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According to this article (https://www.marketplace.org/2021/08/04/what-freight-rail-tells-us-about-the-economy/), Warren Buffett was once being asked which economic indicator he would choose if he were stranded on a desert island, and with access to only one set of economic statistics (e.g. consumer confidence, inflation, unemployment, etc.), and he picked freight rail traffic. The reason is that when rail is doing well, it usually means the eco...
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$Grab Holdings (GRAB.US)$ no matter how, i will always support you. All the best grab.
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$General Motors (GM.US)$ plans to begin delivering a roughly $113,000 special “Edition 1” version of the vehicle by mid-December.
President Joe Biden also made several supportive comments promoting the vehicle during a speech at the facility, including calling it “one hell of a vehicle.”
Another powerful player, $Tesla (TSLA.US)$ unveiled it's "Cybertruck" almost two years ago to the day. The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.
Fans are still very excited since it looks like a vehicle from the future.
The last one is the youngest rising star $Rivian Automotive (RIVN.US)$ . It started production of its R1T electric pickup truck on Sep.14. Tried to make Rivian the first to bring an electric pickup to the market, ahead of Tesla, General Motors and others. However, their product quality is now under doubt since the battery problem.
So which one would be your choice? Would you tell me about your reason?
Source:
Biden’s test drive of electric Hummer helped increase reservations, GM says
President Joe Biden also made several supportive comments promoting the vehicle during a speech at the facility, including calling it “one hell of a vehicle.”
Another powerful player, $Tesla (TSLA.US)$ unveiled it's "Cybertruck" almost two years ago to the day. The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.
Fans are still very excited since it looks like a vehicle from the future.
The last one is the youngest rising star $Rivian Automotive (RIVN.US)$ . It started production of its R1T electric pickup truck on Sep.14. Tried to make Rivian the first to bring an electric pickup to the market, ahead of Tesla, General Motors and others. However, their product quality is now under doubt since the battery problem.
So which one would be your choice? Would you tell me about your reason?
Source:
Biden’s test drive of electric Hummer helped increase reservations, GM says
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$Altimeter Growth Corp (AGC.US)$ what is the tender offers mean in our email
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$NIO Inc (NIO.US)$ up up up and beyond
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$NIO Inc (NIO.US)$ Let’s goooo!🚀 NIO day soon! Lots of good news out there for NIO!👏🏻
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$Altimeter Growth Corp (AGC.US)$ i can sense the ipo is coming
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Weekly market recap
Stocks are coming off a losing week after last month's consumer price index made its largest annual increase in more than three decades. The major averages snapped a five-week winning streak.
The $Dow Jones Industrial Average (.DJI.US)$ dipped 0.6% and the $S&P 500 Index (.SPX.US)$ eased 0.3% last week. The tech-focused $Nasdaq Composite Index (.IXIC.US)$ was the main underperformer, dropping 0.7% as rising bond yields dented growth pockets of the market.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
Third-quarter earnings season is entering the period when retailers dominate the daily reports. Big names will include Advance Auto Parts on Monday, followed by Walmart and Home Depot on Tuesday. Then Target, Lowe's, and TJX report on Wednesday and Alibaba Group Holding go on Thursday.
Non-retail highlights on the earnings calendar this week will include Lucid Group and Tyson Foods on Monday, Nvidia and Cisco Systems on Wednesday, and Applied Materials on Thursday.
Economic data releases this week include the Census Bureau's October retail-sales report on Tuesday and the Conference Board's Leading Economic Index for October on Thursday. Both are forecast to have climbed 0.8% from September.
Monday 11/15
$Advance Auto Parts (AAP.US)$ , $Lucid Group (LCID.US)$ , $Tyson Foods (TSN.US)$ , and $Warner Music (WMG.US)$ release quarterly results.
$Automatic Data Processing (ADP.US)$ hosts its 2021 investor day in Roseland, N.J.
Tuesday 11/16
$Walmart (WMT.US)$ reports third-quarter fiscal-2022 earnings before the opening bell. Shares of the retail behemoth have trailed the S&P 500 by 21 percentage points this year, despite Walmart raising full-year guidance.
$Home Depot (HD.US)$ and $TransDigm (TDG.US)$ report earnings.
$Cboe Global Markets (CBOE.US)$, $Enphase Energy (ENPH.US)$, $Hartford Financial Services (HIG.US)$, and $Qualcomm (QCOM.US)$ hold their annual investor days.
$Bristol-Myers Squibb (BMY.US)$ hosts an investor meeting in New York. CEO Giovanni Caforio will discuss the company's drug pipeline and strategic opportunities.
The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for November. Consensus estimate is for an 80 reading, even with the October figure. The index is off about 10% from its peak late last year, but home builders remain bullish on the housing market.
The Census Bureau reports on retail-sales spending for October. Expectations are for 0.8% month-over-month increase in retail sales. Excluding autos, spending is seen rising 0.9% This compares with gains of 0.7% and 0.8%, respectively, in September.
Wednesday 11/17
$Cisco (CSCO.US)$ , $Lowe's Companies (LOW.US)$ , $NVIDIA (NVDA.US)$ , $Target (TGT.US)$ , and $TJX Companies (TJX.US)$ announce quarterly results.
The Census Bureau reports new residential construction data for October. Economists forecast that privately owned housing starts will increase 2.2% to a seasonally adjusted annual rate of 1.59 million.
Thursday 11/18
$Alibaba (BABA.US)$ , $Applied Materials (AMAT.US)$ , $Intuit (INTU.US)$ , $JD.com (JD.US)$ , $Ross Stores (ROST.US)$ , and $Workday (WDAY.US)$ hold conference calls to discuss earnings.
$Cognizant (CTSH.US)$ , $Ingersoll Rand (IR.US)$ , and $Stryker Corp (SYK.US)$ host investor meetings.
$Johnson & Johnson (JNJ.US)$ holds an investor meeting to discuss its pharmaceuticals business.
Liberty Media hosts its annual investor meeting in New York. Companies presenting at the event are a mix of those owned by Liberty and those in which Liberty has a sizable stake, including the Atlanta Braves, $Charter Communications (CHTR.US)$, $Live Nation Entertainment (LYV.US)$, and $TripAdvisor (TRIP.US)$.
The Conference Board releases its Leading Economic Index for October. The consensus call is for a 0.8% monthly gain, to a 118.4 reading. The Conference Board is currently projecting a 5.7% GDP growth rate this year.
Friday 11/19
$Foot Locker (FL.US)$ reports earnings for its fiscal third quarter.
Source: CNBC, Dow Jones Newswires, jhinvestments
Stocks are coming off a losing week after last month's consumer price index made its largest annual increase in more than three decades. The major averages snapped a five-week winning streak.
The $Dow Jones Industrial Average (.DJI.US)$ dipped 0.6% and the $S&P 500 Index (.SPX.US)$ eased 0.3% last week. The tech-focused $Nasdaq Composite Index (.IXIC.US)$ was the main underperformer, dropping 0.7% as rising bond yields dented growth pockets of the market.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
Third-quarter earnings season is entering the period when retailers dominate the daily reports. Big names will include Advance Auto Parts on Monday, followed by Walmart and Home Depot on Tuesday. Then Target, Lowe's, and TJX report on Wednesday and Alibaba Group Holding go on Thursday.
Non-retail highlights on the earnings calendar this week will include Lucid Group and Tyson Foods on Monday, Nvidia and Cisco Systems on Wednesday, and Applied Materials on Thursday.
Economic data releases this week include the Census Bureau's October retail-sales report on Tuesday and the Conference Board's Leading Economic Index for October on Thursday. Both are forecast to have climbed 0.8% from September.
Monday 11/15
$Advance Auto Parts (AAP.US)$ , $Lucid Group (LCID.US)$ , $Tyson Foods (TSN.US)$ , and $Warner Music (WMG.US)$ release quarterly results.
$Automatic Data Processing (ADP.US)$ hosts its 2021 investor day in Roseland, N.J.
Tuesday 11/16
$Walmart (WMT.US)$ reports third-quarter fiscal-2022 earnings before the opening bell. Shares of the retail behemoth have trailed the S&P 500 by 21 percentage points this year, despite Walmart raising full-year guidance.
$Home Depot (HD.US)$ and $TransDigm (TDG.US)$ report earnings.
$Cboe Global Markets (CBOE.US)$, $Enphase Energy (ENPH.US)$, $Hartford Financial Services (HIG.US)$, and $Qualcomm (QCOM.US)$ hold their annual investor days.
$Bristol-Myers Squibb (BMY.US)$ hosts an investor meeting in New York. CEO Giovanni Caforio will discuss the company's drug pipeline and strategic opportunities.
The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for November. Consensus estimate is for an 80 reading, even with the October figure. The index is off about 10% from its peak late last year, but home builders remain bullish on the housing market.
The Census Bureau reports on retail-sales spending for October. Expectations are for 0.8% month-over-month increase in retail sales. Excluding autos, spending is seen rising 0.9% This compares with gains of 0.7% and 0.8%, respectively, in September.
Wednesday 11/17
$Cisco (CSCO.US)$ , $Lowe's Companies (LOW.US)$ , $NVIDIA (NVDA.US)$ , $Target (TGT.US)$ , and $TJX Companies (TJX.US)$ announce quarterly results.
The Census Bureau reports new residential construction data for October. Economists forecast that privately owned housing starts will increase 2.2% to a seasonally adjusted annual rate of 1.59 million.
Thursday 11/18
$Alibaba (BABA.US)$ , $Applied Materials (AMAT.US)$ , $Intuit (INTU.US)$ , $JD.com (JD.US)$ , $Ross Stores (ROST.US)$ , and $Workday (WDAY.US)$ hold conference calls to discuss earnings.
$Cognizant (CTSH.US)$ , $Ingersoll Rand (IR.US)$ , and $Stryker Corp (SYK.US)$ host investor meetings.
$Johnson & Johnson (JNJ.US)$ holds an investor meeting to discuss its pharmaceuticals business.
Liberty Media hosts its annual investor meeting in New York. Companies presenting at the event are a mix of those owned by Liberty and those in which Liberty has a sizable stake, including the Atlanta Braves, $Charter Communications (CHTR.US)$, $Live Nation Entertainment (LYV.US)$, and $TripAdvisor (TRIP.US)$.
The Conference Board releases its Leading Economic Index for October. The consensus call is for a 0.8% monthly gain, to a 118.4 reading. The Conference Board is currently projecting a 5.7% GDP growth rate this year.
Friday 11/19
$Foot Locker (FL.US)$ reports earnings for its fiscal third quarter.
Source: CNBC, Dow Jones Newswires, jhinvestments
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