May 7, Friday
Market Summary:
Stocks SPY+0.8%, Bonds TLT-0.6%, Emerging Mkt EEM+1%, Small IWM+1.2%.
NFP Jobs shock: +265k, expected 1m; Bonds spiked +1.5%, then sank, with Wages +0.7%, e0=; both monetary and fiscal stimulus less likely to taper anytime soon.
Markets also look towards extended UI jobless benefits, ending in September.
ECB member Kazaks said QE may be cut in June. IT,SP bonds fall, since March.
Overnight strong CN PMI data, was offset by more hawkish US-CN rhetoric.
Techs recovered losses; value and commod's melt up: Copper+3%, Lumber +3%.
Sentiment: ARK's Wood talked cheerily on CNBC. Musk hosts SNL tomorrow.
Earnings Movers by ~impact: Healthcare XLV+0.7%: ELAN+6%, CI+2%, MODV+7%, AVNS-4%, MD+20%, AMRX-10%, Ocugen OCGN-4%, Cronos CRON+1%.
Tech XLK+0.9%, XLC+0.8%: LBRDA+3%, VTR+2%, QRTEA+15%, AXL+7%, PAYA-4%, TIXT+3%, TU+1%, LSXMA=, CLGX=. Energy XLE+1.8%, Oil=: ENB=, TRP=, CCJ+11%, CVE-1%, ERF+6%, STNG+9%, NOG+9%, GLP-7%.
Consumer Cyclicals XLY+1.6%: Draft Kings DKNG-7%. Nikola NKLA+13%, LEA+2%, QRTEA+16%, JOUT-2%. Utilities XLU+0.3%: NFE+4%, HE+4%, SR-1%.
Others: Cinemark CNK+5%, AMCX+4%, Icahn IEP+3%. SPB+3%, IBP-8%, GVA-7%, SSP-5%, ATH+2%, BPY+1%. ITT+1%. WFG=.
Overnight A/H, today: SQ+4%. ROKU+11%. EOG+8%. CVNA-6%. APTV+5%. MSI+6%. W+7%. MCK+7%. ET+7%. EXPE+5%. DDOG+8%. IAC+5%. LYV+6%. NWSA+5%. HWM+4%. TPL+9%. TPR+5%. BLL+18%, BYND-7%, IIVI+6%, APPN-11%, TWST+12%, QDEL+11%, TDC-16%, RVLV+12%, SHAK-15%, FROG-15%%, CARG+14%, IHRT+14%, RETA-9%.
Earnings flood (see daily stock value totals) starts to thin, over the next 2 weeks:
World Stocks' Quarterly EARNINGS: May7Fri: R5 $1,600B MarketCap (value):
SIE. CI, BMW. CRARY. HDB) MQBky) OCBC) UOB) ENB, TRP, VTR, Nkla, Mara, Ads. Lbrdk, Tu, Iep, Elan, Kao) Gmg) Clnx. Icagy. Rea) Ocpny) UltraC) Npscy) Ssumy) Ath, Lea, Fwonk, itt, tixt, Cron, Dkng, Ocgn, Amcx, Cnk, Pszky. Otp. hrnnf, ncSo) japsy) ccj, nfe, esnt, he, qrtea, ibp, unvr' acdvf) mnbey) asgly) ptgcf) yangMi) innolu) jfeef) sr spb flr, md, gsbd, li. sggkf) bkahf) gebhy) ricoy) rbi. inxsf) farEN) osagy. akaaf. dnopy. jun3. bzzuy. brthy) rgedf. waf. apemy. mgyoy. alpa4 jttry) u14) avns modv paya gva npo ssp road jout mmi lxp abr svc epix batrk krn. isctr. petkm. eao. sbs. sii axl nhc mrsn rdus ruth nog glp vivo amrx tile kop gato aud rmr dxpe gci ff tgls dske plym clmt cio anip ltrpa sify cnty zeus ds ttsh plxp imux eigr galt adma
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments
Fri turnover leaders: $250B~ value:
TSLA AMZN AAPL MSFT ROKU PTON FB SQ GOOGL NVDA BA AMD GOOG PYPL BABA JPM DKNG XOM NIO MRNA BRK.B SHOP BAC OCGN NFLX NKE FCX BIDU AMT PFE UBER CSCO C DIS GS PLTR CRM SNOW TLRY WFC TWTR INTC ORCL CVX TSM MA MU SNAP WMT EXPE ABNB CMCSA V BYND IBM RHE HD VIAC AMAT ETSY NOW TWLO MELI QCOM T PINS VZ MRK GM BKNG JNJ TXN CVNA MS PGWX CNC TMUS BNTX CAT ADBE ABBV UNH LOW VALE TTD FUTU ZM GE AAL COST CVS PODD TDOC DHR TMO NXPI LRCX UAL DOCU AMGN DE ATVI EBAY BDX PEP EOG CRWD BILL JD HUBS KO GOLD UPS FDX LIN SBUX NUAN COP MNST NEM DDOG FSLY CLF CCL NCLH CB AVGO SLB RTX DAL NET BMY KSU PLUG Z CHTR LLY TGT MPC MDT F LB ABT OXY PFPT RKT UNP LMT GME FIS TJX CI DUK FISV ET HON SCHW NVAX RNG MAR CCXI STX RUN ADI AON ISRG NEE ENPH ALGN SPGI AXP PDD PENN ACN SKLZ CTSH JAZZ USB BKR COF LYFT NUE GILD INTU NOK MCK ADP ASML MMM JCI CCI EL MDLZ MCHP RIOT MARA AMC DOW
===
May 6, Thursday
Market Summary:
Stocks SPY+0.8%, Bonds TLT+0.1%, Emerging Mkt EEM+1%, Small IWM+0.1%.
Weekly Jobless fell below 500k, a pandemic low (530k expected) ahead of Friday NFP Jobs, e980k. Wages fell -0.3%/yr (expected -1.6%); Productivity +5.4%/y (e5%).
Fed's Financial Stability Report, sees asset price and hedge fund position risks.
GBP=: In it's monthly rate decision, the BoE spread existing QE over a longer period (buys £3.2B/wk, was £4.4B; unti Dec, was Oct), denying it was a taper.
Frothier market segments are correcting: ARKK, SPAK, meme, crypto. Rotation to value continues (helped by inflation): causing Dow DIA+1% to push new highs.
Crypto cool: BTC-2%, ETH-1%, DOGE-10: COIN-6%, RIOT-9%, MARA-6%, SI-7%. Meme stocks cool too: GME+1%, AMC-2%, BB-1%, OCGN-12%, MVIS-4%.
IBM+1% has made the first 2nm chip: fingernail size, with 50B transistors.
TSLA-1% has very strong demand, all sold out this quarter. Baillie Gifford funds cut stakes by 40% in Q1 (13-F). NCLH-7% says it can't launch US cruises by July.
Earnings Movers: Healthcare XLV+0.2% (bounced on DE's Merkel rejecting giving away vax IP): ZTS-4% (livestock health spinoff from PFE), MRNA-1.5% (announced booster vax for BR, ZA variants), BDX-4%, REGN+3%, MCK-2%, CAH-7%, PODD-4%, MTD=, GH-4%, TECH-1%, XRAY=, NTRA-8%, MRTX-12%, EXEL-3%, XLRN=, VIR-4%, TWST-5%, SEM+2%, NTLA-7%, CERT-6%, PGNY-2%, QDEL-4%, IOVA-2%, AMN+6%, INSM+6%, OPCH-5%, KRTX+4%, AHCO-12%, BCRX+20% (rare disease drug sales growth), PBH+6%, HCAT-6%, CVET-2% HSKA+8%, FLGT+2%, CTRE+2%, AXNX-1%, IRWD-3%, DRNA-6%, JYNT-10%.
Tech XLK+1.6%, XLC+1.2%: FIS+2%. CVNA+3%. W+6%. EPAM-1, DDOG-7, CGNX-1, BKI+4, AVLR-5%, BILL-6%, OLED=, APPN-3%, ANGI-3%, FOUR-12%, IIVI-7%, VNT+4%, TDC-1%, DOCN-6%, RPD-4%, FROG-3%, RVLV-2%, NSIT-6%,AVYA-12%.
Energy XLE+0.5%: CNQ+3%, ET+3%, PBA+1%, TPL-5%, MP-7%, HL+16%, SSRM+8%.
Materials XLB+0.7%: LIN-2%. MT+5%, WPM+3%, KL+3%, AMRS-16%, MTX+2%.
Others: BUD-6%. MNST+1%. AIG+3%. BLL-2%. MGA+2%. K+7%. AES-4%%. LYV-5%. PENN-8%. TPR-3%. IRM+8%. BLDR+6%. NCLH-7%. NLSN+2%. HII+3%. AXON-7%. TMX-4%. WCC+9%. EXPI-9%. KTB+5%. PFSI-4%. PZZA+7%. WD-11%. SBH+20%. NMRK+11%. EPC+9%. SNCY-7%. VGR+5%. CLNE-7%. GOGO+8%.
After Hours: ROKU-7%,+9%AH. SQ-3%,+2%AH. MCHP+1%,+4%AH. EOG=,+4%AH. AIG+3%,-2%AH. PTON+1%,+6%AH. EXPE-4%,+5%AH. NET-13%,+8%AH. BYND-2%,-7%AH. VIAC-2%,=AH. IAC-1%,+2%AH. MSI+1%,+3%AH. NWSA=,+3%AH.
Overnight A/H, today: UBER-9%. PYPL+2%. BKNG-2.5% TWLO-9%. ETSY-15%. CTSH-8%. RKT-17%. FSLY-27%. ALB-9%. ANSS-6%. TXG-21%. RUN+12%. ZNGA+6%. LUNM5%. BFAM-7%. RDFN-16%. CCMP-11%. LOPE-16%. GKOS-9%.
World Stocks' Quarterly EARNINGS: May6Thu: R8 $3,500B MktCap (value):
SQ' MRNA, ZTS, VOW3. LIN. BUD. FIS, BDX, REGN, ROKU' MT. AIG' EOG' MCHP' MSI' EXPE' VIAC, PTON' MNST' NET' IAC' UCG. CABK. Nilsy. Zal. Gle. Hei. Mp' Ddog' Epam, Mck' Mtd' Bll, W, Evk. Eslf. Enel. Hen3. Ntdoy) Nab) Lr. Ing. Muv3. Aptv. Cnq, Mga, Nwsa' Wpm' All, Ed' Et' Fms. Cvna' Ppl, K, Lyv' Dbx' BYND'\ Tech, Xray, Cah, Pba' B3sa3 Ambev3 Cqp Ppod Aes Pwr Amh Tpr Cgnx Hwm Penn, Bip Evrg Fer. Nxt. Gblb. Colo. Ho. Kfh. Vedl) Bdev. Sbsw. Maruy) gxyyy) kykof) irm nclh reg gh lnt cnp otex bki un01. mndi. fnd bill avlr oled cabo bldr midd tpl fnf ver cold kl wfg y pcty nlsn stor axon aqn raa. rec. tlx. gn. scha. ake. esun) novatek) ana. rrtl. gfi. aibg. ntra bap\ Amc' Trip' Cwk rp hii nrg trgp mtz mrtx flir bld exel xlrn post angi stwd rga fvrr appn iivi plnt foxf bl hta tmx mms vir cdk al tdc vnt twst pk nomd sem four jobs syna nfg pgny ntla altr cert qdel wwc docn appf icui iova expi adnt ftdr msg kwr aciw rezi seas rpd shak frog hain ay njr becn amn ago rvlv env amrs ktb ale nsit stmp wd peo. icl. dln. af. adaniP) aaon hl comm nktr clny swx lnr fr ssrm pfsi aple opch golf ahco reta vg insm diod wbt pzza sfm sun tds prlb den yelp cwen carg mur csod mtx spxc ths bcc ihrt unit tse focs main cnce avya. nvmi ufs svmk axnx hcat laur sncy sbh pbh xhr irtc drrna sats epc himx idcc bke flgt clne vsto gtn vgr gsat eb nmrk dlx hska core ntct bv vctr bcrx praa sumo tpic oust irwd gnl drh ctre mfa bwmx gpro grpn kura adct cytk uis csii frg atec cmbm tvtx acmr usph oec cdxs endp hmpt evop cnxn ymab bkd sxi erii shyf hmhc trhc oksl agm karo uscr gogo chrs gden pahc dvac rc bfs brbr stng zgnx umh cris chuy cars ntus ten amph oprx prdo wrld tcx pae fnko jynt adap mye ueic coll vray gdyn mnrl epzm cmrx ctlp aldx rmax twi bbdc lxrx bxg lqdt agen hci ziop avd atrs ecom icpt cara loco xxii crai cdxc egle tmst anik albo cplg vntr mirm ctt gts siga ctmx glog atro insw dmlp srlp txmd cps sppi wldn true oyst infu gern ater rgs atnx scor natr pybi este spro gwrs fldm autl athx itic syrs inve nnbr ags ajx gpx immr chma airg lee sic
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments
Thurs turnover leaders: $250B~ value:
TSLA AMZN AAPL MSFT FB MRNA PYPL PTON UBER,, SQ, AMD ROKU, GOOGL NVDA BABA BA NIO ETSY,, GOOG SHOP JPM PFE TWLO,, NFLX PLTR, BRK.B VIAC BNTX SNOW, XOM BAC LEDS/// WFC BIDU PINS, C MELI, INTC MA CSCO V DKNG,, FSLY,,, SNAP PG ABNB, AMT UNH DIS W' ADBE HD GM MU QCOM CRM TMUS' ORCL GS IBM CAT NVAX NOW FCX TWTR CVX MS NCLH, PLUG, COST TSM ZM BKNG UPS AMAT MRK TLOW JNJ CRWD, CVNA, VALE' DOCU PENN,, VZ K' TXN GE CTSH,, GOLD OCGN,, FDX CVS DE TDOC, REGN WMT LIN ATVI CMCSA LYFT, ADI LRCX HUBS TMO BMY RUN/ RKT,, AMGN NET,, NKE TTD, BDX, ABBV FIS CCL Z PEP RNG,, RCM KO ENPH, SPGI JD EXPE, FUTU, AVGO LLY PM CLF F PDD OKTA, PFPT NEM BYND COF MDT UAL AAL ACN JMIA COP NXPI ZTS NEE X ABT TXG,,, GILD FISV RIOT,, ASO ANTM XPEV, DDOG, HOME// TLRY,, GIS MGM, TGT GME SBUX U, HON SLB DHR EBAY RCL MPC SKLZ CI AXP MARA, NUE DAL MCD LVS, UNP SPOT TJX LMT RTX ALGN AES, FOUR,, CMG CAH, EMR TBBK MO ASML NOC KR MDLZ ALB,, RBLX CBCCI OXY
-Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,,
===
May 5, Wednesday
Market Summary:
Stocks SPY+0.2%, Bonds TLT+0.2%, Emerging Mkt EEM+0.5%, Small IWM-0.4%.
Weak ADP jobs (a sign for Friday's NFP Jobs) and ISM Services hit techs, but cyclicals keep rising: Materials XLB+1.3%, Financials XLF+0.2%. US Quarterly Treasury Refunding announcement (all bond auction sizes) came in as expected.
Rotating hits on market sectors in sequence, often dent overall assets very little.
Richly valued Techs are slipping back, despite blowout earnings: rate rises hurt.
VNQ-1.5% REITs: rate-proxy sectors weak, on rate rise fears, via Yellen.
Biotech IBB-1.3%: US backs vax IP waiver. Big disincentive, and key tech loss.
Dow DIA+0.2% made new highs again. FTSE+1.5% similarly benefits more from a higher cylical weighting (and early UK reopen, on May 17.) Thursday's UK regional elections may help Scottish independence parties; also BoE decision.
A G7 statement urged China (CN) to follow it's global agreements (TW/WHO; trade practices; Uighurs). CN's NDRC has suspended trade dialogues with AU.
FB-1%: Facebook's independent oversight board kept up the Trump ban, for inciting violence with disinfo; and demanded clear rules.
Trump has just set up his website, for a 2024 Presidential run.
LYFT-6% beat but gig workers reclassifed as employees: hit DASH-5%, UBER too.
Peleton PTON-14%: treadmill recall, after a child's fatal accident, and reopening.
CME-1% will close all floor pits, except STIR Eurodollar options.
HNST+44%: $2B MktCap IPO of Jessica Alba's baby/beauty Honest Company.
BTC+4%, ETH+8%: COIN-3%, RIOT-3%, MARA-1%, SI+2%. SQ+2%. TSLA=.
DOGEcoin+16% (#4 Crypto) seems the biggest meme-bubble ever: a crazy-spec indicator. Musk (pumps DOGE) hosting SNL this weekend, may lead to a climax.
A PolkaDOT (#7 Crypto) Closed End Fund is likely to be listing soon.
Earnings Movers: GM+4%. HLT-4%. CNHI+4%. ALB+3%. SMG+6%. FMC+2%. TT+2%. RUN-4%. NYT-4%. RDFN-5%. SPR-5%. PSN-4%. BBU+7%. DNB-5%. HAYW+24% Hayward pool equipment. Office Depot ODP+9%, also spinoff.
Energy XLE+1.6%: (FundStrat's pick; Oil= on inventories) MPC+3%, XEC+5%,-6% AH, HFC-4%. Utilities XLU-1.7%: EXC-3%, PEG-3%, SRE-2%; CLH+6% waste.
Healthcare XLV+0.2%: ABC-6%, WAT+3%, IONS-5%, NEO-12%, TNDM-3%.
Tech XLK-0.3%: CDW-3%, FICO-2%, FLEX+4%, CYBR-12%, AEIS-9%, EAF-9%.
After Hours: UBER-4%,-4%AH. PYPL-1%,+4%AH. BKNG-2%,=AH. TWLO-2%,-5%AH. ETSY-2%,-9%AH. CTSH=, -6%AH. BE-6%,+3%AH. QTWO-2%,+5%AH.
A/H from Overnight: TMUS+4% ATVI+1%. MTCH+4%. DVN+8%. CZR+8%
World Stocks' Quarterly EARNINGS: May5Wed: R10 $3,200B MktCap (value):
PYPL' UBER' BKNG' TWLO' GM, MELI' ETSY' CTSH' NVO. MAERSK. ISP. EXC, ABX, ALB' FOX' HLT, Abc, Rsg' Tt, Cnhi, Mpc' Dpw. Anz) Mfc' Peg, Met' Emr, Anss' Cnswf' Slf' Cdw, Flt' Txg' Hubs' Hznp, Trmb' Wat, Cern, Fmc' Smg, Znga' Fnv' Ugi' Sampo. Wkl. Gmab. Dsm. Ele. Stla. Sre Wrk Lbtya Fico Eqh Lumn Gddy Cday Ato Bfam Bwa Dnb Ni Nbix Nyt Jll Fsly Gwo bdwby)fts wtrg lblcf mdu rdfn xec tou enr. hnr1. vie. solb. saga. itv. adaniE) ambuja) cpin) bbu lhcg reyn pri ions srpt hfc eqt qtwo nrvo Be Spwr gil bsmx bak flex site vst rgld vac fate pfg nvst run adt pfg frt staa tndm neo cw cybr mtg ccmp adpt ryn unm lnc pnw gfl lesl orcc src boo. bdwby) robor) saga. dcp stn nrz lope clh spr algm hayw psn seb trno hr arx allo rcii aeis ora arna cdna sbra qlys doc nuva pdce tptx cpa eaf aqua klic ktos inmd ava ghc cybg. hsx. bos. toy epr enbl lila rkt band cim rock acad brlxf kw flow fun srgy cent vcel root noos omi om sji accd mfi trkny. rlj gbt gdot xncr sbgi hubg edit simo crto odp ptve two mgy aaww blue ttgt alg qtrx evh ping ww prim aste whd skt cpe plmr nwn din esta ssys nblx mgpi ameh dpm dac ocul ecpg saft rdwr nmf plya tvty rgr tup dnow petq gel kids knsa bcsf smp dhc avid cxw hngr pasg parr talo gprk psnl np vnda aegn hcc gthx tpc mtw insg adtn aeri slrc axgn ufcs ll aosl vrtv bcor gnk osur rmni ryi sva mcs isee dgii blx imxi rigl bbsi cste sb pnnt arlo pkoh zixi kala hear mlr lpi ccrn amot snr vapo clw ke notv
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments
Wed turnover leaders: $250B~ value:
TSLA AMZN AAPL PTON,, MSFT FB NVDA AMD MRNA, BA GOOGL GOOG PFE UBER, BABA PYPL BNTX, NFLX RHE/// SQ BAC GM' V SHOP NVAX, LYFT, INTC UNH BIDU ATVI TMUS' MU ROKU, VIAC ADBE JPM HD XOM AMAT TXN BKNG OCGN,, SNAP, ATNX// VZ QCOM CMCSA CSCO GS AVGO TWTR MDT MRK CRM NIO CVS WFC C Z, COST ETSY PEP NXPI WMT MA AMGN TMO LOW JNJ PINS PLTR ZM EL ADI TWLO ABBV CVX MTCH FCX' PG NEE NMRD/// NOW DOCU, IBM BRK.B PLUG AMT GE DIS CLF COP' SLB' CCL CZR' UNP ORCL LRCX DE T RNG PFPT SCHW UAL DKNG ABNB, BMY AAL ASML MELI TDOC ABT NOC UPS EOG SBUX NET CAT DVN SKLZ,, FDX DOW MDLZ W NKE LUV FISV ADP LLY ACN OXY' NUAN TGT AXP BP REGN MS DUK MARA X, LIN MPC' ISRG ANTM ABC DAL CHTR ENPH NUE F MCD TSM GILD RIOT USB HLT SPGI EBAY INTU JD VRSK,, CRWD PXD GME SNOW COF PENN AIG BDX CERN KLAC EQIX CHMA// CVNA, NCLH NYT BKR EXC FANG CI ETN MRCY,,, MET CTSH AZN IT RTX MVIS, SWKS FUTU SEDG PM TJX FIS DHR EMR LMT AON MMM CNC RUN, TTD, PRPO,
-Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,,
====
May 4, Tuesday
Market Summary:
S&P SPY-0.7%, Bonds TLT+0.7%, Smallcaps IWM-1.2%, EEM-1.1% EMs weak.
CN, JP on holiday. Infineon IFX-6% (missed earnings, on auto chip shortages) led DAX-3%; also dragged by general China/Taiwan fears. Greens' candidate for Chancellor, Baerbock, has the best ratings for replacing Merkel. This means tougher DE responses to CN on human rights, which can hurt DE supply chains.
US Tech XLK-1.8%: AAPL-3.5% on a MS note. But supercap Dow DIA= climaxed and bounced all 1% early loss, after Yellen's suggestion (softened later) that small rate hikes could tame inflation: as Financials XLF+0.8% benefit from rate rises.
AMZN-2%: Amazon's streaming video, with ads, now reaches 120m viewers.
Microsoft MSFT-2%: Bill and Melinda Gates announce a divorce. No preNup.
SDC-19%: SmileDirect (braces) disclosed a cybersecurity attack weeks ago.
BTC-6%, ETH-1% ($3,500 high, on Fintech/ Smart Contract / NFT edges); SQ-5%, COIN-5%, RIOT-6%. TSLA-2% (still the core meme-linked boom stock).
Oil+3%, yet Energy sector stocks flat XLE=. Grains boom on CN demand, BZ drought, Biden's biofuel. Lumber has hit limit up most days in the recent boom.
Earnings Movers: Healthcare XLV=flat, yet CVS+4%, IDXX-4%, CTLT-7%, INCY-5%, HSIC+8% BHC-11%, RGEN-6%, RCM-12%. Thomson TRI+3%. Ferrari RACE-6%. SEDG-15% solar. CWH+10% RVs. MRCY-7%. WMG-6%. SEE+9%.
Materials XLB+1%: VMC+5%, MLM+5%, DD+%2%, AMCR+5%, LPX+7%, ARNC+19%.
Tech: RNG-6%, PAYC-6%, XYL+4%, MPWR-5%, IPGP-10%, ZBRA-2%, SABR-14%, IT+14%. After Hours bounces: T-Mobile TMUS-2%, +3% AH. Match MTCH-6%, +6% AH. LYFT-2%, +4% AH. Zillow Z+3%, +5% AH. Activision ATVI-3%, +5% AH.
World Stocks' Quarterly EARNINGS: May4Tue: R10 $3,300B MktCap (value):
PFE, TMUS' ATVI' IFX. Z' MTCH' CVS, GPN, COP, TRI, AXA. IDXX, KKR, XLNX' RNG' D, DD, LYFT' Syy, Pru' Pxd' Ctva' Vrsk' Zbra, Etn, Cmi, Zbh, Mpc, Anet' Ame, Vmc, Mlm, Payc' Exas' Xyl, Lng, Ctlt, Incy, Expd, Akam' It, Crl, BEN, Mplx, Czr' Apo, Vna. Alc. Eco' Telny. Gebn. Bharti) Cht) Tlk) AdaniP) Atgl) Amcr) Aden. Dvn' Br, Mpwr' Ldos, Pki' Bg, Hst' Rgen, Bhc, Ipgp, pen hsic dlb uaa see afg aiz jazz bery peak h wu iaa hfg. grf. cpr. demant. pndora. saudMi. lpx/ lamr nnn lsi rare rcm gmed cohr ingr nxst nvta insp cour stag dei upwk hlf ayx ttec rdn lgih sage wk alrm bkh pinc cdlx atc mrcy mcfe hasi wts lanc rhp jbgs arnc sign. orp. tmv. sjmhf. froto. twMob) algt lciii viav hi lpsn virt out kiimant mcy spt cvlt nsa door vsh crsr wtm etrn eqc kxs bnl mic ptct ese med pcrx dcph amrc cwh sklz rrr cyrx rpai fss iosp cmp hep nmih silk epay ns gluu kai gcp arcb infn pro dk cpk kar mcrb smci dkl mbu syke gnmk toi stlc pvb eqb ero dea spns sitm icfi lung hmn syx sgmo amk tslx lnth ichr ingn wdr tnc hsc kamn usac acls grbk crk hy nrc tbph hurn denn atra cdev veco pump gldd dht ospn inn chct cers ande wlkp vrex utl ahh tmdx nex espr fi xent hcci veri dco glt kopn trtx cldt ryam peri scu gilt kbal pvac bry bxc wti jnce bnft wttr acre rm drrx bgfv rcky
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments
Tue turnover leaders: $300B~ value:
TSLA AMZN AAPL, MSFT FB NVDA, GOOGL AMD BA GOOG BABA NIO, MRNA, SHOP PYPL, SNAP, BAC NFLX BNTX,, PFE SQ, JPM INTC AMAT, JNJ C BIDU T TWTR QCOM CVS' MU CRM CMCSA XOM PLTR V COCP// PINS ATVI COIN UNH HD DIS PG VZ BRK.B MA ADBE X' UPS GM, PRPO' ROKU, ORCL WFC NOW BLRX// TWLO, NVAX, ZM OCGN,,, PFPT TSM PLUG ABT MVIS/ AVGO FCX UBER, GE DKNG GS EL' TDOC, SEDG,, LRCX PEP DOCU, ASML, CAT TXN CLF/ ABBV IBM CVX CSCO CCL WMT PTON FISV AMGN MDT NXPI CRWD ENPH LOW VIAC F BKNG NKE LYFT COST Z TMO ABNB OKTA RTX SCHW AAL KO MRK FDX MS UAL, SBUX LLY NEE SPGI BMY CCXI,, COP JD MELI MTCH, ETSY DAL,, GILD LIN GME COF DE ALGN HON TMUS UNP VXRT/ IT/ SPOT, WYNN, MCD VALE NCLH ADI LMT SNOW SWKS RIOT, EBAY CHTR VIPS, ISRG MDLZ SKLZ FUTU, CCI ETN RNG, W PNC ACN STX, NUAN ANTM TEAM PENN WD AY DHR XLNX PDD PM ALXN TFC PPD KLAC DOW CI FIS INTU, MARA, EQIX USB CVNA HUM AXP TGT SHW MO NUE' BYND NET, AMT PH BTX,, CHGG MRVL WDC, CZR ADP RUN, AZN
-Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,,
====
May 3, Monday
Market Summary:
Stocks SPY+0.2%, Bonds TLT+0.2%: Very weak ISM Manufacturing (60.7 vs e65, 10ET) spiked Bonds to +0.7%. Prices (raw materials) jumped to the highest level since 2008. Also the Senior Loan Officer Survey (SLOOS, at 14ET) showed weak loan demand in Q1. NYC reopens on May 19; and May 7 in UK: today was a subdued Bank Holiday. CN, JP off too. EMs flat: EEM=. Smallcaps IWM+0.5%.
Communication Services XLC-0.6%, Healthcare XLV+1%, Materials XLB+1.5%.
AAPL+1%. has another lawsuit, from Epic Games, the Fortnite creator, about lowering fees. It is also being sued by SPOT, FB and TheTileApp, about preferential ads. Appleinsists it is more serious about consumers' privacy and security, than Adroid (GOOG) & FB. TSLA-4%: Berlin gigafactory delays.
BTC+1%, ETH+17%, COIN-1%, but RIOT-5%, SI-5%. XRP's Ripple Labs will go public, to become the 2nd largest Blockchain stock, after COIN, ahead of RIOT.
PYPL-1% Paypal may launch its own stablecoin; EBAY+4%: plans crypto, NFTs.
Oil+2%; Oil Drillers OIH+5% on BARC upgrade of BKR+8%, HAL+6%
Volatile small/mid bio's: VXRT+24% AH: recovered today's losses, on vax news.
BTX+58%, acquired licence from MRNA+4% (who also finalised 500m vax supply to UN). Novovax NVAX-18%: bad vax news midcap.
GME-6%, AMC-3%, OCGN+24%: meme-stock short squeezes have peaked.
Earnings Movers: Calendar slows: Energy XLE+2.7%: FANG+2.7%, SU+2.5% RIG+4%, CVI+5%. REGI renewables -5%. Tech: Zoominfo ZI-4%, ON-4% chips.
Estee Lauder EL-8%. IRBT-4%. CHGG-8% education. ATCO+4% ships, power.
Berkshire BRK-B+2%: Buffet (& Munger's) e-AGM: tough views on Bitcoin, Robinhood, SPACs, inflation; Except for Apple, he missed tech growth. $145B cash pile, spends $30/B annualised on buybacks. Greg Abel to be successor.
World Stocks' Quarterly EARNINGS: May3Mon: R5 $1,800B MktCap (value):
BRK-B(Sat) EL. Shl. On, Epd, Su' Wmb' Wec, Ntr' Awk' Agr' Fang' Xpo' Sedg' Mos' Zi', L, O' Chgg' Bldp, Wbk) KotakM) Itub4 dmart) grasim) fAbDbBk. dSulai. sci qgen jkhy frpt wwd amg leg car bwxt rbc vrns cr shls fls cc ogs itri irbt rent3 bbse3 emaar. akel. 0zq. g07) lti) idbi) adc atco nsp kmt regi rig fn cbt awr maxr sho eprt sanm lthm ldi lgnd mygn mwa ue egov cvi rmbs pkiuf stljf cjt tri. bsm ottr rily argo adus qure alx gpre vnom kfrc sibn tcmd plow ever bcei hlit csr sohu smlr uan str pets strl kpti spne dtil frph ipi dzsi ta soi
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments
Mon turnover leaders: $250B~ value:
AMZN TSLA, AAPL FB AMD, MSFT OCGN// TWTR GOOG GOOGL NIO BABA NVDA MRNA' BTX/// BA NFLX PYPL V PFE JPM BAC NVAX,, SHOP, PRPO//// UPS' EL, FDX' MU DIS VIAC, BRK.B CRM SNAP, FISV SQ WMT INTC MA XOM HD ORCL BNTX/ NOW, T BIDU C JNJ PG QCOM ABBV UNH RHE/// TSM AMAT VZ COST PINS, LOW TXN MRK DKNG FCX AMGN GE GME, CVX IBM CMCSA PLUG, ROKU PEP TDOC, UBER PLTR, WFC SWKS ADBE VXRT,,, CAT CVS TMO F EBAY' PFPT LRCX ZM CSCO ETSY, AVGO PTON BMY GS NKE GM MARA GPS' PDD UNP W, X' GILD' CCL ATVI AAL TWLO LLY SPOT MCD CLX ABT RIOT, KO OKTA, MS TMUS UAL SBUX ABNB FUTU MELI LMT ENPH DISCA, HON ADI MTCH, NCLH PENN RTX JD MRO TGT NEE XLNX, KMI COP BKNG TJX CRWD VALE KLAC ASML MHK' AMT SNOW, DAL Z, TLRY, ISNS/// MDLZ NXPI ALXN ON, NET AXP BYND, MDT DOW AON FIS SPGI MPC TEAM, BILI, DOCU, COF ILMN GOLD' CHTR SCHW NUE' NEM ZS, NOC DHR MVIS,, MO LYFT ACN CB DDOG,, CVNA ALGN FSLR ANTM AHT// DUK NOK' AZN CTSH PM TTD, NUAN STX WDC ISRG INTU REGN WDAY M' VLO' SLB'
-Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,,