Edition #3
Wednesday October 26th 2022
Summary 📝
Disappointing earnings from Alphabet and Microsoft sent the wider tech sector down in early trading, but picked up steam in the right direction as the day progressed. All eyes on Meta Platforms to indicate how the rest of earnings season might progress….
Market Recap 📈
Yesterday’s Post 💌
What’s Moving Markets?
CNBC- Putin says risk of world conflict is ‘high’; Moscow official calls for ‘de-Satanization’ in Ukraine
Stock pickers are still positioned for a Fed ‘soft landing,’ mutual fund holdings show
Incoming Earnings Reports this week- provided by Earnings Whispers.
Events today- provided by Unusual Whales.
Chart of the Day 📈
A massive three quarters of all companies which IPO’d in the last 3 years are now trading below their initial listing price. The risk off switch which we’ve seen in recent months has punished companies which are not yet profitable, or which saw massive rises following their IPO.
Investor’s Toolkit
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Disclosure
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This newsletter provides general information only. Before making any financial or investment decisions, please consult a financial planner to take into account your personal investment objectives, financial situation and individual needs.