Original Market News & Research - Articles by ophir gottlieb
About the AuthorsSPX
May 03, 2022 -
The logistic managers index fell to its lowest level in over a year after reaching an all time high last month with transportation capacity increasing and transportation prices declining. Quits are back: JOLTS job openings surged in March to record 11.55M vs. 11.2M est. & 11.34M in prior month (rev up from 11.27M). Orders for U.S. manufactured goods rose 2.2% in April, well above expectations of a 1% increase. Former Fed Vice Chair Quarles Says U.S. Is Likely to Suffer Recession.
SPX
May 02, 2022 -
Market indices all rallied of their intraday lows, flipping from red to green at the close, as did crude oil. VIX was muted, staying well above 30. NASDAQ was the best performer. Economic data (discussed below) may well be the driver.
Manufacturing data came in weak while trimmed PCE (an inflation gauge) collapsed to 3.1%, down from 6.3% in January of this year, following a core PCE number that fell to 5.2% from 5.3% the month prior.
SPX
Apr 29, 2022 -
Inflation may have peaked and now rolled over. The personal savings rate to disposable income fell to its lowest since 2013. Consumer sentiment marked the highest reading in three months and the first increase this year.
SPX
Apr 28, 2022 -
Market indices were all substantially higher today, as VIX slid slightly. NASDAQ was the best performer after underperforming yesterday. Economic data (discussed below) may well be the driver. Crude oil also rose on the day.
SPX
Apr 27, 2022 -
In a muted trade, the major market indices were mixed, with technology and small caps underperforming the S&P 500 and Dow Jones Industrial Average. Crude Oil rose modestly and the VIX dropped about 6%.
Both the NASDAQ Composite and the Russell 2000 stayed at their lowest closing levels since December 2020 and were unable to hold gains as the market closed.
SPX
Apr 26, 2022 -
• The NYSE Advance Decline Ratio dropped to 16%, and for NASDAQ it dropped to the same level, nearing 15 year lows.
• Alphabet (GOOG/L) missed both revenue and earnings estimates for its latest quarter and the stock is trading down about 4% in the after hours trade, at the time of publication.
• Microsoft (MSFT) beat both revenue and EPS estimates, and in a volatile after hours session, is trading nearly unchanged.
• One time COVID darling Robinhood (HOOD) announced that it is cutting about 9% of full-time employees.
SPX
Apr 25, 2022 -
All four market indices rose on the day after each started the day down. VIX fell as did crude oil.
SNAP
Apr 21, 2022 -
SNAP reported earnings after the close of trading on 4-21-2022, and the results were a mixed bag.
ESTC
Apr 07, 2022 -
With data exploding from all areas, including logging and security, Elastic’s new usage based system for its cloud business is set to grow large and quickly for a sustainable period of time and its stock price, over the long-run, has upside.
DOCN
Apr 06, 2022 -
DigitalOcean (DOCN) has the potential for substantial growth, is under appreciated today in several areas from analyst estimates, stock price, and recognition of its community moat.
GLBE
Apr 06, 2022 -
GLBE is attempting to solve the complexity-chain that surrounds cross-border e-commerce. If it does so, the very complexity of the endeavor itself stands as a moat.
Global e-commerce is raging higher and cross-border transactions as a per cent of that global e-commerce are also raging higher yielding a TAM that is growing on top of a growth spurt.