Hey everyone,
We're back to our usual early publishing time. ☀️
Save money on your options trades
What if you could save on every options contract traded? And get $20 worth of free shares just for signing up?
With public.com
They give you a rebate of $0.18 per contract traded, but only if you activate your options account by March 31 .
There are no commission or per-contract fees; you can sign up now and trade later.
Sign up at public.com
To sweeten the pot, use the code ALTSCO when you sign up
*past 24-hour performance
European and U.S. stocks soared to new highs , continuing the rally led by steady central bank decisions.The Dow jumped nearly 0.7% , as tech-heavy Nasdaq made gains of 0.2%. The S&P 500 rose 0.3%, hitting record levels. The Bank of England maintained interest rates, causing the FTSE 100 to surge 1.8%. Reddit's market debut saw shares close up 48% over their initial price. [Ed: rates are never coming down ] Apple lost $115 billion in market value after the Justice Department filed an antitrust lawsuit. A $1.2 trillion funding package to avert a government shutdown goes to the House for a vote today. 🕶️ Market Vibes 🎰 Forecasts and Futures Forecasts via Kalshi , the prediction market. The prediction market is forecasting three rate cuts again.
😱 Fear and Greed Index What do you think? I'm a day late to this but late is better than never. Who's going to win it all this year?
🎤 What you said last time While the rest of the market forecasts a 2/3 chance of a rate cut in June, you folks are much less optimistic.
📈 Trends you need to know Q1 GDP growth forecasts have plummeted over the last 6 weeks on Kalshi . This is how the last few quarters have looked:
So were Q3 and Q4 anomalies?
📊 Stocks Get $20 free shares and options rebates for life if you create an account at public.com using code ALTSCO before March 31st.
Winners and losers Earnings, upgrades, and acquisitions FedEx's better-than-expected Q3 earnings led to a 13% surge in stock price. Nike dropped 5% on slowing sales in China and a weak outlook. Academy Sports shares plummeted 12% on an earnings miss and weak guidance for next year. Accenture reported fiscal Q2 earnings above estimates yet saw shares tumble 8.3%. Lululemon stocks rose 2.1% following Q4 income announcement of $669.5 million. FactSet beat Q2 earnings expectations but fell 7%. Darden Restaurants reported its first same-store sales decline since the pandemic, and shares slumped over 4%. Market movers Microsoft paid $650 million to Inflection AI and absorbed its staff. Airbus secured orders for 54 jets from JAL and Korean Air, two of Boeing's key Asian customers. Hyundai and Kia recalled 147,100 U.S. vehicles over a faulty charging unit. Nike clinched a deal to become Germany's football team supplier, ending Adidas's seven-decade partnership. Apple, Meta, and Google to face EU Digital Markets Act probes. Barclays announced plans to cut hundreds of jobs in its investment banking division. U.S. jobless claims fell to 210,000, and home sales surged 9.5% in February. The FCC has begun investigations into Amazon for selling outlawed electronic devices. Ideas, trends, and analysis U.S. business activity grew in March, driven by a surge in manufacturing PMI to a 21-month high. Walt Disney is on the path to recovery, time to buy. Comcast looks solid with Q4 revenue growth, shareholder returns, and an attractive valuation. Everyone loves a nice cold Coca-Cola stock . These eight stocks combine strong momentum with solid balance sheets. 🌍 Global perspectives 💵 Income ⚡ Crypto Dogecoin jumped 18% on rumors of a potential ETF. [Ed: yeah right ] BitGo CEO Mike Belshe warned that crypto's market structure remains fragile. Coinbase's influence in the Bitcoin ETF market has raised concerns . JPMorgan analysts claimed Bitcoin remains in 'overbought territory.' [Ed: this is their default position ] 🧠 Errata
📺 What to watch today Highlights from yesterday's biggest upset as Oakland sent Kentucky packing.
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Cheers,
💙 Share Alts Use this referral link to get free stuff: https://sparklp.co/348f70fb/
*Disclosures: Paid for by Public Investing. Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk. Prior to buying or selling an option, investors must read and understand the “ Characteristics and Risks of Standardized Options ”, also known as the options disclosure document. If you are enrolled in Public's Options Order Flow Rebate Program, Public Investing will share 50% of our estimated order flow revenue for each completed options trade as a rebate to help reduce your trading costs. Must activate Options Account by March 31 for revenue share. To learn more, see Fee Schedule . US members only.
