Be in the know. 16 key reads for Thursday…

  1. China Urges Banks to Boost Stock Investments to Support Market (bloomberg)
  2. Wall Street is an early bull market: Ken Fisher (foxbusiness)
  3. This Pro Is High on China, ETFs, Today’s Markets—and the Future (barrons)
  4. Hong Kong Gains, Raimondo Meets With China’s Ambassador To US (chinalastnight)
  5. China quietly recruits overseas chip talent as US tightens curbs (reuters)
  6. Will Powell crush stocks again during Friday’s Jackson Hole speech? Here’s one reason investors shouldn’t worry. (marketwatch)
  7. Nvidia Stock Surges After Stellar Earnings. What Wall Street Is Saying. (barrons)
  8. Splunk Has Been Overshadowed by Nvidia. The Stock’s About to Rally. (barrons)
  9. SPAC values cut in half, Chamath Palihapitiya tells investors not to be victims (marketwatch)
  10. He’s the World’s Best Golfer. But Can He Sink a Putt? (wsj)
  11. Forget overpriced mega-cap tech: Goldman Sachs identities 50 stocks across 15 industries set to be the true long-term beneficiaries of AI adoption from increased labor productivity (businessinsider)
  12. Billionaire David Tepper Pours Millions Into These 2 ‘Strong Buy’ Stocks; Goldman Sachs Says They Offer Solid Upside — Here’s Why They Draw Plaudits Across the Board (finance.yahoo)
  13. Powell Is Using Jackson Hole as Final Push in Inflation Fight (finance.yahoo)
  14. China’s new accounting rules on enterprise data resources to have ‘greater impact’ on Big Tech firms, telecoms network operators (scmp)
  15. US jobless claims fall as labor market remains tight (reuters)
  16. China Tech Names Are Something We Can Look Into (bloomberg)

“At The Starting Gate” Stock Market (and Sentiment Results)…

Now that we’ve had the 5% pullback we anticipated in recent weeks, many pundits are once again prognosticating the “beginning of the end.”  When you dig under the surface however, the clearer story looks like “the end of the beginning” and most stocks are just at the starting gate of major cyclical recoveries. Continue reading ““At The Starting Gate” Stock Market (and Sentiment Results)…”

Be in the know. 10 key reads for Wednesday…

  1. China must not panic over deflation and reinflate a bubble (scmp)
  2. Making Sense Of The China Meltdown Story (gavekal)
  3. From one of our loyal VideoCast viewers: Cooper-Standard Holdings: An Impressive Turnaround Story That’s Just Getting Started (seekingalpha)
  4. For the full year, Advance now sees sales coming in at about $11.3 billion, up a little from prior guidance of $11.25 billion. (barrons)
  5. Bank of America Trading Desks Gain Ground With More Capital, Headcount (bloomberg)
  6. Goldman Sachs cancels ‘Summer Fridays,’ wants employees in office 5 days a week (marketwatch)
  7. Column: A US-China detente to avoid ‘fiscally assured destruction?’ (reuters)
  8. Kelcy Warren purchases nearly $40 million in Energy Transfer shares (finance.yahoo)
  9. Betting Against U.S. Debt Has Cost Ackman This Year (institutionalinvestor)
  10. China’s Services Sector Emerges as Bright Spot (bloomberg)

Be in the know. 20 key reads for Tuesday…

  1. Sudden Rally in China Stocks Has Traders Scratching Their Heads (bloomberg)
  2. U.S. Commerce secretary set to visit China as high-level talks continue (cnbc)
  3. PayPal’s stock could be near its ultimate bottom, analyst says (marketwatch)
  4. BABA Reportedly Establishes T-head Company in Beijing to Expand Integrated Circuit Sales (aastocks)
  5. Baidu Smashes Estimates (barrons)
  6. China Was Meant to Be the Travel Sector’s Next Tailwind. Why It Still Can Be. (barrons)
  7. It Will Be Earnings—Not Bond Yields—That Finishes 2023’s Rally (barrons)
  8. The Worker Bidding War Is Over. Companies Are Cutting Pay for New Hires. (wsj)
  9. The Arm IPO Will Test Investors’ AI Conviction (wsj)
  10. China’s Firmer Stance on Yuan Sparks Relief in Emerging Markets (bloomberg)
  11. Satya Nadella Says AI Is a Tidal Wave as Big as the Internet (bloomberg)
  12. How to View China’s Cautious Stimulus (bloomberg)
  13. China Ramps Up Fight With Yuan Bears (bloomberg)
  14. Stocks are still much better than bonds for generating long-term wealth, Wharton professor Jeremy Siegel says (businessinsider)
  15. There are 2 big catalysts that could spark a stock market rally this week, according to Fundstrat (businessinsider)
  16. Mark Zuckerberg’s new ‘in-person time policy’ will crack down on Meta’s remote work rebels (finance.yahoo)
  17. Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs (marketwatch)
  18. Hawaiian Electric says it’s not planning a restructuring after Maui wildfires, but seeking advice to ‘endure’ as a strong utility (marketwatch)
  19. analysis | China’s underwhelming rate cuts aimed to ‘protect bank profit margins’ (scmp)
  20. Oppenheimer’s John Stoltzfus on why he’s keeping his 4,900 price target for the S&P 500 (cnbc)