Sticking With This Ondas Price Target After Sales Guidance Update
The small-cap firm crushed expectations, though with some mixed results.
Tweet of the Morning…
Sarge says: Uh…. She knows that core CPI is already down to 2.5% and that restricting demand through interest rate hikes does nothing to solve a supply shock, right? Right???
Positions: none
July PPI
Headline: +0.0% m/m, below expectations for +0.2%. +4.7% y/y, below expectations for +4.9% 4.9%.
Core: +0.2% m/m, flat from June, below expectations for +0.3%. +4.2% y/y, in-line with expectations.
Positions: none
60 Minutes to Go…
S&P futures: +8 vs FV
Nasdaq Futures: +9 vs FV
US Ten-Year Note: 4.676%
US Two-Year Note: 4.193%
US 3-Month T-Bill: 3.797%
WTI Crude: -2.33%
US Dollar Index: -2.22%
Gold: -0.48%
Silver: -0.75%
Bitcoin: +0.23%
Positions: Long physical gold & silver
Mourner’s Kaddish (perhaps more fitting)
Translated from Hebrew to English
Exalted and hallowed be His great Name.
“Amen.”
Throughout the world which He has created according to His Will. May He establish His kingship, bring forth His redemption and hasten the coming of His Moshiach.
“Amen.”
In your lifetime and in your days and in the lifetime of the entire House of Israel, speedily and soon, and say, Amen.
“Amen. May His great Name be blessed forever and to all eternity, blessed.”
May His great Name be blessed forever and to all eternity. Blessed and praised, glorified, exalted and extolled, honored, adored and lauded be the Name of the Holy One, blessed be He.
“Amen.”
Beyond all the blessings, hymns, praises and consolations that are uttered in the world; and say, Amen.
“Amen.”
May there be abundant peace from heaven, and a good life for us and for all Israel; and say, Amen.
“Amen.”
He Who makes peace in His heavens, may He make peace for us and for all Israel; and say, Amen.
“Amen.”
Positions: none
MARKET RECON: Thursday
My daily Market Recon column has been published here at TheStreet Pro:
Something Cool for Summer | TheStreet Pro
Positions: Long LMT, RTX equity.
Two Hours To Go…
S&P futures: +9 vs FV
Nasdaq Futures: +40 vs FV
US Ten-Year Note: 4.675%
US Two-Year Note: 4.186%
US 3-Month T-Bill: 3.797%
WTI Crude: -2.33%
US Dollar Index: -0.12%
Gold: -0.41%
Silver: -0.88%
Bitcoin: +0.33%
Positions: Long physical gold & silver
Something Cool for Summer
Let’s dive into that that chilly CPI data, check the rate outlook now, and preview Lockheed Martin’s and RTX’s drone-busting tech.