Be in the know. 8 key reads for Thursday…

  1. Trump: China ‘broke the deal’ in trade talks (CNBC)
  2. Showtime’s 4-part Wu-Tang Clan documentary is so epic RZA calls it the ‘bible’ of the band (Business Insider)
  3. China Threatens Trump With Countermeasures Over Trade (Forbes)
  4. Taylor Swift’s ‘Me!’: Five Major Chart Achievements The Song Managed This Week (Forbes)
  5. US weekly jobless claims fall less than expected (CNBC)
  6. Is Charlize Theron Getting Her Own Fast & Furious Spin-Off? (MovieWeb)
  7. Trump’s tweet about Workhorse sent its stock soaring on news the electric-truck company is in talks to buy a GM assembly plant in Ohio (Business Insider)
  8. Facebook co-founder says Zuckerberg ‘not accountable,’ calls for government break up (NBC)

 

 

AAII Sentiment Survey Results: Back at Extreme. What’s next?

If you had asked me last night where the AAII sentiment Survey results would come in this morning I would have said, “35-37% bullish percent.”  Instead we got an extreme read to 43.12%.  Bearishness is still near historic lows at 23.19%.  This is not the type of read bulls want to see. Continue reading “AAII Sentiment Survey Results: Back at Extreme. What’s next?”

Be in the know. 8 key reads for Wednesday…

  1. Hedge Fund and Insider Trading News: David Einhorn, Warren Buffet, Elliot Management, Tesla Inc (TSLA), Annaly Capital Management (NLY), and More (Insider Monkey)
  2. SAP CEO welcomes ‘fantastic’ activist shareholder Elliott (Reuters)
  3. An Old Tax Dodge for the Wealthy Is Making a Comeback (Barron’s)
  4. Real Estate’s Latest Bid: Zillow Wants to Buy Your House (New York Times)
  5. China Defaults Hit Record in 2018. 2019 Pace Is Triple That (Bloomberg)
  6. ‘Smart Beta’ Might Not Be So Smart After All (Bloomberg)
  7. Why Amazon Is Gobbling Up Failed Malls (Wall Street Journal)
  8. Exclusive: China backtracked on nearly all aspects of U.S. trade deal – sources (Reuters)