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- StockMKTNewz Daily Recap 10/1
StockMKTNewz Daily Recap 10/1
THE FIRST DAY OF Q4 ... TESLA Q3 DELIVERY DATA INCOMING
Daily Stock Market Recap: 10/1
Hey everyone, it’s @StockMKTNewz - Evan! We’re back again with a DAILY STOCK MARKET NEWS RECAP for the first day of Q4!
If you enjoy this post make sure to subscribe so you can get this sent to your inbox every day … YOU NEED TO BE SUBSCRIBED TO THIS NEWSLETTER!!
Table of Contents:
Here’s how the stock market performed today
Heat Map of the S&P 500 from today
Indexes
S&P 500: closed down 0.9% to 5,708.35
NASDAQ 100: closed down 1.5% to 17,917.73
Dow Jones: closed down 0.4% to 42,145.78
Best and Worst Performing Large Cap Stocks from today
Get Ready For Tomorrow
TESLA Q3 DELIVERIES: Tesla is expected to release its Q3 data tomorrow morning before the markets open, normally the numbers come out around 9AM ET.
Wall ST is expecting deliveries to come in ~466.3K which would be up 6.5% YoY
Wednesday 10/2/24 Catalyst Watch: I love this catalyst watch from SeekingAlpha … it always has a couple of events that I had no idea about (as seen below). If you use this link you’ll get a free trial to SeekingAlpha and a discount if you end up joining.
Macro: Schedule for tomorrow 10/2/24 (All times are in EST time)
8:15AM ET - ADP Employment
9AM ET- Fed Hammack Speech
10:05AM ET- Fed Musalem Speech
10:30AM ET- EIA Crude report
11AM ET - Fed Bowman Speech
12:15PM ET - Fed Barkin Speech
Nike Earnings
NIKE $NKE JUST REPORTED EARNINGS
EPS of $0.70 beating expectations of $0.53
Revenue of $11.6B missing expectations of $11.65B— Evan (@StockMKTNewz)
8:15 PM • Oct 1, 2024
Nike said it’s postponing its Investor Day event and had a shorter earnings call than usual due to its previously announced CEO transition. Nike withdrew its annual guidance for the fiscal year and will only be giving out quarterly guidance.
Nike’s CFO said on the earnings call “A comeback at this scale takes time, and well there are some early wins we have yet to turn the corner”
The Daily Recap
India 🇮🇳 will fabricate its first chip in two years, Commerce Minister Piyush Goyal told CNBC as Nvidia $NVDA, $AMD, and Micron $MU pledge to expand to the country - CNBC
— Evan (@StockMKTNewz)
6:47 PM • Oct 1, 2024
JUST IN:
Apple $AAPL is preparing to announce a new updated entry-level iPhone SE next year
The current SE model costs $429 - Bloomberg
— Evan (@StockMKTNewz)
7:42 PM • Oct 1, 2024
The President of the port worker's union said they want a 61.5% pay increase - CNBC
— Evan (@StockMKTNewz)
12:29 PM • Oct 1, 2024
The S&P 500 has averaged a +1.7% return with a 60% win rate over the last 10 Octobers - SeekingAlpha
— Blossom (@meetblossomapp)
3:42 PM • Oct 1, 2024
IRAN 🇮🇷 BEGINS MISSLE LAUNCHES AGAINST ISRAEL 🇮🇱 : IDF VIA BLOOMBERG
— Evan (@StockMKTNewz)
4:34 PM • Oct 1, 2024
The VIX is back over 20
— Evan (@StockMKTNewz)
5:20 PM • Oct 1, 2024
Italian 🇮🇹 Prime Minister Giorgia Meloni and Blackrock CEO Larry Fink held discussions about Blackrock investing in Italy
The talks focused on strategic infrastructure such as data centers, as well energy and transport - Bloomberg
— Evan (@StockMKTNewz)
2:59 AM • Oct 1, 2024
EUROZONE 🇪🇺 INFLATION COMES BELOW TARGET FOR FIRST TIME IN THREE YEARS
CPI across the Eurozone increased by +1.8% YoY in September below the ECB's 2% target for the first time since June 2021 - WSJ
— Evan (@StockMKTNewz)
12:23 PM • Oct 1, 2024
SAMSUNG TO CUT THOUSANDS OF JOBS AS PART OF WORLDWIDE LAYOFFS
— Evan (@StockMKTNewz)
3:27 PM • Oct 1, 2024
NOVO NORDISK $NVO JUST SAID IT PLANS TO SHIP PRODUCTS TO AND FROM THE US VIA AIRFREIGHT TO MINIMIZE OR PREVENT ANY PRODUCTION DISRUPTION DUE TO THE SEAPORT STRIKES - CNBC
— Evan (@StockMKTNewz)
5:15 PM • Oct 1, 2024
$DELL CEO Michael Dell just filed for his sale of $1.2 Billion worth of Dell
— Evan (@StockMKTNewz)
8:56 PM • Sep 30, 2024
All these stocks hit new 52 WEEK HIGHS at some point today
Facebook $META
Lockheed Martin $LMT
Alibaba $BABA
Raytheon $RTX
Home Depot $HD
Deere $DE
Lowe's $LOW
Sea Limited $SE
NextEra $NEE
Live Nation $LYV
Northrop Grumman $NOC
Realty Income $O
Aflac $AFL
Apollo $APO
$AXON… x.com/i/web/status/1…— Evan (@StockMKTNewz)
7:57 PM • Oct 1, 2024
All these stocks hit new 52 WEEK LOWS at some point today
Boeing $BA
Celsius $CELH
GlobalFoundries $GFS
Humana $HUM
SiriusXM $SIRI
Stellantis $STLA
Site Centers $SITC
HF Sinclair $DINO x.com/i/web/status/1…— Evan (@StockMKTNewz)
7:24 PM • Oct 1, 2024
Links to check out
MY INTERVIEW WITH VLAD TENEV - I got the chance to interview Robinhood CEO Vlad Tenev last week and if you haven’t already listened to it you’re missing out. Make sure you also subscribe to my YouTube channel while you’re there
Blossom - DONT MISS MY Q4 INVESTING COMPETITION … I’m doing a stock picking competition for Q4, you can track the entire thing in real time for FREE with Blossom
Earnings Calendar - Earnings Hub is the best place out there for Earnings season. It is by far my favorite feature is the AI Summaries of the earnings calls … you need to check it out!!