Superstock Investor
Morning Briefing

Monday, August 22, 2022

Morning Matters:

The Week Ahead

Major stock indexes fell this past week, making it down thirteen of the last twenty weeks for the S&P 500.

Geopolitical and Fiscal Events. The key issue remains how the Russian invasion of Ukraine progresses with the nuclear reactor issue at Zaporizhzhia. Washington remains quiet with summer vacations into September. The latest short interest for NYSE and NASDAQ is due out on Wednesday after the close, Federal Reserve Chairman Powell will speak on Friday from Jackson Hole at the Federal Reserve of Kansas City Jackson Hole Symposium.

Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and New Home Sales, Durable Orders, Pending Home Sales, GDP Q2 (second update), Personal Income, PCE Prices - Core and University of Michigan Consumer Sentiment.

Earning Releases. Notable release this upcoming week include PANW ZM (Monday), INTU MDT (Tuesday), NVDA CRM (Wednesday), TD DG CM (Thursday) and JKS (Friday).

Monday, August 22nd

None of note.

Tuesday, August 23rd

July New Home Sales are due out at 10:00 a.m. EDT and are expected to come in at 580,000 from 590,000.

Wednesday, August 24th

July Durable Orders are due out at 8:30 a.m. EDT and expected to come in at 0.60% from 1.90%.

July Pending Home Sales are due out at 10:00 a.m. EDT and are expected to improve to -3.0% from -8.6% in June.

The latest NYSE and NASDAQ Short Interest data from July 27th through August 11th are due out after the close. During this period, the S&P 500 rose 4.56%.

Thursday, August 25th

Q2 GDP (second estimate) is due out at 8:30 a.m. EDT and expected to remain at -0.90%.

Friday, August 26th

July Personal Income is due out at 8:30 a.m. EDT and is expected to remain at 0.6%.

August University of Michigan Consumer Sentiment (final) is due out at 10:00 a.m. EDT and is expected to remain at 55.10.


Market Matters:

Stock Futures Friday Selling Continues Into Monday, Will Fed Reset On Friday At Jackson Hole

Overnight Summary: The S&P 500 closed Friday at 4228.48% (lower by -1.28%) while Thursday closed at 4283.74 (higher by 0.23%).  The overnight high of 4221.50 was hit at 6:05 p.m. EDT. The low was hit at 4175.50 at 5:40 a.m. EDT, a range of 47 points high to low which is around the range of late with 45 the average range. At 7:15 a.m. EDT the current price was 4186.50 which is -1.06% and -45 points.  Currently, at 8:00 a.m. EDT the S&P 500 is now down -47 points.

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 and Over the Week:

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

S&P 500 -45, Dow Jones -286, NASDAQ -189  and Russell 2000 -19  (as of 8:10 a.m. EDT)Europe lower and Asia lower ex Shanghai.  VIX Futures are at 25.12 from 23.65 Friday morning and the VIX closed at 20.60 from 19.56 Friday. Gold, Silver and Copper lower. WTI Crude Oil  and Brent Oil Futures higher and Natural Gas higher. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury sees yields at 2.974% from 2.95% yesterday morning. Bitcoin is at $21,259 from $21,490 Friday morning  and is lower by -1.23% this morning. 

Sector Action – 08/19/22 Close (1/3/6/12/YTD Updated Weekly with Monday release):  

Options expiration day started down and ended down.  A broad pullback for all indexes including a -2.17% drop for the Russell 2000. More inflation concerns coming from over the pond, this time Germany coming in hot with PPI data.  For the week the NASDAQ pulled back 2.6% and the SPX dropped 1.2%.  Updated 08/19/22 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 08/19/22 close.

Gap Ups & Down In Early Pre-Market:

Insider ActionAAT sees Insider buying with dumb short selling.  VRDN sees Insider buying with smart short sellers. 08/19/22 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:, Inc. (AMZN)
by Superstock Investor


Amazon (AMZN) seeks to drive new revenues and may bid for Signify Health (SGFY). How is Amazon valued with at close of 138.23. The stock split put the stock at $122. Our valuation is at $131.45 adjusted.

Company Information

Company:, Inc.
Sector: Retailing
Industry: Internet Retail
Market Cap:  $1,659,280,000,000


  Price %Gain  
Current Price $111.75    
Price Target $2,629.08 -0.2%  
Upper Bound $3,286.36 0.0%  
Lower Bound $1,971.81 -0.4%  

Stock data last updated 07/11/2022.

Data provided by QPI, Inc. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. QPI, Inc. is not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing this page, you agree not to redistribute the information found herein.