Be in the know. 10 key reads for Friday…

  1. Dollar Is Set for Worst Year Since 2020 (bloomberg)
  2. com, Alibaba’s Taobao push ‘refund only’ policy to rival Pinduoduo’s strategy (scmp)
  3. Yuan Seen Rising Versus Dollar in 2024 as Capital Outflows Ease (bloomberg)
  4. Investing opportunities in 2024 will be in relative value, small and mid caps: Thomas Hayes (foxbusiness)
  5. 2024 Outlook: 8+ Experts Close The Door On 2023 (benzinga)
  6. China’s Richest Provinces Promise to Take Lead in Driving Growth (bloomberg)
  7. Everything Wall Street Got Wrong in 2023 (bloomberg)
  8. The Biggest Losers in S&P 500 This Year: Dollar General, Moderna, and More (barrons)
  9. Russell 2000 on pace for its best December in history (marketwatch)
  10. A recession isn’t expected next year, says Carson’s Ryan Detrick (cnbc)

Be in the know. 22 key reads for Thursday…

  1. Year-End China Stocks Rally Takes Hold as Foreign Funds Pile In (bloomberg)
  2. Dividend Stocks: 3M Hits Buy Point With Dividend Set To Climb For 65th Straight Year (yahoo)
  3. Brad Jacobs Plans to Make Billions in the Building Supply Industry (bloomberg)
  4. Investing for Growth Future Review Alibaba’s 5 Major Themes in 2023 (alibabanews)
  5. Small-cap stocks are nearing a ‘golden cross’ as year-end rally heats up (marketwatch)
  6. This Vaccine Maker’s Stock Is Worth Owning (barrons)
  7. Tencent Buys the Dip as Online Gaming Regulators Scramble (chinalastnight)
  8. Traders that fueled stock-market rally are now nearly tapped out, Goldman says (marketwatch)
  9. 2024 Could Be a Winner for Oil, Gas, and Gold (barrons)
  10. A Wave of Corporate Refinancings Is Coming. This Time, It Won’t Lead to Layoffs. (barrons)
  11. Equalweight S&P 500 and handful of key market gauges at or near ‘golden cross’ (marketwatch)
  12. 20 midcap stocks with 2024 upside ranging up to 62%, according to analysts (marketwatch)
  13. 20 favorite small-cap stocks for 2024 among Wall Street analysts (marketwatch)
  14. How Electric Vehicles Are Losing Momentum with U.S. Buyers, in Charts (wsj)
  15. Santa Might Have One Last Gift for Investors (wsj)
  16. Will China Ease Its New Video Game Controls? Investors Think So. (nytimes)
  17. The Water Trade Is Booming — and Sucking Australia Dry (bloomberg)
  18. Biden administration’s Medicare drug price negotiations will face major tests in 2024 (cnbc)
  19. The ‘Wizard of Wharton’ says stocks will jump next year as economic fears fade – and fresh faith in the Fed explains the market’s latest rally (businessinsider)
  20. The Roaring ’20s are so back, baby! (Probably. OK, maybe … hopefully?) (businessinsider)
  21. 2024 Could Be the Year of the Yen (wsj)
  22. Soft Landing Talk Prompts 1990s Flashbacks (wsj)

Be in the know. 14 key reads for Wednesday…

  1. China’s Industrial Profits Jump Though Deflation Concerns Linger (bloomberg)
  2. Dividends, stock buy-backs a bright spark in China market: JPMorgan fund (scmp)
  3. S&P 500 Reaches New 52-Week Closing High (barrons)
  4. What a strong Santa Claus rally says about the stock market in January and 2024 (marketwatch)
  5. Biotech M&A Is Back—and So Are Biotech Stocks (barrons)
  6. 3 Medical-Device Stocks Could Click in 2024 (barrons)
  7. Musk Says ‘Make More Italians’ (wsj)
  8. Billionaire-Built Cities Would Be Better Than Nothing (nytimes)
  9. Biden’s Strict Hydrogen Tax Rules to ‘Loosen,’ Plug Power CEO Expects (bloomberg)
  10. Tencent Recoups Some Losses After China Soothes Crackdown Fears (bloomberg)
  11. U.S. home prices hit an all-time high in October, Case-Shiller says (marketwatch)
  12. Centenarians share the secrets to living a long, healthy life (foxbusiness)
  13. Banks shed 60,000 jobs in one of worst years for cuts since financial crisis (ft)
  14. *JPM Believes Shr Price Reaction to CN Opinion Draft as Overdone, Thus It Creates Attractive Entry Pt for Tencent & Netease (aastocks)

Be in the know. 16 key reads for Tuesday…

  1. Beaten-down small-cap stocks are roaring back. Why they could soar in 2024. (marketwatch)
  2. Biotech CEOs Are Buying Up Their Surging Stocks (barrons)
  3. Chinese gaming firms unveil share buybacks after regulatory move unnerves investors (reuters)
  4. China’s potential new gaming rules will hit smaller developers more, analyst says (cnbc)
  5. China Is Softening Stance on Gaming After $80 Billion Rout (bloomberg)
  6. Alibaba promotes millennials to key e-commerce leadership roles as it repositions to fend off rivals (scmp)
  7. Bristol Myers to Buy RayzeBio in $4.1 Billion Deal (barrons)
  8. AstraZeneca to Acquire Gracell in $1.2 Billion Deal to Further Cell Therapy Goals (barrons)
  9. Intel’s $25 billion investment in Israel ‘important and significant’ says country’s finance minister (marketwatch)
  10. Home prices may pick up speed after the Fed cuts rates with 88% of the housing market still overvalued, Fitch says (businessinsider)
  11. More OPEC cuts, a US production boom, and a market share war: Here’s what oil markets are anticipating in 2024 (businessinsider)
  12. A new all-time high awaits the S&P 500 as investors ‘buy into the euphoria,’ says this strategist (marketwatch)
  13. China approves 105 online games, says it fully supports industry after NetEase, Tencent rout (marketwatch)
  14. The Big Read. The art of superforecasting: how FT readers fared against the experts in 2023 (ft)
  15. AstraZeneca set to make one of its first acquisitions in China (ft)
  16. China’s Yuan Is Quietly Gaining Ground (wsj)

Be in the know. 10 key reads for Christmas…

  1. 13 stocks that are down for 2023 but may bounce back in 2024 or beyond (marketwatch)
  2. Why Bill Gates Says AI Will Supercharge Medical Innovations (cnet)
  3. The ‘Yellowstone’ effect on Montana (npr)
  4. Why It’s Not Too Late to Chase the Stock Market (barrons)
  5. LA’s Third-Tallest Tower Sells for 45% Below 2014 Price (bloomberg)
  6. Small-cap stocks got trounced by the Magnificent 7 this year. Here’s the case for them to explode higher in 2024. (businessinsider)
  7. The Magnificent 7 dominated 2023. Will the rest of the stock market soar in 2024? (marketwatch)
  8. Biotech stocks set for a rebound in 2024, analysts say (marketwatch)
  9. For Much of the World, Inflation Will Be Normal in 2024—Finally (wsj)
  10. Morgan Stanley: Buy these 32 stocks with plenty of cash and high earnings growth potential heading into a volatile 2024 (businessinsider)

Be in the know. 12 key reads for Sunday…

  1. China identifies second set of projects in $140 bln spending plan (reuters)
  2. China’s biggest banks are lowering the deposit rates offered to savers, a move that could pave the way for the central bank to make interest-rate cuts to spur economic growth. (wsj)
  3. Blackstone loads up on European real estate (ft)
  4. Open Letter to Shareholders of Illumina, Inc. (carlicahn)
  5. The Housing Market Is Turning a Corner. 3 Predictions for Next Year. (barrons)
  6. Opinion: Santa Claus is coming to town and bringing presents for your stock portfolio (marketwatch)
  7. How ‘Elf’ Became a Modern Holiday Classic (wsj)
  8. Taylor Swift Is Still Intimidated by the Fear of Being Average (wsj)
  9. Why a Warner Bros.-Paramount Merger Does (and Doesn’t) Makes Sense (nytimes)
  10. NASDAQ & Russell 2000 Up 71.4% Of Time Day After Christmas (AlmanacTrader)
  11. interview: F1 world champion jenson button revamps 1969 lotus into road & track supercars (designboom)
  12. The Grinch Has a Rocket-Powered Sleigh (thedrive)

Be in the know. 20 key reads for Saturday…

  1. Biotech stocks set for a rebound in 2024, analysts say (marketwatch)
  2. Minor Rules Make Major Impact, Week in Review (chinalastnight)
  3. Cetera Investment Management CIO Gene Goldman and Great Hill Capital Chairman Tom Hayes discuss whether the resilient market can stay hot in 2024 on ‘The Claman Countdown.’ (foxbusiness)
  4. Tencent Games: CN Govt Draft on New Online Game Rules Does Not Fundamentally Change Key Elements of Game Biz Model (aastocks)
  5. Hedge Funds Bet Most Against Canadian Dollar in Almost Five Years (bloomberg)
  6. Alibaba promotes millennials to key e-commerce leadership roles (scmp)
  7. China’s imports of Dutch chip-making equipment surged tenfold in November (scmp)
  8. US Stocks Go High When Strategists Go Low (bloomberg)
  9. Bristol Myers to Buy Karuna in $14 Billion Pharma Deal (barrons)
  10. 2024 is going to ‘feel like a lot of tailwinds coming together’, says Fundstrat’s Tom Lee (cnbc)
  11. 5 Stocks That Might Beat the Magnificent Seven in 2024 (barrons)
  12. How the S&P 500 Can Gain Another 20% in 2024 (barrons)
  13. U.S. inflation falls by more than expected in November, bolsters case for lower interest rates from the Fed (marketwatch)
  14. Emerging Markets Struggled in 2023. Here’s Why Next Year May Be Better. (barrons)
  15. U.S., China Militaries Start Talking Again After a Dangerous Rupture (wsj)
  16. Stocks will rocket another 26% over the next 2 years as a housing-market recovery, spending boom, and AI power the economy, market veteran Ed Yardeni says (businessinsider)
  17. At the Money: Seasonality In Stocks (bloomberg)
  18. Here are 8 ways the wealthy save big on taxes (businessinsider)
  19. Tencent rocked by new Chinese online gaming restrictions (ft)
  20. Morgan Stanley’s Gorman sees markets ‘taking off’ as Fed turns to rate cuts (ft)

Be in the know. 17 key reads for Thursday…

  1. China’s Mega Banks Cut Deposit Rates Further to Boost Growth (bloomberg)
  2. China Said to Approve First Boeing 787 Delivery Since 2021 (bloomberg)
  3. Why So Many People Got This Year’s Economy Wrong (bloomberg)
  4. Small-Cap Stocks Are Taking Off. Forget Big Tech. (barrons)
  5. Carnival’s stock surges after results beat expectations and outlook was upbeat, as cruise demand keeps strengthening (marketwatch)
  6. Gilead Stock Could Finally Have a Breakout Year. Here’s Why. (barrons)
  7. 6 Cheap Healthcare Stock Picks With Room to Grow in 2024 (barrons)
  8. US, China Militaries Restore Dialogue After a Dangerous Rupture (wsj)
  9. Meet the New Economy, Same as the Old Economy (wsj)
  10. US Initial Jobless Claims Tick Up, Remain Near Historic Lows (bloomberg)
  11. US Inflation Report to Show Fed’s Battle Is Now All But Complete (bloomberg)
  12. Final Q3 GDP, Personal Consumption Revised Sharply Lower As Core PCE Slumped To 2.0% (zerohedge)
  13. Morgan Stanley’s Adam Jonas bullish on GM and Ford into 2024 (streetinsider)
  14. Why Matsusaka wagyu is the most expensive beef in the world (businessinsider)
  15. China stock market bulls aren’t just being contrarian (scmp)
  16. BABA Further Cuts Stake in XPENG by 50M Class A Shrs (aastocks)
  17. This Stock Market Indicator Has Been 83% Accurate Since 1984. It’s Signaling a Big Move in the S&P 500 Right Now. (fool)

Be in the know. 14 key reads for Wednesday…

  1. Crown Castle Announces Comprehensive Fiber Review and Additions to the Board (crowncastle)
  2. If Xi’s government privatizes inefficient state-owned enterprises, expands access for foreign businesses, and provides more social services and better protection of private property, the economy would embark on a much stronger growth path. (bloomberg)
  3. Buy Now Pay Later Is Booming. Shoppers Tell Us Why. (barrons)
  4. Intel CEO Says Company Will Beat TSMC and the U.S. Will Stay Ahead of China in AI Race. Here’s Why. (barrons)
  5. Alibaba CEO Takes Direct Control of Domestic E-Commerce Businesses (wsj)
  6. Powell’s Pivot Sows Confusion Over When and How Fast Fed Will Cut (wsj)
  7. These Tesla Wannabes Are Running Out of Road (wsj)
  8. The Hedge Fund Traders Dominating a Massive Bet on Bonds (bloomberg)
  9. “Eddie’s leadership of both Alibaba Cloud and [Taobao and Tmall Group] will ensure total focus on, and significant and sustained investment in, our two core businesses of cloud computing and e-commerce, as well as enabling TTG to transform through technology innovation,” Tsai’s letter said. (cnbc)
  10. Alibaba Group CEO Wu Yongming also serves as Taotian Group CEO to ensure unified command of core strategies (alibabanews)
  11. Hema, Ele.me, Alibaba Digital Media & Entertainment: News on Capital Planning Untrue (aastocks)
  12. Crown Castle hires bankers for strategic review of its fiber business as part of pact with Elliott Investment Management (marketwatch)
  13. Alibaba’s Damo Academy forms new unit as home for over 100 postdoctoral researchers (scmp)
  14. Shanghai Disney Resort opens world’s first Zootopia-themed attraction (scmp)