The Same Time In 2021 S&P 500 And Nasdaq Amounted To Ca. 25% And 32% More Respectively

The Same Time In 2021 S&P 500 And Nasdaq Amounted To Ca. 25% And 32% More Respectively

ING Economics ING Economics 03.10.2022 09:18
A relatively quiet start to the week with much of Asia on holiday. The market focus will be on the US jobs numbers on Friday  Source: shutterstock Macro outlook Global markets: US stock markets continued their decline on Friday, taking the S&P below its June lows, and opening up a lot of space on the downside. 1.51% declines on the day from both S&P500 and NASDAQ leave them down 24.77% and 32.4% year-to-date respectively. Equity futures are providing no clear direction today, with those for the S&P500 indicating very small gains and those for the NASDAQ indicating very small losses. US Treasury yields are still rising, 2Y yields rose 8.6bp to 4.279%, while 10Y Treasury yields rose a more modest 4.3bp taking them to 3.829%. The noises from the Fed were a bit more mixed on Friday, with both Lael Brainard and Mary Daly noting that there were risks from tightening too much, though the story from others, Loretta Mester, and Thomas Barkin, remained pretty aggressive even as Barkin noted that inflation would probably come down in the next couple of months. In contrast, European bond yields, including UK Gilts fell, with Italian 10Y bond yields down 14bp. EURUSD didn’t have too bad a day considering the equity and bond backdrop. At 0.9798, it is roughly where it was this time Friday, though has been quite turbulent in the meantime. A steady EUR didn’t help the AUD much, which has fallen back to 0.6423. Sterling, on the other hand, has found some support from somewhere, and Cable is riding at about 1.1137, a far cry from last week’s 1.035 low, while the JPY looks under pressure again and may be looking at another assault on 145 today. Asian currencies have had a mixed session ahead of long holidays in China and elsewhere. The Offshore Renminbi crept back up to 7.14 on Friday after getting as low as 7.0729 intraday, and is now just below the 7.14 level. Otherwise, Asian FX was mostly bid last Friday, with the THB, INR, PHP and KRW all gaining more than 0.5%. on the day. The outlook for Asian FX today is far less obvious, and given the holidays, trading is likely to be thin. G-7 Macro: The key data released last Friday was Europe’s CPI inflation print, which hit 10%YoY in September, (9.5% for the harmonized index), with core inflation also rising. US PCE inflation data also came out higher than had been expected. The headline PCE inflation rate for August declined to 6.2% from 6.4% (6.0% had been expected) and core PCE inflation rose to 4.9% against expectations for a steady 4.7% reading. All of this shows that the ECB and Fed still have a lot of work to do to get inflation under control. Today, and reminding us that this is a payrolls week in the US, we start off with the Manufacturing ISM index. The prices paid and employment indices will be scrutinized for any signs that the economy is cooling. The consensus expectation is for modest declines in the headline and these other sub-indices. Japan: The 3Q22 Tankan survey was a little weaker than had been forecast. The headline index for large manufacturing firms came down one point to 8 (a rise to  10 had been expected), but there was better news for large non-manufacturing firms, where the index rose to 14 from 13 (no change forecast). The picture for small firms mirrored that for their larger peers, with a softer outcome for manufacturing firms than expected and a slightly better outcome for non-manufacturing firms. Capital spending intentions were one bright spot in the data. Indonesia: September inflation is reported today.  We expect inflation to move past 6% YoY after subsidized fuel prices were adjusted higher.  Core inflation is likewise expected to accelerate to 3.5% YoY, driven by rising food costs.  Rising inflation will likely convince Bank Indonesia (BI) to stay hawkish with more rate hikes likely at the 20 October meeting.    What to look out for: Regional PMI readings Japan Tankan survey (3 October) Regional PMI manufacturing indices (3 October) Indonesia CPI inflation (3 October) US ISM manufacturing (3 October) Fed officials Williams and Bostic speaking events (3 October) Japan Tokyo CPI inflation (4 October) Australia RBA meeting (4 October) US factory orders and durable goods orders (4 October) Fed officials Williams, Logan Mester and Daly speaking events (4 October) South Korea CPI inflation (5 October) Japan Jibun PMI services (5 October) Singapore PMI manufacturing (5 October) New Zealand RBNZ meeting (5 October) Philippines CPI inflation (5 October) Thailand CPI inflation (5 October) Singapore retail sales (5 October) US ADP employment, trade balance and ISM services (5 October) Australia trade balance (6 October) Philippines unemployment rate (6 October) Taiwan CPI inflation (6 October) US initial jobless claims (6 October) South Korea BoP current account (7 October) Regional GIR data (7 October) US non-farm payrolls (7 October) Read this article on THINK
Declines At The Close Of The New York Stock Exchange, The Drop Leaders Were Nike Inc Shares

Declines At The Close Of The New York Stock Exchange, The Drop Leaders Were Nike Inc Shares

InstaForex Analysis InstaForex Analysis 03.10.2022 08:21
At the close of the New York Stock Exchange, the Dow Jones fell 1.71% to hit a 52-week low, the S&P 500 fell 1.51% and the NASDAQ Composite fell 1.51%. Shares of UnitedHealth Group Incorporated were among the leaders of gains among the components of the Dow Jones index today, which lost 3.79 points (0.74%) to close at 505.04. Walgreens Boots Alliance Inc fell 0.15 points or 0.48% to close at 31.40. Dow Inc shed 0.23 points or 0.52% to close at 43.93. The drop leaders were Nike Inc shares, which lost 12.21 points or 12.81% to end the session at 83.12. Boeing Co was up 3.39% or 4.25 points to close at 121.08, while Walt Disney Company was down 3.20% or 3.12 points to close at 94. 33. Leading gainers among the S&P 500 index components in today's trading were Charles River Laboratories, which rose 3.57% to hit 196.80, Weyerhaeuser Company, which gained 2.92% to close at 28.56, and shares of Twitter Inc, which rose 2.74% to end the session at 43.91. The losers were shares of Carnival Corporation, which fell 23.31% to close at 7.03. Shares of Norwegian Cruise Line Holdings Ltd lost 18.11% to end the session at 11.35. Quotes of Royal Caribbean Cruises Ltd decreased in price by 13.14% to 37.91. Leading gainers among the components of the NASDAQ Composite in today's trading were FingerMotion Inc, which rose 82.16% to hit 3.37, SAITECH Global Corp, which gained 43.36% to close at 3.24, and shares of Avenue Therapeutics Inc, which rose 39.03% to end the session at 10.08. The biggest losers were Atlis Motor Vehicles Inc, which shed 39.91% to close at 20.40. Shares of Aterian Inc lost 37.06% and ended the session at 1.24. Quotes of Edesa Biotech Inc decreased in price by 34.66% to 0.92. On the New York Stock Exchange, the number of securities that fell in price (1,758) exceeded the number of those that closed in positive territory (1,354), while quotations of 117 shares remained virtually unchanged. On the NASDAQ stock exchange, 2,139 companies fell in price, 1,583 rose, and 228 remained at the level of the previous close. The CBOE Volatility Index, which is based on S&P 500 options trading, fell 0.69% to 31.62. Gold futures for December delivery added 0.11%, or 1.80, to $1.00 a troy ounce. In other commodities, WTI crude for November delivery fell 1.87%, or 1.52, to $79.71 a barrel. Futures for Brent crude for December delivery fell 2.13%, or 1.86, to $85.32 a barrel. Meanwhile, in the Forex market, the EUR/USD pair remained unchanged 0.08% to 0.98, while USD/JPY advanced 0.23% to hit 144.77. Futures on the USD index fell 0.09% to 112.10. Relevance up to 05:00 2022-10-04 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. Read more: https://www.instaforex.eu/forex_analysis/295131
WSE: Esotiq&Henderson – 2Q22 Results – Warsaw Stock Exchange

WSE: Esotiq&Henderson – 2Q22 Results – Warsaw Stock Exchange

GPW’s Analytical Coverage Support Programme 3.0 GPW’s Analytical Coverage Support Programme 3.0 30.09.2022 15:15
Last recommendation BDM: HOLD with target price 37,0 PLN/share (2021/08/31) LINK Q2'22 results well below our expectations - increased sales costs impact profit (negatively) Q2'22, in line with our expectations, brought an increase in sales revenues to PLN 55.5 million (+12.9% y/y). The company posted a record gross margin on sales of 67.7%. Significant growth is also seen in cost of sales (+34% y/y), which outweighed the lower-than-forecast operating profit. The increase in these costs can be explained in part by the increase in sales - a significant portion is commission to franchisees. Other cost increases can be explained by the larger scale of salary increases, the high EUR exchange rate (rents are denominated in this currency) and the increase in the price of energy. We expect that the increased other operating income is mainly due to a higher-than-expected level of advances from NCBiR related to the RFiD labels under development. The company continued to see a trend of female customers returning to stationary stores, which contributed to a decline in sales in the online channel (-18% y/y). Sales campaigns in Q2 and Q3'22 were intensified to reduce inventory, as shipments of the new collection were already starting to arrive. Because of this, gross profit margin on sales declined in July and August'22, but sales increased very strongly (about PLN 55 million in two months vs. PLN 55.5 million in the entire 2Q'22). At the end of Q2'22, inventories were lower by about PLN 2.6 million k/k. Despite the ongoing armed conflict in Ukraine, the company is operating there, although on a limited basis. Esotiq has started sales on the Zalando platform in Germany and is very positive about the first sales results in this channel, so it wants to enter more German-speaking countries with its offer. Esotiq's mobile app is expected to be launched in October'22. In Q2'22, the company generated positive cash flow from operations. A reduction in accounts payable and an increase in depreciation and amortization had a significant impact on this part of cash flow. Net debt after equity was PLN 45.2 million, or 1.3x EBITDA. BDM's comments: 2Q'22 results disappointed us, mainly due to an increase in selling expenses, which are expected to rise further in 2H'22. The company's net profit was PLN 2.2m vs. PLN 3.8m expected. Unfavorable exchange rates not only raise rents, but also negatively affect purchase prices in future periods. For now, the company is managing to maintain margins mainly by increasing selling prices, but in the current macroeconomic environment, this may become increasingly difficult in the long term. The one-time significant margin decline in August'22 (55%) is justified by the need to reduce inventories and apply deeper sales. Analyst: Anna Madziar anna.madziar@bdm.pl tel.: (+48) 666 073 972 GPW’s Analytical Coverage Support Programme 3.0
CarMax Inc And SolarEdge Technologies Inc Are The Biggest Losers At The Close In The New York Stock Exchange

CarMax Inc And SolarEdge Technologies Inc Are The Biggest Losers At The Close In The New York Stock Exchange

InstaForex Analysis InstaForex Analysis 30.09.2022 08:09
At the close in the New York Stock Exchange, the Dow Jones fell 1.54%, the S&P 500 fell 2.11% and the NASDAQ Composite fell 2.84%. The leading gainers among the components of the Dow Jones index today were The Travelers Companies Inc, which gained 1.76 points (1.15%) to close at 154.68. Visa Inc Class A rose 0.88 points or 0.49% to close at 180.06. Merck & Company Inc shed 0.14 points or 0.16% to close at 86.64. The losers were Boeing Co shares, which lost 8.11 points or 6.08% to end the session at 125.33. Walgreens Boots Alliance Inc was up 4.97% or 1.65 points to close at 31.55 while Apple Inc was down 4.91% or 7.36 points to end at 142. .48. Among the S&P 500 index components gainers in today's trading were Everest Re Group Ltd, which rose 3.07% to 267.41, STERIS plc, which gained 2.76% to close at 167.29, and also shares of W. R. Berkley Corp, which rose 2.73% to end the session at 65.18. The biggest losers were CarMax Inc, which shed 24.60% to close at 65.16. Shares of SolarEdge Technologies Inc lost 8.27% to end the session at 235.56. Quotes of Royal Caribbean Cruises Ltd decreased in price by 7.91% to 43.64. Leading gainers among the components of the NASDAQ Composite in today's trading were Senti Biosciences Inc, which rose 50.71% to hit 2.11, Avalon Globocare Corp, which gained 25.85% to close at 0.70, and also shares of TuanChe ADR, which rose 25.31% to close the session at 3.07. The biggest losers were Atlis Motor Vehicles Inc, which shed 54.82% to close at 33.95. Shares of Lion Group Holding Ltd lost 49.25% and ended the session at 1.01. Quotes of Twin Vee Powercats Co decreased in price by 29.01% to 2.52. On the New York Stock Exchange, the number of securities that fell in price (2631) exceeded the number of those that closed in positive territory (530), while quotes of 112 shares remained virtually unchanged. On the NASDAQ stock exchange, 2,842 stocks fell, 956 rose, and 224 remained at the previous close. The CBOE Volatility Index, which is based on S&P 500 options trading, rose 5.50% to 31.84. Gold futures for December delivery lost 0.07%, or 1.20, to hit $1.00 a troy ounce. In other commodities, WTI crude for November delivery fell 0.55%, or 0.45, to $81.70 a barrel. Futures for Brent crude for December delivery fell 0.55%, or 0.48, to $87.57 a barrel. Meanwhile, in the Forex market, EUR/USD rose 0.70% to hit 0.98, while USD/JPY edged up 0.21% to hit 144.46. Futures on the USD index fell 0.36% to 112.11.  Go to dashboard   Relevance up to 05:00 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. Read more: https://www.instaforex.eu/forex_analysis/294915

Big Tech Companies with Their Stocks - Examples:

         
  • Amazon (AMZN)
  • Adobe (ADBE)
  • Alphabet (GOOGL)
  • Metaverse (FB)
         
  • SONY (SONY)

In time of changes, some investors wonder if it's the time to invest in Metaverse.

Known medical Stocks:

Moderna (MRNA)

Known sport stocks:

Nike (NKE), Peloton (PTON)

Popular brands and their stocks:

McDonald's (MCD), Starbucks (SBUX), Coca Cola (KO), HP (HPQ), nVidia (NVDA), Pinterest (PINS)

Popular indices: 

Source: https://www.tradingview.com/symbols/XETR:DAX/
    •  UK 100 (FTSE 100) Price Chart:
Source: https://www.tradingview.com/symbols/UKXGBP/

Some of investors might be interested in Emini Dow Jones and Emini S&P 500.

Ones to watch, role models: Warren Buffet, Jeffrey Bezos, Elon Musk, Bill Gates.

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