Investing Overview: July 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):

TSM!) MS, UNH, BK, Inve. Wit) Frcoy) Usb, Ctas, Tfc, Pgr, Expn. Pghn. Seb.a. Wpl) Largan) Aa' Tkwy. barn. akrbp. ork. saga.a. cast. beij. has. sbb. alif. wns, vlrs' wal pbct mrtn homb aout thtx nept aehr

-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).

PPI+1% e0.6%. Fed's Beige Book noted supply/labor shortages, delivery delays.

NZD+1%: RBNZ held rates at 0.25%, but stops QE this Friday. BoC cut QE 1/3.

AAPL+2% Apple new highs: +20% iPhone production plan, helped suppliers.

GOOG+1% fined $0.6B by FR Competition Authority: publishers news payments.

AIG+6%AH sells $2B life/retirement unit to Blackstone BX+3%AH.

OTLY-3% Oatly drinks rejects all accounting claims by short seller Spruce Point.

MJ-5%: Sen. Shumer says not enough votes for weed legalization bill yet.

SPAC ONDS+7%: target American Robotics gets big oil co order.

SPAC SRAC-10% gets $8m SEC fine on misleading info on Momentus.

(CPLG+22% sells noncore hotels,wants M&A. SD-5%:CEO leaves for opportunity.)

Ratings: DB ups PK+1% hotels, ALC= eyetech. GS ups brands: LEVI+4% LULU+2% RL-1% PVH-1 YETI-1% RERE= KTB+1%; cuts CSPR TGR VFC. Citi ups AAL+3%. Wolfe ups JNPR+2%. JPM ups NOK-1%, DTM+2 to buy. CL King ups CMP+13% after Li find. JEF ups RHHBY=. RJF ups NWL+2% & EL+1% to Strong Buys, ups ULTA+1% ODFL=, cuts CHD=. Benchmark new buy HIBB-1% fashion. (Cannacord ups FREE+7% food.) Wedbush cuts PTON-5%. Wolfe cuts HFC-4%, PBF-11% on debt. KBW cuts HLI-3%. BoA, SF cut CAG. CS cuts PEP+1%. Blair cuts LII-8%: CEO retires. Blair, Opph cut GKOS-21%: medicare. (CIBC cuts PDS-9%)

M&A r0: AVGO-0.5% gave up interest, after SAS changed its mind on talks.

IPOs r2: (IINN Inspira respiratory bio IL $0.05B.) (brackets => under $1B MCap)

UP+16% Wheels Up private jets $2B MktCap merger with ASPL SPAC.

UK: SSIT Space Inv't Trust $0.2B.

Capital r1: CLDX-2% bio sold $0.3B equity. LMAT-9% bio sold $0.05B equity.

ALLY= $2B buyback, raises div'd. CHPT-6% ChargePoint to sell $0.3B tonite.

(IMRA-17% bio sold $0.05B equity.)

Earnings Movers by sector/impact: Financials XLF-0.5%. BAC-2.5% BoA slow loans. WFC+4%. Wells Fargo beat &raise. C= Citi mixed. Blackrock BLK-3% Fink cautious. Pnc=. From y'day: JPM=. GS=. Frc=. wafd+4%. Tech XLK+0.7%: INFY+2%. etwo-1%. Consumer Staples XLP-0.9%: From y'day: PEP+1%. Cag=. Comm'c'n Servc XLC-0.1%: From y'day: Amx+6%. Industrials XLI=: DAL+2%. From y'day: Fast=. Healthcare XLV=: From y'day: ango-4%. nrix-2%. ogi-10%.

Other sectors: Consumer Cyclical XLY-0.2%. Materials XLB-0.2%: Copper-0.5%, Lumber-7% limit, Iron-1%, Gold+1%, Agri+1.1%. Energy XLE-3%, Oil-2.8% (CN imports, API, EIA, Opec). Utilities XLU+0.9%. Property VNQ+0.8%.

World Stocks' Quarterly EARNINGS: July14Wed: R9 $900B MktCap (value):

BAC!, C, WFC, BLK, INFY) DAL, Pnc, Bdev. gjf. tel2. magn. bbri) ozk, etwo, kog. aza. entra. stb. entra, afry. dnlm. mpi. 5b8) bbni) wina eqos cidm

-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustmts

Wed turnover leaders: $200B~ value.

AAPL Apple +2.41% TSLA Tesla -2.27% AMZN Amazon +0.12% NVDA Nvidia-2.02% MSFT Microsoft +0.54% FB Facebook -1.27% AMC AMC Entertnmt -15.04% BABA Alibaba +0.95% BAC Bank of America -2.51% GOOGL Alphabet Cl A +0.70% SPCE Virgin Galactic -12.42% BA Boeing -1.64% AMD Adv Micro Devices -1.34% NFLX Netflix +1.34% C Citigroup-0.29% NIO Nio -4.25% MRNA Moderna +4.89% JPM JP Morgan -0.34% WFC Wells Fargo +3.98% V Visa +1.50% SHOP Shopify -3.53% QCOM Qualcomm +1.82% MA Mastercard +1.85% CRM Salesforce -0.65% TWTR Twitter +0.96% SGOC Sgoco +37.64% SQ Square -1.01% UNH Unitedhealth -0.91% AZN Astrazeneca -1.34% TSM Taiwan Semi +0.40% XOM Exxon -2.22% DAL Delta Air -1.57% ROKU Roku -3.31% KO Coca-Cola +2.25% GS Goldman Sachs -0.42% ABNB Airbnb -3.01% XELA Exela Tech -7.83% ORCL Oracle +1.39% PTON Peloton -5.42% MS Morgan Stanley -0.80% AAL American Air +3.00% COIN Coinbase -5.50% CVX Chevron -1.89% ZM Zoom Video -4.70% PDD Pinduoduo -2.79% SNOW Snowflake -4.57% RBLX Roblox -5.77%

===

July 13 Tuesday - Summary:

Stocks SPY-0.3%, Bond TLT-0.8%, EEM+0.1%, SmC IWM-1.8%, SpecT ARKK-1.9%

Bonds spiked around hot CPI 0.9% e0.5%; sank-1.5% on heavy $24B 30Yr auction.

CN trade surplus $51B (e$44B), Exports +32% YoY (expected 23%; prior 28%).

Analysts surveyed by FactSet expect SPY co profits +64% in this 21Q2, over 20Q2.

BA-4% Boeing slows production of 787 Dreamliner to less than five per month so it can fix fuselage issue and other rework; delivers~half of 787 inventory in 2021.

AAPL+1% offers monthly installments for all Apple Pay purchases => AFRM-10%.

FB= capped by new book “An Ugly Truth” on its avoiding regulation responses.

NOK+10% Nokia raises guidance, helped by Huawei 5G sanctions; more on Jul29.

Ratings: Wolfe upgraded BA to Neutral. FB= downgraded to Neutral at OTR.

JPM ups DCT+7% insurTech. GS ups OKTA+1% cloud. BMO ups EA+1% games.

Needam ups RDWR+2% cyberS. Barc ups RDSA-0.5% oil. Argus cuts UAL-4%.

JPM cuts SPNS-3% insurtec. AMAM+6%! gene bio, new buy: GS BAML Cowen Susq; IPO'd in June. IPSC+3% cell bio, new buy at BAML JPM Piper. CMPS+4% mental bio, Citi new buy. NSP+1% staff, Blair new buy. TRMR+1% adtech, at JMP RJF SF Needham. PNR-1% pumps, new buy at Boenning. CN Rensc ups BILI+3%.

Sellside/events: BTIG Software. Cowen Cannabis Policy. Ladenburg Thalman Healthcare. William Blair Biotech. Bloomberg Sustainable Biz Summit.

M&A: MIDD+1% Middleby won't raise bid to acquire Welbilt WBT-7% foodTech.

SPAC IVAN-4% will merge (convert) with SES: EV batteries $4B MktCap.

IPOs r1: UNCY+17% Unicycive kidney bio $0.1B MktCap. & 1 SPAC, ARYE.

SLI+16%! Standard Lithium CA: ADR extra listing, $1B MktCap.

UK: BUMP Seraphine $0.1B apparel.

Capital r2: secondary offers: CHPT-10%: ChargePoint $0.3B. GATO-20% Slvr $0.1B. SHLS-14% solar $0.4B. AFIB= heart bio $0.1B, was -10%. TWO-9% RMBS $0.3B. BRYN+8%! defTech $0.05B. ISEE+5% bio, priced $0.5B secondary.

Mixed securities offers: CALT-3% VFF-2%.

Spec: BTC-2% ETH-4% DOGE+4%; COIN-2% RIOT-4% GLXY= SI-5%; TSLA-3% SQ-1%; AMC-8% GME-5% BB-2% BBBY-2% SOFI-3% CLNE-5% NIO-3% SPCE-7%.

Earnings Movers by sector/impact: Financials XLF-1.1%. JPM-1.5% despite trading beat & bonds weak. GS-1% Goldman Sachs also beat. Frc=. wafd-1%. Consumer Staples XLP=: PEP+2%. Cag-5%. Comm'c'n Service XLC-0.3%: Amx=. Industrials XLI-1%: Fast-2%. Healthcare XLV=: ango-3%. nrix-3%. ogi+11%.

Other sectors: Tech XLK+0.4%. Consumer Cyclical XLY-1.2%. Materials XLB-0.9%: Copper-0.8%, Lumber-8% limit, Iron+3%, Gold+0.1%, Agri+0.3%. Energy XLE-0.8%, Oil-1.7%. Utilities XLU-0.8%. Property VNQ-1.4%.

World Stocks' Quarterly EARNINGS: July13Tue: R9 $1,000B MktCap (value):

JPM!, GS, PEP, Amx' Fast, Cag, Frc, dnb. qnbk. indusi) nod. atz' tka. tz7) gxi. bc. nyf. ango wafd scr ogi adib. krus aspu emis. Q2 busy 6wks main earnings begin

-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustmts

Tue turnover leaders: $200B~ value.

AAPL Apple +0.71% TSLA Tesla -2.62% AMZN Amazon -1.07% MSFT Microsoft +1.32% NVDA Nvidia -1.29% BA Boeing -4.24% FB Facebook -0.29% BABA Alibaba +1.96% AMC AMC -7.89% JPM JP Morgan -1.43% SPCE Virgin Galactic-7.08% AMD Adv Micro -0.67% GS Goldman -1.19% XELA Exela +24.50% DIS Disney -0.34% NIO Nio -3.00% AHPI Allied Healthcare +126.26% PYPL Paypal -0.57% GOOGL Alphabet Cl A +0.29% BAC BoA -1.93% SHOP Shopify +1.50% MA Mastercard +2.13% SQ Square -0.81% NFLX Netflix +0.66% PEP Pepsico +2.37% JD Jd.com +4.44% MU Micron -1.42% ROKU Roku -1.45% OSAT Orbsat +39.43% MRNA Moderna -1.75% BIDU Baidu ADR +2.32% ABNB Airbnb -2.26% NOK Nokia +9.50% RBLX Roblox -2.72% UAL United Air -3.91% UPST Upstart -8.12%

===

July 12 Monday - Summary:

Stocks SPY+0.4%, Bond TLT-0.1%, EEM+0.1%, SmC IWM+0.1%, SpecT ARKK-0.7%

Bond auctions: soft $58B 3yr; strong $38B 10yr. G20 approved global 15% co tax.

Tuesday: CPI, banks start earnings. 21Q2 falling rates hurt banks, and lenders are flooded with cash. Buyback hopes build. Wed: Powell testifies to Congress.

DIS+4%: "Black Widow" movie opened: $215m globally; ESPN+ sub fees to rise.

DIDI-7% confirmed CN cyberspace agency told app stores to remove its 25 apps.

Barrons likes AZN: AstraZeneca strong pipeline, after ALXN rare-diseases M&A.

MBUU+5%: Malibu Boats mentioned favorably in Barron’s: shortage, tech, brand.

CLDX+25%: early trial positive. Barrons: C+1% is cheap. ALB+6% green policy.

Sellside: CHTR-2% Charter Comm'c'ns downgraded to neutral at Bernstein.

CVX= Chevron rose on a weak energy day: initiated Outperform at BMO.

GS ups UPST+9% Upstart credit. DB ups AMG+2% funds. Citi ups IVZ+1% funds.

UBS ups AMR+5% mortgage. Guggenheim ups CVET+2% pets, HSKA+3% bio.

IPOs r2: SUNL= Sunlight funding home solar: SPAC merger, $0.4B MktCap. SPAC: GIW. TikTok $200B IPO on hold: CN risks.

BZ: TTEN3 Tres Tentos Agroindustrial SA $2B MktCap.

M&A r1: AVGO+1% Broadcom wants to buy SAS Institute software for~$20B.

CN antitrust regulator blocks Tencent TCEHY-3% plan to merge China’s top two videogame streaming sites, Huya HUYA-2%, and DouYu DOYU-8%.

L Brands LB+4% Aug3 split: Victoria Secret VSCO, Bath & Body Works BBWI.

TSLA+4% long awaited FSD Full Self Driving updates to 1m+ owners, since Sat.

SPCE-17%: Virgin Galactic flight sell-the-fact: Branson announced $0.5B offer.

CLOV+4%: was -4% on JPM downgrade. 36% Short Interest. AMC has 27% SI.

Crypto miners flee CN clampdown; G20 warns against unofficial 'stablecoins'.

BTC-3% ETH-5% DOGE-7%; COIN-2% RIOT-4% GLXY-5% SI-4% SQ+1%; AMC-8% GME= BB-1% BBBY+2% SOFI= CLNE-2% NIO+2% ARVL-4% WKHS-1% WISH-2%.

Sectors: Tech XLK+0.1%. Consumer Cyclical XLY+0.7%. Comm'c'n Svc XLC+0.7%. Industrials XLI+0.1%. Materials XLB+0.3%. Copper-0.5%, Lumber-6% limit, Iron+2.4%, Gold-0.1%, Agri+1.7%: WASDE. Energy XLE-0.2%, Oil-0.2%. Financials XLF+1%. H/C XLV+0.2%. Staples XLP-0.2%. Utilities XLU+0.3%. R/E VNQ+0.8%.

World Stocks' Quarterly EARNINGS: July12Mon: r0 $100B MktCap (value):

dmart) dph. kinv. bidi4 galp. almarai) cosmpsP) wihl. slp' voxx

-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustmts

Mon turnover leaders: $150B~ value.

AAPL Apple +0.79% AMZN Amazon -1.11% TSLA Tesla -2.50% MSFT Microsoft +1.32% NVDA Nvidia -1.28% BA Boeing -4.23% FB Facebook -0.30% BABA Alibaba +1.96% JPM JP Morgan -1.49% AMC AMC Entertnmt -7.65% SPCE Virgin Galactic -7.20% AMD Adv Micro Devices -0.61% GOOGL Alphabet +0.29% GS Goldman Sachs -1.19% DIS Disney -0.40% XELA Exela +25.07% PYPL Paypal -0.59% BAC BoA -1.90% NIO Nio -2.98% MA Mastercard +2.17% V Visa +1.88% AHPI Allied H/c +128.79% SHOP Shopify +1.45% PEP Pepsico +2.31% C Citigroup-1.54% JD Jd.com +4.58% WFC Wells Fargo -2.11% OSAT Orbsat +40.33% ABNB Airbnb Inc Cl A -2.24% COIN Coinbase -1.76% RBLX Roblox -2.91% UAL United Air -4.19% NOK Nokia +9.50% UPST Upstart -8.10% CCL Carnival -4.23% AAL American Air -3.93% DAL Delta Air -3.55% AFRM Affirm -10.45%

==

July 9 Friday - Summary:

Stocks SPY+1.1%, Bond TLT-1.4%, EEM+1.7%, SmC IWM+2.1%, SpecT ARKK+1.8%

PBOC cuts bank's RRR, unleashing $154B, offsetting crackdown & mid July tax annual payments. Takes effect July 15: first cut since April 2020. Helps stocks.

Biden signed Exec Orders: big tech antitrust, bank mergers; non-competes; 10 CNs co's added to human rights blacklist. CN may test Boeing BA+1% 737, to buy.

COST+1% monthly SS Sales+14% expected+11%. MAPS-4% stock offer filing.

KBH+3% doubles buyback. MAX-7% CFO resigns. MATX+9% ups guidance.

Sellside ratings: Cti ups DFS+6% to Buy. UBS ups STT+6%. BAML ups VST+3%.

GM+5% new Outperform at Wedbush: EV. V+1%: Openheimer OPY raises target.

MS ups NOV+6% to OvrWgt. DB ups TEX+6% to Buy. JBSS+4% on special div'd.

M&A: PE Thoma Bravo buys mail software STMP+64% $6B. PM buys VEC.L $1B.

CRUS+3% buys Lion Semi $0.3B. Stripe hired a law firm for $100B FinTech IPO.

Spec: BTC+1% ETH-2% DOGE+4%; COIN+4% RIOT-3% GLXY-1% SI+6%; TSLA+1% SQ+3%; AMC-4% GME= BB+2% BBBY+4% SOFI-1% CLNE+1% ARVL+1% SPCE-7%.

IPOs r1: RNAZ+32% $0.1B MktCap bio. SNTG+600% $0.1B MktCap CN loans.

Earnings Movers by sector/impact: Tech XLK+0.9%: From y'day: TCS(IN)-1%. dct-2%. Consumer Cyclical XLY+1%: From y'day: Levi+2%. Industrials XLI+1.6%: gbx+8%. azz+11%. Consumer Staples XLP+0.6%: From y'day: hele-2%. psmt+3%. Healthcare XLV+0.4%: From y'day: accd+3%.

Other sectors: Materials XLB+2%: Copper+1.5%, Lumber-3%, Iron-2%, Gold+0.3%, Agri+0.2%. Comm'c'n Service XLC+0.9%. Energy XLE+2%, Oil+1.8%. XLF+2.8%. Utilities XLU+0.2%. Property VNQ+1.5%.

World Stocks' Quarterly EARNINGS: July9Fri r0 $60B MktCap (value):

tryg. fabg. yasky) nanya) gbx, azz, utdUrb) licHs) aihs > Q2 earnings start July13.

-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustmts

Fri turnover leaders: $200B~ value.

AAPL Apple 1.26% AMZN Amazon -0.43% TSLA Tesla +0.50% NVDA Nvidia +0.65% MSFT Microsoft +0.17% FB Facebook +1.31% BABA Alibaba +2.95% AMD Adv Micro +1.33% NIO Nio -0.14% SPCE Virgin Galactic -5.22% BA Boeing +1.14% AMC AMC Entertnmt -3.59% SNOW Snowflake +7.67% SHOP Shopify +2.16% SGOC Sgoco +338.37% CARV Carver Bancorp +15.08% JPM JP Morgan +3.22% GOOGL Alphabet +0.35% BAC BoA +3.20% STMP Stamps.com+63.95% GM General Motors +4.83% PYPL Paypal +1.75% ROKU Roku Inc +2.56% SQ Square +2.45% ORCL Oracle Corp +2.82% DIS Walt Disney+2.45% COIN Coinbase +4.00% C Citigroup +2.61% MU Micron +2.01% SNAP Snap +6.44% TAL Tal Education +9.89% F Ford +2.99% XOM Exxon +1.85% BIIB Biogen -2.72% WFC Wells Fargo +3.66% BRK.B Berkshire +2.36% ABNB Airbnb +4.86% TSM Taiwan Semi +2.29% GS Goldman Sachs +3.60% NEGG Newegg Commerce +2.10% BIDU Baidu +3.06% PTON Peloton -5.04% JD Jd.com +3.75% SAVA Cassava Sciences -10.20% UBER Uber +3.11% FCX Freeport-Mcmoran +5.22%

==

July 8 Thursday - Summary:

Stocks SPY-0.8%, Bond TLT+0.4%, EEM-2.1%, SmC IWM-0.9%, SpecT ARKK-0.7%

Weekly Jobless 373k, e350k. Consumer Credit +$35B, e19B. NatGas+2.5%: Weekly inventories. Oil+1.8%: Weekly inventories (a day late due to July4 Mon holiday).

Stock pullback: 30Y yield 1.9% for first time since Feb, hurts value stock sectors.

ECB's long-awaited strategic review goes from its “close to, but below 2%” HICP medium-term inflation target, to a “symmetric 2% target” similar to the Fed.

Powell: semi-annual Humphrey Hawkins testimony to Congress on Friday.

Asia: Delta variant, slow/poor vax pain: JP extended lockdown to Aug 22, bans Olympics spectators. PBOC soon cuts RRR required reserve ratio for banks.

CN vax's:~50% effective. PFE= develops booster vax for dominant Delta variant.

FXI-3%: CN exodus of foreign investors: DIDI, VIE int'l listing crackdowns.

Rails KSU-8% NSC-7% CSX-6% UNP-4%, shippers SBLK-4% EGLE-3% fall: WSJ says Biden admin plans to review industry consolidation and aggressive pricing.

GOOG-1%: 37 US states sued: bought off competitors; restrictive on app store.

Sellside ratings: OSTK+5% REAL+5% ETSY+5% eCom: Needham new Outperform.

RBC downgrades homebuilders LEN-3% Lennar, DHI-4% Horton, TPH-7%. SCHW-3% Schwab downgraded by GS to neutral. GS ups FICO-1% TRU-1%. STLA-3%: cuts guidance. DB ups Roche RHHBY+1%. MKM ups RRC+4% CNX+3% NatGas. Miners FCX-4% FNV-4% lowered at BARC. GAN+15%, GPI+8%: guide up.

BTC-5% ETH-10% DOGE-8%; COIN-3% RIOT-5% GLXY-7% SI-4%; TSLA+1% SQ-4% Meme:AMC+6% GME= BB+1% BBBY-1% SOFI-2% CLNE+2% NIO-1% FUBO+4%

ARVL+5%: WSB posts: UK EV maker listed only in US, in March, $10B MktCap.

SPCE+17% on Branson's hype: July 7 space flight. IDYA-4% secondary priced.

CND+6%: SPAC's $5B crypto merger announced, with Circle Internet Financial.

IPOs r1: MTIQ+500% $0.2B MktCap cineTech. AGRI+23% $0.1B MCap agriTech.

Largest UK new listing y'day WISE+10% FinTech: $12B MktCap Direct Listing.

Earnings Movers by sector/impact: Tech XLK-1%: TCS(IN)-1%. dct-2%> -4%AH. Consumer Cyclical XLY-0.3%: Levi=> +2%AH. Consumer Staples XLP-0.4%: hele-6% guides lower. psmt+1%> +2%AH. Healthcare XLV-0.6%: accd-1%. Industrials XLI-1.4%: From y'day: msm-2%. Materials XLB-1.3%. From y'day: wdfc=. Copper-1.2%, Lumber-5% limit, Iron-4%, Gold=, Agri-0.7%.

Other sectors: Comm'c'n Service XLC-1%. Energy XLE-0.6%. XLF-2%. Utilities XLU-0.3%. Property VNQ-0.2%.

World Stocks' Quarterly EARNINGS: Jul8Thu: r2 $370B MktCap (value):

TCS) Svndy) Levi' Psn. dct' hele, gvc. omv. psmt' accd' chr. wall. dtg. szu. wosg. welci) lawsof) hpx) ntic bksc kshb kequ > Busy 1/2 of Q2 earnings start July13.

-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x %Adjustmts

Thur turnover leaders: $250B~ value:

AMZN Amazon+0.94%. AAPL Apple-0.92%. TSLA Tesla+1.27%. NVDA Nvidia-2.30%. AMC+6.37%. MSFT Microsoft-0.90%. BABA Alibaba-3.92%. FB Facebook-1.38%. SPCE Virgin Galactic+17.30%. NIO Nio-0.96%. BA Boeing+2.15%. AMD Adv Micro-0.88%. GOOGL Alphabet-1.13%. JPM JP Morgan-1.73%. GOOG Alphabet-0.69%. SHOP Shopify-3.74%. CARV Carver Bancorp+106.90%. BAC Bank of America-2.44%. MRNA Moderna+4.91%. SQ Square-3.57%. MU Micron-1.42%. PYPL Paypal-0.70%. NFLX Netflix-0.97%. ROKU Roku+0.30%. C Citigroup-1.77%. V Visa-1.41%. BRK.B Berkshire-1.84%. BIDU Baidu-3.74%. ORCL Oracle-0.58%. CRM Salesforce-1.06%. CMCSA Comcast+0.10%. WFC Wells Fargo-2.49%. UNP Union Pacific-4.38%. DIS Disney-0.01%. UBER Uber-2.32%. HD Home Depot-1.53%. XOM Exxon-0.45%. T AT&T-2.59%. ADBE Adobe+0.03%. SNAP Snap-4.87%. ALXN Alexion-0.47%. ZM Zoom Video-2.01%. COIN Coinbase-3.05%

===

July 7 Wednesday - Summary:

Stocks SPY+0.4%, Bond TLT+0.9%, EEM-0.1%, Sm IWM-0.9%, SpecTc ARKK-2.3%

Fed Minutes: awaiting "substantial progress" on goals; "well positioned" to taper.

Job Openings 9.2m, exp.9.3m. JETS-1.8% airlines weak on Delta variant growth.

IPO r7: WISE+10% $10B MktCap ePayments Direct Listing: LSE London record.

Sellside: SAM+3% Boston Beer jumps on CS upgrade on hard seltzer strength. Appliances WHR+2% MHK+2% new JPM top picks; LEN+2% PHM+2% TOL+2%: falling yields. ATI+5% alloys, VLRS+5%: BAML ups. PAHC-7% pets: BARC lowers.

Trump class-action against TWTR-2% FB-1% GOOG= YouTube, for censorship.

GNRC+1% Generac highs on Chilicon acquisition; drags SEDG-3% ENPH-4%.

FANG-4% OXY-3% HAL-3% slip on UAE holdout to boost its production.

DIDI-5% more exodus from CN stocks, on crackdown and investor anger.

MKTX-5% MarketAxess credit trading (40% of all) dropped 10% Y/Y to $11B/day.

STLD+5% Steel Dynamics: new buyback of $1B in additional shares.

DISCA-3% Discovery CEO exects more media M&A (execution risk discount).

Mixed securities shelf: SAVA+4% Alzheimer bio. Secondary offer priced: EFC-4%.

(ONCS+22% JV to combine with MRK+1% anti-cancer Keytruda in a global trial.

DARE+24% Gates Foundation JV: development of L/T reversible contraceptive.)

BTC= ETH+2% DOGE=; COIN+7% RIOT= GLXY-1% SI-2%; TSLA-2% BBBY-5% SQ-1%; AMC-9% GME-4% BB-5% SOFI-2% TLRY-3% CLNE-6% NIO-8% WISH-9%

NEGG+148% Newegg PC-assembly: new meme-stock flashmob gamma-attack.

Sellside events: Citi APAC Materials Day. UBS HK R/E. TD Securities Energy.

Earnings Movers by sector/impact: Tech XLK+0.6%. From y'day: Smart Global sgh+18%: JEF bullish comments. Industrials XLI+1%: msm+1%. Materials XLB+1%. WD40 wdfc+2%> +10%. Copper+1.5%, Lumber-1%, Iron=, Gold+0.4%, Agri-0.2%.

Other sectors: Consumer Cyclical XLY=. Comm'c'n Service XLC-0.2%. Energy XLE-1.6%, Oil-2.5% low on weekly data. Financials XLF+0.1%. Consumer Staples XLP+0.5%. Healthcare XLV+0.6%. Utilities XLU+0.6%. Property VNQ+0.4%.

World Stocks' Quarterly EARNINGS: Jul7Wed: r0 $50B MktCap (value):

msm, wdfc' aonny) bvs. fxpo. atrlj. kled. ntg. sar Main Q2 earnings from July13.

-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x%Adjustmts

Wed turnover leaders: $250B~ value:

AMZN Amazon+0.57%. AAPL Apple+1.80%. TSLA Tesla-2.26%. NVDA Nvidia-1.58%. MSFT Microsoft Corp+0.82. NEGG Newegg+148.42%. FB Facebook-0.65%. AMD Adv Micro-4.16. AMC AMC Entertnmt-4.89 -9.79%. NIO Nio-8.45%. BABA Alibaba-1.70. GOOGL Alphabet+0.23%. BA Boeing-1.85%. Shopify-1.16%. GOOG Alphabet Cl C 2,601.55 +6.13 +0.24%. PYPL Paypal+1.53%. JPM JP Morgan+0.12%. ORCL Oracle+3.62%. MU Micron-3.53%. SQ Square-0.84%. BAC Bank of America-0.80%. PLTR Palantir-7.25%. SPCE Virgin Galactic-3.00%. NFLX Netflix-1.05%. ROKU Roku-3.72%. C Citigroup-0.41%. XOM Exxon-1.56%. CRM Salesforce-0.72%. ADBE Adobe+1.49%. COIN Coinbase+7.03%. XPEV Xpeng-5.86%. UBER Uber-4.17%. NVAX Novavax-13.67%. SNAP Snap-5.69%. XELA Exela Tech+22.76%. MRNA Moderna-4.90%. BIDU Baidu-2.27%. F Ford-1.86%. WISH Contextlogic-7.91%. SNOW Snowflake+4.06%. CCL Carnival-3.76%.

===

July 6 Tuesday - Summary:

Stocks SPY-0.2%, Bond TLT+1.2%, EEM-1.8%, Sm IWM-1.4%, SpecTec ARKK-0.8%.

21H2 soft start. AUD bounced, RBA extends QE after Sept. ISM Services 60(e63).

RUB-1.3% with oil, & REvil hack gang demands $70m in BTC: cyber scourge.

CRWD+5% PANW+5% FEYE+4%. Weibo WB+6%: go-private news (says not true).

DIDI-19%: CN crackdown wasn't disclosed to US investors ($4.4B raised on Thurs from US/int'l investors: no other listing), makes CCP seem more devious threat. =>BZ-16% JD-5% BIDU-5%; likely delays Bytedance (TikTok) $250B IPO to 2023.

AMZN+5%: Pentagon canceled $10B billion JEDI cloud award originally given to Microsoft MSFT=. Today is 1st trading day of Andy Jassy (AWS) as Amazon CEO.

AAPL+1.5%: JPM stays Overweight, raises target to $170+5: fall iPhone 13 launch.

PFE-1.1%: Israel data suggested that Pfizer's COVID-19 vaccine was less effective in preventing contraction of the Delta variant versus previous strains.

FB=, GOOG+1%, TWTR+1% warned HK they'll stop offering their services there if authorities proceed with planned changes to data-protection laws, that make the co’s liable for doxing: malicious sharing of individuals’ info for harassement.

BTC= ETH+9% DOGE-5%; COIN-2% RIOT-2% GLXY= SI=; TSLA-3% SQ+2%; AMC-4% GME-2% BB+1% BBBY-3% SOFI-4% TLRY-3% CLNE-5% NIO= BYND-3%.

OXY-6% NOV-6% FANG-7%: UAE holdout risks to OPEC deal, & OPEC exit risk.

SPCE+3% 1st $250k space tourism flight: July11. Bezos':Jul20. AGS-6%:stock offer.

SPAC Merger: ALIT-7% Alight cloud-based HR solutions, $7B MktCap. No IPOs.

Mixed shelf securities offers: RNA-5% PLRX-5% GTHX-3% LTRN-6% MRTX-2%.

Sectors: Tech XLK+0.3%. Consumer Cyclical XLY+0.2%. Comm'c'n Service XLC-0.2%. Industrials XLI-1%. Materials XLB-1.5%. Copper-0.9%, Lumber+5%, Iron=, Gold+0.5%, Agri-3%. Energy XLE-3.3%, Oil-2%. Financials XLF-0.1%. Healthcare XLV-0.1%. Consumr Staples XLP-0.4%. Utilities XLU+0.4%. Property VNQ+0.8%.

World Stocks' Quarterly EARNINGS: July6Tue: r0 $60B MktCap (value):

Ocdo. tv, sbry. indu. fpar. sgh' leds, (Mon:0) > Q2 earnings flood starts on July13.

-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x%Adjustmts

Tue turnover leaders: $250B~ value: (No IPOs r0

AMZN Amazon+4.69% AAPL Apple+1.47% TSLA Tesla-2.85% NVDA Nvidia+1.03% MSFT Microsoft unch BABA Alibaba-2.82% FB Facebook-0.54% AMD Adv Micro-0.24% NIO Nio-0.22% GOOGL Alphabet+0.74% AMC-3.85% SPCE Virgin Galactic+3.05% SHOP Shopify+5.00% GOOG Alphabet+0.82% BA Boeing-0.23% JPM JPMorgan-2.62 -1.68% DIS Disney-3.42 -1.93% V Visa+0.41% BAC BoA-2.62% MU Micron+0.93% C Citigroup-3.12% SQ Square+2.33% CRWD Crowdstrike+4.91% NFLX Netflix+1.43% PYPL Paypal+0.83% INTC Intel-1.18% BSQR Bsquare+77.14% CRM Salesforce+0.83% ZM Zoom Video+3.14% PDD Pinduoduo-5.12% XOM Exxon-2.85% ROKU+1.13% FUTU-9.30% BRK.B0.64% BIDU-4.96% BLIN+36.34% ORCL+1.54% T-0.72% WB+6.32% MRNA-0.41% SNAP+0.83% JD-5.04% IBM-0.89% WFC-3.51% UBER-1.76% MRIN+18.97% UNH+0.22% F-2.88% NKE+0.23% CVX1.96% MA+0.29% JNJ-0.60% CSCO-1.05% AMAT-1.00% QCOM-0.97% HD1.07% ADBE+0.65% DOCU+3.36% CAT-1.95% GM-2.54% GE-3.29% PG+0.06% WISH+2.06% TSM+0.96% TWTR+1.46% WMT-0.12% CRNC+0.47% COST-0.02%

===

July 2 Friday - Summary:

Stocks SPY+0.7%, Bond TLT+0.6%, EEM-0.1%, Sm IWM-1%, SpecTec ARKK-0.8%.

Goldilocks NFP Jobs 850k, expected 700k; wages fall. July4Sun holiday Monday.

TSLA misses EV deliveries: 201k, e207k. LI-5% Li Auto Q2 deliveries +166%, beat.

SPCE+4% was+25%: Virgin Galactic next flight July 11, with founder Richard Branson: 11 days before Blue Origin’s July20 flight, that will include Jeff Bezos.

IBM-5%: Whitehurst steps down as President (was Redhat CEO): missed CEO.

UBER+2%, LYFT+1%: driver shortage: trying to make work more attractive -WSJ.

SWBI-13% RGR-6% VSTO-8% POWW-5% on fewest NICS (gun) checks in a year.

AVGO= (was +2%) on FTC monopolization charge. RIDE-11% on DOJ probe.

WISH-5% ContextLogic (meme stock) downgraded to In-Line at Evercore EVR.

HQY+2% HealthEquity initiated Overweight at Stephens. Recreational Vehicles RVs: THO-3% Thor: Underperform, WGO-4% Winnebago: Market Perform, CWH-6% Camping World Outperform, all new at Raymond James RJF.

SPAC listings: (merger conversions) AVPT AvePoint, SHCR ShareCare, EVGO.

CERE-16% Cerevel bio, secondary stock offer priced. Lower IPO quality lately.

CSSE-2% Chicken Soup, BSGM-5% BioSig: secondary stock offers announced.

CLVT= LEGN2% CCS-2% GLRE= mixed secondary securities offers announced.

Earnings Movers by sector/impact: Consumer Staples XLP-0.2%. From y'day: McCormick Mkc+1%. smpl+1%. Healthcare XLV+0.9%: From y'day: WBA-1%. afmd-3%. Industrials XLI+0.2%: From y'day: ayi+1%. lnn-4%. Materials XLB+0.1%. Copper+1.3%, Lumber-1%, Iron=, Gold+0.7%.

Other sectors: Tech XLK+1.3%. Consumer Cyclical XLY+0.9%. Comm'c'n Service XLC+0.7%. Energy XLE-0.2%, Oil+0.6%. Financials XLF-0.1%. Utilities XLU+0.2%. Property VNQ+0.3%.

BTC= ETH-1% DOGE-1%; COIN= RIOT= GLXY-2% SI-2%; TSLA= SQ=; BBBY-4% AMC-4% GME= BB-1% SOFI-1% TLRY-3% CCIV-3% CLNE-4% NIO-1% BYND-1%.

World Stocks' Quarterly EARNINGS: July2Fri: r0 $15B MktCap (value):

rykky) glj. wter > Q2 earnings start on July13.

-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x%Adjustmts

Fri turnover leaders: $200B~ value: (No IPOs r0

TSLA AAPL AMZN NVDA SPCE' MSFT AMD AMC, NIO FB BA GOOGL BABA MRIN// IBM, GOOG DIS MU ROKU AVGO SHOP JPM ALEC/// JNJ BLIN/// ORCL SQ BAC NVAX PYPL WMT MRNA NFLX WISH, CRM NKE ADBE LI, C BRK.B INTC ZM XPEV PDD APPS,, XOM T WBA ABNB PLTR V SNAP UBER CSCO AMAT MA F BIDU CVX QCOM UNH JD HD PG TSM REGN VZ COIN GM WFC GME CCL COST TWTR ABBV GS UPST TGT UAL MRK ANTM BKNG NTLA, ARWR,,, SQBG/// CAT ACN KO PINS CRWD VALE CRNC/ PFE AAL STAF// CMCSA LOW PLUG VIAC PEP SOFI COP PTON TAL, GE FUTU SBUX INTU CVS CLF UPS DASH AMGN GNRC BMY TMO LRCX CLOV, SCHW NSC ABT W MS LUV ETSY TXN X MDB CERN CSX OXY MSTR NOW COF RBLX WAVE/// AZN UNP FDX LLY TWLO DOCU RTX MCD FCX TATT// DKNG ICLR CMG CI ENPH DE SNOW CHTR EBAY WDAY FLT FISV RH EXPE TMUS SAM WKHS,, ASTR// NEM ASML PNC MRVL AA SWKS MDT VFC FUBO MAR DHR SPGI IT CVNA CCIV NEE HON MMM DVN CB SC AXP BILI KLAC DAL BIIB WYNN LIN PSA PBR TTD TLRY NCLH RUN VLO ADI CCI GILD PM VRTX PENN HLT ATVI LMT SAM Z

-Key: ^4%' ^9%/ ^20%// ^50%/// ^100%////  v3%, v8%,, v18%,,, v35%,,,,

====

July 1 Thursday - Summary:

Stocks SPY+0.6%, Bond TLT=, EEM-0.6%, Sml IWM+0.9%, SpecTec ARKK-1.3%.

ISM Manufacturing 60.6%-0.6% (exp: 61.0%): 13th straight month of expansion.

Weekly Jobless 364k (e 400k). Workers' hesitancy: CoV, retirees, UI expires Sept.

Construction spending -0.3% (e +0.3%; prior revised +0.1% increase (from 0.2%).

NonFarmPayrolls Jobs on Friday: expected 680k, Wages +0.4%. Mon July4 hol.

Monthly OPEC+ JMMC ends Friday (UAE holdout); likely +400kb/d from Aug-Dec (e 500kb/d). 1.9mb/d 21H2 shortfall likely. 4yr Oil futures => $20 discount!

CCP's July1 100th: Xi hailed CN boom; warned foreign countries can't meddle in China's internal affairs; said Taiwanese independence push would be crushed.

IPOs: DNUT+24% Krispy Kreme donuts $4B MCap. EVCM+4% EverCommerce SME SaaS $3B. HEPS+12% D-Market TK in-game items $3B. ASTR+4% Astra Space $2B. CURV+15% Torrid big fem apparel $2B. ABOS+26% Acumen Pharm neurodegen $1B. VRAR+152% Glimpse AR/VR SaaS $0.2B MktCap.

(& Listed in CA 2yr ago: HVBT Hive Blockchain $1B. & Listed in SE 1.5yr ago: WAVE+35% Eco Wave Power $0.05B) & 4 SPACs raised $0.8B.

Robinhood: fined $70m. Filed for IPO, symbol HOOD, likely $40B+ MktCap.

Micron MU-6%: Summit downgrade, peak pricing, supply shortage ease in H2. Peak demand: customers switched from just-in-time to just-in-case inventory.

NIO-4% XPEV-2% early climax highs on EV delivery data, then ended red.

CVAC-8% Curevac stumbles on 48% vax efficacy. PASG+13% RJF new outperf.

JNJ+1% vax effective on Delta: soon becomes dominant variant in US/EU.

FANG+6% OXY+5% MRO+4% SLB+3% oil hit $75, boosted by tighter OPEC.

HTZZ+23% was +59% then -27%: Hertz bankruptcy (was HTZGQ). $1B MCap.

130 countres agree on global minimum corporate tax, but still 9 holdouts.

Earnings Movers by sector/impact: Tech XLK+0.2%. From y'day: Micron MU-6%. Consumer Staples XLP-0.3%. McCormick Mkc=. smpl+2%. From y'day: Constellation STZ-1%. General Mills GIS-1%. Healthcare XLV+0.9%: WBA-7% despite beat. afmd-12%. Consumer Cyclical XLY-0.2%: From y'day: Yumc=. Bed Bath Bbby=. Comm'c'n Service XLC+0.8%. From y'day: sjr=. Financials XLF+0.8%: . Industrials XLI+0.7%: ayi-6%. lnn+4%. From y'day: unf-4%. epac-1%. Materials XLB+0.6%: From y'day: schn+1%. Copper-1.4%, Lumber+4%, Iron=, Gold+0.3%.

Other sectors: Energy XLE+1.7%, Oil+1.4%. Utilities XLU+1%. Property VNQ+0.4%.

BTC-4% ETH-7% DOGE-3%; COIN-5% RIOT-4% GLXY-7% SI-3%; TSLA= SQ-1%; AMC-4% GME-5% BB= BBBY-2% CLOV-7% SOFI-5% TLRY-1% CCIV-4% SPCE-6%.

World Stocks' Quarterly EARNINGS: July1Thur: r1 $170B MktCap (value):

WBA, H&M. Mck, Abf. ayi, sw. smpl, hni, lnn, mcro. arg. afmd, polr. ao. crn.

-TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x%Adjustmts

Thur turnover leaders: $250B~ value:

TSLA NVDA AAPL AMZN NIO, FB AMD MSFT MU, AMC, BABA DIDI/ MRIN// ROKU, BA GOOGL GOOG JPM PYPL XPEV ABNB NFLX NTLA' ICLR' NKE XOM MRNA INTC PLTR, SQ V WISH, WMT SPCE BAC WBA, CVX MA SHOP UNH AMAT, JNJ ORCL DIS BRK.B SNAP TSM GS ADBE CRM ACN UBER C RBLX, COIN, JD QCOM WFC HD CSCO PG CVS PFE PDD, TF OXY' ANTM REGN COP MRK LRCX KO GM MEDS/// TWTR ASML TXN FUTU,, VZ TWLO ETSY NOW FIS CRWD GE UPST MS PLUG VIAC LI ABBV CHTR CI COST NVAX PINS EBAY PEP CMCSA VALE, BIDU UPS TMO PTON ZM BMY GME, SNOW FANG' ABT SBUX BKNG NVCR,, ATHE/// UNP COF CAT AVGO FDX DE TGT FCX AMGN VRTX MCD O CCIV, CCL WDAY CMG ADI DHR CLF LOW MAR NEE ATVI AAL DASH BLIN// LLY UAL AXP PBR, INTU KLAC, DKNG DAL CCI LIN SWBI AMT ALGN XLNX EQIX MDT TPR BBBY IBM BAX CPOP//// OKTA SPGI X TMUS PLD PAYC LUV MSTR MRO' PXD EOG EL ZTS DOCU GILD MELI EXPE BYND EA MMM EDIT VLO CRSP, FTCH HDB SOFI, PM HON CSX NEM MRVL BIIB PENN FISV RH DVN ISRG ETN

-Key: ^4%' ^9%/ ^20%// ^50%/// ^100%////  v3%, v8%,, v18%,,, v35%,,,,

===