Seeking Alpha’s Calls Of The Week
Strong Buy Rating For Rivian Automotive (RIVN): Trump Tariffs Silver Lining.
Here’s Why Verizon Communications (VZ) Has Become A Top-Tier Prospect.
BP (BP) Double Upgrade: Strategic Reset, Activist Push, Valuation Discount.
Seabridge (SA): Incredible Value As Momentum Builds On Record Gold Rally.
Moving To Sidelines On Ulta Beauty (ULTA): The Bad, The Ugly, And The Good.
VICI Properties (VICI): Downgrade On Relative Mispricing, Concentration Risk.
Turning Neutral On S&P 500 (SPY): That Was Much Worse Than I Expected.
Dropbox (DBX) Likely Entered The Phase Of Continuous Revenue Decline.
Deutsche Bank (DB): Great Time To Cash Out As Upside Appears Limited.
Wolfspeed’s (WOLF) No-Good, Terrible Friday May Just Be The Beginning.
Weekly Movement
U.S. Indices
Dow -7.9% to 38,315. S&P 500 -9.1% to 5,074. Nasdaq -10% to 15,588. Russell 2000 -9.7% to 1,827. CBOE Volatility Index +109.3% to 45.31.
S&P 500 Sectors
Consumer Staples -2.2%. Utilities -4.5%. Financials -10.3%. Telecom -8.4%. Healthcare -6.5%. Industrials -9.4%. Information Technology -11.4%. Materials -8.3%. Energy -14.1%. Consumer Discretionary -8%. Real Estate -5.4%.
World Indices
London -7% to 8,055. France -8.1% to 7,275. Germany -8.1% to 20,642. Japan -9% to 33,781. China -0.3% to 3,342. Hong Kong -2.5% to 22,850. India -2.7% to 75,365.
Commodities and Bonds
Crude Oil WTI -10.6% to $61.99/bbl. Gold -2.5% to $3,035.4/oz. Natural Gas -5.6% to 3.837. Ten-Year Bond Yield -0.2 bps to 3.999.
Forex and Cryptos
EUR/USD +1.18%. USD/JPY -1.94%. GBP/USD -0.37%. Bitcoin +1.2%. Litecoin -1.2%. Ethereum -0.8%. XRP -0.1%.
Top S&P 500 Gainers
Lamb Weston (LW) +9%. Dollar General (DG) +8%. Molina Healthcare (MOH) +7%. Ross Stores (ROST) +4%. The TJX Companies (TJX) +3%.
Top S&P 500 Losers
APA (APA) -27%. Micron Technology (MU) -27%. Microchip Technology (MCHP) -26%. Western Digital (WDC) -25%. GE HealthCare Technologies (GEHC) -24%.
Where will the markets be headed next week? Current trends and ideas? Add your thoughts to the comments section.
