Stock futures rose as Tesla and United and American Airlines all reported positive earnings news — and more in Thursday’s stock market recap.
Tesla soared 7% in premarket trading on better-than-expected earnings. United and American Airlines also rose 8.5% and 11.5%, respectively, on forecasts of bigger profits.
These first-quarter earnings reports helped propel the markets higher a day after Netflix plummeted 35%. The streaming giant continued to fall Thursday morning, down 1.5% premarket.
The Dow rose 0.7% on Wednesday, putting it above its 200-day moving average. The S&P 500 is at its 200-day MA and the Nasdaq appears to be consolidating, all good signs for the market.
We also have Freeport-McMoRan, Dow, AT&T and many others reporting soon.
In this morning’s stock market recap video, you’ll learn how earnings impact stocks… which two sectors are flirting with new highs… what it means for stocks with the Dow near its 200-day moving average… if bonds will trade higher or lower… a global market update… plus which ETF could be a good buy right now and how to pair it with an option.
ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day.
DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.
DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "My Top ETF as Tesla, Airline Earnings Send Stocks Soaring"
Post a Comment