Traders Market Weekly: Hello 2024, Unexpected Opportunity on The Menu

Viewing 15 posts - 31 through 45 (of 94 total)
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  • #69693
    Truman
    Participant

    Germany
    December Unemployment Change 5,000 (expected 20,000; last 21,000) and December Unemployment Rate 5.9%, as expected (last 5.8%)

    #69694
    Truman
    Participant

    Spain
    December Unemployment Change -27,400 (expected -15,700; last -24,600)

    Swiss
    December procure.ch PMI 43.0, as expected (last 42.1)

    #69695
    Truman
    Participant

    S&P 500 futures are down 16 points and are trading 0.3% below fair value,
    Nasdaq 100 futures are down 85 points and are trading 0.5% below fair value
    Dow Jones Industrial Average futures are down 113 points and are trading 0.3% below fair value.

    #69696
    Truman
    Participant

    The weekly MBA Mortgage Applications Index dropped 9.4% in the week ending December 29.

    US MBA mortgage applications w.e. 29 December -10.7% vs -1.5% prior

    Market index 173.5 vs 191.6 prior
    Purchase index 140.7 vs 148.7 prior
    Refinance index 358.2 vs 437.6 prior

    Other data out today include:

    10:00 ET: December ISM Manufacturing Index (consensus 47.1%; prior 46.7%) and November job openings (prior 8.733 mln)
    14:00 ET: December FOMC Minutes

    • This reply was modified 3 months, 1 week ago by Truman.
    #69698
    Truman
    Participant

    Pure Storage (PSTG 36.77, +1.95, +5.6%): will replace Patterson Companies (PDCO) in the S&P MidCap 400, effective prior to the opening of trading on Friday, January 5.

    #69699
    Truman
    Participant

    Dutch Bros (BROS 31.16, +0.10, +0.3%): appointed Christine Barone as CEO on January 1; served as President since February 2023

    #69700
    Truman
    Participant

    NIO (NIO 8.17, -0.25, -3.0%): announces repurchase right notification for 0.00% convertible Senior Notes due 2026

    #69701
    Truman
    Participant

    SentinelOne (S 25.00, -0.87, -3.4%): announced that it has agreed to acquire PingSafe

    #69702
    Truman
    Participant

    Johnson & Johnson (JNJ 160.02, +0.05, +0.03%): Elektrofi and Janssen Biotech (JNJ) enter worldwide collaboration and license agreement to exclusively develop up to five programs utilizing elektrofi’s formulation technology

    #69703
    Truman
    Participant

    Walt Disney (DIS 91.05, +0.34, +0.4%): and ValueAct Capital enter into information-sharing arrangement to facilitate strategic consultation during company’s transformation; Blackwells Capital has nominated three highly qualified candidates – Jessica Schell, Craig Hatkoff and Leah Solivan – for election to the board of directors of Disney at the Company’s 2024 annual meeting of shareholders

    #69704
    Truman
    Participant

    Pure Storage up 5% after index add
    Will replace Patterson Companies $PDCO in the S&P MidCap 400, effective prior to the opening of trading on Friday, January 5.
    $PSTG 36.77, +1.95, +5.6%
    PDCO will replace Chico’s FAS in S&P SmallCap 600 as $CHS being acquired by Sycamore Partners

    #69708

    DOW 37,431.61 -283.43 -0.75%
    S&P 500 4,704.58 -38.25 -0.81%
    Nasdaq 14,592.21 -173.73 -1.18%
    VIX 13.87 0.67 5.08%
    Gold 2,049.60 -23.80 -1.15%
    Oil 73.09 2.71 3.85%

    #69720
    Truman
    Participant

    Equity indices in the Asia-Pacific region ended Thursday on a mixed note.

    Japan’s Nikkei: -0.5%,
    Hong Kong’s Hang Seng: UNCH,
    China’s Shanghai Composite: -0.4%,
    India’s Sensex: +0.7%,
    South Korea’s Kospi: -0.8%,
    Australia’s ASX All Ordinaries: -0.3%.

    Japan’s Nikkei (-0.5%) began the day with a loss of more than 2.0% after being closed for three days, but recovered the bulk of that loss as the day went on.

    #69721
    Truman
    Participant

    China
    December Caixin Services PMI 52.9 (expected 51.6; last 51.5)
    China’s Caixin Services PMI pointed to the strongest growth since July.
    Air passenger traffic in China in 2023 was up 146% yr/yr.

    #69722
    Truman
    Participant

    Japan
    final December Manufacturing PMI 47.9 (expected 47.7; last 48.3)
    There was some speculation that the recent earthquake in Japan could delay expected tightening by the Bank of Japan since both Prime Minister Kishida and BoJ Governor Ueda mentioned the natural disaster in their remarks.

Viewing 15 posts - 31 through 45 (of 94 total)
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