The Thomas Rhett “Beer Can’t Fix” Stock Market (and Sentiment Results)…

This week we chose Thomas Rhett’s “Beer Can’t Fix” song to capture the current theme of the Stock Market.  After a near 35% rally off the March 23rd (spike) lows, we have been digesting the gains sideways for ~4 weeks now. Continue reading “The Thomas Rhett “Beer Can’t Fix” Stock Market (and Sentiment Results)…”

Be in the know. 30 key reads for Wednesday…

  1. Wall to Wall: Warren Buffett Airline Stock Dump Analysis (OANN)
  2. Egyptian billionaire Naguib Sawiris sees oil at $100 in 18 months, says he would buy airlines (CNBC)
  3. Global Equities Are Higher After Trump Says Economy Must Reopen (Barron’s)
  4. Why BlackRock says it’s time to reduce the government bonds, and take on more risk, in your portfolio (MarketWatch)
  5. Gilead Lays Out Plan to Produce Remdesivir (Barron’s)
  6. 22 Beaten-Down IPOs That Are Worth a Second Look (Barron’s)
  7. 10 High-Yielding Energy Bonds Are Worth a Look (Barron’s)
  8. Oil Stocks Have Rebounded, But Can Still Go Higher (Barron’s)
  9. Trump Eyes New Tax Cuts for Next Stimulus Package (New York Times)
  10. What going to the mall will be like as coronavirus restrictions are lifted (New York Post)
  11. Ferrari Touts “Strong Order Book”, Expects To Outperform In 2H 2020 (ZeroHedge)
  12. CVS Health revenue rose 8% as customers rushed to buy essentials; shares up (CNBC)
  13. This cruise stock may be a ‘short-term opportunity’ despite 80% drop, trader says (CNBC)
  14. US investors have piled $1 trillion into cash during coronavirus lockdown, but UBS says ‘rushing to the exits’ and abandoning the markets is not the answer. (Business Insider)
  15. ADP says 20.2 million private-sector jobs lost in April during coronavirus pandemic (MarketWatch)
  16. AbbVie (ABBV), Allergan (AGN) Merger Cleared by FTC (StreetInsider)
  17. Fox News’ Greg Gutfeld Tops Colbert, Kimmel and Other Late-Night Hosts in Ratings (Yahoo! Finance)
  18. Buy Boeing Stock, Analyst Says. The 737 MAX Will Become a Cash Provider. (Yahoo! Finance)
  19. Shanghai Disneyland to reopen with coronavirus social distancing measures in place (Fox Business)
  20. Election Betting Odds (electionbettingodds)
  21. Nio More Than Doubles Deliveries In April As Domestic Economy Limps Back To Normalcy (Benzinga)
  22. Why Home Prices Are Rising During the Pandemic (Wall Street Journal)
  23. Your genes could determine whether coronavirus puts you in the hospital — and we’re starting to unravel which ones matter (MarketWatch)
  24. Ken Griffin’s Shutdown Playbook Kept Him on Top of Markets (Bloomberg)
  25. Instacart Wasn’t Ready to Become an Essential Service Overnight (Bloomberg)
  26. Netflix Won’t Share Crucial Data, So TV Producers Are Piecing It Together Themselves (Bloomberg)
  27. One-Man Hedge Fund Gains 56% With Virus-Resistant Tech Bets (Bloomberg)
  28. Hertz Lenders Postpone Financial Reckoning (Wall Street Journal)
  29. Property Investors See Fiber-Optic Cables as ‘Railroads of the Future’ (Wall Street Journal)
  30. Oil Prices Extend Rebound, Boosted by Demand Hopes (Wall Street Journal)