NEW YORK, NY / ACCESSWIRE / April 19, 2018 / U.S. markets rose Wednesday as investor optimism continues to be boosted by strong corporate earnings. The S&P 500 Index gained 0.08 percent to close at 2,708.64, while the Nasdaq Composite Index rose 0.19 percent to close at 7,295.24. The Dow Jones Industrial Average hit a high of 24,832.54 before settling to close at 24,748.07, a decrease of 0.16 percent, after a disappointing performance from IBM dragged the index lower. Through Wednesday morning approximately 79 percent of the companies in the S&P 500 that have reported earnings have topped earnings expectations, while 83 percent have topped sales estimates, according to Thomson Reuters.

"These are just slam dunk earnings," said Nick Raich, CEO of The Earnings Scout, according to CNBC. "If you want to be bearish on stocks, don't look to earnings."

RDI Initiates Coverage on:

Helios and Matheson Analytics Inc.
https://rdinvesting.com/news/?ticker=HMNY

QUALCOMM Incorporated
https://rdinvesting.com/news/?ticker=QCOM

Helios and Matheson Analytics' stock moved 3.28% lower Wednesday, to close the day at $3.83. The stock recorded a trading volume of 10,166,208 shares, which was above its three months average volume of 5,929,853 shares. In the last year, Helios and Matheson Analytics' shares have traded in a range of 2.20 - 38.86. The share price has gained 74.09% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $3.64 is below its 200-day moving average of $8.69. Shares of Helios and Matheson Analytics have gained roughly 9.12 percent in the past month and are down 39.30 percent year-to-date.

Access RDI's Helios and Matheson Analytics Inc. Research Report at:
https://rdinvesting.com/news/?ticker=HMNY

On Wednesday, shares of QUALCOMM recorded a trading volume of 4,628,914 shares, which was below the three months average volume of 13,404,790 shares. The stock ended the day 0.22% lower at 55.23. The stock is currently trading 20.28% below its 52 week high with a 52 week trading range of 48.92 - 69.28. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $58.21 is below its 200-day moving average of $61.50. Shares of QUALCOMM have fallen roughly 8.89 percent in the past month and are down 13.73 percent year-to-date.

Access RDI's QUALCOMM Incorporated Research Report at:
https://rdinvesting.com/news/?ticker=QCOM

Our Actionable Research on Helios and Matheson Analytics Inc. (NASDAQ:HMNY) and QUALCOMM Incorporated (NASDAQ:QCOM) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com