- USA tehnoloogiasektor on peale eilset langust kerges plussis, vana majandus Alcoa (AA) tulemustest tuge ei saanud ning futuurid indikeerivad kerget miinust.
-Alumiiniumitootja Alcoa (AA) on eelturul 2% miinuses. Firma esimese kvartali kasum kahekordistus võrreldes eelmise aastaga ning ulatus 355 miljoni dollarini ehk 41 sendini aktsia kohta. Alumiiniumitoodete nõudlus on endiselt kõrge. Firma tulud kasvasid 11%, kasum 135%.
-Nokia (NOK) aktsia eelturul nullis, vaatamata firma vastu algatatud kohtuasjale. Nimelt pole aktsionärid rahul juhtkonna käitumisega, nende arvates oleks käibe langusest tulnud varem teatada. Lisaks alandasid mitmed reitinguagentuurid aktsia soovituse müü või hoia tasemele.
-Rallit jätkas sateliitraadiot pakkuv Sirius (SIRI), Chrysler Group teatas, et võimaldab antud firma teenust Chrysler, Jeep ja Dodge autodes. Aktsia eelturul 5% plussis, kuid ära ei tohiks unustada, et firma väärtus küündib juba 3.8 miljardi dollarini.
-Täna jagub palju tähelepanu Yahoo (YHOO) aktsiale, kuna firmalt on oodata päeva lõpus majandustulemusi.
Rev Shark:
After a 10% run in the Nasdaq and the quickly approaching earnings season, it is time for a bit of rest and contemplation. The question now is whether this is the pause that refreshes and rejuvenates, or the hesitation that leads to doubt, worry and a crumbling market.
The primary hope for the bulls is that earnings season will produce enough positive reports and upbeat guidance to attract more buyers. The first major report from Alcoa (AA:NYSE) last night was a bit of a disappointment, but Yahoo! (YHOO:Nasdaq) and Research In Motion (RIMM:Nasdaq) have the opportunity to stir up some emotion with their reports tonight.
The market would look much better technically if it rested and/or pulled back a bit more at this point. We have done little to digest the recent gains. A pullback would allow stock to move from the hands of profit-takers and weak holders into more confident grasps.
What we have to watch for right now is how psychology develops as earnings reports hit. Are good reports used as an opportunity to make sales? Or do they restore confidence and attract new buyers? The fact that the Nasdaq has made a quick 10% move into earnings season helps set up a "sell the news" environment, but if the market works off the overbought condition to some extent in the next few days, it will relieve some of that pressure.
We have a holiday Friday and lots of market participants are taking spring vacations. That may slow volume and cause some volatility today and tomorrow. The inclination to lock in recent gains and raise cash before leaving town is something we will have to watch for.
I continue to feel bullish about the market into earnings season primarily because of the very healthy action in small-cap stocks. The speculative money is doing some buying, and there are plenty of good-looking charts to consider. My intraday scans have been uncovering many healthy pockets of action in recent days.
In the early going, we have a cautious start. Overseas markets were mainly higher due to positive buzz about DaimlerChrysler (DCX:NYSE), but Alcoa is a drag this morning. The news calendar is slow, with the exception of a couple of earnings reports tonight. We should see some positioning in the Internet sector in front of the Yahoo! report.
At the moment the market is looking tentative, and we may want to stay patient as we watch for a clearer trend to develop.
Gary B. Smith:
