Reply To: Traders Market Weekly: Bears Squeezed in Bonds, Stocks and Currencies

#47195
Truman
Participant

Wednesday – November 9

All day – The first trading after the U.S. election could see investors reposition themselves in certain sectors like energy and healthcare if the Republicans or Democrats outperform expectations. As for specific stocks, Bank of America pointed to elections in New Mexico and Massachusetts as potential catalysts. The PNM Resources (PNM)-Avangrid (AGR) merger is said to hang in the balance depending upon the unusually tight New Mexico gubernatorial race. In Massachusetts, a win by Democratic Attorney General Maura Healey could create a particularly difficult regulatory environment for Eversource (ES) given the company’s heavy exposure to the state.

All day – The Roblox (RBLX) earnings call has been circled as a potential share price catalyst. Analysts have pointed out that neither the Dynamic Heads or Game Fund game soft launches in December are baked into management’s outlook for Q4 or buyside/sellside estimates yet

All day – Companies holding investor day events include Phillips 66 (PSX), Procore Technologies (PCOR), and First Republic Bank (FRC). Also keep an eye on Okta (OKTA) with the company’s Oktane22 Keynote and Investor Day taking place. Shares of Okta have rallied in the past after the annual event.

10:30 a.m. Esperion Therapeutics (ESPR) will host a R&D Day event.

  • This reply was modified 1 month ago by Truman.