A long weekend looms, but before that, there’s a lot to digest. Perhaps topping the list is the latest scuttlebutt around trade with China (see more below). Netflix earnings also Tokyo escorts rank high, with shares down 3% in pre-market trading after a Q4 revenue miss. Automaker Tesla is also in the news after announcing plans to shrink its workforce as it tries to lower product prices and improve its margins.
Amid optimism over China, markets in Europe and Asia all rose more than 1% early Friday, one of those few escorts in Tokyo times when every index is in sync. U.S. stocks also had a positive tone before the opening bell, but whether that can last is a big question. Whichever way the market is going heading into the last hour today, it might be interesting to see if it reverses course if people flatten out their positions in a possible attempt to lessen up on risk ahead of the weekend. Then we’ll have Japanese escorts to watch and see what kind of news comes out over the next three days, especially on the China front.
If investors needed any more evidence of Tokyo escort how closely the market is tracking U.S./China negotiations, they arguably got it Thursday. Major indices woke up from a lethargic morning after The Wall Street Journal reported that Treasury Secretary Steven Mnuchin proposed lifting some or all tariffs to advance trade talks and win China’s support for longer-term reforms.
This is far from a done deal, and investors should consider taking it for what it is—likely a trial balloon Tokyo escorts agency that could face resistance from harder-line U.S. negotiators. The other thing to consider is that China news can work both ways. There continues to be a lot of rumor and innuendo, and on any given day either positive or negative tidings on the situation could lift or trip up the markets.
Remember, as recently as Thursday morning, moods were sullen as China’s government escorts agency Tokyo referred to proposed U.S. legislation against Chinese firms Huawei and ZTE as “hysteria.” At the same time, there was a report that the U.S. was considering new auto tariffs. In other words, things can change on a dime.
That’s one reason volatility remains high, though the Cboe Volatility Index—the market’s main fear indicator, retreated down to near 18 on Thursday from above 30 in the days after Christmas.
With so much rumor in the air not only about China but also on the government shutdown and Brexit, caution could be the watchword going into the U.S. three-day holiday weekend. As we noted yesterday, recent Fridays have brought some profit taking, especially in weeks where the market has already booked some gains. This trend actually has a name high class Tokyo escorts : the “Friday effect.” If things do remain steady toward the last hour today, the takeaway would probably be bullish. That’s because it could solidify thoughts that people are getting more comfortable with risk after months of “risk-off” trading.
Some risk-on sentiment appeared to show up late this week as 10-year Treasury note yields climbed to 2.75% by the end of the day Thursday, closing in on three-week highs posted earlier this week. Some of the more cyclical sectors drew investor interest Tokyo Thursday, as well, with the sector leaderboard dominated by industrials, materials, and energy. The possibly softer tone in trade negotiations reported by The Wall Street Journal appeared to help those sectors, with some of the bellwether stocks like Caterpillar and Boeing getting a lift. Some analysts call these the canaries in the coal mine for optimism or pessimism about China tariffs.
Most of the FAANGs, on the other hand, only escorts posted small gains Thursday as investors awaited earnings from Netflix after the close. When the news did come, the Netflix movie appeared to have a bittersweet ending.
Yes, streaming subscriber numbers rose more than expected, climbing by 11.36 million in Q4, and the blogs company’s Q4 earnings per share beat third-party consensus estimates. However, revenue just missed analysts’ expectations. Also, Netflix also continues to spend a lot of money, though it promised its cash burn would peak this year and then go down. Comcast and Disney also have streaming options, so competition is heating up.
In a conference call with analysts, Netflix executives said the company’s spending reflects its move toward more “owned” content and production. Netflix expects 8.9 million global subscribers in Q1, above a pre-earnings third-party consensus of 8.2 million. That growth, it said, is due to the success of original productions like Bird Box.
In one sense, the spending isn’t necessarily a bad thing. If Netflix continues to put its money into successful https://www.celebritytokyoescorts.com/blog original productions, it’s arguable that the costs ultimately could pay off in more subscribers. Still, it seems like maybe Netflix has had such an incredible run in the market recently that a lot of the news is already out. The company released viewership numbers a while ago, so what else can it say? It may have run out of bullets on how to excite people, at least for now.
High-end retailer Tiffany is also in the news as it reported holiday results. The company guided toward the low end of its previously-disclosed earnings per share range, and comparable year-over-year sales fell 2% during the holiday season. Much of the company’s sales are related to tourism, so the spat between China and the U.S. might be a pressure point. However, shares bounced back in pre-market trading after being down earlier.