Archives of “April 2021” month
rssGuide to market moves
Thought For A Day
The action of the market is the only opinion you need to listen to. From ‘Reminiscences of a Stock Operator’ – Lefevre 1923
Focus is a critical skill in the market. It’s easy to get distracted but concentration is key. From Darvas ‘How I Made $2 Million…’
The Texas Instruments transaction by Darvas from ‘How I Made $2 Million…’ This extended buy actually worked – very strong market.
From ‘Commonsense Speculation’ – 1938.
US stocks hit another closing record as the party continues
Closing changes for the main North American markets
- S&P 500 +15 to 4185 (+0.36%)
- DJIA +0.5%
- Nasdaq +0.1%
- Toronto TSX +0.2%
On the week:
- S&P 500 +1.4%
- DJIA +1.3%
- Nasdaq +1.1%
- Toronto TSX +0.6%
The S&P 500 is a pretty picture for the bulls:

CFTC Commitments of Traders: Little changes in the futures net position data for the week
Weekly forex futures positioning data for the CFTC for the week ending April 13, 2021
- EUR long 67K vs 68K long last week. Longs trimmed by 1K
- GBP long 26K vs 20K long last week. Longs increase by 6K
- JPY short 58K vs 58K short last week. Unchanged.
- CHF long 1K vs 3K long last week. Longs trimmed by 2K
- AUD long 4K vs 4K long last week. Unchanged.
- NZD long 3K vs 3K long last week. Unchanged
- CAD long 2K vs 3K long last week. Longs trimmed by 1K
- Last weeks report
Highlights:
- Apart from a change in longs of 6K for the GBP, the other currencies had small unchanged to 2K changes in positions.
- The EUR remains the largest net speculative position, with the JPY as the next largest.
- The JPY is the only short position.
- The CHF, AUD, NZD and CAD have modest net speculative positions of 1K to 4K.
What key earnings are scheduled for next week
The major earnings releases for the week starting April 19
The banks had stellar earnings this week, to kick off the current earnings season. What is scheduled for next week? Below is a snapshot of some of the major releases.
*= Before the market open
Monday, April 19
- United Airlines
- IBM
- Coca Cola*
- Zion Bancorporation
Tuesday, April 20
- Abbott Laboratories*
- Biogen Inc*
- Interactive Brokers Group
- Lockheed Martin*
- Northern Trust*
- Travelers*
- P&G*
- Comerica*
- CSX
- intuitive Surgical
- Kinder Morgan
- Netflix
- Phillip Morris*
- J&J*
Wednesday, April 21
- Bakers Hughes
- Whirlpool
- Haliburton*
- Verizon Communications
- Chipotle Mexican Grill
Thursday, April 22
- American Airlines*
- Southwest Airlines*
- AT&T*
- Blackstone Group*
- Intel
- Dow*
- DR Horton*
- Freeport McMoRan*
Friday, April 23
- American Express,*
- Kimberly Clark*
- Honeywell*
- Schlumberger*
What about some of the other big cap growth stocks (subject to change)
- Alphabet, April 26
- AMD, April 26
- Starbuck, April 27
- Microsoft, April 27
- Tesla, April 27
- Amazon, April 28
- Apple, April 28
- Boeing, April 28
- eBay, April 28
- Facebook, April 28
- Shopify, April 28
- Spotify, April 28
- Twitter, April 29
- PayPal, May 4
- Uber, May 5
Walt Disney, May 13