Q: What is the average appreciation on the Dow Jones Industrial Average Index (Dow Jones) since February of 2020?
A: The Dow Jones was near 29,500 on February 14, 2020 and hit slightly over 33,000 on October 26, 2023. This equates to roughly a 11% gain during that time, annualizing at approx. 3%.
Q: Will the U.S. Government shutdown November 17th?
A: Tune in to today’s broadcast and follow along as Alex Tollen, Chief Operating Officer, covers the topic in detail during the Profit Report!
Headline Round Up
*U.S. Gross Domestic Product (GDP) for Q3 at 4.9%.
*Another Big Oil Mega Merger: Chevron Buys Hess for $53 Billion in All Stock Deal.
*Clean Energy Stocks Free Fall Due Federal Reserve Interest Rates!
*3M Hits 12 Year Low at 9 Times Earnings, But Boosts Forward Guidance.
*Dallas Based Diaper Giant Kimberly-Clark Boosts Forward Guidance After 4 Strong Quarters.
*GE Boosts Profit Outlook Citing Surging Demand for Jet Engines.
*Coca-Cola Raises Outlook While Shoppers Tolerate Price Hikes.
*T-Mobile Also Raises Profit Guidance After Beating Q3 Estimates.
*Microsoft Nears All Time High Breakout with 27% Earnings Growth.
*Big Tech “Magnificent 7” Drops Over $200 Billion in Value.
*GM Scales Back Electric Vehicle (EV) Plans.
*Barbie Sales Soar, But Mattel Gets Pounded?
*New Home Sales Surge 12%, Highest in Over a Year.
*Texas Instruments 3 Year Low After a Tough Year.
Profit Report
*The Looming Government Shutdown November 17th?
Dow Jones Industrial Average Index (10/26/2020 – 10/26/2023)
– Courtesy of Bloomberg LP
Invesco QQQ Trust Series 1 (10/26/2020 – 10/26/2023)
– Courtesy of Bloomberg LP
GDP U.S. Personal Consumption Chained Dollars, Year over Year, Seasonally Adjusted (10/31/2003 – 09/30/2023)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index – Earnings Analysis by Sector (08/16/2023 – 11/15/2023)
– Courtesy of Bloomberg LP
U.S. NY Fed Equifax Flow Early Deliquency 30+ [Days] By Loan Type Percent Auto (06/30/1993 – 06/30/2023)
– Courtesy of Bloomberg LP
Generic Oil Futures Contract Spot Price (10/26/2020 – 10/26/2023)
– Courtesy of Bloomberg LP
Dow Jones Industrial Average Index (12/15/2018 – 03/15/2019)
– Courtesy of Bloomberg LP
