Seeking Alpha’s Calls Of The Week
NewLake Capital (OTCQX:NLCP) Selloff Triggers Double-Digit Return Potential.
Extreme Pessimism Reflected In RLJ Lodging Trust’s (RLJ) Shares – Time to Buy.
This ETF (VOOG) Is Likely To End The Year Significantly Higher, Buy The Dip.
Bullish On Kraft Heinz (KHC): High Dividend Opportunity Here, Not A Value Trap.
Sprout Social (SPT): Near-Term Bottom Approaching, Valuation Quite Appealing.
Bristol-Myers Squibb’s (BMY) Rally Is Well Deserved, But Warrants A Downgrade.
Double Downgrade For Meta (META) – I’ll Need A 35% Drop To Get Interested.
Perilous Road Ahead: Chasing Intel’s (INTC) Recent Spike May Be A Big Mistake.
Downgrading Lennar (LEN) As Various Indicators Point To Poor Earnings Outlook.
PIMCO High Income Fund (PHK): Despite NAV Improvement, Dividend Cut Is Likely.
Weekly Movement
U.S. Indices
Dow -1% to 41,584. S&P 500 -1.5% to 5,581. Nasdaq -2.6% to 17,323. Russell 2000 -1.7% to 2,022. CBOE Volatility Index +12.3% to 21.65.
S&P 500 Sectors
Consumer Staples +1.7%. Utilities -0.2%. Financials -0.2%. Telecom -3.2%. Healthcare -1%. Industrials -1.3%. Information Technology -3.7%. Materials -0.3%. Energy +0.8%. Consumer Discretionary +0.1%. Real Estate +1.3%.
World Indices
London +0.1% to 8,659. France -1.6% to 7,916. Germany -1.9% to 22,462. Japan -1.5% to 37,120. China -0.4% to 3,351. Hong Kong -1.1% to 23,427. India +0.7% to 77,415.
Commodities and Bonds
Crude Oil WTI +1.6% to $69.36/bbl. Gold +2.6% to $3,126.8/oz. Natural Gas +4% to 4.185. Ten-Year Bond Yield -0.2 bps to 4.251.
Forex and Cryptos
EUR/USD +0.12%. USD/JPY +0.33%. GBP/USD +0.15%. Bitcoin +0.3%. Litecoin -4.9%. Ethereum -4.7%. XRP -9.2%.
Top S&P 500 Gainers
W. R. Berkley (WRB) +13%. Dollar Tree (DLTR) +9%. Universal Health Services (UHS) +7%. CarMax (KMX) +7%. Cintas (CTAS) +6%.
Top S&P 500 Losers
Super Micro Computer (SMCI) -19%. Broadcom (AVGO) -12%. GE Vernova (GEV) -9%. Lululemon Athletica (LULU) -9%. Las Vegas Sands (LVS) -9%.
Where will the markets be headed next week? Current trends and ideas? Add your thoughts to the comments section.