Hello and welcome to another issue of 🕵 The Seeker 🕵
"The seeker is a very brave person. He is not afraid of the dark. He is not afraid of the unknown. He is willing to take risks, to go to the edge of his own limits, to explore new territories of the heart and mind." - Osho
Exciting changes are coming to our newsletter!
We will be leveraging our technical expertise to provide you with a comprehensive overview of the market, including hard-to-find information and insights.
Instead of our current publishing schedule, we will be posting daily or every other day, ensuring that you're always up to date on the latest market news and trends.
Through this new strategy, our publication aims to keep you up-to-date with the latest market happenings, facilitating your ability to stay informed and make informed trading decisions.
That way you will be better equipped to identify and anticipate trends, as well as recognize potential risks and opportunities that may emerge in the coming days.
First, let’s start by exploring what happened on Monday.
Some of the biggest gainers were:
The biggest gainer was the integrated security solutions company Guardforce AI GFAI 0.00%↑ with a 25% gain on Monday.
Another big gainer was TG Therapeutics, TGTX 0.00%↑ with a 22% move to the upside on Monday.
Some of the biggest losers
The biggest loser on Monday was the communications software specialist AudioCodes AUDC 0.00%↑ which lost 21%
Gravity Co. GRVY 0.00%↑ had a rough day as well. On Monday the stock closed with more than 12% loss.
Sector Performance
Overall it was a quiet post-Easter Monday, with Industrials leading the pack, while Communication Services were at the bottom finishing with a negative -0.69% for the day.
Some of the more notable companies that had reported earnings in recent days.
The food producer Lamb Weston LW 0.00%↑ reported 1.43 EPS on Thursday last week, beating the estimates of 0.99 with 44%. They had a surge in revenue as well beating the estimates by 8% and sitting on $1.254B
Our proprietary Machine Learning tool for estimating the Sentiment from the Earnings call shows a negative change in QoQ, however, we are still above the average sentiment from the last 2 years, signaling a possible worsening outlook for the upcoming quarter, but still better than usual.
The industrial specialties RPM International also reported earnings on Thursday 6th of April. They reported 0.38 EPS beatings the estimates of 0.308 EPS, by 20%.
Our Earnings Call Sentiment analysis shows a big change on a QoQ basis to the upside. Signaling a potential bullish sentiment over the following months.
Upcoming Earnings Today.
Today before the market opens the retail sale of used vehicles CarMax KMX 0.00%↑ is reporting earnings.
The estimates given by 17 Analysts are as follows:
The average estimated eps is 1.61 with the highest going up to 1.93 and the lowest at 1.29
The average expectation for the revenue is $9,97B, while the highest is $11.9B and the lowest is $7.97B.
Options Market for the big Indices
SP500
NASDAQ
Dow Jones
Bitcoin Corner
Some of the more notable Analyst Grade changes:
Costco COST 0.00%↑ upgraded to Outperform by Oppenheimer and Telsey Advisory
FedEx FDX 0.00%↑ upgraded to Outperform by Raymond James and Stephens & Co.
BNP Paribas - downgraded Applied Materials AMAT 0.00%↑ to Neutral from Outperform
T-Mobile TMUS 0.00%↑ and Verizon VZ 0.00%↑ upgraded to Outperform
That’s all for today’s edition.
If you want to stay informed about everything that happened in the market, and have that information edge at any time, make sure to subscribe.
😎 Cheers! 😎
Disclaimer: Please note that the information provided in this article is for general informational purposes only and does not constitute financial, legal, or professional advice. The information provided should not be relied upon as a substitute for financial, legal, or professional advice. Before making any decision, it is important to consider all relevant information and consult with a professional who can provide personalized advice based on your specific circumstances. The author and publisher of this article cannot be held liable for any actions taken based on the information provided. This is not a recommendation to buy or sell any specific securities or financial instruments.