Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week
A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will r
Market Update For the past 3 weeks, Russell and Nasdaq outperformed the S&P 500 and the Dow.Dow, S&P 500, NASDAQ, Russell2000Let's take a look at the chart above and visually compare the 4 major indices for the past 3 weeks, where I highlighted in orange. It is clear that Russell has the most gain followed by Nasdaq, S&P 500 and the Dow. This could suggest that some of the growth stocks (refer to my video that talked about bottomed out growth stocks if you missed it, as there is plenty of upside) and small cap stocks are beating the value stocks. So far, there is nothing threatening on the indices in terms of the price action and the volume. Although Dow and S&P 500 are under-performed, it could pr