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Home / Business / Amazon and Apple earnings – is this where everything goes wrong for the stock market?

Amazon and Apple earnings – is this where everything goes wrong for the stock market?



Hopefully, the Dow 25,000 hat does not end up in the heap of things that do not "kick joy" in your life last year.

That's right, go away from the stock record accessories, Marie Kondo, who near 25,000 and a venture beyond 2,700 for the S & P 500 looks clear on February 1st. It seems that only yesterday investors were gnashing their teeth over a partying S&P level thought to be unattainable just a few weeks ago. But now – the market has blown right past it.

"At this point, we are far enough away from 2600 support as it will probably be the level we retreat to," CrackedMarkets Jani Zieden's told clients.

But when a market is this "bi-polar" from focusing on all the negatives in December to push away everything that scares it at the beginning of the year ̵

1; investors should stay on their toes, caution Ziedens said.

"Given January's dramatic rebound, the clear December plunge was completely unjustified. But too far in one direction it often leads too far in the other. That means there is a good chance that this month will increase, too. Be a little too far, too fast, he says.

He thinks we can get an idea of ​​how much legitimacy is to be placed in the last market rally, once bears and emotional sellers at the end of last year have stopped climbing each other to get back to the market.

However, Wall Street meets another thorn in its turn after another market signal failed to meet the expected delay late Thursday.

AMZN, + 2.89%

may be in its worst session since the end of last year, when record-high holiday sales were concealed by a weak first-quarter growth forecast and talk of higher spending in 2018.

Our Day Call by Joe Rundle, CEO of Markets.com, says that the Amazon news is alarming along with Apple's disappointing results last week. Although investors should not base their portfolio decisions based on one set of company results, if the investment atmosphere worsens, these earnings can be seen as warnings just before the mess inserts.

"It won't cause infection until there is a snowball effect – the markets will push it off. But if 2019, 2020 is going to be a terrible year in markets, I think it's likely that people will point to these the moments as a warning "they should have listened to, Rundle said in a phone call.

After all, they are two major US companies that can operate single market swings, and both provide valuable insight into consumer spending.

Don't miss: After the Fed, we are all "data junkies" now

"Amazon is a domestic indicator for the United States … and Apple when it did the warning, was totally focused on China, says Rundle. In the future he says, it is not that tough to imagine that Apple and the Amazon results are being used as "massive leading indicators."

Expecting a storm of the Amazon Speaker for Friday , and here is a neat summary from Neil Saunders, CEO of GlobalData Retail, who says he remains positive at the dealer:

"The Prime platform still has enormous potential, there are many up in units and there are many opportunities to improve their own brands (some of them have underperformed). Together, along with AWS (Amazon Web Services), this means that Amazon has the potential for future growth. However, it is also clear that Amazon now has to work twice as hard to achieve future sales gains. "

Read: Amazon may have put many eggs throughout the food basket.

Market

Dow

YMH9, + 0.13%

and S & P 500

ESH9, -0.04%

futures are flat, while Amazon seems to weigh on Nasdaq

NQH9, -0.49%

futures. Thursday's session ended with gains for S & P 500

SPX, + 0.86%

and Nasdaq

COMP, + 1.37%

but an almost flat finish for Dow

DJIA, -0.06%

Check out more coverage in Market Snapshot

Gold

GCG9, -0.08%

cling to another victory while the dollar

DXY, -0.02%

and oil

USA: CLU8

is flat.

Europe stocks

SXXP, [2.2459006] -0.22%

is again quite mixed. Asia was mixed, but the Shanghai Composite

SHCOMP, + 1.30%

rose despite weak production data.

Plus: Here's what the stock market's monster January rally means for February

Map

It's Friday, and it means time for the Bank of America Merrill Lynch's Flow Show, which is one of those best weekly market share reviews out there.

Our Day Chart from that note zeroed into what the Bank said was registering US equity outflows over the past three months, at a $ 82 billion amount. "Like about 2% of total assets, that is, in line with US equity bearishness on" events "and" major declines "of [the] last decade, the bank's strategists point to this chart:


Here's a bonus chart of their latest bull & bear indicator, which goes on a scale of 1 to 10, with the former being extremely bearish and the latter extremely bullish. It sits on 3.3 right now, so still on the buying side.


Note, The bank also says the biggest counter-call out there right now is a Fed hike this year.

Buzz

Apart from Amazon, Symantec

SYMC, + 0.96%

reported late on Thursday and is on a earnings strike. Revenues that have rolled out Friday include Cigna

Cl, + 0.01%

Merck

MRK, + 1.44%

HON, + 0.24%

Madison Sq. Garden

MSG, + 0.37% Exxon

XOM, + 1.37%

and Chevron

CVX, + 1.45%

Troubled German banking group Deutsche Bank

DB, -4.41%

reported a profit for the first time since 2014, but sales declined.

Get ready for a smaller, cheaper version of Nintendos

[19659000] 7974, -9.19%

Switch console.

Thousand tons of Venezuelan gold – worth about $ 850 million – stuck in the central bank's vault among accusations dictator Nicolás Maduro is trying to move it to Russia or Dubai. Meanwhile, the excitement of Venezuela opposition leader Juan Guaidó says a brutal security force threatened his family.

The economy

There is a large data day with non-salary for January, unemployment and average hourly wage. Markit Manufacturing Purchase Managers Index, Department of Supply Management's manufacturing index, along with construction costs, consumer sentiment and wholesale registrations.

Read: Lease probably reduced sharply in January, but not for reasons you might think

Quote

"We looked at the whole Kiss production process and we made some adjustments to shape the tips to allow us to have greater consistency. "- It was Hershey CEO Michele Buck who explained what led the famous chocolate cakes to lose their delicate point in an interview with CNBC. Tips on the iceberg?

State
] USA TODAY Sports

Super Bowl LIII here we come

$ 14.8 billion – There are so many consumers planning to spend on Sunday's Super Bowl match between the New England Patriots (yes, again) and the Los Angeles Rams. It is averaging $ 81.30 each, but billions being spent are down from $ 15.3 billion last year, which remains the third highest record, according to the National Retail Federation. The expected dip is down to forecasts that fewer will see the big game – 182.5 million in 2019 compared to 188.5 million last year.

Read: Fake Super Bowl tickets and merchandise is a $ 24 million criminal activity

Meanwhile, the code breaks why the team made perfect – Tom Brady and Gisele – annoy some of us so much. And Super Bowl ads – device and many dogs.

Like the Amazon:

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Goodbye polar whirl this weekend, and don't let the frozen door turn you out:

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