A Melt Up?
Q: Who were the Top 10 Blue Chip performers over the last 90 Days?
A: Tune in to today’s broadcast and follow along as Alex Tollen, Chief Operating Officer, guides investors through the research below.
Q: Who were the worst Blue Chip performers over the last 90 Days?
A: Tune in to today’s broadcast and follow along as Alex Tollen, Chief Operating Officer, guides investors through the research below.
Q: What is the current U.S. Economic Growth estimate?
A: The Atlanta Federal Reserve’s GDPNow raised the Q3 estimate to 4.1%!
Headline Round Up
*Diabetes Weight Loss Drugs Spike!
*U.S. Core Consumer Price Index’s July Inflation Just .2% or 2.5% Annualized.
*Philadelphia Federal Reserve President Patrick Harker Signals No More Interest Rate Increases?
*Oil Tops $84 per Barrel Signaling a Breakout Rally! Why?
*Stocking Up: European Natural Gas Surges 40%.
*Big Oil Has a Talent Crisis as High Salaries Are Not Enough?
*Array Technologies Surges 15% on Strong Results.
*GM Announces Electric Escalade starting at $130,000.
*S&P Global Drops Environmental, Social & Governance (ESG) Scores From Its Debt Ratings.
*ESPN Gets Into Sports Betting?
*Vistra Jolts to $476 Million in Operating Profit.
*Toast Spikes 15% on Huge Dominant Revenue Gains.
*Chinese Exports Plunge!
*U.S. Productivity Skyrockets.
*Artificial Intelligence (AI) Bubble Ending?
*PayPal Launches Stablecoin.
*Brookfield Asset Management Expects to Raise Record $150 Million.
*Berkshire Hathaway, Inc. Spikes to Record High!
*Blackstone Inc. Doubles Down on Clean Tech.
Skid Row:
*Electric Bus Maker Proterra Files for Bankruptcy Less Than 3 Years After Initial Public Offering (IPO).
*Lucid Deliveries Disappoint in the Second Quarter.
*WeWork Did Not Work: Now Bankrupt After 2021 Public Listing.
Evolution of Atlanta Fed GDPNow Real GDP Estimate for Q3 2023
– Courtesy of The Atlanta Federal Reserve
Generic Crude Oil Futures Contract Spot Price (12/30/2022 – 08/11/2023)
– Courtesy of Bloomberg LP
Department of Energy – Total Change in Cushing, OK Crude Oil Inventories Data & Generic Crude Oil Contract Spot Price (08/11/2021 – 08/04/2023)
– Courtesy of Bloomberg LP
Generic Natural Gas Futures Contract Spot Price (12/30/2022 – 08/11/2023)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index – Top 10 and Bottom 10 (05/11/2023 – 08/11/2023)
– Courtesy of Bloomberg LP
AllianceBernstein Global High Income Fund (07/28/1993 – 08/11/2023)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index – Quarterly Earnings Analysis By Sector (05/16/2023 – 08/15/2023)
– Courtesy of Bloomberg LP
