Breaking inflation numbers pays attention to oil prices

The future of oil (/ CL) Crude oil reserves rose 1% this morning. The New Empire State Manufacturing Index was approximately twice the forecast. But the news did not move the market.

It’s hard to find Microsoft (NASDAQ: MSFT) However, it has a stake in the stock market, with a quarterly profit margin of 11% and a $ 60 billion stock recovery program. It helped keep the news going Doomsday Industrial Average Future (/ YM) This seems to be fighting downward pressure. Stock Index Future Dates Wednesday morning from NASDAQ 100 (NQ) and S&P 500 (/ ES) on the positive side.

Meanwhile, Business Wire reported Goldman Sachs GS announces plans to buy Green Ski (NASDAQ: GSKY) $ 2.24 billion. GSKY is the largest Fintech platform for home improvement loans. The company uses flexible credit products to allow consumers to “pay when you go.”

A few Covi stocks are making a comeback this morning. Regeneron (NASDAQ: REGN) More than 2% in pre-market trade CureVac(NASDAQ: CVAC) The vaccine company is frustrated with clinical trials that have led to the cancellation of contracts with two manufacturers.

China and Macau want to tighten control over the casino industry, so some gaming stocks are trading lower. Wynn Resorts (NASDAQ: WYNN) Decreased 10.9% on Tuesday and Las Vegas Sands (NYSE: LVS) is down 9.6% and both stocks are down 5% in pre-market trading. Control changes are difficult to predict, so be careful if you are trying to select the bottom.

Other stocks to be considered include Citrix Systems, Inc. (NASDAQ: CTXS) The Wall Street Journal reports that 7.8% is in pre-market trading. And, Squarespace (NYSE: SQSP) Because it was 4.9% before it opened.

Duplicate numbers

On Tuesday, the Consumer Price Index (CPI) rose 0.3% in August. July CPI rates were 0.5% and June 0.9%. So August was definitely an improvement. However, inflation rose 5.3% last year, which is being felt by many consumers.

Basic inflation, which excluded more volatile consumer goods such as food and energy, was only 0.1% for August, but 4.3% year-on-year. Reduction of inflation is a good sign that the current inflation may be temporary. However, Monish Patolawala, CFO of 3m (NYSE: MMM) b Morgan Stanley (NYSE: MS) Conference Monday: Inflation is higher than expected and is hitting the company’s bottom line.

It is often difficult to know how much inflation affects the consumer. Companies may pay a high price for raw materials, parts, machinery, etc., but they cannot always transfer those additional costs. A basic economic principle is that a product is worth only what a person is willing to pay. If the company raises the price of a product, consumers may choose not to buy it or buy less.

The loss of the consumer puts the company in a strong position because it has to take the costs and decide whether to go with a lower margin or stop the product. Summer income was very positive, which means that many companies seem to have managed the latest inflation. Hopefully, companies can keep up with the trend.

Shares will grow

On Tuesday morning, stock futures first appeared on CPI News. However, the march ended in the morning. The S&P 500 index fell for the sixth straight session on Tuesday. Concerns over the Delta alternative continue to elude investors, at least for now.

The declining inflation rate means that the federation does not feel the need to act quickly, which puts so much pressure on the federation’s chairman, Jerome Paul. According to Baron, Paul seems to be pleased with President Beden, and some Washington observers believe Paul is serving for a second term as chairman of the federation.

Apple (NASDAQ: AAPL) Apple’s highly anticipated stock is down. While the new phone colors are impressive, it can be hard to imagine that consumers will pay more for a new phone as the cost of living increases.

Treasury ceases support

Part of the day: Chart source – forum for thinkorswim┬«. For symbolic purposes only. Past performance does not guarantee future results.

New energy crisis? In an interview with Bloomberg on Monday, Global Commodity Research Unit b Goldman Sachs (GS), Jeff Curry, repeated $ 80 per barrel Crude oil (/ CL) Forecast until the end of the year. In June, the US Bank Global Research Report forecast $ 20 per barrel for 2022. If the main CPI eliminates oil and food prices, oil prices could have a major impact on the economy.

If oil goes to those levels, oil thieves love it Proper excavation (NYSE: PDS), Transcrania (NYSE: RIG), Nabors (NYSE: NBR), and Helmerich and Payne (NYSE: HP) may be a user. Due to the high capital required to cover the cost of drilling, high oil prices make drilling more financially viable.

Natural gas (/ NG) Prices have increased by almost 100% to date. According to CNBC, Europe is facing a shortage of gas to boost its supply. Natural gas reserves are 16% lower than the five-year average in Europe and 7.6% in US natural gas companies Chevron (NYSE: CVX), Konoko Phillips (NYSE: COP), Hess Corporation (NYSE: HES), Incidentally (NYSE: OXY), and Ion (NYSE: PXD) will be some of the companies that are ready to meet the growing demand.

The possibility of rising natural gas prices is related to the severity of winter temperatures.

Nuclear alternative; It is another commodity that will attract the attention of future traders Uranium (/ UX). Beginning in mid-August, rare items killed about 45% of the table. Uranium Mining Comeco Corporation (NYSE: CCJ) is one of the very few miners to benefit from the march.

There are not many uses for uranium and it is the largest nuclear power. In June, Business Gates and Warren Buffett announced plans to build a “Next-Gene” nuclear plant in Wyoming. Bill Gates is the founder TerraPower The United States Department of Energy has awarded $ 80 million for the design of nuclear power plants. While Warren Buffet Berkshire Hatway (NYSE: BRK-A) Utility is owned by PacifiCorp. The power plant will cost $ 1 billion and will take seven years to build.

The ad puts the partnership in a wide open field. Bloom Energy Corporation (NYSE: BE) is one of the few publicly traded nuclear power plants. However, since some still view nuclear power as controversial, this could lead to some regulatory roadblocks.

The need for shortening slows down – Goldman Sachs Global Investment Research reports that S&P 500’s short-term interest rate has fallen to its lowest level since 2000. Shortening is a strategy by which an investor tries to repay the stock by selling low-cost stocks. Of course, there is no limit to the price of a stock, so there is no limit to what you can do. Short-term interest is a measure of how many shares are currently being sold.

Over the past year, many courageous investors have taken it In Memme is targeting traders and forcing them to buy their shares. In some cases, huge losses. Companies love it GameStop Corporation (NYSE: GME) and AMC (NYSE: AMC) The shorts made huge profits when they were cut.

Many short sellers may be a little nervous about playing down the market. The last time the S&P 500 was short, it was during the 2000 dotcom bubble. This low level may indicate that the market is warming up.

TD Ameritrade® Commentary for educational purposes only. Member SIPC.

Image courtesy of James Armstrong from Pixby

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