Liveblog Archief dinsdag 10 november 2020

TOP NEWS
• EU charges Amazon with distorting online retail competition
EU regulators charged Amazon with distorting competition in online retail and opened a second investigation into its business practices, as antitrust chief Margrethe Vestager takes aim at another U.S. technology giant.

• Trump mounts legal assault as Barr authorizes probes of vote irregularities
President Donald Trump will push ahead with legal challenges to the results of last week's election after U.S. Attorney General William Barr told federal prosecutors to look into any "substantial" allegations of voting irregularities.

• Germany expects EU to sign supply deal for BioNTech-Pfizer vaccine soon
German Health Minister Jens Spahn expects the European Commision to sign a purchase agreement with BioNTech and its partner Pfizer for its potential vaccine against COVID-19 "in the coming days."

• Apple to unveil Macs with their own processors, widening its app ecosystem
Apple on Tuesday is expected to introduce Mac computers with its own processor chips, marking the start of its move away from Intel’s chips.

• FAA in final stages of Boeing 737 MAX review; could approve as early as Nov. 18
The U.S. Federal Aviation Administration is in the final stages of reviewing proposed changes to Boeing's 737 MAX and expects to complete the process in the "coming days," the agency's chief told Reuters.


BEFORE THE BELL
Futures tied to the S&P 500 were little changed in choppy trading following a sharp rally on coronavirus vaccine optimism while concerns over the pace of economic recovery from the widespread damage caused by the pandemic lingered. European equities hovered at eight-month highs and Asian share markets mostly rose. The dollar index and gold prices were in the green. Oil gained as vaccine hopes outweighed the expected impact on fuel demand due to new lockdowns.


STOCKS TO WATCH

Results
• BRF SA (BRFS). The Brazilian food processor turned a third-quarter profit driven by a strong performance in its home market, slightly beating expectations, according to a securities filing on Monday. BRF said it earned 218.7 million reais, versus analysts' average estimate of 203.15 million reais. Net revenue rose 17.5% to 9.9 billion reais, as the company increased the average price of its products. Sales volume of processed foods and meats rose 0.7% in the quarter, to a 1.1 million tonnes, it added. BRF, the world's largest chicken exporter, derived more than half its sales from Brazil, where net revenue rose almost 21%.

• D.R. Horton Inc (DHI). The company forecast 2021 home sales above estimates and reported better-than-expected quarterly profit as low mortgage rates boosted demand, especially in the suburbs that became more attractive with many companies allowing work from home. D.R. Horton said it expects home sales in fiscal year 2021 to be between 77,000 and 80,000 units, compared with analysts' average estimate of 75,981. Net income attributable to the company rose to $829 million, or $2.24 per share, in the fourth quarter ended Sept. 30, from $505.3 million, or $1.35 per share, a year earlier. Analysts on average had expected a profit of $1.76 per share. The company's orders, an indicator of future sales, rose 81% to 23,726 homes, beating Wall Street's estimate of 16,668 units. Total revenue rose 27% to $6.40 billion.

• Nikola Corp (NKLA). The electric and hydrogen truck startup said its deal with General Motors has not closed, and the startup is continuing discussions with the automaker. The company, which also posted a smaller-than-expected loss for the third quarter, said it will provide further updates on the deal when appropriate or required. Shares of Nikola were up 1.7% in after-hours trading. GM said last week it remained in talks with Nikola, but a deal had not been finalized. If a deal is not closed by Dec. 3, either side can terminate. Excluding items, Nikola posted a loss of 16 cents per share, while analysts were expecting a loss of 20 cents. Nikola also said it remained committed to its goal for the rollout of hydrogen refueling stations. Chief Executive Mark Russell said he was confident Nikola would close a deal by year-end with an energy partner.

• Norwegian Cruise Line Holdings Ltd (NCLH). The cruise operator reported its third straight quarterly loss on Monday, as the COVID-19 pandemic brought the cruise industry to a standstill. Norwegian recorded net loss of $677.4 million, or $2.50 per share, in the third quarter ended Sept. 30, compared with a profit of $450.6 million, or $2.09 per share, a year earlier. Total revenue plummeted to $6.5 million from $1.91 billion last year. Analysts on average were expecting revenue of $10.6 million. Shares of Norwegian, which expects to post a loss in the fourth quarter, fell in extended trading.

• Occidental Petroleum Corp (OXY). The oil and gas producer posted a bigger-than-expected quarterly loss on Monday, as it reeled from a plunge in crude prices due to the COVID-19 crisis. The company said its total long-term net debt stood at $35.9 billion at September-end, slightly lower than $36.03 billion at the end of June. The average price for the company's crude oil plunged about 31.5% to $38.67 per barrel in the third quarter, while worldwide production from continuing operations rose 11.2% to 1.24 million barrels of oil equivalent per day (boepd). Occidental said it expects production in the current quarter to be between 1.1 million boepd and 1.16 boepd, and reiterated its full-year spending plan of $2.4 billion to $2.6 billion. On an adjusted basis, the company lost 84 cents per share, while analysts had expected a 72 cent loss.

• Simon Property Group Inc (SPG). The mall operator on Monday missed quarterly estimates for earnings and lease income, as retailers ravaged by the COVID-19 pandemic shut stores, paid lower rents or delayed payments. "We still have some unresolved amounts with certain larger national tenants who unfortunately are refusing to pay their contractual rent even though they are open and operating," Chief Executive Officer David Simon told analysts. Simon said the leasing environment was improving, with the mall operator signing long-term and pop-up lease deals with leading brands, including names like Prada, Ferrari and UGG. For the third quarter, however, mall and premium outlet occupancy was 91.4%, down from 92.9% recorded in the previous quarter, largely due to bankruptcies of some of its biggest tenants. Lease income fell about 24% to $993.8 million, compared with the estimate of $1.08 billion. Funds from operations was at $2.05 per share, well below the estimate of $2.28.

• XP Inc (XP). The Brazilian broker’s third-quarter net income more than doubled, and the company said on Monday it plans to expand its advisers' network to take on traditional banks. Adjusted net income surged to 570 million reais in the third quarter, from 261 million reais a year earlier, XP said. The brokerage's total number of active clients rose 12% in the quarter, to 2.6 million, while assets under custody grew by 29% to 563 billion reais. Besides retail investors, XP started to attract more high net worth individuals, boosting its assets under custody. Still, adjusted net margin came in at 27.1%, down 2.3 percentage points from the previous quarter, hit by investments in technology, it said.

Deals Of The Day
• Adobe Inc (ADBE). The photoshop maker said on Monday it would buy Workfront, a work management platform for marketers, for $1.5 billion to help its customers collaborate better at a time when millions are forced to work from home. Workfront, which has more than 3,000 customers and one million users, helps companies manage content, plan and track marketing campaigns as they attempt to keep productivity levels up with most of their employees working remotely. Both companies are longstanding partners and already have over 1,000 shared customers. Upon close, Workfront Chief Executive Officer Alex Shootman will continue to lead the Workfront team, Adobe said in a statement. The deal is expected to close during Adobe's first quarter of fiscal 2021.

In Other News
• Alibaba Group Holding Ltd (BABA) & JD.com Inc (JD). China published draft rules aimed at preventing monopolistic behaviour by internet platforms, a move that will increase scrutiny on e-commerce marketplaces and payment services belonging to the likes of Alibaba. China's State Administration for Market Regulation (SAMR), which issued the draft, said it wanted to prevent platforms from dominating the market or from adopting methods aimed at blocking fair competition. The definitions it provided for internet platforms mean the new rules could apply to e-commerce sites such as Alibaba's Taobao and Tmall marketplaces or JD.com and payment services like Ant Group's Alipay or Tencent's WeChat Pay. Food delivery platforms like Meituan could also be included. The draft rules would also consider whether a transaction treats different customers in different ways based on big data, payment ability, consumption preferences, and usage habits.

• Alphabet Inc (GOOGL). A U.S. judge said he will consider arguments in a disputed order related to the protection of confidential information in the Justice Department's antitrust lawsuit filed against Google. U.S. District Judge Amit Mehta directed the government and Google to file by Friday "position statements outlining their respective positions on the disputed terms of a protective order." The two sides said on Friday they had failed to reach an agreement on how to protect confidential information that was given to the government by third parties. Meanwhile, French technology firm OVH said it is partnering with Google to build up its capacities in cloud computing, leaning on the U.S. giant's technology to speed up a push towards developing a European contender in the area.

• Amazon.com Inc (AMZN). EU regulators charged the company with distorting competition in online retail and opened a second investigation into its business practices, as antitrust chief Margrethe Vestager takes aim at another U.S. technology giant. "We must ensure that dual-role platforms with market power, such as Amazon, do not distort competition," said Vestager, the EU's competition commissioner, has a reputation of being one of the world's toughest antitrust regulators. "Data on the activity of third-party sellers should not be used to the benefit of Amazon when it act as a competitor to these sellers. The conditions of competition on the Amazon platform must also be fair." The second investigation is into the possible preferential treatment of Amazon's own retail offers and those of marketplace sellers that use Amazon's logistics and delivery services. Amazon disagreed with the EU charges.

• Apple Inc (AAPL). The company on Tuesday is expected to introduce Mac computers with its own processor chips, marking the start of its move away from Intel's chips. The new chips, which will be unveiled in a webcast event, will make it far easier for the millions of apps currently available for iPhones to migrate to Macs, which have been overshadowed by smart phones. The new "Apple Silicon" chips will mark a departure from Intel, whose chips Apple has used since 2006, when it successfully transitioned away from chips made by International Business Machines. Power efficiency - that is, getting the most computing done per watt of energy consumed - is one of Apple's key aims. "Normally, to get more performance you have to consume more power," Johny Srouji, Apple's senior vice president of hardware technologies, said at an event announcing the chips in June. "Our plan is to give the Mac a much higher level of performance, while at the same time consuming less power."

• Arcturus Therapeutics Holdings Inc (ARCT). The biotech firm said it expects to start distributing its COVID-19 vaccine candidate in the first quarter of next year after early stage trials showed promising results. The firm said in a statement on Monday it had struck supply deals with Israel and Singapore - where it is working on the vaccine with a university and has been conducting trials - and was urgently working to start later stage trials. Arcturus added in its statement that its ARCT-021 candidate has been generally well tolerated in trials so far.

• Beyond Meat Inc (BYND). Pizza Hut launched two pizzas with the plant-based meat maker’s sausage in the United States and the United Kingdom for a limited time, taking advantage of the consumer craze for plant-based meat options during the COVID-19 pandemic. Pizza Hut said it would offer Beyond meat's faux meat sausages as a 1-topping option on the Beyond Italian Sausage Pizza and as a special recipe in another pizza, The Great Beyond Pizza, across U.S. stores and some Pizza Hut Express stores from Nov. 10, until supplies last.

• Boeing Co (BA). The U.S. Federal Aviation Administration is in the final stages of reviewing proposed changes to Boeing's 737 MAX and expects to complete the process in the "coming days," the agency's chief told Reuters on Monday. Three sources briefed on the matter told Reuters the FAA is set to lift its grounding order on the plane as early as Nov 18. FAA Administrator Steve Dickson told Reuters in a statement that he expects "this process will be finished in the coming days, once the agency is satisfied that Boeing has addressed" safety issues involved in two fatal crashes that killed 346 people. The FAA decision comes as other global regulators are also moving closer to decisions on allowing the plane to again resume flights and could approve the MAX around the time U.S. regulators act, the sources said. "The FAA continues to engage with aviation authorities around the world as they prepare to validate our certification decision," Dickson said.

• Eli Lilly & Co (LLY). U.S. regulators on Monday authorized emergency use of the first experimental antibody drug for COVID-19 in patients who are not hospitalized but are at risk of serious illness because of their age or other conditions. The Food and Drug Administration (FDA) granted emergency use authorization (EUA) to Lilly’s bamlanivimab based on trial data showing that a one-time infusion of the treatment reduced the need for hospitalization or emergency room visits in high-risk COVID-19 patients. The FDA said Lilly's antibody can be used for anyone over the age of 65 who is recently diagnosed with mild-to-moderate COVID-19 and for patients age 12 and older who have an underlying health condition putting them at risk for serious illness. Lilly said it will begin shipping bamlanivimab immediately through distributor AmerisourceBergen, but regional allocations of the drug will be determined by the federal government.

• Equitrans Midstream Corp (ETRN). A U.S. federal appeals court on Monday issued a stay of key water crossing permits needed to complete construction of the company’s 300-mile Mountain Valley natural gas pipeline in two states. The permits issued by the U.S. Army Corps of Engineers in September were challenged by seven environmental groups including Center for Biological Diversity and Sierra Club. The stay will remain in effect until the 4th Circuit Court of Appeals in Virginia rules on the groups' petition to overturn the water permits. The green groups argued that construction of the pipeline would harm aquatic life by crossing streams and rivers in West Virginia and Virginia. In an emailed statement, Equitrans spokeswoman Natalie Cox said the company was disappointed with the decision but was continuing work on parts of the project unaffected by the water crossing permits.

• Harley-Davidson Inc (HOG). Dealers in India for Harley-Davidson said they are exploring legal action against the iconic American motorcycle brand after it effectively exited the market as part of a broader restructuring plan. A number of dealers have hired leading Indian law firm AZB & Partners to review their paperwork with Harley-Davidson and suggest if there is a legal remedy, Rishi Aggarwal, a dealer for the motorcycle company, told reporters. "Harley has to compensate us for our losses. That is the only bone of contention. AZB is studying the case," he said during a press conference organised by The Federation of Automobile Dealers Association (FADA) in India.

• Inovio Pharmaceuticals Inc (INO). The company said it expects the U.S. Food and Drug Administration to decide this month whether to allow an advanced trial of it's experimental COVID-19 vaccine to move forward. The regulatory agency in September placed a hold on the mid- to late-stage trial, citing the need for more information on the device used to inject the vaccine. Inovio said it provided responses to the FDA's questions in October. Inovio Chief Executive Joseph Kim called Pfizer's trial data "great proof of concept" for the field and validation of vaccine work by Inovio and others. It is going to take "muliple vaccines to help the world control this virus," he said on a conference call. The CEO said the planned vaccine trial will cost "several hundred million dollars," and Inovio is confident that once the FDA lifts the clinical hold, it will be able to secure external funding.

• Lowe's Companies Inc (LOW). The home improvement retailer said it was not in talks with HD Supply Holdings to buy the construction materials supplier, denying a media report that surfaced earlier in the day. "Lowe's is not in discussions with HD Supply and we have no plans to pursue a transaction with them," the company said in a statement. Bloomberg News first reported the discussion, citing people familiar with the matter. The news sent shares of HD Supply surging after the bell, while those of Lowe's edged up too. The report also noted it was unclear if HD Supply was talking to other suitors. HD Supply did not immediately respond to Reuters' requests for comment.

• Microsoft Corp (MSFT). The company launched two models of its Xbox gaming console, seven years after the debut of the previous version, to capture a pandemic-driven boom in consumer spending on games. The Xbox Series X - which the company has described as the "world's most powerful console" - will retail for $499.99 and a lower-priced Xbox Series S will sell for $299.99. This was the first time Microsoft launched its gaming console globally on the same day and the company said it has seen the highest preorders for Xbox consoles across various markets. While the initial supply of preorders sold out fast, Microsoft had said additional stocks would be available at launch. "There were some early supply chain issues in Q1/Q2 due to Chinese manufacturing plants shutting down due to COVID, but these have since been operating normally again," said analyst Maurice Klaehne at research firm Counterpoint.

• Netflix Inc (NFLX) & Apple Inc (AAPL). Vietnam's information minister accused foreign streaming companies like Netflix and Apple of skirting their tax responsibilities, saying it would create unfair competition for domestic firms. Foreign stream firms, which have combined revenues of nearly one trillion dong from one million subscribers, according to the information and communications ministry's calculations, have never paid tax in Vietnam. "Domestic companies have to abide by tax and content regulations while foreign firms do not, which is unfair competition," the minister, Nguyen Manh Hung, told a government meeting. "Some content on Netflix has flouted regulations related to the history and sovereignty of the country, violence, drug use, and sex," he added.

• Nvidia Corp (NVDA). The chip maker announced that Hyundai Motor Group will use the NVIDIA DRIVE in-vehicle information and entertainment system for all its Hyundai, Kia, and Genesis models from 2022. Nvidia said the luxury vehicle division of Hyundai, Genesis, already uses NVIDIA DRIVE for its GV80 and G80 models. Nvidia declined to say how many vehicles NVIDIA DRIVE would be installed in, but said it is a large number and pointed to the fact that in 2019 Hyundai Motor Group shipped over 7 million vehicles. Nvidia said it has also been working with Mercedes-Benz, Audi and Honda on in-car entertainment and information systems.

• Pfizer Inc (PFE) & BioNTech SE (BNTX). German Health Minister Jens Spahn expects the European Commision to sign a purchase agreement with BioNTech and its partner Pfizer for its potential vaccine against COVID-19 "in the coming days." "We will now bring this to a speedy conclusion," Spahn told a news conference in Berlin. "We expect to conclude a contract in the next few days." Spahn said he expects Germany will get up to 100 million doses of the BioNTech-Pfizer vaccine. Spahn reiterated that he does not expect the vaccine to be available before the first quarter of 2021 but added that he expected it to get approved quickly. Spahn said news about the vaccine "was a light at the end of the tunnel" and raised the hope that next winter would not be as bad as this one. Separately, Spain would get the first vaccines against COVID-19 developed by Pfizer and BioNTech in early 2021, Health Minister Salvador Illa said.

• Southwest Airlines Co (LUV). The airline is in advanced talks with Boeing and lessors to buy up to 30 737 MAX aircraft, which have lost their original buyers, Bloomberg News reported. Any of the jets that the airline accepts from storage at Boeing would replace a similar number of the 249 planes that Southwest has already ordered, the report said, citing people familiar with the matter. Boeing declined to comment on the report, while Southwest said it was working with the planemaker to refresh its order book.

• Telefonaktiebolaget LM Ericsson (ERIC). The telecom equipment maker set some new goals and maintained its 2022 operating margin target after the country's telecoms regulator halted 5G spectrum auctions. The company maintained its 2022 earnings before interest and taxes (EBIT) target of 12%-14%, excluding charges, and boosted its margin forecast from its networks business as telecom operators across the world upgrade to 5G technology. It also said it was targeting an operating margin - earnings before interest, tax, depreciation and amortisation (EBITA) - excluding restructuring charges of between 15% and 18% beyond 2022. For networks, the 2022 operating margin target was raised to 16%-18% from 15%-17%, but Ericsson reduced its margin target for its digital services business to 4%-7% from 10%-12% in 2022.

• Uber Technologies Inc (UBER). The U.S. Justice Department has cleared Uber’s acquisition of food delivery company Postmates, news website Axios reported on Monday, citing a source familiar with the matter. Uber announced in July that it would buy Postmates for $2.65 billion in an all-stock deal after its bid to acquire rival Grubhub fell apart over regulatory and other concerns.

• Walt Disney Co (DIS). The company said on Monday it was furloughing additional workers from its Disneyland theme park in Southern California, because it still does not know when the state will allow it to reopen because of the coronavirus pandemic. The number of furloughs, which include executive, salaried and hourly workers, was not known. It comes on top of the 28,000 employees who were laid off in September, mostly across Disney's U.S. theme parks, in California and Florida. The furloughs was announced in a memo to staff from Disneyland Resort President Ken Potrock that was seen by Reuters. Disneyland, located in Anaheim, has been closed since mid-March.


ANALYSIS
Vaccine news may weaken need for U.S. stimulus, but help still needed - investors
An apparent breakthrough in a coronavirus vaccine weakens the case for another large U.S. fiscal stimulus bill, but relief is still needed for struggling businesses to create a bridge for the economy, investors said.


ANALYSTS' RECOMMENDATION
• Beyond Meat Inc (BYND). JPMorgan cuts price target to $104 from $122, following disappointing third-quarter results that came in shy of estimates, dragged down by a fall in consumers buying their product at retail because they over-loaded their freezers the prior quarter.

• McDonald's Corp (MCD). Credit Suisse raises price target to $230 from $214, reflecting on impressive third-quarter earnings and its committment to maximize marketing investments, with the company focused on driving customer engagement through cultural relevancy.

• Myriad Genetics Inc (MYGN). Jefferies raises price target to $17 from $14, highliting the company's first revenue beat in two years and encouraging moves by the new CEO to simplify its portfolio, cut costs and build new commercial capabilities.

• Pfizer Inc (PFE). Mizuho raises price target to $44 from $43, after positive data from the phase-3 trial of their COVID-19 vaccine which exceeded expectations with a 90% effectiveness, while also increasing the forecast for the number of doses sold in 2020 and 2021.

• Simon Property Group Inc (SPG). Piper Sandler raises price target to $90 from $85, as cash rental collections dramatically increased while also noting that third-quarter earnings fell short on earnings, mostly driven by credit.


ECONOMIC EVENTS (All timings in U.S. Eastern Time)
1000 (approx.) JOLTS job openings for Sep: Expected 6.500 mln; Prior 6.493 mln


COMPANIES REPORTING RESULTS
No major S&P 500 companies are scheduled to report.


CORPORATE EVENTS (All timings in U.S. Eastern Time)
0800 Advance Auto Parts Inc (AAP). Q3 earnings conference call
0800 BioNTech SE (BNTX). Q3 earnings conference call
0800 Oak Street Health Inc. (OSH). Q3 earnings conference call
0830 Bentley Systems Inc (BSY). Q3 earnings conference call
0830 D.R. Horton Inc (DHI). Q4 earnings conference call
0830 Rockwell Automation Inc (ROK). Q4 earnings conference call
1000 Estee Lauder Companies Inc (EL). Annual Shareholders Meeting
1000 International Flavors & Fragrances Inc (IFF). Q3 earnings conference call
1100 Occidental Petroleum Corp (OXY). Q3 earnings conference call
1630 Adaptive Biotechnologies Corp (ADPT). Q3 earnings conference call
1630 LYFT Inc (LYFT). Q3 earnings conference call
1630 Rocket Companies Inc (RKT). Q3 earnings conference call
1700 10X Genomics Inc (TXG). Q3 earnings conference call
1700 Amdocs Ltd (DOX). Q4 earnings conference call
1700 Datadog Inc (DDOG). Q3 earnings conference call
1700 Fair Isaac Corp (FICO). Q4 earnings conference call
2000 Tencent Music Entertainment Group (TME). Q3 earnings conference call


EXDIVIDENDS
Cabot Oil & Gas Corp (COG). Amount $0.10
Diamondback Energy Inc (FANG). Amount $0.37
Entergy Corp (ETR). Amount $0.95
Exxon Mobil Corp (XOM). Amount $0.87
Healthpeak Properties Inc (PEAK). Amount $0.37
Invesco Ltd (IVZ). Amount $0.15
LPL Financial Holdings Inc (LPLA). Amount $0.25
MSA Safety Inc (MSA). Amount $0.43
Pool Corp (POOL). Amount $0.58
Resmed Inc (RMD). Amount $0.39
Starbucks Corp (SBUX). Amount $0.45
Zions Bancorporation NA (ZION). Amount $0.34

Goedemorgen
Wat een sessie, ik kan zeggen dat we dit nog amper hebben meegemaakt zo rond lunchtijd, de Dow Jones sprong in een minuut tijd zo'n 1000 punten hoger na dat er werd bekend gemaakt dat er een vaccin is dat werkt tegen COVID-19. Op een gegeven moment stond de Dow Jones zo'n 1800 punten hoger, de Nasdaq ging juist de andere kant op door dat de thuisblijf aandelen fors onderuit gingen. Enfin, het was een show met weinig houvast en zo zien we nog maar eens hoe gek deze markt wel niet is geworden. Bekijk het overzicht maar eens, bedrijven als Amazon, Microsoft, Zoom, Docusign, PayPal, Netflix, Nvidia en Facebook verloren fors en drukten de Nasdaq omlaag ... Bedrijven rondom vakantie boekingen gingen er dan weer fors op vooruit.

De rally kwam op Wall Street eerst op gang door duidelijkheid rondom de verkiezingsuitslag, Biden werd als winnaar uitgeroepen zaterdag, dat was de eerste positieve noot voor de markten maar Trump weigert nog steeds zijn verlies toe te geven. Een echte verrassing is het niet want de beurs hield vooral al rekening met dit scenario, het is alleen dat men nu weet waar men aan toe is. Wel is het zo dat het moeilijk zal worden voor Biden omdat hij voorlopig in de minderheid blijft in de Senaat en daardoor toch niet zal kunnen doen wat hij graag zou willen doen. Denk aan zijn plannen rondom het klimaat, of om de belastingen in de VS verhogen en om een hogere uitkering richting Main Street te verdelen tijdens de crisis en zo zijn er nog wel wat zaken die moeilijk zullen blijven voor een tijdje.

De Europese beurzen deden het zeer goed, FTSE 100 ging er met 4,7% op vooruit terwijl de DAX 5% hoger de dag afsloot. De Franse CAC 40 won zelfs 7,6%. Onze AEX index ging met 3,7% vooruit. Verder zien we dat het op zich meeviel op Wall Street, de Dow sloot 3% hoger, de SP 500 slechts 1,1% terwijl de Nasdaq 1,5% verloor, de Nasdaq 100 verloor 2,1%. Europa dus fors hoger, Wall Street verdeeld.

AEX overzicht:
Just Eat Takeaway moest fors inleveren maandag, een verlies van maar liefst 8% omdat door het aankomende vaccin het afhalen minder zal worden. Shell won dan weer 12% terwijl Unibaill er met 24% op vooruit ging nu een emissie er mogelijk niet komt. Verder deden de banken het goed, ING won 14%, ABN won 15%. Gek genoeg waren er ook 8 AEX bedrijven die negatief de sessie afsloten. Nogmaals, een van de meest vreemde sessies die ik in meer dan 30 jaar op de beurs heb meegemaakt. Een groene golf, tsunami kwam over ons heen. Een ongekende euforie, iets wat bij 2020 hoort want dit jaar kan er van alles gebeuren zoals we merken ...

Euro, olie en goud:
De euro zien we vanmorgen rond de 1.1825 dollar, een vat Brent olie kost nu 42,5 dollar. De prijs van het goud kreeg gisteren een behoorlijke tik te verwerken, een troy ounce kost vanmorgen 1887 dollar.

US Markets Trading nu voor €39 tot 1 JANUARI 2021:
Maak gebruik van de aanbieding die loopt tot het einde van dit beursjaar, ofwel tot 1 januari 2021 ... Ik blijf zoeken naar kansen in de markt, we hebben strategisch al wat kleine posities open staan.

Meedoen kan nu via de speciale aanbieding tot 1 JANUARI voor €39, na uw inschrijving staat u meteen op de verzendlijst en ontvangt u de updates, de signalen en kunt u inloggen op onze Tradershop om alle posities LIVE te volgen.

Schrijf u in via de link: https://www.usmarkets.nl/tradershop

Tot later,

Guy Boscart

GLOBAL TOP NEWS
Pfizer's experimental COVID-19 vaccine is more than 90% effective based on initial trial results, the drugmaker said, a major victory in the war against a virus that has killed over a million people and battered the world's economy.

U.S. Attorney General William Barr told federal prosecutors to look into "substantial" allegations of irregularities in last week's election, prompting the top lawyer overseeing voter fraud investigations to resign in protest.

The U.S. Federal Aviation Administration is in the final stages of reviewing proposed changes to Boeing's 737 MAX and expects to complete the process in the "coming days," the agency's chief told Reuters.


EUROPEAN COMPANY NEWS
A court-appointed mediator said Bayer has made "substantial progress" toward resolving tens of thousands of remaining claims that its Roundup weedkiller causes cancer.

Fiat Chrysler and PSA unveiled the logo of Stellantis - the company resulting from their planned merger - in what the two car makers described as a further step towards the finalisation of the deal.​

Pandemic-hit Norwegian Air faces a battle for survival this winter, it said after the country's government declared that it will not provide additional financial support for the cash-strapped carrier.


TODAY'S COMPANY ANNOUNCEMENTS
1&1 Drillisch AG Q3 2020 Earnings Call
Acea SpA Nine Months 2020 Earnings Call
Adidas AG Q3 2020 Earnings Call
AerCap Holdings NV Q3 2020 Earnings Call
Affimed NV Q3 2020 Earnings Call
Alstom SA HY 2021 Earnings Call
Banca Mediolanum SpA Q3 2020 Earnings Call
Bioera SpA Shareholders Meeting
Bouvet ASA Q3 2020 Earnings Call
Cerved Group SpA Nine Months 2020 Earnings Call
DCC PLC HY 2021 Earnings Call
Deutsche Post AG Q3 2020 Earnings Call
Electrocomponents PLC HY 2021 Earnings Release
Elringklinger AG Q3 2020 Earnings Call
Erste Group Bank AG Annual Shareholders Meeting
GasLog Ltd and GasLog Partners LP Q3 2020 Earnings Call
Heidelberger Druckmaschinen AG Q2 2021 Earnings Call
Henkel AG & Co KgaA Q3 2020 Earnings Call
Insr Insurance Group ASA Q3 2020 Earnings Call
Interpump Group SpA Q3 2020 Earnings Call
Iren SpA Nine Months 2020 Earnings Call
Jenoptik AG Q3 2020 Earnings Call
Jungheinrich AG Q3 2020 Earnings Release
Ki Group Holding SpA Annual Shareholders Meeting
Land Securities Group PLC HY 2021 Earnings Call
Magseis Fairfield ASA Q3 2020 Earnings Call
Medivir AB Q3 2020 Earnings Call
Msg Life Ag Annual Shareholders Meeting
NCAB Group AB (publ) Q3 2020 Earnings Call
Neonode Inc Q3 2020 Earnings Call
Next Biometrics Group ASA Q3 2020 Earnings Call
NKT A/S Q3 2020 Earnings Call
Northern Data AG Annual Shareholders Meeting
Norwegian Air Shuttle ASA Q3 2020 Earnings Release
NRC Group ASA Q3 2020 Earnings Call
Pacific Horizon Investment Trust PLC Annual Shareholders Meeting
Pexip Holding ASA Q3 2020 Earnings Call
Photocure ASA Q3 2020 Earnings Call
Porsche Automobil Holding SE Q3 2020 Earnings Release
Premier Foods PLC HY 2021 Earnings Call
PSP Swiss Property AG Q3 2020 Earnings Call
Renewi PLC HY 2021 Earnings Call
Salvatore Ferragamo SpA Q3 2020 Earnings Call
Schaeffler AG Q3 2020 Earnings Call
TeamViewer AG Q3 2020 Earnings Call
Telecom Italia SpA Q3 2020 Earnings Release
Traton SE Nine Months 2020 Earnings Call
Uniper SE Q3 2020 Earnings Call
United Internet AG Q3 2020 Earnings Call
voestalpine AG HY 2021 Earnings Call
Wallenius Wilhelmsen ASA Q3 2020 Earnings Release​


ECONOMIC EVENTS (All times GMT)
0630 France ILO Unemployment Rate for Q3: Expected 7.9%; 7.1%
0700 (approx.) United Kingdom Claimant Count Unemployment Change for Oct: Expected 50,000; Prior 28,000
0700 (approx.) United Kingdom ILO Unemployment Rate for Sep: Expected 4.8%; Prior 4.5%
0700 (approx.) United Kingdom Employment Change for Sep: Expected -148,000; Prior -153,000
0700 (approx.) United Kingdom average weekly earnings 3M yy for Sep: Expected 1.0%; Prior 0.0%
0700 (approx.) United Kingdom average earnings (Ex-Bonus) for Sep: Expected 1.5%; Prior 0.8%
0745 France Industrial Output mm for Sep: Expected 0.8%; Prior 1.3%
0830 Sweden Household Consumption yy for Sep: Prior -3.7%
0830 Sweden Household Consumption mm for Sep: Prior 0.3%
0900 Italy Industrial Output mm SA for Sep: Expected -2.0%; Prior 7.7%
0900 Italy Industrial Output yy WDA for Sep: Expected -1.7%; Prior -0.3%
1000 Germany ZEW Economic Sentiment for Nov: Expected 41.7; Prior 56.1
1000 Germany ZEW Current Conditions for Nov: -65.0; Prior -59.5
1000 (approx.) Euro Zone ZEW Survey Expectations for Nov: Prior 52.3