Be in the know. 21 key reads for Wednesday…

  1. Boeing and Spirit Airlines upgraded to outperform at Bernstein on expectations for recovery in air travel (MarketWatch)
  2. Tech stocks were just stomped. Here’s what to watch next, according to Goldman Sachs. (MarketWatch)
  3. Only 47 stocks in the S&P 500 have fallen over the past year — Wall Street predicts they will climb up to 54% in 12 months (MarketWatch)
  4. Dollar Tree adds $1.05 billion to share buyback program, bringing total to $2.5 billion (MarketWatch)
  5. Dollar Tree to Sell More Items Above $1 as Costs Rise (Wall Street Journal)
  6. Merck Says Its Covid-19 Antiviral Pill Looks Good Against Variants (Barron’s)
  7. Meet Ramzi Musallam, Wall Street’s Top-Secret Billionaire Investor (Forbes)
  8. What Is in the $3.5 Trillion Reconciliation Bill? (Wall Street Journal)
  9. Catch the Early Bird Special on Restaurant Stocks (Wall Street Journal)
  10. Bond-Yield Surge Challenges Investor Confidence in Big Tech Companies (Wall Street Journal)
  11. China Evergrande Has Made Restructuring Progress. What to Know. (Barron’s)
  12. How Bad Are Things in China? Goldman Sachs Just Slashed Its Growth Forecast to Zero. (Barron’s)
  13. Elon Musk Weighs In on Space Travel, Crypto, Death, and Taxes (Barron’s)
  14. China Evergrande Group said it plans to raise about $1.5 billion by selling a minority stake in a Chinese bank to a state-owned enterprise. (Wall Street Journal)
  15. ‘No Time to Die’ is Bond shaken, not stirred — and a fitting last outing for Daniel Craig (New York Post)
  16. Crisis Pause. The Energy Report 09/29/2021 (Phil Flynn)
  17. Cargill Sees Bullish Signs for Agricultural Commodities, Despite China Weakness (Bloomberg)
  18. China Hidden Local Government Debt Is Half of GDP, Goldman Says (Bloomberg)
  19. Brian Sullivan: Five key takeaways from OPEC’s 2045 oil outlook (CNBC)
  20. More than a quarter of Nasdaq-100 stocks are in bear markets — Wall Street sees a buying opportunity (MarketWatch)
  21. Valuing stocks: why investors should look harder at expectations (Financial Times)