Seeking Alpha’s Calls Of The Week
SPYI Vs. JEPI: One Of These ETFs Is Highly Overrated, The Other Is Reliable.
Excellent Entry Point – Amazon (AMZN) Stock Is Oversold, Time To Be Greedy.
Staples Back In Favor, PepsiCo’s (PEP) My Pick On Low-Risk Upside Potential.
Exxon Mobil (XOM) Is Overvalued, But I’m Upgrading On Technical Strength.
Churchill Downs (CHDN): The Legendary Racetrack Owner Continues Thriving.
Mattel (MAT) Has Good Long-Term Outlook, But Is A Short-Term Hold For Now.
Altria (MO) Is Technically Overbought, Temporary Near-Term Headwinds Likely.
Axon Enterprise (AXON): Robust Growth Potential, But Shares Are Overvalued.
I’m Bearish On Trade Desk (TTD) As Valuation Is Stretched, Growth Is Uncertain.
U.S. Global Jets ETF (JETS): It’s Time To Take Profits And Sell Airline Stocks.
Weekly Movement
U.S. Indices
Dow -3.1% to 41,488. S&P 500 -2.3% to 5,639. Nasdaq -2.4% to 17,754. Russell 2000 -1.7% to 2,041. CBOE Volatility Index -6.9% to 21.77.
S&P 500 Sectors
Consumer Staples -4.3%. Utilities +1.9%. Financials -1.3%. Telecom -3.5%. Healthcare -3%. Industrials -2.4%. Information Technology -2.1%. Materials -2.2%. Energy +2.6%. Consumer Discretionary -3.7%. Real Estate -2.6%.
World Indices
London -0.6% to 8,632. France -1.1% to 8,028. Germany -0.1% to 22,987. Japan +0.5% to 37,053. China +1.4% to 3,420. Hong Kong -1.1% to 23,960. India -0.7% to 73,829.
Commodities and Bonds
Crude Oil WTI +0.2% to $67.18/bbl. Gold +3% to $3,001.1/oz. Natural Gas -6.7% to 4.104. Ten-Year Bond Yield -0.2 bps to 4.318.
Forex and Cryptos
EUR/USD +0.43%. USD/JPY +0.4%. GBP/USD +0.09%. Bitcoin -2.%. Litecoin -9.8%. Ethereum -12.5%. XRP +5.7%.
Top S&P 500 Gainers
Intel (INTC) +17%. Super Micro Computer (SMCI) +10%. The AES Corporation (AES) +9%. ConocoPhillips (COP) +9%. Vistra (VST) +9%.
Top S&P 500 Losers
Teradyne (TER) -20%. Delta Air Lines (DAL) -12%. Adobe (ADBE) -12%. Expedia Group (EXPE) -12%. United Airlines Holdings (UAL) -11%.
Where will the markets be headed next week? Current trends and ideas? Add your thoughts to the comments section.
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