Tag: China

Be in the know. 25 key reads for Thursday…

  1. ECB to Spend Extra 600 Bn Euro on Emergency Bond Buys (Barron’s)
  2. Deutsche Bank Upgrades Wells Fargo (WFC) to Buy; Risks Priced In (Street Insider)
  3. The Morgan Wallen “Chasin’ You” Stock Market (and Sentiment Results)… (Zero Hedge)
  4. Friday’s Job Report Could Support Recovery Hopes (Barron’s)
  5. Consumer Spending Trickles Back as U.S. Reopens (Barron’s)
  6. Podcast: The Paycheck Protection Program Is Starting to Run Out (Barron’s)
  7. History Can Show Us Why the Market Is Rising Now (Barron’s)
  8. Pinterest Accelerates Tech Projects as Pandemic Boosts User Engagement (Wall Street Journal)
  9. Fed Expands Municipal Bond Program, Opening Door to Some Smaller Cities (New York Times)
  10. Beijing to Give $1.7 Billion in Vouchers to Boost Shopping (Bloomberg)
  11. Global GDP Tracker’s 2.3% Drop in May Shows Worst Over (Bloomberg)
  12. Fauci (the Horse) Loses Race Badly in the Mud at Belmont Park (Bloomberg)
  13. European Central Bank takes its pandemic bond buying to 1.35 trillion euros to try and prop up economy (CNBC)
  14. Here are the 9 economic relief programs the Fed is using to combat coronavirus fallout (Business Insider)
  15. An oil CEO says crude prices could surge 90% to $70 by fall because US firms have ‘over-cut production’ (Business Insider)
  16. Saudi Arabia and Russia push for an extension to output cuts, OPEC+ meeting this week still possible (CNBC)
  17. American Airlines (AAL) Increases Domestic Flying for Summer Travel Season, Begins Reopening Admirals Clubs and Increases Flexibility (Street Insider)
  18. 10 US Oil Companies Still Likely to Thrive in 2030 (24/7 Wall Street)
  19. 1.88 million workers file for unemployment benefits (Yahoo! Finance)
  20. Nio stock surges after company posts record-high deliveries for May (MarketWatch)
  21. Homebuilders will benefit from Millennials leaving cities: Expert (Fox Business)
  22. U.S. banks attract bargain hunters (Reuters)
  23. Locked-Up Journalists. Espionage Investigations. Constitutional Challenges. The Government’s Release of Economic Data Was Arcane and Complex — Until Now. (Institutional Investor)
  24. Gilead Analyst: Coronavirus Drug, Arcus Collaboration Make Biopharma A Buy (Benzinga)
  25. Royal Caribbean to offer up to $2 billion in bonds and convertible bonds that mature in 2023 (MarketWatch)

The Morgan Wallen “Chasin’ You” Stock Market (and Sentiment Results)…

This week’s Stock Market theme song is Morgan Wallen’s “Chasin’ You.”  Managers who were dramatically underweight equities – and missed the rally – were reluctantly forced to succumb to Morgan’s lyrics this week. They scrambled to gain equity exposure and chased the stock market rally: Continue reading “The Morgan Wallen “Chasin’ You” Stock Market (and Sentiment Results)…”

Be in the know. 20 key reads for Friday…

  1. Disney Eyes Key Step To Reopen Florida Parks As Rival Gets OK (Investor’s Business Daily)
  2. Deere Crushed Earnings Estimates. Its Stock Is Flying. (Barron’s)
  3. Scoring tickets to NYC drive-in movies is now a competitive sport (New York Post)
  4. Americans use their stimulus checks to splurge at Walmart, Target and Best Buy (New York Post)
  5. Rise of S.U.V.s: Leaving Cars in Their Dust, With No Signs of Slowing (New York Times)
  6. U.S.-China tensions are flaring on a new front: the financial markets (CNBC)
  7. Why one strategist says these hard-hit stocks will rebound — even if there’s a second wave to the pandemic (MarketWatch)
  8. States reopen after coronavirus lockdowns: More beaches, casinos open ahead of Memorial Day holiday weekend (MarketWatch)
  9. Opinion: As the economy reopens, these three indicators will show the strength of the recovery (MarketWatch)
  10. A Few Big Stocks Are Driving Market Gains. That’s an Opportunity. (Barron’s)
  11. Western Digital Stock Has Fallen Far Enough. ‘Risks Are to the Upside.’ (Barron’s)
  12. Why one analyst thinks now is the time to buy cruise stocks (Yahoo! Finance)
  13. 10 Forces Driving the Stock Market Gains and the Economic Recovery (24/7 Wall Street)
  14. Elon Musk Is the Hero America Deserves (Bloomberg)
  15. China vows to push ahead with ‘phase one’ US trade deal amid renewed tensions (CNBC)
  16. BANK OF AMERICA: Stocks haven’t been this attractive relative to bonds in 70 years, suggesting further gains are coming (Business Insider)
  17. Fauci Calls Moderna’s Coronavirus Vaccine Candidate ‘Quite Promising’ (Benzinga)
  18. Royal Caribbean hopes to resume cruises as soon as August, but the CEO says only if it’s safe (CNBC)
  19. Michael Burry Could Profit on Selloff Bets (Yahoo! Finance)
  20. China promises more spending to help revive economy, won’t set growth target (MarketWatch)

Be in the know. 30 key reads for Thursday…

  1. All 50 States Have Now Taken Steps to Reopen (Wall Street Journal)
  2. Shopping Malls Are Reopening, but Visits Are Still Way Down (Barron’s)
  3. “Leave My Mom Out Of It”: Virtual Debate Between Caruso-Cabrera And AOC Turns Ugly (ZeroHedge)
  4. Coronavirus live updates: Italian PM says ‘worst is behind us;’ Elvis Presley’s Graceland to reopen (CNBC)
  5. Boeing Stock Will Rebound. Look Beyond Covid-19. (Barron’s)
  6. The Grace Potter “Falling or Flying” Stock Market (and Sentiment Results)… (ZeroHedge)
  7. Lowe’s Did What Home Depot Couldn’t (Barron’s)
  8. Oil prices extend climb toward highest level since March as demand and supply seen taking steps toward recovery (MarketWatch)
  9. This could be the next signal for the S&P 500 to climb past 3,000, says Standard Chartered (MarketWatch)
  10. Airline Stocks Rally as Carriers Plan June Restart and State Bailouts Ease Fears (Barron’s)
  11. Fed Minutes Outline Potential Next Steps to Fight Crisis (Barron’s)
  12. 5 Restaurant Stocks That Are Still Worth Buying (Barron’s)
  13. More Analysts See Oil Demand Exceeding Supply Later This Year. That’s a Bullish Sign for Oil. (Barron’s)
  14. Contact Tracing Takes a High-Tech Step Forward (Barron’s)
  15. The Dow Is Up — and the Number of Stocks In Up Trends Is Too (Barron’s)
  16. Can You Get Covid-19 Twice? (Wall Street Journal)
  17. TikTok parent company valued at over $110B (New York Post)
  18. Coronavirus Shut Down the ‘Experience Economy.’ Can It Come Back? (New York Times)
  19. China’s Xi Seeks to Portray Unity and Pivot to Economy Under Coronavirus Shadow (Wall Street Journal)
  20. When Will Big Concerts Finally Return After Covid? (Think 2021) (Wall Street Journal)
  21. Andrea Bocelli Wants to Get Back to Work (Wall Street Journal)
  22. U.S. Raises Ante in Vaccine Race With $1.2 Billion for Astra (Bloomberg)
  23. Trump Points Finger at China’s Xi, Escalating Fight Over Virus (Bloomberg)
  24. Disney and Universal to Begin Submitting Florida Reopening Plans (Bloomberg)
  25. Young Join the Rich Fleeing America’s Big Cities for Suburbs (Bloomberg)
  26. Starbucks U.S. same-store sales have recovered more than 60% from last year, summer menu announced (MarketWatch)
  27. 2.4 million more file for unemployment, but weekly number steadily decreasing (Fox Business)
  28. Why Texas Roadhouse Could Be A Big Post-Shutdown Winner (Yahoo! Finance)
  29. Trump admin. gives energy companies temporary breaks on royalty rates, rent (Fox Business)
  30. Why Magic Johnson, Mark Cuban Are Connecting Minority-Owned Businesses With Millions In PPP Loans (Benzinga)