Despite a downbeat month for stocks and mounting macroeconomic uncertainty, several Club names outperformed the market in October — and landed in the green. While the S & P 500 had its third consecutive down month — weighed down in part by soaring yields on government bonds and a mixed start to third-quarter earnings season — we held our conviction on certain names and put cash to work as our discipline mandates. Indeed, we made four small buys last week amid an oversold market.
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 26, 2023.Despite a downbeat month for stocks and mounting macroeconomic uncertainty, several Club names outperformed the market in October — and landed in the green.
Netflix, Microsoft: Here Are the Top and Bottom Stock Performers for October.Microsoft leads the Dow as the index’s best performing stock this month while Chevron is its worst performer. Read more ⮕
Today in History: October 30, Muhammad Ali knocks out George Foreman in ‘Rumble in the Jungle’On Oct. 30, 1974, Muhammad Ali knocked out George Foreman in the eighth round of a 15-round bout in Kinshasa, Zaire, known as the “Rumble in the Jungle,” to regain his world heavyweight title Read more ⮕
Significant changes as October endsThe season’s first frost and freeze are likely in most locations this week. Read more ⮕
October 30 morning weather updateThe inside scoop on D.C. weather Read more ⮕
The Hunters Hunted in The Daily LITG, 30th October 2023The Hunters from Jimmy Palmiotti, Chad Hardin and Amanda Conner topped the charts yesterday. No matter what the world throws at you, at Bleeding Cool, you can still read all about comics, merch, TV shows, games, movies, and more. Read more ⮕
GBP/USD: October low of 1.2037 will be the key support levelEconomists at MUFG Bank analyze GBP outlook ahead of the BoE announcement on Thursday. Read more ⮕