Monday, October 14, 2024

Bull Radar

Style Outperformer:

  • Large-Cap Growth +1.0%
Sector Outperformers:
  • 1) Homebuilders +2.0% 2) Semis +1.8% 3) Gambling +1.3%
Stocks Rising on Unusual Volume:
  • LBPH, DJT, UPST, EYPT, SOFI, CLSK, COIN, BYRN, LB, BLCO, SIRI, CSTL, SRRK, ANAB, ZIM, PRAX, BEAM, HIMS, MARA, ARM, AAOI, VST, ELF, SMR, FLUT, CELH, OCUL, GDS, EOLS, WEN, AFRM, DEA, KB, SPHR, SPHR, ACLS, OPCH, ASML, TEAM, PEN, DAVA, ATR and UCTT
Stocks With Unusual Call Option Activity:
  • 1) BBAI 2) BTU 3) RUM 4) DISH 5) AVTR
Stocks With Most Positive News Mentions:
  • 1) LBPH 2) BBAI 3) UPST 4) VRA 5) SOFI
Sector ETFs With Most Positive Money Flow:
  • 1) XLK 2) XLE 3) XLF 4) KRE 5) SMH
Charts:

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ACI)/.48
  • (BAC)/.76
  • (SCHW)/.75
  • (C)/1.31
  • (GS)/6.89
  • (JNJ)/2.21
  • (PNC)/3.30
  • (PGR)/3.66
  • (STT)/2.12
  • (UNH)/7.00
  • (WBA)/.36
After the Close: 
  • (IBKR)/1.82
  • (JBHT)/1.39
  • (OMC)/2.03
  • (UAL)/3.17
  • (CBSH)/1.00
Economic Releases
8:30 am EST
  • Empire Manufacturing for Oct. is estimated to fall to 3.7 versus 11.5 in Sept.

11:00 am EST

  • The NY Fed 1Y Inflation Expectations Index for Sept.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Daly speaking, Fed's Bostic speaking, Fed's Kugler speaking, IEA monthly report, weekly US retail sales reports, Maxim Healthcare Summit, (CASY) analyst day, (SCHW) business update and the (JEF) investor meeting 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 -18.7% Below 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 13.6 -.5
  • 1 Sector Declining, 10 Sectors Rising
  • 52.5% of Issues Advancing, 45.1% Declining 
  • TRIN/Arms 1.12 +12.0%
  • Non-Block Money Flow +$142.4M
  • 202 New 52-Week Highs, 7 New Lows
  • 59.8% (+.2%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 68.0 -1.0
Other:
  • Bloomberg Global Risk-On/Risk-Off Index 61.3 +.8%
  • Bloomberg Cyclicals/Defensives Index 234.1 -.23%
  • Russell 1000: Growth/Value 19,938.8 +.43%
  • CNN Fear & Greed Index 77.0 (EXTREME GREED) +3.0
  • 1-Day Vix 8.0 -28.4%
  • Vix 19.8 -3.0%
  • Total Put/Call .77 -16.3%

Sunday, October 13, 2024

Monday Watch

Today's Headlines

Bloomberg:  
Chatham House:
Global Research:
Zero Hedge: 
CNBC:  
MarketWatch.com:  
Fox News:
TheGatewayPundit.com:

The Epoch Times:

Around X:
  • @elonmusk
  • @BehizyTweets
  • @annvandersteel
  • @MTGrepp
  • @ImMeme0
  • @jackunheard
  • @GardensR4Health
  • Major Update from NC. The Toe River Campground Disaster. NONE of 150 people at the campground survived. Precision Drones’ team, using equipment from
    @elonmusk, were the 1st in on Oct 9. The death toll in NC will too big to comprehend. (video)
  • @mattdizwhitlock
  • @LauraLoomer
  • @MJTruthUltra
  • @naomirwolf
  • @BGatesIsaPsycho
  • @TONYxTWO
  • @GuntherEagleman
  • @ChuckCallesto
  • @WallStreetApes
  • @TonySeruga
OpenVAERS: 
SKirsch.com:
Night Trading
  • Asian indices are +.5% to +1.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 71.75 unch.
  • China Sovereign CDS 62.5 unch.
  • China Iron Ore Spot 106.5 USD/Metric Tonne +.2%.
  • Bloomberg Emerging Markets Currency Index 38.6 -.04%.
  • Bloomberg Global Risk-On/Risk Off Index 60.8 -.03%.
  • Volatility Index(VIX) futures 19.4 +.05%. 
  • Euro Stoxx 50 futures -.06%.
  • S&P 500 futures -.08%.
  • NASDAQ 100 futures -.16%.

BOTTOM LINE: Asian indices are modestly higher, boosted by technology and industrial shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 75% net long heading into the week.

Saturday, October 12, 2024

Today's Headlines

Bloomberg:

Statista.com:
The Diplomat:
  • How China Uses Geoengineering to Pursue a Hybrid Warfare Strategy. China’s growing ability to alter and manipulate the physical environment could help advance its geopolitical ambitions. Weather medication may also be used to sabotage troop movements and logistics operations in border regions by artificially altering the rainy conditions, which would slow down the tactical movement of the adversary on a real-time basis.
Zerohedge:
WSJ.com:  
Barron's:
  • Had bullish commentary on (NU).

CNBC:

MarketWatch.com:

NewsMax:     

Fox News:

Google Patents:

Business Insider:

NYPost.com:

 Wired.com

MIT Technology Review

TheGatewayPundit.com: 

Around X:
  • @realDonaldTrump
  • @elonmusk
  • @PeterBernegger
  • @johnrich
  • @LibertyValkyrie
  • Years of Kamala’s Corruption Exposed: A 1) Kamala didn’t even register to vote until she was 29. Former colleague of Kamala (practicing lawyer of 30yrs) brings receipts in a Tucker Carlson interview. HIGHLY suggest you watch in its entirety — her entire resume unravels. Link to interview is in post if you scroll down. (video)
  • @BGatesIsaPsycho
  • @Sassafrass_84
  • Trigger warning.  the last part is heartbreaking. You need to share this out. North Carolina needs our help. The Biden Harris administration is not helping these people. Listen to what he is saying. There shouldn't be a stand off with fema. They desperately need our help. People are committing suicide. They have nothing left. No will to live. This is breaking my heart. Keep donating to the Cajun Navy and Samaritans purse. (video)
  • @Libsoftiktok
  • @krimd00t
  • @BehizyTweets
  • @WideAwake_Media
  • @CortesSteve
  • @WallStreetApes
  • @JackUnheard
  • @HustleBitch_
  • @TulsiGabbard
  • @DC_Draino 
  • @ImMeme0
  • @thecjpearson 
  • @IGSquawk 
OpenVAERS:
SKirsch.com: