Börsipäev 31. märts
Kommentaari jätmiseks loo konto või logi sisse
-
- USA futuurid on kerges plussis. Heade majandustulemustega on välja tulnud jaemüügifirmad. Makromajanduse olukorra kohta on oodata andmeid kell 10.00 ET, mil avaldatakse Chicago ostujuhtide meeleolusid kajastav indeks ning veebruari tööstusettevõtete tellimuste arv.
-Jaemüügifirma Best Buy (BBY) neljanda kvartali tulud kerkisid 21 protsenti 8.4 miljardile dollarile, aktsia on eelturul 5% plussis.
-Circuit City (CC) teatas, et on ostmas elektroonika jaemüüjat InterTan (ITN) 284 miljoni dollari eest ehk 14 dollarit aktsia kohta. Lisaks teatas firma, et neljanda kvartali puhaskasum aktsia kohta kasvas aastataguselt 32 sendilt 46 sendile. Aktsia eelturul 8 protsenti plussis.
Merill Lynch kergitas ravimitootja Eli Lilly (LLY) reitingut neutraalselt "osta" peale. Firma puhul rõhutati, et käibe kasvu potentsiaal on kõrge ning suuremate patendid hakkavad aeguma alles 2011. aastal.
Credit Suiss on esimene julgetest, kes peab e-äride sektorit taas soodsaks. Seekord kiidetakse klientidele Yahoo (YHOO) aktsiat, kuna otsingu ja reklaamikäibed on endiselt tugevas tõusutrendis.
Rev Shark:
What potential lies within this market? After a big move over the past four trading days, skepticism is running high. A "V" shaped move up to resistance levels on mediocre volume is the textbook setup for a pullback. Throw in the possibility of window-dressing manipulation to end the quarter and the chances that profit-taking will kick in seems extremely high.
Should we start selling aggressively and run for the hills? Do we anticipate a failed rally and another market breakdown? We need to be cautious but there is no reason to panic. Although the market is extended and facing resistance, that doesn't mean we are going to fail apart completely.
There are two things making me optimistic about the market over the next few weeks. First is the potential of positive catalysts. The jobs report Friday is the one that everyone is watching and I'm a bit concerned that it is being overanticipated, but a solid report is going to have an impact on sentiment. The impact on bonds and interest rates may be a negative but if employment growth kicks in there is going to be some positives from that as well. The end of the grocery strike in California is already going to have a positive effect on Friday's numbers so the chances of a upside surprise are fairly high.
Another catalyst that will help support the market is first-quarter earnings reports. I remain quite surprised at the lack of negative preannouncements so far. There is one this morning -- QLogic (QLGC:Nasdaq) -- but overall they have been sparse. Obviously, companies have done a pretty good job of keeping expectations reasonable. The market doesn't seem to be overly anticipatory about earnings season yet and that sets us up for a buy-the-news reaction rather than a sell-the-news response.
The second attribute of this market that is making me optimistic is the much improved action in small-caps and momentum stocks. Many of these stocks were hit extremely hard over the last couple of months as the indices corrected. The pullbacks in some of these stocks far exceeded the corrections we saw in the broader market.
Over the past four days many of these types of stocks have come back strong. The speculative money is becoming more active and even though volume has been lacking in the broader market a good number of the momentum and small-stocks are seeing increased action.
One of my key beliefs is that speculative action in small-caps and momentum stocks tends to lead the broader market. Aggressive traders are much quicker to step up and do some buying than the more conservative investors who focus on bigger-cap stocks. Eventually the slower moving institutional money sees what the hot money traders see and becomes more bullish.
Even though we are at a difficult technical juncture, there are good reasons to be optimistic about further upside potential. Don't let a pullback at this point make you unduly negative about market prospects. On the contrary, profit-taking right now would be a perfect way to set up this market for another leg up.
We have a slightly positive open setting up to start the day. OPEC's oil-production quotas remain a focus and oil stocks are seeing some upward pressure. The yen is hitting a four-year high against the dollar, which is boosting gold.
We have the Chicago Purchasing Manager Index and factory orders data coming up at 10 a.m. EST. Other than that the news calendar is fairly quiet.
Gary B. Smith:
-
Millest IDSA selline kukkumine?
-
Eile oli split.
sB -
paistis jah seda moodi, kuid nüüd alustanud jälle suurt tõusu
-
Turul on kuulujutt, et Greenspan sai südameataki, dollar kukub selle peale.
-
Greenspani kuulujuttu on tõesti mitmelt poolt kosta, kuigi FED teatas, et nad ei kommenteeri seda.
Turu ja dollari on see igastahes omajagu miinusesse visanud. -
Pooljuhid üritavad juhtohjad haarata ja turu üles vedada.
-
FEDi kommentaaride kohaselt Greenspan OK
-
Midagi pika päeva lõpuks:
http://www.recoilmag.com/news/unemployment_rate_zero_percent_0304.html
sB -
13:21 WRNC Warnaco Group target raised to $24 from $22 at First Albany (20.05 +0.05)
First Albany reiterates their Buy rating and raises their target to $24 from $22; firm believes that as WRNC comes out of bankruptcy, it can support a more normalized growth rate, and that the co's 2H04 growth drivers include the JLO launch, the Chaps denim launch, the int'l expansion of Calvin Klein underwear, and the Speedo expansion for the Olympics.
Usun, et see lubabki meil mingil ajal WRNC $22 hinnasihi juures maha müüa,
FWIW
sB -
Bettie, päris huvitav case - äkki kirjeldad veidi pikemalt kuidas First Albany WRNC puhul käitus - et kõigepealt pushiti siseringides ja seejärel pärast tõusu tõsteti targetit.
-
Eks iga maakler tahab oma suurematele klientidele väikese eelise anda. Aktsiat hakati veidi vähem kui 2 kuu eest katma ning eks seda müüdi suurematele fondidele ja muudele suurematele turuosalistele kõigepealt. Mis on ühe suure fondi jaoks osta 100K WRNC aktsiat? Praktiliselt olematu kogus aga aktsiate hinda liigutab selline order päris tublisti nagu ka mitmetel kordadel näinud oleme.
Nüüd kui ostjad juba pardal on hea hakata hinnasihti tõstma. Maakler teenib..kliendid teenivad..kõik on rahul. LHV kliendid vist ka.
sB -
... ehk vaid need viimase targeti-tõstmise peale ostjad vaid ei pruugi õnnelikud olla. Seega alati tuleb veidi kodutööd teha enne reitingu muutmise peale ostmist.
-
millest ERICY nii üles on lennanud?
