Before the Bell and Stock to Watch Thursday, September 24th

Good morning. In today’s newsletter Wall Street Before the Bell:

European stocks slide after Wall Street sell-off and new curbs in France  

ByteDance applies for tech export license in China amid TikTok deal talks  

 Electric vehicle charging network ChargePoint to go public at $2.4 billion valuation  


  • 8:30 a.m. ET:  Initial jobless claims, week ended September 19 (840,000 expected, 860,000 during prior week)

  • 8:30 a.m. ET:  Continuing claims, week ended September 12 (12.275 expected, 12.628 million during prior week)

  • 10:00 a.m. ET: New home sales, August (890,000 expected, 901,000 in July)

  • 11:00 a.m. ET: Kansas City Fed Manufacturing Activity Index, September  (14 expected, 14 in August)


  • Nikola (NASDAQ:NKLA) analyst at Wedbush turns bearish.


  • Today’s Markets

    In Asia, Japan -1.4%. Hong Kong -1.9%. China -1.7%. India -3%.
    In Europe, at midday, London -0.6%. Paris -0.1%. Frankfurt +0.1%.
    Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.7%. Crude +0.1% to $39.95. Gold -0.8% to $1857.50. Bitcoin -1.4% to $10338.
    Ten-year Treasury Yield flat at 0.67%



  • 6:50 a.m. ET:  CarMax (KMX) is expected to report adjusted earnings of $1.08 per share on revenue of $5.21 billion

  • 7:00 a.m. ET:  Darden Restaurants (DRI) is expected to report adjusted earnings of 5 cents per share on revenue of $1.56 billion


  • 4:05 p.m. ET:  Vail Resorts (MTN) is expected to report an adjusted loss of $3.44 per share on revenue of $136.55 million

  • 4:15 p.m. ET:  Costco (COST) is expected to report adjusted earnings of $2.84 per share on revenue of $52.23 billion

After the Closing Bell Report: Stocks to Watch September 23, 2020

Walmart Is Piloting Drone Delivery in North Carolina

Can Facebook pull the trigger on 40 million Europeans?

Why is Groupon Stock a Buy?

EX-Wife of Amazon Jeff Bezos Mackenzie Scott is Now the World’s Richest Woman.



Comments is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

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