Category: What I’m Reading Today

Be in the know. 21 key reads for Monday…

  1. These Beaten-Down Dividend Stocks Could Pop Soon. Watch This Week’s Inflation Report. (barrons)
  2. It Isn’t Just Big Tech Propelling Gains in the Stock Market Anymore (wsj)
  3. China’s 5% Growth Goal Bets on New Demand Drivers (bloomberg)
  4. Nikkei Plunges As Yen Soars Ahead Of BOJ Policy Change (zerohedge)
  5. Jamie Dimon and Ray Dalio Warned of an Economic Disaster That Never Came. What Now? (wsj)
  6. Citigroup CEO Jane Fraser will have to pull off the restructuring of the century to bring banking empire back to its former glory (nypost)
  7. Weight-loss drug Wegovy approved by FDA to cut heart attack, stroke risk (nypost)
  8. Best and worst moments of Oscars 2024: From a naked John Cena, ‘Barbenheimer’ and more (nypost)
  9. Oscars 2024: A Big Night for ‘Oppenheimer’ (wsj)
  10. Stock Buybacks To Top $1 Trillion In 2025, Goldman Says, Led By These Giants (investors)
  11. BofA Says Tech Stocks Post Largest Weekly Outflows on Record (bloomberg)
  12. The Stock Market’s Rapid Rise Is Making Some Analysts Nervous. An Opportunity Could Be Ahead. (barrons)
  13. Candlesticks and supernovas: This is why action in Nvidia is a worry for market gazers (marketwatch)
  14. The ‘Magnificent Seven’ stocks are actually undervalued vs. the rest of the market, JPMorgan says (marketwatch)
  15. Beware the Frothy AI Frenzy (wsj)
  16. Fed Officials to Signal Interest Rate Cuts Are Getting Closer (bloomberg)
  17. One of the Most Infamous Trades on Wall Street Is Roaring Back (bloomberg)
  18. Brazilian Growers Go Bust in Blow to $7 Billion Farm-Credit Boom (bloomberg)
  19. Why stocks don’t need Fed rate cuts to keep soaring in 2024 (businessinsider)
  20. Eighty Percent of the World’s Stock Options Aren’t Traded Where You Think (wsj)
  21. Chinese Stocks Sustain Momentum During Annual Political Event (bloomberg)

Be in the know. 25 key reads for Sunday…

  1. What Is the Mystery Warren Buffett Stock? (morningstar)
  2. Winners and Losers From Full Swing Season Two (mygolfspy)
  3. Big Picture: private sector financial health excellent (scottgrannis)
  4. The ICE St. Moritz Is The Word’s Coolest Classic Car Show (maxim)
  5. 10 Cheap Dividend-Growth Stocks to Buy (morningstar)
  6. The 10 Most Captivating Quotes From Full Swing Season Two (mygolfspy)
  7. Are We in a Stock Market Bubble? (Ray Dalio)
  8. Could Value Stocks Finally Outperform Growth Stocks in 2024? (internationalbanker)
  9. Three Timeless Investment Lessons From Warren Buffett’s Annual Letter (forbes)
  10. US value stocks draw bargain hunters while AI fever rages (investing)
  11. Oakmark’s Bill Nygren: Here’s why now is a really exciting time for value investors (cnbc)
  12. 7 Top-Performing Stocks to Buy Now (morningstar)
  13. Undervalued by 17% and Yielding More Than 4%, This Dividend Stock Is a Buy (morningstar)
  14. 3 of the Best Contrarian Investments Today (morningstar)
  15. Inside the Massive Repair Shops Where Subway Cars Go for a Makeover (nytimes)
  16. Bearish Engulfing Pattern Marks Top For NVDA? (stockcharts)
  17. This Billionaire Investor Takes Advice From Usher (forbes)
  18. First Look: Every Formula 1 Car Racing in 2024 (robbreport)
  19. First Drive: The McLaren 750S Is a Well-Mannered Supercar With a Wild Side—and Some Flaws (robbreport)
  20. This Ultra-Rare Ferrari Is One of the Most Desirable Dinos Ever Built. It’s Now up for Grabs. (robbreport)
  21. Lotus Emira Buyers are Finally Getting Their Cars After Years-Long Emissions Holdup (thedrive)
  22. Alibaba adds fresh AI startup to its investing portfolio amid increasing bets in the sector (technode)
  23. Is dynamic pricing coming to a supermarket near you? (npr)
  24. Inside the Making of Drive to Survive, Netflix’s Still-Booming Formula 1 Hit (gq)
  25. The EV slowdown has already hit Tesla, Rivian, and others. These stocks are also casualties. (yahoo)

Be in the know. 30 key reads for Saturday…

  1. Jamie Dimon and Ray Dalio Warned of an Economic Disaster That Never Came. What Now? (wsj)
  2. Jack Ma, the founder of Alibaba, is back in the public eye after a hiatus. Here’s how the Alibaba and Ant Group founder got started and amassed a huge fortune. (businessinsider)
  3. Chinese Consumer Prices Edge Higher, Break Four-Month Slide (wsj)
  4. Regional Bank Stocks Could Be the Next Hot Play. Here’s Why. (barrons)
  5. Walt Disney Stock Is Set to Rise on Growth and Lower Costs (barrons)
  6. Nvidia Sheds $128 Billion in Market Cap, Its Largest Drop on Record (barrons)
  7. Fundstrat’s Tom Lee sees opportunities in small-caps this year (cnbc)
  8. Fed will cut rates four times this year, says Goldman Sachs’ Jan Hatzius (cnbc)
  9. JPMorgan’s Kelly: Friday’s jobs report is ‘very good news’ as immigration fills unemployment gap (cnbc)
  10. Wells Fargo’s Mike Mayo on why Citi is his top bank stock pick (cnbc)
  11. Alibaba pushes AI tools to merchants wanting to tap overseas markets (scmp)
  12. Alipay, WeChat Pay ease the way for foreign travellers to make payments in China (scmp)
  13. Hong Kong sees 30% more IPO applicants, HKEX CEO Bonnie Chan says (scmp)
  14. ‘Curb’ Fans Are Pretty, Pretty Good at Unleashing Their Inner Larry David (wsj)
  15. US Jobless Rate Hits Two-Year High Even as Hiring Stays Strong (bloomberg)
  16. Nvidia Heads to Biggest Drop Since August After 19% Six-Day Gain (bloomberg)
  17. Family offices have tripled since 2019, creating a new gold rush on Wall Street (cnbc)
  18. China doubles down on manufacturing, leaving real estate behind (cnbc)
  19. Watch This Number to Figure Out When the Fed Will Cut Rates (barrons)
  20. Wegovy and Zepbound Are King. Who’s Coming for Their Crowns. (barrons)
  21. Hiring Boom Continues, but Signs of a Cooling Labor Market Boost Rate-Cut Hopes (wsj)
  22. A $400 Million Bet Says This Is the Mall of the Future (wsj)
  23. Weight-loss drug Wegovy approved by FDA to cut heart attack, stroke risk (nypost)
  24. Central bankers see victory within reach in push to tame inflation (ft)
  25. Instagram overtakes TikTok in app downloads in race for new users (ft)
  26. Nvidia Is the Latest Shiny Object to Spur Stocks to New Heights (bloomberg)
  27. Powell Says US Banking System Can Withstand Commercial Real Estate Threats (bloomberg)
  28. 3 reasons why stocks will continue to set new records highs, according to Fundstrat (businessinsider)
  29. 2 signals suggest breadth in the stock market is healthy despite mega-cap tech dominance (businessinsider)
  30. Disney+ is bundling with Hulu, cracking down on passwords: What you need to know (usetoday)

Be in the know. 20 key reads for Friday…

  1. The mysterious rise of the Chinese ecommerce giant behind Temu. “The tale told by those incredible numbers is a mystery that raises more questions than it answers.  Based on the transaction fee rate PDD reported in 2021, that would suggest an improbable level of activity, making the PDD ecosystem twice the size of Alibaba and on a par with the $2.2tn annual output of the Italian economy.  (ft)
  2. BofA Says Tech Stocks Post Largest Weekly Outflows on Record (bloomberg)
  3. These companies are finally making real money from AI (marketwatch)
  4. Stocks are taking the elevator up and the escalator down, which is very unusual (marketwatch)
  5. Nvidia’s stock continues to hit new highs. Why that may be ‘a bit unhealthy.’ (marketwatch)
  6. Jerome Powell Testifies Before Senate Banking Committee (bloomberg)
  7. Fed Is ‘Not Far’ From Confidence Needed to Cut Rates, Powell Says (bloomberg)
  8. China to Mobilize Nation as It Fights US for Tech Supremacy (bloomberg)
  9. Ken Griffin, Rudin and Vornado to Spend $78M for Air Rights Above Historic Cathedral (commercialobserver)
  10. Instagram overtakes TikTok in app downloads in race for new users (ft)
  11. Cliff Asness: AI is ‘still just statistics’ (ft)
  12. Cathie Wood Has Fears for Nvidia. She’s Not Alone. (barrons)
  13. Strong Jobs Growth Won’t Slow the Fed’s Rate Cut Plans (barrons)
  14. Buy the pound, Bank of America says, as U.K. currency hits seven-month high (marketwatch)
  15. Dollar skid vs. yen continues as report says BOJ hike may come this month (marketwatch)
  16. Technical Analysts Are Getting Nervous. How to Play the Looming Drop. (barrons)
  17. This isn’t a bull market — it’s a ‘duck’ market. Here’s why. (marketwatch)
  18. Here’s what 100 years of history shows about periods of extreme market concentration, according to Goldman Sachs (marketwatch)
  19. February gains exceed expectations; jobless rate ticks up to 3.9% (wsj)
  20. Cruises Are More Popular Than Ever—and Investors Are Late to the Party (wsj)

Be in the know. 18 key reads for Thursday…

  1. China Scrutinizes Bond Buying at Smaller Banks (bloomberg)
  2. China’s exports and imports beat estimates for first 2 months, signaling improving demand (marketwatch)
  3. China Export Growth Jumps as Nation Looks to Bolster Demand (bloomberg)
  4. Why China’s Property Downturn Has a Silver Lining for Consumption (bloomberg)
  5. Ford sales jump 10.5% in February, led by gains in hybrids and EVs (cnbc)
  6. Steven Mnuchin Backs New York Community Bank in $1 Billion Deal (nytimes)
  7. US Stock Buybacks to Hit $1 Trillion in 2025, Goldman Says (bloomberg)
  8. Interest Rates Will Do a “Slow Dance Downward,” This Economist Predicts (barrons)
  9. Jerome Powell Says Fed on Track to Cut Rates This Year (wsj)
  10. Chinese Officials Say Exports Are Strong but Hint at More Stimulus (wsj)
  11. TikTok Parent ByteDance Launches New Share Buyback After Rise in Revenue (wsj)
  12. ECB Interest Rates Held as Weaker Inflation Raises Prospect of Cuts (bloomberg)
  13. McLaren Racing Sees Every F1 Team Worth More Than £1 Billion (bloomberg)
  14. Discounted small-cap stocks ‘poised to outperform large-caps’ – UBS (streetinsider)
  15. Goldman raises 2024 S&P 500 buyback projections, unveils 2025 forecast (streetinsider)
  16. BofA after Powell’s testimony: June still ‘reasonable’ for the first rate cut (streetinsider)
  17. China vows to crack down on market manipulators (bloomberg)
  18. Everyone Knows That Chewy Sells Pet Food and Toys. But the Company Just Started Addressing an $11.5 Billion Market That You Might Not Expect. (fool)

Be in the know. 16 key reads for Wednesday…

  1. Thomas Hayes: The narrative of the market has been AI and Bitcoin (foxbusiness)
  2. Fed Chair Powell Reiterates Hawkish Stance Ahead Of ‘Humphrey Hawkins’ Testimony (zerohedge)
  3. Jim Cramer hits the charts to predict if there’s stormy weather ahead for the averages (cnbc)
  4. China’s Xi Jinping summons ‘new productive forces’, but old questions linger (reuters)
  5. China Defends 5% Growth Target, Hints at Liquidity Boost (bloomberg)
  6. China’s central bank governor says there’s room to cut banks’ reserve requirements (cnbc)
  7. China’s top securities regulator vows to ‘strictly’ crack down on market manipulators (cnbc)
  8. China Stock Watchdog Vows Action at Times of ‘Market Failures’ (bloomberg)
  9. com Surges on Earnings (barrons)
  10. Patients Lose Access to Weight-Loss Drugs as Employers Stop Coverage (wsj)
  11. Dodge announces first electric muscle car in Charger lineup (foxbusiness)
  12. Jim Cramer hits the charts to predict if there’s stormy weather ahead for the averages (cnbc)
  13. Fed’s Powell still expects rate cuts, but inflation progress “not assured” (reuters)
  14. Alphabet’s AI Missteps Are Opportunity For One Fund Manager (bloomberg)
  15. Commercial real estate fears are overblown, and mortgage bonds show the sector is poised to recover, portfolio manager says (businessinsider)
  16. Bullish tech bets are at the highest in 3 years as market looks ‘increasingly one-sided,’ Citi says (businessinsider)

Be in the know. 18 key reads for Tuesday

  1. China Sets Ambitious Growth Target Amid Push to Boost Confidence (bloomberg)
  2. Alibaba tests new generative AI tools for merchants on Taobao and Tmall (scmp)
  3. China Needs ‘Forceful’ Measures to Hit 5% GDP Target, Funds Say (bloomberg)
  4. JPMorgan Sees ‘Froth’ in US Stocks, While Goldman Says Rally Justified (bloomberg)
  5. Disney’s Activist Investor Publishes Plan to ‘Restore the Magic’ (bloomberg)
  6. Car Auctions Top $180 Million With Bugattis, Ferraris, $12 Million Mercedes (bloomberg)
  7. China to Refine Real Estate Policies to Support Ailing Sector (bloomberg)
  8. China Says It Will Defuse Financial Risks at Its Top Legislative Meeting (bloomberg)
  9. Citi Says Bullish Bets on US Tech Stocks Are at Three-Year High (bloomberg)
  10. China Sets High Bar for Growth—and Turns to an Old Crisis Playbook (wsj)
  11. LIV Fires a New Shot at the Golf Establishment (wsj)
  12. America Is Swimming in Sauce (wsj)
  13. Proposals like the one submitted by Zhou signal that policymakers are actively discussing how to boost the platform economy, analysts say (scmp)
  14. China to Unleash More Stimulus Following Two Sessions: ICBC (bloomberg)
  15. China sets 2024 economic targets: Here’s what to know (cnbc)
  16. Regional banks will need to consolidate unless the Fed cuts rates aggressively, says Barry Knapp (cnbc)
  17. Disney shareholders could cash in as investors offer money for their votes amid a bruising proxy battle (businessinsider)
  18. The upcoming inflation report could spark the stock market’s next big sell-off, Fundstrat says (businessinsider)

Be in the know. 21 key reads for Monday…

  1. Opinion: Nervous about the U.S. market at all-time highs? Buy China stocks (marketwatch)
  2. Big Tech-Led Rally Is Unlike Past Bubbles, Goldman Strategists Say (bloomberg)
  3. US Stocks Amped Up by Big Tech, Better-Than-Expected Earnings (bloomberg)
  4. China’s Economy Tops the Policy Agenda (barrons)
  5. Goldman Sachs Has 3 New Staple Stock Favorites (barrons)
  6. Bank of America boosts S&P 500 target to 5,400. Here’s how it got there. (marketwatch)
  7. ‘Free Fire’ parent Sea’s stock soars after revenue beat amid e-commerce strength (marketwatch)
  8. Bank of America boosts S&P 500 target to 5,400. Here’s how it got there. (marketwatch)
  9. Nvidia Surge Stokes Talk of a Bubble (wsj)
  10. ‘Dune: Part Two’ Draws Large Audiences (nytimes)
  11. The hockey brawl that changed the NHL forever, as told by those who fought in it (theathletic)
  12. Why Britain Is Struggling With Nuclear Power (nytimes)
  13. Carl Icahn Returns to His Activist Roots With New Investments (bloomberg)
  14. What 6 Wall Street commentators say AI will do for stocks and the economy (businessinsider)
  15. China Cuts Premier Briefing; GDP Target Upcoming: NPC Highlights (bloomberg)
  16. No Chips, No Problem: China Is Dropping Cash Vouchers Worth $280K To Ramp Up Its AI Dreams (benzinga)
  17. Tech delegates call for home-made chip and AI advances at China’s ‘two sessions’ (scmp)
  18. BABA Reportedly Leads New Round of Financing for MiniMax (aastocks)
  19. Investors eye Beijing on stimulus as China holds annual parliamentary meeting (cnbc)
  20. New York Community Bank’s issues are name-specific, not industry-wide, says Anton Schutz (cnbc)
  21. The radical changes coming to the world’s biggest bond market (ft)

Be in the know. 30 key reads for Sunday…

  1. A Trader’s Guide on What to Watch at China’s Policy Meeting. Potential beneficiaries include consumption and tech stocks. (bloomberg)
  2. 2 Under-Performing Stock Market Indices Eye Fibonacci Breakouts (kimblechartingsolutions)
  3. Israel has ‘basically signed on’ to a ceasefire, US official says (ft)
  4. It’s Me, Hi, I’m the Problem. I’m 33. (nytimes)
  5. OPEC+ Agrees to Extend Supply Curbs to End of Q2: Delegates (bloomberg)
  6. Ozempic is coming for gyms. Here’s how they’re responding (cnn)
  7. The United States remained the largest liquefied natural gas supplier to Europe in 2023 (eia)
  8. Tom Gayner 2023 Annual Shareholder Letter (Markel)
  9. Michael Mauboussin on increasing returns to scale (ft)
  10. Corporate Ozempic (profgalloway)
  11. The 10 Best Companies to Invest in Now (morningstar)
  12. Ex-2020 S&P 500 Flatter Election Year March (almanactrader)
  13. Rolls-Royce Unveils The Arcadia Droptail: A Coachbuild Commission (forbes)
  14. Decabillionaire Dynasties: These Are The Richest Families In America (forbes)
  15. Michigan Consumer Sentiment Moves Sideways in February (advisorperspectives)
  16. The Classic Ferrari Testarossa Is More Coveted Than Ever (maxim)
  17. Elon Musk Says New Tesla Roadster Will Actually ‘Fly’—And Hit 60 MPH In Under 1 Second (maxim)
  18. What It’s Like to Staff the Home of a Billionaire (thecut)
  19. Meet Europe’s answer to the ‘Magnificent 7’—the high-flying ‘Granolas’ that Goldman Sachs is betting will prosper in the continent’s flatlining economy (fortune)
  20. Bugatti Just Unveiled a New V-16 Engine for Its Next Hypercar (robbreport)
  21. 15 Most Beautiful Cities in Europe That Everyone Should See Once (architecturaldigest)
  22. Biltmore Estate: Everything to Know About America’s Largest Home (architecturaldigest)
  23. Nubank CEO dishes on the neobank’s profit surge and how tourist VCs in LatAm have gone home (techcrunch)
  24. Alibaba co-founder Joe Tsai declares company is “back” as top player (technode)
  25. How to master the art of small talk (vox)
  26. Wendy’s pricing mind trick and other indicators of the week (npr)
  27. Dumb Money Almost Back To Even, Making The Same Mistakes (ria)
  28. How Stephen Curry Built a Billion-Dollar Business Empire (inc)
  29. Would You Pass the Larry David Litmus Test? (townandcountrymag)
  30. Max Verstappen Runs Perfect Race, Wins F1 Season Opener at Bahrain (roadandtrack)

 

Be in the know. 10 key reads for Saturday…

  1. China’s Coming ‘Two Sessions’ Put Plans to Jumpstart Economy in the Spotlight (wsj)
  2. How Larry Culp Saved GE by Breaking It Up (barrons)
  3. Ozempic Could Power the Nation’s GDP, Goldman Says (barrons)
  4. UPS Stock Failed to Deliver in 2023. Now It’s Time to Buy. (barrons)
  5. The Friendship With Warren Buffett That Led to Her $1 Billion Donation (wsj)
  6. Nvidia CEO predicts AI will be able to pass ‘every single test’ in five years, as firm hits $2T milestone (nypost)
  7. Gaza Cease-Fire Talks to Resume in Egypt on Sunday, Reuters Says (bloomberg)
  8. Eurozone Inflation, at 2.6%, Continues to Ease (nytimes)
  9. David Snyderman on Specialty Finance and Data in Investing (bloomberg)
  10. Guggenheim’s Millstein Says US Banks Are Sound Amid NYCB Tumult (bloomberg)