Liveblog Archief woensdag 28 juli 2021
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Een mooie aanbieding tot 1 oktober voor €35 !!
Via rustig handelen, niet teveel transacties en vooral met niet al te grote posities doen we het dit jaar stap voor stap goed met met onze signaaldiensten, op alle abonnementen staan we deze maand op een mooie winst en het wordt de 8e maand op rij dat we de maand met een goed resultaat afronden. Veel signalen versturen we niet, wel probeer ik steeds een goed momentum te kiezen om de posities op te nemen en die laten we dan ook een tijdje open staan tot er een redelijke winst staat. We werken met geen al te grote bedragen en om alle posities goed mee te kunnen doen is dat op zich een bedrag dat voor iedereen goed te doen is.
Wie met meer mee wil handelen kan doen naar eigen inzicht, de aangegeven aantallen kunt u dan evenredig hoger nemen maar probeer vooraf wel te bepalen met hoeveel u mee wilt doen en probeer u dan ook aan deze strategie te houden. Ik lever de signalen, u kiest er zelf voor met hoeveel u mee wenst te doen. Meedoen kan natuurlijk ook met andere instrumenten die u zelf kiest, het gaat om het signaal op de index die we kiezen.
Als u de signalen wilt ontvangen wordt dan vandaag nog lid van Systeem Trading of een ander abonnement door u in te schrijven via de nieuwe aanbieding voor €35 die loopt tot 1 oktober ...
Zo ziet u hieronder het resultaat voor deze maand JULI en over het hele jaar vanaf 1 januari, zoals u kunt zien halen we ook deze maand met voorzichtig handelen een mooi resultaat. Bij Guy Trading kijk ik ook naar wat aandelen waar we wat mee kunnen doen. 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):
Met vriendelijke groet,
US Markets Trading
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• Blip or bad moon rising? Fed meets amid COVID-19 surge, inflation jitters
The Federal Reserve will conclude its latest policy meeting on Wednesday weighing the risks of a COVID-19 resurgence in the United States and a potentially slower economic recovery against a developing inflation threat that had been its main focus.
• Pfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 billion
Pfizer raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.
• Bristol Myers sees return to growth for Opdivo, tops estimates
Bristol Myers Squibb reported second quarter earnings that topped Wall Street estimates, as sales of flagship cancer treatment Opdivo returned to growth after missing estimates in the previous quarter.
• Health insurer Humana's profit falls 68% on higher medical costs
Humana reported a 67.8% fall in second-quarter profit, pressured by higher medical costs as vaccinated Americans opted for elective medical care that had been put on hold due to the pandemic.
• U.S. studies plan to pay fishing industry for offshore wind impacts
The Biden administration is considering ways to ensure the U.S. commercial fishing industry is paid for any losses it incurs from the planned expansion of offshore wind power in the Atlantic Ocean, according to state and federal officials involved in the matter.
BEFORE THE BELL
U.S. stock index futures were muted, while investors were in a wait-and-watch mode ahead of the Federal Reserve's monetary policy decision. European stocks gained on encouraging earnings reports. Japan’s Nikkei fell, as concerns about rising coronavirus cases soured sentiment. Gold prices held steady as investors held back from making large bets and the dollarfirmed. Oil rose ahead of an industry report expected to show U.S. crude inventories fell more than expected. Goods trade balance and wholesale inventories numbers are expected on the U.S. economic calendar later in the day. Facebook, Ford Motor and Qualcomm are scheduled to report earnings after market close.
STOCKS TO WATCH
• Advanced Micro Devices Inc: The global semiconductor company forecast current-quarter revenue above Wall Street expectations on Tuesday, as it sees strong demand for its chips used in data centers and gaming consoles. AMD Chief Executive Officer Lisa Su said that though supply chain is tight, the company have been planning well with its partners. "We do have confidence that we can continue to grow substantially as we go into the second half of this year and into 2022 with the supply chain," said Su. AMD projected third-quarter revenue of about $4.1 billion, plus or minus $100 million, compared with analysts' estimates of $3.82 billion, according to Refinitiv IBES data. "We believe that the data center business will continue to be a strong driver for us into the second half of the year," Su told analysts on a conference call.
• Alphabet Inc: The Google parent's quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online. "Alphabet has benefited from the general return of ad spend to the market and especially the balance of that return, which is more focused on digital channels than pre-pandemic," said Tom Johnson, chief digital officer at WPP Mindshare. Alphabet said revenue from Google advertising rose nearly 70% to $50.44 billion during the second quarter ended June 30. Results "outperformed our expectations across all three lines of Google's ad business: search, Google Network, and YouTube," said Nicole Perrin, eMarketer principal analyst at Insider Intelligence. "YouTube was the fastest-growing segment during the quarter and points to the continued strength of video advertising for both direct response and brand goals."
• Apple Inc: The company said on Tuesday that a global chip shortage that has bit into its ability to sell Macs and iPads will start to affect iPhone production and forecasted slowing revenue growth, sending its shares lower. Apple executives said revenue for the current fiscal fourth quarter will grow by double-digits but be below the 36.4% growth rate in the just-ended third quarter. Growth will also slow in Apple's closely watched services business, they said. In a conference call with investors, Apple executives also said that while the impact of the chip shortage was less severe than feared in the third quarter, it will get worse in the fourth, extending to iPhone production. During the investor call, Chief Executive Tim Cook said that chips affected by the shortages are made with older technology but are still needed as supporting parts to make the company's flagship device, the iPhone. Driven by the better-than-expected iPhone sales, total revenue hit $81.43 billion, above analyst expectations of $73.30 billion, according to IBES data from Refinitiv.
• Barclays PLC: The British bank will pay out more than a billion dollars in dividends and buybacks to shareholders after beating first-half profit forecasts on strong investment banking fees and the release of cash set aside to cover bad loan charges. Barclays, which reported a near-quadrupling in first-half profits, said it would pay an interim dividend of 2 pence per share, equivalent to around 340 million pounds in total, after the Bank of England in July scrapped payout curbs. The bank reported profit before tax of 5 billion pounds for the six months to June 30, well above the consensus forecast of 4.1 billion pounds from analysts polled by the bank and up from 1.3 billion a year ago. Analysts said that while Barclays' first half results were strong, it would need to rein in those costs and put forward a convincing plan to improve revenues in the longer term.
• Banco Santander SA: The Spanish bank beat forecasts with a 35% jump in second-quarter underlying profit on the back of lower loan loss provisions, strong U.S. consumer business and a rise in mortgage lending in the UK market. The euro zone's second-biggest lender in terms of market value reported a net profit of 2.07 billion euros. "We are on track to outperform our profitability target for the year," Santander boss Ana Botin said in a statement. The bank also said it planned to return to its dividend payout ratio of 40% to 50% of ordinary earnings, following the lifting the cap on dividend payments by the ECB last week. Overall, second-quarter net interest income, a measure of earnings on loans minus deposit costs, rose 6.8% to 8.24 billion euros against the same period last year, with lending growth in the UK and Brazil offsetting pressure from low interest rates.
• Bristol Myers Squibb Co: The company reported second quarter earnings that topped Wall Street estimates, as sales of flagship cancer treatment Opdivo returned to growth after missing estimates in the previous quarter. Excluding one-time items, Bristol Myers reported earnings of $4.3 billion, or $1.93 per share, beating analyst estimates of around $4.2 billion and $1.89 per share, according to IBES data from Refinitiv. Bristol Myers reported second quarter revenues of $11.7 billion, 16% higher than in the same period last year, driven in part by sales of Opdivo that exceeded $1.9 billion for the quarter, 16% higher than in the quarter ended June 30, 2020. "The highlight that is driving that strong performance is Opdivo and its return to growth," said David Elkins, Bristol-Myers' chief financial officer.
• British American Tobacco PLC: The company backed its full-year outlook after reporting stronger-than-expected rise in first-half revenue, driven by strong demand for its vaping and oral nicotine products. E-cigarette revenue jumped 59% in the six months ended June 30, while it rose 63% and 38% for its Velo and glo tobacco heating products, respectively. The maker of Lucky Strike and Dunhill cigarettes kept its full-year forecast for overall sales growth of more than 5% sales and mid-single digit adjusted EPS growth in constant currency terms. BAT said cigarette sales jumped 5.8% in the first half, helped by higher prices and a resurgence in demand in emerging markets. It also revised its annual outook for the global cigarette industry, with volumes now expected to drop about 1.5% compared with a 3% decline it anticipated earlier.
• Bunge Ltd: The U.S. agricultural commodities trader raised its full-year adjusted profit outlook while reporting a 41% jump in its profit, driven by strength in its agribusiness. The company expects full-year 2021 adjusted income of at least $8.50 per share, up from its previous estimate of about $7.50 per share. Bunge's results offer a glimpse into how major grain traders around the world are emerging from the COVID-19 pandemic that triggered massive shifts in food and fuel demand as consumers cooked more meals at home and avoided unnecessary travel. Bunge said its adjusted net income rose to $398 million or $2.61 per share, in the quarter ended June 30, from $282 million or $1.88 per share, a year earlier.
• Deutsche Bank AG: The bank delivered a fourth consecutive quarterly profit for the first time in nearly a decade and raised its revenue outlook despite a decline in business at its investment bank. Germany's largest lender's second-quarter profits beat expectations and outperformed rivals in fixed income trading. The results also benefited from a sharp drop in provisions for loans at risk of souring during the pandemic. The second-quarter profit figures are good news for CEO Christian Sewing, who launched a major restructuring in 2019 to return the bank to profitability after a string of regulatory failings and 8.2 billion euros ($9.7 billion) in losses over the past 10 years. Sewing said in a memo to staff: "The right strategy and hard work do pay off." Deutsche said it would now focus on a cost-to-income ratio target of 70%. CEO Sewing said: "Our priority now is to continue with our disciplined execution of transformation, quarter by quarter."
• Equinor ASA: The Norwegian company posted a sharp increase in second-quarter profit as prices of oil and gas rose, but its earnings fell short of expectations as its Norwegian unit missed forecasts. The company said it would begin the first phase of a long-planned share buyback, and aims to spend $300 million on the program by Sept. 28. "Strict capital discipline and a net cash flow of more than $4.5 billion reduced our net debt ratio to 16.4% and make us robust for volatility in commodity prices going forward," CEO Anders Opedal said in a statement. The net debt ratio fell from 24.6% in the first quarter. "Compared to the same quarter last year the renewables segment experienced lower winds for the offshore wind assets, partially offset by improved availability," Equinor said.
• Humana Inc: The health insurer reported a 67.8% fall in second-quarter profit, pressured by higher medical costs as vaccinated Americans opted for elective medical care that had been put on hold due to the pandemic. Health insurer spending on medical claims fell during the height of the pandemic as patients and hospitals put off non-urgent surgeries to soften the impact on the healthcare system. Humana's consolidated benefit ratio, the percentage of premiums spent on claims, worsened to 85.8% in the quarter from 76.4% last year. Analysts were expecting 86.32%, according to Refinitiv IBES data. The company said it was maintaining its 2021 adjusted earnings per share view, while acknowledging the heightened uncertainty surrounding the ongoing pandemic.
• LG Display Co Ltd: The South Korean company posted a better-than-expected second-quarter profit as pandemic-led demand for TVs and laptops drove up panel prices, pushing its shares up as much as 4.2% in morning trade. The display maker, whose customers include Apple, reported an operating profit of 701 billion won ($607 million) in the April-June quarter, beating an average analyst forecast of 599 billion won from Refinitiv SmartEstimate. "We are planning to operate our business on the assumption that IT panel prices might be partially mitigated and decline," Chief Financial Officer Suh Dong-hee told an earnings briefing, citing issues including competitors' panel production capacity and the parts supply situation. Market demand for LCD TVs was likely to decline more quickly than for IT devices, which would likely lead to weaker panel prices for LCD TVs, Suh said.
• Mattel Inc: The toymaker raised its full-year sales forecast on Tuesday, expecting sustained robust demand for its Barbie and Hot Wheels brands into the holiday season despite upcoming price hikes. Barbie sales have surged in the last year as people turned to the iconic dolls to keep their children entertained during pandemic-led lockdowns, while Mattel's push to make them more diverse with different skin tones and role models also struck a chord with customers. "It's more than a doll. It's a cultural icon and we continue to stay culturally relevant," Chief Executive Officer Ynon Kreiz told Reuters. "We do feel very good about the upcoming holiday season," Mattel's Kreiz said, despite the company raising prices in the second half of the year to cover higher commodity and transportation costs. The company said it expects full-year constant currency net sales to increase by 12% to 14%, compared with prior forecast of a 6% to 8% rise, driven by demand for dolls, cars and action figures.
• Microsoft Corp: The company posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services. Overall revenue rose 21% to $46.2 billion, beating analysts' consensus by about $2 billion, according to IBES data from Refinitiv. Microsoft's "guidance was off-the-charts strong and it shows the cloud growth story in Redmond is hitting its next gear," said Daniel Ives of Wedbush Securities. Microsoft projected strong growth for professional social network LinkedIn, which benefited during the quarter from robust advertising and a strengthening job market. The company reported earnings of $2.17 per share, above the consensus estimate of $1.92.
• Mondelez International Inc: The company raised its full-year organic revenue forecast on Tuesday, as more consumers snacked on the food giant's Oreo cookies and Cadbury chocolates across emerging markets including Brazil and China. "Mobility is increasing as restrictions ease, but at-home consumption remains elevated and it appears that higher levels of working from home and shopping online are here to stay," Chief Executive Officer Dirk Van de Put said on a call. "2021 constant-currency profit guidance was not raised, which came as a disappointment to some investors," J.P. Morgan analyst Ken Goldman said. Still, Mondelez forecast full-year organic net revenue growth of more than 4% versus its prior estimate for an over 3% increase. Total net revenues rose 12.4% to $6.64 billion, beating analysts' average estimate of $6.42 billion, according to IBES data from Refinitiv.
• Pfizer Inc: The drugmaker raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots. The company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year. The drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv. Since then, Pfizer has said it expects to produce as much as 3 billion doses this year.
• Rio Tinto PLC: The company logged a record first half performance, underpinned by soaring iron ore prices on strong demand from China, which led the global miner to pay out a bonanza of $9.1 billion in dividends. "It's an amazing result, even it is all driven by commodity prices," said Brenton Saunders, a portfolio manager at Pendal Group, a Rio investor. The company declared a special dividend of $1.85 per share and an interim dividend of $3.76 per share, beating expectations by around 6%, and more than tripling last year's total payout of $1.55 for the first half. "We expect another sizable dividend from Rio in 2H (the second half) as well. The capital return story here is compelling," Jefferies analysts said in a note. "We do think the second half is going to be stronger," Rio Tinto Chief Financial Officer Peter Cunningham told Reuters. "We certainly feel it was a tough first half, but we certainly feel that we are coming through that," he said.
• Starbucks Corp: The coffee chain forecast fourth-quarter sales above Wall Street estimates on Tuesday despite headwinds in China as travel restrictions related to COVID-19 loom longer than expected. Starbucks forecast comparable sales for its current quarter to grow 18% to 21%, expecting strength in the Americas. Analysts on average expect growth of 17.5%, according to IBES data from Refinitiv. Starbucks lowered its fiscal 2021 forecast for China sales growth to 18-20% from 27-32%, and it dropped its international sales forecast to 15-17% from 25-30%. The company's previous guidance for China had "assumed a shorter time frame for the lifting of travel restrictions and also less of the uncertainties that we have faced in the market," Wong said of the revision. The volatility is "only temporary" and the company is on track to add more than 600 net new stores in China this fiscal year, she said.
• Teladoc Inc: The company on Tuesday reported just a 1% rise in its membership - the lowest since the telehealth service provider went public in 2015 - as vaccine rollouts and easing COVID-19 related restrictions dampened demand for virtual healthcare. The company's lowest membership addition was previously 16% in the fourth quarter of 2018. Still, the company maintained its earlier forecast of U.S. paid membership to be in the range of 52 million to 54 million in 2021. The company also raised its full-year revenue forecast to between $2 billion and $2.03 billion, from $1.98 billion to $2.02 billion, citing more visits for non-infectious diseases and specialty care. Analysts' expectation stood at $2.01 billion.
• Thermo Fisher Scientific Inc: The company raised its full-year 2021 outlook, boosted by revenue from its life sciences unit which makes raw materials for COVID-19 vaccine production and strong demand for its analytical instruments. The company is betting on sustained demand for raw materials to help blunt the blow from a widely expected slowdown in COVID-19 testing as vaccinations gain steam worldwide. The company raised its 2021 revenue forecast by $300 million to $35.90 billion and now expects adjusted profit of $22.07 per share, compared to its previous forecast of $21.97 per share. Its net income rose to $1.83 billion, or $4.61 per share, for the quarter ended July 3, from $1.16 billion, or $2.90 per share, a year earlier.
• Visa Inc: The company beat estimates for quarterly profit on Tuesday, with domestic spending almost back to pre-pandemic levels and international travel on the road to recovery as rising vaccinations and reopening economies take effect. Visa reported a 34% jump in third-quarter payment volumes on a constant dollar basis, while the number of transactions processed surged 39%. "In our domestic businesses, we are pretty much back to where we were, had the pandemic never happened," Chief Financial Officer Vasant Prabhu told Reuters. "The one area of our business that is still not back to where it was is cross-border travel. That is the next stage of recovery," he said. Total revenue climbed 27% to $6.13 billion. Assuming July trends continue, Visa's fourth-quarter net revenue growth is expected to be in line with the third quarter, Prabhu said.
• Dole Plc: The company slashed the marketed price range for its initial public offering (IPO) in the United States, a move that reduced the fruit and vegetable grower's targeted valuation by more than $400 million. The company said it plans to price its shares between $16 and $17 apiece, compared with the previous range of $20 and $23 per share. It would be valued at $1.7 billion at the top end of the new range. Dole, however, increased the size of its offering to about 30.3 million shares from 26 million shares. The company plans to list on the New York Stock Exchange under the symbol "DOLE." Goldman Sachs, Deutsche Bank Securities and Davy are the lead underwriters for the offering.
• ProPetro Holding Corp: The hydraulic fracturing firm on Tuesday said Sam Sledge would become its new chief executive officer, replacing Phillip Gobe, who had headed the company following the exit of its founder last year. Gobe will transition to executive chairman, ProPetro said. Sledge had last served as president of the company. He was one of the few executives to remain with ProPetro following a slew of leadership changes that started following the disclosure of an internal investigation into expenses and internal controls, and eventually a probe by the U.S. Securities and Exchange Commission into its financial disclosures. The company on Tuesday also appointed Adam Munoz to the role of president and chief operating officer. He'd previously been chief operating officer.
Deals Of The Day
• Citizens Financial Group Inc & Investors Bancorp Inc: Citizens Financial said it will buy New Jersey-based bank holding company Investors Bancorp in a cash-and-stock deal valued at $3.5 billion. Investors Bancorp shareholders will get $1.46 in cash and 0.297 of Citizens' stock for each share held, according to the terms of the deal. Based on the last closing price, the deal represents a premium of over 12% for Investors Bancorp shareholders. The banking sector has seen a number of mergers in recent years, with the value of M&A among commercial, savings and investment banks reaching $54.66 billion by November 2020, the highest since 2009, according to data from Dealogic. After the deal closes, Investors Bancorp Chief Executive Officer Kevin Cummings will join the board of Citizens Financial, the companies said.
• Restaurant Brands International Inc: Buyout fund Cinven has bought a majority stake in Restaurant Brands International's unit in the Iberian peninsula, in a deal valuing RB Iberia at 1 billion euros, the companies said in a joint statement. The founders of Restaurant Brands Iberia and Burger King Europe GmbH - the European branch of the fast-food chain - will retain a minority stake in the Iberian unit, and the current executive team will stay in place, the statement added. Spaniards' growing appetite for restaurant meals and fast food, and the pandemic-induced boom in digital food delivery are favourable market trends able to shore up substantial growth for RB Iberia, the companies said. "This is an attractive opportunity for primary investment: (RB Iberia) has a solid strategic position in the growing market of fast food in the Iberian peninsula and we're delighted to join forces... to accelerate its growth," Cinven partner Jorge Quemada said.
In Other News
• Airbnb Inc, Coca-Cola Co, Intel Corp, Visa Inc & Procter & Gamble Co: A bipartisan Congressional panel blasted U.S.-based corporate sponsors of the 2022 Beijing Winter Olympics on Tuesday, including Coca-Cola, Visa and Airbnb, accusing them of putting profits ahead of accusations of genocide in China. Republican Congressman Chris Smith told the Congressional-Executive Commission on China hearing that the sponsors needed to reconcile their "ostensible commitment to human rights" with subsidizing an Olympics where the host country is "actively committing human rights abuses". Smith asked each of the executives at the hearing - from Airbnb, Coca-Cola, Intel, Visa and Procter & Gamble - whether the games should be relocated or postponed due to concerns over human rights violations. All of them declined to opine, or said they had no responsibility over site selection. "We do not make decisions on these host locations. We support and follow the athletes wherever they compete," Coca-Cola's global vice president for human rights Paul Lalli said.
• Amazon.com Inc: Rivian plans to invest $5 billion initially in its second U.S. electric vehicle assembly plant, according to a company document shared with state economic development officials. The plant, dubbed "Project Tera," requires an estimated 10,000 acres of land according to a revised economic development document seen by Reuters, but economic development officials said finding a piece of land that large would be highly unlikely. The initial proposal seen by Reuters did not identify Rivian by name and said the facility required only 2,000 acres. The target date to start production at the Rivian plant is the second quarter of 2023 with construction beginning in the fall of 2021, according to the revised proposal. However, several people familiar with the matter said the COVID-19 pandemic will likely delay that timeline by up to six months.
• AstraZeneca PLC: The drugmaker's COVID-19 vaccine carries a small extra risk of rare blood clots with low platelets after the first dose and no extra risk after the second, a study led and funded by the drugmaker showed, after worries over side-effects. The study, published in the Lancet medical journal, found that the estimated rate of thrombosis with thrombocytopenia syndrome (TTS) after the first dose was 8.1 per million in those inoculated, AstraZeneca said. After the second dose of the vaccine, branded Vaxzevria and invented by Oxford University, the rate was 2.3 per million, comparable to that seen in unvaccinated people, the Anglo-Swedish company added. The findings evaluated cases reported as of April 30 that occurred within 14 days of receiving the first or second dose, using AstraZeneca's global safety database, it said.
• eBay Inc: A former supervisor for security operations at the company was sentenced on Tuesday to 18 months in prison for his role in a cyberstalking campaign that targeted a Massachusetts couple whose online newsletter was viewed as critical of the e-commerce company. Federal prosecutors in Boston said Philip Cooke, a retired police captain in Santa Clara, California, and other employees participated in a scheme to harass the couple through Twitter and by sending them disturbing packages, including live cockroaches. U.S. District Judge Allison Burroughs called the employees' actions "really abominable" as she sentenced Cooke, who must also serve a year of home detention and pay a $15,000 fine. "It's almost unfathomable to me," Burroughs said. "I'm not sure if I saw it on television I would find it believable."
• GameStop Corp & AMC Entertainment Holdings Inc: S&P Dow Jones Indices said on Tuesday GameStop, one of the hottest and most visible 'meme stocks', will join the S&P MidCap 400 index next week. GameStop's shares have surged more than nine fold this year, helped by a social media hype and was the spark in January for a battle casting hedge fund short-sellers against a pack of small-time investors organizing online. The company, currently a part of S&P SmallCap 600, will replace Weingarten Realty Investors in the S&P MidCap 400. Lakeland Financial will take GameStop's place in the S&P SmallCap 600. GameStop, like others meme stocks that have lit up Wall Street since January, has sold millions of dollars in new stock. Separately, Robinhood Markets disclosed on Tuesday it has received inquiries from U.S. watchdogs asking whether employees traded GameStop and AMC Entertainment before the online broker publicly announced it was restricting trading in those and other meme stocks on Jan. 28.
• GlaxoSmithKline PLC & Vir Biotechnology Inc: The European Union has signed a contract with the drugmaker for the supply of up to 220,000 treatments of its investigational monoclonal antibody therapy sotrovimab against COVID-19, it said. The drug, which is being developed together with U.S. firm Vir Biotechnology, can be used for the treatment of high-risk coronavirus patients with mild symptoms who do not require supplemental oxygen, the Commission said. GSK confirmed the deal in a statement, saying it represented "a crucial step forward for treating cases of COVID-19" in Europe. The drug is currently being assessed by the European Medicines Agency (EMA) under a rolling review. The contract has been signed by 16 of the 27 EU states, which could buy the drug only after it is approved by EMA or by national drug regulators.
• KKR & Co Inc: Spark Infrastructure agreed to open its books to a consortium that includes private equity giant KKR after the group tabled a third buyout offer, valuing the Australian electricity infrastructure investor at A$5.13 billion ($3.78 billion). The group, which also includes Ontario Teachers' Pension Plan Board, raised its price to A$2.95 per share from A$2.80, a 13.5% premium to Spark's last close. The company considers it would be in the interest of security holders to engage further with the group, Spark said in a statement. Spark said it had agreed to provide the consortium with due diligence on a "non-exclusive basis".
• Moderna Inc & Pfizer Inc: Italian regulators approved the use of Moderna's COVID-19 vaccine for children 12-17 years old, making it the second shot endorsed for adolescents, alongside that of Pfizer. Italian drug agency AIFA said it had endorsed the vaccine Spikevax for teens, fully accepting the recommendation made by the European Medicines Agency (EMA) on July 23. "The available data demonstrate the efficacy and safety of the vaccine also for subjects in this age group," Aifa said in a statement. Meanwhile, the U.S. government said four million doses of the Moderna COVID-19 vaccine will go to Nigeria and 5.66 million doses of the Pfizer vaccine to South Africa.
• Shopify Inc: The company has filed for an up to $10 billion mixed shelf offering, which gives Canada's most valuable company the flexibility to raise funds by the issuance of a range of securities, including debt and equity, the company said on Tuesday. Ottawa-based Shopify, which is Canada's largest e-commerce platform, made the disclosure in a filing with the U.S. Securities and Exchange Commission. Shopify said the use of proceeds from any expected offering will be set forth in the applicable supplementary prospectus relating to the offering. These include class A shares, preferred shares, warrants, and debt securities, among others. The filing also said the company "will not receive any proceeds from any sales of Securities offered by a selling securityholder."
• TotalEnergies SE: The company said it has agreed to buy Singapore's largest electric vehicle charging network from fellow French firm Bollore Group. Known as 'Blue Charge', the network consists of more than 1,500 charge points installed in the city-state and represents about 85% of the charge points operating in Singapore. Terms of the deal were not disclosed. The energy giant is also developing EV charging infrastructure in other cities such as Paris, Amsterdam, London and Brussels.
• Twitter Inc: The social media company is fast losing its sheen as a favoured communications tool for many Indian government departments and ministers keen to promote home-grown rival Koo while the U.S. firm comes under fire for non-compliance with India's laws. The most high-profile example has been India's new IT minister Ashwini Vaishnaw. Taking office this month, he opened a new Koo account and soon after announced a review of social media firms' compliance with strict new rules - information not posted to his 258,000 Twitter followers. "The idea is to create an alternative to Twitter," said one government official in media relations, declining to be identified as he was not authorised to speak on the matter.
• Union Pacific Corp: The top U.S. railroad operator said on Tuesday that the Dixie fire in California had reached a main railway line in Plumas County, making it unsafe to run trains and forcing a temporary closure. In an update shared with customers and seen by Reuters, the company said it had not set a time for the reopening of the railway line which runs from Keddie to Portola, adding that its engineering team was assessing track damage caused by the fire. Union Pacific also said the Dry Canyon Bridge, north of Redding, which had sustained "significant structural damage" due to the recent Lava Fire, is expected to open mid-August.
• Valero Energy Corp, Phillips 66 & Marathon Petroleum Corp: U.S. oil refiners are set to post their first quarterly profit since the COVID-19 pandemic, even though higher oil prices and weaker margins in June have tamed analysts' optimism fostered by the rebound in fuel demand. The top three U.S. independent refiners - Valero, Phillips 66 and Marathon Petroleum - are projected to report combined net income of about $675 million in the second quarter. That would be down from $1.3 billion in profit forecast just 30 days ago, and analysts are concerned that the resurgence in coronavirus cases will undermine economic demand. "There is a fear that second quarter could be peak earnings for the group this year," said Cowen and Co analyst Jason Gabelman.
• Walmart Inc & Amazon.com Inc: Flipkart has asked India's Supreme Court to restrain the country's antitrust body after it asked sensitive questions in what the firm called an "invasive" investigation of its e-commerce operations. The request, in a court filing more than 700 pages long that has not been made public, illustrates the e-commerce giant's level of concern over the investigation, which has prompted public spats between U.S firms and the Indian government. In its investigation, which includes Amazon.com, the Competition Commission of India (CCI) sought a list of Flipkart's top sellers, online discounts and pacts with smartphone makers, among 32 questions it asked on July 15. Flipkart told the Supreme Court the details sought reinforced its fear of the "invasive nature" of the investigation, and asked it to put on hold both the information request and the overall investigation. Meanwhile, Amazon.com filed an appeal with India's top court against a state court's order that allowed an antitrust probe against the U.S. firm and Walmart's Flipkart to continue, according to source and court listings.
Tesla hikes electric car prices in U.S.; holds line in China
Tesla showed signs this week of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.
• Alphabet Inc: UBS raises target price to $3,190 from $2,600, reflecting ample room for advertisers to continue to diversify their spend across Google properties as digital ad spend continues to play catch up to the pandemic driven increase in ecommerce penetration.
• Chubb Ltd: JPMorgan raises target price to $184 from $177, saying the company’s scale, disciplined underwriting, and management’s nimble approach with product mix will help generate top-tier underwriting margins over time.
• Microsoft Inc: Goldman Sachs raises target price to $360 from $340, seeing a pathway for sustained double-digit topline growth alongside continued margin expansion, particularly as the Commercial Cloud business continues to grow as a percentage of the overall mix.
ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0830 (approx.) Advance goods trade balance for June: Prior -$88.16 bln
0830 (approx.) Wholesale inventories advance for June: Prior 1.3%
0830 (approx.) Retail inventories ex-auto advance for June: Prior 0.9%
1400 (approx.) Fed funds target rate for 28 July: Expected 0-0.25%; Prior 0-0.25%
1400 (approx.) Fed int on excess reserves for 28 July: Prior 0.15%
COMPANIES REPORTING RESULTS
Aflac Inc: Expected Q2 earnings of $1.27 cents per share
Align Technology Inc: Expected Q2 earnings of $2.53 cents per share
Amphenol Corp: Expected Q2 earnings of 55 cents per share
Avalonbay Communities Inc: Expected Q2 earnings of 66 cents per share
Boeing Co: Expected Q2 loss of 83 cents per share
Cincinnati Financial Corp: Expected Q2 earnings of 99 cents per share
Cognizant Technology Solutions Corp: Expected Q2 earnings of 96 cents per share
Duke Realty Corp: Expected Q2 earnings of 18 cents per share
Equinix Inc: Expected Q2 earnings of $1.85 cents per share
Everest Re Group Ltd: Expected Q2 earnings of $8.67 cents per share
Facebook Inc: Expected Q2 earnings of $3.03 cents per share
Ford Motor Co: Expected Q2 loss of 3 cents per share
Fortune Brands Home & Security Inc: Expected Q2 earnings of $1.40 cents per share
Hartford Financial Services Group Inc: Expected Q2 earnings of $1.34 cents per share
Hess Corp: Expected Q2 earnings of 18 cents per share
Hologic Inc: Expected Q3 earnings of $1.12 cents per share
Ingersoll Rand Inc: Expected Q2 earnings of 42 cents per share
Lam Research Corp: Expected Q4 earnings of $7.55 cents per share
Mid-America Apartment Communities Inc: Expected Q2 earnings of 58 cents per share
Norfolk Southern Corp: Expected Q2 earnings of $2.96 cents per share
O'Reilly Automotive Inc: Expected Q2 earnings of $7.56 cents per share
PayPal Holdings Inc: Expected Q2 earnings of $1.12 cents per share
PTC Inc: Expected Q3 earnings of 64 cents per share
Qualcomm Inc: Expected Q3 earnings of $1.68 cents per share
Raymond James Financial Inc: Expected Q3 earnings of $2.38 cents per share
Rollins Inc: Expected Q2 earnings of 18 cents per share
ServiceNow Inc: Expected Q2 earnings of $1.22 cents per share
TE Connectivity Ltd: Expected Q3 earnings of $1.58 cents per share
Teledyne Technologies Inc: Expected Q2 earnings of $2.82 cents per share
Tyler Technologies Inc: Expected Q2 earnings of $1.63 cents per share
UDR Inc: Expected Q2 earnings of 00 cents per share
United Rentals Inc: Expected Q2 earnings of $4.88 cents per share
Xilinx Inc: Expected Q1 earnings of 77 cents per share
CORPORATE EVENTS (All timings in U.S. Eastern Time)
0800 Evercore Inc: Q2 earnings conference call
0800 Booz Allen Hamilton Holding Corp: Annual Shareholders Meeting
0800 Bristol-Myers Squibb Co: Q2 earnings conference call
0800 Bunge Ltd: Q2 earnings conference call
0800 Spotify Technology SA: Q2 earnings conference call
0800 Dynatrace Inc: Q1 earnings conference call
0830 Teradyne Inc: Q2 earnings conference call
0830 Automatic Data Processing Inc: Q4 earnings conference call
0830 Silicon Laboratories Inc: Q2 earnings conference call
0830 Thermo Fisher Scientific Inc: Q2 earnings conference call
0830 New York Community Bancorp Inc: Q2 earnings conference call
0830 Eagle Materials Inc: Q1 earnings conference call
0830 Mcdonald's Corp: Q2 earnings conference call
0830 Affiliated Managers Group Inc: Q2 earnings conference call
0830 CME Group Inc: Q2 earnings conference call
0830 Travel + Leisure Co: Q2 earnings conference call
0830 Integra Lifesciences Holdings Corp: Q2 earnings conference call
0830 Tilray Inc: Q1 earnings conference call
0845 Norfolk Southern Corp: Q2 earnings conference call
0900 Owens Corning: Q2 earnings conference call
0900 General Dynamics Corp: Q2 earnings conference call
0900 Humana Inc: Q2 earnings conference call
0900 Euronet Worldwide Inc: Q2 earnings conference call
0900 Santander Consumer USA Holdings Inc: Q2 earnings conference call
0900 Ashland Global Holdings Inc: Q3 earnings conference call
0900 Driven Brands Holdings Inc: Q2 earnings conference call
0930 Stifel Financial Corp: Q2 earnings conference call
0930 Ovintiv Inc: Q2 earnings conference call
1000 Encompass Health Corp: Q2 earnings conference call
1000 Littelfuse Inc: Q2 earnings conference call
1000 Chemed Corp: Q2 earnings conference call
1000 Pfizer Inc: Q2 earnings conference call
1000 Enterprise Products Partners LP: Q2 earnings conference call
1000 Olin Corp: Q2 earnings conference call
1000 Old Dominion Freight Line Inc: Q2 earnings conference call
1000 Hess Corp: Q2 earnings conference call
1000 Rollins Inc: Q2 earnings conference call
1000 Hanover Insurance Group Inc: Q2 earnings conference call
1000 Boston Properties Inc: Q2 earnings conference call
1000 Principal Financial Group Inc: Q2 earnings conference call
1000 Generac Holdings Inc: Q2 earnings conference call
1000 STAG Industrial Inc: Q2 earnings conference call
1000 Wingstop Inc: Q2 earnings conference call
1030 IDEX Corp: Q2 earnings conference call
1030 Boeing Co: Q2 earnings conference call
1100 Equity Residential: Q2 earnings conference call
1100 Highwoods Properties Inc: Q2 earnings conference call
1100 Teledyne Technologies Inc: Q2 earnings conference call
1100 Eastgroup Properties Inc: Q2 earnings conference call
1100 Nov Inc: Q2 earnings conference call
1100 Vertiv Holdings Co: Q2 earnings conference call
1130 Prosperity Bancshares Inc: Q2 earnings conference call
1130 Moody's Corp: Q2 earnings conference call
1200 Ares Capital Corp: Q2 earnings conference call
1200 Hess Midstream LP: Q2 earnings conference call
1300 Amphenol Corp: Q2 earnings conference call
1300 Avery Dennison Corp: Q2 earnings conference call
1300 Extra Space Storage Inc: Q2 earnings conference call
1400 Penske Automotive Group Inc: Q2 earnings conference call
1630 Hologic Inc: Q3 earnings conference call
1630 ASGN Inc: Q2 earnings conference call
1630 Biomarin Pharmaceutical Inc: Q2 earnings conference call
1630 Align Technology Inc: Q2 earnings conference call
1630 Fortune Brands Home & Security Inc: Q2 earnings conference call
1630 Red Rock Resorts Inc: Q2 earnings conference call
1630 Altice USA Inc: Q2 earnings conference call
1630 Goosehead Insurance Inc: Q2 earnings conference call
1645 Qualcomm Inc: Q3 earnings conference call
1700 Pegasystems Inc: Q2 earnings conference call
1700 Cognizant Technology Solutions Corp: Q2 earnings conference call
1700 Cirrus Logic Inc: Q1 earnings conference call
1700 Ford Motor Co: Q2 earnings conference call
1700 PTC Inc: Q3 earnings conference call
1700 SS&C Technologies Holdings Inc: Q2 earnings conference call
1700 Lam Research Corp: Q4 earnings conference call
1700 Exact Sciences Corp: Q2 earnings conference call
1700 Facebook Inc: Q2 earnings conference call
1700 ServiceNow Inc: Q2 earnings conference call
1700 Inovalon Holdings Inc: Q2 earnings conference call
1700 PayPal Holdings Inc: Q2 earnings conference call
1730 Equinix Inc: Q2 earnings conference call
2000 Yum China Holdings Inc: Q2 earnings conference call
First Republic Bank: Amount $0.22
Marsh & McLennan Companies Inc: Amount $0.53
Een mindere dag op Wall Street omdat beleggers even uit de markt wilden door dat er nogal wat belangrijke kwartaalcijfers kwamen nabeurs. Geen records deze keer maar ik merk ook dat we er niet zo ver onder blijven zodat de draad snel weer kan worden opgepakt. De cijfers waren trouwens goed maar vergeet niet dat de koersen al meer dan behoorlijk waren opgelopen. Vanavond komt de FED nog, even afwachten wat er daar wordt vermeld.
Update 28 juli:
Veel beleggers namen winst gisteren en dat vooral bij de al hoog opgelopen technologie aandelen net voor de grote 3 met cijfers kwamen. De cijfers waren goed en overtroffen de verwachtingen maar de koersen waren de afgelopen weken al behoorlijk opgelopen. Over de gehele lijn moest de markt terug maar het waren vooral de tech aandelen die onder druk stonden. De traditionele sectoren wisten het verlies te beperken aangezien de Dow Jones slechts 0,25% verloor.
Vanavond komt de FED, ook dat is een item om in de gaten te houden en het kan de markten een richting opsturen. Voorlopig wacht ik even af en beslis later wel wat we eventueel kunnen gaan doen. De indices blijven wel dicht bij de recordstanden zodat 1 sterke sessie alles weer richting een nieuwe top kan sturen.
Hoe presteren de belangrijkste indices?
De Dow Jones verloor uiteindelijk 85 punten na de gehele dag veel lager te hebben gestaan, de S&P 500 verloor 20 punten. De tech indices deden het minder goed en verloren ruim 1% en dat net voor dat er cijfers kwamen van 3 bedrijven uit de top 5, dat waren Apple, Microsoft en Alphabet. De cijfers waren heel goed maar zoals ik al aangaf moeten we ook kijken tot hoe ver deze aandelen al waren opgelopen. Ook de SOX verloor behoorlijk met bijna 2% verlies. Verder zien we dat de Dow Transport 2,2% verloor gisteren.
Europa moest ook terug, de AEX vooral door ASML dat richting het slot fors moest inleveren verloor 8 punten om op de steun te sluiten. De DAX verloor 100 punten terwijl de CAC 40 slechts 47 punten moest inleveren gisteren.
Winst genomen, resultaat loopt verder op deze maand:
Meedoen met US Markets Trading kan uiteraard door lid te worden, gisteren heb ik in ieder geval winst genomen op de posities die open stonden zodat de winst deze maand wat oploopt. 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 ...
Zo ziet u hieronder dat de eerste resultaten voor deze maand JULI er nu bij staan. Ook deze maand halen we dus met voorzichtig handelen een mooi resultaat, u kunt nu meedoen met de nieuwe posities die er aan zitten te komen in de loop van deze week door lid te worden via de nieuwe aanbieding. Bij Guy Trading kijk ik ook naar wat aandelen waar er wat mee kan worden gedaan. Schrijf u dus op tijd in, ik zal in ieder geval het momentum kiezen om in te stappen.
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):
Technische conditie AEX:
De AEX moest gisteren weer inleveren en de index komt nu terecht op de eerste belangrijke steunzone 737-738 punten waar we al meerdere keren op terecht zijn gekomen voor dat de uitbraak er kwam. Steun nu dus vooral die 736 punten met later de 728 en de 723 punten. Weerstand zien we nu eerst rond de 747,5 en de 750 punten waar de toppen uitkomen. Later rond de 753-754 en de 760 punten weerstand.
Technische conditie DAX:
De DAX moest even terug tot onder de 15.500 punten maar kon zich net voor het slot herpakken om boven die belangrijke grens te sluiten. Steun blijft de 15.500 punten, later de 15.400 en de 15.300 punten. Verder zien we nog steun rond de 15.300, de 15.150 en de 15.000 punten. Weerstand wordt nu de 15.625 punten, later de topzone rond de 15.800 punten.
S&P 500 analyse:
De S&P 500 stopt de recordrace voor even en moet wat inleveren, de index moet terug na het aantikken van de lijn over de toppen waar er een zware weerstand wacht. Steun zien we nu eerst rond de 4400 punten, later de 4355 en de 4325 punten met daar net onder de 4290 punten en het 50-daags gemiddelde dat nu rond de 4270 punten uitkomt. 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.
De Nasdaq moest fors inleveren en komt al onder de vorige reeks toppen uit, de index nam winst net voor dat de 3 grote bedrijven met cijfers kwamen. De bodem lag behoorlijk laag op 14.500 punten maar de index wist zich te herpakken tot 14.660 punten om zo met een verlies van 180 punten af te sluiten. Steun zien we nu rond die 14.500 punten, later komen de 14.400 en de 14.200 punten als steun in beeld.
Weerstand nu de 14.700 en de topzone 14.800 punten met daar net boven de 14.850 punten.
Euro, olie en goud:
De euro zien we nu rond de 1,1815 dollar, de prijs van een vat Brent olie komt uit op 73,9 dollar terwijl een troy ounce goud nu op 1806 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,