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Companies' bottom lines are getting a boost from the reopening, but stocks don't seem to care


Companies’ bottom lines are getting a boost from the reopening, but stocks don’t seem to care
CNBC
5 hrs ago
The reopening story is now getting very real, at least for Wall Street.
The latest earnings reports are chock-full of companies reporting earnings above expectations, and most importantly, raising guidance.
Take steel maker Nucor, which reported what CEO Leon Topalian called the most profitable quarter in our Company s history on improved pricing and margins. We expect earnings for the second quarter of 2021 to exceed our first quarter results, setting a new record for quarterly earnings. Most of the end-use markets we serve remain strong and inventories remain lean across supply chains. We believe the current favorable demand environment will continue through the rest of 2021, he wrote to investors. ....

United States , Alec Young , Goldman Sachs , Garretta Holland , York Stock Exchange , Borg Warner , Kansas City Southern , Union Pacific , Tenet Healthcare , New York Stock Exchange , New York Stock , Tactical Alpha , David Kostin , ஒன்றுபட்டது மாநிலங்களில் , அலெக் இளம் , கோல்ட்மேன் சாக்ஸ் , யார்க் ஸ்டாக் பரிமாற்றம் , Borg எச்சரிக்கை , கன்சாஸ் நகரம் தெற்கு , தொழிற்சங்கம் பெஸிஃபிக் , கொள்கை சுகாதாரம் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , புதியது யார்க் ஸ்டாக் , தந்திரோபாய ஆல்பா , டேவிட் கோஸ்டின் ,

Stocks Are Booming Higher, But Traders Are Having a Harder Time Making Money


Of course, the market hit new highs in January and February, but this, time it s different. Previous new highs in January and February were greeted with some hand-wringing: it was mostly big-cap tech stocks that were forcing the markets higher.
Not this time.
The rally has broadened out, big-time. Far more stocks are advancing than declining. Nearly one-fourth of the stocks in the S&P 500 and the NYSE Composite Index are at new highs. Recently, laggard groups like utilities, health care, and REITs have been outperforming prior leaders like technology and industrials.
Value is at a new high. Growth is at a new high. Big caps are at new highs, midcaps are at new highs. The small-cap Russell 2000 is lagging slightly, 4% off its high, but no one seems to be complaining too much. ....

New Zealand General , New Zealand , Alec Young , Peter Tchir , Frank Gretz , Michaeln Kahn , Lowry Research , Academy Securities , Wellington Shields , Tactical Alpha , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , அலெக் இளம் , தாழ்வான ஆராய்ச்சி , கலைக்கழகம் பத்திரங்கள் , வெலிங்டன் கவசங்கள் , தந்திரோபாய ஆல்பா ,