Market in review 7/30/2024
MARKET REPORT (Unburdened by what has been) US-Chinese early trade Day in Review: Today: (Kamalanomics): DATA: – JOLTS above expectations, with the prior revised up – Mixed US Consumer Confidence, but headline beats COMPANIES: – NVDA (-6.5%) – Sysco (+4.38%) released earnings per share at 1.39 USD, compared to market expectations of 1.38 USD – […]
Market in Review 7/29/2024
MARKET REPORT (Unburdened by what has been) Augsburg trading market Day in Review: Today: (Kamalanomics): COMPANIES: – Tesla (+5.60%) jumps on replacing Ford as Morgans Top Pick – McDonalds +4% GENERAL: – Mixed BoJ sources – Treasury lowers financing estimates, as expected – Israel-Hezbollah tensions rise – UK budget due October 30th – CAC40 6-month […]
Market in Review 7/26/2024
MARKET REPORT (Unburdened by what has been) Glasgow Stock Exchange Day in Review: Today: DATA (Kamalanomics): – The Fed’s favorite inflation indicator – Core PCE – instead came in slightly hotter than expected, rising 2.6% YoY (vs +2.5% YoY exp). The headline PCE dipped to +2.5% – Durable goods deflation continues to drag Core PCE lower while […]
Market in Review 7/25/2024
MARKET REPORT (Unburdened by what has been) CME Day in Review: Today: DATA (Kamalanomics): – GDP hotter than Expected, +2.8% Exp +2.0% Prev +1.4% led by an acceleration in consumer demand – Durable Goods Headline worse, but Ex-Transport stronger – Weekly Jobless claims declined 235K Exp 247K COMPANIES: – Ford (-18.36%) SMOKED on profit miss […]
Market in Review 7/24/2024
MARKET REPORT (Unburdened by what has been) 1907, Zagreb: Croatian regions were split between the Austrian and Hungarian part. However, the Croatian-Hungarian Compromise granted a certain level of autonomy to Croatia and Slavonia, even though not in the field of economy, trade and transport, which were governed by the government in Budapest. Anxious to gain […]
Market in Review 7/23/2024
(This) MARKET REPORT (is unburdened by what has been) Dublin, to be sure. Day in Review: Today: DATA: – US existing home sales slumped for the fourth straight month in June – 5.4% MoM (the worst MoM drop since Nov 2022) and dragging sales down 5.4% YoY COMPANIES: – Spotify (SPOT) released earnings per share […]
Market in Review 7/22/2024
This MARKET REPORT is unburdened by what has been Euronext Dublin Day in Review: Today: DATA: – If youre under a rock…. BIDEN IS OUT, KAMALA (Cackling Hen) IS IN! (Ummm why is he still President then if he literally admits he cant do the job?) – PBoC surprisingly cut the RRR, LPR, and SLF […]
Market in Review 7/19/2024
MARKET REPORT Dublin Bourse 1924 Day in Review: Today: DATA: – Soft UK and Canada retail sales – Soft Japan CPI – VIX had a big week, surging back above 16 – its biggest absolute weekly jump since March 2023 (SVB implosion)… but bond vol remains muted COMPANIES: – Netflix (-1.8%) posted earnings: – Revenue […]
Market in review 7/18/2024
MARKET REPORT Old Dublin Stock Exchange, 1985 Day in Review: Today: DATA: – ECB Holds rates unchanged as Exp – “…continue to follow a data-dependent and meeting-by-meeting approach to determining the appropriate level and duration of restriction.” – “…The Governing Council is not pre-committing to a particular rate path.” – Strong Philly Fed – ALTHOUGH […]
Market in Review 7/17/2024
MARKET REPORT Copenhagen Bourse. Day in Review: Today: DATA: – Housing Starts & Building Permits rise more than expected in June +3.0% MoM and +3.4% MoM respectively – May revised higher -4.6% MoM and -2.8% MoM – US Industrial Production rises (better than expected) +0.6% MoM June (double the 0.3% jump Exp vs slower than the 0.9% […]
