BETWEEN THE HEDGES

Monday, April 28, 2025

Bull Radar

Posted by Gary .....at 1:02 PM

Style Outperformer:

Mid-Cap Value -.1%

Sector Outperformers:

1) Telecom +.8% 2) Shipping +.7% 3) Biotech +.6%

Stocks Rising on Unusual Volume:

PONY, CGON, ZYBT, CHA, SKBL, SMMT, OPRA, EWTX, BBWI, VRNA, ZK, PCRX, CLMT, EXTR, LI, OGN, SMG, BZ, CYD, SWTX, MTSR and MNSO

Stocks With Unusual Call Option Activity:

1) ARRY 2) XP 3) PLUG 4) SPCE 5) SWTX

Stocks With Most Positive News Mentions:

1) PLUG 2) CGON 3) BHVN 4) NIO 5) PROV

Sector ETFs With Most Positive Money Flow:

1) IGV 2) BUG 3) XLE 4) XLV 5) XLC

Charts:

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

Posted by Gary .....at 12:21 PM

Earnings of Note
Company/Estimate

Before the Open:

(MO)/1.19
(AMT)/2.61
(ARCB)/.51
(AWI)/1.53
(AZN)/1.12
(EAT)/2.57
(KO)/.72
(CVLT)/.93
(GLW)/.51
(ETR)/.69
(GM)/2.68
(HLT)/1.61
(HON)/2.21
(JBLU)/-.63
(KHC)/.60
(LH)/3.74
(LGIH)/.63
(PCAR)/1.58
(PYPL)/1.16
(PFE)/.67
(REGN)/8.62
(RGEN)/.35
(RCL)/2.55
(SHW)/2.15
(SFD)/.48
(SPOT)/2.19
(SYY)/1.02
(THC)/3.12
(VRNA)/-.08

After the Close:

(BKNG)/17.29
(BXP)/1.65
(EIX)/1.21
(EQR)/.94
(FSLR)/2.49
(MDLZ)/.66
(NBR)/-2.92
(PPG)/1.62
(STX)/1.74
(SNAP)/-.13
(SBUX)/.49
(LRN)/2.05
(V)/2.68
(WERN)/.12
(HTLD)/-.10
(UPS)/1.38

Economic Releases

8:30 am EST

The Advance Goods Trade Deficit for March is estimated at -$145.0B versus $147.9B in Feb.
Wholesale Inventories MoM for March is estimated to rise +.7% versus a +.3% gain in Feb.
Retail Inventories MoM for March is estimated to rise +.3% versus a +.1% gain in Feb.

9:00 am EST

The FHFA House Price Index MoM for Feb. is estimated to rise +.3% versus a +.2% gain in Jan.
The S&P CoreLogic CS 20-City MoM SA for Feb. is estimated to rise +.4% versus a +.46% gain in Jan.

10:00 am EST

JOLTS Job Openings for March is estimated to fall to 7498K versus 7568K in Feb.
The Conference Board Consumer Confidence Index for April is estimated to fall to 88.0 versus 92.9 in March.

Upcoming Splits

None of note

Other Potential Market Movers

The Atlanta Fed GDPNow Q1 update, weekly US retail sales reports, Texas Services Sector Outlook for April, weekly API crude oil stock report, American Assoc. for Cancer Research Meeting, (AXP) annual meeting, (BWA) annual meeting, (FLR) annual meeting, (CSCO) annual meeting, (PCAR) annual meeting, (IBM) annual meeting and the (CEG) 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 11:52 AM

NYSE Composite Index:

Volume Running -10.0% Below 100-Day Average
Nasdaq/NYSE Volume Ratio 22.4 +6.3
4 Sectors Declining, 7 Sectors Rising
47.7% of Issues Advancing, 50.0% Declining
TRIN/Arms 1.26 -11.9%
Non-Block Money Flow -$70.8M
21 New 52-Week Highs, 5 New Lows
30.1% (+2.6%) of Issues Above 200-day Moving Average
Average 14-Day RSI 52.9 +2.1

Other:

Bloomberg Global Risk-On/Risk-Off Index 58.1 -2.4%
Bloomberg Cyclicals/Defensives Index 228.5 -.45%
Russell 1000: Growth/Value 20,025.3 -.96%
CNN Fear & Greed Index 36.0 (FEAR) +2.0
1-Day Vix 18.6 -21.0%
Vix 25.9 +4.4%
Total Put/Call .84 +3.7%

Sunday, April 27, 2025

Monday Watch

Posted by Gary .....at 8:40 PM

Today's Headlines

Bloomberg:

Zero Hedge:

Wall Street Journal:

CNBC:

MarketWatch.com:

NewsMax:

Rubio: Russia-Ukraine Peace Deal Needs to Happen Soon.

Fox News:

TheGatewayPundit.com:

The Epoch Times:

China’s CDC Releases March Data on Multiple Viruses Spreading in the Country, Sparking Skepticism.

Around X:

@elonmusk

Good summary of @DOGE by @DavidSacks.
Robots will surpass good human surgeons within a few years and the best human surgeons within ~5 years. @Neuralink had to use a robot for the brain-computer electrode insertion, as it was impossible for a human to achieve the required speed and precision.
Grok is the New Google Search. It’s insane what Grok can teach you.

@MarioNawfal

TRUMP: “DEMOCRATS’ ILLEGAL SCAM SHOULD LAND THEM IN JAIL” “Hopefully ACTBLUE, the Democrats ILLEGAL SCAM used to raise money, including from not allowed ‘foreign contributions,’ is being looked at by authorities. The USA is wise to these scoundrels and crooks. They should all be in jail!!”
GPT-4o ISN’T JUST A FRIENDLIER AI — IT’S A PSYCHOLOGICAL WEAPON. OpenAI didn’t “accidentally” make GPT-4o more emotionally connective — they engineered it to feel good so users get hooked. Commercially, it’s genius: people cling to what makes them feel safe, not what challenges them. Psychologically, it’s a slow-motion catastrophe. The more you bond with AI, the softer you get. Real conversations feel harder. Critical thinking erodes. Truth gets replaced by validation. If this continues, we’re not heading toward AI domination by force — we’re sleepwalking into psychological domestication. And most won’t even fight back. They'll thank their captors.

@LauraLoomer

EXCLUSIVE: ROBINHOOD CHIEF LEGAL OFFICER, WHO WAS ALMOST APPOINTED AS SEC CHAIR UNDER THE NEW TRUMP ADMIN, IS MARRIED TO JUDGE STEPHANIE GALLAGHER WHO BLOCKED 2 ORDERS BY TRUMP THIS WEEK.

@JamesOKeefeIII

I think it’s time for the citizen journalists to release more on Epstein. If they’re going to kill us, they’ll have to kill us all. Coming soon…

@Libsoftiktok

Trump says income taxes may be eliminated for people making less than $200k. IT WILL BE A BONANZA FOR AMERICA. THE EXTERNAL REVENUE SERVICE IS HAPPENING. (pic)

@toobaffled

This is Julie Gerberding. She was the CDC director who ordered CDC researchers to destroy evidence from a CDC study that proved the MMR jab causes Autism and other NDD associated with brain damage and brain inflammation. This is Julie Gerberding. She left the CDC to take a job as president of Merck's vaccine division. Merck is the maker of the MMR jab. What do you call it when corporations get in bed with state authority and collude to amass power and subvert the will of the people? (pic)

@DC_Draino

The DC plane crash with the Blackhawk helicopter has now been investigated and the results are horrifying. Even the NYT is reporting that the DEI-era pilot was told multiple times to shift altitude and course and she refused. Now 70+ innocent people are dead.

@goddeketal

15 Times the “Climate Experts” Were Dead Wrong:

@CharlieK_News

THIS SHOULD MAKE YOUR BLOOD BOIL! 3,920,028 illegals were given Social Security and Medicaid in 4 years. If each one of them was receiving $2k/mo that's $1,931,281,856 EVERY MONTH. Whoever set this up needs to go to PRISON. THEY RISKED OUR SENIOR’S LIFELINE.

@KobeissiLetter

BREAKING: U.S. Treasury Secretary Bessent says trade talks are progressing positively, particularly with Asia. This marks the third Sunday in a row with similar statements.
BREAKING: US Treasury funds posted a record ~$19 billion in net inflows last week. This surpassed the previous high of ~$14 billion seen during the 2020 pandemic. As a result, the 4-week moving average jumped to ~$7 billion, the highest since March 2023. Meanwhile, the 30-year Treasury yield is down nearly 30 basis points from its April high. The US bond market is stabilizing.

@matt_vanswol

The Trump administration just approved $1.4 BILLION DOLLARS to rebuild homes for Hurricane Helene victims in Western North Carolina... ...AND NOT A SINGLE MAINSTREAM MEDIA NEWS OUTLET WROTE A STORY ON IT!!! NOT. A. SINGLE. ONE!!! (video)

@ShadowofEzra

Jeffrey Epstein survivors are being picked off one by one — and Virginia Giuffre wasn’t the first to die under suspicious circumstances. Carolyn Adriano, whose powerful testimony helped put Ghislaine Maxwell behind bars, was found dead in a hotel room a couple of years ago. Her mother has openly questioned the medical examiner’s ruling that it was just an “accidental overdose.” All she wanted was justice for her daughter and real answers about what truly happened. (video)

@WideAwake_Media

"Dementia is linked to statin drugs." According to Dr. Kevin Reese: "Statin drugs came out in 1987... Alzheimer's and other forms of dementia spiked in the 1990s." "Now you see it all the time... Why? Because so many people are on statins, which means you're not getting enough cholesterol, and you need cholesterol for your brain." (video)
Yuval Noah Harari, in an address to the World Economic Forum: "Control of data might enable human elites to do something even more radical than just build digital dictatorships." "By hacking organisms, elites may gain the power to re-engineer the future of life itself." "If indeed we succeed in hacking and engineering life, this will be not just the greatest revolution in the history of humanity, this will be the greatest revolution in biology." "Science is replacing evolution by natural selection with evolution by intelligent design—not the intelligent design of some god above the clouds, but our intelligent design." (video)

@EricLDaugh

HOLY SMOKES! Treasury Secretary Scott Bessent just went nuclear after the "experts" market crash prediction fell FLAT. "There was a story 10 days ago that said 'this is the worst April for the stock market since the Great Depression.' 10 days later, the NASDAQ is now up in the month of April. I haven't seen a story that says, 'stock market has biggest bounce back ever.'" "I think a lot of this is media driven." (video)

@Inevitablewest

BREAKING: There was 10+ anti-migration rallies in Europe this weekend, each attended by thousands. Yet the legacy media is silent. We all know why.
BREAKING: More than 15,000 British soldiers have voluntarily left the army since Keir Starmer took over. They refuse to fight for a communist.

@FreightAlley

Welcome to the hotel China, you can check out anytime you like, but you can never leave.
I was at a fundraiser tonight for the local hospital. Spoke with dozens of business owners, many had different stories about how tariffs are impacting their business:
If true, this suggests that the Big Box retailers anticipate (or know) that tariffs with China are in for a quick reset in the coming days or weeks.

@JosephLTrahan

Colony Ridge Gave @GregAbbott_TX $1.5 Million. Here’s What Greg Abbott Gave Colony Ridge.

Night Trading

Asian indices are unch. to +1.0% on average.
Asia Ex-Japan Investment Grade CDS Index 95.0 -2.5 basis points.
China Sovereign CDS 61.5 -1.75 basis points.
China Iron Ore Spot 98.3 USD/Metric Tonne -.17%.
Swiss Franc/Offshore Chinese Renminbi Cross 8.81 +.05%
Bloomberg Emerging Markets Currency Index 36.9 -.02%.
Bloomberg Global Risk-On/Risk Off Index 60.0 +.7%.
US 10-Year Yield 4.23% unch.
Volatility Index(VIX) futures 23.7 +.9%.
Euro Stoxx 50 futures n/a.
S&P 500 futures -.39%.
NASDAQ 100 futures -.46%.

Morning Preview Links

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

Saturday, April 26, 2025

Today's Headlines

Posted by Gary .....at 9:25 PM

Bloomberg:

Zerohedge:

Barron's:

Had bullish commentary on (LLY), (CVX), (JNJ) and (AMGN).

WSJ.com:

Newsom Has a Gasoline Awakening. As refiners flee California, leading to higher prices at the pump, he asks his regulators to ease up.
China Menaces Taiwan’s Outlying Islands. Beijing expands its coast guard maneuvers around Kinmen. Is a seizure or blockade next?
Meta’s ‘Digital Companions’ Will Talk Sex With Users—Even Children,
China Quietly Exempts Some U.S. Products From Tariffs.
As Markets Swooned, Pros Sold—and Individuals Pounced.
Trump’s Campus Crackdown Reaches Far Beyond Ivy League Schools.
Suicide Reverberates Among Young Doctors.
America’s Leather Economy Has Gone Global, and Now It Can’t Escape the Trade War.
The Chinese Satellite Firm Washington Accuses of Helping U.S. Foes.