Be in the know. 5 key reads for Monday…
- Oil Spike, Auto Strike Won’t Derail U.S. Economy (Barron’s)
- Chicago School Professor Fights ‘Chicago School’ Beliefs That Abet Big Tech (New York Times)
- British Prime Minister Boris Johnson is set to explore a Brexit deal with the President of the European Commission Jean-Claude Juncker over lunch of snails and salmon. (Business Insider)
- The 2019 McLaren 720S Spider is a $315,000 supercar with mind-bending performance (CNBC)
- Strong U.S. Dollar Prompts Speculation of Trump Intervention (Wall Street Journal)
Quote of the Day…
Be in the know. 12 key reads for Sunday…
- Global spare oil capacity in U.S. hands after Saudi outage (Reuters)
- Uber and Lyft say they don’t plan to reclassify their drivers as employees (Vox)
- The Debt That Never Dies: China’s Imperial Bonds (NPR Planet Money)
- VIDEO: Short Selling Stocks Was Invented As Revenge (NPR Planet Money)
- The Third Democratic Debate In 7 Charts (FiveThirtyEight)
- This Guy Grew Up Knowing 2 Things: Hard Work and Hockey. Now He’s Combined Them Into a Hugely Successful Business (Inc.)
- The Co-Founder of Shareholder Activism Is Dead, but His Cause Is Thriving (Cheif Investment Officer)
- Coach Parent Tapestry Could See a Turnaround (Barron’s)
- Saudi Oil Attack: This Is the Big One (Wall Street Journal)
- Surge in Treasury Yields Highlights Easing Economic Worries (Wall Street Journal)
- Stephen Schwarzman’s Lifelong Audacity (Wall Street Journal)
- U.K. Steps Up Efforts Toward a Brexit Deal, Pushing Pound Higher (Wall Street Journal)
Be in the know. 12 key reads for Saturday…
- Souring Bets on Apocalypse Were at Center of Quant Stock Storm (Bloomberg)
- Ken Burns — A Master Filmmaker on Creative Process, the Long Game, and the Noumenal (#386) (Tim Ferriss Show)
- The Faulty Metric at the Center of Private Equity’s Value Proposition (Institutional Investor)
- The Power of Questions (Farnam Street)
- The Great Rotation Continues (Quantifiable Edges)
- Citigroup’s Stock Bear Acquiesces With S&P 500 on Cusp of Record (Bloomberg)
- Billionaire Ken Fisher Wants to Knock Out Wall Street (Bloomberg)
- Value Finally Replaces Growth. But Will This Hate Rotation Last? (Barron’s)
- LEGO Unveils 2,573-Piece Model of New Land Rover Defender (Maxim)
- These Are the Next Wave of Ultra-Luxury Electric Cars Entering the Market—and They Don’t Disappoint (Architectural Digest)
- S&P 500 up 13 of last 16 September option expiration weeks (Almanac Trader)
- Kara Swisher Discusses the Tech Industry (Podcast) (Bloomberg)
2020 Earnings Estimates Remain at Double Digit Growth
Data Source: Factset
For 2020, analysts are projecting S&P 500 earnings growth of 10.6% and revenue growth of 5.6%. The question is what sectors will lead, and how far are they trading from their bottom-up price targets? Continue reading “2020 Earnings Estimates Remain at Double Digit Growth”
Where is money flowing today?
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 8 key reads for Friday…
- Euro surges as investors see ECB done with stimulus (StreetInsider)
- China adds US agricultural products to tariff exemptions ahead of trade talks (CNBC)
- Trump says he would consider an interim trade deal with China (CNBC)
- Transformative? New Device Harvests Energy in Darkness (New York Times)
- America’s Billionaire Playgrounds: Rockets, Ranches and Rivers (Bloomberg)
- Shares, bond yields perch at six-week highs (Reuters)
- Pound climbs to nearly two-month high on Brexit report (MarketWatch)
- Old Navy Plans to Open 800 More Stores (Wall Street Journal)