谈股论币

Market 2018-03-28 (AMZN, REITs, and more)

战胜市场 1月前 122

Bulls and Bears are fighting for direction. Dow Jones Index swings between gain and loss throughout the day. Tech (QQQ -1.1%) gets another hit. Dividend stocks and Biotech shines (IBB +0.8%).

Treasury flat: 30-year +0.08%. 10-yr -0.07%. 5-yr -0.07%.

Crude -0.89% to $64.67. Gold -1.30% to $1,324.50. UUP +0.8%.

AMZN (-4.4%) is attacked by Trump, Trump has talked about changing the tech giant’s tax treatment and wonders if there’s “any way to go after Amazon with antitrust or competition law.” No clear path of new policy is hinted yet --- it could be just noise.

Uber’s (UBER) self-driving unit co-founder Lior Ron is leaving the company,

Winners

REITs finally have a good day, IYR +1.9%. EQR +3.7%, SPG +3.6%, REG +3.45, MAA +3.1%, O +2.9%, OHI +2.9%...

Other high dividend stocks: PM +3.2%, MO +2.8%, T +1.9%, VZ +1.5%, CMCSA +0.9%.

Retailers stay strong as economy is still in good shape, M +4.3%, KSS +2.8%, WMT +2%, TGT +1%...

Such trend suggests investors are turning from growth companies to defensive players --- dividend stocks. High P/E companies could feel more pain if current high volatility continues.

Big pharmas: AGN +3.3%, CELG +3.1%, BIIB +2.5%... Also drug store and health insurers: CVS +3.5%, WBA +2.5%, CI +1.7%...

GE +1.8% on Berkshire hopes.

Losers

FAANG: NFLX -5%, AMZN -4.4%, AAPL -1.1%, GOOG flat and FB +0.5%. Also SQ -7.2%, TSLA -7.7% to $257.8, OSTK -3.5%. I have warned about these three recently due to weak fundamentals to support high valuation. Chinese Tech companies are also mostly down.

In semiconductor sector, LRCX -3.2%, AMAT -2.5%, INTC -3.1%, NVDA -1.8%, MU -1.7%, WDC -1.5%

Red Hat (RHT -5.3%) loss all the gains following ER.

ALB -4.1% drops to 52-wk low, for no reason.

Earnings in AH

GameStop (GME +1.9%): Q4 EPS of $2.02 beats by $0.05. Revenue of $3.5B (+14.8% Y/Y) beats by $230M.  same-store sales +12.2%. Expect FY19 revenue of $8.84B vs. $8.84B consensus and EPS of $3.45 vs. $3.45 consensus. Shares +2% in AH. Short-squeeze may be on the way. I am still holding a small position in GME.

My Trades Today

Sold MAA @ 91

Added more YY and NTES (endless falling is killing me)



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