Wednesday, October 31, 2018 8:07 AM EDT
Weekly Timing Chart Of The S&P 500
This morning we are updating our look at the S&P 500 via our favorite chart of SPY. Over the last week, from 10/23 close through 10/30 close the S&P 500 is lower by -2.06%. More...
Futures On The Rebound This Morning Rally Started At 1:30 Yesterday
U.S. futures: S&P +18 Dow Jones +152, NDX +68 and Russell 2000 +8.40 with fair values LOWER helping open. Asia higher and Europe lower. More...
Today's Superstock Investor Stock Scorecard:
Facebook, Inc. Class A (FB)
Facebook (FB) beat estimates last night with earnings of $1.74 versus estimates of $1.44. Revenue was a bit light at $13.73 billion versus estimates of $13.82 billion. The stock peaked at $218.62 in July and is now at $146.22 on Tuesday's close with it up 3.1% this morning in pre market. As such, we thought it was worth a look given it next year P/E is under 20. More...
Articles That Matter:
China's PMI Comes In Below Estimates
China's PMI reading for October was the lowest since July 2016 as the production and new orders sub-indices fell from a month ago. Clearly, the trade issues are impacting China's economy. More...