Be in the know. 10 key reads for Tuesday…

  1. Oil price plunge below zero sends ‘oil tourists’ on wild ride (Reuters)
  2. Risk Parity Is Supposed to Be All Weather. That’s Not Happening. (Institutional Investor)
  3. No One: Absolutely No One: I Wonder What Phil Falcone Is Up To? (Institutional Investor)
  4. Georgia and South Carolina Will Begin To Reopen (Barron’s)
  5. Why Oil Turned Negative (Barron’s)
  6. Schumer says he believes Senate will pass small business relief bill Tuesday (CNBC)
  7. The Fed Is Buying $41 Billion of Assets Daily and It’s Not Alone (Bloomberg)
  8. Ferrari rolls out coronavirus testing to get staff ready for work. (Business Insider)
  9. Opinion: This is the one leading economic indicator stock investors should follow (MarketWatch)
  10. Less Than Zero: What Oil’s Crazy Day Means (Wall Street Journal)

Be in the know. 25 key reads for Thursday…

  1. Car-rental firm Hertz seeks coronavirus bailout (New York Post)
  2. Fed Gives Banks a Break to Keep Markets Calm (New York Times)
  3. Disney, McDonald’s share secret recipes to cook in quarantine (USA Today)
  4. Where to Look in China’s Data Dump for Any Signs of a Rebound (Bloomberg)
  5. Jeff Bezos Wants to Test All Amazon Employees for Covid-19 (Bloomberg)
  6. The Fed Loves Main Street as Much as Wall Street This Time (Bloomberg)
  7. Some Companies Are Looking Cheap. That Could Drive a Wave of M&A. (Barron’s)
  8. J&J, P&G, Buck the Trend by Raising Dividends (Barron’s)
  9. Fear Is Down, but We’re Not Out of the Woods Yet (Barron’s)
  10. Record Amount of Risky Debt Is Coming Due (Barron’s)
  11. Buy Stocks Now, Investing Legend Burton Malkiel Says (Barron’s)
  12. Jobless claims total 5.245 million as 22 million positions have been lost in a month due to coronavirus (CNBC)
  13. Larry Fink: Coronavirus low last month may have been the market bottom (CNBC)
  14. ‘The shopping list is being readied’: Saudi Arabia and Abu Dhabi are scouting for cheap investments after the coronavirus sell-off (Business Insider)
  15. Gilead (GILD) Said to Hold Talks to Buy Stake in Arcus Biosciences (RCUS) – Bloomberg (Street Insider)
  16. Working From Home Permanently Could Rise 100% and These Stocks May Benefit (24/7 Wall Street)
  17. Options markets send cautiously bullish signal on U.S. stock rally (Reuters)
  18. U.S. opposes general allocation of Special Drawing Rights to IMF members (Reuters)
  19. States paying extra $600 unemployment aid (Fox Business)
  20. Mainstream Investors Might Get Access to Alts, But They Won’t Get Alpha (Institutional Investor)
  21. Hedgie with a ‘higher purpose’ to run world’s biggest sovereign fund (Financial Times)
  22. Dalio Says Investors ‘Crazy’ to Hold Government Bonds Now (Dalio Says Investors ‘Crazy’ to Hold Government Bonds Now (Yahoo! Finance)
  23. Warren Buffett will ‘let everybody know’ once he invests the bulk of Berkshire Hathaway’s $128 billion cash pile, Bill Ackman says. (Business Insider)
  24. Billionaire bond king Jeff Gundlach sent a bizarre tweet predicting the end of the ‘You blow dry my hair and I’ll blow dry your hair’ economy. (Business Insider)
  25. Coronavirus Closures Froze Swaths of U.S. Economy in March (Wall Street Journal)

Be in the know. 15 key reads for Monday…

  1. The Art of the Oil Deal (Wall Street Journal)
  2. Gilead Sciences (GILD) Remdesivir Study Shows Two-Third of Severe COVID-19 Patients Improved (Street Insider)
  3. Fed’s Clarida says central bank has tools to avoid deflation: BBG (Reuters)
  4. Fauci: ‘Rolling re-entry’ possible in May (Fox Business)
  5. Photo credit: Emily Elconin
  6. Barron’s Picks And Pans: Berkshire Hathaway, Disney, SoftBank And More (Benzinga)
  7. OPEC and its allies strike historic agreement to cut nearly 10 million barrels a day (MarketWatch)
  8. Higher Natural Gas Prices Are On The Horizon (Yahoo! Finance)
  9. OPEC+ deal saved ‘more than 2 million’ jobs in the US: Russian wealth fund (CNBC)
  10. Historic OPEC+ cut is Trump’s ‘biggest and most complex’ deal ever: Dan Yergin (CNBC)
  11. Goldman Sachs abandons its bearish near-term view on stocks, says the bottom is in (MarketWatch)
  12. U.S. Stabilizes, CDC Says; 70 Vaccines in Progress: Virus Update (Bloomberg)
  13. Alaska Bought Up Berkshire Hathaway, Walmart, and AMD Stock (Barron’s)
  14. 12 Stocks That Are Beating the Market During the Coronavirus Crisis—and Can Keep on Growing After (Barron’s)
  15. Can Cruise Lines and Small Theme Parks Survive? (Barron’s)

Be in the know. 20 key reads for Saturday…

  1. As Credit Markets Rebound, Neediest Borrowers Are Left Behind (Bloomberg)
  2. Majority of Americans who qualify for coronavirus aid are expected to receive direct deposits by April 15 (Business Insider)
  3. N.Y. Deaths Dip; Gilead Drug Shows Early Promise: Virus Update (Bloomberg)
  4. The Terrible Costs of Keeping—or Ending—the Lockdowns (Barron’s)
  5. Time to Hit ‘Buy It Now’ Button on eBay Stock (Barron’s)
  6. This Market Is Made For Warren Buffett. Why Has He Gone Quiet? (Barron’s)
  7. In the Face of a “Rare Mispricing,” an Oil-Services Bear Turns Bull (Barron’s)
  8. Fed’s Emergency Lending Has Peaked. At Least for Now. (Barron’s)
  9. Martin Scorsese Courts Apple and Netflix to Rescue Costly DiCaprio Film (Wall Street Journal)
  10. Apple, Google Bring Covid-19 Contact-Tracing to 3 Billion People (Bloomberg)
  11. 16 million people just got laid off but U.S. stocks had their best week in 45 years (MarketWatch)
  12. Ex-FDA commissioner says ‘widespread screening’ needed to reopen economy (CNN)
  13. The Asset Class That’s Not Getting Crushed by Coronavirus (Institutional Investor)
  14. The Relationship Between Earnings and Bear Markets (A Wealth of Common Sense)
  15. Markets Have Priced In the Lockdown Period. Now What? (Wall Street Journal)
  16. IRS Launches Registration Tool For Stimulus Checks (Forbes)
  17. Coronavirus: Is your auto insurer giving refunds? (ValueWalk)
  18. WEEKLY AND MONTHLY CHARTS SHOW IMPROVEMENT (John Murphy)
  19. America’s Best Trump Impersonator Has Some Thoughts About CNN And Dr. Fauci (Digg)
  20. Paul Walker’s 1969 Ford Mustang Boss 429 Is Headed to Auction (Maxim)

The Rodney Atkins, “Keep On Going” Stock Market (and Sentiment Results)…

Each week I try to tie the theme of the stock market to a song that embodies the feeling of the moment.  The last month could best be defined by Rodney Atkins classic hit, “If You’re Going Through Hell…”  The lyrics that follow, tell the whole story of where we are today: Continue reading “The Rodney Atkins, “Keep On Going” Stock Market (and Sentiment Results)…”