10/28/2024 | Press release | Distributed by Public on 10/28/2024 06:41
Overnight Summary: The S&P 500 closed Friday lower by -0.03% at 5808.12 from Thursday higher by 0.21% at 5809.86. The overnight high was hit at 5884.50 at 6:00 a.m. EDT and the low was hit at 5839.75 at 4:35 p.m. EDT on Friday. The overnight range is 45 points. The current price is 5874.50 at 7:15 a.m. EDT higher by +28.50 points higher by +0.49%.
Executive Summary: Stocks are higher as Israel did not attack Iran’s oil fields and the price of oil is lower by 6% this morning. Many think that this attack ends Israel’s attacks on Iran.
Article of Note:“Israel’s Opening Strike Against Iran” by The Editorial Board (WSJ)
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 Last Week:
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 + NASDAQ + Dow Jones + Russell 2000 + (at 8:15 a.m. EDT). Asia is higher while Europe is lower ex France. VIX Futures are at 18.37 unchanged from Friday while Bonds are at 4.258% from 4.198% on the 10-Year. Crude Oil and Brent are lower with Natural Gas lower. Gold, Silver and Copper are lower for a second morning in a row. The U.S. Dollar is lower versus the Euro, lower versus the Pound and higher against the Yen. Bitcoin is at $68,554 from $67.925 higher by +890 at 1.32% 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 weakened last week.
Gap Ups & Down In Early Pre-Market (+2% or down more than -2%):
Insider Action: SNDA and FBK see Insider buying with dumb short selling.TTSH sees 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 50% positive to 57%.
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: FHI ALK
Downgrades: