- This topic has 84 replies, 4 voices, and was last updated 2 months, 2 weeks ago by
.
- Posts
Dow 32,254.86 -543.54 -1.66%
S&P 500 3,918.32 -73.69 -1.85%
Nasdaq 11,338.35 -237.65 -2.05%
VIX 22.24 3.13 16.38%
Gold 1,834.90 16.30 0.90%
Oil 75.54 -1.12 -1.46%One must be a smooth operator these days – whether trading or investing 😉 🙂
SVB Financial Group has lot 69% of it’s market capitalization in less than a day:
Hit again After Hours
$SIVB $106.04 ▼ -161.79 (-60.41%) today
$82.90▼ 23.14 (-21.82%) After hours
– Funds telling clients to withdraw funds via BloombergAfter announced proposed offering of $1.25 billion of its common stock and $500 million of depositary shares
SVB Financial Accelerated Lower $SIVB 140.51 -127.32 (-47.54%) at lunch
Not the time for financials to be putting their hand out or diluting shares. probably doesn't help $SI
Western Alliance Bancorp $WAL 62.78 -8.78 (-12.27%) feeling it https://t.co/fyWKJymn6b— Traders Community (@TradersCom) March 9, 2023
SVB Financial Group Gapping down 1/3 overnight:$SIVB 187.50, -80.33, -30.0% After announced proposed offering of $1.25 billion of its common stock and $500 million of depositary shares Updatehttps://t.co/5ccKxsaTL8 pic.twitter.com/ciLmokLnR3
— Traders Community (@TradersCom) March 9, 2023
DocuSign (DOCU) beats by $0.13, beats on revs, beats on billings; guides Q1 revs in-line; guides FY24 revs above consensus; CFO will step down in the coming months… DOCU down 5.8%
Gap (GPS) misses by $0.29, misses on revs, comps -5%; guides Q1 revs below consensus; guides FY24 revs below consensus; anounces actions to optimize operating structure; CEO of Athleta is exiting the business… GPS down 7.4%
Oracle (ORCL) beats by $0.02, reports revs in-line, increases quarterly dividend by 25% to $0.40/share; company expected to issue guidance during earnings call at 5:00 p.m… ORCL down 2.5%
Ulta Beauty (ULTA) beats by $1.08, beats on revs, comps of +15.6%; guides FY24 EPS above consensus, revs above consensus, comps of +4-5%… ULTA down 2.1%
Vail Resorts (MTN) reports Q2 (Jan) results, beats on revs; lowers FY23 guidance due to significant weather disruptions at its Eastern U.S. resorts; increase quarterly dividend 8% to $2.06/share; raises authorization for share repurchases by 2.5 mln shares… MTN down 3.6%
Zumiez (ZUMZ) beats by $0.10, beats on revs; guides Q1 EPS below estimate, revs below estimate… ZUMZ down 10.7%
Going as one would expect: Silicon Valley Bank $SIVB after failing to raise capital, which caused yesterday’s destruction .. has hired advisors to seek a sale.
$SVB 39.49 -66.55 (-62.76%) Pre-Market (after falling -161.79 (-60.41%) yesterday
Going as one would expect: Silicon Valley Bank $SIVB after failing to raise capital, which caused yesterday's destruction .. has hired advisors to seek a sale.$SVB 39.49 -66.55 (-62.76%) Pre-Market (after falling
-161.79 (-60.41%) yesterday Updatehttps://t.co/5ccKxsaTL8 pic.twitter.com/kQHbBRx6Ok— Traders Community (@TradersCom) March 10, 2023
PPPPPLLLLLUUUUNNNNGGGGGGGGGGGEEEEEEEE
Holy FDIC FRIDAY — RUN in Silicon Valley Bank ($2B) which could be one of largest to FAIL recently.
It is 18th largest in USA & key TECH firms located there – but RISING INTEREST RATES did them in
Is this the canary in the coal mine for a WALL STREET crash ahead?Hard SELL WAVES on WALL STREET are starting to pick up
SVB + strong 311,000 jobs added for mother of all reports
MINUS 300 & falling like a ROCK … we could end up 1,000 points down even
but maybe some buying on dip kicks in during final hour
this cautious investor is keeping his POWDER DRY for time being
https://www.fdic.gov/news/press-releases/2023/pr23016.htmlDow 31,909.64 -345.22 -1.07%
S&P 500 3,861.59 -56.73 -1.45%
Nasdaq 11,138.89 -199.47 -1.76%
VIX 24.80 2.19 9.69%
Gold 1,871.50 36.90 2.01%
Oil 76.63 0.91 1.20%Japan’s Nikkei: -1.7% (+0.8% for the week)
Hong Kong’s Hang Seng: -3.0% (-6.1% for the week)
China’s Shanghai Composite: -1.4% (-3.0% for the week)
India’s Sensex: -1.1% (-1.1% for the week)
South Korea’s Kospi: -1.0% (-1.5% for the week)
Australia’s ASX All Ordinaries: -2.2% (-1.8% for the week)China’s President Xi received unanimous support for a third term.
The Bank of Japan made no changes to its policy stance in Governor Kuroda’s final policy meeting.
Meanwhile, the appointment of Kazuo Ueda was confirmed by Japan’s government. South Korea reported a record current account deficit for January.China’s February New Loans CNY1.81 trln (expected CNY1.50 trln; last CNY4.90 trln) and February total social financing CNY3.16 trln (expected CNY2.20 trln; last CNY5.98 trln)
Japan’s February PPI -0.4% m/m (expected -0.3%; last 0.7%); 8.2% yr/yr (expected 8.4%; last 9.5%). January Household Spending 2.7% m/m (expected 1.4%; last -2.1%); -0.3% yr/yr (expected -0.1%; last -1.3%)
South Korea’s January Current Account deficit $4.52 bln (last surplus of $2.68 bln)
New Zealand’s February Business PMI 52.0 (last 50.8). Q4 Manufacturing Sales Volume -4.7% qtr/qtr (last 3.1%)STOXX Europe 600: -1.1% (-2.0% week-to-date)
Germany’s DAX: -1.0% (-0.7% week-to-date)
U.K.’s FTSE 100: -1.4% (-2.2% week-to-date)
France’s CAC 40: -1.5% (-1.9% week-to-date)
Italy’s FTSE MIB: -1.6% (-2.0% week-to-date)
Spain’s IBEX 35: -1.5% (-1.9% week-to-date)Bank stocks are under pressure amid concerns about fallout from the collapse of SVB Financial.
Norway’s stats office raised its domestic 2023 growth forecast to 1.3% from 1.2% and raised the inflation forecast to 5.4% from 4.4%.
Junior doctors in the U.K. are planning a 72-hour strike for next week.
Sweden and Finland will meet with Turkish officials in search of support for NATO accession.Germany’s February CPI 0.8% m/m, as expected (last 1.0%); 8.7% yr/yr, as expected (last 8.7%)
U.K.’s January GDP 0.3% m/m (expected 0.1%; last -0.5%). January Industrial Production -0.3% m/m (expected -0.1%; last 0.3%); -4.3% yr/yr (expected -4.0%; last -4.0%). January Manufacturing Production -0.4% m/m (expected -0.1%; last 0.0%); -5.2% yr/yr (expected -5.0%; last -5.7%). January Construction Output -1.7% m/m (expected -0.1%; last -0.5%); 0.6% yr/yr (expected 2.4%; last 3.7%). January trade deficit GBP17.86 bln (expected deficit of GBP17.75 bln; last deficit of GBP19.27 bln)
France’s January trade deficit EUR12.90 bln (last deficit of EUR14.70 bln)
Italy’s January PPI -7.5% m/m (last 2.9%); 11.1% yr/yr (last 31.7%)
Spain’s January Retail Sales 5.5% yr/yr (last 4.8%)
- You must be logged in to reply to this topic.