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weeping

It wasn't the numbers that cooked shares of Starbucks after hours last night. Not that Starbucks didn't turn in a "disappointing" (their words) quarter last night. They did. But the stock was hanging in there just fine well into last night's call....

Macke's Retail Roundup
Macke's Retail Roundup+
$SBUX
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📊 Daily ETF Overview 

We're seeing leadership broaden across sectors, with technology starting to take a back seat. This shift comes as many of the dominant trends from the past decade begin to show signs of fatigue.International...

ETF Power Rankings

Today's number is... -8.0%

The average global market is only in a -8.0% drawdown, while the average S&P 500 stock is in a -19.6% drawdown.

Here’s the chart:

 

 Let's break down what the...

The Daily Number
Grant

The Mexican peso is the “blue-chip” emerging market currency. It’s long been a favorite for hedge fund carry trades—often paired with the yen—due to Mexico’s relatively high interest rates and liquid FX market....

All Star Charts Gold Rush
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ASC
Ricardo
Currency Report
Currencies
Currencies
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US equities are officially the laggards of the world.

The S&P 500 is underperforming just about every stock market around the globe this year.

...
The Strazza Letter
Strazza

From the Desk of Steve Strazza @Sstrazza and Ricardo Sarraf @nullcharts

When investing in the stock market, we always want to approach it as "a market of stocks."

Regardless of the environment, there...

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Short Report
Strazza
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Stocks
Ricardo
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In today’s Daily Digest, we’ll review the following:

  1. New position in USO.
  2. No adjustments are needed today.
  3. No exits since the last report.
  4. Current status of open campaigns...
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Paid To Play
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📌 The most significant insider buy today comes from Tesla $TSLA, where Airbnb $ABNB co-founder and Tesla board member Joe Gebbia stepped up with a $1 million purchase.

This marks the first insider purchase of Tesla stock in...

Hot Corner Insider
Insider Buys
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nervous

Starbucks set to report tonight and if you aren't nervous you haven't been paying attention. 

Shares of the worlds largest coffee shop are trading at levels first hit in 2019, a depressing run of mediocrity that has included 4 CEOs, a...

Macke's Retail Roundup
Macke's Retail Roundup+
$SBUX

Roper Technologies $ROP is out with another double beat, but you wouldn’t know it if you looked at the stock.

The industrial tech firm topped revenue and EPS expectations again, continuing its track record of solid execution. 

Revenue...

The Beat Report
Borg

Spotify is down 8% pre-market on missing the EPS estimate for Q4. The subscription numbers were good with monthly usage and premium subscriber numbers coming in better than expected. The guidance for FY subs was light, which seems more on the side of...

Macke's Retail Roundup
Macke's Retail Roundup+
$SPOT
Members Only

Today's number is... 50

After 43 consecutive days, the S&P 500 has risen above the 50 level on the daily RSI.

Here’s the chart:

 

 Let's break down what the chart shows:

  • The...
The Daily Number
Grant
📊 Daily ETF Overview 

We continue to see small caps stuck deep in the red, while large caps remain firmly in the green.This isn’t surprising — it’s part of a well-established secular trend — but it’s worth highlighting again.Small...

ETF Power Rankings

The bulls are saying its global rotation, and the bears are saying it won’t work without US stocks.

Both takes make sense. But, they’re just takes. 

...
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The Strazza Letter
Strazza
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Spotify ("The Swedish Netflix") reports, essentially while we are sleeping tonight. The Podcast King is expected to to report revenue growth of about 20% at $4.6b and earnings of $2.52-ish or more, which is a growth rate too large to really delve into...

Macke's Retail Roundup
Macke's Retail Roundup+

Do you remember when The Economist magazine cover had a rocket ship covered in United States dollars last year?

They said the United States was ...

All Star Charts Gold Rush
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Gold Rush
Precious Metals
Video
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