Be in the know. 20 key reads for Friday…

  1. Why Mega-Cap Defense Stocks May Be the Best Idea for the Rest of 2020 (24/7 Wall Street)
  2. Employment in U.S. Increased by More Than Forecast in July (Bloomberg)
  3. Berkshire Hathaway Showing Signs of an Appetite Ahead of Earnings Report (Bloomberg)
  4. Schlumberger Stock Has Tumbled, but Director Mark Papa Just Scooped Up Shares (Barron’s)
  5. NYSE Owner Buys Mortgage-Software Firm Ellie Mae From Thoma Bravo for $11 Billion (Barron’s)
  6. Trump Order Targets Chinese Internet Giants TikTok, WeChat (Barron’s)
  7. A Covid Vaccine Could Be Ready Sooner Than You Think (Barron’s)
  8. Costco Same-Store Sales Climbed Again in July (Barron’s)
  9. A bullish ‘golden cross’ forms in the Dow industrials (MarketWatch)
  10. Meet Kanye West’s presidential running mate, Michelle Tidball (New York Post)
  11. Europe’s banks surprise markets with a strong quarter. (CNBC)
  12. OPEC’s second largest member just made its biggest commitment to curb crude production this month (Business Insider)
  13. People Are Flying Again—But Only for Cheap Vacations (Wall Street Journal)
  14. Pfizer (PFE) Announces Agreement with Gilead (GILD) to Manufacture Remdesivir for Treatment of COVID-19 (Street Insider)
  15. Rocket Companies jumps as much as 26% in its first day of public trading (Business Insider)
  16. Billionaire investor Howard Marks says the Fed’s emergency relief efforts saved the US from depression — but warns of long-term inflationary risk (Business Insider)
  17. Why the best way to play an economic recovery is to load up on industrial stocks, according to a Wall Street stock chief (Business Insider)
  18. New York exodus accelerating at ‘substantial’ pace, local movers say (Fox Business)
  19. New York City Comedy Clubs Move Laughs Outdoors (Wall Street Journal)
  20. Power Outages From Tropical Storm Isaias Could Last for Days (Wall Street Journal)

Be in the know. 20 key reads for Thursday…

  1. Better than Expectations: U.S. weekly jobless claims total 1.186 million, vs 1.423 million expected (CNBC)
  2. White House threatens executive action if it fails to reach coronavirus relief deal with Democrats (CNBC)
  3. Here’s How Congress Could Cripple a Faltering Recovery (Barron’s)
  4. President Trump Says He Supports Additional $25 Billion in Aid to Airline Industry (Barron’s)
  5. Novavax Stock Soars. Analysts Say Its Covid-19 Vaccine Might Be the Best. (Barron’s)
  6. Most S&P 500 Companies Have Reported Second-Quarter Earnings. Here’s What We’ve Learned So Far. (Barron’s)
  7. The market is underpricing the possibility of a vaccine, Goldman Sachs strategists say (MarketWatch)
  8. Brazil central bank cuts key rate to record low (MarketWatch)
  9. Oil Stocks are Surprising Winners (Barron’s)
  10. Millennials are snatching up ‘cheap old houses’ via Instagram (New York Post)
  11. Quicken Loans Parent Prices IPO at $18 (Wall Street Journal)
  12. Instagram’s Short-Video Feature Reels Debuts in U.S. as Threats to TikTok Mount (Wall Street Journal)
  13. Teva Pharmaceutical: Value at Last (Wall Street Journal)
  14. Deadline Nears for Stimulus Talks With Wide Gap Between Parties (Bloomberg)
  15. Barclays analyst breaks down why Pioneer is a top pick in the slumping oil sector (Business Insider)
  16. Why Devon Energy Stock Could Rise Another 50% to 75% Higher Into 2021 (24/7 Wall Street)
  17. COVID-19 vaccine approval could stall tech stocks boom: Goldman (Reuters)
  18. HollyFrontier posts smaller-than-feared loss as demand picks up (Reuters)
  19. States demand Iasias response probes as nearly 2 million are still without power (Fox Business)
  20. Jeff Bezos Sells Another $3B Worth Of Amazon Shares (Benzinga)

Be in the know. 15 key reads for Wednesday…

  1. Warren Buffett plows another $337 million into Bank of America, boosting his stake to nearly 12%. (Business Insider)
  2. Forget Spas and Bars. Hotels Tout Housekeeping to Lure Back Travelers. (New York Times)
  3. Disney, Staggered by Pandemic, Sees a Streaming Boom (New York Times)
  4. U.S. and China Will Meet to Discuss Compliance With Trade Agreement (Barron’s)
  5. Treasury yields inch higher as eurozone retail sales returns to pre-crisis levels (MarketWatch)
  6. Winners and Losers Are Emerging in Airline Stocks (Barron’s)
  7. America’s Trade Gap Narrowed in June for First Time in Four Months (Bloomberg)
  8. J&J reaches deal with U.S. for 100 million doses of coronavirus vaccine (CNBC)
  9. The Fed is expected to make a major commitment to ramping up inflation soon (CNBC)
  10.  Isaias causes 2nd-largest power outage in ConEd history: How long recovery may take (Fox Business)
  11. Fed Vice Chair Clarida still sees the economy staging a comeback this year (CNBC)
  12. David Einhorn Is Making a Big New Bet. (Institutional Investor)
  13. Wells Fargo to cut consultancy spend after internal backlash (Financial Times)
  14. Novavax Says Coronavirus Vaccine Generated ‘Robust Antibody Responses’ In Phase 1 Trial Participants (Benzinga)
  15. Covid-19 Researchers Hope Monoclonal Antibody Treatments Are a Bridge to Vaccine (Wall Street Journal)

Be in the know. 13 key reads for Tuesday…

  1. U.S. Counts Smallest Daily Rise in Coronavirus Cases in Weeks (Wall Street Journal)
  2. Pelosi, Mnuchin Signal First Glimmer of Progress on Stimulus (Bloomberg)
  3. Trump says U.S. may have coronavirus vaccine ‘far in advance’ of end of the year (CNBC)
  4. Bets Against U.S. Dollar Assume Early Virus Vaccine, BofA Says (Bloomberg)
  5. Ex-Trader Stephen Diggle Bets Big on Oxford’s Tiny Vaccine Maker (Bloomberg)
  6. Warren Buffett’s Berkshire Hathaway is allowed to double its Bank of America stake to almost 25%. (Business Insider)
  7. Trump Suggests He Could Suspend Payroll Tax by Executive Order (Barron’s)
  8. Gilead Will Get a Boost From Covid-Treatment Sales, Citi Says (Barron’s)
  9. FAA Formally Proposes Fixes for Return of Boeing’s 737 MAX Jets (Wall Street Journal)
  10. China only fulfils 5% of Sino-U.S. energy trade deal in first half of 2020 (Reuters)
  11. Hedge funds scour alternative data for edge on Covid and economy (Financial Times)
  12. Here’s what history tells us about U.S. stocks in a close election race and why the polls matter, Deutsche Bank says (MarketWatch)
  13. Google Pixel 4a Review: Why Spend $1,000 When You Can Spend $349? (Wall Street Journal)

Be in the know. 15 key reads for Monday…

  1. OPEC+ is facing a ‘very delicate, fragile balancing act’ in the oil market, strategist says (CNBC)
  2. Microsoft to continue discussions on potential TikTok purchase in the United States (Microsoft)
  3. Kinder Morgan Co-Founder Richard Kinder Bought the Slumping Energy Stock (Barron’s)
  4. Mnuchin says administration still backs $1,200 stimulus checks as talks continue (CNBC)
  5. Why stocks will hit new all-time highs within months, according to Fundstrat’s Tom Lee (Business Insider)
  6. Wall St. analysts are making the unusual move of raising earnings estimates: Morning Brief (Yahoo! Finance)
  7. AbbVie, Amgen and Takeda start testing drugs as COVID-19 treatments (MarketWatch)
  8. Warren Buffett’s Berkshire Takes a Turn for the Better (Barron’s)
  9. Treasury yields tick higher after data highlights recovering Chinese factories (MarketWatch)
  10. Eli Lilly starts late-stage study of coronavirus drug in nursing homes (CNBC)
  11. Fed Weighs Abandoning Pre-Emptive Rate Moves to Curb Inflation (Wall Street Journal)
  12. Consumers, Flush With Stimulus Money, Shun Credit-Card Debt (Wall Street Journal)
  13. Behind the Vast Market Rally: A Tumbling Dollar (Wall Street Journal)
  14. America’s Saw Mills Didn’t See This Building Boom Coming (Wall Street Journal)
  15. Baseball Draws Strong TV Ratings in Opening Week Amid Uncertainty Over Season (Wall Street Journal)

Be in the know. 12 key reads for Sunday…

  1. Fed Weighs Abandoning Pre-Emptive Rate Moves to Curb Inflation (Wall Street Journal)
  2. JPMorgan CEO Jamie Dimon’s morning routine: Wake up at 5 a.m. and ‘read tons’ (CNBC)
  3. Negotiators report progress in COVID-19 aid talks in Congress (MarketWatch)
  4. ECRI Weekly Leading Index Update (Advisor Perspectives)
  5. The Great American Housing Boom Has Begun (Forbes)
  6. Kanye West Is Still Trying to Get on the Ballot (New York Magazine)
  7. GMC Shares Video First Look at 1,000-HP Hummer Supertruck (Maxim)
  8. The Coronavirus Housing Boom
  9. Concerns about Waning COVID-19 Immunity Are Likely Overblown (Scientific American)
  10. How To Become a World Class Poker Player (Podcast) (Bloomberg)
  11. How Robinhood Makes Money On Free Trades (Podcast) (Bloomberg)
  12. This 1961 Ferrari 250 GT SWB Berlinetta by Scaglietti, is One of Ferrari and Pininfarina’s Greatest Achievements. (Luxuo)

Be in the know. 20 key reads for Saturday…

  1. Warren Buffett’s Berkshire Can Acquire Nearly 25% of Bank of America (Barron’s)
  2. For the First Time Ever, Uncle Sam’s Aid to U.S. Tops Quarterly GDP (Barron’s)
  3. Investors Are Too Wary as Earnings Reports Come in Strong (Barron’s)
  4. SPACs Are All the Rage, but These Private-Equity-Like Vehicles Are Complicated. Here’s What You Need to Know. (Barron’s)
  5. Warren Buffett Buys Bank of America Stock as Others Hedge. Who’s Right? (Barron’s)
  6. Microsoft Is Reportedly in Talks to Acquire TikTok (Barron’s)
  7. How to Invest in China’s Consumer Comeback (Barron’s)
  8. AT&T Director Stephen Luczo Buys Big Block of Stock (Barron’s)
  9. Why Brazil’s Stock Market Struggles to Rebound (Barron’s)
  10. Thinking For Oneself (Farnam Street)
  11. Berkshire Hathaway’s Great Transformation (Rational Walk)
  12. China Tries Its Favorite Economic Cure: More Construction (New York Times)
  13. What Bill Gates and Warren Buffett talk about during COVID-19 (Yahoo! Finance)
  14. Coronavirus Vaccine Trials Advance in Race for Covid-19 Protection (Bloomberg)
  15. Elon Musk says ‘China rocks’ while U.S. is full of ‘complacency and entitlement’ (CNBC)
  16. A Wall Street chief strategist breaks down the 4-part ‘superfecta’ that will keep stocks soaring (Business Insider)
  17. Ford already bombarded with 150,000 reservations for upcoming SUV (Fox Business)
  18. Gilead Analysts Downplay Q2 Miss Amid Remdesivir’s COVID-19 Opportunity (Benzinga)
  19. Private-Equity Firms Discuss Bid for Kansas City Southern (Wall Street Journal)
  20. A Beloved Connecticut Getaway, Refreshed and Waiting for Summer (Wall Street Journal)

Be in the know. 15 key reads for Friday…

  1. U.S. consumer spending rises for second straight month in June (Reuters)
  2. Berkshire has spent more than $1.7 billion on 71.5 million Bank of America shares since July 20, including the latest purchases, according to regulatory filings. (Street Insider)
  3. Cruise Lines Test the Waters, Launching Sailings in Europe and Asia With Limited Capacities (Barron’s)
  4. Pandemic boost for Big Tech set to drive Wall St. higher (Street Insider)
  5. Caterpillar (CAT) Tops Q2 EPS by 20c, Revenues Beat (Street Insider)
  6. These relief benefits expire today as negotiations on next aid package stall (Fox Business)
  7. Charles Payne: Herman Cain was an American patriot, and an inspiration (Fox Business)
  8. Nvidia in talks to buy Arm from SoftBank for more than $32bn (Financial Times)
  9. How Apple’s stock split will change the pecking order in the 124-year old Dow Jones Industrial Average (MarketWatch)
  10. China manufacturing activity rises in July (MarketWatch)
  11. Ford Earnings Were Way, Way, Way Better Than Feared (Barron’s)
  12. Auto-Parts Retail Goes Full Throttle (Wall Street Journal)
  13. A $3 Million Ferrari Tests a World Without the Pebble Beach Auctions (Bloomberg)
  14. Opinion: Mortgage applications for suburban homes are surging as buyers try to escape the coronavirus pandemic (MarketWatch)
  15. ViacomCBS to Bulk Up Streaming Service (Wall Street Journal)

Be in the know. 10 key reads for Thursday…

  1. Disclosure-Shy Warren Buffett Must Really Like Bank of America Stock (Barron’s)
  2. Value Investors Believe Their Long Winter May Soon End (Bloomberg)
  3. Meet the New Fed Policies, Same as the Old Ones (Barron’s)
  4. Buy stock dips because the S&P 500 could ‘easily’ reach 3,500 next year, says Credit Suisse (MarketWatch)
  5. 5 Value Stocks In The Financial Services Sector (Yahoo! Finance)
  6. J&J begins first human clinical trials of single-dose coronavirus vaccine (FoxBusiness)
  7. CEOs Of Amazon, Apple, Facebook And Google Defend Companies During Congressional Antitrust Testimony (Benzinga)
  8. Fed plans for ‘the worst’ as it waits for Congress to act (Financial Times)
  9. FDA Nears Decision Authorizing Covid-19 Treatment With Convalescent Plasma (Wall Street Journal)
  10. Coronavirus Shifts Pricing Power to UPS and FedEx, and They Are Using It (Wall Street Journal)

Be in the know. 15 key reads for Wednesday…

  1. GE Rallies As Cash Burn Beats; CEO Sees Positive Flow In 2021 (Investor’s Business Daily)
  2. 3 Things to Watch at Today’s Fed Meeting (Barron’s)
  3. The S&P 500 Is Positive 100 Days Before the Election. What History Says Could Happen Next. (Barron’s)
  4. 3 Oil Stocks With Healthy-Looking Dividends (Barron’s)
  5. Why Europe’s top asset manager expects U.S. stocks to outperform — and one reason is stock buybacks (MarketWatch)
  6. Oil boosted by data showing drop in U.S. crude inventories (MarketWatch)
  7. Powell is expected to say the Fed will keep doing whatever it can while it considers its next move (CNBC)
  8. Intel (INTC) CEO Swan Buys $400K in Stock Following Big Slide (StreetInsider)
  9. Henry Blodget Was Banned From the Financial Industry. So He Built a Financial Media Empire. (Institutional Investor)
  10. Merck Positioning to Take the Lead U.S. COVID-19 Antiviral Market from Remdesivir: EIDD-2801 (TrialSiteNews)
  11. Herd Immunity Seems to Be Developing in Mumbai’s Poorest Areas (Bloomberg)
  12. Golf’s Slow Pace Challenged by an Electric Bike That Caddies, Too (Bloomberg)
  13. Warren Buffett’s Latest Stock Buy Adds To Bet On Main Street Economic Recovery (Investor’s Business Daily)
  14. EU, Gilead Reach Deal on Supply of Antiviral Drug Remdesivir (Bloomberg)
  15. Facebook Offers Money to Reel In TikTok Creators (Wall Street Journal)