27 Oct - Morning Newsletter (with changes)

Good Morning!

October 26 trading session at the main US stock markets ended in the green zone. The S&P 500 index grew by 0.18%, reaching 4574 points, Nasdaq and Dow Jones showed no pronounced dynamics, adding 0.06% and 0.04%, respectively. Growth companies looked slightly better than value companies. The leaders were the energy (+ 0.68%) and utilities (+ 0.45%) sectors. Industrial (-0.56%) and communications (-0, 48%) sectors.The consumer confidence index (CB) for October unexpectedly rose to 113.8 points against the forecast of 108.3, interrupting the decline that lasted three months in a row. New home sales in September also exceeded expectations, with house price increases slowing in August.US Treasury yields were mixed amid a flattening curve, despite favorable statistics. The yield on two-year terms increased by 2 bp to 0.45%, while the yield on ten-year terms decreased by the same amount and amounted to 1.62%. WTI crude oil futures added 1.1% to $ 84.65 per barrel.

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Today Top Movers

Farmmi Inc. (FAMI) stock soared 20.62% to $0.4282 in the pre-market trading. Farmmi showcased extensive product lines and cultivated sales at the major conference.

Enphase Energy Inc. (NASDAQ: ENPH) shares are trading up 14.12% at $197.95 at the time of writing after reporting financial results for the third quarter of 2021.

RISE Education Cayman Ltd (REDU) increased over 55.55% at $1.96 in pre-market trading today following the receipt of a preliminary non-binding proposal to acquire substantially all assets of the company,

China XD Plastics Company Limited (CXDC), a Auto Parts company, rose about 152.99% at $1.48 in pre-market trading Wednesday. The company develops, manufactures, and sells polymer composites materials, primarily for automotive applications.

Why Helium Prices Have Skyrocketed By 160%... And How You Can Tap Into A Rare OpportunityTech giants like Google, Facebook, and Amazon are hoarding helium. And that's because it's about to become one of the rarest, most important gases on Earth. And this small cap company has found what might be the most valuable helium sites on the planet.Yes! Tell Me More About This Helium Discovery!

Top Upgrades & Downgrades

Atlantic Equities turned bullish on Abbott Laboratories (ABT), upgrading the stock to "Overweight" and assigning a $144.00 price target, representing potential upside of 12.43% from Wednesday's close.

Medical Properties Trust Inc. (MPW) has won the favor of BofA's equity research team. The firm upgraded the shares from Neutral to Buy and moved their price target to $24.00, suggesting 15.66% additional upside for the stock.

Trex Company Inc. (TREX) received an upgrade from analysts at Stephens, who also set their one-year price target on the stock to $120.00. They changed their rating on TREX to Overweight from Equal Weight in a recently issued research note.

Earlier Thursday JP Morgan reduced its rating on Ecolab Inc. (ECL) stock to Underweight from Neutral and assigned the price target to $230.00.

BofA analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Omega Healthcare Investors Inc. (OHI) has been changed to Underperform from Neutral and the new price target is set at $30.00.

Analysts at CIBC downgraded Canadian National Railway Company (CNI)'s stock to Neutral from Outperform Thursday.

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Latest Insider Activity

Hewlett Packard Enterprise Company (HPE) SVP, GM of Compute MacDonald Neil B announced the sale of shares taking place on Oct 26 at $15.46 for some 8,535 shares. The total came to more than $0.13 million.

Netflix Inc. (NFLX) COO and Chief Product Officer Peters Gregory K sold on Oct 25 a total 13,090 shares at $675.00 on average. The insider’s sale generated proceeds of almost $4.54 million.

Intel Corporation (INTC) Director Yeary Frank D declared the purchase of shares taking place on Oct 25 at $49.66 for some 10,000 shares. The transaction amount was around $0.5 million.

ADMA Biologics Inc. (ADMA) President and CEO Grossman Adam S bought on Oct 25 a total 1,128,444 shares at $1.00 on average. The purchase cost the insider an estimated $250,000.

Next Big Tech Trend Will Put Well Known Businesses in Bankruptcy.Legend who bought Amazon at $48 says there's a huge new tech trend coming to your hometown - which could make you a small fortune over the next few years.And today he's revealing the name and stock ticker symbol of his favorite way to make money from this trend for FREE

Important Earnings

Top US earnings releases scheduled for today include Ford Motor Company (NYSE:F). It will announce its Sep 2021 financial results. The company is expected to report earnings of $0.27 per share from revenues of $32.54B in the three-month period.

Analysts expect Annaly Capital Management Inc. (NYSE:NLY) to report a net income (adjusted) of $0.27 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2021 is predicted to come in at $472.05M.

EQT Corporation (EQT), due to announce earnings after the market closes today, is expected to report earnings of -$0.05 per share from revenues of $1.12B recently concluded three-month period.

That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team

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