Mar 7, 20212 min
Hi friends,
Markets saw a stark recovery towards the end of the week for the 5-day delta
but not before enduring some serious thrashing from the previous weeks. We have the five day report ending on 3/5/2021:
Dow Jones 30: 31,496.30 (0.06%, year-to-date: 2.91%)
S&P 500: 3,841.94 (-0.89%, year-to-date: 2.29%)
Nasdaq: 12,920.15 (-3.73%, year-to-date: 0.25%)
Covid Vaccination
Over 100 million doses of Covid-19 vaccines have been administered to individuals as of Saturday (3/6/2021) morning.
Breach at Microsoft
Hackers attack Microsoft's email servers, claiming tens of thousands of victims from around the world. Cybersecurity firms move forward with investigations to identify what exactly was compromised in the breach.
Relief Bill
U.S. Senate passes President Biden's $1.9 trillion stimulus package, with the last step of approval expected this coming Tuesday (3/9/2021). The relief bill seeks to distribute $1,400 checks for qualifying individuals.
Next Week's Earnings
Earnings are going through a period of rest but here's a few you might want to pay attention to:
Campbell Soup Company - CPB (10th Mar 2021)
Oracle Corporation - ORCL (10th Mar 2021)
Ulta Beauty, Inc - ULTA (11th Mar 2021)
Oracle Corporation (ORCL)
AutoZone is one of the U.S.'s (with international influence) premier aftermarket automotive parts retailer. Let's try to live up to the company's namesake and see if fundamentals now is any indication of the future:
Annual Top-Line Revenue:
2016: $37.05B
2017: $37.73B
2018: $39.83B
2019: $39.51B
2020: $39.07B
Last 4 Earnings Result (from most recent):
Beat
Beat
Beat
Beat
Historical Stock Returns:
3-month: 16.69%
1-year: 50.25%
5-year: 86.39%
Who's in the same space as Oracle?
Oracle is up against Microsoft (MSFT), International Business Machines (IBM), and Amazon (AMZN) to name a few.
Discord Launched!
Just as a PSA, we released our discord channel! Log in and go to the dashboard at www.calltoleap.com/courses and scroll to the bottom of the page for instructions on how to get plugged into the community.
If you're a paid subscriber, remember to check in on positions in the wheel in your dashboard or in the course pages! Until next time!
- Call to Leap Team
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