EARNINGS🌎Nov2Tue R11 $3,500B MktCap (value): PFE TMUS' COP BP. AMGN' EL. MDLZ' ATVI' TRI ETN KKR RACE MTCH' MAERSK. IDXX VRTX' GPN ROK Dd Apo AirT) Frcoy) Pgr Epd Pru' Mpc Vrsk Payc' Gnrc Cmi Mitsy) Stan. Ec Zbra Z' It Ame Awk Mlm Czr' Xyl Ste. Lyft' Iep Sedg Pki' Tech Ldos 🔑)Asia .Eu ,UsAM 'UsPM
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Nov1Mon SPY+0.2%, Bond TLT-0.7%, EEM+0.8%, Sml IWM+2.6%, SpecT ARKK+3.2%
EU&UK 1hr Daylight Saving Time> 930ET=1330UKT: until US DST ends, Nov7.
ISM Manuf’g 60.8% e60.5%, p61.1%: supply chain delays: worker/input shortages. Construction spending -0.5% e+0.5% rp+0.1% p0.0%: Private -0.5%, public -0.7%.
COIN+4%: Barrons metaverse boon. HOG+9% BF-B+4% LEVI+2%: US-EU tariff truce. DE+5%: UAW deal. NVAX+16%: Indonesia EUA. MRNA-2%: FDA delay in 12-17yos;
EARNINGS🌎Nov1Mon R8 $1,200B MktCap (value): NXPI' SPG' HDB) WBC) Psa' Anet' Zi' Ntr' Wmb' Mck' Sbac' On, Ben, L, Ttm) Colo. Ryaay. Clx' Holx' Mos' Fang' Car' Gxo' Nbix' Rrx' Kyocy) l cna o pcg brkr chgg vrns amg leg tkr bwxt nsp crus cht) dpw. mtn. esaly) tdk) sgoiy) ky4) fn rmbs kfrc rig unvr cacc wtrg vno brx adc rhp amrc kmt jeld csr bsm skt irctc) ittoy) asgly) npx) tynpf) hro) untr) surrf) kap. enbl cvi vnom cjt bnl ogs mgy eprt awr ottr ldi alx ads smlr plow trvg ta 🔑)Asia .Eu ,UsAM 'UsPM
Mon IPOs r2: LIAN LanBio (CN) 20% float of $1.5B MktCap. SPAC M&A: LTRY Lottery.com $0.5B merged into TDAC. SPACs: VSAC SLVR
Mon M&A: KO Coca-Cola buys Body Armour remainder $5.6B. BEN to buy Lexingon $1.75B.
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Oct29Fri SPY+0.2%, Bond TLT+0.3%, EEM-1.4%, SmlC IWM=, SpecTc ARKK-0.4%
IPOs R7: UDMY Udemy 11% float of $4B eCollege. HRT HireRight 28% of $1.5B work screening. AIRS AirSculpt nursing 13% of $0.8B. TRDA Entrada 30% of $0.6B cell bio. AURA Aura Biosciences 28% of $0.4B. SONX Sonendo bio 20% of $0.3B. BFRI Biofrontera 33% of $0.05B. SPAC M&A: BTTX Better Therap. $0.1B merged into MCAD. SPACs: NN PEGR AEAE ARCK CCTS BNNR.
Earnings Movers by sector: [Growth<] TECH XLK+0.4%: From y’day: AAPL-2% miss: chip shortages (so, expect this for smaller buyers too). SHOP+1%. TEAM+10%. STM-2%. NOK-2%. Mpwr-4%. Ftv+1%. Vrsn+6%. SSnc+5%. Wdc-9%. Chkp+1%. Zen-14%. clvt+2%. mstr=. wex-13%. powi-4%. algm-1%. spsc-12%. dq+2%. nati+4%. prft-1%. swi-3%. eb-3%. avt+2%. cohu-3%. vcra+12%. osis-1%. mvis-15%. mtls-4%. opra-4%. BTC+2%. ETH+5%. Consumr Cyclical XLY+0.6%: Rcl=. cri-2%. From y’day: AMZN-2% miss, cuts. SBUX=> -6%. STLA-1%. Yum-2%. Lkq-2%. Mhk-11%. deck+4%. tpx-1%. atr-4%. bc-1%. skx+1%. colm+2%. ambp=. ostk+2%. ftdr-11%. bwmx-18%. Comm'c'n Service XLC+0.3%: CHTR-4%. sjr-1%. From y’day: CMCSA-1%. Siri=. Wpp=. tigo-4%. imax-6%. Healthcare XLV+1%: ABBV+5%. cern+5%. From y’day: MRK+2%. SNY=. SYK-1%. GILD-4%. DXCM+9%. Bax=. Tak-1%. Rmd-2%. Sgen-1%. Wst+2%. Lh=. Bio+1%. Alny-2%. tfx+3%. rgen=. abmd-3%. argx+8%. dva-10%. nvcr+1%. agl+1%. che+8%. bpmc-1%. achc+6%. cdna-28%. taro-6%. lmat-8%. nxgn+10%. Consumer Staples XLP-0.1%: Cl-1%. chd+2%. nwl+5%. From y’day: BUD-2%. MO-1%. Kdp+2%. Abev+1%. Hsy-2%. Fmx-1%. tap+1%. lope-9%. Utilities XLU-0.6%: fts=. From y’day: Aep=. Xel=. fe+2%. cms-1%. Property IYR-1%: Wy-2%. wpc-3%. From y’day: AMT-1%. CBRE-1%. cpt=. mpw-2%. rlgy-9%. Industrials XLI=: LHX+3%. Gww+8%. Bah+8%. b+2%. From y’day: CAT=. ITW+1%. NOC=. Carr-4%. Rsg+4%. Swk-3%. Txt+1%. Tfii-8%. Aos+3%. agco-2%. leco+2%. saia=. nlsn-2%. osk-1%. eme-2%. kbr-2%. expo=. nvt+3%. fcn=. sndr+1%. wns=. cswt+4% wern-5%. kex-3%. ftai-4%. hubg=. patk-3%. prlb+2%. aspn+18%. Materials XLB-0.5%: Lyb-4%. hun+2%. bcpc=. asix+6%. From y’day: LIN=. VALE-4%. NEM-2%. Avtr+5%. emn-5%. rs+1%. exp=. x+13%. avnt-2%. auy-7%. bvn-5%. ego-7% Copper-1.6%. Lumber-6%. Alum-1. Iron-4%. BDry-1%. Boat+1%. Gold-0.8%. Agri=. ENERGY XLE-0.7%: XOM=. CVX+1%. Psx-3%. Imo-7%. Ccj-5%. slca-11%. From y’day: RDS-3%. sm+7%. cnx-4%. pten-6%. pbf-4%. btu-1%. Oil-0.4%. NatGas-4%. NatGEu-18%! Carbon-0.5%. FINancials XLF-0.4%: From y’day: MA-1%. ICE+2%. MCO+4%. TROW+6%. Lyg+3%. Ajg+1%. Wltw+3%. Tw+1%. Lpla+2%. jhg+3%. hig+1%. hban=. erie+1%. cfr+3%. ori+9%. [>Value, Rate Polarities].
EARNINGS🌎Oct29Fri R10 $2,500B MktCap (value): XOM CVX PBR ABBV CHTR LHX IDCBY) CICHY) BACHY) PTR) CNU) DAI. BNP. MQG) BBV. GWLLY) Cicoy) Nwg. Aon Cl Rcl Bcmxy) Kddiy) WuxiA) Rnecy) Mraay) Baic) SanyH) Dsnky) Psx Lyb Imo E. Wy Cboe Bah Gww Ccj Vedl) Nmr) japay) alpmy) cmaky) cern chd sjr fts wpc laz nwl hun bpc cri psxp shlx pipr cown wetf b asix imgn 🔑)Asia .Eu ,UsAM 'UsPM
(Monthend) Fri Turnover ~$400B leaders: TSLA Tesla +3.43% AMZN Amazon -2.15% AAPL Apple Inc -1.81% FB Facebook Inc +2.09% MSFT Microsoft Corp +2.24% LCID Lucid Group Inc +4.26% NVDA Nvidia Corp +2.51% GOOGL Alphabet Cl A +1.51% AMD Adv Micro Devices -0.83% GOOG Alphabet Cl C +1.47% ZEN Zendesk Inc -14.46% V Visa Inc +0.92% BKKT Bakkt Hldgs Inc +66.09% PYPL Paypal Holdings -1.79% SBUX Starbucks Corp -6.30% O Realty Income Corp -2.35% BABA Alibaba Group Holding ADR -2.86% NFLX Netflix Inc +2.41% INTC Intel Corp +1.91% TWLO Twilio +2.26% MA Mastercard Inc +0.75% ABBV Abbvie Inc +4.56% X United States Steel Corp +12.87% SHOP Shopify Inc +0.67% BA Boeing Company -0.39% Z Zillow Group Cl C +5.10% F Ford Motor Company +1.30% SNAP Snap Inc -3.33% CVX Chevron Corp +1.21% MRK Merck & Company +1.73% CHTR Charter Comm-4.48%
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Oct28Thu SPY+0.9%, Bond TLT-0.4%, EEM=, SmlC IWM+2%, SpecTec ARKK+2.5%
Flat $62B 7yr note auction. GDP miss> EUR^1%, despite dovish ECB Q&A. Advance Q3 real GDP +2.0%! e2.4%, from 6.7% in Q2: personal spending +1.6% from 12.0% in Q2. GDP Price Deflator 5.7% e5.5% p6.1%. Initial Claims -10k: 281k, e291k, 1.5yr low. Pending home sales -2.3% e+1.0%, p8.1%. Biden left for COP26 UN climate summit.
FB+1.5% changes name to Meta: ticker MVRS (metaverse) from Dec1.
IPOs R13: GFS-1% Global Foundries 10% float of $25B MktCap IC chips. FLNC-1% Fluence Energy (clean, AI, storage JV of SIE & AES) 20% of $6B. DTC Solo Brands (outdoor) 21% of $1B. SPACs: USCT FIAC PCCT ADAL SCMA.
M&A r3: TROW to buy Oak Hill Advisors for $4.2B.
Earnings Movers by sector: [Growth<] TECH XLK+1%: AAPL+2%> -4%AH miss: chip shortages (so, expect this for smaller buyers too). SHOP+7%. TEAM+1%> +8%AH. STM+8%. NOK+1%. Mpwr+5%> -4%AH. Ftv+1%. Vrsn-1%. SSnc+1%. Wdc+3%> -10%AH. Chkp+1%. Zen-3%> -16%AH. clvt+4%. mstr=. wex-13%. powi+8%. algm+3%. spsc+3%. dq=. nati+1%. prft+2%. swi-9%. eb+3%. avt+2%. cohu+8%. vcra+2%. osis-1%. mvis+9%. mtls+14%. opra-7%. From y’day: NOW+4%. KLAC+4%. FISV=. XLNX=. Tel+2%. Ctsh+1%. Aph+1%. Umc-2%. Grmn-1%. Tyl+2%. Tdy-1%. wolf+33% cree renamed. dt+6%. slab+1%. pega-5%. azpn+3%. flex-6%. mksi+2%. caci+2%. nova+5%. mxl+18%. evtc+1%. plxs-6%. simo-3%. irbt+10%. uctt+19%. camt-1%. ttmi-4%. pi+27%. faro=. cts+3%. ntgr-3%. Day b4 y’day: MSFT=. AMD-1%. TXN=. HOOD=. Enph+4%. BTC+4%. ETH+6%. Consumr Cyclical XLY+1%: AMZN+2%> -4%AH miss, cuts. SBUX=> -4%AH. STLA-1%. Yum=. Lkq+4%. Mhk+3%. deck+1%. tpx-3%. atr=. bc+4%. skx+3%. colm+3%. ambp+3%. ostk+20%. From y’day: MCD+1%. GM=. F+9%. EBAY-7%. Orly-4%. Hlt-1%. Yumc-1%. Ip-1%. Rol-1%. htht=. sci+8%. chdn-5%. pag+2%. wh+4%. hog+1%. tnl+1%. drvn+4%. tmhc+2%. mth+4%. musa-2%. alsn+6%. six-5%. ccs+7%. mho+1%. Comm'c'n Service XLC+0.3%: CMCSA-1%. Siri+2%. Wpp+9%. imax-3%. From y’day: TWLO-18%. SPOT+6%. Yndx+7%. Day b4 y’day: GOOGL=. TWTR-1%. Healthcare XLV+0.8%: From y’day: TMO+1%. BMY-3%. GSK+1%. EW-1%. BSX-1%. Algn+2%> +8%AH. Tdoc+2%. moh-1%. ppd=. bmrn-2%. teva-5%. ehc-3%. alks-9%. cnmd-3%. inva+1%. Consumer Staples XLP+0.4%: BUD+9%. MO-6%. Kdp+4%. Abev+10%. Hsy=. Fmx-1%. tap+1%. lope=. From y’day: KO+1%. Khc=. bg+3%. ppc-2%. chef+3%. Utilities XLU+0.7%: Aep=. Xel+1%. fe+1%. cms+1%. From y’day: dte+1%. Property IYR+1.2%: AMT=. CBRE+1%. cpt+2%. mpw+2%. From y’day: Avb+1%. Exr+5%. Invh+2%. maa+1%. dre+2%. vici+1%. nly=. cone+2%. Industrials XLI+1.2%: CAT+4%. ITW+2%. NOC-8%. Carr+2%. Rsg+1%. Swk-1%. Txt+3%. Tfii+4%. Aos+10%. agco-2%. leco-2%. saia+14%. nlsn+7%. osk+4%. eme+7%. kbr+2%. expo+3%. nvt+7%. fcn+1%. sndr+1%. wns+6%. wern+3%. kex-2%. ftai=. hubg+2%. patk+4%. prlb-20%. From y’day: BA+1%. GD-2%. ADP=. Nsc+2%. Odfl+3%. Wcn+1%. Uri+6%. Mas+2%. Avy+3%. wab+2%. oc+3%. vrt+4%. upwk-11%. asgn+2%. msa+1%. hayw+2%. fls-9%. jbt+3%. r=. ait+2%. bco+4%. fix+8%. rock+1%. myrg-1%. cmre+1%. Materials XLB+1%: LIN=. VALE-2%. NEM-5%. Avtr+4%. emn+4%. rs=. exp+8%. x=. avnt+3%. From y’day: Teck+3%. aem-2%. wfg+2%. trox-4%. agi-6%. meoh-1%. cstm+1%. cde+6%. Copper+1.4%. Lumber-3%. Alum+4%. Iron-6%. BDry+3%. Boat+1%. Gold+0.3%. Agri-0.2%. ENERGY XLE+0.7%: RDS-5%. cnx+3%. btu-8%. From y’day: EQNR=. Su+13%. Hes-1%. eqt-6%. ar+2%. chx+7%. oii-3%. clb-5%. Oil+0.9%. NatGas-5.7%. NatGEu-11%. Carbon-1%. FINancials XLF+1.2%: MA-1%. ICE+2%. MCO+4%. TROW+6%. Lyg+3%. Ajg+1%. Wltw+3%. Tw+1%. Lpla+2%. jhg+3%. hig+1%. hban=. erie+1%. cfr+3%. ori+9%. From y’day: CME+1%. Rjf=. Cg+2%. Afl-1%. Ares+4%. Morn+5%. cinf+4%. acgl-1%.sf+2%. evr+1%. mc+2%. re-5%. lc+33%%. lob+8%. cubi+12%. [>Value, Rate Polarities].
EARNINGS🌎Oct28Thu R15 $15,000B!! MktCap (value): AAPL'!! AMZN'!! SMSN!) MA, SHOP, TEAM' CAT, CMCSA, ICE, SBUX' MRK, MCO, VOW. AIR. SNE) DASTY. RDSA. TOT. SNY. AMPERE) PTR) LFC) MQG) PNGAY) KYCCF) BYDDY) SBER. NOC, AMT, GILD' SYK' MO, PBR, LIN. STM. BUD. ITW, TROW, NEM, DXCM' STLA. CBRE, VALE' NOK. SNP) LYG. Dnzoy) Bax Rmd' Wltw Mpwr' Sgen' Vrsn' Hocpy) Olcly) Tak) SauNaBk. Carr, Kdp, Yum, Hsy, Ftv' Rsg' Xel, Ajg' Bio' Tw, Wst, Swk, Lh, Avtr' Alny, Fmx' Hig, Siri, Ssnc' Wdc' Txt, Zen' Chkp, Wpp, Lpla' Rgen, Abmd, Clvt, Hexa. Evo. Stmn. Bbri) Bbca) Kmtuy) Aep, Tfii' Tfx Lkq Asx) auo) mhk dva emn argx aos nvcr deck rs agco saia jhg hban fe cms cpt mpw glpi agl atr tpx leco bc nlsn mstr powi algm spsc scmn. jiaxy) glpi x ab hli wex osk eme bpmc tap che skx colm exp txrh kbr expo dq prft ostk fcn nati erie ori bsmx airc ambp stag cor cuz nvt achc avnt sndr wns lope ads cnx sm achc cwst vlv kmpr psb ida coop avt cpg mdc tigo mmsi tfsl cdna lth insm wern kex gpi vc ftdr knsl ebc abcb fhi swi bsig pack ftai hubg ptct thrm itgr cva opk md skyw rlgy taro ati sah bvn eb int pten flws codi tree cbz tvtx cohu mgrc pbf rily vcra ego mgva osis prlb crs btu aspn cmco imax trs shen lmat aten poly opra nxgn drq 🔑 )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Thu Turnover ~$350B leaders: TSLA Tesla +3.78% AMZN Amazon +1.59% FB Facebook +1.51% AAPL Apple +2.50% LCID Lucid +31.31% MSFT +0.37% AMD -0.92% TWLO Twilio -17.57% NVDA Nvidia +2.00% SHOP Shopify +7.04% GOOGL -0.25% V Visa Inc -2.75% F Ford +8.70% PYPL +0.80% MA Mastercard -0.80% MRK Merck +6.14% DWAC Digital World [Trump]+12.13% BABA +0.33% NFLX +1.68% COIN Coinbase +2.39% SNAP +4.56% FUTU Futu [CN broker] -12.76% PLUG Plug Power +7.85% BA +0.60% BAC BoA +1.57% +2.07% INTC +0.40% TDOC Teladoc +7.61% NOW Servicenow +3.45% WFC Wells +2.62% T AT&T +1.96% DIS +0.08% -0.12% NIO +3.76% FISV -0.30% EBAY -6.76% ENPH Enphase +3.81% SQ Square +3.28% LRCX Lam Res +2.23% GM -0.04% JPM +1.51% TWTR -0.95% ALGN Align +4.54% AFRM Affirm +7.11% MU +1.96% C +0.81% CMCSA Comcast -1.03% XOM +0.28% WOLF Wolfspeed [Cree b4] +33.20% CRM +1.09% UPST Upstart +4.93% MO Altria -6.15% SPOT Spotify +5.79% SE Sea +3.69% TXN +0.41% CAT Caterpillar +4.06% AMAT +2.92% KLAC +4.34% HCWB Hcw Biologics +61.99% LC Lendingclub +33.05% TER Teradyne Inc +11.33% WLTW Willis Towers +3.44% NOC Northrop -7.60% REGN Regeneron +6.04% RDS.A -5.06% ORLY O'Reilly Auto -4.02% Z Zillow Group Cl C +5.82% OSTK Overstock +20.53% BAX Baxter -4.06% BUD +9.38% SU Suncor +13.19% BKKT -12.93% CHWY Chewy +7.94% NVAX +6.41% FCX +2.97% W +8.86% NEM -4.55% ZEN Zendesk -2.98% % TRIT Triterras +34.49% CB Chubb Ltd +3.06% IFRX Fireman B.V. +41.96% FSR Fisker +8.53% URI United Rentals +5.65% FOUR Shift4 Payments -10.76% ALNY Alnylam Ph -15.18% DBGI Digital Brands +25.41% OCGN Ocugen +9.05% FCEL Fuelcell +8.14%
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Oct27Wed SPY-0.4%, Bond TLT+1.8%, EEM-0.8%, Sml IWM-1.8%, SpecTc ARKK-2%
730ET UK autumn budget (semi-annual speeches): post-CoV normalization. 10ET: BoC rate decision: CA stops QE (already tapered, guided); reinvests coupons. BoJ Thur.
Earnings-boosted GOOG MSFT TSLA held up weak stocks (FTC votes to block CN telco’s operating in US> ^CN supply chain ripple risks). Strong $61B 5-yr note auction. Durable goods -0.4% e-0.8%; core ex Transpt +0.4% e+0.5%. YoY: 23.4%, core +17.3%.
IPOs R9: INFA= Informatica 11% float of $8B MktCap AI cloud. RENT-8% Rent The Runway designer clothes 23% of $1B. AIP+30% Arteris System-on-Chip 17% of $0.5B. MRAI Marpai 34% of $0.1B HMO. SPACs: IOAC PHYT DMAQ OHAA LVAC USCT
M&A R8: PSX to buy PSXP $14B shares, 5% premium.
CNBC: JiC: Tsla, Pld Tmo Ppg. HTR: Lumn Nke Vow Bg. FM: Whr Axp Afrm Ko.
Earnings Movers by sector: [Growth<] TECH XLK-0.1%: NOW-2%> -4%AH. KLAC=> +4%AH. FISV-10%. XLNX+5%. Tel-3%. Ctsh-1%. Aph-4%. Umc+2%. Grmn-9%. Tyl-1%. Tdy+3%. wolf-3%. dt-10%. slab+19%. pega-3%. azpn-2%. flex-2%. mkso=. caci-3%. nova+8%. mxl-1%. evtc-4%. plxs-2%. simo+2%. irbt-3%. uctt=. camt-6%. ttmi-1%. pi-2%. faro=. cts+8%. ntgr-1%. From y’day: MSFT+4% beat, raise. AMD-1%. TXN-5%. HOOD-10% weak crypto volume. Enph+25%. Glw-3%. Ter+7%. Ffiv-2%. Entg+2%. jnpr+6%. manh+6%. st-2%. lfus-2%. tenb+1%. ncr-3%. xrx-2%. cvlt=. agys-20%. BTC-3%. ETH-1%. Consumr Cyclical XLY+0.2%: MCD+3%. GM-5%. F-3%> +9%AH. EBAY-1%> -5%AH. Orly-1%. Hlt+2%. Yumc-1%. Ip-5%. Rol-11%. htht+3%. sci-1%. chdn-1%. pag-7%. wh+1%. hog+4%. tnl+2%. drvn-6%. tmhc+10%. mth+1%. musa-2%. six-8%. mho-7%. From y’day: Phm=. Has+3%. qs-8%. fhbs+2%. pii+1%. byd+1%. gpk-2%. abg-5%. dan=. mmyt+14%. Comm'c'n Service XLC-0.3%: TWLO-2%> -13%AH. SPOT+8%. Yndx+2%. From y’day: GOOGL+5% beat. TWTR-11%. sstk-5%. peri-6%. Healthcare XLV-0.8%: TMO+1%. BMY-3%. GSK+1%. EW-1%. BSX-1%. Algn+2%> +8%AH. Tdoc+2%. moh-1%. ppd=. bmrn-2%. teva-5%. ehc-3%. alks-9%. cnmd-3%. inva+1%. From y’day: LLY+1%. NVS-2%. Cnc-1%. masi=. inmd-5%. myov-1%. Consumer Staples XLP-0.6%: KO+2%. Khc=. bg+4%. ppc=. chef+12%. From y’day: Adm-1%. usna-7%. tpb-2%. Utilities XLU-0.7%: dte-2%. From y’day: agr=. Property IYR-0.9%: Avb+1%. Exr+5%. Invh+2%. maa+1%. dre+2%. vici+1%. nly=. cone+2%. krc=. From y’day: DLR=. Csgp-10%. Eqr+1%. bxp-3%. ess+1%. fsv=. fcpt-1%. Industrials XLI-1.2%: BA-2%. GD+1%. ADP+1%. Nsc=. Odfl-1%. Wcn-1%. Uri-3%. Mas+5%. Avy-2%. wab-3%. oc=. vrt+3%. upwk-5%. asgn-2%. msa-2%. hayw-7%. fls-3%. jbt-2%. r-5%. ait-5%. bco+12%. fix-3%. rock-11%. myrg-4%. cmre-9%. From y’day: UPS-3%. RTX=. GE-3%. MMM-2%. LMT=. Wm-3%. Pcar-1%. Tru-4%. iex+1%. chrw-1%. pnr-1%. hubb=. awi+1%. jblu-3%. trtn+1%. wire+7%. gbx-5%. Materials XLB-1.4%: Teck-1%. aem-1%. wfg-1%. trox-5%. meoh-1%. cstm+8%. From y’day: SHW=. Ecl-4%. Copper-2.7%. Lumber+8%. Alum-6%. Iron-5%. BDry+6%. Boat-3%. Gold+0.3%. Agri-0.2%. ENERGY XLE-2.9%: EQNR-7%. Su-3%. Hes-5%. eqt-8%. ar-3%. chx-4%. oii-7%. clb-5%. From y’day: Rrc-6%. nov=. mtdr-4%. lbrt-13%. oas-3%. ceqp+1%. arch-5%. Oil-2.7%. NatGas+2.5%. NatGEu-4%. Carbon-0.5%. FINancials XLF-1.7% (1030ET weekly inventories> vOil> vRates> vBanks): CME-1%. Rjf-2%. Cg-2%. Afl-2%. Ares-2%. Morn=. cinf-2%. acgl-2%.sf-6%. evr-7%. mc-4%. re-2%. lc-9%. vrts-7%. From y’day: V-7%. SPGI=. UBS=. MSCI-1%. CB+2%. Cof-7%. Amp-1%. Pfg-4%. Ivz-2%. arcc+1%. pjt-2%. umbf-7%. wsbc-7%. [>Value, Rate Polarities].
EARNINGS🌎Oct27Wed R12 $6,500B! MktCap (value): NOW' BA, GM, TMO, KO, MCD, F' BMY, TWLO' KLAC' CME, GD, SPOT. GSK. EQNR. HkEx) FISV, EBAY' BS,X EW' TEL, ADP, NSC, XLNX' CTSH, HLT, SAN. DB. Acgby) Fanuy) Ibe. Bas. Orly' Odfl, Umc) Anz) Cg, Rjf, Aph, Algn' Afl' Su' Uri' Hes, Khc, Yumc' Wcn' Grmn Tyl' Dt Tdy Tdoc' Avb' Ip, Ucg. Hit) Umg. Nvtk. Ntioy. Fjtsy) Pcrfy) BhartiA) Shecy) M3) Itc) lt) Pstvy) Pngay) Chvkf) Ciihy) cjpry) nrily) rol avy wab moh teck yndx. assa. greeEl) titan) marutiSz) adaniE) wege3 gbooy mas wolf pega morn invh exr ares maa dre dte vici cinf acgl flex slab goerT) cmclf) adaniPor) nrily) jpxgy) dseey) haity) cnicf) cs0) mb. scha. pum. amp. rusal. vtbr. swma. viv shg) sw. scha. jmt. cygiy) hulcf) lpl) ggb lun ppd htht bmrn sc aem nly bg re wfg sci teva chdn oc cone pag vrt eqt ar mksi sf upwk evr caci asgn ppc wh ehc hesm msa esi hog hayw chx alks jbt r mc tnl nova drvn musa slgn cnmd mxl agi six mth tmhc trox lc evtc ensg ait alsn algt dws. dws. tit. eluxy. sonac) mcdo) pb nycb krc fncna gshd ssb am bxmt thg axs sigi isbc meoh cno lob eqc nvgt form bco fix boot plxs fwrd simo vrts irbt rock snbr ccs cstm save bsm mnro uctt kn mho cmre camt myrg cde oii ttmi pi faro clb res chef ntb cyh stc cash cts ntgr 🔑: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Wed Turnover ~$350B leaders: TSLA Tesla +2.29% MSFT Microsoft +4.20% GOOGL Alphabet +4.96% AMD -0.53% FB Facebook -0.94% AMZN Amazon +0.71% AAPL Apple -0.16% NVDA Nvidia -1.25% V Visa -6.92% PYPL Paypal -3.32% ENPH Enphase +24.84% MA Mastercard -6.05% DWAC Digital World Acqsn +13.42% BA Boeing -1.53% SNAP -6.01% TWTR Twitter -10.94% BAC BoA -1.92% BABA -0.46% SHOP -0.49% GM -4.31% INTC -0.77% TXN Texas Instr -5.02% FISV Fiserv -10.02% C -0.48% BKKT Bakkt +15.10% $0.6B MCap JPM -2.08% COIN Coinbase -2.66% TWLO Twilio -2.33% MRNA Moderna -1.41% UNH -0.26% SQ Square -3.79% NFLX -0.90% LCID Lucid +2.43% XOM Exxon -2.60% AFRM +1.41% KO +1.93% F Ford +5.46% MCD +2.67% IRNT Ironnet +58.64% $1B MCap AVGO -2.02% UBER -2.80% CMCSA -2.46% DIS -1.45% UPST -3.85% JNJ -1.21% NVAX Novavax +5.09% NIO -2.87% COF Capital One -7.49% SPOT Spotify +7.96% ADI -5.24% BMY -3.00% AMAT Applied Materials +0.12% HOOD Robinhood -9.91% DASH Doordash -6.57% FIS -6.69% NOW -1.77% PINS -5.03% GE -3.34% AMC -3.19% AGRI Agriforce +46.76% $0.03B MCap
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Oct26Tue SPY+0.4%, Bond TLT+0.8%, EEM-0.6%, Sml IWM-0.7%, SpecT ARKK-0.5%
Quiet $60B 2-yr T-note auction. $3T Social/Family bill, still holding up $1T infra bill. New Home Sales +14.0%: 800k e755k), but rp702k p740k. Cheaper home sales slow. CB Consumer Confidence 113.8 (e 108.0) from rp109.8 p109.3: CoV, job, savings. S&P Case-Shiller House Prices HPI + 19.7% YoY, e20.0%. FHFA HPI +1.0% MoM, p +1.4%.
Tue M&A r4: PE’s Hellman & Friedman and EQT to buy Zooplus, $4B DE petcare. CEQP to buy OMP+6% MLP $1B. SBSW to buy BZ Ni,Hg mines $1B. CA: FGF PE to buy WNGRF’s $1B bakery biz; PE Canderel to buy CMLEF REIT $1B. AU: TLS to buy PNG’s telco Digicel $1B (govt helps: outbids CN); EIG PE to buy 10% of APLNG, $1B. Quits: DKNG walks away from Entain $22B. INTC $2B too low for SiFive. No IPOs.
CNBC: JiC: OTIS, LOGI CNC. Ht: MAT MANH CRWD CVS. Fm: FDX FB MSFT LVS
Earnings Movers by sector: [Growth<] TECH XLK+0.3%: MSFT+1%> +2%AH. AMD=> -1%AH. TXN-2%> -4%AH. HOOD+1%> -8%AH. Enph-3%> +13%AH. Glw-5%. Ter-2%. Ffiv-2%. Entg-3%. jnpr-1%. manh=. st-1%. lfus-3%. tenb-2%. ncr-2%. xrx-12%. cvlt-19%. From y’day: CDNS+3%. logi-6%. amkr-3%. calx+9%. BTC-3%. ETH-1%. Consumr Cyclical XLY=: Phm-2%. Has+3%. qs=. fhbs=. pii-8%. byd=. gpk=. abg-7%. dan-12%. mmyt+3%. From y’day: Qsr-2%. cck=. pkg+2%. oi-4%. mcri+8%. Comm'c'n Service XLC-0.9%: GOOGL+1%> -1%AH. TWTR-1%> +4%AH. sstk+3%. peri+31%. From y’day: FB-4%. Healthcare XLV+0.5%: LLY+1%. NVS+2%. Cnc+4%. masi+1%. inmd=. myov-7%. From y’day: uhs-6%. medp+13%. qure-3%. Consumer Staples XLP+0.4%: Adm-2%. tpb-21%. From y’day: Kmb-2% cut quide. Utilities XLU+0.5%: agr=. Property IYR+0.3%: DLR=. Csgp+1%. Eqr+1%. bxp+1%. ess+1%. fsv-2%. fcpt+1%. From y’day: are=. sui-2%. agnc=. sitc-2%. pch-5%. Industrials XLI-0.6%: UPS+7%. RTX-2%. GE+2%. MMM=. LMT-12% cuts guide. Wm-1%. Pcar=. Tru-4%. iex-1%. chrw=. pnr-4%. hubb+1%. awi=. jblu-1%. trtn=. wire-1%. gbx-8%. From y’day: Otis-2%. lii-1%. tnet+2%. cr+9%. ssd-8%. tbi-12%. Materials XLB+0.3%: SHW+2%. Ecl+4%. From y’day: axta-1%. neu-12%. Copper-0.6%. Lumber-2%. Alum-3%. Iron+4%. BDry-9%. Boat-1%. Gold-0.7%. Agri+0.6%. ENERGY XLE+0.6%: Rrc=. nov=. mtdr+2%. oas+5%. ceqp-5%. Oil+1.1%. NatGas-2.2%. NatGEu=. Carbon+0.3%. FINancials XLF+0.1%: V-1%> -3%AH. SPGI+4%. UBS+1%. MSCI-1%. CB=. Cof-2%. Amp=. Pfg=. Ivz+3%. arcc=. pjt-9%. From y’day: HSBC+1%. bro-4%. rnr+3%. [>Value, Rate Polarities].
EARNINGS🌎Oct26Tue R13 $7,500B! MktCap (value): GOOG'!! MSFT'!! V' AMD' TXN' UPS, TWTR' GE, RTX, LMT, LLY, NVS. SPGI, MMM, HYNIX) UBS. HOOD' SCCO, MSCI, ENPH, MediaT) Cb' Shw, Pcar, Cof' Adm, Dlr' Wm, Ecl, Cnc, Csgp' Ter' Amp' Pfg' Glw, Entg, Tu, Phm, Asm. Njdcy) Caj) Hyu) Smnny) KotMBk) Bmri) BajFn) AxisB) fsv, jnpr' ivz qs' manh, iex' masi' fbhs' has, chrw' pnr, st, eqr agr ess bxp udr fm nzym. hnp) rent3 klbn4 wtb. sw. atgl) ntpc) dlf) ocm) shandG) cvv) 17q1) lfus pii byd tenb inmd gpk nov arcc rrc jblu mtdr ncr awi sstk fele abg trtn vne apam arjd dan navi xrx mmyt lbrt cvlt oas wire usna myov arch gbx agys echo ha hzo smp🔑)Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Tue Turnover ~$300B leaders: TSLA Tesla -0.63% FB Facebook -3.92% NVDA Nvidia +6.70% AMZN Amazon +1.68% AAPL Apple +0.46% MSFT Microsoft +0.64% AMD +0.47% GOOGL +1.35% PYPL Paypal -1.57% INTC Intel -2.29% LMT Lockheed -11.80% BABA Alibaba -3.51% SNAP +1.63% COIN -1.86% UPST Upstart -9.10% DWAC -29.56% MRNA -1.09% BA -1.44% NIO -1.94% OCGN -2.03% NFLX -0.47% SQ +0.53% BKKT Bakkt -22.29% SHOP Shopify -4.31% V -0.88% BAC BoA +0.95% XOM +2.32% IINN Inspira +308.09% ($0.1B MCap) AFRM Affirm -5.11% PLTR +0.43% UPS +6.95% UNH +1.15% AVGO +2.26% DKNG +4.12% CRWD +2.49% GE +2.03% PANW -2.25% PINS -5.51% AMAT -2.77% PROG +18.05% XPEV -5.72% CNC +4.41%
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Oct25Mon SPY+0.6%, Bond TLT-0.1%, EEM+0.5%, Sml IWM+1%, SpecTc ARKK+3.5%
$22B/ 100+ cargo ships waiting off CAL ports. Key Democratic Senator Manshin open to $1.75T of $3.5T infra bill; billionare unrealized-Capital-Gains-Tax looks likely.
TSLA+13%! to $1T: raises Model X, SLR prices by $5k; new Shanghai R&D centre; HTZZ+10% to order $4B 100k+ TSLAs. BKKT+234%!! to provide cypto loyalty solutions for MA+1%. BE+37% $4B deal: KR Ecoplant. MRNA+7% positive kids trial.
Ratings: Ups: MS>TSLA+13%. Wedbush>ETSY+5%. JPM>VIR+3% GDEN+4%. SF>SMPL+4%. UBS>AMPL+2%. Bns>MELI+2%. Blair>VLD+12%. Cuts: CS>PSFE-7%. BoA>ERIC-5%. Key>BLL-5%. JPM>BV-3%. Wedbs>CSPR-10%. WFC>RVNC-10%. Rbc>RCI-7%.
IPO r1: SPAC M&A: RDBX Redbox Ent’mt $0.7B merged into SGAM. SABS $0.1B immune bio merged into BCYP. No SPACs. [DWAC cools: options trading begins.]
M&A r1: Amentum to buy PAE+66% $2B cash. Out: PYPL+3% quits PINS-13%.
CNBC: JimC - . H/T: LIT ILMN JPM QCOM AMD. F/M: FCX PYPL INTC CLF.
Earnings Movers by sector: [Growth<] TECH XLK+0.3%: CDNS=. logi=. amkr+3%. calx-1%. From y’day: Stx+2%. BTC+4%. ETH+7%. Consumr Cyclical XLY+2.5%: Qsr-5%. cck-4%. pkg=. oi-2%. From y’day: Vfc=. alv-3%. rusha+1%. Comm'c'n Service XLC+0.4%: FB+1%. Healthcare XLV+0.1%: uhs-1%. medp+1%. qure+3%. From y’day: HCA-4%. Consumer Staples XLP-0.1%: kmb-2% cut quide. From y’day: smpl+4%. Utilities XLU-0.4%: - Property IYR+0.3%: are=. sui=.agnc=. Industrials XLI+0.2%: Otis-4%. lii-3%. tnet=. cr-1%. ssd+2%. From y’day: HON= Rop=. aimc=. Materials XLB+1%: axta-1%. From y’day: RIGD+2%. Clf+3%. Copper+0.4%. Alum+1%. Iron-2%. Lumber-1%. BDry-5%. Boat+1%. Gold+0.7%. Agri+0.8%. ENERGY XLE+1.5%: From y’day: SLB+1%. Oil-0.3%. NatGas+11%. NatGEu+1%. Carbon+0.1%. FINancials XLF-0.1%: HSBC+2%. bro=. rnr+1%. From y’day: AXP-3%. rf+1%. [>Value, Rate Polarities].
EARNINGS🌎Oct25Mon R9 $2,000B MktCap (value): FB'! HSBC. CDNS Kmb, Otis, Qsr, Sabic. techM) zte) lgCem) bro logi are sui cck pkg lii kspi. cnMerSe) mgnt. habMed. axta) tecmo) 🔑: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
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Oct22Fri SPY-0.1%, Bond TLT+1%, EEM-0.2%, SmallC IWM-0.3%, SpecTc ARKK-1.6%
Powell reconfirmed Nov taper. INTC, SNAP earnings & yields also drag techs.
PHUN+5x (was ^10x+!) $0.1B to develop Crypto features, & apps for Trump media DWAC. Hints at big problems for Dem’s in midterm elections Nov2022. Trumps-truth-social-will-benefit-from-S230-law-he-tried-to-destroy not liable for content.
BYND-12% warns. SHOP-5% MELI-5% PINS-5% TWTR-5% dragged by SNAP-26%.
IPOs r5: ARIS Aris Water Solutions 33% of $0.7B. XLO Xilio Therap 27% of $0.4B cancer tumors. UTRS Minerva Surgical 22% of $0.4B uterus bio. SPAC M&A: BBLN $4B merges into KURI. SPACs: PGSS ICNC MBSC GTAC. BZ GET $2B ADR lists.
M&A r2: ProFrac to buy FTSI $0.4B cash. ME to buy Lemonaid Health $0.4B mixed. AZJ.AU-6% to buy One Rail Australia $2B. Out: INTC $2B not enuf for SiFive.
CNBC: JiC - FM: GS ICE DOW CRM.
Research: Ups: C>RMD+2%. GS>CTRA+2% Cuts: CS>AMZN-3% (also from SNAP).
Earnings Movers by sector: [Growth<] TECH XLK-0.4%: Stx-1%. From y’day: INTC-12%! techs make own chips, lowering margins. SAP+2%. eeft-1%. vicr=. BTC-3%. ETH-1%. Consumr Cyclical XLY-0.4%: Vfc-4% warns. alv-3%. rusha+4%. From y’day: CMG-3%. Tsco-1%. Gpc-1%. Pool+1%. Nvr-1%. crox+1%. an+4%. whr+3%. mat+1%. son+4% tph+3%. Comm'c'n Service XLC-2.1%: From y’day: SNAP-26%!! miss & warn: AAPL privacy changes & supply chain issues soften ads. T-1%. ipg=. rci=. Healthcare XLV+0.4%: HCA-3%. From y’day: DHR+1%. Iqv+1%. dgx+1%. rnlx-9%. Consumer Staples XLP+0.8%: smpl+9%. From y’day: sam+2%. Utilities XLU=: - Property IYR+0.5%:- Industrials XLI+0.4%: HON-3% warns. Rop+1%. aimc-4%. From y’day: UNP+3%. ABB+1%. LUV-2%. Rhi+2%. Aal-4%. alle+2%. sna-1%. csl+4%. alk-4%. gtls=. hri-2%. gatx-2%. trn+3%. vlrs-6%. lnn=. Materials XLB-0.2%: RIGD+3%. Clf+13% mergers paying off; steel optimism. From y’day: FCX-2%. NUE+2%. Dow-1%. Ce+2%. oln+9%. Copper-1.2%. Alum-1.1%. Iron+3%. Lumber-2%. BDry-7%. Boat=. Gold+0.6%. Agri=. ENERGY XLE+0.9%: SLB-1%. From y’day: Vlo+1%. NatGas+1.2%. NatGEu+1%. Carbon+2%. FINancials XLF+0.9%: AXP+5%. rf+4%. From y’day: BX+4%. MMC+1%. Sivb+7%. kb+1%. ix=. key+1%. ally-4%. wrb+4%. wal+2%. ewbc-1%. faf-2%. [>Value, Rate Polarities].
EARNINGS🌎Oct22Fri R9 $1,600B MktCap (value): HON, AXP, RIGD) CIHKY) SLB, HCA, Rop, Vfc, Stx, Clf, Zch) Sika. Chgcy) Gbooy, HindZ) Pkx) gntx essi. lifco. hyMob) alv hdfcL) cnUN) bol. tom. holm. ateyy) hanaF) shtdy) ningTu) carcy) wesSu) hySt) huaxC) wall. thule. dom. saab. polyca) iray) rf aimc smpl fhb indb 🔑: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Fri Turnover ~$250B leaders: TSLA Tesla +1.80% DWAC +107% $15B [Trump Social Media] FB Facebook -5.17% AMZN Amazon -2.90% SNAP -26.55% AAPL Apple -0.56% PHUN Phunware +381.70% GOOGL Alphabet -3.07% NVDA +0.24% INTC Intel -11.80% PYPL Paypal -1.35% AMD +0.53% MSFT -0.44% NFLX Netflix +1.83% BABA +0.05% MRNA Moderna -3.75% SHOP Shopify -4.98% SQ Square -4.56% AMC -5.50% COIN +0.33% AFRM -0.21% BAC BoA+1.56% BA -0.69% CLF Cleveland-Cliffs +12.52% IBM -0.34% BYND Beyond Meat -11.80% TWTR Twitter -4.91% AXP AmEx +5.47%
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Oct21Thu SPY+0.2%, Bond TLT-0.2%, EEM-0.7%, Sml IWM+0.3%, SpecTc ARKK-0.9%
DWAC+360% (5x, a day after listing!) to buy Trump Media & Tech “Truth Social” $3B: aims to speak truth to power of bigTech & liberal overreach; expect severe credibility controversies. 2nd highest dollar volume today ($15B); halted 5x today $10>20>10>50. PHUN+15%AH on CNBC (Grasso) speculation: to develop apps for Trump’s biz.
Existing Home Sales +7.0%: 6.29m e 6.05m. -2.3% YoY. HPI cools; supply tight. Jobless -6k: 290k e303k: 1.5yr low. CB LEI +0.2% e+0.5% rp+0.8%. Phil Fed 23.8, e24.5 p30.7. Strong $19B 5-yr TIPS auction. CN tech bounce (Munger buys), yet Evergrande flops.
RSX-2% only 1/3 of RU has had vax, due to wide distrust of Sputnik vax & Moscow. Also, RU ransomware gang Fin7 created a fake co/ads “Bastion Security” BS, to hire.
GOOG= lowers app dev fees to 15%, was 30%: helps MTCH+10% BMBL+7% RBLX+6%. HPQ+7% Investor Day guide up. NFLX+4% fee rise chatter. DIDI+14% Beijing softens.
IPOs R11: ENFN+17% Enfusion 17% of $2.2B fund SaaS. PX P10 17% of $1.4B mini i-Bank. PTLO+46% Portillo's hotdog restaurants 30% of $2B. VTYX+31% Ventyx Biosciences 19% of $1B immune bio. COCO-10% Vita Coco 20% of $0.8B coconut water. RWAY-12% Runway Growth Finance 17% of $0.6B VC lender. SPAC M&A: WE+13% WeWork $9B, merges into BOWX. MIR+3% Mirin Tech $1B radiation tech, merges into GSAH. SPACs: XFIN ENER NHIC THAC.
Research: Ups: BARC>ZEN+4% RNG+3% EVBG+4% Band+3% Zeta+5%. BoA>BBWI+2%. Cown>DKS+4% RL+2% PVH+1%. Cuts: JEF>Audc-5%. BARC>Avya-4% Lpsn-7% Audc-5%. HSBC>Dnut-6%. Rbc>FVRR-4%. Cibc>Wfg-3%.
M&A r2: RJF= was -5%, to buy TSC+32% $1B. JLL to buy Building Engines $0.3B. SUPN to buy Parkinsin’s bio $0.4B. SNY Sep7 KDMN+10% bid $1.5B: FTC OK’d. Instacart buys Caper $0.3B, AI checkout tech. HOLX buys Boulder Surgical $0.2B. CIXX to buy McCutchen: $2B, Seattle UHNWI Wealth Manager.
CNBC: JiC: MAT WHR HOOD. HT: HD UA CRWD DIS. FM: WMT FB NVDA AMD
Earnings Movers by sector: [Growth<] TECH XLK+0.4%: INTC+1%> -9%!AH techs make own chips. SAP-3%. eeft-6%. vicr-6%. From y’day: ASML+3%. IBM-10%! LRCX-2%. Hpq+7%. Xm+4%. BTC-6%. ETH-2%. Consumr Cyclical XLY+1.5%: CMG+1%. Tsco+4%. Gpc+4%. Pool+8%. Nvr-3%. crox+9%. an+8%. whr-1%. mat+2%. son-3% tph=. From y’day: TSLA+3%. Lvs-2%. lad-1%. wgo-2%. rusha+5%. Comm'c'n Service XLC+0.3%: SNAP-1%> -22%!AH. T-1%. ipg-2%. rci-2%. From y’day: VZ=. Healthcare XLV+0.4%: DHR-1%. Iqv+1%. dgx-1%. rnlx+6%. From y’day: ABT+1%. ANTM+2%. Biib+1%. thc+7%. hcsg=. Consumer Staples XLP-0.1%: sam+1%. Utilities XLU=: From y’day: NEE=. Property IYR+0.2%: From y’day: Cci+2%. rexr+2%. slg-2%. fr-1%. Industrials XLI+0.2%: UNP+1%. ABB-6%. LUV-2%. Rhi+1%. Aal+2%. alle-4%. sna-7%. csl=. alk-2%. gtls-6%. hri-2%. gatx-3%. trn-3%. vlrs+3%. lnn-9%. From y’day: CSX+2%. CP= Efx-5%. knx+4%. lstr+1%. wso+3%. ggg+3%. unf-1%. vmi-6%. msm-2%. Materials XLB-0.3%: FCX-1%. NUE-3%. Dow-1%. Ce=. oln-1%. From y’day: Ppg+3%. ufpi+7%. scl-1%. kalu-10%. Copper-3.9%. Alum-5.5%. Iron-7%. Lumber=. BDry-7%. Boat-1%. Gold-0.1%. Agri-1%. ENERGY XLE-1.5%: Vlo+1%. From y’day: KMI-6%. Bkr-4%. fti-8%. Oil-1.2%. NatGas-0.1%. NatGEu-5%. Carbon+1.4%. FINancials XLF-0.4%: BX+3%. MMC+2%. Sivb=. kb+1%> -8%AH. ix-1%. key=. ally-5%. wrb=. wal=. ewbc=. faf+1%. From y’day: NDAQ-5%. DB=. Dfs-6%. Ntrs=. Mktx+1%. Seic+1%. cfg-3%. mtb=. cma=. gl-5%. fhn-2%. slm+3%. omf-8%. bokf=. bpop-1%. stl-2%. rli+1%. cns-1%. [>Value, Rate Polarities].
EARNINGS🌎Oct21Thu R12 $2,800B MktCap (value): INTC' SAP. SNAP' ABB, BX, DHR, CMG' FCX, T, UNP, MMC, BARC. NUE, LUV, Tsco, Iqv, Dow, Vlo, Sivb' Nvr, Aal, Rhi' Dow, Pool, Gpc, Ipg, Ce' Nda. Volv. Atco. Dnb. Swed. Dnb. Schn. Epi. WalMex, SaudTe. CnNor) Jsw) ix) kb) nmlk. wuShA) key rci whr dgx alle sna csl crox an oln mat alk eeft vicr gtls sam son hri rand. magn. xci) scb) kpcpy) mpha) icicig) idbi) dscsy) nod. bkt. awc) cim) rsw. sow. axfo. top. cls. guanghE) concor) indiam) tvsm) te. grame) ally wrb wal ewbc tph gatx trn psmt vlrs schn lnn faf pbct ffin gbci ozk wbs safe ppbi homb bku asb wsfs ffbc sasr banf ebsb -TIMING: )Asia .Eu ,UsAM 'UsPM
Thu Turnover ~$300B leaders:TSLA Tesla +3.26% DWAC+450% PYPL Paypal -5.86% AAPL Apple +0.15% AMZN Amazon +0.58% NFLX Netflix Inc +4.48% FB +0.32% MSFT Microsoft +1.09% NVDA Nvidia +2.66% AMD +2.53% IBM -9.56% GOOGL +0.08% SNAP -0.71% BABA +0.14% COIN Coinbase -4.67% INTC Intel +1.14% MRNA Moderna +1.97% BA -0.85% SQ Square +3.81% PINS Pinterest -2.12% BAC BoA -0.55% LRCX Lam -1.78% F Ford +3.18% AFBRM Affirm +5.22% T AT&T Inc -0.58% JPM -0.78% MTCH Match +10.29% V -0.51% AMC -4.01% C -1.82% DIS +0.46% CROX Crocs +9.32% UNH +1.65% HD +1.78% CVX -1.25% XOM -1.82% WFC +0.34% NIO +0.48% ADBE +0.99% UPST -0.42% VALE -3.68% NKE Nike +2.35% VZ -0.41% SHOP +0.62% KDMN Kadmon +9.53% PLUG +2.28% FUTU +8.18% PG -1.33% PANW -0.77% RBLX Roblox +5.87% FDX +0.67% DHR -1.30% GS -0.07% ASML +2.59% ROKU -1.50% KRG -3.11% DIDI +13.81% TMUS -4.17% MARA -4.07% FCX -1.31% GE -2.69% % BNTX +6.29%
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Oct20Wed SPY+0.4%, Bond TLT-0.7%, EEM=, SmCap IWM+0.7%, SpecTc ARKK-0.8%
Weak $24B 20yr bond auction. Fed’s Beige Book helped: high labour demand, low supply: childcare, vax fear. Oil bounce: inventories. ECB/BuBa’s Weidman to retire.
MU+1%: Micron $150B/20yr chip CapEx plan. NVAX-15% prod’n delays, class action; was -30%. CNC+5% footie sponsor. EAT-10% cuts guide: ^costs. FB= metaverse rebrand.
M&A R10: PYPL-6%: PINS+14% $40B talks. CBOE to buy ErisX crypto exchange ~$1B+. Stripe $100B private, buys Recko IN <$1B. LFUS to buy Carling Tech $0.3B. CGC buys Wana $0.3B cannabis edibles brand. BZ’ Belvitur, buys Flytour $0.2B. new KKR’s new venture Chord, buys $1B Kobalt games catalog.
IPOs r4: SDIG+55% Stronghold Digital Mining BTC 14% float of $1.3B MktCap. CYN-1% Cyngn EV cloud $0.2B. CNTX-2% cancer $0.05B. SPAC M&A: NVTS-3% Navitas Semi GaN ICs $1B merges into LOKB. ASTL+4% Algoma Steel CA $1.5B merges into LEGO. CA: PRL $0.3B. SPACs: ESAC NCAC ACAQ WWAC AXH. Uplist: ALPP
Research: Ups: C>F+4% TMO+2%. CS>F+4%. UBS>LZAGY+2%. JEF>h/c: OSH+5% AGL+2% Cano+9% Cmax+8%. SF>Wti+15%. Cown>CONE+5%. BARC>Ftci+6%. GS>HGV+2% Gato+5%. Rbc>Clw+15%. Opy>Imcr+5%. Bmo>Jspr+5%. Cuts: DB>NFLX-2%. JEF>RIO-4% VALE-3%. BoA>ASND-5%. MS>HNNMY-2%. Gugg>solar: ARRY-9% FSLR-5% SHLS-3%. JPM>Avir-4%. Wolf>WLTW-2%. Bmo>Cmp-4%. Blair>Hcsg-14%e.
Earnings Movers by sector: [Growth<] TECH XLK-0.3%: ASML-4% cuts guide. IBM=. LRCX-1%> -3%AH. Hpq-1%> +5%AH. Xm+2%> +7%AH. From y’day: Eric+1%. BTC+4% futures ETF BITO inflows. ETH+9%. Consumr Cyclical XLY-0.1%: TSLA=> -1%AH. Lvs-2%. lad+1%. wgo-3%. rusha+1%. Comm'c'n Service XLC+0.2%: VZ+2%. From y’day: NFLX-2% mixed guide. Amx-2%. Omc-2%. irdm+2%. Healthcare XLV+1.4%: ABT+3%. ANTM+8%. Biib-1%. thc+2%. hcsg+14%. From y’day: JNJ=. ISRG+1%. Consumer Staples XLP+0.6%: From y’day: PG=. PM+1%. lrn+3%. Utilities XLU+1.6%: NEE+2%. Property IYR+1.5%: Cci+1%. rexr+2%. slg+2%. fr+3%. From y’day: els=. Industrials XLI+0.6%: CSX+1%> +3%AH. CP+2%. Efx-1%. knx+7%. lstr+2%. wso+1%. ggg+1%. unf-6%. vmi=. msm-2%. From y’day: UAL-1%. CNI+5%. Dov+1%. Ksu+1%. Man-2%. mli+2%. Materials XLB+0.8%: Ppg+1%. ufpi+3%. scl+3%. kalu+2%. From y’day: wdfc-9%. Copper+1%. Alum-1%. Iron+2%. Lumber-4%. BDry-3%. Boat-1%. Gold+0.9%. Agri+0.3%. ENERGY XLE+0.8%: KMI+1%. Bkr-6%. fti+4%. From y’day: Hal+1%. Oil+1.2%. NatGas+2.2%. NatGEu=. Carbon+3.5%. FINancials XLF+0.8%: NDAQ-5%. DB+1%. Dfs+1%. Ntrs+3%. Mktx-1%. Seic+1%. cfg+4%. mtb+6%. cma+3%. gl+1%. fhn+1%. slm+2%. omf+2%. bokf+5%. bpop+2%. stl+3%. rli+1%. cns+3%. From y’day: BK+3%. IBKR+2%. Trv+2%. Si+8%. syf+1%. fitb+4%. sbny+4%. snv+3%. cbsh+2%. tbk+2%. [>Value, Rate Polarities].
EARNINGS🌎Oct20Wed R12 $3,500B MktCap (value): TSLA'!! ASML!, IBM' LRCX' VZ, ABT, NEE, ANTM, CSX' CP, KMI' NDAQ, DB. Hpq' Biib, Cci' Dfs' Ppg' Efx' Lvs' Bkr, Mktx, Xm' Ntrs Dim. Srt. Knin. Seb. Shb. Eqt. Akza. UltraC) Hengr) RiyB. sterv. yar. lad, seic' ggg' wso, knx, cfg, mtb, cma gl' fhn, thc' lstr' vmi, msm, fti, ufpi, unf, slm, cns, geti. kinv. elisa. husq. havel) ornbv. wdp. gjf. omf fr bokf bpop rexr rushr scl wgo nep stl slg rli kalu fabg. guanJiT) wuxiAu) yto) tatCom) cofo) obero) syng) alfaa hcsg umpq fcfs tcbi tbk cvbf banr egbn ofg pfbc -TIMING: )Asia .Eu ,UsAM 'UsPM
Wed Turnover ~$250B leaders: TSLA Tesla +0.18% AAPL Apple +0.34% PYPL Paypal -4.91% AMZN -0.84% PINS Pinterest +12.77% NFLX Netflix -2.17% BABA +0.10% MSFT -0.27% FB +0.23% NVAX Novavax -14.76% AMD +0.05% COIN Coinbase +2.97% GOOGL -1.02% NVDA -0.84% BAC BoA +1.31% BA +0.09% F Ford +4.02% DIS -0.37% VZ Verizon +2.41% MRNA -0.18% AFRM Affirm -4.96% ASML -4.15% JPM +1.35% UPST Upstart -3.07% MU Micron +1.04% CRM -0.77% AMC +0.20% BIDU Baidu +1.09% V -0.90% T +1.25% CVX +1.31% UNH Unitedhealth +2.52% SNAP -1.02% SQ +0.37% MARA -1.56% ROKU -1.60% HX Xiaobai Maimai +98.42% SHOP +0.12% TWTR -0.47% ABT Abbott +3.33% RDUS Radius Health +16.36% MA -1.47% NIO -0.62% GS -1.04% ANTM Anthem +7.70% PFE Pfizer +1.69% BKNG Booking -3.20% LRCX Lam Research -0.93% MRK +1.99% PTON Peloton +2.79% WISH Contextlogic +14.47% CI Cigna +3.93% BKR Baker Hughes -5.66% BBIG Vinco -17.99%
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Oct19Tue SPY+0.8%, Bond TLT-1.3%, EEM+1.3%, Sml IWM+0.4%, SpecTc ARKK+2.1%
Housing starts miss: -1.6% 1.555m e1.620m rp1.580m p1.615m. Permits -7.7% e-3%. EWZ-4% Brazil sells off on increased risk of breaching their fiscal spending cap.
Earnings mostly supportive, despite complex cost and supply chain problems. Infra deal gets closer. Treasury wants IRS to get info on all bank accounts >$10k, was $600.
COIN+4% on FB+1%, NBA JVs. ULTA-11% cuts guide: IR day. PENN+5% bot SCR $2B. BABA+6% to design own chips. CSLLY+2% R&D Day. FDA to ok vax mixing.
RU says no extra NatGas for EU unless they approve NordStream2. UA Ukraine gas head says RU has supplied far less to EU lately (all passes thru UA): RU blackmails.
IPOs r2: SPAC M&A: SEAT Vivid Seats $2B ticket e-reseller merged into HZAC. SPACs: BMAC ENTF SMAP FEXD. . BITO BTC futures ETF lists.
M&A r5: MA buys CipherTrace digital asset security privately, likely $1B+. IBM buys ADBE Workfront consulting unit, likely $2B+. St Jude to buy $3B Thoratec cardio. MONY.L buys Quidco $0.1B. Scopely to buy SNE’s GSN Games $1B.
Research: Ups: GS>WMT+2% HLTH+3%. CS>SBAC+3% CCI+3%. SF>CHPT+6%. WFC>TDOC+3%. Svb>CRSP+4% EDIT+3%. Clsa>FUTU+4%. MS>ALVR+12%. Riley>CRYX+3%. Cuts: C>ACI-4%. Evr>MAR-3%. Bnp>EXP-3% IP-2%.
Earnings Movers by sector: [Growth<] TECH XLK+1%: Eric-4%. BTC+7% futures ETF BITO starts. ETH+2%. Consumr Cyclical XLY-0.3%: Comm'c'n Service XLC+1%: NFLX=> -1%AH. Amx=> -3%AH. Omc=> -3%AH. irdm+4%. Healthcare XLV+1.3%: JNJ+2%. ISRG+1%. From y’day: Phg+4%. Consumer Staples XLP=: PG-1% warns, PM-2% too. lrn+3%. From y’day: aci-4%. Utilities XLU+1.3%: - Property IYR+0.2%: From y’day: els=. Industrials XLI+0.6%: UAL-2%> +2%AH. CNI+1%> +3%AH. Dov+1%. Ksu=. Man-6%. mli+5%. From y’day: hxl-3%. Materials XLB+0.5%: wdfc=. From y’day: stld+2%. Copper-0.6%. Alum-2.2%. Iron+3%. Lumber-6%. BDry+3%. Boat+4%. Gold+0.3%. Agri-0.3%. ENERGY XLE+1.1%: Hal=. Oil+0.8%. NatGas+2%. NatGEu+2%. Carbon-2.2%. FINancials XLF+1%: BK=. IBKR+3% to offer BTC, ETH. Trv+2%. Si-14%. syf+3%. fitb=. sbny-4%. snv+4%. cbsh=. From y’day: STT+2%. sfbs+3%. [>Value, Rate Polarities].
EARNINGS🌎Oct19Tue R11 $2,500B MktCap (value): NFLX' ISRG' JNJ, PG, PM, ERIC. BK, IBKR' UAL' DB1. CNI' Hal, Amx, Trv, Fitb, Syf, Dov, Omc' Man, Si, Ksu, HindUn) wanhu) caovy) cnTwr) ltts) iciPru) nestIn) tel2. beia. cast. bwy. tkagy. acc) isec) sbny irdm cbsh snv wdfc lrn wtfc hwc ucbi onb fult fmbi nbhc mrtn
-TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Tue Turnover ~$350B: TSLA Tesla -0.67% AAPL Apple +1.51% AMZN -0.08% FB Facebook +1.39% BABA Alibaba +6.10% MSFT +0.31% NFLX Netflix +0.16% AMD -0.09% COIN Coinbase +4.19% NVDA +0.31% GOOGL Alphabet +0.32% MRNA -0.37% AMC -5.18% AFRM Affirm -1.21% AVIR Atea Pharm -65.96% ROKU unch UPST Upstart -4.21% DIS +0.02% JNJ +2.34% WMT Wal-Mart +2.12% ADBE Adobe +2.13% ULTA Ulta -10.58% NIO +1.06% BAC BoA +0.43% SNAP Snap +0.83% NET Cloudflare -4.36% JPM +1.21% PG -1.18% WFC +1.84% SQ +0.88% BA -0.47% MARA Marathon Digital +4.78% MRK +3.03% ISRG +1.20% XOM +1.50% CVX +1.95% FCEL Fuelcell -1.72% MU +0.46% CCL Carnival -3.42% C +0.21% PYPL +0.51% SHOP +1.41% CRM +0.22% GS -0.37% FUTU +3.94% V +1.24% MA +1.02% BIDU +4.65% INTC +1.36% BNTX +0.67% NOW +2.11% NKE -1.01% QCOM +1.83% JD +3.02% T +1.03% LRCX +0.37% HD +0.84% VZ c +0.85% M Macy's -6.12% MDB +0.80% AVGO +1.40% CMCSA +1.92% PLUG Plug Power +2.61% RIOT Riot Blockchain +3.46%
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Oct18Mon SPY+0.3%, Bond TLT+0.5%, EEM-0.2%, Sml IWM-0.1%, SpecTec ARKK+1%
Industrial prod'n -1.3% e+0.2%, rp0.1% p+0.4%. CN GDP miss:4.9% e5.2%, prior 7.9%.
AAPL+1%: new M1 chips, AirPods, MacBook. ZG-9% Zillow lows: homebuying pause. FB+3% to hire 10k staff in EU over 5yrs. BIDU+5% will design own chips. MDT-5%: FDA didn't stop RDN trial early. BIIB-4%: ALS study primary endpoint fail.
IPOs R7: OVH.FR $4B MktCap cloud. GETVV+32% #3 BZ Cr card co $2B~ spinoff from BSBR. OZ-18% Belpointe REIT $1B~. CYN Cyngn $0.1B EV software.
SPAC M&A: BKKT Bakkt $2B crypto exchange spinoff from ICE, merged into VIH. ENJY $1.5B tech e-retail, merges into MRAC. SPAC: MEOW. [Symbol changes: TYHT>SISI $0.1B. PVAC>ROCC. $1B.]
M&A r5: ARLUF+5% Aristocrat to buy PYTCY+58% Playtech plc $4B. CDW+5% to buy Sirius Computer $2.5B, private. OWL to buy Oak Street Real Estate Capital $1B. MDT to buy IL insulin bio Triple Jump $0.3B. VC: FinTech N26 $0.9B Series E: $9B value.
Research: Ups: TFC>OXY+4%. MS>AGRO+8%. BoA>WLK+3%. Cuts: BARC>DIS-3%: subs. BoA>CLB-5% GSHD-4%. JPM>INFN-5%. GS>NTAP-4% LTCH-15%.
Earnings Movers by sector: [Growth<] TECH XLK+0.8%: BTC-4% futures ETF BITO starts Tues; IBKR starts BTC, ETH trading for US advisors; GTBC -10% intraday: Closed End Fund no longer needed. ETH-1%. Consumr Cyclical XLY+1.2%: Comm'c'n Service XLC+0.8%: - Healthcare XLV-0.7%: Phg-3%. Consumer Staples XLP-0.6%: aci+3% beat. Utilities XLU-1%: - Property IYR+0.2%: els+1%. From y’day: Pld+2%. Industrials XLI+0.1%: hxl-2%. From y’day: Jbht-1%. Materials XLB-0.1%: stld+1%. From y’day: sxt=. Copper-0.3%. Alum+0.4%. Iron=. Lumber-1%. BDry+6%. Boat+3%. Gold-0.3%. Agri-0.2%. ENERGY XLE+0.1%: - Oil+0.6%. NatGas-4%. NatGEu+2%. CarbonE-1.7%. FINancials XLF=: STT+2% beat. From y’day: GS+2%. Pnc+1%. Tfc+1%. [>Value, Rate Polarities].
EARNINGS🌎Oct18Mon R4 $500B MktCap (value): STT, HDB) Phia. Sand. stld' aci, ultraC) clp) els' hxl' zion' pacw' fnb' fbk' lti) aza. adcb. ccohf) zijmy) eastM) hats) qtgs. gemd) -TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Mon Turnover ~$350B: TSLA Tesla +3.21% AAPL Apple +1.18% AMZN Amazon +1.11% FB Facebook +3.26% MSFT Microsoft +1.01% AMD Adv Micro +3.84% NVDA Nvidia +1.65% AFRM Affirm +7.17% DIS Disney -3.01% COIN Coinbase +4.54% BABA -0.70% NFLX Netflix +1.54% MRNA Moderna +3.28% GOOGL +1.00% UPST Upstart -1.74% SNAP -1.99% BAC BoA -0.19% AMC +5.62% JPM -0.04% SNOW Snowflake +1.29% SQ Square +1.29% NIO +5.04% WFC Wells +2.17% FUTU +0.39% GS +1.88% ROKU +6.19% CRM +0.01% BA -0.03% M Macy's +17.51% FCEL Fuelcell +18.27% Z Zillow -9.45% PG -1.44% V -0.15% NET Cloudflare +7.80% MDT Medtronic -5.50% HD +1.31% SHOP Shopify +2.85% BIDU Baidu +4.53% INTC +0.02% JNJ -0.73% ADBE Adobe +2.09% PYPL +0.74% MA +0.69% CVX -0.05% MARA Marathon Dig +5.24% XOM -0.05% T -1.44% TGT Target +3.23% CMCSA -1.48% PROG Progenity +39.72% PLUG Plug Power +4.32% SOFI +7.59% MRK -1.51% COST +2.11% UBER -2.67% CRWD Crowdstrike +4.48% CCL -2.28% OXY +4.01% BMY -2.43% ZM +2.97% RIOT Riot Blockchain +7.00% LCID Lucid +5.23%
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Oct15Fri SPY+0.8%, Bond TLT-0.6%, EEM+1.2%, Small IWM-0.3%, SpecT ARKK+0.2%
AMZN+3% TSLA+3% on Retail Sales big beat +0.7% MoM, e-0.3%; rp+0.9% p+0.7%. Core+0.8 e+0.4 rp+2% p+1.8%. UniMich Consumer Sentiment 71.4 e73.5 p72.8.
SPCE-17% launch delay until 2022Q3: refurbishing. IP-5% containerboard data. MRNA-2% FDA delays vax approval for teens: rare heart disease risk.
IPOs r3: FNA+16% Paragon 28 $1.5B ortho medTech. INKT= MiNK $0.4B cancer. SPACs: FOUN CDAQ SANB AHVI PEPL.
M&A r5: WBA ups stake: $5B for 55% of actute care CareCentrix/ VillageMD.
Research: Ups: JPM>XP+7% (BZ). TFC>GNRC+5%. PIPR>SQSP+5%. UBS>FLS+4%. Cuts: BoA>FUTU-14%. Baird>CRSR-8%. TD>TRQ-15%. GS>WDC-2%. EVR>FB-1%.
Earnings Movers by sector: [Growth<] TECH XLK+0.8%: From y’day: TSM+2%. dct-24% cuts guide. BTC+5% futures ETF likely on Tues. ETH+1%. Consumr Cyclical XLY+1.5%: From y’day: dpz-5%. Comm'c'n Service XLC-0.2%: - Healthcare XLV+0.5%: From y’day: UNH+2%. Wba-4%. Consumer Staples XLP-0.2%: - Utilities XLU-0.3%: - Property IYR=: Pld+1%. Industrials XLI+1%: Jbht+9%. Materials XLB+0.3%: sxt+5%. From y’day: aa+15% beat, buyback, new div’d. cmc+2%. Copper+2.6%. Alum+1.5%. Iron-2%. Lumber-2%. BDry-5%. Boat=. Gold-1.6%. Agri+0.4%. ENERGY XLE+0.5%: - Oil+0.6%. NatGas-4%. NatGEu-12%. CarbonE-5%. FINancials XLF+1.5%: GS+4% beats. Pnc-2%. Tfc+1%. From y’day: BAC+4%. MS+1%. C+2%. WFC+7%. Usb-2%. pgr+1%. [>Value, Rate Polarities].
EARNINGS🌎Oct15Fri R5 $500B MktCap (value): GS, SCHW, Pld, Pnc, Tfc, Jbht, sxt, bmi, svst. topch) chicicG) baycu) 47d) dmart) -TIMING: )Asia .Eu ,UsAM 'UsPM
Fri Turnover ~$250B: AMZN Amazon +3.31% TSLA Tesla +3.02% AAPL Apple +0.75% MSFT Microsoft +0.48% FB Facebook -1.15% MRNA Moderna -2.31% NVDA Nvidia +0.53% GOOGL +0.15% AMD +0.12% BABA Alibaba +0.73% UPST Upstart +2.72% GOOG Alphabet Cl C +0.19% BAC BoA +2.88% WFC Wells Fargo +6.78% COIN Coinbase +7.93% GS Goldman Sachs Group +3.80% NFLX Netflix Inc -0.87% DIS Disney +1.18% JPM +1.92% AFRM Affirm -1.17% BA -0.18% AMC +1.67% AA Alcoa +15.23% NIO +3.94% FUTU -13.66% C Citigroup Inc +2.10% SNAP Snap Inc +0.91% CRM +0.57% V Visa +2.58% MA Mastercard +3.31% UNH +1.83% VZ +0.67% INTC Intel +1.04% PYPL +0.71% TSM Taiwan Semi +2.04% AVGO Broadcom +1.14% PLUG -1.79% ED -1.59% BRK.B +0.91% HD +1.85% F +1.62% SPCE Virgin Galactic-16.83% SQ +0.64% FCX Freeport-Mcmoran +4.07% MARA Marathon Digital +12.16%
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Oct14Thu SPY+1.7%, Bond TLT+0.3%, EEM+0.4%, Sm IWM+1.5%, SpecT ARKK+1.9%
PPI+0.5 e0.6 (+8.6% YoY: 12yr high); core +0.2, e0.5. Weekly jobless 293k-36k e322k.
BA-2% 787 defects. MRNA+3% FDA ok’d booster for kids. RE+4% hurricane claims.
IPO R11: GTLB+35% GitLab 5% float of $15B MktCap. IHS-19%: 7% of $6B mobile towers. LUCD Lucid Diagnostics 14% of $0.4B. SPACs: BMAC TRIS ROSE.
Research: Ups: KEY>APA+7% T+1%. COWN>CAT+3%. SF>UPS+4%. BAC>RRC+4%. MS>EYE+6%. BAC>ASML+5%. Cuts: MS>ESPR-11%. HSBC>PBR-1%.
M&A r4: SOUHY buys $1B 45% stake from SMMYY: CL Sierra Gorda HG mine. CG to buy KR #2 coffee chain, Twosome Place $0.7B. SA' PIF to buy InterMilan FC $1B, from CN’ Suning; & Newcastle FC $0.3B. GNNDY to buy SteelSeries game gear $1B.
Earnings Movers by sector: [Growth<] TECH XLK+2.2%: TSM+2%. dct+1%> -12%AH. From y’day: INFY=. Wit+2%. etwo-1%. BTC+1%. ETH+7%. Consumr Cyclical XLY+1%: dpz=. Comm'c'n Service XLC+1.4%: - Healthcare XLV+1.4%: UNH+4%. Wba+7%. Consumer Staples XLP+1.1%: - Utilities XLU+1.2%: - Property IYR+1.3%: - Industrials XLI+1.9%: From y’day: DAL=. Materials XLB+2.4%: aa=> +6%AH. cmc-5%. Copper+2.5%. Alum+1.8%. Iron=. Lumber+2%. BDry+1%. Boat-2%. Gold+0.2%. Agri+0.4%. ENERGY XLE+1.2%: - Oil+2.1%. NatGas+0.3%. NatGEu+7%. FINancials XLF+1.7%: banks beat: BAC+4%. MS+2%. C+1%. WFC-2%. Usb-2%. pgr-1%. From y’day: JPM+1.5%. BLK+3%. Frc+3%. [>Value, Rate Polarities].
EARNINGS🌎Oct14Thu R11 $2,200B MktCap (value): TSM, BAC, MS, C, WFC, UNH, USB, Wba, Pgr, HclT) frcoy) dpz, aa' dct' temn. chr. cmc, indusi) szu. rykky) -TIMING: )Asia .Eu ,UsAM 'UsPM
Thu Turnover ~$250B: AAPL Apple +2.02% TSLA Tesla +0.89% MSFT Microsoft +2.17% AMZN Amazon +0.47% NVDA Nvidia +3.85% AMD +2.59% FB +1.23% GOOGL Alphabet +2.59% MRNA Moderna +3.23% BAC Bank of America +4.47% AFRM Affirm +1.60% BABA -0.37% AMC +5.70% UPST Upstart +10.09% UNH Unitedhealth +4.17% JPM JP Morgan +1.53% PLUG Plug Power -5.30% WFC -1.61% BA Boeing -1.96% PYPL Paypal +3.94% TSM Taiwan Semi +2.35% C +0.77% NFLX +0.64% FUTU -12.41% SQ Square +1.93% COIN Coinbase +5.36% CRM Salesforce +1.97% ADBE Adobe +2.77% MS Morgan Stan +2.48% WBA Walgreens +7.43% T +1.26% VZ +1.11% INTC Intel +3.14% MA Mastercard +0.65% QCOM Qualcomm +2.90% CRWD Crowdstrike +2.06% GS Goldman +1.27% DIS Disney +0.84% V Visa +1.22% TMUS T-Mobile US +2.40% XOM Exxon +1.52% MRK Merck -0.79% CMCSA +2.47% NIO +0.11% FCX Freeport +3.66% ASML +4.55% NET Cloudflare +3.67% MU +2.14% AMAT +3.01% CAT Caterpillar Inc +2.85% DATS Datchat +9.00%
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Oct13Wed SPY+0.4%, Bond TLT+1%, EEM+1.4%, SmC IWM+0.5%, SpecT ARKK+1.5%
Hotter CPI +0.4% e0.3% p0.3; core +0.2 e0.3 p 0.1. Strong $24B 30-year bond auction. Fed minutes flag a $15B monthly taper (2/3 USTs, 1/3 MBS) from Nov; rate liftoff 3Q22.
SAP+5% raises guide. CRSP-6% lows: Phase1 infections. AAPL= to cut iPh produc’n. WBA= Walgreens closes more SF stores (total 22) due to brazen shoplifting gangs. QCOM+2% new $10B buyback. AMD+4%: new GPUs. SNOW+5%: PATH+4% JV.
IPOs r4: AVDX= AvidXchange= 10% float of $5B payablesTech. HCTI $0.1B bio cloud. CLST= Catalyst bank Direct Listing <$1B, was a mutual. SPACs: FATP.
Uplist: VGFC $0.3B food: 2020 CA IPO; XRTX: 2015 CA IPO. BBLG $0.2B OTC>NQ
Research: Ups: MS>PLUG+13% & PSX, EADSY JVs: green Hydrogen. BoA>AFRM+4%.
M&A r3: Captrust Advisors to buy Covenant TX HNWI $3B. Mindbody to buy ~$0.5B Classpass fitness booking.
Earnings Movers by sector: [Growth<] TECH XLK+0.6%: INFY+4%. Wit+7%. etwo+2%. BTC+5%. ETH+3%. Consumr Cyclical XLY+0.5%: - Comm'c'n Service XLC+0.5%: - Healthcare XLV+0.2%: - Consumer Staples XLP+0.2%: - Utilities XLU+1.2%: - Property IYR+0.7%: - Industrials XLI+0.7%: DAL-6%: oil^costs. From y’day: Fast=. azz=. Materials XLB+0.7%: - Copper+4.2%. Alum+0.3%. Iron-5%. Lumber+4%. BDry-2%. Boat-1%. Gold+1.8%. Agri-1.6%. ENERGY XLE-0.1%: - Oil+0.1%: Putin says $100 possible. NatGas+3.7%. NatGEu+5%. FINancials XLF-0.6%: JPM-3%: rates, despite beat. BLK+4% beat. Frc+2%. From y’day: pnfp+5%. [>Value, Rate Polarities].
START💥of US Q3: EARNINGS🌎Oct13Wed R9 $1,000B MktCap: JPM!, BLK, INFY) DAL, Wit) Frc, Qnbk) etwo’ asc. boq) abcM) -TIMES : )Asia .Eu ,UsAM 'UsPM
Wed Turnover ~$250B: TSLA Tesla +0.67% AAPL Apple -0.42% AMZN Amazon +1.14% MSFT Microsoft +1.17% AMD Adv Micro +3.92% FB +0.24% MRNA Moderna +3.33% AFRM Affirm +3.88% NVDA Nvidia +1.30% JPM JP Morgan -2.64% BABA Alibaba +2.70% PLUG Plug Power +12.79% GOOGL Alphabet +0.83% V -0.71% BAC BoA -0.92% CRM Salesforce +1.94% BA Boeing -0.80% C -0.54% QCOM Qualcomm +1.70% DIS -0.10% PYPL +0.20% T -0.51% NFLX +0.77% SNOW Snowflake +4.76% CRWD Crowdstrike +7.00% UPST Upstart +3.56% VZ +0.04% JSPR Jasper Thera +105.13% NKE Nike +1.92% SQ Square +2.24% MA -0.87% AMC +2.96% ADBE Adobe +1.80% UNH +0.08% ALGN Align -4.97% NIO +2.06% PFE Pfizer Inc -1.03% MU -0.51% DAL Delta Air -5.76% WFC -1.29% JNJ +0.96% GM -2.02% CMCSA +0.69% FDX Fedex +1.09% MS +0.81% ZM Zoom Video +4.21% CVX +0.60% F -0.83% INTC +0.17% DATS Datchat -26.72% FCX +3.50% AXP -3.54% TGT Target +2.83% ROKU Roku +2.88% GS -0.06% BRK.B -0.26% NET Cloudflare +5.62% XOM -0.28% ORCL +0.87% SHOP Shopify +3.08% DDOG Datadog +7.07% ASML +2.67%
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Oct12Tue SPY-0.3%, Bond TLT+1.7%, EEM-0.5%, SmC IWM+0.5%, SpecT ARKK+1.3%
Firm $38B 10-year T-note auction. $58B 3-yrs was weak. JOLTS miss 10.4m, e10.9m.
TSLA+2% highs:CN sales. AAL+1%: prelim results. CVAC-5% lows: vax withdrawal. COIN-3% adds NFTs. MATX+8% & AAL+1% guided up. MU-4%: weak DRAM outlook.
Ratings:Ups:CS>MGM+10%. COWN>ABNB+4%. GS>NKE+2%. Cuts:HSBC>SMSN-3%.
M&A r4: SIG= buys Diamond Direct $0.5B, ups guide. ZIJMF-1% Zijin Mining to buy NLC+14% $0.9B Lithium (CN buying strategic metal mines). COLB-14% bank to buy UMPQ-5% $5B 7% premium; lawsuit into info/fairness. BX buys $1B Hipgnosis music.
IPOs r1: IVT REIT $1B direct listing. SPACs: GIAC.
Earnings Movers by sector: [Growth<] TECH XLK-0.5%: - BTC-4%. ETH-4%. Consumr Cyclical XLY+0.8%: - Comm'c'n Service XLC-0.9%: - Healthcare XLV-0.85%: - Consumer Staples XLP=: - Utilities XLU+0.7%: - Property IYR+1.3%: - Industrials XLI-0.83%: Fast+3%. azz+2%. Materials XLB+0.1%: - Copper-0.9%. Alum+0.2%. Iron-1%. Lumber-4%. BDry-8%. Boat=. Gold+0.4%. Agri= quiet WASDE. ENERGY XLE+0.1%: - Oil-0.1%. NatGas+1%. NatGEu+3%. FINancials XLF-0.3%: pnfp+1%. [>Value, Rate Polarities].
EARNINGS🌎Oct12Tue r1 $100B MktCap (value): Fast, tryg. toh) citPS) kibi) gxi. you. -TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Tue Turnover ~$250B: TSLA Tesla +1.74% AAPL Apple -0.91% FB -0.52% AMZN +0.03% MSFT -0.46% GOOGL Alphabet -1.77% BABA Alibaba -0.58% AMD +0.34% AFRM Affirm +4.18% NVDA -0.12% MRNA Moderna +1.98% MU Micron -3.61% VZ Verizon -1.63% JPM -0.77% NFLX -0.33% T AT&T -2.31% BA Boeing -1.27% INTC Intel -2.38% CRM Salesforce +1.92% BAC BoA -0.55% UPST Upstart +7.12% HUBS Hubspot +11.07% CMCSA +0.21% F Ford +3.64% SQ Square +2.19% MGM +9.61% QCOM Qualcomm -1.59% C Citigroup -1.45% XOM Exxon -0.52% V Visa Inc -0.47% TXN Texas Instr -2.53% NKE Nike +2.04% PYPL +0.31% KO = JNJ -1.60% MA -0.52% BRK.B -0.82% ABNB Airbnb +3.65% SNAP +2.35% AVGO -1.43% TSM -0.96% ADBE +1.33% GM +1.50% HD +0.25% COIN Coinbase 2.80% AMAT -0.58% OCGN Ocugen +18.47% SOFI +3.15% PLUG Plug Power +7.70%
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Oct11Mon SPY-0.7%, Bond TLT-0.2%, EEM-0.2%, SmC IWM-0.6%, SpecT ARKK-0.3%
Columbus Day: US bond holiday: quiet stocks. CN tech bounce: smaller Meituan fine.
LUV-4% cancels 2k+ flights: weather, labour shortages, fuel. ENPH+4%: ^alt-energy. APTV-2% auto supplier cut guide: chip shortage. Cotton highs hit GPS-5% LEVI-4%.
Ratings: MS ups SOFI+13%. RJF cuts CMCSA-4%. DB,JEF up WYNN+3% LVS+2%.
M&A R9: AZPN+12% to merge with EMR-3% industrial software unit: $11B. PCRX+6% to buy FLXN+59% bio $0.6B 82% premium. SUPN+8% to buy ADMS+75% bio $0.5B, 81% prem. JP’ JHXLY to buy JRE $2B renewable energy. Ardian buys Admo SP fibre from EQT.
IPOs R8: GWC+27% ESS wind/batteries $1B MktCap merges into STWO. SPAC: LCW. KSA: ACWA30% Power: 9% float of $14B MktCap ($300B of IPO over-orders).
Earnings Movers by sector: [Growth<] TECH XLK-0.6%: - BTC+5%. ETH-5%. Consumr Cyclical XLY-0.4%: - Comm'c'n Service XLC-1.5%: - Healthcare XLV-0.8%: - Consumer Staples XLP=: Utilities XLU-1.4%: -Property IYR+0.3%: - Industrials XLI-0.8%: - Materials XLB=: - Copper+1.8%. Alum+3.3%. Iron+3%. Lumber+5%. BDry+4%. Boat-4%. Gold-0.2%. Agri-0.3%. ENERGY XLE-0.4%: - Oil+1.2%. NatGas-4%. NatGEu=. FINancials XLF-1%: - [>Value, Rate Polarities].
EARNINGS🌎Oct11Mon r0 $60B MktCap (value): dmart) pnfp, 0h13. cosmP)
-TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Mon Turnover ~$150B: TSLA Tesla +0.82% AAPL Apple -0.06% BABA Alibaba +1.50% AMZN Amazon -1.29% MSFT Microsoft -0.21% FB Facebook -1.39% AFRM Affirm -4.36% NVDA Nvidia -0.65% AMD -0.36% GOOGL Alphabet -0.62% MRNA +0.06% JPM -2.10% NFLX Netflix -0.89% SQ Square -2.58% T AT&T -2.76% VZ Verizon -1.99% CMCSA Comcast -4.53% BA +0.03% PTGX Protagonist Thera +93.86% BAC BoA -1.26% CCXI Chemocentryx +5.44% DIS Disney -1.82% AMC +0.16% XOM Exxon -1.00% PYPL Paypal 1.93% SOFI Sofi +13.45% COIN Coinbase +3.37% V Visa -2.24% ORCL Oracle +0.95% TMUS T-Mobile -3.32% C Citigroup -0.93% CVX -0.85% GM -0.82% MA Mastercard -2.20% FCX Freeport-Mcmoran Inc +3.22% LUV Southwest Air -4.17% NET Cloudflare +3.30% PAGS Pagseguro Digital -11.48%
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Oct8Fri SPY-0.2%, Bond TLT-0.7%, EEM+0.4%, Small IWM-0.8%, SpecTec ARKK-1.8%
Fri: US JOBS data 830ET, e+500k. CN back from Golden Week hol.
IPOs r1: ISO IsoPlexus $0.6B cell bio. PYXS Pyxis Oncology $0.5B. CGTX Cognition $0.3B age bio. [Delayed: AEON $0.3B cosmetic bio. CING~ Cingulate $0.2B dosing bio. SOPA~ $0.2B credit cards.] SPACs: JMAC SAMA.
M&A r4: CB to buy CI’s TK biz $6B. SNDL+10% buys Alcanna $0.3B liquor/weed. LUKOY buys Petronas’15% stake in AZ’ Shah Deniz gas project: $2B.
EARNINGS🌎Oct8Fri r1 $200B MktCap (value): TCS) Bbtn) yasky)
-TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
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Oct7Thu SPY+0.9%, Bond TLT-1%, EEM+2%, Small IWM+1.6%, SpecT ARKK+2.4%
Debt ceiling extension (Dec3) bounce; NatGas bubble cools. Jobless 326k -38k, e-24k.
PFE+2%: kids vax. BKE+4% COST+1% on Sept sales. MRVL+2% highs: Investor Day.
M&A r5: IAC+8% buy mag publisher MDP+6%, $3B. APP+10% buys MoPub $1B from TWTR+4%. BX to buy 75% of visa processor VFS: $2B.
Ratings: GS ups NIO+7%. JEF ups SQ+4%. Gugg ups LAD+4% AN+2%, cuts PNW-8%.
IPOs r3: LTH Life Time 20% float of $3B MktCap gyms. THRX Theseus 8% of $0.6B cancer. SPACs: IXAQ.
EARNINGS🌎Oct7Thu r0 $80B MktCap (value): Cag, Tlry, Svndy) nanya) lw, hele, accd' rch fan. lawso) -TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjust
Earnings Movers by sector: [Growth<] TECH XLK+0.9%: - BTC-3%. ETH-1%. Consumr Cyclical XLY+1.6%: From y’day: levi+8%. Comm'c'n Service XLC+0.4%: idt+12%. Healthcare XLV+1.3%: Tlry+2%. Consumer Staples XLP+0.4%: Cag-1%. lw-7%. hele+6%. From y’day: Stz+2%. Utilities XLU-0.5%: -Property IYR+0.2%: - Industrials XLI+0.8%: From y’day: ayi+2%. rgp+15%. Materials XLB+1.3%: From y’day: rpm-2%. Copper+2%. Alum-0.8%. Iron=. Lumber+7%. BDry-6%. Boat+1%. Gold-0.5%. Agri+0.8%. ENERGY XLE+0.8%: - Oil+2.2%. NatGas+0.8%. FINancials XLF+0.6%: [>Value, Rate Polarities].
Thu Turnover ~$200B: TSLA Tesla +1.39% FB Facebook -1.32% AAPL Apple +0.91% AMZN Amazon +1.24% BABA Alibaba +8.26% MSFT Microsoft +0.59% NVDA Nvidia +1.81% MRNA Moderna +2.29% AMD +2.71% AFRM Affirm +0.15% GOOGL Alphabet +1.21% NIO +6.92% SQ Square +4.20% NFLX Netflix -1.13% BAC BoA -0.27% BA Boeing +0.66% GM +4.65% JPM +0.63% SHOP Shopify +3.60% ADBE Adobe +1.52% V Visa +1.78% AMC +3.56% F Ford +5.45% PYPL -0.20% DIS +1.27% T -0.81% FCX Freeport +8.23% UBER +1.91% NKE Nike +2.05% SNAP +4.31% XOM +0.28% MRK +1.59% UNH +2.65% MA +1.50% MRVL +2.20% TWTR +4.37% JD +6.16% ASML +1.95% HD +2.16% PDD Pinduoduo +6.30% NTES Netease +8.29% PTON +4.75%
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Oct6Wed SPY+0.4%, Bond TLT+0.6%, EEM-0.6%, Small IWM-0.5%, SpecT ARKK+0.8%
Weak start on debt ceiling/ infra, inflation (NatGas squeeze) fears; strong ADP jobs 568k (e405k, rp340k p 374k) > taper fear. Then: NatGas cooled (Putin offered to add EU supply); McConnell offered date extension; Biden/Xi eSummit set up for late 2021.
AFRM+20%: TGT= BNPL JV. EA-7%: glitches delay Battlefield 2042. HOV-14% cuts guide: supply chain. MRNA-9%: SE drops vax: heart inflammation risks. GM-1% plans to double sales by 2030, and lead in EVs. GSK=: WHO approves malaria vax.
Ratings: GS cuts X-9% AAL-4% JBLU-3% NUE-3%. MS cuts STX5% GOGO-13% CDW-5%. Wolfe cuts DAL-2% HA-3%. PIPR ups PSX+1%. Needham ups CNMD+4%
IPOs r1: VLCN Volcon 28% of $0.1B EV motorcycles. CION $1B BCD (SME PE). SPACs: NFYS AVAC PBAX PCXC. Uplists: NVEI $9B ePayments, IPO’d in CA 2020.
M&A r2: BSX to buy Baylis medTech $2B.
Earnings Movers by sector: [Growth<] TECH XLK+0.7%: - BTC+6%: 55k. ETH+3%. Consumr Cyclical XLY+0.3%: levi-5%. Comm'c'n Service XLC+0.2%: - Healthcare XLV-0.2%: - Consumer Staples XLP+1%: Stz-1% loses gains. From y’day: PEP+3% beat, raise. Utilities XLU+1.6%: -Property IYR+1%: - Industrials XLI+0.4%: ayi+11% beats. Materials XLB-0.2%: rpm+3% beat but cut guide. Copper-0.2%. Alum-0.8%. Iron=. Lumber-1%. BDry+1%. Boat-1%. Gold+0.3%. Agri-0.2%. ENERGY XLE-1%: - Oil-2.6% surprise EIA build. NatGas-9%. FINancials XLF+0.1%: [>Value, Rate Polarities].
EARNINGS🌎Oct6Wed r1 $150B MktCap (value): Stz, Tsco. rpm, levi' ayi, aonny) welci) idt' -TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Wed Turnover ~$250B: AAPL Apple +0.63% TSLA Tesla +0.28% FB Facebook +0.20% AMZN Amazon +1.27% MSFT Microsoft +1.51% AFRM Affirm +19.95% NVDA Nvidia +1.22% MRNA Moderna -8.94% AMD +1.80% GOOGL Alphabet +1.13% PLTR Palantir +1.59% NFLX Netflix +0.68% BABA Alibaba +0.67% BAC BoA +0.05% ROKU +5.64% SQ Square +1.33% BA Boeing +0.25% GM -0.75% XOM Exxon -1.83% T -0.15% UPST Upstart +3.85% JPM +0.21% COIN Coinbase +4.29% CSCO -1.37% MRK -1.15% CRM +1.29% AMC AMC -0.62% UBER Uber +3.07% SHOP Shopify +2.41% EA Electronic Arts -6.95% MRVL Marvell +7.34% NET Cloudflare +6.25% BTBT Bit Digital +8.41%
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Oct5Tue SPY+1%, Bond TLT-1%, EEM+0.7%, Small IWM+0.3%, SpecTec ARKK+1.7%
(Swing voter) Senator Manchin ok’s up to $2.2T social safety package: boosts stocks. ISM Non-Manuf'ing 61.9% (e 60.0%) from p61.7%: labour, logistics, supply chain issues. EU lawmakers: newly-completed Nord Stream 2 fails EU law; DE ok with it. [RU may be manipulating NatGas, to push NS2]. CN still buys AU coal, despite CN’s ban. Flat AUD rate decision, flat A$4B weekly QE. New JP PM has 12yr low 49% approval.
M&A R9: IVZ+5% $11B: STT+3% bid talks. SWX buys $2B Questar pipelines from D.
IPOs r0: [IFIT $6B postponed.] SPAC: RNER BHAC.
FB+2% bounce: whistleblower testimony priced y’day. NFLX+5% Squid Game bounce. TSLA= $137m racism damages to 1 CAL contractor. ICE+3% strong Sept volume. K-1% US strike. LULU+1%, AZO+1% buybacks. VTR-4% loses senior living contracts.
Ratings: Wedbush ups NKE+2%. Atlantic ups SCHW+4%. WFC ups FTNT+3%. BoA ups EL+2%, cuts BBBY-4%. MS cuts RIDE-11%. RJF ups BE+9%. BMO cuts SFM-2%. UBS ups HSBC+3%. Baird ups AOS+4% boilers.
Earnings Movers by sector: [Growth<] TECH XLK+1.4%: - BTC+3%. ETH+5%. Consumr Cyclical XLY+0.4%: - Comm'c'n Service XLC+1.5%: - Healthcare XLV+0.6%: - Consumer Staples XLP+0.6%: PEP+1% beat, raise. From y’day: napa-9%. Utilities XLU-0.2%: -Property IYR-0.6%: - Industrials XLI+1.1%: - Materials XLB+0.9%: - Copper-1.2%. Alum+0.3%. Iron+3%. Lumber+1%. BDry+9%. Boat+2%. Gold-0.5%. Agri-0.6%. ENERGY XLE+0.6%: - Oil+2.1%. NatGas+7%. FINancials XLF+2%: [>Value, Rate Polarities].
(Oct13: JPM starts US Q3) EARNINGS🌎Oct5Tue r1 $200B MktCap (value): PEP' jhd. 9dh) -TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
Tue Turnover ~$300B: TSLA Tesla -0.12% FB Facebook +2.06% AAPL Apple +1.42% AMZN Amazon +0.98% MSFT Microsoft +2.00% NFLX Netflix +5.21% NVDA Nvidia +3.64% GOOGL Alphabet +1.77% MRNA Moderna +1.92% AMD +1.47% BAC BoA +2.03% MRK Merck -1.81% SQ Square +4.30% JPM +1.02% BABA Alibaba +2.51% XOM Exxon -0.16% PYPL Paypal +2.02% NKE Nike +1.58% MA -0.29% BRK.B Berkshire +1.61% AMC +0.79% CVX Chevron +1.09% ADBE Adobe +1.47% V Visa -0.20% UNH +1.66% BA Boeing +0.28% FDX Fedex +2.94% QCOM Qualcomm +0.67% RBLX Roblox -6.72% DIS +0.66% ROKU +2.58% C Citigroup +1.74% SHOP +0.24% MU -0.17% CRM +0.34% GM +0.67% IBM -0.67% INTC +0.90% GS +3.12% WFC +2.00% AMAT +2.29% UPST +2.25% OXY +3.02% ORCL +2.50% ASML +2.80%
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Oct4Mon SPY-1.3%, Bond TLT-0.3%, EEM-1.5%, Small IWM-0.9%, SpecTc ARKK-3.6%
Factory orders+1.2% m/m (e1.0%) rp 0.7% (prior p0.4%). CN>TW: 20 warplanes ~daily.
FB-5%: 60 Minutes (“antidemocratic co”) whistleblower & 1/2day FB/IG/WtAp outage: > TWTR-6% SNAP-5% PINS-6%. TSLA+1%: Q3 EV deliveries. F+1% sales +34% MoM. MRVL-4% warns: semi shortage thru 2022. NFLX-2% helped by strong “Squid Game” dystópian KR survival horror thriller series, with subtitles & big TikTok meme overflow. MA-4% ahead of Thurs divid'd. GM+2%: Engine #1 stake; but deliveries -33%.
M&A R7: QCOM to buy VNE+3% carTech $4B cash, 86% premium. Stonepeak PE to buy TGP+9% Teekay LNG $1.5B cash, 8% prem. CA’s SLF to buy DentaQuest $2B.
Ratings: BARC ups UNP+2%. IPOs: -
EARNINGS🌎Oct4Mon r0 $30B MktCap (value): napa' aryn. almarai. qpj) -TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments.
Earnings Movers by sector: [Growth<] TECH XLK-2.3%: - BTC+5%. ETH+3%. Consumr Cyclical XLY-0.8%: - Comm'c'n Service XLC-2.2%: - Healthcare XLV-1.5%: - Consumer Staples XLP-0.3%: - Utilities XLU+1.4%: -Property IYR-0.2%: - Industrials XLI-0.5%: Materials XLB-0.4%: - Copper+0.8%. Alum+1.8%. Iron-3%. Lumber+1%. BDry+2.4%. Boat-6%. Gold+0.5%. Agri-0.2%. ENERGY XLE+1.6%: - Oil+2.6%. NatGas+6%. FINancials XLF-0.9%: [>Value, Rate Polarities].
Mon Turnover ~$350B: TSLA Tesla +0.81% AMZN Amazon -2.85% FB Facebook -4.89% AAPL Apple -2.46% MSFT Microsoft -2.07% MRNA Moderna -4.47% GOOG Alphabet -2.11% NVDA Nvidia -4.87% MRK Merck +2.09% AMD -2.06% BABA Alibaba -3.17% NFLX Netflix -1.60% SQ Square -5.45% MA Mastercard -4.44% JPM -0.11% V Visa-2.49% ADBE Adobe -3.29% XOM Exxon +1.30% BAC BoA +0.60% XENE Xenon Ph +101.92% PYPL -3.64% CRM Salesforce -1.60% GM +1.60% BA Boeing -0.98% SHOP Shopify -2.65% ROKU -5.60% AMC -4.39% INTC Intel -0.72% MU Micron -0.52% JNJ -0.78% NIO -5.60% WMT -0.96% C +0.15% ZM Zoom Video -2.96% SNAP -5.34% DIS -1.45% PFE -1.19% AMAT -3.04% ASML -3.89% AFRM Affirm -8.42%
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Oct1Fri SPY+1.1%, Bond TLT+0.8%, EEM-0.1%, Small IWM+1.6%, SpecTc ARKK+0.6%
MRK+8% antiviral pill results:likely yearend use, lifts mkt, hits MRNA-11%, BNTX-7%; helps reopeners LYV+8% PENN+8% LUV+6% CCL+4%. HON+2% ups div’d by 5%. SPWR+10% MDY add. DIS+4% settles Black Widow dispute.
COIN+2% hackers stole crypto from 6,000+ customers. BTC+10% on ETF hopes.
IPOs r7: EXAI Exscientia plc $3B AI drug dev. TDCX 13% of $3B CX,UX. FWRG First Watch Restaurants 18% of $1B. SPAC M&A: IONQ $2B Quantum computing merged into DMYI. KORE $1B IoT merged into CTAC. SPACs: GATE DMYS MTRY
M&A r0: ZM+2%, FIVN+5% ended merger agreement.
Ratings: RBC new o/perform: GOOG+2% FB+1%. JPM ups CF+10% MOS+6% NTR+4%
Earnings Movers by sector: [Growth<] TECH XLK+1.5%: - BTC+10%. ETF hopes. ETH+11%. Consumr Cyclical XLY+0.8%: From y'day: Kmx-1%. bbby-4%, Bed Bath & Beyond, huge miss and cut (meme stock). Comm'c'n Service XLC+1.7%: - Healthcare XLV=: - Consumer Staples XLP+0.3%: - Utilities XLU=: -Property IYR+1.4%: - Industrials XLI+1.4%: From y'day: Payx+2%. Materials XLB-+1.6%: From y'day: Mkc=. Copper+2.4%. Alum+0.1%. Iron+3%. Lumber=. BDry+2.5%. Boat+1%. Gold+0.2%. Agri+1.4%. ENERGY XLE+3.4%: - Oil+1.3%. NatGas-4%. FINancials XLF+1.6%: From y'day: Jef+2%. [>Value, Rate Polarities].
EARNINGS🌎Oct1Fri r0 $40B MktCap (value): emsn. hni, jdw. skis. -TIMING: )Asia .Eu ,UsAM 'UsPM -RANK: MktCap x %Adjustments
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Sep30Thu SPY-1.2%, Bond TLT=, EEM+0.8%, SmallC IWM-0.9%, SpecTec ARKK+0.7%
===🔑Detailed Key: ===
r0-R10 = relative busyness rating; MktCap = total value of all stocks reporting today
BOLD = more notable moves; italics: somewhat notable.
CAPitals / ! = more important stocks: $50B+ AllInCapitals, $10B+ 1stLetter:Capital
AH = US After Hours earnings.
(IN BRACKETS => under $1B MktCap co's = top 5k global listed stocks)
IPOs: float offer sold % of total shares: <10% thin slivers => squeezy volatile prices
% Adjustments: Liquidity x Volatility x L/T Strategic Tech / Growth Moat x Governance Malfeasance M&A Legal Risks
companiesmarketcap.com browse all top co's: 150 $100B+; 1k $20B+; 5k $1B+.
twitter.com/CFAMBAiBk browse stocks' news & name (click on stock $symbol)
>Top50+ US Broker Research rank - approx Sell Side influence overall: JPM BAC GS MS C UBS BARC DB CS HSBC WFC AB JEF SF Rbc Td Bmo Cibc Bns Na Bnp Clsa Tfc Key Sivb Pipr Rjf Macq Nmr Mizh Opy Cown Evr Jmp Rily Ccorf Wolfe Btig Gugghm Needham Wedbush Berenberg Cantor Susqh Argus Blair Davidson Telsey Seaport Roth Benchmark Janney Rosenblatt AllianceGlobal Atlantic Wainwright GHaskett Barrington CraigHallum CnRenn SummitInsi Sidoti Oden Northland Loop lakeSt monness. Shorts: Hindenburg MuddyWaters Citron Gotham WolfPack Grizzly shadowFall cohodes qcm jCap
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