Data Source: Finviz
Indicator of the Day (video): Nasdaq Stocks Above 50 EMA
Quote of the Day…
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 18 key reads for Wednesday…
- CPI data tees up Fed to begin gradually cutting rates next week (wsj)
- Shelter Inflation Makes 50 Basis Point Cut a Heavier Lift (wsj)
- Goldman Sachs Strategists Say Stocks Unlikely to Sink Into Bear Market (bloomberg)
- One of the world’s largest consulting firms will spy on employee locations as it forces workers back into the office (nypost)
- Google and Apple Face Billions in Penalties After Losing E.U. Appeals (nypost)
- Berkshire Hathaway Big Bet on Occidental Petroleum May Be Going Bad (barrons)
- Lithium Mining Stocks Are Soaring. Supply Is the Reason. (barrons)
- Alibaba Is Battling with Temu Parent PDD. Founder Jack Ma Says That’s a Good Thing. (barrons)
- Inflation unexpectedly cools to slowest rate in more than three years (foxbusiness)
- Alibaba Shares Rise on Hopes for Higher Demand From Mainland Investors (wsj)
- Sunbelt Manufacturing Boom Lures Property Investors (wsj)
- Fed Backpedals on Plan to Increase Big Bank Capital (wsj)
- Topgolf Sent Callaway Into the Rough (wsj)
- Lululemon Is Seeing a Slowdown in Its Women’s Business. Has It Reached Its Ceiling? (wsj)
- Here Are the Key Takeaways From the US CPI Report for August (bloomberg)
- Alibaba logistics arm Cainiao launches next-day delivery in Europe, builds new hubs (scmp)
- Alibaba founder Jack Ma urges business empire to remain steadfast, ‘believe in the future’ (scmp)
- “Mainland investors bought $400 million of stock today via Southbound Stock Connect versus yesterday’s $1.086 billion. It is worth noting Alibaba bought the equivalent of 719,500 US-listed ADRs yesterday, which means the buyback accounted for 4.7% of yesterday’s ADR volume (15.327 million ADRs shares traded).” (chinalastnight)
IBD 50 Growth Index (top 30 weights) Earnings Estimates
In the spreadsheet above I have tracked the earnings estimates for the top 30 weighted stocks in the IBD 50 Growth Index (ETF: FFTY) Continue reading “IBD 50 Growth Index (top 30 weights) Earnings Estimates”
Basic Materials (XLB)- Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Basic Materials Sector ETF (XLB). I have columns for what the 2024 and 2025 estimates were today and 60 days ago.
Continue reading “Basic Materials (XLB)- Earnings Estimates/Revisions”