Be in the know. 22 key reads for Friday…

  1. Move Over, Magnificent Seven Stocks. The Other 493 Are Set to Take Off. (barrons)
  2. Is a stock-market rotation under way? Small caps surge as Magnificent Seven are punished after cool CPI reading. (marketwatch)
  3. Data shows most who take anti-diabetes drugs such as Ozempic for weight loss quit within 2 years, as their cost-effectiveness is questioned (scmp)
  4. Fed Rate Cuts Look Imminent. Why This Big Tech Selloff Could Be Positive and 4 Other Things to Know Today. (barrons)
  5. Citigroup tops expectations for profit and revenue on strong Wall Street results (cnbc)
  6. “the PPI was actually “a lot better” than it looks, given that the components that feed into the PCE were benign.” (bloomberg)
  7. Why Dividend Aristocrats and REIT Stocks Are Poised to Rally (barrons)
  8. Traders piled into bets against small-cap stocks at exactly the wrong time (marketwatch)
  9. China’s Highest-Level Economic Summit Kicks Off Soon. 3 Things to Know. (barrons)
  10. ‘Christmas in July’: Why Goldman and Other Big Bank Stocks Have Taken Off (barrons)
  11. Fed’s Goolsbee: ‘Profoundly encouraging’ June CPI data makes case for rate cuts (marketwatch)
  12. Fed’s Daly says U.S. economic data now justify an interest-rate cut (marketwatch)
  13. One S&P 500 sector has gotten less expensive — even while rising by double digits (marketwatch)
  14. Why Jack in the Box, Wendy’s, and Other Cheap Restaurant Stocks Are Jumping (barrons)
  15. Milder Inflation Opens Door Wider to September Rate Cut (wsj)
  16. The One-Child Policy Supercharged China’s Economic Miracle. (wsj)
  17. The Chrysler Building, the Jewel of the Manhattan Skyline, Loses Its Luster (nytimes)
  18. Yen keeps markets on edge, data points to BOJ intervention (streetinsider)
  19. ‘Get us more paper’ — Indian equity issuance hits record high (ft)
  20. Sterling surges to one-year high after UK growth and US inflation surprises (ft)
  21. Hong Kong and mainland Chinese exchanges add 91 ETFs to Stock Connect scheme (scmp)
  22. A Once-in-a-Decade Opportunity: 2 Magnificent S&P 500 Dividend Stocks Down 47% and 59% to Buy in the Second Half of 2024 (fool)

Be in the know. 20 key reads for Thursday…

  1. Alibaba’s AI model outperforms Chinese rivals, ranks just behind OpenAI, Anthropic (scmp)
  2. Traders boost bets on Fed rate cut in Sept after CPI data (reuters)
  3. Goldman Strategists Say Big Tech’s AI Splurge Worries Investors (bloomberg)
  4. PepsiCo Earnings Beat Expectations. Why the Stock Is Dropping. (barrons)
  5. Glamorous Garages and Beautiful Barns: The New Must-Have Amenities (barrons)
  6. Ford Is Making a Comeback. It’s Time to Buy the Stock. (barrons)
  7. Pfizer Moves Forward With Weight-Loss Pill. The Stock Is Rising. (barrons)
  8. There’s a very short window to bet against the dollar, says Goldman Sachs. (marketwatch)
  9. The Golf Putter That Works So Well, ‘It Feels Like Cheating’ (bloomberg)
  10. The Risky-Loan Trade Is Back (wsj)
  11. Tony Robbins Bet $200 Million on a Green-Energy Breakthrough. Proof It Works Remains Elusive. (wsj)
  12. What’s Behind Powell’s Latest Shift on Rates (wsj)
  13. American Workers Have Quit Quitting, for Now (wsj)
  14. How Drug Middlemen Keep Beating the System (wsj)
  15. Apple Settles E.U. Case by Opening Its Payment Service to Rivals (nytimes)
  16. Private Equity’s Creative Wizardry Is Obscuring Danger Signs (bloomberg)
  17. China’s plenum must offer action not rote slogans (ft)
  18. Hong Kong stocks rise after China unveils fresh curbs on short-selling to lift confidence (scmp)
  19. 3 Reasons to Buy Intel Stock Like There’s No Tomorrow in 2024 (fool)
  20. Treasury yields fall on rate-cut optimism (wsj)

 

Is it Time Yet? Stock Market (and Sentiment Results)…

I find more value in looking at individual company’s fundamentals than focusing on Macro/Fed, etc.  The reason is, one you can control and one you can’t.  You can control your investing framework (analysis of fundamentals) and apply it consistently across opportunities that meet your criteria. Continue reading “Is it Time Yet? Stock Market (and Sentiment Results)…”