Strong Earnings Results May Power Stocks Higher on April 25

Strong Earnings Results May Power Stocks Higher on April 25

This column is my opinion and expresses my views. Those views can change at a moments notice when the market changes. I am not right all the time and I do not expect to be. I disclose all my positions clearly listed on the page, and I do not trade my account on the stocks spoken of in this column unless fully disclosed. If that does not work for you stop reading and close the page. Do not bother me or harass me.

Otherwise, enjoy the column!

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April 25, 2019

Michael Kramer owns IWM Calls

Michael Kramer and the clients of Mott Capital own Microsoft

US Trading

  • S&P 500 Futures Unchanged
  • 10-Year 2.525%
  • VIX 13.21
  • Dollar Index 98.27
  • Oil 66.16

International Trading

  • Japan Nikkei +0.48%
  • China Shanghai -2.43%
  • Hong Kong HSI -0.86%
  • South Korea KOSPI -0.48%
  • Germany DAX -0.13%
  • UK FTSE -0.50%

International Markets


China fell hard last night on concerns that stimulus measure may be pared back. The index fell below some essential support and is now at risk of falling below support around 3,000. We do not want to start to see international markets pull back. However, what may be more important is that the RSI is still trending higher.


South Korea (KOSPI)

In yet another blow to our returning growth narrative, South Korea saw its GDP contract in the first quarter by 0.3%.  For now, the trends continue to support the KOSPI rising in the future.


We will need to continue to monitor these two markets, carefully.

US Markets

S&P 500 (SPY)

The S&P 500 is pointing to a flat opening. The chart of the E-mini S&P 500 futures would suggest that the index will break out today and rise above the old intra-day highs of roughly 2940.

S&P 500

Russell (RUT)

The Russell will get its chance also to break out and rise above resistance at 1,593. A break out could send the index to 1,640.

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Facebook (FB)

Facebook is trading higher this morning as expected, with the next significant level to watch for at $204.

Facebook, fb

Xlinix (XLNX)

Xlinix is falling sharply following its results. Unfortunately, I do not know the stock very well. I know it is likely to be a drag on the sector today.


Lam (LRCX)

Lam Research is jumping today after reporting better than expected results. The next level of resistance comes at $210. This is the second equipment maker to report solid results; yesterday it was Teradyne. It is a good sign the semi-space continues to see improvements.

lam, lrcx

Microsoft (MSFT)

Microsoft is trading above $130. I will need to some work on the chart, to figure out what is next.

microsoft, msft

3M (MMM)

3M is plunging after posting horrible results, and a drop to $193 seems likely.


Amazon (AMZN)

Amazon is rising this morning, and it is a big day for them with earnings tonight, and 2025 seems to be on the horizon.

amazon, amzn


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Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.

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