Monday, May 12, 2025

Bear Radar

Style Underperformer:

  • Large-Cap Value +2.1%
Sector Underperformers:
  • 1) Gold & Silver -7.0% 2) Utilities -1.4% 3) Telecom -1.0%
Stocks Falling on Unusual Volume: 
  • RELX, ATGE, ENB,NGG, TW, WCN, CVS, CME, CI, LRN, KSPI, DOLE, SKE, TFPM, AEM, SATS, AU, BULL, PAAS, NTCL and PPTA
Stocks With Unusual Put Option Activity:
  • 1) XLB 2) EH 3) INDA 4) PONY 5) ZI
Stocks With Most Negative News Mentions:
  • 1) ORBT 2) CI 3) DOLE 4) NEM 5) CVS
Sector ETFs With Most Negative Money Flow:
  • 1) XLV 2) XLC 3) VGT 4) XLP 5) FDN

Bull Radar

Style Outperformer:

  • Large-Cap Growth +4.1%
Sector Outperformers:
  • 1) Semis +7.2% 2) Road & Rail +7.0% 3) Computer Hardware +6.7%
Stocks Rising on Unusual Volume:
  • RYET, NRG, AAOI, SOUN, SBH, MATX, W, HELE, FIVE, WRBY, BNIS, RH, SWK, XPO, AEVA, SOC, AFRM, ZIM, SAIA, CWH, ASO, RUN, GOGO, SHOP, SHOO, ROKU, YETI, HUT, PSIX, PINS, DYN, PONY, TTD, ZBRA, KNX, PRAA, DYN, PONY, TTD, ZBRA, KNX, PRAA, FBIN, AMPL, GCT, PRAA, MAS, DKS, OUST, AA, CCL, SPHR, CC, RGTI, FOXF, TART, RUM, CC, MTW, NXT, FSLR, CUK, TXN, REGN, RRX, PII, AMZN, ENR, WYNN, BRDG, URGN, PWP, EYE, LASR, HAS, NKE, FLEX, OPRA, YPF, PDD, MAG, IR, RXST, GMED, AXTA, SGI, XYF, HIMS, MSDL, FTK, MIDD, COLD, FROG, HLIO, UBER, FLG, ONTO, FOXA, SITE, LZMH, QNST, IPAR, TOST, BMY, CEPU, OBDC, IBN, CMP, ONON, MFIC, SLRC, DRI, DAVE, HHH and ATHM
Stocks With Unusual Call Option Activity:
  • 1) BBD 2) XLB 3) ALK 4) NRG 5) CARR
Stocks With Most Positive News Mentions:
  • 1) FIVE 2) ZIM 3) SBH 4) SHOP 5) RH
Sector ETFs With Most Positive Money Flow:
  • 1) XLF 2) SOXX 3) IHI 4) CIBR 5) MSTY
Charts:

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CYBR)/.79
  • (IGT)/.16
  • (JD)/7.03
  • (ONON)/.20
  • (SE)/.81
  • (UAA)/-.08
After the Close: 
  • (OKLO)/-.11
  • (CAE)/.33
Economic Releases
6:00 am EST
  • The NFIB Small Business Optimism Index for April is estimated to fall to 95.0 versus 97.4 in March.

8:30 am EST

  • The CPI MoM for April is estimated to rise +.3% versus a +.1% gain in March.
  • The CPI Ex Food & Energy MoM for April is estimated to rise +.3% versus a +.1% gain in March.
  • Real Average Weekly Earnings YoY for April

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Cleveland CPI MoM for April, weekly US retail sales reports, weekly API crude oil stock report, (SPXC) annual meeting, (MMM) annual meeting, (MANH) annual meeting, (COP) annual meeting, (KNX) annual meeting, (CMI) annual meeting, (WERN) annual meeting, (BROS) annual meeting, BofA Healthcare Conference, BofA Indusrtials/Transports/Airline Conference, CJS Securities Investor Conference, Goldman Sachs Staples Forum, Morgan Stanley Tech/Media/Telecom Conference and the JPMorgan Tech/Media/Communications 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 +45.0% Above 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 14.4 -.3
  • 2 Sectors Declining, 9 Sectors Rising
  • 75.6% of Issues Advancing, 22.6% Declining 
  • TRIN/Arms 1.07 +20.2%
  • Non-Block Money Flow +$76.0M
  • 81 New 52-Week Highs, 6 New Lows
  • 41.7% (+14.7%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 62.7 +2.9
Other:
  • Bloomberg Global Risk-On/Risk-Off Index 70.2 +9.6%
  • Bloomberg Cyclicals/Defensives Index 240.9 +3.4%
  • Russell 1000: Growth/Value 20,599.8 +1.7%
  • CNN Fear & Greed Index 66.0 (GREED) +4.0
  • 1-Day Vix 15.2 -43.5%
  • Vix 19.2 -12.4%
  • Total Put/Call .79 +5.3%

Sunday, May 11, 2025

Monday Watch

Today's Headlines

Bloomberg:    
Zero Hedge: 
Fox News:
TheGatewayPundit.com:

The Epoch Times:

Around X:
  • @elonmusk
  • @Zerohedge 
  • Trust the good old Fund Managers Survey to panic right at the bottom. On April 15 sentiment was "record bearish" (see below). Guess what happened next.
  • @MarioNawful
  • DAVID SACKS: U.S.-UAE AI ALLIANCE KEY TO OUTPACING CHINA. David Sacks, the White House’s top official for AI and crypto, just wrapped up a high-stakes meeting in the UAE with Sheikh Tahnoon—one of the most powerful men in the Middle East and chair of a $1.5 trillion investment empire. The goal? Make sure America stays the world’s go-to partner for artificial intelligence and emerging tech.
  • POPE LEO XIV: “NO MORE WAR!” IN GLOBAL DEBUT. In his first Sunday address, Pope Leo XIV called for peace in Ukraine, a Gaza ceasefire, the release of Israeli hostages, and praised the India-Pakistan truce. He warned the world is living through a “Third World War in pieces” and urged leaders to seek real, lasting peace. Over 100,000 gathered in St. Peter’s Square, just after bands marched past playing Y.M.C.A. and Rocky. Leo, the first U.S.-born pope, hasn’t mentioned his homeland — and some Americans are not thrilled. (video) 
  • TRUMP: MY NEXT TRUTH WILL BE ONE OF THE MOST IMPORTANT AND IMPACTFUL I HAVE EVER ISSUED. (video) 
  • QUANTUM COMPUTERS MIGHT JUST SAVE THE WORLD?! Imagine a computer so powerful, it could crack problems that make today’s best supercomputers cry. Quantum computers don’t just crunch numbers — they bend reality (okay, quantum reality) to solve stuff like cancer, Alzheimer’s, and even global warming. Our current climate “solutions” are like putting a band-aid on a volcano. But quantum machines could help find cheap, energy-light ways to trap carbon — and finally slow down the planet’s fever. (video)
  • AMAZON’S NEW ROBOT “FEELS” — AND IT’S CHANGING WHAT HUMAN WORK LOOKS LIKE. Meet Vulcan, Amazon’s latest warehouse bot that can “feel” what it picks up—grabbing high and low shelves, climbing ladders, and handling the repetitive strain stuff that usually sends people to physical therapy. Amazon says robots now touch 75% of customer orders—and they’re training warehouse staff to become robot techs, floor monitors, and reliability engineers. Not just new roles—new job categories. No, it’s not a 1:1 swap: not everyone wants to be a robot whisperer. But the idea that warehouse jobs are locked into the same routine forever? Also gone. (video)
  • DID SCIENTISTS JUST CURE BALDNESS? Forget rubbing donkey hooves on your head. UCLA scientists found a molecule — PP405 — that wakes up sleeping hair follicles and tells them, “Do your job.” In early trials, people rubbed it on their scalps before bed. One week later? Boom — actual hair, not sad fuzz. Thick, terminal strands. The kind you don’t have to squint to see. It blocks a protein that keeps follicles asleep. Turns out, your scalp isn’t dead — just lazy. The team’s backed by Google Ventures and already raised $16 million, which is more than most hair-loss companies make before they vanish in a cloud of regret and beard oil. It’s not FDA-approved yet.  
  • GOOGLE’S HOLLYWOOD MOVE: AI ISN’T JUST WRITING SCRIPTS — IT’S PRODUCING THEM NOW. Google and Range Media are launching AI on Screen and 100 Zeros, two new film initiatives backing movies that don’t just feature AI — they use it. The plan? Fund short films and series that explore AI’s ethical chaos, emotional impact, and future role in our lives. These aren’t just YouTube experiments either — they’re headed for major streaming platforms. The first projects, Sweetwater and Lucid, drop later this year. 
  • WHEN CHINA INVESTS IN LATIN AMERICA... WHAT IT MEANS FOR THE WORLD. China has been quietly building power across Latin America and the Caribbean — not with armies, but with airports, railways, and solar farms. This is called the China-CELAC Forum, where CELAC stands for the Community of Latin American and Caribbean States. Basically: a group of 33 countries teaming up with China to get stuff built. 
  • @LauraLoomer 
  • @amuse
  • @GenFlynn
  • @FiveTimesAugust
  • @WallStreetApes
  • This is actually extremely seriously. Glenn Beck “The medical thing that they just passed in Washington state. They passed it, and the governor has signed it, and basically it says if there's an immediate medical emergency, we can do whatever we want to. You now, remember, this is the state that was talking about building little internment camps for people who wouldn't get vaccinated last time”. “If you think that they won't do that, you're out of your mind. You're crazy. And so it says if the governor decides that there is a medical emergency, statewide emergency, I love this one, ‘based on scientific experts’ they will dictate what happens to every individual, what you have to get. If scientific experts tell you have to take this, you will be forced to take that.“ “If you're living in Washington state, may I just say. Get the hell out now. The entire state. Get out of the state, and I'm dead serious on that. You're living in a state that has gone absolutely insane.” (video)
  • @DineshDSouza
  • @SecretaryRollins
  • @toobaffled
  • @_NewsBarron 
  • @wideawake_media
  • "This is the greatest crime against humanity in recorded history." Dr. Naomi Wolf: "Pfizer knew by April of 2021 that minors' hearts were being damaged by the injection... and rather than coming forward and telling all of us... they followed that with an all-summer-long propaganda campaign... to get young people and teenagers injected." (video)
Night Trading
  • Asian indices are -.25% to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 87.5 -1.75 basis points.
  • China Sovereign CDS 55.5 -1.0 basis point.
  • China Iron Ore Spot 97.9 USD/Metric Tonne +1.0%.
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.67 -.48% 
  • Bloomberg Emerging Markets Currency Index 37.0 +.04%.
  • Bloomberg Global Risk-On/Risk Off Index 64.3 +.6%.
  • US 10-Year Yield 4.41% +3.0 basis points.
  • Volatility Index(VIX) futures 21.4 -3.1%. 
  • Euro Stoxx 50 futures +.83%.
  • S&P 500 futures +1.22%.
  • NASDAQ 100 futures +1.6%.

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and industrial shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon.  The Portfolio is 100% net long heading into the week.

Saturday, May 10, 2025

Today's Headlnes

Bloomberg:

Zerohedge:
Barron's:
  • Had bullish commentary on (KTOS), (SPHR), (AVAV), (KRMN) and (PLTR).

WSJ.com:

CNBC:

MarketWatch.com:

NewsMax:       

Fox News:

TheGatewayPundit.com: 

Epoch Times:

Around X:
  • @elonmusk
  • @MarioNawful 
  • TRUMP: I HAD A GREAT MEETING WITH CHINA. "Many things were discussed, and much was agreed upon. A total reset was negotiated in a friendly, yet constructive, manner. We want to see, for the good of both China and the U.S., greater openness from China to American business." 
  • @catturd2
  • @GuntherEagleman
  • @VigilantFox
  • @WallStreetApes
  • @rawalerts
  • @AutismCapital
  • @ShadowofEzra
  • @spectatorindex
  • @EricLDaugh
  • @annvandersteel
  • @ANTIWEF
  • @bennyjohnson
  • BREAKING: Energy Secretary Chris Wright reveals the Biden regime caused $100M in damage to the Strategic Petroleum Reserve by rapidly draining it to lower gas prices before the midterms. (video)
  • @IGSquawk 
OpenVAERS: 
SKirsch.com: