If there was ever a morning to illustrate the outsized impact one stock can have on the Dow Jones Industrial Average , this is it.
Fed Chair Jerome Powell appeared on 60 Minutes last night and repeated what’s becoming kind of a Fed mantra about being patient and watching the data. Not surprisingly, he didn’t specifically discuss interest rates in the interview, but did repeat what he said recently to Congress about seeing signs of slowing global growth.
Friday’s focus was on the February U.S. jobs report , which at 20,000 new positions came in way under Wall Street’s expectations for gains of around 180,000. It’s never a good idea to look at one report in isolation, and the same goes for this one. Three-month average jobs gains are right around 186,000, which is pretty good, but the volatility of the numbers is keeping investors on their toes.
Remember, until negotiations conclude, U.S. companies really don’t have a roadmap for trade, and that appears to be affecting many of their capital expenditure plans. It’s getting close to Q1 earnings season and many analysts expect year-over-year losses for S&P 500 earnings. If there’s no resolution on trade heading into the next round of earnings, that means investors might not be able to glean much information from CEOs and other executives of future spending plans.
Earnings this coming week are a little sparse, but computer tech company Oracle is expected to report after the close Thursday, perhaps offering investors a fresh look at the cloud space. Look for a preview of ORCL’s earnings on Ticker Tape later this week.
Source: Real Estate Daily Report (realestatedailyreport.net)
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Southwest says it remains 'confident' in its fleet of Boeing planes after Ethiopia crashSouthwest Airlines Co. expressed confidence in its Boeing Co. aircraft and said has no plans to change operations in the wake of a deadly crash involving a 737 Max 8 aircraft in Ethiopia. But shares of the airline fell over 3% in premarket trading, alongside a nearly 9% drop in Boeing shares. "As Southwest operates a fleet of 34 Boeing 737 MAX 8 aircraft, we have been in contact with Boeing and will continue to stay close to the investigation as it progresses," said a spokesman for the company. Ethiopian Airlines Flight 302 crashed shortly after takeoff from the capitol of Addis Ababa, killing all 157 people on board. It's the second deadly accident involving Boeing's popular 737 Max 8 in six months, with the last occurring in October when an Indonesia Lion Air jet crashed into the sea, killing all 189 on board. China's civilian aviation authority has ordered all airlines to ground those Max 8 planes, while Ethiopian Airlines has grounded its entire fleet of those planes. "We don't have any changes planned to our operational policies or procedures," said the Southwest spokesman. Losses for Boeing drove a 170-point drop in Dow futures. Boeing needs to ground all these new 737's immediately Caution is warranted pending the investigation and review of the facts at hand. Dont be a hero
Source: MarketWatch - 🏆 3. / 97 Read more »
Boeing could bring the Dow industrials to a hard landingAerospace giant is arguably the U.S. market’s most dangerous stock, and puts the Dow Jones Industrial Average at risk, writes Sven Henrich. NorthmanTrader Playing catch up? I've been saying that the last 2 weeks..... NorthmanTrader What about Apple or Amazon? NorthmanTrader There was no need for this opinion, if the fundamentals are good and consistent for long time with huge backlog what was the reason for this just before market open, do more good to the world than bad!
Source: MarketWatch - 🏆 3. / 97 Read more »
Ryanair eyes Airbus for Laudamotion, Boeing MAX 10 for main fleetRyanair is in early discussions with Airbus about a potential future order for s... check out that rake F1 RT : Ryanair eyes Airbus for Laudamotion, Boeing MAX 10 for main fleet
Source: Reuters - 🏆 2. / 97 Read more »
Air Lease says Boeing signaling 'full speed ahead' for midsized jetBoeing Co is indicating 'full speed ahead' for a new midsized airplane... Hello Do your Need High Quality product Background removal service? Please Order Now: I am a expert level Photoshop Editing Background Removed Clipping Path Images Editing image Retouching Image resize Image masking.
Source: Reuters - 🏆 2. / 97 Read more »
Boeing jets could be part of broad U.S.-China trade deal: CEOPurchases of U.S.-made Boeing Co aircraft by China could be part of a sweeping d... Of course, where’s trump’s cut We just sold a bunch to Vietnam 👍🏼👍🏼🇺🇸🇺🇸🇺🇸💰💰💰 Remind me again who Boeing donates to?
Source: Reuters - 🏆 2. / 97 Read more »
American Airlines cancels 40 flights amid aircraft issue, takes planes out of serviceThe airline is removing more than a dozen planes from service after discovering an overhead-bin issue that led to cancellation of nearly 40 flights. Are. You. Serious. Are. You. Real
Source: USATODAY - 🏆 100. / 63 Read more »
After Dumping the A380 Dreamliner, Airbus Bets on Smaller JetsEuropean plane maker Airbus for two decades was the biggest champion of the world’s largest airliners. After dumping the A380 superjumbo earlier this year, the jet maker is all but ceding the market for the very-biggest airliners to rival Boeing. “Mr Faury said in an interview ahead of taking Boeing’s top job”? Think you may need a correction unfortunately. MAGA!
Source: WSJ - 🏆 98. / 63 Read more »
Ethiopian Airlines Boeing 737 crashes near Addis AbabaAn Ethiopian Airlines Boeing 737 heading to the Kenyan capital Nairobi has crashed near Addis Ababa, the airline said on Sunday morning. It's not like those planes have been in the air for a while, the airliners have been around long enough that they know what they are doing and are not going to take action against that. Wtf Wow. A few planes crashed over the weekend. Malfunction or terrorists? Did anyone survive?
Source: CNN - 🏆 4. / 95 Read more »
Ethiopian Airlines Boeing 737 crashesAn Ethiopian Airlines Boeing 737 heading to the Kenyan capital Nairobi has crashed near Addis Ababa, the airline said on Sunday morning. Terrible news So so sad. Not again!
Source: CNN - 🏆 4. / 95 Read more »
After Dumping the A380, Airbus Bets on Smaller JetsEuropean plane maker Airbus for two decades was the biggest champion of the world’s largest airliners. After dumping the A380 superjumbo earlier this year, the jet maker is all but ceding the market for the very-biggest airliners to rival Boeing. Si el mercado sin mercado... lentos. Ahora seran A3XX y series. The A380 is a beautifully smooth and quiet aircraft. It’s far more comfortable than any Boeing I’ve flown in. See covert Fight against Airbus via Former Austrian MOD Doskozil to smear the Company and to manipulate its market worth
Source: WSJ - 🏆 98. / 63 Read more »