The Morning Call
12/20/22
I will be travelling, partying and
watching football over the next two weeks.
So, communications will be brief and only if necessary.
The
Market
Technical
Monday in the
charts.
https://www.zerohedge.com/markets/bonds-big-tech-bullion-battered-santa-claus-rally-begins-badly
Note: the S&P
closed right on its 38.2% Fibonacci retracement level. Let’s see if this support level holds and/or
acts as a springboard for a delated Santa Claus rally.
Fundamental
Headlines
The
Economy
US
International
Other
The
Fed
In surprise move, the Bank of Japan raises
rates.
https://www.zerohedge.com/markets/boj-sparks-market-chaos-huge-yield-curve-control-adjustment
Investor Alert
My quarterly
review of Genuine Parts (GPC) resulted in its failing to meet the minimum financial
criteria for inclusion in my Dividend Growth Universe. In addition, it has traded into its Sell Half
Range. Accordingly, the Dividend Growth
Portfolio will Sell its position in GPC at the open.
News on Stocks in Our Portfolios
FactSet
Research Systems press release (NYSE:FDS): Q1 Non-GAAP EPS of $3.99
beats by $0.36.
Revenue
of $504.8M (+18.9% Y/Y) misses by $5.49M.
What
I am reading today
Visit Investing
for Survival’s website (http://investingforsurvival.com/home)
to learn more about our Investment Strategy, Prices Disciplines and Subscriber
Service.
No comments:
Post a Comment