Weekly Points – 5 Things To Know In Investing This Week
Portfolio Pulse from Gary Brode
The stock market is falling with the S&P 500 down more than 10% from its 2023 high due to inflation and government spending. Despite financial issues in China, Macau visitation is back at 2019 levels, which is positive for Las Vegas Sands ($LVS). Bank ETFs are predicting more bank failures, with the KBW Bank ETF ($KBWB) falling from $46 to $36. Gold and Bitcoin are rising while Treasuries are falling. 3Q GDP is up 4.9%, but this is seen as misleading. Coursera ($COUR) has had a great quarter, but its guidance is still conservative.
November 01, 2023 | 5:18 pm
News sentiment analysis
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POSITIVE IMPACT
Coursera has had a great quarter, but its guidance is still conservative.
Despite conservative guidance, Coursera has shown strong growth in the quarter, indicating a positive outlook for the company.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Macau visitation is back at 2019 levels, which is positive for Las Vegas Sands.
The return of visitation to Macau, the gaming capital of the world, is a positive sign for Las Vegas Sands, which has a significant presence in the region.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Bank ETFs are predicting more bank failures, with the KBW Bank ETF falling from $46 to $36.
The fall in the KBW Bank ETF indicates a negative sentiment towards the banking sector, predicting more bank failures.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90