Stocks Rise, Boosted by Earnings, TXN Outlook

Texas Instruments shares are trading higher, despite reporting a 12% drop in
profits, as the company said business was improving. Lockheed Martin
(
LMT |
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reported a 17% income gain in Q1, but net sales posted only a 1% rise. AT&T
(
T |
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PowerRating) Q1 profit surged 97%, DuPont
(
DD |
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expectations.

The day’s disappointing news came from Juniper Networks
(
JNPR |
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which reported a 12% drop in profits, and Target
(
TGT |
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announced after the bell on Monday that April sales will be much weaker than
originally forecast.

The Wall Street Journal reported “Toyota Motor surpassed General Motors in
quarterly sales for the first time, making it the world’s biggest auto maker.”

For more stocks to watch, see
TradingMarkets 7 Trading Ideas for Today.

Tuesday’s

PowerRatings Heat Map has moved decidedly bearish, with very little green to
be found in only a handful of sectors. Risk currently appears to be more heavily
skewed to the downside and investors should exercise caution before taking new
long positions. The Materials and Construction sector is among the most bearish
looking.

PowerRating Heat Map: Materials and Construction

Editor-in-Chief