Tweet of the Day (Part Deux)
Multi decade low in the S&P dividend yield at 1.1%.
If dividends account for about 30% of total S and P returns – doesnt this correlate with substandard returns:
Positions: None.
Adding to MSOS, GTBIF
Adding to $MSOS $5.10 and $GTBIF $7.70 now.
Positions Long MSOS common VL calls S GTBIF S
My Tweet of the Day
Positions: None.
Tweet of the Day
Positions: None
More on Market Breadth
Positions: None.
Upside, Downside Movers in the Morning
Upside
– $KOD +60% (pivotal Phase 3 DAYBREAK wet-AMD trial met its primary noninferiority endpoints, with most patients reaching a 24-week dosing interval)
– $ARAY +39% (agrees to explore integrating Samsung NeuroLogica volumetric imaging technology with the CyberKnife platform)
– $MEDS +28% (launches a GLP-1 care app offering telehealth consultations and access to branded medications)
– $WBUY +27% (first-half revenue nearly doubled, gross profit rose 132% and the net loss narrowed)
– $MTEK +21% (receives a record $10 million order for advanced video systems on next-generation airborne defense platforms)
– $AMPX +12% (wins a Defense Department grant of up to $75 million for domestic high-energy-density battery production, with about $22 million obligated initially)
– $SRFM +7.1% (selected as a participating airspace user in the FAA SMART program)
– $NTES +4.6% (no clear fresh catalyst identified; unusually large, liquid premarket move)
– $SM +2.6%, FRO +2.9%, APA +2.5%, OXY +1.7%, XOM +1.5%, CVX +1.5% (energy names rise as crude advances after the US rejected Iran’s conditions for reopening the Strait of Hormuz)
– $CF +2.4% (Rothschild Redburn upgrades to Neutral from Sell, citing a tighter nitrogen-market outlook)
Downside
– $GFI -13% (confirms a rejected A$27-per-share cash-and-stock proposal for Northern Star that would leave target holders owning about 33% of the combined company)
– $MNOV -12% (Phase 2 trial failed to show a statistically significant triglyceride benefit versus placebo at Week 24)
– $AU -5.6%, AG -4.5%, CDE -5.1%, HL -4.9%, EGO -4.6%, NEM -4.0% (precious-metals miners fall as gold and silver tumble on a stronger dollar, rising yields and increased Fed rate-hike expectations)
– $FCX -3.3%, SCCO -3.4%, HBM -3.8% (base-metal miners fall as the stronger dollar and rising yields pressure commodity prices)
– $META -2.7% (pulls back after last week’s sharp AI-led rally as rising Treasury yields pressure megacap growth stocks)
– $BE -2.6%, GLW -2.0%, MOD -3.0% (data-center infrastructure names retreat in the higher-yield risk-off tape)
– $CRCL -2.0% (crypto-linked shares weaken as Bitcoin falls about 2%)
– $TTMI -1.8%, CRDO -2.5%, SKHY -3.3%, INTC -2.4%, ARM -2.1%, SNDK -2.7% (high-beta chip and memory names retreat as oil-driven inflation fears lift Treasury yields and pressure the Nasdaq tape)
From The Street of Dreams: PepsiCo Targets
We have been ahead of this, asĀ I have for a month or so expected disappointing results and guidance for $PEP.
I have recently begun to buy back the shares….
PepsiCo price target lowered to $133 from $145 at TD Cowen:Ā TD Cowen lowered the firm’s price target on PepsiCo to $133 from $145 and keeps a Hold rating on the shares. The firm is citing a Bloomberg article quoting a management spokesperson which indicates that the company will raise prices on chips, soda, and dips in 2027 to offset cost inflation, the analyst tells investors in a research note. The management’s shifting narrative on affordability and continued market share losses in the U.S. increases the risk profile for Pepsi in 2027, TD Cowen added.
PepsiCo downgraded to Hold from Buy at Deutsche Bank:Ā Deutsche Bank downgraded PepsiCo to Hold from Buy with a price target of $138, down from $155. The firm cites less certainty in PepsiCo’s strategic direction in North America for the downgrade. Deutsche has less conviction in the company’s ability to deliver a “durable recovery” in PepsiCo Foods North America. Many of PepsiCo’s initiatives “have produced mixed or fleeting benefits,” with PFNA still struggling to generate sustained improvement in consumption, organic growth, share, or operating leverage, the analyst tells investors in a research note. Deutsche cut its estimates for PepsiCo to reflect “lackluster” North American consumption and escalating cost pressures.
Long: PEPĀ S
Fed Speaks, Economics Calendar
Fed Speakers:
8:15 a.m.: Fed Vice Chair for Supervision Bowman (Voter) participates virtually in “Recent Developments in Bank Supervision and Regulation” discussion before the Military Banking Summit (No text. Q&A from moderator. Livestream available);
1:25 p.m.: Fed Board Governor Cook (Voter) speaks on “AI and Emerging Tech” before the Oakland Tech Week 2026, Oakland, CA (Text available. No Q&A);
1:30 p.m.: Fed Bank of Richmond President Barkin (Non-Voter) participates in fireside chat before the Working-Class Insights Forum, Middleburg, VA (NOTE: Barkin’s session is the only portion of the program that is open to media coverage)
Economic Calendar:
SOURCE: TipRanks