‘Planet Microcap’ Podcast really presents Bobby Kraft on the stock market and provides insight into microcap stocks.
US stock markets were modestly higher on Thursday morning after President Biden signed a series of executive orders in the first hour of his presidency.
The Dow Jones industrial average averaged 34 points, or 0.11%, in the first minutes of trading, while the S&P 500 and Nasdaq Composite were up 0.1% and 0.4%, respectively. All three biggest averages ended in a record area on Wednesday.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| Ek: DHI | after | after | after | after |
| SP500 | S&P 500 | 3856.04 | +4.19 | + 0.11% |
| I: COMP | NASDAQ COMPOSITION INDEX | 13518.142069 | + 60.89 | + 0.45% |
Biden’s orders included extending the freeze on student loan payments and the moratoriums on eviction and negligence for those affected by COVID-19. Other measures, including the cancellation of the permit for the Keystone XL pipeline, the accession to the Paris climate agreement and, among other things, the construction of the southern boundary wall.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| UAL | UNITED LIGHT LINES HLDG. | 42.43 | -2.75 | -6.08% |
Looking at equities, United Airlines Holdings reported a fourth consecutive quarterly loss in the three months to December, as the COVID-19 pandemic continued to weaken demand for air travel. The Chicago-based airline lost $ 7.1 billion in 2020, but said the next few quarters will be difficult, but that it will be a return on travel and cost savings, leading to the 2019 profit margins set in 2019. 2023 will be exceeded.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| BKS | after | after | after | after |
Baker Hughes Co. missed the revenue but beat the earnings and said the energy market will decline by the middle of this year.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| AAPL | APPLE INC. | 135.72 | +3.69 | + 2.80% |
Elsewhere, the price target for Apple Inc. shares was raised to $ 152 from $ 144 at Morgan Stanley, which is forecast for a record quarterly earnings and earnings from the upcoming report.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| TSLA | TESLA INC. | 848.94 | -1.51 | -0.18% |
According to data from research firm Cross-Sell, the vehicle registrations of Tesla Inc. in the state of California increased year by year by 63%. The increase in registrations is amplified by the demand for the Model Y crossover vehicle.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| GM | GENERAL MOTORS COMPANY | 56.38 | +0.53 | + 0.95% |
In other auto news, General Motors is driving to its sixth record this month as investor optimism rises after a spate of strategy moves this month.
In commodities, West Texas Intermediate crude fell 33 cents to $ 52.98 a barrel and gold slipped $ 2.10 to $ 1,864.40 an ounce.
European markets were volatile after the European Central Bank restrained policy with France’s CAC 40 falling 0.34% and Germany’s DAX 30 rising 0.11%. Britain’s FTSE 100 was 0.06% higher.
In Asia, Hong Kong’s Hang Seng index fell 0.12%, while the Japanese Nikkei 225 rose 0.82% and the Chinese Shanghai index rose 1.07%.