CheckMan Stock Market Overview

Global X SuperDividend U.S. ETF is a sell due to declining share price, high payout ratios, and negative dividend growth rate. DIV's redeeming qualities are a relatively attractive valuation and low volatility. However, these are not sufficient to warrant a buy rating. By comparison, DIVO, a peer dividend-yielding ETF, has relatively brighter qualities including capital appreciation along with sustainable payout ratios for its top holdings.

Many consumers may have traded down to private-label brands in earlier stages of the current period of high inflation, but now, according to Procter & Gamble, shoppers are consistently staying loyal to their favorite name brands.

Cinema attendees continue to favor premium viewing experiences making IMAX Corp (NYSE:IMAX) the top pick out of cinema stocks for Wedbush analysts ahead of first quarter earnings. The analysts believe ‘Outperform'-rated IMAX is the best way to play any upside to 2024 consensus estimates as consumers' ongoing shift toward premium screens is driving significant market share gains as IMAX also expands its global footprint and leans into local language content.

We had a Sell rating on PotlatchDeltic Corporation in our last coverage. It has underperformed comparable REITs and the Vanguard REIT Index ETF since then. Dividends for PotlatchDeltic are not covered by cash flows and won't be covered in the next few years as per current estimates.

SLB (SLB) posted first-quarter earnings that were in line with analysts' expectations and revenue that slightly exceeded estimates, but North American sales declined.

The past week was exceptionally quiet for the ETF space, with almost no activity. Simplify Asset Management rolled out the only new ETF to launch during the week.

On Wednesday, Kinder Morgan (KMI) released its first-quarter 2024 earnings. The firm reaffirmed its 2024 outlook and provided a constructive view on long-term natural gas demand growth.

The Census Bureau's Advance Retail Sales Report for March revealed a 0.7% rise in headline sales from February, marking the second straight month of increased consumer spending. The latest increase was higher than the anticipated 0.4% monthly growth.

China has ordered Apple (AAPL) to remove popular messaging apps, including WhatsApp, from its app store, according to a report from The Wall Street Journal. The apps were removed due to supposed national security concerns, without officials specifying which ones.

There was no fundamental reason for the decline in Celsius stock this week, but volatility is normal. The company more than doubled its business last year and still has easily exploitable opportunities for future growth, which is good reason to ignore the stock's bad week.