Podcast EP 40 Window Dressing (Aug 30)

Podcast Available on Spotify | Apple Podcast | Amazon Music Follow on Substack Notes Referral Program for existing Subscribers * When you use the “Refer a friend” link below or the “Share” button on any post, you’ll get credit for any new subscribers. Here is the link you can copy and paste into any email, text or social media platform: “https://nyugrad.substack.com?r=1ec55c” * Once I launch a paywall, your referral credits earned will be retroactive immediately Show Notes Summary of the day Not much changed Shout out to Low volume day. Felt like a holiday. This week is heading into a long weekend and end of month. Look at the volume spike at end of session. Paint the tape defined. Breadth * 215 new highs * 103 new lows * 56% advancing 39% declining * 54% below 50 day ma Stuck out Alert for Subscribers…$KVYO Klaviyo IPO registration could be promising. I cannot stand marketing automation. Customer engagement should not be automated whether b2b or b2c. But Klaviyo files to go public in latest sign of life for IPO market. $585M ARR and a small $15M burn! linkedin.com/posts/edchiu_ceo-startups-… Home Builders up thx to $HOV up 15% on earnings. Raised guidance. K Hovnanian raised guidance and said expects 20% growth in eps. Sales trends 1H exceeds even the years prior to Covid. (Maybe she has a take on this bullishness?) Slides: https://khov.gcs-web.com/static-files/803492fe-b081-40cc-99df-747300a67418 Vegas Reid airport sees record number of June passengers; Southwest leads way And their casinos broke records. The state’s 439 licensed casinos won $1.404 billion from players in July, a 6.7 percent increase over a year ago when there were 453 casinos operating. Strong Builders up thx to $HOV up 15% on earnings. Raised guidance. Lyft and uber up Weak Vin Fast Auto VFS down 10% Yields Volatility What to watch Watch mag 7 Watch yields Florida gulf coast hurricane Idalia Crypto (are animal spirits alive?) Economic data https://www.marketwatch.com/economy-politics/calendar Thanks for reading NYUGrad Stocks and Finance! Subscribe for free to receive new posts and support my work. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.notyouradvisor.com/subscribe