What a comeback.
It's taken barely over an hour to erase the big opening losses. The trigger seems to be that the S&P 500 held last week's lows.
Notably, the chances of a Fed cut in December have worsened in the past day, now down to just 46%.
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FND & CNXN face sales woes & low returns; KNSL shines with 21% premium growth & 43% EPS gains.
Iran crisis scenarios: De-escalation boosts DAL 23%, stalemate favors ENB & LMT, escalation favors CAT.
Industrials gained 7.7% on regulatory hopes, but TNC, ALSN, CSX face sales declines & shrinking margins.
Costco's gas strategy drives memberships, turning volatile energy prices into predictable value. 4.8% member growth.
European stocks rally on Iran talks hopes; oil dips. UK inflation steady at 3%. Gold, silver, and Bitcoin surge.
Financials shed 10.2% in 6 months. MORN (15.3x P/E, 16.1% ROE), MC (15.8x P/E, 40.7% ROE), BRK.A (22.3x P/E, 13.2% ROE) show resilience.
KTB's returns dip, capital costs rise. GATX faces debt risks. LNTH sees sales fall. Avoid these.
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