2021-08-27 10:50:02 $ECON Economic Data
08/27/21 08/2710:50 08/27/2110:50 | Treasury Action: Treasuries and Wall Street rallied after Chair Powell's speechTreasury Action: Treasuries and Wall Street rallied after Chair Powell's speech did not suggest an announcement of QE tapering is on the way in September. While the inflation conditions have been met, there is still too much slack in the labor market. But he did say that action is likely this year. Importantly, he downplayed the risks of inflation, seemingly pushing back against the increasingly vocal hawks, who have been out in force this week. The 10-year rate fell over 3 bps to test 1.31%, but has inched back to 1.33%. The 2-year, however, has richened 2 bps to 0.219% as the Chair, like the others on the FOMC, are distancing QE tapering from a rate hike, with the latter still seen over a year away. Wall Street is firmly in the green with new historic highs on the S&P 500 and NASDAQ. |
---|
Technical Analysis
|
NASDAQ market internals summary »
15:17 08/16/22 08/1615:17 08/16/2215:17
$NSD
NASDAQ Market Internals
Volume is above average… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
| Volume is above average… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
IonQ price target lowered to $12 from $15 at Benchmark »
15:11 08/16/22 08/1615:11 08/16/2215:11
IONQ
IonQ
Benchmark analyst David… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Digital World Acquisition files notice of late filing of 10-Q »
15:09 08/16/22 08/1615:09 08/16/2215:09
DWAC
Digital World Acquisition
Digital World Acquisition… Story temporarily locked. ShowHide Related Items >><<
|
Options
|
American Eagle call volume above normal and directionally bullish »
15:05 08/16/22 08/1615:05 08/16/2215:05
AEO
American Eagle
Bullish option flow… Story temporarily locked. ShowHide Related Items >><<
|
General news
|
FOMC minutes to the July 26-27 policy meeting »
15:05 08/16/22 08/1615:05 08/16/2215:05
$ECON
Economic Data
FOMC minutes to the July… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
SEC charges three people with insider trading around Equifax breach »
14:54 08/16/22 08/1614:54 08/16/2214:54
EFX
Equifax
The Securities and… Story temporarily locked. ShowHide Related Items >><<
|
Options
|
Groupon call volume above normal and directionally bullish »
14:45 08/16/22 08/1614:45 08/16/2214:45
GRPN
Groupon
Bullish option flow… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
On Holding price target raised to $31 from $28 at Stifel »
14:36 08/16/22 08/1614:36 08/16/2214:36
ONON
On Holding
Stifel analyst Jim Duffy… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Toronto-Dominion price target lowered to C$97 from C$100 at CIBC »
14:34 08/16/22 08/1614:34 08/16/2214:34
TD
Toronto-Dominion
CIBC analyst Paul Holden… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
National Bank of Canada price target raised to C$104 from C$102 at CIBC »
14:33 08/16/22 08/1614:33 08/16/2214:33
NTIOF
National Bank of Canada
CIBC analyst Paul Holden… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Laurentian Bank price target raised to C$46 from C$43 at CIBC »
14:33 08/16/22 08/1614:33 08/16/2214:33
LRCDF
Laurentian Bank
CIBC analyst Paul Holden… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Hardwoods Distribution price target raised to C$46 from C$41 at CIBC »
14:33 08/16/22 08/1614:33 08/16/2214:33
HDIUF
Hardwoods Distribution
CIBC analyst Hamir Patel… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
Odeon Capital downgrades Bed Bath & Beyond to Sell with $7.50 price target »
14:32 08/16/22 08/1614:32 08/16/2214:32
BBBY
Bed Bath & Beyond
As previously reported,… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Farmers Edge price target lowered to C$1 from C$3 at CIBC »
14:32 08/16/22 08/1614:32 08/16/2214:32
FMEGF
Farmers Edge
CIBC analyst Kevin Chiang… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Canadian Western Bank price target lowered to C$30 from C$32 at CIBC »
14:32 08/16/22 08/1614:32 08/16/2214:32
CBWBF
Canadian Western Bank
CIBC analyst Paul Holden… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Bank of Nova Scotia price target lowered to C$87 from C$88 at CIBC »
14:32 08/16/22 08/1614:32 08/16/2214:32
BNS
Bank of Nova Scotia
CIBC analyst Paul Holden… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Dialysis legislation could benefit DaVita, says Barclays »
14:31 08/16/22 08/1614:31 08/16/2214:31
DVA
DaVita
Barclays analyst Sarah… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Bank of Montreal price target raised to C$143 from C$142 at CIBC »
14:31 08/16/22 08/1614:31 08/16/2214:31
BMO
Bank of Montreal
CIBC analyst Paul Holden… Story temporarily locked. ShowHide Related Items >><<
|
Options
|
B. Riley Principal 150 Merger Corp call volume above normal and directionally bullish »
14:25 08/16/22 08/1614:25 08/16/2214:25
FAZE
FaZe Holdings
Bullish option flow… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
|
NASDAQ market internals summary »
14:17 08/16/22 08/1614:17 08/16/2214:17
$NSD
NASDAQ Market Internals
Volume is above average… Story temporarily locked. ShowHide Related Items >><<
|
Periodicals
|
Frontier CEO tells Reuters company targets up to 20% capacity growth »
14:16 08/16/22 08/1614:16 08/16/2214:16
ULCC
Frontier Group
Frontier Group CEO Barty… Story temporarily locked. ShowHide Related Items >><<
|
Technical Analysis
| Volume is above average… Story temporarily locked. ShowHide Related Items >><<
|
General news
|
U.S. July retail sales (Wednesday) are the focus »
14:15 08/16/22 08/1614:15 08/16/2214:15
$ECON
Economic Data
U.S. July retail sales… Story temporarily locked. ShowHide Related Items >><<
|
Conference/Events
|
Novan management to meet virtually with Oppenheimer »
14:08 08/16/22 08/1614:08 08/16/2214:08
NOVN
Novan
Virtual Meetings to be… Story temporarily locked. ShowHide Related Items >><<
|