Category: What I’m Reading Today

1. Potential positive for Drug Stocks: Trump took 3 big losses on healthcare this week, and the losing streak probably isn’t going to end anytime soon (Business Insider)
2. Trump sees slowing Chinese growth pressuring Beijing on trade (Reuters)
3. Health companies start reporting earnings next week: Here are 3 things to keep in mind (MarketWatch)
4. Gilead (GILD) Expands Collaboration with Galapagos (GLPG), Raises Stake to 22% (StreetInsider)
5. Warren Buffett to MBA students: This is what ‘sets apart a big winner from the rest of the pack’ (CNBC)
6. The Space Economy Is Starting to Take Shape 50 Years After the Moon Landing (Barron’s)
7. Manufacturers Move Supply Chains Out of China (Wall Street Journal)
8. JPMorgan, Wells Fargo, Citigroup, Goldman Sachs and More Major Financial Earnings This Week (24/7 Wall Street)

1. Meet the A.I. Landlord That’s Building a Single-Family-Home Empire (Fortune)
2. From a Track-Only Ford GT to De Tomaso’s Return, 5 Standout Cars at the 2019 Goodwood Festival of Speed (Robb Report)
3. Football Legend Joe Montana Lists Sonoma Estate for $28.9 Million (Architectural Digest)
4. John Legend on Fatherhood, How to Handle Failure, and Essential Albums Everyone Should Listen To (Men’s Journal)
5. Floyd Mayweather Literally Laughs at Idea of Conor McGregor Rematch (Maxim)
6. Jim Cramer: Save the Bubble Talk for the Bath (TheStreet)
7. Kanye’s Second Coming: Inside The Billion-Dollar Yeezy Empire ()
8. Episode 926: So, Should We Recycle? (NPR Planet Money)
9. This Warby Parker Co-Founder’s Next Startup Set Out to Beat a Razor Giant. 6 Years Later, He Sold Harry’s for $1.3 Billion (Inc.)
10. Teucrium Trading’s Sal Gilbertie Talks Tariffs, Climate Change and American Farming (Worth)
11. Barry Production Shut-Ins Exceeding LNG Disruptions as Natural Gas Futures Rally (Natural Gas Intel)
12. Embezzelcoin ( Ed’s Blog)
13. The De Tomaso P72 GT is what happens when a Classic 60s Supercar is Designed Today (Luxuo)

 

 

1. Why now is the time to buy bank stocks (Yahoo! Finance)
2. Fed’s Evans Sees Two Rate Cuts Needed This Year (Wall Street Journal)
3. The Hottest Hands in Hedge Funds (Institutional Investor)
4. Hedge Fund Investor Letters 2019 Q2 (Insider Monkey)
5. This Pharma Company Is Set to Begin HIV Vaccine Trials ()
6. Sisters of Swing (Vanity Fair)
7. July Macro Update: Housing Remains The Weakest Link (The Fat Pitch)
8. These are the stocks Wall Street analysts believe will lead the Dow to 28,000 (CNBC)
9. Fly Intel: What to watch in first round of big bank earnings reports (TheFly)
10. 2019 Midyear Roundtable: Where to Find Value Now (Barron’s)
11. FTC approves roughly $5B privacy settlement with Facebook (TheFly)
12. Mario Gabelli on the Charms of Trucks, Farm Equipment and the Atlanta Braves (Barron’s)
13. J&J earnings preview: Wall Street is still optimistic despite company’s legal issues (MarketWatch)
14. The Shale Boom in the Permian Is Slowing Down (Bloomberg)
15. You Can Now Buy A 2020 Camaro With A Whopping 1,000 Horsepower, But There’s A Catch (Forbes)

 

1. Expectations are low for bank earnings but investors say ‘buy’ (Reuters)
2. Delta, Walgreens, and Fastenal Raise Their Dividends (Barron’s)
3. 5 Stocks Poised to Raise Their Dividends Next Week (Barron’s)
4. Deutsche Bank gets its first broker upgrade after mass restructure (CNBC)
5. Japan cryptocurrency exchange loses $32 million of virtual money (New York Post)
6. Trump says cryptocurrencies are too volatile, based on ‘thin air’ (New York Post)
7. Massive Gamble on Soy Hoarding Pays Off for America’s Farmers (Bloomberg)

 

1. Fed’s Bullard expects a total of a half-point ‘insurance’ rate cut by year end, largely owed to trade jitters (MarketWatch)
2. When the Fed cuts rates without a recession, stocks go higher 100% of the time (CNBC)
3. 4 habits that self-made billionaires practice nearly every day (MarketWatch)
4. Here’s how many points a U.S.-China trade deal is worth to the S&P 500, according to J.P. Morgan’s top strategist (MarketWatch)
5. Going to check this out on Saturday: Zero to 60 on 250 Kilowatts (in a Zippy 2.8 Seconds) (New York Times)
6. Alibaba Stock Will Benefit from Strong Consumer Spending in China (Barron’s)
7. The Best Offense May Be Great Defense Stocks: 5 Top Picks to Buy Now (24/7 Wall Street)
8. White House kills rule aimed at ending Medicare drug rebates (StreetInsider)
9. Boris Johnson says he finds it ‘hard to disagree’ with Trump’s attack on May (Business Insider)
10. Mnuchin urges US suppliers to seek approval to resume selling to blacklisted Huawei, new report claims (Business Insider)
11. France approves digital tax on American tech giants, defying US trade threat (CNBC)
12. Rice Brothers Win Control of EQT (Wall Street Journal)

1. Fed chief likely to focus on trade-inspired policy shift in testimony (Reuters)
2. China’s 2019 growth seen slowing to 6.2% as trade war weighs (Reuters)
3. Banks should shine among S&P 500 stocks this earnings season (MarketWatch)
4. Many Top Pharma & Biotechs Rise as Drug Price Disclosure Thrown Out ()
5. Wall Street Unbound: Old Shackles Quietly Disappear Under Trump (Bloomberg)
6. The last time Boeing did this, it surged 50% (CNBC)
7. Investors Might Be Underpricing Draghi’s Desire for a July Move (Bloomberg)
8. The New Deutsche Bank Might Actually Be Better (Bloomberg)
9. Trump’s Concern About Strengthening Dollar Shows Up in Fed Interviews (Bloomberg)
10. IBM Bets $34 Billion That Red Hat Can Help It Catch Amazon and Microsoft (New York Times)
11. Peak Pessimism? Oil Stocks Are Hitting Unfortunate New Milestones (Barron’s)

1.  Health care is one of the stock market’s healthiest sectors right now (MarketWatch)
2. U.S., China to relaunch talks with little changed since deal fell apart (Reuters)
3. Exclusive: Russian output falls to three-year low as oil rivals clash (Reuters)
4. Hedge Funds Post Best First Half in Decade (Bloomberg)
5. PepsiCo earnings top estimates on strong snack and beverage sales, backs 2019 forecast (CNBC)
6. Boeing’s Grounded 737 Max — The Story So Far (Bloomberg)
7. Richard Branson’s Virgin Galactic will take tourists to space. Now it’s set to go public (USA Today)
8. Intellectual content tops menu at Sun Valley billionaires camp (New York Post)

Cartoon: Rainer Hachfeld

1. Hedge funds chart course through ‘IMO 2020’ storm (Reuters)
2. The U.S. Is Overflowing With Natural Gas. Not Everyone Can Get It. (Wall Street Journal)
3. Iran’s Oil Output Plunges to More Than Three-Decade Low (Bloomberg)
4. BlackRock sees economic outlook worsening for the second half, but stocks doing well anyway (CNBC)
5. It’s Never Going to Be Perfect, So Just Get It Done (New York Times)
6. Instagram Turns Obscure U.S. Sights Into Social-Media Destinations (Wall Street Journal)
7. Where to Invest When the Fed Cuts Rates (Wall Street Journal)

 

1. Bank Stock Dividends Are Getting Bigger. Much Bigger. (Barron’s)
2. Habits vs. Goals: A Look at the Benefits of a Systematic Approach to Life (Farnam Street)
3. Plan on More Pharma Megamergers ()
4. How the U.S. Secret Service Works (howstuffworks)
5. Inside the Geeky, Quirky, and Wildly Successful World of Quant Shop Two Sigma (Institutional Investor)
6. They Told Me to Get an MBA. I Started a Billion-Dollar Company Instead (Inc.)
7. Deutsche Bank is about to undergo its biggest restructuring ever. Here’s what we know about what’s going on at the German bank. (Business Insider)
8. The Lamborghini SC18 Alston is an 800-hp, one-off wonder (CNET)
9. Iran, the Strait of Hormuz, and the Ever-Complex Geopolitics of Oil (Council on Foreign Relations)
10. A look at the assets and liabilities of the American colonies on the eve of revolution. (NPR Planet Money)
11. A Timeless History of the Swatch Watch (MentalFloss)
12. Rio is a riot in the early hours (Economist)
13. The Next Phase of Trump’s Trade War with China (Project Syndicate)
14. New Method for Tackling Stroke Restrains an Overactive Immune System (Scientific American)
15. The Best Sandwich in Every State and Washington, D.C. (People)
16. Seinfeld Sails on a Segway in New Trailer for ‘Comedians in Cars Getting Coffee (RollingStone)
17. Ray Dalio says anyone who wants to understand today’s world should read this 32-year-old book about empires (Business Insider)
18. Bill Gates Just Revealed the 1 Eye-Opening Thing Steve Jobs Had That He Didn’t (Clue: It’s Not Creativity) (Inc.)
19. Before-and-after photos show dramatic differences in presidents and first families after time spent in White House (Business Insider)
20. OPEC output hits new low on Trump’s sanctions, supply pact (Arab News)

1. 5 Beaten-Down Stocks Worth Considering (TheStreet)
2. No one is writing about this: Perspective…(ZeroHedge)
3. 11 Cheap Stocks to Buy as the Market Hits New Highs (Barron’s)
4. How to Invest at Every Age: Cramer’s ‘Mad Money’ Recap (Friday 7/5/19) (TheStreet)
5. A Physicist and His Son Are 3D-Printing a Full-Scale Lamborghini (Futurism)
6. Taylor Swift, the Universal Backlot Fire, and Why Masters Are the Next Battleground in Music (Vanity Fair)
7. Ford will sell a $1.2 million supercar that won’t be street-legal (CNN)
8. Kudlow says Fed should ‘take back’ interest-rate hike (MarketWatch)
9. Civilians (The Reformed Broker)
10. Mortgage rates haven’t been this low since 2016 — here’s how to decide whether to refinance your home loan (MarketWatch)
11. Get National Fried Chicken Day deals (USA Today)
12. Strong Jobs Report Eases Fears of Damage From Trade War (New York Times)
13. Aston Martin CEO Woos Investors With Supercars at Goodwood Gala (Bloomberg)
14. Fast-Track Drug Approval, Designed for Emergencies, Is Now Routine (Wall Street Journal)
15. 5 Mediterranean Islands the Tourist Mobs Haven’t Invaded Yet (Wall Street Journal)
16. How to Have the Ultimate Summer Lake Day (Men’s Journal)
17. Hsieh Su-wei Is a Lock No One Can Quite Pick (New York Times)
18. We Test Drove the Majestic McLaren 600LT Supercar on the Sunset Strip (Maxim)
19. Hedge Fund and Insider Trading News: Renaissance Technologies, Bain Capital, BridgeBio Pharma Inc (BBIO), Carnival Corp (CCL), and More ()
20. Credit Suisse Best Ideas List Still Has 50% Implied Upside for 8 Stocks (24/7 Wall Street)