Wall Street Breakfast: China Beats Estimates

Good Morning From StockMarketRevolution.com!

Today, US stock markets will be closed. Financial markets in Europe have declined a bit. 

In China, investors were very positive about their economic performance. In Q4, GDP increased by 6.5%. The figure was better than expected, which made investors push up the financial markets in China. As a result,  tomorrow, I would expect chinese stocks in NY to trend higher.  

Source: Bloomberg

Source: Bloomberg

Source: Bloomberg

The USD continues to increase as compared to CAD, EUR, AUD, and CHF. With a new recovery plan of $1.9 trillion, investors reacted by pushing up the USD. Most traders will be wondering whether the USD will go up in the following months.  

Source: Investing.com

With the USD trending higher, crude oil, copper and gold are trending higher:

Source: Investing.com

In my view, if the USD continues its rally, we would expect crude oil to decline in the near future. If OPEC and Russia don’t deliver more production cuts, an increase in the US dollar would push the crude oil price down. In addition, with more countries entering lockdown, we would expect the oil demand to decrease. A rapid decrease in demand could make oil futures trend down. 

Source: CNN

This week, the following companies are expected to deliver earnings:

Symbol	Company	Earnings Call Time	EPS Estimate
TY	Tri-Continental Corp	Time Not Supplied	–
SCHW	Charles Schwab Corp	Before Market Open	0.71
SDLPQ	Seadrill Partners LLC	After Market Close	–
BAC	Bank of America Corp	Before Market Open	0.55
FMBIP	First Midwest Bancorp Inc	After Market Close	–
ZION	Zions Bancorporation NA	After Market Close	1.02
BSRR	Sierra Bancorp	Before Market Open	0.63
JBHT	J B Hunt Transport Services Inc	After Market Close	1.3
CNBKA	Century Bancorp Inc	Time Not Supplied	–
UNTY	Unity Bancorp Inc	Before Market Open	0.58
TBKCP	Triumph Bancorp Inc	Time Not Supplied	–
UCBIO	United Community Banks Inc	Time Not Supplied	–
PACW	PacWest Bancorp	Before Market Open	0.67
IBKR	Interactive Brokers Group Inc	Before Market Open	0.59
BOCH	Bank of Commerce Holdings	Before Market Open	0.28
UCBI	United Community Banks Inc	After Market Close	0.6
ONB	Old National Bancorp	Before Market Open	0.38
NCBS	Nicolet Bankshares Inc	Time Not Supplied	1.49
GNTY	Guaranty Bancshares Inc	Before Market Open	0.76
BANF	BancFirst Corp	Time Not Supplied	0.74
MBWM	Mercantile Bank Corp	Before Market Open	0.55
SBNY	Signature Bank	Before Market Open	2.89
WTFCP	Wintrust Financial Corp	Time Not Supplied	–
HAL	Halliburton Co	Before Market Open	0.15
CMA	Comerica Inc	Before Market Open	1.19
STT	State Street Corp	TAS	1.56
FULT	Fulton Financial Corp	After Market Close	0.31
FNB	F.N.B. Corp	TAS	0.24
PETS	Petmed Express Inc	TAS	0.38
ORRF	Orrstown Financial Services Inc	Time Not Supplied	0.59
PNFP	Pinnacle Financial Partners Inc	After Market Close	1.35
GS	Goldman Sachs Group Inc	Before Market Open	7.47
NFLX	Netflix Inc	TAS	1.39
SMBK	SmartFinancial Inc	After Market Close	0.43
AA	Alcoa Corp	After Market Close	0.1
UAL	United Airlines Holdings Inc	After Market Close	-6.6
CBSH	Commerce Bancshares Inc	TAS	0.94
INBK	First Internet Bancorp	After Market Close	0.85
CTBI	Community Trust Bancorp Inc	Time Not Supplied	0.92
MCB	Metropolitan Bank Holding Corp	Time Not Supplied	1.16
TCBIP	Texas Capital Bancshares Inc	TAS	–
BEDU	Bright Scholar Education Holdings Ltd	After Market Close	0.22
BPFH	Boston Private Financial Holdings Inc	Time Not Supplied	0.17
BK	Bank of New York Mellon Corp	Before Market Open	0.91
CVCY	Central Valley Community Bancorp	Time Not Supplied	0.38
FNLC	First Bancorp Inc	After Market Close	–
FBNC	First Bancorp (North Carolina)	Time Not Supplied	0.76
USB	U.S. Bancorp	Before Market Open	0.95
STL	Sterling Bancorp	After Market Close	0.46
PKBK	Parke Bancorp Inc	Time Not Supplied	–
BOKF	BOK Financial Corp	Before Market Open	1.92
FITBO	Fifth Third Bancorp	Before Market Open	–
SLMBP	SLM Corp	Time Not Supplied	–
CVBF	CVB Financial Corp	Time Not Supplied	0.34
PLXS	Plexus Corp	After Market Close	1.09
CFG	Citizens Financial Group Inc	Before Market Open	0.91
FAST	Fastenal Co	TAS	0.33
NVEC	NVE Corp	TAS	–
PG	Procter & Gamble Co	Before Market Open	1.51
WTFC	Wintrust Financial Corp	After Market Close	1.41
UMPQ	Umpqua Holdings Corp	After Market Close	0.48
HWC	Hancock Whitney Corp	After Market Close	0.9
CHMG	Chemung Financial Corp	Time Not Supplied	1.02
CCNE	CNB Financial Corp	Time Not Supplied	0.55
CNS	Cohen & Steers Inc	Time Not Supplied	0.68
DFS	Discover Financial Services	After Market Close	2.36
FCEL	Fuelcell Energy Inc	Before Market Open	-0.04
RJF	Raymond James Financial Inc	After Market Close	1.7
UNH	UnitedHealth Group Inc	Before Market Open	2.41
KMI	Kinder Morgan Inc	After Market Close	0.24
TDY	Teledyne Technologies Inc	Before Market Open	3.11
TER	Teradyne Inc	Time Not Supplied	1
SMBK	SmartFinancial Inc	TAS	0.43
MS	Morgan Stanley	TAS	1.27
SRCE	1st Source Corp	TAS	0.71
AMNB	American National Bankshares Inc	Before Market Open	0.69
ASB	Associated Banc-Corp	After Market Close	0.31
ACBI	Atlantic Capital Bancshares Inc	After Market Close	0.39
WAL	Western Alliance Bancorp	After Market Close	1.32
BMTC	Bryn Mawr Bank Corp	After Market Close	0.59
EBTC	Enterprise Bancorp Inc	Time Not Supplied	–
NBHC	National Bank Holdings Corp	After Market Close	0.66
INBK	First Internet Bancorp	TAS	0.85
BANC	Banc of California Inc	Before Market Open	0.18
BKR	Baker Hughes Co	TAS	0.16
OZK	Bank Ozk	After Market Close	0.78
IBM	International Business Machines Corp	After Market Close	1.79
TBK	Triumph Bancorp Inc	After Market Close	0.82
FITB	Fifth Third Bancorp	Before Market Open	0.69
TRST	TrustCo Bank Corp N Y	After Market Close	0.14
ICBK	County Bancorp Inc	After Market Close	0.38
CBNK	Capital Bancorp Inc	Time Not Supplied	0.57
BEDU	Bright Scholar Education Holdings Ltd	TAS	0.22
FMBH	First Mid Bancshares Inc	Before Market Open	0.72
HBANN	Huntington Bancshares Inc	Before Market Open	–
BMRA	Biomerica Inc	Before Market Open	–
DCOM	Dime Community Bancshares Inc	TAS	0.42
FBIZ	First Business Financial Services Inc	Time Not Supplied	0.59
FFIN	First Financial Bankshares Inc	After Market Close	0.37
MCBC	Macatawa Bank Corp	Time Not Supplied	0.2
TCBI	Texas Capital Bancshares Inc	TAS	1.13
RBNC	Reliant Bancorp Inc	After Market Close	0.53
SASR	Sandy Spring Bancorp Inc	Before Market Open	0.93
BKU	BankUnited Inc	Before Market Open	0.7
FBC	Flagstar Bancorp Inc	Before Market Open	2.36
HOMB	Home BancShares Inc	Before Market Open	0.4
UBFO	United Security Bancshares	Time Not Supplied	–
TOWN	Towne Bank	Before Market Open	0.54
WABC	Westamerica Bancorp	TAS	0.74
INDB	Independent Bank Corp (Massachusetts)	After Market Close	1.03
MTB	M&T Bank Corp	Before Market Open	3.02
BANR	Banner Corp	After Market Close	0.92
PCSB	PCSB Financial Corp	TAS	0.13
ISTR	Investar Holding Corp	After Market Close	0.32
NTRS	Northern Trust Corp	Before Market Open	1.49
FRMO	FRMO Corp	TAS	–
NWFL	Norwood Financial Corp	Before Market Open	–
WBS	Webster Financial Corp	Before Market Open	0.71
TRV	Travelers Companies Inc	Before Market Open	3.17
INTC	Intel Corp	After Market Close	1.1
CSX	CSX Corp	After Market Close	1
UNP	Union Pacific Corp	TAS	2.23
HTBK	Heritage Commerce Corp	After Market Close	0.18
CTXS	Citrix Systems Inc	TAS	1.33
TFC	Truist Financial Corp	Before Market Open	0.97
HTLD	Heartland Express Inc	Before Market Open	0.22
TAL	TAL Education Group	Before Market Open	0.07
SIVB	SVB Financial Group	After Market Close	3.83
PBCT	People’s United Financial Inc	After Market Close	0.33
FOR	Forestar Group Inc	After Market Close	0.37
WNS	WNS (Holdings) Ltd	TAS	0.6
HZO	MarineMax Inc	Before Market Open	0.56
PPG	PPG Industries Inc	After Market Close	1.58
ISRG	Intuitive Surgical Inc	After Market Close	3.12
LYTS	LSI Industries Inc	TAS	0.06
IIIN	Insteel Industries Inc	TAS	0.29
IIIN	Insteel Industries Inc	TAS	0.29
KEY	KeyCorp	Before Market Open	0.43
MRTN	Marten Transport Ltd	After Market Close	0.22
STX	Seagate Technology PLC	After Market Close	1.13
ALLY	Ally Financial Inc	TAS	1.06
ICBK	County Bancorp Inc	TAS	0.38
GCBC	Greene County Bancorp Inc	Time Not Supplied	–
RBCAA	Republic Bancorp Inc	Before Market Open	0.74
RBNC	Reliant Bancorp Inc	TAS	0.53
HBAN	Huntington Bancshares Inc	Before Market Open	0.29
LBAI	Lakeland Bancorp Inc	TAS	0.29
RF	Regions Financial Corp	Before Market Open	0.42
FHN	First Horizon Corp (Tennessee)	Before Market Open	0.33
PFIS	Peoples Financial Services Corp	Time Not Supplied	–
KSU	Kansas City Southern	Before Market Open	1.93
EDU	New Oriental Education & Technology Group Inc	Before Market Open	0.34
FHB	First Hawaiian Inc	Before Market Open	0.44
SMMF	Summit Financial Group Inc	Before Market Open	0.46
SIFY	Sify Technologies Ltd	Before Market Open	0.02
SLB	Schlumberger NV	TAS	0.17