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)

Be in the know. 30 key reads for Tuesday…

  1. Pelosi Says Next Stimulus Round Will Be $1 Trillion or More (Bloomberg)
  2. Why Oil-Services Stocks Are Finally a Buy (Barron’s)
  3. Fed says it will provide financing against new U.S. ‘payroll protection’ loans (Reuters)
  4. Gilead Analyst Sees Catalyst Ahead In Data Readout For Potential Coronavirus Treatment (Benzinga)
  5. Michael Burry of ‘The Big Short’ Slams Virus Lockdowns in Tweetstorm (Bloomberg)
  6. Oaktree, Elliott Among Bargain Hunters Circling Mortgage Trusts (Bloomberg)
  7. Greed and Fear Collide: Wall Street Calls Traders Back to Office (Bloomberg)
  8. Everything Must Go Right for Big Pharma’s Bet on a Fast Vaccine (Bloomberg)
  9. Oil’s Big Crash Has Permian Explorers Flaring Less Gas (Bloomberg)
  10. Honor Blackman, Who Played ‘Bond Girl’ Pussy Galore, Dies at 94 (Bloomberg)
  11. Strategist Jeff Saut says market bottom in, sees new S&P 500 record in 2020 (CNBC)
  12. JPMorgan reports earnings in a week. Here’s why it may be a buy now (CNBC)
  13. Allstate to return $600M in auto premiums as coronavirus cuts driving (New York Post)
  14. Peter Navarro Has Antagonized Multinational Companies. Now He’s in Charge. (New York Times)
  15. Warren Buffett’s Death-Spiral Deal (Wall Street Journal)
  16. Bakken Oil Field Giant Continental Eliminates Dividend, Slashes Production (24/7 Wall Street)
  17. Stifel Still Bets on an Even Bigger April Rally: 5 Top Stocks to Buy (24/7 Wall Street)
  18. Graphic: Oil majors cut 2020 spending by 22% after prices slump (Reuters)
  19. Virus slamming economy, but relief fends off disaster: Blackstone CEO (Fox Business)
  20. Avalanche of Downgrades Points to a ‘Big Default Spike’, Moody’s Warns (Institutional Investor)
  21. Source image: Unsplash.com
  22. 3M, Trump Strike Deal To Import 166.5M Masks From China, Company To Continue To Supply Abroad (Benzinga)
  23. Teva Analyst Says Shares Are Pricing In Too Much Risk (Benzinga)
  24. 10 Cheap Dividend Aristocrats to Buy on the Dip (Yahoo! Finance)
  25. Carnival’s stock rockets 20% premarket, after soaring 28% the past 2 sessions (MarketWatch)
  26. Trump Pushes Broader Use of Hydroxychloroquine Against Coronavirus (Wall Street Journal)
  27. ‘Light at the end of the tunnel’: Stocks surge as fewer new coronavirus cases signal lockdowns are working (Business Insider)
  28. Billionaire Bill Ackman plowed more than $200 million into Warren Buffett’s Berkshire Hathaway after the coronavirus sell-off (Business Insider)
  29. 38 Quality Global Stocks You Now Can Get Cheap, According to Morgan Stanley (Barron’s)
  30. Bob Iger on Disney After Coronavirus (Barron’s)