Watchlist – 31st May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST BIGTECH.STOCKS -0.10%Big Tech – Back on watch with most in the group looking to go green in premarket trading, the group was responsible for most of the impressive two day rally we saw to end last week. AAPL shares active this morning after supplier Foxconn said its […]

Watchlist – 27th May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST BIGTECH.STOCKS 0.21%BigTech – Back on watch after leading the impressive rally on Thursday, chipmakers rallied sharply despite the mixed report from NVDA. Multiple positive notes on the chip sector this morning, AAPL and MSFT both higher in early trading as well. AMD, NVDA, AAPL, MSFT, AMZN, GOOGL […]

Watchlist – 26th May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST M.NY 13.64%Macy’s Inc – Higher after raising its FY 2022 profit forecast, saying it now expects adj EPS between $4.53 and $4.95, up from previous view of $4.13-$4.52. The company’s net sales rose to $5.35 billion in the first quarter ended April 30, from $4.71 billion a […]

Watchlist – 25th May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST SOCIAL.STOCKS -0.75%Social Media Stocks – Under pressure as a group for a second straight session after Monday’s move from Snap Inc saying its revenue and adjusted EBITDA will come at the low end of its Q2 2022 guidance range due to the macroeconomic environment deteriorating further and […]

Watchlist – 24th May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST BBY.NY 1.31%Best Buy Co – Higher premarket after the electronics retailer reported Q1 revenue of $10.65 bln beating est of $10.41 bln. Best Buy did however lower its forecasts for annual sales and profit as inflation saps consumer spending power, the company now expects FY comparable sales […]

Watchlist – 23rd May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST BIGTECH.STOCKS 0.65%BIG Tech – Strong move into the close Friday, AAPL and MSFT leading premarket. The WSJ is reporting that AAPL has told some of its contract manufacturers that it wants to increase production outside China, India and Vietnam, which are already sites of Apple production, are […]

Watchlist – 20th May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST NIO.NY 6.66%NIO Inc – Up sharply premarket after the company made a positive debut overnight on the Singapore Exchange. Separately, Nio’s Hong Kong-listed shares are set to be added to the Hang Seng Tech index .HSTECH, joining companies like Alibaba and peers Li Auto and Xpeng. TSLA.NQ 2.07%Tesla […]

Watchlist – 19th May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST RETAIL.STOCKS -1.22%Retail Stocks – Multiple additional downgrades and PT cuts in the group again after the past few days of destruction in the sector, KSS becomes the latest retailer to cut its full-year earnings forecast this morning, joining WMT TGT and others in the group. The company […]

Watchlist – 18th May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST TGT.NY -23.83%Target Corp – The retailer reported first-quarter profit fell by 50% and also warned of a bigger margin hit due to rising fuel and freight costs, in a clear sign that deep-pocketed U.S. retailers are no longer immune to surging inflation. The company maintained its full-year […]

Watchlist – 17th May 2022

Morning MoversWatch us on YouTube Live at 8:30AM EST WMT.NY -7.19%Walmart Inc – Among the most actively traded stocks premarket, tumbling after cutting its full-year profit forecast and also signaling a bigger knock to the retail giant’s profit margins from surging costs of everything from fuel to labor. Reported net income attributable to the company slumped […]