Monday, September 09, 2024

Bear Radar

Style Underperformer:

  • Small-Cap Value +.2%
Sector Underperformers:
  • 1) Shipping -1.1% 2) Electric Vehicles -.6% 3) Telecom -.4%
Stocks Falling on Unusual Volume: 
  • BSY, IMVT, HUM, DOCU, CLCO, DIN, MEOH, ELF, CLMT, VREX, ZUMZ and LIF
Stocks With Unusual Put Option Activity:
  • 1) HLF 2) AR 3) SBSW 4) FWRD 5) NYCB
Stocks With Most Negative News Mentions:
  • 1) CVS 2) MRK 3) MEI 4) VICR 5) BIG
Sector ETFs With Most Negative Money Flow:
  • 1) XLF 2) XLY 3) KRE 4) SMH 5) AMLP

Bull Radar

Style Outperformer:

  • Mid-Cap Growth +1.5%
Sector Outperformers:
  • 1) Airlines +2.3% 2) Banks +2.1% 3) Industrials +1.7%
Stocks Rising on Unusual Volume:
  • SMMT, BCYC, XNCR, PGHL, TVTX, ADMA, PLTR, RDFN, CRGX, BNTX, GCT, PI, GDOT, ZWS, INSP, AAOI, SHC, QXO, YOU, QNST, U, TGTX, DOCN, ITOS, ACVA, UAL, FIVE, SMCI, MLNK, ALK, AGX, CPRI, PSN, DJT, COIN, XPRO, CNH, DAL, XLS, IOT, ALGM, HLNE, BYRN, TGNA, GWRE, ULTA, AAL, COCO, X, LEGN, BA, DELL, NAMS, CRI, WAL, IMTX, CCRN, PCVX, ZD, PNC, GEO, ROIV, HELE, DB and GD
Stocks With Unusual Call Option Activity:
  • 1) SMMT 2) MULN 3) IMVT 4) BNTX 5) TERN
Stocks With Most Positive News Mentions:
  • 1) SMMT 2) INBS 3) PLTR 4) XNCR 5) TERN
Sector ETFs With Most Positive Money Flow:
  • 1) XLP 2) IGV 3) XLV 4) XLK 5) XLI
Charts:

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ASO)/2.01
After the Close: 
  • (PLAY)/.84
  • (GME)/-.09
  • (WOOF)/-.02
Economic Releases

6:00 am EST

  • The NFIB Small Business Optimism Index for Aug. is estimated at 93.7 versus 93.7 in July.

Upcoming Splits

  • (CTAS) 4-for-1
Other Potential Market Movers
  • The Fed's Barr speaking, 3Y T-Note auction, OPEC monthly report, API weekly crude oil stock report, EIA short-term energy outlook report, weekly US retail sales reports, (NKE) annual meeting, (IDCC) investor day, (CPB) investor day, BofA Real Estate Conference, Barclays Financial Services Conference, Morgan Stanley Laguna Conference, Goldman Communicopia/Tech Conference and the Baird Healthcare 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 +1.5% Above 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 11.4 -1.2
  • 0 Sectors Declining, 11 Sectors Rising
  • 73.8% of Issues Advancing, 23.7% Declining 
  • TRIN/Arms .79 -39.5%
  • Non-Block Money Flow +$301.2M
  • 127 New 52-Week Highs, 67 New Lows
  • 54.6% (+4.3%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 54.0 -5.0
Other:
  • Bloomberg Global Risk-On/Risk-Off Index 49.8 +7.4%
  • Bloomberg Cyclicals/Defensives Index 220.4 +.9%
  • Russell 1000: Growth/Value 18,943.3 -.06%
  • CNN Fear & Greed Index 43.0 (FEAR) +4.0
  • 1-Day Vix 13.3 -35.1%
  • Vix 19.4 -13.5%
  • Total Put/Call 1.09 -4.4%

Sunday, September 08, 2024

Monday Watch

Today's Headlines

Bloomberg:
Zero Hedge: 

Wall Street Journal:

Barron's:
  • Had bullish commentary on (CELH), (CEG) and (VST).
CNBC:  
MarketWatch.com:  
Fox News:
TheGatewayPundit.com:

The Epoch Times:

Around X:
  • @elonmusk
  • @barnes_law
  • @MichelleRM68
  • @nicksortor
  • @DiedSuddenly_
  • @TonySeruga
  • @drsimonegold
  • In the 1960’s children received 5 vaccine shots in total. Today, the CDC says that children should receive 72 vaccine shots, a majority of them before the age of 6. The CDC is known for corruptly advancing Big Pharma interests. This schedule needs to be investigated further. (pic)
  • @JamesMelville
  • @WallStreetSilv
  • @WallStreetApes
  • @PeterSweden7
  • @ValerieAnne1970
OpenVAERS: 
SKirsch.com:
Night Trading
  • Asian indices are -1.5% to -.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 96.75 +1.25 basis points.
  • China Sovereign CDS 61.0 +1.5 basis points.
  • China Iron Ore Spot 89.9 USD/Metric Tonne -2.0%.
  • Bloomberg Emerging Markets Currency Index 38.8 -.04%.
  • Bloomberg Global Risk-On/Risk Off Index 48.0 +3.6%.
  • Volatility Index(VIX) futures 20.4 -2.6%. 
  • Euro Stoxx 50 futures +.13%.
  • S&P 500 futures +.08%.
  • NASDAQ 100 futures +.08%.

BOTTOM LINE: Asian indices are mostly lower, weighed down by technology and industrial shares in the region. I expect US stocks to open modestly higher and to weaken into the afternoon, finishing mixed.  The Portfolio is 25% net long heading into the week.

Saturday, September 07, 2024

Today's Headlines

Around X:

  • @elonmusk
  • @StephenM
  • @glennbeck
  • @BillAckman
  • @BehizyTweets
  • @stillgray
  • @kylenabecker
  • @LauraLoomer
  • @RepThomasMassie
  • @ShadowofEzra
  • @captivedreamer7
  • @DowdEdward
  • @Libsoftiktok
  • @Geiger_Capital
  • @BelannF
  • @MaxEvansUMP
  • @MichelleRM68
  • Remember when Democrats threw out ALL of the Republican poll watchers in Philly?? Pam Bondi & Corey Lewandowski had to file an emergency motion in federal court? Nothing was done & no one was arrested! Yeah, that happened & they'll do it AGAIN! (video)
  • @WallStreetApes
  • @JackPosobiec
  • @CollinRugg
  • @ChuckCallesto
  • @Holden_Culotta
  • @TrumpWarRoom
  • @DC_Draino 
  • @DogRightGirl
  • @JDunlap1974
  • @TimRunsHisMouth
  • @TonySeruga
  • Using GPS the same dirtbag retired FBI Special Agent we’ve linked to other shooters was within 1,000 feet of this shooter’s mobile devices 11 times in 14 months. That is not a coincidence.
  • @IGSquawk