Be in the know. 30 key reads for Thursday…

  1. All 50 States Have Now Taken Steps to Reopen (Wall Street Journal)
  2. Shopping Malls Are Reopening, but Visits Are Still Way Down (Barron’s)
  3. “Leave My Mom Out Of It”: Virtual Debate Between Caruso-Cabrera And AOC Turns Ugly (ZeroHedge)
  4. Coronavirus live updates: Italian PM says ‘worst is behind us;’ Elvis Presley’s Graceland to reopen (CNBC)
  5. Boeing Stock Will Rebound. Look Beyond Covid-19. (Barron’s)
  6. The Grace Potter “Falling or Flying” Stock Market (and Sentiment Results)… (ZeroHedge)
  7. Lowe’s Did What Home Depot Couldn’t (Barron’s)
  8. Oil prices extend climb toward highest level since March as demand and supply seen taking steps toward recovery (MarketWatch)
  9. This could be the next signal for the S&P 500 to climb past 3,000, says Standard Chartered (MarketWatch)
  10. Airline Stocks Rally as Carriers Plan June Restart and State Bailouts Ease Fears (Barron’s)
  11. Fed Minutes Outline Potential Next Steps to Fight Crisis (Barron’s)
  12. 5 Restaurant Stocks That Are Still Worth Buying (Barron’s)
  13. More Analysts See Oil Demand Exceeding Supply Later This Year. That’s a Bullish Sign for Oil. (Barron’s)
  14. Contact Tracing Takes a High-Tech Step Forward (Barron’s)
  15. The Dow Is Up — and the Number of Stocks In Up Trends Is Too (Barron’s)
  16. Can You Get Covid-19 Twice? (Wall Street Journal)
  17. TikTok parent company valued at over $110B (New York Post)
  18. Coronavirus Shut Down the ‘Experience Economy.’ Can It Come Back? (New York Times)
  19. China’s Xi Seeks to Portray Unity and Pivot to Economy Under Coronavirus Shadow (Wall Street Journal)
  20. When Will Big Concerts Finally Return After Covid? (Think 2021) (Wall Street Journal)
  21. Andrea Bocelli Wants to Get Back to Work (Wall Street Journal)
  22. U.S. Raises Ante in Vaccine Race With $1.2 Billion for Astra (Bloomberg)
  23. Trump Points Finger at China’s Xi, Escalating Fight Over Virus (Bloomberg)
  24. Disney and Universal to Begin Submitting Florida Reopening Plans (Bloomberg)
  25. Young Join the Rich Fleeing America’s Big Cities for Suburbs (Bloomberg)
  26. Starbucks U.S. same-store sales have recovered more than 60% from last year, summer menu announced (MarketWatch)
  27. 2.4 million more file for unemployment, but weekly number steadily decreasing (Fox Business)
  28. Why Texas Roadhouse Could Be A Big Post-Shutdown Winner (Yahoo! Finance)
  29. Trump admin. gives energy companies temporary breaks on royalty rates, rent (Fox Business)
  30. Why Magic Johnson, Mark Cuban Are Connecting Minority-Owned Businesses With Millions In PPP Loans (Benzinga)

The Grace Potter “Falling or Flying” Stock Market (and Sentiment Results)…

This week’s pick for “theme song of the week” – to embody the sentiment of the Stock Market – is Grace Potter’s “Falling or Flying.”  After a 6% intra-week drawdown last week, this week we’ve made up for lost ground, and more…

Continue reading “The Grace Potter “Falling or Flying” Stock Market (and Sentiment Results)…”