Husband, Father, full time stock trader, sports junkie. Always learning; My tweets are my opinion only and not investment advice.
Arizona, USA
Joined January 2018
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singlesanddoubles retweeted
US oil refiner stocks are skyrocketing:
The S&P 500 Oil & Gas Refining & Marketing Index is up +136% YTD, set for its best annual performance on record.
This is more than double the +65% gain seen during the 2022 energy crisis.
By comparison, the next best years for the sector since 1996 were +80% in 2012 and +77% in 2005
Marathon Petroleum, $MPC, Valero Energy, $VLO, and Phillips 66, $PSX, are leading YTD gains, at +174%, +142%, and +117%, respectively.
Furthermore, the oil refiners ETF, $CRAK, is up +65% over the same period, putting it on track for its strongest annual performance since its launch in August 2015.
US oil refiners are experiencing a historic year.
singlesanddoubles retweeted
ELI LILLY $LLY Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $24.4B (Est. $22.61B) 🟢; +39% YoY
🔹 Adj. EPS: $7.48; +7% YoY
🔹 Gross Margin: 84.4%
🔹 Mounjaro Revenue: $10.7B; +65% YoY
FY26 Guide:
🔹 Revenue: $91.0B-$92.0B (Est. $88.85B) 🟢; from $85B-$87B
🔹 EPS: $35.00-$36.00; from $35.50-$36.50
🔹 Performance Margin: 52.0%-52.5%; from 49.0%-50.5%
🔹 Tax Rate: 19%-20%; from 18%-19%
Announcements:
🔹 Regulatory Progress: FDA approvals of Mounjaro, Onswik and Inluriyo; expanded Jaypirca indication
🔹 Pipeline: Phase 3 retatrutide and Ebglyss results; Phase 2 EloraTZP results; Phase 3 trials start in Q4 2026
Other Q3 Metrics:
🔹 Key Products Revenue: $17.1B
🔹 U.S. Revenue: $15.1B; +34% YoY
🔹 Outside U.S. Revenue: $9.3B; +47% YoY
Key Updates:
🔹 Q3 Revenue Benefits: approximately $900M, incl. $410M Jardiance milestones
🔹 Acquired IPR&D: $4.2B charge; $4.57 EPS impact vs. $0.71 last year
🔹 Business Development: AtaiBeckley acquisition completed; Merida Biosciences acquisition completed after quarter end
Comments:
🔸 “Lilly had another strong quarter, exceeding our prior expectations and allowing us to raise our full-year outlook,”
🔸 “Revenue growth was driven by broad global consumer demand for Mounjaro and Zepbound, the global launches of Foundayo, expanded U.S. coverage for obesity care and a doubling in our newest products in oncology, immunology and neuroscience.”
singlesanddoubles retweeted
I am excited to announce that I have joined the board of directors at Opendoor (NASDAQ: OPEN). OPEN is an important company solving a big problem in a massive market. I have already begun working with Kaz and the board. More to come. investor.opendoor.com/news-r…
Daytrading:
I have often said that holding into earnings are 50/50 propositions at best.
Today's after hours reports are demonstrating why that is.
Zero edge.
singlesanddoubles retweeted
🇺🇸 FED PRESIDENT KEVIN WARSH JUST SAID:
- WE'VE DECIDED TO CHANGE FOMC SCHEDULE NEXT FALL, 8 MEETINGS IS RIGHT NUMBER A YEAR
- ONE MEETING WILL BE FOCUSED ON STRATEGY, WILL NOT HAVE A VOTE ON POLICY RATE
- EXPECT IN 2028 2 MEETINGS TO NOT HAVE A VOTE AND 6 TO BE POLICY-SETTING MEETINGS
singlesanddoubles retweeted
FED HOLDS RATES AT 3.75-4.00%, 10-2 VOTE WITH TWO DISSENTS IN FAVOR OF A HIKE
Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented in favor of a 25-basis-point hike. The Fed said the accumulation of more information will help determine the appropriate policy stance.
• Inflation remains elevated
• Economic activity is expanding at a "strong" pace
• Job gains have kept pace with the workforce, and the unemployment rate has changed little
• Productivity growth is strong and capital investment is robust
• Domestic spending has been resilient despite elevated uncertainty
singlesanddoubles retweeted
My favorite part of the Anthropic S-1 is how they casually list the risk of killing humanity in between interest rate and customer concentration risks
MGM Resorts International ("MGM Resorts" or the "Company") today announced that it has amended its existing Voting Agreement with People Incorporated ("People") (as amended, the "Agreement"). The amendment follows People's withdrawal of its previously announced proposal to acquire MGM Resorts.
Key terms of the Agreement include, among other things, that People, Barry Diller and certain associated persons (the "Covered Entities") have agreed, subject to certain conditions, to vote all their MGM Resorts shares in accordance with the Board's recommendation in connection with a change of control transaction. The Covered Entities have also agreed to not purchase additional shares of MGM Resorts if doing so would result in their aggregate ownership exceeding 29.9% of the Company's outstanding shares. For so long as the Covered Entities remain in compliance with the Agreement, MGM Resorts has agreed not to take defensive measures or actions designed to be adverse to the Covered Entities.
$RUBI 1/25 r/s
Effective 10/30
Outstanding common shares to be reduced to 540,694.