February 21st, 2025
Stock futures mixed, interest rates flat, oil around $72 and gold around $2,925. CNBCMitch McConnell announced he will not seek an 8th term in US Senate. He is 83. 1440
Kash Patel confirmed by the US Senate to lead the FBI. 1440
IRS begins laying off roughly 6,700 employees, or over 6% of the agency's workforce; those who have worked for less than one or two years are primarily affected. 1440
OpenAI tops 400 million weekly active users, up 33% in less than three months, with paid business users crossing 2 million. 1440
Delta offering $30,000 to each passenger aboard flight from Minneapolis that crashed and flipped upside down while trying to land in Toronto. NY Times
Apple rolled out its newest iPhone SE this week. The iPhone 16e, which is priced at $600 and will start shipping on February 28. CNBC
Amazon surpasses Walmart in revenue for the first time, bringing in $187B in Q4. CNBC
Amazon MGM Studios gains creative control over James Bond film franchise. CNBC
Canada tops Team USA 3-2 in overtime to win 4 Nations Face-Off title. ESPN
PGA commissioner Jay Monahan, Tiger Woods and Adam Scott met with officials at the White House in a step in reunifying men's professional golf. ESPN
Spurs star Victor Wembenyama expected to miss the remainder of NBA season with a deep vein thrombosis in his right shoulder. ESPN
MLB to experiment with automated ball-strike challenge system during spring training. ESPN
ESPN and MLB will no longer be partners following the 2025 season, as the sides agreed to mutually opt out of their broadcast contract. ESPN
In-N-Out is moving its headquarters from California to Tennessee. MSN
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
February 20th, 2025
Stock futures lower after Walmart earnings released. Interest rates flat, oil around 72.5 and gold around 2,945. CNBCPope Francis has pneumonia in both lungs and remains hospitalized in Rome. 1440
At least 58 new cases of measles have been reported across northwest Texas in recent weeks that might be linked to lack of vaccination. CNBC
Brazilian authorities charged former President Jair Bolsonaro and 33 others yesterday with orchestrating a coup after the 2022 presidential election. 1410
Sentiment among homebuilders dropped to the lowest level in five months, largely due to concern over tariffs. The National Home Builders’ Index dropped a sharp 5 points from January. CNBC
Transportation Department rescinds approval of NY City’s congestion pricing program, which went into effect in January. 1440
KFC, the fried chicken chain, will move U.S. headquarters from Louisville, Kentucky, to Plano, Texas. CNBC
LIME, the e-bike and scooter company, reported 30% growth in bookings last year. CNBC
Huawei launched its trifold Mate XT phone outside of China for the first time at a $3,660 price point. CNBC
Electric vehicle startup Nikola filed for Chapter 11 bankruptcy. CNBC
#14 Mizzou beat #4 Alabama 110-98 in men’s basketball. ESPN
Saturday's USA vs. Canada hockey game averaged over 10 million viewers (4.4M in U.S. and 5.7M in Canada), which tops every non-Stanley Cup Final game since 2014. Tonight’s game (7pm) could draw more. Yahoo
Seven men charged for roles in a string of robberies at athletes' homes, including Patrick Mahomes, Travis Kelce, and Joe Burrow. 1440
NFL salary cap will be between $277.5 million and $281.5 million. That's up from $255.4 million last year. ESPN
The average age of top ranked Auburn's starting five (23.2) is nearly the same as the NBA’s Oklahoma City Thunder (24.1). Yahoo
The NBA's new-look All-Star Game drew just 4.7 million, which is down 13% from last year and marks the second-lowest figure in the last 25 years. Yahoo
"Wicked" star Cynthia Erivo tapped to host 2025 Tony Awards. 1440
John Glenn becomes first American to orbit Earth on this day in 1962. 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
February 19th, 2025
Stock futures slightly lower, interest rates higher, oil around $72.5 and gold over $2,935. SP500 and Nasdaq hit new highs yesterday. CNBCHamas to release six Israelis Saturday, return the bodies of four others Thursday; hostages would be the last freed under the first phase of current ceasefire. 1440
Exports from Ireland to the US soared some 34% in 2024, as Irish total exports rose to a record €224 billion (~$235 billion). Chartr
Gold futures are at a record highs, closing last week above $2,920. CNBC
January’s coldest average temperatures since 1988 contributed to retail sales dropping 0.9% — the most in almost 2 years. Chartr
Southwest Airlines to cut 15% of corporate jobs, or about 1,750 people. CNBC
Sony’s PS5 sold 9.5 million units in the holiday quarter, after its PS5 Pro hit shelves in November. That’s the PS5’s best quarter ever and brings the PS5’s lifetime total to 75 million units sold. Chartr
Coca-Cola introduces prebiotic soda brand Simply Pop in the US. CNBC
Nike partners with Kim Kardashian's shapewear brand Skims to launch women's activewear brand this spring. CNBC
Kansas loses 91-57 at unranked BYU which is the worst loss under Bill Self. ESPN
Tom Izzo won his 354th Big 10 game on Saturday, which moved him past Bobby Knight. Yahoo
Mike Trout is moving to right field in an effort to preserve his body. Injuries have limited him to just 266 of a possible 648 games over the last four seasons. Yahoo
Kendrick Lamar becomes first hip-hop artist to land three albums at the same time in Top 10 of Billboard 200 albums chart. 1440
Matt Damon tapped as star of Christopher Nolan's upcoming film "The Odyssey," slated for a July 2026 release. 1440
China's "Ne Zha 2" hauls in $1.69B at box office to pass "Inside Out 2" as the highest-grossing animated film ever. 1440
Today marks the 80th anniversary of the Battle of Iwo Jima during World War II. 1440
"SNL" 50th anniversary special hauls in 14.8 million viewers. 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
February 18th, 2025
US stocks higher, interest rates higher, oil around 71.50 and gold around $2,920. CNBC
Secretary of State Marco Rubio met their Russian counterparts in Saudi Arabia to discuss a path toward ending the war in Ukraine. Ukrainian President Zelenskyy said his country had not yet been invited to participate. 1440
US Treasury Secretary Bessent delivered a document to Ukrainian President Zelensky that requested Ukraine to give the US about 50% of the ownership rights to its deposits of precious minerals. Morning Brew
88 year old Pope Francis will remain in a Rome hospital longer than expected due to a "complex clinical picture" from a respiratory tract infection. 1440
Israel and Hamas complete sixth prisoner swap; 19 Israelis and more than 1,000 Palestinians have been exchanged since first phase of ceasefire. 1440
The vast majority of the US will see subfreezing temperatures this week. This is the 10th polar vortex for the contiguous 48 states this winter season, compared to the two to three seen during an average winter. 1440
Apple to add its AI-powered assistant platform, Apple Intelligence, to Vision Pro headsets, along with more immersive content. CNBC
Uber sues DoorDash, accusing the food delivery platform of anticompetitive practices. CNBC
Team USA hockey tops Canada in 4 Nations Face-Off round-robin, will advance to Thursday's Final. ESPN
Stephen Curry named NBA All-Star game MVP, Mac McClung wins third-straight dunk contest. McClung dunked while jumping over a car. ESPN
William Byron wins back-to-back Daytona 500 races……why have I never heard of him??? ESPN
The Cubs and Dodgers will hit the field in Arizona on Thursday to kick off the exhibition schedule. The defending-champion Dodgers spent more than $450 million in free agency. ESPN
Jannik Sinner, the world No. 1 in men’s tennis, was banned for three months due to two positive drug tests last year. ESPN
“Conclave" is big winner at 2025 British Academy Film Awards, hauling in four wins, including best film. 1440
Marvel’s Captain America: Brave New World was a runaway No. 1 at the global box office over the weekend, with Walt Disney Studios expecting it to bring in $192.4 million. CNBC
Presidents’ day was originally celebrated on February 22, the day George Washington was born, the holiday was moved to the third Monday in February in 1971. 1440
Michael Jordan turned 62 on Monday and John Travolta turns 71 today. 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
February 14th, 2025
Happy Valentine’s DayStock futures lower after weak retail sales. Interest rates lower, oil around $71.5, and gold around $2,920. CNBC
Retail sales slipped 0.9% for the month from an upwardly revised 0.7% gain in December worse than estimate for a 0.2% decline. CNBC
Robert F. Kennedy Jr. confirmed as health secretary. 1440
Hamas says it is ready to resume releasing hostages in Gaza this weekend if Israel holds up its end of ceasefire deal. 1440
US household debt reaches all-time high of $18T with total credit card balances at record-high $1.2T. Federal Reserve Bank NY
The Boring Company announces deal to build 10-mile-long underground tunnel in Dubai; Elon Musk-owned company built and operates similar project under Las Vegas. 1440
Blue Origin, Jeff Bezos’s space company, is cutting 10% of its workforce. Bloomberg
“Saturday Night Live" will celebrate its 50th anniversary Sunday (7 pm CT, NBC) with a 3 hour special featuring former cast members, hosts, and major musical guests. In its normal 11:30 pm ET slot Saturday, viewers can watch a rerun of the debut episode. 1440
The Chiefs have given Travis Kelce until March 14 to decide whether or not he'll play next season. He is due a $12.5 million bonus on March 15. Yahoo
The 2025 NBA All-Star Game is set for Sunday. ESPN
Mac McClung is one of five players to win two straight NBA Slam Dunk Contests and he'll be going for the three-peat on Saturday. Yahoo
NASCAR Cup Series kicks off this Sunday with the 67th Daytona 500. ESPN
New York Jets parting ways with Aaron Rodgers after he played just one full season with the team. ESPN
Lovebirds in the US projected to spend a record $2.9 billion in V-Day flowers. Nearly 80% of the fresh-cut flowers in the US are imported, mainly from Colombia and Ecuador. National Retail Federation
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
February 13th, 2024
Stock futures higher despite a hotter than expected PPI. Interest rates lower, oil under $71 and gold over $2,920. CNBCThe producer price index increased by a seasonally adjusted 0.4% on the month, compared to the Dow Jones estimate for 0.3%. CNBC
President Trump spoke with Vladimir Putin yesterday, signaling a first step to end the war in Ukraine. The pair reportedly agreed to visit each other's country to meet in person in the future. 1440
Thousands of U.S. civil servants were cleared to take a buyout after a federal judge ruled the downsizing effort could proceed. About 75,000 workers have signed up for the buyout. CNBC
Gold futures hit a record high this week. Gold's up 12% in 2025 and rose 45% over the last 12 months and 86% since early 2020. Axios
Travelers estimated it will incur $1.7 billion in pre-tax losses from the Los Angeles wildfires. It comes after Allstate estimated $1.1 billion in losses and Chubb pegged its losses at $1.5 billion. Bloomberg
The percentage of doctor visits due to flu-like symptoms last week was higher than the peak of any flu season since 2010. There have been at least 24 million cases of influenza (and 13,000 deaths) this winter season. CDC
Italy performed its biggest crackdown on the Sicilian mafia in decades, arresting 160 members of Cosa Nostra following a wiretap investigation. Financial Times
Chevron to lay off between 15% and 20% of its global workforce, or as many as 9,000 people, by end of 2026. CNBC
Japanese automakers Honda and Nissan have called off merger talks. Their potential would have created the world’s third-largest auto company. CNBC
Monty, a giant schnauzer, won best in show at the Westminster Kennel Club Dog Show. Morning Brew
Eagles offensive lineman Darian Kinnard became the 2nd player ever to win three consecutive Super Bowls after the third-year pro spent his first two seasons with the Chiefs. Yahoo
Kevin Durant became the 8th player in NBA history to score 30,000 points. Yahoo
Ohio State is finalizing a deal to make veteran NFL coach Matt Patricia the school's new defensive coordinator. ESPN
Americans donated $557 billion in 2023. Two-thirds of that money came from individuals giving. USA
Mariah Carey, Oasis, and Outkast headline the list of 14 nominees for the 2025 class of the Rock & Roll Hall of Fame. 1440
Super Bowl LIX pulls in record $800M in ad revenue for Fox Corp. 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
February 12th, 2025
US stock futures were flat before the CPI was released and now sharply lower. Interest rates higher, oil around $72 and gold around $2,890. CNBCThe consumer price index accelerated 0.5% for the month, putting the annual inflation rate at 3%. They were higher than the respective Dow Jones estimates for 0.3% and 2.9%. CNBC
Ukraine has offered to strike a deal for continued US military aid in exchange for developing Ukraine’s mineral industry, which could provide a valuable rare earth elements that are essential for technology. AP
Hamas accuses Israel of violating ceasefire deal, including shelling areas of Gaza, and says it will indefinitely suspend the release of hostages. 1440
President Trump played golf with Tiger and Charlie Woods on Sunday. ESPN
U.S. Mint to stop producing pennies. Each penny costs 3.69 cents to produce in fiscal year 2024, costing taxpayers $119 million. This marked the 19th consecutive year in which production exceeded its face value. When it was first produced, the coin was larger and made of pure copper. Today’s smaller coin is made mostly of zinc. US Mint
It costs 13.78 to produce a nickel. US Mint
Berkshire Hathaway now holds a 28.2% stake in Occidental Petroleum. CNBC
Spirit Airlines rejected Frontier’s revised acquisition offer, worth about $2.16 billion. CNBC
Elon Musk-led group of investors submits $97.4B unsolicited offer to buy nonprofit OpenAI. CNBC
The Royals have hired Ned Yost as a senior adviser to general manager J.J. Picollo. ESPN
Royals pitchers and catchers report today. ESPN
Dodgers sign Clayton Kershaw which will be his 18th season. ESPN
The 2025 Super Bowl brought in a projected record total of 126 million viewers. Fox Sports
Tiger Woods has confirmed he will NOT play in this week’s Genesis Invitational at Torrey Pines. Golfweek
NASA has upped the probability that a newly discovered asteroid, known as 2024 YR, will hit Earth on Dec. 22, 2032 to 2.3% (a 1-in-43 chance). Chartr
Those over 60 years old account for about 22% of China's overall population, and roughly 300 million people—close to the entire US population—are projected to enter retirement in the next decade. 1440
Jennifer Aniston 56 today. 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
February 11th, 2025
Stock futures slightly lower this morning, interest rates little changed with the 10 year US treasury yield at 4.54%, oil higher at $73.34 and gold lower at $2,919. CNBNC
Federal Reserve Chair Jerome Powell will testify before Congress Tuesday morning, beginning two days of semiannual hearings on monetary policy on Capitol Hill. CNBC
President Trump introduced his latest round of tariffs Monday, signing an order that would levy a 25% tariff on steel and aluminum imports. CNBC
A house that was destroyed in the recent devastating wildfires that tore through the Los Angeles’s Pacific Palisades neighborhood listed for $999,000; the property got more than 60 offers and is now in escrow for what the agent who listed it describes as “a good chunk more” than $1 million. Before the fire, the home was valued at $2.7 million. Morning Brew
A group of investors led by Elon Musk made a $97.4 billion offer for control of OpenAI on Monday; the bid was rejected by OpenAI CEO Sam Altman who replied with an X post, “no thank you but we will buy twitter for $9.74 billion if you want.” CNBC
McDonald’s will continue its strategy of closing US store locations while expanding overseas. The company is on track to reach 50,000 restaurants by the end of 2027, which would mark its fastest ever period of global expansion. Chartr
The ride-sharing platform Lyft will launch driverless robotaxis in Dallas as early as next year. 1440
Despite government efforts, new marriages in China have sunk to a record low — only ~6.1 million couples tied the knot in 2024, down more than 20% from the year before. 1440
New Zealand is simplifying its “golden visa” program to attract wealthy foreign investors and home buyers to the country, including removing an English language requirement. Axios
Hamas accuses Israel of violating ceasefire deal, including shelling areas of Gaza, and says it will indefinitely suspend the release of hostages. 1440
Nearly 50 people were arrested in Philadelphia in the wake of celebration following Eagles' Super Bowl win Sunday night. 1440
Luka Doncic scored 14 points in 24 minutes in his debut win with the Lakers. ESPN
Fox Sports is projecting a Super Bowl record average audience of 126 million U.S. views across television and streaming platforms for Philadelphia’s 40-22 victory over Kansas City on Sunday night. ESPN
Ahead of Valentine’s Day, zoos across the country have rolled out fundraisers that allow you to get back at your ex in the pet-tiest way possible. A few examples:
-The San Antonio Zoo invites you to name a cockroach, rodent, or vegetable after your ex that’ll then be fed to its animals in exchange for a donation.
-For a $15 donation, the Columbus Zoo and Aquarium will let you name a superworm after an ex that’ll end up as lunch for the zoo’s sloth bears.
Morning Brew
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
February 10th, 2025
Stock futures higher, interest rates flat, oil around $72 and gold over $2,900. CNBC
The cost of eggs continues to hit record highs in the US, with wholesale prices above $7.30 for a dozen large white eggs. The figure is up from around $5 at the beginning of the year and almost three times as much year over year. USDA
Waffle House added a 50-cent-per-egg surcharge last week, and Trader Joe's has a one-dozen-per-customer limit nationwide. 1440
Israeli troops yesterday withdrew from a four-mile strip—the Netzarim Corridor—that divides northern and southern Gaza as part of a ceasefire agreement with Hamas. 1440
National Institutes of Health to cap indirect costs—funding that goes to administrative costs and other overhead—on new grants at 15%; current average is close to 30%, $9B of $35B in funding last year went to overhead. 1440
Meta expected to begin planned layoffs today, targeting low performing employees. CNBC
Eagles dominate Super Bowl and Chiefs don’t three-peat. The Eagles swarmed Patrick Mahomes all night, forcing four turnovers. Chiefs managed a meager 23 yards and a single first down in the first half. ESPN
The Eagles did not blitz on a single play. They generated 16 pressures and recorded six sacks, one shy of the Super Bowl record and the most Mahomes has ever taken. Yahoo
The Eagles entered their bye week at 2-2. The team responded by going 16-1 the rest of the way with nine double-digit wins. Yahoo
Eagles OC Kellen Moore is expected to be named Saints head coach. Yahoo
Eagle rookie Cooper DeJean (22) became the first player to score a birthday TD in the Super Bowl. Yahoo
Jets are moving on from Aaron Rodgers and Davante Adams. Yahoo
#1 Auburn and #2 Duke both lost in men’s basketball on Saturday, and KU lost at KST for the 3rd year in a row. ESPN
Luka Dončić will make his Lakers debut tonight. Yahoo
A Stradivarius violin from 1714 hauls in $11.25M at auction, becoming the third most expensive musical instrument sold at auction. 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
February 7th, 2025
Stock futures flat after payroll report. Interest rates higher, oil around $71 and golf around $2,865. CNBCNonfarm payrolls rose by 143,000 for the month, down from 307,000 in December and below the 169,000 forecast. The unemployment rate nudged lower to 4%. CNBC
Federal judge extends deadline for Trump administration's buyout offer to government workers to at least Monday. 1440
US Army helicopter that collided with an American Airlines jet last week had key surveillance system turned off. 1440
US office occupancy hit 54.2% in January, a post-pandemic record high. Occupancy rates vary widely, depending on the day of the week. On Tuesday, the rate was 63.4%. On Friday, the number fell to 36.7%. Axios
Andrea Mitchell is retiring her MSNBC anchor chair on Friday, Feb. 7, after nearly 17 years at the desk. MSN
Tesla sales in China down 11.5% from the same month last year. CNBC
Chiefs-Eagles is the ninth Super Bowl rematch. Good news for KC: In every previous rematch, the winner of the first game also won the second. Yahoo
Andy Reid will be coaching his 45th career playoff game, breaking a tie with Bill Belichick for the most in NFL history. Yahoo
Josh Allen edges Lamar Jackson to win NFL’s Most Valuable Player. ESPN
Tight end Antonio Gates, cornerback Eric Allen, defensive end (former KC Chief) Jared Allen and wide receiver Sterling Sharpe are the newest members of the Pro Football Hall of Fame. Eli Manning falls short. ESPN
The last time the Superdome hosted the Super Bowl, the lights went out in the 3rd quarter, causing a 34 minute delay. Yahoo
Which college has the most players in the Super Bowl? Oklahoma (for the 3rd year in a row!!!). Yahoo
Cowboys and Bills are only teams to meet in consecutive Super Bowls (1993 and 1994). Yahoo
Kendrick Lamar will perform at halftime of Super Bowl, with an appearance from R&B singer SZA. 1440
Garth Brooks 63 today. 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
February 6th, 2025
Stock futures higher, interest rates flat with 10 year Treasury at 4.42%, oil over $71 and gold over $2,860. CNBCPresident Trump signs executive order banning transgender athletes from competing in women's and girls' sporting events 1440
Cyber researchers say Chinese AI company DeepSeek is directly connected to infrastructure of the state-owned telecom firm China Mobile 1440
USPS resumes accepting inbound packages from China, Hong Kong less than a day after saying it would stop 1440
Argentina to withdraw from World Health Organization following US exit last month 1440
Amazon shipped a staggering 9 billion items the same or next day last year. Prime members globally saved $95 billion on free delivery, while US subscribers saved $500 on average — almost 4x the annual price of Prime Chartr
The number of US shoppers who use Prime — not paid subscribers, just those who access a membership — hit a record 194 million or around 75% of US adult population. Chartr
Nissan reportedly rejected Honda’s terms to merge the two Japanese automakers, though talks are continuing. CNBC
Jason Kelce arrived in New Orleans with an army of look-alikes in a "Where's Jason" search sponsored by Marriott Bonvoy. The winner gets to stay in the Courtyard Super Bowl Sleepover Suite inside the Superdome on Saturday night, plus tickets to Sunday's game. Yahoo
Travis Kelce to be in “Happy Gilmore 2” NY Post
The Royals announced a partnership with Gray Media to simulcast 10 Sunday games on local broadcast CBS-affiliates KCTV5 and KSMO KC Star
Dick Vitale will return to broadcasting for the first time in two years for Saturday's matchup between Duke and Clemson. Vitale, 85, who has been fighting cancer for 3½ years, announced he was cancer-free on Jan. 8. ESPN
Former Pro Bowl guard Conrad Dobler, once dubbed the NFL's "dirtiest player," had chronic traumatic encephalopathy (CTE) at his death in 2023. Dobler was diagnosed with Stage 3 CTE by researchers. ESPN
UCLA women are the only undefeated D1 basketball team in the nation (men or women) The Bruins (21-0) have won by an average of 27 points per game with just one single-digit victory. Yahoo
Joe Biden has signed with talent agency CAA, joining its star-studded ranks of Hollywood actors and sports legends along with Barack Obama CBS
Black Sabbath to reunite for Ozzy Osbourne's final concert July 5 at fundraiser festival that will also feature Metallica 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
February 5th, 2025
Stock futures lower, oil around $72, interest rates lower and gold around $2,860. CNBCUganda has initiated the first-ever trial for a vaccine against the Sudan strain of the Ebola virus following an outbreak. 1440
Senate confirms Doug Collins as veterans affairs secretary and Pam Bondi as US attorney general. 1440
The number of jobs ditched by US workers declined 11% last year compared to 2023 and was down 22% compared to 2022’s high. CNBC
At least 20,000 federal employees have taken the offer to leave their jobs and get paid through September. Morning Brew
State Farm, California’s largest home insurer, has sought permission to raise rates by an average of 22% in the wake of the LA wildfires. CNBC
President Trump is expected to be at Super Bowl, which would make him the first sitting president to attend. Morning Brew
Some Super Bowl tickets are below $4,000 on secondary markets, a 50% drop from last year’s record-high prices. Morning Brew
Andy Reid confirmed he will be back to coach the Chiefs next year. It will be Reid's 27th season as an NFL head coach and 13th with the Chiefs after 14 seasons with the Eagles. ESPN
Tiger Woods’ mother, Kultida, died Tuesday, the golfer announced in a statement. She was 78. ESPN
LeBron James and Luka Dončić are the only players in NBA history with career averages of 27 points, 7 rebounds and 7 assists. They're also two of six players to reach 12,000 points at age 25 or younger. Yahoo
Dallas Mavericks have offered refunds to fans who have canceled season tickets in the wake of the trade of Luka Doncic. ESPN
Texas QB Arch Manning opened as the early Heisman favorite ahead of his first season as the starter. Yahoo
Grammy Awards draw in 15.4 million TV viewers, a 9% drop from 2024. 1440
Waffle House is adding a $0.50-per-egg surcharge to its menu items. The avian flu outbreak, which started in 2022, is worsening. Roughly 104 million egg-laying birds have been put down over the past two years. Morning Brew
A dozen eggs in the Midwest cost $7.08 wholesale, as much as seven times the price two years ago. In NYC, a dozen cage-free eggs cost $11.99 at Whole Foods. USDA
McDonalds is bringing back the Shamrock Shake and is bringing back Grimace’s uncle to promote it. CNBC
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
February 4th, 2025
Stock futures are mixed this morning, interest rates higher with the 10-year US treasury yield at 4.59%, oil lower around $71.40 and gold slightly lower at $2,849.50. CNBC
The U.S. agreed to a monthlong pause on the implementation of tariffs through two separate deals with Mexico and Canada yesterday, temporarily averting 25% levies with large implications for all three countries involved. Axios
A 10% import tariff on Chinese imports that President Donald Trump ordered did kick in today; China announced retaliatory tariffs of up to 15% on select US imports starting February 10th. 1440
President Trump signed an executive order calling for the creation of a sovereign wealth fund (and hinted that it could buy TikTok); it’s unclear where the money would come from and if it will require congressional approval. Axios
USAID—an independent government organization that provides life-saving foreign aid to other countries—is holding on by a thread after Elon Musk orchestrated a physical takeover, suspending employees and taking away access to their accounts. However, Secretary of State Marco Rubio, who stepped in as the agency’s acting administrator yesterday, suggested he’d work with Congress to overhaul USAID instead of shuttering it completely. Axios
The Super Bowl advertisements are targeting more women this year, with companies like Novartis marking it’s Super Bowl debut with a 60-second commercial spotlighting breast cancer awareness, Him & Hers running it’s first ad highlighting America’s obesity crisis, and Dove with a 30-second ad discussing ways body confidence issues prevent girls from playing sports in high school. Axios
OpenAI unveiled a new agent that uses ChatGPT to conduct in-depth research. It’s creatively named “deep research.” Morning Brew
Roughly 200 earthquakes have rattled the Greek island of Santorini since Friday, with tremors occurring every few minutes and reaching a magnitude of up to 4.9. 1440
Uganda began an Ebola vaccine trial after the new outbreak killed a nurse and infected 2 others. AP News
The Super Bowl will stream for free on Tubi on it’s free, ad-supported platform. CNBC
Philadelphia Eagles quarterback Jalen Hurts said the loss to the Kansas City Chiefs in Super Bowl LVII “lit a fire” in him and he is focused on finishing the job this time around. ESPN
Travis Kelce said that even if the Kansas City Chiefs win a third straight Super Bowl on Sunday, he has no plans to retire. “I love doing this, I love coming into work every day. I feel like I still have a lot of good football left in me ….” Kelce said on Monday evening. ESPN
About 43% of fast food orders in the US overall happen at the drive-thru window, and 27% of those meals are downed before exiting the vehicle. Morning Brew
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
February 3rd, 2025
Stock futures lower after the US will apply broad 25% tariffs on all imports from Canada and Mexico and an additional 10% tariff on Chinese goods. CNBC
Interest rates lower, oil around $74.50 and gold around $2825. CNBC
Six Americans released from detention in Venezuela following diplomatic talks with senior Trump administration officials. 1440
President Trump and Israeli Prime Minister Benjamin Netanyahu will meet at the White House tomorrow. Morning Brew
Fire officials say deadly Eaton and Palisades wildfires in Los Angeles now 100% contained. 1440
Costco agrees to pay raises and avoids a strike; entry-level rate to increase to $20 per hour. CNBC
Wild Saturday for local college basketball. KST dominates at #3 Iowa St, Mizzou does the same at #14 Miss St, and KU builds a 21 point first half lead and then loses by 11. Iowa St at Kansas tonight. ESPN
Dallas Mavericks trade star Luka Doncic to Los Angeles Lakers for Anthony Davis. ESPN
Chip Kelly leaving the Ohio St to become Las Vegas Raiders Offensive Coordinator. ESPN
Eric Bieniemy headed to Chicago Bears as RB coach. ESPN
Nebraska considering cancelling spring game so other teams don’t poach their players. Over 60,000 attended last year. ESPN
At the Grammy Awards Beyonce’ won album of the year for "Cowboy Carter." She also nabbed an award for best country album. Kendrick Lamar dominated the Grammys and won five awards, including record of the year and song of the year for "Not Like Us." 1440
Punxsutawney Phil saw his shadow, meaning six more weeks of winter. The good news? His predictions are correct only 35% of the time. NOAA
“Atropia" wins top prize at 2025 Sundance Film Festival. 1440
It’s National Golden Retriever Day. 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
January 31st, 2025
Stocks higher this morning, interest rates higher with the 10-year US treasury yield at 4.53%, oil little changed at $72.58 and gold slightly higher at $2,846.70. CNBCPresident Donald Trump told reporters that his administration had yet to determine whether the proposed tariffs on Canada and Mexico would apply to oil imports. CNBC
OpenAI CEO Sam Altman gave government leaders, policy experts and journalists a sneak peek at coming technology yesterday during an off-the-record demo near Capital Hill. Axios
The FDA approved Vertex Pharmaceuticals’ non-opioid painkiller pill, a new alternative for pain relief that comes without the risk of addition. CNBC
Suni Williams and Butch Wilmore, the NASA astronauts who have been stuck on the International Space Station since June, performed their first spacewalk together. Morning Brew
Italy’s data protection authority on Thursday blocked access to the Chinese AI application DeepSeek to protect users’ data and announced an investigation into the company behind the chatbot. AP News
A 32-year-old man died Wednesday from the Sudan strain of the Ebola virus in Uganda’s capital of Kampala; the strain has a 50% fatality rate, and more than 40 close contacts of the victim have been placed under observation. 1440
China’s military is building a massive complex in western Beijing that could be the world’s largest military command center – at least 10 times the size of the Pentagon. The 1,500-acre construction site has “deep holes that military experts assess will house large, hardened bunkers to protect Chinese military leaders during any conflict – including nuclear war. Axios
NFL Pro Bowl Games kicked off last night and will continue through Sunday. ESPN
Miami Heat’s Terry Rozier is under federal investigation for alleged involvement in an illegal sports betting scheme. 1440
Denver was selected as the National Women’s Soccer League’s 16th team yesterday, and will begin playing in 2026. ESPN
The 67th Grammy Awards will be presented Sunday at 8pm ET. 1440
This weekend marks the 100th anniversary of the Nome Serum Run, a historic dog sled relay that saved the remote town of Nome, Alaska, from a diphtheria outbreak in 1925. Twenty mushers and more than 150 sled dogs transported an antitoxin 674 miles across harsh terrain in just 127.5 hours, battling temperatures as low as minus 85 degrees. Disney’s animated film, “Togo,” tells the tale of the team that covered the most treacherous 264 mile stretch. 1440
Fortune released it’s list of the world’s most admired companies for the 18th straight year; the list is based on a survey of more than 3,300 executives. The top 10 are:
1. Apple
2. Microsoft
3. Amazon
4. Nvidia
5. Berkshire Hathaway
6. Costco
7. JPMorgan Chase
8. Walmart
9. Alphabet
10. American Express
Axios
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 30th, 2025
Stock futures mixed, interest rates lower, oil over $76 and gold over $2,800. CNBCFederal Reserve holds interest rates steady yesterday. CNBC
The US government will repurpose Guantanamo Bay to hold undocumented migrants. The facilities will be used as a holding center for high-priority migrants facing deportation with criminal backgrounds. 1440
Hamas will free three Israelis and five Thais in a hostage release today. 1440
Average reading scores for both US fourth and eighth graders dropped five points from 2019 to 2024. Just 67% of 8th graders and 60% of 4th graders scored at normal or above normal levels. 1440
Frontier Airlines makes second bid for Spirit Airlines three years after first attempt CNBC Patrick Mahomes is undefeated when wearing a white jersey in playoff games. The Chiefs will be wearing white in the Super Bowl. ESPN
The average price of a ticket to Super Bowl LIX in New Orleans is running at $7,233. That’s down from an average of around $12,100 last year in Las Vegas and the most expensive ever. KCBJ
At least 10 of the 30-second commercial spots for Super Bowl LIX have sold for $8 million each, up from $7 million last year. 123 Million watched the Super Bowl last year. Morning Brew
The Chiefs/Bills game attracted 57.4 million viewers, the most ever for an AFC championship game. CBS
According to the NFL, each member of the winning Super Bowl team will receive $171,000. Members of the losing team $96,000. KCBJ
FireAid benefit concert for Los Angeles wildfires takes place tonight, featuring Billie Eilish, Olivia Rodrigo, Lady Gaga, and Stevie Wonder. 1440
Kansas City saw a 9% year-over-year change in median home sales price. The area has a median sales price now at $327,000, according to Redfin. The national year-over-year change was 6.3%, with a median sales price of $427,670. KCBJ
Lab-grown muscle patch developed from stem cells helps patient with heart failure survive until transplant. 1440
Oprah Winfrey turned 71 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
January 28th, 2025
Stock futures higher after yesterday’s decline, interest rates higher, oil around $74 and gold around $2,750. CNBCStocks fell yesterday, dragged down by AI chipmakers after a Chinese startup’s cheaper high-performing model cast doubt on how much US companies are spending to build AI. CNBC
Holocaust survivors and world leaders gathered at Auschwitz in Poland to commemorate 80 years since the liberation of the largest Nazi concentration camp. 1440
CDC ordered to suspend collaboration on World Health Organization projects following executive order from President Trump. 1440
Duck DNA found in both engines of South Korea's Jeju Air commercial plane that crashed on landing in December. 1440
Tax season has arrived. Starting yesterday, the IRS began accepting and processing your 2024 federal income tax returns. Morning Brew
Nearly two-thirds of Americans who filed taxes got a refund last year, and the average windfall was more than $3,100. Morning Brew
Egg prices are estimated to increase about 20% in 2025, compared to about 2.2% for food prices in general. Eggs are uniquely impacted by the aggressive strain of avian flu. Many states have reported a resurgence of the virus, which killed about 17.2 million egg-laying hens in November and December. CNN
Scott Bessent secures Senate confirmation for treasury secretary role. 1440
A 3.8 magnitude earthquake near the coast of Maine shook most of New England yesterday. Morning Brew
New Orleans has had twice as much snow as Anchorage, Alaska since December 1. Morning Brew
People are no longer allowed to use the restroom, get a free cup of water, or hang out without buying something at Starbucks. Morning Brew
Costco’s CEO confirmed it’s switching from selling Pepsi products to Coca-Cola at its food courts. Morning Brew
Saquon Barkley turns 28 today. Yahoo
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
January 24th, 2025
Stock futures lower, interest rates flat, oil around $75 and gold around $2,790. SP5500 hit a new high yesterday. CNBCPresident Trump signed an executive order to make public the classified files on the assassinations of JFK, RFK and MLK. 1440
US home price jumped 6.3% year over year, with prices rising in all 50 most populous metros, the first time that’s happened since May 2022. Chartr
The average cost of home insurance in Florida is now 2.5x the national average, tempering demand in the state. Chartr
CNN to layoff 6% of workforce as it prepares launch of streaming services. 1440
Chiefs vs Buffalo at 530pm Sunday at Arrowhead. ESPN
In 1994, the Jets drafted Aaron Glenn with the 12th overall pick. 31 years later, he’s their head coach after a stint as Lions DC. Yahoo
The average age for an NFL head coach fell from 53 years old in 2015 to 48 this season, the youngest in at least 25 years. And Reid is 66. Chartr
Teams are 7-0 in NFL playoffs when winning the turnover battle, and they're 22-1 in the last 23 games. Kansas City, Buffalo, Philadelphia and Washington have combined for 15 takeaways against zero turnovers so far this postseason. Yahoo
The Chiefs have gone eight straight games without a turnover, the longest streak of the Super Bowl era. Yahoo
The Eagles and Commanders have both recorded 6+ takeaways and zero turnovers through their first two playoff games. Only two other teams have ever done that, and they both went on to win the Super Bowl (1998 Broncos, 2004 Patriots). Yahoo
Novak Djokovic retired after one set in semifinal match at Australian Open. ESPN
Singer SZA to join Kendrick Lamar at Super Bowl halftime show. 1440
Women's wrestling has been approved as NCAA’s 91st championship sport. The first championship will be held in 2026. Women's wrestling is America's fastest growing high school sport. Participation was up 60% last year alone to over 50,000 girls nationwide. Yahoo
Caitlin Clark turned 23 on Wednesday and Jack Nicklaus turned 85. Yahoo
First Boy Scout troop organized on this day in 1906 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
January 23rd, 2025
Stock futures mixed this morning, interest rates little changed with the 10-year US treasury yield at 4.64%, oil slightly higher at $75.73 and gold lower at $2,751. CNBCPresident Trump ordered 1,500 active-duty troops to the southern border to assist with security measures, building on his executive orders he signed on Monday. ABC News
A new fire, called the Hughes Fire, began near Castaic Lake in Los Angeles County yesterday afternoon and has already grown to roughly 10,200 acres as high winds fuel the flames. Tens of thousands of people have been ordered to evacuate. Morning Brew
JetBlue announced they will now accept Venmo as a form of payment for their customers. Morning Brew
JPMorgan and Goldman Sachs announced they are not giving up their DEI initiatives. Morning Brew
Amazon announced it will close all seven of its warehouses in the Canadian providence of Quebec over the next two months, eliminating around 1,700 jobs. AP News
Yemen’s Houthi rebels released a crew from a vessel they captured in November 2023, a step toward ending Red Sea vessel attacks following the Israel-Hamas ceasefire deal. 1440
Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year. AP News
Over 22 million viewers watched the Ohio State – Texas semifinal, making it the most watched Cotton Bowl on record. 1440
The SEC and Big Ten athletic directors will meet next month to discuss potential changes to the College Football Playoff format, including expanding the field from 12 to 14 teams. ESPN
The Miami Heat suspended star guard Jimmy Butler for two games for “a continued pattern of disregard of team rules, insubordinate conduct and conduct detrimental to the team, including missing today’s team flight to Milwaukee.” ESPN
Shai Gilgeous-Alexander scored a career-high 54 points as the Oklahoma City Thunder defeated the Utah Jazz 123-114 on Wednesday night. ESPN
Prince Harry, Duke of Sussex, reached a settlement yesterday with Rupert Murdoch’s News Group Newspapers after accusing the company of unlawful gathering of private information. The settlement comes after a six-year battle between the two parties. 1440
The 2025 Academy Awards nominations will be announced this morning at 8:30am ET. 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 22nd, 2025
Stock futures higher this morning, interest rates flat with the 10 year US treasury yield at 4.57%, oil slightly lower at $75.69 and gold higher at $2,768. CNBCThe rare winter storm brough record snowfall to the southern US yesterday (from Houston, TX to Pensacola, FL), and Lake Charles, Louisiana had their first ever blizzard warning. 1440
New fires broke out in the San Diego area, including the Lilac Fire, which has burned 85 acres and is 50% contained. The Palisades Fire and the Eaton Fire in Los Angeles are so far 65% and 89% contained, respectively. 1440
The escalating bird flu crisis continues to diminish the nations supply of eggs, leading to higher prices. A dozen large eggs in the Southeast and South Central will be higher than $7.00, while a dozen eggs in the Midwest are around $6.95. Axios
President Donald Trump announced a $500 Billion investment in infrastructure investments for artificial intelligence through a new partnership formed by OpenAI, Oracle, and Softbank. AP News
President Donald Trump ordered remote federal government workers back into the office, but just how many workers does that impact? About 10% of all federal civilian employees (~228,000) had fully remote roles, with nearly half of federal workers eligible for some form or remote work. Morning Brew
Netflix adds record-breaking 19 million subscribers in the 4th quarter of 2024; the now have around 302 million subscribers in total. The platform also announced it’s raising prices (the first time in 2 years) for ad-support tier to $7.99, standard tier to $17.99, and premium tier to $24.99. CNBC
The FDA approved Johnson & Johnson’s nasal spray to treat depression in people who have not had results for the oral medications available (roughly a third of the 21 million American adults diagnosed with major depressive disorder do not respond to at least two standard treatments). 1440
Instagram is reportedly offering creators cash bonuses of up to $50,000 a month if they post exclusively to Reels in an apparent effort to capitalize on TikTok’s uncertain status in the US. Morning Brew
Two Americans detained in Afghanistan were released in a prisoner exchange with the Taliban on Monday. Of the two Americans, one is 42-year-old Ryan Corbett, who has been wrongfully detained since August 2022, and the other is said to be William McKenty, a 69-year-old who was abducted by the Taliban in 2022. 1440
The Israeli military chief will resign in March, citing failure to prevent Hamas’ Oct. 7th, 2023 attack. 1440
Ichiro Suzuki, CC Sabathia, and Billy Wagner were voted into 2025 class of the National Baseball Hall of Fame; Suzuki became the first Japanese-born player elected to Hall of Fame. ESPN
Novak Djokovic tops Carlos Alcaraz to reach Australian Open men’s semifinals. ESPN
Comedian Trevor Noah is tapped to host the Grammy Awards (Feb. 2) for a fifth consecutive time. 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 21st, 2025
Stock futures slightly higher this morning, interest rates slightly lower with the 10 year US treasury yield at 4.57%, oil lower at $76 and gold lower at $2,735.50. CNBCDonald Trump was inaugurated as the 47th president of the United States at the Capital Rotunda yesterday, officially beginning his second nonconsecutive term. 1440
Trump’s inauguration is the first to feature foreign leaders in attendance, including Argentine President Javier Milei, Chinese Vice President Han Zheng, and Italian Premier Giorgia Meloni. Notable tech leaders in attendance included Elon Musk, Jeff Bezos and Mark Zuckerberg, to name just a few. 1440
Trump signed a round of executive orders, which included: declaring a national emergency at the US-Mexico border (1 of 10 executive orders related to immigration signed yesterday), begun withdrawing the US from the Paris climate agreement (again), begun withdrawing from the World Health Organization, establishing the Department of Government Efficiency (DOGE), ending Diversity, Equity and Inclusion (DEI) across the federal government, imposing a hiring freeze across the federal government and ordering federal employees back to in-person work. Trump did not impose tariffs, but ordered broad examinations of US trade practices with other countries and stated the 25% tariffs on Canada and Mexico would start on February 1, 2025. Axios
Vivek Ramaswamy will run for Ohio governor and leave co-lead role on President Trump’s federal spending watchdog group, known as the Department of Government Efficiency (DOGE). 1440
An arctic blast is freezing the Central and Eastern US with temperatures in the teens and below, bringing winter storms as far south as Texas. Houston, a city that rarely gets snow, is expecting up to 6 inches. The biggest problem for the city is that they have ZERO snowplows. Morning Brew
Over 18,000 Costco employees who are members of the Teamsters union could strike against the retailer if a contract agreement is not completed before the end of the month. Morning Brew
TikTok was down for a total of 12 hours (12am – 12pm CST on Sunday) before restoring the app to US customers after Trump signaled a 90 day extension before enforcing the ban (he signed an executive order giving the company a 75 day extension after he took office yesterday). The law that requires ByteDance (TikTok’s parent company) to divest is still the law, so the future of the app is uncertain at this time. Axios
The Ohio State Buckeyes won the College Football Playoff National Championship last night, beating Notre Dame Fighting Irish, 34-23. ESPN
The Chiefs beat the Texans Saturday, 23-14. They face the Bills on Sunday at 5:30pm CST in the AFC Championship game; the fourth time the teams have been matched up in a playoff game in the last 5 years. ESPN
The Lions offensive coordinator Ben Johnson has agreed to a deal to become the Chicago Bears’ next head coach. ESPN
The “Fire-aid” benefit concert (scheduled for January 30th) expands as Oliva Rodrigo joins Billie Eilish, Lady Gaga, Stevie Wonder and more at a fundraiser for Los Angeles wildfire relief. 1440
Moana 2 topped $1 billion at the global box office, the third Disney release from 2024 to achieve the milestone. Morning Brew
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