Daily Alpha · YouTube
· Post-Market Alpha · by Buzzberg Research
Who was talking 60 videos · 13 channels
Oil & diesel
1 video · 2h 24mBrent broke $100 and diesel hit record; refining capacity is the limiting factor.
Diesel is tightest energy market due to refining capacity damage
Goldman Sachs' Samantha Dart states diesel is the tightest market because of damage to refining capacity in the Middle East and Russia, low stocks, and lack of China buffer, leading to higher diesel prices.
Treasury buyback
1 video · 1mTreasury expanded buyback to $6B but 10Y yields rose; market sees rate management.
Market views Treasury buyback as rate manipulation, not liquidity operation
Bloomberg's Michael McKee reports that while the Treasury officially cites liquidity needs for off-the-run Treasuries, the market believes the ramping up of the buyback to $6 billion from $2 billion is really about trying to bring down rates.
Apple event
1 video · 1mFoldable iPhone Duo launched at $1,999; stock sold the news.
Apple's iPhone Duo launch details and market reaction
Apple announced the foldable iPhone Duo at $1,999, with preorders October 16 and launch October 23. The stock saw a sell-the-news reaction, down about 1%.
Anthropic's IPO faces unprecedented risk-factor questions
Anthropic is actively in an IPO process with the SEC, and there is debate over how existential risks would be disclosed in its S-1. The IPO is considered unprecedented in many ways.
Yoo Chang-hee bullish on KOSPI to 2,750 and SK hynix to 220,000 won by October
Yoo Chang-hee maintains KOSPI target of 2,750 and SK hynix target of 220,000 won by late October, citing semiconductor turn and improved supply-demand from retail selling.