May 28, Friday - Summary: Stocks SPY+0.2, Bond TLT=, EEM+0.6, Smallcap IWM=, SpecTec ARKK-0.2%. Monday is Memorial day US holiday. This Friday beforehand was quiet. White House $6T budget proposal involves retroactive Capital Gains Tax. Deficit starts at $1.8T in FY2022, and reaches surplus after a decade. Markets shrugged. PCE Deflator Price Index: +3.6% (e3%; core 3.1%). Services inflation likely cools. BA-1.5%: Boeing paused 787 deliveries, on FAA safety standard demands Memes: AMC-1%, was+40%, BYND+2% GME-13%; SPCE=, SQ+1%, TSLA-1%. Crypto fell: BTC-7% ETH-9% DOGE-5%; COIN-4% RIOT-5% MARA-4% SI-6%. HKSE listed JD Logistics+3% on Friday: US$50B MktCap, spun off from JD.com. World Stocks' Quarterly EARNINGS: May28Fri: r2 $400B MktCap (value): MPNGY) GAZP. Na trnfp. elekta. big, fro, hibb, plus' recaf irao. adj. hapSe) ipca) desn. nbg. cwb cal mdna -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Thurs turnover leaders: $200B~ value: AMC TSLA NVDA AAPL AMZN CRM AMD FB MSFT BA GME PLTR BYND NIO F GOOG SPCE VTNR ABNB COST MRNA BABA GOOGL SQ BAC RBLX SNOW PLUG BB JPM NFLX COIN PDD SHOP HPQ DIS TLRY PG GE MA V T C ULTA PYPL BRK.B INTC XOM MU VALE ZM PTON WMT UAL NOW UPST CCL JNJ AAL KO MS MRK UNH DKNG HD AMAT ADBE ROKU AMGN QCOM == May 27 Thursday - Market Summary: Stocks SPY=, Bond TLT-0.4%, EEM=, Smallcap IWM+1%, SpecTec ARKK+0.8% Bonds fell early on NYT report of Biden wanting $6T infra spend in 2022. His budget proposal includes a retroactive Capital Gains Tax increase. Bonds drifted higher after auctions ended (with $62 bln 7-year notes). Daily Fed RRP (13ET) mopped up $485B, beating prior record, in Dec 2015. Data was mixed: Durable Goods Orders (-1.3%, e0.8; revision +1.3 vs 0.5 prior), Pending home sales (-4.4%, e1.5%), prelim Q1 GDP (+6.4%, same as advance est; PCE deflator 4.3, e4.1), weekly jobless (406k, e425k), weak NatGas inventories. Weak bonds helped regional banks KRE+1.7%; UPST+12% on AI bank lending. Strong IPOs today: FIGS+45% $6B MktCap medical apparel maker. OMIC+17% genomics sequencing $2B MktCap. DAWN+60% cancer biopharma $1B MktCap. Cathy Woods speaks at Coindesk's Consensus crypto event finale tonight. BTC+1% ETH+2% DOGE-2%; COIN+2% RIOT+3% MARA+2% SI+5%; SQ-1%; TSLA+2%. AMC+35% BYND+12% GME+5% on WSB pumps; SPCE+15% on broker buy; IWC +1.8% Microcaps: $50-300m MktCap. (Midcaps are $2B-10B MktCap.) Airbus+9% soon back to pre-pandemic production, lifts GE+7% BA+4% SPR+6%. F+7% on EV plan upgrade by RBC; GM+3% on plant restart: chips resolved. XOM-1% Exxon lost two board seats to activist investor Engine No .1 over its climate strategy, confirming growing primacy of ESG with DM investors. Main busy half of Quarterly earnings season, ends today (quieter next week). Monday is Memorial day US holiday. Usually Friday beforehand is quiet. Earnings Movers by impact: Tech XLK-0.5%: Salesforce CRM-2%> +5%AH. DELL=> -1%AH, & it's software spinoff VMWare VMW=%> -1%AH. Autodesk ADSK-2%. Hewlett Packard HPQ=> -6%AH. plan-13%. box-1%. domo+1%. yext-2%> +15%AH. From y'day: NVDA-1%. SNOW+4%. WDAY-3%. OKTA-10%. dxc+4%. ntnx+1%. apps+1%. pstg-1%. qada+4%. plab+4%. zuo=. ConsumerStaples XLP-0.6%: Costco COST=> -1%AH. Colgate Palmolive CL-1%. Dollar General DG+2%. DLTR-7%. olli=> +7%AH. safm-3%. afya+5%. From y'day: goto+5%. elf-4%. uvv-4%. hlg-5%. Consumer Cyclical XLY+0.4%: BBY+1%. Ulta=> +5%AH. Burl-1%. Gps+3%> -2%AH. ges+3%. amwd-7%. From y'day: PDD-3%. Li+4%. wsm=. dks=. cpri+3%. aeo+2%. anf+7%. dbi-4%. Healthcare XLV-0.2%: MDT-1%. Veev-1%> +4%AH. asnd+2%. prva+3%. From y'day: agl+9%. chng+2%. nxgn-13%. Communic'n Svc XLC+0.4%: athm= yy+1%. lgf+1%. From y'day-5%. Industrials XLI+1.4%: hhr=. From y'day: uhal-1%. ens+3%. cmco-1%. Financials XLF+1.2%: RY+2%. TD-2%. CM+4%. hlne-1%. qfin+3%> -2%AH. crvl+3%. From y'day: BMO+1%. bbar+4%. [& Energy XLE=, Oil+1%. Materials XLB+0.8%, Copper+3.3%, Gold=, Lumber-1%, iron+5%. Utilities XLU+0.7%. Property XLRE=.] World Stocks' Quarterly EARNINGS: May27Thu: R9 $1,900B MktCap (value): CRM' MDT, COST' DELL' VMW' ADSK' HPQ' DG, CL, MPNGY) RY, TD, CM, BBY, DLTR, Veev' Athm, Ulta' Burl, Gps' Plzl. Lnvgy) Jmat. plan, ntnx, asnd' olli' qfin' box' crlbf yy' lgf' av. uu. tate hydr. at1. sgapy) mayBa) sunPh) eicher) lumi. cimb) ges afya safm prva hlne crvl hhr domo yext amwd gco fanh mov titn thr Thur turnover leaders: $300B~ value: AMC// TSLA AAPL NVDA AMZN FB MSFT GOOG BA' PG SNOW' GOOGL F' BABA GME' CRM KO BYND/ ABNB' CSCO ABBV AMD WMT GE' UBER JPM DIS BAC OKTA,, NIO GM ACN WFC MS XOM MA BEKE MRNA RBLX/ TMO TXN BRK.B SQ MU INTC LLY PYPL NKE PDD, VZ PLTR COST NFLX BKNG LMT HON PTON SPCE/ TGT PFE ADBE CMCSA AMAT LRCX GS CZR LI' T C JNJ V PEP SHOP INTU MRK COIN MDT WDAY, MCD FUTU FCX DE CVX ABT HD ZM EBAY, LB TMUS ADP LYFT ISRG UPS SCHW DHR VTNR/// ORCL CRL LOW QCOM ILMN PLUG MELI VIAC XPEV TWLO TECH TFC RTX PLAN,, X' DASH' BBY CRWD KMB CCL OSH, ECL BILI AVGO AAL NVAX VALE AMGN CAT SAM, FIS UNH UPST/ DG FDX SBUX NOW FISV CB DLTR, ROKU IBM BMY AMT NEE UNP BDX HPQ CVS ANTM ZS SHW SRE USB ATVI TSM ODFL NXPI CHTR UAL JD HUM SNAP AZN GNRC SYK MPC OGE KMI ADSK CI RIOT NEM TME EQR BIDU COG LHX BSY CMI AXTA EXPD PINS JCI KR HBAN NCLH IQV TJX DKNG PPG DOCU LULU ROST LYB TDOC CLF' ADI EL COF CARR ZTS NET' W -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, === May 26 Wednesday - Market Summary: Stocks SPY+0.2%, Bond TLT-0.2%,EEM+0.7%,Small IWM+1.9%,SpecT ARKK+1.9% $61B 5-year note auction went well, but bonds unplugged soon after. Commodity downturns in Q2: iron, nickel, palladium, lumber, corn, cattle. XRT+3% Retail shines after earnings, and on reopening; airlines and cruises too. EV boom: FCEL+12% WKHS+12% QS+12% CHPT+9% BLNK+9% PLUG+7% BE+7% driven by Ford's Investor Day: F+9% says it will spend $30B by 2025, on EV cells; and says 40% of it's sales will be full EV by 2030. F150 & Mach-E are EV leaders. GME+16% on plans to cash in on NFT mania; & AMC+19% on meme frenzy. Retailer EXPR+26% another meme stock; SPCE+5% on Cannacord upgrade. BTC+2% ETH+7% DOGE=; RIOT+9% MARA+11% SI+5%; SQ+3%; TSLA+2%. Pharmacies weak: WBA-4% CVS-2%, on AMZN= plan for physical pharmacies. Earnings Movers by sector/ impact: Tech XLK=: Nvidia chips NVDA=> -1%AH. SNOW+2%> -3AH%. WDAY=. OKTA+1%> -4AH%. dxc=. ntnx+2%> -3AH%. apps+6%. pstg+2%. zuo+2%. qada=> -4AH%. plab-1%. From y'day: INTU+1%. ZS+12%. dv+1%. vsat+4%. vnet+4%. ramp+3%. Consumer Cyclical XLY+1%: PDD-6%. Li+14%. Strong retail: wsm+3%> +3AH%. dks+17%. aeo+6%. cpri+3%. anf+8%. cvco+6%. dbi+7%. From y'day: AZO-1%. TOL+4%. Jwn-6%. htht+1%. cbrl+1%. urbn+10%. sky+19%. Healthcare XLV-0.6%: agl%. chng%. nxgn%. From y'day: A=. bnr-9%. avah+2%. tmci+5%. Industrials XLI+0.3%: uhal+1%> AH-11%. ens+1%. cmco+1%. From y'day: hei=. eslt=. dy+4%. Consumer Staples XLP-0.2%: gotu-8%. elf+4%. uvv+1%. hlg-4%. Financials XLF+0.3%: Bmo+1%. bbar+2%. From y'day: tigr+13%. finv-6%. [& Energy XLE+0.9%, Oil+0.6%. Materials XLB=, Copper+0.2%, Gold-0.2%, Lumber-3%, iron-5%: Communic'n Svc XLC+0.7% Utilities XLU=. Property XLRE+0.2%.] World Stocks' Quarterly EARNINGS: May26Wed: R7 $1,100B MktCap (value): NVDA'! PDD) SNOW' WDAY' OKTA' Li, Xiacf) Bmo, Lkoh. Sse. bajajFs) fph) itrk. agl' wsm' uhal' dxc' cpri, dks, chng' ntnx' apps' pstg' aeo' gotu, ens' anf, cvco' mks. bab. blnd. mdc. azrg. fcg) mft) alq) pchem) yuanta) bergerP) gail) mawhf) zuo elf cmco uvv qada dbi nxgn hlg iclk bbar svac pinr plab vtol mod phvs qmco ghvi rex bq ooma vtru lzy bbw lub -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Wed turnover leaders: $200B~ value: Weds $200B turnover: TSLA AMZN AMC// AAPL GME/ NVDA MSFT F/ FB PTON/ SQ GOOG PDD, GOOGL AMD NIO' JPM BABA BAC BA RBLX COIN ZS/ AMAT DIS SHOP CMCSA CRM CVS XOM BRK.B WFC DKS/ SNOW MRNA' PYPL PG C UNP MA ABNB PFE SPCE' NFLX MU TMO V T CSCO PLTR JNJ NKE CVX DHR WMT AMGN HD TWTR QCOM INTU KO ADBE TWLO SNAP LI/ ORCL TMUS GE PLUG' MDT GM VZ UNH PINS GS INTC UBER VIAC' ABT MS CRWD TXN FCX RIOT/ TSM JWN, LRCX CCL TGT MRK NOW NCLH DE ZM VALE LOW BKNG AAL BYND' DKNG WBA, UAL ADI BIDU PEP TAL, FUTU ROKU ABBV CHTR FUBO/ TTD OMI// AXP COST MARA/ QS/ XPEV' MELI NEE RCL' LLY FDX OKTA MPC DG UPS BMY UPST/ SCHW WDAY LIZI/// CAT W' FISV COF BIIB JD DAL TJX AVGO DASH' USB CSX ANTM ACN BSX, BILI LIN NEM DOW RNG MDLZ RTX X' SBUX IBM CNI TDOC EBAY MGM ALL NXPI BDX KSU TLRY' PIRS,, ENPH AMT HON GILD LMT CB ISRG PXD PANW ASML NUAN CMG LVS MMM GOLD COP ATVI BLL, DOCU FIS AZO MXIM MET DISCA' COG U HUM OXY BEKE MO CCK, MCD SYK -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, === May 25 Tuesday - Market Summary: Stocks SPY-0.2%, Bond TLT+0.9%,EEM+1%,Small IWM-0.9%,SpecTec ARKK+0.6% The Fed conducted another big overnight RRP, mopping up $433B of liquidity. Republicans are to propose a $1T counter offer to Bidens infrastructure plan. New home sales -5.9% MoM to 863k (expected 980k) due to materials costs. HPI +13% YoY, +1.4% MoM: largest House Price Index rise since 2005: Homebuilders boosted XHB+1%. $60B 2year note auction was solid; bonds rallied later. Consumer Confidence missed (117.2 vs 118exp), on inflation fear; & revised -4%. Japan (JP) will extend the length of its zero-interest loan program. Chinese education stocks bounced as officials denied any ban on after school tutoring: TAL+18% EDU+21% DAO+7% GOTU+5%; GS fears regulation risk. Pops on upgrades: Coinbase COIN+8%, Canopy (pot) CGC+6%, SHAK+4%. Airlines boosted by reopen, and raised guidance: United UAL+2%, AAL+1%. Amazon AMZN+0.5% gets a DC lawsuit on preventing sellers from offering lower prices on other marketplaces. AAPL's Epic lawsuit closed Monday; result in~July. Crypto soft: BTC-5% ETH-4% DOGE-5%; RIOT-3% MARA-2% MSTR-1% SI+1%; Square SQ+3%; TSLA=; Meme stocks' big bounce: GME+16% AMC+20%. Earnings Movers by sector/ impact: Tech XLK=: Intuit INTU=. Zscaler ZS-1%> +8%AH. dv+5%> -3%AH. vsat=. vnet+1%> -7%AH. ramp-1%. sol+1%. Y'day: api+6%. Consumer Cyclical XLY+0.3%: Autozone AZO-2%. Homebuilder Toll TOL+2%. Retailer Nordstrom Jwn-3%> -6%AH. Htht-2%. cbrl-2%. urbn+1%> +8%AH. sky+3%> +5%AH. mmyt+2%. From y'day: Lordstown guide cut: Ride-7%. crmt+7%. Healthcare XLV-0.3%: Agilent A=> -3%AH. bnr-2%. tmci-1%. Financials XLF-1%: online CN brokerage sales zoom, costs fall: tigr+16%. finv+2%. Industrials XLI-0.3%: hei+. eslt-3%. dy-15%. From y'day: ndsn+7%. [& Energy XLE-2%, Oil=%. Materials XLB-0.9%, Copper-0.6%, Lumber-3% limit, Gold+0.9%: Communic'n Svc XLC=. Consumer Staples XLP=. Utilities XLU-0.2%. Property XLRE+0.3%.] World Stocks' Quarterly EARNINGS: May25Tue: R3 $350B MktCap (value): INTU' A' AZO, ZS' TOL' Hei' Eslt. Avv. Jwn' Psh. Htht) dv' urbn' lund. ecm. dsct. bajajF) ksftf) copec axiata) cbrl bnr vsat ramp vnet mmyt dy tigr sky finv avah tmci arce ctrn tne) 6pg gnc. tcs rrgb itrn nat cswc sol -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Tue turnover leaders: $200B~ value: TSLA AMZN AAPL NVDA FB MSFT AMD AMC// SQ BA GME/ BABA COIN' NIO GOOGL GOOG BAC MU JPM SHOP AMAT T PYPL C XOM F MA CRM DIS FUTU/ ABNB BRK.B WFC NFLX UAL PIRS/// MRNA RBLX INTC JNJ TAL// DKNG ADBE AAL PG HD CCL CSCO SPCE, V PLTR MRK WMT PFE ROKU NCLH QCOM LRCX GS UNH MS GM PTON TGT BIDU DHR VZ EDU// PDD PLUG UBER TMUS CVX BEKE, TXN VALE LOW AMGN TWTR ABBV FCX TMO ASML ZM PEP SNAP JD DAL CMCSA SNOW NKE RTX NOW KO CNI BKNG INTU RCL VIAC BMY MCD GILD GE AZO TSM SBUX TIGR/ DE PRVB// CHTR LLY ISRG ZS IBM ORCL PINS ABT TWLO NEE ADI CAT MPC FISV COST WDAY UNP TTD CVS TLRY UPS NEM IAC,,,, CERN ACN FDX MDT GOLD COG KSU X, CZR CVNA DG MGM COP AVGO CB MELI TEAM LUV SCHW COF AZN TDOC BILI TJX RIOT, BYND SAM' D MRVL HON NSC VIPS LIN KLAC PANW HCA ENPH GPN XPEV AXP NXPI RH' CNC CRWD FIS BDX CTSH DASH, REGN OKTA W LMT DOCU EOG CI EL EBAY ZTS WLTW ANTM SPGI DHI VRTX MO HUM LYFT QS, SHAK' -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, ========= May 24 Monday - Market Summary: Stocks SPY+1%, Bond TLT+0.4%,EEM+0.8%,Small IWM+0.6%,SpecTec ARKK+2.7% The Fed's daily overnight RRP (Reverse Repo) mopped up $395B of liquidity. Reopen boom: CDC is due to allow cruises soon: NCLH+5%, RCL+4%, CCL+3%. SPCE+27% on successful test flight. BYND+10% on Bernstein 2 notch upgrade. AMZN+1% is nearing a deal to purchase Hollywood studio MGM+5% for $9B. COG-7% Cabot (largest US NatGas E&P) merger with XEC-7% Cimarex for stock, total $13B MarketCap: Cabot is big in Marcellus shale; Cabot in Permian shale. XEC investors/ activists/ ISS may block it, and force leadership changes. Crypto bounced (on Musk tweet hinting at greener crypto mining plans) from big Sunday rout: BTC+10% ETH+13% DOGE+1%; COIN= RIOT+13% MARA+11% MSTR+5% SI+1%; Square SQ+5%; TSLA+4%; Meme stocks GME+2% AMC+13%. Outlook: Less IPO supply overhang; Buybacks restart soon; Stimulus filters in. SMH+2% chips continue rebound: NVDA+4%: split; MU+3%: contract price rise. Earnings Movers by impact: Tech XLK+1.8%: api-3%> -3%AH. From Friday: AMAT+5% chips. Industrials XLI+0.6%: ndsn+1%> +3%AH. From Fri: DE=. Consumer Cyclical XLY+1%: ride+1%> -9%AH. From Fri: VFC-1%. roll=. Materials XLB+0.9%, Copper+1%, Lumber-2%, Gold+0.2%: zy-3%> -3%AH. [& Energy XLE+1%, Oil+3%. Communic'n Svc XLC+1.8%. Healthcare XLV+0.1%. Consumer Staples XLP+0.3%. Financials XLF+0.5%: Utilities XLU-0.2%. Property XLRE+1%.] World Stocks' Quarterly EARNINGS: May24Mon: R0 $250B MktCap (value): Kuasf) ndsn' all) sbhmy) cspcy) grasim) eSunF) topSp) api' zy' ride' knos. arce gth crmt yq th new mict lmpx Mon turnover leaders: $200B~ value: TSLA' NVDA' AAPL AMZN MSFT FB GOOGL SPCE// BABA SQ' AMD GOOG NIO' BA COIN RBLX' SHOP PYPL JPM AMAT' AMC/ TWTR' DKNG' F T TAL,,, BAC PTON C MU DIS NFLX ROKU' CRM WFC ABNB BRK.B CSCO SNAP' XOM QCOM INTC BYND/ PLTR EDU,,, PG V HD ADBE WMT LRCX JNJ MA TGT GME UBER VIAC COG, TXN BKNG UNH TSM BIDU VZ MRNA CCL CMCSA PLUG CVX DG ANVS, MS MPC QS, NCLH' DE PFE GS AVGO MRK UPST, LOW XEC, COST AMGN CHTR CRWD JD TWLO SBUX TMUS ISRG AAL ZM TJX RIOT/ NKE SNOW BMY CAT FDX DHR KO ORCL DASH ABBV ADI FCX TMO TEAM PEP UAL ASML VFC BILI GE MARA/ GM FUTU VALE CVS NEE INTU PDD DXCM MDT CB PANW X IBM TTD GILD PINS EQIX CZR' SPGI MGM' RTX NOW BEKE BTX// UNP NEM GPN FISV NXPI UPS MCD LLY ZS HON SCPS/// ZTS ETSY CNC CVNA DAL DISCA KLAC MRVL AFRM CLF NSC MELI ABT LMT DFS AZO COP MSTR' RCL EBAY U EOG PGR STX' LBCOF OXY DOCU BSX CMG PXD VIPS KSS ENPH W LYFT BDX ALGN SLB XPEV RNG BP TDOC CPNG' NVAX LAZR GOTU,, OBLN/ -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, === May 21 Friday - Market Summary: Stocks SPY=, Bond TLT+0.43%, EEM-1%,Small IWM+0.3%,SpecTech ARKK-0.7%. Existing Home sales slipped -2.7% m/m to 5.85m (expected 6.09m; ) from an unrevised 6.01m in March). January-April was +20% from a depressed 2020. The key takeaway: supply of existing homes for sale remains near all-time lows. HPI increases beyond income gains rates, creates affordability pressures for prospective (mainly first-time) buyers. Fed tapering talk likely increases at Jackson Hole this weekend (the main annual Fed policy debate symposium). The Fed conducted its largest overnight Reverse RePurchase operation (daiily, 13ET) in 4years today (RRP), with $369B take-up (also $351B on Thursday, and $294B on Wednesday). This drains cash, to prevent rates dropping below target. (PBOC uses RP/RRP tool to manage daily CN liquidty, at 21ET, before HK open). The Biden admin cut its infrastructure spending proposal to $1.7T from $2.2T. Financials XLF+1% led the continuing rotation from growth(tech) to value. AAPL-1.5% Apple's CEO testified in a legal battle with Epic Games over fees. Nvidia NVDA+3% announced 4-1 stock split; chips held big weekly gains. F+7% Ford booms on new EV version of its F150 truck, that Biden endorsed. Main busy half of Quarterly earnings season, ends next Thursday May 27. Earnings Movers by impact: Tech XLK-0.5%: From y'day: AMAT-1%. PANW+6%. lspd+6%. csiq-1%. cd+2%. Industrials XLI+0.5%: DE+1% Deere: Ag/building machinery. Bah+2% Booz Allen outsourcing. roll+1%. From y'day: wms+4%. ens+2%. cswi=. Consumer Cyclical XLY-0.5%: Vfc-9%. fl+2%. bke+1%. dsx+8%. World Stocks' Quarterly EARNINGS: May21Fri: R2 $350B MktCap (value): DE VFC CFRUY. Bah Fl SBin) roll bke oml. tenaga) shreeC) cbg. nbs. dsx 0zq. dlf) ntz -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Fri turnover leaders: $200B~ value: TSLA AMZN AAPL NVDA MSFT FB BABA GOOGL BA AMD GOOG F RBLX ANVS T SHOP AMAT SQ UNH BAC NIO ABNB COIN JPM CSCO PYPL NFLX C PG DIS PANW DE WFC HD V XOM BRK.B VIAC SNAP JNJ QCOM TGT CRM CVX WMT SPCE PTON CMCSA PLUG MU INTC MA GS UBER BIDU CRWD VZ EBAY KO TAL VFC LRCX SNOW FCX GM PFE UPS MRNA MRK MS TXN LOW COST JD ADBE CVS PLTR ROKU VALE AMGN NKE ZM GE AVGO BKNG ADI ORCL DKNG ATVI TWTR TSM LAD CHTR UPST GME PEP AMC TMO NEE ABBV NOW UAL AAL ZTS IBM MPC ACN ASML BMY LIN SPGI COF DISCA CAT SBUX TTD CCL ENPH RIOT UNP ABT BEKE MELI CNC AXP MDLZ TWLO PINS LLY HON INTU MCD VIPS RTX FDX X CLF TEAM CSX TJX FUTU MDT U TMUS GILD DASH NXPI ROST CNI DAL AZN ETSY NEM CB MARA DOCU OKTA KSU NCLH DHR ALGN DISCK WDC OTLY UONE EDU DECK FISV SCHW PDD MSTR LULU HUM DRI GOLD PXD VRTX ILMN CVNA MRVL BILI COP OXY TDOC KSS DHI DDOG FIS STX EW CP NSC ZS DDD RCL AMH PODD BNTX XPEV WBA ==== May 20 Thursday - Market Summary: Stocks SPY+1%, Bond TLT+0.8%, EEM+0.6%,Small IWM+0.6%,SpecT ARKK+3.5% Weak Philly Fed (31.5, exp 42) was anticipated by bonds rallying just before it. Stocks bounced sharply for 2hours before, and after, 930ET US floor open.. Lumber+4% limit up for a second day; Copper-3% fizzled from an early rally. Crypto bounced from yesterday's liquidation (BTC,ETH fell 1/2 of their highs), but BTC+2% fell from $42.5k: IRS says all transactions must be reported if over $10k value; and is planning a crypto tax crackdown. ETH+7%, DOGE+11%; and COIN+4% RIOT= MARA+1% MSTR+4% SI+7 CAN+3%; also SQ+2%, TSLA+4%. OTLY+19% Oatley IPO ($11B MkCap) boomed on SBUX+2% distribution deal. Earnings Movers by impact: Tech XLK+1.9%: Tencent (CN) TCEHY!-2%. Applied Materials AMAT+4% >-1%AH despite beat & raise (#2 chip equipment maker after ASML in EU). Palo Alto Networks PANW+2%>+5%AH. Lspd+16%. csiq+6%: ignited TAN+4% solar rally [also GS upgraded Sedg+7%, shls+9%]; maxn+9%. cd+6%. nndm+4%. From y'day: CSCO+1%, was -5%. ADI+4%. SNPS+3%. Keys+2%. gds-7%. dava+6%. knbe-9%. Consumer Cyclical XLY+1%: Retail lags: Ross Stores ROST-2%. Rl-7%. Deck-4%. Kss-10%. woof-1%. mnro-6%. plce+5%. From y'day: JD+4%. LOW+1%. TJX=. Lb-4%. Vips+1%. ysg=. Communication XLC+1.7%: geni-10%. Healthcare XLV+1%: olk+9%. Materials XLB, Gold+0.4%: svm+2%. From y'day: Sqm-2%. exp+2%. Industrials XLI+0.2%: wms+1%. gogl+6%. ens+1%. brc+1%. cswi+3%. From y'day: Cprt+3%. zim-4%. sblk-7%. cae=. Consumer Staples XLP+0.9%: Hrl+7%. bj-5%. flo= . From y'day: TGT+1%. [& Energy XLE-0.2%, Oil-2% on Iran deal fears. Financials XLF=. Utilities XLU+0.9%. Property XLRE+1.2%.] World Stocks' Quarterly EARNINGS: May20Thu: R6 $1,300B MktCap (value): TCEHY!) AMAT' ROST' PANW' Hrl, Rl, Kss, Deck' Ng. Tkomy) Bkrky) nn. en. kgf. lspd, wms, woof, bj, flo' cd, embrac. msady) pmeta) olk, geni, brc mmyt manu csiq mnro cswi pax gogl pax cswi nndm plus plce glng maxn ezj. rmg. phor. 0ofr. svm ainv dgnr tgi qiwi hwkn adn igic xnet redu havel) shinK) evd. dufn. lsg. szu. rym) ktb) -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Thur turnover leaders: $200B~ value: TSLA' AAPL AMZN FB MSFT NVDA' BABA AMD GOOGL GOOG CSCO T COIN AMAT' BA PYPL SHOP' NFLX SPCE/ SQ V NIO JPM TGT BAC VIAC' MA CRM SNOW WMT MU SNAP' JD F INTC DIS KSS,, LRCX ROKU QCOM XOM HD ABNB PG WFC BRK.B VZ PTON' C PLUG DE BEKE BIDU CVX TXN AVGO ZM' ADBE FCX TWLO' ADI' PLTR UBER DASH PDD ISRG BMY UNH RTX LOW PINS' RBLX CMCSA JNJ MELI' LAD TJX CVS NEE MRNA' CAT UONE/ AMC AAL PFE TSM ENPH/ BKNG PANW ASML LLY ORCL GS PXD TWTR UPST' MS BNTX MRVL' CCL NKE ATVI FUTU ABBV UAL X GMW IOVA/ TTD' DISCA, DHR VALE GE NOW TMUS RIOT KO CNC SBUX ACN DOCU IBM AZN PEP UPS FISV RL,, AMGN DAL MRK CB TMO CHTR COST UNP ETSY' TEAM INTU NXPI BILI OTIS CRWD SRE CVNA' MARA NEM MPC CMG HON HUM COP CLF, EBAY ILMN DKNG AON AXP LVS LUV ROST M, COF KLAC GILD DPZ ECL MCD SYY LB, EDU HOLX SPGI MDT RNG' LMT XPEV MDLZ KSU WDAY GME COUP NSC TTWO VIPS LYFT ANTM MSTR' NTES' SLB SNPS WORK FDX MXIM' RUN' ZTS BJ, CNI WDC LIN -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, === May 19 Wednesday - Market Summary: Stocks SPY-0.3%, Bond TLT-0.2%, EEM-0.3%, Small IWM-0.8%,SpecT ARKK-1.8% Liquidation led by Crypto: PBOC (again) rejecting banks' using it in payments (and warning against speculation: can cause losses and unrest) hit BTC-7%: $30k US open low, bounced to 40k; ETH-21% bounced from 2k to 3k. DOGE-28%; COIN-6%, GLXY-6%, RIOT-6%, MARA-6%, SI+2%; SQ-1%, TSLA-3%: Musk's reckless tweets may erode confidence. Meme stocks hit too: GME-7%, AMC-10%. Chips led a bounce SMH+2%: with AMD+2% on $4B buyback; ADI+5%, MRVL+5%. Late stock bounce was capped by 14ET Fed Minutes starting talk of QE-tapering. Lumber+3% limit: began 8th day limit down, after limit up weeks. WY= (was-5%). Oil-3%, XLE-2%: on Iran nuke deal fear; despite weekly EIA inventory build miss. SPY has bounced from a test of it's 50Day Moving Average; near last week's low. Squarespace SQSP-13% direct listing today: $6B MktCap web hosting/marketing. Earnings Movers by impact: Tech XLK+0.3%: Cisco CSCO-1%> -6%AH. ADI+5%. SNPS+1%. Keys=. gds=> +7%AH. dava+2%. knbe+1%>+8%AH. From yday: dq+8%. etwo+9%. Consumer Cyclical XLY-0.8%: TK Maxx TJX-5%. LOW-1%. Jd+1%. Lb-3%. Vips-11%. ysg-5%. From y'day: HD-1%. Trip.com TCOM+4%. m-2%. myte+4%. Communication Service XLC+0.1%: From y'day: TakeTwo games TTWO+7%. NTES+2%. SE-1%. BIDU=. iq-4. dao-4%. Consumer Staples XLP-0.4%: TGT+6% Target: delivery, apparel boom. From y'day: WMT=. Healthcare XLV-0.2%: From y'day: sste-3%. legn+2%. agti+2%. Materials XLB-1.5%, Copper-3%, Gold=: Sqm-8%. exp-6%. Industrials XLI-0.5%: Cprt=> +3%AH. Zto+1%. cae-1%. sblk+2%> -5%AH. [other sectors: Financials XLF-0.6%. Utilities XLU-0.2%. Property XLRE-0.2%] World Stocks' Quarterly EARNINGS: May19Wed: R6 $1,400B MktCap (value): CSCO' LOW, TGT, TJX, ADI, SNPS' Cprt' Jd) Keys' Pah3. Zto) Lb' Expe. Beke) Vips. Futu) Sqm' Baer. exp, dava. knbe' sblk' cae, ysg) itc) jswS) gds) hal. mowi. tit. ihc. ioc) ctbc) celltr) skH) singf) svt. em caap desp scvl sy yi lpg vinp itmr nca wlms zim futr. nda. gpor. mab. sspg. ift) Wed turnover leaders: $250B~ value: TSLA AAPL AMZN MSFT FB AMD NVDA COIN BABA T SQ BA TGT' GOOGL NIO SHOP GOOG ABNB MU JPM V CRM BAC CVS C PYPL FCX, XOM HD WMT NFLX DIS CVX CSCO BRK.B PTON PLUG WFC PG FUTU GS LOW AMAT MA INTC VZ TWTR UNH TJX, AMC,, JD ADI' SNOW QCOM VALE, ROKU DE, CMCSA RIOT, ADBE BIDU LRCX AVGO JNJ PLTR BKNG TMUS UPST/ MS TXN NEM CRWD UAL F MELI KO RBLX UBER GME, AAL TSM RTX PFE GE VIAC DKNG TTWO' DASH VIPS,, CAT NKE ABBV CCL MARA, EXC TWLO X, SNAP PDD MRK MSTR, ALXN HON ASML AMGN SBUX COST GM DISCA PEP ORCL UNP TFC MRNA MCD NEE IBM IOVA,,,, LLY AZN MRVL' MDT GOLD PGR, ENPH' AA,, NUE LIN INTU MPC DHI CHTR ZM AMT AXP FDX DAL NXPI LUV CLF, FISV COP, TMO COF WDC PM NOW MOSY// CVNA PNC BMY M ROST RIDE/ USB EBAY MXIM' NCLH SCHW INFO STX UPS DHR OXY, ACN WY MMM CB DUK TTD PXD, SLB, AON OTIS BP SPGI ETSY PINS GILD ECL SPOT ABT KLAC ISRG ATVI XLNX WDAY TEAM CSX AAP MDLZ LMT SI' PANW BNTX ICE CMG LEN MTCH DDOG -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, ====== May 17 Monday: Market Summary: Stocks SPY-0.2%, Bond TLT-0.2%, EEM-0.1%, SmC IWM+0.1%, SpecTec ARKK+1% Discovery DISCA-5% & AT&T T-3% media superdeal, but their stocks pop faded. Rotation out of Speculative Tech Growth continues, into Value / Cyclicals. Airbnb ABNB-6% as stock lockup expires. Hard drive makers bounce on Crypto miner demand: STX+6%, WDC+6%; but broader Crypto crunch continues: DOGE-12%(from Fri) ETH-11%, BTC-10%; COIN-4%, MARA-3% SI-2%. Meme stocks bounce: GME+13%, AMC+7%. Earnings Movers by impact: Tech XLK-0.7%: Crypto: GLXY-11%. RIOT-7%. DM+8%> -12%AH. TLS-2%. ConsumerCyclical XLY-0.2%: EVs: FSR+7%> -3%AH. RIDE+14%. NIU-1%; PRPL+3%. CommunicationSvc XLC-0.8%: TME+1%. ZH-1%. World Stocks' Quarterly EARNINGS: May17Mon: R3 $500B MktCap (value): MUFG) TME' Rcruy) Ryaay. Bhart) Brdcy) GLXY, RIOT, FSR' Clov, Niu, Ride, Goev' Zh, clphy) fubon) catF) vtwr. dplm. bdms) jua) glan) honA) wiwy) apph alhc idex dm tls vrrm gsm twnk prpl bcp. fp. alb. akrn. o32) ipl) vei dnmr cchw cere prch pct mile ebix gnog xl gsm pvr gan mrns alt actx coe luna xone ibio pyr pog. agro. eld) tpw) -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Mon turnover leaders: $250B~ value: TSLA AMZN AAPL ABNB T MSFT FB BABA DISCA AMD DIS NVDA SQ NIO BA COIN GOOGL AMC GOOG PTON BIDU CMCSA JPM XOM GME WDC HD BAC RBLX VIAC DISCK NFLX VZ ROKU CVNA MU TSM FCX SHOP CVX LOW PYPL C STX WFC PLTR KSU PLUG UAL AAL PG AMAT SNOW BRK.B NEM ZM WMT UBER CCL VALE NOW JD MRK DKNG INTC MA GE V SNAP ========= May 14 Friday: Market Summary: Stocks SPY+1.5%, Bond TLT+0.9%, EEM+1.8%, SmC IWM+2.4%, SpecT ARKK+4.7% Retail Sales flat (exp+0.8%), didn't dent bounce on reopening, wage rises, savings. So too bimonthly UoM Consumer Sentiment 82.8 (e90.2): hurt by inflation. With high savings, Consumption (2/3 of GDP) is expected to replace stimulus. CDC says masks not needed for those with vax (now open to all adults). Reopen booms: Airlines JETS+4%, CCL+8% cruises, CZR+4% casino, BKNG+3% travel. DOGE+35% (Musk says TSLA may accept it for car payments); ETH+8% BTC+5%; COIN-3% RIOT+17% GLXY+16% (Monday earnings) MARA+17%; SQ+5% TSLA+3%. World Stocks Quarterly EARNINGS: May14Fri: R4 $1,000B MarketCap (value) HNHPF) SMFG) MFG) ROSN. KDDIY) Jphlf) Smcay) Jpphy) Kubty) SemiMf) npcpf) lars) mtsfy) dnscf) kbx. dwahy) tosyy) unicy) asbrf) argx. sge. onex dsey rdy) snc sogo hsbk. samLi) 4jp) cipl) yamcy) tiscf) hktgf) dntuf) ip. mer.rey. uni. yklty) csan3 kajmy) aacay) cpn) kki) ftmx lorl mmx sohu free -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Fri turnover leaders: $250B~ value: TSLA AAPL AMZN BABA FB MSFT DIS NVDA GOOGL GOOG COIN ABNB AMD AMC NIO SQ BA DASH PLUG MPC PTON BIDU JPM PYPL SNOW PLTR AZPN INTC AMAT MU NFLX ZM JD BAC HD DKNG XOM BRK.B QCOM UBER SHOP ROKU V C MA MRNA FUTU GS CVX JNJ CCL CRM KSU TSM LRCX CMCSA STX FCX ADBE PDD AAL ASML UNH PG NOW VZ TXN WFC UAL CSCO BKNG ABT FDX DE MXIM VLO DG WDAY AMT EXPE RTX BPLVS FSR FUBO LYFT REGN NUE CPNCHTR SBUX TMUS WMT LOW AVGO ABBV ADI PFE BILI COST TTD ORCL GME TWLO T MS GE VIAC NCLH FTCH SCHW KOVALE X MELI GMAJG PEP MRK TEAM SNAP STZ NKE SPGI DHR RIOT AMGN F BNTX CTSH NXPI PINS MARA CLF BNGO TGT NVAX SPOT RBLX DAL M CNI WDC EDU TWTR UPS LUV INTU CAT OXY BMY GILD CVS TJX TDOC HON TMO KLAC NEM MDT UPST COF MCD CRWD G EB AY NEE IBM ET WIX AVNS PBR CP SLB XPEV ETSY INFO DOCU W UNP ACN RCL U OCGN CSX DDOG LINCOP PANW BYND LLY ORLY ALL FIS CL EA RNG NLOK NUAN TAL ATVI === May 13 Thursday: Market Summary: Stocks SPY+1.2%, Bonds TLT+0.2%, EEM=, Small IWM+1.8%, SpecT ARKK-2.6%. Oversold value bounce, after Weds' Tax day broad liquidation, touched supports. CDC announced no masks needed outdoor, a key step towards reopening. Weekly Jobless claims also helped stocks: 473k (expectations were 510k). Bonds bounced after hit by PPI+0.6%(e0.3); climaxed on $27B weak 30y auction. IronOre-9% on CN gov't talk. Grains JJG-5% after WASDE Ag report late Wed. BTC-9%: TSLA-3% stops accepting Bitcoin; Binance getting AML-investigated. ETH-5%. DOGE-10%. RIOT-16%. SQ-5%. FLR-20% on $500m capital raise. AMC+23% (meme stock) on $400m capital raise. PTON+6%: fund endorsement. Earnings Movers by impact: Tech XLK+0.8%, CommcSvc XLC+0.4%, CnmsrCyc XLY-0.3%: Alibaba BABA-6% paid $3B antitrust fine. Disney DIS=>-4%AH streaming sales/ subs miss. Airbnb ABNB-4%>=AH. Coinbase COIN-9%>=AH. Doordash DASH+1%>+7%AH revs beat, 2m delivery workers. Xpeng XPEV-5%. BILI-6%. NICE+1%. FTCH-1%>-2%AH. ARVL-6%. TUYA+1%. GOOS-9% Canada Goose. LAZR-5%>-2%AH. CRCT+3%>+4%AH. NEWR=>-4%AH. MAX-4%>-15%AH. DSP-12%. DCBO-6%. PLT-2%>-15%AH. DDS+5%>=AH. Earnings From Y'day: Coupeng CPNG-9%. APP-5%. DOX+5%. COMP-5%. WISH-29%. BMBL-14%. SONO+7%. POSH-22%. BOOT+9%. Healthcare XLV+0.5%: GDRX-4%>-2%AH. ABCL+11%>-7%AH. SHC-9%. OSCR-7%>+9%AH. HAE-13%. BFLY-16%. AVIR-3%>+8%AH. CCCC-3%. CMPS-6%. BNGO-7%. ACB-5%>-11%AH Aurora Cannabis revs miss. From Y'day: ONEM -14%, AMWL-22%, EAR-16%. Energy XLE-1%, Oil-3% (Colonial Pipeline back on): CRC+6%. Y'day: CPG-7%. Materials XLB=, Copper-0.7%, Lumber+1%: PBR+1%>+3%AH PetroBras stabilises. Vedanta VEDL=; From Y'day PAAS-11%, TRQ-18%. Consumer Staples XLP+1.1%: CELH+12%. UTZ-8%. Financials XLF+1.6%: BAM+2%. CIXX+11%. Utilities XLU+1.7%. XLRE+1% XLI+1.8 %. PGTI+5%. AZEK-1%. From Y'day: VIEW-7%. World Stocks' Quarterly EARNINGS: May13Thu: R7 $2,100B MktCap (value): BABA!) DIS' ABNB' COIN' DASH' BILI, BAM, XPEV, PBR' Ftch' Gdrx' Arvl, Nice, Vedl) Bt. iii. brby. hl. lazr' newr' quantaC) orxcf) rkuny) skInn) ptt) cpall) ctbc) xro) hhusf) glob. powr mglu3 lren3 tuya yeti crct azek shc acva oscr crct ulcc eye bfly mpln celh cixx rsi verx Acb goos bngo blnk vvnt hyfm utz max dds hae crvl crc avir aeva dcbo pgti amti plt cccc cmps dsp tgp arko xog rptx ngms kelya mass apr blfs orla gevo thry sbtx rmo dmtk itos foa holi fdmt trmd mcf sens -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Thur turnover leaders: $300B~ value: TSLA, AAPL AMZN BABA, MSFT FB SQ, NVDA AMC// GOOGL BA AMD NIO, CRL GOOG COIN, PTON' JPM JD, DIS ROKU BAC ABNB, PYPL LRCX' AMAT' HD SHOP, UBER PLTR INTC MU FCX BRK.B V GME/ XOM C JNJ QCOM ZM NFLX RBLX, BIDU PG TSM CRM FUTU, WFC UNH PDD, CVX PFE MELI TWLO, WMT DKNG GS ADBE AVGO MA TTD LOW CMCSA ASML ORCL SBUX T MRNA GE KO PLUG NKE CSCO X AMGN VALE MRK BILI, RIOT,, VIAC DASH TXN VZ COST NOW PINS ABBV AJG AAL MS GM SNOW SPGI TWTR PEP CCL TDOC, UAL UPS DOCU, EDU,, XPEV, WIX, SNAP IBM BKNG FLIR TGT MARA,, F HON MCD TDY NVAX NSA LVS CRWD LMND' ADI CHTR NCLH TMO INTU DE BMY TAL,, EXPE BNTX PENN WDAY SONO' FTCH, RNG, BMBL,, CAT DHI ABT SI/ SLB TMUS DAL REGN DG INFO CSX FISV KSU ENPH CLF GILD FLR,,, OXY, PXD PFPT ACN ETSY NXPI W UPST,, NUE' CPNG,, LIN COF MSTR,, KLAC PANW SCHW ATVI LYFT FDX OCGN. OKTA BDX TEAM, CVNA UNP U, LMT STZ LLY MDLZ FIS CME SPG DXCM DHR VRM COP MDT AZN TJX PMZ NEE ANTM RTX CVS CI FUBO, -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, ==== May 12 Wednesday: Market Summary: Stocks SPY-2%, Bonds TLT-1%, Emerging Mkt EEM-2.8%, Smallcap IWM-3.2%. Shock weak CPI (0.8%, e0.2) unplugged all-asset-class liquidation, on Tax day. That is 5% annualised. Main drivers: used car prices, airfares, rent. Core +3%YoY. Fear is, persistent inflation forces Fed to slow QE (like UK CA AU NO already). "Transitory" likely means until~Sept: UI benefits, and summer reopen, both end. 10year Breakevens are 2.5% (inflation expectations from 10yr TIPS). 30yr BE: 3%. Firm $41B 10year bond auction, halted Bonds' rout; main 30year auction tmro. SPY nears 50Day Moving Average. Only 5% off highs. 200DayMA is 10% lower. P/E ratios, especially Cyclically Adjusted CAPEs, are still near record ATHs. GeoPol risks: Middle East war potential: escalating Israeli<>Palestinian attacks. Biggest 1year bubble: DOGEcoin ballooned 500x! to $100B, with no tech merit. DOGE-23% BTC-17% (<50k A/H: TSLA-5% won't accept BTC for cars; but won't sell it's BTC: seems self-harming) ETH-13%; COIN-6% RIOT-11% MARA-12% SI-5%>+14%AH: to be exclusive issuer of FB's new planned Diem stablecoin. SQ-7%. Lucira LHDX+44%: CoV PCR test. EYES+22%: Visual aid. ARRY-46% fraud suit. Earnings Movers by impact: Tech XLK-2.8%: Coupeng KR ecommerce CPNG-2.5%. WIX-17% webhosting. APP-2%. DOX-3%. LITE-17% Lumentum fibreoptic. WISH-4%. COMP-6%. Bumble dating BMBL-6%. SONO-10%. COHR-2%. MSP-3%. Healthcare XLV-1%: ONEM-1%. AMWL+1%. Curis CRIS+65% cancer trials. Energy XLE+0.5%, Oil+0.7, flat on weekly inventories: CPG-1%. Materials XLB-2.5%, Copper -2%, LB-1%: PAAS-4%. TRQ-2%. LGO-5%. Others: VRM-4%. IFS+8%. WWW-13%. JACK-4%: CTOS-4%. DFH-10%. GRWG-9%. BOOT-6%. PLBY-6%. Overnight A/H, today: OPEN-13%. QS-7%. NARI-8%. LMND-19%. SLQT-20%. GO-19%. ALKT-8%. BIGC-8%. OLO-6%. KGC-4%. FUBO+10%. VZO-13%. COKE+6%. World Stocks' Quarterly EARNINGS: May12Wed: R5 $2,100B MktCap (value): TM) SFTBY) CPNG' ALV. Wix, Ibe. Zurn. Dte. Bayn. Mrk. Cpg. Hlag. Ntt) Ad. Edf. Plzl. Rwe. App' Dt, Lite, Dox' Wish' Wen, Dox, Bmbl' Lite, comp' cohr' vrm' sono' apg, Dwni. Alrs. asianP) oezvy. fojcy. trumy) ssody) fujiy) nexof) esaly) ssmxy) nec1) knbwy) hindA) asuuy) jbss3 suzb3 srg. trn. clldy) jxhgly) pidi) hphty) ntco3 wsp ema ccdbf paas grwg npi allk onem msp trq apg www tsem Cbk. cnp. cch. kgh. ags. ambu. bald. agn. o2d. hapv3 elet6 salm. hltoy. g24. lxs. mtlhy) stbfy) mejhy) gmoP) kt&g) smInv) scom. tui1. ast) jsl) upl) lipin) compal) sha. dlg. her. six2. pirc. var1. goco ifs jack amwl posh dfh ctos cpg boot btrs imcr ontf view ear cris ttcf plby cwyuf meg zeal stkl arco nvee lgo. sfl mnkd rna bvs radi osw kdny cir sft blbd eose rlmd mcft veru fosl -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Wed turnover leaders: $300B~ value: TSLA, AMZN AAPL MSFT, FB GOOGL, BABA NVDA, BA, AMD, ROKU PTON NIO, PLTR, SQ, JPM AMAT, PYPL, XOM NFLX BAC HD, MU, FCX, V QCOM, TSM, INTC DIS RBLX WFC BRK.B SHOP C UBER, LRCX, WIX,,, AVGO, CVX PG WMT FUTU,, DKNG, MA UPST' GS UNH CRM CSCO JNJ ADBE FUBO/ BIDU, CMCSA, TTD SNOW, LOW, PLUG, MS PFE GM, X,, T MRK ZM, MELI, CRIS/// SNAP, TWLO, ORCL TXN, HON, CHTR BKNG, GE INTU PINS, SBUX, MRNA, COST TWTR, CAT VZKO IBM VIAC NOW, U PEP EA TGT, NKE DPZ VALE, EXPE, SLB' ABNB LMND,,, MCD DHI, AAL, ABBV CRWD, CVNA, EYES// NXPI, ADI, BMY OXY' W,, CLF, LITE,, ASML, WDAY, TMO NEE, UAL, CME LHDX// PDD F SPGI LMT JD AMGN DE NVAX, DG, BNTX, CCL, ACN MDT SCHW OCGN,, ARRY,,,, FDX, ATVI PFPT FISV UPS ANTM AMC' GILD OKTA, MRVL, ABT USB CVS UNP TMUS AXP ETSY, SHW AON DAL, LIN INFO BILI, EBAY PXD COF NLOK DASH,, RTX REGN LYFT, MDLZ LI' DOCU, TDOC, NCLH, DHR LLY ISRG, PENN,, FIS ENPH, AZN DUK CI Z, VLO. ETN NUE, MPC MMM WLTW PNC COP LEN, ON, ELTAL TEAM RH, ADP OPEN,, MARA,, SYK -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, === May 11 Tuesday: Market Summary: Stocks SPY-0.9%, Bonds TLT-0.6%, Emerging Mkt EEM-0.3%, Small IWM-0.4%. JOLTs: 8.1m jobs (e7.5m). Flat $58B 3year bond auction. Druckenmiller WSJ OpEd: low rates: beware inflation. Former NY Fed head Dudley, believes Fed will have to raise rates, more than expected. Big US CPI Inflation data Weds. Dip buying: ARKK+2%, was -5%. Semi's SMH=, from -3%, TSLA-1%, was-7%. DOGE+8%, BTC+1%; ETH+3%; COIN+3%, RIOT=, MARA-7%, SI-2%. SQ+2%. Broad fall: XLE-2.6%, Oil+1%. Fin XLF-1.8%. XLRE-1.2%. XLU-1.2%. XLY-1.1%. (A $50B MktCap, 7th biggest, new Crypto began today: ICP Internet Computer. This may move towards breaking the dominance of any one cyptocurrency. Most have asymptotically limited supply. But if a stream of ever better new coins is seen, investors may realize there is effectively infinite oversupply overall. If bubble delusions finally melt in crypto, the biggest craziest bull market ever, this likely impacts futuristic-value tech stocks too: overlapping ownership. Periphery markets, can be froth indicators (for core markets): Eg Crypto/NFTs, SPACs, ARKK, meme stocks; thin key comods like lumber, palladium, biofuels) Earnings Movers by impact: Tech XLK-0.3%: Palantir PLTR+9%, PSFE-12%, PLTK-3%, NOVT+4%, IGT+17% MIME+7%, JMIA+8%, PAR-9%, IMOS-5%. A/H: Electronic Arts EA=> +2%, U+4%> +1%, QS-4%> +4%, OLO-4%> +9%, VZIO+3%> -6%. Healthcare XLV-1%: RPRX=, PRGO+3%, BEAM+3%, BLI-5%, MYOV+8%, HRMY+3%, NNOX-19%; A/H: NARI+3> +4%, SGFY+6%> -4%, SNDL+1%> +7%. SNDX+3%> +6%. Others: TDG=, AEE-3%, ARMK-2%. HBI-12%, KRNT+3%, CGAU+11%, FOE+24%. A/H: DAR-2%. OPEN+4%. KGC-1%. UPST+1%. CHK-1%. LMND+4%. FUBO+8%. Overnight After Hours, today: Roblox RBLX+21%. SPG-3%. OXY-8%. NLOK+11%. Novovax NVAX-14%. Virgin Galactic SPCE+1%, was -20%. ELY+13%. SWAV+18%. HALO-7%. HHC-5%. SGMS+7%. EVBG+7%. Raxspace RXT-21%. DDD+35%. World Stocks' Quarterly EARNINGS: May11Tue: R4 $1,000B MktCap (value): EA' PLTR Plug Tdg, U' Qs' Dkily) Tak) Bpac3 Kbc. Alo. Eoan. Rprx. Nsany) bsy, dar' pltk, psfe, hbi, open' upst armk, upst' ocft' Jmia, Fubo' sndl' kgc' tmxxf' ccep. Hot. Tka. utdi. mrw. leg. mb. bmed. bc8. g1a. dri. globalW) pegat) ncbdf) shcay) wn lmnd nari chk novt hli lpro slqt sdgr sgfy krnt beam igt go jamf alkt arry bigc mac bli mime coke hbm semr vzio or cgau bgs myov cnr foe par atz roth. hrmy prld hyln kron tgh imos nnox exk prta ghld pcvx olma vitl tsha sndx xene repx abst oxlc allt newt rada vec -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Tue turnover leaders: $300B~ value: TSLA AAPL AMZN MSFT FB PLTR NVDA NIO AMD GOOGL BA GOOG BABA SQ JPM RBLX ROKU PTON PYPL NFLX SHOP XOM INTC PLUG DIS BRK.B TTD AMAT MU HD FCX BAC V C BIDU QCOM PG DDD WFC JNJ CVX UBER GS CRM DKNG MRNA GM NOW UNH WMT ZM PFE ABNB NVAX LRCX MA SNAP TSM X ADBE NKE FUTU T CSCO VZ IBM PXD ORCL SNOW PINS MELI VALE CRWD TWLO BKNG TDOC BNTX LOW MRK GE CMCSA TWTR SBUX MS TXN PFPT AAL UAL AVGO NEE VIAC HON PDD PEP JD CAT OXY UFS DOCU TMO CCL SPGI FISV MCD KO COST U ADI SPG TGT EB AY GME ETSY EXPE COF CVS ABBV FDX UPS F OCGN CLF ABT SPCE DAL ATVI BMY DE MARA AXP RIOT OKTA NXPI EA AMGN CB JCI SPOT SLB KR PENN RTX ASML CVNA JMIA PNC FUBO RH DXCM COP AEP LMT NUE MMM W BYND NCLH TEAM CME AMC EL CMG LINZ FSLY RNG MDLZ WYNN CTSH ZS UNP ENPH CSX ALGN DUK BSX STX CHTR MAR NUAN ACN AMT TLRY MDT LB TMUS NEM GILD FOE DG XPEV RUN ON AON CL SWKS USB INFO EOG ALXN === May 10 Monday: Market Summary: Stocks SPY-1%, Bonds TLT-1%, Emerging Mkt EEM-1.8%, Small IWM-2.5%. Copper-0.5%, was +3%. Lumber-3% limit, briefly was +3%, after weeks of mostly +3% limit-up days. (Very thin market, even more due to frequent limits at these elevated prices; it's main price action is mostly soon after 9ET regular day open). Iron Ore+3%, also reversed sharply lower from early +8% from Asian time. Oil= was flat, despite Colonial Pipeline in emergency shutdown (due to a RU connected cyber attack by "Darkside", who apologised: they want more subtle big ransom op's). It is #1 in US, supplying nearly half of East coast oil. XLE=, XLF=. Bonds tried a bounce, but sank to new lows, hurting Techs QQQ-2.7% (Nasdaq NDX100 closely tracks XLK Tech sector; distant cash flow value falls with bonds). Musk hosting SNL Sat. Nite Live, was a meme sentiment climax, as we suggested here: DOGE-28%, BTC-5%; ETH+13%; COIN+11% (hot ETH, DOGE; RobinHood outage, Binance withdrawal curb); RIOT-18%, MARA-11%, SI-6%. SQ-7% TSLA-6%. Defensives stayed firm: Utilites XLU+1%, Property XLRE+0.5%, Staples XLP +0.7%. Tonight: CN census data (decennial; delayed; births fall); AU annual gov't budget. Earnings Movers by impact: Tech XLK-2.6%: TradeDesk TTD-26%, MGNI-20%: both AdTech, led the overvalued-growth selloff; RBLX-6%, AFRM-6%, BRKS-10%, WB+2%, NUAN=, NLOK=, JCOM-2%, G=, EVBG-3%, APPF-2%, MARA-11%, VLDR-4%, EGHT-3%, SAIL-3%, RXT+1%, DDD-8%, MODN-5%, VUZI-8%, CEVA-19%. Healthcare XLV+0.1%: Biontech BNTX+10% expects not to need to update their Vax for existing variants, NovoVax NVAX-9%, VTRS+7%, ZLAV-5%, OSH-2%, MRVI-5%, HALO-3%, TGTX-6%, ALLK-6%, SWAV-9%, VCYT-5%, SDC-5%, KOD-13%, NSTG-12%, ORGO-9%, SEER-14%, HRTX+6%, CSTL-11%, IMGN-11%. Others: Marriot MAR-4%, but Simon Property SPG+1%; SPCE-8%, COTY-13%, OXY-3%, APD+1%, DUK+3%, IFF-3%, J+2%, ES+2%, TREX-1%, UWMC-3%, WES+4%, ACM-1%, WYNN=, USFD-3%, VOYA-2%, ELY-4%, CNNE-3%, BALY-5%, SCPL-13%, REAL-11%, XPEL+8%, Workhorse WKHS-15%, CCO-14%, KOS-10%, PRTY+11%. World Stocks' Quarterly EARNINGS: May10Mon: R5 $1,200B MktCap (value): BNTX, RBLX' APD, SPG' MAR, TTD, DUK, SPCE' Oxy' Tsn, J, Iff' Vtrs, Zlab, Wynn' Nuan' Nvax' Wb, Curlf, Afrm' Itocy) Pcrfy) Nlok' coty, es, trex' voya' acm' uwmc' usfd, wes' g' osh' tsp' au gwph rxt' afx. ebk. 8tra. smmyy) mhvyf) ncSo) brks halo rba hhc chh sgms ely jcom mgni bch itsa4 nvei tgtx swav bhvn appf tgna evbg sail bhf gtes ftt mrvi adv enr sum cnne innv crnc nhi stay Mara Wkhs Vldr shmuy) rohcy) wanHa) sphxf ino sdc eght psec vcyt nstg nni itci orgo noah rckt gbdc baly ddd swch rvmd fsk hlio yala fold ipar seer ruby real fgen axsm scpl par rvnc fgen xpel spnt cstl krys imgn dac modn brmk qure modn snex rdnt vuzi fsm acel atri mx omer dbd kos dac plrx cco mrsn prty iiiv onst algs ceva aegn nwli mgic scsc capl btai prts arct geo lotz vff rmni cara clar dms nssc xent pros rev mux mbi apei gsl stxs nls apts egrx fph avdl akba cpsi plse cps fbrx sesn bhv kndi mtrx rlgt whf mhld amr blu strs fll iii -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Mon turnover leaders: $300B~ value: TSLA AMZN AAPL FB MSFT TTD NVDA BABA GOOGL BA AMD PTON NIO GOOG SQ ROKU QCOM NFLX FCX JPM V PYPL MU XOM PDD INTC PLTR DKNG BAC HD BIDU DIS SHOP CVX C BNTX JNJ MRNA ORCL X TSM VZ T BRK.B WFC AMAT UBER CSCO GS WMT SNAP PFE PG OCGN JD MA CRM CMCSA AVGO SNOW UNH PINS LRCX AMGN TWLO IBM W NOW LOW ADBE VALE CAT TWTR MELI GE NVAX BKNG ABNB KO ETSY DUK GM TXN ABBV MRK MS TDOC EXPE PLUG CRWD PFPT NKE PEP UPS RTX COST QRVO CLF VIAC CHTR ZM FUTU AAL EBAY TMUS TMO BYND GME CVS CI BMY MMM TGT SBUX SPG CVNA DE NEM ADI LMT NUE F SWKS UAL BILI GILD MAR ATVI ASML HON NXPI FDX SLB LEDS AMT REGN DHR RBLX COF SPGI OXY VIPS LIN RNG COP BBY ADP U MDT MCD ALGN MARA AA CCL AXP RIOT KLAC TME ACN EOG GOLD ABT NEE BEKE BDX TLRY AZN VTRS DOCU PENN EA PM LLY NET SHW USB SPOT ISRG MOPXD UNP MPC DAL AON PTIX HUBS ALXN SCHW RIO STX CNC AMC MRVL PNC PODD FSLY MDLZ ANTM PRPO CERN === May 7 Friday: Market Summary: Stocks SPY+0.8%, Bonds TLT-0.6%, Emerging Mkt EEM+1%, Small IWM+1.2%. NFP Jobs shock: +265k, expected 1m; Bonds spiked +1.5%, then sank, with Wages +0.7%, e0=; both monetary and fiscal stimulus less likely to taper anytime soon. Markets also look towards extended UI jobless benefits, ending in September. ECB member Kazaks said QE may be cut in June. IT,SP bonds fall, since March. Overnight strong CN PMI data, was offset by more hawkish US-CN rhetoric. Techs recovered losses; value and commod's melt up: Copper+3%, Lumber +3%. Sentiment: ARK's Wood talked cheerily on CNBC. Musk hosts SNL tomorrow. Earnings Movers by ~impact: Healthcare XLV+0.7%: ELAN+6%, CI+2%, MODV+7%, AVNS-4%, MD+20%, AMRX-10%, Ocugen OCGN-4%, Cronos CRON+1%. Tech XLK+0.9%, XLC+0.8%: LBRDA+3%, VTR+2%, QRTEA+15%, AXL+7%, PAYA-4%, TIXT+3%, TU+1%, LSXMA=, CLGX=. Energy XLE+1.8%, Oil=: ENB=, TRP=, CCJ+11%, CVE-1%, ERF+6%, STNG+9%, NOG+9%, GLP-7%. Consumer Cyclicals XLY+1.6%: Draft Kings DKNG-7%. Nikola NKLA+13%, LEA+2%, QRTEA+16%, JOUT-2%. Utilities XLU+0.3%: NFE+4%, HE+4%, SR-1%. Others: Cinemark CNK+5%, AMCX+4%, Icahn IEP+3%. SPB+3%, IBP-8%, GVA-7%, SSP-5%, ATH+2%, BPY+1%. ITT+1%. WFG=. Overnight A/H, today: SQ+4%. ROKU+11%. EOG+8%. CVNA-6%. APTV+5%. MSI+6%. W+7%. MCK+7%. ET+7%. EXPE+5%. DDOG+8%. IAC+5%. LYV+6%. NWSA+5%. HWM+4%. TPL+9%. TPR+5%. BLL+18%, BYND-7%, IIVI+6%, APPN-11%, TWST+12%, QDEL+11%, TDC-16%, RVLV+12%, SHAK-15%, FROG-15%%, CARG+14%, IHRT+14%, RETA-9%. Earnings flood (see daily stock value totals) starts to thin, over the next 2 weeks: World Stocks' Quarterly EARNINGS: May7Fri: R5 $1,600B MarketCap (value): SIE. CI, BMW. CRARY. HDB) MQBky) OCBC) UOB) ENB, TRP, VTR, Nkla, Mara, Ads. Lbrdk, Tu, Iep, Elan, Kao) Gmg) Clnx. Icagy. Rea) Ocpny) UltraC) Npscy) Ssumy) Ath, Lea, Fwonk, itt, tixt, Cron, Dkng, Ocgn, Amcx, Cnk, Pszky. Otp. hrnnf, ncSo) japsy) ccj, nfe, esnt, he, qrtea, ibp, unvr' acdvf) mnbey) asgly) ptgcf) yangMi) innolu) jfeef) sr spb flr, md, gsbd, li. sggkf) bkahf) gebhy) ricoy) rbi. inxsf) farEN) osagy. akaaf. dnopy. jun3. bzzuy. brthy) rgedf. waf. apemy. mgyoy. alpa4 jttry) u14) avns modv paya gva npo ssp road jout mmi lxp abr svc epix batrk krn. isctr. petkm. eao. sbs. sii axl nhc mrsn rdus ruth nog glp vivo amrx tile kop gato aud rmr dxpe gci ff tgls dske plym clmt cio anip ltrpa sify cnty zeus ds ttsh plxp imux eigr galt adma -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Fri turnover leaders: $250B~ value: TSLA AMZN AAPL MSFT ROKU PTON FB SQ GOOGL NVDA BA AMD GOOG PYPL BABA JPM DKNG XOM NIO MRNA BRK.B SHOP BAC OCGN NFLX NKE FCX BIDU AMT PFE UBER CSCO C DIS GS PLTR CRM SNOW TLRY WFC TWTR INTC ORCL CVX TSM MA MU SNAP WMT EXPE ABNB CMCSA V BYND IBM RHE HD VIAC AMAT ETSY NOW TWLO MELI QCOM T PINS VZ MRK GM BKNG JNJ TXN CVNA MS PGWX CNC TMUS BNTX CAT ADBE ABBV UNH LOW VALE TTD FUTU ZM GE AAL COST CVS PODD TDOC DHR TMO NXPI LRCX UAL DOCU AMGN DE ATVI EBAY BDX PEP EOG CRWD BILL JD HUBS KO GOLD UPS FDX LIN SBUX NUAN COP MNST NEM DDOG FSLY CLF CCL NCLH CB AVGO SLB RTX DAL NET BMY KSU PLUG Z CHTR LLY TGT MPC MDT F LB ABT OXY PFPT RKT UNP LMT GME FIS TJX CI DUK FISV ET HON SCHW NVAX RNG MAR CCXI STX RUN ADI AON ISRG NEE ENPH ALGN SPGI AXP PDD PENN ACN SKLZ CTSH JAZZ USB BKR COF LYFT NUE GILD INTU NOK MCK ADP ASML MMM JCI CCI EL MDLZ MCHP RIOT MARA AMC DOW === May 6 Thursday: Market Summary: Stocks SPY+0.8%, Bonds TLT+0.1%, Emerging Mkt EEM+1%, Small IWM+0.1%. Weekly Jobless fell below 500k, a pandemic low (530k expected) ahead of Friday NFP Jobs, e980k. Wages fell -0.3%/yr (expected -1.6%); Productivity +5.4%/y (e5%). Fed's Financial Stability Report, sees asset price and hedge fund position risks. GBP=: In it's monthly rate decision, the BoE spread existing QE over a longer period (buys £3.2B/wk, was £4.4B; unti Dec, was Oct), denying it was a taper. Frothier market segments are correcting: ARKK, SPAK, meme, crypto. Rotation to value continues (helped by inflation): causing Dow DIA+1% to push new highs. Crypto cool: BTC-2%, ETH-1%, DOGE-10: COIN-6%, RIOT-9%, MARA-6%, SI-7%. Meme stocks cool too: GME+1%, AMC-2%, BB-1%, OCGN-12%, MVIS-4%. IBM+1% has made the first 2nm chip: fingernail size, with 50B transistors. TSLA-1% has very strong demand, all sold out this quarter. Baillie Gifford funds cut stakes by 40% in Q1 (13-F). NCLH-7% says it can't launch US cruises by July. Earnings Movers: Healthcare XLV+0.2% (bounced on DE's Merkel rejecting giving away vax IP): ZTS-4% (livestock health spinoff from PFE), MRNA-1.5% (announced booster vax for BR, ZA variants), BDX-4%, REGN+3%, MCK-2%, CAH-7%, PODD-4%, MTD=, GH-4%, TECH-1%, XRAY=, NTRA-8%, MRTX-12%, EXEL-3%, XLRN=, VIR-4%, TWST-5%, SEM+2%, NTLA-7%, CERT-6%, PGNY-2%, QDEL-4%, IOVA-2%, AMN+6%, INSM+6%, OPCH-5%, KRTX+4%, AHCO-12%, BCRX+20% (rare disease drug sales growth), PBH+6%, HCAT-6%, CVET-2% HSKA+8%, FLGT+2%, CTRE+2%, AXNX-1%, IRWD-3%, DRNA-6%, JYNT-10%. Tech XLK+1.6%, XLC+1.2%: FIS+2%. CVNA+3%. W+6%. EPAM-1, DDOG-7, CGNX-1, BKI+4, AVLR-5%, BILL-6%, OLED=, APPN-3%, ANGI-3%, FOUR-12%, IIVI-7%, VNT+4%, TDC-1%, DOCN-6%, RPD-4%, FROG-3%, RVLV-2%, NSIT-6%,AVYA-12%. Energy XLE+0.5%: CNQ+3%, ET+3%, PBA+1%, TPL-5%, MP-7%, HL+16%, SSRM+8%. Materials XLB+0.7%: LIN-2%. MT+5%, WPM+3%, KL+3%, AMRS-16%, MTX+2%. Others: BUD-6%. MNST+1%. AIG+3%. BLL-2%. MGA+2%. K+7%. AES-4%%. LYV-5%. PENN-8%. TPR-3%. IRM+8%. BLDR+6%. NCLH-7%. NLSN+2%. HII+3%. AXON-7%. TMX-4%. WCC+9%. EXPI-9%. KTB+5%. PFSI-4%. PZZA+7%. WD-11%. SBH+20%. NMRK+11%. EPC+9%. SNCY-7%. VGR+5%. CLNE-7%. GOGO+8%. After Hours: ROKU-7%,+9%AH. SQ-3%,+2%AH. MCHP+1%,+4%AH. EOG=,+4%AH. AIG+3%,-2%AH. PTON+1%,+6%AH. EXPE-4%,+5%AH. NET-13%,+8%AH. BYND-2%,-7%AH. VIAC-2%,=AH. IAC-1%,+2%AH. MSI+1%,+3%AH. NWSA=,+3%AH. Overnight A/H, today: UBER-9%. PYPL+2%. BKNG-2.5% TWLO-9%. ETSY-15%. CTSH-8%. RKT-17%. FSLY-27%. ALB-9%. ANSS-6%. TXG-21%. RUN+12%. ZNGA+6%. LUNM5%. BFAM-7%. RDFN-16%. CCMP-11%. LOPE-16%. GKOS-9%. World Stocks' Quarterly EARNINGS: May6Thu: R8 $3,500B MktCap (value): SQ' MRNA, ZTS, VOW3. LIN. BUD. FIS, BDX, REGN, ROKU' MT. AIG' EOG' MCHP' MSI' EXPE' VIAC, PTON' MNST' NET' IAC' UCG. CABK. Nilsy. Zal. Gle. Hei. Mp' Ddog' Epam, Mck' Mtd' Bll, W, Evk. Eslf. Enel. Hen3. Ntdoy) Nab) Lr. Ing. Muv3. Aptv. Cnq, Mga, Nwsa' Wpm' All, Ed' Et' Fms. Cvna' Ppl, K, Lyv' Dbx' BYND'\ Tech, Xray, Cah, Pba' B3sa3 Ambev3 Cqp Ppod Aes Pwr Amh Tpr Cgnx Hwm Penn, Bip Evrg Fer. Nxt. Gblb. Colo. Ho. Kfh. Vedl) Bdev. Sbsw. Maruy) gxyyy) kykof) irm nclh reg gh lnt cnp otex bki un01. mndi. fnd bill avlr oled cabo bldr midd tpl fnf ver cold kl wfg y pcty nlsn stor axon aqn raa. rec. tlx. gn. scha. ake. esun) novatek) ana. rrtl. gfi. aibg. ntra bap\ Amc' Trip' Cwk rp hii nrg trgp mtz mrtx flir bld exel xlrn post angi stwd rga fvrr appn iivi plnt foxf bl hta tmx mms vir cdk al tdc vnt twst pk nomd sem four jobs syna nfg pgny ntla altr cert qdel wwc docn appf icui iova expi adnt ftdr msg kwr aciw rezi seas rpd shak frog hain ay njr becn amn ago rvlv env amrs ktb ale nsit stmp wd peo. icl. dln. af. adaniP) aaon hl comm nktr clny swx lnr fr ssrm pfsi aple opch golf ahco reta vg insm diod wbt pzza sfm sun tds prlb den yelp cwen carg mur csod mtx spxc ths bcc ihrt unit tse focs main cnce avya. nvmi ufs svmk axnx hcat laur sncy sbh pbh xhr irtc drrna sats epc himx idcc bke flgt clne vsto gtn vgr gsat eb nmrk dlx hska core ntct bv vctr bcrx praa sumo tpic oust irwd gnl drh ctre mfa bwmx gpro grpn kura adct cytk uis csii frg atec cmbm tvtx acmr usph oec cdxs endp hmpt evop cnxn ymab bkd sxi erii shyf hmhc trhc oksl agm karo uscr gogo chrs gden pahc dvac rc bfs brbr stng zgnx umh cris chuy cars ntus ten amph oprx prdo wrld tcx pae fnko jynt adap mye ueic coll vray gdyn mnrl epzm cmrx ctlp aldx rmax twi bbdc lxrx bxg lqdt agen hci ziop avd atrs ecom icpt cara loco xxii crai cdxc egle tmst anik albo cplg vntr mirm ctt gts siga ctmx glog atro insw dmlp srlp txmd cps sppi wldn true oyst infu gern ater rgs atnx scor natr pybi este spro gwrs fldm autl athx itic syrs inve nnbr ags ajx gpx immr chma airg lee sic -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Thur turnover leaders: $250B~ value: TSLA AMZN AAPL MSFT FB MRNA PYPL PTON UBER,, SQ, AMD ROKU, GOOGL NVDA BABA BA NIO ETSY,, GOOG SHOP JPM PFE TWLO,, NFLX PLTR, BRK.B VIAC BNTX SNOW, XOM BAC LEDS/// WFC BIDU PINS, C MELI, INTC MA CSCO V DKNG,, FSLY,,, SNAP PG ABNB, AMT UNH DIS W' ADBE HD GM MU QCOM CRM TMUS' ORCL GS IBM CAT NVAX NOW FCX TWTR CVX MS NCLH, PLUG, COST TSM ZM BKNG UPS AMAT MRK TLOW JNJ CRWD, CVNA, VALE' DOCU PENN,, VZ K' TXN GE CTSH,, GOLD OCGN,, FDX CVS DE TDOC, REGN WMT LIN ATVI CMCSA LYFT, ADI LRCX HUBS TMO BMY RUN/ RKT,, AMGN NET,, NKE TTD, BDX, ABBV FIS CCL Z PEP RNG,, RCM KO ENPH, SPGI JD EXPE, FUTU, AVGO LLY PM CLF F PDD OKTA, PFPT NEM BYND COF MDT UAL AAL ACN JMIA COP NXPI ZTS NEE X ABT TXG,,, GILD FISV RIOT,, ASO ANTM XPEV, DDOG, HOME// TLRY,, GIS MGM, TGT GME SBUX U, HON SLB DHR EBAY RCL MPC SKLZ CI AXP MARA, NUE DAL MCD LVS, UNP SPOT TJX LMT RTX ALGN AES, FOUR,, CMG CAH, EMR TBBK MO ASML NOC KR MDLZ ALB,, RBLX CBCCI OXY -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%////  v3%, v8%,, v18%,,, v35%,,,, === May 5 Wednesday: Market Summary: Stocks SPY+0.2%, Bonds TLT+0.2%, Emerging Mkt EEM+0.5%, Small IWM-0.4%. Weak ADP jobs (a sign for Friday's NFP Jobs) and ISM Services hit techs, but cyclicals keep rising: Materials XLB+1.3%, Financials XLF+0.2%. US Quarterly Treasury Refunding announcement (all bond auction sizes) came in as expected. Rotating hits on market sectors in sequence, often dent overall assets very little. Richly valued Techs are slipping back, despite blowout earnings: rate rises hurt. VNQ-1.5% REITs: rate-proxy sectors weak, on rate rise fears, via Yellen. Biotech IBB-1.3%: US backs vax IP waiver. Big disincentive, and key tech loss. Dow DIA+0.2% made new highs again. FTSE+1.5% similarly benefits more from a higher cylical weighting (and early UK reopen, on May 17.) Thursday's UK regional elections may help Scottish independence parties; also BoE decision. A G7 statement urged China (CN) to follow it's global agreements (TW/WHO; trade practices; Uighurs). CN's NDRC has suspended trade dialogues with AU. FB-1%: Facebook's independent oversight board kept up the Trump ban, for inciting violence with disinfo; and demanded clear rules. Trump has just set up his website, for a 2024 Presidential run. LYFT-6% beat but gig workers reclassifed as employees: hit DASH-5%, UBER too. Peleton PTON-14%: treadmill recall, after a child's fatal accident, and reopening. CME-1% will close all floor pits, except STIR Eurodollar options. HNST+44%: $2B MktCap IPO of Jessica Alba's baby/beauty Honest Company. BTC+4%, ETH+8%: COIN-3%, RIOT-3%, MARA-1%, SI+2%. SQ+2%. TSLA=. DOGEcoin+16% (#4 Crypto) seems the biggest meme-bubble ever: a crazy-spec indicator. Musk (pumps DOGE) hosting SNL this weekend, may lead to a climax. A PolkaDOT (#7 Crypto) Closed End Fund is likely to be listing soon. Earnings Movers: GM+4%. HLT-4%. CNHI+4%. ALB+3%. SMG+6%. FMC+2%. TT+2%. RUN-4%. NYT-4%. RDFN-5%. SPR-5%. PSN-4%. BBU+7%. DNB-5%. HAYW+24% Hayward pool equipment. Office Depot ODP+9%, also spinoff. Energy XLE+1.6%: (FundStrat's pick; Oil= on inventories) MPC+3%, XEC+5%,-6% AH, HFC-4%. Utilities XLU-1.7%: EXC-3%, PEG-3%, SRE-2%; CLH+6% waste. Healthcare XLV+0.2%: ABC-6%, WAT+3%, IONS-5%, NEO-12%, TNDM-3%. Tech XLK-0.3%: CDW-3%, FICO-2%, FLEX+4%, CYBR-12%, AEIS-9%, EAF-9%. After Hours: UBER-4%,-4%AH. PYPL-1%,+4%AH. BKNG-2%,=AH. TWLO-2%,-5%AH. ETSY-2%,-9%AH. CTSH=, -6%AH. BE-6%,+3%AH. QTWO-2%,+5%AH. A/H from Overnight: TMUS+4% ATVI+1%. MTCH+4%. DVN+8%. CZR+8% World Stocks' Quarterly EARNINGS: May5Wed: R10 $3,200B MktCap (value): PYPL' UBER' BKNG' TWLO' GM, MELI' ETSY' CTSH' NVO. MAERSK. ISP. EXC, ABX, ALB' FOX' HLT, Abc, Rsg' Tt, Cnhi, Mpc' Dpw. Anz) Mfc' Peg, Met' Emr, Anss' Cnswf' Slf' Cdw, Flt' Txg' Hubs' Hznp, Trmb' Wat, Cern, Fmc' Smg, Znga' Fnv' Ugi' Sampo. Wkl. Gmab. Dsm. Ele. Stla. Sre Wrk Lbtya Fico Eqh Lumn Gddy Cday Ato Bfam Bwa Dnb Ni Nbix Nyt Jll Fsly Gwo bdwby)fts wtrg lblcf mdu rdfn xec tou enr. hnr1. vie. solb. saga. itv. adaniE) ambuja) cpin) bbu lhcg reyn pri ions srpt hfc eqt qtwo nrvo Be Spwr gil bsmx bak flex site vst rgld vac fate pfg nvst run adt pfg frt staa tndm neo cw cybr mtg ccmp adpt ryn unm lnc pnw gfl lesl orcc src boo. bdwby) robor) saga. dcp stn nrz lope clh spr algm hayw psn seb trno hr arx allo rcii aeis ora arna cdna sbra qlys doc nuva pdce tptx cpa eaf aqua klic ktos inmd ava ghc cybg. hsx. bos. toy epr enbl lila rkt band cim rock acad brlxf kw flow fun srgy cent vcel root noos omi om sji accd mfi trkny. rlj gbt gdot xncr sbgi hubg edit simo crto odp ptve two mgy aaww blue ttgt alg qtrx evh ping ww prim aste whd skt cpe plmr nwn din esta ssys nblx mgpi ameh dpm dac ocul ecpg saft rdwr nmf plya tvty rgr tup dnow petq gel kids knsa bcsf smp dhc avid cxw hngr pasg parr talo gprk psnl np vnda aegn hcc gthx tpc mtw insg adtn aeri slrc axgn ufcs ll aosl vrtv bcor gnk osur rmni ryi sva mcs isee dgii blx imxi rigl bbsi cste sb pnnt arlo pkoh zixi kala hear mlr lpi ccrn amot snr vapo clw ke notv -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Wed turnover leaders: $250B~ value: TSLA AMZN AAPL PTON,, MSFT FB NVDA AMD MRNA, BA GOOGL GOOG PFE UBER, BABA PYPL BNTX, NFLX RHE/// SQ BAC GM' V SHOP NVAX, LYFT, INTC UNH BIDU ATVI TMUS' MU ROKU, VIAC ADBE JPM HD XOM AMAT TXN BKNG OCGN,, SNAP, ATNX// VZ QCOM CMCSA CSCO GS AVGO TWTR MDT MRK CRM NIO CVS WFC C Z, COST ETSY PEP NXPI WMT MA AMGN TMO LOW JNJ PINS PLTR ZM EL ADI TWLO ABBV CVX MTCH FCX' PG NEE NMRD/// NOW DOCU, IBM BRK.B PLUG AMT GE DIS CLF COP' SLB' CCL CZR' UNP ORCL LRCX DE T RNG PFPT SCHW UAL DKNG ABNB, BMY AAL ASML MELI TDOC ABT NOC UPS EOG SBUX NET CAT DVN SKLZ,, FDX DOW MDLZ W NKE LUV FISV ADP LLY ACN OXY' NUAN TGT AXP BP REGN MS DUK MARA X, LIN MPC' ISRG ANTM ABC DAL CHTR ENPH NUE F MCD TSM GILD RIOT USB HLT SPGI EBAY INTU JD VRSK,, CRWD PXD GME SNOW COF PENN AIG BDX CERN KLAC EQIX CHMA// CVNA, NCLH NYT BKR EXC FANG CI ETN MRCY,,, MET CTSH AZN IT RTX MVIS, SWKS FUTU SEDG PM TJX FIS DHR EMR LMT AON MMM CNC RUN, TTD, PRPO, -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, ==== May 4 Tuesday: Market Summary: S&P SPY-0.7%, Bonds TLT+0.7%, Smallcaps IWM-1.2%, EEM-1.1% EMs weak. CN, JP on holiday. Infineon IFX-6% (missed earnings, on auto chip shortages) led DAX-3%; also dragged by general China/Taiwan fears. Greens' candidate for Chancellor, Baerbock, has the best ratings for replacing Merkel. This means tougher DE responses to CN on human rights, which can hurt DE supply chains. US Tech XLK-1.8%: AAPL-3.5% on a MS note. But supercap Dow DIA= climaxed and bounced all 1% early loss, after Yellen's suggestion (softened later) that small rate hikes could tame inflation: as Financials XLF+0.8% benefit from rate rises. AMZN-2%: Amazon's streaming video, with ads, now reaches 120m viewers. Microsoft MSFT-2%: Bill and Melinda Gates announce a divorce. No preNup. SDC-19%: SmileDirect (braces) disclosed a cybersecurity attack weeks ago. BTC-6%, ETH-1% ($3,500 high, on Fintech/ Smart Contract / NFT edges); SQ-5%, COIN-5%, RIOT-6%. TSLA-2% (still the core meme-linked boom stock). Oil+3%, yet Energy sector stocks flat XLE=. Grains boom on CN demand, BZ drought, Biden's biofuel. Lumber has hit limit up most days in the recent boom. Earnings Movers: Healthcare XLV=flat, yet CVS+4%, IDXX-4%, CTLT-7%, INCY-5%, HSIC+8% BHC-11%, RGEN-6%, RCM-12%. Thomson TRI+3%. Ferrari RACE-6%. SEDG-15% solar. CWH+10% RVs. MRCY-7%. WMG-6%. SEE+9%. Materials XLB+1%: VMC+5%, MLM+5%, DD+%2%, AMCR+5%, LPX+7%, ARNC+19%. Tech: RNG-6%, PAYC-6%, XYL+4%, MPWR-5%, IPGP-10%, ZBRA-2%, SABR-14%, IT+14%. After Hours bounces: T-Mobile TMUS-2%, +3% AH. Match MTCH-6%, +6% AH. LYFT-2%, +4% AH. Zillow Z+3%, +5% AH. Activision ATVI-3%, +5% AH. World Stocks' Quarterly EARNINGS: May4Tue: R10 $3,300B MktCap (value): PFE, TMUS' ATVI' IFX. Z' MTCH' CVS, GPN, COP, TRI, AXA. IDXX, KKR, XLNX' RNG' D, DD, LYFT' Syy, Pru' Pxd' Ctva' Vrsk' Zbra, Etn, Cmi, Zbh, Mpc, Anet' Ame, Vmc, Mlm, Payc' Exas' Xyl, Lng, Ctlt, Incy, Expd, Akam' It, Crl, BEN, Mplx, Czr' Apo, Vna. Alc. Eco' Telny. Gebn. Bharti) Cht) Tlk) AdaniP) Atgl) Amcr) Aden. Dvn' Br, Mpwr' Ldos, Pki' Bg, Hst' Rgen, Bhc, Ipgp, pen hsic dlb uaa see afg aiz jazz bery peak h wu iaa hfg. grf. cpr. demant. pndora. saudMi. lpx/ lamr nnn lsi rare rcm gmed cohr ingr nxst nvta insp cour stag dei upwk hlf ayx ttec rdn lgih sage wk alrm bkh pinc cdlx atc mrcy mcfe hasi wts lanc rhp jbgs arnc sign. orp. tmv. sjmhf. froto. twMob) algt lciii viav hi lpsn virt out kiimant mcy spt cvlt nsa door vsh crsr wtm etrn eqc kxs bnl mic ptct ese med pcrx dcph amrc cwh sklz rrr cyrx rpai fss iosp cmp hep nmih silk epay ns gluu kai gcp arcb infn pro dk cpk kar mcrb smci dkl mbu syke gnmk toi stlc pvb eqb ero dea spns sitm icfi lung hmn syx sgmo amk tslx lnth ichr ingn wdr tnc hsc kamn usac acls grbk crk hy nrc tbph hurn denn atra cdev veco pump gldd dht ospn inn chct cers ande wlkp vrex utl ahh tmdx nex espr fi xent hcci veri dco glt kopn trtx cldt ryam peri scu gilt kbal pvac bry bxc wti jnce bnft wttr acre rm drrx bgfv rcky -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Tue turnover leaders: $300B~ value: TSLA AMZN AAPL, MSFT FB NVDA, GOOGL AMD BA GOOG BABA NIO, MRNA, SHOP PYPL, SNAP, BAC NFLX BNTX,, PFE SQ, JPM INTC AMAT, JNJ C BIDU T TWTR QCOM CVS' MU CRM CMCSA XOM PLTR V COCP// PINS ATVI COIN UNH HD DIS PG VZ BRK.B MA ADBE X' UPS GM, PRPO' ROKU, ORCL WFC NOW BLRX// TWLO, NVAX, ZM OCGN,,, PFPT TSM PLUG ABT MVIS/ AVGO FCX UBER, GE DKNG GS EL' TDOC, SEDG,, LRCX PEP DOCU, ASML, CAT TXN CLF/ ABBV IBM CVX CSCO CCL WMT PTON FISV AMGN MDT NXPI CRWD ENPH LOW VIAC F BKNG NKE LYFT COST Z TMO ABNB OKTA RTX SCHW AAL KO MRK FDX MS UAL, SBUX LLY NEE SPGI BMY CCXI,, COP JD MELI MTCH, ETSY DAL,, GILD LIN GME COF DE ALGN HON TMUS UNP VXRT/ IT/ SPOT, WYNN, MCD VALE NCLH ADI LMT SNOW SWKS RIOT, EBAY CHTR VIPS, ISRG MDLZ SKLZ FUTU, CCI ETN RNG, W PNC ACN STX, NUAN ANTM TEAM PENN WD AY DHR XLNX PDD PM ALXN TFC PPD KLAC DOW CI FIS INTU, MARA, EQIX USB CVNA HUM AXP TGT SHW MO NUE' BYND NET, AMT PH BTX,, CHGG MRVL WDC, CZR ADP RUN, AZN -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, ==== May 3 Monday: Market Summary: Stocks SPY+0.2%, Bonds TLT+0.2%: Very weak ISM Manufacturing (60.7 vs e65, 10ET) spiked Bonds to +0.7%. Prices (raw materials) jumped to the highest level since 2008. Also the Senior Loan Officer Survey (SLOOS, at 14ET) showed weak loan demand in Q1. NYC reopens on May 19; and May 7 in UK: today was a subdued Bank Holiday. CN, JP off too. EMs flat: EEM=. Smallcaps IWM+0.5%. Communication Services XLC-0.6%, Healthcare XLV+1%, Materials XLB+1.5%. AAPL+1%. has another lawsuit, from Epic Games, the Fortnite creator, about lowering fees. It is also being sued by SPOT, FB and TheTileApp, about preferential ads. Appleinsists it is more serious about consumers' privacy and security, than Adroid (GOOG) & FB. TSLA-4%: Berlin gigafactory delays. BTC+1%, ETH+17%, COIN-1%, but RIOT-5%, SI-5%. XRP's Ripple Labs will go public, to become the 2nd largest Blockchain stock, after COIN, ahead of RIOT. PYPL-1% Paypal may launch its own stablecoin; EBAY+4%: plans crypto, NFTs. Oil+2%; Oil Drillers OIH+5% on BARC upgrade of BKR+8%, HAL+6% Volatile small/mid bio's: VXRT+24% AH: recovered today's losses, on vax news. BTX+58%, acquired licence from MRNA+4% (who also finalised 500m vax supply to UN). Novovax NVAX-18%: bad vax news midcap. GME-6%, AMC-3%, OCGN+24%: meme-stock short squeezes have peaked. Earnings Movers: Calendar slows: Energy XLE+2.7%: FANG+2.7%, SU+2.5% RIG+4%, CVI+5%. REGI renewables -5%. Tech: Zoominfo ZI-4%, ON-4% chips. Estee Lauder EL-8%. IRBT-4%. CHGG-8% education. ATCO+4% ships, power. Berkshire BRK-B+2%: Buffet (& Munger's) e-AGM: tough views on Bitcoin, Robinhood, SPACs, inflation; Except for Apple, he missed tech growth. $145B cash pile, spends $30/B annualised on buybacks. Greg Abel to be successor. World Stocks' Quarterly EARNINGS: May3Mon: R5 $1,800B MktCap (value): BRK-B(Sat) EL. Shl. On, Epd, Su' Wmb' Wec, Ntr' Awk' Agr' Fang' Xpo' Sedg' Mos' Zi', L, O' Chgg' Bldp, Wbk) KotakM) Itub4 dmart) grasim) fAbDbBk. dSulai. sci qgen jkhy frpt wwd amg leg car bwxt rbc vrns cr shls fls cc ogs itri irbt rent3 bbse3 emaar. akel. 0zq. g07) lti) idbi) adc atco nsp kmt regi rig fn cbt awr maxr sho eprt sanm lthm ldi lgnd mygn mwa ue egov cvi rmbs pkiuf stljf cjt tri. bsm ottr rily argo adus qure alx gpre vnom kfrc sibn tcmd plow ever bcei hlit csr sohu smlr uan str pets strl kpti spne dtil frph ipi dzsi ta soi -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Mon turnover leaders: $250B~ value: AMZN TSLA, AAPL FB AMD, MSFT OCGN// TWTR GOOG GOOGL NIO BABA NVDA MRNA' BTX/// BA NFLX PYPL V PFE JPM BAC NVAX,, SHOP, PRPO//// UPS' EL, FDX' MU DIS VIAC, BRK.B CRM SNAP, FISV SQ WMT INTC MA XOM HD ORCL BNTX/ NOW, T BIDU C JNJ PG QCOM ABBV UNH RHE/// TSM AMAT VZ COST PINS, LOW TXN MRK DKNG FCX AMGN GE GME, CVX IBM CMCSA PLUG, ROKU PEP TDOC, UBER PLTR, WFC SWKS ADBE VXRT,,, CAT CVS TMO F EBAY' PFPT LRCX ZM CSCO ETSY, AVGO PTON BMY GS NKE GM MARA GPS' PDD UNP W, X' GILD' CCL ATVI AAL TWLO LLY SPOT MCD CLX ABT RIOT, KO OKTA, MS TMUS UAL SBUX ABNB FUTU MELI LMT ENPH DISCA, HON ADI MTCH, NCLH PENN RTX JD MRO TGT NEE XLNX, KMI COP BKNG TJX CRWD VALE KLAC ASML MHK' AMT SNOW, DAL Z, TLRY, ISNS/// MDLZ NXPI ALXN ON, NET AXP BYND, MDT DOW AON FIS SPGI MPC TEAM, BILI, DOCU, COF ILMN GOLD' CHTR SCHW NUE' NEM ZS, NOC DHR MVIS,, MO LYFT ACN CB DDOG,, CVNA ALGN FSLR ANTM AHT// DUK NOK' AZN CTSH PM TTD, NUAN STX WDC ISRG INTU REGN WDAY M' VLO' SLB' -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, ======

April 30 Friday: Market Summary: SPY-0.6%: Month-End tiny pullback from highs, despite tech and EMs cooling. Cool price action feeds "peak growth" fear, yet analyst catchup upgrades abound. Despite 1/3 of global earnings this week, S&P is exactly flat near All Time Highs. Next week: ISM, NFP Jobs; UK AU CA NO TR rate decisions. Smaller earnings. TLT+0.3% Bonds quiet, GLD-0.3%: ECI Wages & PCE-PI (~CPI) beat consensus. Kaplan (hawk, but non voter until 2023) repeated his preference for taper soon, (But Chair Powell leads FOMC consensus that system leverage is acceptable, and stimulus is needed until laarge jobs gains, and inflation holds over 2%. The Fed has long been more concerned about avoiding JP-like deflation risks, as tech and EM industrialisation drives tech goods prices softer in the long term.) EEM-1.7%: HK EWH-2%: CN PMIs missed; FinTech regulations will hit techs. INDY-2% Indian virus tragedy continues to drag Oil. Smallcaps IWM-1.3%. AAPL-1.5%: EU Commission antitrust action started by Spotify SPOT-4%. TSLA+5%. BTC+7%, COIN+1%, RIOT+4%, MARA+7%. Meme stock OCGN+6% Earnings movers: Tech XLK-1.3%: BABA-1%, AMZN=, SWKS-8%, TWTR-14%, DXCM-14%, TEAM-3%, DLR+3%, FTNT+4%, ZEN-2%. Chips: KLAC-4%, WDC-1%, CRUS-14%, STM-5%. Many weak, even after earnings beats and raise of guidance. H/C XLV-0.3%: AZN+3%, RMD-8%, VRTX+3%, ABBV+1%, GILD-0.5%, HRC-4%. XLF-1%: BARC-5%, BNP-2%, BBVA+1%, CBOE+2%, LPLA+2%, AON+5%, LAZ-2%. Energy XLE-3%: XOM-2%, CVX-3%; IMO+5%, PSXP-5%, HP-8%; COG-2% NatGas. Chemicals: LYB-3%, RIGD-1%. CICOY-4% shipping. JCI-2%, WY-2%, CLX-2%, FSLR-12%, GT-4%, CRI+6%, MVIS-22%, a meme stock. World Stocks' Quarterly EARNINGS: Apr30Fri: $6,000B MarketCap (value): BABA!) XOM, CVX, RIGD) BARC. BNPqy. BBVA. ITW, CL, ABBV. AZN. CHTR Toely) Midea) Foxcon) DBSdy) Kmtsuy) Saf. Wy, Clx, Alxn, Gww, Jci, Lhx, Psx, Cboe, Aon. Lyb, imo, qsr, e. schn. sgre. sren, Cicoy) foshanHa) cypc) hrhsf) hocpy) bcmxy) chcjy) snyyf) mitsy) japay) induBk boeT) saicM) araw) muyuan) laoj) pudo) bjShiR) weicy) ccohf) cmaky) cnicf) Htsc) lsrcy) yihK) wpc, nwl, impuy. ebkdy mtx. kpn. sk3. svcbf. swmay. bsac, vtbr. tkc. polyD) crrc) bjKi) nariT) crwof) nwwcf) airyy) 4fg) wingtec) bkShi) aeccAv) shaanxiC) 2x2a) zlioy) gnzuf) znh) casbf) cbumy) monoy) gujing) shiPo) montageT) opein) sgH) bkBj) huaX) bkNan) avicS) jonhon) cea) cgl) cnShipC) 188h) sanhua) 6cz) hualan) liuhe) changan) founderS) 0ec) yzc) hrc vst psxp hun besi. light. shlx wch. nhmaf) avary) cnSat) baotou) junshi) sdicP) cnRsMc) avicX) guoxinM) 6mt) cnIndSc) orientSec) indusBk) mgp laz avnt por gt pnm bcpc moex. tkc. sso. ror. kog. hmsy usm geld hp tds b mog abr pipr imgn pbi aroc wetf msgn ofix slca asix kop rev siga hmtv eex pfs yesBk) whf irmd plpc nwhm laz avnt gt b pipr fnma wetf aroc jeld mog hp pbi -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Fri turnover leaders: $300B~ value: TSLA AMZN AAPL FB MSFT GOOGL TWTR GOOG NIO AMD NVDA BTX BA V NFLX BABA OCGN SHOP JPM INTC XOM NOW FISV MRNA C PYPL BAC MA WFC QCOM SQ SNAP JNJ DIS CVX BRK.B SWKS MRK IBM MU PG UPS CMCSA ABBV VXRT CRM AMAT TXN MVIS PFE DXCM ROKU BMY F AON HD CSCO TMO T ADBE VZ PFPT PINS CHTR UNH TSM WMT UBER AVGO GM PTON VIAC LOW AMGN CLX UNP GILD BIDU AZN CAT MARA BKNG KO LRCX COST WDC PLUG MS GME NKE SBUX VALE GS PEP TEAM TDOC NXPI ZM AAL FSLR BNTX GE RIOT PDD XLNX ETSY NEE ADI ABNB MDT UAL LYFT DKNG ATVI CCL MCD ORCL NUE ALXN CL TWLO ABT SPGI NVAX COF ACN VRTX NCLH PLTR LLY CBX FTNT EBAY MO BSX SPOT TMUS MDLZ JCI WLTW FDX FCX DHR DHI EL WDAY SCHW LIN JDCOP BILI ENPH PMW CVS RTX WY HON NSC CSX NOC KLAC STX DE ON SNOW XPEV DAL BDX MELI CRWD LMT AXP O FIS MRVL ALGN CMG USB FIVN ZEN OXY ILMN ZTS ASML ORLY OMF MSTR SLB OSTK NET FUTU TLRY VER TTD CRUS COUP CRI NOK === April 29 Thursday: Market Summary: SPY+0.6%: Tech earnings boom rescued a profit-taking day from record ATHs. TLT-0.3%: Drragged by hotter SP,DE CPI's 2-4ET cooling DE30Yr Buxl-1%; then US Advance GDP 830ET was in-line; but Pending Home Sales 10ET was cooler than expected, bouncing Bonds 0.6% from day lows, helping tech QQQ+1.2%. Weekly Jobless was in line. A better indicator for NFP Jobs, is ADP next Weds. EU Autos -3% led EU Stoxx weakness; but soon after EU closed -0.8%, US stocks bounced 1% off 12ET lows, back into the green started by Biden's bullish 1 hour address overnight. XLF+1.8% financials rose on more rotation to value. XLE+1.1%: Oil+1.7%. LME Copper-0.5% tested $10k, Lumber+3%. EEM-0.3%, IWM-0.4%. On Friday: CN PMIs; 830ET PCE-PI deflator and ECI wages: inflation readings. TSLA-3% on KR chip shortage fault. BTC-3%. RIOT-8%, MARA-9%, COIN-1%. LYFT-10%, UBER-6%: Labor Secretary Walsh wants to class gig workers as employees. VZ+1.5% Verizon exploring $5B asset sales from AOL, Yahoo. Equal biggest earnings day of the Quarter: same $11T as yesterday (10% each), but with a larger number of key stocks (marked with capitals below). Impossible for analysts and investors to parse such a data flood; this forces prioritization. Earnings movers: XLC+2.8% Communications Services was boosted by FB+7% on ad price hikes, but Twitter TWTR-10% AH. AAPL= saw profit-taking from +2%. Chips: CREE-14%, QCOM+4%. AMZN+4%AH, strong ecommerce /cloud. Other tech: Samsung SMSN-1%, NIO-5%, NOK+11%, NOW-9%, EBAY-10%, OSTK+5%, TEAM-3%, CTXS-7%, TDOC-9%, ZEN-4%. InfraTech WEX-6%, EEFT-4%. CMCSA+4% WiFi. ADS+10%. Ford F-9%. Tractor maker AGCO-5%. TPX-5%. Healthcare XLV-0.5%: led by BMY-5%, MRK-4%, TMO-4%, ABMD-8%, TFX-6%. Food rally: MCD+4%, KHC+4%, HSY+3%, DPZ+3%, TAP+7%. NEM-3%, Gold-0.5%. World Stocks' Quarterly EARNINGS: Apr29Thu: $11,000B MarketCap (value): AMZN'!! SMSN!) MA, CAT, TWTR' CMCSA, EADSY. RDSA. TOT. SPGI, TMO, MRK, BMY, MCD, AMT, ICE, NIO) IDCBY) CICHY) CIHKY) BACHY) ACGBF) LFC) SNP) KYCCF) BAS. BIDU) NOC, TEAM' MO, NEM, KLAC' VRTX' GILD' BAX, GLEN. NOK. UN. So, Dlr' Khc, Kdp, Eqnr. Mindray) Fmg) Trow, CBRE, Wltw, Stm. Dxcm' Ftnt' Swks' Wdc' Rmd' Ftnt' Nvcr, Ctxs, Zen' Rcl, Dish, Ph, Xel, Hsy, Bce, Tw, Cg, Dpz, Txt, Cgemy. Sber. Nrdby. Lyg. Rbspf. Stan. Dbsdy) Pstvy) Ceo) Wow) Amun. Sdr. Lpla' Agco, Tap, Lha. Codyy. Dnhby. Dnngy. Chvkf) Gwlly) Hymtf) Naver) GreeEl) Longi) Lglg) Ntoiy. 6ht) GuotaiJS) Lato. Stmn. Gnrc, Tfx, Nvcr, Eeft, Cube' Cog' sgen' lh, chd, pcg, fmx, ajg' vici' alny, snn. scmn. fltr. hxgby. rep. ncm) ztcof) scm) hindUn) yanghe) yili) sfHo) Ip Lh Sgen Ajg Ftv Abmd X Swi Jhg Ab Fslr Rlgy Tmhc Mvis Ostk srcl bmrn mwk lsxmk aem fico emn bio cms wst clvt wab lkq dva fivn ssl wex synh stj. krz. omv. amp. ica. f34) titan) bajaA) ads. cor aos glp mmp mpw cpt erie pfpt ares kim cfr colm txrh pacb wsc cacc ard omcl cfx nati kbr. bpmc achc cuz elly kmpr nvtt powi expo ida crus thg fcn trtn hgv Cwt Swn bgcp int prg cnx atkr cri mdc aimc mtsi sndr knsl kex tigo ait spsc rog mmsi vc cwst tex ebs trup tree ccxi ccoi itgr exls ati veon coop gpi evtc fhi ax skyw ftai blmn thrm cig shen frwd htgc patk cohu gnw mdrx town mgnx prft sah sm gshd amrn crs stra atge ehth bsig cva mtls cbz cgnt pbf enva merc fmcc weir. fpe3. fie. hwdn. ctec. mggt. mgnt. mail. imax cown bzh rfp ebc stay ofc peb clbk cxp osis vcra alex pten gwb krg cffn ltc nexa mtrn trss matw istar opi ocfc tcbk amsf mbin lmat cls drq cts cry pbfx onto lind eth nptn casa cbtx cass mitk evlo ulh aspn zyxi onew orc cnsl laws lnw clpt hayn ndls taco btu ghl cnTou) indBC) cypc) -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Thur turnover leaders: $300B~ value: AMZN AAPL TSLA FB' MSFT GOOGL NOW,, AMD NIO, QCOM' BA NVDA NFLX F,, UBER, SNAP BABA MRK, TDOC,, SHOP, JPM BAC MA TWTR V EBAY,, OCGN' SQ XOM TMO, LYFT,, C PYPL MRNA PINS MU UPS IB INTC ROKU BMY, PTON, BIDU WFC CAT CMCSA' GM, MVIS,, T VXRT/ BRK.B CCL DIS HD TSM JNJ VZ CVX CHTR SBUX PLUG ZM, CRM AMGN VIAC ADI WMT PFE PG AMAT DKNG, GS COIN NKE SPOT PLTR PFPT TXN KO MS NCLH ADBE UNH NOK/ LOW ALGN ABBV MCD AAL GE FDX FCX CSCO ENPH SCHW CRWD, CLOV, TWLO, COST AVGO PEP VALE GME SPGI SWKS OSTK' IBM DASH, TME, ORCL BTX,,, CREE,, GILD LRCX AZN HOLX,, JD O MDT RCL, SNOW, ABNB VER/ BKNG NVAX MO CTXS,, MXIM MARA,, LMT UAL NEM GNRC' TTD RIOT,, MDLZ RTX FUTU UNP COP COF MELI CB DISCA ETSY AMT DPZ ABT OXY BILI TLRY, NOC' SHW AON PDD, DISH' TMUS NSC CSX RH PM GOLD LLY ATVI DHR ORLY OKTA, FISV NEE ICE KLAC SYF DE AXP X KMB ZS, WDC GSX, HON CARR MGM, TGT BSX CVS NXPI SLB CL AMC,, DAL AZPN,, MMM BYND BNTX LIN EL USB ACN W DOCU, LULU -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, ==== April 28 Wednesday: Market Summary: SPY=: Stocks quiet on FOMC autopilot rate Q&A: bounced when Powell said not thinking about Taper; eased back when he said macro goals (jobs, 2% inflation) do not have to be fully met, to taper (reduce) $120B monthly bond buys (QE). He does not see financial stability risks, despite some 'frothy' markets. The Fed expects the growing inflation spike to be transitory, due to huge labour market slack, at least until UI jobless support runs out in Sept. Currencies rallied DXY-0.5%, on lack of taper; UBS PPP model shows USD to be expensive. GDP due Thursday; PCEI is key, on Friday. Lumber & Grains are acting toppy. TLT=: Bonds snoozed too, bouncing on Powell, after early weakness fear about Biden's $1.8T 10 year American Families Plan tonight 21hET, in his address to joint session of Congress: will boost education and childcare spending. This is like a State of The Union speech: marking his 100th day (and 200m+ vaxxed). He wants to build trust in Big Government (tough, after US COVID ends soon). EEM+0.8%: Emerging Markets lifted by Energy XLE+1.6%, on Oil+3% (peaked after weekly inventories 1030ET): Goldman upgraded 3Q21 Brent oil forecast to $80. This lifted Chevron CVX+2%, Apache APA+8%, Hess HES+8%. (Explainer: Main active EEM weightings: China primarily; & RU/TR/EEu in EU timezone, LatAm BR/MX in US timezone. EEM index/ETF/futures, are in USD, so it includes EM FX impact, which usually adds onto EM stock index moves. Non-US DMs' EFA(=EU+JP), is less volatile, keys off choppier US SPY, and EEM.) BTC=: Bitcoin flat, but RIOT+10%, MARA+8%. IWM=: smallcaps flat. Earnings movers: GOOG+3% ($50B buyback), Shopify SHOP+11% (on growth) led Communications Services XLC+1%, despite Pinterest PINS-14% on slowing users. SPOT-12%, led Tech XLK-1%; MFST-3% TXN-4%, AMD-1%, beat but guided weak; AAPL+2%; Qualcomm QCOM+5% (phone chip demand); ServiceNow NOW-7%; ENPH-14%: Enphase solar tech. AMGN-7%, HUM-2%, led healthcare XLV-0.3%. BA-3%: Boeing missed due to slow global vax rollout, led Industrals XLI-0.2%. SBUX-3% Starbux missed revenue estimates, on global vax delays. MDLZ+4% Ford F-3% missed: shortage of basic chips, due to Renesas (JP supplier) chip fire on March 19; and CN over-ordering chips, due to trade war fears; and lockdowns lifting consumer electronics demand. US chipmakers had expected a slowdown. Premium chips (GPUs, CPUs; unlike basic RAM, ROM, ICs) are not in a shortage. Today is the busiest earnings day of the Quarter: $11T global market cap of stocks reporting. Global stocks' value: $110T; US is $50T. World Wealth: $500Trillion~. World Stocks' Quarterly EARNINGS: Apr28Wed: $11,000B MarketCap (value): AAPL'!! FB'! QCOM' BA, SHOP, NOW' CME, MCO, SNE) Amperex) Moutai) Hynix) Hkxcy) Mediatek) Byddy) Cichy) F' Ebay' Spot, Gd, Bsx, Hum, Nsc, Sny. Gsk. Adp, Aph, Dsy. San. DB. KKR, TDOC' Swk, Orly' Rok, Crh. Dnzoy) Umc) Fjtsy) Luxshare) Snp) GreeEl) Lfc) Bsbr, Psn. asx. psa' algn' nvtk. eqix' gmbxf knebv. afl yum grmn avb well siri disca wcn rjf invh morn rol ptc atus holx hes ir mgm tdy mas moh cree nly ipg ppd teva Teck iclr avy yndx. assa. dher. rbgly. epoky. svkef. aena. sid wege3 bei. vnm. cabgy. gasny. pum. urw. logn. kgx. covty. col) 6ht) ciihy) cihky) guotaiJS) c0v) yahoy) miely) zch) wulian) shecy) ahchy) Cmclf) Jixay) muyuan) mraay) jpxgy) olcly) ejpry) tyidy) rongs) shenzTr) baiyao) lensT) ach) ppccy) shpmy) maanf) gib exr osk slab grub avtr tyl maa dre re prah pega azpn oc amed mlco sc arcc cone flir aer krc rnr ttek pag wh lfus iart tkr saia evr msa ppc asgn ash hele vvv esi alsn slgn inov axs drvn gra nova auy avt wing six r chx dan livn cnmd bco musa form mth alks shoo mc apls blkb trox sogo twou wern ngvt eat vne cit bpop anat ar mxl mtdr opk joe cake oi cmpr uctt cde pgre cstm sjw vrts kalu mho hni ttmi faro lc camt fres. dws. cinf fcnca rsw. adcb. chef pi extr kra cmre mxdg knl bhe res oii jbss stng echo smhi srdx bcov -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Wednesday turnover leaders: $300B~ value: GOOGL' AMZN TSLA AAPL MSFT, FB AMD SHOP/ BA, PINS,, MVIS' NVDA SNAP NIO BTX/// BABA V SPOT,, ENPH,, AMGN, QCOM INTC TXN, SBUX, MU, NFLX SQ MA MRNA PYPL XOM JPM BAC UPS JNJ VIAC, NKE NVAX, C GME CRM COIN LOW DIS WFC MDLZ' CVX CLOV/ OCGN, GE T NOW HD TWTR MRK BRK.B LLY PFPT AMAT BIDU PFE PG BKNG F TSM CSCO MARA/ ADBE FUTU' UNH GS AVGO VZ PLUG GSX/ FCX BSX' PEP CAT VALE CMCSA AON COF' WMT RIOT/ PTON MCD DISCA, FISV UAL ATVI GM G' MS ADP, SPGI KO FFIV,, MELI CZR TLRY/ JD UBER OXY' IBM RTX PLTR ABBV ADI CRWD ROKU TMO TDOC MD T GILD BMY ADMA/ PDD ISRG MMM UNP AAL HUM CNC, BP COST FDX HON HIG CCL KSU SKLZ, ZM COP LRCX EBAY WLTW' ORCL ABT HCA MRVL CSGP,, DKNG SCHW CCIV RH CSX ABNB SAVE, ZS VXRT ON, AMC, AZN NEE NXPI MO LMT KMB ETSY SYK NUAN AXP LIN SYF UXIN/// DVN/ ASML CB GOLD CHTR DHR DOCU TWLO DPZ WDC KMI NCLH CDNS TER EOG' ILMN CME BHC' DE DAL MGM SPLK CROX CLF PXD SNOW REGN PENN X GNRC BLNK FSLY RUN STX -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, ===== April 27 Tuesday: Market Summary: SPY=: Stocks were flat ahead of Fed day Q&A (watch for Twist, inflation): Weds at 1430ET. Strategist calls grow, for a technical pullback from all time highs. UST Bonds TLT-1% fell all day (despite a brief bounce on $62B 7-year Note auction at 13ET), led by USDJPY $¥+1% bounce, and very strong Consumer Confidence (122 vs 113 expected, 10ET) & HPI House Price Index +12% YoY (year). Cyclicals led again: energy XLE+1.3%, financials XLF+0.9%, industrials XLI+0.9%. Reopen continues: Biden's speech announced no masks needed outside, if vax was done. This lifts travel stocks, such as AirBnb ABNB+3%. Earnings movers: UPS+10%, TSLA-5% (China worries), MMM-3%, GE-1%, UBS-1%, MMC+4%. Shipping leader MAERSK= flat, despite early earnings bounce. Ditto BP= . HSBC+5%. CDNS-8%, LLY-3%, PHM+4% lifts homebuilders XHB+1%. Footwear retailer CROX+15% beat (estimates) & raises (guidance); keeps soaring. After Hours AH earnings leaders now: GOOG+5%, MSFT-3%; AMD+3%, TXN-3%, PINS-10%, V+2%, SBUX-2%, AMGN-3%, SYK-4%, JNPR+3%, FFIV-5% Techs dominate this peak week of Q1 earnings: Weds AH: AAPL, FB. Thurs AH: AMZN. Risks of "pullthru": previous periods cannibalized this period's results. GME+5% after placement complete. MVIS-24%: WallStBet meme mania cools. World Stocks' Quarterly EARNINGS: Apr27Tue: $9,000B Market Cap (value): GOOG'!! MSFT'!! V' TXN' AMD' NXPI. PINS' HSBC. UBS. RTX, GE, UPS, MMM, ABB. BP. NMR) AMGN' LLY, NVS. Syk' Fsv, Mmc, Cb' Mdlz' Shw, Cof' Ecl, Ilmn, Msci, Pfg' Phm, Enph' Ter' Ffiv' Jnpr' Evo./ Adm, Glw, Mxim' Cnc, Amx' Pcar, Csgp' Rop, Fanuy) Sbgsy. Atlky. Eqr' Yumc' Iex, Bxp' Syf, Dte, Eix' Ivz, Chrw' jblu, has, tru entg fqvlf wmmvy dsnky. acgl oke entg ess wynn udr masi cree pii sf hubb byd che crox feye awi Baoshan) hindZ) kyocy) smnny) alfa. avv. upm. nzym. nhy. bim. bol. rual. five. wtb. oln ehc leco tfii fsv rxn ncr nov bmri) ateyy) nrily) mktay) cjpry) alpmy) guosen)\ eastMon) shangxiX) maruti) axisB) bajajF) lgHou) inovan) imeik) sgMic) sstk gpk tenb fti egp psb abg umbf qts apam calx navi matx ppbi fele iwg. bucn. trmk scl usna lbrt atrc fibk wsbc fcpt aat hope roic pjt vbtx pack hees foe opra buse nxrt fcf fbnc audc ffwm tpb aan qcrh hvt atni aten mrc hafc ffic ldl aray sify sqns cybe iin -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: MarketCap x ~%Adjustments Tuesday turnover leaders: $250B~ value TSLA, AMZN AAPL MSFT AMD GOOGL FB SNAP GOOG MVIS,, NIO, UPS/ BABA BA NVDA MRNA INTC GE JPM NFLX NVAX/ VXRT// SQ GME MU SHOP V VIAC FDX BAC OCGN WFC PINS PFPT QCOM ALDX// LLY COIN VZ PYPL FISV, XOM PG HD T ADBE JNJ BIDU MMM C JD CROX/ RTX DIS MA SKLZ SBUX ROKU BRK.B, ATVI CRM CDNS, DKNG AMAT PLUG NKE TIRX// FCX' UBER WMT ZM TXN PFE GS CVX ORCL TWTR CSCO COST UNH LOW CMCSA MRK TSM PLTR LRCX CNC, AVGO HON LYFT SCHW SPLK, MCD PEP PTON RH VALE AAL AMC MS NXPI LMT RIOT UAL GM NOW BKNG BILI IBMF ADI ABNB CRWD NET AMGN CCL DASH' FUTU MELI SNOW SPGI DHR UNP BMY KO OTIS COF NNDM TMO MTCH KMB ETSY VIPS LVS PENN GILD X, MRVL TGT ENPH CAT CZR' NEE ASML ISRG MARA AZN GRA MDLZ PDD MDT COP CLF BTX/// BP TDOC SHW CCIV, TTD SWKS ABT SYF FIS SPG TWLO AXP TMUS KSU WLTW HIG MCO ABBV DHI XPEV, DAL ILMN ACN STX SPOT HCA BNTX BSX AON QS, ROP DE CME OXY MSTR EBAY LIN HUM SLB MMC' CSX CMG NUAN DUK NCLH EXPE AMT -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, === April 26 Monday: Market Summary: SPY+0.2% Churn at highs, ahead of big-6-techs' earnings week: TSLA-2% soft AH: Elon Musk's Tesla Conference Call now, is one of the few, crucial to listen to. They found alternative chip sources, and expect huge Model Y sales growth. (He also hosts SNL this weekend: a possible sentiment peak around TSLA.) 30year Bonds bounced 1% into and after weak Durable Goods 830ET; sagged on 1130ET UKT 2year auction, but drifted flat on 13ET 5year note auctions. Powell's "letting inflation run hot" stimulus, fuels supercycle bulls across all commodities (awaiting CPI this Friday): Metals (Copper+2.5% lifts FCX+7%), Energies, Softs (Lumber+3% lifts WY+2% PCH+4%). Fed rate Q&A on Weds 1430ET, is likely to be more dovish like ECB, BoJ (tonite); not hawkish like BoC. Also boosted, are crypto (COIN+4%, RIOT+6% on BTC+8% bounce), new listings, and new pop meme stocks: MVIS+47%, OCGN+20%; and GME+12%, doubling this AH on stock sale done; AMC+13%). Expect more rotation into Quality and Value: Energy XLE+0.7%, Financials XLF+0.4%, Biotechs XBI+3% $19T (17%) of MktCap of earnings due this peak week: Earnings movers today: AXP+4%, OTIS+7%; ACI-5% (weak guide drags grocers KR-2%, GO-2% SFM-3%). Earnings expectations are high. Biden's first 100 days have seen a stronger stock market than any President in generations, including JFK. Supply constraints will hurt: such as shortages of lumber for homebuilding; and carmakers' basic chips. Infra bill optimistic note, lifts NKLA+7%, NIO+3% CHPT+8%; CCIV+16% Lucid Motors bounce, on new emission standards; LAZR+16% Luminar bounce, on Airbus new vehicles partnership AMZN+2% on hopes of share split on Thurs earnings. SPOT+6% on price raise. CyberSec: PFPT+31% Proofpoint gets $12B bid from Thoma Bravo, a PE firm. Pandemic-driven record RV sales lifted CWH+4% WGO+7% THO+3% SKLZ+16% on ARK talking up their esports games. OPEN+11% on hiring to improve digital home viewing. World Stocks' Quarterly EARNINGS: Apr26Mon: $2,500B Market Cap (value): TSLA'!! VALE' NXPI. PHG. CDNS' IBN) AMPEREX) MOUTAI) Amp' Cni' Lu' Sabic. Ssnc ' Sbac' Knin. Otis, Ckpt Pfpt, Mgddy. Caj) Pkx) Plzl. ultraC) techM) lii, bro' pkg' mksi' masi' aci, agnc' uhs' axta' omf' medp' amkr' ssd' tnet' jbt' pch galp. kspi. abg. beij. ssab. ndeky) lensT) hdfcLf) mangoM) dnfgy) hmtly) jscpy) tecmo) irao. adib. wri cbu dorm jjsf ain sanm rrc ilpt wire hmst tbi hsii lxfr dgica dhil cvlg flxs -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM Monday turnover leaders: $250B~ value TSLA AMZN AAPL MVIS/// MSFT AMD FB NIO' GOOGL OCGN// COIN' NVDA PFPT// BA GOOG MRNA SNAP INTC SQ' NFLX BABA PYPL SHOP' VIAC JPM QCOM GME/ ROKU T PLUG BAC MU CCIV/ BIDU V PG GE WFC AMAT GRA' DIS SKLZ AVGO JD NKE WMT TSM FCX AAL' GSX/ C JNJ BRK.B RTX LRCX HD XOM AMC/ CMCSA TXN ETSY, MA VZ PTON RIOT' PLTR FUTU' SWKS BKNG PEP CRM BMY PFE ZM HON RVPH/// PINS TWTR UAL GS TMO KSU AXP' COST UPS ADBE ORCL MARA' MS CSCO IBM SPOT MELI CRWD GM SBUX NVAX' NXPI AMGN LOW MRVL KO UNH ISRG ATVI UNP REGN TWLO MRK FISV NEE PDD BNTX CVX MCD MDLZ LMT CCL ABT TDOC' ASML KMB CLF' CVNA ABBV DOCU ALXN ADI DAL DHR MMM CHTR X' STX' F CMG MCHP LAZR/ AKAM UBER SNOW DE DKNG RH VALE OTIS' SPLK FDX LLY TGT BNGO// NCLH NET CDNS ABNB SCHW CAT CVS BSX ENPH WDC ACN BILI XPEV DISCA SPG GILD NUAN NOW DHI BP SLB NUE' MDT TMUS MO SPGI ILMN AZN AMT KLAC FIS CHKP OPEN/ FCEL' EXPE DG ZLAB COP QS' TTD SHW KR CP HUBS BDX KHC ALGN USB PNC ANTM IBN' W' RBLX' -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, ============= April 23 Friday: Market Summary: SPY+1.1% ATH buy-any-(tiny)-dip bounce: on New Home Sales surging 20% in March, despite Lumber+4% still soaring on shortages, to deep new all time highs, 5x 2020 lows. Reflation evident in booming base metals and softs. FCX+5% after yesterday's earnings, and Copper+1.2% still climbing. Rally was led by value / cyclicals: financials (+1.9%, notably regionals: SIVB+8% beat earnings & raised guidance), materials (+1.7%). Earnings movers: HON-2% (weak aerospace), AXP-2%, SNAP+8% on user growth. INTC-5% on last nights miss: $20B CapEx will take years to bear fruits. Chipmaker SWKS+4% will acquire SLAB+10% for $3B. SKLZ+10%: ARK buys. Better than expected EU flash PMIs helped EUR bounce 0.9%. USTs flat. Peak earnings flood next week: All 5 biggest tech stocks will report (FAANG). Fed decision next Weds likely delays any QE taper: like ECB yesterday. World Stocks' Quarterly EARNINGS: $3,600B Market Cap (value): HON, AXP, DMLRY. PTR) IDCBY) Bachy) Acgby) Amperex) Mediatek) SLB, BEN, Rcl, Kmb, HclT) wYibin) haitianF) Pstvy) Cicof) Ciify) WillS) Schn. telia. hrshf) htsc) zijmy) mthry) luzhou) shiPud) ztcoy) ccohf) cmaky) bcmxy) znh) rf, alv, gntx, sev. sterv. yar. rco. lifco. 9gf) maxis) vingroup) tom. 0ec) emtk) sid, aak. icad. upl) sxt, saab. dom. entra. sow. ctb, gva, fd, azz, rasp. grvy, npk, cir, opy, peo, bwen, -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM Friday turnover leaders: $250B~ value Friday $250B~ turnover: TSLA AAPL AMZN MSFT SNAP FB INTC OCGN AMD NFLX GOOG NVDA GOOGL COIN NIO BA MVIS JPM SQ PYPL BABA VIAC BAC MU MRNA AVGO ADBE C SHOP T CRM BRK.B QCOM WFC BIDU V AMAT SKLZ HON VZ DIS KMB HD LRCX WMT PTON PG PINS NKE AAL RIOT FUTU BMY MS PFE CSCO ZM DHR AXP UNH JNJ TSM MA ORCL ASML TXN KSU XOM ISRG PLUG FCX TWTR CAT LOW PEP CMCSA MRK UAL PLTR AMGN JD GS BILI MARA NXPI PDD ROKU COST BKNG CVX UNP ABT TMO IBM SBUX DKNG SPOT F ADI SIVB GM LULU GE GME SKX MCD MELI NET SYPR CRWD BNTX ABNB RTX DE MRVL ACN RH CMG CPCCL ABBV MXIM TWLO SWKS FDS TGT MDT VIPS TFC UBER INTU NEE HUBS SPGI KO NUAN LMT SCHW CHTR TMUS DISCA KLAC X REGN HBAN NCLH MDLZ GILD NVAX BDX AMT NOW MO LLY UPS FISV ATVI MCHP USB DAL MSTR RNG NOC QDEL STX ILMN DHI EA BCE CSX ENPH MMM LIN DOCU TJX COF ANTM INO ADSK BSX CLX CLF PNC CDNS SLB DOW EFX SAM IQV TTD MTCH OKTA FDX NKLA RUN AZN WDAY TDOC FIS ALXN PPD ===== April 22 Thursday: Market Summary: Dow -1%, Nasdaq QQQ -1.2% : Biden announces higher tax on rich (plan to boost the capital gains rate to 39.6% from 20% for high earners $1m+, to fund his American Family Plan). Semi's SMH -2.3%, ahead of INTC earnings; MU -5%. Volatility (VIX) rose, touching 20. Senate GOP countered Biden's $800B+ infra plan, with only $568B. Lots of negotiations ahead. Earnings: weakness in DOW Chemical -6%, LRCX (chips) -4%, LVS (casinos) -4%; strength in EFX Equifax credit scoring +15%, AT&T T +4%: yield leader (as dividend income will be more attractive, as capital gains tax rises) ARKK funds switching out of TSLA -3.3%: on car crash analysis: hints at QQQ pullback. RIOT -11%, MARA -11%, MSTR -8% melting on Bitcoin weakness: $52k from 65k highs: JPM / institutional bulls' very bearish calls; also selling the fact after last Wed's $100B COINbase listing (now $55B), and Gensler in as SEC head. Cryptos are a useful ultra-tech-risk tell. Bitcoin is now under 1/2 of all crypto value (MktCap). Suggests QQQ weakness too. Ford F +2% on DB Catalyst call, Wolfe upgrade, despite chip shortage shutdowns. AAL American Air -4%, despite expected return of 737 Max, with customers unfazed. ECB left rates unchanged in April monetary policy meeting, QE taper fears eased, softening EUR; after BoC taper plans boosted CAD yesterday. Key EU Flash PMIs are due Fri. AUD was also soft with Copper; GBP weak, on the EU's AZN lawsuit. ECB & weak stocks helped UST Bonds bounce. Also strong $18B 5Yr TIP auction, after y'day soft 20Yr $20B auction. Oil was choppy / soft, after Iran, Libya supply worries. Highest ever global virus cases: Mainly from India, which broke the world's highest single-day record of COVID-19 cases: 300k+: double mutation (and others eg Brazil, Tanzania) poses global delayed reopen risk. Vax hesitancy may grow in Emerging Maeketss, as all 10 vaccines globally, have risks. China risks: Tech crackdown: BABA, TCEHY; Huarong bad debts; slow/ weak vax; US/EU/JP/AU get tough: JP worried about huge CN hack; AU cancelled Victorian BRI deal: trade war with CN Japan bounce from larger downturn on virus flareup: Tokyo state of emergency World Earth Day + Biden's Climate Summit today: boom in green commods (SoyOil, Corn, Sugar); weakness in Live Cattle, on meat substitution. German Green chancellor candidate Baerbock looks to be the most popular. World Stocks' Quarterly EARNINGS: $3,500B Market Cap (value): INTC' NSRGY. T, DHR, SAP, SNAP' BX, FCX, RMS. Unp, Hca, DHI, LUV, NUE, CS. Vlo, Tal, Iqv, Dow, Mktx, Biib, Odfl, Sivb Vrsn' Tsco, Stx' Aal, Ce' Gpc, Sna Volv. Angpy. Dg. Ri. Viv. eqt. relx. nlmk. Njdcy) lgChem) chugai) cnTou) caovy) saudTe. Kb) Shg) HindZn) sna, dgx, aep, fe' sam' pool, alle, hban, gbooy' Ifjpy. sgro. monc. kinv. bol. skf. eden. bvi. rto. rno. barn. gjf. gfc. pblof) disco) dpW. Tw. pnr wso rs csl clf alk mat skx son vicr wns gtls wwe Spxcy) kpcpy) save safe ori ewbc pbct faf ffin gbci ozk bku abcb asb bkt. tel2. sk. get. husq. ipn. tph trn hth sitc hri kn stc bjri oflx wrt1v. rxl. valmt. sxs. asr rws. thule. nent. axfo. itp. vitr. ajb. te. bfit. carm. dom. ips. wpk aub cade indb ari sasr sbcf eig bhe boom hzo arch iin clw usx ibst. camp clfd pds lyts tzoo -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM -RANK: by MktCap x%EarningsVolatility x%ForwardPE x%Turnover x%M&AGeoPolRisk~ Use Twitter.com/CFAMBAiBk to click on any symbol>name, other news. Thursday turnover leaders: $250B~ value TSLA, AAPL AMZN MSFT FB NFLX NIO NVDA, T BA SQ AMD MU, BABA MRNA GOOGL VIAC GOOG INTC JPM OCGN// SKLZ BAC V PYPL HD AMAT LRCX, PTON AAL, SNAP MA DIS TDC PFE PLUG ORCL AVGO VZ XOM SHOP, JNJ PLTR BIDU CRM CRWD FUTU C QCOM ZM UNH ROKU TWTR, ADBE WFC UAL UNP DHR IBM RIOT,, ISRG MRK PG CVX CMG BRK.B NKLA/ UBER WMT GM MOF AMGN BMY PDD TSM PINS FCX NKE CMCSA CSCO BNTX' ASML CCL COST DAL ABT MS LOW DKNG DOW, LULU JD NCLH TXN GS EFX GE OKTA LVS, DISCA PEP DE BKNG MARA,, SBUX ABNB KO GME, NEE LMT FSR,, BIIB, ENPH' LUV VALE HON TME NUAN LLY ABBV SCHW CAT CHTR UPS NVAX KSU MELI ATVI HCA TMO BILI DHI TGT BSX MDLZ DQ/ TWLO MVIS' AZN AMC ADSK HBAN, CSX NOW RH RTX MRVL, FCEL TTD AXP SNOW CP TSCO' CB MDT HPE NVRO DOCU QS NXPI HIG BNGO FISV KMI CVS GSX,, XM/ MCD U FIS ANTM WDAY MSTR,, TAL EBAY WHR CLF SPGI FUBO X GILD FDX OXY SPOT RUN XPEV VRTX SEDG DISH PANW ALXN BP FSLR TKAT POOL ZS CCIV MGM COUP TRU' -Key: ^4%' ^9%/ ^20%// ^50%/// ^150%//// v3%, v8%,, v18%,,, v35%,,,, === April 21 Wed: $3,000B total Market Cap (value): ASML.! LRCX' BHP) NEE, VZ, RHHBY. Eric. Lvs' Cmg' Ndaq, Nvr, Antm, Cci Longi) Heia. Cp' Dboey. Sdmhf. Sartf. Anto. Akza. Wln. Tel, Kmi' Hal, Bkr, Lad, Efx' Whr' Seic' Rhi. Slm' Luxshare) Pkx) Shb. Rand. Ca. Ac. knx, rci, xm' ggg' gl' sbny, mru, chdn' bnzl. poly. magn. elisa. lstr caci rli rexr vmi ufpi awcmy) bokf fr nep slg umpq neu stl soi. cast. wdp. vpk. unicom) huadong) dbiBk. cns snbr plxs nwe qlt. rushb hcsg ntgr mtl arb. clb lob tbk tcbi bxs fcfs banr egbn bpfh veil. bedu csv -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM April 20 Tue: $3,300B total Market Cap (value): NFLX'! JNJ, PG, ABT, LMT, ISRG, PM, RIO) IBKR' CSX' Ker. Ew' Pgr Trv, Edu Asm. Inve. Bn. Ntrs, Dov, Omc, Key, Fitb, Wrb' An, Man, Si, Abf. Sika. Sand. Temn. PingAnB) hengrui)\ zhifei) polyDv) emEtisalat. irdm, cma, snv, thc' wbs, xrx, nod. cov. geti. avst. aza. so. pom. rose. arcad. ihp. flow. jup. enav. mony. ald) cgf) lrn for alfff pacw hwc sfnc ucbi fult fmbi pfc. ttsh -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM April 19 Mon: $700B total Market Cap (value): IBM' KO, PLD, UAL' HikVision) AlRajhi. Hog, Cck' Stld' mtb, zion, cnUtdNw) pnfp' eo. acc' hxl' jaSolar) tinci) icPru) jiangsuKi) gotion) perfectW) otgly. etEtisalat. els' fnb' wtfc' sfbs' onb, gtt. fangdaS) enog. mery. dsv acu apm -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM Apr16Fri $800B value: MS, RIGD) BK, STT, Pnc, WillSe) ksu, cfg, ally, svst. tryg. alrs. five. eh, goertek) scb) hanaF) asymchem) carcy) caihong) tongkun) eddie) chihong) shoo prk blx adx fbms -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM Apr15Thu $2,500B value: TSM)! BAC,! C, BLK, SCHW, DAL, Unh, Ppg' Pep, Lrlcy. Usb, Tfc, Cvac. Wit, Jbht' Pub. chr. aa' largan) ronsheng) erdos) ganLee) tpk. gvc. roo. vacn. fdj. wal' cbsh has. rad, qiAn) shennan) mindtree) tbea) homb, boq) banf' wabc' dsky. afmd pavm oxb. lake kuke vnce krkr kspn cntg uk -TIMING KEY: )Asia .Eu ,UsAM ‘UsPM Apr14Wed $1,000B value: JPM,! GS, WFC, INFY) Tsco. Bbby, frc, shhiLinHh) riyadBk. sjr' aci' ezj. magn. hle. rykky) amkyf) mpi. ghg' love, hof,t agx bcml dtea klxe tom2. pfc. rwa. -TIMING KEY: )Asia .EuAM ,UsAM ‘UsPM Apr13Tue $700B value: LVMH Fast, Givn. Tkwy. Jd. QtNBk. boeT) hengliP) tongwei) cpi. plus. shandongLT) baosight) cnGrWaSec) dmp. huaxiSec) ogi, ccf pcyo krus -TIMING KEY: )Asia .EuAM ,UsAM ‘UsPM Apr12Mon $250B value: TCS) apha, can, nlmk. galp. slp' ormp seac -TIMING KEY: )Asia .EuAM ,UsAM ‘UsPM -RANK: by MktCap x%EarningsVolatility x%ForwardPE x%Turnover x%M&AGeoPolRisk~ -Use www.Twitter.com/CFAMBAiBk to click on symbol: see co name, main news ===

Monday, 5 July 2021- Pent-up demand and 'benign' financing environment driving M&A activity, expert says. John West, managing editor at Mergermarket, discusses mergers and acquisitions activity through the first half of the year.

Tuesday, 6 July 2021- Key Takeaways In plans set to be published next week, the Prime Minister is expected to lift all Covid-19 rules amid a backlash from government scientific advisors. The past week has seen the PM herald a return to normalcy, bringing an end to rules on social distancing, mask-wearing, and mass gatherings by 19 July. Prof Chis Whitty (England’s chief medical advisor) and Sir Patrick Vallance (chief scientific advisor) to join Boris Johnson at the Downing Street lobby Monday evening where the PM will table the plans to lift the remaining restrictions on 19 July. Meanwhile, Sajid Javid (the health secretary) will unveil the plans later in the House of Commons. On the back of a surge in the Covid-19 cases, PM Boris Johnson is expected to press ahead with the lifting of the remaining restrictions on 19 July, even as scientific advisors warn that doing so would be reminiscent to creating “variant factories.” In a Number 10 press briefing earlier today, the PM’s spokesperson was asked about the Dominic Cummings claim that government scientists had warned Downing Street not to go ahead with the final stage of unlocking in England. And according to the Prime Minister’s spokesperson, here is the latest from Number 10: Boris Johnson has said the government has the responsibility to decide whether or not it is safe to reopen. PM says the UK's proportion of the vaccinated population is only second to Malta in entire Europe. Number 10 has warned that if the UK doesn’t open up now, then it might get worse doing so closer to autumn. The PM to take the final decision on 12 July, when a roadmap to stage 4 unlocking will be out. Consultations are due to take place with the government's medical advisor, Prof Chris Whitty, and the chief scientific advisor, Sir Patrick Vallance. What to Be Announced in Stage 4 Unlocking Roadmap Despite the rising cases – which are highest since January 2021 – the prime minister is expected to announce the final stage of unlocking. He says that the risk level is fairly low, given that 86% of adults in the UK have had at least a jab. Hence, the government will move to shift from using legal curbs to allowing individuals to make their own decisions. Among the Changes to Be Announced Include: Fully vaccinated adults to be allowed to travel to green-listed countries without having to self-isolate upon return to the UK. Mask-wearing and social distancing to be made voluntary, except in healthcare settings. Fully vaccinated people wouldn't be mandated to self-isolate in case of contact with infected persons. An end to the “school bubble system” that has had positive cases quarantining at home. Customers at pubs and restaurants would no longer be mandated to scan a National Health Service (NHS) QR Code. Night clubs to be reopened in two weeks. The Roadmap to Be Tabled in The House of Commons The latest guidelines have been supported by the health secretary, Sajid Javid, who is expected to unveil the plans to the Commons later this week. Citing a compelling case for the reopening, Javid says it would be impossible to eradicate the virus, and the country has to work around it in order to cope with the disease. Whereas he appeared to throw his weight behind the reopening plans, he conceded that the risk of new variants emerging was still high. Meanwhile, reports last week suggested that ministers were proposing plans to remove mandatory social distancing and mask-wearing, with an exception of high-risk places such as public transport. And as Britons await the 19 July reopening plans, the UK recorded 27,334 new Covid-19 cases Monday, although death rates remain relatively low. (Written and edited by: The Decision Maker Team)

Tuesday, 6 July 2021 - Ever Given – a 20,000 TEU containership that stuck in the Suez Canal three months ago – is finally set to depart the waterway on Wednesday. The announcement comes after the vessel’s owners (Japanese company Shoei Kisen Kaisha) reached a deal over compensation with the canal’s authorities in Ismailia, Egypt. The containership was arrested on 13th April after the Suez Canal Authority (SCA) and the shipowners failed to agree on a compensation deal. The ship owners (Shoei Kisen Kaisha) felt at the time that the amount (in the region of $900 million) was too high and unsupported. The SCA said the money was intended to cover the costs incurred in the ship’s salvage operations, as well as to balance the books for the losses that resulted from the waterway’s six-day blockage of commercial traffic. Compensation Agreement While the final details regarding the exact settlement amount have not been disclosed yet, here is what we know. The UK Club (who have been actively involved in the negotiations) announced that the two parties had reached an agreement in principle. In an update, the UK Club said a formal solution had been agreed upon after a series of meetings with the SCA’s negotiating committee, as well as court hearings The SCA acknowledged the agreement and said the signing ceremony has been planned in the city of Ismailia ahead of the ship’s departure on Wednesday. The ship would be allowed to leave the Great Bitter Lakes region on Wednesday 7th, 2021, and preparations to mark its departure are already underway at the SCA headquarters in Ismailia. According to the Associated Press, the two parties came to terms over compensation at the end of June over the ship’s grounding. The agreement comes on the back of months-long blame games and tug of war between the two parties, and the compensation claim proved to be an obstacle because the shipowners felt it was inflated. Compensation Claim Initially, the SCA sought a $916 million compensation amount, which the shipowners swiftly turned down as too high. The SCA subsequently slashed the amount to $600 million and broke down the settlement into a $200 million advance payment, plus a $400 million letter of guarantee payment. The owners made a series of rejection appeals but an agreement in principle has been reached and Ever Given containership is poised to depart the Suez Canal on Wednesday. The Timeline On 23rd March, Ever Given containership (owned by Japanese Company Shoei Kisen Kaisha and chartered by the Taiwan-based Evergreen Maritime Corporation) stuck in the busy Suez Canal, blocking the waterway for six days until the 29th of March. After causing a six-day massive gridlock in the global trade, the containership was refloated on 29th March and towed to the Great Bitter Lakes, thereby enabling the canal’s authorities to clear the backlog and resume its commercial operations. The ship remained anchored in the Great Bitter Lakes Region since then, while authorities embarked on a legal battle over a compensation deal to cover the ship’s salvaging operations and the six-day losses that stemmed from the blockage. A few days later, compensation negotiations hit a snag, leading to the ship’s arrest on 13th April. The containership was manned by 25 sailors, who were allowed to sign off. At the time, SCA chairman Osama Rabie said the crew wouldn’t be held hostage to the situation and that the canal’s authorities were hopeful a compromise would soon be agreed upon. (Written and edited by: The Decision Maker team)

Thursday, 1 July 2021 - Apple has, on Wednesday 23 June, published a Whitepaper that essentially reiterates why the company isn’t opening its mobile App Store to alternative apps Stores any time soon. The tech giant has long argued against allowing access for sideloaded apps on the iPhone or apps from other App Stores. In the latest report titled “Building a Trusted Ecosystem for Millions of Apps,” the company seeks to convince users of the data risks associated with sideloading, and how the company can protect your data by maintaining the status quo. In their defence, Apple argues that the App Store protects user data, and lets you download apps without malware. The company further argues that App Store is equipped to detect and block all attacks, but sideloading induces a loophole in the App Store’s threat protection model; something that will give attackers ample leverage to develop more sophisticated attacks on user’s data. The Risks Associated with Sideloading The Whitepaper also explains that should the company be forced to load third-party applications on the iPhone and iPads, the app market would irrevocably be destroyed. Among others, Apple insisted that sideloading could risk the following: Loss of data privacy. Piracy or downloading of copycats via websites and other alternative App Stores. Downloading apps with spyware/malware. Installation of games that violates parental controls, thus exposing children to harm. Pointing to Google's Play Protect program that protects businesses by blocking sideloaded apps, the iPhone maker argued that App Store is designed with automated scanning processes that protect iPhones and iPads from malicious applications. And to ensure data security, Apple is profusely arguing against allowing access to its App Store from third-part App Stores. The Big Tech Powers The timing of the Whitepaper coincides with Congress's plans to debate several antitrust bills intended to curb the business monopoly power by the Big Tech companies. The bills will relate to a wide range of topics that will include the controversial acquisition of WhatsApp and Instagram by Facebook, and Apple’s closed market App Store. Apple’s Status Quo Apple argues that Android, which allows sideloading and is considered an open market, is riddled with security loopholes. Currently, the only way users can install an app on iOS is via the App Store. And according to Apple’s chief of software, Craig Federighi, the amount of malware on Macs, for instance, is huge and unacceptable. But since the market has more iPhones than Macs, Craig believes that it’s dangerous to allow third-party apps for iPhones because they are designed with children and user data protection in mind. Apple’s head of user privacy Eric Neuenschwander argued in a recent interview that it is critical to keep the App Store protected. He stated that the iPhone is a device you carry around with you, and since it identifies your location, it is easier for somebody to grasp your pattern of life and other sensitive data that could entice attackers. The Bottom Line In the 16-page whitepaper report, Apple is trying to reiterate its stance of blocking third-party App Stores and sideloaded apps from access to its App Store. And while the antitrust bills are just getting underway, it remains to be seen whether the tech giant would be forced to open its App Store. (Written and edited by: The Decision Maker Team)

Thursday, 1 July 2021 - For a long time, the space traveling stories have only been dominated by physically- abled men. We have not heard about a woman going to the space, and if there is any, then the news has not yet reached us. However, the Europe's Space Agency (ESA) is spearheading a campaign that stresses the importance of representation from all facets of society. The agency has revealed that it received applications from 25 associate member nations, with the majority coming from the UK, Germany, France, and Italy. In a first-of-its-kind effort to champion inclusivity, the European Space Agency (ESA) is seeking to include people with disabilities, and as well adopt necessary strategies that would ensure space stations accommodate everyone. And while the agency isn’t specifically looking to address ethnic diversity, the hiring campaign is seeking representation from all parts of society. Fierce Competition for Places There are four to six slots for those looking to be on the list of Europe’s next astronauts. And while there is a provisional reserve team of 20 people, the competition for places is stillfierce nonetheless. Over the next ten months, the candidates are scheduled to undergo intensive training that will see a final list come out around mid-2022. More Needed for Diversity and Representation To date, the European Space Agency has managed to send only two women (Samantha Cristoforetti and Claudie Haignere) into space. However, the ESA is looking to increase that number and as well consider representation from people living with disabilities. Speaking to the press, ESA Director Josef Aschbacher said that the agency has been encouraged by the numerous applicantswho have come forth: a positive indicator that people across Europe are growing in enthusiasm and are taking a keen interest in space. David Parker, ESA’s Director of Human and Robotic Exploration also added that while close to 5500 women applied for the forthcoming ESA space program, that number indicates huge gender disparities in the space sector, and more is needed to achieve gender balance. Additionally, the numbers don’t get any better when you look at the global representation. To date, out of the over 560 people to have explored space, only 65 are women (mostly Americans), a 12% gender representation. More in Funding from The EU Going Forward In measures that indicate solidarity, the European Union this week signed an agreement with the ESA that will see more funding and support for Europe's space agency by all EU’s 27 associate member states. Part of the deal will see the EU invest $11 billion between 2021 and 2027 that will fund digitization and environmental protection research programs. And as outlined by ESA Director, the space agency is looking to launch landmark programs in the future. Among others, ESA is planning to test the use of a quantum encryption system on its space satellites, while the other program planned for the future will see the ESA launch the space monitor for potentially hazardous debris. (Written and edited by: The Decision Maker Team)

Thursday, 1 July A U.S declassified government report on UFOs issued to Congress on Friday said its intelligence analysts lack sufficient data to accurately infer the nature of mysterious flying objects reportedly seen by American military aviators since 2004, and the department of defence does not rule out whether such objects are of atmospheric, earthly technologies, or of extraterrestrial origin. What the Report Says The declassified 9-page report – issued to the U.S Congress and also available to the public – compiles 144 observations reported by military pilots (more so by the U.S Navy) in what government officials refer to as Unidentified Arial Phenomena (UAP). The report – compiled by the National Intelligence task force in conjunction with the Navy (both constituted by the Pentagon on request by Congress last year) – was, however, labelled as a preliminary assessment. The report comes after years-long attempts by the U.S military to debunk, deflect and discredit reports made about unidentified flying objects dating back to the mid-20th century. The U.S Government Has No Explanation For UAP According to the report, the Pentagon – citing lack of sufficient data – has offered no explanation for UAP mystery spotted by military pilots. The report further highlights that of the 144 UFO sighting reports made since 2004, only one has been explained. But for the rest that remains a mystery, the pentagon hasn’t ruled out the possibility that the objects are of extraterrestrial origin. The Report Was Prompted by Congress Last year, the U.S Congress demanded an explanation as to the numerous instances of UFOs observed moving erratically in the sky, as reported by aviators. At the time, Congress was concerned the Unidentified Arial Phenomena would pose a flight safety risk and a national security threat. Congress, therefore, demanded the government establish a task force to look into it. Of the 144 cases, only one sighting has been explained. And it was determined to be a large deflating balloon. But for the other 143 sightings, the pentagon lacked clear indication that could rule out extraterrestrial involvement. Some of the UAP cases came to light when the Pentagon released naval aviation videos that showed enigmatic aircraft of the East and West coasts that exhibited manoeuvres and speed thought to be beyond the current aviation possibilities. The report also ruled out the possibility that the UFOs could have been developed by the U.S or by foreign powers like Russia or China. Flight Safety And UAP The year-long study conducted by the task force documented 11 UAP near misses by pilots, while a handful of reports involved the pilots recording radio frequencies that are often associated with extraterrestrial bodies. A large percentage of those cases, however, involved UFO sightings that interrupted U.S military training sessions and exercises. The task force studied evidence witnessed first-hand by military pilots, with the majority reported in the past two decades. And while the report is subject to further analysis, the task force didn't rule out extraterrestrial entities but suggested that the sightings could also comprise airborne clutter, U.S aviation programs, foreign technologies, natural atmospheric phenomenon, among others. (Written and edited by: The Decision Maker Team)

Thursday, 1 July 2021 - Iran’s workers in the country’s expansive Oil and Petrochemical Sectors have announced a nationwide strike, ten days since protesters first took the southern streets. The organizing council said that if their demands for a pay rise and improved working conditions in the oil and refinery facilities aren’t met, more workers are expected to join the thousands who are already on a hiatus or have left their refinery plants altogether. As reported by Iranian media this week, workers from most plants and refineries, predominantly in southern and central Iran, have joined the protests. Although most regular government employees (who are on full benefits and enjoy job security under labour laws) have largely remained on duty. Workers’ Grievances The striking employees are essential to Iran’s fuel and petrochemical sectors. As such, the widespread demonstrations simply underscore the mounting economic load on Iran. This happens as the country remains optimistic the U.S and other European powers will lift the crippling sanctions imposed on Tehran. Thousands of workers have gone on strike in the past week demanding better wages and working conditions at the oil facilities, Iranian media reported Wednesday. The organizing council has reiterated that workers should get a pay rise if they are to keep up with Iran’s skyrocketing inflation, which has peaked at records of 50%. Video footage has appeared on social media showing workers walking off duty in protest. Some honked their cars, while others cheered as they walked the southern dusty roads on their way from the refineries. Currently, workers in Iran's vast energy sector receive between $200 and $300 per month but are now demanding more than $400, alongside other benefits. The workers' strike is being championed under the hashtag "Campaign 1400," which coincides with the year 1400 in Iran's calendar. What Officials from The Islamic Republic Have Said The outgoing Iranian President Hassan Rouhani, speaking to the cabinet, vowed to resolve the grievances of all workers in the oil sector, even as experts predict a severe economic reverberation. Rouhani said the strike was mainly limited to temporary contractors and private construction workers, and the strike is unlikely to hurt Iran's oil production. He pointed to the National Iranian Oil Company, where no workers have gone on strike yet. The over 200,000 workers in the state-owned corporation are, however, on wages three times high, entitled to job security, and are protected under the country's labour law. And Rouhani insisted that Iran wouldn't have any problems in the production, transfer, or exportation of oil. The striking workers are pushing to be at par with their counterparts in the state-run oil company, and Rouhani promised Wednesday that all their grievances will be solved. Elsewhere, the Islamic Republic has asked workers to cease their strike, and promised to take a review into their demands in the coming weeks. Tehran’s Nuclear Debacle Iran runs on its oil sector as the primary lifeblood of the economy. However, the sector has been devastated by the sanctions from Washington over Tehran’s nuclear push. The sanctions were imposed on Iran by former U.S President Donald Trump, and have clobbered Iran's economy by slashing oil exports. (Written and edited by: The Decision Maker team)

Thursday, 1 July 2021 - Windows 11 has long been in the pipeline and the rumour mill has been running for the best part of the year. But the Windows 11 operating system has officially been announced by Microsoft and would be grazing machines in the upcoming summer holidays, and has people excited already. And yes, a big part of the Windows 11 ecosystem has been designed to accommodate Android apps, which will strike many users as quite an interesting feature. Speaking to a press call, Panos Panay, Microsoft’s Chief Product Officer, said that the most frequently used Android apps will be installable in the OS environment, and will be accessible via the Start Menu on the machine. A New Era for Microsoft The Windows 11 OS will be officially available for upgrades or purchase later this year, in what will mark a new era for Microsoft’s legacy. That’s because the Windows 11 environment will allow users to use real apps on the OS as opposed to relying on web versions. As such, users will have more freedom to multitask on Microsoft apps such as word, and still open apps like Instagram, Kindle, or TikTok in other windows. The integration of Android apps will also benefit developers as they wouldn’t have to necessarily develop a Windows-only version of the app to reach the marketplace. The OS will be available to new devices going forward, as well as those with compatible Windows 10 systems. Windows 11 Perks So, what does Windows 11 come with? Will it be more functional that Windows 10 and provides an effective user face? Here are what we expect from this new era for Microsoft. The Snap Features The new Windows 11 OS will come with a Snap feature that will allow users to arrange apps in a layout of their liking, including running multiple apps on the screen’s real estate. Users will organize apps to their visual preference using this feature too. Amazon Appstore integration As opposed to using Play Store to access Android apps, Microsoft’s Windows 11 ecosystem comes with the Amazon Appstore integration. And while this comes as a surprise to users, many have wondered how non-native apps will work. But Microsoft has confirmed that Android apps will work both on AMD-based systems and Intel-powered systems. And this operating ecosystem will be perfect for touch-centric workflow apps, although the company hasn’t mentioned whether or not sideloading of apps will be possible. The Bottom Line This move by Microsoft has rendered the Windows 11 OS a more inviting proposal for mobile users. That's because the Windows store landscape will flood with over 1.8 billion Android apps. The tech giant has said the early build of the Operating System will be released in the next few weeks, with its official release scheduled later this year. (Written and edited by: The Decision Maker Team)

The U.S Secretary of State Antony Blinken and Israel’s Foreign Minister Yair Lapid held talks in Rome on Sunday as both governments look to kickstart a new post-Trump-Netanyahu alliance era that aggravated partisan divisions in both countries. With Benjamin Netanyahu leading Israeli opposition and Donald Trump sidelined in Florida, U.S President Joe Biden and new Israeli Prime Minister Naftali Bennett are looking to turn a new page and cement pragmatic diplomacy as opposed to dramatic initiatives witnessed in the past four years. Speaking Sunday in Rome, Lapid acknowledged that mistakes were made during the Trump era that hurt Israel’s long-standing bipartisan relationships. And as they sat down for talks with Blinken, Lapid added that since taking office, he has already held conversations with both Republicans and Democrats, and has reminded them that Israel still shares America’s most basic values; Peace, Freedom, Democracy, and Open Societies. Blinken, on his part, noted that although the U.S and Israel’s governments are relatively new, they will work on prioritizing initiatives that cement both countries’ enduring partnership and friendship. Pointing to the recent achievement that saw a temporary cease-fire between Israeli forces and Gaza militants (Hamas), Blinken said both countries will employ such small steps to revive the dormant peace process that will restore calm between Israel and the Palestinians. The Long Approach to Quench Domestic Unrest As opposed to Trump’s dramatic press conferences, Blinken said the endless cycles of unrest in the Gaza strip would be managed under the radar, with Biden’s “quiet” democracy a way out to paper over domestic divisions. And while the Palestinians will feel aggrieved and point to the decades-long oppression by Israelis, Blinken acknowledged that managing the conflict, as opposed to solving it, may succeed in cooling the unrest. He said that both governments will seek to strengthen the fragile Israel coalition government by eliminating provocations such as those that led to the unrest in the Gaza strip. And as seen when Biden privately urged Netanyahu to wind down the 11-day Israel-Hamas war, the U.S and Israel are looking to work out their differences away from the public. Elsewhere on The Agenda While the move represents a first positive step towards building mutual trust between both countries, the top in Sunday meeting's agenda was how world powers would limit Iran's ability to develop nuclear weapons. In 2018, Trump – backed by Benjamin Netanyahu – withdrew the U.S from Iran’s 2015 accord. Biden, on the other hand, promised to restore and expand the agreement, and he is right on course. The talks are ongoing in Vienna and Israel seems more intent to stay engaged and influence the proceedings too. This is in stark contrast to Netanyahu’s government that openly opposed the deal a few years ago when the Obama administration entered negotiations. Even Naftali Bennett, who is ideologically aligned to Netanyahu, has toned down Iran’s rhetoric and promised to discuss, persuade, and share insights into the Iran nuclear accord talks to help tamp down tensions. (written and edited by: The Decision Maker team)

The U.S military launched airstrikes targeting Iran-backed militias in Syria, in what the Pentagon announced Sunday evening as a retaliatory move for drone attacks on U.S interests in Iraq. In a statement, the Pentagon said that Iran-backed militias have been launching drone attacks against U.S interests in Iraq. The statement – released by Pentagon press secretary John Kirby – added that the airstrikes targeted sites used by the militia to launch drone attacks on U.S facilities, coalition troops, and U.S personnel in Iraq. Kirby said the U.S airstrikes targeted specifically the operational and weaponry storage facilities at two separate locations: one in Syria and the other in Iraq, and both locations lie close to the border between the two countries. Pentagon said the militia have been using both facilities as bases to attack U.S interests using unmanned aerial vehicles (drones). Several Iranian-backed militias, including Kata’ib Sayyid al Shuhada and Kata’ib Hezbollah, have previously used both facilities. U.S military warplanes F-15 and F-16 targeted these facilities that the U.S defense officials say had been used primarily for drone control logistics and launching rockets. Casualties While a U.S official (not authorized to speak publicly) confirmed that all military pilots returned safely, he said it was too early to comment on whether there had been any militias dead or civilian casualties on the ground. However, the British-based Syrian Observatory for Human Rights said early Monday that at least five Iran-backed Iraqi militants were killed, and a few dozen others were seriously wounded in the attack by U.S warplanes. The war monitor, which uses Syrian-based networks of sources to gather information, added that among the targets hit were military positions. U.S Navy Commander Jessica McNulty added Sunday night that the airstrikes hit the intended locations. But SANA, a Syrian state-run news agency, said that the attack had killed one child and wounded three others. U.S officials are yet to disclose the extent of civilian casualties but said assessment is still ongoing. The U.S Moves to Deter Drone Attacks Since January 2021, there have been over 40 attacks against U.S interests in Iraq, a country that hosts over 2500 American troops as part of a U.S-NATO military coalition to fight the Islamic State (ISIS) terrorists. Of the 40 attacks, 14 involved rockets, while the vast majority have been bombing that targeted U.S convoys. In April, Iran-backed militias carried out at least five drone attacks on U.S facilities and coalition personnel. Numerous pro-Iran factions in Iraq who are unhappy about the U.S presence in the country have also claimed responsibility for some of the attacks. The latest airstrike is Biden’s second (since taking office) after he ordered a similar attack in February that was in response to a rocket attack in northern Iraq that killed a U.S contractor and wounded allied forces. The elimination of those targets will degrade the operational capacity of the militia and also deter future attacks. (Written and edited by: The Decision Maker team)