- This topic has 27 replies, 7 voices, and was last updated 3 years, 4 months ago by
.
- Posts
[color=purple][i][b]Where have we been and where are we … Hope it is a good & safe week for all
And HAPPY & BLESSED MOTHERS day to all the wonderful mom’s out there 8)
Another night of freezing temps is on way as POLAR VORTEX exits — breaking records in our area
Spring fawns will soon be on the way — and even on “dark days” there is always a RAY OF HOPE 8)[/b][/i][/color][article]2058[/article]
IPO share lockup periods expiring this week:
89bio (NASDAQ:ETNB) and YayYo (NASDAQ:YAYO) on May 11,
Duos Technologies Group (NASDAQ:OTC:DUOT) on May 13.
A lockup period on a secondary offering from Moderna (NASDAQ:MRNA) expires on May 12.
Expect plenty of spin as one-year anniversary of the Uber (NYSE:UBER) IPO. The IPO was priced at $45 and closed at $32.79 on Friday.
The Credit Suisse Utilities, Power & Clean Tech Conference
This week features:
Atlantica Yield (NASDAQ:AY), Black Hills (NYSE:BKH), CMS Energy (NYSE:CMS), Consolidated Edison (NYSE:ED), DTE Energy (NYSE:DTE), Duke Energy (DUK), Enphase Energy (NASDAQ:ENPH), Eversource Energy (NYSE:ES), Generac Holdings (NYSE:GNRC), NiSource (NYSE:NI), NRG Energy (NYSE:NRG), SolarEdge Technologies (NASDAQ:SEDG), Sunnova Energy International (NYSE:NOVA), Sunrun (NASDAQ:RUN) and TransAlta (NYSE:TAC).
Credit card write-off and delinquency reports this week
Due in at the end of the week from
American Express (NYSE:AXP), Bank of America (NYSE:BAC), Citigroup (NYSE:C), Capital (NYSE:COF), Discover Financial (NYSE:DFS),JPMorgan (NYSE:JPM) and Synchrony Financial (NYSE:SYF)
Barron’s This Weekend
he housing industry gets a strong defense in this week’s cover story. The supply of houses available is noted to be tightest it has been in decades and most owners had a healthy amount of home equity heading into the pandemic. They see home prices holding up fine.
For investors,
Homebuilders Lennar (NYSE:LEN), M/I Homes (NYSE:MHO), PulteGroup (NYSE:PHM), Toll Brothers (NYSE:TOL) are expected to do well, as well as Mortgage insurers Essent Group (NYSE:ESNT) and Radian Group (NYSE:RDN).
EITS like AvalonBay Communities (NYSE:AVB) and Equity Residential (NYSE:EQR) are also mentioned positively.Outside of the real estate sector,
Boyd Gaming (NYSE:BYD) is highlighted for its geographic diversity as a strong pick in the gaming sector and a list of bank M&A targets includes Regions Financial (NYSE:RF), Atlantic Capital Bancshares (NASDAQ:ACBI) and TCF Financial (NASDAQ:TCF).
[color=purple][i][b]GOOD MONDAY MORNING to all … a wee bit of selling of WALL STREET :ohmy:
DOW is off 200 points … And concern abounds at record level U/E, DEBT, and depression like ECON statsStatistically, I’ve been watching day-to-day virus STATs & indeed see tiny bit of improvement in USA
Russia is severe outbreak mode … And as Southern hemisphere moves out of summer they may increase
COVID-19 should follow SARS life cycle pattern (which is a little longer plateau at peak than regular flu)
Heat, Light, and humidity factors impact SARS capability to live “in the wild”LET THERE BE LIGHT in days ahead to better mitigate virus spread
as our creator & greats minds of mankind will defeat this germ one day 8) [/b][/i][/color]
[color=red][size=5][b]Dow 24,221.99 -109.33 -0.45%
[color=green]S&P 500 2,930.19 0.39 0.01%
Nasdaq 9,192.34 71.02 0.78%[/color]
GlobalDow 2,629.06 -11.42 -0.43%
Gold 1,699.60 -14.30 -0.83%
Oil 24.73 -0.01 -0.04%[/b][/size][/color]In memory of HALL OF FAME rocker who passed on this weekend
President Trump says “I’m not interested” in reopening phase 1 trade deal with China,
Trump is speaking from the White House
“I’m not interested” in reopening the trade deal with China,
“Let’s see if they live up to the deal they signed”Trump ‘s comments refer to wanting to reopen phase 1 talks and to remian it to remain in place as it is
Goldman Sachs says US equity investors are ignoring Risk
Goldman Sachs US equity strategists.in a note
Expects the S&P500 to be higher at year end, around 3,000 *its at 2930 now so hardly a big call). as see the coronavirus scare receding and a rebound for the economy.
However its says in the next 3 months it will bring a near 20% decline, targeting around 2,400 in a decline triggered by the following
concerns and risks:1. Infection rates could increase outside worst-hit NY as states reopen their economies
2 A drawn-out economic rebound
3 Major US banks losing profits for loan-loss reserves.
4 The labor market is now being hit harder and thus additional reserve will be required
5 More companies will cancel stock-buybacks. Buybacks have been a major source of demand (manipulation perhaps) towards higher prices.
6. Companies cutting dividend payments and also capex spending (which will slow corporate growth ahead, oil and gas is a good example here.)
7 November presidential election policies (especially on corporate tax – Democrats could reverse Republican’s corporate profit-friendly tax )
8 US-China tensions if Trump and other world leaders turn more aggressive per Trump’s China approach>>>>> There is a possibility of House Speaker Nancy Pelosi becoming commander-in-chief if he and Vice President Mike Pence were incapacitated by Covid-19.
[b][color=purple][i]Ohhh the humanity — as I had never even thought of that before
this was shared during the tweet storms this morning & hopefully the 90% of worrisome things that never come true- lol :woohoo:
Hopefully we can get BOTH to wear masks & evem DEFCON4 hazmat suits if needed
To stay as safe as possible — as that scenario above “does not compute” :pinch: [/i][/color][/b]US CPI for April MoM -0.8% as expected
CPI ex food and energy -0.4% versus -0.2% estimate
CPI YoY 0.3% versus 0.4% estimate – year on year inflation rate is the lowest level since October 2015.CPI ex food and energy 1.4% v 1.7% estimate (Lowest core – ex food and energy component was the lowest going back to 1957).
food and ex in April increase 1.5% after rising 0.3% in March
energy increase decrease -10.1% versus -5.8% in March
apparel prices fell -4.7% versus -2% last month
services ex energy fell -0.4% versus 0.0% last monthreal average hourly earnings year on year rose by 7.5% versus 1.6% in the prior month
real average weekly earnings year on year increase by 6.9% versus 0.6% last month
the average weekly earnings came to $1026.34 versus $977.65United States budget deficit in April a record $738 billion as Fueled by #coronavirus pandemic government spending
[color=red][size=5][b]Dow 23,764.78 -457.21 -1.89%
S&P 500 2,870.12 -60.20 -2.05%
Nasdaq 9,002.55 -189.79 -2.06%
GlobalDow 2,599.15 -31.32 -1.19%
Gold 1,705.60 7.60 0.45%
Oil 25.69 1.55 6.42%[/b][/size][/color]
[b][size=5]Ohhhhhhh the humanity :woohoo:
MAD MAX ROAD WARRIORS OF APOCOLYPSE RULE THE EMPTY HIGHWAYS 👿Exotic sports car in Canada clocked at 308kph (191 mph) — UN-BULL-EVIL-ABLE
And have heard of many tickets in 120-150 mph range (even in SW VIRGINIA)
And one cannot outrun radar & cameras — which is why I drive speed limit + 5 mph 8)And in a crisis of this magnitude — best & worst of behavior take place
which is why I try to focus on positive thinking
and trying to turn lemons into lemonade 🙂
but would never turn the garden hungry DEER into venison – lol :kiss:It’s the beyond thunderdome 😮 )[/size][/b]
[size=5][i]Ohhhhh the humanity on a “TWO FOR
TUESDAY” song day 😆
MAKE that “2 for WEDNESDAY” as all days blend together when locked up at home 😳
Now I know what life in GREEN NEW DEAL :sick: is like when fossil fuels are BANNED :ohmy:HOUSE DEMS CREATE we don’t need ANOTHER HERO in Congress
as we just maxed the deficit out to $25 TRILLION — and can’t keep printing out of thin air :ohmy:ONE of my TOP 10 songs & movie series of all time in HQ/HD 8)[/i][/size]
- You must be logged in to reply to this topic.