Between the Hedges
1,097 FOLLOWERS
Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Between the Hedges
4h ago
X:
@BGatesIsaPsycho
“Today more than 52 Countries across the World are using Weather Modification Programmes”. Wow - just another Conspiracy becoming Conspiracy Fact - but you knew this already. The scale of the Weather Modification is incomprehensible to most however. (video)
@kylenabecker
BREAKING. House Oversight committee votes for citizenship question to be added to the census. The Equal Representation Act passed on straight party line vote 22-20. Every Democratic Congressman *OPPOSED* — because the party stands to lose control of House districts due to the unconstitutional repre ..read more
Between the Hedges
1d ago
S&P 500 5,132.7 +.6%
Weekly Market Wrap by Edward Jones.
Indices
DJIA 38,670.5 +1.2%
NASDAQ 16,159.4 +1.6%
Russell 2000 2,034.0 +1.8%
NYSE FANG+ 10,046.0 +1.8%
Goldman 50 Most Shorted 165.4 +7.9%
Wilshire 5000 51,036.4 +.73%
Russell 1000 Growth 3,339.5 +1.2%
Russell 1000 Value 1,703.1 +.02%
S&P 500 Consumer Staples 810.3 +.4%
Bloomberg Cyclicals/Defensives Pair Index 141.5 -1.3%
NYSE Technology 4,682.2 +1.3%
Transports 15,364.5 +1.3%
Utilities 911.6 +3.1%
Bloombe ..read more
Between the Hedges
1d ago
Economic Gauges:
S&P 500 Current Quarter EPS Growth Rate YoY(400 of 500 reporting) +4.3% -.4 percentage point
S&P 500 Blended Forward 12 Months Mean EPS Estimate 255.09 +.51: Growth Rate +14.4% +.3 percentage point, P/E 20.1 +.3
S&P 500 Current Year Estimated Profit Margin 12.92% +3.0 basis points
NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +37.2% -20.0 percentage points
NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 324.58 +2.7: Growth Rate +35.1% +1.1 percentage points, P/E 30.9 +.6
Bloomberg US Financial Conditions Index .94 -8.0 basis point ..read more
Between the Hedges
2d ago
Earnings of Note
Company/Estimate
Before the Open:
(AMG)/5.23
(AMR)/10.82
(BNTX)/-1.02
(JLL)/.86
(SAVE)/-1.45
(THS)/-.01
(TSN)/.39
After the Close:
(AXON)/.95
(FN)/2.11
(GT)/-.01
(MCHP)/.57
(PLYA)/.33
(SPG)/2.81
(SYM)/.02
(VNO)/.58
(WMB)/.49
(DDD)/-.08
(EVBG)/.39
Economic Releases
2:00 pm EST
Senior Loan Officer Opinion Survey on Bank Lending Practices.
Upcoming Splits
None of note
Other Potential Market Movers
The Fed's Barkin speaking, Fed's Williams speaking, Canaccord Metals/Mining Conference, Oppenheimer Industrial Growth Conference, (DHR) annual meeti ..read more
Between the Hedges
2d ago
NYSE Composite Index:
Volume Running +14.3% Above 100-Day Average
Nasdaq/NYSE Volume Ratio 8.5 -1.0
4 Sectors Declining, 7 Sectors Rising
68.5% of Issues Advancing, 29.2% Declining
TRIN/Arms 1.86 +66.1%
Non-Block Money Flow +$121.9M
100 New 52-Week Highs, 9 New Lows
58.6% (+3.9%) of Issues Above 200-day Moving Average
Average 14-Day RSI 49.0 +3.0
Other:
Bloomberg Global Risk-On/Risk-Off Index 67.0 +.7%
Bloomberg Cyclicals/Defensives Pair Index 141.7 +.5%
Russell 1000: Growth/Value 19,130.2 +1.1%
CNN Fear & Greed Index 39.0 (Fear) +3
1-Day Vix 11.5 -37.2%
Vix 13.9 -5.0%
Tota ..read more
Between the Hedges
2d ago
Night Trading
Asian equity indices are -.25% to +.5% on average.
Asia Ex-Japan Investment Grade CDS Index 107.75 -.5 basis point.
China Sovereign CDS 66.25 -1.0 basis point.
China Iron Ore Spot 116.8 USD/Metric Tonne -.7%.
Bloomberg Emerging Markets Currency Index 39.5 +.1%.
Bloomberg Global Risk-On/Risk Off Index 66.5 -.03%.
Volatility Index(VIX) futures 15.5 -.9%.
Euro Stoxx 50 futures n/a.
S&P 500 futures +.27%.
NASDAQ 100 futures +.54%.
Morning Preview Links
BOTTOM LINE: Asian indices are mostly higher, boosted by industrial and technology shares in the regi ..read more
Between the Hedges
2d ago
Broad Equity Market Tone:
Advance/Decline Line: Substantially Higher
Sector Performance: Almost Every Sector Rising
Volume: Above Average
Market Leading Stocks: Outperforming
Equity Investor Angst:
Volatility(VIX) 14.8 -3.8%
DJIA Intraday % Swing .67 +38.5%
Bloomberg Global Risk On/Risk Off Index 65.4 -.95%
Euro/Yen Carry Return Index 178.9 -.9%
Emerging Markets Currency Volatility(VXY) 7.07 +.43%
CBOE S&P 500 Implied Correlation Index 18.8 -4.5%
ISE Sentiment Index 140.0 +17.0
Total Put/Call .98 -7.6%
NYSE Arms .98 -15.5%
NYSE Non-Block Money Flow +$284.2M  ..read more
Between the Hedges
2d ago
Style Outperformer:
Small-Cap Value +1.8%
Sector Outperformers:
1) Education +4.1% 2) Social Media +3.8% 3) Alt Energy +3.0%
Stocks Rising on Unusual Volume:
ASPN, CVNA, PRDO, CAR, CHRW, BILI, BHE, W, HWM, FORM, BPMC, TROX, PARA, LNTH, SFM, FUTU, QTWO, APTV, MRNA, BEKE, JD, PDD, BV, LI, ALKT, EXPI, UTZ, IAC, KTB, TTMI, QCOM, FTDR, MPWR, TRI, SEE, GFL, ITRI, DLX, ING, K, BIDU, BABA, NET, UPWK, WCC, EVER, MAX, QNST, CHEF, EL, PJT, HEES, KLIC, MT, ATHM, CRBG, APO, REGN, XYL, LBTYK, CORT, TGTX, MGM, UMBF and NGVT
Stocks With Unusual Call Option Activity:
1) ASPN 2) HES 3) ENVX 4) GSK 5) P ..read more
Between the Hedges
2d ago
Earnings of Note
Company/Estimate
Before the Open:
(AXL)/.02
(CBOE)/2.05
(CBRE)/.69
(FLR)/.54
(HSY)/2.76
(PAA)/.38
(XPO)/.67
After the Close:
None of note
Economic Releases
8:30 am EST
The Change in Non-Farm Payrolls for April is estimated to fall to 240K versus 303K in March.
The Unemployment Rate for April is estimated to rise +3.8% versus a +3.8% gain in March.
Average Hourly Earnings MoM for April is estimated to rise +.3% versus a +.3% gain in March.
10:00 am EST
The ISM Services Index for April is estimated to rise to 52.0 versus 51.4 in March.
ISM Services P ..read more
Between the Hedges
3d ago
Broad Equity Market Tone:
Advance/Decline Line: Higher
Sector Performance: Mixed
Volume: Around Average
Market Leading Stocks: Outperforming
Equity Investor Angst:
Volatility(VIX) 15.6-.19%
DJIA Intraday % Swing .48 -52.4%
Bloomberg Global Risk On/Risk Off Index 63.3 -6.4%
Euro/Yen Carry Return Index 183.4 unch.
Emerging Markets Currency Volatility(VXY) 7.07 +.43%
CBOE S&P 500 Implied Correlation Index 19.7 +9.1%
ISE Sentiment Index 138.0 +24.0
Total Put/Call .98 +4.3%
NYSE Arms .92 -43.6%
NYSE Non-Block Money Flow -$107.7M
Credit Investor Angst:
North A ..read more