谈股论币

Market 2018-03-21 (Rate Hike, Inflation, and more)

战胜市场 8月前 140

Market became very volatile after the rate hike, jumping to new session highs and then to session lows within 45 minutes.

Only 3 of the 11 S&P sectors finished higher, with energy (XLE +2.6%) shinning again, after the U.S. reported crude inventories fell by 2.6M barrels last week. On the flip side, consumer staples (-1.3%) ended at the bottom of the sector standings, weighed by General Mills' 8.9% drop after lowering its FY 2018 profit guidance, and techs (QQQ -0.43%) underperformed even as Facebook bounced +0.7%.

U.S. Treasury prices finished mixed, as the benchmark 10-year yield rose 3 bps to 2.91% while the Fed-sensitive two-year yield lost 3 bps to 2.31%.

Crude +2.91% to $65.39. Gold +1.69% to $1,333.80. US Dollar UUP -0.8%.

On the News

Zuckerberg finally responded to recent events "We have a responsibility to protect your data, and if we can't then we don't deserve to serve you." "I've been working to understand exactly what happened and how to make sure this doesn't happen again. The good news is that the most important actions to prevent this from happening again today we have already taken years ago. But we also made mistakes, there's more to do, and we need to step up and do it." FB was up to $173 at some point today.

Google is working on blockchain-related tech for its cloud business, according to Bloomberg.

OK, now we get the rate hike, what's next? Tomorrow Trump will roll out the plan of tariffs on $60B Chinese goods. It could be ugly.

Winners

FB +0.7% finally finds bottom. TWTR +4.4%, SNAP +3.6%...

Energy sector is strong, covering almost all the big winners: RRC, MRO, NFX, NBL, HP, APC, APA, HES, DVN....

Tesla +1.9% shareholders approve to grant Musk $2.6B in stock options over 12 tranches in 10 years, tied to performance milestones.

CMG +4.5%.

MOMO +2.7%, however, YY -0.6%.

Losers

JWN -3.3% as company breaks off go-private talks with family.

GIS -8.9%, guiding 2018 earnings below consensus, despite ER beats. “Like the broader industry, we’re seeing sharp increases in input costs, including inflation in freight and commodities,” the company says. "We are moving urgently to address this increasingly dynamic cost inflation environment." This is alarming. Fed rate hike might be too slow too late. SJM -4.2%, K -4%, CAG -2.9%.

LUV -4.8% after lowering Q1 RASM outlook.

In After-hour

Five Below (FIVE -2.7%): Q4 EPS of $1.18 beats by $0.02. Revenue of $504.8M (+30.1% Y/Y) beats by $2.06M.

Guess (GES +3.6%): Q4 EPS of $0.62 beats by $0.08. Revenue of $792.16M (+17.5% Y/Y) beats by $36.52M. Shares +11% in AH.

My Trades Today

Sold half FB @ $172 to reduce weight back to normal
Sold YY @ $130



source: defeat market
更多资讯 ->
发新帖
战胜市场
主题数
-48
帖子数
0
注册排名
53