Be in the know. 30 key reads for Thursday…

  1. Banksy’s reworking of Claude Monet scene sells for nearly $10M at auction (New York Post)
  2. A top-ranked JPMorgan strategist says this group of beaten-down stocks will soon make a big comeback (Business Insider)
  3. Preparing for a Vaccine With Call Options (Barron’s)
  4. The Stock Market Is Preparing for a Blue Wave. That Could Be Premature, Researcher Says. (Barron’s)
  5. 5 Things CEO Elon Musk Said on the Tesla Earnings Call (Barron’s)
  6. Google Antitrust Fight Thrusts Low-Key C.E.O. Into the Line of Fire (New York Times)
  7. The Fed’s $4 Trillion Lifeline Never Materialized. Here’s Why. (New York Times)
  8. U.S. Initial Jobless Claims Fall for Third Time in Four Weeks (Bloomberg)
  9. Pelosi, Mnuchin to Talk Stimulus Again (Bloomberg)
  10. OAN Built a Safe Space for People Who Think Fox News Is Too Liberal (Bloomberg)
  11. Deceased AstraZeneca Trial Volunteer Didn’t Receive Vaccine (Bloomberg)
  12. Supercar Maker De Tomaso Is Ditching Italy for Detroit (Bloomberg)
  13. Investors Rewire Stock Trades to Find Trillions in Hidden Assets (Bloomberg)
  14. Oilfield Services Look Beyond Oil (Wall Street Journal)
  15. With Concho, ConocoPhillips Is Playing Offense (Wall Street Journal)
  16. JPMorgan’s Kolanovic Has Another Warning For Those Expecting A Crushing Biden Victory (ZeroHedge)
  17. Northrop Grumman (NOC) Tops Q3 EPS by 25c, Offers FY Guidance (Street Insider)
  18. Boeing eyes big move to compete with Airbus, bounce back from 737 MAX (Fox Business)
  19. Democratic voter registration and potential implications (Fox News)
  20. More money flowing into hedge funds amid global unrest (New York Post)
  21. Issa Brothers Go From Not Much to $24 Billion (Bloomberg)
  22. China Has Copper Flying Like a FANG Stock (Bloomberg)
  23. PulteGroup Crushes Earnings Estimates Because the Housing Market Is Hot (Barron’s)
  24. Goldman Sachs forecasts a structural bull market emerging for commodities in 2021- here is the breakdown of their analysis (Business Insider)
  25. Why the time is right for these three unloved small cap stocks, says fourth-generation money manager (MarketWatch)
  26. Tudor Jones sees a stock pop to start 2021 on stimulus, then pressure later from Biden tax plan (CNBC)
  27. Investors opt for the ‘do nothing’ trade ahead of US election (Financial Times)
  28. The WTO Couldn’t Change China, so Robert Lighthizer Found Another Way (Wall Street Journal)
  29. U.S. Economy Seeing ‘Slight to Modest’ Growth This Fall, Fed’s Beige Book Says (Wall Street Journal)
  30. Leveraged Buyouts Come Roaring Back After Coronavirus-Related Lull (Wall Street Journal)

The Taylor Swift “You Need To Calm Down” Stock Market (and Sentiment Results)…

A little over a week ago my wife and I were at a local restaurant in CT (called Posa) with a few friends (I had the delicious Branzino).  While we were waiting for our appetizers (Bufala Mozzarella) I overheard a gentleman at the table next to us saying, “this market is crazy, it’s a bubble, it’s going to crash, it can’t keep going up.”  Continue reading “The Taylor Swift “You Need To Calm Down” Stock Market (and Sentiment Results)…”

Be in the know. 19 key reads for Wednesday…

  1. Presidential Betting Markets Are Tightening. Is It Time to Hedge? (Barron’s)
  2. After Conoco’s Huge Purchase, Are 2 Top Permian Stocks Also Takeover Targets? (24/7 Wall Street)
  3. Covid-19 Vaccines Could Take a Critical Next Step in November (Barron’s)
  4. 10-year Treasury yield hits mid-June high after Pelosi boosts fiscal stimulus hopes (MarketWatch)
  5. Western Digital Stock Spikes 10% on Intel’s Plan to Sell Memory Chip Unit (Barron’s)
  6. Philip Morris Stock Got Crushed After Earnings. Why the Market Got It Wrong. (Barron’s)
  7. Defense Stocks Have a Joe Biden Problem (Barron’s)
  8. Home Builders Keep Building New Houses, Latest Data Show. Why They Won’t Stop. (Barron’s)
  9. Google Up Against Laws That Thwarted Microsoft (and Others Since 1890) (New York Times)
  10. Travelers Is Ready for Post-Pandemic Journey (Wall Street Journal)
  11. Antero Midstream upgraded to Outperform on lower perceived risk at Raymond James (TheFly)
  12. Coronavirus deal could come in next 48 hours: White House (FoxBusiness)
  13. The World Shut Down. This Is Who Hedge Funds Called. (Institutional Investor)
  14. Fed’s Brainard calls for more stimulus from Congress amid ‘highly uneven’ recovery (CNBC)
  15. JPMorgan Chase takes on Square and PayPal with smartphone card reader, faster deposits for merchants (CNBC)
  16. People earning a lot of money think differently: Morning Brief (Yahoo! Finance)
  17. Here’s How Much Investing $1,000 In Wells Fargo At Great Recession Lows Would Be Worth Today (Benzinga)
  18. Lockheed Martin Plans to Deliver New Presidential Helicopter Next Year (Wall Street Journal)
  19. How Next-Door Neighbors With Opposing Political Views Stayed Friends (Wall Street Journal)

 

Be in the know. 15 key reads for Tuesday…

  1. Gilead Defends Its Covid Treatment After WHO Study Finds It Ineffective (Barron’s)
  2. 3 Unloved Bank Stocks That May Be Worth Buying (Barron’s)
  3. Warren Buffett may have slashed his Wells Fargo stake because the bank ignored his advice and hired a Wall Street CEO (Business Insider)
  4. Technology stocks may be about to drown in their own greatness, says JPMorgan (MarketWatch)
  5. GE Stock Is in a Stealth Bull Market. Here’s Why. (Barron’s)
  6. Halliburton’s Cost-Cuts Boost the Bottom Line (Barron’s)
  7. Want to Buy Mortgage REITs? Here’s How to Pick Them. (Barron’s)
  8. NY, NJ could see taxes increase over 58 percent under Joe Biden: analysis (New York Post)
  9. With NYC Influx, Greenwich Area Home Prices Rise Fastest in U.S. (Bloomberg)
  10. An Obscure American Automaker Now Has the World’s Fastest Car (Bloomberg)
  11. Pelosi and Mnuchin make progress in stimulus talks, plan to speak again Tuesday (CNBC)
  12. HAMM: The 2020 election question: Are you ready for $6 a gallon gas? (Fox Business)
  13. Top Fed Official Says Policy Response Could Speed Faster Recovery (Wall Street Journal)
  14. Pioneer Natural Resources Is in Talks to Buy Parsley Energy (Wall Street Journal)
  15. DOJ to File Google Antitrust Lawsuit (Wall Street Journal)