Liveblog Archief vrijdag 9 april 2021

TOP NEWS
• First White House budget proposal to preview Biden's goals
President Joe Biden will release his first budget proposal to Congress, offering a long-awaited glimpse into a policy agenda that will mark a sharp departure from his predecessor, Donald Trump.

• Roughly 500 ballots challenged in Amazon's landmark union election
Roughly 500 ballots submitted in Amazon’s landmark union election have been challenged in a contest that will determine whether an Alabama warehouse becomes the online retailer’s first organized workplace in the United States, people familiar with the matter said.

• Biden faces key test on EV battery trade dispute
U.S. President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two South Korean electric vehicle battery makers that could impact a Georgia factory and his push for more electric vehicles.

• Boeing asks customers to address potential electrical problem in some 737 MAX jets
Boeing has asked 16 of its customers to address a potential electrical problem in certain 737 MAX airplanes prior to further operations, the U.S. planemaker said.

• China's Didi picks Goldman, Morgan Stanley for mega U.S. IPO-sources
China's top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two people with knowledge of the matter said.


BEFORE THE BELL
Wall Street futures were subdued, as a rise in bond yields weighed on richly valued technology stocks a day after the S&P 500 closed at a record high. European stocks were little changed, after hitting longest weekly highs since November 2019. Japan's Nikkei ended higher, with the beginning of the earnings season. The dollar recovered, following weak U.S. jobs data. Gold prices slipped. Oil prices dropped, dragged down by pandemic fears altering oil demand. Data for producer prices is scheduled for release, later in the day.


STOCKS TO WATCH
Results
• Levi Strauss & Co: The company on Thursday raised its half-year revenue growth forecast, banking on COVID-19 vaccine rollouts to spur a return to normalcy, after the denim maker beat estimates for quarterly results on a pandemic-led e-commerce boost. The jeans maker said it expected its revenue to increase 24% to 25%, up from a prior range of 18% to 20%, for the first half of its fiscal 2021. Levi also said it expected adjusted per-share profit for the period to be 41 cents to 42 cents. Analysts on average expect a profit of 30 cents per share for the first and second quarter.

Deals Of The Day
• Crown Holdings Inc: The company has agreed to sell 80% of its European tinplate business to private equity firm KPS Capital Partners in a deal valued at 2.25 billion euros, the packaging products supplier said on Thursday. The company said it would receive pre-tax proceeds of about 1.9 billion euros from the deal, which it would use to reduce debt and buy back shares. The unit for sale comprises 44 manufacturing facilities in 17 countries in Europe, the Middle East and Africa and produces food cans, aerosol cans, and promotional packaging.

In Other News
• Alphabet Inc: TAE Technologies, a California-based firm building technology to generate power from nuclear fusion, said on Thursday it had raised $280 million from new and existing investors, including Google and New Enterprise Associates. The company, which did not disclose its latest valuation, was valued at $2.6 billion after raising funds in May 2019, according to data platform PitchBook. Including the latest funding, TAE has raised $880 million till date.

• Amazon.com Inc: Roughly 500 ballots submitted in Amazon’s landmark union election have been challenged in a contest that will determine whether an Alabama warehouse becomes the online retailer’s first organized workplace in the United States, people familiar with the matter said. Representatives for Amazon and the Retail, Wholesale and Department Store Union (RWDSU) challenged the ballots during closed-door election proceedings that lasted more than a week before U.S. officials began publicly counting votes. They were able to question ballots on suspicion of tampering, a voter's eligibility and other issues.

• Boeing Co: The company has asked 16 of its customers to address a potential electrical problem in certain 737 MAX airplanes prior to further operations, the U.S. planemaker said. Separately, Boeing said it had filed a suit against and canceled contracts with a Texas-based supplier for Air Force One, the aircraft that carriers the U.S. president, over delays in completing interior work on the two heavily modified 747-8 planes.

• CVR Energy & Delek Holdings Inc: Billionaire Carl Icahn's refiner CVR, the largest shareholder in Delek which has been trying to choose three members of that refiner's board, filed a lawsuit on Thursday seeking to inspect books and records of Delek relating to its CEO compensation. The lawsuit wants information about total compensation of Delek CEO Ezra Uzi Yemen, which CVR alleges was near $81 million between 2013 and 2020. CVR says that total includes revenue not disclosed in company proxy statements.

• Facebook Inc: Social media company Facebook suspended 16,000 accounts for selling or buying fake reviews of products and services on its platforms, after the Britain's competition watchdog intervened for the second time, the regulator said. Separately, Facebook said services on its platforms including Instagram and Whatsapp had been fully restored after thousands of users reported connectivity issues for more than an hour.

• Goldman Sachs Group Inc & Morgan Stanley: China's top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two people with knowledge of the matter said. Didi, backed by Asian technology investment giants SoftBank, Alibaba and Tencent, is looking to list as soon as July, according to the people.

• Johnson & Johnson: Proxy advisory firm Institutional Shareholder Services has joined Glass Lewis in recommending investors reject a proposed pay package of nearly $30 million for Johnson & Johnson Chief Executive Officer Alex Gorsky. Separately, Johnson & Johnson is in talks with India's government to begin a clinical trial of its single-dose COVID-19 vaccine in the country, the company said.

• McDonald's Corp: The company said it would hire 25,000 people in its restaurants across Texas, United States in April. The burger chain said it will hire for crew and management positions in a three-day event from April 13-15.
• Microsoft Corp: Some LinkedIn data, including publicly viewable member profile, has been extracted and posted for sale, Microsoft's professional networking site said based on an investigation. The incident was not a data breach and no private member account data from the platform was included, LinkedIn said in a blog post on Thursday, adding that the information on sale is a collection of data from a number of websites and companies.
• Nike Inc: The company said on Thursday a Brooklyn company that made "Satan Shoes" in collaboration with the rapper Lil Nas X has agreed to voluntarily recall the shoes, as part of a legal settlement with the athletics giant. The settlement with MSCHF Product Studio Inc resolves a trademark infringement lawsuit that Nike filed last week over the black-and-red, devil-themed sneakers, which carry the Nike "swoosh" logo and quickly sold out at $1,018 a pair.

• Pfizer Inc: Australia has doubled its order of the Pfizer COVID-19 vaccine, Prime Minister Scott Morrison said, as the country raced to overhaul its inoculation plan over concerns about the risks of blood clots with the AstraZeneca vaccine. Until late Thursday, Australia based its vaccination programme largely on an AstraZeneca shot, with an order for 50 million doses - enough for the required two shots for its entire 25 million population - to be made domestically by biopharma CSL.

• Rio Tinto PLC: Rio Tinto said it has reached a binding agreement with Turquoise Hill over funding for expansion of the massive Oyu Tolgoi copper-gold mine in Mongolia. Rio and Turquoise Hill will restructure debt payments of up to $1.4 billion with lenders and look to raise up to $500 million in supplemental debt under existing financing arrangements. The agreement will smooth the way for the next phase of development, which has faced cost and timeline blowouts and has caused acrimony between the mining giant and its junior partner.

• Sogou Inc: China's antitrust regulator is ready to clear Tencent's plan to take the country's no.3 search engine private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny. The regulator, State Administration of Market Regulation (SAMR), has no objection to the $3.5 billion deal for the 60% of U.S.-listed Sogou that Tencent doesn't already own, the people said, as long as Tencent is willing to set up a special mechanism to ensure data security - a first for SAMR deal approvals.

• Tegna Inc: The company's shareholder Standard General called on the company to open its books and records to investigate what it claimed as a "broad pattern of bias and racially-insensitive behavior" at the U.S. regional TV station operator. Citing media reports and a scathing letter it received from a former Tegna employee, Standard General alleged that the company management had shown bias towards employees over many years based on race, ethnicity and physical disability.

• Walt Disney Co: Kimberly Godwin, the executive vice-president of CBS News, is in the final stages of negotiations with Walt Disney to become president of ABC News, a media report said. Godwin, a 14-year veteran of CBS, would become the first Black woman to lead a broadcast news division, NBC News reported, citing two sources with knowledge of the situation.


ANALYSISU.S. voting law debates stoke tussle over airline tax breaks
Airlines are bracing for challenges to tax breaks they receive from U.S. states as a result of wading in to a political debate over voting rights, rekindling a domestic tug of war between politics and profits.

ANALYSTS' RECOMMENDATION
• Charles Schwab Corp: JPMorgan raises price target to $81 from $79, on better trading activity along with organic growth.

• CommScope Holding Company Inc: Jefferies raises price target to $15.50 from $12.50, following spin off of their Home Networks business (SpinCo) into an independent publicly-traded company.

• Okta Inc: BTIG raises rating to buy from neutral, saying that the acquisition with Auth0 has helped in long term opportunity and growth along with strong demand.


ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0830 (approx.) PPI Machine Manufacturing for Mar 2021: Prior 143.9
0830 (approx.) PPI final demand yy for Mar: Expected 3.8%; Prior 2.8%
0830 (approx.) PPI final demand mm for Mar: Expected 0.5%; Prior 0.5%
0830 (approx.) PPI exfood/energy yy for Mar: Expected 2.7%; Prior 2.5%
0830 (approx.) PPI exfood/energy mm for Mar: Expected 0.2%; Prior 0.2%
0830 (approx.) PPI ex food/energy/transport yy for Mar: Prior 2.2%
0830 (approx.) PPI ex food/energy/transport mm for Mar: Prior 0.2%
1000 (approx.) Wholesale inventory, R mm for Feb: Expected 0.5%; Prior 0.5%
1000 (approx.) Wholesale sales mm for Feb: Prior 4.9%


COMPANIES REPORTING RESULTS
No major S&P 500 companies are scheduled to report for the day.


CORPORATE EVENTS (All timings in U.S. Eastern Time)
1100 Afya Ltd: Q4 earnings conference call
1200 PriceSmart Inc: Q2 earnings conference call


EX-DIVIDENDS
Bank Ozk: Amount $0.28
Global Net Lease Inc: Amount $0.40
Hormel Foods Corp: Amount $0.24
Intuit Inc: Amount $0.59
Lincoln National Corp: Amount $0.42
McCormick & Company Inc: Amount $0.34
OGE Energy Corp: Amount $0.40
Universal Corp: Amount $0.77

Goedemorgen
De markt draait momenteel op de tech aandelen die het plots weer heel goed doen, vooral die grote spelers komen plots helemaal terug na de grote terugval. De Nasdaq 100 zien we al bijna bij de hoogste stand ooit want deze index is behoorlijk afhankelijk van de BIG-5 die het plots zo goed doen.

De DAX had er wat meer moeite mee gisteren terwijl de AEX nog wel in de plus wist af te sluiten. We zien ook een nieuw recordslot voor de SP 500, de Dow Jones laat een reeks gelijke toppen zien zodat we met vragen zitten voor het vervolg van de Dow Jones. De Dow Transport verloor dan weer voor de 3e sessie op rij zodat we wat correctie ofwel moeite zien bij de oude aandelen.

Indicatie markt vandaag:
De AEX laat een vlakke opening zien via de future, de DAX moet wat terug. Ook de futures op Wall Street doen niet veel voorbeurs, de S&P, Nasdaq 100 en Dow Jones futures draaien rond de slotstand van donderdag. Veel nieuws is er ook niet, het is wachten op de eerste cijfers die er komen over het 1e kwartaal van 2021. Vanaf volgende week zal dat op gang komen via de banken in de VS, woensdag 14 april JP Morgan en Goldman Sachs, donderdag 15 april Citigroup. Daarna zullen er in snel tempo meer bedrijven volgen met cijfers, vrijwel elke dag weer iets om naar uit te kijken na dat er deze week maar weinig was om op te wachten. Vandaag zo te zien een vlak verloop de laatste dag van deze week.

Resultaat dit jaar 2021 verloopt naar wens:
De maand maart werd positief afgerond en met december erbij komen we nu uit op 4 maanden na elkaar dat er winst werd behaald via de signalen die we naar de leden versturen. Deze manier van werken wil ik hoe dan ook proberen aan te houden, de markt krijg ik in ieder geval steeds beter onder controle en ik probeer met kleine posities zo als goed mogelijk te werken voor de leden, we doen dat in beide richtingen als dat kan.

Voor deze maand zie ik in ieder geval weer genoeg mogelijkheden om op te handelen. We starten de maand april al op en ik heb een bepaalde visie waar we iets moois mee kunnen doen !!

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. 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 nog geen verandering ten opzichte van de afgelopen dagen, we zien dat de Dow Jones nog altijd in de buurt van het record blijft hangen terwijl de S&P 500 op slotbasis weer een nieuwe hoogste stand ooit neerzet. Technisch blijft het nog altijd goed en sterk op Wall Street tot er een definitieve top komt te staan, vanaf dat moment moeten we op gaan letten. Pas als de indices daarna 2 tot 3% inleveren moeten we ons zorgen beginnen te maken voor het vervolg op de korte termijn. De Dow Jones en de S&P 500 blijven in ieder geval ook nog ruim boven hun 20-MA en 50-MA (MA = daags gemiddelde) en staan nu al een hele lange periode boven hun 200-MA.

De technologie indices (de Nasdaq, de Nasdaq 100 en de SOX index) herpakken zich sterk de afgelopen week en lijken onderweg om hun record niveaus op te zoeken. Het zijn nu vooral de bekende TOP-8 aandelen waar ik het altijd over heb die een sterke reeks neerzetten. Na de stevige rally van de afgelopen week staan zowel de Nasdaq als de Nasdaq 100 weer ruim boven hun 20- en 50-MA, nu maar eens zien of ze die stijging door kunnen zetten de komende sessies richting hun recordstand ...

Technische conditie AEX en DAX:

AEX index:
Ook bij de AEX nog weinig verandering op dit moment, we zien zowel op de korte als op de langere termijn een uitbraak sinds vorige week. De uitbraak was meteen krachtig en ging zelfs even door tot de zone 715-718 punten waar we nu weerstand kunnen verwachten. Je kon er ook al op wachten omdat dan de weg open lag na de grote uitbraak boven die zware weerstand die er al lag sinds het jaar 2000, de index breekt dus door de oude top en dat opende meteen mogelijkheden om hogere toppen neer te zetten wat dan ook gebeurde.

Bij een verder positief verloop verwacht ik de index nu richting de 715-718 punten en later tot rond de 725 punten. Aan de andere kant kan er ook snel een terugtest van de 702-703 punten zone. Onder die oude top ofwel onder de 702 punten ziet het er slecht uit maar dat zien we de komende dagen wel. Let nu dus op de 718, de 725, de 735 en zelfs de 765 punten als weerstand. Steun nu de 702, de 690 en de 675 punten.

DAX index:
De DAX doet het ook nog altijd goed en blijft op slotbasis dicht bij het record en de weerstand door de lijn over de toppen vanaf november hangen, de uptrend bij de DAX zien we nog steeds duidelijk op de grafiek hieronder. Het doel rond die 15.000 punten werd behaald en de stijging zette verder, de volgende richtpunten zijn nu eerst de 15.300 en de 15.450 punten mocht de index verder oplopen. Aan de andere kant zijn vrijwel alle indices, dus ook de DAX, rijp voor een grotere correctie. Steun nu rond het 20-MA dat nu rond de 14.775 punten uitkomt, later de 14.450 punten (recente bodems) en de 14.325 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 in de problemen komt. Even een terugval lijkt me nu logisch, daarna kan er mogelijk nog een nieuwe stijging op gang komen met weer nieuwe records.

Euro, olie en goud:
De euro zien we nu rond de 1.19 dollar, de prijs van een vat Brent olie komt uit op 63 dollar terwijl een troy ounce goud nu op 1750 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 ...

Nu lid worden tot 1 JUNI voor €39?
Blijven schakelen tussen long en short blijft belangrijk de komende weken. Ook deze maand (maart) krijgen we genoeg kansen. Doe nu in ieder geval mee met de proef aanbieding voor nieuwe leden, die loopt tot 1 JUNI en dat met een mooie korting !! ... Nu €39 tot 1 JUNI 2021 ... voor Polleke €49 tot 1 JUNI 2021 !!! Om u in te schrijven ga naar onze Tradershop https://www.usmarkets.nl/tradershop

Met vriendelijke groet,
Guy Boscart

GLOBAL TOP NEWS
China's factory gate prices beat analyst expectations to rise at their fastest annual pace since July 2018 in March in the latest sign that a recovery in the world's second-largest economy is gathering momentum.

The U.S. Federal Reserve plans to keep its super-easy policy in place even as data shows the economy kicking into higher gear, with policymakers predicting on Thursday that an expected increase in prices this year will fade on its own, and warning about the recent uptick in COVID-19 infections.

Roughly 500 ballots submitted in Amazon.com’s landmark union election have been challenged in a contest that will determine whether an Alabama warehouse becomes the online retailer’s first organized workplace in the United States, people familiar with the matter said.


EUROPEAN COMPANY NEWS
Australia has doubled its order of the Pfizer COVID-19 vaccine, Prime Minister Scott Morrison said, as the country raced to overhaul its inoculation plan over concerns about the risks of blood clots with the AstraZeneca vaccine.

Low-cost carrier Wizz Air has replaced its flight operations chief after he was apparently recorded telling his team to draw up a redundancy list of pilots who were often sick or "caused grief" while sparing cheaper contract crew.

Spanish infrastructure group ACS has approached Atlantia about taking a stake in the Italian group's motorway unit, the Rome-based conglomerate said on Thursday.


TODAY'S COMPANY ANNOUNCEMENTS
Ferrovial SA Annual Shareholders Meeting
Industrivarden AB Q1 2021 Earnings Release
Nobina AB (publ) Q4 2021 Earnings Release
Online Blockchain PLC Shareholders Meeting
Orient Telecoms PLC Shareholders Meeting
Rio Tinto PLC Annual Shareholders Meeting
Straumann Holding AG Annual Shareholders Meeting
Vicat SA Annual Shareholders Meeting


ECONOMIC EVENTS (All times GMT)
0545 Switzerland Unemployment Rate Unadjusted for Mar: Expected 3.6%; Prior 3.6%
0545 Switzerland Unemployment Rate Adjusted for Mar: Expected 3.6%; Prior 3.6%
0600 (approx.) Germany Industrial Output mm for Feb: Expected 1.5%; Prior -2.5%
0600 (approx.) Germany Industrial Production yy SA for Feb: Prior -3.80%
0600 (approx.) Germany Exports mm SA for Feb: Expected 1.0%; Prior 1.4%
0600 (approx.) Germany Imports mm SA for Feb: Expected 2.4%; Prior -4.7%
0600 (approx.) Germany Trade Balance SA for Feb: Expected 20.0 bln EUR; Prior 22.2 bln EUR
0600 (approx.) Germany Current Account - Balance NSA for Feb: Prior 16.9 bln EUR
0645 France Industrial Output mm for Feb: Expected 0.5%; Prior 3.3%
0700 Spain Industrial Output Cal Adjusted yy for Feb: Expected -1.3%; Prior -2.2%
0730 (approx.) United Kingdom Halifax House Prices mm for Mar: Prior -0.1%
0730 (approx.) United Kingdom Halifax House Prices yy for Mar: Prior 5.20%
0730 Sweden House Prices for Mar: Prior 2%
0800 (approx.) Italy Retail Sales SA mm for Feb: Prior -3.00%
0800 (approx.) Italy Retail Sales NSA yy for Feb: Prior -6.80%
1000 (approx.) Portugal Global Trade Balance for Feb: Prior -3.104 bln EUR
1000 (approx.) Portugal Trade Balance 1-Month for Feb: Prior -0.834 bln EUR