Category: What I’m Reading Today

1. Piper remains buyer of Regeneron into rally after good news ‘trifecta’ (TheFly)
2. Saudis to Press OPEC Members for Production Cuts Ahead of Aramco IPO (Wall Street Journal)
3. France Is Europe’s New Economic Growth Engine (Bloomberg)
4. Presidential Cycle Stars Align for Stocks in 2020 (Almanac Trader)
5. SEC gives America Inc a helping hand (Reuters)
6. The $5.7 billion American Dream mall has theme parks, indoor skiing and secret gardens (New York Post)
7. The World Has Gone Mad and the System Is Broken (Ray Dalio)
8. Raymond James 4 Analyst Favorite Health Care Picks (24/7 Wall Street)
9. Germany posted a surprise rebound in manufacturing — the ‘deep recession in German industry may be bottoming out’ (Business Insider)
10. Aston Martin’s Make-Or-Break $189,900 SUV Gamble Starts in China (Bloomberg)

1. Regeneron Earnings Crush Views; Biotech Plans $1 Billion Buyback.  Revenues up 23% yoy, EPS up 13% yoy: (Investor’s Business Daily)
2. Xi Jinping Vows Commitment to Global Trading Order as U.S. Deal Nears (Bloomberg)
3. Top Morgan Stanley fund manager sees stocks rallying another 5% before 2020 (CNBC)
4. Billionaire Leon Cooperman warns Elizabeth Warren is ‘taking the country down a very wrong path’ (Business Insider)
5. Milton Friedman Got Another Big Idea Right (Bloomberg)
6. Wall Street Gets 3-Year Reprieve From SEC on MiFID Compliance (Bloomberg)
7. Fed is open to changing its plan to calm repo markets if necessary, top staffer says (MarketWatch)
8. Kraft Heinz Starts to Pick Up the Pieces (Wall Street Journal)
9. Alibaba Plans to Spend More in 2020. Wall Street Is Cheering. (Barron’s)
10. Natural Gas Soars on Cold-Weather Forecasts (Wall Street Journal)

1. Biotech Value Stocks Climb Out of Their Sick Bed (Wall Street Journal)
2. Trump to Name Texas Cancer Doctor Stephen Hahn to Run FDA (Bloomberg)
3. Ferrari’s Portofino, Superfast sales turbo-charge 2019 outlook (Reuters)
4. Investors may start looking at GE with bull case becoming clearer, says Barclays (The Fly)
5. Macy’s, GameStop, and 15 Other Stocks That Could Be End-of-Year Bargains (Barron’s)
6. U.S., China Signal Progress Toward Initial Trump-Xi Trade Deal (Bloomberg)
7. How Much Oil Does The U.S. Really Own? (Yahoo! Finance)
8. Barron’s Picks And Pans: AbbVie, Alibaba, Fiat Chrysler, Garmin And More (Yahoo! Finance)
9. Earnings Tide Lifts Most Stocks (Wall Street Journal)
10. Hedge Fund Tips – VideoCast Weekly Recap (Hedge Fund Tips)

1. MIB: WSJ’s Greg Zuckerman on Renaissance Technologies (The Big Picture)
2. ECRI Weekly Leading Index Update (Advisor Perspectives)
3. Martin Scorsese’s Epic Funeral for the Gangster Genre (The Atlantic)
4. What’s so super about super foods? (The Economist)
5. How Jim Simons Built the Best Hedge Fund Ever (Bloomberg)
6. Warren Buffett’s Berkshire Hathaway posts big jump in profit (FoxBusiness)
7. How Iran Can Hold the World Oil Market Hostage (CFR)
8. A new study shows that even the poorest immigrants lift themselves up within a generation (VOX)
9. Evaluating lower-for-longer policies: Temporary price-level targeting (Ben Bernanke)
10. The 10 Most Powerful Hedge Fund Managers This Year (Worth)
11. Banksy’s Gross Domestic Product – Croydon, London (Luxuo)
12. Continued Earnings Improvement: Q3 EPS Results (ZeroHedge)

1. What Trade War? Meet The Brilliant Quant Who’s Bullish On China (Forbes)
2. Hedge Fund and Insider Trading News: Jim Simons, Nelson Peltz, Baker Bros. Advisors, Facebook Inc (FB), Covenant Transportation Group, Inc. (CVTI), and More (Insider Monkey)
3. Edward Norton — On Creative Process, Creative Struggle, and Motherless Brooklyn (#393) (Tim Ferriss)
4. U.S. net natural gas exports in first-half 2019 doubles year-ago levels for second year (EIA)
5. How to Bet on China — and Manage the Risks (Barron’s)
6. This ‘Perfect’ Jobs Report Looks Like a Game-Changer (Barron’s)
7. Qorvo Stock Soars After Its 5G Chip Gains Wow the Street (Barron’s)
8. Health-Insurance Stocks Rise as Elizabeth Warren Details Plan for Medicare for All (Barron’s)
9. Investors to Big Oil: Make It Rain (Wall Street Journal)
10. China says it’s reached a consensus in principle with the US during this week’s trade talks (CNBC)
11. Saudi Crown Prince Gives Green Light for Aramco IPO (Bloomberg)
12. How Jim Simons Built the World’s Most Lucrative Black Box (Bloomberg)
13. How to Use Occam’s Razor Without Getting Cut (Farnam Street)
14. The Most Bullish Signal in the World (The Irrelevant Investor)
15. There’s Never Been a Better Time to Be an Individual Investor. Here’s Why (Fortune)
16. Selling Early Is Not The Problem For Legends (Howard Lindzon)
17. The Cirrus Vision Jet Can Now Land Itself With the Push of a Button (Robb Report)
18. Google’s Fitbit purchase could reshape its healthcare ambitions (TechCrunch)
19. SHoP architects tops out slender central park skyscraper, 111 west 57th street (DesignBoom)
20. Merrill Lynch Says 4 Broken 2019 IPOs May Have Huge Potential Upside (24/7 Wall Street)

TOP ARTICLE OF THE WEEK:

The “Three Tenors” Stock Market (and Sentiment Results)…

1. Hedge Funds’ Top Picks Killed The Market in October (Insider Monkey)
2. U.S. adds 128,000 new jobs in October in stronger-than-expected employment report  (MarketWatch)
3. ‘Irishman’s’ Short Window From Big Screen to Small Has Theaters Fuming (New York Times)
4. The “Three Tenors” Stock Market (and Sentiment Results)…(Hedge Fund Tips)
5. Trump says U.S., China to announce new venue to ink trade deal soon (Reuters)
6. Former Fed Chair Alan Greenspan doesn’t expect a recession to arrive anytime soon — and uses one stat to argue his position Business Insider)
7. Kinder Morgan’s co-founder bought millions more in stock (Barron’s)
8. Big Money Poll: Bears Rise to a Two-Decade-Plus High (Barron’s)
9. Hedge Fund Investor Has Tense Flashback to Late 1990s Japan (Bloomberg)
10. Better-Than-Expected Earnings Ease Growth Fears—for Now (Wall Street Journal)
11. U.S. Consumers Stay on a Spending Streak (Wall Street Journal)
12. Alibaba’s Revenue Beat Showcases Resilient Chinese Spending (Bloomberg)

1. How Jim Simons Built the Best Hedge Fund Ever (Bloomberg)
2. The “Three Tenors” Stock Market (and Sentiment Results)…(ZeroHedge)
3. Stocks Are Hitting New Highs. The Yield Curve Might Be the Reason. (Barron’s)
4. Lyft Raises Guidance, Reports Increased Revenue (Wall Street Journal)
5. Mnuchin Says China Deal Is Likely to Be Signed in November (New York Times)
6. Kraft Heinz stock jumps on earnings beat (CNBC)
7. U.S. consumer spending rises moderately, wages flat (Reuters)
8. Exclusive: Beijing could ax extra tariffs on U.S. farm products to boost imports – China trade association chief (Reuters)
9. Two Harvard Twins (No, Not Those Twins) Run One of the World’s Worst BDCs. They’re About to Get Rich. (Institutional Investor)
10. Democrats Just Accidentally Sparked A Federal Fracking Boom (Yahoo! Finance)

1. Stocks Hit Records. Bears Grow More Skeptical. History Says This Is a Good Combo. (Barron’s)
2. Incoming ECB President Lagarde says big European countries aren’t spending enough: report (MarketWatch)
3. Experts Talk Hot Biotech Stocks at Barron’s Breakfast (Barron’s)
4. Big Money Poll: Bears Rise to a Two-Decade-Plus High (Barron’s)
5. RPT-Ex-FDA chief Gottlieb sees investment opportunity in ‘unloved’ antibiotics (Reuters)
6. Here’s how the stock market tends to perform after the Fed cuts interest rates 3 times in a row (MarketWatch)
7. Amazon Turns to More Free Grocery Delivery to Lift Food Sales (New York Times)
8. Chasing Unlimited Energy With the World’s Largest Fusion Reactor (Bloomberg)
9. General Electric (GE) Tops Q3 EPS by 4c, Offers FY Guidance (StreetInsider)
10. Natural-Gas Prices Jump as Producers Promise Restraint (Wall Street Journal)

1. Stock Market Record Surprises Skeptics Yet Again (New York Times)
2. The Always Exhilarating, Sometimes Lucrative Lives of Brexit Currency Traders (Bloomberg)
3. 5,000 Tesla Model 3 Owners Tell Us What Elon Musk Got Right and Wrong (Bloomberg)
4. ConocoPhillips Profit Beats Estimates as Shale Oil Output Gains (Bloomberg)
5. The market will drop 25% if Warren wins the election, says hedge fund legend Paul Tudor Jones (CNBC)
6. Are Electric Cars Good for the Environment? (ZeroHedge)
7. Pfizer (PFE) Tops Q3 EPS by 13c, Raises FY Guidance (StreetInsider)
8. China’s factory activity seen contracting for sixth month on trade pressure: Reuters poll (Reuters)
9. Kellogg profit beats on higher demand for snacks, frozen foods (Yahoo! Finance)
10. A Wealth Tax Is Simply Un-American (Yahoo! Finance)

1. What’s in a Deal? The Brexit Extension’s Key Points Summarized (Bloomberg)
2. RBC Has 4 E&P Energy Stocks to Buy With at Least 50% Implied Upside (24/7 Wall Street)
3. Eddie Murphy is Back and Oscar-Bound (hasn’t lost a step):  (Vanity Fair)
4. ISIS Leader al-Baghdadi Is Dead, Trump Says (New York Times)
5. Tesla’s solar-roof sales will grow ‘like kelp on steroids,’ Musk vows (MarketWatch)