Be in the know. 15 key reads for Thursday…

  1. Finland and Norway Avoid Covid-19 Lockdowns but Keep the Virus At Bay (Wall Street Journal)
  2. AstraZeneca’s Covid-19 Vaccine Shows Strong Immune Response in Older Adults (Barron’s)
  3. It’s Still Boom Times for Home Builders, October Data Show (Barron’s)
  4. FedEx driver caught slaying Mariah Carey’s ‘All I Want for Christmas’ (New York Post)
  5. Dow falls in late trading after NYC moves to close schools (New York Post)
  6. U.S. weekly jobless claims total 742,000, vs 710,000 estimate (but continuing claims fall) (CNBC)
  7. Billionaire investor Bill Ackman discussed his pandemic hedge, praised Trump, and explained his Berkshire Hathaway exit in a recent interview. Here are the 19 best quotes (Business Insider)
  8. 3 Dividend Oil Stocks For Investors To Consider (Benzinga)
  9. Vaccine arrival expected to trigger dollar slump in 2021 (Financial Times)
  10. Why value investing still works in markets (Financial Times)
  11. Jamie Dimon blames ‘childish behavior’ in Congress for coronavirus relief deadlock (Fox Business)
  12. This bond-market signal will tell investors when/if it’s time to sell stocks, says strategist (MarketWatch)
  13. FDA Clears First Covid-19 Test Performed Fully at Home (Wall Street Journal)
  14. Market’s Vaccine Euphoria Was Bad News for Momentum Funds (Wall Street Journal)
  15. Investors Bet Economic Recovery Won’t Spark Jump in Inflation (Wall Street Journal)

The AC/DC “Thunderstruck” Stock Market (and Sentiment Results)…

With yesterday’s weakness into the close, we chose AC/DC’s, “Thunderstruck” as the song to embody current stock market sentiment.  The end of day sell off was precipitated by the NYC Mayor’s decision to close all schools. Continue reading “The AC/DC “Thunderstruck” Stock Market (and Sentiment Results)…”

Be in the know. 25 key reads for Wednesday…

  1. Financial Stocks Rally as Jefferies Turns Bullish Through 2021 (Bloomberg)
  2. Opinion: Put bank stocks in the ‘buy’ pile if you think a coronavirus vaccine will help mend the economy (MarketWatch)
  3. Pfizer’s Final Analysis Shows Covid Vaccine is 95% Effective (Barron’s)
  4. The MAX Jet Is Back. It’s Good for More Stocks Than Boeing. (Barron’s)
  5. U.S. housing starts beat expectations in October (Reuters)
  6. Apple to Cut App Store Fees in Half for Most Developers (Yahoo! Finance)
  7. Hospitals may limit access to Eli Lilly COVID-19 treatment (New York Post)
  8. FDA Gives Nod To First COVID-19 At-Home Rapid Test (Benzinga)
  9. Rupert Murdoch’s News Corp Bids for Simon & Schuster (New York Times)
  10. Disappearing Tweets? Twitter Now Has a Feature for That (New York Times)
  11. Warren Buffett is Hiding Something Big (Street Insider)
  12. ‘The Squad’ pushes Biden to cancel student debt — here’s how they’d personally benefit (Fox Business)
  13. Tire Maker Michelin Could Get a Lift From More Drivers (Barron’s)
  14. How Bad Is Amazon Pharmacy for CVS and Walgreens? (Barron’s)
  15. Here’s why stocks can climb 15% next year, according to JPMorgan’s strategists (MarketWatch)
  16. ‘Keep the faith, trust the recovery’ — Morgan Stanley raises its S&P 500 target but says it won’t be a smooth ride (MarketWatch)
  17.  The ECB May Loosen Its Dividend Ban, so Eurozone Banks Should Narrow the Gap With UBS, Goldman Sachs Says (Barron’s)
  18. Fund managers have hopped on the rotation-to-value trade, latest Bank of America survey shows (MarketWatch)
  19. Japan’s exports nearly back at pre-COVID levels (MarketWatch)
  20. U.S. Retail Sales Climbed at a Slower Pace in October (Wall Street Journal)
  21. Moderna and Pfizer Are Reinventing Vaccines, Starting With Covid (Wall Street Journal)
  22. Mortgage demand from homebuyers surges after election pause (CNBC)
  23. JPMorgan’s Jamie Dimon Says Congress Is Being ‘Childish’ on Stimulus (Bloomberg)
  24. Goldman Sachs says commodities poised for bull market (Reuters)
  25. Pfizer says it will seek U.S. emergency-use authorization within days for coronavirus vaccine (MarketWatch)