Be in the know. 23 key reads for Saturday…

  1. Why Wall Street’s growth-heavy Nasdaq Composite is still rallying as Treasury yields rise (marketwatch)
  2. Investors risk missing next big market move by staying in bonds (foxbusiness)
  3. Dividends and Share Buybacks Could Fuel High “Total Yield.” (barrons)
  4. China’s Banks to Overhaul Risk Exposure Rules to Aid Rebound (bloomberg)
  5. Redfin Is Upbeat About This Year. So Is Wall Street. (barrons)
  6. Coca-Cola Raises Dividend for 61st Year, and More Payout News (barrons)
  7. Wharton Professor Jeremy Siegel now sees a stronger economy post-CPI (cnbc)
  8. As Big Tech cuts workers, other industries are desperate to hire them (marketwatch)
  9. Amazon wants workers back in the office three days a week (marketwatch)
  10. The stock market’s pullback is healthy (marketwatch)
  11. Natural-Gas Slump Could Last, Says Producer EQT (barrons)
  12. Disney return-to-office plan may cause ‘long-term harm,’ workers say (nypost)
  13. Hard-up Russia pushes to replenish sagging Viagra supply (nypost)
  14. The Big Read. Beyond the balloon: the US-China spy game (ft)
  15. Shein gives investors lofty revenue projections as it prepares for IPO (ft)
  16. Five Million Carnival Goers Descend on Rio as Brazil Seeks Comeback (bloomberg)
  17. Wanted: Interns Who Can Make TikTok Hits (nytimes)
  18. Charlie Munger On BYD, Tesla, Alibaba and Bitcoin — Daily Journal’s Shareholders Meeting — 2/15/2023 (CNBC)
  19. The Comeback King: For 40 Years, John Rogers Has Come Out Of Bear Markets Stronger (forbes)
  20. A Practical Guide to Measuring Opportunity Cost (morganstanley)
  21. 3 Warren Buffett Stocks to Buy (morningstar)
  22. AutoNation beats profit estimates as new-vehicle demand improves (reuters)
  23. Factbox: Chinese tech firms working on ChatGPT-style technology (reuters)

Be in the know. 10 key reads for Friday…

  1. What Recession? Why There Likely Won’t Be a Downturn. (barrons)
  2. AMC Networks Crushed Earnings Estimates. The Stock Is Rising. (barrons)
  3. Amazon and Other Quality Stocks Have Been Hit Hard. They Could Be Buys. (barrons)
  4. U.S. Households Lifting Economy After Being Stung by Inflation Last Year (wsj)
  5. Two (NON-VOTING) Fed Officials Would Have Supported Larger Rate Increase This Month (wsj)
  6. It’s a Richcession, Not a Recession (wsj)
  7. Will Microsoft’s Bing chatbot get you to stop using Google? (usatoday)
  8. Paramount+ Price Will Increase $2 a Month and Include Showtime (bloomberg)
  9. China Eases Overseas Listing Rules, Paving Way for IPO Rebound (bloomberg)
  10. Bad news for the ‘pessimistic bulls.’ Here are 10 reasons why a U.S. recession won’t happen. (marketwatch)

Industrials (top 30 weights) Earnings Estimates/Revisions

In the spreadsheet above I have tracked the earnings estimates for the Industrials Sector ETF (XLI) top 30 weighted stocks. I have columns for what the 2023 and 2024 earnings estimates were on 12/16/2022 and today. The column under the date 2/16/2023 has a letter that represents the movement in 2023 earnings estimates since the most recent print (12/16/2022).

Continue reading “Industrials (top 30 weights) Earnings Estimates/Revisions”

Exploration & Production Sector (XOP) – Earnings Estimates/Revisions

In the spreadsheet above I have tracked the earnings estimates for the Exploration & Production Sector (XOP). I have columns for what the 2023 estimates were on 12/16/2022 and today.

Continue reading “Exploration & Production Sector (XOP) – Earnings Estimates/Revisions”

Be in the know. 23 key reads for Thursday…

  1. Amazon and Other Quality Stocks Have Been Hit Hard. They Could Be Buys. (barrons)
  2. Spinoffs usually outperform their parent companies, Goldman Sachs research finds (marketwatch)
  3. China Declared ‘Freeze Is Over,’ Australia’s Trade Chief Says (bloomberg)
  4. Airbnb Puts Worries to Bed for Now (wsj)
  5. Biogen Boss Turns Corner on Alzheimer’s Miscues (wsj)
  6. The U.S. Consumer Bounces Back (wsj)
  7. Banks Re-Evaluate Ties With Crypto (wsj)
  8. Indonesia Holds Key Rate as Inflation, Rupiah Pressures Subside (bloomberg)
  9. Berkshire’s Munger Says Stock Is a ‘Good Bet.’ Company Won’t Be Broken Up. (barrons)
  10. Department Store Sales Surged in January. Why it Shocked Analysts. (barrons)
  11. Cisco Stock Rallies on Earnings Beat and Strong Outlook. It’s a Good Sign for Tech. (barrons)
  12. China Sanctioned Lockheed, Raytheon. It Shouldn’t Hurt the Stocks. (barrons)
  13. Austan Goolsbee Under Consideration to Serve as Fed’s Vice Chair (wsj)
  14. Kraft Heinz to Hold Off on Further Food-Price Hikes, Executives Say (wsj)
  15. Emerging-Market Rally Stalls on Concerns Fed Will Keep Raising Rates (wsj)
  16. Goldman Strategists See More US Spinoffs With Companies Squeezed (bloomberg)
  17. A $6 Trillion Wave of Money Revives an Arcane Corner of Wall Street (bloomberg)
  18. Who Will Be AI’s First Billionaire? It’s a Trick Question (bloomberg)
  19. Consumers Are Letting the Good Times Roll Again (bloomberg)
  20. Ferrari and Dodge Fine-Tune Artificial Noise for Electric Cars (bloomberg)
  21. Generac Holdings (GNRC) fundamentals to improve in H2 – Canaccord (streetinsider)
  22. Blackstone’s Jonathan Gray sees explosive travel demand from Chinese consumers (scmp)
  23. Ant’s Alipay+ makes push into Australia on post-Covid travel boom (scmp)