Corning Incorporated
GLW
NYSE31.53
The Waiting Game for Record Highs
> The wait is over.
> After more than seven months, the S&P 500 Index notched a fresh all-time closing high of 2,933.68 on April 23. To get here, investors have weathered back-and-forth in trade negotiations, a historic government shutdown, unrelenting Brexit headlines, the Federal Reserve’s (Fed) U-turn in policy, and signs of a global slowdown.
> Fortunately, U.S. stocks have powered through record highs after a prolonged dry spell. As shown in the LPL Chart of the Day, the S&P 500 has climbed an average of 12.9% in the 12 months after snapping at least 6-month long record high drought, based on data since 1950.
> ###### (CLICK HERE FOR THE CHART!)
> “It has been a long time since the S&P 500 scored a new high, yet this could actually hint at future gains,” said LPL Research Senior Market Strategist Ryan Detrick. “The waiting game for record highs may be tough, but it has proven the durability of this bull market based on sound fundamentals.”
> Stocks’ rapid rebound this year has been impressive, especially 10 years into the current bull market. The S&P 500 has rallied more than 20% from the December lows amid the Fed’s pause in rate hikes, progress in trade talks, and an uptick in economic data after a soft beginning to 2019.
> Historically, when U.S. stocks have gone six months without a record, investors have had to contend with a significantly longer waiting period (and more market volatility). The benchmark has taken an average of 25 months to post new highs in times it hasn’t hit a record within six months.
> We’ve maintained that the late-2018 sell-off was overdone, and we see a compelling case for equities near these levels based on sound economic fundamentals. However, the recovery has been arguably a bit fast considering some of the reasons for the decline have yet to be resolved. We think the S&P 500 could eventually move higher and make a run at our 3,000 fair value target, but we wouldn’t be surprised to see volatility pick up over the next few months.
STOCK MARKET VIDEO: Stock Market Analysis Video for April 26th, 2019
(CLICK HERE FOR THE YOUTUBE VIDEO!)
STOCK MARKET VIDEO: ShadowTrader Video Weekly 04.28.19
(CLICK HERE FOR THE YOUTUBE VIDEO!)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
> * $AAPL > * $AMD > * $GE > * $SQ > * $SPOT > * $GOOGL > * $CVS > * $SHOP > * $MA > * $QCOM > * $MCD > * $TWLO > * $MDR > * $PFE > * $X > * $MRK > * $WDC > * $GM > * $ATVI > * $BP > * $AKS > * $ON > * $L > * $ABMD > * $AMRN > * $TNDM > * $TEVA > * $YETI > * $CI > * $GLW > * $W > * $MGM > * $ECA > * $STX > * $ZBRA > * $SALT > * $ARLP > * $APRN > * $AMGN > * $FEYE > * $FTNT > * $ANET > * $LLY
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
(CLICK HERE FOR MOST ANTICIPATED EARNINGS RELEASES FOR THE NEXT 5 WEEKS!)
(CLICK HERE FOR MONDAY'S PRE-MARKET MOST NOTABLE EARNINGS RELEASES!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:
> # Monday 4.29.19 Before Market Open: > ###### (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)
> # Monday 4.29.19 After Market Close: > ###### (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!)
> # Tuesday 4.30.19 Before Market Open: > ###### (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #3!)
> # Tuesday 4.30.19 After Market Close: > ###### (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!)
> # Wednesday 5.1.19 Before Market Open: > ###### (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!)
> # Wednesday 5.1.19 After Market Close: > ###### (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!) > ###### (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #4!)
> # Thursday 5.2.19 Before Market Open: > ###### (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #3!)
> # Thursday 5.2.19 After Market Close: > ###### (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!) > ###### (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #4!)
> # Friday 5.3.19 Before Market Open: > ###### (CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)
> # Friday 5.3.19 After Market Close: > ###### (CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) NONE.
Apple, Inc. $204.30
> Apple, Inc. (AAPL) is confirmed to report earnings at approximately 4:30 PM ET on Tuesday, April 30, 2019. The consensus earnings estimate is $2.37 per share on revenue of $57.60 billion and the Earnings Whisper ® number is $2.47 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat The company's guidance was for earnings of $2.10 to $2.47 per share. Consensus estimates are for earnings to decline year-over-year by 13.19% with revenue decreasing by 5.79%. Short interest has increased by 31.0% since the company's last earnings release while the stock has drifted higher by 25.1% from its open following the earnings release to be 6.6% above its 200 day moving average of $191.70. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, April 18, 2019 there was some notable buying of 12,176 contracts of the $195.00 put expiring on Friday, May 3, 2019. Option traders are pricing in a 4.7% move on earnings and the stock has averaged a 5.1% move in recent quarters.
> #(CLICK HERE FOR THE CHART!)
Advanced Micro Devices, Inc. $27.88
> Advanced Micro Devices, Inc. (AMD) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, April 30, 2019. The consensus earnings estimate is $0.05 per share on revenue of $1.26 billion and the Earnings Whisper ® number is $0.05 per share. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 54.55% with revenue decreasing by 23.50%. Short interest has decreased by 13.1% since the company's last earnings release while the stock has drifted higher by 29.7% from its open following the earnings release to be 20.1% above its 200 day moving average of $23.21. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, April 17, 2019 there was some notable buying of 13,780 contracts of the $26.00 call expiring on Friday, May 17, 2019. Option traders are pricing in a 11.7% move on earnings and the stock has averaged a 13.9% move in recent quarters.
> #(CLICK HERE FOR THE CHART!)
The Waiting Game for Record Highs
> The wait is over.
> After more than seven months, the S&P 500 Index notched a fresh all-time closing high of 2,933.68 on April 23. To get here, investors have weathered back-and-forth in trade negotiations, a historic government shutdown, unrelenting Brexit headlines, the Federal Reserve’s (Fed) U-turn in policy, and signs of a global slowdown.
> Fortunately, U.S. stocks have powered through record highs after a prolonged dry spell. As shown in the LPL Chart of the Day, the S&P 500 has climbed an average of 12.9% in the 12 months after snapping at least 6-month long record high drought, based on data since 1950.
> ###### (CLICK HERE FOR THE CHART!)
> “It has been a long time since the S&P 500 scored a new high, yet this could actually hint at future gains,” said LPL Research Senior Market Strategist Ryan Detrick. “The waiting game for record highs may be tough, but it has proven the durability of this bull market based on sound fundamentals.”
> Stocks’ rapid rebound this year has been impressive, especially 10 years into the current bull market. The S&P 500 has rallied more than 20% from the December lows amid the Fed’s pause in rate hikes, progress in trade talks, and an uptick in economic data after a soft beginning to 2019.
> Historically, when U.S. stocks have gone six months without a record, investors have had to contend with a significantly longer waiting period (and more market volatility). The benchmark has taken an average of 25 months to post new highs in times it hasn’t hit a record within six months.
> We’ve maintained that the late-2018 sell-off was overdone, and we see a compelling case for equities near these levels based on sound economic fundamentals. However, the recovery has been arguably a bit fast considering some of the reasons for the decline have yet to be resolved. We think the S&P 500 could eventually move higher and make a run at our 3,000 fair value target, but we wouldn’t be surprised to see volatility pick up over the next few months.
STOCK MARKET VIDEO: Stock Market Analysis Video for April 26th, 2019
(CLICK HERE FOR THE YOUTUBE VIDEO!)
STOCK MARKET VIDEO: ShadowTrader Video Weekly 04.28.19
(CLICK HERE FOR THE YOUTUBE VIDEO!)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
> * $AAPL > * $AMD > * $GE > * $SQ > * $SPOT > * $GOOGL > * $CVS > * $SHOP > * $MA > * $QCOM > * $MCD > * $TWLO > * $MDR > * $PFE > * $X > * $MRK > * $WDC > * $GM > * $ATVI > * $BP > * $AKS > * $ON > * $L > * $ABMD > * $AMRN > * $TNDM > * $TEVA > * $YETI > * $CI > * $GLW > * $W > * $MGM > * $ECA > * $STX > * $ZBRA > * $SALT > * $ARLP > * $APRN > * $AMGN > * $FEYE > * $FTNT > * $ANET > * $LLY
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
(CLICK HERE FOR MOST ANTICIPATED EARNINGS RELEASES FOR THE NEXT 5 WEEKS!)
(CLICK HERE FOR MONDAY'S PRE-MARKET MOST NOTABLE EARNINGS RELEASES!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:
> # Monday 4.29.19 Before Market Open: > ###### (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)
> # Monday 4.29.19 After Market Close: > ###### (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!)
> # Tuesday 4.30.19 Before Market Open: > ###### (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #3!)
> # Tuesday 4.30.19 After Market Close: > ###### (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!)
> # Wednesday 5.1.19 Before Market Open: > ###### (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!)
> # Wednesday 5.1.19 After Market Close: > ###### (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!) > ###### (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #4!)
> # Thursday 5.2.19 Before Market Open: > ###### (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #3!)
> # Thursday 5.2.19 After Market Close: > ###### (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!) > ###### (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!) > ###### (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!) > ###### (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #4!)
> # Friday 5.3.19 Before Market Open: > ###### (CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)
> # Friday 5.3.19 After Market Close: > ###### (CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) NONE.
Apple, Inc. $204.30
> Apple, Inc. (AAPL) is confirmed to report earnings at approximately 4:30 PM ET on Tuesday, April 30, 2019. The consensus earnings estimate is $2.37 per share on revenue of $57.60 billion and the Earnings Whisper ® number is $2.47 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat The company's guidance was for earnings of $2.10 to $2.47 per share. Consensus estimates are for earnings to decline year-over-year by 13.19% with revenue decreasing by 5.79%. Short interest has increased by 31.0% since the company's last earnings release while the stock has drifted higher by 25.1% from its open following the earnings release to be 6.6% above its 200 day moving average of $191.70. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, April 18, 2019 there was some notable buying of 12,176 contracts of the $195.00 put expiring on Friday, May 3, 2019. Option traders are pricing in a 4.7% move on earnings and the stock has averaged a 5.1% move in recent quarters.
> #(CLICK HERE FOR THE CHART!)
Advanced Micro Devices, Inc. $27.88
> Advanced Micro Devices, Inc. (AMD) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, April 30, 2019. The consensus earnings estimate is $0.05 per share on revenue of $1.26 billion and the Earnings Whisper ® number is $0.05 per share. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 54.55% with revenue decreasing by 23.50%. Short interest has decreased by 13.1% since the company's last earnings release while the stock has drifted higher by 29.7% from its open following the earnings release to be 20.1% above its 200 day moving average of $23.21. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, April 17, 2019 there was some notable buying of 13,780 contracts of the $26.00 call expiring on Friday, May 17, 2019. Option traders are pricing in a 11.7% move on earnings and the stock has averaged a 13.9% move in recent quarters.
> #(CLICK HERE FOR THE CHART!)
