AEX Market Index Update: Wall Street Rises, ABN Amro Reports Strong Q3, Ahold Delhaize Under Pressure

The AEX indication is -0.4%, after Wall Street rose yesterday for the seventh day in a row.

We do it with figures from ABN Amro and Ahold Delhaize and we wait for Adyen’s strategy update. AMG has also been announced, or is that after hours? Furthermore, there are many figures and macros, but none that are crucial. After Wall Street trading, Robinhood -8.3% on figures and Rivian +4.5% on production increase.

European futures open -0.2% to -0.5% The American futures are -0.1% to -0.2% In Asia, all markets except India and Taiwan turn red, with Korea as an outlier with -0.9% Alibaba -0.9% Tencent +0.1% TSMC +0.2% Samsung -1.4% The volatility (CBOE VIX Index) is -0.5% at 14.8 and the BofA MOVE Index (bonds) is – 1.4% at 120.1 The dollar rises 0.2% to 1.0686 Gold and oil gain exactly 0.1% and crypto loses a few tenths. Bitcoin is now at $35,217.07

The EU interest rates start quietly, but the American interest rates rise by four basis points.

Pssst, maybe you should draw a line on the graph of the Nasdaq 100. Is the index technically breaking out? The S&P 500 is slightly less advanced and this also applies to the early cycle semiconductor index SOX. Would that be a typical stock market? Just misery in the newspapers and pouring from the sky and then simply rising.

It is always wise to take a look at the neighbors and yes, who knows, the American (ten-year) interest rate may have reached its peak (for the time being).

Is the AEX not quite ready for it yet? Here versus our ten year rate.

ABN Amro delivers excellent Q3s, (much) better than expected on almost all points and only €21 million went into the straw fund. Don’t expect to be rich right away, because ING went down last week on much better than expected figures. Because it can hardly get better than now and more beautiful than this with the current economy?

You can always joke around in this morning call. Good work CNBC, not. Bannerman sounds a lot more powerful, doesn’t it?

Neat figures #ABN Amro. And so CFO Vaandrager had an easy time at CNBC. The channel had a more difficult time, with the spelling of its name… pic.twitter.com/jY4YG3ypTA

— Durk Veenstra (@durkveenstra) November 8, 2023

Ahold Delhaize does not meet analyst expectations with its Q3s, everything is under pressure. Also the margins, but you see the headline, the free cash flow must save the furniture.

One more thing, a Microsoft closed yesterday at an all-time high, perhaps this is exemplary for the stock market this year. Difficult markets, but Big Tech is pushing ahead, mainly on AI fantasy. This has been indexed and grossly reinvested since Satya Nadella became CEO.

News, advice, shorts and agenda

The most important ABM Financial news since the Amsterdam close yesterday.

08:11 German inflation confirmed in October 08:09 Ahold Delhaize turnover and margin under pressure 07:38 Siemens Healthineers achieves outlook net 07:36 CTP finds new tenant in Heineken 07:26 ABN AMRO profit increase much stronger than expected 06:57 European stock exchanges open lower 06:52 Small losses on Asian stock markets 06:44 Stock market agenda: macroeconomic 06:43 Stock market agenda: Dutch companies 06:43 Stock market agenda: foreign funds 07 Nov Rivian increases production target 07 Nov Stock market update: AEX on Wall Street 07 Nov Wall Street closes with profit 07 Nov Oil price falls sharply 07 Nov CEO Marel resigns immediately 07 Nov Wall Street rises again 07 Nov European stock markets close lower 07 Nov Stock market view OCI remains worth buying after quarterly figures

The AFM reports this shorts:

There are fewer, not more:

From the agenda:

00:00 Adyen – Investors Day
07:00 ABN AMRO – Third quarter figures
07:00 Ahold Delhaize – Third quarter figures
6:00 PM AMG – Third quarter figures
6:00 PM Euronext – Third quarter figures

07:00 Adidas – Third quarter figures (Dld)
07:00 Airbus – Third quarter figures (Fra)
07:00 Bayer – Third quarter figures (Germany)
07:00 Commerzbank – Third quarter figures (Dld)
07:00 Credit Agricole – Third quarter figures (Fra)
07:00 E.ON – Third quarter figures (Dld)
07:00 Siemens Healthineers – Annual figures (Dld)
10:00 PM AMC Entertainment – Third Quarter Figures (US)
10:00 PM Disney – Fourth Quarter Figures (US)
10:00 PM Lyft – Third Quarter Numbers (US)

08:00 Inflation – October final (Gld)
11:00 Retail Sales – September (eur)
1:00 PM Mortgage Applications – Weekly (US)
4:00 PM Wholesale Stocks – September (US)

Finch:

And then this

The retrospective:

Dow Jones +0,2%
S&P 500 +0,3%
Nasdaq Composite +0,9%
Nasdaq 100 +0,9%
Russell 2000 -0,3%
SOX +0,8%
Nasdaq China Golden Dragon Index +0,9%

US stocks recorded their longest winning streak in two years, as a retreat in US Treasury yields boosted megacap growth stocks while investors sought more clarity on interest rates from the Federal Reserve pic.twitter.com/BoXdenlpzm

— Reuters Business (@ReutersBiz) November 8, 2023

Shh…

It’s still three months away from the Year of the Dragon, but Chinese investors are already jumping into stocks carrying the name of the auspicious mythical creature

— Bloomberg Markets (@markets) November 8, 2023

Malaise:

Europe’s economy is unlikely to crash — even as a more-than yearlong bout of interest-rate increases tames inflation, according to the IMF

— Bloomberg Markets (@markets) November 8, 2023

Here’s our preview:

Investors are demanding a clear blueprint for how Dutch payments fintech can get its mojo back

— Bloomberg Markets (@markets) November 8, 2023

Once again, here’s our story:

WATCH: Chinese tech giant Baidu ordered artificial intelligence chips from Huawei this year, in what could mark a significant industry shift away from supplier Nvidia pic.twitter.com/99eFzY9LkL

— Reuters Business (@ReutersBiz) November 8, 2023

This giant:

Saudi Aramco announced a 23% fall in third-quarter net profit for the three months ending September 30, joining the likes of Chevron and Exxon Mobil in reporting sharp year-on-year falls in Q3 profits as energy prices cooled
Read more: pic.twitter.com/fLIhYS9vwc

— Reuters Business (@ReutersBiz) November 8, 2023

Have fun and good luck today.

2023-11-08 07:27:29
#Red #market #big #names #bull #secretly #rising #days #IEX.nl