Be in the know. 10 key reads for Monday…

  1. China Names HIV Drugs in Treatment Plan for New Virus (Bloomberg) 

  2. JPMorgan Takes Contrarian View of Energy Stocks (Institutional Investor) 

  3. Deere, Chevron, and 30 Other Stock Picks From the Barron’s Roundtable (Barron’s) 

  4. Homebuilder D.R. Horton improves 2020 home sales forecast (Fox Business) 

  5. Esports Is Finding a Huge Audience. These Stocks Are the Best Plays. (Barron’s) 

  6. Half the Dow Reports This Week: Apple, Exxon, Pfizer and More (24/7 Wall Street) 

  7. Michael Jordan remembers Kobe Bryant — and this viral video helps us remember how incredibly similar their styles were (MarketWatch) 

  8. TikTok Rival From Vine Creator Debuts at Top of U.S. App Store (Bloomberg) 

  9. Goldman Sachs: will Solomon’s consumer gamble pay off? (Institutional Investor) 

  10. Fed’s first hurdle in 2020: Dispensing with ‘QE Lite’ (Reuters) 

Be in the know. 12 key reads for Sunday…

  1. Mario Gabelli Says It’s Time to Invest in Stocks That Will Save the World. These Two Stocks Fit the Bill. (Barron’s)
  2. How Will You Measure Your Life? (HBR)
  3. The House From Entourage Sells for $5.32 Million (Architectural Digest)
  4. DeLorean Confirms Plans to Produce Limited Run of Iconic DMC-12 (Maxim)
  5. Metallica frontman’s built-from-scratch vintage car collection goes on view in LA (designboom)
  6. February Almanac: Weak Link in Best Six Months (Almanac Trader)
  7. ECRI Weekly Leading Index Update (Advisor Perspectives)
  8. Episode 966: The Rise Of Putin (NPR)
  9. Why Is Joe Rogan So Popular? (The Atlantic)
  10. Taylor Swift: No Longer ‘Polite at All Costs’ (Variety)
  11. Japan’s Mystical Masterpiece, The Four Seasons Hotel Kyoto (JustLuxe)
  12. Libya Oil Closure a ‘Bullet in the Head,’ Says Bank Governor (Bloomberg)

Be in the know. 10 key reads for Saturday…

  1. How the stock market has performed during past viral outbreaks, as epidemic locks down 16 Chinese cities (MarketWatch)
  2. Sam Zell — Strategies for High-Stakes Investing, Dealmaking, and Grave Dancing (#407) (Tim Ferriss)
  3. Sports Gambling Will Be Huge. Buy These Stocks. (Barron’s)
  4. Stocks Catch a Cold After Fed Stops Expanding Its Balance Sheet (Barron’s)
  5. Porsche’s first Super Bowl ad since 1997 features car chase with its all-electric Taycan (CNBC)
  6. EIA expects U.S. net natural gas exports to almost double by 2021 (EIA)
  7. Life is Short (safalniveshak)
  8. Seth Klarman passionately defends value investing and said its time is coming again soon (CNBC)
  9. You Can Buy Into These Sports Teams. But the Valuations Are Lofty. (Barron’s)
  10. Opinion: Here’s what the Super Bowl ‘Predictor’ sees for stocks in 2020, depending on whether the 49ers or the Chiefs win (MarketWatch)

Energy Estimates Up Again This Week

Data Source: Factset

Quick notes on earnings this week.  Th most notable change is that 2020 estimates for the Energy Sector went up again this week jumping from 21.4% earnings growth to 25.5% in the past few weeks.

Earnings:

The S&P 500 remains strong at 9.5% EPS growth ($177.41).

Guidance:

The percent of companies issuing negative EPS guidance so far is 58% (7 out of 12). This is below the 5-year average of 70%.