Be in the know. 15 key reads for Thursday…

  1. Federal Reserve unveils details of $2.3 trillion in programs to help support the economy
  2. Federal Reserve takes additional actions to provide up to $2.3 trillion in loans to support the economy (Street Insider)
  3. Small-Business Bailout Needs More Than Banks (Wall Street Journal)
  4. Disney (DIS) Says Disney+ Paid Subscriber Count Surpasses 50 Million Milestone (Street Insider)
  5. Tesla’s China sales hit record high in March: industry association (Street Insider)
  6. U.S. bank results to focus on looming loan losses during coronavirus (Reuters)
  7. Pfizer identifies lead virus drug candidate (Fox Business)
  8. IMF boosts emergency lending capacity to $100bn (Financial Times)
  9. S&P 500 dividends are in better shape than the market expects. (MarketWatch)
  10. European stocks climb on optimism policy makers will find ways to reopen economies (MarketWatch)
  11. Fed to Buy Municipal, Riskier Debt as Part of Expansive Programs New York Times)
  12. Fed Minutes Reveal Increasing Urgency to Ease Virus Impact (Barron’s)
  13. Wells Fargo Gets a Break to Make Small-Business Loans (Barron’s)
  14. Plan to Restart the Economy Soon Would Rely on Antibody Testing (Barron’s)
  15. Trump Eyes Tariffs as Tool to Tame Oil Glut (Wall Street Journal)

The Rodney Atkins, “Keep On Going” Stock Market (and Sentiment Results)…

Each week I try to tie the theme of the stock market to a song that embodies the feeling of the moment.  The last month could best be defined by Rodney Atkins classic hit, “If You’re Going Through Hell…”  The lyrics that follow, tell the whole story of where we are today: Continue reading “The Rodney Atkins, “Keep On Going” Stock Market (and Sentiment Results)…”

Be in the know. 15 key reads for Wednesday…

  1. Hedgies look to capitalize on coronavirus pain à la Warren Buffett (New York Post)
  2. 9 Stocks That Could Outpace the Market if Volatility Keeps Falling (Barron’s)
  3. Covid-19 Testing Is Key to Restarting Economy as U.S. Cases Top 400,000 (Barron’s)
  4. Waiting for a stock-market bottom is ‘folly,’ says billionaire Howard Marks: ‘If something’s cheap…you should buy’ (MarketWatch)
  5. Bill Gross’s Backfiring Trade Finally Pays Off in Coronavirus QE (Bloomberg)
  6. Howard Marks says it’s time to stop playing defense: ‘We’re buying today when we find good value’ (CNBC)
  7. Billionaire Bill Ackman doubled down on Hilton, Starbucks, and Berkshire Hathaway after the coronavirus sell-off (Business Insider)
  8. Pinterest Becomes an Unlikely Social Climber (Wall Street Journal)
  9. FedEx, UPS stocks surge after WSJ report of Amazon halting competing service (Market Watch)
  10. Bank Stocks at Record Lows Relative to S&P 500: 4 to Buy Now (24/7 Wall Street)
  11. Pelosi, Schumer push wider emergency coronavirus funding bill (Reuters)
  12. Oil rallies before Russia, Saudi Arabia meet (Fox Business)
  13. Bernanke rejects Great Depression comparisons as he says GDP could slump by 30% (MarketWatch)
  14. Fauci says he thinks schools will be able to reopen in the fall (MarketWatch)
  15. India Again Allows Export of Antimalarial Drug Touted for Coronavirus Wall Street Journal)