Morning Market News And Comments 早盘市场新闻及评论

Pacific Time 7:34 AM : Dow +83，  S&P 500+9.26， Nasdaq+39.35， Russell 2000 +12.75, WTI crude oil+0.54%，Gold-0.32%， US dollar index-0.15%, 10 Year Treasury yield 2.333 +0.037

Oversea markets: Shanghai+0.02%, Japan-0.16%, Hong Kong +0.32%, Germany+0.62%, UK+0.79%, France+0.78%.

Weak sectors: OIH, IYT Strong sectors:IBB, SOCL, IYR, EWG

President Trump's optimistic talk on quick trade deal encouraged stock buyers at the open. FAANG stock bounce are are helping the Nasdaq while strength in Boeing (BA) is helping the Dow.  However talk is just talk and there is no sign of progress in US-China trade talk. Dow was up about 180 point earlier and is now pull back to only up 83 point.  Technically, it is positive that the Dow was able to close above it's 200 day moving average at 25434. But trends of major market indexes are still down as they are still below their 50 day moving averages. As Trump's optimistic talk wears off, the Dow will likely retest it's 200 day moving average again.

。"Optimistic" comments by President Trump, who repeated previous reports that he would meet China's Xi in June at the G-20 meeting, which boosted "hopes of progress" in U.S.-China trade talks, especially after Trump once again predicted a quick trade deal with China, one that could include Huawei.---Zero Hedge

。After March's huge upside surprise, durable goods orders were expected to slide 2.0% MoM in April but the preliminary print was slightly worse than expected (-2.1% MoM) and made worse by a notable downward revision to March (from +2.8% to +1.7%).---Zero Hedge

。Oil had its worst day of the year yesterday, dropping almost 6% as the commodity got caught in the stampede out of risky assets. Tensions in the Middle East had helped to shelter crude from some of the worst fears on global trade as investors balanced demand concerns against a possible supply disruption. Clearly that balance broke yesterday amid the renewed global growth concerns. While oil is 1.2% higher at $58.62 a barrel this morning, the damage is clear. ---Bloomberg

。Facebook's (FB) vaulting ambition to create a new global digital currency has led it to hold talks with some of America’s largest trading houses and crypto exchanges, FT reports. They include Jump and DRW, Chicago's biggest highfrequency trading firms, as well as Coinbase and Gemini, which was founded by Mark Zuckerberg's sworn enemies - the Winklevoss twins. The project is thought to be "bigger and more open" than just a way to make payments and purchases within Facebook, Instagram and WhatsApp, linking the currency's value to the dollar to be used across the real world.---Wall Street Breakfast

。Although the agency is not committing to a timetable, FAA representatives told the United Nations' aviation agency that the grounding of Boeing's (BA) 737 MAX in the U.S. could end as early as late June, Reuters reports. The target, if achieved, means U.S. airlines would likely not have to greatly extend costly cancellations of MAX jets they have already put in place for the peak summer flying season.---Wall Street Breakfast

。Amazon.com (AMZN) shares will reach $3,000 between mid-2021 and mid-2022, according to a Piper Jaffray analyst report. Piper said that this move — which would be a more than 60 percent jump from current levels — is based on Amazon meeting what it considers conservative growth targets. ---CNBC

。Foot Locker(FL) — The athletic footwear and apparel retailer reported adjusted quarterly profit of $1.53 per share, missing estimates by 7 cents a share. Revenue also came in below forecasts, and a comparable-store sales increase of 4.6% was below the 5.1% estimate of analysts surveyed by Refinitiv. ---CNBC

。Intuit(INTU)beat consensus estimates by 15 cents a share, with fiscal third-quarter profit of $5.55 per share. The TurboTax software maker’s revenue also came in above estimates and the company raised its full-year forecast. ---CNBC

。There is bullish call on Cannabis producer Aphria (APHA)at Jefferies. Analyst Owen Bennett (Buy/C$15) sees a "big disconnect between valuation and strategic positioning," adding that a "significant re-rating in shares" is ahead as the company emerges from allegations of inflated assets and insider deals. He also believes positive developments in the U.S. could boost the stock. ---Seeking Alpha






太平洋时间上午7:34：道指+83，标准普尔500指数+ 9.26，纳斯达克指数+ 39.35，罗素2000 +12.75，WTI原油+ 0.54％，黄金-0.32％，美元指数-0.15％，10年期国债收益率2.333 + 0.037

海外市场：上海+ 0.02％，日本-0.16％，香港+ 0.32％，德国+ 0.62％，英国+ 0.79％，法国+ 0.78％。

弱势行业：OIH，IYT    强势行业：IBB，SOCL，IYR，EWG

特朗普总统称贸易协议会快速达成的乐观谈话鼓励了今早开市股票买家。 FAANG股票的反弹帮助纳斯达克上升，而波音（BA）的强势帮助了道指。然而谈话只是谈话，美中贸易谈判并没有任何进展迹象。道指早前曾上涨约180点，现在回落至仅上涨83点。从技术面来看，道指昨日收于200日移动均线25434附近是正面的。但主要市场指数的走势仍在下行，因为它们仍低于50日移动均线。随着特朗普的乐观谈话的消退，道琼斯指数再次重新测试其200日移动平均线的机会大。

。特朗普总统发表“乐观”评论，他重复此前的报道称他将在6月份的20国集团会议上与中国的习近平会面，这促进了美中贸易谈判的“进步希望”，特别是在特朗普再次预测贸易协议会快速达成并可能包括华为.---Zero Hedge

。3月份出现巨大的上行意外后，4月份耐用品订单预计将环比下滑2.0％，但初步数据略差于预期（环比下跌2.1％），并且3月份明数据显下调（从+ 2.8％上升至+ 1.7％）.---Zero Hedge

。昨日石油价格是今年最糟糕的一天，随着商品因风险资产下跌而下跌近6％。由于投资者平衡了对可能出现供应中断的担忧，中东地区的紧张局势有助于避免原油对全球贸易的一些担忧。显然，在全球经济增长担忧加剧的情况下，尽管今早油价上涨1.2％至每桶58.62美元，但损失仍然很明显。 ---彭博

。据英国“金融时报”报道，Facebook（FB）创建新的全球数字货币的雄心壮志促使它与美国一些最大的贸易公司和加密交易所进行谈判。它们包括芝加哥最大的高频交易公司Jump和DRW，以及由Mark Zuckerberg的死敌 -  Winklevoss双胞胎创立的Coinbase和Gemini。该项目被认为“更大，更开放”，而不仅仅是在Facebook，Instagram和WhatsApp中进行支付和购买的方式，将货币的价值与美元联系起来，用于整个现实世界.---Wall Street Breakfast

。据路透社报道，虽然该机构没有遵守时间表，但美国联邦航空局的代表告诉联合国航空机构，美国波音公司（BA）737 MAX的停飞可能最早在6月下旬结束。目标如果实现，意味着美国航空公司可能无需大幅延长昂贵的MAX喷气机取消费用，这些喷气机已经准备在夏季飞行高峰期使用.---华尔街早餐

。根据Piper Jaffray分析师报告，亚马逊（AMZN）股价将在2021年中期至2022年中期达到3,000美元。派珀表示这一举动 - 将比当前价位水平高出60％以上 - 是基于亚马逊满足其认为的保守增长目标。 --- CNBC

。Foot Locker（FL） - 运动鞋和服装零售商报告调整后的季度利润为每股1.53美元，小于预期7美分。收入也低于预期，同店销售额增长4.6％，低于Refinitiv调查的分析师预期的5.1％。 --- CNBC

。Intuit（INTU）第三财季每股盈利5.55美元好于市场普遍预期15美分。 TurboTax软件制造商的收入也高于预期，该公司并上调了全年预测。 --- CNBC

。Jefferies 分析师Owen Bennett（买入/15美元）认为Aphria (APHA)  “估值与战略定位之间存在巨大脱节”，并补充称，随着公司出现资产膨胀和内幕交易的指控淡化后，“股价重估”将会出现。 他还认为，美国的积极发展可以提振股票。---Seeking Alpha