The Weekend Rip: Be JUST

Tale of the Tape

Good evening, everyone. 

We hope you enjoyed your time off. 

This week should be wild. Nearly 300 companies are expected to report earnings.

Netflix and Snap will report on Tuesday. Tesla is scheduled for Wednesday. See the calendar below.

Last week, JUST Captial updated the JUST 100. In 2020 it pays to be just. More on this below.

The S&P 500 is within 3% of all-time highs. Are we reaching for the record? Time will tell.

Here’s the weekly S&P 500 chart:

S&P 5003,483+0.19%
Russell 20001,633-0.23%
Dow Jones28,606+0.07%

Weekly Percent Changes


The JUST Captial ETF, $JUST is outperforming the S&P 500 by 1.5% in 2020. 👏

This week, the non-profit updated its 100 most just US companies. 

JUST Captial polls Americans to see how the largest public U.S. corporations perform on the issues that matter most.

The people have spoken, here are the most important issues in 2020:

Microsoft ranked #1 for the third year in a row. Nvidia, Apple, Intel, and Alphabet rounded out the top 5.

See the rankings here.

Paul Tudor Jones, legendary trader and co-founder of JUST Capital said this:

We’re not going to change this country, we’re not going to feel embarrassed to be Americans, we’re not going to be proud of what we do every day unless we change where we work first. It’s the only way we’re going to get gender equity, income equity or wealth equity or racial equity. It’s the only way we’re going to do it.

For those interested, here’s more information on the methodology of JUST Capital.

Holy Zoom

Zoom Video is larger than Exxon Mobil. 

The 2020 stock market darling, Zoom Video, has a market cap of $159B. Exxon Mobil checks in at $144B. 

Mike Zaccardi shared a chart on Friday highlighting the dominance. So far this year, Exxon Mobil has been cut in half while Zoom is up 700%. Zoom zoom.

Here’s the Exxon Mobil weekly chart. Will it test the March low? Place your bets… 

Sunday Links:

🧠 Psychology, Behavior & Markets — Investor Amnesia

🧐 The Similarities Between Shane Battier and John Maynard Keynes

🎙 Audio’s Opportunity and Who Will Capture It

💀 I Get Psychoanalyzed on (Almost) Dying

🤷‍♂️ Do We Live in a Simulation? Chances Are about 50–50

⌂ Mumbai Artist Retreat is a Climate Change-Proof Artist’s Cabin in India

The Week Ahead 

And now a brief and well-organized look ahead at the trading week beginning Monday, October 19th, 2020:

Economic Calendar:

  • 10/20  September Housing Starts (8:30 AM ET)
  • 10/20  September Building Permits (8:30 AM ET)
  • 10/22  September Existing Home Sales (10:00 AM ET)

Here’s the full Economic Calendar provided by Briefing

Earnings Calendar:

Be sure to know when your stocks are reporting. Here’s the earnings calendar