Stock Market News For Jul 10, 2018

collected by :Molly Tony

Moreover, market participants are looking for a solid second-quarter earnings season which will be kicked off later this week. The S&P 500 was up 0.9% led by 2.3% increase in Financials Select Sector SPDR (XLF), 1.9% rise in Industrials Select Sector SPDR (XLI), 1.5% gain in Energy Select Sector SPDR (XLE) and 1.2% rise in Consumer Discretionary Select Sector SPDR (XLY), partially offset by 3.1% decline in Utilities Select Sector SPDR (XLU). Financial and Industrial Sectors Lead Market RallyFinancial and industrial stocks rally significantly on Monday, which led to a broad-based market rally. Financials Select Sector SPDR (XLF) witnessed its biggest one-day percentage gain since Jun 6. Click to get this free reportJPMorgan Chase & Co. (JPM) : Free Stock Analysis ReportCitigroup Inc. (C) : Free Stock Analysis ReportBank of America Corporation (BAC) : Free Stock Analysis ReportThe Boeing Company (BA) : Free Stock Analysis ReportThe Goldman Sachs Group, Inc. (GS) : Free Stock Analysis ReportCaterpillar Inc. (CAT) : Free Stock Analysis ReportEni SpA (E) : Free Stock Analysis ReportExxon Mobil Corporation (XOM) : Free Stock Analysis ReportTo read this article on Zacks.com click here.

Interview With Legendary Technical Analyst Arch Crawford: Astrology And The Stock Market

Here's the interview:John Navin: What do you say to people who dismiss something as unconventional as astrology as the basis for market analysis? Arch Crawford: I do not try to convince them — almost always a waste of time. Crawford: Combination of astronomic cycles and strong confirmation from technical market analysis. Navin: Some of your best market timing success over the years has been in the gold market. Also, the 50-day moving average has dropped below the 200-day moving average and both have rolled over.

Stock Market News For Jul 11, 2018

As it stated in Investors have pinned high hopes on second-quarter 2018 earnings resulting in evaporation of trade war concerns at least for the time being. Earnings Expectations Mounting UpMarket participants are expecting strong showing by American corporates as second-quarter earnings season slowly gathering steam. (Read More: PepsiCo Stock Up on Q2 Earnings Beat, Revenues Lag)Following earnings results, the share price of PepsiCo soared 4.8%. Notably, banking giants JPMorgan Chase & Co. JPM, Citigroup Inc. C and Wells Fargo & Co. WFC will report second-quarter earnings results this week. Click to get this free reportJPMorgan Chase & Co. (JPM) : Free Stock Analysis ReportWells Fargo & Company (WFC) : Free Stock Analysis ReportCitigroup Inc. (C) : Free Stock Analysis ReportCoca-Cola Company (The) (KO) : Free Stock Analysis ReportPepsico, Inc. (PEP) : Free Stock Analysis ReportBecton, Dickinson and Company (BDX) : Free Stock Analysis ReportQEP Resources, Inc. (QEP) : Free Stock Analysis ReportProcter & Gamble Company (The) (PG) : Free Stock Analysis ReportTo read this article on Zacks.com click here.

3 Things to Watch in the Stock Market This Week -- The Motley Fool

Stocks rose last week as news of continued healthy growth in the job market offset investor concerns about global trade skirmishes. Below, we'll take a look at a few trends to watch for in the earnings news. MSC Industrial Direct's profitabilityMetalworking, maintenance, and repair tool specialist MSC Industrial Direct posts its results on Wednesday. In addition to those growth trends, investors will be watching gross profit margin for any signs that increasing raw material costs are eating into profitability. If MSC Industrial can't pass along those higher expenses to customers, it would imply softer operating results over the short term.