Investing Overview: July 2021
Updated: Aug 10, 2021
August 2 Monday - Summary:
Stocks SPY-0.2%, Bond TLT+0.9%, EEM+0.7%, SmC IWM-0.5%, SpecTc ARKK+1%
$1T infra bill nears passing. CSc (CN SEC) in talks with US, to not block CN US IPOs / listings. US eviction halt ended. XPEV+7% NIO+3% LI+1% on July EV sales.
GE 1:8 reverse split (regulators should require 10:1, to preserve prior price levels).
IPOs R9: GXO 100% float of $7B MktCap logistics spinofff from XPO-40%.
SPAC M&A: CCCS 15% of $7B insurTech merger into DGNR.
ROVR+6% Rover $1.3B dog walk app, merger into NEBC. (no SPACs.)
M&A R10: SQ Square buys $29B Afterpay (AU) high growth Buy-Now-Pay-Later. =>AFRM+15%. Klarna(SE) is #1 BNPL. PH Parker-Hannifin buys MGGT.L+56% $9B aero defense. CNP may buy KSU rail: CNI bid rejected by STB regulator.
Ratings: UA+3% Fresh Pick at Baird ahead of earnings. LEVI+4% new Buy at SF.
DB us BLMN+1%. Citi ups AB+2%. Barron’s likes (ATCX+26%) ASML= FSR-1% PFE+3%. Riley ups EHC+1%. JPM cuts TDS-10%.
Earnings Movers by sector/impact: Tech XLK-0.4%: SQ+10%. NXPI+1%. On+12%. Anet-1%. Zi+2%> +10%AH. Sedg-1%> +11%AH. tsem+5%. knbe+5%. vrns=. rmbs-1%. Commc'n Service XLC-0.3%: Ttwo=> -4%AH. From y'day: CHTR+4%. uxin-2%. Consumer Cyclical XLY+0.5%: Race-3%. colm+2%. reyn-2%. leg=. From y'day: Vfc+2%. Qsr2%. cpri+2%. blmn+1%. Industrials XLI-0.6%: GPN-11%. trex=> 3%AH. wwd=. tkr-6%. hayw-6%. From y'day: CAT-1%. ITW-1%. Cnhi-1%. gww-1%. mog-2%. b-1%. Healthcare XLV+0.2%: brkr=. From y'day: ABBV-1%. IDXX=. cern=. hrc=. Financials XLF=: HSBC. Itub+2%. From y'day: BBVA+1%. AON=. SMFG=. MFG=. Cboe+2%. Laz+3%. jhg-1%. pipr+4%. Materials XLB-1.2%: emn-1%. mos-4%. From y'day: LIN-2%. Lyb=. hun-2%. avnt-2%. Copper-1.2%, Lumber+2%, Alum+0.7%, Iron+1%, Gold-0.1%, Agri=. Energy XLE-0.7%: Pxd-2%. wmb=. fang=. From y'day: XOM=. CVX=. ENB-1%. Imo=. Cog+1%. Oil-2.9%. NatG+0.8%. Consumer Staples XLP-0.3%: frpt-2%. From y'day: PG=. CL=. nwl=. Property VNQ-0.2%: SPG=> +3%AH. Sbac=. o=. From y'day: Wy+1%. Utilities XLU+0.7%: Awk+1%.
World Stocks' Quarterly EARNINGS: July30Fri: R8 $1,800 MktCap (value):
SQ, HSBC. NXPI' GPN, SPG' ITUB' Pxd' Race. On, Anet' Ttwo' Zi' Sbac' Heia. Axa. Sedg' Awk' SaudTel. Hdb) Hsngy) clphy) sgioy) fang' clr' wmb' o emn l trex mos brkr cna ohi vno vrns wwd colm leg frpt reyn tkr hayw bwxt rare tgtx brx rmbs sanm uctt rig unvr nsp knbe amrc awr kmt tsem jeld bsm bvn argo hmn gpre ogs ottr krg arcb uis cvi dac adus viom alx csr sibn tcmd clar hlit mhvvf) bbse3 jscpy) g07) inrn. prio3 plow vbiv uan rada strl pne tcpc dzsi cswc dspg tti
-TIMING: )Asia .Eu :EuPM 'UsAM 'UsPM -RANK: by MktCap x %Adjustments
Mon turnover leaders: $250B~ value
TSLA Tesla Inc +3.33% AMD Adv Micro Devices +2.21% SQ Square +10.51% AMZN Amazon.com Inc +0.14% AAPL Apple Inc -0.28% MRNA Moderna Inc -1.94% FB Facebook Inc -1.25% NVDA Nvidia Corp +1.24% MSFT Microsoft Corp -0.07% BABA Alibaba Group Holding ADR +2.48% NIO Nio Inc ADR +2.26% GE General Electric Company -2.41% PYPL Paypal Holdings -1.69% GOOGL Alphabet Cl A +0.12% SHOP Shopify Inc +2.65% AMC Amc Entertainment Holdings Inc -4.59% ROKU Roku Inc -1.58% BA Boeing Company -0.46% GOOG Alphabet Cl C +0.58% V Visa Inc -2.59% BNTX Biontech Se ADR +3.55% BAC Bank of America Corp -1.04% PFE Pfizer Inc +2.55% QCOM Qualcomm Inc -0.81% PINS Pinterest Inc -2.87% JPM JP Morgan Chase & Company -0.40% GPN Global Payments Inc -11.18% AMAT Applied Materials +1.49% SAVA Cassava Sciences Inc +15.04% FIS Fidelity National Information Services -6.75% MU Micron Technology +1.06% XOM Exxon Mobil Corp +0.03% ZM Zoom Video Communications Cl A +0.19% C Citigroup Inc +0.19% WFC Wells Fargo & Company -0.33% MA Mastercard Inc -2.75% DIS Walt Disney Company -0.27% XPEV Xpeng Inc ADR +7.06% EVK Ever Glory Intl Group +115.93% UBER Uber Technologies Inc +0.09% T AT&T Inc +0.18% NFLX Netflix Inc -0.51% GS Goldman Sachs Group +0.89% F Ford Motor Company -0.36% CVX Chevron Corp -0.20% PG Procter & Gamble Company -0.24% MSTR Microstrategy Cl A +1.60% TGT Target Corp -1.49% SPGI S&P Global Inc +1.31% LRCX Lam Research Corp +0.69% FCX Freeport-Mcmoran Inc -3.83% ADBE Adobe Systems Inc -0.46% MS Morgan Stanley +0.27% FUTU Futu Holdings Ltd ADR +8.72% INTC Intel Corp -0.07% VZ Verizon Communications Inc -0.04% CAT Caterpillar Inc -0.72% ON On Semiconductor +12.11% BRK.B Berkshire Hathaway Cl B -0.08% LI Li Auto Inc ADR +0.87% CCL Carnival Corp -0.88% SNAP Snap Inc -1.40% CRM Salesforce.com Inc -0.43% TWTR Twitter Inc -0.87% Symbol Name %Chg All US Exchanges PVolmSimplVw Showing 1-100 of 200 Symbol Name %Chg BTBT Bit Digital Inc +16.67% GM General Motors Company +0.33% FISV Fiserv Inc -4.81% ABNB Airbnb Inc Cl A +1.02% NKE Nike Inc +0.74% FD X Fedex Corp -1.33% CLF Cleveland-Cliffs Inc -4.20% COF Capital One Financial Corp -1.02% AFRM Affirm Holdings Inc Cl A +14.81% ABB V Abbvie Inc -0.74% W Wayfair Inc +0.29% TSM Taiwan Semiconductor Manufacturing ADR +0.11% MRK Merck & Company -0.90% DLPN Dolphin Entertainment Inc +57.27% TWL O Twilio +1.57% UNH Unitedhealth Group Inc +0.81% NXPI Nxp Semiconductors +0.83% UPST Upstart Holdings Inc +10.96% CRWD Cr owdstrike Holdings Inc +0.11% JD Jd.com Inc ADR +0.86% PTON Peloton Interactive Inc +2.04% FTNT Fortinet Inc +4.59% AVGO Broadcom Ltd -0.12% HD Home Depot -0.30% DOCU Docusign Inc -1.01% VALE Vale S.A. ADR +0.62% TMO Thermo Fisher Scientific Inc -1.25% CMCSA Comcast Corp A -0.66% WMT Wal-Mart Stores -0.27% X United States Steel Corp -5.29% JNJ Johnson & Johnson -0.02% VRTX Vertex Pharmaceutic -1.63% PDD Pinduoduo Inc ADR -0.08% AAL American Airlines Gp -1.57% COIN Coinbase Global Inc Cl A -0.55%
July 30 Friday - Summary:
Stocks SPY+0.5%, Bond TLT-0.4%, EEM-0.9%, Sm IWM-0.7%, SpecTec ARKK-1.3%
Quiet monthend. Record $1T Fed Reverse Repo RRP excess cash mopup (13ET).
Personal Spending (PCE) +1.0% e0.7%. Personal Income +0.1% e-0.6%; +0.7% wages offset -2.0% benefit receipts (some state UI ended). PCE-PI +0.5% e0.7%; core-PCE PI, ex food & energy, +0.4% e0.6%. PCE PI +4.0% YoY; core +3.5%. Real disposable personal income -3.0% YoY. Q2 Employment Cost Index ECI +0.7% e0.9% (vs 6.4% PCE-PI in Q2 GDP Thurs). UoM Consumer Sentiment 81.2-4.3 e 81.0.
IPOs r5: DOLE-9% 27% float of $1.3B grocer. MXCT+30% MaxCyte 15% of $1.2B cell bio. (OMGA Omega-6% 17% of $0.8B mRNA. TNYA+2% Tenya 30% of $0.6B heart bio. RANI= 15% of $0.5B pill bio. RXST= RxSight 30% of $0.5B cataracts. IMRX+17% Immuneering 30% of $0.4B cancer bio. INAB= Inn8bio 20% of $0.2B cancer bio. DFLY Draganfly $0.15B safety UAVs. SPACs: RVAC XPAX LAXX.) TEAD Teads delayed $5B Eu adTech.
Spec: BTC+2% ETH+6% COIN= RIOT+3% GLXY+8% HOOD-1%; TSLA+1% SPCE-3% NIO+5% SQ-3%; AMC-3% GME-1% BB-4% BBBY-2% SOFI= CLNE= BYND-1%.
AMZN-7% misses: no longer has ecommerce monopoly, of lockdown.
PINS-18% also misses, as reopening reduces hobbyists' engagement.
Earnings Movers by sector/impact: Tech XLK-0.1%: From y'day: TEAM+22%. KLAC+9%. STM-1% NOK+1%. SKWKS-6%. FTNT-1%. Asx+1%. Zen-13%. Ftv+5%. Ctxs+2%. clvt-8%. pfpt= fslr=. mstr=. flex+3%. wex-4%. ai-3% dv-4%. nati+5%. algm+1%. powi+14%. mtsi+2%. rog-7%. exls+4%. spsc+9%. prft= simo+17%. cohu+3%. mtls+2%. dbd-3%. Commc'n Service XLC-0.3%: CHTR+4%. uxin-2%. From y'day: CMCSA+1%. TMUS=. TWLO-5%. PINS-18%. Lbtya+4%. dlb+1%. tigo=. wwe+3%. cco=. cnsl-2%. Consumer Cyclical XLY-2%: Vfc-5%. Qsr+5%. cpri+12%. blmn=. From y'day: AMZN-7%. HLT-2%. Yum+1%. Ip=. lkq-1%. mhk=. deck+1%. tpx=. atr-7%. txrh-7%. bc+3%. mdc+1%. tmhc-1%. vc-1%. ostk-4%. thrm-2%. vsto-2%. sah+2%. Industrials XLI-0.2%: CAT-3%. ITW-1%. Cnhi+1%. gww-4%. mog-5%. b-1%. From y'day: NOC+2%. CARR+5%. Rsg=. wab+2%. txt=. mas-2%. aos+1%. agco+1%. upwk-1%> -4%AH. nlsn-2% osk-2%. saia+8%. sndr+5%. prlb-8%. patk+4%. Healthcare XLV+0.1%: ABBV-2%. IDXX-4%. cern+2%. hrc+1%. From y'day: MRK=. AZN-1%. SNY=. GILD-2%. VRTX+1%. EW+1%. Dxcm+13%. Bax=. Mtd-3%. Wst+2%. Lh+1%. Sgen+4%. bio+5%. tfx=. nvcr-6%. ppd=. argx+3%. omcl+3%. ptct=. lgnd-5%. silk+13%. cry-2%. Financials XLF-0.8%: BBVA-1%. AON-1%. SMFG-1%. MFG=. Cboe-1%. Laz+3%. pipr-1%. From y'day: MA+1%. SPGI+3%. ICE=. CS-3%. Trow+1%. Tw=. lpla+3%. ajg+1%. jhg+6%. Ab+4%. Materials XLB+0.4%: LIN+3%. Lyb-1%. hun=. avnt=. From y'day: MT=. Mlm-1%. Cx-5%. X+4%. avtr+1%. trq+8%. rfp-2%. sxc-2%. Copper-1.1%, Lumber+1%, Alum+0.1%, Iron-4%, Gold+0.8%, Agri-2.5%. Energy XLE-1.6%: XOM-2%. CVX-1%. ENB-1%. Imo-2%. Cog+1%. From y'day: RDSA-1%. TTE-2%. Trp-1%. Vlo-1%. cve=. mmp=. swn-4%. cnx-1%. int+5%. btu=. slca-5%. Oil=. NatG-3%. Consumer Staples XLP+0.2%: PG+2%. CL-5%. nwl-9%. From y'day: BUD-3%. MO-1%. Abev-5%. Kdp+1%. Hsy=. tap-1%. aci=. twou-6%. Property VNQ+0.2%: Wy-3%. From y'day: AMT=. CBRE+15%. DLR+2%. Well-1%. rlgy-5%. kim=. sitc-1%. Utilities XLU-0.8%: From y'day: So-1%. eix-5%
World Stocks' Quarterly EARNINGS: July30Fri: R9 $3,000B MktCap (value): XOM CVX CAT PG ABBV CHTR LIN RMS. BNP. BBVA. SHL. ITW ENB IDXX CL AON SMFG) MFG) KDDIY) VCISY. HCMLY. NMR) Dnzoy) Hthiy) E. Lyb Jci Vfc Qsr Wy Cboe Bah Cnhi. Sbgsy. Ucg. Cabk. Kmtuy) Lgrdy. esloy. fms. sanan) deltE) tak) alpmy) dsnky) japay) engi. krz. sren. Imo tu es cern gww Cog Laz ioc) Amun. Icagy. SunPh) jmhly) gblb. 8tra. nexxy. sgre. mtuay. ebkdy. umicy. suzMa) nhmaf) nipnf) alnpy) rno. itrk. pson. imia. rohcy) shmuy) westSu) vtbr. rbi. ctec. fpe. apemy. amsyy. snc wpc nwl hrc cpri hun avnt bcpc scsk) usnzy adrzy. msloy) typf) dan mog blmn pipr tixt aroc b imgn axl wetf shlx por pnm abr uxin
-TIMING: )Asia .Eu :EuPM (none)UsAM -RANK: by MktCap x %Adjustments
Fri turnover leaders: $250B~ value.
AMZN Amazon.com Inc -7.56% TSLA Tesla Inc +1.45% AMD Adv Micro Devices +3.15% AAPL Apple Inc +0.15% MSFT Microsoft Corp -0.55% FB Facebook Inc -0.56% PINS Pinterest Inc -18.24% MRNA Moderna Inc +2.29% NVDA Nvidia Corp -0.85% GOOGL Alphabet Cl A -0.77% BABA Alibaba Group Holding ADR -1.19% PYPL Paypal Holdings -2.89% GOOG Alphabet Cl C -0.97% NIO Nio Inc ADR +4.83% BA Boeing Company -2.22% PG Procter & Gamble Company +1.97% TEAM Atlassian Cls A Ord +21.88% AMC AMC Entertainment Holdings Inc -2.91% SQ Square -3.14% BAC Bank of America Corp -0.83% SAVA Cassava Sciences Inc -32.60% ROKU Roku Inc -4.78% XOM Exxon Mobil Corp -2.31% SHOP Shopify Inc -1.64% JPM JP Morgan Chase & Company -0.80% V Visa Inc -0.62% HOOD Robinhood Markets Inc +0.95% SWKS Skyworks Solutions -6.14% CMCSA Comcast Corp A +1.24% BNTX Biontech Se ADR +5.04% NFLX Netflix Inc +0.63% QCOM Qualcomm Inc -0.70% CVX Chevron Corp -0.74% DXCM Dexcom +13.04% CAT Caterpillar Inc -2.73% C Citigroup Inc -1.73% AMAT Applied Materials +1.77% DIS Walt Disney Company -1.31% WFC Wells Fargo & Company -1.20% SNAP Snap Inc -0.67% ZM Zoom Video Communications Cl A -2.05% TWLO Twilio -4.75% PFE Pfizer Inc +0.05% T AT&T Inc -0.85% LRCX Lam Research Corp +2.85% ABBV Abbvie Inc -2.16% F Ford Motor Company -3.06% CHTR Charter Communicatio +4.24% BRK.B Berkshire Hathaway Cl B -0.53% MRK Merck & Company -0.08% MA Mastercard Inc -0.74% MU Micron Technology +0.61% AON AON Plc -1.42% COST Costco Wholesale +1.04% UBER Uber Technologies Inc -2.75% ZEN Zendesk Inc -13.28% KLAC K L A-Tencor Corp +8.97% LI Li Auto Inc ADR +8.64% AHPI Allied Healthcare +38.89% XPEV Xpeng Inc ADR +6.38% VALE Vale S.A. ADR -8.09% ETSY Etsy Inc -7.77% NOW Servicenow Inc +0.25% FUTU Futu Holdings Ltd ADR -2.31% EBAY Ebay Inc -7.08% MS Morgan Stanley -0.31% CCL Carnival Corp -4.67%
TSLA Tesla +3.27% AMD Adv Micro +2.30% SQ Square +10.16% AMZN Amazon +0.12% AAPL Apple -0.23% MRNA Moderna -1.98% FB Facebook -1.22% MSFT Microsoft -0.03% NVDA Nvidia +1.29% BABA Alibaba +2.51% NIO Nio +2.62% GOOGL Alphabet Cl A +0.10% PYPL Paypal -1.65% GE -2.90% V Visa 2.68% SHOP Shopify +2.58% AMC Inc -4.92% ROKU -1.62% BA Boeing -0.50% BAC BoA -1.04% PFE Pfizer +2.69% BNTX Biontech +3.61% QCOM Qualcomm -0.63% JPM -0.40% GPN Global Payments -11.18% AMAT Applied Materials +1.49% PINS Pinterest -3.02% MA Mastercard -2.77% FIS Fidelity Natnl Info -6.66% XOM Exxon +0.02% ZM Zoom Video +0.23% MU Micron +0.08% UBER Uber +0.07% C Citigroup +0.16% WFC Wells Fargo -0.33% NFLX Netflix -0.47% SAVA Cassava +15.03% ABBV Abbvie -0.73% DIS Disney -0.27% PG Procter & G -0.25% INTC Intel Corp -0.07% WMT Wal-Mart -0.23% NKE Nike +0.74% T AT&T +0.21% ADBE Adobe -0.46% CVX Chevron Corp -0.18% MS Morgan Stanley +0.26% XPEV Xpeng +7.06% GS Goldman Sachs +0.88% LRCX Lam Rsch +0.69% SPGI S&P Global +1.29% EVK Ever Glory +124.78% CRM Salesforce -0.44% TWTR Twitter -0.89% TGT Target -1.46% CAT Caterpillar -0.77% FISV Fiserv -4.66% XLNX Xilinx -0.57% FCX Freeport-Mc -3.88% MSTR Microstrategy +1.88% ON On Semi +11.73% NXPI Nxp Semiconductors +1.25% Taiwan SeDLPN Dolphin Entertainment+55.87% CLF Cleveland-Cliffs Inc -4.24% BTBT Bit Digital +15.56% UPST Upstart Holdings Inc +10.48% Twilio +1.60% AFRM Affirm +14.90% FTNT Fortinet +4.55% LIN Linde Plc -2.33% X United States Steel Corp -5.32% PTON Peloton Interactive Inc +2.24% VRTX Vertex Pharmaceutic -1.62% AAL American Airlines Gp -1.57% GNRC Generac -4.62% XPO Xpo Logistics -39.47% ETSY Etsy Inc +2.93% NVAX Novavax Inc +1.89% SPCE Virgin Galactic +6.27% ENPH Enphase -3.42% CMG Chipotle Mexican Grill +0.05% DOCN Digitalocean +10.00% WISH Contextlogic Inc +4.73%
July 29 Thursday - Summary:
Stocks SPY+0.4%, Bond TLT-0.6%, EEM+0.5%, Sm IWM+0.8%, SpecTc ARKK+0.2%
Quiet $62B 7-year T-note auction. Weak HOOD listing dragged techs lower.
Advance Q2 GDP +6.5% (e8.5%); Deflator +6.0% (e5.4%, prior 4.3%). Weekly jobless -24k to 400k (e -50k): Jobs recover slowly. Pending Home Sales -1.9% (e+0.8%).
$1T bipartisan infra bill passed a procedural Senate vote (all passes, or else fails).
IPOs R13! HOOD-8% Robinhood 7% float of $30B MktCap. (New Meme Stock: Gameified free eTrading, tiny account balances. High regulatory / substitution risks: user revolt against Payment For Order Flow, and RH's blocking buying of meme stocks at their peaks in January, when volatility & concentration risk exploded margins higher at RH's Liquidity Providers.) RSKD+24% Riskified 12% of $3B eCom. COOK+22% 20% of Traeger $3B BBQs. ICVX+130% Icosavax $1.3B virus-like particle vax bio. (NUVL+10% Nuvalent 12% of $0.8B cancer bio. RLYB+8% Rallybio 20% of $0.4B rare diseases.) 2 SPACs: SWAG IMAQ.
Uplists: FTRP $0.4B weed, from TSX. KAVL $0.2B vapes, from OTC.
SPAC M&A: DOMA Doma 20% of $3B prop-insur merger into CAP.
BZ: BRIT3 Brisanet $2B~ fiber wifi.
BTRY Clarios postponed $10B EV IPO, backed by Brookfield BAM.
Ratings: TSLA+5% on double upgrade by DZ Bank, from Sell to Buy. GS ups LTCH+4% SaaS. UBS ups SYY-2% PFGC+1% USFD=. Needham ups EXTR+8%. Davidson ups IDN+5%.
News: NKLA-15% founder Trevor Milton charged with falsely pumping the stock.
VZIO-5% launches new free channels, stops ROKU tieup.
Capital: Secondary stock offer priced: CFX+3% $0.3B. TDUP+6% $0.1B. ARCC-3% $0.2B. Mixed securities filing: FISV=. BC+4%.
Events: Alzheimer’s Association Intern'l Conf'c Jul26-30. Green Energy and Precious Metals Investor Conf'c Jul27-29. Gamma Delta T Cell Summit Jul27-29.
Spec: BTC-3% ETH-1% COIN-2% RIOT-3% GLXY-1% SI-2%; TSLA+4% SPCE-1% NIO+2% SQ-1%; AMC-2% GME-3% BB-4% BBBY-1% SOFI= CLNE-2% BYND-1%.
Earnings Movers by sector/impact: Tech XLK+0.5%: TEAM-1%> +13%AH. KLAC+1%> +2%AH. STM+6% NOK+4%. SKWKS+2%> -5%AH. FTNT+1%> 2%AH. Asx+6%. Zen=> -8%AH. Ftv=. Ctxs-13%. clvt-8%. pfpt= fslr=. mstr-4%. flex+3%. wex-4%. ai-2% dv+3%. nati=. algm+7%. powi+3%. mtsi=. rog+1%. exls+1%. spsc+1%. prft+9% simo+4%. cohu-8%. mtls+3%. dbd-7%. From y'day: SHOP-1%. QCOM+6%. NOW+1%. LRCX-2%. XLNX+6%. CTSH+6%. TEL+3%. UMC+8%. APH+2%. Grmn+1%. Ssnc+5%. tyl-1%. dt+2%. tdy-2%. gib=. ptc-8%. pega-7%. mksi3%. lfus+3%. eeft+4%. slab+1%. nova+3%. crus-3%. mxl+12%. form-1%. irbt-2%. rdwr=. extr+8%. pi+3%. gsky+7%. Commc'n Service XLC-1.1%: CMCSA=,=. TMUS=> -3%AH. TWLO=> -2%AH. PINS-2%> -19%AH. Lbtya-2%. dlb=. tigo-5%. wwe-2%. cco+12%. cnsl-11%. From y'day: FB-4%. SPOT+1%. viv=. atus-8%. cmpr-11%. Consumer Cyclical XLY+1%: AMZN-1%> -7%AH. HLT+4%. Yum+6%. Ip-1%. lkq+3%. mhk+3%> +3%AH. deck=. tpx+15%. atr+1%> -4%AH. txrh=> -5%AH. bc+4%. mdc+3%. tmhc+3%. vc+3%. ostk-3%. thrm+13%. vsto+5%. sah+6%. From y'day: MCD+1%. F+4%. ORLY-2%. Yumc=. rol+3%. fhbs=. sci+6%. pag+7%. Industrials XLI+0.7%: NOC+2%. CARR+5%. Rsg=. wab+2%. txt=. mas-2%. aos+1%. agco+1%. upwk-1%> -4%AH. nlsn-2% osk-2%. saia+8%. sndr+5%. prlb-8%. patk+4%. From y'day: BA=. GD+1%. ADP+1%. NSC=. Odfl+3%=. Gnrc-3%. Uri-2%. Ir+2%. avy=. xpo+2%. oc+2%. ttek-1%. rbc+8%. asgn+4%. r+5%. forr+8%. Healthcare XLV+0.2%: MRK-2%. AZN+1%. SNY-1%. GILD=> -2%AH. VRTX-1%. EW+1%> +2%AH. Dxcm-1%> +3%AH. Bax-5%. Mtd+2%> -3%AH. Wst+5%. Lh+4%. Sgen=. bio=. tfx-1%. nvcr=. ppd=. argx-4%. omcl-4%. ptct-3%. lgnd-4%. silk-3%. cry+3%. From y'day: PFE-2%. TMO+1%. BMY-1%. GSK+2%. HUM-2%. Algn+9%. Exas-4%. Holx+2%. Tlry-4%. moh-2%. bmrn=. teva-3%. hcm-2%. inov+3%. ensg-4%. livn+3%. inmd+5%. alks-1%. myov+5%. cyh-6%. Financials XLF+1.1%: MA+1%. SPGI+3%. ICE=. CS-3%. Trow+1%. Tw=. lpla+3%. ajg+1%. jhg+6%. Ab+4%. From y'day: PYPL-6%. CME+1%. MCO=. BARC+3%. DB+3%. Cg+7%. afl+3%. morn+3%. rjf+1%. sf+1%. amg+2%. evr+2%. gshd-8%. lc+47% shock profit, growth. Materials XLB+1%: MT+2%. Mlm=. Cx+2%. avtr=> +3%AH. X+4%. trq+2%. rfp+6%. sxc+16%. From y'day: RIO+2%. Aem+5%. kl+7%. kgc+4%. icl+2%. wfg+3%. exp+2%. ngvt+5%. cstm=. kra+4%. gss+25%. Copper+1.8%, Lumber=, Alum+2.7%, Iron-4%, Gold+1.1%, Agri-0.4%. Energy XLE+1%: RDSA+4%. TTE+2%. Trp=. Vlo=. cve+3%. mmp=. swn-3%> -3%AH. cnx-5%. int=. btu+9%. slca+7%. From y'day: EQNR=. Epd-2%. Su-3%. Hes=. Eqt-10%. ar-1%. hesm+3%. ccj+2%. chx+6%. clb-5%. Oil+1.8%. NatG+2.4%. Consumer Staples XLP+0.5%: BUD-5%. MO+2%.Abev=. Kdp-1%. Hsy+1%. tap=. aci+4%. twou=. From y'day: fmx+2%. bg+1%. stra+3%. chef-2%. Property VNQ-0.2%: AMT-1%. CBRE+5%. DLR-2%. Well=. kim+2%. sitc+4%. From y'day: Eqix-6%. invh=. avb+1%. maa+3%. dre=. udr+1%. nly+2%. cone-4%. Utilities XLU+0.3%: So+1%. eix+1%
World Stocks' Quarterly EARNINGS: July29Thur: R11 $8,000B MktCap (value)
AMZN!' SMSN) MA, CMCSA, TMUS' RDSA. SPGI, ICE, TWLO' TEAM' NOC, KLAC' PINS' NESN. LRLCY: VOW3. EADSY. MRK, AZN, SNY, GILD' STM. TTE. DEO. VRTX' FTNT' AMT, BUD, MO, EW' DXCM' DLR' SO, NGLY. LYG. MT. CS. NOK. ORAN. KYCCF) CARR, BAX, HLT, SWKS' CBRE, TW, AIQUY. BAESY. FANUY) PCRFY) LGLG) FJTSY) Mraay) Dsdvy. Enel: Danoy. Edf. Hocpy) Tef. Sgro. Rlxxf. Hsy, Yum, Xel, Kdp, Trp, Abev, Well' Rsg' Mtd' Sgen' Ftv' Wst, Ip, Vlo, Lh, Bio' Mlm, Asx, Zen' Ctxs, Cx Ajg' Avtr' Nvcr, Ares, Txt, Mas, Sdr. Enx. Accyy. pumsy. prada. rep. vie. argx tfx fslr nlsn pfpt qgen lpla pcg hban eix ess cve ppd wab lkq lbtya mhk clvt deck aos dlb agco wex osk Mstr' Ai, cube flex X' Jhg, kbr bc upwk eme tpx cfx cms cpt mpw glpi tap mmp aci txrh atr kim erie airc cacc aer cfr omcl Ab, dv cc aer nati powi mtsi saia fcn expo cor cuz ppc bpmc ads laws pac algm tigo ostk mdc ebc swn spsc exls wwe tex twou rog sndr mmsi fhi tmhc trq cx erj kex ihgv da auy kmpr wri knsl cwst itc ebc ofc sitc tree itgr agio coop cwt wern gpi vc prg peb ptct prft ax matx www pjt shen opk mtx vcyt sbh cort rlgy simo nttct fss cort frwd prlb hubg thrm sm vsto eva colb town skyw sah pack lgnd wre int sncy bsig patk crs rily ego cohu esta gva hni cbz codi pten mgnx silk ehth vcra trs poly gff gol cmco mtls pgf lmat wfrd btu ecol cco trvg dbd cry drq
-TIMING: )Asia .Eu :EuPM ,UsAM ‘UsPM -RANK: by MktCap x %Adjustments
Thur turnover leaders: $250B~ value.
TSLA Tesla +4.69% AMZN Amazon-0.84% AMD Adv Micro +5.13% FB Facebook -4.01% AAPL Apple +0.46% MSFT Microsoft +0.10% PYPL Paypal -6.23% BABA Alibaba +0.78% GOOGL -0.23% NVDA Nvidia +0.82% HOOD Robinhood -8% MRNA Moderna -1.05% QCOM Qualcomm +6.00% SHOP Shopify -0.85% ZM Zoom Video +4.47% UBER -3.14% AMC -1.98% SAVA Cassava Sci -23.61% BA Boeing +0.03% NIO +1.86% PINS Pinterest -6.01% V Visa +0.40% LRCX Lam Res -2.42% ROKU Roku Inc -4.00% BAC BoA +1.44% F Ford +3.82% C Citigroup +1.04% NOW Servicenow Inc +0.53% MA Mastercard +1.40% JPM +0.86% BNTX Biontech -0.27% CLF Cleveland-Cliffs +5.52% PFE Pfizer -1.52% AON +0.56% JD +2.35% SQ Square -1.29% SNAP Snap -1.63% CMCSA Comcast +0.22% WFC Wells Fargo +2.18% MU Micron +2.03% DIS Walt Disney -0.42% XOM Exxon +1.22% ALGN Align +8.86% PDD Pinduoduo +0.23% LC Lendingclub +47.82% BRK.B Berkshire +0.60% CTXS Citrix -13.57% ATVI Activision -1.47% INTC Intel +1.19% T AT&T +1.00% MRK Merck -1.79% CVX Chevron +1.37% NFLX Netflix -0.97% BIDU Baidu +0.17% FCX Freeport +4.88% GM 3.23% MS Morgan Stanley +0.22% FUTU -5.37% SPGI S&P Global 2.91% TLRY Tilray -3.69% NVCR Novocure -9.85% LVS Las Vegas Sands -3.41% EQIX Equinix 5.97% X United States Steel +3.75% GNRC Generac -2.72% HUM Humana -2.28% FIVN Five9 +4.26% COIN Coinbase -2.47% BAX Baxter -5.53% CTSH Cognizant +5.92% XLNX Xilinx +6.29% AOV Nanovibronix Inc +26.18% ATUS Altice USA Inc Cl A -8.36% W Wayfair Inc -4.54% BILI Bilibili Inc ADR -3.44% ALB Albemarle Corp +4.26% TDOC Teladoc Health Inc +2.78% HLT Hilton Inc +3.84% TAL Tal Education Group ADR -8.28% PTON Peloton Interactive Inc -3.13% NTEC Intec Parent Inc +48.09% ICLR Icon Plc +4.48% NVAX Novavax Inc -2.65% NUE Nucor Corp +4.07% NOK Nokia Corp ADR +4.13% LULU Lululemon Athletica +2.49% DASH Doordash Inc Cl A -4.70% EXAS Exact Sciences Cor -3.58% GME Gamestop Corp -2.52% INFO IHS Markit Ltd +2.68% YUM Yum! Brands +6.28% MSTR Microstrategy Cl A -3.35% NKLA Nikola Corp -15.22% LH Laboratory Corp of America Holdings +4.05% NXPI Nxp Semiconductors +2.87% CARR Carrier Global +4.60%
July 28 Wednesday - Summary:
Stocks SPY+0.2%, Bond TLT-0.3%, EEM+2.7%, Sm IWM+1.5%, SpecTec ARKK+2.3%
Fed FOMC: Taper likely Jan 2021: a way away from substantial progress on goals (restore jobs, with price stability). Powell's Average Inflation Targeting, wants CPI sustainably hot >2%, before QE taper [deflation is Fed's bigger long term worry]. Soft $62B 7-yr T-note auction. 5yr cracked on Q&A, then bounced, to end up. CN bounce FXI+6% on fiscal support talk. Adds to S&P400 MDY midcaps: GME! VSCO GXO. Adds to S&P600 ~IWM smallcap: STRA+8% INT+8% LKFN+10%.
IPOs R9: DUOL+36% DuoLinguo 12% of $5B MktCap e-courses. PWSC= PowerSchool 25% of $3B US K12 educ'n SaaS. MLNK-5% Meridianlink 15% of $2B fin-SaaS cloud. SNPO-8% SnapOn 20% of $1B IoT smart homes. (SBET $0.1B SharpLink $0.5B merged into MTSL. SPACs: APTM DALS MEAC BGSA) BZ: ARML3 $1B~logistics. TRAD3 $1B~eTrading. HOOD Robinhood $30B Thur.
M&A r6: AVY+2% Avery Dennison labels to buy Vestcom for $1.5B. CFG-2% Citizens Financial to buy ISBC+11% Investors Bancorp for $3.5B. API+16% to buy Chubb Fire & Security from Carrier Global CARR-1% for $3B.
Capital filings r4: Mixed securities: SHOP-1% $10B MMC-1%. Stocks: NEP+2% INVZ=. GS offers Softbank's $2B block UBER-4%AH before earnings Aug 4.
Spec: BTC+7% ETH+4% COIN+3% RIOT+4% GLXY+4% SI+3%; TSLA= SPCE+3% NIO+6% SQ+3%; AMC+2% GME-5% BB+1% BBBY= SOFI+3% CLNE+4% BYND+2%.
World Stocks' Quarterly EARNINGS: July28Wed: R11 $8,000B MktCap (value)
FB' PYPL' SHOP, QCOM' BA, NOW' LRCX' PFE, TMO, CME, MCD, RIO. BMY, F' GD, MCO, GSK. SPOT, XLNX' CTSH' VALE' BARC. DB. SAN. BAS. CAP. UMC) EQNR. APD, HUM, NSC, ORLY' APH, Odfl, Uri' Tel, Hes, Epd, Eqix' Invh' Algn' Afl' Su' Ir' Yumc' Ssnc' Rjf' Exas' Bats. Viv. Bsbr Nvtk. Nsany) Caj) LgEl) m3) Cg' Dt, Tyl' Tdy' Ptc' Tlry, gib avb' hig' maa' avy tdy pega' holx' ir' xpo dre cinf vici acgl udr aem kl moh bmrn viv fbhs nly rol bg morn oc ccj sf ttex pag vrt mksi eeft kgc atus icl cinf vici teva sci acgl udr nly bsmx sc gfl re cp hesm chdn wfg slab arcc cone vac wh amg lfus evr eqt rbc exp asgn esi inov drvn wing rrr iart hcm msa crus am ensg tnl chx ar slgn alsn livn inmd alks nova cnmd musa r six shoo mth algt neu nuva hp ngvt mxl agi save cmpr trox form whd cstm fix scl meoh irbt vrts cde stra mmro lnth kn myov mho lc clb ldl cash myrg ttmi rdwt oii faro extr kra mcri chef vnda cown gsky pi res inva ghg bhe forr uslm wnc
-TIMING: )Asia .Eu :EuPM ,UsAM ‘UsPM -RANK: by MktCap x %Adjustments
Earnings Movers by sector/impact: Tech XLK-0.1%: SHOP-1%. QCOM+1% >+3%AH. NOW= >+1%AH. LRCX+2% >-3%AH. XLNX+6% >=. CTSH+1% >+6%AH. TEL+3%. UMC+3%. APH+1%. Grmn+3%. Ssnc=. tyl+1%. dt=. tdy+3%. gib=. ptc+1%. pega+2%. mksi+2%. lfus+6%. eeft+1%. slab+3%. nova+5%. crus+1%. mxl+4%. form+4%. irbt-1%. rdwr+5%. extr+6%. pi+4%. From y'day: AAPL-1%. MSFT=. AMD+8%. FISV-1%. GLW+1%. MXIM+1%. ENPH+5%. Ter-1%. Mpwr+6%. Entg+3%. Nlok-1%. Jnpr-2%. st+3%. xrx2%. tenb+1%. cvlt+1%. agys+3%. aten+12%. Commc'n Service XLC+0.5%: FB+1.5% >-4%AH. SPOT-6%. viv+3%. atus-1%. From y'day: GOOG-2%. Siri-3%. sstk+3%. imax-2%. Consumer Cyclical XLY-0.3%: MCD-2%. F+0.5%. ORLY-1%. Yumc+2%. rol-1%. fhbs-1%. sci+1%. pag=. From y'day: SBUX-3%. PHM-1%. QS+13%. pii-2%. mat+5%. mlco+10%. byd+3%. gpk+1%. cake-3%. msc+4%. Industrials XLI-0.2%: BA+4% Boeing shock profit. GD+1%. ADP=. NSC-2%. Odfl=. Gnrc-2%. Uri= >-3%AH. Ir-2%. avy+2%. xpo-1%. oc+2%. ttek+2%. From y'day: UPS-2%. RTX-1%. GE=. MMM-1%. ROK+2%. SWK-3%. PCAR-2%. Wm-1%. Tru=. Iex-3%. Chrw-3%. pnr-1%. hubb=. leco+1%. jblu+2%. awi+1%. jbt+2%. fele-1%. trtn+2%. wire+11%. aan-5%. Healthcare XLV+0.3%: PFE+3%. TMO=. BMY+2%. GSK=. HUM-6%. Algn-1% >+2%AH. Exas+4% >-7%AH. Holx=. Tlry+26%. moh=. bmrn=. teva+12%. hcm+12%. livn+5%. alks+7%. From y'day: SYK=. BSX=. IQV+1%. CNC-1%. TDOC+1%. Masi-1%. Rgen+4%. ehc=. che-5% neo+3%. Financials XLF-0.1%: PYPL+0.5% >-5%AH. CME+1%. MCO-1%. BARC+2%. DB=. Cg= >+3%AH. afl=. morn=. rjf+1%. sf+2%. amg-7%. evr-1%. From y'day: V-2%. CB+2%. MSCI+1%. PFG=. IVZ=. Materials XLB+0.3%: RIO+5%. Aem+1% >+3%AH. kl+1%. kgc+2%. icl+2%. wfg-1% >+3%AH. exp+5%. cstm+6%. From y'day: SHW=. ECL-1%. TECK+4%. oln+4%. ash-2%. Copper+2.5%, Lumber+4%, Iron+1%, Gold+0.5%, Agri+2%. Energy XLE+0.9%: EQNR=. Epd-2%. Su+1% >+2%AH. Hes+5%. Eqt+2% >-2%AH. ar-1%> -7%AH. hesm+9%. ccj+4%. clb+4%. From y'day: ovv-4%. nov-2%. mtdr5%. lbrt-5%. Oil+0.2%. NatG+0.8%. Consumer Staples XLP-0.8%: fmx+5%. bg+4%. stra+8%. chef+12%. From y'day: MDLZ-3%. ADM=. lw+2%. Property VNQ-0.3%: Eqix-1%. invh=. avb=. maa=. dre=. udr=. nly-1%. From y'day: CSGP-2%. Eqr-1%. Exr=. Bxp+1%. Utilities XLU-0.7%: From y'day: Dte-1%.
Wed turnover leaders: $300B~ value.
AAPL Apple -1.22% AMD Adv Micro +7.58% GOOGL Alphabet +3.18% AMZN Amazon +0.11% FB Facebook +1.49% TSLA Tesla +0.34% MSFT Microsoft -0.11% BABA Alibaba +5.34% MRNA Moderna +6.34% BA Boeing +4.18% NVDA Nvidia +1.54% SHOP Shopify -1.10% AMC AMC Entertnmt +2.34% NIO Nio +6.30% PYPL Paypal +0.50% JD Jd.com +8.51% PFE Pfizer +3.21% V Visa -1.59% ROKU Roku +1.95% PDD Pinduoduo +15.54% TLRY Tilray +25.77% TDOC Teladoc +0.53% AON AON +1.04% SPOT Spotify -5.74% TWTR Twitter +2.39% BAC BoA +0.39% SNAP Snap +2.96% BNTX Biontech +10.37% INTC Intel -0.21% JPM JP Morgan +0.17% C Citigroup +0.18% FUTU +12.24% SBUX Starbucks -2.87% MA Mastercard-1.75% AXP AmEx-1.69% QCOM Qualcomm +1.07% GNRC Generac -1.80% NFLX Netflix +0.08% SQ Square +2.73% UPS -1.61% MCD McDonald's -1.86% BIDU Baidu +5.67% PG Procter & G -1.48% ATVI Activision +0.92% BTBT Bit Digital +35.82% MU Micron +1.79% HUM Humana -5.71% DIS Disney -0.22% WFC Wells Fargo +0.82% CSCO Cisco -0.92% WLTW Willis Towers -2.14% UNH Unitedhealth -1.43% BRK.B Berkshire -0.95% XOM Exxon +0.67% MS Morgan Stanley -0.42% JNJ Johnson & J -0.28% TMO Thermo Fisher -0.38% TAL Tal Education +16.15% CRM Salesforce +0.18% BILI Bilibili +11.88% F Ford +0.51% GE +0.38% T AT&T -0.67% ADBE Adobe +0.43% NTES Netease +13.38% CVX Chevron +0.57% MRK Merck +0.62% VZ Verizon -0.85% TSM Taiwan Semi +1.35% UBER Uber +0.70% SAVA Cassava +6.12% HD Home Depot -0.53% CMCSA Comcast -0.99% FDX Fedex -0.28% LRCX Lam Research +1.99% CLF Cleveland-Cliffs +5.84% BMY Bristol-Myers +1.84% XPEV Xpeng +7.61% TGT Target -0.36% NOW Servicenow +0.18% MSTR Microstrategy +2.54% EDU New Oriental Educ +7.76% GME Gamestop -5.28% CAT Caterpillar +0.73% ZM Zoom Video +0.53% NKE Nike +0.54% BKNG Booking -0.88% ABBV Abbvie +0.50% AMAT Applied Materials +1.71% WMT Wal-Mart -0.41% ENPH Enphase +4.95% LI Li Auto +15.71% ABNB Airbnb +1.21% DHR Danaher +0.78% GS Goldman Sachs -0.16% CCL Carnival +0.09% SPGI S&P Global -0.29% AZN Astrazeneca -1.13% ACN Accenture -1.12% CSGP Costar -2.33% ADI Analog Devices +0.89% MELI Mercadolibre +3.61% MDLZ Mondelez -2.81% LVS Las Vegas Sands +2.04% GM +0.89% PINS Pinterest +3.18% PLTR Palantir +4.06% MDT Medtronic +0.23% TTD Trade Desk +3.48% COST Costco Wholesale -0.50% ORCL Oracle -0.71% KO Coca-Cola -0.91% TXN Texas Instru +0.93% VALE Vale +3.47% PEP Pepsico Inc -0.92% FCX Freeport-Mc +0.91% ASML +1.91% HRC Hill-Rom +7.16% UNP Union Pac -0.67% SYK Stryker +0.12% NVAX Novavax +5.59% COIN Coinbase +2.84% GILD Gilead Sci +1.64% CRWD Crowdstrike +2.23% UAL United Air +1.01% CMI Cummins -0.76% DKNG Draftkings +3.85% CMG Chipotle -1.03% U Unity Software +7.91% RTX Raytheon -1.16% DISCA Discovery +1.94% XLNX Xilinx +5.76% SNOW Snowflake +2.54% X United States Steel +2.98% FISV Fiserv -0.67% CFG Citizens Financial -2.30% TEVA Teva Pharm +12.00% PLUG Plug Power +4.82% TEL Te Connectivity +3.11% QS Quantumscape +13.03% BEKE Ke +10.51% INFI Infinity Pharm +61.18% ICLR Icon Plc +2.95% SPCE Virgin Galactic +3.11% DASH Doordash +3.81% RBLX Roblox +3.86% NSC Norfolk Southern Corp -2.29% FLGC Flora Growth +63.12% TCOM Trip.com +7.70% ZLAB Zai Lab +22.96% HTHT Huazhu +12.79% GDS +15.84% SPRT Support.com +29.62%
July 27 Tuesday - Summary:
Stocks SPY-0.5%, Bond TLT+1%, EEM-2%, SmC IWM-1.3%, SpecTec ARKK-2.5%.
CDC advised indoor masks, worrying investors about future Delta variant risks.
CB Consumer Confidence 129.1 (e 124.5; revised 128.9+1.6): big buying planned.
Durable Goods missed: +0.8% (Expected 2.1%. Prior 2.3%, Revised to 3.2%).
Solid $61B 5-year Treasury note auction. CN meltdown continues FXI-3%.
INTC-2% strategy roadmap underwhelms (TSM dominates bulk chips).
3 largest tech earnings After Hours today: muted, and partly offset eacother.
Capital r3: Stock offers filed: IRT-9%. TDUP-9%.
M&A r1: CC-1% Chemours sells Mining Solutions $0.5B to Draslovka.
BHP to buy NOT.v metals, for $0.3B. PFPT approved Thoma Bravo $10B.
IPOs r2: (CADL Candel $0.2B cancer bio. SPACs: ALPA WRAC ROCG
BZ: FIQE3.SA Unifique Teleco $0.5~. AU: AQN minTech $0.1B.)
Ratings: DB ups ASTR. BoA ups PRLD WY. JEF ups UP. CS cuts PBF.
RJF ups AAP AR. Riley ups CENX. Cannacord ups CLVR. Daiwa cuts DAO.
Spec: BTC-2% ETH-6% DOGE-9% COIN-4% RIOT-7% GLXY-4% SI-6%; AMC-6% SQ-4% GME-3% BB-2% BBBY-3% SOFI-4% CLNE-4% NIO-9% SPCE-1% BYND-2%.
Earnings Movers by sector/impact: Tech XLK-1%: AAPL-1%> -2%AH. MSFT-1%> =. AMD-1%> +1%AH. FISV+3%. GLW-1%. MXIM-2%. ENPH-2% >-3%. Ter-3% >-4%AH. Mpwr-1%. Entg-2%. Nlok-1%. Jnpr= >-6%AH. st-2%. xrx+5%. tenb-2% >+7%AH. cvlt-9%. From y'day: CDNS-1%. Chkp+2%. Logi-10%. Ffiv+6%. amkr+52%. calx-7%. cls+15%. Commc'n Service XLC-1%: GOOG-2%> +1%AH. Siri+5%. sstk-6%. imax-3%. Consumer Cyclical XLY-1%: SBUX= >-3%AH. PHM=. QS-5%. pii-6%. mat-1% >+5%AH. mlco-4%. byd-1% >+4%AH. gpk+7%. cake-14%. From y'day: TSLA-2%. Has-2%. pkg+3%. dorm-1%. ain+5%. Industrials XLI-0.5%: UPS-7%. RTX+3%. GE+1%. MMM-1%. ROK-1%. SWK-2%. PCAR-3%. Wm=. Tru+1%. Iex=. Chrw-1%. pnr+5%. hubb+1%. leco-1%. jblu-7%. awi+1%. jbt-2%. fele-2%. trtn-2%. wire+1% >19%AH. aan+9%. From y'day: LMT+2%. Otis-1%. Lii+1%. tfii+7%. hxl-2%. tnet+8%. cr+4%. ssd-2%. tbi+3%. Healthcare XLV+0.5%: SYK+2%. BSX+4%. IQV-2%. CNC-3%. TDOC+1% >-8%AH. Masi+1% >-5%AH. Rgen+10%. ehc+1%. che= neo-3%. From y'day: Phg-1%. Pki-1%. uhs+3%. medp6%. qure+5%. atip-19%. Consumer Staples XLP=: MDLZ+1% >-2%AH. ADM+1%. lw-13%. From y'day: jjsf-4%. Financials XLF=: V= >-1%AH. CB+1%. MSCI+1%. PFG= >+6%AH. IVZ-3%. From y'day: Amp-1%. ix=. bro=. boh+1%. Materials XLB+0.1%: SHW+1%. ECL+1%. TECK-1%. oln=. ash-2%. From y'day: Vedl-6%. rpm-3%. axta+3%. Copper-0.5%, Lumber-6% limit, Iron-2%, Gold+1.5%, Agri-0.5%. Energy XLE-1%: ovv-4%. nov-1%. mtdr-4%. lbrt-2%. From y'day: rrc-7%. arlp=. Oil-0.4%. Property VNQ+0.6%: CSGP= >-6%AH. Eqr=. Exr+1%. Bxp+1%. From y'day: are+2%. sui+2%. agnc=. acc+2%. Utilities XLU+1.5%: Dte+2%.
World Stocks' Quarterly EARNINGS: July27Tue: R12! $12,000B MktCap (value)
AAPL!' MSFT!' GOOG!' V' AMD' UPS, SBUX' RTX, GE, MMM, KER. HYNIX) DSY. MDLZ' SYK' CB' SHW, FISV, MSCI, DB1. HEXA. NESTE. ECL, BSX, CNC, IQV, CSGP' ROK, GLW, ADM, PCAR, MXIM, ENPH' TDOC' SWK, Wm, Siri' Eqr' Exr' Ter' Mpwr' Iex' Bxp' Tru PFG' PHM, Nlok' Entg, QS' Dte, TECK, IVZ, Lisn. Asm. Fer. Chrw' Masi' Rgen, Jnpr' manh st crda. kio. pnr pii lw hubb leco ehc fsv mat ovv oln mlco byd nov jblu ash awi tenb xrx jbt sstk axs gpk mtdr abg cvlt trtn mmyt cake lbrt usna msc wire agys cts imax aan audc arch aten
-TIMING: )Asia .Eu :EuPM ,UsAM ‘UsPM -RANK: by MktCap x %Adjustments
Tues turnover leaders: $250B~ value.
TSLA Tesla -1.95% AMZN Amazon -1.98% AAPL Apple Inc -1.49% BABA Alibaba -2.97% MSFT Microsoft -0.87% GOOGL Alphabet-1.59% AMD Adv Micro -0.86% MRNA Moderna -2.19% FB Facebook -1.25% ROKU Roku -4.20% NVDA Nvidia -0.45% NIO Nio -8.83% JD Jd.com -1.98% UPS United Parcel -6.99% SHOP Shopify -1.72% SNAP Snap -3.08% PDD Pinduoduo -10.35% INTC Intel -2.08% AMC AMC Entertnmt-5.66% PYPL Paypal -2.06% BIDU Baidu -2.80% SQ Square -3.92% ATVI Activision -6.76% BA Boeing -1.59% AON AON Plc +3.19% WDAY Workday -3.33% MU Micron Tech -2.73% FUTU Futu -14.47% GE General Electric +1.24% CRM Salesforce -1.65% FDX Fedex -5.00% XPEV Xpeng -14.85% COIN Coinbase -4.22% BILI Bilibili -5.41% TSM Taiwan Semi -1.82% BNTX Biontec -0.79% ZM Zoom Video -1.50% QCOM Qualcomm -1.79% FISV Fiserv +2.99% RBLX Roblox -1.85% LRCX Lam Res -2.78% AMAT Applied Materials -2.59% TXN Texas Instruments -1.66% TTD Trade Desk +1.51% LOW Lowe's -2.14% SNOW Snowflake -2.28% UBER Uber -2.11% NVAX Novavax -7.42% RTX Raytheon +2.64% EDU New Oriental Educn +12.89% GM General Motors -1.38% TAL Tal Educ +25.23% AVGO Broadcom -1.43% ASML Asml -1.13% LI Li Auto -13.94% BSX Boston Scientific +3.50% AAL American Air -2.81% CRWD Crowdstrike -2.64% CCL Carnival -1.55% MSTR Microstrategy -7.60% EBAY Ebay -1.32% TWLO Twilio -2.70% F Ford -1.71% ETSY Etsy -3.19% LMT Lockheed +1.81% MDT Medtronic +1.68% PINS Pinterest -2.88% WYNN Wynn Resorts-3.82% LLY Eli Lilly +0.15% LVS Las Vegas Sands -3.81% UAL United Air -1.64% NRXP Nrx Pharm -4.23% PLTR Palantir -2.03% CMG Chipotle +1.56% CNC Centene -3.03% ENPH Enphase -2.16% SAVA Cassava Sci +6.26% XLNX Xilinx -3.28% LOGI Logitech -10.28% OKTA Okta -1.86% VALE Vale -1.64% DASH Doordash -2.23% PLUG Plug Power -1.92% LCID Lucid -6.15% SPCE Virgin Galactic -1.21% INTZ Intrusion +52.07% VIPS Vipshop -4.38% NXPI Nxp Semi -1.97% FFIV F5 Networks +6.20% IQV Iqvia -1.66% MOXC Moxian -10.35% SYK Stryker +1.83% DYAI Dyadic +13.08% VRTX Vertex Pharm +1.97% EOG Eog -1.94% ZLAB Zai Lab -11.77% SWKS Skyworks -2.40% MRVL Marvell -1.65% GDS Gds -7.64% TME Tencent Music -4.78% YUMC Yum China -5.02% OXY Occidental -3.17% XELA Exela Tech +6.50% KLAC K L A-Tencor -3.02% SPOT Spotify -1.52%
July 26 Monday - Summary:
Stocks SPY+0.2%, Bond TLT-0.3%, EEM-1.9%, Sm IWM+0.3%, SpecTc ARKK-0.8%.
Solid $60B 2-yr note auction: belly (5yr, 7yr) auction week. New home sales -6.6%: 676k/yr Seasonally Adjusted (e 800k; prior revised 724k from 769k). Weds' Fed FOMC decision may be quiet, with more taper talk likely.
Earnings: Tue AAPL MSFT GOOG, Weds FB PYPL SHOP QCOM, Thur AMZN.
News: FXI-5% CN meltdown: harsh new CCP crackdowns: risk discount soars: eg TAL-26% (95% off highs), EDU-33% GOTU-29% DAO-33% BEKE-27% YQ-26%.
TRIP+7%: Barrons calls it cheapest stock in travel. MRNA-4% low vax uptake. LAC+7%: federal judge OK's lithium mine in Nevada (to be the biggest in US). Lithium futures on CME & LME are still very illiquid: key EV battery metal.
IPOs r7: SPAC M&A: LCID+11% $7B MktCap Lux EV M&A into CCIV. MVST-13% EV battery $3B M&A into THCB. (CYTO-4% Alamira gold $0.05B TSXV relist. BR: AGXY3 LVTC3 $0.5B~ ag retail. LVTC3 Livetech $0.3B~ wifi security.
AU: BST $0.3B Best & Less discount retail.)
M&A r5: Thoma Bravo to buy MDLA $6B. H&F PE finally buys HOME $2.5B.
AON pays $1B to WLTW to can $30B deal: DoJ nixes. IPL cans $7B PPL deal. PKI+5% agrees to acquire BioLegend global bio antibodies biz for $5B.
ROLL is in talks to buy ABB’s mechanical power transmission biz for~$3B.
Spec: BTC+24% ETH+18% DOGE+13% COIN+9% RIOT+21% GLXY+13% SI+7% SQ-1% AMC+9% GME+9% BB+2% BBBY= SOFI-1% CLNE+2% NIO-2% SPCE+4% BYND=. BTC $40k bounce: AMZN exploring BTC payments & token (said City AM; later refuted). DoJ is looking Tether for misleading banks on crypto links.
Earnings Movers by sector/impact: Consumer Cyclical XLY+0.9%: TSLA+2%> +1%. Has+12%. pkg+1> +6%AH%. dorm-2%. ain=> +3%AH. Tech XLK=: CDNS=. Chkp-4%. Logi+1%. Ffiv=> +6%AH. amkr=> +5%AH. calx-2%. cls+1%. Industrials XLI=: LMT-3%. Otis+1%. Lii+2%. tfii+1%> +7%AH. hxl+3%. tnet=> +6%AH. cr-1%> 5%AH. ssd=. tbi+4%. From y'day: HON=. Rop-1%. Schp.sw-4%. Financials XLF+0.6%: Amp+1%> -2%AH. ix=. bro=. boh+5%. From y'day: AXP=. rf+1%. Healthcare XLV-0.5%: Phg-4%. Pki+5%. uhs+1%> +5%AH. medp=. qure+4%. atip-43% physio: big sales miss, unable to calculate loss. From y'day: Lonn.sw-3%. Energy XLE+2.5%: rrc+5%> -6%AH. arlp+6%. From y'day: RIGD.in-2%. SLB+4%. Oil+0.4%. Materials XLB+0.8%: Vedl+4%. rpm-1%. axta+1%> 2%AH. Copper+3.7%, Lumber-2%, Iron+1%, Gold-0.2%, Agri+2%. Consumer Staples XLP+0.2%: jjsf+5%. From y'day: Km=. Property VNQ=: are=> -2%AH. sui=. agnc=. acc> +4%AH. Utilities XLU=: From y'day: NEE=. Commc'n Service XLC+0.5%.
World Stocks' Quarterly EARNINGS: July26Mon: R10 $1,800B MktCap (value):
TSLA!' LVMH: CDI: LMT, CDNS' Otis, Amp' Phg. Angpy. Pki, Chkp, Mgddy. Vedl) Logi.' Ffiv' Lii, Has, Chgcy) pkg' rpm, are' sui' uhs' tfii' amkr' cr' hxl' rrc, medp' axta' agnc' acc' ssd' tnet' bro' furfcf. cdmgf. ix) tecmo) afi) calx dorm ain boh cbu caty ibtx adc pch atip qure cls arlp hstm tbi hsii frme htlf ntd lkfn efsc nbhc hmst bdn ari irt kref hlx pets lxfr agrx
-TIMING: )Asia .Eu :EuPM ,UsAM ‘UsPM -RANK: by MktCap x %Adjustments
Mon turnover leaders: $250B~ value.
TSLA Tesla +2.21% AAPL Apple +0.29% AMZN Amazon.com +1.18% BABA Alibaba -7.15% MRNA Moderna -3.72% MSFT Microsoft -0.21% FB Facebook +0.72% GOOGL Alphabet Cl A +0.77% AMC AMC Entertnmt +8.92% NVDA Nvidia -1.35% SNAP Snap -2.12% AON AON+8.21% ROKU Roku +1.24% JD Jd.com -8.59% AMD Adv Micro -0.36% NIO Nio -1.86% SHOP Shopify -3.71% FUTU Futu -7.37% BA Boeing +1.95% TWTR Twitter -4.18% COIN Coinbase +9.13% BTBT Bit Digital Inc +109.69% INTC Intel Corp +2.47% BIDU Baidu Inc ADR -5.96% SQ Square -0.76% WLTW Willis Towers -8.98% PDD Pinduoduo -8.84% ZM Zoom Video +3.87% MSTR Microstrategy +26.46% JPM JP Morgan +0.67% BAC BoA +1.14% V Visa +0.49% PYPL Paypal -0.56% BNTX Biontech +1.53% AZN Astrazeneca -2.47% C Citigroup +1.59% MS Morgan Stanley +2.10% BILI Bilibili -8.14% XOM Exxon +2.52% CVX Chevron +2.11% NTES Netease -13.65% DIS Walt Disney +1.48% LMT Lockheed -3.34% UNH Unitedhealth -1.00% ABNB Airbnb +2.36% TAL Tal Educn -26.67% ADBE Adobe -0.81% CCL Carnival +5.46% LCID Lucid +10.64% FCX Freeport-M +4.15% RIOT Riot Blockchain +21.00% BEKE Ke Holdgs -27.69% SAM Boston Beer +3.65% AAL American Air +4.15% GE General Electric +1.65% SNOW Snowflake +1.46% F Ford +1.52% TWLO Twilio -2.83% UBER Uber -1.37% CMG Chipotle -1.31% BKNG Booking +1.28% MARA Marathon Digital +20.05% GM General Motors +1.51% UAL United Air +4.06% NVAX Novavax -4.86% VIAC Viacom +2.85% RBLX Roblox -5.13% SAVA Cassava Sci -2.75% COP Conocophil +2.76% CLF Cleveland-Cliffs +2.04% DISCA Discovery +3.06% SPCE Virgin Galactic +3.52% SPOT Spotify -1.25% CRWD Crowdstrike -1.54% NCLH Norwegian +4.62% BIIB Biogen +2.01% DAL Delta Air +3.12% ATVI Activision -1.49% OKTA Okta -1.90% HAS Hasbro +12.24% X US Steel +4.41% SCHW Schwab +0.19% LI Li Auto +1.62% DOW Dow +3.16% AEP American Electric +1.98% VALE Vale +2.69% MELI Mercadolibre -1.74% SLB Schlumberger +3.70% RCL Royal Caribbean +4.07% PCG Pacific Gas & Elec -5.10% GDS Gds -13.42% PLTR Palantir +1.47% PENN Penn Natl Gam +3.70% AA Alcoa +5.13% XBIO Xenetic Bio +20.24% PKI Perkinelmer +4.73% BGNE Beigene -13.35% TME Tencent Music -2.97% LUV Southwest Air +2.13% DISCK Discovery +3.88% NUE Nucor +3.64%
July 23 Friday - Summary:
Stocks SPY+1%, Bond TLT-0.7%, EEM-1.5%, SmC IWM+0.5%, SpecTec ARKK+0.6%
Quieter Friday: muted Tokyo Olympics openingE ceremony 07ET. Ends Aug 8. No return to normalcy until next games: 2024 Paris, 2028 LA, 2032 Brisbane.
News: New CN crackdown: colleges crushed: TAL-70% GOTU-63% EDU-58%: CCP tightens "patriotic education" (totalitarian brainwashing) of students/ kids. Tech/social media absolute control freak muzzling, deepens CN P/E discounts. G10 is increasingly alarmed into CN sanctions: to curb CN's stealth Cold War 2.
JP sees TW defence as key to JP security. Markets ignore CN/US decouple risk.
IPOs R12! REE Ree Auto $5B IL EV. CNM Core & Main $5B MktCap drains. SOPH Sophia Genetics $1B. OB= Outbrain $1B SEO. CRBU+2% Caribu bio $1B. (XPOF+2% Xponential Fitness $0.5B. GAMB-1% Gambling .com $0.3B. USCB US Century Bank $0.2B FLA. & 5 SPACs.) IN: Zomato $13B food delivery app.
Spec: BTC+1% ETH= DOGE-2%; COIN1% RIOT-3% GLXY-1% SI=; TSLA-1% SQ+1% AMC-1% GME+1% BB-2% BBBY2% SOFI-2% CLNE-1% NIO-5% SPCE-4% BYND-1%
Earnings Movers by sector/impact: Tech XLK+0.7%: From y'day: Intel INTC-5%. Vrsn-5%. Commc'n Service XLC+2.5%: From y'day: SNAP+24%: AR/ gamimg/ video-edit growth outlook. Twitter TWTR+3%. T=. Naver+3%. schl-3%. Industrials XLI+0.4%: HON-2%. Rop+1%. Schp.sw+2%. From y'day: ABB+2%. UNP=. LUV-1%. AAL=. Rhi+7%. wso+2%. csl+2%. gtls-5%. Consumer Cyclical XLY+0.9%: From y'day: DR Horton DHI+4%, #1 homebuilder. Dpz-2%. Gpc+2%. Pool+3%. crox=. htht-2%. skx+6%. son-5%. tph+5%. hzo+7%. Financials XLF+0.2%: AXP+1%. rf+1%. From y'day: BX+1%. MMC+1%. Cof-1%. Sivb+4%. Fitb-1%. Healthcare XLV+1.2%: Lonn.sw+4%. From y'day: RHHBY+1% biosimilars threat. DHR+1%. ABT+2%. BIIB=. Dgx+3%. Energy XLE-1.1%: RIGD.in=. SLB=. Oil+2%. Materials XLB+0.7%: From y'day: Freeport: FCX+1%, #1 US miner. Newmont NEM-1%, #1 gold min. Nucor NUE+1%, #1 US steel. Dow-1%. Clf+2%. Rs+1%. Ce+3%. Copper+1.4%, Lumber+11% limit, Iron-3%, Gold+0.2%, Agri+1%. Consumer Staples XLP+1.2%: Kmb+1%. From y'day: sam-26%. From y'day: KO=. Utilities XLU+1.3%: NEE+1%. From y'day: Aep=. fe-2%. Property VNQ+0.8%:
World Stocks' Quarterly EARNINGS: July23Fri: R8 $1,000B MktCap (value):
HON, RIGD) AXP, NEE, SLB, Rop, Kmb, Lonn. Schp. nhy. rf, gntx aimc nep sxt fhb fbp sbsi
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustments
Fri turnover leaders: $250B~ value.
FB Facebook +5.30% AAPL Apple +1.20% TSLA Tesla -0.91% SNAP Snap +23.82% AMZN Amazon +0.51% MRNA Moderna +7.84% MSFT Microsoft +1.23% GOOGL Alphabet Cl A +3.58% BABA Alibaba -3.51% ROKU Roku +12.60% NVDA Nvidia -0.18% INTC Intel -5.29% TWTR Twitter +3.05% AMC AMC Entertnmt -0.67% AMD Adv Micro +1.03% EDU New Oriental Educ 54.22% SHOP Shopify +3.09% NIO Nio -4.51% BA Boeing +0.29% SAM Boston Beer -26.02% NFLX Netflix +0.71% BAC BoA -0.68% V Visa +2.00% SQ Square +1.31% TAL Tal Educ -70.76% BILI Bilibili -12.38% JD Jd.com -4.77% MA Mastercard +2.90% NRXP Nrx Pharm +50.58% BIDU Baidu -3.27% PYPL Paypal +1.59% PINS Pinterest +5.78% PDD Pinduoduo -7.29% ORCL Oracle -3.31% AXP American Exp +1.33% FUTU Futu -7.47% TXN Texas Instr +1.60% CRWD Crowdstrike Holdings Inc +2.25% SBUX Starbucks +2.72% BEKE Ke Holdings -10.94% MCD McDonald's +1.80% TTD Trade Desk +9.50% HD Home Depot +1.89% QCOM Qualcomm +1.71% HON Honeywell -1.47% ASML Asml +2.50% CMG Chipotle Mexican Grill +1.81% XBIO Xenetic Biosci +35.48% NVAX Novavax -3.17% CCL Carnival -3.30% NTES Netease -8.01% DPZ Domino's Pizza -2.48% LOW Lowe's +2.07% LLY Eli Lilly 2.37% COP Conocophillips -2.35% SPCE Virgin Galactic -4.02% ETSY Etsy +3.47% VRTX Vertex Pharm +2.29% LI Li Auto -8.05% DASH Doordash +3.18% MELI Mercadolibre +1.42% LVS Las Vegas Sands -3.07% OKTA Okta Inc Cl A +3.28%
July 22 Thursday - Summary:
Stocks SPY+0.2%, Bond TLT+1%, EEM+0.2%, SmC IWM-1.6%, SpecTec ARKK-0.8%
ECB copies Fed: from "near 2%" to Average Inflation Target: "symmetrical +/-2%." ECB 'has learned past lessons, and won't tighten too early' - weakens EUR. Weekly Jobless weak: 419k+51k, e360k. Existing Home Sales +1.4% 5.86m e5.9m, +22.9% YoY. First-time buyers discouraged by limited supply forcing up prices. CB Leading Economic Index (LEI) +0.7%, expected 0.9%: growth 'decelerating.'
IPOs R11! RYAN+17% $6B insur broker. ABSI+35% $2B MCap AI-bio. INST+5% Instructure $4B MktCap e-learning. BASE+27% Couchbase $1B key databases. (ZVIA-3% Zvia $0.8B zeroCal drinks. ZENV-22% Zenvia $0.4B CX CRM.)
FFIE+1% Faraday Future EV $5B MktCap, merged into SPAC PSAC.
BZ: MLSA3+17% Multilaser $1B~ MktCap electronics retailer. (AU: NOL-5% $0.2B life insur.) HOOD Robinhood is due to list next Fri July29: $50B~MktCap. KR: Kakao[e-]Bank $20B~ lists on Aug 5, was 1,000 oversubscribed today.
News: SBUX+3% highs: Coffee+11% futures soar (x2 in 1year) due to Brazil frost. DIDI-11% on increasing CN regulation / penalties and US delisting risks. SAVA+8% Alzheimer conference abstracts. AKAM-1% DNS website outages. (IPA+138% CoV cocktail paper. CODX+21% diagnosics: US ups CoV testing. IGC+89% THC Alzheimers patent. IPWR+5% analyst day. AGTC-6% R&D Day. )
Ratings: Citi ups MSFT+2% to street high $378 target. GS ups FL-1%, cuts WSM-2%. TD ups CSX+3%. Needham ups PAYO+5%. JEF ups ALIZY=, cuts ENV-2%.. BoA cuts TRV-3%. DB cuts AMCX-5%, LG.A-6%. Seaport up HPK+3%. RBC ups PDYPY+5%. Guggenheim ups VST+3%, CLDX+2%. FBN ups ASAN+6%. Stephens ups WRLD+2%. Needham s KRNT=. HSBC ups CTSH=. BTIG ups ABNB=.
Capital r2: STZ-1% sold $1B notes. NTRA= sold $0.5B shares. FOUR+3% sold $0.6B CBs. (TCON-24% $0.015B equity offer.) M&A r0 none.
Spec: BTC+4% ETH+3% DOGE+1%; COIN-2% RIOT-1% GLXY-2% SI-2%; TSLA-1% SQ+1% AMC-9% GME-4% BB-4% BBBY-2% SOFI-3% CLNE-6% NIO-2% SPCE-8%.
Earnings Movers by sector/impact: Tech XLK+0.7%: Intel INTC= > -3%AH: weak data centre guidance. Vrsn+1%> 2%AH. From y'day: ASML+1%. TXN-5% guided lower. SAP=. STX+1%. ntgr-10%. Commc'n Service XLC+0.3%: SNAP-1%> +16%ah. Twitter TWTR= > +5%AH. T=. Naver+3%. schl-3%. From y'day: VZ=. Ipg-2%. rci=. Industrials XLI-0.4%: ABB+0.5%. UNP+1%. LUV-3%. AAL-1%. Rhi-1%> +4%AH. wso+2%. csl-1%. gtls-2%. From y'day: Csx+3%. Efx-2%. ggg-3%. knx+2%. Consumer Cyclical XLY+0.4%: DR Horton DHI-2%, #1 homebuilder. Dpz+15%. Gpc-2%. Pool-2%. crox+10%. htht-2%. skx+2%> +8%AH. son-5%. tph+3%. hzo=. From y'day: NVR+2%. Lvs-4%. lad+1%. whr-1%. hog-2%. Financials XLF-1%: BX+4%. MMC+2%. Cof-1%> -2%AH. Sivb-1%. Fitb-2%. From y'day: NDAQ-0.5%. Mktx+2%. Dfs-1;%. Ntrs-2%. Seic-4%. cma-2%. slm-6%. Healthcare XLV+0.7%: RHHBY-4% biosimilars threat. DHR+3%. ABT-1%. BIIB+1%. Dgx-2%. From y'day: JNJ=. NVS+1%. ANTM=. Energy XLE-1.1%: From y'day: KMI-2%. Bkr-2%. fti-8% weak guide. Oil+2%. Materials XLB=: Freeport FCX=, #1 US miner. Newmont NEM=, #1 gold min. Nucor NUE+1%, #1 US steel. Dow+1%. Clf-1%. Rs-1%. Ce-2%> +4%AH. From y'day: ufpi=. kalu-6%. Copper+1.4%, Lumber+11% limit, Iron-3%, Gold+0.2%, Agri+1%. Consumer Staples XLP-0.2%: sam+2%> -18%AH. From y'day: KO=. Utilities XLU+0.2%: Aep=. fe+4%. Property VNQ-0.8%: From y'day: Cci-5%.
World Stocks' Quarterly EARNINGS: July22Thu: R10 $3,000B MktCap (value):
INTC' RHHBY. BX, SNAP' TWTR' DHR, ABT, T, UNP, ABB. FCX, NEM, BIIB. UL. MMC, DHI, LUV, NUE, AAL, Cof' Vrsn' Dow, Sivb' Aep, Gpc, Rhi' Clf, Rs, Naver) Hymtf) Kia) Kb) Shg) KotakB) Givn. Pool, Dpz, Dgx, Ce' Sna, Csl, Fitb, wdn. bol. fr. cna. fras. kbank) bn4) htht wfg wrb fe sam wso ewbc cbsh alk crox skx son gtls vicr bco hri ori rnr faf bpop vly ozk gbci wbs bku abcb asb trn tph tr schl hzo boom clfd cass usx taco ntgr
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustments
Thur turnover leaders: $200B~ value.
AMZN Amazon +1.47% AAPL Apple +0.96% TSLA Tesla -0.92% NVDA Nvidia +0.95% MSFT Microsoft +1.68% MRNA Moderna +0.74% AMC AMC Entertnmt -8.68% FB Facebook +1.43% SHOP Shopify +1.58% AMD Adv Micro +2.01% NFLX Netflix -0.36% BA Boeing -0.75% BABA Alibaba +1.40% TXN Texas Instruments -5.32% BAC BoA -1.30% NIO Nio -1.50% CRM Salesforce +2.55% SQ Square +1.30% INTC Intel Corp -0.48% IPA Immunoprecise Antibodies Ltd +136.49% DPZ Domino's Pizza Inc +14.55% BNTX Biontech Se ADR +8.23% GOOG Alphabet Cl C +0.55% NURO Neurometrix Inc +18.89% GOOGL Alphabet Cl A +0.68% MU Micron Technology -2.15% MA Mastercard Inc +0.55% JPM JP Morgan -1.26% TWTR Twitter Inc +0.04% SNAP Snap Inc -0.66% CMG Chipotle Mexican Grill +2.42% ZM Zoom Video Communications Cl A +2.39% CLF Cleveland-Cliffs Inc -0.52% NRXP Nrx Pharmaceuticals Inc +62.71% SAVA Cassava Sciences Inc +7.66% UNP Union Pacific Corp +1.08% IGC India Globalization Capital Inc +89.19% SBUX Starbucks Corp +2.82% SNOW Snowflake Inc Cl A +3.09% LUV Southwest Airlines Company -3.46% CRWD Crowdstrike Holdings Inc +3.74% DQ Daqo New Energy ADR -14.75% CROX Crocs Inc +9.96% PTON Peloton Interactive Inc -5.35% SPCE Virgin Galactic Holdings Inc -7.64% HON Honeywell +0.38% DHR Danaher Corp +3.27% GM General Motors Company -2.47% CEMI Chembio Diagnostics -19.29% LVS Las Vegas Sands -4.45% CCI Crown Castle International Corp -4.51% EB AY Ebay Inc +3.15% ASML Asml Hld NY Reg ADR +1.24% TWL O Twilio +2.95% DOCU Docusign Inc +1.71% WMT Wal-Mart Stores +0.07% BILI Bilibili Inc ADR -5.99% COIN Coinbase Global Inc Cl A -2.07% GE General Electric Company -2.91% ISRG Intuitive Surg Inc +3.06% AXP American Express Company -0.93% NO W Servicenow Inc +1.69% ETSY Etsy Inc +3.09% DHI D.R. Horton -2.00% WISA Summit Wireless Technologies Inc +13.02% SCHW The Charles Schwab Corp -3.32% BIIB Biogen Inc +1.05% FE Firstenergy Corp +4.29% DAL Delta Air Lines Inc -1.32% LULU Lululemon Athletica +3.19% MELI Mercadolibre Inc +2.65% CSX CSX Corp +3.48% TMO Thermo Fisher Scientific Inc +1.99% FIVN Five9 Inc +2.14% MMC Marsh & Mclennan Companies +2.47% CL O V Clover Health Investments Corp -2.93% COF Capital One Financial Corp -1.09% WHR Whirlpool Corp -1.18% PLTR Palantir Technologies Inc Cl A -2.00% FUTU Futu Holdings Ltd ADR -7.42% MSTR Microstrategy Cl A -0.18% DFS Discover Financial Services -1.27% FOUR Shift4 Payments Inc +3.42% NTRA Natera Inc -0.23% SAM Boston Beer Company +1.89 PLUG Plug Power Inc -2.57% TAL Tal Education Group ADR -3.80% NET Cloudflare Inc Cl A +3.88%
July 21 Wednesday - Summary:
Stocks SPY+0.8%, Bond TLT-1.3%, EEM+0.7%, SmC IWM+1.7%, SpecTc ARKK+1.5%
Bond lows (& bank highs), made just after weak $24B 20-yr auction: oversold. Musk/Dorsey/Wood Q&A/chats on crypto at B Word virtual event, helped risk.
IPOs R11! PYCR+13% Paycor $4B MktCp HR SaaS. VTEX+17% $4B MktCap retail SaaS (Softbank backed). LAW+28% CS Disco $2B MCap legalTech. KLTR+20% Kaltura $1.5B video cloud. (VEEE+25% $0.05B catamaran. AATC Autoscope $0.03B road radar. SPAC: PFTA. AU: OPN Openn Negot'n $0.05B propTech.) UK: Bridgepoint BPT.L+25% $5B MktCap Private Equity RBS spinoff, in 2000. TPG PE is also looking at an IPO or SPAC merger ~$10B.
Ratings: GS ups HAL+3%: buy, (AVPT+13%). BoA ups REAL+5%, RLAY+1%, cuts WISH-1%. DB ups EA=. BMO ups IAC+4%. RJF ups JEF+2%. Truist ups XEC+5%. MKM ups ALGT+4%. Berenberg new buys EXPI+7% RLGY+5% ZG+3%. (Needham ups CSSE+3%. Riley ups NMG+18% graphite. Hallum ups DXLG+18%.) MS cuts ATHM-7%. RBC new sell BOX-3%. M&A r0: none
Capital r4: Stock filings: FOUR-6% $0.7B. NTRA+9% $0.3B. SBNY+2%. NSA-1%. CCL+9% sold $2.5B notes. BLDR+5% sold $1B notes. CYTK sold $0.2B stock.
News: DKNG+7%: to sell sports NFTs. SDC+7% wins court case. LE+17% guides up. AVT+3% guides up. (NURO+107% FDA approves fibromyalgia nerve stimulator.)
Spec: BTC+8% ETH+9% DOGE+10%; COIN+3% RIOT+13% GLXY+17% SI+9%; TSLA= SQ+4% AMC+5% GME-3% BB+2% BBBY+3% SOFI+10% CLNE+4% NIO+6%.
Earnings Movers by sector/impact: Tech XLK+1%: ASML!+5% #1 chip equipmt maker. Texas Instruments (chips) TXN+3%> -4%AH. SAP-4%, #1 EU software. STX-3%. From y'day: Xm-2%. CommcnSvc XLC+0.8%: VZ+1%. Ipg+11%. rci-3%. From y'day: NFLX-3%. Omc+1%. irdm+1%. Industrials XLI+1%: Csx+1%> +3%AH. Efx-1%. ggg+2%> -3%AH. From y'day: CNI+2%. UAL+4%. Dov+1%. Man+2%. rxn+5%. gatx=. bmi-2%. air+3%. Consumer Cyclical XLY+0.9%: NVR=. Lvs+3%> -4%AH. lad+4%. whr+2%. hog-7%. From y'day: Chipotle CMG+12% lots of upgrades. snbr-13%. rusha+3%. Financials XLF+1.7%: NDAQ+3%. Mktx-1%. Dfs+4%. Ntrs+2% Seic+1%. cma+4%. From y'day: UBS+3%. IBKR+1%. Trv=. Syf+2%. key+2%. ally+3%. cfg+3%. sbny+2%. Healthcare XLV+0.1%: JNJ+1%. NVS=. ANTM-2%. From y'day: ISRG-1%. HCA=. Consumer Staples XLP-0.2%: KO+1%. From y'day: PM+2%. Energy XLE+3.5%: KMI+2%. Bkr+1%. From y'day: Hal+3%. Oil+4% (-1% on API then+5% before and after weekly IEA today). Property VNQ=: Cci-1%. Materials XLB+1.1%: ufpi+2%> +4%AH. kalu+4%> -5%AH. Copper+0.3%, Lumber+8% limit, Iron-4%, Gold-0.4%, Agri+2%. Utilities XLU-1.1%. From y'day: agr-2%.
World Stocks' Quarterly EARNINGS: July21Wed: R10 $3,000B MktCap (value):
ASML!. TXN' JNJ, SAP. KO, VZ, DAI. NVS. ANTM, KMI' NDAQ, STX, NVR, Mktx, Lvs' Ibe. Nda. Efx' Dfs' Ntrs, Csx' Cci' Bkr, Ipg, Seic' Srt. Dim. Evo. njdcy) akzo. lad, whr' ggg' knx, mtb, rci, iclr' cma, hog, vmi ufpi plxs cns kalu mc fti lstr thc slm gl omf thc bokf rexr slg baer. temn. telia. sterv. cov. sobi. fi-n. pomi. ssab. sow. saab. bmri) magn. riyadBk. adcb. eib. dib. saudElec. cim) alx) scb) indusT) mindT) comi. hcsg
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustments
Wed turnover leaders: $200B~ value.
MRNA Moderna +4.48% AAPL Apple -0.51% TSLA Tesla -0.79% AMZN Amazon +0.34% NVDA Nvidia +4.29% AMC AMC Entertnmt -5.36% NFLX Netflix -3.28% MSFT Microsoft +0.74% NIO Nio +5.89% FB Facebook +1.34% CMG Chipotle +11.54% BA Boeing +2.48% AMD Adv Micro +2.64% SQ Square +4.37% CEMI Chembio Diagnostics +159.22% SHOP Shopify +2.92% GOOGL Alphabet Cl A +1.06% NURO Neurometrix +107.17% CCL Carnival +9.44% BAC BoA +2.04% CRM Salesforce +0.83% BABA Alibaba +0.23% JPM JP Morgan +2.10% V Visa +0.40% C Citigroup +2.41% BNTX Biontech +5.89% PYPL Paypal Holdings +1.24% VZ Verizon +0.67% WFC Wells Farg +2.14% MS Morgan Stanley +3.64% AAL American Air +4.09% MU Micron Tec +2.39% UAL United Air +3.84% KO Coca-Cola +1.29% ORCL Oracle +1.16% SAVA Cassava Sciences+29.47% JNJ Johnson & J +0.62% XOM Exxon +3.22% AZN Astrazeneca +0.40% DIS Walt Disney +0.08% PFE Pfizer -0.07% SPCE Virgin Galactic Holdings Inc +4.18% CVX Chevron Corp +3.41% ZM Zoom Video -0.80% LRCX Lam Research +4.97% COIN Coinbase +2.63% TXN Texas Instruments +3.45% ASML Asml +5.40% NCLH Norwegian Cruise +10.14% GE General Electric +2.99% FCX Freeport-Mc +5.16% GS Goldman Sachs +2.40% XPEV Xpeng +7.63% DAL Delta Air +2.34% NVAX Novavax +1.47% AMAT Applied Materials +4.57% DKNG Draftkings +6.68% ABNB Airbnb +2.32% ISRG Intuitive Surg -1.06% LUV Southwest Air +3.31% F Ford +2.01% SNAP Snap +1.70% CAT Caterpillar +1.33% QCOM Qualcomm +1.88% UBER Uber Tech +2.59% MSTR Microstrategy +10.99% RCL Royal Caribbean Cruises +5.35% TWTR Twitter +2.36% CLF Cleveland-Cliffs +5.64% LI Li Auto +8.72%
July 20 Tuesday - Summary:
Stocks SPY+1.4%, Bond TLT-1.0%, EEM+0.3%, SmC IWM+3.1%, SpecTec ARKK+2%.
$¥ led bonds, led stocks, to reverse yesterday's delta-variant-fear liquidation.
SPY bounced for 6th time this year, off its 50-day moving average (slowing).
Housing Starts +6.3% e+3.5%, Permits -5.1% e+1%: labor and material shortages.
IPOs r1: (HCWB $0.2B MktCap ageing bio. New SPACs: CLAY CLOE.)
M&A r1: RPD+4% buys IntSights Cyber Intel threat intel $0.4B; guides up.
NUE+2% Nucor to buy warehouse steel rack maker Hannibal Industries $0.4B.
SNAP+5% buys AR shopping co Vertebrae $0.1B.
Capital r1: Stock offer: CYTK+8%, +42% y'day: heart drug; $0.2B.
(CLVR $0.1B weed.) CB+4% $5B new buyback.
News: MRNA-2% tops turrnover ($25B) on addition into SPY S&P500 index.
Health suppliers CAH+3% ABC+3% MCK+3%: $26B NY AG opioid settlement.
CN e-colleges TAL+9% EDU +9% GOTU +5%: CN family planning loosens.
(PLXP+18% WBA will stock it's liquid aspirin. ARDX-75% FDA denies kidney drug.) Blue Orgin/ Bezos space tourism rocket trip was successful.
Ratings: MS,BoA ups WES+7%: buy. GS ups KRYS+3%: buy. SF ups SPG+7%: buy. Argus ups BK+4%: buy. Davidson ups IPAR+9%: buy. Barc ups ARRY+6% solar: =. Needham ups LIVN+5%: buy. WFC cuts GKOS-15%: sell. Baird cuts VLDR-3%.
New Buys: Baird IS+6% game apps. RBC NOVA+4% solar. BTIG CDNA+5%.
Spec: BTC-5% ETH-2% DOGE-1%; COIN+2% RIOT= GLXY= SI+14%; TSLA+2% SQ+5%; AMC+24% GME+10% BB+7% BBBY+7% SOFI= CLNE+4% NIO+2% SPCE-1%
Earnings Movers by sector/impact: Tech XLK+1.5%: Xm+2%> +5%AH. From y'day: IBM+1%. karo+2%. CommcnSvc XLC+1.1%: Netflix subscriber miss NFLX= > +1%AH. Omc-4%. irdm+9%. Industrials XLI+2.8%: CNI+1%. UAL+7%. Dov+7%. Man-3%. rxn+4%> +2%AH. gatx+6%. bmi+7%. air+6%> -2%AH. From y'day: Jbht+3%. Materials XLB+1.1%: From y'day: PPG-4%. stld+2%. Copper+2.2%, Lumber-2%, Iron-3%, Gold=, Agri+2%. Consumer Cyclical XLY+1.9%: Chipotle CMG+2%> +4%AH. snbr+5%> -11%AH. rusha+4%. From y'day: Tsco+1%. cck+1%. an+7%. Financials XLF+2.5%: UBS+5%. IBKR+1%. Trv=. Syf+3%. key+3%. ally+6%. cfg+4%. sbny+3%. From y'day: zion+5%. pacw+9%. Healthcare XLV+1.2%: ISRG+2%> +3%AH. HCA+14%. From y'day: ntra+1%. Property VNQ+2.3%: From y'day: PLD+1%. els+3%. Consumer Staples XLP=: PM. From y'day: calm+1%. Energy XLE+1.3%: Hal+4%. Oil+1.5% small bounce. Utilities XLU+0.4%. agr=.
World Stocks' Quarterly EARNINGS: July20Tue: R9 $1,200B MktCap (value):
NFLX' ISRG' UBS, CMG' PM CNI' IBKR' Hca, Trv, Syf, Dov, Xm' Hal, Volv. Omc, Ual' Cni' Man, Knin. rxn irdm ally key cfg sbny agr pnfp gatx bmi neog snbr air rusha -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustmt
Tue turnover leaders: $300B~ value.
MRNA Moderna -2.00% ALXN Alexion Pharm +1.70% AAPL Apple +2.60% AMZN Amazon +0.66% TSLA Tesla +2.21% NVDA Nvidia -0.89% MSFT Microsoft +0.83% AMC AMC Entertainmt +24.47% HON Honeywell +4.08% AZN Astrazeneca +1.88% FB Facebook +1.40% BA Boeing +4.91% NFLX Netflix -0.23% GOOGL Alphabet Cl A +1.31% WORK Slack Tech +0.09% NURO Neurometrix +207.98% AMD Adv Micro Devices +0.61% JPM JP Morgan +1.86% BAC BoA +2.06% SQ Square +5.47% BABA Alibaba +0.80% NVAX Novavax -1.58% CRM Salesforce +1.08% PFE Pfizer +2.24% SHOP Shopify +3.58% IBM Int'l Bus Mach +1.49% V Visa Inc +0.95% NIO Nio +1.89% JNJ Johnson & J +0.94% BNTX Biontech +1.04% PYPL Paypal +1.09% WFC Wells Fargo +4.16% PTON Peloton +6.69% XOM Exxon +1.10% DIS Walt Disney +2.20% ZM Zoom Video +0.45% CCL Carnival +7.45% SPCE Virgin Galactic -1.14% HD Home Depot +2.03% C Citigroup +1.86% MA Mastercard +2.45% DOCU Docusign +4.07% HCA Hca +14.37% ROKU Roku +2.33% GS Goldman Sachs +2.83% MS Morgan Stanley +3.32% SNAP Snap +4.62% UAL United Air +6.58% F Ford +4.74% AMAT Applied Materials +2.60% GE General Electric +5.83% AAL American Air +8.38%
July 19 Monday - Summary:
Stocks SPY-1.4%, Bond TLT+2.2%, EEM-1.7%, SmC IWM-1.3%, SpecT ARKK+0.7%
Summer cooling hits risk markets choking on record bubbly asset issuance.
CoV risk: Delta variant will reach all unvax'd: 20%+ holdout people in DM's.
JP Olympics starting Friday, may become a superspreader event: more cases.
US/EU jointly declare CN was behind Microsoft Exchange hack: trade war risks.
OPEC weekend agreement to increase output, and CoV Delta risk, hit Oil-7%.
UK lifted CoV restrictions, but cases are rising quickly. PM Johnson self-isolated.
IPOs r6: SPACs: HLLY-2% Holley $1.5B MktCap auto parts, merges into EMPW.
HYZN -20% Hyzonmotors $2B MktCap hydrogen trucks, merges into DCRB.
EVLV+9% Evolve $1.5B crowd safety screening (Bill Gates backed) merges into NHIC. CELU+19% Celularity $1.5B placental stem cells, merges into GXGX. (MMMB MamaMancini $0.1B frozen food.
RGC Regencell $0.1B HK neuro TCM. UK: FWD Forward Partners $0.1B VCT.)
M&A R9: ZM-2% Zoom Video buys FIVN+6% Five9 cloud/SaaS/CRM for $15B.
IR-4% Ingersoll-Rand confirmed it will acquire SPX Flow FLOW+24% for $4B.
News: NCLH-5% CCL-6% RCL-4%: ruling to keep restrictions; reopen Delta risks: AAL-4% BA-5% PLNT-5% FUN-6%; at-home: PTON+7% DASH+5% KR+4%.
Yields fall, hits banks JPM-3% C-3% BAC-3%; oil hits FANG-6% MRO-5% SLB-4%.
Barron’s artice on synthetic biology boom, includes AMRS+10% ZY+3% SRNG=.
Barron’s sees upside in SAP+2%: moving to cloud; and CHWY+7% petcare.
IBKR-1% new flat £/€3 per trade up to £/€6k value) for stock trading in Europe.
(WRAP+4% BolaWrap remote handcuff gun: police restrain safely from distance.)
Ratings: BoA ups SQSP+2%. GS ups AA-4% to Conviction Buy; and OPCH+1%; cuts APR-5%. Cannacord cuts CAHPF-11%. New Buys: Wolfe BNTX+5%. MS WIX+5%. JPM DOCS+4% FA+1% (GLUE+3%). Susqh STEM+3%. Jef SKIN-5%.
Capital r0: (NVVE+7% stock filing. RCAT-42% sold $0.05B stock).
Earnings Movers by sector/impact: Tech XLK-1.4%: IBM-1%> +4%AH. karo-5%. Industrials XLI-2%: Jbht-3%. From y'day: ATCO.se=. Yar.no-1%. Materials XLB-2.1%: PPG-3%> -5%AH. stld-3%. Copper-3%, Lumber+3%, Iron-1%, Gold=, Agri-1.2%. Consumer Cyclical XLY-1.1%: Tsco-4%. cck-2%> +4%AH. an+4%. From y'day: Brbry.L-1%. Financials XLF-1.4%: zion-4%. From y'day: SCHW-3%. STT-6%. Healthcare XLV-1%: ntra-6%. Property VNQ-1.7%: PLD=. els-1.5%. Consumer Staples XLP-0.3%: calm-4%.
Other sectors: CommcnS XLC-1.5%. Energy XLE-3.5%, Oil-7%. Utilities XLU-1.6%.
World Stocks' Quarterly EARNINGS: July19Mon: R8 $900B MktCap (value):
IBM' PLD, PPG' HDB) Tsco, Dg. Assa. Jbht' HclT) cck' stld' ntra, an, els' sgsn. nmlk. indt. calm, karo' zion pacw wtfc fnb sfbs admp optt dit
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustmts
Mon turnover leaders: $300B~ value.
AAPL Apple -2.69% NVDA Nvidia +3.41% TSLA Tesla +0.31% MRNA Moderna +9.48% AMZN Amazon -0.67% MSFT Microsoft -1.33% BA Boeing -4.94% FB Facebook -1.23% AMC AMC Entertainmt -0.97% BABA Alibaba -1.50% NIO Nio +1.29% GOOGL Alphabet Cl A -1.88% AMD Adv Micro +0.80% JPM JP Morgan -3.25% BAC BoA -2.61% SPCE Virgin Galactic +7.28% V Visa -3.11% AZN Astrazeneca -0.55% DIS Walt Disney -3.55% MA Mastercard -5.60% ZM Zoom Video -2.15% FIVN Five9 +5.92% SHOP Shopify +2.04% C Citigroup -2.72% XOM Exxon -3.44% CRM Salesforce -0.37% CCL Carnival -5.74% SQ Square -1.61% WFC Wells Fargo -2.78% MU Micron Tech -0.57% CVX Chevron Co -2.70% T AT&T -1.94% NFLX Netflix +0.37% NVAX Novavax +12.78% PYPL Paypal +0.07% GS Goldman Sachs -2.76% F Ford -2.42% WORK Slack Tech +1.03% GE General Electric -4.38% BRK.B Berkshire -1.89% UAL United Air -5.54% BNTX Biontech +4.83% GM General Motors -2.31% INTC Intel -0.60% PTON Peloton +7.14% MS Morgan Stanley -2.08% DAL Delta Air -3.74% TWTR Twitter -0.59% UNH Unitedhealth -2.54% AAL American Air -4.14% CAT Caterpillar -2.34% FCX Freeport-Mcmoran -2.41% ABNB Airbnb -1.81% HD Home Depot -0.83% TSM Taiwan Semi -0.34% PDD Pinduoduo -2.57% CYTK Cytokinetics +40.41% AEHR Aehr Test Systems +87.94% NRXP Nrx Pharmaceuticals +45.31%
July 16 Friday - Summary:
Stocks SPY-0.8%, Bond TLT-0.2%, EEM-0.8%, SmC IWM-1.2%, SpecT ARKK+0.1%
Retail sales +0.6% e -0.6% (prior -1.7% was -1.3%). Ex (weak) autos +1.3% (e +0.3%)
UoMi prelim Consumer Sentiment 80.8 (e86.3) 85.5. High was 99.3, 1 year ago.
Rising Delta (new dominant variant from IN) CoV cases hurt reopen sentiment.
IPOs R10! (flood): BLND+16% $5B Blend Labs mortgage e-bank. ERAS+9% Erasca $2B cancer bio. BLFY+29% $2B Blue Foundry Bank. (STVN-8% $0.8B Stevanato S.p.A. vials. IMGO+2% $0.5B Imago bone bio. TCRX-30% Tuscan cell bio $0.3B. RGC+10% $0.1B Regencell bio.) BRDG-2% $2B Bridge Inv't REIT.
BZ: CBAV3 Co Brazil Alumin $5B~ MktCap. HK: Kindstar $1B pathology. (Global New Mater'ls $0.8B chem. CN Genrl Edcn $0.3B. Kangqiao $0.5B REIT.)
News: INTC-1.5% Intel looking to acquire GlobalFoundries for $30B - WSJ.
MRNA+10% Moderna RNA will join the S&P500 SPY, on July 21.
BNTX+5%: FDA positive on BioNTech's vax for 16+ year olds.
ALK-4% warns. DIDI-3% CN probe deepens. FGEN-42% blood drug denied.
MESO-5% CoV med results.
Ratings: GS us IHRT+2%, LYV-2% RIO-4% analyst day. BoA ups OLN-1% WLK-4%, cuts LYB-4% DOW-3%. . SF ups DNOW+4%. Benchmark ups DHR+1% TMO+1%. Baird ups CTAS+5%. Citi ups AA-5%. Loop ups HNST+2%.
New Buys: Needham SKYT+11%. MS MAXR+2%. RJF REG+2%. Blair NCN+3%. BTIG CYRX+2%. Opph NKTX+3% (MYPS+7%). New Sell: BNP WOOF-4%.
Macq cuts TRQ-15% CoV lockdowns. MS cuts TME-6%. (Riley ups ZYXI+11%. DB cuts GSL-4%.)
Capital r2: (BRYN+12% sold $0.1B stock.) EVRI sold $0.4B notes.
Stock offer filed: ASTR-7%. ORGN-6%. (PWP-3%. JZXN-13%.)
Mixed securties filing: ADT-2%. (BTBT-11% crypto. ORMP-3%.) M&A: r0
Spec: BTC+3% ETH+1% DOGE-5%; COIN= RIOT-3% GLXY+3% SI-2%; TSLA-1% SQ+1%; AMC-3% GME+1% BB-4% BBBY-2% SOFI-4% NIO-2% SPCE-5% BYND-3%.
Earnings Movers by sector/impact: Tech XLK-1%: From y'day: ERIC-11%. TSM-1.5%. Financials XLF-1.4%: SCHW-2%. STT-3%. From y'day: MS-1.5%. BK+1%. Usb-3%. Tfc:3%. Pgr+1%. Expn.L+1%. homb-4%. Industrials XLI-0.9%: ATCO.se+2%. Yar.no-5%. From y'day: Ctas+5%. Healthcare XLV-0.4%: From y'day: UNH=. Materials XLB-1.5%: Copper+0.3%, Lumber=, Iron-1.7%, Gold-1%, Agri+0.3%. From y'day: Aa-5%. Consumer Cyclical XLY-1.2%: Brbry.L-5% analyst day. (From y'day: aout-21% guns)
Other sectors: Comm'c'n Servc XLC-0.6%. Energy XLE-2.8%, Oil+0.2%. Consumer Staples XLP+0.2%. Utilities XLU+1%. Property VNQ=.
World Stocks' Quarterly EARNINGS: July16Fri: R7 800B MktCap (value):
SCHW, ERIC. CFR. ATCO. STT, Brbry. Yar. Ksu, shb. fhn, aliv. sand,
-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustmts
Fri turnover leaders: $250B~ value.
AMZN Amazon -1.62% AAPL Apple -1.54% NVDA Nvidia -4.17% MRNA Moderna +10.41% TSLA Tesla -1.20% MSFT Microsoft -0.12% AMC AMC Entertnmt -4.94% FB Facebook Inc -1.03% AMD Adv Micro -1.29% BA Boeing -2.41% BABA Alibaba -1.22% NIO Nio -2.04% GOOGL Alphabet Cl A -0.07% BAC BoA -2.50% SQ Square +0.95% JPM JP Morgan -2.27% CRM Salesforce +0.34% SPCE Virgin Galactic -4.63% AZN Astrazeneca -0.35% ALXN Alexion Pharm -0.47% XOM Exxon Mobil -2.82% NFLX Netflix -2.31% SHOP Shopify -0.02% V Visa -0.19% SNAP Snap -1.98% DIS Walt Disney -2.58% MU Micron Tech -2.50% TSM Taiwan Semi ADR -1.65% ORCL Oracle Corp +1.47% PG Procter & Gamble +1.11% C Citigroup -2.26% PYPL Paypal -0.51% CVX Chevron -2.66% BNTX Biontech Se ADR +4.72% WFC Wells Fargo & Company -1.64% INTC Intel -1.65% HD Home Depot -0.35% MS Morgan Stanley -1.53% ROKU Roku Inc -1.56% TWTR Twitter Inc -2.44% CCL Carnival Corp -4.87% AMAT Applied Materials -3.80% UNH Unitedhealth -0.10% GS Goldman Sachs -2.30% CAT Caterpillar -1.62%
July 15 Thursday - Summary:
Stocks SPY-0.3%, Bond TLT+1.1%, EEM+0.2%, SmC IWM-0.5%, SpecT ARKK-1.4%
Tech overbought: finally fails to rally with bonds: QQQ stretched vs Smallcaps.
10ET: St Louis Fed' Bullard calls for taper end now. 11ET: Evans sees 2021 taper.
Wk Jobless -26k to 360k e360k. IP+0.4% e0.7%. Empire 43 e18. Philly Fed 22 e28.
4ET: Saunders was 2nd BoE voter (Ramdsen y'day) wanting UK taper=> gilt-0.5%.
AUD-0.9% AU jobs 29k e30k. CLP-1.4% CL rates +0.25% to 0.75%. CN GDP+7.9%.
CN starts trading its Carbon Emissions OTC market: 2k firms; GFE futures soon.
IPOs R10! (flood) SGHT+40% Sight Sciences $1.5B MktCap eyeTech. FXLV+3% F45 gyms $1.5B MCap. MCG-9% Membership Collective $2.5B clubs. RPID+7% Rapid Micro $1B pharma QA. PECO-1% Phillips Edison $2B Mall REIT. SERA-25% Prognostics $0.4B natalTech. MKFG-11% Markforge $2B 3D printing merger into AONE. HLMN-1% $2B MCap builder tools merger into LCY. ENVX-13 $1B MktCap EV battery merger into RSVAU. & 2 new SPACs: UPTDU, CLAQU.
(QUBT Quantum Computing $0.2B, up-listed from OTC to Nasdaq main mkt.
PT: GVOLT Greenvolt $0.5B renewables utility.
HK: Betterlife $0.5B car dealer. Medlive $3B doctors drug app. .
News: MRNA+5%> +7% more AH: Moderna RNA into S&P500 (ALXN out: M&A).
BIIB-7% Biogen hit by bans / FDA blowback on its Alheimers drug Aduhelm.
TFX-10% on medcare payment changes. AZN-4%: UK OK's ALXN M&A July 21.
NFLX-1% hires FB exec to expand in video games: drags TTWO-2% ATVI-2%.
ATD.B+6%, COUP-10%: analyst days. ROST-1% CFO poached. LC-1% $18m FTC fine. EVGO+15%: named a GM Preferred Provider. GLPG-13%: psoriasis trial.
Ratings: Mizuho likes SQ-2%: early in DLT, 'like JPM 150 years ago'. Citi ups EADSY-1% Airbus, AMD-2% to = : in servers (AWS, GOOG). DB ups IHG= hotels. GS ups WY=; cuts KNBE-9% BCC-5% LPX-3%. JEF ups MAC+1%, cuts UBS=. RJF ups DAL+2%. MS ups BOSSY=. CIBC ups GIB+1% IT svc. Wells ups IDA+3% utility. Wolfe ups PCAR+1%. Cantor cuts SAVA-15%. HSBC ups SCCO=. Mizuho cuts NXPI-4%, MCHP-4% to =. BNS cuts CVI-4% EOG-3%. New buys: Cowen ALLK+4% bio. BoA GPRE+6% ethanol. Seaport EOSE+5% batteries. Evercore DAR+2%. Barc MT+1%. Riley THRY-3%. Seaport TPIC-5% wind. SF SEAS+3%.
Capital r2: CHPT-5% sold $0.4B vendor equity. LB-1% sold $0.7B vendor equity.
SHLS-3% sold $0.2B stock. Secondary offers: OLK+2% $0.2B July19. (AFIB -9% sold $0.1B stock. IMUX-21% sold $0.05B stock. IMV-28% sold $0.02B stock) CE+1%: $1B buyback. Mixed securities: IEP= $1.2B. MGI+2% sold $0.4B notes.
M&A r3: SPB.T= $0.2B gas utility buy. AIG+4% buys $2B BX+4% life retiremt biz.
UCBI=/RBNC $3B regional banks. SPAC plans: HeartFlow: Q4 merge into LGV.
NLOK cyberSec may buy Avast.
Spec: BTC-5% ETH-4% DOGE-6%; COIN-2% RIOT-1% GLXY-9% SI-2%; TSLA= SQ-2%; AMC+8% GME= BB-1% BBBY-1% SOFI+3% CLNE-3% NIO+1% SPCE-4%.
Earnings Movers by sector/impact: Tech XLK-0.8%: TSM-5%! Taiwan Semi: margins miss, expects chip shortage over: hits NVDA-4%. WIT Wipro-1.5%. From y'day: INFY-1%. etwo=. Financials XLF+0.3%: MS= Morgan Stanley: new woman CEO. Bank NY BK-1%. Usb+3%. Tfc+3%. Pgr-3%. Expn.L+2%. wabc+1%. pbct+1%. homb-1%. From y'day: BAC= BoA. WFC=. Wells Fargo. C= Citi. Blackrock BLK=. Pnc+1%. Industrials XLI+0.2%: Ctas-3%. From y'day: DAL+2%. Healthcare XLV-0.4%: UNH+1% #1 health insurer. Materials XLB=: Copper+1%, Lumber-7% limit, Iron+1.5%, Gold=, Agri+0.3%. Aa Alcoa-2%.
Other sectors: Consumer Cyclical XLY-0.5%. Comm'c'n Servc XLC-0.7%. Energy XLE-1.4%, Oil-1.3% (KSA/UAE deal likely; stretched). Consumer Staples XLP+0.4%. Utilities XLU+1.1%. Property VNQ+0.1%.
World Stocks' Quarterly EARNINGS: July15Thu: R9 $1,700B MktCap (value):
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-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustmts
Thu turnover leaders: $250B~ value.
AAPL Apple -0.45% TSLA Tesla -0.43% AMZN Amazon -1.37% NVDA Nvidia -4.41% AMC AMC Entertmt +7.69% MSFT Microsoft -0.52% FB Facebook -0.91% MRNA Moderna +5.28% AMD Adv Micro -2.38% NFLX Netflix -0.91% GOOGL Alphabet Cl A -0.96% BABA Alibaba +1.54% TSM Taiwan Semi -5.51% BA Boeing -0.75% V Visa Inc +1.04% NIO Nio +1.46% BAC Bank of America 0.08% SPCE Virgin Galactic -4.02% CRM Salesforce-2.00% JPM JP Morgan Company +0.22% SHOP Shopify -1.47% SQ Square -1.61% ORCL Oracle -2.31% AZN Astrazeneca Plc ADR -4.75% ALXN Alexion Pharm Inc -3.27% WFC Wells Fargo & Company +0.11% UNH Unitedhealth +1.28% PYPL Paypal -1.41% DIS Disney +0.40% ROKU Roku Inc -1.69% C Citigroup +0.41% HON Honeywell +2.21% MU Micron -2.00% MS Morgan Stanley +0.18% INTC Intel -1.26% TWTR Twitter Inc -3.13% BIIB Biogen -6.79% ADBE Adobe -0.44% DOCU Docusign +0.57% CCL Carnival -2.79%
July 14 Wednesday - Summary:
Stocks SPY+0.2%, Bond TLT+1.1%, EEM+0.5%, SmC IWM-1.5%, SpecT ARKK-3.3%
Fed Chair Powell's semiannual testimony on monetary policy to the House Financial Services Committee (also in Senate Thurs) held no surprises. Markets go along with transitory inflation (lumber, gas, cars, wages, rent, healthcare).