Tag: StockMarket

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. 25 key reads for Wednesday…

  1. ADP Employment Change (May) -2.76M vs -9M Expected (StreetInsider)
  2. Gilead developing inhaled remdesivir usable outside of hospitals (New York Post)
  3. Trump Administration Escalates Global Fight Over Taxing Tech (New York Times)
  4. Small banks and small businesses turned out to be a good combination when it came to PPP loans (USA Today)
  5. Eurozone services PMI climbs to 30.5 in May (MarketWatch)
  6. Restaurant bookings have fully recovered in Germany in a sign that activity rebounds quickly as lockdowns ease (MarketWatch)
  7. Here’s what the ECB has been buying with the special pandemic asset-purchase program that it is set to expand (MarketWatch)
  8. Barron’s Daily: Good News Stock Investors — the Dollar Is Slumping (MarketWatch)
  9. Gilead’s stock upgraded on high hopes for remdesivir revenue (MarketWatch)
  10. The No. 1 thing Americans are spending their stimulus checks on — even more than shopping at Costco, Walmart and Target (MarketWatch)
  11. Saudi, Russia reach deal on oil cuts, raising pressure for compliance (Reuters)
  12. China drives global oil demand recovery out of coronavirus collapse (Reuters)
  13. Boeing jumps after Third Point reveals stake in monthly report (TheFly)
  14. Real Estate Investors View Small Cities as Big Opportunities (Institutional Investor)
  15. China Caixin service PMI up sharply in May (MarketWatch)
  16. What Happened in 1968 Can Show Us Why the Market Is Rising Now (Barron’s)
  17. Lyft Says Ride Volumes Picked Up Smartly in May (Barron’s)
  18. Boeing and Airbus Will Benefit First From an Aerospace Recovery (Barron’s)
  19. A Relative Calm as U.S. Cities Undergo Curfews (Wall Street Journal)
  20. How many small businesses in US are now fully or partially open (Fox Business)
  21. Mortgage demand from homebuyers jumps 18%, as interest rates set another record low (CNBC)
  22. Heart Drugs Show Promise With Covid-19 Complications (Wall Street Journal)
  23. British Pound Climbs on Optimism Over EU Trade Talks (Wall Street Journal)
  24. Fed Promised to Buy Bonds but Is Finding Few Takers (Wall Street Journal)
  25. Coronavirus Stimulus Funds Are Largely Spoken for Wall Street Journal)

Be in the know. 20 key reads for Tuesday…

  1. New coronavirus losing potency, top Italian doctor says (Reuters)
  2. Why Protests Rarely Rattle Markets (Barron’s)
  3. Coty shakes off Kylie Jenner problem, surges 20 percent after KKR buys stake (New York Post)
  4. American Exporters Sell Soy to China Despite Rising Tensions (Bloomberg)
  5. Pound Advances on Glimmer of Optimism Around Latest Brexit Talks (Bloomberg)
  6. Investment banks are torn on which way the market is heading. Citi warns stocks are ‘way ahead of reality,’ but JPMorgan says they can climb higher. (Business Insider)
  7. The pandemic leads to a running boom in America: Morning Brief (Yahoo! Finance)
  8. Oil prices rise ahead of OPEC+ meeting on output cuts (Reuters)
  9. EasyJet to restart flights to 75% of route network by August (BBC)
  10. Oil Prices Mixed As OPEC Tries To Get Ahead Of New Flash Point (Investor’s Business Daily)
  11. Citi Option Trader Bets Nearly $1M On Long-Term Upside (Benzinga)
  12. The Buy-Side Trader Is Getting Outsourced in Coronavirus Crisis (Bloomberg)
  13. One in Four U.S. Covid-19 Deaths Are in Nursing Homes, Data Shows (Wall Street Journal)
  14. The Lancet’s Politicized Science on Antimalarial Drugs (Wall Street Journal)
  15. Buy Lilly, AbbVie and Merck, J.P. Morgan Says (Barron’s)
  16. Las Vegas Casinos Reopen This Week. The Stocks May Reap Different Fortunes. (Barron’s)
  17. Norwegian Cruise Stock Has Tumbled. The Company Has a New Top Investor. (Barron’s)
  18. Here Are Six Dividend Stocks With Solid Payout Prospects—and a Built-In Exit Strategy (Barron’s)
  19. Morgan Stanley Thinks a V-Shaped Recovery Is Possible (Barron’s)
  20. Who Can Get a Loan Through the Paycheck Protection Program? (Barron’s)