In the spreadsheet above I have tracked the earnings estimates for the Transportation Sector ETF (IYT) holdings. Continue reading “Transports Earnings Estimates/Revisions”
Be in the know. 30 key reads for Thursday…
- Small caps and value stocks dominated in July by the widest margin in decades. Can the ‘great rotation’ continue? (marketwatch)
- Katie Ledecky drops major 2028 Olympics hint after 1500-meter freestyle gold (nypost)
- Interview: China revs up fiscal policy support to spur economic recovery (cn)
- Since 1995, value stocks have always outperformed when they’re this cheap — and by a big margin (marketwatch)
- Japanese stocks fall as investors fear effects of stronger yen (ft)
- Japan Raises Interest Rates for Second Time Since 2007 (nytimes)
- China’s Politburo meeting sends positive vibes to investors after Third Plenum disappoints (scmp)
- US Initial Jobless Claims Rise to One-Year High as Hiring Slows (bloomberg)
- “This Is Unjust!” Female Boxer Quits Olympic Match, Melts Down In Tears After Biological Male Brutalizes Her In 46 Seconds (zerohedge)
- China to improve market access system: top economic planner (cn)
- Wall Street says buy stocks that pay dividends with $6 trillion of cash ready to be deployed (businessinsider)
- CEOs Are Discussing the Fed on Earnings Calls at a Record Pace (bloomberg)
- K. Cuts Rates (barrons)
- Intel Wants to Sell More AI Chips. It Reports Earnings Thursday. (barrons)
- September Rate Cut Would Thrust Fed Into Brutal Election Campaign (wsj)
- Katie Ledecky wins gold in 1500m freestyle with new Olympic record (nbc)
- In new CEO, Boeing gets ‘the kind of person who gives a damn’ (ft)
- China’s ‘basic self-sufficiency’ in chip-making tools could come this summer, veteran says (scmp)
- Macau casino group MGM China reports best-ever June quarter as tourists return, winning odds improve (scmp)
- Bears flee China stock markets as regulatory curbs squash short positions to a 4-year low (scmp)
- Tech war: China narrows AI gap with US despite chip restrictions (scmp)
- Discount shopping giant Temu’s supply chain faces scrutiny as mainland sellers protest (scmp)
- Boeing’s new CEO already seems to have given a major indication of where his priorities lie (businessinsider)
- S. productivity rebounds sharply in second quarter, which could help a soft landing (marketwatch)
- Fed should’ve cut today, says DoubleLine’s Jeffrey Gundlach (cnbc)
- France’s ‘shallow’ Olympics pool could be slowing swimmers down (nypost)
- What an August election-year rally for stocks could mean for Wall Street’s ‘Great Rotation’ (marketwatch)
- XPO Earnings Show U.S. Manufacturing Improved. Shares Rise. (barrons)
- Fed Clears Path for September Interest Rate Cut (wsj)
- The Haves and Have-Nots at the Center of America’s Inflation Fight (wsj)
“Pals, Trowels and Towels” Stock Market (and Sentiment Results)…
On Wednesday, I joined Neil Cavuto on Fox Business to discuss markets, the rotation, the Fed and more. Thanks to Jenna DeThomasis and Neil for having me on: Continue reading ““Pals, Trowels and Towels” Stock Market (and Sentiment Results)…”
Tom Hayes – CGTN America Appearance – 7/31/2024
Hedge Fund Tips (PCN) – Position Completion Notification
Tom Hayes – Fox Business Appearance – Cavuto Coast to Coast – 7/31/2024
Where is money flowing today?
Indicator of the Day (video): NYSE Advance-Decline Volume ($NYUD)
Quote of the Day…
Be in the know. 25 key reads for Wednesday…
- Yen Soars to Strongest Since March as BOJ Reignites Rally (bloomberg)
- Alibaba to deploy AI-powered sourcing engine to boost trade for global merchants (scmp)
- Japan’s Central Bank Hikes Key Rate Hours Before the Fed (bloomberg)
- Japan Spent $36.6 Billion to Prop Up Yen in Past Month (bloomberg)
- Intel to Cut Thousands of Jobs to Reduce Costs, Fund Rebound (bloomberg)
- PayPal Shares Surge on Higher Forecast for Profit, Buybacks (bloomberg)
- Boeing’s stock jumps after company names industry veteran Robert K. Ortberg CEO (marketwatch)
- Opinion: Microsoft and AMD earnings show that AI remains a game of optics (marketwatch)
- Disney Bets on Deadpool, Wolverine and Dirty Jokes to Save Marvel (bloomberg)
- ADP says 122,000 jobs added in July. Smallest gain in six months points to weaker labor market. (marketwatch)
- AMD Raises AI Chip Guidance Again. The Stock Jumps. (barrons)
- TSMC, Broadcom, Intel Stocks Rise. 3 Reasons the Chip Companies Are Moving. (barrons)
- Job quitting falls to nearly 4-year low and job openings dip in sign labor market is cooling (marketwatch)
- We’re raising our Stanley Black & Decker price target on the stock’s earnings rally (cnbc)
- Jobs Are Now a Big Focus for the Fed. 6 Charts That Tell the Story. (marketwatch)
- Norwegian Cruise Line Stock Sails Higher. Earnings Were That Good. (barrons)
- Starbucks CEO Said the Company Is Making “Real Progress” Amid Sales Decline in U.S. and China (barrons)
- The U.S. Wanted to Knock Down Huawei. It’s Only Getting Stronger. (wsj)
- Higher, Stronger…Slower? Why the Paris Olympic Pool Has a Problem (wsj)
- Investors on Alert for Fed Signals of September Rate Cut (wsj)
- US Labor Costs Rise Less Than Forecast as Inflation Eases (bloomberg)
- US Will Host Chinese Officials for New Talks on Curbing Fentanyl (bloomberg)
- This strategist is predicting a big rally after the Fed decision. He’s been more right than wrong this year. (marketwatch)
- ASML shares jump on U.S. exemption from China chip export restrictions – Reuters (streetinsider)
- Politburo Release Review (chinalastnight)