Good morning. The most recent consumer credit data indicates that debt soared in November...
It's the monthly jobs numbers today and they're not going to be pretty and will be possibly the tip of the iceberg as we head into May.
 | | |  | DOW 37,525.16 | -0.42% | | | | | S&P 4,756.50 | -0.15% | | |  | NASDAQ 14,857.71 | +0.09% | | | | | *As of market close | | | • | Markets traded mixed on Tuesday, following Monday's rally. | | | • | Oil rose 1.9 percent, closing the day at $72.11 per barrel. | | | • | Cryptocurrencies traded flat, with bitcoin at $46,718 at the market close. | | | • | Cryptocurrencies trended higher, with Bitcoin trading at $42,941 at the stock market close. | | | | | | | |
| | | Improving Profit Margins Can Mean Big Bucks for Shareholders | | | | Investors have many ways of looking at a company. Ideally, a company will show growth. But a company can do much to show growth, and even pay up to do so. That could mean a winning share price in the short-term, at the risk of long-term dangers to a company.
That's why investors should look for companies that can grow and improve their profit margins over time. That's a sign of a company getting better at doing its job, and having more cash for shareholders.
» FULL STORY | | | | |
| | Insider Activity Report: Walgreens Boots Alliance (WBA) | | | | Timothy Wentworth, CEO of Walgreens Boots Alliance (WBA), recently added 10,000 shares. The buy increased his stake by 2 percent, and came to a total cost of $242,220.
This is the first insider buy since last June, when an executive vice president picked up 5,172 shares at a cost of just under $147,000. Otherwise, there has been one insider sale in the past year for a mere 1,000 shares.
» FULL STORY | | | | |
| | Unusual Option Activity: United Airlines (UAL) | | | | Airline operator United Airlines (UAL) has been in an uptrend for the past few weeks, and has now reversed its losses from 2023. One trader sees a further rally in the weeks ahead.
That's based on the February 16 $45 calls. With 37 days until expiration, 15,099 contracts traded compared to a prior open interest of 553, for a 27-fold rise in volume on the trade. The buyer of the calls paid $1.56 to make the bullish bet.
» FULL STORY | | | | |
| | • | Consumer Confidence Improves
Inflation expectations continue to improve, with consumers now expecting inflation to drop to 3.01 percent over the next year and 2.6 percent over the next three years. Consumer sentiment is likely to pick up on the news, as rising inflation in recent years has eaten heavily into wage gains made may consumers. | | | | • | Used Car Prices Expected to Moderate This Year
Used car prices dropped 7 percent in 2023, following a 15 percent drop in 2022. The drop reflects the normalization of the market after shortages in 2020 and 2021 drove prices higher. Analysts expect vehicle prices to end the year up about 0.5 percent for 2024. | | | | • | Tiger Woods and Nike End Endorsement Deal
After 27 years, the endorsement between 15-time golf champion Tiger Woods and sports apparel giant Nike (NKE), is ending. At one point, Wood's endorsement deal with Nike was worth an estimated $20 million per year for the golfer, including a 10-year deal signed in 2013 worth about $200 million. | | | | • | Proposed Bitcoin ETFs Fight Over Fees
The Securities and Exchange Commission (SEC) is expected to approve a series of ETFs that would invest in bitcoin at the end of the week. Recent updated filings indicate that many of these ETF providers are looking to offer the best fees possible, and that more fee cuts may be expected in the days ahead. | | | | • | Volkswagen to Incorporate ChatGPT into Vehicles
German automaker Volkswagen is planning on adding an AI-powered chatbot to all its models equipped with an IDA voice assistant. The chatbot would be able to read researched content out loud to drivers, and would be powered in part by OpenAI's Chat GPT protocol. | | |
| | | | TOP | | | JNPR | 21.807% | | | | CTLT | 5.829% | | | | ILMN | 4.515% | | | | PANW | 3.28% | | | | MTCH | 2.903% | | | | BOTTOM | | | AEE | 8.719% | | | | EXC | 7.643% | | | | AJG | 5.579% | | | | EG | 4.799% | | | | NEM | 4.014% | | | | |
| | |  | | You pay a big price for a cheery consensus. We went from a lot of pessimism, a lot of certainty that we were going to have a recession to a lot of optimism ... and there's way too much consensus that there's not going to be a recession, interest rates are going to drop and the stock market's going to do well. | | - Charles Bobrinskoy, analyst at Ariel Investments, on the market's high level of optimism right now, which could lead to a sudden and surprise pullback at some point in the next few months. | |
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