Tag: StockMarket

Be in the know. 20 key reads for Tuesday…

  1. Oil jumps after rout on stimulus hopes, Russian signal on OPEC talks (Reuters)
  2. Global Markets Are Rising After Trump Hints at Tax Cut Over Coronavirus (Barron’s)
  3. Stocks Fall More Than 7% in Dow’s Worst Day Since 2008 (Wall Street Journal)
  4. The Fed Offers Repo Market $50 Billion More to Ease Rate Pressure (Barron’s)
  5. Russia’s Oil War Has a Political Objective, Says Analyst (Barron’s)
  6. Interesting: Bullish Percent Transports (Hedge Fund Tips)
  7. High-Yield Bonds Are Sinking as Bankruptcy Fears Hit the Oil Patch (Barron’s)
  8. How a Saudi-Russian Standoff Sent Oil Markets Into a Frenzy New York Times)
  9. As Stock Markets Plunge, Trump Calls for Economic Response to Coronavirus (New York Times)
  10. Why falling oil prices could boost the Marcellus Shale (Yahoo! Finance)
  11. Treasurys plunge as Trump floats payroll tax cut amid coronavirus maelstrom (Fox Business)
  12. Wall Street CEOs to meet at White House (Fox Business)
  13. New Jersey’s Investment Chief Wants Talent. Here’s How He’ll Get It. (Institutional Investor)
  14. Lloyd Blankfein Predicts ‘Quick Recovery’ For Markets (Benzinga)
  15. Cabot Oil & Gas Is One Company Rising in Oil-Sector Carnage (Yahoo! Finance)
  16. The economy is ‘like a coiled spring’ and a sharp rebound is possible, analysts predict (CNBC)
  17. Russia to Start Foreign Currency Sales After Ruble Wipeout (Bloomberg)
  18. These Energy Stocks Were Lighter Than Air Monday (Wall Street Journal)
  19. Trump Surprised Staff With Vow to Detail Virus Aid Package Today (Bloomberg)
  20. How the Federal Reserve Can Ease the Coronavirus Panic (Wall Street Journal)

Interesting: Bullish Percent Transports

I was just going through my normal weekend work.  The last two times that “Bullish Percent” got to ZERO for the Transports (sector) were March 2, 2009 (one week before the financial crisis bottom), and Christmas Eve 2018 (the bottom).

It is hard to see how we turn here with all of the pessimism, but that’s usually when something comes around from thin air.  What could the catalysts be in coming weeks?  We don’t know, but here are some ideas:

  1. Gilead’s Remdesivir is proven effective in the Phase 3 test and rolled out for mass human use to treat COVID19.
  2. Russia comes back to the table with OPEC+ and they implement cuts.
  3. Fed Meeting March 18.
  4. Global Coordinated Fiscal Stimulus Package Announced.

While all four scenarios seem low probability – looking at the futures down 1000+ points – it is frequently at these points of acute pessimism that something changes in the near term.  Time will tell…

Click Here To Read How Bullish Percent is Calculated

Be in the know. 10 key reads for Sunday…

  1. Bonds Rally as Stocks Close Lower (Wall Street Journal)
  2. The US government has never had a better opportunity to truly reshape our economy (Business Insider)
  3. Wash Your Hands—but Beware the Electric Hand Dryer (Wired)
  4. The Koenigsegg Gemera is the world’s most wickedly weird hybrid (The Verge)
  5. Episode 977: Where’s The Vaccine? (NPR Planet Money)
  6. CRISPR Treatment Inserted Directly into the Body for the First Time (Scientific American)
  7. Did Passive Investing Fuel A Bubble In Tech Stocks? (Podcast) (Bloomberg Odd Lots)
  8. A simple guide to the vaccines and drugs that could fight coronavirus (Vox)
  9. ‘Unclean! Unclean!’: The Questionable History of Quarantines (Popular Machanics)
  10. Sam Zell Is Buying the Dips in Energy (Chief Investment Officer)

Be in the know. 10 key reads for Saturday…

  1. 11 Stocks and ETFs for a Post-Virus World (Barron’s)
  2. Volatility (ValueWalk)
  3. 12 Dividend Stocks to Buy Amid Turmoil in the Markets (Barron’s)
  4. Oil Plunges 8% as OPEC Can’t Find Agreement (Barron’s)
  5. How to Find a Bottom in Industrial Stocks Using Dividend Yields (Barron’s)
  6. Jack Welch Remembered by Businessweek’s Former Executive Editor (Bloomberg)
  7. These nine companies are working on coronavirus treatments or vaccines — here’s where things stand (MarketWatch)
  8. Using Models to Stay Calm in Charged Situations (Farnam Street)
  9. What Happens to Stocks After a Big Down Month? (A Wealth of Common Sense)
  10. Should I Sell My Stocks? (The Irrelevant Investor)