Today there was another head-fake opening, from hopes for a quickie stimulus deal. But 12 minutes on, Wall Street reversed into a down market. Only when foreign market trading had risen for American Depositary Receipt shares did they maintain their gains here. But there were outages in Paris and Amsterdam Euronext which stopped some of this.

American markets also were scared by the latest figures on the US 2020 deficit, $31 trillion. Our Supremes will rule on the Trump closure of the Mexican border to force Latin immigrants to wait there, and funding of “The Wall” with Defense Dept. funds. Trump again targeted NIH chief Anthony Fauci. He is out of control, I think.

More for paid subscribers on what's up follows.

Green from Green

*A top performer today was Canadian Solar CSIQ, up 5.65%. It was recommended by Austrian Max Deml. This despite BofA-Merrill warning about C$ risks as it trades in US$s. Daiwa chopped Xinyi Solar to hold.

*AZRE, Azure Power, Mauritian seller of solar plans in India, gained 3.1% at the opening and is now up 4.64%., one of our top performers, on no news I can find.

*CAE now officially recognized as carbon-neutral, gained 3.8% today to US$16.7 on the Big Board. It trains pilots and was tipped by Patti the Biotech Maven.

Tech & Tel

*Softbank SFTBY hit a new high today. However, NIO fell 1.9% after Tesla TSLA lost a fraction.

*Nokia NOK won a contract to build a cellular network on the moon for NASA. Its share rose by 4.31% on the news. It was also tipped last week by Jim Cramer. I wonder who will get Mars?

*As usual, Swedish Ericsson followed its Finnish rival. ERIC gained 3.1%. However, US telcos fell.

*NTT Docomo, DCMYY, is up in Japan and here. It is trying to be taken over by its parent.

*Multichoice of Africa gained 2.33% today. MCHOY was spun-off 8 months ago by Naspers, off 0.44%. Its clone Prosus is down 0.4%. NPSNY; PROSY.

*Bonus stock Qualcomm, whose venture cap arm is aback-door to Israeli tech, gained 1.2%. QCOM.

*Nintendo, the Japanese game-maker, rose 0.3%. NTDOY was picked by Abhimanyu Sisodia who writes is has now become the US best-seller console for a 22^nd month, in Sept., a record run.

*Israeli-American Tower Semiconductor gained 1.1% today. TSEM is an alternative to Chinese chips. Israel also lowered its lockdown level as CV-19 cases fell.

*Vodafone VOD also rose, by a more modest 0.9% after it and Liberty (John Malone's firm) announced it would launch Dutch broadband at speeds up to a gigabit in 4 cities in the Netherlands by yearend.

*Amazon Latin American rival Mercado Libre MELI rose 1% to another year's high at $1273.05. Then its plan to buy New State Research frightened the hens.

*Microsoft MSFT won a buy recommendation from Jeffries but fell 0.75% all the same.

*Japanese factory robot-maker Fanuc added 1.82% to its price. At $19.43 FANUY is now flat for 2020.

Pharma

*Astra-Zeneca now expects it will not beat Xmas with its vaccine for Covid-19. AZN stock fell 0.4%.

*Novo Nordisk gained hereafter rising 1.13% in Danish trading.

*Glaxo GSK will hold a repiratory syndrome vaccine day on Oct. 22. Does it include Covid-19?

*Beigene lost 1.91% on Chinese legal protection of its intellectual property from US theft. BGNE.

*Dr. Reddy's RDY lost 0.4% despite getting the mandate for phase II trials for its COVID-19 jab in India.

*Swiss Roche rose another 0.5%. RHHBY results were not posted last week. It trades OTC but it is still a drug major. It also got UK FDA ok for its first line combo against acute myeloid leukemia. It also began working in artificial intelligence with Genesis Therapeutics on drug discovery. We have an AI player already, Compugen CGEN of Israel. 

*Canadian Zymeworks, ZYME, is up 0.2%.

*Even Teva rose by 1.1%. Philip Frost's Opko Health gave false positives to US footballers with its Covid tests. Revelations on OPK cut TEVA the risks to current execs over TEVA misdeeds back then.

Finance

*SPDR Gold GLD rose over worries.

*An anonymous writer on SeekingAlpha, fun trader, tipped Kirkland Lake Gold but KL still fell 0.6% becasuse gold is priced in falling US dollars.

*Standard Life Aberdeen will reopen two UK REITs with £2.7 bn under management. SLFPY.

*Banco Latinoamericano de Comercio Exterieur of Panama rose 1.5% on institutional BLX buying.

*Banco Santander SAN rose 1.3% after chair Ana Patricia Botin called for an end to the UK dividend ban, arguing that it would help capital flows and cut the cost of equity. UK banks like Barclays agree.

*Both our Japanese financial conglomerate shares are down despite Buffett, MSHBF, and SMFG.

*Canadian Brookdale BKD buying 19.9% of its stock crushed American Equity Investment Life AEL.

Oilpatch

*Conoco's buy of Concho for $9.7 bn boosted the oil sector and Halliburton's beat of consensus added to the allure of oil. So too a spate of new gas rigs in Texas Shale. So did Cowen rating Schlumberger outperform for its 3.1% dividend. SLB hit $15.35, up 2.5% at the opening here.

*HSBC is telling us to buy Gazprom. OGZPY which at least is not Chinese.

*BP plc BP rose 0.4% today as did Royal Dutch Shell B, RDS-B.