Market 2018-05-14 (TGT, WDC, XRX, and more)

Market has a peaceful day, in contradiction to the bloody mess in Israel, or terrorist attack in France.

 Bonds yields inch higher: 30-year -0.11%. 10-yr -0.02%. 5-yr -0.02%. TLT -0.5%.

Crude -1.18% to $70.52. Gold -0.31% to $1,318.20. UUP +0.12%.

Winners:

SYMC +9.6% bounces back after the free-fall last week amid Audit investigation.

Retailers are recovering, TGT +3.8% as buying action picks up in the week ahead of the retailer's earnings report scheduled for May 23; Baird has an Outperform rating on Target and a price target of $85. GPS +4.1%, LB +2.8%...

WDC +2.9% on JPMorgan initiation with an Overweight rating (BUY), . MU +2.3%. 

BABA +2.2%, it touched $200 today. YY +3% continued to bounce back. QD +6.3% also jumped.

Biotech continues last Friday's rally, IBB +1%.  Also CVS +3.7%.

Losers

Xerox (XRX -4.3%) says it has reached a settlement agreement with investors Carl Icahn and Darwin Deason and will end its merger deal with Fujifilm

Tesla (TSLA -3%) two top executives left. Matthew Schwall, the director of field performance engineering, and Doug Field, the engineering chief. Meanwhile, the NTSB investigates multiple crashes involving Tesla vehicles. Investors are expected to shake the board in the coming shareholder meeting, including Elon's brother, who is in restaurant business, and FOX CEO, who knows nothing about engineering.

Earnings This Week


https://i.redd.it/bj6jnmqggfx01.jpg

Earnings in AH

Vipshop Holdings (VIPS): Q1 EPS of $0.17 misses by $0.01.
Revenue of $3.2B (+24.7% Y/Y) beats by $120M.
Shares -19%.

Agilent (A): Q2 EPS of $0.65 beats by $0.01.
Revenue of $1.21B (+10.0% Y/Y) in-line.
Shares -7.2%.

No Trade Today

Comments

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