December 19th, 2024

Stock futures higher, interest rates higher, oil over $70 and gold around $2,600. CNBC

The Dow was down around 2.5% while the sp500 was down around 3% and Nasdaq down around 3.5% yesterday. CNBC

The Dow has now declined 10 days in a row which has not happened since 1974. CNBC

The Fed cut rates 25 basis points yesterday, bringing the range to between 4.25% and 4.5%. The central bank also lowered rate cut projections for 2025, anticipating two cuts, down from four. CNBC

The Fed began lowering rates on 9/18/24 when the 10 year Treasury yield was around 3.70% and now over 4.5% today. CNBC

US Supreme Court to hear TikTok's challenge to a federal law banning the video-sharing app unless its US operations separate from Chinese parent company ByteDance. 1440

Senate passes $895B defense bill raising pay for Congress members and junior enlisted service members. 1440

NASA astronauts Butch Wilmore and Suni Williams has their expected eight-day stay on the International Space Station was pushed to eight months due to problems with the Boeing Starliner. Now, their return flight pushed back again, and they won’t be able to come back until late March earliest, instead of February. Morning Brew

Disney becomes only studio to top $2B at the 2024 domestic box office, including three of the top five grossing films. 1440

OpenAI launches free phone service (1-800-CHATGPT), allowing anyone in the US to call and talk to its ChatGPT chatbot for up to 15 minutes at no cost. 1440

Merck signs licensing deal to develop weight loss pill with Chinese drugmaker Hansoh Pharm .CNBC

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday.. CNBC

Sergio Perez said he’s leaving Red Bull’s Formula 1 team. Morning Brew

Donald Trump selects Herschel Walker as US ambassador to the Bahamas. 1440

First National Hockey League game played in 1917. 1440


The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.


Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

December 18th, 2024

Stock futures higher, interest rates higher, oil around $71 and gold around $2,645. CNBC Dow falls for ninth straight day, its longest losing streak since 1978. CNBC

The Fed will announce at 1pm whether it will lower rates again. The consensus is another quarter point drop. CNBC

Ukraine’s secret service assassinated the head of Russia’s chemical and biological weapons defense program yesterday. 1440

Japan's Honda and Nissan reportedly to begin merger talks and eventually bringing in Mitsubishi. CNBC

Federal Trade Commission announces rule banning junk fees—hidden charges—on hotel and event ticket prices. 1440

Taco Bell will introduce chicken nuggets to its menu tomorrow. The nuggets are marinated in jalapeño buttermilk flavor and then coated in a mixture of breadcrumbs and tortilla chips. There are also three dipping sauces: jalapeño-infused honey mustard, spicy ranch, or a chile tomato “Bell Sauce.” Morning Brew

Walmart is giving some US employees body cameras as part of a pilot program to deter theft. CNBC

Starbucks union, which represents workers at more than 500 locations, voted to authorize a strike as it negotiates a new contract. CNBC

Salesforce will bring on 2,000 more salespeople specializing in artificial intelligence. CNBC

Vermont tops Marshall 2-1 to win their first-ever NCAA men's soccer national championship. ESPN

Michael Penix Jr is the new starting QB of the Falcons as Kirk Cousins is heading to the bench. The Falcons signed Cousins to a 4 year, $180 million contract in the offseason including $62.5 million this season. ESPN

Scottie Scheffler and Rory McIlroy never trailed and needed only 14 holes to beat Brooks Koepka and Bryson DeChambeau of LIV Golf in a made-for-TV exhibition. ESPN

Boston Celtics are averaging 51.1 attempted 3s per game, which easily would shatter the record for treys attempted in a season. ESPN

Former NFL quarterback Mike Vick has accepted the head coaching job at Norfolk St. ESPN

Children's television series "Bluey" to get feature film in 2027 produced by BBC and Disney 1440
"Dirty Dancing" and "Beverly Hills Cop" are among 25 movies added to Library of Congress National Film Registry. 1440

Just 1% of taxi drivers die from Alzheimer’s, compared with about 4% of the general population Experts attribute this to drivers’ navigation skills, which exercise the part of the brain that’s one of the first to break down from the disease (the hippocampus). Morning Brew

Alabama woman receives gene-edited pig kidney, becomes the fifth person to undergo animal-to-human gene-edited organ surgery. 1440

Steven Spielberg turns 78 today. 1440

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

December 17th, 2024

Stocks slightly lower this morning, interest rates little changed with the 10 year US treasury yield at 4.43%, oil lower at $69.84 and gold lower at $2,659. CNBC

The Nasdaq hit another record high yesterday, rising 1.24%. CNBC

At least 2 people were killed and six injured after a shooter opened fire at a K-12 school in Madison, Wisconsin, yesterday. The suspect, identified as 15-year-old Natalie Rupnow, took her own life before police were able to get to her; no motive for the attack has been offered yet. 1440

Federal workers who refuse to return to the office will be fired, President-elect Trump said during a news conference at Mar-a-Lago yesterday. Morning Brew

Feeling like the cost of a chocolate treat or a cup of coffee are higher this holiday season? You aren’t wrong! The price of cocoa, the key ingredient in chocolate, is up 180% year-to-date. The price of Arabica coffee futures with March delivery hit a fresh intraday high of 348.35 cents per pound last week, and this week remains up 70% year-to-date. CNBC

Walmart is giving some of its store employees body cameras; the company is using the technology to deescalate conflict and prevent theft. CNBC

A Fiat dealership in Colorado is attracting a lot of attention by offering a 27-month lease on a 2024 Fiat 500e for $0 per month and $0 down payment. (You must be a Colorado resident to qualify for the deal.) The offer is meant to be an aggressive incentive to get the models off the floor, as demand for smaller vehicles remains muted. Axios

TikTok filed an emergency appeal at the Supreme Court on Monday seeking to delay a law that would ban the video-sharing platform nationwide if TikTok doesn’t divest from its Chinese parent company. 1440

GoFundMe has reportedly shut down multiple fundraisers that claim to be raising money for Luigi Mangione’s legal fees (the alleged United Healthcare CEO shooter), as the platform said its terms of service “prohibit fundraisers for the legal defense of violent crimes.” The platform refunded all donors, but that hasn’t stopped the flow of money. $135,000 in “legal funds” were raised on Monday night on GiveSendGo’s platform. Morning Brew

Former FBI informant Alexander Smirnov plead guilty to fabricating the claim that President Joe Biden and his son Hunter accepted bribes from a Ukrainian energy company; the false claim was used as part of evidence in GOP-led efforts to investigate Biden family. CBS News

Germany’s Chancellor Olaf Scholz lost a vote of confidence yesterday; a caretaker government is now steering Europe’s largest economy with snap elections planned for February 23rd, 2025. 1440

The Atlanta Falcons snapped their 4-game losing streak on Monday night, beating the Las Vegas Raiders 15-9. ESPN

Conor McGregor agrees to fight Logan Paul in a boxing exhibition in India. ESPN

"Wicked" sequel gets official title of "Wicked: For Good," with film set for a November 2025 release date. 1440


The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.


Leslie Darrington
Managing Partner, Financial Advisor

December 16th, 2024

Stock futures higher, interest rates lower, oil around $71 and gold over $2,660. The Dow has been down 7 days in a row. CNBC

South Korea’s President Yoon Suk Yeol was impeached on Saturday after his fleeting failed attempt to impose martial law. CNBC

ABC News agrees to pay $15M and $1M in attorneys' fees to settle Donald Trump's defamation case over anchor George Stephanopoulos' false claims. 1440

The US obesity rate in 2023 is 45.6%, down from 46% in 2022 and the first drop in a decade. 1440

To counter a swift decline in new babies, starting in April, Japan’s 160,000+ government employees will be able to take an extra day off of their choosing each week, which Tokyo hopes will enable more women to choose both career and family. Japan is going on its 16th straight year of population decline. Japan is expected to have less than 700,000 newborns this year for the first time since at least 1899. Japan’s birth rate dipped to 1.2 babies per woman last year. Generally, that rate needs to be 2.1 for a population to remain stable. Morning Brew

South Korea is paying men to undo their vasectomies and plans to spend $322 million on reversing its loneliness epidemic. Its fertility rate was 0.72 last year, the lowest in the world. Morning Brew

Softbank CEO Masayoshi Son will announce plans to invest $100 billion in the U.S. in the next four years Son will pledge to create 100,000 jobs in AI and related infrastructure. CNBC

Palantir, Axon and MicroStrategy will be joining the Nasdaq 100 later this month and Illumina, Moderna and Super Micro Computer will be removed from the index. CNBC

Consulting firm McKinsey & Company has agreed to pay $650M to settle a federal investigation into its role in boosting opioid sales for now-bankrupt Purdue Pharma. 1440

Amazon workers at two New York warehouses authorize possible strike after setting a Dec. 15 deadline; roughly 5,500 workers threaten to walk out days before Christmas. CNBC

Colorado standout Travis Hunter won the Heisman Trophy, becoming the second player in school history to earn the honor. ESPN

All four No. 1 seeds advanced to the NCAA Final 4, where Penn State will play Nebraska and Pitt will play Louisville. Yahoo

College basketball analyst Dick Vitale said his most recent scan showed he is cancer-free. ESPN

Navy’s athletic director says the Army–Navy game alone could account for 15% of its annual operating budget. Sportico

Taylor Swift No. 1 on Billboard's year-end Top Artist chart for second straight year, first artist to top the year-end chart four times. 1440

Warner Bros. Discovery opts not to renew deal to air new episodes of "Sesame Street" on HBO and Max. 1440

Michelob Ultra surpasses Bud Light as the US’ most popular beer on tap at bars. Morning Brew
The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.”

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

December 13th, 2024    

Stock futures higher, oil over $70, interest rates higher and gold down to around $2,660. CNBC

Hamas reportedly conceded to Israel on two key demands for a Gaza ceasefire, raising hopes that the sides are finally closer to an agreement. 1440

40% of students in US masters courses will either make no extra money or incur a financial loss. The Economist

For households led by single mothers, the supplemental poverty measure increased to 29% in 2023 from 27% in 2022. That's more than 2.7 million families. Axios

Egg prices rose to $3.65 per dozen in November, up 8% from October and up 71% year-on-year. Axios

Arabica coffee futures with March delivery hit an intraday high of 348.35 cents per pound, their highest level in nearly 50 years, and up a whopping 70% year-to-date. CNBC

YouTube TV to raise monthly subscription fee by $10 to $82.99. CNBC

Costco said e-commerce sales were up 13% from the same period a year earlier. It ended the quarter with 77.4 million paid household members or 138.8 million cardholders. CNBC

Colorado WR/CB Travis Hunter played 92% of snaps for the Buffaloes this season and also became the first player to win both the Bednarik Award (best defensive player) and Biletnikoff Award (best WR). Yahoo

Hunter is the only player this century with 10 catches and an interception in the same game, and he's done it twice this season. Yahoo

Nikola Jokić is averaging 43.7 points, 16.7 rebounds and 9.0 assists on 55% shooting across his last three games for the Denver Nuggets. No other player has ever reached those numbers in any three-game span. Yahoo

Rams beat 49ers 12-6. It was the first game this NFL season to finish with no touchdowns. Boring Yahoo
Chiefs at Cleveland Sunday at noon. ESPN

Pro Shop announced a deal with the PGA Tour that brings back The Skins Game in 2025 for the first time since 2008. ESPN

Eighteen-year-old Indian Gukesh Dommaraju becomes youngest-ever World Chess Champion. 1440
Taylor Swift turns 35 today. 1440


The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

December 12th, 2024

Stock futures slightly lower, oil over $70, interest rates slightly higher, and gold over $2,710. CNBC

Nasdaq tops 20,000 for first time yesterday, lifted by Alphabet, Tesla, Amazon, and Meta, which all closed at record highs. CNBC

Consumer price index rose 2.7% year-over-year in November and 0.3% month-over-month. CNBC

Time Magazine names Donald Trump Person of the Year, and he will ring in NY stock exchange. Trump has now won twice, and FDR won 3 times. TIME

President Biden will commute the sentences of almost 1,500 offenders and pardon 39 others, the biggest number of commutations and clemencies granted in a single day. CNBC

FBI Director Christopher Wray to resign before Donald Trump takes office next month. 1440

Elon Musk becomes first person with $400 billion net worth. CNBC

The percentage of the US population born in another country was 15.2% in 2023, which broke the record set in 1890 with 14.8%. Morning Brew

House of Representatives pass $895B defense bill for 2025 fiscal year, a 1% increase from 2024. 1440

Apple released its latest software including integration that will bring OpenAI’s ChatGPT to Apple’s Siri assistant and will apply to iPhone, iPad and Mac software. CNBC

Hershey rejected Mondelez’s takeover offer as too low. CNBC

49ers host the Rams in NFL tonight. Yahoo

Six-time Super Bowl champion coach Bill Belichick hired as next head coach at North Carolina. He is 72 and is replacing 73 year old Mack Brown. ESPN

NCAA looking to expand March Madness tournaments to 72 or 76 teams in near future. ESPN

FIFA president Gianni Infantino confirms the 2034 men’s World Cup will be held in Saudi Arabia. Morning Brew

Engineers develop microscopic robots for delivering drugs to specific locations inside the body. 1440

Frank Sinatra born 109 years ago. 1440

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

December 11th, 2024

Stock futures higher, interest rates little changed, oil around 69.5 and gold over $2,700. CNBC

Franklin Fire near Pepperdine University in Malibu, California, burns over 2,800 acres, places 12,500 people under evacuation orders. 1440

Chipotle and Cava are raising prices in early 2025, with Chipotle announcing a 2% hike and Cava hinting at less than 3%. Chartr

A Federal appeals court rejected legal efforts to reverse the ban on TikTok, which means that, unless ByteDance sells off the app, it could be banned in the US on January 19th. Chartr

DoorDash is partnering with a wedding dress retailer to offer same-day delivery services for a “white once in a lifetime gown” in less than 60 minutes. Chartr

GM will stop funding its Cruise robotaxi project, citing competition, costs, and time required to scale the business. CNBC

Amazon launched its Amazon Autos service, empowering online shoppers in 48 US cities to buy exclusively Hyundai vehicles from participating dealers. Morning Brew

Federal judge temporarily halts Kroger's proposed acquisition of rival Albertsons pending FTC proceedings. CNBC

Walgreens higher on reports of potential sale to private equity firm Sycamore Partners. CNBC

Time magazine taps Caitlin Clark as its 2024 Athlete of the Year. 1440

A.J. Dybantsa, the top college basketball recruit in the Class of 2025, has committed to BYU. His rumored NIL package: $7 million. Yahoo

Joe Burrow's house was broken into while he was playing on "Monday Night Football." Yahoo

Josh Allen had the most fantasy points by a QB in history for a single game Sunday. He had 3 passing TDs and 3 rushing TDs…….and his team lost. Yahoo

Chris Paul passed Jason Kidd for second on the NBA's all-time assist leaderboard. Only John Stockton has more. Yahoo

Mariah Carey's "All I Want for Christmas," which debuted in 1994, tops Billboard Hot 100. 1440

Fans traveled an average distance of 338 miles to see a Taylor Swift show,, and in the US spent $1,300 on average for tickets, outfits, and more. Merch sales during the tour totaled 440 million. US Travel Association

The Ruby slippers worn by Judy Garland in The Wizard of Oz, which had been stolen from a museum in 2005, sold for a record $28 million at auction. They were expected to sell for $3 million. Morning Brew

The share of Americans scoring at the lowest level in literacy rose to 28% from 19% in 2017. And 34% scored at the lowest numeracy (math) level, compared to 29% six years prior. Morning Brew

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

December 10th, 2024

Stocks are mixed this morning, interest rates flat with the 10 year US treasury yield at 4.23%, oil slightly lower at $68 and gold higher at $2,700. CNBC

Twenty-six-year-old Luigi Mangione was arrested for the murder of United Healthcare CEO Brian Thompson. 1440

The average gallon of gas cost $2.98 yesterday — and has been under $3 since Saturday; gas prices haven’t been this low since Spring 2021. Axios

Omnicom Group is acquiring Interpublic Group in a roughly $13B deal that would create the world’s largest advertising agency valued at more than $30B. Axios

Boeing restarted production of its best-selling 737 Max jetliner last week, a month after the end of a seven-week strike by 33,000 factory workers. CNBC

Social forum platform Reddit will test a conversational AI feature, allowing US users to ask questions and curate responses; the model is trained on years of user-generated content. 1440

Rupert Murdoch loses court bid to change his family’s trust to consolidate his eldest son Lachlan’s control of News Corp. and Fox Corp; the trust currently ensures all four of Murdoch's children have equal say in governing his media empire. 1440

Former Marine Daniel Penny was acquitted of criminally negligent homicide in the May 2023 New York City subway death of Jordan Neely; the jury's decision came three days after a more serious charge of manslaughter was dismissed. 1440

Israeli Prime Minister Benjamin Netanyahu to take the witness stand for first time in an ongoing corruption trial on accusations of fraud, breach of trust, and accepting bribes in three separate instances. 1440

New York Mets sign former New York Yankees superstar Juan Soto to 15-year, $765M contract, the most lucrative deal in sports history. ESPN

Dave Parker and Dick Allen elected to Baseball Hall of Fame via Classic Baseball Era Committee. ESPN

President-elect Donald Trump, Vice President Kamala Harris, and Elon Musk among shortlist of candidates for Time magazine's 2024 Person of the Year. 1440

The 2025 Golden Globes nominations were released. Emilia Pérez led the film side and The Bear received the most TV nominations. Morning Brew


The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.

Leslie Darrington
Managing Partner, Financial Advisor

December 9th, 2024

Equity futures mixed, interest rates higher, oil over $68 and gold over $2,660. CNBC

The S&P 500 and Nasdaq Composite are on three-week winning streaks, closing at records on Friday. CNBC

The SP500 yield has moved down to 1.2% which is the lowest since 2000. Billelo

US stocks now trading at over 22x forward earnings vs 14x for International stocks which is the widest margin ever. Billelo

An index of Rolex watch prices is down over 30% from the peak in March 2022. Billelo

President-elect Trump said he does not plan to to remove Federal Reserve Chair Jerome Powell early. CNBC

Syrian President Bashar al-Assad resigned and fled the country yesterday to Russia, ending the Assad regime's 50 years in power. 1440

South Korean President Yoon Suk Yeol survives impeachment vote Saturday amid boycott from members of his conservative party. 1440

Ghana ousts ruling party, reelects former President Mahama; election comes amid cost-of-living crisis following 2022 default on $30B in sovereign debt. 1440

New AI-powered brain scans found to be twice as effective as doctors at pinpointing when strokes occurred in patients. 1440

Nvidia under pressure after a Chinese regulator said it was investigating the chipmaker over possible violations to the country’s antimonopoly law. CNBC

Chiefs wins on last second field goal that doinks off goal post. Chiefs win division for 9th year in a row. Patriots have record with 11 in a row. ESPN

Chiefs are 10-0 in one score games this year, and also have had 3 different kickers make game winning field goals as time expired. ESPN

Mizzou beats Kansas 76-67 in mens basketball. KU was down by 24 in the 2nd half and cut the lead to 2 before Mizzou closed out the game. ESPN

Juan Soto to sign with the Mets on a 15-year, $765 million contract. ESPN

Oregon, Georgia, Boise State, and Arizona State top 4 seeds in NCAA football playoffs with each receiving a first-round bye. Miami and Bama left out of playoffs. ESPN

Indiana, Penn St, Texas and SMU all have NO WINS over a top 25 team this year. ESPN

Los Angeles Galaxy top New York Red Bulls 2-1 to win a record 6th MLS Cup. ESPN

Taylor Swift ends "Eras" tour with final performance in Vancouver. The $2.2B tour was the highest-grossing of all time. 1440

"Moana 2" tops $600M at global box office, surpassing original film's total haul in 10 days. 1440

“A Charlie Brown Christmas” debuts in 1965. 1440

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

December 5th, 2024 

Stock futures slightly lower, interest rates higher. Oil around $69 and gold over $2,650. CNBC

Dow, SP500 and Nasdaq all reached all-time session highs and closing at records. CNBC

France's National Assembly ousted conservative Prime Minister Michel Barnier yesterday, marking the country's first successful no-confidence effort since 1962. 1440

South Korea's opposition parties submit motion to impeach President Yoon Suk Yeol following martial law declaration this week. 1440

US officials anticipate the US will produce an average of 13.2 million barrels of oil per day this year, which was 47% higher than Saudi Arabia’s average in October. WSJ

Jared Isaacman, the billionaire who became the first private astronaut to complete a spacewalk, has been chosen to head NASA. Morning Brew

Lilly’s Zepbound helped participants lose an average of 20.2% of their body weight in 18 months, compared to Novo Nordisk’s Wegovy, which led to 13.7% weight loss on average for its test group in the same time period. Morning Brew

Mercedes gave Pope Francis the first all-electric Popemobile. Morning Brew

Brian Thompson, the 50-year-old CEO of UnitedHealthcare, fatally shot yesterday while walking to a conference for the company’s investors at a hotel in midtown Manhattan. 1440

Creighton beats #1 Kansas 76-63 and first win over KU since 1949. KU at Mizzou at noon on Sunday ESPN
Packers at Lions in NFL Thursday Night matchup. Yahoo

Thanks to lucrative partnerships with Nike, Gatorade and State Farm, Caitlin Clark's overall earnings in 2024 were $11.1 million. Clark was responsible for 26.5% of WNBA economic activity during the 2024 season (attendance, merch sales, TV viewership). Yahoo

Taylor Swift named Spotify's most-streamed artist worldwide for second straight year; The Weekend, Bad Bunny, Drake, and Billie Eilish round out the top five. 1440

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

December 4th, 2024

Stock futures higher, interest rates also higher, oil around $70 and gold over $2,635. CNBC

The SP500 is poised to finish up over 20% for 2 straight years which has not happened since 1998. Kobeissi

South Korean President declares martial law in the country Tuesday, the first such declaration since the country democratized in the 1980s. 1440

China bans the export of specific rare minerals to the US that are used for technology and military applications. The decision came a day after the US expanded its restricted-trade list of Chinese companies for certain types of chips. The banned minerals include gallium, germanium, antimony, and other elements needed for manufacturing advanced technologies. China accounts for roughly 63% of US antimony imports, 54% of germanium imports, and 53% of gallium imports. 1440

US job openings rose to 7.7 million in October; the figure is up 372,000 jobs from September's low. CNBC

The delinquency rate of commercial mortgage back securities for offices spiked to 10.4% in November, the highest since 2013. Kobeissi

Walmart buys TV maker Vizio for $2.3B in all-cash deal. CNBC

Nearly 100,000 Volkswagen workers walked off the job at nine plants across Germany in protest of the automaker’s plans to cut costs by closing factories and docking pay. 1440

Frontier, the ultra-low-cost airline, is adding first-class seats. CNBC

SpaceX is reportedly in talks to sell insider shares at a new valuation of $350 billion. Morning Brew

Food production giant Cargill, the US' largest privately held company, says it will lay off 5% of its global workforce, or an estimated 8,000 employees, amid dropping food prices. 1440

In 2022, 60% of MLB games took over 3 hours. In 2024, only 12% of games took over 3 hours. Pitch clock working. MLB

Royals have new TV deal with Diamond Sports and will be rebranded as Fanduel Sports Network. Royals Review

Oregon, Texas, Penn State, and Notre Dame top final College Football Playoff rankings ESPN
Joe Burrow is leading the NFL in passing yards and passing TDs while completing 67.7% of his passes and throwing just 5 INTs. And yet: The Bengals are 4-8. Yahoo

Aroldis Chapman is signing a 1 year, 10.75 million deal with Red Sox. Chapman's 335 saves are third-most among active pitchers. Yahoo

Researchers discover gene involved in photosynthesis that can boost poplar tree height by about 30% in the field, 200% in a greenhouse. 1440

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.


Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

December 3rd, 2024

Stock futures flat this morning, interest rates little changed with the 10 year US treasury yield at 4.21%, oil slightly higher at $69 and gold higher at $2,666. CNBC

3.1 million people went through TSA checkpoints at U.S. airports on the Sunday after Thanksgiving, which broke the previous record of 3 million on July 7. Axios

Black Friday shoppers spent a record $10.8 billion this year, mostly with online purchases. Axios

The TikTok Shop, the social media app’s e-commerce platform, said it raked in over $100 million in sales on Black Friday this year. It’s been 15 months since the e-commerce platform launched, and it’s expected to more than double its sales this year to $50 billion. Morning Brew

The US Supreme Court heard arguments yesterday in a case challenging the Food and Drug Administration's block on flavored e-cigarette products. The FDA has rejected over a million marketing applications for sweet-flavored vapes, citing youth addiction concerns. Vaping companies argue the products help adults quit smoking and claim the FDA changed the requirements without notice after the applications were submitted. 1440

Intel CEO Pat Gelsinger abruptly retired Sunday after 40 years with the company. Axios

Frontier Airlines announced it will install first-class seats to attract high-paying flyers. CNBC

Vodka company Stoli's U.S. arm filed for Chapter 11 bankruptcy protection. Axios

Jaguar revealed it’s “Type 00” concept, an all-electric two-door coupe that is scheduled to hit the road in 2026. Morning Brew

French Prime Minister Michel Barnier faces a no-confidence vote as soon as tomorrow after he invoked a constitutional provision yesterday to push through a contentious budget without a final parliamentary vote. The 2025 budget seeks to shrink France's deficit and includes $42B in spending cuts and $21B in tax increases; it has faced widespread criticism. 1440

Fifty-six people die in southeast Guinea from violence and crowd surge following a controversial call made by a referee at a soccer match. ESPN

Israel and Hezbollah militants reportedly traded fire in the disputed border zone despite US- and French-brokered ceasefire that began last week. AP News

Denver Broncos beat the Cleveland Browns Monday night, 41-32. ESPN

Los Angeles Lakers lost to the Minnesota Timberwolves Monday, 109-80. ESPN

Moana 2 brought in $221 million in ticket sales over its five day opening at the box office. CNBC

According to a recent financial survey of more than 2,200 Americans, the Gen Z respondents — born between 1997 and 2012 — said they'd need to make $587,000 a year to be "financially successful." That’s roughly 3x-6x what any other age group said they’d need. Axios

Art Cashin, a New York Stock Exchange fixture for decades, passed away yesterday at age 83. CNBC

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.


Leslie Darrington
Managing Partner, Financial Advisor

December 2nd, 2024

Today is Cyber Monday……many deals for internet shopping!!! CNBC

Stock futures little changed, interest rates higher, oil near $69 and gold around $2,640. CNBC

The Dow gained 7.5% in November while the SP500 and Nasdaq were up 5% and 6%, respectively. Dow and S&P 500 notched their best months of 2024, and also made new highs. CNBC

Joe Biden pardons Hunter Biden, last night, weeks before the younger Biden was due to be sentenced for federal gun and tax evasion charges. 1410

Justin Trudeau flew to Florida and had productive talks with Donald Trump at Mar-a-Lago on Friday. Morning Brew

Black Friday sales grew 3.4% year-over-year, with online purchases up 14.6%, in-store up 0.7%. CNBC

ChatGPT is used by 200 million people every week, up from 100 million over the same period a year ago. OpenAI

Australia passes ban on social media for those under 16. Law will go into effect in a year. 1440

A Chinese commercial ship accused of sabatoging underwater telecommunications lines in the Baltic Sea has been surrounded by NATO warships. Investigators are probing whether the captain acted at the behest of Russian intelligence when he released the anchor and dragged it more than 100 miles across the seafloor. The two destroyed cables are part of a global underwater telecommunications network that carries more than 95% of the world's international internet traffic and processes $10T in financial transactions each day. 1440

Meta plans to build $10B fiber-optic subsea cable extending around the world (over 40,000 kilometers) Meta companies account for 30% of internet traffic. CNBC

The number of vessels operating in Artic Ocean region rose by nearly 40% in the decade leading up to 2023 largely due to increased natural gas and oil drilling activity and higher temperatures. Artic Council

The Notre Dame Cathedral in Paris scheduled to open Saturday, 5 years after being damaged by a fire. 1440

Chiefs find another unusual way to win as Raiders botch last second snap. Chiefs now 11-1 and host Chargers this Sunday night. ESPN

Mizzou wins in final seconds vs Arkansas, KST loses at Iowa St, and KU gets blown out at Baylor ending their bowl dreams. ESPN

Michigan beats THE Ohio St U for the fourth time in a row. ESPN

Vito the pug took the top prize in the toy category as well as best in show, becoming the first of its breed to ever win the National Dog competition. 1440
US domestic box office hauls in a record $420M during five-day Thanksgiving weekend, including $221M for "Moana 2's" opening. 1440

Researchers observe killer whales hunting whale sharks in the Gulf of California, the first time the behavior has been seen. 1440

Britney Spears 43 today. 1440

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.”

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

November 27th, 2024

Stock futures little changed this morning, interest rates flat with the 10 year US treasury yield at 4.25%, oil slightly higher at $69.21 and gold higher at $2,673. CNBC

The latest personal consumption expenditures price index (PCE) report – the Fed’s “favorite” inflation gauge – is due out today at 10am ET. CNBC

Federal Reserve minutes from meeting earlier this month suggest slower pace of interest rate cuts than previously indicated; next meeting is Dec. 17-18. CNBC

Consumer confidence, as measured by the Conference Board, edged up by 2 points in November, near the highest level since 2022. That captures at least some post-election sentiment; the cutoff date for results was last week. Axios

Homebuyer demand for mortgages to purchase a home jumped 12% from the previous week and were 52% higher than the same week one year ago. The average interest rate for a 30-year fixed-rate mortgage is 6.86%. CNBC

The Biden administration proposed yesterday to expand Medicare and Medicaid coverage to include popular weight loss medications like Wegovy and Zepbound. The initiative would classify obesity as a treatable disease to reduce associated health risks including heart disease and Type 2 diabetes. 1440

Disney settles $43M class-action lawsuit with 9,000 female workers alleging they were paid less than their male counterparts in comparable roles. 1440

Walmart CEO John Furner announced the company will roll back diversity, equity and inclusion programs. Changes include closing $100M equity racial center launched in 2020, phasing out the term "DEI," ending preference for suppliers majority owned by women, LGBTQ+ members, veterans, and others. CBS News

Chipmaker Intel awarded close to $7.9B to support building and expansion of semiconductor manufacturing facilities in Arizona, New Mexico, Oregon, and Ohio; funds come from the 2022 CHIPS Act. 1440

Mexican President Claudia Sheinbaum threatened retaliatory tariffs on US goods yesterday, in response to President-elect Donald Trump's pledged 25% tariffs if Mexico fails to halt the flow of drugs and migrants into the US. The US is the world's largest importer, with Mexico topping its list of trading partners, followed by Canada and China. 1440

Israel and Hezbollah agree to a US- and France-led ceasefire, ending 14 months of rocket and missile exchanges. Israeli soldiers will withdraw, and the Lebanese army will repopulate the country's south in the coming 60 days. ABC News

KU center Hunter Dickson was ejected in the second half of the No. 1 Jayhawks win against Duke last night (75-72) after kicking Maliq Brown in the face while the two were on the floor. ESPN

The top four stayed the same for the third week in a row in the College Football Playoff rankings – No. 1 Oregon, No. 2 Ohio State, No. 3 Texas, and No. 4 Penn State. ESPN

Manhattan's Meatpacking District — a once gritty hub of over 200 slaughterhouses and packing plants — is losing its last meat market as the last tenant accepts a deal from the city to move out so the building can be redeveloped. Axios

Over 80% of Americans will eat turkey on Thanksgiving, requiring an estimated 46 million birds to supply the feast. 1440

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.

Leslie Darrington
Managing Partner, Financial Advisor

November 26th, 2024

Stock futures mixed, interest rates higher, oil around $69.5 and gold over $2,610. CNBC

Israel's Cabinet is expected to vote today on the terms of a proposed ceasefire deal with Hezbollah in Lebanon. 1440

U.S. holiday shoppers are projected to spend $296.5 billion online, accounting for 30.1% of total holiday sales and a +3% increase from 2023. 92% of Americans plan to shop this holiday season — though only 17% expect to spend more, while 30% anticipate cutting back. GRIT

The price-to-earnings (P/E) ratio of the US stock market compared to global stocks has reached a staggering 1.8x, marking its highest point in over two decades. Since 2009, the SP500 is up 447%, Nasdaq up 786% and MSCI World ex-USA index is up 52%. GRIT

Average cost of a classic Thanksgiving feast for 10 people will inch down to $58 this year, a 5% decline from last year’s $61, yet the cost remains 19% higher than in 2019. Chartr

31% of builders reduced home prices in November, averaging a 5% decrease. GRIT

93% of Gen Z and 79% of millennial leaders use 2 or more AI tools on a weekly basis. Chartr

Blackstone invests $3.5B in US natural gas company EQT, pipelines expected to see a surge in demand amid expected growth of data centers powering AI. CNBC

Patrick Mahomes now 19-4 after a loss. He also tied Len Dawson with 237 touchdown passes for the Chiefs. ESPN

Mahomes has been sacked 27 times this year. The most he has ever been sacked in a season is 28. ESPN

Mizzou, KST and Kansas all picked up wins on the gridiron Saturday. Kansas became the first unranked team with a losing record to ever beat 3 top 20 teams in a row. Yahoo

Kansas punter Damon Greave’s parents flew from Australia to watch their son in action……….and KU never punted. SI

Nebraska is bowl eligible for the first time since 2016. ESPN

Royals trade Brady Singer to Cincy for Jonathan India and Joey Wiemer. India projected to leadoff next year. ESPN

Max Verstappen clinched his fourth consecutive Formula 1 world championship. ESPN

General Motors to join Formula 1 as its 11th team beginning in 2026 under GM's Cadillac brand. 1440

UCLA women's hoops beat top-ranked South Carolina to snap their 43-game winning streak. Yahoo

Elton John loses eyesight in his right eye for last four months due to an infection. 1440

Chuck Woolery, longtime TV game show host best known for "Love Connection," dies at age 83. 1440

Singer and actress Tina Turner would be 85 today. 1440

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.”

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

November 25th, 2024

Stock futures higher this morning, interest lower with the 10 year US treasury yield at 4.36%, oil lower at $71 and gold lower at $2,683. CNBC

President elect Donald Trump signaled Friday his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary. CNBC

A record 80 million Americans are expected to travel for Thanksgiving this year, according to AAA projections. Axios

Storms are forecast this week with rain and snow on the radar for California, the Midwest, and the Great Lakes region, with the East Coast predicted to be most impacted. 1440

Service workers at Charlotte Douglas International Airport in Charlotte, North Carolina, have gone on strike this week to protest what they say are unlivable wages. AP News

Social media platform Bluesky surpasses 21 million users, up from 13 million last month. 1440

A Google Survey of 1,005 full time “knowledge workers” – those who “think for a living” and drive innovation, solve problems and manage personnel – revealed that almost all are using generative AI tools. 93% of Gen Z respondents ages 22-27 said they were using two or more AI tools a week – such as ChatGPT, DALL-E and Otter.ai. 79% of millennials ages 28-39 said they used two or more of these tools a week. Axios

Data centers that power artificial intelligence and cloud computing could use more electricity than entire cities. CNBC

7-Eleven sold 153 million Slurpees in 2023. Morning Brew

Yesterday, the countries at the COP29 climate summit in Baku struck a deal that would provide low-income countries impacted the most by climate change $300 billion annually starting in 2035. Morning Brew

Orland Pride beat Washington Spirit, 1-0, winning their first National Women’s Soccer League championship. ESPN

The Chiefs beat the Panthers, 30-27. ESPN

A brain study suggests that overthinking social situations is governed by interactions with the amygdala, part of the “lizard brain,” responsible for fear and assessing risk. 1440

Over the weekend, the premier of “Wicked” broke the record for the best-ever debut for a Broadway musical adaption, earning $114 million domestically and $162.4 million globally. 1440

“Moana 2,” the sequel to the 2016 hit “Moana,” hits theaters on Friday. Axios


The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.

Leslie Darrington
Managing Partner, Financial Advisor

November 22nd, 2024         

Stock futures mixed, interest rates lower, oil under $70 and gold nearing $2,700. CNBC

The Dow is up about 1% on the week, the S&P 500 is up 1.3% and the Nasdaq Composite it up 1.5%. CNBC

Russia strikes Ukraine with new intermediate-range missile in response to Ukraine sending US-supplied short-range ballistic missiles into Russia. 1440

Parts of eastern US and Great Lakes region see this winter's first snowfall, with more than 23 million people under winter weather advisories. 1440

Elon Musk's artificial intelligence startup xAI raises $5B in funding round, valuing the company at $50B. CNBC

Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to Europe’s electrification ambitions. CNBC

Shohei Ohtani and Aaron Judge both unanimously win MLB's 2024 NL and AL MVP awards. ESPN

Bobby Witt, Jr finished 2nd in AL voting. That was the highest finish for a Royal since George Brett was runner up to Don Mattingly in 1985. Witt also won a Golden Glove, Silver Slugger, was All MLB First Team SS, won a batting title and had the most hits. ESPN

MLB will test the robo-umpire challenge system during spring training, which could lead to regular-season implementation by 2026……..it’s about time!!! Yahoo

Chiefs at Carolina at noon Sunday. ESPN

Colorado (Prime Time) at Arrowhead to play Kansas tomorrow, Mizzou at Mississippi St, and Cincy at KST. ESPN

No. 5 Indiana visits No. 2 Ohio State Saturday and #19 Army at #6 Notre Dame. ESPN

Alex Ovechkin, who leads the NHL with 15 goals, to miss 4-6 weeks with a fractured fibula. Yahoo

Morgan Wallen wins top prize of entertainer of the year at Country Music Association Awards. 1440

Jason Kelce that he will host "They Call It Late Night with Jason Kelce" on ESPN. The one-hour show will tape on five straight Friday nights beginning Jan. 3. ESPN

Around the Horn, ESPN’s popular discussion show hosted by Tony Reali, will end in 2025. ESPN

Billie Jean King 81 today. 1440


The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.”

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

November 21st, 2024

Stock futures higher, interest rates flat, oil over $70 and gold over $2,650. CNBC

The Stoxx Europe 600 index has underperformed the SP500 by over 21% this year, the most on record. Kobeissi

The US stock market capitalization went over $60 Triliion for the first time. It has doubled in the last 4 years. Kobeissi

President Biden announced yesterday the US will send antipersonnel landmines to Ukraine, reversing a ban in place since 2022. 1440

A bomb cyclone hit the Pacific Northwest and nearly 600,000 customers have lost power. Heavy winds, rain, and snow are expected to continue impacting the region in the coming days. 1440

US Postal Services reported a net loss of $9.5 billion for its fiscal year ending Sept. 30, a $3-billion bigger loss than last year. Total operating revenue was $79.5 billion, up 1.7%. Reuters

The Department of Justice is pushing a federal judge to make Google divest its Chrome internet browser. CNBC

Ford cutting 4,000 jobs in Europe, about 14% of its workforce, citing weak demand for EVs and competition from Chinese cars. Morning Brew

The McRib is coming back to McDonald’s locations nationwide on Dec. 3. CNBC

Tigers' Tarik Skubal and Braves' Chris Sale win AL and NL Cy Young Awards. Royals Seth Lugo and Cole Ragans finished 2nd and 4th in the AL voting. ESPN

Geno Auriemma became the winningest basketball coach in NCAA history last night. His 1,217 wins are the most in NCAA history, women's or men's, for any division. ESPN

LPGA announces $131M in prize money for 2025 season, a 90% increase from 2021. 1440

The viral duct-taped banana art piece “Comedian” sold for $6.24 Million at Sotheby’s auction yesterday. Morning Brew

Coachella 2025 music festival includes Lady Gaga, Post Malone, Green Day, and Travis Scott. Morning Brew

Ken Griffey Jr. 55 today. 1440

The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.”

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

November 20th, 2024

Stock futures higher, interest rates higher, oil around $70 and gold around $2,635. CNBC

The Ukrainian military launched six US-supplied ballistic missiles into Russia for the first time early Tuesday. The incident came on the 1,000th day of the conflict. 1440

The U.S. closed its embassy in Kyiv on Wednesday amid rising tensions with Russia. CNBC
NY City declared a drought warning, its first in 22 years. Mayor Adams elevated a drought watch issued on Nov. 2, citing the city’s longest rainless streak in recorded history. CNBC
Two undersea cables in the Baltic Sea have been damaged, raising suspicions of foul play. 1440

Major storm expected in N California and Pacific Northwest as atmospheric rivers are expected to combine with bomb cyclone to bring heavy rainfall, flash flooding 1440

Manhattan District Attorney Alvin Bragg agrees to postpone sentencing in Trump hush money case. 1440

SpaceX makes sixth test launch of its massive Starship space vehicle; skips second attempt at a "chopstick" catch of the Super Heavy rocket booster using giant mechanical arms. 1440

Nvidia reports earnings after the close. CNBC

Comcast to spinoff of its cable networks, including CNBC, MSNBC and E!. The spinoff is expected to take about a year. CNBC

Blackstone buying a majority stake in Jersey Mike’s Subs, valuing the second-largest US sandwich chain—behind only Subway—at $8 billion. CNBC

Delta will serve Shake Shack burgers on select flights starting in December. Morning Brew

Microsoft announced an AI interpreter for Teams meetings that can simulate speakers’ voices in nine different languages. Morning Brew

Next month, Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean. The Treasure, which is 221 feet tall and 1,119 feet long, can carry 4,000 passengers and 1,555 crew members. CNBC

Justice Department will reportedly ask federal judge to force Google to sell Chrome. CNBC

Celtics beat Cavaliers to hand the Cavs their first loss and halt their historic 15-0 start. The Warriors have the record at 24 wins to start a season. CNBC

Rafael Nadal plays in last match of his more than 20 year career as Spain loses to the Netherlands in the Davis Cup quarterfinals. ESPN

Katie Taylor-Amanda Serrano boxing match brought in 74 million live viewers; now the most-watched professional women's sporting event in US history. 1440

Actress Bo Derek 68 today. 1440


The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.


Charles L Schorgl, Jr.
Managing Partner - Financial Advisor

November 19th, 2024

Stock futures lower this morning, interest rates slightly lower with the 10 year US treasury yield around 4.36%, oil little changed at $68.83 and gold higher at $2,637. CNBC

A new survey found that influencers have, to an extent, replaced mainstream media. About 21% of US adults—and nearly 40% of adults under 30—now get their news from individual creators, according to a Pew report which analyzed 10,000 adults. Morning Brew

New York City’s transit authority voted 12-1 yesterday to approve a first-in-the-nation daily toll on vehicles entering Manhattan's central business district, starting around Jan. 5. The revised proposal is expected to generate $15B to help modernize the city's 120-year-old transit system. 1440

The number of Americans age 60 and older who lose $100,000 or more to fraud each year has more than tripled since 2020, according to the Federal Trade Commission. CNBC

At least one person is dead following an E. coli outbreak linked to organic carrots from grocery stores; at least 39 cases have been reported across 18 states so far, with 15 people hospitalized. USA Today

Boeing will lay off more than 2,000 workers in Oregon and Washington next month as part of broader plan to cut 17,000 jobs, or roughly 10% of its global workforce. 1440

Warner Brothers ended its lawsuit against the NBA and agreed to license TNT’s “Inside the NBA” to Disney. Axios

Netflix said it’s technical issues during the Mike Tyson – Jake Paul fight were due to the “unprecedented scale” of viewership, according to CEO Elizabeth Stone. Axios

Nike and Hasbro announced an exclusive LeBron 22 Monopoly game set. Axios

Brazil hosts annual G20 summit this week in Rio de Janeiro, the first to be held in South America's largest economy; early discussions center around Ukraine, China, and Trump. 1440

Authorities declared a medical emergency in India's capital, New Delhi, as toxic smog clouds northern parts of the country. The air pollution is 50 times greater than the WHO’s recommended safe limit. Morning Brew

Pittsburgh Pirates' Paul Skenes and New York Yankees' Luis Gil win the MLB's National and American League Rookie of the Year awards. MLB

The Houston Texans defeated the Dallas Cowboys, 34-10 at AT&T Stadium for the first time in franchise history Monday. ESPN

San Francisco 49ers put QB Brock Purdy on injury list yesterday. Purdy is dealing with soreness in his right (throwing) shoulder. ESPN

Beyoncé will perform at halftime at the Baltimore Ravens versus the Houston Texans on Christmas Day, available on Netflix. 1440

Fat tissue cells keep a "memory" of obesity after dieting, with long-lasting changes to gene function, a new study finds. The study may help explain why many people struggle to sustain long-term weight loss. 1440

Yesterday at 1:27pm, the sun set in Utqiagvik, Alaska, 330 miles north of the Artic Circle. The sun won’t rise again until January 22nd, 2025. That’s 64 days of what residents call the “polar night.” Morning Brew


The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.


Leslie Darrington
Managing Partner, Financial Advisor

 

November 18th, 2024

Stock futures mixed, interest rates higher, oil around $67.5, and gold around $2,600. CNBC

President Biden approves Ukrainian use of US-made long-range weapons into Russia in policy reversal. 1440

Russia launches 120 missiles, 90 drones into Ukraine in attack on country's power grid. 1440

India successfully tested its first long-range hypersonic missile. Hypersonic missiles can fly at more than 5 times the speed of sound—more than 3,000 miles per hour—and have a range of over 930 miles. India joins US, Russia, and China in demonstrating hypersonic capabilities. 1440

Top world leaders will meet in Rio de Janeiro for a two-day G20 summit. Morning Brew

The Exploration Company, European competitor to SpaceX, announces it has raised $160M to develop Nyx, its reusable space capsule. 1440

Spirit Airlines has filed for bankruptcy protection. The airline said it expects to continue operating and said customers can book tickets. CNBC

Southwest Airlines said a bullet struck one of its planes preparing to take off from Dallas Love Field Airport, forcing the flight to be canceled. Morning Brew

Chiefs lose at Buffalo for first loss of year. The Chiefs winning streak lasted 328 days. At Carolina next Sunday. ESPN

KU wins at #6 BYU, Mizzou gives up late TD to lose at S Carolina, and KST loses at home to Az St. Colorado at Arrowhead on Saturday vs Jayhawks. ESPN

Oregon, Indiana and Army the only undefeated college football teams. Yahoo

Cleveland Cavaliers only 4th NBA team to start 15-0. Yahoo

Orlando beat Kansas City to advance to NWSL championship game. Yahoo

Netflix hauls in 60 million households for Friday night's Mike Tyson-Jake Paul fight. ESPN

Beyoncé expected to perform at the halftime show for the Christmas Day matchup between the Houston Texans and Baltimore Ravens, which will be streaming on Netflix. CNBC

A report from the Harvard Crimson discovered that one in 11 Harvard students has come from just 21 US high schools since 2009. Morning Brew

Miss Denmark Victoria Kjaer Theilvig crowned 2024 Miss Universe. 1440

US Postal Service to honor actress Betty White and musician Allen Toussaint with postage stamps in 2025. 1440
The report herein is not a complete analysis of every material fact in respect to any company, industry or security. The opinions expressed here reflect the judgment of the author as of the date of the report and are subject to change without notice. Any market prices are only indications of market values and are subject to change. The information contained herein is based on technical and/or fundamental market analysis and may be based on data obtained from recognizable statistical services, issuer reports or communications or other sources believed to be reliable. However, such information has not been verified by us, and we do not make any representations as to its accuracy or completeness. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.

Charles L Schorgl, Jr.
Managing Partner - Financial Advisor