Daily Data Flow: Earnings Boost Stocks for Fourth Straight Day; Gas Prices to Fall; Euro Makes Cautious Gains on Dollar

Daily Data Flow

Earnings Boost Stocks for Fourth Straight Day (Bloomberg)
Several companies, including Boeing and Apple, reported earnings today, and the resultant investor confidence led to an increase in stocks, adding a fourth straight day to the S&P 500’s rally. “First-quarter earnings have generally exceeded expectations and looked good, but second-quarter guidance seems to be ratcheting lower,” Eric Teal, chief investment officer at First Citizens BancShares Inc., in Raleigh, North Carolina, said. “So it’s a bit of a mixed bag and the market has been volatile.”

Gas Prices to Fall (CNBC)
According to analysts, gas prices should decrease in the near future. “I have a lot more faith that refinery runs are going to increase than I do that gasoline use is going to increase to above last year’s level,” said Tom Kloza, chief oil analyst with Gas Buddy. “We can almost count that we’re going to run more crude. … This is a little bit of a malaise, a little funky, a little bit of zombie consumption out there.”

Euro Makes Cautious Gains on Dollar (Reuters)
Optimism regarding a resolution of Italy’s political gridlock and anticipation of the European Central Bank’s impending meeting led to the euro making some gains against the U.S. dollar today. “With regards to the outlook for the ECB, focus has turned to next Thursday’s meeting, with rising expectations for an easing in monetary policy,” said Eric Theoret, forex strategist at Scotiabank in Toronto.

Exclusive  3 Best 5G Stocks to Buy Now

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE


img
previous article

In keeping with last week’s theme of highlighting international technology companies, today’s ETF Talk focuses on China. Indeed, China is the world’s most populous country and its people increasingly have money to spend on the latest smartphones, computers and other devices. U.S. companies such as Apple are placing big bets on the Chinese consumer, but there also are Chinese companies seeking to gain market share. An exchange-traded fund (ETF) which tracks these Chinese technology companie

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader
LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Profits Alert
  • Hi-Tech Trader
LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • Intelligence Report
  • Bullseye Stock Trader
LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program
LEARN MORE HERE

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Technical Traders Alert
  • Success Trading Group
LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor
LEARN MORE HERE