Earnings Surprises and Inflation Still in Play: Your Midweek Market Update

We had a surprise 15% gain in Eli Lilly (LLY) on earnings today and we're gearing up for Disney's (DIS) earnings tomorrow. In tonight's video, we highlight these plays and other leading/lagging stocks to keep an eye on this week and next. Finally, we're also closely watching surprise economic data and headlines - from around…

The Good, The Flat, and the Volatile: Sorting Through the Sideways Market

Last week had the potential to be a major market mover with all the earnings and Fed and inflation data each day, but the week ended only slight higher. While we have fewer big earnings reporting this week, we do have two of the biggest and we also have the big Monthly Jobs Report on…

Earnings Extravaganza! Your Price Guide to Earnings and the Fed in a non-stop Trading Week

We're not even halfway through one of the most active earnings and economic news weeks in 2023. Today's session saw more upward drift in equities especially key tech names as we have Microsoft (MSFT), Google (GOOGL) and others reporting today, Meta (META) and others Wednesday, and Amazon (AMZN) with Intel (INTC) Thursday. Beyond key earnings,…

Major Earnings and New Highs Breaking Out: Your Guide to it All

AI stocks continue lighting up the market with surprise news from Microsoft (MSFT) almost single-handedly saving the tech sector (XLK) and the NASDAQ. Otherwise, it may not be as bullish in other areas of the market beyond the key tech stocks that drive the tech sector higher. In tonight's video, we cover the financial stocks…

Your CPI 'Plan for Surprises' and Market Update

Will CPI Consumer Price Index - a key measure of where inflation is trending - surprise us tomorrow? In tonight's video, we pinpoint the "higher than expected" along with the "lower than expected" plan and how that could affect the market trading Wednesday and beyond, along with the odds of the next Federal Reserve interest…

Jobs, Jobs, and More Jobs and Surprises Today and Friday

We had a hint of potential surprise with the monthly Non-Farm Payrolls report released each first Friday of the month. Although usually a non-event, the ADP jobs report surprise - twice the number of jobs added as expected - was a major event and sent the bond market falling to downside price targets as yields…

Stock Scans and Unusual Strength in Unlikely Stocks

Today saw the stock market rally over 1%, snapping last week's series of down days with a bounce play intraday. However, some of the strongest stocks in today's session surprised traders with resilient relative strength in surprising sectors. In tonight's video, we'll pinpoint these unusually strong stocks that continue to get stronger amid a mixed…

Planning our Quiet Week Ahead While Guarding for Surprises

We're just past the middle of June and - so far - it's a quiet week in the market with expected news and earnings. That could of course change but until then, we make note of FedEx (FDX) falling after-hours in earnings, Chair Powell this week on any surprises from the Federal Reserve, and we…

Inflation Cools and Stocks Rally: Your Guide to this Week's Fed Day and Beyond

We had cooler inflation data in this morning's CPI report, setting the stage for a pause or "no change!" in the Fed Funds Rate at tomorrow's meeting. But what will Powell say about the future of inflation and whether there will be a rate hike in July? That'll set the stage for the next month…

Finding Focus - and Surprises - in a Flat Market

While the NASDAQ (tech stocks) and SP500 were "massively unchanged" (flat) today, there were some key surprises both in the small cap index Russell 2000 (RTY and IWM) along with some surprising stocks showing relative strength by making even more fresh new 2023 highs. Where are the pockets of surprise strength and what sense do…