To The Moon

During the Q3 earnings season, many S&P 500 companies mentioned the potential impact of the upcoming U.S. election on their business operations. Between September 15 and October 31, 116 out of 324 companies (36%) referred to the term “election” in their earnings calls. This number is higher compared to the 102 companies that mentioned the election during the same period in 2020.The Industrials and Financials sectors led in election-related mentions, with 30 and 27 companies, respectively. The highest percentages were found in the Industrials (48%), Consumer Discretionary (46%), and Financials (45%) sectors. Notably, 38 companies reported economic or business slowdowns linked to election uncertainty, but many anticipate conditions will improve post-election.Only a few companies referred

70% of S&P 500 companies have reported Q3 results. 103 S&P 500 companies are set to report Q3 results this week.75% exceeded EPS estimates, slightly below the 5-year average (77%) but matching the 10-year average. Earnings were reported 4.6% above estimates, below the 5-year (8.5%) and 10-year (6.8%) averages. The blended earnings growth rate rose to 5.1% (from 3.6% last week and 4.3% at Q3 end). This marks the fifth consecutive quarter of earnings growth.01-s&p-500-earnings-above-inline-below-estimates-q3-202460% of companies beat revenue estimates (below the 5-year average of 69% and 10-year average of 64%). Revenue was reported 1.1% above estimates. The blended revenue growth rate for Q3 is 5.2%, up from 4.9% last week. 02-s&P-500-revenues-above-inline-below-estimates-q3

Markets have thin patience after years of uninvestability. Authorities need to get their messaging under discipline.China Stimulus: Whatever It Takes Has to Be More Than This - BloombergGoldman Sachs:Large stimulus likely needs multi-department cooperation and fiscal funding.Watching for policy updates from upcoming meetings.Expecting approval of 1-2 trillion yuan in special long-term bonds by year-end.Hong Kong market active but with selling bias; hedge funds selling financials, communications, and IT.Long-only investors buying financials, real estate, materials, and healthcare.Hong Kong $HSI(HSI)$ sees most outflows, while A-shares $SSE Comp(000001.SH)$ attract most inflows.Post-Golden Week:Offshore

The US Federal Reserve (US Fed) has cut the target range for the federal funds rate by 50 basis points (bps), from 5.25 - 5.5% earlier to 4.75 - 5.00% on Wednesday, the first time since 2020. The cut comes amid concerns regarding the job market in the US, and ahead of the US presidential elections in November 2024.Policymakers, according to reports, expect the Fed's benchmark to fall another half of a percentage point by 2024-end, and another one per cent in 2025.After this move, analysts expect the US central bank to now go slow on its rate cutting trajectory, remain data dependent, and also watch the outcome of the US presidential polls on November 5.U.S. futures jumped on Thursday. Dow Futures rose nearly 1%, Nasdaq 100 futures rose nearly 2%, S&P 500 futures rose more than 1%.The l

Happy Birthday to Warren Buffett!Warren Buffett’s $Berkshire Hathaway(BRK.A)$ reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. $Berkshire Hathaway(BRK.B)$It’s Warren Buffett’s Birthday. https://finimize.com/50 years ago the best Investors were the ones with informational edge. Today the best Investors are the ones with behavioral edge.His wisdom has been a guiding light for investors around the world.Please express your birthday greetings to Buffet and select your favorite quote from the below investing quotes edited by Compounding Quality.To gain a deeper understanding of Warren Buffett’s investment strategy and philos

Legendary investor Peter Lynch defined six stock categories you must know:Peter Lynch on Making Money in the U.S. Stock Market | MOI ...The Fast GrowersThe Stalwarts.The Slow Growers.The Turnarounds.The Cyclicals.The Asset Plays.6 Stock Types Crucial For Your PortfolioAmong them, Fast-Growth, Turnaround, and Asset-Play are the types most likely to produce stocks that double in value. Of course, the same company's stock may belong to different types at different times.Fast-Growth Company Stocks Fast-growth companies are those that are small in scale, newly established, highly growth-oriented, with an average annual growth rate of 20% to 30%. However, when the growth rate slows down, fast-growth companies are in danger. Therefore, it is necessary to look for fast-growing companies with good

In recent years, a lot of the worry about the U.S. economy has come down to "bad vibes." If you look at the hard data, we've been doing just fine. But if you ask most folks, they feel like things have been terrible.This so-called "vibecession" has shown up in sentiment data. The University of Michigan Consumer Sentiment Index crashed in 2022. And it has been low ever since.The same was true for small-business sentiment... until recently.That's according to the National Federation of Independent Business ("NFIB"). The NFIB is an industry group that surveys its members monthly to get their opinions on the economy. It then builds the responses into the NFIB Small Business Optimism Index.Given the latest economic fears, we'd expect this index to be falling. But it's not... Instead, it's hittin

Last 10 years, $S&P 500(.SPX)$ up 8 days in a row 4 times, very rare. Each time it took a breather the very next day, with average loss of 0.47%. Not the end of the world, having said that, $S&P 500(.SPX)$ McClellan Oscillator just under the Savvy Overbought level. So we'll see?@SethCL @MarketChartsRally triggering Overbought/Overextended conditions. Bullish confirmation % age of stocks above 20-DMA (fast moving avg.) is above 80, key threshold. Usually don't stay up here too long. Tactical froth in the works. Other indices not as frothy.@SethCL @MarketChartsBullish price action anticipated until mid-Sept. Final 2 weeks of Sept. are WORST weekly returns of calendar year since 1957 (~GS) Why is thi

Last week hedge funds bought utilities, real estate, and energy stocks and sold industrials, consumer discretionary, technology, financial and materials stocks.Chart: Goldman SachsThe BofA Global Fund Manager Survey saw big positioning into bonds and out of equities last month.ImageIs it time to shift your assets? What’s your plan?$DIA $SPY $IWM $QQQ $TLT $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ $SPDR S&P 500 ETF Trust(SPY)$ $iShares Russell 2000 ETF(IWM)$ $Invesco QQQ(QQQ)$ $iShares 20+ Year Treasury Bond ETF(TLT)$Below are highlights of some key points from last week,

Scott Rubner, a global markets managing director at Goldman Sachs specializing in capital flows, noted that over the past month, systematic funds, which buy stocks based on market signals and volatility rather than company fundamentals, have massively sold off US stocks, hitting a four-year high in dollar terms.But now, the market has calmed down. Goldman Sachs pointed out that the VIX, known as the "fear index", is trading around 15, and economic data shows that the Federal Reserve may be close to achieving a soft landing, and systematic funds are expected to buy U.S. stocks again.Barclays strategists also wrote in a report to clients on Monday: "If the market stabilizes and the data gets better, funds may increase buying pressure more significantly."Take volatility control funds, whose p