Superstock Investor
Morning Briefing

Wednesday, September 14, 2022

Morning Matters:

Market Crash Indicators Updated

For years we published our Market Crash Indicators Model. It is back. Currently, we are 100% invested in stocks and 0% in cash. The model going forward will be a combination of stocks, bonds or cash.

We are 100% invested.

The model fell -1.83% since our last update on 8/24 close while the S&P 500 also fell -1.83%.

The S&P 500 has risen 11.56% from 13.39% and we have made 1.29% from 3.12% since we restarted the indicator.


Market Matters:

More Inflation Data At 8:30 a.m. EDT as PPI Out

Overnight SummaryThe S&P 500 closed Tuesday at 3932.69 (lower by -4.32%) from Monday at 4110.41 (higher by 1.06%). The overnight high of 3979.50 was hit at 4:40 a.m. EDT. The low was hit at 3949.50 at 8:45 p.m. EDT, a range of 30 points high to low which is below the recent range of 45. At 7:20 a.m. EDT the current price was 3964 which is 0.35% and 13.75 points. Currently, at 7:55 a.m. EDT the S&P 500 is now -4.

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 -4, Dow Jones-35, NASDAQ -15, and Russell 2000 -4. (as of 8:08 a.m. EDT)Europe and Asia lower.  VIX Futures are at 26.55 from 23.65 yesterday morning and the VIX closed at 27.27 from 23.87 yesterday. Gold lower with Silver higher and Copper lower. WTI Crude Oil and Brent Oil Futures lower with Natural Gas higher as well. $ is lower vs Euro, lower vs Pound and lower vs Yen. US 10-year Treasury sees yields at 3.449% from 3.314% yesterday morning. Bitcoin is at $20,291 from $22,585 yesterday morning and is higher by 0.21% this morning.

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

Stocks turned heel on the “peak” inflation narrative and voted with selling indexes across the board.  SPX gapped WAY below the support line and never turned back.  The 3-4% pullbacks made the original value lines range look insignificant.

Click here for a video explanation of Erlanger Value Lines.

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: 

Gap Ups & Down In Early Pre-Market:

Insider ActionCABO, CIVI sees Insider buying with dumb short selling.  No stock sees Insider buying with smart short sellers

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:

Charles Schwab Corporation (SCHW)
by Superstock Investor


This morning with stocks starting to come back to life we will look at some stocks of their lows. Next up is Charles Schwab that is at $72.95.

Company Information

Company: Charles Schwab Corporation
Sector: Diversified Financials
Industry: Investment Banking_Brokerage
Market Cap:  $110,150,000,000


  Price %Gain  
Current Price $62.94    
Price Target $40.82 -0.2%  
Upper Bound $51.02 0.0%  
Lower Bound $30.61 -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.