Investing.com - In the past few days, the market has been so good in the market that some analysts are asked if the profit has already laid in prices for a whole year.
On Monday, stock indices in the United States rose again: Dow Jones and Nasdaq Composite demonstrated three-digit growth, and S & P 500 showed the best results from June.
Disposable vaccine from COVID-19 from Johnson & Johnson (NYSE: NYSE: JNJ), which has just received from FDA permission to emergency use, will enter the market in the coming days, instilling hope for accelerating the vaccination process. Senate is now considering the plan of incentives for $ 1.9 trillion, proposed by the administration of Byyden, which will become another incentive for economic growth.
The newly opening business increases the shares of air and tourist companies. On Monday, Boeing (NYSE: BA) received an additional impetus after the conclusion of new orders for aircraft 737 MAX.
Some companies continued to make a profit due to the trend of remote work: Zoom Video shares (NASDAQ: ZM) jumped a few hours after the opening of the Exchange, when the company reported on the profit, which had better expectations, and also presented rainbow forecasts for this year. Shares draftkings (NASDAQ: DKNG) also jumped by 10% on the expectations that even more states will be allowed to do on the Internet on the sport.
Here are three things that can affect the market on Tuesday:
1. The network of cinemas will show the results for the fourth quarter
AMC Entertainment (NYSE: AMC) will report on Tuesday for the fourth quarter, and it is expected that it will be a gloomy picture. Cinemas, including the largest network operator AMC, struggled to stay afloat, until recently, without being able to fully open up key markets as New York. But now the situation in the cinema sector is improving because vaccination and restrictions are gradually being removed.
Analysts await that AMC will report losses in the amount of $ 3.49 per share, but are waiting for the company's forecast for the near future. AMC shares were one of the so-called shares of memes covered by the trading stir, which was roasted by the REDDIT Forum Participants using the RobinHood Platform. In any case, it will be interesting to hear what the AMC leadership will say about this.
2. Kohls and Target will report profits and prospects
On Tuesday, we will also get news from two large retailers - Kohls (NYSE: KSS) and Target (NYSE: TGT). Both can benefit from stimulating checks for $ 1400, which can be issued to individuals this month, if the Senate approves the plan to stimulate President Joe Bayden by $ 1.9 trillion. The Chamber of Representatives has already approved him.
Kohls is expected to report an income of 99 cents during $ 5.9 billion revenue, and Investing.com's Target analysts are waiting for a share of $ 2.55 at $ 27.3 billion income.
3. Two healthcare IPOs
This week attention will be directed to the debut of two companies. Insurance Internet company Oscar Health (NYSE: OSCR) seeks to attract $ 1 billion at a price of $ 32-34 and a market value of $ 7.7 billion. It will go on the exchange under the OSCR ticker.
The company that helps care for the elderly people Innovage Holding intends to collect $ 300 million at a $ 2.4 billion market capitalization. The company provides for more than 6,600 elderly people in 17 medical centers in five states.
By Liz Moyer.
Read Original Articles on: Investing.com