At the end of the day, interest rates are going to have to move higher, and companies with high multiples will have to trade lower. With costs such as wages rising, there will be increased investor focus on sectors that can better handle those inflationary pressures, with less latitude for companies which promise future growth but which currently generate negative cash flow.
On Monday, three Fed policy makers offered their views on the future path of policy. Mary Daly, president of the San Francisco Fed, said that the central bank’s coming rate hikes should be “gradual and not disruptive.” Meanwhile, Esther George of the Kansas City Fed said sharply reducing the central bank’s almost $9 trillion balance sheet could allow the Fed to pursue a less aggressive strategy on short-term interest rates.
Their colleague, Raphael Bostic of the Atlanta Fed, reiterated that he expects three quarter-point hikes for 2022. He also said he doesn’t prefer a half-point rate hike in March, but wants to keep available options open.
“Between the amount of volumes that we saw and the massive swings that we saw in markets, the volatility really felt like it had a crescendo,” Art Hogan, chief market strategist at National Securities, told CNBC.
“Crescendos usually happen when you’ve got a massive amount of capitulation and everything is for sale,” Hogan added. “For most of the month we would see money coming out of growth but going into cyclical. Then that would unwind and growth would catch a bit. That was all true until this past week. We’ve seen a bit of the aftermath of that storm, and that seems to be more stabilization.”
Last week, the Fed indicated that it will likely start raising rates in March to combat historically high inflation. That would be the central bank’s first rate hike in more than three years. Markets are now pricing in at least five quarter-percentage-point interest rate hikes in 2022.
Tech shares were some of the hardest hit in January, as investors feared higher rates would expose their lofty valuations and raise their operating costs. Investors were rethinking that notion a bit as the month ended, especially after a dramatic pullback in the stocks.
Netflix and Spotify surged more than 11% and 13%, respectively, on Monday upgrades from Citi. The firm cited this month’s pullback as an attractive time to buy. Netflix still dropped nearly 30% this month, and Spotify lost by 16%.
Tesla, which dropped 11% in January, gained more than 10% on Monday after Credit Suisse upgraded the electric car maker’s stock. The firm said Tesla had been unfairly caught up in the market decline. Other EV makers rose too, with Rivian and Lucid adding about more than 15% and 8%, respectively.
Nvidia shares climbed 7% after being hit hard in January. The chip stock finished the month down 16.7%.
MKM Partners chief market technician JC O’Hara emphasized in a note Monday that while market bottoms aren’t single-day events and there’s still a 30% chance new lows could form, investors should trust the bottoming process.
“We continue to believe the economic conditions are favorable and the recent weakness is not a systematic problem, but rather a valuation reset due to the swift change with investors’ expectations for the future path of rates,” O’Hara said. “A shock, not a top.”
The S&P 500 at one point this month had dipped into correction territory on an intraday basis, but the recent comeback has pared the loss from its all-time high to 6.3%. The Nasdaq Composite is still off by 12% from its high, firmly in correction territory.
Over the weekend, Atlanta Fed President Raphael Bostic told the Financial Times the central bank isn’t ruling out raising interest rates by half a percent, versus the typical quarter-point move, if inflation remains high. He himself is calling for three quarter-point interest rate increases in 2022, starting in March, he said, adding that a more aggressive approach could be necessary depending on how economic data evolves.
By: via @AlliesFin Serve Stock Market
Tuesday, 1 February 2022
@AlliesFin Serve Stock Market's Post
Namaste !!!
* Markets in Detail...*
*SGX: 17,518: +169: +0.97%*
*Provisional Cash Rs. In Crs. (31st Jan)*
FIIS : (-)3,624 (6,014-9,639)
DIIS : +3,649 (9,167-5,518)
*Last Heard*
Adani Wilmar: 27-29 (IPO px: 230/-)
Manyavar: 46-51 buyers (IPO px: 866/-)
*TODAY’S MAJOR CORPORATE RESULTS:*
ADANIPORTS, CHOLAFIN, ELECON, GOODYEAR, INDHOTEL, INDOCO, JUBLINGREA, KANSAINER, LXCHEM, MANGCHEFER, NEULANDLAB, PGHH, POONAWALLA, PRSMJOHNSN, SONACOMS, SUTLEJTEX, TECHM, TTKPRESTIG, VIPIND, etc
Sensex: 58,015: +814: +1.42%
Nifty: 17,340: +238: +1.39%
Dow: 35,132: +406: +1.17%
S&P: 4,516: +84: +1.89%
Nas: 14,240: +469: +3.41%
Brazil: 112,144: +233: +0.21%
Ftse: 7,464 (-2) (-0.02%)
Dax: 15,471: +152: +0.99%
Cac: 6,999: +33: +0.48%
WTI Oil: $88.32: +1.73%
Brnt: $91.21: +1.31%
Gold: $1,800: +14: +0.76%
Silver: $22.51: +0.91%
Copper: $434: +3: +0.60%
Zinc: 3,610 (-21) (-0.58%)
Alluminum: 3,083 (-16) (-0.52%)
Eur-$: 1.1232
GBP-$: 1.3445
Jpy-$: 115.13
Re: 74.6225 (-0.56%)
US10yr: 1.78%
GIND10YR: 6.684 (-1.24%)
$ Index: 96.8430 (-0.44%)
Vix: 24.83 (-10.23%)
BalticDry: 1,381: +79: +6.07%
*ADR/GDR*
Cogni: +1.16%
Infy: +4.02%
Wit: +3.78%
IciciBk: +3.38%
HdfcBk: +4.84%
DrRdy: +2.77%
TataMo: +3.02%
TatSt: +0.69%
Axis: +0.58%
SBI: +3.75%
RIGD: +2.57%
INDA: +2.41% (IShares MSCI INDIA ETF)
INDY: +2.46% (IShares MSCI INDIA 50 ETF)
EPI: +2.39% (Wisdom Tree India Earning)
PIN: +2.57% (Invesco India Etf)
*(Please Note…today you may see some over-lapping of news, but as there was a lot of data to be included, and with limited time…it was’nt possible to edit in total. Kindly excuse..though have tried to put in what ever available.)*
U.S. stocks ended a volatile month with the biggest two-day rally since 2020, with beaten-down tech shares powering a late rebound. Investors digested new optimism from the U.S. Treasury's top economist that inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic. Strategists attributed some of Monday’s buys to a hunt for bargains among the beaten-down names.
Wall Street closed higher on Monday, coupled with an earlier rise in European shares, that helped stabilize investor sentiment after a series of volatile sessions.
Despite the two-day relief rally, the S&P 500 and the Nasdaq Composite posted their worst months since the onset of the pandemic, as investors braced for the Federal Reserve to raise interest rates multiple times this year. The tech-heavy Nasdaq narrowly avoided its worst ever start to the year and the S&P 500 recorded its weakest January performance since 2009.
The S&P 500 rallied almost 2% for its best back-to-back performance since April 2020, paring a monthly loss that at one point exceeded 10% to 5.3% -- still the worst drop since the pandemic bear market. The Nasdaq 100’s rebound was even sturdier, a 6.6% surge in two sessions. Its members took such a walloping for most of the month that it still ended down 8.5%, the worst since December 2018.
For the month, the Dow ended down 3.3%, which was only its worst month since a 3.7% decline in November. The S&P 500, meanwhile, closed 5.3% lower and the Nasdaq Composite ended January down 8.98%; It was the worst monthly decline for both of those indexes since March of 2020, the height of pandemic-drive selling. It also was the worst January decline for the Nasdaq Composite since a 9.89% decline in 2008.
Valuations of growth and technology stocks have come under increasing scrutiny, as investors fretted about companies trading at lofty valuations at a time when the U.S. Federal Reserve is set to begin raising interest rates to combat inflation and withdraw its pandemic stimulus measures.
In early Monday trading, the Nasdaq was on course to surpass its worst opening-month performance on record, when it fell 9.89% in 2008. However, after its best one-day gain since March 2021, it closed out January down 8.99%.
By: via @AlliesFin Serve Stock Market
* Markets in Detail...*
*SGX: 17,518: +169: +0.97%*
*Provisional Cash Rs. In Crs. (31st Jan)*
FIIS : (-)3,624 (6,014-9,639)
DIIS : +3,649 (9,167-5,518)
*Last Heard*
Adani Wilmar: 27-29 (IPO px: 230/-)
Manyavar: 46-51 buyers (IPO px: 866/-)
*TODAY’S MAJOR CORPORATE RESULTS:*
ADANIPORTS, CHOLAFIN, ELECON, GOODYEAR, INDHOTEL, INDOCO, JUBLINGREA, KANSAINER, LXCHEM, MANGCHEFER, NEULANDLAB, PGHH, POONAWALLA, PRSMJOHNSN, SONACOMS, SUTLEJTEX, TECHM, TTKPRESTIG, VIPIND, etc
Sensex: 58,015: +814: +1.42%
Nifty: 17,340: +238: +1.39%
Dow: 35,132: +406: +1.17%
S&P: 4,516: +84: +1.89%
Nas: 14,240: +469: +3.41%
Brazil: 112,144: +233: +0.21%
Ftse: 7,464 (-2) (-0.02%)
Dax: 15,471: +152: +0.99%
Cac: 6,999: +33: +0.48%
WTI Oil: $88.32: +1.73%
Brnt: $91.21: +1.31%
Gold: $1,800: +14: +0.76%
Silver: $22.51: +0.91%
Copper: $434: +3: +0.60%
Zinc: 3,610 (-21) (-0.58%)
Alluminum: 3,083 (-16) (-0.52%)
Eur-$: 1.1232
GBP-$: 1.3445
Jpy-$: 115.13
Re: 74.6225 (-0.56%)
US10yr: 1.78%
GIND10YR: 6.684 (-1.24%)
$ Index: 96.8430 (-0.44%)
Vix: 24.83 (-10.23%)
BalticDry: 1,381: +79: +6.07%
*ADR/GDR*
Cogni: +1.16%
Infy: +4.02%
Wit: +3.78%
IciciBk: +3.38%
HdfcBk: +4.84%
DrRdy: +2.77%
TataMo: +3.02%
TatSt: +0.69%
Axis: +0.58%
SBI: +3.75%
RIGD: +2.57%
INDA: +2.41% (IShares MSCI INDIA ETF)
INDY: +2.46% (IShares MSCI INDIA 50 ETF)
EPI: +2.39% (Wisdom Tree India Earning)
PIN: +2.57% (Invesco India Etf)
*(Please Note…today you may see some over-lapping of news, but as there was a lot of data to be included, and with limited time…it was’nt possible to edit in total. Kindly excuse..though have tried to put in what ever available.)*
U.S. stocks ended a volatile month with the biggest two-day rally since 2020, with beaten-down tech shares powering a late rebound. Investors digested new optimism from the U.S. Treasury's top economist that inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic. Strategists attributed some of Monday’s buys to a hunt for bargains among the beaten-down names.
Wall Street closed higher on Monday, coupled with an earlier rise in European shares, that helped stabilize investor sentiment after a series of volatile sessions.
Despite the two-day relief rally, the S&P 500 and the Nasdaq Composite posted their worst months since the onset of the pandemic, as investors braced for the Federal Reserve to raise interest rates multiple times this year. The tech-heavy Nasdaq narrowly avoided its worst ever start to the year and the S&P 500 recorded its weakest January performance since 2009.
The S&P 500 rallied almost 2% for its best back-to-back performance since April 2020, paring a monthly loss that at one point exceeded 10% to 5.3% -- still the worst drop since the pandemic bear market. The Nasdaq 100’s rebound was even sturdier, a 6.6% surge in two sessions. Its members took such a walloping for most of the month that it still ended down 8.5%, the worst since December 2018.
For the month, the Dow ended down 3.3%, which was only its worst month since a 3.7% decline in November. The S&P 500, meanwhile, closed 5.3% lower and the Nasdaq Composite ended January down 8.98%; It was the worst monthly decline for both of those indexes since March of 2020, the height of pandemic-drive selling. It also was the worst January decline for the Nasdaq Composite since a 9.89% decline in 2008.
Valuations of growth and technology stocks have come under increasing scrutiny, as investors fretted about companies trading at lofty valuations at a time when the U.S. Federal Reserve is set to begin raising interest rates to combat inflation and withdraw its pandemic stimulus measures.
In early Monday trading, the Nasdaq was on course to surpass its worst opening-month performance on record, when it fell 9.89% in 2008. However, after its best one-day gain since March 2021, it closed out January down 8.99%.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*MKT. UPDATES :*
*SGX Nifty +151 pts (17519) from last trade 17368 ,*
Nikkei +356 pts ,
Hangseng clsd ,
Now @6.52am .
Dow +406.39 pts ,Nsdq +469.31 pts, S&P
+83.70 pts , Bovespa +233 pts , Ftse -1 pts , Dax +152 pts , Cac +33 pts , Crude @ $88.40 brl (+0.25), Brent @ $91.21 brl (+0.00) , Gold @ 1797.50 (+1.10), Silver @ $22.47 (+0.07), Euro @ $1.1124, JPY @ $115.15, INR @ 74.515
*US GOVT. 10-YEAR YIELD : 1.78%*
*Today's Corporate Action, 01 Feb Ex Date :*
INDIGRID
Income Distribution (InvIT)
ORIENTELEC
Interim Dividend - Rs. - 0.7500
PCBL
Interim Dividend - Rs. - 10.0000
*Today's Key Results/Board Meetings, 01-Feb-21 :*
ADANIPORTS
Quarterly Results
ARTEMISMED
Quarterly Results
ASMTEC
Interim Dividend;Quarterly Results
CANTABIL
Quarterly Results
CAPFIN
General;Quarterly Results
CELEBRITY
Quarterly Results
CHOLAFIN
Quarterly Results
DBSTOCKBRO
General;Quarterly Results
ECOM
Quarterly Results
ELECON
Quarterly Results
EMAINDIA
Quarterly Results
FIBERWEB
Preferential Issue of shares
GAEL
General;Quarterly Results
GALAGEX
General;Quarterly Results
GANESHBE
Issue Of Warrants
GENUSPRIME
Quarterly Results
GOODYEAR
Quarterly
GRATEXI
Quarterly Results
HGIND
Quarterly Results
HILIKS
Quarterly Results
IFBIND
Quarterly Results
INDHOTEL
Quarterly Results
INDOCO
Quarterly Results
ISHANCH
Quarterly Results
JINDALSTEL
Quarterly Results
JINDHOT
Quarterly Results
JSGLEASING
General;Quarterly Results
JUBLINGREA
Interim Dividend;Quarterly Results
KANSAINER
Quarterly Results
KBCGLOBAL
General;Quarterly Results
LOOKS
Audited Results
LXCHEM
Quarterly Results
MANGCHEFER
Quarterly Results
MANGIND
Right Issue of Equity Shares;General
MIDEASTP
General;Quarterly Results
MITSU
Quarterly Results
MPILCORPL
Quarterly Results
NATCAPSUQ
Quarterly Results
NEULANDLAB
General;Quarterly Results
NILASPACES
Quarterly Results
NKIND
Quarterly Results
NRAGRINDQ
Quarterly Results
ORIENTCQ
Quarterly Results
PANACEABIO
General
PARMSILK
Quarterly Results
PGHH
Interim Dividend;Quarterly Results
POONAWALLA
Quarterly Results
PRISMMEDI
General;Quarterly Results
PRSMJOHNSN
Quarterly Results
SHANTAI
Quarterly Results
SHREEGANES
General;Quarterly Results
SIMPLXMIL
Quarterly Results
SIMPLXPAP
Quarterly Results
SLSTLQ
Quarterly Results
SONACOMS
Interim Dividend;Quarterly Results
SRMENERGY
Quarterly Results
STURDY
Quarterly Results
SUTLEJTEX
Quarterly Results
TASHIND
Quarterly Results
TECHM
Quarterly Results
TRITURBINE
Quarterly Results
TTKPRESTIG
Interim Dividend;Quarterly Results
VANDANA
Quarterly Results
VCU
Audited Results
VIPIND
Quarterly Results
VIVIDHA
General
*SEC. IN F&O BAN FOR, 01 Feb, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 135 Billion*
By: via @AlliesFin Serve Stock Market
*SGX Nifty +151 pts (17519) from last trade 17368 ,*
Nikkei +356 pts ,
Hangseng clsd ,
Now @6.52am .
Dow +406.39 pts ,Nsdq +469.31 pts, S&P
+83.70 pts , Bovespa +233 pts , Ftse -1 pts , Dax +152 pts , Cac +33 pts , Crude @ $88.40 brl (+0.25), Brent @ $91.21 brl (+0.00) , Gold @ 1797.50 (+1.10), Silver @ $22.47 (+0.07), Euro @ $1.1124, JPY @ $115.15, INR @ 74.515
*US GOVT. 10-YEAR YIELD : 1.78%*
*Today's Corporate Action, 01 Feb Ex Date :*
INDIGRID
Income Distribution (InvIT)
ORIENTELEC
Interim Dividend - Rs. - 0.7500
PCBL
Interim Dividend - Rs. - 10.0000
*Today's Key Results/Board Meetings, 01-Feb-21 :*
ADANIPORTS
Quarterly Results
ARTEMISMED
Quarterly Results
ASMTEC
Interim Dividend;Quarterly Results
CANTABIL
Quarterly Results
CAPFIN
General;Quarterly Results
CELEBRITY
Quarterly Results
CHOLAFIN
Quarterly Results
DBSTOCKBRO
General;Quarterly Results
ECOM
Quarterly Results
ELECON
Quarterly Results
EMAINDIA
Quarterly Results
FIBERWEB
Preferential Issue of shares
GAEL
General;Quarterly Results
GALAGEX
General;Quarterly Results
GANESHBE
Issue Of Warrants
GENUSPRIME
Quarterly Results
GOODYEAR
Quarterly
GRATEXI
Quarterly Results
HGIND
Quarterly Results
HILIKS
Quarterly Results
IFBIND
Quarterly Results
INDHOTEL
Quarterly Results
INDOCO
Quarterly Results
ISHANCH
Quarterly Results
JINDALSTEL
Quarterly Results
JINDHOT
Quarterly Results
JSGLEASING
General;Quarterly Results
JUBLINGREA
Interim Dividend;Quarterly Results
KANSAINER
Quarterly Results
KBCGLOBAL
General;Quarterly Results
LOOKS
Audited Results
LXCHEM
Quarterly Results
MANGCHEFER
Quarterly Results
MANGIND
Right Issue of Equity Shares;General
MIDEASTP
General;Quarterly Results
MITSU
Quarterly Results
MPILCORPL
Quarterly Results
NATCAPSUQ
Quarterly Results
NEULANDLAB
General;Quarterly Results
NILASPACES
Quarterly Results
NKIND
Quarterly Results
NRAGRINDQ
Quarterly Results
ORIENTCQ
Quarterly Results
PANACEABIO
General
PARMSILK
Quarterly Results
PGHH
Interim Dividend;Quarterly Results
POONAWALLA
Quarterly Results
PRISMMEDI
General;Quarterly Results
PRSMJOHNSN
Quarterly Results
SHANTAI
Quarterly Results
SHREEGANES
General;Quarterly Results
SIMPLXMIL
Quarterly Results
SIMPLXPAP
Quarterly Results
SLSTLQ
Quarterly Results
SONACOMS
Interim Dividend;Quarterly Results
SRMENERGY
Quarterly Results
STURDY
Quarterly Results
SUTLEJTEX
Quarterly Results
TASHIND
Quarterly Results
TECHM
Quarterly Results
TRITURBINE
Quarterly Results
TTKPRESTIG
Interim Dividend;Quarterly Results
VANDANA
Quarterly Results
VCU
Audited Results
VIPIND
Quarterly Results
VIVIDHA
General
*SEC. IN F&O BAN FOR, 01 Feb, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 135 Billion*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
GST Collection:
#alliesfin #gst
January GST Total Collection at 1.38 Lakh Cr
January CGST collection at 24700 Cr
January SGST collection at 32000 Cr
January IGST collection 72000 Cr
TG @AlliesFin
By: via @AlliesFin Serve Stock Market
#alliesfin #gst
January GST Total Collection at 1.38 Lakh Cr
January CGST collection at 24700 Cr
January SGST collection at 32000 Cr
January IGST collection 72000 Cr
TG @AlliesFin
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#Nifty 17,100
#AlliesFin
Nifty on 27 November 17,100
Nifty on 27 December 17,100
Nifty on 27 January 17,100
Nifty on 28 January 17,100
Apun Jhukega Nahi
#nse
By: via @AlliesFin Serve Stock Market
#AlliesFin
Nifty on 27 November 17,100
Nifty on 27 December 17,100
Nifty on 27 January 17,100
Nifty on 28 January 17,100
Apun Jhukega Nahi
#nse
By: via @AlliesFin Serve Stock Market
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