BETWEEN THE HEDGES

Monday, November 04, 2024

Bear Radar

Posted by Gary .....at 2:51 PM

Style Underperformer:

Large-Cap Value -.2%

Sector Underperformers:

1) Airlines -2.0% 2) Restaurants -1.3% 3) Utilities -1.1%

Stocks Falling on Unusual Volume:

OHI, CLW, AMSC, AB, VRRM, FLNG, LIVN, KRYS, CTRE, OMI, SNCY, CSWC, FVRR, OPCH, SIRI, MBLY, PEG, ENTG, OGN, OKLO, VKTX, TRS, NYT, ANAB, TPG, BCE, TGTX, NNE, CEG, KNF, PRLB, NSSC, DOCN, PACS and LEU

Stocks With Unusual Put Option Activity:

1) SN 2) LYV 3) GAP 4) NMRA 5) CEG

Stocks With Most Negative News Mentions:

1) PACS 2) RILY 3) OKLO 4) EVLV 5) IREN

Sector ETFs With Most Negative Money Flow:

1) XLI 2) XLV 3) KRE 4) XLY 5) XAR

Charts:

Bull Radar

Posted by Gary .....at 2:29 PM

Style Outperformer:

Small-Cap Growth +.7%

Sector Outperformers:

1) Electric Vehicles +2.6% 2) Oil Service +2.0% 3) Homebuilding +1.9%

Stocks Rising on Unusual Volume:

ATSG, IRON, IART, DJT, CC, FRPT, CVRX, COCO, GPRE, VRNA, KALV, NN, RUN, YUMC, CHWY, BBWI, LNTH, AZTA, BEAM, GTLS, CORT, LB, BE, NXT, FTDR, MOS, BAM, OSCR, FND, FSLR, W, SDA, AMRC, YPF, CSIQ, OSPN, VSCO, JANX, NTR, YETI, GDYN, NEP, PENG, TWLO, THC and BLBD

Stocks With Unusual Call Option Activity:

1) GSAT 2) SO 3) PTEN 4) FIVE 5) FCEL

Stocks With Most Positive News Mentions:

1) GSAT 2) FRPT 3) CC 4) MOS 5) ANF

Sector ETFs With Most Positive Money Flow:

1) VGT 2) SMH 3) XLU 4) XLF 5) XRT

Charts:

Tomorrow's Earnings/Economic Releases of Note; Market Movers

Posted by Gary .....at 1:50 PM

Earnings of Note
Company/Estimate

Before the Open:

(ADM)/1.24
(CMI)/4.82
(DD)/1.03
(EMR)/1.47
(IT)/2.37
(YUM)/1.41

After the Close:

(CPNG)/.01
(DVN)/1.09
(IRBT)/-.06
(MCHP)/.43
(PAAS)/.20
(SMCI)/.73
(AGCO)/1.08

Economic Releases

8:30 am EST

The Trade Deficit for Sept. is estimated to widen to -84.0B versus -$70.34B in Aug.

10:00 am EST

The ISM Services Index for Oct. is estimated to fall to 53.8 versus 54.9 in Sept.
The ISM Prices Paid Index for Oct. is estimated to fall to 58.2 versus 59.4 in Sept.

Upcoming Splits

None of note

Other Potential Market Movers

The US Presidential Election, Atlanta Fed GDPNow Q4 update, 10Y T-Note auction, weekly US retail sales reports, API weekly crude oil stock report and the (LRCX) annual meeting could also impact global trading tomorrow.

US Equity Market Hours

9:30 am - 4:00 pm EST

Mid-Day Market Internals

Posted by Gary .....at 12:51 PM

NYSE Composite Index:

Volume Running +.5% Above 100-Day Average
Nasdaq/NYSE Volume Ratio 12.4 -.6
6 Sectors Declining, 5 Sectors Rising
65.7% of Issues Advancing, 32.6% Declining
TRIN/Arms 1.27 +8.6%
Non-Block Money Flow -$177.2M
61 New 52-Week Highs, 34 New Lows
56.3% (+.6%) of Issues Above 200-day Moving Average
Average 14-Day RSI 58.0 -2.0

Other:

Bloomberg Global Risk-On/Risk-Off Index 61.3 -.03%
Bloomberg Cyclicals/Defensives Index 235.8 -.08%
Russell 1000: Growth/Value 20,040.7 -.12%
CNN Fear & Greed Index 43.0 (FEAR) -9.0
1-Day Vix 12.6 -16.4%
Vix 22.3 +1.8%
Total Put/Call 1.30 +13.0%

Sunday, November 03, 2024

Monday Watch

Posted by Gary .....at 9:24 PM

Around X:

@RealDonaldTrump

Harris vs Trump in Swing States from AtlasIntel(most accurate pollster from 2020). (graph)
If Kamala wins, you are 3 days away from the start of a 1929-style economic depression. If I win, you are 3 days away from the best jobs, the biggest paychecks, and the brightest economic future the world has ever seen. Kamala’s inflation nightmare has cost the typical American family $30,000 dollars in higher prices—and now, she wants to impose the largest tax hike in American history, and raise your taxes by $3,000 dollars a year. I will massively cut taxes for workers and small businesses—and we will have NO TAX ON TIPS, NO TAX ON OVERTIME, and NO TAX ON SOCIAL SECURITY benefits!

@elonmusk

Pennsylvania is on track for a major Republican victory. The gap between 2024 and 2020 is now over 600k, which almost 10% of the entire electorate! (graph)
No amount of Diddy party “celebrity” endorsements can save Kamala. (pic)
The government should not be allowed to barge into your house and kill your pet! That’s messed up. Even if it is illegal to have a pet squirrel (which it shouldn’t be), why kill PNut instead of simply releasing him into the forest!?
Exactly. The reason that the public no longer trusts the legacy media is that the media has been exposed as lying too many times to count. Legacy media absolutely deserves the lack of respect and ridicule it gets.
ATTENTION!!! In Arizona, some voters are showing up to the polls and are being told they can't vote because their registration has been suspended. This is most likely caused by the glitch that allowed 218,000 individuals to be on the voter rolls without proving citizenship. Wow, this is crazy!

@CollinRugg

JUST IN: AtlasIntel CEO says if white males turn out for Trump on election day, he will win Pennsylvania and potentially the rest of the Rust Belt states. AtlasIntel was the most accurate pollster of 2020. "What will really make a difference on Tuesday in a place like Pennsylvania... it will be the white turnout mobilization," Andrei Roman said. "If white males really turn out for Trump on Tuesday, he can carry out Pennsylvania." (video)
JUST IN: AtlasIntel, the most accurate pollster of 2020, releases their official swing state poll showing Donald Trump leading in every swing state. The poll shows Trump leading in Arizona and Nevada by a very comfortable margin. North Carolina: Trump +3.4 Georgia: Trump +2.5 Arizona: Trump +6.5 Nevada: Trump +5.5 Wisconsin: Trump +1.0 Michigan: Trump +1.5 Pennsylvania: Trump +1.8
@atlas_intel also has Trump leading nationally by ~2 points. (map)
NEW: John Fetterman appears to admit that Biden and Kamala's refusal to close the border is meant to rig future elections after getting completely grilled by Joe Rogan. This is exactly why Harris won't go on Rogan's show. (video)

@BGatesIsaPsycho

“Why would Homeland Security be conducting a Large Scale Cyber Simulation attack on election day?” (video)
Meanwhile in Saudi Arabia. More Giant oversize hail turning into Ice Rivers streaming through the Desert. Once again - this isn’t normal people - you know why now…… (video)

@ChucckCallesto

SHOCK REPORT: With more than half of North Carolina's voters already casting their ballots, REPUBLICAN TURNOUT is overwhelming Dem and independent votes.. Too BIG to RIG and he takes this, DO NOT stay home… (video)
JUST IN: Nicole Shanahan drops INSANE TRUMP UNITY video, 2 day out of the 2024 election.. SHARE THIS WITH ANYONE ON THE FENCE.. (video)

@ImMeme0

NEW: The devastated owner of Peanut and Fred, animals who were taken from their home and euthanized by the government, went live and announced that they have retained legal counsel to pursue civil litigation against New York State. They emphasized their non-affiliation with any political party, stating firmly that they stand solely in defense of the animals. “This is about animals and the unkind demise of two animals that did nothing but bring joy to this world, and we took their lives—for what? (video)

@GuntherEagleman

BREAKING: Fetterman just admitted live on CNN that Trump has connected better with voters in PA! They aren’t able to hide the truth anymore! (video)

@JoeDanMedia

START REVOKING LICENSES! SNL refused to allow Trump to host, citing the Communications Act’s equal access rule. But in last-minute, stunning reversal, NBC allowed Kamala to host tonight, Nov 2, to prevent Trump from demanding equal time. The FCC must revoke NBC’s license. (pic)

@Bannons_WarRoom

STEVE BANNON: The Facts Are On Our Side, Joe Biden Never Got 15 Million More Votes Than Barack Obama, IMPOSSIBLE. We Didn't Pick Up Net 12 House Seats When We Lost the Presidential, IMPOSSIBLE. We Didn't Win 19/20 Bellwethers And Lose The Presidency, IMPOSSIBLE. You Generated Phony Ballots Of Folks That Don't Exist. (video)

@JackPosobiec

*** VOTING GUIDE FOR WHEN YOU GO TO VOTE TUESDAY *** Share this everywhere for widest distribution From an anon who is working as a poll worker in a swing state: (list)
BREAKING: ASKING PENN STATE STUDENTS IF I SHOULD VOTE FOR KAMALA HARRIS WATCH THEIR REACTION. (video)
And there it is: Just one week ago Trump went out on Rogan and predicted polls would come out just before the election designed to suppress MAGA voters. Trump was right again. (video)

@Greg_Price11

Kamala was just asked how she voted on California's Proposition 36, which would increase criminal penalties for shoplifters and drug traffickers: "I am not gonna talk about the vote on that because, honestly, it's the Sunday before the election." (video)

@w_terrence

GIRL STOP! Jennifer Lopez was was full of crocodile tears at a Kamala Rally. LET ME TAG HER @JLo. Get this to JLO. I have questions. She warned us about Trump but not Diddy. She is concerned about the safety of little girls and women when it comes to Trump but not Diddy. She was dating Diddy and partied with him but she has nothing to say unless it’s about Trump. Don’t you find this kind of Odd?? (video)

@charliekirk11

Ignore the polls. Ignore the pundits. Ignore the betting markets. Ignore early voting numbers. Ignore those saying Kamala has seized momentum. Ignore those saying Trump has got this in the bag. Just vote. If you already voted, go find three people who haven't. If we show up, we win. It’s that simple.
New Trump ad playing in the swing states this weekend. (video)

@realLizUSA

President Trump has had 100,000+ people turn out for rallies in California, Pennsylvania, and New Jersey. He’s sold out Madison Square Garden, and arenas in Atlanta, Milwaukee, and Phoenix. The polls are BOGUS. It’s a landslide. (video)

@BoLoudon

A PENNSYLVANIA VOTER JUST TOLD CNN THERE'S A "VERY QUIET TRUMP VOTE" BECAUSE HE'S "PATRIOTIC!" "I feel [Trump's] patriotic and he loves my version of this country more dearly than Kamala does." Kamala DEFINITELY wouldn't want this to go viral!

@TimRunsHisMouth

Lily Tang Williams wrecked her opponent tonight! I'm very good at math... maybe that's an Asian stereotype... But how are we going to pay for all the stuff you want? Do the math! Borrow more money from China? Print money? (video)

@MJTruthUltra

Trump is Pissed… He highlights the election interference happening now in Pennsylvania, and now several counties/states are saying they’ll take Days/WEEKS to count. Trump calls for elections to be called by 9-10pm on election Night. These people are crooked as hell! (video)
They found 2,600 FAKE BALLOTS in PA, all written by the same person. And they say Oh, I’m a “conspiracy theorist..” this is a terrible things that’s happening to our country. (video)
Trump mentions he has no bulletproof glass protection to his left… And points to a farmhouse in the distance and says, “see the guy up in the window there? Has anyone inspected that?” Lord, please protect this man.. (video)
UPDATE: 2024 Election. What is Going in Fulton County, GA? After announcing Fulton County will NOT allow anyone to Watch Ballot Drop Boxes, citizens stepped and Woman has Filmed Several Trucks rolling into these locations. 5600 campbelton 5600 stonewall tell rd “I watched over 6 trucks enter into parking lot at campbelton rd.. there is a note outside stonewall tell rd”. (video)
The Diddy Saga is about to EXPLODE!! Diddy Witness says he saw 8 Celebrity Sex Tapes, 2-3 of Which Involved Celebrity Minors. (video)

@RealMacReport

Breaking: More than 200 retired officials from the Department of Homeland Security (DHS) have endorsed Republican presidential nominee Donald Trump for president in an open letter that urges all Americans to support him. They argued that Trump believes in “ensuring the safety and security of the United States" and that the Biden-Harris administration has increased mass illegal immigration.

@RealJamesWoods

We are already seeing machines breaking down, armed people closing polls early, lines five hours long. All in Republican enclaves, of course. The Democrats have no shame. They will cheat, and cheat gleefully. After all, they’ve been told they’re saving the world from Hitler.

@ShadowofEzra

We are now seeing a repeat of 2020, remember it was Fox News that called Arizona for Biden. Don’t be surprised if Fox News already has a plan in place regarding the election results. Fox News is the enemy within.

@DC_Draino

It’s now been FIVE days since we learned CO SoS Jena Griswold “leaked” passwords to voting machines & she hasn’t posted once about it. Not even an update about fixing it before an election. Why? B/c it’s a Class 5 Felony and she got caught.
Remember when 49ers superstar Nick Bosa wore a MAGA hat last week? Well now the NFL is planning to fine him for the “crime” of wanting to make America great again. BS. They wouldn’t punish BLM supporters for kneeling during our anthem & spitting on the sacrifices of our troops!

@BehizyTweets

BREAKING: Former Brazil President Jair Bolsonaro just released a video endorsing Trump for President, saying the United States projected power when Trump was President. "The return of Trump is the certainty for a better world. No wars, no terrorism, and a return to liberty in its purest form." (video)
Kari Lake worked in the media for three decades, and she just announced that one of her tasks as a Senator will be to dismantle the fake news. "We're going to take a long, hard look at the FCC licenses that these people have." (video)
A few days ago, an illegal alien from Mexico kidnapped and murdered a young Puerto Rican mom in Georgia. No celebrities who condemned Tony Hinchcliffe's joke have spoken about it. The media is SILENT. It's damning news for Kamala and they know it. (video)

@amuse

ELECTION INTEGRITY: Arizona printing company that works for the Harris campaign and unions caught red handed faking thousands of registrations and ballots in PA. Investigation won’t concluded until after the vote. (video)
ELECTION INTEGRITY: Why did the Biden-Harris regime decide to send federal agents to polling places in 86 jurisdictions without talking to any govs or soss? They must have known their presence was illegal in most states like Texas and Florida. What is going on?

@irrationalhenry

California is the most corrupt voting system in the US. When I voted in Glendale CA today, I refused to confirm my information was accurate, but the polling officials still had to trust me and issue a ballot. I asked the polling official to check my ID, and she simply said, “I take your word for it — it’s California.” This state is an absolute joke!! Voter ID is obviously necessary to ensure safe, secure, and verifiable elections. Never vote Dem again — MAGA! (video)

@JackStr42679640

#BREAKING: President Putin says he takes Donald Trump's plan to end the war with Ukraine very seriously and Russia supports it. (video)

@WallStreetSilv

The national debt has risen by $487 billion during the month of October. We are about to cross $36 trillion. Our spending is out of control and with higher interest rates now, interest on the national debt is growing out of control. Approximately 25% of all govt revenue is now going to pay interest on the national debt, over $1.2 trillion per year. (graph)
This push by the news media to get people to stop having children is wild. What is behind it? (pic)
People of Nevada!! PAY ATTENTION!!! Y'all need to get out and vote for Sam Brown to make sure that Jacky Rosen cannot cause any more damage in the Senate. Sam is a COMBAT VETERAN that served in Afghanistan and he is endorsed by Donald Trump!! Just like we want all want to start putting America First again, I'm sure you all also want Nevada First!! (video)

@MarioNawful

This was Fred… Peanut the squirrel’s adopted brother… Before they were both killed by federal agents in NY. (video)
BREAKING: Rasmussen Poll Forecasts Landslide Trump Victory. A breakdown of the forecast: - Trump 297 electoral votes. - Harris 241 electoral votes. Georgia - Trump 51-46%. North Carolina - Trump 50-47%. Wisconsin - Trump 50-47%. Nevada - Trump 49-47%. Pennsylvania - Trump 49-47%. Arizona - Trump 48-46%. Michigan - Harris 49-48%. Source: Rasmussen Poll. (map)

@WallStreetApes

This woman’s 9 year old son dressed as Donald Trump for Halloween. They went to roughly 200 houses in a diverse neighborhood, EVERY SINGLE HOUSE was supportive of Donald Trump and said things like “I hope you win Tuesday”. “A very diverse neighborhood. We hit houses that were white. We hit houses that were black. We hit homosexual houses. Every Hispanic couple that we saw, every Chinese couple that we saw, every single house that we hit in that neighborhood — They all gave him high fives. They all gave him fist bumps. They all said, I hope you win Tuesday. Trump, Trump, Trump. They loved it.” (video)
ATTENTION American Voters: Did you know Democrats have been using satellite imagery to raid American Farms? Shutting Down Family Farms & Going After Small Farmers Selling Food To Their Neighbors. - Government hotline for neighbors to report. - Government using satellite imagery to pinpoint farms to target.
Judge Joe Brown in Atlanta, Georgia. The Kamala Harris DOD initiative that legalized the use of Deadly Force on Americans “One of the specific categories that is mentioned is dissent or refusal to accept election results”. They can now murder you if you protest the election (video)
American reporting Donald Trump is NOT ON THE BALLOT in the main section, you have to go to a separate page to vote for him at her polling in Beverly Hills, California. “So I just got back from voting — Public Service Announcement: You can't find the name Donald J Trump on the ballot, so this is what you do: - When you get to the presidential section, you gotta hit the more button, and on the second screen, halfway down the page, you'll find his name. (video)
WOW! Here comes US Government yet again taking someone’s pet squirrel. This couple saved this squirrel and was also reported by someone online, just like with Peanut the squirrel and Fred the raccoon. The owners cry and plead for the government not to take him “We did save him”. This happened two years ago and they were afraid to post this video. US Government is completely out of control. (video)
Kamala Harris Admin Completely Selling Out America. The Federal government worked to “Facilitate the construction of massive industrial projects by subsidiaries of Chinese Communist Party companies — All of these projects, EVERY SINGLE ONE, is being built next to a military base”. - Robby Dube, Attorney with National Law Firm Eckland and Blando in Government Hearing. “Government fought furiously to not only deny their citizens referendum rights but to hide information about the project from their citizens”. (video)
Undecided Voters Need To See This. Interview with a CIA Agent on Afghanistan, EXPOSES Kamala Harris Admin has been Sending The Taliban “$40 million+ cash every week”. He Explains Exactly How They Get It: CIA Agent “The simplest way I could say it right here, right now, American taxpayer money, your tax dollars, are funding the Taliban right now”. “This has been going on since September 2021. (video)
Portland, Oregon Preparing To Riot. Resident shares video of what the city is doing preparing for Election Day. You’ll never guess, they’re boarding up the windows again…. (video)

@TrueTheVote

ALERT. Location : Maryland Report: Citizen’s vote was switched from Donald Trump to RFK Jr. . When she brought it to the attention of the election judge, she was reprimanded for capturing proof! Resolve: If this happens to you, immediately file a complaint. In MD, file at https://elections.maryland.gov/pdf HAVA_Administrative_Complaint_Form.pdf…. The voting malfunction must be resolved by the local election admin! You only have one vote - defend it! (pic)

@GetOutspokenUSA

Political earthquake in Minnesota. Muslim Democrats ENDORSE TRUMP. Former Obama & Bernie Sanders organizer unleashes on Democratic Party . “That party is no longer loyal to this country”. Must share. (video)

@FFT1776

GEORGIA!!! Reposting … 40,000 citizen affidavits of election fraud in Georgia. Governor Kemp ignored the fraud evidence. REPOST - keep this in everyone’s memory. He can’t get away with this again. (video)

@LeadingReport

BREAKING: Five Pennsylvania counties are investigating possible fraudulent voter and mail-in ballot applications leading up to Election Day.

@GrageDustin

No, this is not a video from a war-torn country in the Middle East. This is the aftermath of the Minneapolis Riots after Governor Tim Walz allowed it to burn four consecutive nights. Kamala Harris bailed out the violent rioters. This is their legacy. Vote accordingly. (video)

Night Trading

Asian indices are -.25% to +.75% on average.
Asia Ex-Japan Investment Grade CDS Index 73.5 +.75 basis point.
China Sovereign CDS 65.5 +1.0 basis point.
China Iron Ore Spot 102.0 USD/Metric Tonne -.14%.
Bloomberg Emerging Markets Currency Index 38.1 +.1%.
Bloomberg Global Risk-On/Risk Off Index 61.52 +.28%.
Volatility Index(VIX) futures 19.5 -.14%.
Euro Stoxx 50 futures -.08%.
S&P 500 futures -.01%.
NASDAQ 100 futures +.15%.

Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and consumer shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower. The Portfolio is 50% net long heading into the week.

Saturday, November 02, 2024

Today's Headlines

Posted by Gary .....at 1:14 PM