- Stocks Telegraph
- Posts
- 02 Nov - NH - Morning Newsletter (with survey at top and bottom)
02 Nov - NH - Morning Newsletter (with survey at top and bottom)
4 Best Stocks to Trade Today
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!A marginal rise in stock futures was reported Wednesday as investors prepared for the Federal Reserve's latest policy decision.Nasdaq 100 futures and S&P 500 futures both traded 0.1% higher. There was just a 3 point increase in Dow Jones Industrial Average futures.In an attempt to combat high inflation, the Fed is widely expected to boost rates by 0.75 percentage points, its fourth such increase in a row. Also, participants in the market are hoping the central bank will slow its rate hikes come December.After mixed economic data is released on Tuesday, the central bank is expected to announce its decision.In October, the percentage of companies reporting expansion fell by 0.9 percentage points from September. In the meantime, for every worker available, JOLTS reports 1.9 job openings.Additionally, investors will be monitoring mortgage application data and ADP's employment report, both of which are due on Wednesday.Health-care companies such as CVS Health, Humana, and GlaxoSmithKline are scheduled to report earnings on Wednesday.
What Investors Don't Know: Communist China Could Profit Billions From The World "Going Green."
Who controls 80% of the works lithium supply (the most important metal for building EV batteries)? China! And if you're outraged by that fact, then you'll love hearing how this western company is fighting back…
Today Top Movers
Novo Nordisk A/S (NVO) stock soared 1.33% to $107.85 in the pre-market trading after reporting that its sales increased by 26% in Danish kroner and by 16% at constant exchange rates to DKK 128.9 billion in the first nine months of 2022.
LSI Industries Inc. (NASDAQ: LYTS) stock moved down -0.16 percent to $150.41 in the pre-market trading following the release of fiscal 2023 Q1 results and quarterly cash dividend.
Arcturus Therapeutics Holdings Inc. (ARCT) grew over 32.39% at $24.2 in pre-market trading today after announcing collaboration with CSL to develop and commercialize self-amplifying mRNA Vaccines.
Advanced Micro Devices Inc. (AMD), a Semiconductors company, rose about 4.24% at $62.19 in pre-market trading Wednesday. The company recently declared Q3 2022 financial results.
What the Penny?!
Low-priced, or "penny," stocks offer a great way to jump into the market regardless of the direction of the markets as a whole. And these six stocks are in an excellent position to deliver potential breakthroughs in the months ahead.
Top Upgrades & Downgrades
Baird turned bullish on Premier Inc. (PINC), upgrading the stock to "Outperform" from Neutral.
KKR & Co. Inc. (KKR) has won the favor of BofA's equity research team. The firm upgraded the shares from Neutral to Buy.
IPG Photonics Corporation (IPGP) received an upgrade from analysts at Raymond James. They changed their rating on IPGP to Market Perform from Underperform in a recently issued research note.
Earlier Wednesday Credit Suisse reduced its rating on Nasdaq Inc. (NDAQ) stock to Neutral from Outperform and assigned the price target to $57.
Deutsche Bank analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Abiomed Inc. (ABMD) has been changed to Hold from Buy and the new price target is set at $388.
Analysts at Wolfe Research downgraded Cleveland-Cliffs Inc. (CLF)'s stock to Underperform from Peer Perform Wednesday.
The new gold bull market is here. Since bottoming in August of 2018, gold has soared past $1,700 per ounce... $1,800 per ounce... And recently hit a new all-time high north $2,000 per ounce. As the economy continues to run abysmal, this could be the best moment in decades to own gold stocks. The bad news is there's still a TON of junk out there...
That's why we laid out
– to dissect the treasure from the trash.
Latest Insider Activity
Apple Inc. (AAPL) Senior Vice President, CFO Maestri Luca announced the sale of shares taking place on Oct 28 at $155.95 for some 176,299 shares. The total came to more than $27.49 million.
Exxon Mobil Corporation (XOM) Vice President Talley Darrin L sold on Oct 31 a total 2,500 shares at $110.47 on average. The insider’s sale generated proceeds of almost $276,182.
The Coca-Cola Company (KO) Director Allen Herbert A III declared the purchase of shares taking place on Oct 28 at $60.18 for some 33,200 shares. The transaction amount was around $2.0 million.
Arch Capital Group Ltd. (ACGL) Director Posner Brian S bought on Oct 28 a total 2,000 shares at $17.60 on average. The purchase cost the insider an estimated $35,200.
Forbes mag says this strategy "like finding money in the street"
And Reuters magazine calls this type of trading "the new baby boomer hobby." An anonymous trader -- living at the base of the Smoky Mountains -- just released a free report revealing a step-by-step system to generating an extra $5,000 per month in income thanks to this trading strategy. The report is free until Sunday.
Important Earnings
Top US earnings releases scheduled for today include CVS Health Corporation (NYSE: CVS). It will announce its Sep 2022 financial results. The company is expected to report earnings of $1.99 per share from revenues of $76.75B in the three-month period.
Analysts expect Humana Inc. (NYSE: HUM) to report a net income (adjusted) of $6.28 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2022 is predicted to come in at $22.76B.
The Estee Lauder Companies Inc. (EL), due to announce earnings before the market opens today, is expected to report earnings of $1.31 per share from revenues of $3.93B recently concluded three-month period.
That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team
P.S. Want my daily watchlists sent to your cell phone too? Just go HERE and join my text message list!
Wouldn’t it be great to have a personalized solution for your investing needs? We’re adding new sections to the morning newsletter with big implications. All you have to do is share your thought about the current newsletter. If you do that, we’ll do our best to take your feedback and make it a better experience for you.
We are asking for 1 minute of your time to answer 4 questions about your experience with our newsletter. We hope to use this information to create solutions that address exactly what you need!
Thank you for your continued support.
Disclaimer: Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.