Monday, February 03, 2025

Bear Radar

Style Underperformer:

  • Small-Cap Value -1.4%
Sector Underperformers:
  • 1) Homebuilding -2.6% 2) Airlines -2.2% 3) Alt Energy -2.2%
Stocks Falling on Unusual Volume: 
  • GOOS, ARLP, GM, HONE, LC, HUBB, MANH, MUR, BNS, DB, VRT, HAE, VC, DECK, BEP, RRX, STLA, DOW, SUPN, CNI, WHR, TSSI, BLK, CP, FWRD, CM, TITN, AHCO, PDD, BEN, FTRE, SPRY, FDX, BBIO, MGA, BOOT, PKX, TTEK, PII and NSSC
Stocks With Unusual Put Option Activity:
  • 1) ZI 2) AVIR 3) SABR 4) EQNR 5) CMCSA
Stocks With Most Negative News Mentions:
  • 1) NSSC 2) OMI 3) WBA 4) CROX 5) GM
Sector ETFs With Most Negative Money Flow:
  • 1) XLK 2) XLE 3) XLC 4) SOXX 5) FDN

Bull Radar

Style Outperformer:

  • Mid-Cap Growth -.2%
Sector Outperformers:
  • 1) Gold & Silver +1.8% 2) Computer Services +1.0% 3) Healthcare Providers +1.0%
Stocks Rising on Unusual Volume:
  • TGI, ZSPC, SSYS, KC, GDS, IDXX, FTAI, PTCT, MMYT, TPX, OKLO, TEM, VRNA, HIMS, SILV, DRD, ENPH, TLN, PAAS, EAT, AGI and ABBV
Stocks With Unusual Call Option Activity:
  • 1) CHGG 2) SYF 3) AGI 4) ETHR 5) APTV
Stocks With Most Positive News Mentions:
  • 1) GHRS 2) IDXX 3) SSYS 4) TPX 5) TXRP
Sector ETFs With Most Positive Money Flow:
  • 1) ITB 2) XLF 3) XLV 4) IYZ 5) VOX
Charts:

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ADM)/1.14
  • (BERY)/.98
  • (CNH)/.19
  • (CMI)/4.69
  • (ENR)/.65
  • (EL)/.32
  • (RACE)/1.95
  • (FOXA)/.68
  • (IT)/3.25
  • (HUBB)/4.02
  • (J)/1.27
  • (MRK)/1.61
  • (PYPL)/1.12
  • (PEP)/1.94
  • (PFE)/.47
  • (REGN)/11.36
  • (SPOT)/1.99
  • (TDG)/7.67
  • (UBS)/.29
After the Close: 
  • (AMD)/1.08
  • (GOOG)/2.13
  • (DOX)/1.64
  • (AMGN)/5.08
  • (CSL)/4.42
  • (CMG)/.24
  • (CRUS)/2.04
  • (COLM)/1.89
  • (EA)/3.06
  • (FICO)/6.09
  • (HRB)/-1.65
  • (IEX)/2.02
  • (JNPR)/.57
  • (KLIC)/.28
  • (MTCH)/.55
  • (MAT)//.20
  • (MOD)/.79
  • (MDLZ)/.66
  • (OI)/-.08
  • (PRU)/3.24
  • (SPG)/3.42
  • (SNAP)/-.04
Economic Releases

10:00 am EST

  • JOLTS Job Openings for Dec. is estimated to fall to 8000K versus 8098K in Nov.
  • Factory Orders for Dec. is estimated to fall -.7%  versus a -.4% decline in Nov.
  • Final Durable Goods Orders readings for Dec. 

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Jefferson speaking, Fed's Daly speaking, Fed's Bostic speaking, US weekly retail sales reports, IBD/TIPP Economic Optimism Index, weekly API weekly crude oil stock report, Evercore ISI Travel/Transport Conference, (DLB) annual meeting, (IBM) investor day, (TXN) business update call, (BEN) annual meeting, (EMR) annual meeting and the Guggenheim SMID Cap Biotech Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

Mid-Day Market Internals

NYSE Composite Index:

  • Volume Running +44.2% Above 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 13.1 +1.0
  • 7 Sectors Declining, 4 Sectors Rising
  • 30.9% of Issues Advancing, 67.1% Declining 
  • TRIN/Arms .95 -37.9%
  • Non-Block Money Flow -$186.8M
  • 20 New 52-Week Highs, 92 New Lows
  • 53.5% (-3.4%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 56.6 -11.3
Other:
  • Bloomberg Global Risk-On/Risk-Off Index 68.6 -4.0%
  • Bloomberg Cyclicals/Defensives Index 255.2 -.8%
  • Russell 1000: Growth/Value 21,054.8 -.5%
  • CNN Fear & Greed Index 44.0 (FEAR) -3.0
  • 1-Day Vix 15.2 -8.0%
  • Vix 18.1 +10.0%
  • Total Put/Call .91 +4.6%

Sunday, February 02, 2025

Monday Watch

Around X:

  • @elonmusk
  • @GenFlynn
  • @WarClandestine
  • @WallStreetApes
  • @StillGray
  • @BehizyTweets
  • @bennyjohnson
  • @BGatesIsaPsycho
  • @LauraLoomer
  • @TonySeruga
  • @officer_Lew
  • @OcrazioCornPop
  • @MilaLovesJoe
  • @RapidResponse47
  • @newstart_2024
  • Nicole Shanahan: " I was wrong to ever trust these people. And many Democrats are opening up to this acceptance that they were wrong, they were misguided, they were lied to, and it's all this bait and switch and that's what the party has been and that's what, and nobody in their right mind can continue to support that." (video)
  • @rawsalerts
  • @itscarterhughes
  • @NicHulscher
  • COVID-19 gene therapy injections are neurotoxic. They have been shown to increase your risk of: 1. Ischemic stroke (+44%) 2. Hemorrhagic stroke (+50%) 3. Transient ischemic attack (+67%) 4. Myelitis (+165%) 5. Myasthenia gravis (+71%) 6. Alzheimer’s (+22.5%) 7. Cognitive impairment (+137.7%) 8. Depression (+68.3%) 9. Anxiety disorders (+43.9%) 10. Sleep disorders (+93.4%)
  • @patrickbetdavid
  • Who needs who more? Canada GDP $2.14 trillion. US GDP $27.36 Trillion. If Canada were a  state it would be #4 in GDP. Another terrible move by Trudeau. (video)
  • @tedcruz
  • @stocktalkweekly
  • Mexico exports to U.S. as a percentage of GDP: 35% Canada exports to U.S. as a percentage of GDP: 22% U.S. exports to Canada as a percentage of GDP: 1.5% U.S. exports to Mexico as a percentage of GDP: 1.2%. America is in charge.
  • @MidwesternDoc

Night Trading
  • Asian indices are -2.5% to -1.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 77.5 +2.25 basis points.
  • China Sovereign CDS 57.0 +1.25 basis points.
  • China Iron Ore Spot 104.5 USD/Metric Tonne -1.2%.
  • Bloomberg Emerging Markets Currency Index 36.9 -.22%.
  • Bloomberg Global Risk-On/Risk Off Index 71.5 unch.
  • Volatility Index(VIX) futures 19.5 +9.5%.
  • Euro Stoxx 50 futures -2.8%.
  • S&P 500 futures -2.1%.
  • NASDAQ 100 futures -2.7%.

Morning Preview Links

BOTTOM LINE: Asian indices are sharply lower, weighed down by technology and consumer shares in the region. I expect US stocks to open sharply lower and to maintain losses into the afternoon.  The Portfolio is 50% net long heading into the week.

Saturday, February 01, 2025

Today's Headlines

Zerohedge:
WSJ.com:   
Barron's:
  • Had bullish commentary on (APH).

CNBC:

MarketWatch.com:  

NewsMax:     

Fox News:

TheGatewayPundit.com: 

Epoch Times:

Around X:
  • @elonmusk
  • @BehizyTweets
  • @catturd2
  • Of all the birds in the world - funny how the only birds they kill because of "bird flu" are chickens. - and of all the animals in the world - funny how the only animal farts that cause global warming are cow farts. - Two things we eat most.
  • @Ikennect
  • Chuck Schumer's net worth is $81 million. He earned $13 million in 2024 according to Wealth Tax. Where did it come from? (pic)
  • @JimFergusonUK
  • @Wideawake_media
  • @Liz_churchill10
  • @MarioNawfal
  • @VigilantFox
  • @bennyjohnson
  • @EndWokeness
  • @IngramAngle
  • @BGatesIsaPsycho
  • @CollinRugg
  • @NicHulscher
  • @Thechiefnerd
  • @CromwellStuff
  • @SaiKate108
  • @CreasonJana
  • @IGSquawk