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Warm-Up
- Crypto pulling back
- REMINDER - NEW CTP for Lithium Americas (LAC) stock!
- October - one of the toughest months
- Day traders - some good news
Markets
- New Tariffs announced - Drugs, trucks, kitchen cabinets
- Intel's new growth model
- Quantum stocks rallying
- Powell setting the stage
RYDER CUP - What a finish!
Friday Jobs Report
Labor Dept - may - or may not release jobs report Friday
- Fearing that a government shutdown will be problematic
- Convenient
US to take stake in Lithium Americas - Up 29%
- Where are we coming up with all of this $
Red October?
-9 of the 20 largest single-day drops in the Dow Jones occurred in October.
- 1907 Bank Panic
- 1929 Crash (Black Tuesday)
- 1987 Crash (Black Monday, -22.6% in one day)
- 2008 Financial Crisis (S&P 500 fell ~17% in October alone)
- Since 1950, the S&P 500 has averaged a gain of ~0.91% in October
-Over the past 20 years, October has been relatively favorable, with average gains between 0.8% and 1.5% for the S&P 500, Dow, and Nasdaq.
-October is 35% more volatile than the average month.
Saudi Arabia for the Win!
- Electronic Arts rallied on Friday following a report by the Wall Street Journal that the video game company is nearing a roughly $50 billion deal to go private.
- The deal would likely be the largest leverage buyout of all time, according to the Journal.
- Investors including Saudi Arabia’s Public Investment Fund and Silver Lake could announce the deal as soon as next week, the report said
- Also in n the TikTok Deal - what is up with that?
- Oh - Jared Kushner’s Affinity Partners is another participating investor, according to a source familiar with the matter, who asked not to be named because the discussions are private.
On the Other hand
- Shares of CarMax fell to an all-time low on Thursda
Published on 1 month, 1 week ago
