The S&P 500 just made its first new all-time high of 2025.
This came after Donald Trump told business leaders at the Davos World Economic Forum that he would demand lower interest rates.
Although this isn't likely to come to fruition, the market loves this guy's attitude.
Here are the latest earnings reactions from the S&P 500:
*click the image to enlarge it
Union Pacific $UNP reported mixed results but rallied over 5% with a reaction score of 3.60. The company plans to repurchase between $4 and $5B during 2025.
Elevance Health $ELV reported mixed results but rallied nearly 3% with a 1.29 reaction score. The market loved to hear that the quarterly dividend was increased by 5% to $1.71 per share.
Freeport-McMoRan $FCX reported mixed results and fell 1.51% with a reaction score of -1.27. The market didn't like to hear that the management team revised capital expenditures higher or that copper production is being revised down because of mill maintenance.
$GE is trading at its highest price since 2001:
GE Aerospace reported a double beat and rallied 6.60% with a reaction score of 2.65. But that's not all.
Their key performance indicators increased by double digits in 2024, and the management team expects that growth to continue this year.
The stock carved out the right butt cheek of a textbook Kardashian bottom from 2018 to 2023 while it was completing a historic restructuring into three separate companies.
Since then, it has skyrocketed and looks poised to make new all-time highs.
We like it long above 200.
$KMI is finding resistance at a shelf of former support:
Kinder Morgan missed expectations and fell 0.97% with a reaction score of -1.55. The management team also issued positive guidance, but it wasn't enough to spark a rally.
The stock has been one of the best-performing in the energy sector and benefits from the new pro-energy administration in Washington, D.C.
If the United States were to "drill baby, drill," this company would benefit mightily.
While KMI seems to be in the early stages of a corrective wave, we would be buyers on strength above 31.
