1. Market Summary Big Tech Surges Big tech surges, leaving all else in the dust. Credit Swisse takes $54 billion from the Swiss National Bank (SNB), European Central Bank (ECB) shows “confidence” and hikes 50 basis points, U.S. Bank consortium bails out First Republic Bank. Just a normal setting for a blowout rally. Fed/Treasury requiring […]
1. Market Summary Are Bank Runs Starting? Stocks jump on higher initial claims, then reverse sharply on bank issues. Are bank runs starting or were Thursday’s bank stories just one-offs? Techs, semiconductors still remarkably resilient. Stocks bounce on jobless claims data. If jobs are weaker, will they bounce again, and will it be enough to […]
1. Market Summary Pathetic Productivity and Surging Labor Costs Pathetic productivity and surging labor costs flop stocks. S&P 500, Nasdaq take out support, but some peculiar Fed-speak helps bring them back. Volatility remains, but stocks recover low to high, maintaining the larger bullish index patterns. “Hard” sector stocks post another session of solid gains, but […]
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|Beyond Meat, Inc||15||33.30%|
|United Technologies Corp||18||405.23%|
|Tech Data Corp||47||317.65%|
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