Liveblog Archief woensdag 19 januari 2022

Beste beleggers,

De start van het nieuwe jaar hebben we niet gemist, er staat al een mooi resultaat en een goed begin is altijd mooi meegenomen. Veel hebben we niet moeten doen, alleen een paar keer op een goed momentum instappen met nog altijd kleine en dus veilige posities. Met de volatiliteit in deze markt kan dat makkelijk, niet de aantallen ofwel het bedrag dat we gebruiken maar wel de beweging van de markt zorgt ervoor dat we met weinig ook een en ander kunnen ondernemen. Er komen dus meer mogelijkheden aan, het is weer wachten op een momentum.

Vanaf nu kunt u zich inschrijven via de nieuwe aanbieding die loopt tot 1 APRIL en dat voor €35, er lopen nu geen posities dus met het volgende signaal dat ik verstuur kunt u meteen instappen.

Ga naar de Tradershop en kies een abonnement, de link is https://www.usmarkets.nl/tradershop

Zie hieronder het resultaat van deze maand en meteen ook het totaal voor dit jaar (2022)

Met vriendelijke groet,
Guy Boscart

TOP NEWS
• Bank of America profit jumps on M&A boost, loan growth
Bank of America reported a jump in fourth-quarter profit, benefiting from loan growth and a frenetic pace of global dealmaking activity that helped drive its investment banking business.

• UnitedHealth profit beats estimates on growth in health insurance unit
UnitedHealth beat market estimates for quarterly profit on strong demand for its health insurance business and growth in its health-services unit Optum.

• Airlines scramble to rejig schedules amid U.S. 5G rollout concerns
Major international airlines rushed to rejig or cancel flights to the United States ahead of a 5G wireless rollout on Wednesday that has triggered safety concerns, despite two wireless carriers saying they will delay parts of the deployment.

• British digital banking app Revolut launches U.S. stock trading
Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday, a move that will see it compete with online brokerages such as Robinhood Markets Inc and Charles Schwab Corp.

• Oil market headed for surplus as Omicron impact muted -IEA
Oil supply will soon overtake demand as some producers are set to pump at or above all-time highs, the International Energy Agency (IEA) said, while demand holds up despite the spread of the Omicron coronavirus variant.​


BEFORE THE BELL
Futures for Wall Street’s major indexes were up on upbeat earnings, while European equities steadied as strong earnings updates from luxury majors countered pressure from elevated U.S. Treasury yields. Oil prices rose after a fire at a pipeline from Iraq to Turkey briefly stopped flows. Gold edged up as the U.S. dollar was slightly down. Building permits and housing starts data is due later today.​


STOCKS TO WATCH
Results
• ASML Holding NV: The company forecast sales growth of 20% in 2022 despite a fire this month at its Berlin plant as the supplier to chipmakers reported better-than-expected fourth-quarter profit. The Dutch company said its fourth quarter net profit was 1.77 billion euros, higher than the 1.51 billion euros expected on average by analysts and up from 1.35 billion euros a year earlier. The earnings improvement was the result of better than expected margins of 54.2%, as sales of 5 billion euros were slightly below analyst estimates of 5.1 billion euros. ASML said it would continue to struggle to meet demand this year, and forecast first-quarter sales of 3.3-3.5billion euros. Separately, Intel has placed the first order with ASML for an advanced chipmaking machine that is still on the drawing board and won't be delivered for years, as semiconductor manufacturers look to get ahead in a booming industry.

• Bank of America Corp: The company reported a jump in fourth-quarter profit, benefiting from loan growth and a frenetic pace of global dealmaking activity that helped drive its investment banking business. For the quarter ended Dec. 31, the bank reported revenue, net of interest expense, of $22.1 billion, up 10% from last year. Profit rose to $6.77 billion, or 82 cents per share, from $5.21 billion, or 59 cents per share, a year earlier. Analysts on average had expected a profit of 76 cents per share.

• UnitedHealth Group Inc: The company beat market estimates for quarterly profit on strong demand for its health insurance business and growth in its health-services unit Optum. The insurance industry bellwether said members in its Medicare Advantage (MA) health plans for people older than 65 or with disabilities increased by 900,000 in 2021. UnitedHealth reported adjusted earnings of $4.48 per share, beating analysts' estimates of $4.31 per share. It reiterated its previously given forecast of adjusted profit of $21.10 to $21.60 per share in 2022.

Moves
• Wells Fargo & Co: The company named Derek Flowers as its new chief risk officer, leading all aspects of the lender's risk management systems, the bank said on Tuesday. Flowers replaces Mandy Norton, who served as the bank's chief risk officer since 2018 and is planning to retire in June. Flowers is a 24-year veteran bank employee who most recently was head of strategic execution and operation at Wells, a job focused on the banks' risk, control and regulatory priorities.​

In Other News
• Activision Blizzard Inc & Microsoft Corp: Activision's Chief Executive Officer Bobby Kotick has gone from defending his handling of sexual harassment and discrimination claims at the video game maker to preparing to walk away with a windfall of at least $390 million. The 58-year-old executive stands to receive the payday after clinching a deal on Tuesday to sell Activision to Microsoft for $68.7 billion, but the vast majority will come from the 3.95 million Activision shares he owns, regulatory filings show. He will miss out on a change of control payment because he doesn't own any unvested equities, which is uncommon for public company CEOs. Kotick plans to step down once the deal with Microsoft closes, which is expected in June 2023, a person familiar with the matter said. Had he stayed as Activision's CEO, he would have reported to Microsoft's gaming chief Phil Spencer, a far cry from running a standalone company.

• Alphabet Inc: Google said this week it would immediately improve enforcement of an age-sensitive ad policy after Reuters found ads for sex toys, liquor and high-risk investments in its search engine that should have been blocked under its efforts to comply with UK regulations. Britain started enforcing regulations last September aimed at protecting children from being tracked online. Google in response began modifying settings across its services in Europe and elsewhere for users younger than 18 years. Among the measures it had touted in August was "expanding safeguards to prevent age-sensitive ad categories from being shown to teens."

• Amazon.com Inc: Groups representing the descendants of South Africa's earliest inhabitants, the Khoi and San, went to court to try to halt construction of Amazon's new 70,000-square metre Africa headquarters on land they regard as sacred. The legal action is against the project developer Liesbeek Leisure Properties Trust, the City of Cape Town and Western Cape Province and a group of Khoi and San who support the development. The court case is due to last three days.

• BHP Group Ltd: The company joined rival Rio Tinto in warning of further disruptions from COVID-19, including labour shortages, and said the impact of the Omicron variant will last into the second half of its financial year. Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, partly due to tight labour market conditions. Still, BHP's second-quarter iron ore production from Western Australia rose 5% to 73.9 million tonnes, helped by strong performance at its Jimblebar mine and ramped up production at its $3.6-billion South Flank project.

• Credit Suisse Group AG: One of the largest shareholders of Credit Suisse has backed the embattled bank's new chairman, Axel Lehmann, the Tages-Anzeiger newspaper said. Harris Associates, the bank's third biggest investor with a stake of 5%, according to Refinitiv data, said it retained confidence in the bank and its strategic plan, Deputy Chairman David Herro told the paper.

• Ford Motor Co & Rivian Automotive Inc: Ford said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment in Rivian, following the electric-vehicle maker's blockbuster market debut in November. Ford, which is reporting its fourth-quarter results on Feb. 3, also said on Tuesday that it would reclassify its $900 million first-quarter 2021 non-cash gain on the Rivian investment as a special item. The reclassification will change the automaker's full-year adjusted earnings before interest and taxes (EBIT) guidance that was previously forecast between $10.5 billion and $11.5 billion including the gain.

• NortonLifeLock Inc: Britain's competition regulator has launched an investigation into whether a takeover by the U.S. cybersecurity firm of London-listed rival Avast will reduce choice for customers in the country. The Competition and Markets Authority said it had launched a merger inquiry, inviting comments from interested parties and giving a deadline of March 16 for a preliminary decision.

• Oracle Corp: The company opened a data centre in South Africa to provide local cloud services across Africa for the first time, joining the likes of Microsoft and Amazon in setting up facilities in the southernmost country on the continent. Africa will be the U.S. company's 37th "cloud region" - an area that allows customers to get faster access from a local data centre, in this case in Johannesburg. Though Oracle has no plans for more data centers in Africa this year, more could come next year as the company explores areas such as West Africa, Cherian Varghese, regional managing director for Middle East and Africa, told Reuters.

• SoFi Technologies Inc: The Softbank-backed U.S. online lender said on Tuesday it received regulatory approvals to become a national bank, lifting its shares from a one-year low. The company said in a statement the Office of the Comptroller of the Currency and the Federal Reserve approved its application to operate as a bank and it expects to do so next month. In after-market trade shares leapt about 19% to $14.40 from a closing price of $12.06, which was a more than one-year low.

• Sony Group Corp: Shares in Japan's Sony fell after gaming rival Microsoft said it will buy developer Activision Blizzard in a record $68.7 billion deal for the industry. "Sony will have a monumental challenge on its hand to stand its own in this war of attrition," wrote Amir Anvarzadeh, a market strategist at Asymmetric Advisors who recommends shorting the stock, in a note to clients.

• Southwest Airlines Co: The company was sued for $10 million on Tuesday by a 68-year-old Florida woman who said the carrier ejected her from a flight because she periodically needed to remove her mask to drink water. Medora Clai Reading said she was wrongly removed from a Jan. 7, 2021, flight to Palm Beach, Florida, from Washington, D.C. after a hostile flight attendant kept demanding that she keep her mask on despite medical issues, including a heart condition and low blood sugar, requiring that she stay hydrated. Southwest had no immediate comment, having yet to review the complaint.

• Teva Pharmaceutical Industries Ltd: The company has agreed to pay $420 million to settle shareholder litigation alleging the company hid an anti-competitive scheme to fix the price of generic drugs. The settlement was disclosed on Tuesday in papers filed in federal court in Connecticut. The company did not admit to wrongdoing. Teva spokesperson Kelley Dougherty said the "vast majority" of the settlement will be funded by the company's insurers.


ANALYSIS
High U.S. meat prices: packer profiteering or capacity crunch?
The Biden administration is targeting a small group of meat packers for high beef, pork and poultry prices that it says are squeezing consumers and fueling inflation, arguing that they are abusing their market power.


ANALYSTS' RECOMMENDATION
• Goldman Sachs Group Inc : Jefferies cuts target price to $424 from $479, to account for reduced buybacks and higher provision for credit losses.

• Microsoft Corp: CFRA raises target price to $402 from $388, as the deal to buy Activision Blizzard Inc is expected to be materially accretive to EPS.

• Silvergate Capital Corp: JPMorgan cuts target price to $200 from $300, after the company posted a sizable miss on net interest income in its fourth-quarter results​


ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0830 (approx.) Building permits number for Dec : Expected 1.701 mln; Prior 1.717 mln
0830 (approx.) Build permits: change mm for Dec : Prior 3.9%
0830 (approx.) Housing starts number for Dec : Expected 1.650 mln; Prior 1.679 mln
0830 (approx.) House starts: change mm for Dec : Prior 11.8%


COMPANIES REPORTING RESULTS
Comerica Inc: Expected Q4 earnings of $1.58 per share
Discover Financial Services: Expected Q4 earnings of $3.67 per share
Kinder Morgan Inc: Expected Q4 earnings of 26 cents per share
Morgan Stanley: Expected Q4 earnings of $1.91 per share
Prologis Inc: Expected Q4 earnings of 61 cents per share
State Street Corp: Expected Q4 earnings of $1.88 per share
United Airlines Holdings Inc: Expected Q4 loss of $2.11 per share


CORPORATE EVENTS (All timings in U.S. Eastern Time)
0800 Citizens Financial Group Inc: Q4 earnings conference call
0830 Morgan Stanley: Q4 earnings conference call
0830 Procter & Gamble Co: Q2 earnings conference call
0845 UnitedHealth Group Inc: Q4 earnings conference call
0900 US Bancorp: Q4 earnings conference call
0900 Concentrix Corp: Q4 earnings conference call
0930 Pinnacle Financial Partners Inc: Q4 earnings conference call
1000 State Street Corp: Q4 earnings conference call
1000 Fastenal Co: Q4 earnings conference call
1000 BOK Financial Corp: Q4 earnings conference call
1000 Comerica Inc: Q4 earnings conference call
1100 Bank of America Corp: Q4 earnings conference call
1200 Prologis Inc: Q4 earnings conference call
1630 Kinder Morgan Inc: Q4 earnings conference call
1700 Alcoa Corp: Q4 earnings conference call


EX-DIVIDENDS
Acuity Brands Inc: Amount $0.13
Caterpillar Inc: Amount $1.11
Zoetis Inc: Amount $0.32​

Goedemorgen,

Een slechte start van de week op Wall Street waardoor ook Europa mee naar beneden werd getrokken. Vooral de tech aandelen lagen weer onder druk, de Nasdaq verloor 2,5% terwijl de SOX index 4,5% verloor. De markt wisselt snel van richting momenteel en het gaat allemaal in een snel tempo. Dat maakt het ook zo moeilijk, op het moment dat je denkt in een bepaalde richting dan draait alles snel weer de andere kant op. Vanmorgen staan de futures weer wat lager, maar eens bekijken wat deze dag zal brengen wat betreft de beurzen.

Update woensdag 19 januari
Wall Street moest weer fors inleveren, vooral de Nasdaq en de Nasdaq 100 lagen onder druk met als gevolg dat de bodems van vorige week werden opgezocht. Ook de chip index liet een forse daling zien, de SOX verloor 4,5% en komt zo ook weer dicht bij de bodemzone van de afgelopen weken. Het wordt weer opletten vanaf nu, gaan de indices verder omlaag? Of krijgen we zoals vaker na een selloff een stevig herstel de komende 2-3 dagen? De tijd zal het leren, wel is het zo dat veel indices nu rond een belangrijke steun uitkomen en dat een draai naar omhoog snel op gang kan komen.

Vanmorgen kwamen de cijfers van ASML uit, die waren conform verwachting en het bedrijf kondigde aan dat ze het dividend gaan verdubbelen. Verder stromen de orders binnen maar de capaciteit blijft niet groot genoeg om de machines snel te maken. ASML zal dus volop blijven produceren, daar ligt het niet aan, door het tekort aan chips bestellen steeds meer producenten machines bij het bedrijf. Vandaag maar eens bekijken wat ASML zal doen, het aandeel weegt zwaar binnen de AEX en dus zal het verloop vandaag voor een groot deel bepaald worden door ASML.

Wat opviel is dat de grote banken in de VS weer fors moesten inleveren, gisteren kwam Goldman Sachs met cijfers en die werden niet goed ontvangen, het aandeel daalde met 7%. Verder liep de rente weer op in de VS, de 10 jaars rente ging naar bijna 1,9% terwijl de 30 jaars rente even tot 2,2% opliep. We zien vanmorgen dat de rente wat blijft hangen, het verloop van de rente is iets om in de gaten te houden want de tech aandelen zijn daar behoorlijk afhankelijk van momenteel.

De signaaldiensten:
We blijven vooral voorzichtig en werken met kleine posities door dat de volatiliteit nog altijd behoorlijk blijft. We proberen waar het kan wat te doen, niet met grote aantallen en ook niet met teveel posities gelijktijdig. We moeten voorzichtig blijven en altijd rekening houden met een counter beweging op een onverwacht moment. U kunt lid worden via de aanbieding die u hieronder ziet.

Meedoen met onze signalen kan nu via de aanbieding die loopt tot 1 april 2022. Schrijf u nu snel in tot 1 APRIL voor €35. Ga meteen naar onze Tradershop en kies uw abonnement via de link https://www.usmarkets.nl/tradershop

Marktoverzicht:
Wall Street sluit de eerste sessie van de week behoorlijk negatief, de indices staan meteen weer helemaal onderin de range en dan vooral de tech indices die er weer het minst goed vanaf kwamen. De Nasdaq bereikt de 15.500 punten opnieuw, de SOX index zien we rond de 3725 punten nu. De Nasdaq verloor 2,5% terwijl de SOX 4,5% in moest leveren. De Dow Jones sluit 1,5% lager terwijl de brede S&P 500 met 1,85% verlies ook een moeilijke start van de week achter zich laat.

Ook Europa verloor dinsdag, de AEX sluit 1,5% lager terwijl de DAX 1% verlies laat zien. Vooral de tech beladen indices hebben een moeilijke sessie achter de rug, let op de AEX de komende dagen want de index krijgt het nu moeilijk rond de 770 punten en moest er al even onder.

Dow Jones:
De Dow Jones zakt onder het 50-MA, onder de oplopende steunlijn en onder de horizontale steun die we alle 3 duidelijk zien op de grafiek. De Dow test zelfs al even de 35.250 punten, het verlies kwam uiteindelijk uit op 543 punten. Opletten vanaf nu wat betreft de Dow Jones, steun nu eerst de 35.250 punten met snel daaronder het 200-daags gemiddelde rond de 34.945 punten. Verder zien we rond de 34.750 punten nog steun, daar wacht de bodem van 20 december.

Weerstand zien we nu eerst rond de 35.500 punten met later het 50-daags gemiddelde rond de 35.820 punten. Later weerstand rond de 36.000 en de 36.250 punten.

AEX index:
De AEX drukt nu behoorlijk op de steunzone rond de 770 punten en moest er al even onder gedurende de sessie. De AEX verzwakt snel maar we zien telkens ook nog oplevingen van meerdere procenten tussendoor. Steun nu eerst die 770 punten met later de 763 punten steun door het 200-daags gemiddelde dat daar uitkomt nu. Verder steun rond de bodems van december, oktober en augustus die wacht rond de 750-755 punten.

Weerstand nu eerst rond de 780-782 punten, later rond de 790-792 en de 795-796 punten. Tijdens herstel kan de AEX daar snel naartoe, dalingen verlopen snel maar oplevingen ook.

DAX index:
De DAX sluit net onder de belangrijke steun die we zien rond de 15.810 punten, de index geraakte zelfs even tot rond de 15.670 punten maar wist zich daarna weer wat te herpakken. De DAX staat nu onder de eerste belangrijke steun, we moeten daarom opletten de komende sessies. Kan de DAX zich herpakken? Of zakt de index verder richting eerst de 15.650 of de 15.500 punten steun.

Weerstand nu eerst die 15.810 punten, later de 16.000-16.050 punten. Daarna de topzone net onder de 16.300 punten als weerstand.

Nasdaq Composite:
De Nasdaq kreeg er weer van langs en zakt meteen weer terug tot rond de 14.500 punten waar de bodem van vorige week uitkomt. De Nasdaq blijft onder druk staan, dat zien we duidelijk op de grafiek hieronder. Er zitten stevige hersteldagen tussen maar de index lukt het niet meer om een vorige top te doorbreken. De bodem ligt nu wel iets onder die van vorige week, dus we moeten opletten vanaf nu voor het vervolg.

Steun nu eerst de 14.400 punten en de zeer belangrijke 14.210 punten waar we eerder vaak op zijn afgeketst. Weerstand zien we rond de 14.750 en de 14.900 punten. Later weerstand rond de 15.200-15.250 punten weerstand.

Overzicht resultaat dit jaar (2021):
De eerste winst voor dit jaar staat er in ieder geval al en ik zoek naar nieuwe kansen de komende dagen. Wordt op tijd lid van een signaaldienst naar uw keuze, dan ontvangt u meteen de signalen en doet u mee.

Meedoen met onze signalen kan nu via de aanbieding die loopt tot 1 april 2022. Schrijf u nu snel in tot 1 APRIL voor €35. Ga meteen naar onze Tradershop en kies uw abonnement via de link https://www.usmarkets.nl/tradershop

Overzicht resultaten dit jaar (2022)

Met vriendelijke groet,
Guy Boscart