While the markets were mostly positive today, though all eyes are on Apple (NASDAQ: AAPL) and their pending earnings report due out after the close. Apple is always a market mover and there is no reason to think this time will be different. The Dow 30 was lower by 9 today but the S&P 500 added 4, and the Nasdaq 100 was the best performer, up 44 thanks to Netflix. Tomorrow expect the markets to be volatile as investors weigh Apples earnings. There is also news on total vehicle sales that are due out throughout the day.
Netflix (NASDAQ: NFLX) was higher by 2.07% today, making new highs in the process despite news that a hacker or group of hackers known as "the dark overlord" said it stole and leaked the upcoming season of the hit series Orange is the New Black." The media company said that they refused to meet a ransom demand which investors cheered. The hacker group also threatened other broadcast agencies as well as specific shows that it would target next but no word from those companies on how they are handling the situation.
Dish Network (NASDAQ: DISH) was lower today by2.34% after announcing a mixed earnings report. While the company beat on earnings, revenue was lower by almost 4% from a year ago as the satellite TV provider "lost more subscribers than expected in the first quarter." Overall though, shares of the company remain just off highs and were mostly back and forth today.
Caterpillar (NYSE: CAT) was lower by 0.24% despite a positive review in Barrons over the weekend. The paper said the "stock could rise another 20% over the next year." The article highlighted how the company is best positioned to benefit from President Trump's policies. Despite the good news investors were hesitant to chase the name given its already impressive rally of late.