Market 2018-04-10 (FB, Sprint, Crude, and more)

Stocks remain its rally, as China's Pres. Xi helped soothe trade war fears with plans to further open up the country's economy, including significantly reducing import tariffs for automobiles, improving market access for foreign investors, and better enforcing intellectual property rights of foreign firms.

Treasury: 30-year -0.14%. 10-yr -0.1%. 5-yr -0.1%. TLT -0.18%.
Crude +3.67% to $65.75. Gold +0.29% to $1,344.00.

Winners

Facebook jumps 4.5% as Zuckerberg faces Senate questions (still going now, some questions are very stupid). TWTR +5.4%, SNAP +2.3%, GOOG +1.6%.

Sprint (S +17.2%) and T-Mobile (TMUS +5.7%) have restarted deal talks, again. VZ +2.9%, T +1.8%.

Crude price jumps (USO +3.7%) as Syria is causing big trouble again. XLE +3.3%, Exxon Mobil XOM +2.9% as BofA Merrill Lynch adds to US 1 List. DVN +6.8%, RRC +6.1%, NFX +6.1%, HP +5.6%, PXD +5.3%, CXO +5.3%, COP +2.8%, CVX +2.5%, APC +3.3%...

 NVDA +5.8% after receiving upgrades. MU +5.3%, STX +5.4%, WDC +2.4%, Semiconductor sector SOXX +3.2%.

Bayer (OTCPK:BAYRY +6.3%) surges following yesterday's WSJ report that DOJ will allow the German company to acquire Monsanto (MON -0.1%).

Chain store beaten down stocks are strong today: SMRT +16.9%, FTD +10.6%, FRED +4.7%, GES +4.1%, ETSY +8.3%, DXLG +6.1%, TLRD +4.6%...

Losers

Airlines swing from big gains to loss. UAL -1.4% said Q1 revenue should come in at the high end of guidance, and capacity at the low end. AAL -4.7% sees Q1 TRASM up 3-4% vs. 2-4% previous guidance, and CASM up 3% vs. 2.5% previous guidance. LUV -1.3%, DAL -0.4%...

YY -2.4%, was down more than 5% in the mid-day. Its game streaming unit Huya files for American-share IPO. In its F-1 filing, the company said in 2017 it drew total net revenues of $335.8M ($318.1M of that from live streaming, with the remainder listed as advertising and other); gross profit of $39.2M; and a net loss attributable to ordinary shareholders of $15.5M. Average monthly active users number 86.7M; there's 99 minutes spent on app per day per active user; and it covers more than 2,600 videogames.

My Trades Today

Sold half NVDA @ $228, semiconductor sector has been a battleground lately. I prefer day-trade or ultra-short-term trading at this point.
Sold half FB @ $165
Added more LUV
Added more YY below $96.

Comments

  1. JasonApril 10, 2018 at 2:19 PM

    Matta对YY很有信心啊，加了好多仓。今天YY这个跌法，有特定原因吗？是不是因为头条的内涵段子被封，会让投资者们觉得国内的短视频/直播领域要被肃清而有风险？

    ReplyDelete
    Replies
    1. UnknownApril 10, 2018 at 6:11 PM

      是啊，感觉太莫名其妙了，相比来说最近MOMO还比较稳健。加仓指望下个季报能振奋一下

      Delete

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