On Thursday, Federal Reserve Chairman Jerome Powell backed moving more quickly to combat inflation and said a 0.5% rate increase would be "on the table". His comments sparked a tech stock sell off yesterday with the Nasdaq Composite came down over 2%. Today, Nomura analyst says FOMC will hike 0.5% in May then follow by 0.75% increase in both June and July. This caused the stock market to deteriorate further this morning with the Dow, S&P 500 and Nasdaq Composite dropping 1.74%, 1.82% and 1.61% respectively at 9:10 AM West Coast Time.
Other negative news for the market are: Bank of America says AAPL could miss on top and bottom line on its Q1 report; VZ drops after mixed Q1 report and lowered outlook for full fiscal year 2022; HCA Q1 revenue is better than expectation but earning missed, trimmed its 2022 guidance sparks sell off among hospital peers; GPS slides after analysts cut estimates with confidence fading. GPS announced the departure of Old Navy Brand CEO and lowered sales guidance for Q1. GPS's weakness is dragging down the retail sector stocks; Other blue chip stock losers are CAT, WBA, NKE, UNH and V with each down more than 2%.
Many major corporations are reporting Q1 results next week. They include KO on Monday, GOOG , MSFT, MMM, GE and UPS on Tuesday, BA and FB on Wednesday, AAPL, AMZN, TWTR, MRK, BMY, CAT and MCD on Thursday. With high inflation, interest rate hikes, Russia/Ukraine war and China Covid lock down, it is hard to believe companies will project optimistic outlooks when they report Q1 results.
Technically, The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite are all below their 20,50,100 and 200 moving averages, all trends for them are now down. It looks very likely that all the above 3 major indexes are destine to test their recent lows. These lows ate Dow 32806, S&P 500 4115 and Nasdaq Composite 12555.
周四，美联储主席杰罗姆·鲍威尔(Jerome Powell)支持加快行动以对抗通胀，并表示将“提上议事日程”加息0.5%。他的言论昨天引发科技股抛售，纳斯达克综合指数下跌超过 2%。今天，野村分析师表示，FOMC 将在 5 月加息 0.5%，然后在 6 月和 7 月各加息 0.75%。这导致今天早上股市进一步恶化，道琼斯指数、标准普尔 500 指数和纳斯达克综合指数在西海岸时间上午 9:10 分别下跌 1.74%、1.82% 和 1.61%。
其他对市场不利的消息是：美国银行表示，苹果公司第一季度报告的营业额和盈利都可能会小于预期；在第一季度报告喜忧参半并下调 2022 财年展望后，VZ 下跌； HCA Q1 收入好于预期，但盈利未达预期，下调了 2022 年的指引，引发医院同行的被抛售；分析师对GPS的信心消退而下调估计，GPS 大跌。 GPS 宣布 Old Navy Brand 首席执行官离职，并下调了第一季度的销售指导。 GPS的疲软正在拖累零售板块的股票；其他跌幅跌超过 2%的蓝筹股 有CAT、WBA、NKE、UNH 和 V。
许多大公司将在下周公布第一季度业绩。它们包括周一的 KO，周二的 GOOG、MSFT、MMM、GE 和 UPS，周三的 BA 和 FB，周四的 AAPL、AMZN、TWTR、MRK、BMY、CAT 和 MCD。随着高通胀、加息、俄罗斯/乌克兰战争和中国新冠疫情的封锁，很难相信公司在报告第一季度业绩时会表现出乐观的前景，无论第一季财报有多好。
从技术上讲，道琼斯工业平均指数、标准普尔 500 指数和纳斯达克综合指数均低于 20,50,100 和 200 点移动平均线，它们的所有趋势现在都在下跌。看来，上述三大主要指数很有可能都将测试其近期低点。这些低是道琼斯指数 32806、标准普尔 500 指数 4115 和纳斯达克综合指数 12555。
No comments:
Post a Comment