$MC (-0,57 %)
$JPM (+0,9 %)
$GS (+0,52 %)
$C (+0,85 %)
$UNH (+2,49 %)
$JNJ (+0,1 %)
$DPZ (+0,17 %)
$WFC (+0,55 %)
$ASML (+0,41 %)
$BAC (+1,11 %)
$BLK (+0,11 %)
$MS (+0,63 %)
$STT (+0,95 %)
$TSM (+2,38 %)
$IBKR (-0,12 %)
$SU (+0,31 %)

$GS (+0,52 %)
$MC (-0,57 %)
$BLK (+0,11 %)
$JPM (+0,9 %)
$JNJ (+0,1 %)
$TNIE (-0,15 %)
$WFC (+0,55 %)
$C (+0,85 %)
$KER (-0,05 %)
$BAC (+1,11 %)
$MS (+0,63 %)
$ASML (+0,41 %)
$JBHT (+1,41 %)
$2330
$JKS (-7,94 %)
$PEP (+1,7 %)
$PNG (-2,92 %)
$NFLX (-0,51 %)
$STT (+0,95 %)

Let's see what this earnings season has to offer 😁🧐

what do you think? 📉📈

$FAST (+0,39 %)
$GS (+0,52 %)
$BLK (+0,11 %)
$C (+0,85 %)
$JPM (+0,9 %)
$ASML (+0,41 %)
$MS (+0,63 %)
$PGR (+4,35 %)
$BAC (+1,11 %)
$2330
$SCHW (+1,1 %)
$ABT (+0,83 %)
$PLD (+0,17 %)
$PEP (+1,7 %)
$NFLX (-0,51 %)
$AA (-4,1 %)
$TRV (+2,03 %)
$BMI (-0,53 %)
$ALLY (-1,01 %)
$STT (+0,95 %)

$JPM (+0,9 %)
$BAC (+1,11 %)
$WFC (+0,55 %)
$C (+0,85 %)
$TSM (+2,38 %)
$BLK (+0,11 %)
$MS (+0,63 %)
$GS (+0,52 %)
$JBHT (+1,41 %)
$STT (+0,95 %)

$ERIC A (+0,83 %)
$DPZ (+0,17 %)
$JNJ (+0,1 %)
$JPM (+0,9 %)
$WFC (+0,55 %)
$BLK (+0,11 %)
$GS (+0,52 %)
$C (+0,85 %)
$MC (-0,57 %)
$ASML (+0,41 %)
$BAC (+1,11 %)
$MS (+0,63 %)
$JBHT (+1,41 %)
$EQT (+5,29 %)
$SRT (-1,72 %)
$NESNE
$TSM (+2,38 %)
$ABBN (-0,24 %)
$UAL (+0,93 %)
$TOM (-1,78 %)
$VOLV B (+1,21 %)
$AXP (+0,24 %)
$SLBG34
$STT (+0,95 %)

For all those who cannot immediately classify the name: State Street $STT (+0,95 %) is one of the largest asset managers in the world, manages around USD 4 trillion in assets and is the issuer of the well-known SPD ETFs (pronounced SPIDER) - including probably the most famous ETF in the world: SPDR S&P 500 ETF (SPY).

Why buy now?

Dividend: approx. 3.5%, solid distribution history.

Valuation: P/E ratio currently below the industry average - no hype, but substance.

Business model: Earns from fees for the management of ETFs and funds - i.e. they profit from the steady flow of capital into passive investments, regardless of whether there is a bull or bear market.

Stability: Has been on the market for over 200 years, surviving every financial crisis and still standing.

To me, this is an investment in the infrastructure of the financial world - like a toll road operator on Wall Street. The SPDR ETFs keep rolling, and State Street collects the toll. I plan to hold the position long term plus add to ongoing,

and benefit from dividends + price appreciation."

$APO (+1,24 %) and $STT (+0,95 %) have launched the SPDR SSGA Apollo IG Public & Private Credit ETF ($US78470P6227 ). The ETF invests at least 80% of its portfolio in investment grade bonds, including public and private credit, and may hold up to 35% in private securities.

• 0.70% management fee

• Apollo provides liquidity through repurchases of private credit, but with daily limits

• The SEC allows up to 35% illiquid investments instead of the usual 15%

https://www.ssga.com/us/en/intermediary/etfs/spdr-ssga-apollo-ig-public-private-credit-etf-priv

The week will be pure entertainment.

Monday:

• Release of the Empire State Manufacturing Index (July)
• Start of the Republican National Convention
• Statements by FED Chair Jerome Powell and San Francisco
  Fed President Mary C. Daly
• Quarterly results from Goldman Sachs ($GS (+0,52 %) ), BlackRock ($BLK ) and Servis1st Bancshares ($SFBS )

Tuesday:

• Start of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of retail sales (June), business inventories (May), import/export prices (June) and the real estate market index (July)
• Quarterly results from UnitedHealth ($UNH (+2,49 %)), Bank of America ($BAC (+1,11 %)), Morgan Stanley ($MS (+0,63 %)), Charles Schwab ($SCHW (+1,1 %)), PNC Financial ($PNC (+0,98 %)), State Street ($STT (+0,95 %)) and J.B. Hunt Transport ($JBHT (+1,41 %))
• Statements by FED Governor Adriana Kugler

Wednesday:

• End of of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of housing data (June) and industrial production (June)
• Publication of the FED Beige Book
• Quarterly results from Johnson & Johnson ($JNJ (+0,1 %)), US Bancorp ($USB (+0,48 %)), Kinder Morgan ($KMI (+2,79 %)) and Discover Financial Services ($DFS)

Thursday:

• Publication of the weekly Jobless Claims (until July 13)
• Publication of of the Philadelphia Fed Manufacturing Index (June)
• Quarterly results from TSMC ($TSM (+2,38 %)), Netflix ($NFLX (-0,51 %)), Novartis ($NVS (+0,69 %)), Abbott ($ABT (+0,83 %)), United Airlines ($UAL (+0,93 %)) and Intuitive Surgical ($ISRG (-1,91 %))
• ⚠️Abschluss of the Republican National Convention with speeches by Donald Trump (not sure)⚠️

Friday:

• Quarterly results from American Express ($AXP (+0,24 %)), Travelers Cos. ($TRV (+2,03 %)), Halliburton ($HAL (+0,46 %)), Fifth Third Bancorp ($FITB (+0,76 %)), Huntington Bancshares ($HBAN (+0,42 %)) and Regions Financial ($RF (-0,43 %))
• Statements from New York
  FED President
  John C. Williams and Atlanta Federal Reserve President Raphael Bostic

The market overview for 🇺🇸 & 🇪🇺:

US MARKET🇺🇸

Monday

• PACS Group ($PACS) and UL Solutions ($ULS) have potential IPOs.
• Neel KashkariPresident of the Minneapolis Fed, delivers remarks.

Tuesday

• Release of the NFIB Small Business Optimism Index (March).
• Quarterly reports from WD-40 ($WDFC (+1,2 %) ) and Tilray Brands ($TLRY (-6,67 %) ).

Wednesday

• Publication of the consumer price index (March).
• Publication of the wholesale stocks (March).
• Publication of the minutes of the March meeting of the Federal Open Market Committee (FOMC).
• Publication of the monthly federal budget of the USA (March).
• Speeches by Austan GoolsbeePresident of the Chicago Fed.
• Quarterly reports from Delta Air Lines ($DAL (+1,13 %) ) and Applied Digital ($APLD (+0,37 %) ).

Thursday

• Publication of the initial applications for unemployment benefits (April 5).
• Publication of the producer price index (March).
• Speeches by John C. WilliamsPresident of the New York Fed, and Raphael BosticPresident of the Atlanta Fed.
• Quarterly reports from Constellation Brands ($STZ (+0,39 %) ), Fastenal ($FAST (+0,39 %) ) and CarMax ($KMX (-0,24 %) ).

Friday

• Publication of the preliminary Michigan Consumer Sentiment Index (April).
• Speeches by Raphael Bostic, President of the Atlanta Fed, and Mary C. DalyPresident of the San Francisco Fed.
• Quarterly reports from JPMorgan Chase ($JPM (+0,9 %) ), Wells Fargo ($WFC (+0,55 %) ), BlackRock ($BLK ), Citigroup ($C (+0,85 %) ), State Street ($STT (+0,95 %) ) and Progressive ($PGR (+4,35 %) ).

EUROPEAN MARKET🇪🇺

Monday

• Publication of Industrial Production Index🇪🇺

Tuesday

• ZEW Economic Sentiment🇩🇪 will be published
• Quarterly reports from Ericsson ($ERIC A (+0,83 %) )🇸🇪, Beiersdorf AG ($BEI (+1,32 %) )🇩🇪, Sika ($SIKA (+0,93 %) )🇨🇭, Rio Tinto PLC ($RIO (-1,96 %) )🇬🇧

Wednesday

• Release of CPI data🇪🇺
• Quarterly reports from Hays ($HAS (-1,08 %) )🇬🇧, Petershill Partners ($PHLL )🇬🇧, Just Eat Takeaway ($TKWY )🇬🇧, Entain ($ENT (-1,21 %) )🇬🇧, La Francaise ($FDJ (-0,16 %) )🇫🇷, Legal & General ($LGEN (+0,25 %) ), Tryg ($TRYG (+0,55 %) )🇩🇰, BHP Group Ltd ($BHP (-1,79 %) )🇬🇧, ASML Holding ($ASML (+0,41 %) )🇳🇱Volvo B ($VOLV B (+1,21 %) )🇸🇪, Severstal ($CHMF )🇷🇺

thursday

• Publication of Construction Output🇪🇺
• Quarterly reports from Danone ($BN (+0,74 %) )🇫🇷, Nokia Oyj ($NOKIA (+1,44 %) )🇫🇮, Tele2 AB ($TEL2 B (+0,54 %) )🇸🇪