$GS commentary on conference call "announced deal volume in Q3 was up more than fivefold versus Q2".
Stephanie Link Wed 14 Oct 2020 14:44

NFIB’s small business optimism index rose 3.8 pts in September to 104.0 vs consensus of 100.9 and is just .5 points off pre-Covid peak of 104.5.
Stephanie Link Tue 13 Oct 2020 13:58

Interesting tidbit from $JPMs card division: purchase volumes rose 20% q/q and DQs fell 14bps q/q. Good combination. $AXP $DFS
Stephanie Link Tue 13 Oct 2020 13:48

I think people are forgetting the leverage $AVGO has to the company called $AAPL and the 5G story while posting industry high margins at 71% along with a 3.5% yield. Less than half the multiple as well. #Homework
Stephanie Link Tue 13 Oct 2020 00:12

Just tallying up performance today - incredible action in the FAANG stocks. Today they accounted for 99bps of the +1.6% move in SPX.
Stephanie Link Tue 13 Oct 2020 00:02

The Jets have allowed 64 sacks since the beginning of last year. Perhaps that’s where they need to do a little work.
Stephanie Link Sun 11 Oct 2020 18:16

RT @Callum_Thomas: 3. One reason the previous chart matters... "A massive 40% of Stocks are still down >20% from their highs." h/t @Macro…
Stephanie Link Sun 11 Oct 2020 11:46

Empirical Rx makes the case for travel/leisure stocks: 10% of the mkt’s cap but drove 75% of the decline in $SPX EPS 2Q... pent-up demand, favorable demographics, high op leverage and constrained capital spending will lead to better FCF. Valuations 25% cheaper vs 9/11. #todolist
Stephanie Link Sun 11 Oct 2020 11:41

Coaches matter - what a pleasure to watch the energy at my alma mater BC. Congratulations Coach Hafley.
Stephanie Link Sun 11 Oct 2020 00:01

Have a great weekend all - thanks for the ideas and support. I enjoy the live version of this mellow tune from Colin Hay - "I just don't think I'll get over you". Far different from his Men At Work days.
Stephanie Link Fri 09 Oct 2020 20:55

6% of $SPX companies report next week (big banks will be noteworthy) and 80% the following 3 weeks. Attention diverted from macro #willbewelcome.
Stephanie Link Fri 09 Oct 2020 20:45

German tractor registrations +24% in Sept - HHP units +45% and LHP units +6%. Follows a +33% in August on tougher comps, reflecting stable strength in both HHP and LHP. And comps are easier in October. $AGCO $DE
Stephanie Link Fri 09 Oct 2020 12:49

Interesting chatter that $AMD and $XLNX in talks of $30B deal. Many synergies if so.
Stephanie Link Fri 09 Oct 2020 02:19

3rd positive preannouncement today: $NXPI - citing strong demand in auto and mobile communications. With a 16m NA SAAR in September expect further momentum. #autorecovery
Stephanie Link Thu 08 Oct 2020 20:29

$MCD positively preannounces for 3Q with US comps up 4.6% and International down less than expected. September SSS up low DD and that International improved sequentially in each month in Q. Raised divi to 2.3% annualized rate.
Stephanie Link Thu 08 Oct 2020 13:33

$PPG just positively preannounced citing demand strength in auto, industrial coatings, architectural coatings and packaging - collectively 70% of sales. #auto #housing #manufacturing
Stephanie Link Thu 08 Oct 2020 12:58

$COST September SSS growth of16.9% with ecommerce growth of 90.1%. Excluding 2 holiday shifts - Labor Day and Chuseok/Moon Festival in Asia, SSS came in at 15.9%. #winningstrategy
Stephanie Link Wed 07 Oct 2020 21:08

I will always remember when my older brother put the record on and said “guess who’s the guitarist on this song?” Eddie Van Halen - Beat It. Coolest ever. #restinsoulandpeace
Stephanie Link Wed 07 Oct 2020 00:17

September North American Class 8 orders came in at 31.1k vs. the ACT seasonally implied forecast of 18.5k – increasing 60.4% M/M and up 145.0% Y/Y. YTD orders are now up 12.5%.
Stephanie Link Mon 05 Oct 2020 12:20

Seems fair to me that @KirkHerbstreit rank order those teams that have played. Was a great college football wknd. His picks so far: 1-@AlabamaFTBL 2-@ClemsonFB 3-@GatorsFB 4-@GeorgiaFootball Next 2 @CanesFootball @BYUfootball
Stephanie Link Mon 05 Oct 2020 00:15

Tractors in NA were up 13.5% y/y in August with the US up 13% and Canada up 22%. Combines grew 6%. All numbers against tough comps m/m. $DE $CAT
Stephanie Link Sun 04 Oct 2020 21:35

Have a nice weekend - stay well and safe. Enjoy this tune: Family of the Year - Hero.
Stephanie Link Fri 02 Oct 2020 23:18

Digging into the NFP today: headline at 661K vs 859K expectations. But if you add last 2 month revisions (+145K), the headline # was alot closer at 806K. Plus private sector payrolls 877K with 40K in net upward revisions that brought the number to 917K ahead of expectations.
Stephanie Link Fri 02 Oct 2020 15:48

VCs poured $5.1 billion into the internet-of-things sector in the first half of 2020, a 17% increase in capital invested y/y. #TAM
Stephanie Link Fri 02 Oct 2020 14:38

Very positive housing data post close - not surprising as I've highlighted New Home Sales at 1m SAAR, single family permits/starts up DD y/y. $SWH guides + from DIY, auto, packaging demand, $LOW restarts $8.7 billion BB, & a surprise from $HDS with new $500 million BB. #housing
Stephanie Link Tue 29 Sep 2020 22:30