Tag: Energy

Be in the know. 12 key reads for Wednesday…

  1. Mortgage demand from homebuyers amazes again, now up 13% annually despite rising rates (CNBC)
  2. The Rally in Cyclical Stocks Is Just Getting Started. Citi, Chevron, and 38 Other Stocks to Play the Rebound. (Barron’s)
  3. AMC to reopen theaters globally in July (CNBC)
  4. Six things to watch at the Federal Reserve meeting (Financial Times)
  5. Why Occidental Stock May Have More Upside (Barron’s)
  6. Hong Kong’s dollar peg faces new scrutiny as security law looms (Financial Times)
  7. Value and growth investments gap at 25-year high (Financial Times)
  8. BofA Securities Upgrades Occidental Petroleum (OXY) to Buy; ‘Moving up the risk curve’ (Street Insider)
  9. Gundlach Warns Rising Rates May Lead Fed to Yield-Curve Control (Yahoo! Finance)
  10. 3 Ways to Play the Most Hated Stock Market Rally in History (Barron’s)
  11. Coronavirus Obliterated Best African-American Job Market on Record (Wall Street Journal)
  12. Hassett Sees Another Stimulus Bill From Congress Before August Recess (Wall Street Journal)

Be in the know. 20 key reads for Saturday…

  1. OPEC+ Agrees to Extend Output Cuts as Quota Cheats Offer Penance (Bloomberg)
  2. Selloff reminiscent of an older bear market: Oakmark’s Nygren (CNBC)
  3. A Booming Stock Market Could Come Back to Bite the Recovery (Bloomberg)
  4. Can Big Business Fix Racial Injustice? It Has to Try. (Barron’s)
  5. 3 Stocks That Could Benefit When Dining Out Returns (Barron’s)
  6. Here are the 10 most under and overbought S&P 500 stocks, according to Goldman (MarketWatch)
  7. How the U.S. dollar’s ‘almost silent slide’ is juicing the stock-market rally (MarketWatch)
  8. These stocks rose by double digits Friday as underperforming sectors bounced back (MarketWatch)
  9. American Airlines stock adds to its tally of records with a weekly gain of over 75% (MarketWatch)
  10. Minneapolis-based U.S. Bancorp to spend over $115 million to address ‘economic and racial inequities’ (MarketWatch)
  11. Antibody Drugs Could Help Curb the Pandemic. What Investors Need to Know. (Barron’s)
  12. Occidental Stock Rockets 30% Higher (Barron’s)
  13. Amid U.S.-China Tensions, Active Managers Are Buying (Barron’s)
  14. U.S. Unemployment Rate Fell to 13.3% in May (Wall Street Journal)
  15. Home Prices Are Rising, Along With Post-Lockdown Demand (New York Times)
  16. Bears Thwarted Again by Stock Market That Believes in Recovery (Bloomberg)
  17. These 25 Photos Show Why Things Were Designed The Way They Were (Fetch Sport)
  18. Meet the estate agents turning themselves into superstars (Financial Times)
  19. The Art of Being Alone (Farnam Street)
  20. Jamie Dimon: Fed is bringing out the bazooka (YouTube)

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)…”