Today’s article features and discusses six stocks whose earning reports are due this week. The author explains why you may want to keep your eye on them. Here’s one of them, “McDonald’s MCD -0.75% reports quarterly results before the opening bell on Thursday and analysts expect the company to earn $1.21 per share. McDonald’s is down 2.4% year-to-date and is below its 50-day and 200-day simple moving averages at $94.00 and $96.40, respectively.” To check out the other five stocks, CLICK HERE.
Tuesday marked President Obama’s sixth State of the Union speech. So what can we expect from the market the day after the President’s speech? Today’s article looks at the reaction of the market after each State of the Union address going back as far as John F. Kennedy in 1961. Here’s what they had to say, “The biggest of the market jumps came after George H. W. Bush’s Jan. 29, 1991 speech, when the Dow rose 1.9%. That was also in the midst of the first Gulf War. Despite the strong market gains during the Obama presidency, stocks have dropped after four of the six State of the Union speeches delivered by the 44th president.” To check out the data, CLICK HERE.
After taking Monday off for MLK Day, stocks started off down but were back up by the end of the day. From oil to China, today’s article explains exactly what happened in the market today. Here’s what they had to say, “Benchmark U.S. crude fell 5% to $46.13 a barrel in electronic trading on New York Mercantile Exchange. The Dow Jones industrial average rose 3.66 points, or less than 0.1%, to close at 17,515.23 after being down as much 165 points earlier. The Standard & Poor’s 500 index gained 3.13, or 0.2%, to 2022.55 as the technology sector rose 0.8%. The tech-heavy Nasdaq composite index added 20.46, or 0.4%, to 4654.85.” To read more, CLICK HERE.
Can you guess what political party a person belongs to based on their stock choices? What about their age? Today’s article discusses data that explains how owning certain stocks may describe you more than you think. Here’s what they had to say, “It probably won’t surprise you that the average Tesla owner is very different than the average Philip Morris owner. But did you know that the typical owner of Target stock is nearly a decade older than one who owns shares of Amazon? (And 8 years older than the average Target customer.)” To read more, CLICK HERE.
Today’s article discusses Amazon stock’s good day. Here’s what they had to say about the performance and reason why it was good but not great, “…Citigroup analyst Mark May turned bullish on the Internet retailing giant, citing favorable valuation and the belief that gross margins have bottomed. The stock AMZN, +0.09% ran up 3% in midday trade, the most since it climbed 3.6% on Nov. 14. May upgraded Amazon’s stock to a buy rating after being at neutral for the past six months. He also raised his price target on the stock to $354, which is 18% above current levels, from $325.” To read more, CLICK HERE.