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<---ACI $30 Calls am out, hit the small profit game plan
Oct 21 expire, maybe lots more here and maybe not if no word from KR
(Makes up for loss on AAPL puts-ugh)
Mish<> The Cost of Food Jumps Another 0.8% in September
(CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June. This post puts a spotlight on food.
Month-Over-Month Details
The food index increased 0.8 percent in September, the same increase as August.
The food at home index rose 0.7 percent in September as all six major grocery store food group indexes increased.
The index for fruits and vegetables rose 1.6 percent
The index for cereals and bakery products rose 0.9 percent over the month.
The index for other food at home increased 0.5 percent in September, after rising 1.1 percent in August.
The index for meats, poultry, fish, and eggs rose 0.4 percent over the month.
The index for nonalcoholic beverages increased 0.6 percent in September.
The dairy and related products index rose 0.3 percent in September, the same increase as the previous month.
YEAR over YEAR
The food at home index rose 13.0 percent over the last 12 months.
Cereals and bakery products increased 16.2 percent.
Food away from home rose 8.5 percent.
Fruits and vegetables are up 10.4 percent
The food away from home index rose 0.9 percent in September, as it did in August.
The index for full service meals increased 0.4 percent and the index for limited service meals increased 0.6 percent over the month.
Other food at home is up 15.7 percent.
Nonalcoholic beverages are up 12.9 percent.
Meats, poultry, fish, and eggs are up 9.0 percent.
Dairy is up 15.9 percent
Charts and more
https://mishtalk.com/economics/the-cost-of-food-jumps-another-0-8-percent-in-september
Come on Cal, it's way past time to move along and get these great
rivals on a schedule again!
GREAT NEWS! The INDIANA-KENTUCKY mens basketball series may return
Jon Rothstein reported Wednesday that Indiana and Kentucky are in “advanced discussions” on a multi-year series.
UNBELIEVABLE!!
CAN YOU BELIEVE THAT?!
If you’re just some random Joe Schmoe, those words probably have no deeper meaning to you. But if you’re a fan of the Indiana Hoosiers or Kentucky Wildcats, they recall a memory that you either cherish fondly or keep buried deep.
To Indiana fans, those words harken back the defeat of a hated rival on your home court. To Kentucky fans, an otherwise unspoiled regular season that culminated in a national championship.
Indiana got its moment and Kentucky lost on out matching the Hoosiers’ 1975-76 undefeated season.
In the wake of the court storming that ensued after Christian Watford’s last second prayer of a shot rang true, the two programs haven’t met on a college campus or in the regular season since.
There were attempts to renew the series, most notably by former Indiana athletic director Fred Glass, who proposed both games on campus and two games at Lucas Oil Stadium in Indianapolis. This proposal was promptly rejected by Calipari.
The last meeting between the Hoosiers and Wildcats took place in the second round of the 2016 NCAA Tournament. The Result? A 73-67 win for Tom Crean’s Indiana squad.
Crean and Calipari clashed a few times during the former’s tenure at Georgia, but Kentucky never met the Indiana in the postseason during those years for reasons of *gestures at the Archie Miller tenure*.
The two athletic programs have competed outside of men’s basketball recently. Indiana swimming and diving just whomped Kentucky in a meet and Indiana women’s basketball welcomed the Wildcats to Assembly Hall before handing them a double-digit loss.
But now Mike Woodson is in charge, and he’s reportedly been on Calipari for months to get the series back on. This, of course, falls in line with Woodson’s goal of re-establishing Indiana as a national blueblood program by scheduling other historic powerhouses.
Kentucky, like the previously scheduled matchups with Kansas and North Carolina, is an obvious target for that kind of effort. It’s only made more obvious by the abundance of history between the Hoosiers and Wildcats.
The history that already exists between the teams also helps solidify the blue blood status. Under Miller, there was talk of scheduling a series with Arizona (which, notably, was coached by Miller’s brother), which would have been respectable in terms of competition level, but unlikely to arouse the deep-seated antagonism between fanbases that leads to high TV-Ratings and guaranteed primetime tipoff slots.
It’s like the difference between the recent matchups with a ranked Florida St. team at 10 p.m. in the Big Ten/ACC Challenge versus having Duke in Assembly Hall. Both opponents are respectable in their own right, but playing Duke meant 3 hours of Dick Vitale fawning nostalgically over the days when Indiana was undoubtedly an elite program and the connection between Bob Knight and the NCAA’s all-time winningest coach for millions to hear.
Every game against Kentucky would be in front of a sold-out crowd, nationally televised, and will likely feature at least one ranked team between the two. It immediately raises the profile of the program, becomes a recruiting event in and of itself, and gives Indiana the opportunity to get a signature win for its tournament resume before conference play begins.
This kind of move seems consistent with the way Woodson has simultaneously been able to move the program forward while honoring the best parts of its past. As somebody from Indianapolis, Woodson knows that the southern half of the state considers the rivalry with Kentucky to be at least as important, if not more(!!), than the Hoosiers’ storied rivalry with Purdue.
Securing this series with Kentucky would mean that this new-look Indiana men’s team - the one that wins heavy-weight recruiting battles, plays in NCAA tournament games, and schedules high profile opponents - will be moving forward with both of its most historic rivalries intact.
https://www.crimsonquarry.com/2022/10/13/23401025/iu-basketball-kentucky-rivalry-john-calipari
He wrote this while in the service~~
Bobby Vinton on American Bandstand--- Nov 1967
ACI up over 11% and KR Kroger down some
LOTS of options hitting for ACI- $30 calls
Albertsons has been looking for a deal. It may have found one with Kroger
https://www.barrons.com/articles/albertsons-kroger-merger-report-51665672113?siteid=yhoof2
Stocks making the biggest moves midday: Digital World, Domino’s, Revlon, Albertsons and more
https://www.cnbc.com/2022/10/13/stocks-making-the-biggest-moves-midday-digital-world-dominos-revlon-albertsons-and-more.html
Running for sure with bull horns---what time do you think it flips its riders?
Check back later in the day, my broom is stirring
The Witch's Broom: The Craft, Lore & Magick of Broomsticks
https://books.google.com/books/about/The_Witch_s_Broom.html?id=augNAwAAQBAJ&source=kp_book_description
Come on down< AAPL, just a little more, and I skate...
out of these puts!!!
She's only on 6-8 am each day unless off. Best discussions on
politics, immigration, BIDEN, food costs, housing, energy, transportation costs, and especially small business increases in costs, freight and overhead.
This is my time of day to watch news there and follow the market as well.
YEP, showing all of it on Fox business, Maria all over it again
September core CPI year over year highest since 1982
DOW just hit down 501 losing more quickly, and Treasury yields Climb
Social Security Administration announces COLA is 8.7% for 2023
Inflation comes in HOTTER than expected. The Fed's job isn't done
Consumer prices climbed at an 8.2% annual pace in September, marking a slight slowdown from August as falling energy prices brought down the cost of gasoline.
The consumer-price index ticked up 0.4% in September from a month earlier, the Labor Department reported Thursday, showing an acceleration after two months of slower monthly growth. Economists had expected prices to rise 0.3% in September from August, but that the annual increase would slip to .1%
(This is a developing story. Please check back soon for more detail and analysis. Below is a look at what economists were expecting before the figures were disclosed.
Consumer price growth is expected to have slowed in September from a year ago, notching the third straight month of declines in the annual pace of inflation as cheaper gas prices have provided some relief to American households.
At the same time, prices are expected to have risen slightly faster in September than in August, according to consensus expectations from economists polled by The Wall Street Journal. The result could be a slight uptick in the monthly pace of inflation that nonetheless marks a deceleration from a year ago—showing some progress on overheating prices, but not enough to steer the Federal Reserve off its monetary policy tightening path.
(Food and everything we use or need has jumped a lot- WE knew that)
https://www.marketwatch.com/articles/cpi-report-inflation-data-today-51665612803?mod=newsviewer_click_realtime
September CPI report~month over .4% MARKET dumps RED, full report next
Futures jump after report on UK budget~
Oct 13 (Reuters) - U.S. stock index futures jumped on Thursday after a report that the British government is discussing making changes to its fiscal plan announced last month.
"Downing Street denying any changes to mini budget but I'm told by sources discussions underway over which bits might yet be junked give the scale of the concern," Sam Coates, Sky News' deputy political editor, said on Twitter.
At 8:02 a.m. ET, Dow e-minis were up 296 points, or 1.01%, S&P 500 e-minis were up 37.75 points, or 1.05%, and Nasdaq 100 e-minis were up 82.75 points, or 0.76%.
https://www.reuters.com/markets/europe/futures-jittery-ahead-us-cpi-data-2022-10-13/
Today is the day, sell these puts either way, have had enough
decay already...
My $130.00 AAPL puts expire tomorrow
AOS $49.13 A.O. Smith issues profit warning on soft residential volumes
https://finance.yahoo.com/news/o-smith-announces-preliminary-third-110500295.html
YES, and Hard to tell trap or not
DPZ $301.76 Domino's stock jumps 8% premarket
AMC stock sinks to 'pre-meme' stock levels as Riley slashes target 32%
Look at those High Green futures---setting up for a cliff dive, or do they
know something early?
Will just be myself, broom and all, House WITCH
Morning funny man! My broom sure has been getting a workout lately,
needs a re-charge
But, VOTING was the most important thing I did yesterday
Better get busy-life moves awful fast at our age! Can't linger long, HaHa
FAST $45.67 Fastenal posts higher 3Q earnings and sales
https://finance.yahoo.com/news/fastenal-company-reports-2022-third-105000833.html
WBA $31.94 Walgreens Report
Fourth quarter results ahead of expectations
Raising Long-Term Targets for U.S. Healthcare Segment
Fourth quarter and fiscal year financial highlights
Fourth quarter loss per share* from continuing operations was $0.48, a decrease of $0.89 from the year-ago quarter; adjusted earnings per share (EPS*) decreased 31.8 percent to $0.80, down 30.0 percent on a constant currency basis, reflecting a strong prior year quarter with higher COVID-19 vaccination volumes
Fiscal 2022 EPS from continuing operations was $5.01, an increase of 117.6 percent, compared with $2.30 in the year-ago period; adjusted EPS increased 2.5 percent to $5.04, up 3.4 percent in constant currency
Fourth quarter sales from continuing operations decreased 5.3 percent year-over-year, to $32.4 billion, down 3.2 percent on a constant currency basis, including a 660 basis point impact from the anticipated sales decline at AllianceRx Walgreens
Fiscal 2022 sales from continuing operations increased 0.1 percent to $132.7 billion, up 1.2 percent on a constant currency basis, including a 550 basis point impact from AllianceRx Walgreens
Fiscal 2023 guidance and long-term growth outlook
Expecting fiscal year 2023 adjusted EPS of $4.45 to $4.65 as strong core business growth is more than offset by lapping fiscal year 2022 COVID-19 execution, and currency headwinds
Raising U.S. Healthcare fiscal 2025 sales target to $11 billion to $12 billion, with the segment expected to achieve positive adjusted EBITDA by fiscal year 2024
Increased visibility to the company's long-term growth algorithm, building to low-teens adjusted EPS growth in fiscal year 2025 and beyond
DEERFIELD, Ill., October 13, 2022--(BUSINESS WIRE)--Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced financial results for the fiscal year and fourth quarter that ended Aug. 31, 2022.
Chief Executive Officer Rosalind Brewer said:
"WBA has delivered ahead of expectations in the first year of our transformation to a consumer-centric healthcare company. Our resilient business achieved growth while navigating macroeconomic headwinds. Fiscal 2023 will be a year of accelerating core growth and rapidly scaling our U.S. Healthcare business. Our execution to date provides us visibility and confidence to increase the long-term outlook for our next growth engine and reconfirm our path to low-teens adjusted EPS growth. Our strategic actions are unlocking sustainable shareholder value as we simplify the company and continue our journey to being a healthcare leader."
ACCO $5.02 slides 4% after report
Delta stock jumps after 3Q revenue rises above 2019-^3.49% pmkt
https://www.marketwatch.com/story/delta-stock-jumps-after-3q-revenue-rises-above-2019-levels-01665659386?siteid=rss
BlackRock profit falls 16% as market volatility spooks investors
BLK on Thursday posted a 16% drop in third-quarter profit as volatile global markets pressured fee income and sent assets under management further below the $10 trillion mark hit last year.
The threat of a global recession, rapidly rising interest rates and the Ukraine crisis have slammed both bonds and stocks this year, keeping investors on the back foot in a blow to companies.
The asset manager, which makes most of its money from fees charged for investment advisory and administration services, said revenue in the third quarter fell 15% year-on-year to $4.31 billion.
BlackRock's assets under management (AUM) dropped 16% to $7.96 trillion as a stronger dollar also piled on pressure by dampening the value of investments in key European and Asian markets.
While overall net inflows were positive in the quarter, coming in at $65 billion, BlackRock's retail clients withdrew about $5 billion, spooked by the weak market conditions.
more
https://www.reuters.com/business/finance/blackrock-reports-fall-third-quarter-profit-2022-10-13/
GM, Larry and all~Have had a very busy week so far, it's that time of year!
Check-ups with specialists, yearly tests, and all it entails, ugh.
Did manage to VOTE yesterday as IN started early
~~~POOF~~~!,
Shower, food and FLY!
^ 2.6% pre--PepsiCo stock jumps after profit and revenue beat, raised outlook
Morning, YES all green for now, DOW ^ 175+, Nas ^ 102, S&P ^27, will it last?
I sure don't know! They could push it before tomorrow's numbers.....
I have things to do today, so mostly away..
Good Luck to ALL
Spellbinding, his true feelings show from the heart while
telling a story~~~so tender and moving
DG, you are amazing with needful data----VIX flow, very important right now.
THANKS for All~