Liveblog Archief dinsdag 3 augustus 2021

TOP NEWS
• Drugmaker Eli Lilly profit slips on weak demand for COVID-19 therapies
Eli Lilly reported a 2% drop in quarterly profit, hurt by lower demand for its COVID-19 therapies due to vaccine rollouts in the United States.

• PepsiCo to sell Tropicana, other juice brands for $3.3 billion
PepsiCo will sell its controlling stake in Tropicana, Naked and other juice brands in North America to private equity firm PAI Partners for $3.3 billion, the beverage giant said.

• Dupont lifts 2021 outlook on robust demand from chipmakers, automakers
Industrial materials maker Dupont raised its full-year forecast for a second time and reported a rise in quarterly profit, as a jump in demand for its products offset higher raw material and logistics costs.

• ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures -sources
Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said.

• Tencent vows fresh gaming curbs after 'spiritual opium' attack zaps $60 billion
Tencent Holdings said it would further curb minors' access to its flagship video game, hours after its shares were battered by a state media article that described online games as "spiritual opium".


BEFORE THE BELL
U.S. stock index futures rose as an upbeat corporate earnings season and a pickup in global M&A activity lifted demand for risky equities. Strong earnings updates from oil major BP, banks and others drove European stocks to record highs. In Asian equity markets, Japan's Nikkei index closed lower as rising cases of COVID-19 weighed on sentiment and Chinese shareswere down on mounting regulatory concerns. Gold prices were caught in a tight range as investors held back from making large bets ahead of U.S. jobs data later this week, meanwhile the dollar lurked just off one-month lows. Oil prices rose on expectation of a continuous decline in U.S. oil inventories. Factory orders data is due for release later in the day.​


STOCKS TO WATCH
Results
• Alibaba Group Holding Ltd: The company reported a 34% rise in quarterly revenue, helped by growth at its cloud computing and e-commerce businesses. Ant Group recorded a quarterly profit of about 13.48 billion yuan for the quarter ended March, according to the Chinese e-commerce giant's filing. Alibaba, which holds about a third of Ant, posted a profit of 4.49 billion yuan for the quarter ended June 30 from its investments in the financial conglomerate. Alibaba's revenue rose to 205.74 billion yuan in the first quarter, from 153.75 billion yuan a year earlier.

• BP Plc: The company boosted its dividend and share buybacks after beating expectations with a $2.8 billion second-quarter profit powered by higher oil prices and recovering demand. The strong results, underpinned by higher sales at petrol stations, bolster BP's plan to shift away from oil and gas to renewable and low-carbon energy in an effort to battle climate change, CEO Bernard Looney told Reuters. BP increased its dividend by 4% to 5.46 cents after it was halved to 5.25 cents in July 2020 for the first time in a decade. BP also plans to repurchase $1.4 billion in shares in the coming months after generating surplus cash of $2.4 billion in the first half of the year, it said. BP's underlying replacement cost profit, the company's definition of net earnings, reached $2.8 billion in the second quarter, beating the $2.15 billion expected by analysts.

• Clorox Co: The company forecast full-year sales below Wall Street estimates, as demand for its bleaches, wipes and other surface cleaners eased from pandemic highs. Sales in the company's health and wellness division, its biggest unit by sales and home to Clorox disinfecting wipes, fell 17%. Net sales fell to $1.80 billion from $1.98 billion in the fourth quarter, missing the average analyst estimate of $1.92 billion, according to Refinitiv IBES data. The company said it expects fiscal 2022 sales to fall in the range of 2% to 6%, compared with the average analyst estimate of a 1% decline.

• Discovery Inc: The company beat Wall Street expectations for second-quarter revenue, buoyed by higher paid streaming subscriber additions. Revenue rose about 21% to $3.06 billion in the quarter ended June 30, edging past estimates of $2.99 billion. Total paid streaming subscribers globally stood at 17 million at the end of the second quarter. Net income more than doubled to $672 million, or $1.01 per share.

• Diamondback Energy Inc, Continental Resources Inc & Pioneer Natural Resources Co: The oil and gas producers reported strong second-quarter profit as rebounding demand for industrial activity and travel boosted fuel prices. While Diamondback and Continental beat Wall Street profit estimates, Pioneer only met expectations, but declared an inaugural variable dividend of $1.51 per share to be paid during the third quarter. Meanwhile, Diamondback increased its annual divided by 12.5% to $1.80 per share, and Continental said it was resuming its $1 billion share repurchase program, with $317 million of share repurchases previously executed. On an adjusted basis, Diamondback posted a profit of $2.40 per share compared with estimates of $2.19 per share. Continental reported an adjusted profit of 91 cents per share compared with estimates of 55 cents per share, and Pionner's adjusted profit came in at $2.55 per share.

• DuPont de Nemours Inc: The industrial materials maker raised its full-year forecast for a second time and reported a rise in quarterly profit, as a jump in demand for its products offset higher raw material and logistics costs. For the full year, the company said it expects net sales between $16.5 billion and $16.6 billion, compared with $15.7 billion to $15.9 billion previously. It also forecast adjusted earnings per share between $4.24 and $4.30, compared with its previous estimate of $3.60 to $3.75 per share. Adjusted net income rose to $563 million, or $1.06 per share, in the three months ended June 30, from $550 million, or 91 cents per share, in the first quarter.

• Eli Lilly and Co: The drugmaker reported a 2% drop in quarterly profit, hurt by lower demand for its COVID-19 therapies due to vaccine rollouts in the United States. Sales of its antibody treatments came in at $148.9 million in the quarter compared to $810.1 million in the previous quarter. Net income fell to $1.39 billion, or $1.53 per share in the quarter ended June 30, from $1.41 billion, or $1.55 per share, a year ago.

• Stellantis NV: The carmaker said it was raising its full-year target on its adjusted operating profit margin after strong first-half results, which included record margins in North America and progress on cost savings. Stellantis said it aimed for an adjusted operating profit margin of around 10%, compared with a previous forecast of between 5.5%-7.5%. In the January-June period Stellantis' pro-forma adjusted earnings before interest and tax (EBIT) totalled 8.622 billion euros, topping 5.938 billion euros forecast by analysts in a Reuters poll. The group reported EBIT margin of 11.4% in the first six months, with North America at a record 16.1%.

• Take-Two Interactive Software Inc: The videogame maker on Monday forecast second-quarter adjusted sales below estimates and pushed back the release of two titles. The "Grand Theft Auto" and "Red Dead Redemption" creator also maintained its annual revenue forecast and did not reveal which games were being delayed, but said the pandemic played no role in its decision to move the release. Take-Two forecast second-quarter adjusted revenue between $815 million and $865 million, below analysts' estimates of $890.7 million. Its full-year adjusted sales forecast was maintained at between $3.2 billion and $3.3 billion, versus $3.55 billion in fiscal 2021 and estimates of $3.47 billion. On an adjusted basis, the game publisher posted first-quarter revenue of $711.4 million, beating estimates of $687.6 million.

• Under Armour Inc: The company raised its annual revenue forecast, as demand for its athletic apparel and footwear rose due to customers returning to gyms and yoga classes as coronavirus curbs eased. Under Armour said it expects 2021 adjusted earnings per share of 50 cents to 52 cents, compared with a previous outlook of 28 cents to 30 cents. Net revenue rose to $1.35 billion in the second quarter ended June 30 from $707.6 million a year earlier. Analysts on average had expected net revenue of $1.21 billion. The company expects 2021 revenue to rise in low-20s percentage, compared with a previous outlook of a high-teen percentage increase.

Deals Of The Day
• HollyFrontier Corp: The company and its pipeline partner will buy refining and logistics assets from privately held The Sinclair Companies in a $1.8 billion deal, the U.S. refiner said. A new company, HF Sinclair Corp, will replace HollyFrontier as the public company trading on the NYSE, it said in a statement. Under the deal, HollyFrontier will buy Sinclair's branded marketing unit, renewable diesel unit and two Rocky Mountain-based refineries. The refiner said the deal is expected to add to HF Sinclair's earnings, cash flow and free cash flow within the first full year.

• PepsiCo Inc: The company will sell its controlling stake in Tropicana, Naked and other juice brands in North America to private equity firm PAI Partners for $3.3 billion, the beverage giant said. The sale will allow PepsiCo to concentrate on growing its portfolio of health-focused snacks and zero-calorie beverages, Chief Executive Officer Ramon Laguarta said. The company will retain a 39% stake in the new joint venture and have exclusive U.S. distribution rights for the brands.

• Marvell Technology Inc: The company said it has agreed to acquire chip startup Innovium in a $1.1 billion all-stock deal aimed at bolstering Marvell's share of networking chips sold to large cloud-computing companies. Privately held Innovium is expected to generate $150 million in revenue in its next fiscal year. Under the terms of the deal, Marvell will pay $1.1 billion in stock but take on $145 million in cash from Innovium's balance sheet, resulting in a net cost to Marvell of $955 million. Marvell also said it expects revenue of $1.065 billion, plus or minus 1.5%, when it reports earnings on Aug. 26, in line with analyst estimates.

• Sanofi SA & Translate Bio Inc: Sanofi has agreed to buy Translate Bio in a $3.2 billion deal, as it bets on next-generation mRNA vaccine technology beyond the COVID-19 pandemic, confirming a Reuters exclusive report. Sanofi said it would acquire all outstanding shares of Translate Bio for $38.00 per share in cash, representing a total equity value of about $3.2 billion. The boards of both companies have approved the deal, and the chief executive of Translate Bio and the U.S. company's largest shareholder have backed it, Sanofi and Translate Bio said in a joint statement.

• VPC Impact Acquisition Holdings II: FinAccel on Monday agreed to go public through a merger with the blank-check firm, valuing the parent of Indonesian buy now, pay later platform Kredivo at about $2.5 billion, a further sign of consolidation in the fast-growing sector. FinAccel's deal with VPC Impact Acquisition Holdings II gives the fintech firm gross proceeds of $430 million, including a private investment of $120 million led by Marshall Wace, Corbin Capital, SV Investment, Palantir Technologies, Maso Capital, and sponsor Victory Park Capital.​

In Other News
• Amazon.com Inc: A U.S. labor board official has recommended a rerun of a landmark Amazon.com union election in Alabama where employees had voted overwhelmingly against making their warehouse the online retailer's first to organize in the United States. In the coming weeks, a regional director for the U.S. National Labor Relations Board will decide whether to order the rerun based on this recommendation, said an official on Monday with the board who asked not to be named. The Retail, Wholesale and Department Store Union (RWDSU), which workers rejected joining earlier this year by a more than 2-1 margin, had said Amazon illegally threatened staff with reduced benefits and compromised the election's integrity via a ballot collection box it secured outside the warehouse.

• AT&T Inc: The company’s satellite television provider, DirecTV, will become a standalone video business as part of a deal between the wireless service provider and buyout firm TPG Capital. The video service unit said on Monday it will launch DirecTv Stream, a platform that will allow its users to get access to streaming services such as Netflix, Amazon.com's Prime Video and HBO Max. The move will boost the TV operator's position, which like its peers, had been losing subscribers to video streaming services such as Netflix, Prime Video and Apple's service that offer award-wining and exclusive shows.

• BlackRock Inc, Citigroup Inc, HSBC Holdings Plc & Prudential Plc: The financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said. The novel proposal, which is being driven by the Asian Development Bank, offers a potentially workable model and early talks with Asian governments and multilateral banks are promising, the sources told Reuters. The group plans to create public-private partnerships to buy out the plants and wind them down within 15 years, far sooner than their usual life, giving workers time to retire or find new jobs and allowing countries to shift to renewable energy sources.

• Boeing Co: The company's CST-100 Starliner capsule is poised to blast off from Florida's Cape Canaveral bound for the International Space Station in a crucial do-over test flight following a near-catastrophic failure during its 2019 debut. Tuesday's planned uncrewed mission is a precursor to a closely watched crewed flight potentially to be conducted before the end of the year. It also marks a key trial for the U.S. aerospace giant after back-to-back crises - a pandemic that crushed demand for new planes and a safety scandal caused by two fatal 737 MAX crashes - that have damaged Boeing's finances and engineering reputation. If all goes according to plan, the Starliner capsule loaded with supplies will blast off atop an Atlas V rocket flown by the United Launch Alliance, a partnership of Boeing and Lockheed Martin, at 1:20 p.m. EDT from Space Launch Complex-41 at Cape Canaveral Space Force Station.

• Eli Lilly and Co & Incyte Corp: Eli Lilly and Incyte said additional results from a late-stage study showed their COVID-19 drug baricitinib reduced the risk of death in patients on mechanical ventilation. Latest data from 101 patients in Lilly/Incyte's study shows patients put on ventilators, who received baricitinib plus standard of care were 46% less likely to die, compared with patients who received placebo plus standard of care.

• Facebook Inc: Instagram said on Monday it had resolved an issue that caused glitches for some users with its platform. "And we're back! If you were having a hard time earlier, your account should be working normally now," Instagram said in a tweet late on Monday. Instagram was down for nearly 6,000 users, according to outage tracking website Downdetector.com.

• Gilead Sciences Inc: Vietnam is set to approve the use of the company's antiviral drug remdesivir for the treatment of patients who have contracted the coronavirus, state media reported. After receiving donated supplies of remdesivir, Vietnam has already been using the drug for COVID-19 treatment in some health facilities, the state-run VTC newspaper cited deputy health minister Nguyen Truong Son.

• Hippo Enterprises Inc. The company wants to change homeowners' insurance by using customer data to make it faster and easier to get coverage, its chief executive said in an interview. The company, which has a $5 billion valuation and is due to go public through a blank-check company on Tuesday, is among a slew of "insurtech" listings that are trying to pry business from established insurers. Hippo's sales aspirations mirror companies like Geico and Progressive that have made the auto insurance market more competitive. Hippo is going public through Reinvest Technology Partners, its special purpose acquisition company, and will start trading on Tuesday as Hippo Holdings.

• Houlihan Lokey Inc: The U.S. investment bank said it will launch a tender offer to buy Tokyo-based mergers-and-acquisitions (M&A) advisory firm GCA in a deal worth about $591 million to tap Japan's growing M&A market. Houlihan Lokey, which has strengths in mid-cap M&A deals, will offer 1,380 yen a share in cash, a 31.3% premium to the stock's Monday closing price, to acquire all outstanding GCA shares.

• JD.com Inc: A company controlled by the founder of the China's e-commerce giant has been granted approval to set up a new cargo airline based in the eastern province of Jiangsu, China's aviation regulator said. Jiangsu Jingdong Cargo Airlines, with registered capital of 600 million yuan, has obtained preliminary regulatory approvals to launch a new carrier, the Civil Aviation Administration of China said in a notice.

• Li Auto Inc: The electric vehicle manufacturer said it was looking to raise as much as HK$15.0 billion in an initial public offering (IPO) in Hong Kong. Li Auto, a six-year old Chinese startup which raised $1.09 billion through its Nasdaq listing in July last year, said it would issue 100 million shares in its Hong Kong IPO at a maximum offer price of HK$150 per share. The offer also includes a greenshoe, or over-allotment option, to sell a further 15 million shares within 30 days after listing, likely taking the total amount raised to up to HK$17.25 billion.

• McDonald's Corp: The company on Monday confirmed that all its customers and staff will need to start wearing masks again inside its U.S. restaurants in areas with high or substantial transmission, regardless of whether they are vaccinated or not. McDonald's also said that masks were always mandatory for staff and customers who were not vaccinated. The Associated Press first reported on the move.

• Micron Technology Inc: The memory chip maker on Monday said it would shift how it returns cash to shareholders, buying up more shares when prices are low, fewer when prices are high and instituting a dividend for the first time. Micron said it would start adjusting its previously regular share repurchases - which have returned about $4 billion in cash to shareholders since 2018 - to match those cycles, holding back when prices are high so that it can retire more shares for each dollar spent. Micron also declared an initial quarterly dividend of 10 cents per share, payable in cash on Oct. 18.

• Novartis AG: The Swiss company will launch a new phase three study to expand the use of Zolgensma - the world's most expensive one time therapy at $2.1 million per patient treatment - after the U.S. regulator lifted its restrictions. The company will study the use of the drug for patients aged between 2 and 18 for the treatment of spinal muscular atrophy, it said. The decision comes after U.S. Food and Drugs Administration said existing trials may proceed, thereby lifting the partial clinical trial hold imposed in October 2019, after Novartis supplied new data.​

• UBS Group AG: The Swiss bank was fined HK$11.55 million by Hong Kong's securities regulator for failing to disclose its holdings in some companies covered in its research reports, the watchdog said. The Hong Kong Securities and Futures Commission (SFC) said in a statement that the bank's failure to disclose its financial interests in the reports published between 2004 and 2018 was attributed to an error in using legacy technology, which tracked the share holdings of UBS. The fines were also related to four other compliance breaches, including the bank's failure to record 35 telephone lines between August 2017 and 2019 involving over 2,000 transactions executed for more than 400 clients.


INSIGHT
The $29 billion deal in 11 weeks: how Square bought Afterpay
Jack Dorsey introduced the world to expressing itself in just 140 characters as the creator of Twitter, and his payments company, Square, also likes getting straight to the point. Square's purchase of Australian buy now, pay later provider Afterpay for $29 billion in stock, the largest ever acquisition by Dorsey's firm, was consummated within three months, said four people with knowledge of the deal talks.​


ANALYSTS' RECOMMENDATION
• NVIDIA Corp: JPMorgan raises target price to $215 from $176, based on raised estimates to account for the strong data center business.

• Patterson-UTI Energy Inc: Evercore ISI raises target price to $13 from $12, reflecting increased 2021 EBITDA estimate due to a higher-than-expected rig count and faster reactivation in the company’s pressure pumping business.

• Square Inc: Jefferies raises target price to $265 from $245, saying Afterpay acquisition is expected to accelerate gross profit growth in the first year post close and marks the first major strategic move by Square to link the seller and cash app ecosystems.

• ZoomInfo Technologies Inc: RBC raises target price to $70 from $60, following a strong beat-and-raise quarter with full year guidance coming in nicely above the street.

ECONOMIC EVENTS (All timings in U.S. Eastern Time)
1000 (approx.) Durables ex-defense R mm for June: Prior 1.0%
1000 (approx.) Durable goods R mm for June: Prior 0.8%
1000 (approx.) Factory orders mm for June: Expected 1.0%; Prior 1.7%
1000 (approx.) Durables ex-transport R mm for June: Prior 0.3%
1000 (approx.) Nondefense cap ex-air R mm for June: Prior 0.5%
1000 (approx.) Factory ex-transport mm for June: Prior 0.7%

COMPANIES REPORTING RESULTS
Activision Blizzard Inc: Expected Q2 earnings of 76 cents per share
Akamai Technologies Inc: Expected Q2 earnings of $1.38 per share
Amgen Inc: Expected Q2 earnings of $4.09 per share
Assurant Inc: Expected Q2 earnings of $2.50 per share
Caesars Entertainment Inc: Expected Q2 loss of 18 cents per share
Cummins Inc: Expected Q2 earnings of $4.05 per share
DaVita Inc: Expected Q2 earnings of $2.17 per share
Devon Energy Corp: Expected Q2 earnings of 52 cents per share
Expeditors International of Washington Inc: Expected Q2 earnings of $1.61 per share
FMC Corp: Expected Q2 earnings of $1.78 per share
Franklin Resources Inc: Expected Q3 earnings of 77 cents per share
Healthpeak Properties Inc: Expected Q2 earnings of 18 cents per share
Host Hotels & Resorts Inc: Expected Q2 loss of 23 cents per share
IPG Photonics Corp: Expected Q2 earnings of $1.41 per share
Live Nation Entertainment Inc: Expected Q2 loss of $1.18 per share
Microchip Technology Inc: Expected Q1 earnings of $1.91 per share
Occidental Petroleum Corp: Expected Q2 earnings of 03 cents per share
ONEOK Inc: Expected Q2 earnings of 75 cents per share
Paycom Software Inc: Expected Q2 earnings of 84 cents per share
Progressive Corp: Expected Q2 earnings of 89 cents per share
Prudential Financial Inc: Expected Q2 earnings of $3.11 per share
Public Service Enterprise Group Inc: Expected Q2 earnings of 70 cents per share
Public Storage: Expected Q2 earnings of $1.87 per share
Ralph Lauren Corp: Expected Q1 earnings of 88 cents per share
Unum Group: Expected Q2 earnings of $1.12 per share
Verisk Analytics Inc: Expected Q2 earnings of $1.33 per share

CORPORATE EVENTS (All timings in U.S. Eastern Time)
0800 Bright Health Group Inc: Q2 earnings conference call
0800 Clearway Energy Inc: Q2 earnings conference call
0800 Discovery Inc: Q2 earnings conference call
0800 DuPont de Nemours Inc: Q2 earnings conference call
0800 Gartner Inc: Q2 earnings conference call
0800 Houlihan Lokey Inc: Q1 earnings conference call
0800 Incyte Corp: Q2 earnings conference call
0800 Leidos Holdings Inc: Q2 earnings conference call
0800 nVent Electric PLC: Q2 earnings conference call
0800 R1 RCM Inc: Q2 earnings conference call
0800 Waters Corp: Q2 earnings conference call
0830 Alnylam Pharmaceuticals Inc: Q2 earnings conference call
0830 AMETEK Inc: Q2 earnings conference call
0830 Dun & Bradstreet Holdings Inc: Q2 earnings conference call
0830 Fidelity National Information Services Inc: Q2 earnings conference call
0830 L3harris Technologies Inc: Q2 earnings conference call
0830 Leggett & Platt Inc: Q2 earnings conference call
0830 Marriott International Inc: Q2 earnings conference call
0830 Under Armour Inc: Q2 earnings conference call
0830 Warner Music Group Corp: Q3 earnings conference call
0830 Zebra Technologies Corp: Q2 earnings conference call
0830 Zimmer Biomet Holdings Inc: Q2 earnings conference call
0900 Acadia Healthcare Company Inc: Q2 earnings conference call
0900 American Water Works Company Inc: Q2 earnings conference call
0900 Diamondback Energy Inc: Q2 earnings conference call
0900 Eagle Materials Inc: Annual Shareholders Meeting
0900 Eastman Chemical Co: Q2 earnings conference call
0900 Eli Lilly and Co: Q2 earnings conference call
0900 First Citizens BancShares Inc (Delaware): Q2 earnings conference call
0900 IAA Inc: Q2 earnings conference call
0900 Ingredion Inc: Q2 earnings conference call
0900 Ralph Lauren Corp: Q1 earnings conference call
0900 TopBuild Corp: Q2 earnings conference call
0930 Williams Companies Inc: Q2 earnings conference call
1000 Brixmor Property Group Inc: Q2 earnings conference call
1000 Cummins Inc: Q2 earnings conference call
1000 Henry Schein Inc: Q2 earnings conference call
1000 IPG Photonics Corp: Q2 earnings conference call
1000 Jacobs Engineering Group Inc: Q3 earnings conference call
1000 Kimco Realty Corp: Shareholders Meeting
1000 KKR & Co Inc: Q2 earnings conference call
1000 Omega Healthcare Investors Inc: Q2 earnings conference call
1000 Pioneer Natural Resources Co: Q2 earnings conference call
1000 Sealed Air Corp: Q2 earnings conference call
1000 Vornado Realty Trust: Q2 earnings conference call
1030 National Retail Properties Inc: Q2 earnings conference call
1100 Franklin Resources Inc: Q3 earnings conference call
1100 Hamilton Lane Inc: Q1 earnings conference call
1100 Louisiana-Pacific Corp: Q2 earnings conference call
1100 Mosaic Co: Q2 earnings conference call
1100 Public Service Enterprise Group Inc: Q2 earnings conference call
1100 Westlake Chemical Corp: Q2 earnings conference call
1100 Xylem Inc: Q2 earnings conference call
1200 ConocoPhillips: Q2 earnings conference call
1200 Continental Resources Inc: Q2 earnings conference call
1300 Phillips 66: Q2 earnings conference call
1330 Clorox Co: Q4 earnings conference call
1400 WEC Energy Group Inc: Q2 earnings conference call
1430 Realty Income Corp: Q2 earnings conference call
1500 Phillips 66 Partners LP: Q2 earnings conference call
1630 Activision Blizzard Inc: Q2 earnings conference call
1630 Akamai Technologies Inc: Q2 earnings conference call
1630 Energy Transfer LP: Q2 earnings conference call
1630 Invitae Corp: Q2 earnings conference call
1630 LYFT Inc: Q2 earnings conference call
1630 NCR Corp: Q2 earnings conference call
1630 Neurocrine Biosciences Inc: Q2 earnings conference call
1630 Pacific Biosciences of California Inc: Q2 earnings conference call
1700 Alteryx Inc: Q2 earnings conference call
1700 Amgen Inc: Q2 earnings conference call
1700 Caesars Entertainment Inc: Q2 earnings conference call
1700 Coursera Inc: Q2 earnings conference call
1700 DaVita Inc: Q2 earnings conference call
1700 Envista Holdings Corp: Q2 earnings conference call
1700 Fair Isaac Corp: Q3 earnings conference call
1700 Inspire Medical Systems Inc: Q2 earnings conference call
1700 Lattice Semiconductor Corp: Q2 earnings conference call
1700 Live Nation Entertainment Inc: Q2 earnings conference call
1700 Microchip Technology Inc: Q1 earnings conference call
1700 Paycom Software Inc: Q2 earnings conference call
1700 RingCentral Inc: Q2 earnings conference call
1700 Sprout Social Inc: Q2 earnings conference call
1700 Workiva Inc: Q2 earnings conference call
1700 Xp Inc: Q2 earnings conference call
1730 Plains All American Pipeline LP: Q2 earnings conference call
1730 Skillz Inc: Q2 earnings conference call

EX-DIVIDENDS
Aptargroup Inc: Amount $0.38
Marketaxess Holdings Inc: Amount $0.66

De topzone testen en dan weer wat inleveren, dat doen de meeste indices momenteel. Geen duidelijke uitbraak tot nu toe op Wall Street al wist de Dow Jones wel even een nieuw record neer te zetten op 35.192 punten maar de index moest daarna fors inleveren. In Europa wel weer nieuwe records, de AEX en de CAC 40 sluiten beiden af op een nieuw record maandag.

Update 3 augustus:
In Europa een sterke start van de nieuwe maand met nieuwe records, zowel de AEX als de CAC 40 zetten een nieuw record neer. De AEX geraakt tot een slot dat uitkomt op 758,22 terwijl de index gedurende de sessie zelfs even tot 762,19 punten geraakte en daar de absolute top neerzet. De AEX doet het nog altijd beter dan de andere indices en daar blijft ASML heel belangrijk bij, ASML wist opnieuw fors hoger te sluiten met een slotstand op €653. Ook de CAC 40 zet een nieuw record neer op 6675 punten, de index geraakte ook even tot de 6690 punten.

Wall Street kreeg na een sterke start later op de avond moeilijk en dat zien we toch al een aantal keer, de Dow Jones wist nog wel even een nieuwe hoogste stand ooit neer te zetten maar sluit bijna 100 punten lager. Ook de S&P 500 deed het eerst goed maar verloor uiteindelijk 8 punten. De Nasdaq bleef wel op winst staan en sluit 8 punten hoger, de Nasdaq 100 won 3 punten. Verder zien we dat de SOX met 21 punten winst sluit terwijl de Dow Transport 84 punten verloor.

Wat waren de hoogtepunten maandag?
Wall Street kende een wisselvallige sessie de eerste dan van de nieuwe maand augustus. Augustus is over het algemeen al een moeilijke maand zeggen beursvolgers want het nieuws valt weg en we zitten midden in de vakantieperiode. We krijgen na een reeks belangrijke bedrijven die met cijfers zijn gekomen en de FED die vorige week met een vergadering kwam nu een periode zonder belangrijke items. De markten staan nu rond hun toppen en zitten al weken in een stevige uptrend die rijp lijkt voor een correctie. We zien zoals ik al aangaf hier en daar wat twijfels bij beleggers die klaar staan om even voor een tijdje uit de markt te gaan en te wachten op een terugval van de markt.

Wat we in de VS nu als nieuws te horen krijgen is de bezorgdheid over de verspreiding van de delta-variant van COVID-19 virus. Deze zorgen in combinatie met toenemende twijfels over de economische groei samen met de vraag of bedrijven die zo goed hebben gepresteerd dat ook de komende periode nog gaan kunnen volhouden? Dat wordt toch een belangrijk item de komende weken en zelfs maanden, iets om goed in de gaten te houden. De markten staan nog aan de bovenkant dus de top komt hoe dan ook steeds dichterbij nu.

Aan de andere kant horen we natuurlijk ook veel positieve berichten, er zijn ook analisten die de bomen tot in de hemel zien groeien en zeggen dat er geen hindernissen meer zijn om ook de komende maanden verder te stijgen. Ze verwachten ook dat de winstgroei onverminderd door zal zetten. Het is maar de vraag wie we moeten geloven, er valt van beide scenario's wel wat te zeggen maar vergeet vooral niet dat de markten de afgelopen periode amper nog een gezonde correctie liet zien. Elke DIP wordt naar mijn mening veel te snel opgekocht, laat een correctie eens een hap lucht uit de markt nemen om daarna waar het kan sterker terug te komen maar dan met wat meer tijd.

Dinsdag wat winst genomen, JULI sluiten we goed af:
Meedoen met US Markets Trading kan uiteraard door lid te worden, dinsdag heb ik winst genomen op de posities die open stonden zodat het resultaat er goed uitziet voor de maand juli. Ik blijf rustig en hou me aan het plan voor de komende periode, rustig naar kansen zoeken en waar het kan wat posities opnemen. Als u de signalen wilt ontvangen wordt dan vandaag nog lid via de nieuwe aanbieding voor €35 die loopt tot 1 oktober ...

Hieronder ziet u het resultaat voor de maand JULI en dat is nu voor de 8e maand op rij dat we winst behalen via alle signaaldiensten. Bij Guy Trading kijk ik ook naar wat aandelen waar er wat mee kan worden gedaan. Schrijf u dus op tijd in, ik zal snel weer een momentum kiezen om in te stappen met een paar posities op indexen.

De nieuwe aanbieding loopt tot 1 OKTOBER en dat voor €35 (Polleke Trading €45 en COMBI-Trading voor €75). Inschrijven kan via de link https://www.usmarkets.nl/tradershop

Hieronder het resultaat van deze maand (JULI) en dit jaar (2021):

Marktoverzicht:

Technische conditie AEX:
De AEX zet opnieuw een hogere top neer met een recordslot op 758,22 punten. Het absolute record bij de AEX werd neergezet op 762,19 punten. De index moest daarna vanaf die top gedurende de sessie wat gas terugnemen. De index sluit wel nog met bijna 4 punten winst. Zo zien we dat de AEX rondom die toplijn blijft hangen en blijft het de vraag of de index verder door kan breken. Veel zal afhangen van hoe de andere markten zoals Wall Street zich zullen gedragen de komende dagen.

Steun nu eerst de 749-750 punten met later de zone 736-738 punten als steun want we zien daar de oude toppen uitkomen. Later steun net onder de 730 punten, daarna de reeks recente bodems tussen de 717 en de 720 punten. De valse uitbraak van afgelopen donderdag en gisteren zou bij de AEX wel eens een top kunnen aangeven.

Weerstand zien we nu rond de topzone 758-760 punten, bij een uitbraak kansen richting de 768 en de 775 punten maar of het zal lukken om tot daar te geraken op de korte termijn moeten we afwachten.

Technische conditie DAX:
De DAX blijft spelen met de belangrijke grens 15.500-15.550 punten en die blijft als een soort magneet werken in beide richtingen. De index moest er gisteren opnieuw even naartoe maar we zien richting het slot dat de DAX er ook deze keer net boven weet te sluiten. De steun blijft daardoor nog altijd de 15.500-15.550 punten zone, later zien we de 15.400 en de 15.300 punten als steun.

Weerstand wordt nu de 15.650-15.700 punten met later de topzone rond de 15.800 punten. Bij de DAX ziet alles er wel wat zwakker uit dan bij andere indices, we zien een soort topvorming maar in deze markt is er niks zeker. De indicatoren liggen er ook maar matig bij.

S&P 500 analyse:
De S&P 500 moet na een redelijke start opnieuw wat inleveren, de index sluit onder de 4400 punten en geraakt zo weer wat verder weg van de topzone 4420-4425 punten. Op de chart zien we toch wat verzwakking omdat de weerstandslijn de index voorlopig tegen blijft houden, er staan wat toppen rondom die 4420-4425 punten.

Steun zien we nu eerst rond de 4380 punten, later komen de 4355 en de 4325 punten in beeld als steun. Verder zien we dat de oplopende steunlijn samen met het 50-daags gemiddelde nu rond de 4285-4290 punten uitkomen, later nog de 4250 punten als steun door de vorige toppen die we zien in mei en juni.

Weerstand zien we rond de topzone die rond de 4420-4425 punten, later komt de 4450 punten als weerstand in beeld maar dan alleen bij een snelle uitbraak tot boven de zware weerstand.

Analyse Nasdaq:
De Nasdaq blijft hangen rond het slot van vrijdag na even een herstelpoging in te zetten die faalde. We zien nog altijd een dubbele top, de kans is groot dat de index in de loop van deze week verder terug moet richting de 14.400 punten waar we de eerste belangrijke steun zien uitkomen. Later komen de vorige toppen van eerder dit jaar weer in beeld, deze steun wacht rond de 14.210 punten.

De topzone rond de 14.800-14.825 punten blijft de eerste en redelijk zware weerstand. Bij een uitbraak mocht die er komen zien we rond de 14.900 en de 15.000 punten weerstand. De index laat wel wat verzwakking zien via die dubbele top en via de indicatoren die wat aan het verzwakken zijn.

Euro, olie en goud:
De euro zien we nu rond de 1,187 dollar, de prijs van een vat Brent olie komt uit op 72,8 dollar terwijl een troy ounce goud nu op 1814 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 !

Met vriendelijke groet,
Guy Boscart