EARN25

Earnings Send Stocks Mixed; VIX Marks 5th Loss

Oil and gold both eked out wins

Managing Editor
Apr 18, 2023 at 4:27 PM
facebook X logo linkedin


The major indexes closed out another wishy-washy session mixed, as investors continue to digest big name earnings and their impact on the U.S. economic outlook. Volatility is expected to continue with all eyes on Netflix (NFLX), United Airlines (UAL), and several other bank earnings reports due out tonight and before the bell tomorrow. The Cboe Volatility Index (VIX), meanwhile, logged a fifth-straight daily loss.

Continue reading for more on today's market, including:

  • Red-hot Crocs stock has room to run.
  • It's pre-earning bear notes for this Elon Musk stock.
  • Plus, 2 names seeing analyst attention today and Lockheed stock's post-earnings surge. 

Closing Indexes Summary April 18

NYSE and Nasdaq Stats April 18

 Things to Know Today 

  1. A recently noted flaw in the build of its 737 Max planes will not falter Boeing's (BA) plans to increase production, says CEO Dave Calhoun. (CNBC)
  2. The U.S. Treasury department said Secretary Janet Yellen will give remarks on the nation's economic relationship with China on Thursday. (MarketWatch)
  3. Rare double upgrade boosted chip giant.
  4. Bulls cheered this solar stock.
  5. Earnings sent Lockheed stock to a fresh record high.

Corporate Earnings April 18

Unusual Options Activity April 18

China GDP Data Pushes Oil Higher

Higher-than-expected gross domestic product (GDP) data out of China sent crude modestly higher for today's session. May-dated crude added 3 cents, or 0.1%, to close at $80.86 per barrel.

Gold managed to eke out a win despite a brief stint below $2,000 and two days of losses. The June-dated commodity added $12.70 or 0.6%, to settle at $2,019.70 an ounce.

 

You Don’t Need 25 Alerts -- You Need ONE You Can Trust!

That’s the idea behind Trade of the Week, Schaeffer’s newest trade alert.

Every Monday morning before the opening bell, you’ll receive a single, expertly researched trade recommendation -- built from the same proprietary research we’ve been using for over four decades.

It’s not just a signal.

It’s a plan designed for traders who are tired of jumping from alert to alert without ever finding their edge.

No juggling alerts. No switching directions mid-week. Just one clear, expertly researched trade idea -- delivered before the market even opens.

👉 JOIN RIGHT NOW FOR JUST $1 TO GET THE NEXT TRADE!