$SPOT

Spotify Technology S.A.

  • NEW YORK STOCK EXCHANGE INC.
  • Technology Services
  • Internet Software/Services
  • Information
  • Software Publishers

PRICE

$252.7 ▼-0.103%

Extented Hours

VOLUME

988,109

DAY RANGE

249.02 - 254.37

52 WEEK

201.68 - 387.44

Join Discuss about SPOT with like-minded investors

SO
@soheil.n #StockTraders.NET
2 hours ago

decent long ...3:1 Risk > @soheil.n said: yeah...it reclaimed the flush so i longed at the reclaim spot ...now if 6.7s gives then there is more downside

39 Replies 11 👍 7 🔥

SO
@soheil.n #StockTraders.NET
2 hours ago

yeah...it reclaimed the flush so i longed at the reclaim spot ...now if 6.7s gives then there is more downside

37 Replies 11 👍 11 🔥

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@bronco #droscrew
2 hours ago

$SNAP down here is looking tasty if your looking for a spot.

17 Replies 9 👍 7 🔥

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@dros #droscrew
2 hours ago

$COTY also in a very nice spot here

21 Replies 11 👍 9 🔥

SC
@Schmidy23 #droscrew
2 hours ago

when idk, but good spot

39 Replies 8 👍 8 🔥

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@DarkPoolAlgo #Dark Pool Charts
recently

U.S. stock futures looking mixed on the final day of trading for the week, but a much better picture then what it looked like initially overnight following the first night of disappointing earnings overnight as shares of tech companies Intel (INTC) and Snap (SNAP) led the declines. Asia’s subdued risk sentiment gets a surprise boost following a report of Evergrande $83.5M interest payment on an overdue dollar bond. European stocks also rose on Friday after China Evergrande paid a bond coupon before this weekend’s deadline helping boost those markets and lift sentiment. The Nikkei Index rose nearly 100-points to 28,804, the Shanghai Index slipped -0.3% to 3,582, and the Hang Seng Index climbed 109 points to 26,126. In Europe, the German DAX is up over 100 points to 15,585, while the FTSE 100 gains 0.5% to 7,225. The Dow eased from a record high hit on Wednesday, while the Nasdaq paced market gains and the S&P 500 hit a fresh intraday record high thought breadth was somewhat mixed as six of the 11 major S&P 500 sectors finished lower, with energy stocks falling the most. While the majority of earnings thus far to start quarterly earnings (about 20% in for the S&P 500), the potential impact of supply chain disruptions and labor shortages on profits is starting to take center stage this earnings season. IBM tumbled 8.2% after it missed market estimates for quarterly revenue, while Tesla (TSLA helped lift the Nasdaq. The story of the day was Digital World Acquisition Corp (DWAC), the special purpose acquisition company (SPAC) that will merge with former President Trump’s social media company, shooting up 356% on Thursday, closing at $45.50 a share. Applications for U.S. state unemployment benefits unexpectedly declined to 290,000 last week to pre-pandemic levels, raising expectations the Fed may look to raise rates sooner in 2022 to cool inflation. The CBOE volatility index closed Thursday at 15.01, lowest close since Feb. 19, 2020. Market Closing Prices Yesterday · The S&P 500 Index gained 13.59 points, or 0.30%, to 4,549.78 · The Dow Jones Industrial Average slid -6.26 points, or 0.02%, to 35,603.08 · The Nasdaq Composite surged 94.02 points, or 0.62%, to 15,215.70 · The Russell 2000 Index advanced 6.42 points, or 0.28% to 2,296.18 Events Calendar for Today · 9:45 AM ET Markit Manufacturing PMI-Flash · 9:45 AM ET Markit Services PMI-Flash · 9:45 AM ET Markit Composite PMI-Flash · 1:00 PM EST Baker Hughes Weekly rig count data Earnings Calendar: · Earnings Before the Open: AIMC, AXP, CLFY, CLF, FHB, GNTX, HCA, HON, RF, ROP, SLB, SMPL, STX, VFC World News · The eurozone composite PMI dropped from 56.2 to 54.3 in October, posting its lowest reading in six months; Eurozone Oct Mfg PMI (flash) beat: 58.5 vs 57.0 consensus; EZ Oct Services PMI (flash) missed at 54.7 vs 55.5 consensus · UK Sep Retail Sales missed: -0.2% m/m vs 0.5% cons; -1.3% y/y vs -0.4% consensus; UK Sep Retail Sales ex-autos missed: -0.6% m/m vs 0.5% cons; -2.6% y/y vs -1.7% consensus · German Oct Manufacturing PMI (flash) beat: 58.2 vs 56.5 consensus; German Oct Services PMI (flash) missed: 52.4 vs 55.0 consensus · Bank of England chief economist Pill says that inflation could exceed 5% but likely to fall in 2H of next year, BoE would have a “live” decision on whether to raise interest rates at its November meeting. · GfK consumer confidence dropped 4 points to minus 17 in October as higher inflation and climbing Covid rates weighed on sentiment Sector News Breakdown Consumer · Chipotle Mexican Grill, Inc. ($CMG) Q3 EPS $7.02 vs. est. $6.32; Q3 revs rise 21.9% to $2.0B vs. est. $1.94B; qtrly comparable restaurant sales increased 15.1%; qtrly digital sales grew 8.6% year over year to $840.4M; Restaurant level operating margin was 23.5% 1, an increase of 400 bps · Boston Beer ($SAM) Q EPS ($4.76) vs est. $4.02 on revs $561.6Mm vs est. $531.5Mm; guides FY depletions and shipments +18-22%, sees national price increase 2-3%, gr margin 40-42%, advertising promo & selling exp increase $80-100Mm · BJ Restaurants ($BJRI) 3Q EPS ($0.09) vs est. $0.11 on revs $282.2Mm vs est. $292.8Mm, comps +41.8% (-0.5% vs 2019); saw rapid food cost inflation hit 3Q restaurant op margins; expects sales to benefit as staffing levels improve; · Mattel Inc. ($MAT) Q3 adj EPS $0.84 vs. est. $0.72; Q3 sales $1.76B vs. est. $1.68B; raises FY21 revenue growth view to up about 15% from 12%-14% and boosts FY21 adj EBITDA view to $900M-$925M from $875M-$900M; qtrly net sales in the N.A. segment increased 12% as reported and gross billings increased 12% as reported; worldwide gross billings for barbie of $555.2 mln, up 4% and for hot wheels of $329.9 mln, up 5% · PriceSmart ($PSMT) 4Q EPS $0.63 vs est. $0.74 on revs $909.6Mm vs est. $879.8Mm; comparable net merchandise sales +10.3% · Whirlpool ($WHR) 3Q adj EPS $6.68 vs est. $6.12 on net sales $5.5B vs est. $5.74B; guides FY net sales +13% vs est. +15.5%, sees FY adj EPS about $26.25 vs est. $26.35 · Robert Half ($RHI) 3Q EPS $1.53 vs est. $1.40 on revs $1.713B vs est. $1.637B; sees Q4 EPS $1.37-$1.47 vs. est. $1.30; sees Q4 revenue $1.655B-$1.735B vs. est. $1.65B · Walmart ($WMT) is offering bitcoin through 200 of its CoinStar kiosks in a tie-up with crypto atm firm CoinMe- CoinDesk reported last night Energy · DMC Global ($BOOM) shares fell -10%; 3Q EPS $0.02 vs est. $0.10 on sales $67.2Mm vs est. $71.5Mm; guides 4Q sales $46-50Mm below est. $73.6Mm · Altus Midstream Company ($ALTM) said it will combine with privately-owned BCP Raptor Holdco LP in an all-stock transaction. BCP is the parent company of EagleClaw Midstream, which includes EagleClaw Midstream Ventures, the Caprock Midstream and Pinnacle Midstream businesses, and a 26.7% interest in the Permian Highway Pipeline. · Southern Co.’s ($SO) Georgia Power adds another three months to the timetable for the Vogtle 3 and 4 nuclear expansion projects; company now projects a Unit 3 in-service date in Q3 2022 and a Unit 4 in-service date in Q2 2023 Financials · Associated Banc-Corp. ($ASB) Q3 EPS $0.56 vs est. $0.44, tangible book value per share $17.58, recovery of credit losses $24M vs est. recovery of $1.68M · Bank Ozk ($OZK) Q3 EPS $1.00 vs. est. $0.97; Q3 total interest income $262.7M versus 268.3M same quarter 2020 · Independent Bank ($INDB) Q3 EPS $1.21 vs. est. $1.02; Total assets of $14.5 billion at September 30, 2021 increased by $339.1 million, or 2.4%, from the prior quarter, and by $1.4 billion, or 10.3%, as compared to the year ago period · SVB Financial ($SIVB) Q3 EPS $6.24 vs. est. $5.04; qtrly net interest income (fully taxable equivalent basis) of $859 million · Western Alliance ($WAL) Q3 EPS $2.28 vs. est. $2.22; Q3 revs $548.5M vs. est. $535.86M; produced highest ever quarterly organic loan growth of $4.8 billion, with deposits also up $3.4 billion (32% annualized), driving a 14.3% increase in PPNR1 during the quarter to $317.1 million · WR Berkley ($WRB) 3Q EPS $1.40 vs est. $0.99 on revs $2.42B vs est. $2.3B; qtrly net premiums written +23.7% Healthcare · Accuray Inc. ($ARAY) preliminary Q1 revs $107.4M vs est. $88.5M, raised FY revenue view to $420M-$427M from $410M-$420M, above est. $415.8M · Metacrine ($MTCR) shares fall -50%; to halt future development of FXR program in NASH; reports interim results for met642 phase 2a trial in patients with NASH and announces a strategic re-prioritization of its clinical development programs; shares downgraded to Hold from Buy at Jefferies, Canaccord and HC Wainwright · Minerva Surgical ($UTRS) 6.25M share IPO priced at $12.00 · Xilio Therapeutics ($XLO) 7.35M share IPO priced at $16.00 · Iveric bio ($ISEE) 9M share Spot Secondary priced at $16.75 · Rite Aid ($RAD) has filed for a mixed securities shelf offering. Industrials & Materials · Honeywell ($HON) Q3 adj EPS $2.02 vs. est. $1.99; Q3 revs $8.47B vs. est. $8.65B; qtrly organic sales grew 8%, led by 38% growth in aerospace commercial aftermarket, 21% growth in safety and productivity solutions; 14% growth in advanced materials within performance materials and technologies; cuts FY21 revenue view to $34.2B-$34.6B from $34.6B-$35.2B (est. $35.1B) and narrows FY21 EPS view to $8.00-$8.10 from $7.95-$8.10 · Carlisle Companies ($CSL) 3Q adj EPS $2.99 vs est. $2.75 on revs $1.3B vs est. $1.27B · Celanese ($CE) Q3 adj EPS $4.82 vs. est. $4.75; Q3 revs $2.3B vs. est. $2.13B; raises full-year outlook; sees Q4 EPS about $4.00 vs. est. $3.97; reported record net sales of $2.3B for the quarter with sequential pricing and volume increases of 3% and 1%, respectively · Lynas Rare Earths ($LYSCF) said Q1 production and sales revenues fell QoQ, citing disruptions from a rise in COVID-19 cases in the area around its Malaysia processing plant; Q1 total rare earths production fell 16% Q/Q to 3,166 metric tons, Q1 revenues fell to A$121.6M from $A$185.9M · Olin Corp. ($OLN) Q3 EPS $2.38 vs. est. $2.02; Q3 revs $2.34B vs. est. $2.36B; qtrly adjusted Ebitda achieved despite production interruptions from hurricanes, raw material cost volatility, & supply-chain disruptions; for FY21, is targeting debt reduction of approximately $1.1 bln using cash generated from operations · U.S. Xpress Enterprises, Inc ($USX) 3Q adj EPS $0.07 vs est. $0.14 on revs $491.1Mm vs est. $479.6Mm · Vicor Corporation ($VICR) 3Q EPS $0.29 vs est. $0.44 on revs $84.9Mm vs est. $98.2Mm; gross margin 50.4% vs est. 52.5%; book/bill 2.0 with backlog $296Mm at qtr end Technology, Media & Telecom · Intel Corp. ($INTC) falls -7%; 3Q EPS $1.71 vs est. $1.11 on revs $19.2B vs est. $18.24B (CCG revs 9.7B -2%, DCG revs $6.5B +10%), gr margin 56% vs est. 54.9%; guides FY adj EPS $5.28 vs est. $4.79; sees 2021 cap-ex spending $18B-$19B; questions about falling gross margins dominated the c/c as the company said it expects to turn back to growth in a few years, and execs kept defending their forecast, comfortable with margins above 50% · Cambium Networks ($CMBM) lowers guidance; sees Q3 revs about $75M, down from prior view of $88-$92M which primarily reflects greater than anticipated global supply constraints impacting shipments of products which we expect to continue into the first half of calendar 2022; said Q3 net income is expected to be below the low-end of the previous GAAP and non-GAAP ranges · Snap Inc. ($SNAP) tumbles -20% overnight on lower guidance; Q3 adj EPS $0.17 vs est. $0.08 on revenue $1.07B vs est. $1.1B, DAUs 306M (+23% YoY); sees Q4 DAUs 316-318M, revenue $1.165B-$1.205B below est. $1.36B, saying it missed the lower end of guidance due to changes to advertising tracking on Apple’s iOS that did not scale as expected, making it more difficult for ad partners to measure and manage campaigns, and macroeconomic factors impacting advertising partners with global supply headwinds expected to impact ad demand Q4 in particular; (shares of FB, ROKU, ETSY, TWTR among names that fell in reaction to SNAP) · Western Digital’s ($WDC) discussions to merge with Japan’s Kioxia in a deal worth over $20B have stalled, the Wall Street Journal reported, citing people familiar with the matter. The companies were seeking to finalize a stock deal that would have established a memory-chip giant worth about $40B

142 Replies 8 👍 14 🔥

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@soheil.n #StockTraders.NET
recently

IU Watchlist: Main Watches: $DWAC went mid 70s AHs - I think this will have an opportunity off the open and then maybe later on I may trade it but we'll see it MAY be an avoid. As you saw today I said no edge a lot - same in lounge lots anticipating next direction the only time I felt there was edge was either after a stuff move or late day that flush into close as I wrote out for long. Otherwise quite honestly you're putting hard earned $$ after 50/50 chance. Not for me. $MARA nice entry again today - higher better watch with BTC I'm not opposed to going long in fact it's had some pretty nice rebounds but BTC would have to agree. For now I'm looking to fade the trend until crypto rebounds. $PHUN absolutely insane after hours - insane insane. Nearly $3 be careful having a crazy bias one way or other. I'd be prepared for short side if it gaps up and has a parabolic or like DWAC today if it gaps up and fades into 7-8AM + could be setting up a steady trap and I'd look for flushes vs. support for a long. Failed Follow Through: $BBIG looking for similar today +.20 gap then unwind would be ideal. Steady unwind here post all catalyst. $FCEL watch with PLUG they trade in tandem - looking left levels has worked extremely well. $8.80-8.90s has been the exhaustion spot I wish I spent a bit more time with it today pretty clean fade. $JRJC good one today ideally another shove then likely fades back - gap fill is nice but felt super forced today. Morning gap and possible fade back sub $8 $XYF higher better and fade again - nice one from scan last night. Continuation: $EAR took a few today just looking for a bit of continuation and moving on - nothing I'm crazy excited about but nice idea. Didn't position enough. $DIDI no position watching dips for possible break out. $WTRH weak open for break out $2 + is possible given this set up. $CNTX good volume today watch all dips if $5.50-5.80s flush & catch would suggest over all trend is intact.

136 Replies 10 👍 13 🔥

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@Valckrie #StockTraders.NET
recently

damn i was eyeing that 47 spot

44 Replies 7 👍 6 🔥

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@trademaster #TradeHouses
recently

LONDON (Reuters) - Bitcoin hovered just below its record highs on Wednesday and the first U.S. bitcoin futures-based exchange-traded fund (ETF) looked set to open firmer after surging on its debut on Tuesday. The world's leading cryptocurrency was at $64,257 at 1236 GMT, modestly higher on the day and within a short jump of the all-time high of $64,895.22 it hit on April 14 this year. It reached as high as $64,499 on Tuesday, late in the U.S. session. Tuesday was the first day of trading for the ProShares Bitcoin Strategy ETF -- a development that market participants say is likely to drive investment into the digital asset. The ETF closed up 2.59% at $41.94 on Tuesday, with around $1 billion worth of shares trading hands on Intercontinental Exchange (NYSE:ICE) Inc's ICE.N Arca exchange. It was trading around 0.2% higher before the market opened. Trading appeared to be dominated by smaller investors and high-frequency trading firms, analysts said, noting the absence of large block trades indicated that institutions were likely staying on the sidelines. James Quinn, managing partner at Q9 Capital, a Hong Kong-based cryptocurrency private wealth manager, said the launch of the new product was "meaningful" for bitcoin. Theoretically, any licensed brokerage firm in the United States which wants to take on this ETF can do so as easily as any other ETF, which "should make it available to a lot of folks", said Quinn. While the ETF is based on bitcoin futures, Quinn said the trades and hedges underpinning the ETF means activity will flow into the spot market and the bitcoin price. Crypto ETFs have launched this year in Canada and Europe amid surging interest in digital assets. VanEck and Valkyrie are among fund managers pursuing U.S.-listed ETF products, although Invesco on Monday dropped its plans for a futures-based ETF. Ether, the world's no. 2 cryptocurrency, was up 1.5% on the day at $3,926, near to a six-week high, but some way off its all-time high of $4,380, hit on May 12. Graphic: Bitcoin boom, https://fingfx.thomsonreuters.com/gfx/

149 Replies 9 👍 12 🔥

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@RedSunCap #droscrew
recently

definitely a good spot to start adding i agree

125 Replies 15 👍 15 🔥

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@dros #droscrew
recently

seems like a decent spot to start accumulating

40 Replies 9 👍 8 🔥

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@Pyrognosis #droscrew
recently

Logistics and shipping. Seems like it might be a nice spot, sector wise considering supply issues and increased port hours

66 Replies 11 👍 14 🔥

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@Pyrognosis #droscrew
recently

Nomura’s models suggest the market is back trading in long gamma territory vis-à-vis dealer hedging, meaning stocks should be at least somewhat insulated from large swings, barring an exogenous shock or other catalyst that sends spot careening through key strikes and triggers. “As implied resets lower, [it] incentivizes hedge monetization and the resumption of short vol flows which creates Delta to buy and gets dealers back into market stabilizing ‘long Gamma’ (and ‘long Delta’) position, as options are again sold from Overwriters / Strangle Sellers etc,” McElligott went on to say.

85 Replies 13 👍 13 🔥

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@Pyrognosis #droscrew
recently

The good news is, positioning is cleaner. I’ve been over this before, but just to recapitulate, September’s swoon helped uncock extremely loaded systematic exposure. Now, with realized vol back on the wane, purged exposure can be rebuilt. “As rVol softens, systematic strategies are able to mechanically re-allocate on a lagged-basis, while simultaneously, the reversal in spot sees CTA Trend forced to cover nascent shorts and begin to re-lever long exposures,” Nomura’s Charlie McElligott said Monday. The simple figure (below) is just 10-day realized with Charlie’s annotations.

116 Replies 12 👍 8 🔥

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@HeyShoe #droscrew
recently

prob a good spot

50 Replies 9 👍 8 🔥

GM
@gman2 #ivtrades
recently

4475 tough spot

83 Replies 6 👍 12 🔥

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@DarkPoolAlgo #Dark Pool Charts
recently

yes you did of course you are soooo spot on.

55 Replies 15 👍 11 🔥

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@c4n #Crypto4Noobs
recently

Digital Asset Research: BTC Spot Price Discovery Update Q2 2020 https://www.coindesk.com/reports/digital-asset-research-btc-spot-price-discovery-update-q2-2020/

122 Replies 13 👍 12 🔥

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@c4n #Crypto4Noobs
recently

TokenInsight: 2020 Q3 Cryptocurrency Spot Exchange Industry Research Report https://www.coindesk.com/reports/tokeninsight-2020-q3-cryptocurrency-spot-exchange-industry-research-report/

92 Replies 8 👍 10 🔥

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@c4n #Crypto4Noobs
recently

Grayscale Reiterates Plans to Convert Bitcoin Trust to Spot ETF https://www.coindesk.com/markets/2021/10/17/grayscale-said-close-to-filing-to-convert-bitcoin-fund-into-spot-etf-cnbc-says/

43 Replies 14 👍 13 🔥

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@c4n #Crypto4Noobs
recently

TokenInsight: 2020 Q2 Cryptocurrency Spot Exchange Industry Research Report https://www.coindesk.com/reports/tokeninsight-2020-q2-cryptocurrency-spot-exchange-industry-research-report/

90 Replies 10 👍 7 🔥

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@c4n #Crypto4Noobs
recently

Grayscale Said Close to Filing to Convert Bitcoin Fund Into Spot ETF: CNBC https://www.coindesk.com/markets/2021/10/17/grayscale-said-close-to-filing-to-convert-bitcoin-fund-into-spot-etf-cnbc-says/

70 Replies 11 👍 6 🔥

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@c4n #Crypto4Noobs
recently

Grayscale Said Close to Filing to Convert Bitcoin Fund Into Spot ETF, CNBC Says https://www.coindesk.com/markets/2021/10/17/grayscale-said-close-to-filing-to-convert-bitcoin-fund-into-spot-etf-cnbc-says/

69 Replies 9 👍 6 🔥

CR
@Cryptrobi #BTC-ECHO
recently

danke für den tip...soviel ich weiss wird in der schweiz der betrag versteuert wo im spot ist

101 Replies 14 👍 11 🔥

HA
@Hanfred #BTC-ECHO
recently

Nein die ausschüttung erfolgt in seine normale spot wallet

113 Replies 11 👍 15 🔥

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@Cryptrobi #BTC-ECHO
recently

und diese ausschütung findet man quasi im spot earn

121 Replies 9 👍 12 🔥

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@HeyShoe #droscrew
recently

$FOUR in an interesting spot

120 Replies 15 👍 9 🔥

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@DarkPoolAlgo #Dark Pool Charts
recently

U.S. equity futures extended gains, looking to build on the upward momentum Thursday as corporate earnings and improving sentiment offset persistent concerns that inflation will continue to weigh on markets over the months ahead. It was a stellar performance for U.S. stocks on Thursday as all eleven S&P 500 Index sectors advanced in a rally led by materials and technology following better-than-expected corporate earnings, slightly lower than expected inflation data and lower-than-forecast jobless claims, The easing in producer price inflation added to the market “risk-taking”, sending the yield on the 10-year Treasury as low as 1.505%. The dollar pared losses while commodities and precious metals gained. When it was all over, the S&P 500 closed up 1.7% for its biggest gain in 7-months (up about 18% in 2021, and it is down just over 2% from its Sept. 2 record high close) and on the verge of moving back above its 50-DMA (stands at 4,436). The Nasdaq Composite rose 1.73%, its largest % gain since May 20th and the Dow with its biggest % jump since July 20th (+1.56%). Fear continues to disappear as the CBOE volatility index (VIX) closed down 1.78 points at 16.86, for its lowest closing level since September 3rd. A busy morning ahead of for economic data with Empire manufacturing retail sales, import data and confidence readings all expected. Overseas, European stocks are on pace for their best week in seven months, while Japan’s Nikkei 225 closed at a two-week high. The Nikkei Index jumped 517 points (1.81%) to settle at 29,068, the Shanghai Index rose 14 points to 3,572, and the Hang Seng Index advanced 368 points to 25,330. In Europe, the German DAX gains 0.25% to move above 15,500, while the FTSE 100 rises 0.3% to 7,225. Bitcoin prices looking to end the week near its best levels since May, topping the $59,000 level, picking up momentum in October as prices are up roughly $18,000 in the first two-weeks of the month. Bloomberg reported overnight that the SEC is set to approve the first set of exchange traded funds linked to the world’s biggest cryptocurrency. Market Closing Prices Yesterday · The S&P 500 Index spiked 74.46 points, or 1.71%, to 4,438.26 · The Dow Jones Industrial Average rose 534.75 points, or 1.56%, to 34,912.56 · The Nasdaq Composite surged 251.79 points, or 1.73%, to 14,823.43 · The Russell 2000 Index advanced 32.21 points, or 1.44% to 2,274.18 Events Calendar for Today · 8:30 AM ET Empire Manufacturing Index for October…est. 27.0 · 8:30 AM ET Import Prices MoM for September…est. +0.6% · 8:30 AM ET Retail Sales MoM for September…est. (-0.2%) · 8:30 AM ET Retail Sales Ex Autos MoM for September…est. +0.5% · 10:00 AM ET Business Inventories MoM for August…est. +0.6% · 10:00 AM ET University of Michigan Confidence, Oct-P…est. 73.1 · 1:00 PM EST Baker Hughes Weekly rig count data Earnings Calendar: · Earnings Before the Open: BMI, $GS, JBHT, PLD, $PNC, $SCHW, SXT, TFC Sector News Breakdown Consumer · Corsair Gaming ($CRSR) sees 3Q revs about $391Mm vs est. $484Mm, cuts FY revs to $1.825-1.925B from $1.9B-$2.1B and vs est. $2.04B · Del Taco Restaurants ($TACO) 3Q adj EPS $0.11 vs est. $0.10 on revs $124.3Mm vs est. $124.9Mm, system comps +1.8% vs est. +2.4% (company +1.6% vs est. +2.38%) · Duckhorn Portfolio ($NAPA) 12M share Secondary priced at $20.50 · Sun Country Airlines ($SNCY) 8.5M share Secondary priced at $32.50 Energy, Industrials & Materials · Alcoa Corp. ($AA) another record quarter for net income; announces initiation of a quarterly cash dividend and a new $500 mln share repurchase program; Q3 adj EPS $2.05 vs. est. $1.71; Q3 sales $3.11B vs. est. $2.93B; 2021 shipment outlook for alumina and aluminum segments remains unchanged; anticipates continued positive financial results in q4 of 2021 · Boeing ($BA) former chief technical pilot was charged with fraud on Thursday for deceiving federal regulators evaluating the company’s 737 MAX jet, hindering the ability to protect airline passengers and leaving “pilots in the lurch,” the U.S. Justice Department said – Reuters · EOG Resources ($EOG) says for Q3 of 2021, anticipates a net loss of $494 mln on mark-to-market of its financial commodity derivative contracts · Virgin Galactic ($SPCE) plunges over -20%; begins planned vehicle enhancement and modification period; Unity 23 test flight rescheduled to follow completion of this program; says enhancement period about 1-month later than anticipated, and commercial service is now expected to commence in Q4 · Kosmos ($KOS) 37.5M share Secondary priced at $3.30 Financials · Discover Financial Services ($DFS) said credit card charge-off rate 1.01% at September end vs 1.14% at august end; credit card delinquency rate 0.95% at September end vs 0.92% at august end · Truist ($TFC) Q3 EPS adj $1.42 vs. est. $1.19; qtrly net interest income was down 0.4% compared to Q2 2021 and 3.8% compared to Q3 2020; Q3 revs $5.6B vs. est. $5.53B; provision for credit losses was a benefit of $324M for Q3, primarily reflecting an improving economic outlook Healthcare · Moderna ($MRNA) adding to yesterday gains after a panel of expert advisers to the U.S. FDA unanimously voted on Thursday to recommend booster shots of its COVID-19 to those age 65 and older and those at high risk of severe illness or occupational exposure to the virus · Hologic ($HOLX) announced that it has signed a definitive agreement to acquire Bolder Surgical, a privately held, U.S.-based company that provides advanced energy vessel sealing surgical devices, for approximately $160M · Neurix Therapeutics ($NRIX) 3Q EPS ($0.65) vs est. ($0.63) on revs $10.3Mm vs est. $8.5Mm · Johnson & Johnson ($JNJ) announces that LTL Management LLC, a newly created and separate subsidiary, established to hold and manage claims in the cosmetic talc litigation, has filed for voluntary Chapter 11 bankruptcy protection · MiNK Therapeutics ($INKT) 3.33M share IPO priced at $12.00 · Paragon 28 $(PNA) 7.813M share IPO priced at $16.00 Technology, Media & Telecom · Duck Creek Technologies ($DCT) Q4 non-GAAP EPS $0.02, in-line with ests; Q4 revs $70.9M vs. est. $69.1M; sees FY22 revs $292M-$300M vs. est. $303M; sees Q1 revs $68M-$70M vs. est. $68.7M · Adtran ($ADTN) guides Q3 revenue $138M below consensus of $148.9M; sees Q3 gross margin at 34.6 and operating loss of $2.6M · Paltalk ($PALT) 1.35M share Spot Secondary priced at $7.50

104 Replies 9 👍 7 🔥

TR
@trademaster #TradeHouses
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By Chen Aizhu, Jessica Jaganathan and Scott DiSavino SINGAPORE/NEW YORK (Reuters) - Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the country's fuel security, several sources said. At least five Chinese firms, including state major Sinopec (NYSE:SHI) Corp and China National Offshore Oil Company (CNOOC (NYSE:CEO)) and local government-backed energy distributors like Zhejiang Energy, are in discussions with U.S. exporters, mainly Cheniere Energy (NYSE:LNG) and Venture Global, the sources told Reuters. The discussions could lead to deals worth tens of billions of dollars that would mark a surge in China's LNG imports from the United States. At the height of Sino-U.S. trade war in 2019, gas trade briefly came to a standstill. Talks with U.S. suppliers began early this year but speeded up in recent months amid one of the biggest power-generating, heating fuel crunch in decades. Natural gas prices in Asia have jumped more than fivefold this year, sparking fears of power shortages in the winter. "Companies faced a supply gap (for winter) and surging prices. Talks really picked up since August when spot prices touched $15/mmbtu", said a Beijing-based senior industry source briefed on the talks. Another Beijing-based source said: "After experiencing the recent massive market volatility, some buyers were regretting that they didn't sign enough long-term supplies." Sources expected fresh deals to be announced over the coming few months, after privately controlled ENN Natural Gas Co,, headed by the ex-LNG chief of China's largest buyer, CNOOC, announced a 13-year deal with Cheniere on Monday. It was the first major U.S.-China LNG deal since 2018. The new purchases will also cement China's position as the world's top LNG buyer, taking over from Japan this year. "As state-owned enterprises, companies are all under pressure to keep security of supply and the recent price trend has deeply changed the image of long-term supplies in the mind of leadership," said the first Beijing-based trader. "People may have taken the spot (market) as the key in the past, but are now realizing that long-term cargoes are the backbone." CHEAPER U.S. GAS The sources declined to be named as the negotiations are private. Sinopec declined comment. CNOOC and Zhejiang Energy did not immediately respond to requests for comment. Venture Global declined comment. Cheniere did not immediately respond to a request for comment. "We expect more deals to be signed before year-end. It's primarily driven by the global energy crunch and prices we're seeing now... U.S. supplies now stand out as attractive," said a third Beijing source briefed on the talks. U.S. cargoes used to be expensive versus oil-linked supplies from Qatar and Australia for example, but are cheaper now. A deal at $2.50 + 115% of Henry Hub futures, similar to ENN's deal according to traders, would be roughly about $9-$10 per million British thermal units (mmBtu) on a delivered basis into Northeast Asia. This includes an average shipping cost of $2 per mmBtu for the U.S.-China route. Jason Feer, global head of business intelligence with consultancy Poten & Partners said Chinese companies are heavily exposed to Brent-related pricing for LNG and the U.S. purchases give some diversity to the pricing. Asian spot gas prices are now at a near record at over $30 per mmBtu. Long-term LNG deals linked to oil prices work out to about $10-11 per mmBtu, though both calculations vary according to liquefaction costs, premiums and assumption of forward oil and gas prices. Chinese buyers are scouting for both near-term shipments to cover demand this winter and long-term imports as demand for gas, seen by Beijing a key bridge fuel before reaching its 2060 carbon-neutral goal, is set for steady growth through 2035. It's hard to estimate a total volume of the deals being discussed, sources said, but Sinopec alone could be eyeing 4 million tonnes annually as the company is most exposed to the spot market versus domestic rivals PetroChina and CNOOC, said a third source. Traders said Sinopec is in final talks with 3 to 4 companies to buy 1 million tonnes a year for 10 years, starting from 2023, and is looking for U.S. volumes as part of the requirement. Delays in LNG export projects in Canada, in which PetroChina owns a stake, and Mozambique, where both PetroChina and CNOOC have invested, also made U.S. supplies attractive, sources added. North American LNG exporters have been adding to capacity because of demand in major Asian economies. Cheniere, the largest exporter out of the United States, said in late September it expects to announce "a number of other transactions" that will support their going forward with the Corpus Stage 3 expansion next year. Venture Global is building or developing over 50 million tonnes per annum (MTPA) of LNG production capacity in Louisiana, including the 10-MTPA Calcasieu, which is expected to cost around $4.5 billion and start producing LNG in test mode in late 2021. However, some buyers remained cautious. "There is a lot of hype in the market and nobody knows for sure how long this supply crunch would last. For companies that do not have fresh demand in the next year or two, it's better to wait," said a separate Chinese importer.

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JK
@jkchtrades #Dark Pool Charts
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awsome brother > @Laz305 said: dude SPOT was WORSE!!! i got out at $600+ and 1 second later not even being dramatic it TOOK A SHIT! and fell off hard. thank for it recovered now but I know other were pissed off

42 Replies 9 👍 7 🔥

LA
@Laz305 #Dark Pool Charts
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dude SPOT was WORSE!!! i got out at $600+ and 1 second later not even being dramatic it TOOK A SHIT! and fell off hard. thank for it recovered now but I know other were pissed off

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@HeyShoe #droscrew
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the 100DTE strangles are sweet spot

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@RedSunCap #droscrew
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so it puts him in a tough spot im sure

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@DarkPoolAlgo #Dark Pool Charts
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$SPOT - algo needs to turn around @laz305

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@DarkPoolAlgo #Dark Pool Charts
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Wednesday, October 13, 2021 Futures Up/Down % Last Dow 34.00 0.10% 34,295 S&P 500 5.75 0.14% 4,346 Nasdaq 61.75 0.42% 14,715 U.S. futures recover from overnight losses ahead of Dow component JPMorgan earnings and inflation data later this morning (CPI), reversing overnight losses despite weakness in Dow component Apple (AAPL), which is down about -0.5% after reports it expects to make 10 million fewer iPhone than planned and is poised to slash iPhone production goal due to chip crunch. Oil prices and Treasury yields decline, while gold rises ahead of a key reading of consumer price September inflation. Futures are getting a boost after better economic data in China as September exports rose 28.1% from last year as consumer demand outpace supply chain disruptions and power shortages, while last night’s passage of a debt ceiling extension by House lawmakers puts at least one market concern to the side until early December. In Asian markets, The Nikkei Index fell -90 points to 28,140, the Shanghai Index rose 14 points to 3,561 and the Hang Seng Index was closed. In Europe, the German DAX is up over 100 points to 15,250, while the FTSE 100 is slightly lower at 7,120. U.S. stocks ended lower following a choppy session on Tuesday, with investors nervous about upcoming third-quarter earnings reports. In addition to the CPI data, the Federal Reserve will release minutes from its last policy meeting, and investors are looking for further clues on when the central bank could begin tapering its bond-buying program. Market Closing Prices Yesterday The S&P 500 Index dropped -10.54 points, or 0.24%, to 4,350.65 The Dow Jones Industrial Average fell -117.72 points, or 0.34%, to 34,378.34 The Nasdaq Composite slipped -20.28 points, or 0.14%, to 14,465.92 The Russell 2000 Index advanced 13.63 points, or 0.61% to 2,234.27 Events Calendar for Today 7:00 AM ET MBA Mortgage Applications Data 8:30 AM ET Consumer Price Index (CPI) Headline MoM for September…est. +0.3% 8:30 AM ET CPI Core: Ex Food & Energy MoM for September…est. +0.2% 8:30 AM ET Consumer Price Index (CPI) Headline YoY for September…est. +5.3% 8:30 AM ET CPI Core: Ex Food & Energy YoY for September…est.+4.0% 10:30 AM ET Weekly DOE Inventory Data 4:30 PM ET API Weekly Inventory Data Earnings Calendar: Earnings Before the Open: AYR, BLK, DAL, JPM, SOTK Earnings After the Close: ETWO, ODC Other Key Events: China CPI, PPO for September Macro Up/Down Last Nymex -0.56 80.08 Brent -0.60 82.82 Gold 11.60 1,772.80 EUR/USD 0.0034 1.1562 JPY/USD -0.04 113.56 10-Year Note -0.015 1.565% World News China September exports rose1% from last year as consumer demand outpace supply chain disruptions and power shortages Japanese Core Machine Orders (M/M) Aug: -2.4% (exp 1.4%; previous 0.9%); Core Machine Orders (Y/Y) Aug: 17.0% (exp 13.9%; previous 11.1%) The House on Tuesday voted along party lines to raise the U.S. borrowing limit into December, as Democratic lawmakers wrestled with how to set a new ceiling for U.S. debt later this year over Republican resistance. Sector News Breakdown Consumer Duckhorn Portfolio Inc ($NAPA) said selling stockholders are offering 12 mln shares of common stock Monster Beverage ($MNST) downgraded to Hold from Buy at Jefferies Energy, Industrials and Materials International Paper ($IP) announces up to $2B share repurchase program Boeing ($BA) is the latest federal contractor to mandate COVID-19 vaccinations for all employees by December 8 under the Biden administration’s new rules saying its 125K U.S. employees must show proof of vaccination or have an approved religious or medical exemption by the deadline. Yesterday, Chicago soybean futures fell to the lowest level in nearly a year following a U.S. Department of Agriculture report that showed larger than expected yields of soybeans and corn; the USDA showed an uptick of nearly 100M bushels to U.S. corn ending stocks Glencore Plc ($GLNCY) said that it had reached an agreement to sell its zinc business in Bolivia to Canada’s Santa Cruz Silver Mining for some $110M Rattler Midstream LP ($RTLR), a subsidiary of Diamondback Energy, Inc. (FANG) announces strategic midland basin gas gathering & processing joint venture; invested approximately $104 mln in cash to acquire a minority interest in joint venture Vistra ($VST) announces $2 billion share repurchase program Gran Tierra Energy Inc. ($GTE) said that Q3 production grew 53% and that it expects the gains to continue in Q4; said it has produced an average of 28,957 barrels of oil a day in the quarter, compared with 18,944 barrels a day in the prior year period and 23,035 barrels a day QoQ Greenbrier ($GBX) announced the acquisition of more than 3,600 railcars, a portion of which will be held in GBX Leasing Financials BlackRock ($BLK) Q3 adj EPS $10.95 vs. est. $9.35; Q3 revs $5.05B vs. est. $4.9B; qtrly long-term net inflows of $98 billion; assets under management at qtr-end were $9.46 trillion vs $7.81 trillion at end of Q3 AvidXchange ($AVDX)64M share IPO price $25.00 AllianceBernstein L.P. ($AB) preliminary assets under management decreased to $742 billion during September 2021 from $761B at the end of August. Firmwide net inflows were outweighed by market depreciation, resulting in a 2% decline in AUM. In the month of September, net inflows to Retail and Private Wealth were partially offset by net outflows from Institutions. Ellington Financial Inc ($EFC) commenced an underwritten public offering of 5 mln shares of common stock RenaissanceRe Holdings Ltd. ($RNR) estimates that losses from certain 2021 catastrophe events will have a net negative impact of approximately $725 million on the Company’s Q3 results of operations Manning & Napier ($MN) preliminary assets under management (AUM) of $22B for September, compared with $22.7B as of Aug.31. Healthcare Sarepta ($SRPT) announces $500M common stock offering and guiding Q3 revs about $166.9M vs. est. $172M; had approximately $1.6 bln in cash, cash equivalents and investments as of September 30, 2021 CRISPR Therapeutics ($CRSP) shares slipped after announcing updated results from the company’s early-stage trial of its CAR-T cell therapy CTX110 as two patients in the phase 1 trial experienced Grade 3 or higher infections, with one patient having HHV-6 encephalitis, and another developing pseudomonal sepsis that resolved in four days. CytoSorbents ($CTSO) receives full FDA investigational device exemption approval to begin U.S. star-d trial on apixaban and rivaroxaban removal by the DrugSorb-ATR™ antithrombotic removal system during urgent cardiothoracic surgery Homology Medicines ($FIXX) announced the pheEDIT Phase 1 clinical trial for HMI-103, a one-time, in vivo product candidate that utilizes a gene editing approach for phenylketonuria, or PKU, based on the investigational new drug application, or IND, clearance from the FDA Apollo EndoSurgery ($APEN)4M share Spot Secondary priced at $7.75 Bicycle Therapeutics ($BCYC)24M share Secondary priced at $54.00 Relay Therapeutics ($RLAY)21M share Secondary priced at $26.50 Biogen ($BIIB) announces results of a new analysis of immune response to the COVID-19 vaccine among people with multiple sclerosis (MS). Teva Pharmaceuticals Europe BV, a European affiliate of Teva ($TEVA) presents new analyses of the COBRA study, which concluded no evidence was found to suggest that infants were adversely affected by maternal exposure to glatiramer acetate (GA) during pregnancy and breastfeeding with use of COPAXONE Technology, Media & Telecom Apple ($AAPL) suppliers Broadcom ($AVGO), Texas Instruments ($TXN) struggling to deliver enough chips; Apple expects to make 10 million fewer iPhone than planned and is poised to slash iPhone production goal due to chip crunch – Bloomberg (watch shares of $AAPL suppliers including $CRUS, $QRVO, $STM, $AVGO, $SWKS) SAP AG ($SAP) raised its 2021 projections for non-IFRS cloud revenue at constant currencies to range from EUR9.4B to EUR9.6B, up from its earlier view of EUR9.3 billion and EUR9.5 billion; also boosts cloud and software revenue at constant currencies view to EUR23.8 billion to EUR24.2 billion from its earlier view of EUR23.6 billion to EUR24 billion. Qualcomm ($QCOM) announces new $10.0 billion stock repurchase authorization IAC Inc. ($IAC) reports September Angi Inc. total revenue up 18% from last year with Dotdash revenue up 25%, and its Search business revenue up 74% from last year and Emerging & Other revenue was up 33% from last year Vimeo Inc ($VMEO) total revenue for September 2021 up 33%; subscribers for September 2021 up 14%; ARPU for September 2021 up 16% Smart Global Holding ($SGH) Q4 adj EPS $2.16 vs. est. $1.60; Q4 revs $467.7M vs. est. $461.3M; sees Q1 adj EPS $1.80-$2.20 vs. est. $1.49; sees Q1 revenue $440M-$480M vs. est. $458.55M; GAAP gross margin of 25.2%, up 620 basis points versus the year ago quarter and non-GAAP gross margin of 26.4%, up 690 basis points versus the year ago quarter VOXX International ($VOXX) 2Q EPS $0.01 vs est. $0.07 on sales $143.1Mm vs est. $134.4Mm

139 Replies 11 👍 8 🔥

SA
@saeedte #StockTraders.NET
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$ANY might be a good spot to add

140 Replies 9 👍 12 🔥

TR
@trademaster #TradeHouses
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By Julie Zhu HONG KONG (Reuters) -Asian shares dropped and Treasury yields held firm on Tuesday, as a global energy crunch fuelled inflation fears and concerns about Evergrande's debt problems intensified, clouding investor sentiment before the U.S. corporate earnings season. China Evergrande Group on Tuesday missed its third round of bond coupon payments in three weeks, intensifying market fears over contagion involving other property developers as a wall of debt payment obligations come due in the near-term. Evergrande's debt troubles have sent shockwaves across global markets in recent months. European markets appeared set for a lower open with pan-regional Euro Stoxx 50 futures down 0.73% and London's FTSE futures falling 0.55%. U.S. stock futures, the S&P 500 e-minis, shed 0.33%. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.9%, while Chinese stocks also fell. "Many in the market are currently in the wait-and-see mode," said Zhang Zihua, chief investment officer at Beijing Yunyi Asset Management. "Investors are eagerly watching if there will be any measures from Beijing to help solve Evergrande's debt problem, which would need comprehensive plans." Reuters reported earlier that some bondholders said they did not receive coupon payments totalling $148 million on Evergrande's April 2022, April 2023 and April 2024 notes due by 0400 GMT on Tuesday. Rivals Modern Land and Sinic Holdings also became the latest developers scrambling to delay bond payment deadlines. China's blue-chip CSI300 index fell 1.52%, while the coal sub-index dropped 3.8% amid government efforts to urge firms to increase output. In Hong Kong, the Hang Seng index fell 1.3%, dragged by tech giants. Elswhere in Asia, Australian shares slipped 0.26% while Japan's Nikkei stock index slid 0.79%. On Monday, Wall Street's main indexes ended a choppy session lower as investors grew nervous ahead of the third-quarter earnings reporting season, set to kick off with JPMorgan Chase & Co (NYSE:JPM) results on Wednesday. Some analysts expect companies to report slowing growth due to supply-chain snags and rising prices. They warned that this could lead to a drop in U.S. stocks. JPMorgan shares were down 2.1% and among the biggest drags on the S&P 500, which lost 0.69% to 4,361.19. The Dow Jones Industrial Average fell 0.72% while the Nasdaq Composite dropped 0.64%. After U.S. data last week showed weaker jobs growth than expected in September, the focus now shifts to inflation and retail sales numbers this week. "Economies appear to be entering a more challenging phase of the cycle and we think investors and corporates will be monitoring how the economic data and earnings results fall before making assessments of near term direction," ANZ analysts said in a note. Investors also expect the Federal Reserve to begin tightening policy by announcing a tapering of its massive bond-buying next month. The prospect of accelerating inflation and tighter monetary policy lifted bond yields. The yield on benchmark 10-year Treasury notes climbed to 1.6137% while the two-year yield also rose to 0.3499%. The dollar index, which tracks the greenback against a basket of currencies of other major trading partners, was down at 94.308. Gold, usually seen as a hedge against inflation, was slightly higher. Spot gold was traded at $1761.37 per ounce. [GOL/] Oil prices extended weeks of gains fuelled by a rebound in global demand that is contributing to energy shortages in economies from Europe to Asia. U.S. crude ticked up 0.32% to $80.78 a barrel. Brent crude rose to $83.98 per barrel.

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@dros #droscrew
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you know I got a soft spot for those little homies

129 Replies 12 👍 13 🔥

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@dros #droscrew
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look at that spot

83 Replies 15 👍 12 🔥

BA
@babyshark #marketassasins
recently

Spot on. > @marketjay said: Look at the chart closely and remember what we discussed heading into today, red candle next to it is todays current development

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@Pyrognosis #droscrew
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US equities accelerated higher Thursday morning following a deal between Mitch McConnell and Democrats. The debt ceiling can was kicked to December, when it’ll be reargued. The stage is set for a possible resumption of the virtuous loop. Although at least one bank was quick to suggest that dip-buying “failed” this time around, that assertion won’t hold if stocks manage to make new highs in relatively short order. A resumption of familiar dynamics could very well get us there. McElligott on Thursday cited the “delta positive dynamics of hedge monetization, resumption of Vol selling, and downside puts going OTM” as factors which can “further feed the virtuous cycle where rVol resets lower, and leads to lagged re-allocation / re-leveraging thereafter from systematic Risk Control and Target Vol strats.” Meanwhile, call skews are back from the dead, suggesting some folks are going on offense — if tentatively and with the caveat that the usual list of downside metrics still exhibit extreme historical ranks. Speaking to the “crash-up” accelerants, Charlie wrote Thursday that the big move in spot flipped the gamma profile in SPX/SPY, or at least brought it near neutral (figure below). QQQ was “finally nearing long Gamma ‘insulation’ again” as well, with $366.52 the level to clear.

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@RedSunCap #droscrew
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nice call JP i like > @JPwhoisbrown said: VEEV at a good spot

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@JPwhoisbrown #droscrew
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VEEV at a good spot

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@maletone #StockTraders.NET
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nice cover spot on $BBIG

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@DarkPoolAlgo #Dark Pool Charts
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@everyone U.S. equity futures extend yesterday’s rally amid apparent progress on the debt-ceiling impasse in Washington, while in Europe, natural gas prices and power fell after Russia offered to ease Europe’s energy crisis as U.S. stocks are looking at a stronger open. Yesterday, the S&P 500 erased a -1.3% loss in its biggest reversal since February to settle modestly higher as investors grew more optimistic that congressional Democrats and Republicans could reach a deal to avert a government debt default with October 18th, the date Treasury Secretary Janet Yellen has estimated the government will run out of money and not be able to service its existing debts, if the ceiling remains in place. China markets and U.S. listed Chinese stocks (BABA, BIDU, JD) are rising as President Biden and his Chinese counterpart Xi Jinping agreed to hold a virtual summit by the end of the year. Late yesterday, top U.S. Senate Republican Mitch McConnell said his party would support an extension of the federal debt ceiling into December. The offer could provide an off-ramp to a months-long standoff between President Joe Biden’s Democrats and McConnell’s Republicans, who had been expected on Wednesday to block a third attempt by Senate Democrats to raise the $28.4 trillion debt ceiling. In Asian markets, The Nikkei Index rose 149 points to 27,678, the Shanghai Index remained closed for its Golden Week holiday, and the Hang Seng Index surged 735 points, or over 3% to settle at 24,701. The picture remains bright in Europe as well with the German DAX up 175 points to 15,150 and the FTSE 100 rising 67 points or nearly 1% to 7,060. The monthly nonfarm payroll report also in focus tomorrow. Market Closing Prices Yesterday · The S&P 500 Index gained 6.51 points, or 0.15%, to 4,363.55 · The Dow Jones Industrial Average rose 90.49 points, or 0.26%, to 34,416.99 · The Nasdaq Composite dropped -64.79 points, or 0.44%, to 14,501.91 · The Russell 2000 Index declined -26.67 points, or 1.19% to 2,214.96 Events Calendar for Today · 7:30 AM ET Challenger Layoffs for Sept · 8:30 AM ET Weekly Jobless Claims · 8:30 AM EST Continuing Claims · 10:30 AM ET Weekly EIA Natural Gas Inventory Data · 3:00 AM ET Consumer Credit for Aug Earnings Calendar: · Earnings Before the Open: CAG, HELE, LW · Earnings After the Close: ACCD Other Key Events: · China’s Caixin Services PMI for Sept · Piper Global Chemicals M&A Conference (virtual), 10/7 · International Conference on Molecular Targets & Cancer Therapeutics (virtual), 10/7-10/10 Consumer · Costco ($COST) reported net sales of $19.50 billion for the retail month of September, the five weeks ended October 3, 2021, an increase of 15.8% from $16.84 billion last year; Total Company Comparable Sales rose 14.3%, Sept E-Commerce Sales rose 10.6%, Sept total co. Comparable Sales ex-impacts of gas prices, foreign exchange rose 9.4% and Sept E-Commerce sales ex-impacts of gas prices, foreign exchange rose 9.6% · Levi Strauss ($LEVI) Q3 EPS $0.48 vs. est. $0.37; Q3 revs up 41% YoY to $1.5B vs. est. $1.48B; authorizes $200M share buyback; qtrly gross margin was 57.6% of net revenues, up from 54.3%; said qtrly DTC net revenues increased 34% due to increased revenues from our company-operated stores; sees 4q net rev growth 20-21% YoY · Resources Connection ($RGP) Q1 EPS $0.43 vs. est. $0.25; Q1 revs $183.1M vs. est. $175.7M; sees Q2 revs $186M-$190M vs. est. $176.9M · Carnival Cruise Line ($CCL) announced plans for more ship restarts for January and February, as it works towards the return of its full fleet sailing from U.S. homeports in the spring of 2022 · Life Time Group ($LTH) 39M share IPO priced at $18.00 Energy, Industrials and Materials · Crude futures extend Wednesday’s slump. WTI drops as much as 3.2% before recovering near $75.80. Brent follows similar price action, settling just shy of the $80 mark. · Emerson Electric Co ($EMR) is in talks to merge its software assets with industrial software company Aspen Technology Inc (AZPN), Bloomberg News reported on Wednesday, citing people with knowledge of the matter. https://bloom.bg/3AlySkj · U.S. Silica Holdings, Inc. ($SLCA) said to explore strategic alternatives for industrial & specialty products (ISP) segment · Rocket Lab USA ($RKLB) announced that it has been selected to launch NASA’s Advanced Composite Solar Sail System on the Electron launch vehicle. Financials · Chubb ltd ($CB) files mixed securities shelf · Credit Acceptance ($CACC) increased the size of its revolving secured line of credit facility from $340M to $385M · Realogy ($RLGY) forms strategic joint venture with Centerbridge Partners to accelerate growth of title insurance underwriter; Centerbridge to purchase controlling interest of Realogy’s title insurance underwriter for $210M in cash · RLI Corp. ($RLI) announced an estimated range of pretax catastrophe losses of $30M-$35M, net of reinsurance, in Q3 Healthcare · Denali Therapeutic ($DNLI) announced positive Phase 1 clinical results and regulatory progress for two investigational small molecule therapeutics in development for the treatment of amyotrophic lateral sclerosis, ALS, at the 2021 Annual Northeast ALS · SeaSpine Holdings Corp. ($SPNE) announced the successful completion of the first cases in both the United States and Australia for the 7D Percutaneous Spine Module · Moderna ($MRNA) announced it will build a mRNA facility in Africa with the goal of producing up to 500M doses of vaccines each year at the 50-microgram dose level; the company anticipates investing up to $500M in this new facility · Osmotica Pharmaceuticals ($OSMT) 14M share Spot Secondary priced at $2.50 · Theseus Pharmaceuticals ($THRX) 10M share IPO priced at $16.00 Technology, Media & Telecom · IAC/InterActiveCorp. ($IAC) has reached a roughly $2.7 billion deal to buy magazine publisher Meredith Corp. (MDP), with holders to receive $42.18 per share in an all-cash deal. As a result of the deal, Meredith will become part of DotDash, IAC’s digital-publishing division. · Dutch antitrust authority finds Apple ($AAPL) in-app payment system anti-competitive – Reuters reports citing sources; Dutch authority has ordered apple to change app store practices; Apple has appealed to Dutch court to block publication of regulatory decision · Alibaba ($BABA), Baidu ($BIDU), NetEase ($NTES), Didi Global ($DIDI) among U.S.-listed Chinese stocks rising as concerns around U.S/China trade relations and Evergrande’s debt crisis appeared to ease. Fund giant Fidelity is putting money back into Chinese stocks and thinks the recent “indiscriminate” selling caused by the debt crisis at property giant Evergrande is presenting opportunities in the country’s beaten up bond markets. Reuters reported. “There are companies that have seen good haircuts on their debt that are not justified,” Fidelity’s global Chief Investment Officer Andrew McCaffery said during a roundtable, adding that some other parts of Asia had also been impacted. · Twitter, Inc. ($TWTR) to sell MoPub to AppLovin Corp. (APP), a leading marketing software company, for $1.05 billion in cash. The transaction will enable Twitter to accelerate the development of owned and operated revenue products and drive growth · Citrix Systems Inc ($CTXS) said David j. Henshall steps down as president, chief executive officer and member of board of directors and Bob Calderoni appointed interim president and chief executive officer; sees Q3 revenue at midpoint to high end of guidance range of $765M-$775M vs. est. $778M

51 Replies 15 👍 14 🔥

TR
@trademaster #TradeHouses
recently

By Alun John HONG KONG (Reuters) - Asian shares rallied on Thursday, supported by a possible easing in U.S.-China tensions, and weaker energy prices, as oil edged down from multi-year highs. U.S. and European futures also bounced with S&P 500 futures rising 0.52%, and pan-region Euro Stoxx 50 futures gaining 1.23% in early trade a day after the Euro STOXX 600 index dropped 1.03% MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.45%, which if it holds, would be the benchmark's best daily performance since August. Hong Kong led Asia's gains. The index rose 2.41%, bouncing from its lowest close in 12 months, and was headed towards its best day since August, though analysts remained cautious. "It's too early to say this is part of a turnaround. Today there seems to be some bottom fishing and short covering going on, and also a possible meeting between President Xi Jinping and President Joe Biden is helping the mood," said Steven Leung executive director for institutional sales at UOB Kay Hian in Hong Kong. The United States and China have agreed in principle for their presidents to hold a virtual meeting before the end of the year, a senior U.S. administration official said on Wednesday. Elsewhere, South Korea's Kospi gained 1.6%, Australian shares rose 0.51%, and Japan's Nikkei firmed 0.72%, snapping eight days of losses. However, there were still reasons for caution around the region, especially with China on holiday, seemingly contributing to a delay in progress towards any resolution for beleaguered developer China Evergrande. Carlos Casanova, senior Asia economist at UBP, said there were ongoing concerns about China's power crunch and its property market, given the government did not seem to in a hurry to step in even as debt problems at Evergrande threatened to spill over into the wider industry. "There is contagion into the broader real estate sector, authorities are not doing more to intervene, and so investors are trying to assess what this new pain threshold means," he said. But he added that the improved mood in U.S.-China relations, especially the more constructive tone in the speech by trade chief Katherine Tai this week, had boosted risk sentiment. Also supporting equities, oil prices pulled away from multi-year highs hit a day earlier. An rally in oil prices had been a major contributor to a sell-off in equities this week. U.S. crude dipped 0.93% to $76.71 a barrel. Crude fell overnight after hitting a seven-year high of $79.78 on Wednesday on an unexpected rise in U.S. crude stocks. Brent crude lost 0.5% to $80.69 per barrel, off its three-year high of $83.47 also hit on Wednesday. [O/R] European and U.S. natural gas prices also both slipped over 10% overnight in volatile trade. European prices had hit all-time highs early on Wednesday amid an enduring supply crunch. The recent surge in global gas prices – that have helped lift Asian LNG prices by 500% from a year ago – have left the entire energy area prone to increased volatility, with power producers in Europe and Asia still expected to replenish tight stocks ahead of winter. The fall in energy prices and apparent temporary deal to avert a federal debt default contributed to a late rally on Wall Street. Global markets will next focus on payrolls data due on Friday, with investors anticipating that a reasonable figure will mean the U.S. Federal Reserve will begin tapering its massive stimulus programme at its November meeting. The dollar was steady, not too far from 12-month highs hit last month against a basket of currencies, and held at a 14-month high against the euro. The yield on benchmark 10-year Treasury notes was at 1.5398%, off Wednesday's three and a half month high of 1.573%. Spot gold fell 0.2% to $1,759.89 per ounce.

92 Replies 15 👍 6 🔥

MA
@MaSk #robertrother
recently

Dito :D > @Naramis said: Ja genau. Ich hatte im Spot noch einen älteren Trade, der nun ausgecasht wurd, aber sonst sideline und warte auf Korrektur für Einstieg

61 Replies 9 👍 11 🔥

NA
@Naramis #robertrother
recently

Ja genau. Ich hatte im Spot noch einen älteren Trade, der nun ausgecasht wurd, aber sonst sideline und warte auf Korrektur für Einstieg

125 Replies 13 👍 15 🔥

TR
@trademaster #TradeHouses
recently

By Alun John HONG KONG (Reuters) - Asian shares dropped on Wednesday and U.S. benchmark yields rose to a three-and-a-half month top as investors stayed jittery about inflation with oil prices reaching new multi-year highs. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3%, while Japan's Nikkei lost 0.69%. Futures also pointed to a lower open in Europe with the pan-region Euro Stoxx 50 futures off 0.72% in early trade and FTSE futures down 0.6%. U.S. stock futures, the S&P 500 e-minis shed 0.4%. U.S. crude rose 0.24% to $79.11 a barrel, its highest level since 2014. Brent crude gained 0.3% to $82.80 per barrel, having hit a three-year high in the previous session, driven by concerns about energy supply and a decision on Monday by the OPEC+ group of producers to stick to a planned output increase rather than raising it further. [O/R] "OPEC’s outlook suggests further reductions in global oil stockpiles. That’s a problem given that oil inventories are already low," wrote analysts at CBA in a note. These worries have also weighed on equity markets, with investors concerned that higher energy prices could force central banks to raise rates more quickly to react to rising inflation. "Oil needs to come off a bit," said Dave Wang, a portfolio manager at Nuvest Capital in Singapore. "A further spike in oil will force everyone to reassess inflation assumptions." Korea fell 0.99%, Australia 0.8%, and Hong Kong 0.3%. New Zealand's central bank raised interest rates by 25 basis points. Although widely expected, the move still pushed the New Zealand dollar about 0.1% higher, before falling 0.45%, and also seemed to affect wider equity markets. Investors' inflation worries also drove a sell-off in longer-dated U.S. Treasuries. Benchmark 10-year yields rose 4.5 basis points to 1.573% during the Asia session, having climbed nearly 11 bps in three days. They were last at 1.5694%. Yields on 20-year and 30-year Treasuries also jumped five bps or more to their highest since June. [US/] Chinese markets remained closed for a public holiday, and shares of cash-strapped Chinese developer China Evergrande were suspended having stopped trading on Monday pending an announcement of a significant transaction. In currency markets, the dollar gained slightly against a basket of other major currencies, supported by the rising yields, and was heading back towards a year high hit last month. The euro stayed near its 14-month low struck last week. Spot gold shed 0.48% to $1751.4 an ounce, with the non-interest bearing asset hurt by higher yields. [GOL/]

44 Replies 6 👍 12 🔥

profile
@maletone #StockTraders.NET
recently

but make sure you have a godd cover spot if you are worong

47 Replies 6 👍 9 🔥

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