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- StockMKTNewz Daily Recap 10/7
StockMKTNewz Daily Recap 10/7
THE CALM BEFORE THE STORM
Daily Stock Market Recap: 10/7
Hey everyone, it’s @StockMKTNewz - Evan! We’re back again with a DAILY STOCK MARKET NEWS RECAP
New week, new opportunities. Earnings season is kicking off, and we’ve got some big events/data incoming. Today, we’re covering all the latest stock news, what’s moving, and what you need to keep an eye on this week.
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 1% to 5,693.81
NASDAQ 100: closed down 1.23% to 17,915.19
Dow Jones: closed down 0.96% to 41,944.92
Best and Worst Performing S&P 500 Stocks from Today
Get Ready For Tomorrow
Tuesday 10/8 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 paying.
EARNINGS: Here’s the earnings calendar I use all day every day during earnings season. Make your earnings season 10x easier and check out Earnings Hub
Macro: Schedule for tomorrow 10/8 (All times are in ET)
3:00AM ET - Fed Kugler Speech
6AM ET - NFIB optimism index
8:30AM ET - US Trade Defecit
12:45PM ET - Fed Bostic Speech
4PM ET - Fed Collins Speech
7:30PM ET - Fed Jefferson Speech
There A LOT more going on later in the week … here’s a thread I made highlighting all of the biggest events to watch out for this week
GET READY FOR ONE OF THE CRAZIEST WEEKS OF THE QUARTER IN THE STOCK MARKET
- Tesla's $TSLA 10/10 event
- Nvidia $NVDA AI Summit
- EARNINGS SEASON IS BACKHere's a full catalyst watch to help you get prepared 🧵⬇️ x.com/i/web/status/1…
— Evan (@StockMKTNewz)
2:55 PM • Oct 6, 2024
The Daily Recap
Apple $AAPL is targeting an Oct 28th release date for its new Apple Intelligence AI features - Bloomberg
— Evan (@StockMKTNewz)
4:02 PM • Oct 7, 2024
Nvidia $NVDA closed today with a larger market than Microsoft $MSFT
— Evan (@StockMKTNewz)
9:05 PM • Oct 7, 2024
Citi just said it now thinks Jerome Powell and the 🇺🇸 Fed will cut rates by 25 BPs in November down from its previous 50 BPs forecast
— Evan (@StockMKTNewz)
12:23 PM • Oct 7, 2024
All these stocks hit new 52 WEEK HIGHS at some point today
Facebook $META
Exxon Mobil $XOM
Alibaba $BABA
Lockheed Martin $LMT
Caterpillar $CAT
Raytheon $RTX
T-Mobile $TMUS
$IBM
United Airlines $UAL
Arista $ANET
Applovin $APP
$ARES
$AXON
Boston Scienfitic $BSX
Instacart $CART… x.com/i/web/status/1…— Evan (@StockMKTNewz)
7:50 PM • Oct 7, 2024
GOOGLE $GOOGL ORDERED TO OPEN ANDROID APP STORE IN EPIC GAMES TRIAL
A 🇺🇸 judge issued a permanent injunction today that will force Google to offer alternatives to its Google Play store for downloading apps on Android phones - CNBC
— Evan (@StockMKTNewz)
9:20 PM • Oct 7, 2024
Robinhood $HOOD just announced it plans to host its first Investor Day on December 4th in New York City
— Evan (@StockMKTNewz)
8:07 PM • Oct 7, 2024
Super Micro $SMCI closed higher today after saying that it had recently deployed more than 100,000 GPUs with its liquid cooling solution system for some of the largest AI factories
— Evan (@StockMKTNewz)
8:00 PM • Oct 7, 2024
Apple $AAPL bought back $439.8 Billion worth of its own stock over the last 5 years more than any other company
— Evan (@StockMKTNewz)
1:14 PM • Oct 7, 2024
GOLDMAN SACHS INCREASES 2024 YEAR-END S&P 500 TARGET TO 6000 FROM 5600
GOLDMAN SACHS DECREASED ITS CHANCES OF THE US FALLING INTO A RECESSION TO 15% DOWN FROM 20%
— Evan (@StockMKTNewz)
11:21 AM • Oct 7, 2024
Links to check out
JOIN MY INVESTING COMMUNITYDon't 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 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!! |  |
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!
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