• Pretty cool article from my friend Heather Ettinger at Hightower. Link @HightowerAdvsor
    Stephanie Link Tue 04 Aug 2020 01:16
  • And so it begins... Mnuchin says 'a little bit' closer to larger virus aid deal Link
    Stephanie Link Mon 03 Aug 2020 21:20

    WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said after separate meetings with Democratic and Republican congressional leaders on Monday that the two sides were getting “a little bit” closer to agreeing on a larger package of coronavirus economic aid.

    “We’re open to a bigger package if we can reach an agreement,” Mnuchin told reporters.

    But White House Chief of Staff Mark Meadows, asked if Republicans would need to go above $1 trillion for a deal, told reporters “we’re so far apart right now that’s not even a valid question.”

  • July ISM Manufacturing New Orders component increased 5pts - is a leading indicator for cap spending and earnings estimates for $SPX.
    Stephanie Link Mon 03 Aug 2020 17:25
  • July ISM Manufacturing New Orders component increased 5pts - is a leading idicator for cap spending and earnings estimates for $SPX.
    Stephanie Link Mon 03 Aug 2020 17:00
  • Earnings for $SPX are moving higher for 3Q - first time since 1Q 2018.
    Stephanie Link Mon 03 Aug 2020 13:45
  • Worldwide mobile gaming apps grew nearly 32% in 2Q. Link
    Stephanie Link Mon 03 Aug 2020 03:25

    Last week, mobile games analytics provider Sensor Tower released a report examining mobile trends in the second quarter of 2020, and the numbers outline a dramatic rise in smartphone and tablet app downloads. Overall, worldwide app downloads grew 31.7% over last year, totalling nearly 40 billion downloads for the quarter. 

    On the gaming side of things, it was hyper-casual title Save the Girl that led the way during the quarter, with Roblox, Go Knots 3D, Coin Master, and Fishdom rounding out the top five in terms of number of downloads. Save the Girl topped the category to the tune of nearly 11 million downloads.

    “Save the Girl is a hyper-casual game where players need to rescue a character by solving increasingly challenging environment-based puzzles,” Randy Nelson, head of mobile insights at Sensor Tower, told GameDaily. “[Developer] Lion Studios is actually the gaming label of mobile advertising network AppLovin, who also owns Machine Zone now, and has...

  • If $MSFT prevails in TikTok purchase that’s 80 million daily active users. Link
    Stephanie Link Sat 01 Aug 2020 18:18

    NEW YORK/WASHINGTONNEW YORK/WASHINGTON (Reuters) - China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.

    U.S. officials have said TikTok under its Chinese parent poses a national risk because of the personal data it handles. ByteDance's concession will test whether Trump's threat to ban TikTok is a negotiating tactic, or whether he is intent on cracking down on a social media app that has up to 80 million daily active users in the United States.

    Trump told reporters onboard Air Force One late on Friday that he would issue an order for TikTok to be banned in the United States as early as Saturday. "Not the deal that you have been hearing about, that they are going to buy and sell... We are not an M&A (mergers and...

  • From William O’Neil Rx: Despite some consolidation in global markets we have a clear majority of 47 global markets still in an uptrend.
    Stephanie Link Sat 01 Aug 2020 16:43
  • My friend and amazing spec sales guy at Mizuho: “Despite the historical adage about a “summer slowdown”, the month of August is actually one of the most volatile months of the year”.
    Stephanie Link Fri 31 Jul 2020 21:47
  • US Rig count down 84% to 251 since Oct 2014 when it reached 1609. $CVX results might look pretty good by comparison to others.
    Stephanie Link Fri 31 Jul 2020 20:17
  • Have a great weekend all! Some of my favorite songs over the years: Amie - Pure Prairie League, Sweet Caroline - Neil Diamond, and Melissa - The Allman Brothers Band. #Classics #Ladies.
    Stephanie Link Fri 31 Jul 2020 20:02
  • 72% of $SPX Market Cap have reported so far with EPS beating by 23%. 65% of these cos have beat on revenues. That's the surprise IMO. Still many skeptics.
    Stephanie Link Fri 31 Jul 2020 19:57
  • 72% of Market Cap have reported and beating EPS by 23%. With 65% beating on revenues - that's the surprise IMO. Still so many skeptics.
    Stephanie Link Fri 31 Jul 2020 19:52
  • $AAPL becoming more of an ESG play than most recognize. IMHO.
    Stephanie Link Fri 31 Jul 2020 00:11
  • We all wanted to see rev growth for the Big Four to offset the heavy investment spend that they typically do. And boy did we get it. TAM alive and well. And likely understated - E-commerce, IoT, wearables, cloud. $AMZN $AAPL $GOOG $FB. #congratsbigtech
    Stephanie Link Thu 30 Jul 2020 23:56
  • Truly impressed with margins this Q. Another solid Q from $LRCX with OM at 28.5% vs consensus at 25.7%. Sound like a broken record but #operatingleverage.
    Stephanie Link Wed 29 Jul 2020 21:20
  • Pending home sales +16.6% m/m and now up y/y. Leading indicator for residential activity. #housing
    Stephanie Link Wed 29 Jul 2020 17:55
  • $LB: Bath and Body Works posted a 10% topline increase in 2Q vs an 18% decline in 1Q. Quite the turn.
    Stephanie Link Wed 29 Jul 2020 11:10
  • Impressive: $AMD operating margin guide implies 18.1% for 3Q vs what they just reported at 12.1%. #operatingleverage
    Stephanie Link Tue 28 Jul 2020 22:04
  • GlobalData says Light Vehicle Sales for the month of June SAAR at 73.1m vs 48m in April. South Korea up 41% and China back to year ago levels. Link
    Stephanie Link Tue 28 Jul 2020 21:34
  • $SBUX US Comps positive in July. Remarkable come-back.
    Stephanie Link Tue 28 Jul 2020 21:24
  • GlobalData says Light Vehical Sales for the month of June SAAR at 73.1m vs 48m in April. South Korea up 41% and China back to year ago levels. Link
    Stephanie Link Tue 28 Jul 2020 21:14

    While these results are some way behind industry norms they do demonstrate that the global market has recovered from its April nadir when a SAAR of 48.2 million was registered.

    Without exception all major regions marked June with sales recovering from their earlier low points. The best performing region was Asia-Pacific, with sales there falling 11.7% year-on-year, pushed along by a 40.7% hike in South Korea's market and China's market returning near to year ago levels. COVID-19 continues to impact demand negatively in India, but even there the 49% fall is an improvement on May when sales fell by 85% and the notorious result of April when zero new vehicle sales were made in the country.

    Elsewhere, Europe's sales declined by 20.2% (May -54% and April -75.6%) helped along by the easing of lockdowns and the introduction of industry support in France and other West European countries. Additionally, Turkey's continued to surprise with sales there 66% ahead...

  • RT @HightowerAdvsor: Wrapping up the afternoon session on day one of the 2020 #HightowerVirtualInvestmentForum: A fireside chat between @or…
    Stephanie Link Tue 28 Jul 2020 19:44
  • This will llikely be a common theme this eps season: $PFE says FX for 2020 will be less of a drag to the tune of $300m. $DXY
    Stephanie Link Tue 28 Jul 2020 13:44
  • Interesting article about fees in the Hedge Fund world. Link via @bbgvisualdata
    Stephanie Link Tue 28 Jul 2020 10:24

    Hedge-fund fees had already been shrinking before the pandemic ripped through global markets. Now, they’re in terminal decline.

    One of London’s fastest-growing hedge funds is enticing new investors by agreeing to forgo performance fees until returns hit a key threshold. In Hong Kong, a fund boss is offering to cover all losses, a concession that’s almost unheard of in this rarefied world. And famed investor Kyle Bass has told clients he’ll charge his usual 20% cut of profits only if he earns triple-digit returns in a new fund he has started.

    Long notorious for charging high fees, the $3 trillion industry runs portfolios that are generally open only to institutions and affluent individuals. It’s going to extraordinary lengths to attract new money as the coronavirus pandemic triggers losses and accelerates an investor exodus that has plagued the industry for years. Many of the world’s most prominent managers have come to the stark realization that they need to...

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