$Stock*Shop*Charts*News*Option$

[capgain]

I got tired of watching it and turned my stuff off, I was hoping for some follow through today, but no go!

[Tuff-Stuff]

ZIG-ZAGGING, still choppy waters,

nasty choices

[capgain]

Low volume chop again. Just watching/waiting.

[MiamiGent]

S&P - .22%
NAZ - .60%
DJIA - .15%

[MiamiGent]

How's everyone doing today? I'm out on the trade in a high end area of FL. Bull Dolphin lives up here. He must be loaded, lol. These rich areas clear out in the summer, however. It's going to be tough sledding trying to sell here in summer. But I'll plant the seeds for a great fall!
Meanwhile the only two plays I could find this morning, SSRM & THO are both solidly green for me
MG

[capgain]

Ok, thanks.

[realfast95]

Link on Russia 'Defaults On Foreign Debt' For First Time Since Bolshevik Revolution Amid Western Sanctions
https://www.zerohedge.com/markets/russia-defaults-foreign-debt-first-time-bolshevik-revolution-amid-western-sanctions

[realfast95]

No I don't think so. Russian default was on bonds. It's really fake news. Russia can pay, but we cut off the trading accounts for them to perform the transaction on the 100m payment.

[capgain]

Are any US banks tied to the Russian default?

[realfast95]

$JPM big block 1716000 just crossed at 115.84
watch list for end of day

[realfast95]

low expectations on big bank buy back news after the market closes

[MiamiGent]

Most Active

Symbol Last % Change Volume

AFIB $1.03 +91.31% 112.6M
TQQQ $27.67 -1.13% 112.4M
NRSN $2.71 +59.53% 76.2M
BOXD $2.76 +18.91% 59.3M
SQQQ $51.43 +0.81% 54.0M

[MiamiGent]

Poor shopping day!

I've checked the Money Saver, Supermarket Circular, highway billboards, Groupon, Ebay- almost no stocks to buy today!

I did get into two- stuffy's alert THO and my alert SSRM. Both are green!

[MiamiGent]

S&P 500 + 0.20%
NASDAQ - 0.10%
DJIA + 0.15%

[MiamiGent]

U.S. Sectors & Industries Performance
AS OF 11:46 AM ET 06/27/2022

Sector Last % Change

Communication Services
5 Industries
-0.29%

Consumer Discretionary
11 Industries
-0.06%

Consumer Staples
6 Industries
-0.26%

Energy
2 Industries
+3.11%

Financials
7 Industries
+0.20%

Health Care
6 Industries
+0.67%

Industrials
14 Industries
+0.34%

Information Technology
6 Industries
+0.27%

Materials
5 Industries
-0.31%

Real Estate
2 Industries
+0.74%

Utilities
5 Industries
+0.77

[MiamiGent]

SSRM Bot a starter at 16.85

https://stockcharts.com/h-sc/ui?s=SSRM

News

[realfast95]

can't trust $QQQ with $TLT so negative
for some stupid reason they should trade together
the FED wants treasury yield to be 3.5% but it fluctuates.

[MiamiGent]

DJIA: 31,589.80 +89.12 (0.28%) | NASDAQ: 11,607.596 -0.024 (0.00%) | S&P 500: 3,924.65 +12.91 (0.33%) —Markets close in 4 hrs 32 mins

I'm green on today's buy THO now!

[MiamiGent]

THO Got in this morning at 78.99.
I'm listing a bit but getting the water out of the boat now...

[MiamiGent]

Thanks. I'm gonna take this one off under because negligible institutional ownership, next to no cash and on religious grounds.
You do a great job tho and keep it coming!

[MiamiGent]

CNBC
MON, JUN 27, 2022

1. Stocks look to build off last week's rebound

U.S. stock futures rose before the open Monday morning, as equities markets looked to continue the momentum from last week’s positive performance. Since entering a bear market earlier this month, the S&P 500 is up about 7.5%. It’s still not clear whether markets hit a bottom after this year’s dramatic decline, however, and investors will keep a close eye on economic indicators — including a monthly reading on durable goods orders at 8:30 a.m. ET Monday and pending home sales at 10 a.m.

2. Russia is on the brink of a debt default

The Russian government had about $100 million in debt payments due Sunday, the conclusion of a grace period that began May 27. There were reports that bondholders didn’t receive payments, as Western nations’ sanctions have cracked down on Russia’s ability to use rubles, its sovereign currency, to make payments. This would mark Russia’s first default since 1918, the year after the Russian Revolution.

3. G-7 aiming to counter Russia and China

Leaders of the Group of Seven nations are pursuing multiple new sanctions against Russia, including a ban on imports of Russian gold, while bolstering military and humanitarian support for Ukraine. The G-7 also reportedly aims to cap purchase prices for Russian oil. Countering China remains a priority for G-7 nations, as well. On Sunday, the leaders pledged $600 billion in private and public funds over five years to finance infrastructure in developing countries as China pursues its Belt and Road initiative, which is the nation’s bid to create a new version of the ancient Silk Road trade route that connected Europe and Asia.

4. Tencent seeks to be go-to tech provider in China's EV market

Tencent, the massive Chinese internet and tech company, recently unveiled a new cloud computing product for automakers, as it pushes to become the main tech supplier in its home country’s electric vehicle market. Tencent is already working with about 40 auto brands, including Germany’s BMW and China’s Nio, according to Liu Shuquan, vice president of Tencent Intelligent Mobility. He also said his company is working with some U.S. automakers but declined to say which ones.

5. Exxon Mobil CEO cautions against abrupt energy transition

Gas prices are already high, but they could go higher if society makes a rapid transition away from fossil fuels, according to the chief executive of oil giant Exxon Mobil. In an interview with CNBC’s David Faber, Darren Woods said the government should instead create market-based incentives to help lower emissions. President Joe Biden and his administration have criticized Exxon Mobil and other oil companies for profiting while fuel prices surge, while activists have cited Russia’s war in Ukraine, which upended the global energy supply chain, as a major reason countries should move away from oil and gas in favor of renewables. Watch the full documentary featuring Faber, “ExxonMobil at the Crossroads,” on YouTube, Peacock and CNBC.com.



— CNBC's Sarah Min, Matt Clinch, Elliot Smith, Evelyn Cheng and Reuters contributed to this report.

Mike Calia
Business and Company News Editor

[SkeBallLarry]

Supreme Court hands First Amendment victory >

to praying football coach 6 to 3 vote >
https://www.washingtonexaminer.com/policy/courts/supreme-court-first-amendment-victory-praying-football-coach-bremerton-joe-kennedy

[MiamiGent]

S&P 500 - 0.10%
NASDAQ - 0.58%
DJIA + 0.02%

[MiamiGent]

THO Thor Industries Earnings Perspective: Return On Invested Capital
BY Benzinga — 9:50 AM ET 06/27/2022

According to Benzinga Pro, during Q3, Thor Industries NYSE:THO earned $346.02 million, a 30.26% increase from the preceding quarter. Thor Industries also posted a total of $4.66 billion in sales, a 20.21% increase since Q2. Thor Industries earned $265.63 million, and sales totaled $3.88 billion in Q2.

Why Is ROIC Significant?
Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company's ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROIC suggests the opposite. In Q3, Thor Industries posted an ROIC of 8.94%.

Keep in mind, while ROIC is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.

Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Thor Industries posted an ROIC of 8.94%.

It is important to keep in mind that ROIC evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but does not account for factors that could affect earnings and sales in the near future.

For Thor Industries, the positive return on invested capital ratio of 8.94% suggests that management is allocating their capital effectively. Effective capital allocation is a positive indicator that a company will achieve more durable success and favorable long-term returns.

Upcoming Earnings Estimate
Thor Industries reported Q3 earnings per share at $6.32/share, which beat analyst predictions of $4.72/share.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

[MiamiGent]

RIGL Another dangerous bio play.

The reason RIGL and AFIB make the board cut is because they have significant Institutional Ownership. Analyst ratings and money in the bank (cash)

Nascent bios can have a very low SP but not necessarily be stinkers. But they are always dangerous to play.

Low prices bios- some are art and some are pornography. We know the difference when we see it.

[realfast95]

Good news was bad news

US Durable Goods Orders Unexpectedly Jumped In May
Tyler Durden's Photo
by Tyler Durden
Monday, Jun 27, 2022 - 08:35 AM

With PMIs sinking rapidly and macro surprise indices crashing, analysts remained optimistic of a continued rise (albeit a small 0.1% MoM) in US durable goods orders in preliminary May data. It turns out they were 'under'-optimistic as durable goods orders surged 0.7% MoM (with a small downward revision from +0.5% to +0.4% MoM in April).

Ex Transports, orders rose 0.7% MoM - beating expectations of +0.3%.

The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, rose 0.5% after a 0.3% gain a month earlier.

Finally, Shipments soared by 0.8% MoM - 4 times the 0.2% MoM expected.

None of this data helps the current 'growth scare dominates inflation fears' narrative... as 'good news' is now 'bad news'.

https://www.zerohedge.com/economics/us-durable-goods-orders-unexpectedly-jumped-may

[MiamiGent]

A good point was made to me in a PM. These public companies rushing to pay for killing unborn children may well face a raft of lawsuits. Shareholders could say this does nothing to increase shareholder value, rather it courts controversy and boycotting.

[Tuff-Stuff]

Yep, too choppy for me right now, going to do laundry--

will check back when the boat not rocking so much

[Tuff-Stuff]

That's lots $$, lots of shares

[MiamiGent]

Mkt has flipped red to green to red since about midnight..

[MiamiGent]

THO is another recreational vehicle company making money hand over fist.
Usually has a backload of orders exceeded only by Lockheed Martin

https://stockcharts.com/h-sc/ui?s=THO

[Tuff-Stuff]

Choppy waves

[Tuff-Stuff]

Yep, weak to start

[MiamiGent]

S&P 500 - 0.14%
NASDAQ - 0.25%
DJIA - 0.04%

[Tuff-Stuff]

Mish<> G-7 Agrees to Cap the Price of Russian Oil Using
a Buyer's Cartel

https://mishtalk.com/economics/g-7-agrees-to-cap-the-price-of-russian-oil-using-a-buyers-cartel

[Tuff-Stuff]

Global Stocks Pare gains; Treasuries Decline, Market Wrap

https://www.bloomberg.com/news/articles/2022-06-26/stock-rally-s-durability-is-key-issue-for-traders-markets-wrap#xj4y7vzkg

[Tuff-Stuff]

Thor Industries boost buy buyback program to 600 million

[SkeBallLarry]

NATO set to increase its high-readiness forces >

https://www.cnbc.com/2022/06/27/russia-ukraine-war-nato-set-to-increase-its-high-readiness-forces.html

[capgain]

Sounds good, plan today is to get back long the XLF for a quick swing.

Subject to change!

[realfast95]

Big Banks announce today what changes they will make after last weeks passing stress tests. Dividends or Buy Backs.
$WFC was behind because of their internal problems over the years so may be the biggest gainer.

I prefer $BAC because it's more tied to the US than the rest of the world.
Further discount with today's analyst action, below.


Credit Suisse Maintains Outperform on Bank of America, Lowers Price Target to $45
7:02 am ET June 27, 2022 (Benzinga) Print

Credit Suisse analyst Susan Roth Katzke maintains Bank of America (NYSE:BAC) with a Outperform and lowers the price target from $46 to $45.

[Tuff-Stuff]

Need more Rest, back later maybe? POOF

[Tuff-Stuff]

AFIB $.54---Actus Medical Stock jumps 30% on FDA clearance on
Heart Product


(One of those play at our own risk-and catch if you can!)

[Tuff-Stuff]

Sunday Links: cementing culture

There are five fewer oil refineries online in the U.S. compared
to pre-pandemic

https://abnormalreturns.com/2022/06/26/sunday-links-cementing-culture/

[Tuff-Stuff]

Calculated Risk: Monday: Durable Goods, Pending Home Sales, Dallas
Fed Mfg


https://www.calculatedriskblog.com/2022/06/monday-durable-goods-pending-home-sales.html

[Tuff-Stuff]

Aggressive-Zimbabwe rate raised to 200% by Central Bank

https://www.bloomberg.com/news/articles/2022-06-27/world-s-most-aggressive-central-bank-raises-key-rate-to-200?srnd=markets-vp#xj4y7vzkg

[Tuff-Stuff]

Futures rise on the view Bad news is Good News

[Tuff-Stuff]

Yes sir!.....

I'm just super tired from my weekend

[SkeBallLarry]

Stock futures rise following a major comeback week for stocks ... !!

[SkeBallLarry]

Oil flat to negative ~ Gold UP $11 ... !!

[SkeBallLarry]

" G'Morning, Stuffie ~ MeThinkz WE got a good Rain overnite " .. ??