🎉Market Views Are Nice From Up Here🎉

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Hi friends,


The indexes set new record highs this week! We are well on our way to achieving financial freedom!

Here's a look at the 5-day change for ETF's SPY (or the S&P 500), DIA (or the Dow 30), and QQQ (or the Nasdaq 100).


SPY : 0.4%, closed at $435.52

DIA : 0.28%, closed at $348.73

QQQ : 0.48%, closed at $361.01

TECHnically a competition


President Joe Biden signed an executive order to limit big corporations such as tech companies from monopolizing industries. His idea is to promote competition so that few companies don't own the majority of an industry. This competition may also lead to innovation and better prices for consumers. This is something to keep an eye on as we do like tech companies!


Race for 1st place in space


Richard Branson has been gearing up to be the first billionaire in space, set to launch this Sunday, July 11th 2021. This beats Jeff Bezos' launch date. This milestone opens up many possibilities and opportunities for the future. Perhaps Amazon will ship us to space, same day delivery.


Not that Delta, the other Delta


The "Delta variant" of the Covid-19 virus has been on the radar. Pfizer and BioNTech announced that they are developing a booster vaccine to combat the new variant. We saw what Covid-19 did to the market in 2020 and therefore it is something to watch out for. Please refer to the CDC for accurate information and current guidelines.

Earnings


Here's earnings for the upcoming week:


  • PepsiCo Inc (PEP): 2021-07-13 Before Market Open (Estimated EPS: 1.53)

  • First Republic (FRC): 2021-07-13 Before Market Open (Estimated EPS: 1.74)

  • Delta Air (DAL): 2021-07-13 Before Market Open

  • JPMorgan Chase (JPM): 2021-07-13 Before Market Open (Estimated EPS: 3.13)

  • Goldman Sachs (GS): 2021-07-13 Before Market Open (Estimated EPS: 9.51)

  • Citigroup Inc (C): 2021-07-14 Before Market Open (Estimated EPS: 2.03)

  • Wells Fargo (WFC): 2021-07-14 Before Market Open (Estimated EPS: 0.93)

  • United Health (UNH): 2021-07-14 Before Market Open (Estimated EPS: 4.47)

  • Bank of (BAC): 2021-07-14 Before Market Open (Estimated EPS: 0.78)

  • Delta Air (DAL): 2021-07-14 Before Market Open (Estimated EPS: -1.44)

  • U.S (USB): 2021-07-15 Before Market Open (Estimated EPS: 1.09)

  • The Bank (BK): 2021-07-15 Before Market Open (Estimated EPS: 1.03)

  • Netflix Inc (NFLX): 2021-07-15 After Market Close (Estimated EPS: 3.21)

  • PPG Industries (PPG): 2021-07-15 After Market Close (Estimated EPS: 2.22)

  • Domino's (DPZ): 2021-07-15 Before Market Open (Estimated EPS: 2.87)

  • Charles Schwab (SCHW): 2021-07-15 Before Market Open (Estimated EPS: 0.77)

  • Truist Financial (TFC): 2021-07-15 Before Market Open (Estimated EPS: 1.18)

  • Morgan Stanley (MS): 2021-07-15 Before Market Open (Estimated EPS: 1.68)

  • People's (PBCT): 2021-07-15 After Market Close (Estimated EPS: 0.34)

  • United Health (UNH): 2021-07-15 Before Market Open (Estimated EPS: 4.47)

  • Cintas Corporation (CTAS): 2021-07-15 Before Market Open (Estimated EPS: 2.31)

  • Progressive Corp (PGR): 2021-07-15 Before Market Open (Estimated EPS: 1.1)

  • Charles Schwab (SCHW): 2021-07-16 Before Market Open (Estimated EPS: 0.77)

Goldman Sachs (GS)


Let's check out Goldman Sachs as their earnings are approaching Tuesday, July 13th before the market opens. GS is a multinational investment bank and financial services company. More money flowing into a reopening economy means more money to invest! Therefore, GS has some potential for growth! So...How are the fundamentals?



Annual Top-Line Revenue:

  • 2020-12-31 : $44.56B

  • 2019-12-31 : $36.55B

  • 2018-12-31 : $33.42B

  • 2017-12-31 : $29.53B

  • 2016-12-31 : $28.05B


Earnings History:

  • 2021-03-31 : beat (Estimate: 10.53, Actual: 18.6)

  • 2020-12-31 : beat (Estimate: 7.7, Actual: 12.08)

  • 2020-09-30 : beat (Estimate: 5.74, Actual: 9.68)


Historical Stock Returns:

  • 3-month : 11.3%

  • 1-year : 83.93%

  • 5-year : 145.4%