1. Dow Jones Breadth
Sentiment Trader-Marketwatch
The Dow DJIA has risen 152 times over the past 250 trading days, Jason Goepfert, senior research analyst at SentimenTrader, observed in a Wednesday note — a win rate of just under 61%. The only times it saw such consistency in the past came in April 2010 and May 2018, and both those instances preceded periods of around six months of choppy trading, he wrote.
“The buying pressure the index has enjoyed across time frames is truly historic. And, for the most part, this has been a good sign, at least for another 6-9 months. After that, the precedents dwindle further, especially those that show sustained gains,” Goepfert said. “The 1995-2000 period is the only one that managed a prolonged, impressive continuation of the momentum, and bulls need to hope that the [artificial intelligence] revolution is comparable to the internet bubble.”
https://www.marketwatch.com/story/the-dow-is-running-hot-history-says-thats-usually-a-good-sign-b9dad2be?mod=home-page
2. Dow Transports Still Below 2023 Highs
3. History of Stocks with Consecutive 10%+ Sales Growth
4. All-Time High List
5. EWH Hong Kong ETF
Wild Ride on China Stimulus …50day thru 200day to upside.
6. Top 10 Online Stores
Read Full Top 100
https://www.aftership.com/store-list/top-100-ecommerces-stores
7. Tesla Talking RoboTaxi Today…Waymo 700 Vehicles in Several Cities
CHARTR BLOG The truth is, robotaxis are already here. In June, Google-backed Waymo opened up its services to the public, and it now counts ~700 vehicles in several cities, which are completing more than 100,000 self-driving rides a week. That progress is off the back of years of testing — Waymo autonomous vehicles racked up ~4.9 million miles in 2023, according to the California DMV, more than any other company that filed reports (Tesla does not report data).
8. Tesla Robotaxi Announcement Tonight
Oct 10 (Reuters) – By Norihiko Shirouzu and Chris Kirkham
Tesla aims to stun investors Thursday night with its long-awaited “robotaxi unveil,” a potential milestone after a decade of Elon Musk’s unfulfilled promises to deliver self-driving vehicles.
The automaker is widely expected to showcase a prototype called the “Cybercab” rather than a road-ready driverless taxi.
Convincing regulators and passengers of the vehicle’s safety could prove much harder and take much longer — while its main competitors, such as Alphabet’s Waymo, expand robotaxi fleets they’re already operating in select cities today.
Tesla has to date pursued a different technological path than all of its major self-driving rivals – one with potentially higher rewards but also higher risks to both its business and its passengers, according to Reuters interviews with more than a dozen executives, consultants and academics specializing in self-driving technology and three former Tesla autonomous-vehicle engineers.
Tesla’s strategy relies solely on a combination of “computer vision,” which aims to use cameras the way humans use eyes, with an artificial-intelligence technology called end-to-end machine learning that instantly translates the images into driving decisions.
https://www.reuters.com/technology/tesla-gambles-black-box-ai-tech-robotaxis-2024-10-10/
9. AquaFence Protects Tampa Hospital
Morningbrew
How Tampa General withstood two hurricanes
Bryan R. Smith/Getty Images
Just two weeks after protecting Tampa General Hospital from Hurricane Helene, AquaFence faced a bigger test with Hurricane Milton…and once again it passed.
The hospital, the only Level 1 trauma center in the region, is located in the low-lying Davis Islands neighborhood of the city, a high-risk flood zone that was under a mandatory evacuation warning from Milton. But the staff stayed put during the storm, confident the building would be safeguarded by innovative, temporary bulwarks made by the company AquaFence the hospital first invested in four years ago.
It worked: As Milton moved inland overnight, Tampa General posted on X that it was “weathering the storm” and “power, water and supplies are holding strong.”
What is AquaFence? The company’s watertight fences, which cost anywhere from $350 to $1,000 per linear foot, are made of one-inch-thick panels that secure to the ground and can withstand high winds while protecting buildings from flooding. Launched in Norway in 1999, AquaFence says it now protects more than $30 billion worth of real estate in the US across 24 states, shielding everything from hotels to banks to a Shake Shack.
- They also go up quickly: According to the company’s US president, 100 feet of AquaFence can be installed in 30 minutes.
- And crucially, AquaFence walls are reusable, able to be deployed up to 60 times.
Big picture: As climate change intensifies natural disasters, more private companies are working to develop tech to protect against the damage. And as the risks rise, so does the cost of keeping you and your stuff safe. AquaFence is developing a residential model that would cost around $20,000 per household.
The latest on Milton: As of 5am ET, Milton is exiting Florida’s east coast as a Category 1 storm after making landfall on the state’s west coast near Sarasota last night as a Category 3. More than 3 million homes and businesses are without power. You can read live updates here.—MM
https://www.morningbrew.com/daily
10. Growth of Admin Staff at Schools
