McConnell shoots down bipartisan $900 billion coronavirus stimulus plan as stalemate drags on https://www.cnbc.com/2020/12/01/coronavirus-stimulus-update-senators-to-unveil-relief-bill.html Market off HOD right now
Salesforce ($CRM) acquiring Slack ($WORK). So CRM down after their ER. Each Slack shareholder will receive $26.79 in cash and 0.0776 Salesforce shares per share. Looks like that works out to 40M shares that CRM will be giving up; they have 900M shares outstanding.
Not much of a pop for WORK after the announcement, but people who bought right after the rumor leaked last week still make some decent money
Nah there's no requirement for making money. Just CRM is a pretty drastic departure from the typical Dow stock. Usually they're blue chips that pay a dividend. I mean NVDA pays a dividend, probably would have been a better choice for the Dow too since they actually produce a physical product. Not that NVDA needs to be in the Dow to increase in share price. I think I'm just flabbergasted that it took so long for TSLA to make it to the S&P, meanwhile the Dow "panic added" CRM to try to seem more hip.
Earnings after the bell for popular names like SNOW, RH and CRWD. SNOW will be especially interesting to watch, a company with strong growth but also extremely expensive valuations
UnitedKingdom London stockmarkets Ftse100 rose 1.23% and 53% stocks rose Hot stockstowatch: Moneyflow: ULVR BP RIO AZN BHP GSK HSBA RDSA RB mostActive: LLOY RR BP VOD CINE IAG GGP SIS HSBA GFS Top Gainers: RBW 19% BWNG 13% HYVE 11% GFS 7% ZOE 7% GGP 7% TLW 7% NCC 6% FGP 6% BNC 6%Golden Crosses: BRW AGK EDIN MUT JUP GYM HAS AFC UTG TPK Germany Frankfurt stockmarkets DAX dip 0.52% and 62% stocks fell Hot stockstowatch Moneyflow: 22UA 0QF BY6 N3IA TL0 PLUN PFE PTX PO0 NNND mostActive: N3IA 22UA PLUN PTX PO0 0QF PFE CVC1 CTM B4B Top Gainers: GE9 43% F1YN 14% DUBA 13% DAR 13% GF8 12% ED4 10% D7GA 9% EDG 6% 22UA 5% ZZA 5%Golden Crosses: ECJ GBF FJI BNP BKN CSUA CMC
CRWD has got resistance at 150. I'm still working on my ER predictions I'll predict this goes down, maybe even -10% on ER?
SNOW getting hit a little bit after earnings, very hard to impress the market when the valuations are sky high
Global stock markets summary, Dec. 2 Asian stock markets (Japan, China Shanghai, Shenzhen and Hongkon, and India NSE) edge up UnitedKingdom London stock market Ftse100 rose 1.23% and 53% stocks rose Hot stockstowatch: Moneyflow: ULVR BP RIO AZN BHP GSK HSBA RDSA RBmostActive: LLOY RR BP VOD CINE IAG GGP SIS HSBA GFSTop Gainers: RBW 19% BWNG 13% HYVE 11% GFS 7% ZOE 7% GGP 7% TLW 7% NCC 6% FGP 6% BNC 6%Golden Crosses: BRW AGK EDIN MUT JUP GYM HAS AFC UTG TPK Germany Frankfurt stock market DAX dip 0.52% and 62% stocks fell Hot stockstowatch Moneyflow: 22UA 0QF BY6 N3IA TL0 PLUN PFE PTX PO0 NNNDmostActive: N3IA 22UA PLUN PTX PO0 0QF PFE CVC1 CTM B4BTop Gainers: GE9 43% F1YN 14% DUBA 13% DAR 13% GF8 12% ED4 10% D7GA 9% EDG 6% 22UA 5% ZZA 5%Golden Crosses: ECJ GBF FJI BNP BKN CSUA CMC USA NASDAQ stock market IXIC dip a little:-0.05%, 54% of NASDAQ stocks fell Hot stockstowatch MoneyFlow: TSLA AAPL AMZN MRNA AMD FB MSFT ZM NVDA GOOGLMostActive: AAL MRNA TSLA LI JBLU INTC TLRY OPK MSFT UALTopGainers: PDCO 15% OPK 14% ACIW 11% AYRO 11% AMBA 9% CMBM 9% ENDP 9% APHA 8% PLCE 7% TLRY 7%GoldenCrosses: GLUU COMM HQY DISCK SABR CRON DISCA USA NYSE stock market NYA index rose 0.29% and 59% NYSE stocks rose Hot stockstowatch Moneyflow: NIO CRM BA WORK PFE BABA SPOT SQ V UBERMostActive: BB GE CCL ITUB ABEV WFC OXY PBR UBER TTopGainers: SPOT 13% SPR 11% HFC 8% RNG 8% MUR 7% UBER 7% VLO 7% SNAP 7% BB 6% WPX 6%GoldenCrosses: WGO HIG EQNR TFX PCG BK TIF SPG BA Canada Toronto TSX Stock Market GSPTSE rose 0.35% and 48% TSX stocks rose Hot stockstowatch MoneyFlow: ENB SHOP RY TD ACB BB BNS BMO MFC SLFMostActive: BB MFC HEXO SU ENB AC APHA CVE CNQ ABXTopGainers: EFR 13% POU 11% OGI 10% LSPD 10% HEXO 9% HND 9% APHA 8% NVA 7% ERF 7% VII 6%GoldenCrosses: HMMJ FRU ARE TOG GC IPL SAP ONEX SRU-UN CRON
Chinese firms could get boot from U.S. exchanges as Congress clears bill. Recently several U.S.-listed Chinese firms have carried out secondary listings in Hong Kong, which would become more frequent if the law takes effect.
