Analytics, News, and Forecasts for CFD Markets: stock news — 01-02-2021.

U.S. stock-index futures rose on Monday, following a drastic sell-off on Wall Street last week, as the shares of silver miners benefited from a spike in silver prices, caused by the Reddit traders.

Global Stocks:

(company / ticker / price / change ($/%) / volume)

FXStreet тщеуы that еhe S&P 500 Index has seen a further sharp fall following the daily and weekly DeMark sequential exhaustion signals and a bearish “reversal week” has now also been established to further increase bearish pressure. The Credit Suisse analyst team looks for a retest of the rising 63-day average and low for the year at 3666/63. 

“The technical outlook for the S&P 500 continues to deteriorate as not only do we have daily and weekly DeMark sequential exhaustion signals in place along with a divergent daily and weekly bearish RSI momentum setup but also now and potentially more significantly a bearish “reversal week” has been established on high volume. This raises the risk we may be set for a more significant and deeper correction lower than originally looked for.”

“We maintain our tactical bearish bias and look for a test of the 63-day average and low for the year at 3666/63. Whilst we would look for an attempt to hold here, a direct break can see bearish pressure increase further for a test of the 38.2% retracement of the October/January rally and December lows at 3636/28. Whilst we would expect a better defence of support here, a break would confirm we are indeed set for a more protracted fall with support seen next at 3488 and then the 200-day average at 3350, which if seen would represent a 13.5% fall from the peak.” 

Tesla (TSLA) target raised to $1200 from $515 at Piper Sandler

Intel (INTC) downgraded to Under Perform from Market Perform at Northland Capital; target lowered to $46

Tesla (TSLA) upgraded to Buy from Hold at First Shanghai

February 2

Before the Open:

Alibaba (BABA). Consensus EPS RMB20.94, Consensus Revenues RMB214392.81 mln

Exxon Mobil (XOM). Consensus EPS $0.02, Consensus Revenues $48756.27 mln

Pfizer (PFE). Consensus EPS $0.46, Consensus Revenues $11322.44 mln

UPS (UPS). Consensus EPS $2.14, Consensus Revenues $22854.96 mln

After the Close:

Alphabet (GOOG). Consensus EPS $15.99, Consensus Revenues $52856.63 mln

Amazon (AMZN). Consensus EPS $7.00, Consensus Revenues $119654.28 mln

Amgen (MGN). Consensus EPS $3.35, Consensus Revenues $6579.79 mln

February 3

After the Close:

eBay (EBAY). Consensus EPS $0.83, Consensus Revenues $2713.74 mln

PayPal (PYPL). Consensus EPS $1.00, Consensus Revenues $6092.07 mln

Qualcomm (QCOM). Consensus EPS $2.09, Consensus Revenues $8245.15 mln

February 4

Before the Open:

Int'l Paper (IP). Consensus EPS $0.81, Consensus Revenues $5303.17 mln

Merck (MRK). Consensus EPS $1.39, Consensus Revenues $12646.47 mln

After the Close:

Ford Motor (F). Consensus EPS -$0.09, Consensus Revenues $33963.09 mln

Peloton (PTON). Consensus EPS $0.12, Consensus Revenues $1028.13 mln

Snap (SNAP). Consensus EPS $0.07, Consensus Revenues $854.60 mln

T-Mobile US (TMUS). Consensus EPS $0.54, Consensus Revenues $19875.94 mln