Be in the know. 17 key reads for Friday…

  1. Warren Buffett may have found a stock he likes — his own (MarketWatch)
  2. China’s Economy Rebounds From Coronavirus, but Shares Fall (New York Times)
  3. U.S. housing starts accelerate in June (Reuters)
  4. U.S. Retail Sales Rose 7.5% in June as Stores Reopened (Wall Street Journal)
  5. How Banks Could Turn Covid Pain Into Eventual Gains (Wall Street Journal)
  6. Robinhood Is Democratizing Markets, Not Disrupting Them (Bloomberg)
  7. 5 Biopharma Stocks That Are Affordable And Growing (Barron’s)
  8. These Are Netflix’s 10 Most Popular Original Movies (Bloomberg)
  9. In a Republican Presidential Sweep, These Stocks Would Win (Barron’s)
  10. In a Democratic Presidential Sweep, These Stocks Would Win (Barron’s)
  11. Pelosi says $1.3T ‘not enough’ for coronavirus relief as reopenings stall (Fox Business)
  12. US 30-year mortgage rate falls below 3% for first time (Financial Times)
  13. Johnson & Johnson Says Late-Stage Coronavirus Vaccine Trials Moved Ahead To September (Benzinga)
  14. CEO of world’s biggest money manager says wearing masks will help economy avoid another shutdown (CNBC)
  15. The last time this happened, homebuilding stocks rallied double digits: Analyst (CNBC)
  16. Goldman Sachs Has 3 Top Aerospace and Defense Stocks to Buy Before Earnings (24/7 Wall Street)
  17. 7 Unpopular Value Stocks That Could Surge Into 2021 (24/7 Wall Street)

Be in the know. 25 key reads for Thursday…

  1. Warren Buffett Sees Natural Gas Sticking Around for a Long Time (Bloomberg)
  2. Domino’s Earnings, Sales Beat As At-Home Dining Stays Strong (Investor’s Business Daily)
  3. Morgan Stanley Crushes Views, BofA Beats, Capping Big Bank Results (Investor’s Business Daily)
  4. How A Medical Brainiac CEO Turned Brilliance Into Billions (Investor’s Business Daily)
  5. How Dell Can Spin off VMware (Barron’s)
  6. Dividend Aristocrats Roar Back After Early-Year Stumbles. These 10 Recently Raised Their Payouts. (Barron’s)
  7. OPEC+ move to taper output cuts may ‘keep a floor’ under prices (MarketWatch)
  8. Wall Street Defends Delta Stock After Steep Loss (Barron’s)
  9. Meet the man who’s been behind nearly every evolution of the fund industry for two decades (MarketWatch)
  10. J&J to start Phase 1 trial for coronavirus vaccine candidate next week (MarketWatch)
  11. All Walmarts, Sam’s Clubs to require shoppers wear masks (New York Post)
  12. Traders Are Betting the Fed’s Bond-Buying Binge Has Just Begun (Bloomberg)
  13. AstraZeneca Pressure Mounts as Investors Await Oxford Vaccine Data (Bloomberg)
  14. Greenwich Mansions With Pools Are All the Rage in Pandemic Era (Bloomberg)
  15. Billionaires Hunt Real Estate Bargains in Shadow of Pandemic (Bloomberg)
  16. Goldman Puts Capital Fears to Bed for Now, With Help From Fed (Wall Street Journal)
  17. China Is First Major Economy to Return to Growth Since Coronavirus Pandemic (Wall Street Journal)
  18. Consumer Appetite for Cars, Homes Bolsters U.S. Economy (Wall Street Journal)
  19. U.S. Industrial Production Picked Up Again in June (Wall Street Journal)
  20. Coronavirus Has Americans Hooked on Canned Tuna, and Producers Are Playing Catch Up (Wall Street Journal)
  21. The Billion-Dollar Broker Who Managed a Nation’s Oil Wealth (Bloomberg)
  22. Fauci bullish on prospects for U.S. vaccine, not worried about China winning race (Street Insider)
  23. China says will stick with U.S. trade deal (Reuters)
  24. Influencers with Andy Serwer: David Rubenstein (Yahoo! Finance)
  25. Six films to watch this week (Financial Times)

Be in the know. 12 key reads for Wednesday…

  1. Here’s the Long-Awaited Data on Moderna’s Vaccine Trial. So Far, So Good. (Barron’s)
  2. Value investing has been “broke” since 2007. BofA lists 7 reasons why it may finally be poised for a comeback (Business Insider)
  3. JPMorgan’s Earnings Were Surprisingly Strong. It’s a Positive Sign for Other Banks. (Barron’s)
  4. 12 Stocks That Could Take Off—If You’re Willing to Bet Everyone Else Is Wrong (Barron’s)
  5. JPMorgan, Citigroup and Wells Fargo opted to stow away a combined $28 billion (Wall Street Journal)
  6. U.S. consumer prices climbed sharply in June (Wall Street Journal)
  7. As Europe’s Economies Reopen, Consumers Go on a Spending Spree (New York Times)
  8. Oxford Vaccine Emerges as Front-Runner (Bloomberg)
  9. Goldman Sachs sees the Chinese yuan strengthening to 6.70 against the dollar in the next 12 months (CNBC)
  10. Investing legend Bill Gross says investors should favor value over growth during the pandemic, and tipped these 4 stocks to flourish (Business Insider)
  11. “Long Tech Stocks” Is The Most Crowded Trade Ever (Zero Hedge)
  12. Banks Are Dirt Cheap: 5 Analyst Top Picks for the Rest of 2020 (24/7 Wall Street)

Be in the know. 15 key reads for Tuesday…

  1. Value will trump highflying growth stocks if this bond-market indicator bounces back, says Bill Gross (MarketWatch)
  2. JPMorgan’s Earnings Were Surprisingly Strong. It’s a Positive Sign for Other Banks. (Barron’s)
  3. Coronavirus Spending Pushes U.S. Budget Deficit to $3 Trillion for 12 Months Through June (Wall Street Journal)
  4. Ford Reveals New Bronco After 24 Years Off the Market (Wall Street Journal)
  5. Hospitals Stock Up on Covid-19 Drugs to Prepare for Second Wave in Fall (Wall Street Journal)
  6. 12 Stocks That Could Take Off—If You’re Willing to Bet Everyone Else Is Wrong (Barron’s)
  7. U.S. Consumer Prices Climb by Most Since 2012 on Higher Gasoline (Bloomberg)
  8. BofA Clients Keep Tight Grip on Cash Amid Ebullient Stock Rally (Bloomberg)
  9. JPMorgan’s Record Trading Helps Ease the Pandemic’s Toll (Bloomberg)
  10. OPEC+ Risks Triggering Another Oil Price Slump (Bloomberg)
  11. Wells Fargo reports $2.4 billion loss for the quarter, cutting dividend (CNBC)
  12. Citigroup shares rise after bank reports better-than-expected earnings (CNBC)
  13. Robert Shiller warns that urban home prices could decline (CNBC)
  14. Opinion: The No. 1 market-timer of the 1980s and 1990s has this message for today’s buy-and-hold investors (MarketWatch)
  15. Boeing awarded nearly $23B Air Force contract for F-15EX fighter jet program (Fox Business)

Be in the know. 12 key reads for Monday…

  1. Warren Buffett may have bought back more than $5 billion in Berkshire Hathaway stock in recent weeks (Business Insider)
  2. Barron’s Daily: Merger Monday Is Back (Barron’s)
  3. Stocks are resilient because investors have been braced for much worse COVID-19 news, says strategist (MarketWatch)
  4. Pfizer, BioNTech stocks surge after COVID-19 vaccine candidates get Fast Track designation (MarketWatch)
  5. Income rates: How much you need to make to be in the top 1% in every state (USA Today)
  6. Blank-Check Boom Gets Boost From Coronavirus (Wall Street Journal)
  7. Wall Street’s Earnings Forecast: Cloudy With a Chance of Turbulence (Wall Street Journal)
  8. Are Banks Afraid of Covid-19? Watch How Much They Set Aside for Loan Losses This Week (Wall Street Journal)
  9. Bank Earnings: Main Street Blues vs. Wall Street Boom (Wall Street Journal)
  10. Fed’s Support for Corporate Debt Has Been a Wall Street Bonanza (Bloomberg)
  11. These ignored stocks may be poised to rebound (Yahoo! Finance)
  12. Alibaba’s Jack Ma sells $9.6B worth of shares, stake dips to 4.8% (Fox Business)

Be in the know. 15 key reads for Sunday…

  1. Bill Miller on the Classical Value Portfolio (Podcast) (Bloomberg)
  2. Connecticut Bet Big on the Suburbs. That Might Finally Pay Off. (Wall Street Journal)
  3. Fed, Treasury Disagreements Slowed Start of Main Street Lending Program (Wall Street Journal)
  4. People complain that going to the shore is a careless act during a pandemic, but the science so far suggests otherwise. (The Atlantic)
  5. Should Value Investors Buy General Dynamics (GD) Stock? (Insider Monkey)
  6. Kanye West’s Plans for Wyoming Mansion Approved (Architectural Digest)
  7. Kanye West is not running for President…yet (Fortune)
  8. President Trump to introduce executive order on immigration reform (OAN)
  9. This Aston Martin DB5 Comes With a Rear Smoke Screen and Twin Front ‘Machine Guns’ (Maxim)
  10. Mansory Unleashes Carbon Fiber-Bodied 710 HP Ford GT (Maxim)
  11. 2021 Ford Bronco Finally Leaks Ahead of Its Big TV Debut on Monday Night (TheDrive)
  12. Flying Taxis Are Coming. Inside the Scramble to Find Them a Place to Land. (Robb Report)
  13. Welcome to the Czech Republic – Incredible Culture and Stunning Beauty (thelifeofluxury)
  14. How To Build a Treehouse (Popular Mechanics)
  15. Investment banking activity witnessed robust quarter: Thomas B. Michaud (Fox Business)

Be in the know. 20 key reads for Saturday…

  1. Lichtenstein Nude Leads Christie’s $421 Million Live-Stream Auction (Bloomberg)
  2. Wall Street Forges a New Relationship to Data in Coronavirus Age (Bloomberg)
  3. What to expect as banks report earnings: more loan pain but plenty of fee income (MarketWatch)
  4. Hedge Fund Tips Podcast/VideoCast: Cyclicals, The Election and Buffett (ZeroHedge)
  5. Gilead Says New Analysis Suggests Remdesivir Reduces Covid-19 Deaths (Barron’s)
  6. 37 Stocks to Buy for the Second Half of 2020, According to Barron’s Roundtable Experts (Barron’s)
  7. How Barron’s Roundtable Panelists’ 2020 Stock Picks Have Performed So Far This Year (Barron’s)
  8. The Tanger Outlets CEO Thinks Online Shopping Is Overrated. Now He’s Betting on It. (Wall Street Journal)
  9. How to Visit the National Parks Safely in the Summer of Covid-19 (Wall Street Journal)
  10. German Biotech Sees Its Coronavirus Vaccine Ready for Approval by December (Wall Street Journal)
  11. Jair Bolsonaro: The rightwing leader may emerge politically stronger from the pandemic (Financial Times)
  12. Disney World to Reopen as Coronavirus Cases Surge in Florida (Bloomberg)
  13. Goodbye, extra $600: Unemployment benefits won’t exceed former wages in next stimulus bill, Treasury’s Mnuchin says (MarketWatch)
  14. Here’s what Trump’s back-to-work bonus could look like (Fox Business)
  15. Hedge Funds Would Get to Keep Lots of Trades Secret in SEC Plan (Bloomberg)
  16. The latest Corvette is great, but wait until you see what comes next (CNN Business)
  17. Warren Buffett bets big with $10 billion Dominion Energy deal—What it means (CNBC)
  18. Emerging Markets Rally as Economies Reopen in the Second Quarter (Advisor Perspectives)
  19. A contrarian take on recovery prospects (Andreessen Horowitz)
  20. Bill Miller: The Economy, What The Pandemic Has & Has Not Changed (YouTube)

Be in the know. 20 key reads for Friday…

  1. Wells Fargo upgraded to Outperform from Neutral at Baird. (TheFly)
  2. Gilead says remdesivir coronavirus treatment reduces risk of death (CNBC)
  3. Maryland man may be first person successfully vaccinated against COVID-19 (New York Post)
  4. Trump says he’ll wear a mask on trip to Walter Reed medical center (New York Post)
  5. Lumber Prices Rise Sharply Despite Covid-19 (Barron’s)
  6. 2 Bank Stocks Worth a Look Heading Into Earnings (Barron’s)
  7. Wells Fargo Stock Has Potential, Because ‘a Broken Bank Can Be Fixed’ (Barron’s)
  8. Mnuchin wants ‘another round’ of stimulus checks passed this month (New York Post)
  9. 68% Have Antibodies in This Clinic. Can Neighborhood Beat a Next Wave? (New York Times)
  10. Wear a Mask — That’s How We Stop Covid-19 Together (Barron’s)
  11. Walgreens to Cut 4,000 Jobs in U.K. Boots Stores (Wall Street Journal)
  12. Oil Went Below $0. Some Think It Will Rebound to $150 One Day. (Wall Street Journal)
  13. German Biotech Sees Covid-19 Vaccine Ready for Approval by December (Wall Street Journal)
  14. Cruise Ships Still Have Their Fans, Even After Coronavirus (Wall Street Journal)
  15. GM reveals price, features of 2021 Corvette Stingray, including two new colors (USA Today)
  16. These ‘epicenter’ stocks could surge higher, says analyst who called March bottom (Yahoo! Finance)
  17. Natural Gas Is Rebounding. 3 Stocks to Play the Move. (Barron’s)
  18. Fed balance sheet below $7 trillion, repo drops to zero for first time since September (Street Insider)
  19. Wells Fargo preparing to cut thousands of jobs: Bloomberg Law (Street Insider)
  20. Mortgage bailout sees biggest one-week decline, but more borrowers are extending terms (CNBC)

Be in the know. 10 key reads for Thursday…

  1. Wells Fargo Has Potential, Because ‘a Broken Bank Can Be Fixed’ (Barron’s)
  2. Gilead Is Testing an Inhaled Version of Its Covid-19 Drug (Barron’s)
  3. Warren Buffett Gives Another $2.9 Billion to Charity (New York Times)
  4. U.S. Initial Jobless Claims Fell Last Week by More Than Forecast (Bloomberg)
  5. The coronavirus has given investors a ‘once-in-a-lifetime opportunity,’ says hedge-fund billionaire (MarketWatch)
  6. Former Fox News Anchor Shepard Smith Joins CNBC to Host Evening Newscast (Wall Street Journal)
  7. Costco (COST) June U.S. Comps Increase 11% (StreetInsider)
  8. Walmart Forays Into Health Insurance In A Bid To Expand Health Care Offerings (Benzinga)
  9. Fed withdraws from repo market after 10 months (Financial Times)
  10. The AC/DC “Back in Black” Stock Market (and Sentiment Results)…(ZeroHedge)

Be in the know. 15 key reads for Wednesday…

  1. Walgreens stock rises on plans to open 700 primary care practices (MarketWatch)
  2. Banks Could Get $24 Billion in Fees From PPP Loans (Wall Street Journal)
  3. Can Biotechs Make it to the Finish in the Covid-19 Vaccine Race? (Barron’s)
  4. Disney Stock Is Undervalued by Nearly 30%, Analyst Says (Barron’s)
  5. This fascinating chart shows the link between commodity prices and populism (MarketWatch)
  6. Here’s how much money banks earned for distributing PPP funds (New York Post)
  7. Walmart launching a subscription service for less than $100 a year (USA Today)
  8. Chubb’s Pandemic Estimate Could Buffer Insurers (Wall Street Journal)
  9. Homebuyer mortgage demand spikes 33% as rates set another record low (CNBC)
  10. What Wall Street Pros Will Look for This Earnings Season (Bloomberg)
  11. Taylor Morrison shares soar premarket after home builder says June was its best ever sales month (MarketWatch)
  12. Morgan Stanley Sees Multiple COVID-19 Vaccine Makers with Pivotal Data Before Year End, Supporting ‘V’ Shaped Recovery (StreetInsider)
  13. Biogen (BIIB) Completes Submission of BLA to FDA for Aducanumab as Treatment for Alzheimer’s Disease (StreetInsider)
  14. Big economies face surging debt, have time to put house in order, Barclays says (Reuters)
  15. Herd Immunity May Be Closer Than You Think (Wall Street Journal)