Posted by kingpin15 on 19th of Apr 2024 at 09:03 am
May officially marks the beginning of the “Worst Six Months” for
the DJIA and S&P. To wit: “Sell in May and go away.” Our “Best
Six Months Switching Strategy,” created in 1986, proves that there
is merit to this old trader’s tale. A hypothetical $10,000
investment in the DJIA compounded to a gain of $1,180,836 for
November-April in 73 years compared to just $3,323 for May-October
(STA 2024, page 54). The same hypothetical $10,000 investment in
the S&P 500 compounded to $977,443 for November-April in 73
years compared to a gain of just $13,335 for May-October
May has been a tricky month over the years, a well-deserved
reputation following the May 6, 2010 “flash crash”. It used to be
part of what we once called the “May/June disaster area.” From 1965
to 1984 the S&P 500 was down during May fifteen out of twenty
times. Then from 1985 through 1997 May was the best month, gaining
ground every single year (13 straight gains) on the S&P, up
3.3% on average with the DJIA falling once and NASDAQ suffering two
losses.
Posted by kingpin15 on 19th of Apr 2024 at 08:56 am
Ticker News
ARM Downgraded to Neutral from Outperform at Exane BNP
Paribas.
AVAV Awarded contract with Marines worth up to $249 mln.
AXP Beat EPS by 38 cents (3.33 vs. 2.95) on stronger
revenues.
BAC Upgraded to Outperform from Peer Perform at Wolfe
Research.
CART Coverage initiated at Buy at Loop Capital.
DASH Coverage initiated at Buy at Loop Capital.
DT Upgraded to Buy from Neutral at Cleveland Research.
FITB Beat EPS by 8 cents (0.76 vs. 0.68) on stronger
revenues; raised guidance.
FSLR Upgraded to Overweight from Equal Weight at Wells Fargo.
HBAN Beat EPS by 4 cents (0.28 vs. 0.24) on stronger revenues
.
ISRG Reported better than expected EPS on stronger revenues;
da Vinci procedures increased 16% y/y.
KBH Announced plans for $1 bln buyback and boosted dividend
to 25 cents per share.
NFLX Reported better than expected EPS on stronger revenues;
subs higher than forecast; guidance mixed.
NSC Outlines plans to reach sub 60% operation ratio
within 4 years.
PARA Apollo Global and Sony Group rumored to be considering a
joint offer for the company.
PG Beat EPS by 10 cents (1.52 vs. 1.42) on weaker revenues;
guided inline.
PPG Reported inline EPS on weaker revenues; lowered guidance;
$2.5 bln buyback (8% of mkt cap).
RF Missed EPS by 8 cents (0.37 vs. 0.45) on inline revenues.
SLB Inline EPS (0.75) on stronger revenues.
TSLA Recalled 3,878 Cybertrucks to repair accelerator pedals
that can become stuck behind interior trim
Posted by kingpin15 on 18th of Apr 2024 at 09:22 am
Ticker
News
AA Missed EPS by 17 cents (-0.81 vs. -0.64) on stronger
revenues.
ALLY Beat EPS by 13 cents (0.45 vs. 0.32) on stronger
revenues.
APOG Beat EPS by 13 cents (1.14 vs. 1.01) on stronger
revenues; guided inline.
BX Beat EPS by 1 cent (0.98 vs. 0.97) on stronger revenues.
DHI Beat EPS by 45 cents (3.52 vs. 3.07) on stronger
revenues; guided inline.
EBAY Upgraded to Overweight from Underweight at Morgan
Stanley.
ELV Beat EPS and raised guidance but missed revenue estimates
slightly.
ETSY Downgraded to Underweight from Equal-Weight at Morgan
Stanley.
GPC Beat EPS by 5 cents (2.22 vs. 2.17) on weaker revenues;
guided inline.
KMI Inline EPS (0.34) on weaker revenues; raised guidance.
LVS Beat EPS by 13 cents (0.75 vs. 0.62) on stronger
revenues.
MAN Beat EPS by 3 cents (0.94 vs. 0.91) on weaker revenues;
raised guidance.
TSLA Downgraded to Hold from Buy at Deutsche Bank.
ZM Upgraded to Buy from Neutral at Rosenblatt.
ZS Upgraded to Overweight from Sector Weight at KeyBanc.
Posted by kingpin15 on 12th of Apr 2024 at 07:04 pm
Arthur Burns wrote a famous speech about his own failure to kill
inflation in the late 1970s and this bit resonates particularly
loudly right now.
Viewed in the abstract, the Federal Reserve System had the
power to abort the inflation at its incipient stage fifteen years
ago or at any later point, and it has the power to end it today. At
any time within that period, it could have restricted the money
supply and created sufficient strains in financial and industrial
markets to terminate inflation with little delay. It did not do so
because the Federal Reserve was itself caught up in the philosophic
and political currents that were transforming American life and
culture.
The community is delayed by three days for non registered users.
chart leading indicator.
META eps after close, chart is suspect.....sky high expectations after ...
Posted by kingpin15 on 24th of Apr 2024 at 05:18 pm
chart leading indicator.
Limited Partner, so youll have
Posted by kingpin15 on 24th of Apr 2024 at 05:17 pm
Limited Partner, so youll have a K1. More income but less appreciation.
VPU and own em all....
META eps after close, chart
Posted by kingpin15 on 24th of Apr 2024 at 01:13 pm
META eps after close, chart is suspect.....sky high expectations after massive move to ATH
Matt can you create a
FUTU, AQST
Posted by kingpin15 on 23rd of Apr 2024 at 08:18 pm
Matt can you create a system that does the buying/selling for us too?
cvna bear flag possibly? gap
Posted by kingpin15 on 19th of Apr 2024 at 12:13 pm
cvna bear flag possibly? gap looms below? used car mrkt is declining and they are burning cash.
Gap? Did we get low enough to fill it a ...
Posted by kingpin15 on 19th of Apr 2024 at 11:51 am
docu coming out when bubbles
SMCI daily excellent smash down. i shorted yesterday...only 2 ...
Posted by kingpin15 on 19th of Apr 2024 at 10:53 am
docu coming out when bubbles burst.......LOL
May officially marks the beginning
Posted by kingpin15 on 19th of Apr 2024 at 09:03 am
May officially marks the beginning of the “Worst Six Months” for the DJIA and S&P. To wit: “Sell in May and go away.” Our “Best Six Months Switching Strategy,” created in 1986, proves that there is merit to this old trader’s tale. A hypothetical $10,000 investment in the DJIA compounded to a gain of $1,180,836 for November-April in 73 years compared to just $3,323 for May-October (STA 2024, page 54). The same hypothetical $10,000 investment in the S&P 500 compounded to $977,443 for November-April in 73 years compared to a gain of just $13,335 for May-October
May has been a tricky month over the years, a well-deserved reputation following the May 6, 2010 “flash crash”. It used to be part of what we once called the “May/June disaster area.” From 1965 to 1984 the S&P 500 was down during May fifteen out of twenty times. Then from 1985 through 1997 May was the best month, gaining ground every single year (13 straight gains) on the S&P, up 3.3% on average with the DJIA falling once and NASDAQ suffering two losses.
Ticker
Posted by kingpin15 on 19th of Apr 2024 at 08:56 am
Ticker News
ARM Downgraded to Neutral from Outperform at Exane BNP Paribas.
AVAV Awarded contract with Marines worth up to $249 mln.
AXP Beat EPS by 38 cents (3.33 vs. 2.95) on stronger revenues.
BAC Upgraded to Outperform from Peer Perform at Wolfe Research.
CART Coverage initiated at Buy at Loop Capital.
DASH Coverage initiated at Buy at Loop Capital.
DT Upgraded to Buy from Neutral at Cleveland Research.
FITB Beat EPS by 8 cents (0.76 vs. 0.68) on stronger revenues; raised guidance.
FSLR Upgraded to Overweight from Equal Weight at Wells Fargo.
HBAN Beat EPS by 4 cents (0.28 vs. 0.24) on stronger revenues .
ISRG Reported better than expected EPS on stronger revenues; da Vinci procedures increased 16% y/y.
KBH Announced plans for $1 bln buyback and boosted dividend to 25 cents per share.
NFLX Reported better than expected EPS on stronger revenues; subs higher than forecast; guidance mixed.
NSC Outlines plans to reach sub 60% operation ratio within 4 years.
PARA Apollo Global and Sony Group rumored to be considering a joint offer for the company.
PG Beat EPS by 10 cents (1.52 vs. 1.42) on weaker revenues; guided inline.
PPG Reported inline EPS on weaker revenues; lowered guidance; $2.5 bln buyback (8% of mkt cap).
RF Missed EPS by 8 cents (0.37 vs. 0.45) on inline revenues.
SLB Inline EPS (0.75) on stronger revenues.
TSLA Recalled 3,878 Cybertrucks to repair accelerator pedals that can become stuck behind interior trim
COST daily....look out below
Posted by kingpin15 on 18th of Apr 2024 at 01:38 pm
COST daily....look out below
Ticker
Posted by kingpin15 on 18th of Apr 2024 at 09:22 am
Ticker News
AA Missed EPS by 17 cents (-0.81 vs. -0.64) on stronger revenues.
ALLY Beat EPS by 13 cents (0.45 vs. 0.32) on stronger revenues.
APOG Beat EPS by 13 cents (1.14 vs. 1.01) on stronger revenues; guided inline.
BX Beat EPS by 1 cent (0.98 vs. 0.97) on stronger revenues.
DHI Beat EPS by 45 cents (3.52 vs. 3.07) on stronger revenues; guided inline.
EBAY Upgraded to Overweight from Underweight at Morgan Stanley.
ELV Beat EPS and raised guidance but missed revenue estimates slightly.
ETSY Downgraded to Underweight from Equal-Weight at Morgan Stanley.
GPC Beat EPS by 5 cents (2.22 vs. 2.17) on weaker revenues; guided inline.
KMI Inline EPS (0.34) on weaker revenues; raised guidance.
LVS Beat EPS by 13 cents (0.75 vs. 0.62) on stronger revenues.
MAN Beat EPS by 3 cents (0.94 vs. 0.91) on weaker revenues; raised guidance.
TSLA Downgraded to Hold from Buy at Deutsche Bank.
ZM Upgraded to Buy from Neutral at Rosenblatt.
ZS Upgraded to Overweight from Sector Weight at KeyBanc.
nice look, LFG! here to
$DJT over $27.45 game on, volume coming in ... ...
Posted by kingpin15 on 17th of Apr 2024 at 02:44 pm
nice look, LFG! here to make $ could care less political affiliations.
JUST KILLER INFO HERE!!!!!!!
AAPL Monthly ...
Posted by kingpin15 on 17th of Apr 2024 at 02:43 pm
JUST KILLER INFO HERE!!!!!!!
COST cracking....
Posted by kingpin15 on 16th of Apr 2024 at 12:16 pm
COST cracking....
I switched to stockcharts simply
damn these commodities at stockcharts are updating very late
Posted by kingpin15 on 15th of Apr 2024 at 08:36 pm
I switched to stockcharts simply because of this newsletter.
i'd recommend members to check
nice exits on those S&P ETF's on the KISS systems from the tables
Posted by kingpin15 on 15th of Apr 2024 at 03:58 pm
i'd recommend members to check this daily, lots of exits last 1-2 weeks, showing signs of distribution.
Arthur Burns wrote a famous
Posted by kingpin15 on 12th of Apr 2024 at 07:04 pm
Arthur Burns wrote a famous speech about his own failure to kill inflation in the late 1970s and this bit resonates particularly loudly right now.
Viewed in the abstract, the Federal Reserve System had the power to abort the inflation at its incipient stage fifteen years ago or at any later point, and it has the power to end it today. At any time within that period, it could have restricted the money supply and created sufficient strains in financial and industrial markets to terminate inflation with little delay. It did not do so because the Federal Reserve was itself caught up in the philosophic and political currents that were transforming American life and culture.
as i get updates daily
Posted by kingpin15 on 12th of Apr 2024 at 03:41 pm
as i get updates daily in email for the STS, lots of names cut last 2 weeks with very few new longs. Distribution...........
SPOT ON!
Drew it when cup formed, see X.... $26 area back ...
Posted by kingpin15 on 12th of Apr 2024 at 02:36 pm
SPOT ON!
Trading Up ($): BLK (20.04),
Posted by kingpin15 on 12th of Apr 2024 at 09:05 am
Trading Up ($): BLK (20.04), GL (4.48), NFLX (4.22), STT (2.74), CPNG (1.51), MBLY (0.78)
Trading Down ($): -0.80 AVGO (-13.46), ANET (-11.57), ZTS (-8.22), HELE (-7.74), SMCI (-6.28), JPM (-4.68)