Superstock Investor
Morning Briefing

Tuesday, July 26, 2022

Morning Matters:

The Week Ahead

Major stock indexes rose this past week across the board, making it down twelve weeks of the last sixteen weeks that indexes were lower.

1. Geopolitical and Fiscal Events. The key issue remains how the Russian invasion of Ukraine progresses. The FOMC is out with its latest announcement Wednesday afternoon.

2. Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and S&P Case-Shiller, Consumer Confidence, New Home Sales, Durable Orders, Pending Home Sales, Q2 GDP, Personal Income and PCE Core and University of Michigan Consumer Sentiment.

3. Earning Releases. Notable release this upcoming week include CDNS NXPI (Monday), MSFT GOOGL (Tuesday), META TMUS (Wednesday), AAPL AMZN (Thursday) and XOM PG (Friday).

Monday, July 25th

* No events of note for Monday.

Tuesday, July 26th

* May Case-Shiller Home Price Index is due out at 9:00 a.m. EDT and expected to come in at 20.8% from last month at 21.20%. * July Consumer Confidence is due out at 10:00 a.m. EDT and is expected to fall to 96.4 from 98.70. * June New Home Sales is due out at 10:00 a.m. EDT and is expected to fall to 670,000 from 696,000. * The latest NYSE and NASDAQ Short Interest through the 13th of July from the 28th of June is due out after the close. During that period, the S&P 500 fell -0.52%.

Wednesday, July 27th

* June Durable Orders are due out at 8:30 a.m. EDT and expected to come in at -0.50% from 0.70%. * June Pending Home Sales are due out at 10:00 a.m. EDT and are expected to come in at -1.5% from 0.7%. * The latest Federal Reserve Open Market Committee (FOMC) interest rate announcement is due out at 2:00 p.m. EDT and then press conference at 2:30 p.m. EDT.

Thursday, July 28th

* Q2 GDP is due out at 8:30 a.m. EDT and expected to come in at 0.5% from -1.6%.

Friday, July 29th

* June Personal Income is due out at 8:30 a.m. EDT and expected to remain at 0.5%. * June PCE Core is also out at 8:30 a.m. EDT and is expected to rise to 0.6% from 0.3%. * July Chicago PMI is due out at 9:45 a.m. EDT and is expected to rise to 56.2 from 5.6. * July University of Michigan Consumer Sentiment (final) is out at 10:00 a.m. EDT and is expected to remain at 51.10.


Market Matters:

Stocks Lower As Walmart Warns

Overnight Summary: The S&P 500 closed Monday at 3966.84 (higher by 0.13%) from 3961.63 (lower by -0.93%) on Friday.  Futures are trading lower in the premarket session. The overnight high of 3964.50 was hit at 5:10 a.m. EDT. The low was hit at 3950 at 6:40 a.m. EDT, a range of 14 points high to low which is below the range of late with 45 the average range. At 7:05 a.m. EDT the current price is 3956.25 which is -0.35% and -13.75 points. 

Breaking News: 

Earnings Out After The Close:

Capital Raises:

Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources.

News After The Close:

What’s Happening This MorningFutures value reflects the change with fair value.

S&P 500 -Dow Jones -NASDAQ -, and Russell 2000 -. Europe lower ex FTSE and Asia higher ex Japan.  VIX Futures are at 25.40 from 26.30 yesterday morning and the VIX closed at 23.36 from 23.88  yesterday. Gold lower with Silver and Copper higher. WTI Crude Oil  and Brent Oil Futures higher and Natural Gas higher. $ is higher vs Euro, higher vs Pound and lower vs Yen. US 10 year Treasury sees yields at 2.759% from 3.045%  yesterday morning. Bitcoin is at $21,087 from $22,903 yesterday morning and is lower by -2.94% this morning. As of 8:08 a.m. EDT.

Sector Action – 07/25/22 Close (1/3/6/12/YTD Updated Weekly with Monday release):  

Investors are waiting out until the Fed decision.  Stocks ended mixed with the DOW up and the NASDAQ down 0.43%  Updated 07/25/22 close.

Upcoming Earnings Of Note: (sorted by market cap, highest to lowest with most visible names)

Earnings of Note This Morning:


Erlanger Research Advance/Decline Chart: Updated through 07/25/22 close.

Gap Ups & Down In Early Pre-Market:

Insider Action: CCI sees Insider buying with dumb short selling.  MICS, RVMD, TCDA sees Insider buying with smart short sellers. 07/25/22 close.

Rags & Mags: Repeated stories from prior days never listed, i.e. “rehashed news”. Sorted by Global, U.S. and stock specific.

Moving Average Update:



Federal Reserve / Treasury Speakers:

M&A Activity:

Meeting & Conferences of Note:

Top Tier Sell-side Upgrades & Downgrades:

The recommendations listed below in this “Upgrade/Downgrade” section are compiled from what we believe are Tier I, II and III firms. Recommendations posted are taken from a variety of sources each day and we only post upgrades or significant initiations as well as downgrades to underweight or sell. The purpose of this posting it to make the reader aware of market moving recommendations. None of these recommendations should be interpreted as actual recommendations from CAPIS or its employees.

Today’s Upgrades and Downgrades:


Previous Day’s Upgrades and Downgrades:


Today's Superstock Investor Stock Scorecard:

Walmart Inc. (WMT)
by Superstock Investor


Walmart (WMT) warned yesterday after the close and the stock is down by -9%. Too much inventory. The pre-market price is $119.75. Is there value here?

Company Information

Company: Walmart Inc.
Sector: Food & Staples Retailing
Industry: Hypermarkets_Super Centers
Market Cap:  $409,820,000,000


  Price %Gain  
Current Price $125.45    
Price Target $125.88 -0.1%  
Upper Bound $157.35 0.1%  
Lower Bound $94.41 -0.3%  

Stock data last updated 07/11/2022.

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