$COST

By Stephen Nellis CUPERTINO, California (Reuters) -Apple on Monday unveiled a costly augmented-reality headset called the Vision Pro in its riskiest bet since the introduction of the iPhone more than a decade ago, barging into a market dominated by Meta. At its annual developer conference, Apple also introduced a raft of new products and features, including a 15-inch MacBook Air, a powerful chip called M2 Ultra, improvements to its iOS software and a long-awaited tweak to prevent its autocorrect from annoyingly changing a common expletive to "ducking". The Vision Pro will start at $3,499, more than three times the cost of the priciest headset in Meta's line of mixed and virtual reality devices. The headset will test a market crowded with devices that have yet to gain traction with consumers and put it in direct competition with Facebook-owner Meta after years of clashes between the companies over issues like user privacy and control of developer platforms. Apple emphasized the novelty of the headset's augmented reality features as well as the sports and entertainment partnerships it would offer. The device will use a new chip called R1 that will process information from its sensors in less time than the blink of an eye, Apple said. But the announcements failed to excite Wall Street, which had bid up Apple shares (NASDAQ:AAPL) to a record high ahead of the launch. The stock was largely flat in post-market trading. "Wealthy, techie early adopters will buy the Vision Pro in droves, but still years to move the needle for the mammoth Apple," said David Rolfe, chief investment officer of Wedgewood Partners that has owned Apple stock since 2005. Rolfe said there was not yet a mass market for the headset but lauded the product's technological chops. "Apples Vision Pro reminds me of the very early days of the personal computer revolution. It took many years for the PC to become a mainstream product. Same with VisionPro." Users of the Vision Pro will be able to select content inside the goggles with their eyes, tap their fingers together to click and gently flick to scroll, while also using a three-dimensional camera and microphone system to capture videos and pictures than can be viewed in 3D later. In its most visually striking difference from Meta's headsets, the device also has an exterior display that shows the user's eyes to people in the outside world. The exterior screen goes dark when a user is fully immersed in a virtual world. When a person approaches a user who is in full virtual mode, the headset will show both the user and the outside person to each other, an augmented reality advancement over Meta's devices, which show a more basic video feed of the outside world. "It's the first Apple product you look through, not at," Apple CEO Tim Cook said. Apple's headset will be available early next year in the U.S. with more countries coming later in 2024. HEAD-TO-HEAD Investors will want to know the overlap between Apple's view of the virtual reality market and that of Meta, which currently controls nearly 80% of the market for AR/VR devices, according to market research firm IDC. Meta Chief Executive Mark Zuckerberg has outlined his vision for using headsets to dip in and out of a "metaverse" where people can meet virtually to work, play and spend. Apple executives eschewed the term. "The core difference to me is Zuckerberg is trying to create a virtual world that he wants us to be in, and it seems to me that Apple wants to keep us still anchored in our world and just augment it," said Carolina Milanesi, an analyst at Creative Strategies. In addition to Meta, Sony (NYSE:SONY) Group Corp and ByteDance-owned Pico both produce virtual reality devices. IDC said all these companies sold a total of 8.8 million headsets last year. Apple said it has been working with Adobe (NASDAQ:ADBE) and Microsoft (NASDAQ:MSFT) to put their apps on the new headset, as well as Unity, a technology company that works with game developers. Unity shares surged 17% after the announcement. Walt Disney (NYSE:DIS)'s Disney+ streaming service will be available on the Vision Pro, as will the collection of movies and TV shows from Apple TV+. Apple also showed how the headset can be used with a trackpad and keyboard to work like a traditional computer with multiple displays. The Vision Pro has two hours of use with an external battery, which Apple said would reduce the weight on the user's head. However, the device must be plugged into the wall or battery pack and there is no standalone use. Meta's top of the line Quest Pro mixed reality device, which blends virtual reality with the real world video feed, offers about two hours of battery life directly on the headset, without an external battery pack. Meta also offers Microsoft apps on its Quest devices. Apple did not make any major announcements about generative AI products similar to ChatGPT or Google (NASDAQ:GOOGL)'s Bard search engine, but quietly imbued several smaller features with AI, like live transcriptions of voice mails. It introduced a new version of the Mac Pro, its highest-performing desktop, with a company-designed M2 Ultra chip. Until Monday, the Mac Pro was the last computer in Apple's lineup that still used an Intel (NASDAQ:INTC) chip. Intel fell 4.6% after Apple dropped its chips from its most powerful desktop.

https://www.coindesk.com/consensus-magazine/2023/06/02/bridge-exploits-cost-2b-in-2022-heres-how-they-could-have-been-averted/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

USA own the Printing machine print as much as they like it only cost 2cent for a $100 bill

By the way , we did swaps on under very bad market conditions , market was dominantly moving side ways not up or down , this happens once a week , some times two times a week , any other day , that 700 points is at least 1200 points , not our Monday , I made one mistake too , missing a swap , cost us 200 points on top .

By the way , we did swaps on under very bad market conditions , market was dominantly moving side ways not up or down , this happens once a week , some times two times a week , any other day , that 700 points is at least 1200 points , not our Monday , I made one mistake too , missing a swap , cost us 200 points on top .

We went into the action 30 minutes into market open , this cost us a few extra swaps and some punctuational loss , but who cares , we are in the game , we are winners , low balls always , low practice !

We went into the action 30 minutes into market open , this cost us a few extra swaps and some punctuational loss , but who cares , we are in the game , we are winners , low balls always , low practice !

missed a swap , cost us 250 points , but is ok , one handicap is acceptable , i was sleeping

missed a swap , cost us 250 points , but is ok , one handicap is acceptable , i was sleeping

U.S. futures are trading higher on Monday, mostly thanks to the better-than-feared news on the debt ceiling. Last week, the S&P 500 closed 0.3% lower after previously failing to close below 4,100 on a weekly basis. The forward 12-month P/E ratio for the S&P 500 is 18.0, which puts it below the 5-year average and above the 10-year average. Dow Jones Industrial Average fell 1.1%, which is a worrying sign given that the index had lost 1.2% in the first week of May. It now trades below the 100 weekly moving average (WMA). On the other hand, NASDAQ Composite Index gained 0.4% as mega-cap tech stocks continue to benefit from the increased macro uncertainty. Last week, the tech-heavy IXIC hit its highest level since August 2022. Overall, the trading volume last week was light. Communication Services and Consumer Discretionary did well. Looking forward to this week, the retail sales data for April is out on Thursday. Several Fed officials will also speak this week while investor focus will remain on the debt ceiling negotiations. Q1 earnings providing support to stocks As of May 12, 92% of S&P 500 companies reporting actual results, according to FactSet. 78% of S&P 500 companies have reported a positive EPS surprise and 75% of S&P 500 companies have reported a positive revenue surprise. “The improvement has been fairly broad-based, with the median estimate up by 1.2% over the last two months. The weaker dollar, cost-cutting initiatives, stabilization in some end-markets such as housing, cloud computing, and digital advertising, as well as stronger growth in Europe and China have all played a role,” UBS analysts wrote in a note to clients. Overall, the Q1 EPS for the S&P 500 is down 2.5%, much better than the expected -6.7%, according to FactSet. “If -2.5% is the actual decline for the quarter, it will mark the second straight quarter that the index has reported a decline in earnings,” FactSet analysts wrote. Key earnings reports to watch for this week are Home Depot (NYSE:HD), Target (NYSE:TGT), Cisco Systems (NASDAQ:CSCO), Alibaba (NYSE:BABA), Walmart (NYSE:WMT), and Deere (NYSE:DE). What analysts are saying? UBS analysts: “Leading indicators of profit growth continue to suggest that caution in US equity positioning is warranted.” Vital Knowledge analysts: “The combination of earnings strength, the end of Fed rate hikes and continued US disinflation, and extreme negativity are all powerful equity tailwinds – this has been our thesis for months, and we’re sticking with it until something changes. There are many aspects of this market we don’t like, including valuations, breadth, and debt ceiling risks, but these don’t offset the aforementioned positives." Goldman Sachs analysts: “1Q results give us incremental confidence in our above-consensus EPS estimate of $224 in 2023, representing +1% growth. We believe the worst phase of negative earnings revisions is now behind us. However, we maintain our below-consensus 2024 EPS estimate of $237 (+5% growth), as we view consensus margin estimates as too optimistic. Risks to our profit outlook are tilted to the downside given uncertainty around banking stress. We expect real yields will rise and the P/E multiple will fall from 18x to 17x. If the P/E remains stable, it would represent 5% upside to our year-end target of 4000.” Roth MKM analysts: “While Breadth is thinning, rotation under the surface continues and tactically we can still engage with stocks, although the pool is getting smaller.” Citi analysts: “We maintain our ongoing call that earnings will prove resilient relative to historic recession compares. That said, we also suspect that headwinds to earnings growth will persist into 2024. These include, but are not limited to, margin compression risk, tighter credit conditions, a fade in post pandemic demand surge, etc.” Barclays analysts: “Equity risk premium (ERP) has been surprisingly low despite an increase in recession risk, sticky inflation, and the overhang of ‘known’ and ‘unknown’ tail risks amidst continued macro uncertainty. Even a modest re-pricing of ERP has the potential to dent equity returns meaningfully.” Wells Fargo analysts: “Market gains continue to be dominated by über-caps, masking the fact that 48% of S&P500 member stocks are down YTD. We remain near-term bearish as focus shifts from Q1 earnings to a macro fraught with economic and political risks.”

By Orhan Coskun, Ece Toksabay and Ali Kucukgocmen ANKARA (Reuters) -Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday's election but fell short of an outright majority to extend his 20-year rule of the NATO-member country. Neither Erdogan nor Kilicdaroglu cleared the 50% threshold needed to avoid a second round, to be held on May 28, in an election seen as a verdict on Erdogan's increasingly authoritarian path. The presidential vote will decide not only who leads Turkey but also whether it reverts to a more secular, democratic path, how it will handle its severe cost of living crisis, and manage key relations with Russia, the Middle East and the West. Kilicdaroglu, who said he would prevail in the runoff, urged his supporters to be patient and accused Erdogan's party of interfering with the counting and reporting of results. But Erdogan performed better than pre-election polls had predicted, and he appeared in a confident and combative mood as he addressed his supporters. "We are already ahead of our closest rival by 2.6 million votes. We expect this figure to increase with official results," Erdogan said. With almost 97% of ballot boxes counted, Erdogan led with 49.39% of votes and Kilicdaroglu had 44.92%, according to state-owned news agency Anadolu. Turkey's High Election Board gave Erdogan 49.49% with 91.93% of ballot boxes counted. Thousands of Erdogan voters converged on the party's headquarters in Ankara, blasting party songs from loudspeakers and waving flags. Some danced in the street. "We know it is not exactly a celebration yet but we hope we will soon celebrate his victory. Erdogan is the best leader we had for this country and we love him," said Yalcin Yildrim, 39, who owns a textile factory. ERDOGAN HAS EDGE The results reflected deep polarization in a country at a political crossroads. The vote was set to hand Erdogan's ruling alliance a majority in parliament, giving him a potential edge heading into the runoff. Opinion polls before the election had pointed to a very tight race but gave Kilicdaroglu, who heads a six-party alliance, a slight lead. Two polls on Friday showed him above the 50% threshold. The country of 85 million people - already struggling with soaring inflation - now faces two weeks of uncertainty that could rattle markets, with analysts expecting gyrations in the local currency and stock market. "The next two weeks will probably be the longest two weeks in Turkey's history and a lot will happen. I would expect a significant crash in the Istanbul stock exchange and lots of fluctuations in the currency," said Hakan Akbas, managing director of Strategic Advisory Services, a consultancy. "Erdogan will have an advantage in a second vote after his alliance did far better than the opposition's alliance," he added. A third nationalist presidential candidate, Sinan Ogan, stood at 5.3% of the vote. He could be a "kingmaker" in the runoff depending on which candidate he endorses, analysts said. The opposition said Erdogan's party was delaying full results from emerging by lodging objections, while authorities were publishing results in an order that artificially boosted Erdogan's tally. Kilicdaroglu, in an earlier appearance, said that Erdogan's party was "destroying the will of Turkey" by objecting to the counts of more than 1,000 ballot boxes. "You cannot prevent what will happen with objections. We will never let this become a fait accompli," he said. But the mood at the opposition party's headquarters, where Kilicdaroglu expected victory, was subdued as the votes were counted. His supporters waved flags of Turkey's founder Mustafa Kemal Ataturk and beat drums. KEY PUTIN ALLY The choice of Turkey's next president is one of the most consequential political decisions in the country's 100-year history and will reverberate well beyond Turkey's borders. A victory for Erdogan, one of President Vladimir Putin's most important allies, will likely cheer the Kremlin but unnerve the Biden administration, as well as many European and Middle Eastern leaders who had troubled relations with Erdogan. Turkey's longest-serving leader has turned the NATO member and Europe's second-largest country into a global player, modernised it through megaprojects such as new bridges and airports and built an arms industry sought by foreign states. But his volatile economic policy of low interest rates, which set off a spiralling cost of living crisis and inflation, left him prey to voters' anger. His government's slow response to a devastating earthquake in southeast Turkey that killed 50,000 people earlier this year added to voters' dismay. PARLIAMENTARY MAJORITY Kilicdaroglu has pledged to revive democracy after years of state repression, return to orthodox economic policies, empower institutions that lost autonomy under Erdogan and rebuild frail ties with the West. Thousands of political prisoners and activists could be released if the opposition prevails. Critics fear Erdogan will govern ever more autocratically if he wins another term. The 69-year-old president, a veteran of a dozen election victories, says he respects democracy. In the parliamentary vote, the People's Alliance of Erdogan's Islamist-rooted AKP, the nationalist MHP and others fared better than expected and were headed for a majority.

and use futures to pay the trade cost

shorted yesterday and doubled today, cost basis like 2.07

_"(Il Sole 24 Ore Radiocor Plus) - Milano, 03 mag - UniCredit ha chiuso il primo trimestre con uno 'straordinario' utile netto di 2,1 miliardi, a fronte dei 274 milioni dello stesso periodo del 2022 e decisamente superiore agli 1,3 miliardi previsti dal consensus pubblicato sul sito dell'istituto. I ricavi sono aumentati del 18,3% annuo a 5,9 miliardi, con interessi netti a 3,3 miliardi (+43,6%) e commissioni a 2 miliardi (-2%). I costi operativi si sono mantenuti a 2,3 miliardi (-0,6%), per un rapporto cost/income sceso sotto quota 40%, al 39,2%. La banca segnala la 'straordinaria creazione di valore per gli azionisti anno su anno', con un utile per azione 'pari a 1,06 in rialzo da euro0,13, e valore contabile tangibile per azione di 28,46, in rialzo del 21,7%'. Quanto alla solidita' patrimoniale, il coefficiente Cet 1 e' 'tra i leader del settore al 16,05% al netto della distribuzione agli azionisti di 5,25 miliardi relativa al 2022 e del dividendo per cassa accantonato nel primo trimestre per 700 milioni'."_

https://cointelegraph.com/news/mineflation-cost-to-mine-one-bitcoin-in-the-us-rises-from-5k-to-17k-in-2023

cost less than a penny to print $100 bill too Easy

While this board is struggling during the Chris illness, I'll send you the recs I'm getting from this guy who use to be on Wallstreet and now has a full bloom subscription and it does cost money. Otherwise; if he wasn't good I wouldn't send them. I wouldn't send my own because he's a whole lot better in the market than I am. > @john70 said: anyone got a good call option they like?

By Huw Jones LONDON (Reuters) - Global stocks languished on Friday, barely responding to a jump in euro zone business activity as investors waited for data on the U.S. economy ahead of next month's Federal Reserve meeting. U.S. stock index futures were little changed as shares on Wall Street test the top of a range that has held for months. S&P Global (NYSE:SPGI)'s flash purchasing managers' indexes (PMIs) for the U.S. are due at 1345 GMT and are expected to show that momentum in U.S. business activity cooled further in April, just as Fed officials remain set to raise rates at their May 2-3 meeting. The unfolding earnings season is also a focus, with Procter & Gamble (NYSE:PG) Co raising its full-year sales forecast. The dollar was headed for its first weekly gain in nearly two months as investors raised their bets on the Fed increasing borrowing costs next month. Oil prices were on track for hefty weekly losses as economic and interest rate uncertainty weighed. The MSCI all country stock index was down 0.1%, though it remains about 8% firmer for the year. The S&P Global composite purchasing managers' index for the euro zone jumped to an 11-month high of 54.4 in April, well above the 50 mark separating growth and contraction, and boosting the chances of a rate hike by the European Central Bank. PMI data showed Germany and France, motors of the EU economy, recovering, though there is a widening gap between weakening manufacturing and recovering services. British retail sales fell by a greater than expected 0.9% in March from February. "Like last month, the (euro zone PMI) survey indicates that price pressures are easing. In manufacturing, cost pressures are falling quickly on the back of improving supply chain problems and weakening new orders," ING bank said. "Service sector inflationary pressures are also coming down, but at a slower pace due to rising wages. For the European Central Bank, this remains the largest concern in tackling inflation right now." Euro zone bond yields were steady, but the STOXX index of 600 European companies remained slightly weaker after the PMI data, though still on track for the fifth week of gains. "The main narrative is that recession is coming but it's taking its time," said Kevin Thozet, investment committee member at Carmignac. Recession is likely in the United States during the end of the third quarter or during the fourth quarter, while consensus on the outlook in Europe is overly pessimistic in the short term, and too optimistic on the longer term, Thozet said. Although China is recovering, it's not expected to have the "traction capacity" to pull the rest of the world along with it that it had in previous economic cycles, Thozet added. Electric vehicle maker Tesla (NASDAQ:TSLA), which dropped nearly 10% on Thursday as its margins were squeezed, raised some U.S. prices a bit on its website even though it has been making cuts lately. Its shares were up 1.5% ahead of the opening bell on Friday. " onerror="this.style.display='none'" class="msg-img" /> ASIA SHARES MIXED MSCI's broadest index of Asia-Pacific shares outside Japan fell 1% and was down about 1.7% for the week so far, its worst performance since bank stability worries gripped markets in the middle of March. Japan's Nikkei touched an eight-month high and was on track for a second consecutive weekly gain. Shares of Rakuten Bank jumped as much as 40% on their debut, as investors snapped up the downsized listing. Japan's consumer inflation held steady above the central bank's target in March, data showed on Friday, keeping alive market bets that the Bank of Japan, which meets next week, could phase out its policy of enormous bond buying to pin down government bond yields. [JP/] "It looks like market participants have taken positions in preparation for policy changes ahead of the meeting," said Nomura strategist Naka Matsuzawa, though he expects no change. U.S. Treasuries have also rallied, with two-year yields extending Thursday's drop as investors turn to safety. Yields fall when prices rise. Two-year yields eased to 4.1199%. The euro was little changed, while the yen was trading at 133.81 against the dollar, down slightly. Brent futures for June delivery were 0.3% firmer at $81.34 a barrel, while West Texas Intermediate crude (WTI) for June delivery gained 0.2% to $77.59 a barrel. Elsewhere the mood dragged on bitcoin, which is back below $30,000. The fall in yields has gold, which pays no income, straddling $2,000 an ounce, down 0.8% on the day. In commodity markets traders are closely watching for producers' and buyers' response to Chilean plans to nationalise the lithium industry. Chile holds the world's largest reserves. Shares in U.S. listed Chilean lithium miner SQM tumbled 7.6%.

By Sruthi Shankar and Ankika Biswas (Reuters) - Wall Street's main indexes fell on Thursday as disappointing results from Tesla (NASDAQ:TSLA), AT&T and some regional banks dented investor sentiment already soured by prospects of further U.S. interest rate hikes. U.S. stock indexes have remained steady this week as mixed earnings from U.S. banks allayed contagion concerns related to the banking crisis in March, but rapidly rising rates and recession worries have dimmed lenders' outlook. Tesla Inc tanked 7% to touch its lowest in more than a month after its first-quarter gross margin missed expectations on aggressive price cuts for its vehicles and as CEO Elon Musk puts sales growth ahead of profit. "Tesla is and has been struggling. They've been cutting prices pretty regularly and that's not something that you do if the market is strong for your product," said Paul Nolte, market strategist at Murphy & Sylvest Wealth Management. Losses in Tesla, coupled with weakness in carmakers Ford Motor (NYSE:F) Co and General Motors Co (NYSE:GM) led to a 1% drop in consumer discretionary stocks. Utilities, a defensive sector, was the only gainer in an otherwise broad-based decline. AT&T Inc (NYSE:T) slid 7.1% as the wireless carrier missed estimates for first-quarter revenue. American Express Co (NYSE:AXP), down 5.2% on missing first-quarter earnings expectations, was the biggest drag on the Dow. Traders are reassessing the path for interest rates after data indicated that a slowdown in the U.S. economy was not enough to push the Federal Reserve to start cutting rates as early as this year. Comments from Fed policymakers this week have also supported bets on further policy tightening. The Fed will deliver a final 25-basis-point rate hike in May and then hold rates steady for the rest of the year, according to economists in a Reuters poll, which also showed a likely short and shallow recession in 2023. Data showed the number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually slowing, while another set of numbers showed business activity in the U.S. Mid-Atlantic region slumped more than expected in April. "The market is anticipating anywhere between 50 and 100 basis points cut by the end of the year, they are expecting something that the Fed is not talking about at this point," added Nolte. Adding to worries, the cost of insuring exposure to U.S. sovereign debt rose to the highest level since 2011, over market jitters that the government could hit its debt ceiling sooner than expected. At 9:42 a.m. ET, the Dow Jones Industrial Average was down 147.56 points, or 0.44%, at 33,749.45, the S&P 500 was down 22.82 points, or 0.55%, at 4,131.70, and the Nasdaq Composite was down 75.39 points, or 0.62%, at 12,081.84. IBM (NYSE:IBM) Corp gained 1.6% after the software company beat estimates for first-quarter profit. Among regional banks, Zions Bancorp, Truist Financial (NYSE:TFC) Corp and KeyCorp (NYSE:KEY) dropped between 2.2% and 5.5% after their quarterly profits missed estimates. Declining issues outnumbered advancers by a 2.77-to-1 ratio on the NYSE and a 2.50-to-1 ratio on the Nasdaq. The S&P index recorded 10 new 52-week highs and three new lows, while the Nasdaq recorded 18 new highs and 48 new lows.

under .80 cost this weeks exp looking for

Tesla: "In the current macroeconomic environment, we see this year as a unique opportunity for Tesla. As many carmakers are working through challenges with the unit economics of their EV programs, we aim to leverage our position as a cost leader. We are focused on rapidly growing production, investments in autonomy and vehicle software, and remaining on track with our growth investments"

$AAL earnings tomorrow before the open, low cost earnings lotto there fatass

By Sruthi Shankar and Ankika Biswas (Reuters) - U.S. stock indexes rose on Thursday as a moderation in producer price inflation and jump in weekly jobless claims brought relief to investors worried about how far the Federal Reserve will hike interest rates to tame surging prices. A Labor Department report showed producer prices unexpectedly fell in March as the cost of gasoline declined, and there were signs that underlying producer inflation was subsiding. Data also showed that the number of Americans filing new claims for unemployment benefits increased more than expected last week, a further sign that labor market conditions were loosening up. "This is a good indication that inflation is easing and dropping rather sharply. Jobless claims were also favorable news for the Fed," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. "Inflation both at the consumer and producer levels are going south, in the right direction ... even though elevated, it's still good news and this is one big consideration in terms of the Fed ending its tightening cycle." The benchmark S&P 500 has traded in a tight range this month, having recovered from a selloff in March fueled by the recent banking crisis, as investors assessed the path for U.S. interest rates. Wall Street closed lower on Wednesday after data showed consumer prices rose at a slower-than-expected pace in March, however, core prices remained sticky and supported the case for another 25-basis point rate hike by the Fed in May. Investors mostly stuck to expectations of the 25-bps hike after Thursday's data. U.S. Treasury yields fell, boosting rate-sensitive growth stocks. Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL) Inc rose nearly 2%. Economy-sensitive industrial, financial and energy sectors gave up some of their recent gains. Minutes released on Wednesday from the Fed's latest policy meeting indicated concerns of a recession following the banking sector stress and that several policymakers considered pausing rate hikes last month. Big U.S. banks JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C) and Wells Fargo (NYSE:WFC) & Co are scheduled to report quarterly results on Friday, and investors will watch them closely for details about the sector's overall health. Analysts expect S&P 500 companies to record a profit decline of 5.2% in the first quarter, as per Refinitiv IBES data, in what could be their worst showing since the third quarter of 2020. Financial companies that are part of the S&P 500 are expected to report a profit growth of 4.3% in the first quarter. At 9:43 a.m. ET, the Dow Jones Industrial Average was up 18.09 points, or 0.05%, at 33,664.59, the S&P 500 was up 13.74 points, or 0.34%, at 4,105.69, and the Nasdaq Composite was up 106.53 points, or 0.89%, at 12,035.87. Harley-Davidson Inc (NYSE:HOG) dropped 3.1% after the motorcycle maker said Chief Financial Officer Gina Goetter was leaving the company at the end of April. Advancing issues outnumbered decliners for a 2.00-to-1 ratio on the NYSE and a 2.22-to-1 ratio on the Nasdaq. The S&P index recorded three new 52-week highs and one new low, while the Nasdaq recorded 29 new highs and 80 new lows.

Upgrades 4/13: $BX $CFRX $CVX $DKNG $EOG $INGR $MNTK $MRK $NVO $SHOO $SPWR $VFC $WWE .. Downgrades 4/13: $BRFS $CUBE $FSLR $JD $LSI $LXU $LYB $NATI $NSA $PKX $PLTK $SPWH $TESS $TRTN $XOM +Initiations 4/13: $AVGO $CCCS $COST $CRSP $ENPH $FTCI $MGNI $NTLA $PLRX $PRI $PUBM $RLAY $RXST $SEDG $SNAL $VERV .. -Initiations 4/13:

otherwise am happy with my $COST $497.5 Ps might call it a day from here

I steped out of $COST by $490s ...... might hit next 488s, 486s but for me waiting for a bounce

if you bot $COST and holding $492 - $491s exist timing

$COST after... unfortunately i didn't play wasn't really convinced on this one given in my Pro group...

$COST before

By Wayne Cole and Alun John SYDNEY/LONDON (Reuters) - Oil prices surged on Monday after Saudi Arabia and other OPEC+ producers announced a surprise cut in their output target, a move that rippled through stock markets, though the dollar failed to hold onto its early gains. Brent crude futures looked set for its biggest daily percentage gain in around a year, jumping 5.77% to $84.52 a barrel on news OPEC+ would aim to cut output by around 1.16 million barrels per day. U.S. crude climbed 6.22% to $80.38. [O/R] Goldman Sachs (NYSE:GS) lifted its forecast for Brent to $95 a barrel by the end of the year and to $100 for 2024 following the oil output change, which was announced on Sunday, a day before a virtual meeting of an OPEC+ ministerial panel including Saudi Arabia and Russia. "I think the alliance wants to make sure that (oil) surpluses don't extend into the second half of 2023, as they know that most of the economic weakness is going to come then," said Samy Chaar, chief economist at Lombard Odier. "It's simply indicative of the global economy slowing, which is not necessarily bad news as it's mainly a self-inflicted slowdown caused by the U.S. and Europe to make sure that inflation is brought closer to target." Central banks have raised interest rates rapidly in the past year in an effort to bring rampant inflation under control. The oil producers' move spread through stock markets. Oil majors BP (NYSE:BP), Shell (LON:RDSa), TotalEnergies and Eni all rose over 4%, sending the European Oil & Gas index up 3.9%, set for its biggest one-day gain since November. Energy-sensitive stocks dropped, including airlines like British Airways parent IAG (LON:ICAG) and low cost carrier Wizz Air while tech shares, which struggle in a higher rate environment, also lost some ground, as markets saw higher oil prices leading to sticker inflation, and, in turn higher-for-longer interest rates. Britain's commodities-heavy FTSE 100 rose 0.7%. On a regional and global basis the various moves cancelled each other out with the European STOXX 600 and MSCI's 47-country all world index trading a whisker above flat. The surge in energy costs somewhat overshadowed Friday's slower reading for core U.S. inflation, which had seen Wall Street end the month on a strong note. [.N] S&P 500 futures slipped 0.1% on Monday, while Nasdaq futures lost 0.6%. MSCI's broadest index of Asia Pacific shares outside Japan was flat. FEWER FED CUTS OPEC+'s move also played out in currency and rate markets at least first thing, as, said ING FX strategist Francesco Pesole, it had "fuelled fears that inflation will prove to be a longer-lasting problem for central banks." "The ultra-volatile market pricing for the Fed’s rate path is once again set to be one of the most impacted," he added. The yield on U.S. two-year Treasuries rose as much as 7.7 basis points before dropping back to trade a touch higher on the day at 4.0895%, while Fed fund futures pared back expectations for rate cuts later in the year. The market nudged up the probability of the Federal Reserve hiking rates by a quarter point in May, with around a 60% chance according to the CME's Fedwatch tool, up from a probability of 48% on Friday. That in turn helped the dollar gain as much as 0.7% on the Japanese yen, before falling back to trade flat at 132.98. The rise in oil prices is bad news for Japan's trade balance given it imports most of its energy, while the yen typically underperforms when U.S. rates are rising. The euro initially lost ground, but was last up 0.3% at $1.0874. The outlook for U.S. rates could be impacted by data on ISM manufacturing and several pieces of employment data out this week, most significantly Friday's non-farm payrolls report. The impact of that report could be muted by the Easter holidays. Central banks in Australia and New Zealand hold policy meetings this week, with the latter expected to hike by another quarter point to 5.0%. Markets are wagering the Reserve Bank of Australia (RBA) will on Tuesday pause its tightening campaign after 10 straight rises.

**Sierra_Chart Engineering:** For anyone who wants the CBOE Volatility Index these are the current and upcoming choices: 1. The CFE futures volatility index available with the Denali Data Feed. Cost: 3USD/month for the exchange fee. You will already have access to the Denali Data Feed on Service Packages: 10, 11 or 12. You will just need to activate the CFE Futures exchange. 2. There is the FXCM CFD volatility index symbol. This is VOLX. Here is an example of that: You can find this symbol in File >> Find Symbol >> CFD-FXCM. 3. Upcoming: We will also be providing the NASDAQ Global Indices data feed which has a version of the volatility index. This is upcoming. ------------------------------------------------------ Here is an example of the NASDAQ Global index equivalent of the CBOE volatility index: And here is the chart of the CBOE S&P 500 volatility index: We think the one from NASDAQ looks much better. This data feed is going to be available to our entire user base and will only have a cost of 1 USD per month additional. It will become available in April 2023. Just a few days from now. source: /SupportBoard.php?ThreadID=82210

By Scott Murdoch (Reuters) - First Citizens BancShares Inc said on Monday it will acquire the deposits and loans of failed Silicon Valley Bank, closing one chapter in the crisis of confidence that has ripped through global financial markets. The Federal Deposit Insurance Corporation (FDIC), which took control of SVB earlier this month, said in a separate statement it has received equity appreciation rights in First Citizens BancShares stock with a potential value of up to $500 million as part of the deal. First Citizens said the transaction was structured to preserve its solid financial position and the combined company remains resilient with a diverse loan portfolio and deposit base. Under the deal, unit First–Citizens Bank & Trust Company will assume SVB assets of $110 billion, deposits of $56 billion and loans of $72 billion. "Prudent risk management approach will continue to protect customers and stockholders through all economic cycles and market conditions," the statement said. First Citizens Bank will also receive a line of credit from the FDIC for contingent liquidity purposes and will have an agreement with the regulator to share losses to provide further downside protection against potential credit losses, it added. SVB was the largest bank since the 2008 financial crisis to collapse when California regulators closed the bank on March 10 which sparked massive market disruption and heightened stresses across the banking sector globally. "The move is positive for financial stability and the venture capital industry," said Gary Ng, senior economist at Natixis Hong Kong, though he added was not completely clear whether SVB's role in the venture capital industry would be carried over by the new entity going forward. Based in Santa Clara, SVB was ranked as the 16th biggest lender in the U.S. at the end of last year, with about $209 billion in assets. The FDIC said the purchase of about $72 billion of SVB's assets came at a discount of $16.5 billion. "The FDIC estimates the cost of the failure of Silicon Valley Bank to its Deposit Insurance Fund (DIF) to be approximately $20 billion. The exact cost will be determined when the FDIC terminates the receivership," it said. Approximately $90 billion in securities and other assets from SVB will remain in receivership for disposal, the regulator added. From Monday, SVB's 17 former branches will begin operating as Silicon Valley Bank, a division of First Citizens Bank. First Citizens has around $109 billion in assets and total deposits of $89.4 billion.

By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Friday, March 24th. Please refresh for updates. First Republic Bank (NYSE:FRC) stock fell 4.8%, PacWest Bancorp (NASDAQ:PACW) stock dropped 2.8%, and Western Alliance (NYSE:WAL) stock fell 3.4% as turbulence in the banking sector continued. Deutsche Bank (NYSE:DB) stock fell 11% after a record surge in the cost of insuring against the risk of a default from the German lender late in the previous day. Block (NYSE:SQ) stock fell 2.3%, continuing to drop after losing 15% on Thursday in the wake of short-sellers Hindenburg Research accusing the payments firm of systematically misleading its investors and clients and avoiding regulation. Block denied the accusations, saying it is considering legal action. Chevron (NYSE:CVX) stock fell 2.1% and Exxon Mobil (NYSE:XOM) stock fell 2.1% after crude prices fell sharply, dropping to the lowest levels this week after the U.S. government backed away from its intention to immediately refill the Strategic Petroleum Reserve. Regeneron (NASDAQ:REGN) stock rose 0.2%, outperforming the wider market after Jefferies upgraded its stance on the pharmaceutical company to ‘buy’ from ‘hold’, saying its Dupixent drug could drive shares 15% higher. Ford (NYSE:F) stock fell 1.5% after the auto giant announced plans to build up to 500,000 electric trucks a year at its BlueOval City complex under construction in western Tennessee. Coinbase (NASDAQ:COIN) stock fell 3.9% after Oppenheimer downgraded the cryptocurrency exchange to ‘perform’ from ‘outperform’ the day after the U.S. SEC informed the company of the possibility of an enforcement action involving some of its products. Ouster (NYSE:OUST) stock fell 8.1% after the lidar maker reported a widening of its quarterly net loss, even as CEO Angus Pacala forecast savings with its Velodyne merger.

By Amruta Khandekar and Shubham Batra (Reuters) - Wall Street's main indexes edged lower on Wednesday, ahead of the outcome of the Federal Reserve's rate-setting meeting in which the central bank will seek to balance inflation and banking sector concerns. Traders have halved the size of the expected interest rate hike to 25 basis points following troubles in the banking sector, with some pointing to the Fed's aggressive monetary tightening over the past year as one of the reasons for the crisis. Analysts have said a pause was unlikely as it would indicate the banking turmoil, sparked by the failure of two U.S. regional lenders, had rattled the central bank. The U.S. central bank's two-day policy meeting will end at 2 p.m. ET (1800 GMT), with investors keenly awaiting Fed Chair Jerome Powell's conference at 2:30 p.m. ET to gauge the central bank’s rate-hike trajectory. "In order to solve the banking problem, you really have to go back down to very low interest rates and I don't think that's going to happen," said Paul Nolte, senior wealth adviser and market strategist at Murphy & Sylvest. "What you're going to wind up with is a Fed that will probably be a little bit more focused on inflation and they're going to deal with the banking situation as it comes up." Eight of the S&P's 11 major sectors were in the red, with rate-sensitive real estate stocks falling 1.9% to their lowest level since Nov. 4. Apple Inc (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA) Corp, up 0.4% and 2.4% respectively, helped limit losses for the broader markets. Wall Street's main indexes notched gains in the past two straight sessions, after the rescue of Credit Suisse as well as measures by central banks to boost liquidity helped soothe some worries about risks to other banks. However, a scramble by troubled regional U.S. lender First Republic Bank (NYSE:FRC) to secure a capital infusion has kept alive some worries about the banking sector. Shares of First Republic slid 4.4%, with a Bloomberg News report on Tuesday stating the bank's rescue could rely on backing from the U.S. government to facilitate a deal. Shares of its peer PacWest Bancorp were down 7.9%, while Western Alliance (NYSE:WAL) Bancorp was marginally up 0.1%. U.S. Treasury yields rose, with the yield on the two-year note, which best reflects interest rate expectations, last at 4.212%. At 9:42 a.m. ET, the Dow Jones Industrial Average was down 31.96 points, or 0.10%, at 32,528.64, the S&P 500 was down 4.51 points, or 0.11%, at 3,998.36, and the Nasdaq Composite was down 17.73 points, or 0.15%, at 11,842.38. Among other stocks, Virgin Orbit Holdings Inc soared 42.3% after Reuters reported the company is near a deal for a $200 million investment from Texas-based venture capital investor Matthew Brown. GameStop Corp (NYSE:GME) jumped 32.1% after the company posted a surprise profit for the fourth quarter, helped by lower costs and job cuts. Carvana Co (NYSE:CVNA) rose 17.8% after the used-car retailer forecast smaller core loss in the current quarter due to a raft of cost-cut measures. Declining issues outnumbered advancers by a 1.56-to-1 ratio on the NYSE a 1.75-to-1 ratio on the Nasdaq. The S&P index recorded no new 52-week high and four new lows, while the Nasdaq recorded 13 new highs and 34 new lows.

Switzerland’s emergency rescue of Credit Suisse, $CS, could cost $13,500 for each and every Swiss person, per Forbes.

date un occhiata al labour cost index appena uscito.... al massimo da quando esiste questa rilevazione

republicans bang on about the cost of the Ukranian war but todays bank saves would pay it for a year

this is what I think has happened, in 2020/21 people were forced to stay at home and the gov sent them money, they couldn't spend it so it ended up as deposits at the bank. The bank then took that money and invested it in bonds and commercial property and MBS's at 0% interest price levels. then we get inflation, folks need there deposits because of cost of living so banks need to liquidate assets, however the assets are worth far less than what they bought them at because of rate rises. This is a disaster unrolling... we just seen the start

Foks have this idea of cost push inflation from supplyside issues. But point is if their is only so much money in supply and it is spent on one thing (say higher oil prices), that just means other stuff isnt bought so becomes over supplied and falls in price. Thats what monetarists will say, and i suppose i think they are probably right

EARNINGS TODAY AFTER HOURS: $COST $CHPT $MRVL $AVGO $DELL $ZS $JWN $HPE $AI $VSCO

By Sruthi Shankar and Shristi Achar A (Reuters) - The benchmark S&P 500 and the tech-heavy Nasdaq fell on Thursday as the 10-year Treasury yield surged above 4% following hotter-than-expected labor market data, while Tesla (NASDAQ:TSLA) sank after it gave few details on its affordable electric vehicle. The number of Americans filing new unemployment claims fell again last week, according to a Labor Department report that pointed to sustained strength in the labor market, while another report showed U.S. labor costs grew faster than initially thought in the fourth quarter. The yield on 10-year Treasury notes - the benchmark for global borrowing costs - raced further above the 4% level on Thursday to touch a fresh four-month high of 4.06%. The two-year yield, which best reflects short-term rate expectations, hit a fresh 15-year high at 4.93%. "It doesn't look like the jobs market is responding to higher rates. The unit labor cost is double the expectations because wages are up and productivity is down, so nothing is really working in favor of markets," said Jack Ablin, chief investment officer at Cresset Capital. After a lackluster performance in February, Wall Street indexes kicked off March on a volatile note as fresh evidence of persistent price pressures and comments from Federal Reserve policymakers fueled worries about the U.S. central bank staying hawkish for longer. The S&P 500 and Nasdaq fell on Wednesday after data showed U.S. manufacturing contracted for a fourth straight month in February, although raw material prices increased last month. Traders of futures tied to the Fed's policy rate saw about an even chance that the rate will get to a range of 5.5%-5.75% by September, from the current range of 4.5% to 4.75%. U.S. monthly payrolls and consumer prices data in the coming days will offer investors more clues on the path of rates heading into the Fed's March 21-22 meeting, where it is currently expected to raise rates by 25 basis points. At 9:39 a.m. ET, the Dow Jones Industrial Average rose 20.50 points, or 0.06%, at 32,682.34 as Salesforce (NYSE:CRM) Inc soared 12.9% after the cloud-based software firm forecast first-quarter revenue above analysts' estimates and doubled its share buyback to $20 billion. The S&P 500 fell 22.28 points, or 0.56%, to 3,929.11, but was trading near its 200-day moving average, seen as a key support level by traders. The Nasdaq Composite dropped 105.26 points, or 0.93%, at 11,274.22. Tesla Inc fell 7.8% after Chief Executive Elon Musk and team's four-hour presentation failed to impress investors with few details on its plan to unveil an affordable electric vehicle. Macy's Inc (NYSE:M) jumped 9.6% after the department store operator forecast full-year profit above Wall Street estimates. Silvergate Capital (NYSE:SI) plunged 47.6% after the crypto-focused lender delayed its annual report and said it was evaluating its ability to operate as a going concern. Declining issues outnumbered advancers for a 5.86-to-1 ratio on the NYSE and 3.00-to-1 ratio on the Nasdaq. The S&P index recorded two new 52-week highs and 12 new lows, while the Nasdaq recorded 26 new highs and 71 new lows.

By Peter Nurse Investing.com - European stock markets are expected to open higher Friday on signs the region’s economy is slowly recovering, ahead of the release of the Federal Reserve's preferred inflation measure. At 02:00 ET (07:00 GMT), the DAX futures contract in Germany traded 0.2% higher, CAC 40 futures in France traded flat and the FTSE 100 futures contract in the U.K. rose 0.3%. Data released earlier this session showed that U.K. consumer confidence rebounded in February, with the GfK’s consumer confidence index climbing seven points to minus 38. While this is still close to the historic lows triggered by the cost-of-living crisis, it still represented a 10-month high. The forward looking German GfK consumer climate index also improved to -30.5 in March, from -33.8 the previous month. German growth data was less encouraging, as the Eurozone’s largest economy contracted 0.4% in the final quarter of last year, which resulted in just 0.3% annual growth. However, these numbers are historic, and business activity numbers in 2023 have been much more optimistic. “The outlook for the world is slightly brighter at the beginning of 2023 than what we thought it would be just two or three months ago,” OECD Secretary-General Mathias Cormann said Friday in an interview on CNBC, adding that inflation challenges remain. The extent of those challenges may be made plain in the U.S., the world’s largest economy, later in the session with the release of the core personal consumption expenditures price index for January, the inflation gauge the U.S. central bank studies the most closely. The index is expected to be up 4.3% on a year earlier, compared with 4.4% the previous month, suggesting inflation will be tricky to tame. In the corporate sector, BASF (ETR:BASFN) announced plans to cut 2,600 positions, about 2% of its global workforce, as Europe’s biggest chemical firm seeks to cut costs as it learns to live without cheap Russian gas. Oil prices rose Friday as the prospect of reduced supply from Russia into the global market offset rising U.S. inventories. Moscow plans to cut up to 25% of oil exports from its western ports in March, according to a Reuters report, which is more than the 500,000 barrel per day supply cut announced earlier. This news has overshadowed the announcement of another increase in U.S. oil stocks, with data from the Energy Information Administration showing inventories grew for a ninth consecutive week to their highest level since May 2021. By 02:00 ET, U.S. crude futures traded 0.9% higher at $76.10 a barrel, while the Brent contract rose 0.9% to $82.96. Both contracts were trading down less than 0.5% each for the week, having clawed back earlier heavy losses. Additionally, gold futures rose 0.2% to $1,830.70/oz, while EUR/USD edged higher to 1.0598.