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Markets Unsettled After Israel Attacks Iran

Friday, April 19, 2024 08:25 AM | Bobby Raines

First Look

Markets are unsettled Friday morning with major U.S. indices trading lower. Israel struck Iran overnight, potentially escalating tensions in the Middle East. Iranian media has downplayed the attack. Oil is down from its immediate post-attack highs and other haven assets have also slipped since the immediate post-attack surge. The S&P is down 0.14%, the S&P is down 0.14%, and the Nasdaq is down 0.26%.

Today's Sentiment

Neutral

Quote of the Day

The less one knows, the more he thinks he knows, and the more willing he is to employ any and all measures to enforce his views upon others.
Paul P. Harris

Daily Action Trade

Stocks on the Move

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Higher

  • ZHONGCHAO (ZCMD)
  • Redwoods Acquisition (RWODU)
  • Redwoods Acquisition (RWOD)
  • Ault Alliance (AULT)
  • Next e GO (EGOX)
  • WANG & LEE Group (WLGS)

Lower

  • Tritium DCFC (DCFC)
  • BioNexus Gene Lab (BGLC)
  • Nexalin Technology (NXL)
  • AGBA Group Holding (AGBA)
  • Tian Ruixiang Holdings (TIRX)
  • iSpecimen (ISPC)

Upgrades & Downgrades

Upgrades

  • Netflix Inc (NFLX)
  • Rush Street Interactive Inc (RSI)
  • Shopify Inc (SHOP)
  • Lam Research Corporation (LRCX)
  • Ichor Holdings Ltd (ICHR)
  • First Solar Inc (FSLR)

Downgrades

  • Pure Storage Inc (PSTG)
  • Harmony Gold Mining Company Ltd (HMY)
  • Synovus Financial Corp (SNV)
  • Crown Castle Inc (CCI)
  • Ulta Beauty Inc (ULTA)
  • Southwestern Energy Co (SWN)

International Markets

Stocks in Asia are mixed. The Hang Seng is up 0.82%, the Shanghai SE Composite Index is up 0.09%, the Mumbai Sensex (S&P BSE SENSEX) is down 0.62%, the Australia ASX All Ordinaries is down 0.98%, and the Nikkei 225 is down 2.66%. Stocks in Europe are down. The DAX is down 0.65%, the FTSE 100 is down 0.46%, the Euro Stox 50 is down 0.37%, and the CAC 40 is down 0.19%.

Futures & Currencies

Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.41 at $82.34 per barrel. Brent crude is flat $0 at $86.49 per barrel. Natural Gas is flat $0 at $1.75. Precious metals are down this morning. Gold is down $1.35 at $2377.25 per ounce. Platinum is down $16.5 at $928, while silver is down $0.03 at $28.21. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen, and down against the Pound. Bitcoin is down 1.5% to $62,090.76, while Ethereum is down 1.51% to $3,021.08.

Put/Call Ratio

Yesterday, 4,612,187 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,574,768 put contracts. The single-session put/call ratio was 0.99.

Today's Economic Calendar

No. What's Happening? Period Release Time
1 Nothing Scheduled
2
3

Earnings Expected Today

ACU, AXP, FITB, HBAN, LBAI, PG, RF, SLB, WIT, YS

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