GMT)0730 Sweden PPI MM for Mar: Prior 1.5%0730 Sweden PPI YY for Mar: Prior 1.3%0730 (approx.) Sweden Riksbank Rate for 27 Apr: Expected 0.00%; Prior 0.00%0730 Sweden Trade Balance for Mar: Prior 7.3 bln SEK0730 Sweden Swedish Exports for Mar: Prior 122.9 bln SEK0730 Sweden Swedish Imports for Mar: Prior 115.6 bln SEK 0730 Sweden Unemployment Rate for Mar: Prior 9.7%0730 Sweden Unemployment Rate SA for Mar: Expected 8.8%; Prior 8.9%0730 Sweden Total Employment for Mar: Prior 4.949 mln0800 Italy Manufacturing Business Confidence for Apr: Expected 102.5; Prior 101.20800 Italy Consumer Confidence for Apr: Expected 102.0; Prior 100.90900 (approx.) Italy Flash Trade Balance Non-EU for Mar: Prior 4.11 bln EUR1000 (approx.) France Unemployment Class-A SA for Mar: Prior 3,576,6001000 United Kingdom CBI Distributive Trades for Apr: Expected -5; Prior -45