securities

The Stock Market This Week: January 11-15

2023-05-11T15:38:44-04:00January 11th, 2021|Blog, Investments|

The Stock Market This Week: January 11-15 By: Stacey Nickens Economic News Job openings declined slightly in November, falling to 6.527 million. The Small Business Optimism Index also fell, declining to 95.9 in December. Total CPI rose 0.4% m/m in December, showing that inflationary concerns largely remain a nonissue. Initial claims for the week [...]

The Stock Market This Week: January 4-8

2023-05-11T15:39:08-04:00January 4th, 2021|Blog, Investments|

The Stock Market This Week: January 4-8 By: Stacey Nickens Earnings Reports Economic News Total construction spending increased 0.9% in November. Private construction spending rose 1.2% m/m, while public construction spending fell 0.2%. Overall, the data suggested that the residential construction market remained strong. The December IHS Markit Manufacturing PMI rose to 57.1. December's [...]

The Stock Market This Week: December 7-11

2020-12-11T17:59:00-05:00December 7th, 2020|Blog|

The Stock Market This Week: December 7-11 By: Stacey Nickens Earnings Reports Thor Industries reported earnings per share of $2.05 and revenue of $2.54 billion in the first quarter. Thor beat expectations on both revenue and EPS, citing increased demand for RVs due to the pandemic. Smartsheet reported revenue of $90.9 million in Q3. Smartsheet's [...]

The Stock Market This Week: November 30 – December 4

2020-12-04T16:28:28-05:00November 30th, 2020|Blog|

The Stock Market This Week: November 30 - December 4 By: Stacey Nickens Earnings Reports Salesforce reported earnings per share of $1.74 and revenue of $5.42 billion in Q3. Both their EPS and revenue clocked in above expectations. Despite that, some analysts were concerned about a drop in Q3 billings as well as margin pressure [...]

The Stock Market This Week: November 16-20

2020-11-20T17:24:31-05:00November 16th, 2020|Blog|

The Stock Market This Week: November 16-20 By: Stacey Nickens Earnings Reports Walmart reported earnings per share of $1.34 and revenue of $134.7 billion in Q3. Both their EPS and revenue clocked in above expectations. Walmart executives attributed their strong third quarter to a growth in e-commerce. Home Depot reported earnings per share of $3.18 [...]

The Stock Market This Week: November 9-13

2020-11-11T16:07:28-05:00November 9th, 2020|Blog|

The Stock Market This Week: November 9-13 By: Stacey Nickens Earnings Reports McDonald's delivered an upbeat earnings report, posting earnings of $2.22 per share compared to the estimated earnings of $1.90 per share. U.S. sales picked up in the third quarter and helped the fast food chain. Beyond Meat reported a loss of $0.28 per [...]

The Stock Market This Week: November 2-6

2020-11-06T16:27:17-05:00November 2nd, 2020|Blog|

The Stock Market This Week: November 2-6 By: Stacey Nickens Earnings Reports Clorox beat revenue expectations and increased their 2021 revenue guidance. Qualcomm posted strong earnings and positive guidance. Economic News The ISM Manufacturing Index for October clocked in at 59.3%, the highest level since September 2018. New orders reached 67.9%, their highest level since [...]

The Stock Market This Week: October 26-30

2020-10-30T15:22:42-04:00October 26th, 2020|Blog|

The Stock Market This Week: October 26-30 By: Stacey Nickens Earnings Reports Caterpillar beat earnings expectations and reported third-quarter earnings-per-share of $1.34. Their revenue came in at $9.88 billion. However, over the last year, Caterpillar's earnings were still down by half due to declining end-user demand. The company predicts end-user demand will ramp up in [...]

The Stock Market This Week: October 19-23

2020-10-23T15:50:06-04:00October 19th, 2020|Blog|

The Stock Market This Week: October 19-23 By: Stacey Nickens Earnings Reports Procter & Gamble reported a 9% revenue increase during the first fiscal quarter while also raising their core earnings growth outlook for fiscal year 2021. Much of their fiscal first-quarter revenue growth was attributed to increased demand for their laundry and cleaning supplies. [...]