January 3rd, 2025
Stock futures higher, interest rates lower, oil over $73 and gold over $2,650. CNBC
The 119th Congress convenes today, with US House to vote on a speaker; current speaker Rep. Mike Johnson. 1440
President Biden officially blocked the takeover of US Steel by Japan’s Nippon Steel citing national security. CNBC
Tesla has first-ever annual drop in delivery numbers; Tesla delivered more than 1.7 million electric vehicles in 2024, down from more than 1.8 million in 2023. CNBC
Rolex hiked prices on several of its watches this year as the cost of gold continues to surge. Morning Brew
Morgan Stanley quit the Net-Zero Banking Alliance, joining Citigroup and Bank of America in ditching the climate group meant to help reduce global greenhouse gas emissions. Morning Brew
Notre Dame tops Georgia to advance to College Football Playoff semifinals against Penn St. ESPN
Chiefs have five Pro Bowlers: Travis Kelce, Chris Jones, Joe Thuney, Creed Humphrey and Trey Smith. Patrick Mahomes left off for first time since he was a starter. ESPN
Wayne Osmond, original member of the Osmond Brothers and sibling to Donny and Marie Osmond, dies at age 73. 1440
Billie Eilish's "Birds of a Feather" is Spotify's most-streamed song of 2024. 1440
Volcanic activity under the Yellowstone caldera is shifting; one of the world's biggest supervolcanoes, Yellowstone has experienced three massive eruptions over the past 2 million years. 1440
Winter storm to bring snowfall and ice from Central Plains to mid-Atlantic regions this weekend; between 6 and 12 inches of snow expected. 1440
In December, nearly 900 passengers and crew members across 5 outbreaks on cruise ships were afflicted with norovirus. CDC reported 91 norovirus cases during the week of Dec. 5, the highest number over that period in several years. 1440
Apple is incorporated on this day in 1977. 1440
The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.
Leslie Darrington
Managing Partner, Financial Advisor
January 2nd, 2025
Stock futures higher, interest rates lower, oil around $72.5 and gold over $2,630. CNBC
In 2024, Nasdaq rises almost 29%, followed by S&P500 up 23% and the Dow up 13%. CNBC
Sp500 up over 20% two years in a row for first time since 1998-99. Bilello
In 2024, Palantir, Vistra and Nvidia the top performers in SP500. Walgreen, Intel and Moderna were the worst performing. Billelo
In 2024, Cocoa was up over 170%, coffee up over 70% and Natural Gas up around 45%. Soybeans were down around 22%, cotton down 16% and wheat down 12%. Bilello
Active US home listings in November were up 12% year over year, because houses are staying on the market longer. More than half of the homes listed in November had been up for sale for at least 60 days, the highest share for any November in five years. Redfin
Gas exports from Russia to Europe via Ukrainian pipelines end, as Ukraine declines to renew transit deal amid ongoing war. 1440
Jimmy Carter to lie in state in the US Capitol next Thursday; flags to be held at half-staff for 30 days. 1440
US House of Representatives to vote for speaker tomorrow; current speaker Mike Johnson can afford only one no vote from GOP caucus. 1440
20 states to increase minimum wage and Florida's ban on social media for children under 14 start today. 1440
Apple is giving customers 500 Chinese yuan ($68.50) off of the iPhone 16 Pro or iPhone 16 Pro Max and 400 yuan off the iPhone 16 or iPhone 16 Plus. CNBC
Shipments of Apple smartphones fell 6% year over year in China during the third quarter while shipments of Huawei devices jumped 24% year over year. CNBC
Twenty-six restaurant companies filed for Chapter 11 bankruptcy protection in 2024. CNBC
The Sugar Bowl, featuring Notre Dame and Georgia will be played this afternoon at 3 pm CT. ESPN
Penn State to play the winner of today’s Sugar Bowl. Ohio State to face Texas in the other football semifinal. ESPN
Chiefs at Denver at 325pm on Sunday. Expect many starters to rest. Broncos need win to get in playoffs. ESPN
"Squid Game" season 2 hauls in 68 million views in its first four days, a Netflix record-high for a series opening weekend. 1440
The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.
Charles L Schorgl, Jr.
Managing Partner - Financial Advisor
December 31st, 2024
Stock futures higher, interest rates flat, oil over $71 and gold over $2,610. CNBC
The NY Stock Exchange and Nasdaq will be closed January 9 for a day of mourning for Jimmy Carter. CNBC
A blackout hit nearly all of Puerto Rico with more than 1.2 million out of 1.47 million clients were without power. CNBC
The 10th and final distribution from a fund for victims of Bernie Madoff’s ponzi scheme. The last disbursement of more than $131 million, is being sent to more than 23,000 victims worldwide. That tally is nearly 94% of the estimated total losses from the scam. CNBC
New York’s congestion pricing law is set to begin on Jan. 5th. Cars would pay a peak fee of $9 from 5 a.m. to 9 p.m. on weekdays and 9 a.m. to 9 p.m. on weekends. CNBC
Natural gas hit a 2 year high yesterday. Barchart
US credit card defaults hit $46 billion in the first 9 months of 2024 which is a 50% increase over the last year. Kobeissi
Chinese state-sponsored hackers broke into the U.S. Treasury Department earlier this month and stole documents from its workstations. Reuters
42% of 12th graders reported alcohol consumption, down from 75% in 1997. Among 10th graders, consumption fell from 65% to 26%. Axios
Marijuana consumption levels are the lowest they have been in the past three decades: 26% for 12th graders and 16% for 10th graders. Axios
Nicotine vaping for 12th-graders was 21%, compared to 35% in 2020 and 19% in 2017. Axios
NY Jets are expected to interview former Jets coach Rex Ryan and Ron Rivera. ESPN
Six former Florida St basketball players sued coach Leonard Hamilton, alleging he failed to make good on a promise to get each of them $250,000 in NIL compensation. ESPN
12 years ago today, the Chiefs fired Romeo Crennel as head coach. That was the Chiefs last losing season. ESPN
LeBron James turned 40 and Tiger Woods turned 49 yesterday. 1440
The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.
Charles L Schorgl, Jr.
Managing Partner - Financial Advisor
December 30th, 2024
Stock futures down sharply, interest rates lower, oil around $71 and gold around $2,615. CNBC
Former President Jimmy Carter passed away yesterday. Carter was the only US president to live to 100 years old. 1440
At least 179 people were killed yesterday morning when a commercial airliner crashed at South Korea's Muan airport. 1440
Donald Trump asks Supreme Court to pause upcoming Jan. 19 deadline requiring TikTok be divested or face a US ban; court to hear case Jan. 10th. 1440
Jeff Bezos-owned Blue Origin receives license for a test launch of its New Glenn heavy-lift launch vehicle. 1440
In the last 10 years, the Nasdaq is up over 430%, the sp500 is up over 240% and the China large cap stocks are down around 4%. Billelo
The spread between China and US 10 year bonds is around 294 basis points…….the largest ever. Kobeissi
China’s crude oil imports declined by 3.4% in the first 10 months of 2024. Kobeissi
US money supply grew by 3.7% over the last year which is the most since 2022. Billelo
The average price of a used Tesla hit a record low of around $30,500 and down over 55% since July 2022. Billelo
Eagles Saquon Barkley became just the ninth player in NFL history to rush for 2,000 yards in a season. ESPN
Miami's Cam Ward breaks all-time NCAA Division 1 record for most career TD passes with 156. ESPN
Greg Gumbel, a veteran of CBS Sports who spent more than 50 years in sports broadcasting, has died of cancer at the age of 78. ESPN
Homelessness in the US reached the highest level since the federal government began keeping records. Nearly 772,000 people experienced homelessness, up 18% from 2023. 1440
43% of US adults view themselves as overweight. 1440
Denzel Washington turned 70 on Saturday. 1440
The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.
Charles L Schorgl, Jr.
Managing Partner - Financial Advisor