10/29/2024 | Press release | Distributed by Public on 10/29/2024 06:45
Overnight Summary: The S&P 500 closed Monday higher by +0.27% at 5823.52 from Friday lower by -0.03% at 5808.12. The overnight high was hit at 5869.50 at 4:50 a.m. EDT and the low was hit at 5850.25 at 11:55 p.m. EDT on Friday. The overnight range is 20 points. The current price is 5857.25 at 7:25 a.m. EDT lower by -4.25 points lower by -0.07%.
Executive Summary: Earnings are coming at us faster than water out of a fire hydrant this week.
Article of Note:
Key Events of Note Today:
Earnings Out After The Close
Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources.
Biggest Movers Up & Down After The Close:
News After The Close:
Buybacks or Repurchases:
Exchange/Listing/Company Reorg and Personnel News:
Dividends Announcements or News:
What’s Happening This Morning: Futures S&P 500 -2 NASDAQ +17 Dow Jones -98 Russell 2000 +5 (at 8:2Tech5 a.m. EDT). Asia is higher while Europe is higher. VIX Futures are at 18.22 from 18.37 yesterday while Bonds are at 4.304% from 4.258% on the 10-Year. Crude Oil and Brent are higher with Natural Gas lower. Gold, Silver and Copper are higher for the first time in three days. The U.S. Dollar is higher versus the Euro, lower versus the Pound and higher against the Yen. Bitcoin is at $71,408 from $68,554 higher by +1774 at +2.55% this morning.
Upcoming Earnings Of Note: (From Chartroom Software – sorted by market cap, highest to lowest with most visible names)
Earnings of Note This Morning:
Company Earnings Guidance:
Advance/Decline Daily Update: The A/D Line has moved above recent lows.
Gap Ups & Down In Early Pre-Market (+2% or down more than -2%):
Insider Action: AESI sees Insider buying with dumb short selling. None of note see Insider buying with smart short sellers.
Rags & Mags: Repeated stories from prior days never listed, i.e. “rehashed news”. Sorted by Global, U.S. and stock specific.
Economic:
Geopolitical:
M&A Activity and News:
Moving Averages On Major Equity Indexes: Moves from 57% positive to 80%.
Meeting & Conferences of Note:
Top Tier Sell-side Upgrades & Downgrades:
The recommendations listed below in this “Upgrade/Downgrade” section are compiled from what we believe are Tier I, II and III firms. Recommendations posted are taken from a variety of sources each day and we only post upgrades or significant initiations as well as downgrades to underweight or sell. The purpose of this posting is to make the reader aware of market-moving recommendations. None of these recommendations should be interpreted as actual recommendations from CAPIS or its employees.
Upgrades: FSLR KOF
Downgrades:TTD CE