Be in the know. 20 key reads for Friday…

  1. Strong Sales Growth and Continuing Margin Improvement Highlight Cooper Standard’s Second Quarter 2023 Results (cooperstandard)
  2. Rare China Vow on Market Support Puts Beijing’s Toolkit in Focus (bloomberg)
  3. China Relaxes Business Visa Rules in Bid to Further Open Borders (bloomberg)
  4. Amazon Is Flying on the Cloud. AWS Jumps. (barrons)
  5. Apple’s iPhone Headwinds (barrons)
  6. KraneShares: There are green shoots ahead for undervalued China stocks (cnbc)
  7. China’s strong iPhone demand a bright spot for Apple amid sluggish June quarter (scmp)
  8. Nike Stock Has Had a Tough Run. The Case for Buying Now. (barrons)
  9. Brazil’s Leftist President Is Getting Things Done. The Markets Love It. (barrons)
  10. Employment Keeps Cooling, With 187,000 New Jobs in July (barrons)
  11. Amazon Stood Out. Why Analysts Think It Will Keep Delivering. (barrons)
  12. Booking Stock Soars on Strong Results. The Firm Expects Record Summer Travel. (barrons)
  13. Higher Bond Yields Have Spooked the Stock Market. Why It’s Not Time to Worry. (barrons)
  14. opinion content. The Top Line. In praise of the boring chief executive (ft)
  15. China’s curbs on kids’ phone use unlikely to hurt Big Tech, analysts say (scmp)
  16. July Services PMI Increases As Diners Dine Out (chinalastnight)
  17. UAW Demands 40% Pay Hike in Labor Talks With Detroit Automakers (wsj)
  18. BofA Clients Turn Cautious, Flee From Stocks on Recession Risks (bloomberg)
  19. Chinese developers jump after central bank pledges more support for embattled property sector (businessinsider)
  20. The Chart Master tells the technical tale of where rates are headed (cnbc)

Industrials (top 30 weights) Earnings Estimates/Revisions

In the spreadsheet above I have tracked the earnings estimates for the Industrials Sector ETF (XLI) top 30 weighted stocks. I have columns for what the 2023 and 2024 earnings estimates were on 6/2/2023 and today (8/2/2023). The column under the date 8/2/2023 has a letter that represents the movement in 2023 earnings estimates since the most recent print (6/2/2023).

Continue reading “Industrials (top 30 weights) Earnings Estimates/Revisions”