Warsh Remains Tight Lipped and the Market Likes That: 8 Key Items Shaping the Stock Market Friday
Netflix exec choice raises more questions, Anthropic’s shifting IPO valuation, and other headlines moving the market this morning.
Earnings to Come Thursday Afternoon and Friday AM
Following its mid-September warning that rising fuel and driver-related costs would pressure near-term profitability, I’ll be very interested in what JB Hunt ($JBHT) has to say about those pressures as it issues its guidance for the current quarter.
While diesel prices have ebbed lower from their September 22 high of $6.5276 per gallon per data from AAA, the current average price of $6.3173 is still up significantly compared to $3.65 this time last year.
I’ll also be interested in what JB Hunt has to say about capex spending for its truck fleet, especially given the forthcoming EPA emission mandate that will increase the cost per truck.
Position: None
PPI Shows Red Hot Inflation Pressure: 8 Key Items Shaping the Stock Market Thursday
September Retail Sales surprise to the upside, takeaways from Anthropic’s meeting, and other headlines moving the market this morning.
Weekly Roundup: Oil, Yields and AI Jitters Make for a Choppy Climb
We added to one holding while our concern for higher energy prices starts to play out.
September Monthly Roundup: 5 Focus Areas as Portfolio Keeps Its YTD Lead
We raised cash early, put some back to work late in the month, locked in gains on Meta and kicked off our quarterly EPS All-Stars reconstitution.
Despite Warnings, Tomorrow Won’t Bring the Market Bottom
An updated look at S&P 500 support levels as we stick to the sidelines.
Weekly Roundup: Waiting for the Market to Show Its Hand
During a volatile week, we updated the Portfolio’s shopping list, and locked in a sizable tech gain.
Flash PMI Signals Strong Economy, But Raises Inflation Worries
A pick up in jobs will keep the Fed focused on inflation, but the report is a flag for corporate margins and EPS.
Bearish Bets: 3 Stocks Getting Hammered With Little Chance to Recover
How to short three stocks that cannot keep up with a bullish market.
Weekly Roundup: September Is Living Up to Its Reputation
During the week of challenging developments, we refreshed out shopping list, exited one holding and added to four others.