A Different Black Friday ūü¶†

ūü¶†¬† Omicron variant fears.¬†New¬†#COVID19¬†variant Omicron surging in South Africa has countries globally restricting travel again. Still a lot unknown about the new variant, but rampant speculation and thinly traded Black Friday sent markets nose-diving. S&P 500 fell over -2%.¬†#COVIDRecovery¬†names hit hard, but¬†#RevengeTravel¬†including hotels and airlines decimated. ūüŹ¶¬† Powell renominated.¬†Overshadowed by Omicron, Biden renominated Fed Chair Read More

Strong Retail Demand ūüõć

ūüõ欆 Strong retail spending.¬†Retail¬†#earnings¬†were strong highlighting¬†#COVIDRecovery¬†consumer demand remains intact despite¬†#InflationFears. However,¬†#SupplyScare¬†issues remain heading into Q4. Consumer up +4% for week. ūü¶†¬† 4th Wave?¬†#COVID19¬†resurgence in Europe as rising case has Austria mandating 20-day lockdown and Germany not ruling out potential lockdown either. Even¬†¬†cases troughed weeks ago and rising again. Volatile market as¬†#COVIDRecovery¬†keeps starting and stopping. ÔłŹūüíł¬† Read More

How the Supply Chain is Stealing Christmas ūüéĄ

Market Musings 11/3/2021 Quick thoughts on the markets and major portfolio news. Not on Ursa yet? Download Ursa from the App Store! We expect supply chain improvement starting early next year, but unfortunately, #SupplyScare is likely peaking in the all-important Q4 holiday season. It was a recurring theme this #earnings season. Company after company reported Read More

Supply Scare ūüĎĽ

ūüöʬ† Supply shortages.¬†#SupplyScare¬†has companies scrambling to build and ship products. Component shortages, labor shortages, rising fuel costs and delayed logistics all compounding the issue. Not boding well for Q4¬†ūü饬†season. ‚öĺÔłŹ¬† Revenue strikes out.¬†Revenue missing Street expectations is a recurring theme this¬†#earnings¬†season.¬†#COVIDRecovery¬†demand seems to be there, but companies can’t produce enough product due to¬†#SupplyScare¬†issues. ūüíł¬† Yields Read More