TOP MARKETS NEWS: Week 11/01 – 11/07

Weekend 11/06 & 11/07

China trade data over the weekend – exports beat expectations in October, and a record trade surplus – cnbc
Elon Musk faces a $15 billion tax bill, which is likely the real reason he’s selling stock – cnbc
Stocks could soar to new heights in week ahead — even though inflation data may come in hot – cnbc
Here’s Everything America Gets For $1.2 Trillion In Infrastructure Spending – Including The Crazy Stuff – Zerohedge

Study Reveals ‘Dramatic’ Decline In All Three COVID-19 Vaccines’ Efficacy Over Time – Zerohedge
Majority Saying “Yes” After Elon Musk Asks Twitter If He Should Sell 10% Of His Tesla Stock – Zerohedge
COVID-19 Spreads To 31 Provinces In China, Residents Panic-Shopping, Communities Locked-Down – Zerohedge
House passes $1 trillion bipartisan infrastructure bill that includes transport, broadband and utility funding, sends it to Biden – cnbc

 

 

Friday 11/05

Business Live – guardian

Dow jumps 200 points to a record on strong jobs report, S&P 500 notches 7th straight day of gains – cnbc
Pfizer’s COVID-19 pill reduces risk of being hospitalized or dying by 89%, company says – abcnews
JP Morgan see signs global production bottlenecks may have begun to ease – forexlive
European markets set for flat open as investors digest central bank decisions, earnings – cnbc
Chinese regulators have told some banks to limit their wealth management assets at current levels – forexlive
Kaisa, units trading suspended as debt crisis routs Chinese developers’ shares – Reuters

 


Thursday 11/04

Business Live – guardian
Goldman Prime: Yesterday Saw The Biggest Short Squeeze And Hedge Funds Selling In 14 Months – Zerohedge

Stocks making the biggest moves after hours: Peloton, Pinterest, Uber and more – cnbc
First Solar’s sales decline amid ongoing supply chain bottlenecks – cnbc
Sunrun revenue doubles as customer count tops 600,000 – cnbc
Uber revenue up 72% from last year, but Didi stake contributes to big loss – cnbc
Airbnb profits surge 280% in third quarter – cnbc
Pinterest beats on earnings and revenue even as monthly user number drops – cnbc
Peloton shares fall 24% as company posts wider-than-expected loss and slashes full-year outlook – cnbc
Big-Tech, Bonds, Bullion, & The Buck All Bid As Taper Tanks Real-Yields – Zerohedge
S&P 500 closes at another record for its sixth positive day in a row – cnbc
A Flattening Yield Curve May Soon Reassert Itself – Zerohedge
Stocks making the biggest moves midday: Moderna, Nvidia, Etsy and more – cnbc
OPEC+ Rejects Biden’s Plea To Pump More – Zerohedge
OPEC+ agrees to stick to oil production plan, defying U.S. pressure – cnbc
Futures Hit Fresh All-Time Highs, Treasuries Rise On Post-Fed Euphoria – Zerohedge
Moderna Shares Crater On Huge Revenue Miss, Massive Guidance Cut – Zerohedge
Bank of England surprises markets by holding rates at record lows – cnbc
BOE leaves bank rate unchanged at 0.10% in November monetary policy meeting – FOREXLIVE
Credit Suisse earnings beat estimates, but get hit by Mozambique scandal charge – CNBC
European markets set to start the trading day higher as investors digest Fed decision – CNBC
Novartis sells its Roche stake to Roche for $20.7 bln – Reuters
Novartis to sell its Roche stake in a bilateral transaction to Roche – yahoofinance
“Unprecedented Liquidity Pressure” – Chinese Property Stocks Crater As Kaisa Misses Payment – Zerohedge
China Struggles To Stamp Out Worst COVID Outbreak Since Wuhan – Zerohedge

 

Wednesday 11/03

Business Live – guardian

Top Warehouse Operator Says Supply Chain Crisis Has “Reached The Peak” – Zerohedge
Fed will start tapering bond purchases later this month – Four experts weigh in – cnbc
SunPower falls short on revenue, still weighing options for commercial solar business – cnbc
Qualcomm shares pop as smartphone chip sales rise 56% – cnbc
Stocks & Crypto Soar To Record Highs As Fed Taper Sparks Hawkish Surge In Rate-Hike Odds – Zerohedge
S&P 500 closes at record after Fed says economy is strong enough for it to slow pandemic bond buying – cnbc
Traders move up expectations for the Fed’s first rate hike to the summer of 2022 – cnbc
Federal Reserve: the long road to normalcy – ing
Fed’s Taper Leaves Bitcoin, Big-Tech, & The Buck Unchanged As Yield Curve Steepens – Zerohedge
Fed to start tapering bond purchases later this month as it starts pulling back on pandemic aid – CNBC
FOMC Launches $15BN Taper, Reiterates Inflation ‘Transitory’, No Rate HIke Discussion – Zerohedge
WTI Extends Losses After Crude Build, Production Ramp – Zerohedge
Zillow plunges 25% to lowest since July 2020, after company exits home-buying business – cnbc
Uranium Stocks Soar As Market Discovers China’s Plans For 150 Nuclear Reactors – Zerohedge
Stocks making the biggest moves midday: CVS, Gap, Activision Blizzard, Generac and more – cnbc
T-Mobile Silences the Doubters With Its Earnings Report. The Stock Is Rising – barrons
Shipping Shares In Sea Of Red As Broader Stock Market Rises – Zerohedge
ISM Services Soars To Record High (Thanks To Supply-Chain Chaos) – Zerohedge
Stocks making the biggest moves premarket: New York Times, CVS Health, Humana and more – cnbc
Futures Flat Ahead Of Historic Taper Announcement, China Warns Of “Downward Pressure” On Economy – Zerohedge
Strong ADP Print For October Opens Door For Powell’s Taper – Zerohedge
Companies add 571,000 jobs in October thanks to a big boost in hospitality hires, ADP says – cnbc
European markets head for flat open ahead of key Fed decision – cnbc
Asia-Pacific stocks mixed; Kakao Pay shares soar in South Korea debut – cnbc
China Junk Bond Yields Hit All Time High As Property Default Contagion Spreads, Home Sales Plunge 32% – Zerohedge
China’s Oct services activity expands at faster clip – Caixin PMI – Reuters

Tuesday 11/02

Business Live – guardian

Stocks making the biggest moves after hours: Bed Bath & Beyond, Caesars Entertainment, Lyft and more – cnbc
S&P 500 rises to another record on strong earnings, Dow gains 130 points – cnbc
Bed Bath & Beyond Shares Surge 100% After Buyback Announcement, Kroger Deal – Zerohedge
SolarEdge revenue falls short, but company claims ‘record backlog’ of orders – cnbc
Yahoo Becames Second Major American Firm To Pull Out Of China Over Past Month – Zerohedge
Stocks making the biggest moves in the premarket: Pfizer, Under Armour, Generac and more – cnbc
BP posts $3.3 billion third-quarter profit, beating estimates as oil prices surge – cnbc
The Commodities Feed: OPEC output creeps higher – ing
European markets head for somber open as investors gear up for Fed meeting – cnbc
S.Korea to buy back 2 trln won of treasury bonds as yields surge – Reuters
Australia’s central bank holds rates, drops yield target – Reuters
Hong Kong stocks halt losing streak on tech rally as Xpeng, Ganfeng Lithium underpin bullish EV outlook – scmp

 

Monday 11/01

Business Live – guardian
These Were The Best And Worst Performing Assets In October And YTD – Zerohedge

Bank Of America Sees Oil Hitting $120 By June; Could Rise Much Higher – Zerohedge
Dow Hits 36k, Small Caps Soar As Stocks Shrug Off Uber-Hawkish Fed Expectations – Zerohedge
Dow and S&P 500 close at records to start November, small caps post best day since August – cnbc
Atlanta Fed GDPNow rise to 8.2% – forexlive
‘Squid Game’ Crypto-Scam Exposed, COIN Crashes 100% After Explosive Gains – Zerohedge
Stocks making the biggest moves midday: Franklin Resources, Harley-Davidson, Roblox, AMC and more – cnbc
US Manufacturing Surveys Slump In October, New Orders Slide, Prices Surge – Zerohedge
Crypto Rallies As Amazon Accelerates ‘Digital Assets’ Development Team, Morgan Stanley Initiates Coverage – Zerohedge
Stocks making the biggest moves in the premarket: Harley-Davidson, Spotify, Trivago and more – cnbc
Chinese EV maker Nio’s deliveries drop 65% as supply chain issues, manufacturing changes bite – cnbc
Key Events This Very Busy Week: Fed, Payrolls, Hiking Central Banks, PMIs And Much More – Zerohedge
European markets kick off November trading on a positive note – cnbc
Japanese Stocks Surge On LDP’s Blowout Victory: Wall Street Reacts – Zerohedge