To The Moon

On Wed, 11 Oct 2023 — US market continued its “green” march as investors: Follow up on US 10 years Treasury Yields Digest the Producer Price index (PPI) report. Poured over the central banks’ Sep 19-20, 2023 — minutes of meeting. Prepares to continue to assess the hotter-than-expected inflation data on Thu, 12 Oct 2023 when it is out. By the time market called it a day: DJIA: +0.19% (+65.57 to 33,804.81). S&P 500: +0.42% (+18.71 to 4,376.95). Nasdaq: +0.71% (+96.83 to 13,659.68). Best of the 3 indexes, still way off the 15,000 mark. Treasury yields continued to retreat (yesterday) from 16-year highs hit during the bond sell-off after Israel stepped up its bombardment of Gaza. On Wed, 11 Oct 2023, the benchmark 10-year yield traded below 4.6% (see above), compared with last week's peak

$JPMorgan Chase(JPM)$ , $Citigroup(C)$ , $BlackRock(BLK)$ , and $Wells Fargo(WFC)$ will kick off the financial sector’s reporting season on October 13, followed by $Bank of America(BAC)$ and $Goldman Sachs(GS)$ on October 17, and $Morgan Stanley(MS)$ on October 18.Financials performance by sector: Insurance industry is the standoutThe Financials sector is expected to see a 8.7% year-over-year earnings growth rate, ranking fourth among all sectors.The Insurance industry is the standout performer with a 64%

U.S. stocks traded in a volatile session on Wednesday, with all major indexes rising at the open before retreating ahead of the release of the Federal Reserve minutes, then paring losses and continuing to move higher late in the day. Interest rates on 10-year U.S. Treasuries fell to their lowest in about two weeks as risk aversion continued to rage in the Middle East following Hamas' deadly attack on Israel over the weekend.Minutes from the Fed's September meeting showed that most Fed policymakers agreed that another rate hike would be appropriate and stressed the need to keep rates higher for longer as inflation continues to run well above the central bank's 2 percent target."A number of participants commented that, with the policy rate likely to be at or near its peak, the focus of monet

Tactical allocation seems to be the name of the game in this bear market. Here are four overvalued s

Occidental shares rose slightly in premarket trading as Berkshire Hathaway bought 9.6 mln more Occidental shares, raised stake to over 16%.Warren Buffett's Berkshire Hathaway Inc bought another 9.6 million shares of Occidental Petroleum Corp, boosting its stake to 16.3% as the oil company's shares come off the year's high.The purchases were made over the past week and cost about $529 million, Berkshire said in a regulatory filing on Wednesday. These come on top of a $336 million share purchase by Berkshire last month in the oil company, and $7 billion in purchases earlier this year.Following the purchases, Berkshire now owns about 152.7 million Occidental shares worth about $8.52 billion based on Occidental stock's Wednesday close, which is down over 21% since it touched its

Shares of major U.S.-listed Chinese companies traded mixed in Hong Kong on Wednesday, with tech gian

US equity futures pointed higher on Tuesday as investor sentiment stabilized. Treasuries retreated a

Investors can also hedge against a dipping Nasdaq through bearish options as well

The Russian invasion of Ukraine is about to reshape Europe’s energy markets forever.The geopolitical