- Stocks Telegraph
- Posts
- Apr 10 - NH - Morning Newsletter (with survey at top and bottom)
Apr 10 - NH - Morning Newsletter (with survey at top and bottom)
Morning Market Espresso: Energize Your Investing Strategy Today
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!Investors are gearing up for a thrilling week in the U.S. equity market as they await crucial inflation data and the start of first-quarter earnings season. The futures tied to the broad market S&P 500 were holding steady with a minimal decline of 0.05% around 9:00 a.m. London time. Dow Jones Industrial Average futures were up by a mere 2 points or 0.01%, while Nasdaq 100 futures experienced a slight dip of 0.29%.Last week, the major averages experienced a roller coaster of a ride during the holiday-shortened trading week. However, the Dow was the only one that managed to notch up a weekly gain of 0.6%, while the S&P 500 and Nasdaq Composite had to bear the brunt of losses, ending the week lower by 0.1% and 1.1%, respectively.The economic data showed conflicting signals about the labor market, making the market volatile. However, the March jobs report showed that the economy is resilient and experiencing moderate inflation, pushing up stock futures and Treasury yields. The New York Stock Exchange remained closed for Good Friday.Meanwhile, The Labor Department reported that nonfarm payrolls grew by 236,000 for the month, almost matching the Dow Jones estimate of 238,000. Additionally, the unemployment rate fell to 3.5%, which was against the expectation of it remaining the same as the previous month at 3.6%.
Rare Green-Metals Discovery: US$2 Stock Set to Deliver Gains
Smart investors are blowing away Wall Street's so-called "experts" on green-metals stocks. And with the clean-energy revolution in full-swing, the near-term gains could be absolutely life-changing. The timing is dead-on accurate with this US$2 stock securing a world-class green-metals resource designated as a Strategic Minerals Deposit at 5.7 Million ounces with drills turning now.
Sponsored
Today Top Movers
PLx Pharma Inc. (PLXP) stock soared 130.73% to $0.2425 in the pre-market trading after the release of its SEC filing.
Arrival (NASDAQ: ARVL) shares are trading up 13.93% at $0.139 at the time of writing. The company recently announced a definitive agreement with Kensington Capital Acquisition Corp. V (KCGI.U) for a business combination.
Troika Media Group Inc. (TRKA) grew over 15.55% at $0.2727 in pre-market trading today following the release of SEC filing.
Pioneer Natural Resources Company (PXD), a Oil & Gas E&P company, rose about 7.13% at $223.0 in pre-market trading Monday following a report from The Wall Street Journal that said Exxon Mobil (XOM) had held preliminary talks with the shale driller about a possible acquisition.
Five Top Tech Stocks to Own Now
Warren Buffett says that a "climate of fear is your friend when investing; a euphoric world is your enemy."
"The time to buy is when there's blood in the streets, even if the blood is your own."
With a good deal of fear priced into the tech sector, here are five hot stocks to consider.
Sponsored
Top Upgrades & Downgrades
Deutsche Bank turned bullish on Catalent Inc. (CTLT), upgrading the stock to Buy and assigning a $88 price target, representing potential upside of 35.49% from Thursday's close.
Kemper Corporation (KMPR) has won the favor of Credit Suisse's equity research team. The firm upgraded the shares from Neutral to Outperform and moved their price target to $78, suggesting 38.25% additional upside for the stock.
NetApp Inc. (NTAP) received an upgrade from analysts at Stifel, who also set their one-year price target on the stock to $75. They changed their rating on NTAP to Buy from Hold in a recently issued research note.
Earlier Monday Keefe, Bruyette & Woods reduced its rating on Block Inc. (SQ) stock to Market Perform from Outperform and assigned the price target to $75.
Goldman Sachs analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Cushman & Wakefield plc (CWK) has been changed to Neutral from Buy and the new price target is set at $11.
Analysts at RBC Capital downgraded Incyte Corporation (INCY)'s stock to Sector Perform from Outperform Monday.
20-cent Gold Stock Has Backing of Major Gold Producers
The 2023 gold bull market has arrived as nervous investors continue to flock to the safety of the yellow metal. Yet, the biggest gains won't be in gold...they'll be in the tiny small-cap explorers like this one: multiple drill programs being funded by major gold producers and trading completely undiscovered below US$0.20 per share.
Sponsored
Latest Insider Activity
Tesla Inc. (TSLA) Chief Financial Officer Kirkhorn Zachary announced the sale of shares taking place on Apr 04 at $197.31 for some 3,750 shares. The total came to more than $0.74 million.
AMC Entertainment Holdings Inc. (AMC) 10% Owner Antara Capital LP sold on Apr 05 a total 1,008,385 shares at $1.68 on average. The insider’s sale generated proceeds of almost $1.69 million.
FedEx Corporation (FDX) Director LANE AMY B declared the purchase of shares taking place on Apr 06 at $232.88 for some 830 shares. The transaction amount was around $0.19 million.
Planet Labs PBC (PL) President, Product & Business Weil Kevin bought on Apr 03 a total 274,000 shares at $3.64 on average. The purchase cost the insider an estimated $997,113.
Debunked: One Of Wall Street's Biggest Myths!
Finally released to the public, trading guru Dave Aquino's guide, "The Options Trading Accelerator Method", reveals how Wall Street's big lie has stopped traders with small accounts from reaching their full potential and how his student favorite trading method could change that!
Sponsored
Important Earnings
Top US earnings releases scheduled for today include iMedia Brands Inc. (NASDAQ: IMBI). It will announce its Jan 2023 financial results. The company is expected to report earnings of -$0.13 per share from revenues of $171M in the three-month period.
Analysts expect Tilray Brands Inc. (NASDAQ:TLRY) to report revenue of $202.47M for the fiscal quarter ended Feb 2022, when the company releases its quarterly results shortly.
PriceSmart Inc. (PSMT), due to announce earnings after the market closes today, is expected to report earnings of $0.88 per share from revenues of $1.13B recently concluded three-month period.
That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team
P.S. Want my daily watchlists sent to your cell phone too? Just go HERE and join my text message list!
Wouldn’t it be great to have a personalized solution for your investing needs? We’re adding new sections to the morning newsletter with big implications. All you have to do is share your thought about the current newsletter. If you do that, we’ll do our best to take your feedback and make it a better experience for you.
We are asking for 1 minute of your time to answer 4 questions about your experience with our newsletter. We hope to use this information to create solutions that address exactly what you need!
Thank you for your continued support.
Disclaimer: Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.