Written version of todays podcast - Up stocks charts

 

Good morning,

Today is November 22, 2024,  today’s report comes to you as a courtesy of the law office “Stern & Comas”. We’d like to remind you that we don’t give investment advice only information.

Starting with the economic news, at 9:45

The Services Purchasing Managers' Index (PMI) is an important economic indicator that measures business activity in the services sector. The services sector includes activities like banking, healthcare, hospitality, and professional services.

At 10:00

The University of Michigan Consumer Sentiment Index is composed of survey results comparing the relative level of both current and future economic conditions.

 

10 public companies are scheduled to report quarterly earnings today, among them

The Buckle, a small cap company with a market cap of 2.4 billion dollars, and 8 thousand employees. Buckle engages in the business of retailing medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women.

Global Blue Group Holding AG, together with its subsidiaries, provides technology and payments solutions for merchants, acquirers, customs, authorities, travelers, shoppers, and guests in Europe, the Asia Pacific, and internationally. GB has an average daily volume of only 48 thousand shares. It closed yesterday +12.21% with 126,000 shares traded.

 

The SP500 index closed up 0.53%, of the companies in the index 89% percent ended with a positive change in their stock price.

Google ended down -4.56%, following news that the Department of Justice is calling for Google to divest its Chrome browser to put an end to its search monopoly.

Volume for google yesterday was 37 millions shares traded, double the daily average.

 

The Nasdaq one  hundred index closed +0.36% yesterday, 83 percent of the companies in the index ended up.

Micron technology the company that provides memory and storage technologies comprising dynamic random access memory  devices, closed +4.46%,

Intuit which reported yesterday closed up +4.32%

 

Of the group of companies that we follow with market cap above five billion dollars, stock price above ten and average daily volume  of at least a million shares negotiated, 83% ended up yesterday.

 

 

 

Among that group, of 20  companies in the regional banks sector all closed positive.

 

89%  percent of companies in the software sector close up yesterday.

 

 

 

In the oils and energy industry, 83 percent of the companies ended up yesterday

 

 

 

That’s all for today, Our Summary from several sources by Erick Stern

Good Morning all

Written version of todays podcast

 

Good morning,

Today is November 21, 2024,  today’s report comes to you as a courtesy of the law office “Stern & Comas”. We’d like to remind you that we don’t give investment advice only information.

 

Starting with the economic news, at eight thirty

The Initial Jobless Claims report which measures the number of people who filed for unemployment insurance for the first time during the past week

At Ten in the morning

The Existing Home Sales report, that measures the change in the annualized number of existing residential buildings that were sold during the prior month.

 

At eleven thirty we will have a four- and eight-weeks bill auction

 

At one in the afternoon a ten year T I P S  auction, Treasury Inflation-Protected Securities.

 

Two hundred and sixty nine public companies will be reporting quarterly results today, the three biggest are:

Intuit, the company engages in the provision of business and financial management solutions. Intuit has a market cap of 182 billion dollars and yearly revenue of 16 billions

 

Headquartered in Dublin, Ireland, PDD Holdings will be reporting quarterly results today.

Market Cap of 163 billion and yearly revenue of 35 billions

 

Deere & Co. which engages in the manufacture and distribution of equipment used in agriculture and construction. Eighty three thousand employees and yearly net income of ten billion dollars.

 

The S and P five hundred index closed with no change in its price yesterday, of the companies in the index sixty two percent ended with a positive change in their stock price.

 

 

 

The Nasdaq one  hundred index closed minus point zero eight yesterday, sixty four percent of the companies in the index ended up. Apple closed up zero point thirty two percent, NVIDA closed down minus zero point seventy six percent, Amazon ended down point eighty five percent, alphabet, google closed down minus one point twenty five percent.

 

Of the group of companies that we follow with market cap above five billion dollars, stock price above ten and average daily volume  of at least a million shares negotiated, fifty seven percent ended up yesterday.

 

 

Among that group, thirty eight percent of the companies in the regional banks sector closed positive.

 

 

 

 

Seventy two percent of companies in the software sector close up yesterday.

Of fifteen companies in the mining sector, iron, gold and silver, forty percent closed up yesterday

In the oils and energy industry, seventy seven percent of the companies ended up yesterday

 

 

At this hour, seven thirty in the morning New York

 

The SP futures contract plus seventeen points implying and open for today at nine thirty of zero point thirty percent

For a podcast with the info early in the morning visit us at

https://youtu.be/kW8wqyN32jA

 

you can find us in twitter @sternloinaz

That’s all for today, Our Summary from several sources by Erick Stern