Category: What I’m Reading Today

Be in the know. 20 key reads for Saturday…

  1. NextEra Is the Country’s Biggest Electric Utility—and a Leader in Renewables (Barron’s)
  2. Inner Game with Steven Cohen (Stray Reflections)
  3. Feds accelerating crypto world crackdown (Fox Business)
  4. OPEC+ Expected to Boost Oil Production Next Week (Barron’s)
  5. The Banks Passed Stress Tests. Now They Get to Announce Payouts. (Barron’s)
  6. Pfizer Developed a Vaccine in Less Than a Year. There’s More to Come. (Barron’s)
  7. Larry Culp Is Building a Leaner, Meaner, More Profitable GE (Barron’s)
  8. Jamie Dimon on JPMorgan Chase: ‘There Isn’t a Single Area Where We Can’t Grow.’ (Barron’s)
  9. Larry Fink Made BlackRock a Powerhouse. Why He’s Bullish on China. (Barron’s)
  10. Progressive’s CEO Has Grown the Auto Insurer. Warren Buffett Approves. (Barron’s)
  11. Brian Moynihan Has Run Bank of America Conservatively. Shareholders Have Prospered.(Barron’s)
  12. Lightning return to Stanley Cup Final with Game 7 win vs. Islanders (USA Today)
  13. Two Energy Stocks See Large Insider Share Buys (Barron’s)
  14. 3 Reasons Nike Stock Is Soaring After Earnings (Barron’s)
  15. Our Top CEOs: Meet 30 Leaders Who Turned Crisis Into Opportunity (Barron’s)
  16. General Dynamics CEO Phebe Novakovic Believes in Patriotism and Resilience (Wall Street Journal)
  17. Haters Everywhere in Stock Market After S&P 500’s Big First Half (Bloomberg)
  18. Consumer Spending Is Primed to Fuel Summer Growth (Wall Street Journal)
  19. 2021 Tesla Model S Plaid: Feel the Force—0-60 in 2 Seconds (Wall Street Journal)
  20. Why Wall Street loves Joe Manchin right now (CNN)

Be in the know. 40 key reads for Friday…

  1. Ant Is Addressing Regulators’ Demands. What Proposed Changes Could Mean for China’s Big Tech Valuations. (Barron’s)
  2. This Biotech Is Editing Genes Inside the Body. What It Means for the Stock. (Barron’s)
  3. Nearly 3.4M workers remain on jobless benefits despite drop in weekly claims (New York Post )
  4. Nike Earnings Beat Expectations. Why Its Stock Is Jumping. (Barron’s)
  5. Banks Pass the Fed’s Stress Tests. It’s Buyback Time. (Barron’s)
  6. Citigroup: From Laggard to Leader? (Barron’s)
  7. Biden Says an Infrastructure Deal Has Been Reached. Here’s What It Means for Stocks. (Barron’s)
  8. Will Fed tapering concerns derail the rising stock market? ‘Investors should look past it,’ says one strategist. (MarketWatch)
  9. 5 Things We Learned From This Week’s Big SPAC Conference (Barron’s)
  10. Merrill Lynch’s Raj Bhatia: ‘One Face-to-Face Meeting Is Worth More Than 100 Emails’ (Barron’s)
  11. Your NFT Sold for $69 Million—Now What? Beeple Turns to a New Project, and Old Masters. (Wall Street Journal)
  12. Didi Sets Valuation Target of $62 Billion to $67 Billion in IPO (Wall Street Journal)
  14. The Economic Recovery Is Here. It’s Unlike Anything You’ve Seen. (Wall Street Journal)
  15. 4,368 Episodes Later, Conan O’Brien’s Late-Night Run Ends (Wall Street Journal)
  16. Fed’s Williams Says More Progress Needed Before Rate-Hike Shift (Wall Street Journal)
  17. Eli Lilly to Seek FDA Approval for Alzheimer’s Drug (Wall Street Journal)
  18. ‘F9: The Fast Saga’ Review: Furiouser and Curiouser (Wall Street Journal)
  19. FedEx to Ramp Up Spending to Ease Delivery Delays (Wall Street Journal)
  20. Hospital Stocks’ Rally Points to Post-Covid Growth (Wall Street Journal)
  21. Fed Gives Big Banks Clean Bill of Health in Latest Stress Test (Wall Street Journal)
  22. Bond Anomalies Have Been Around Since Napoleon (Bloomberg)
  23. Wall Street Binges on Volatility Hedges as Stocks Hit Records (Bloomberg)
  24. Apple’s Car Obsession Is All About Taking Eyes Off the Road (Bloomberg)
  25. Iran Misses Deadline to Renew Nuclear Monitoring Pact With IAEA (Bloomberg)
  26. Virgin Galactic jumps 12% after getting the green light from the FAA to fly passengers to space (CNBC)
  27. Cramer’s lightning round: ‘I want to buy the stock of Verizon’ (CNBC)
  28. Elon Musk says he will debate Jack Dorsey about bitcoin, after criticizing the token’s energy use (Business Insider)
  29. These 30 stocks are the best dividend income growers among the S&P 500 (MarketWatch)
  30. U.S. consumer spending takes a breather in May (Reuters)
  31. Roche’s arthritis drug gets authorized as COVID-19 treatment for the severely ill (MarketWatch)
  32. Netflix upgraded to Outperform from Neutral at Credit Suisse (TheFly)
  33. Natgas Futures Hit 29-Month High Amid Heat Wave (ZeroHedge)
  34. All 23 US Banks Easily Pass Fed’s Stress Test, Setting Stage For Billions In Buybacks (ZeroHedge)
  35. Paris Air Show Reveals Increasing Demand for Boeing (BA) MAX and China Recert Likely in 3Q – Morgan Stanley (StreetInsider)
  36. Eli Lilly (LLY) Surges After Getting Breakthrough Therapy Designation From FDA, Analyst Raises PT and Sees Approval Chance at 90%, Biogen (BIIB) Plunges (Street Insider)
  37. Hershey Foods’ (HSY) Jet Spotted in Buffett’s Backyard – Analyst (StreetInsider)
  38. Jefferies Says Jump On the Weakness in Three Top Gaming Stocks and Buy Now (24/7 Wall Street)
  39. Here’s why Boeing’s stock will soar (Yahoo! Finance)
  40. Hedge funds rethink tactics after $12bn hit from meme stock army (FinancialTimes)

Be in the know. 30 key reads for Thursday…

  1. Jack Ma’s Ant in Talks to Share Data Trove With State Firms (Wall Street Journal)
  2. Lilly’s (LLY) donanemab receives U.S. FDA’s Breakthrough Therapy designation for treatment of Alzheimer’s disease (Street Insider)
  3. General Electric (GE) Approaching a Free Cash Flow Inflection Driven By Aviation – UBS (Street Insider)
  4. Vertex Pharma (VRTX) Approves $1.5B Buyback Program (Street Insider)
  5. SEC’s planned new ‘woke’ rules creating cost concerns for business leaders (FoxBusiness)
  6. Rates Are Still Low. Here Are 8 Large-Cap Stocks That Offer Income. (Barron’s)
  7. The Fed’s Stress Test Results Are Coming. All Eyes Are on Bank Stocks. (Barron’s)
  8. Berkshire Hathaway Appears to Have Bought Back $6 Billion of Stock in Quarter (Barron’s)
  9. India Warns About Delta Plus Covid-19 Variant (Barron’s)
  10. Economies Need Central Bank Digital Currencies More Than Bitcoin, Says Global Banking Watchdog (Barron’s)
  11. ViacomCBS, Roku Stock Jump on Report of Comcast M&A Speculation (Barron’s)
  12. Canadian Stocks Look Cheap, BofA Says. Why They Could Be Cyclical Superstars. (Barron’s)
  13. Prime Day Is Over. These 12 Stocks Are Still Good Deals. (Barron’s)
  14. The clearest evidence that Wall Street has no clue where Treasury yields are headed (MarketWatch)
  15. 5 BofA Securities US 1 List Stocks to Buy Now That Also Pay Very Dependable Dividends (24/7wallst)
  16. Biden and Senators Close In on Bipartisan Infrastructure Deal (New York Times)
  17. Emergency Landing for China’s Flying Pig Prices (Wall Street Journal)
  18. S. economy grew 6.4% in year’s first quarter, Commerce Department reiterates (MarketWatch)
  19. Jobless claims slip, but remain at elevated pandemic levels (Fox Business)
  20. Durable goods jump as transportation rebounds (Fox Business)
  21. OPEC+ Weighs Cautious Supply Hike as Oil Market Begs for Barrels (Bloomberg)
  22. How Home Builders Are Contributing to Housing Frenzy (Wall Street Journal)
  23. Big Win for Property Rights (Wall Street Journal)
  24. Xpeng (XPEV) Leaps After Receiving a Green Light From Regulators to Raise Up To $2 Billion in Hong Kong IPO (Street Insider)
  25. com (AMZN) Prime Day Sales Increase 7% Generating New Record – Morgan Stanley (Street Insider)
  26. Goldman Sachs Sees S&P 500 Dividend Growth Much Higher Than Market is Pricing (Street Insider)
  27. Lumber continues to skid below $900 with the commodity in free-fall from May highs (Business Insider)
  28. Tencent takes quiet path through China’s tech turbulence (Financial Times)
  29. Russian supply curbs exacerbate squeeze on European gas market (Financial Times)
  30. Carnival expects second-quarter losses of $2 billion, teases additional cruise restarts (MarketWatch)

Be in the know. 20 key reads for Wednesday…

  1. Earnings Bonanza Could Dwarf Fed Worries (Wall Street Journal)
  2. That Was a Lot of Sound and Fury for a 0.0% Return (Bloomberg)
  3. ‘F9’ Is Under Pressure to Be the Flick That Revives Moviegoing (Bloomberg)
  4. Wells Fargo: Here’s The Best Asset To Own When Inflation Strikes (Investor’s Business Daily)
  5. Don’t Call the Value Rally Dead Just Yet (Barron’s)
  6. The Nasdaq Hit a Record. The Rally May Just Be Starting. (Barron’s)
  7. European stocks ease, but PMI shows business activity surging (MarketWatch)
  8. XPeng stock jumps as Chinese Tesla rival reportedly gets approval for Hong Kong IPO (MarketWatch)
  9. Citigroup Has Been a Laggard. This Fund Manager Thinks It’s Ready to Be a Leader (Barron’s)
  10. S. Existing-Home Prices Hit Record High in May (Wall Street Journal)
  11. Fed’s Powell Plays Down Inflation Threat (Wall Street Journal)
  12. Why There Is No ‘Taper Tantrum’ This Time Around (Wall Street Journal)
  13. Nonbank Lenders Are Dominating the Mortgage Market (Wall Street Journal)
  14. Bostic: Fed should avoid ‘prematurely’ declaring win in jobs battle (Reuters)
  15. Value Investors Don’t Need to Avoid Growth Companies. In Fact, Doing So Can Hurt Returns. (Institutional Investor)
  16. Stunning Confessions of a Short Seller (Institutional Investor)
  17. BofA Securities Out with Top Small and MidCap Stock Picks For 2nd Half (24/7 Wall Street)
  18. The SPAC Man Method: Inside the Billionaire Rush for Riches (Bloomberg)
  19. Americans Are On the Cusp of Another Borrowing Binge (Bloomberg)
  20. Millionaire Investors Have ‘No Choice’ But to Take On More Risk (Bloomberg)

Be in the know. 28 key reads for Tuesday…

  1. Splunk to receive $1B investment from Silverlake (TheFly)
  2. The recovery in air flight bookings has stalled — and business travel is to blame (New York Post)
  3. Splunk Shares Soar on $1 Billion Investment From Silver Lake (Bloomberg)
  4. Fed Pivot Seen as More Detour Than Dead-End for Reflation Trades (Bloomberg)
  5. This Big Tech Stock Is Always on Sale (Wall Street Journal)
  6. Google Executives See Cracks in Their Company’s Success (New York Times)
  7. White House Officials Head to Hill for Infrastructure Talks (Bloomberg)
  8. Economy Is Showing Sustained Progress, Powell Says (Wall Street Journal)
  9. Powell Holds Firm to Fed’s Inflation Stance in House Covid-19 Update (Barron’s)
  10. Opendoor CFO Says Company Can Succeed in a Housing Market Downturn (Barron’s)
  11. Rates Are Still Low. These 8 Large-Cap Stocks Offer Income (Barron’s)
  12. Covid-19 Showed mRNA Vaccines Work. Translate Bio, Sanofi, Test One for Flu. (Barron’s)
  13. Energy Stocks Have Potential New Appeal: Dividends (Barron’s)
  14. Royal Dutch Shell’s cash-generation potential is highlighted by JPMorgan (MarketWatch)
  15. After a Years-Long Slump, New York Townhouse Sales Picked up in the Pandemic (Barron’s)
  16. YouTube Shorts Is Taking on TikTok and Minting a New Constellation of Concise Video Stars (Bloomberg)
  17. Hedge Funds Held on to Pandemic Losers, and Now It’s Paying Off (Bloomberg)
  18. A Record Buyout Is Just the Start as Wealthy Flee U.S. Tax Hike (Bloomberg)
  19. EU opens antitrust probe into Google’s advertising unit (CNBC)
  20. Hedge fund that bet against GameStop shuts down (Financial Times)
  21. Shipping stocks have notched triple-digit gains in 2021 as transport rates skyrocket (Business Insider)
  22. Fed’s Williams says slowing down bond purchases ‘quite a ways off’ (MarketWatch)
  23. Netflix (NFLX) Confirms Partnership with Steven Spielberg’s Amblin (StreetInsider)
  24. Splunk (SPLK) Announces $1 Billion Investment from Silver Lake, Announces $1B Buyback (StreetInsider)
  25. Mad Money Host Jim Cramer Says He’s Sold Most of His Bitcoin Following China Crackdown (Yahoo! Finance)
  26. Bridgewater’s Prince rejects return of 1970s ‘Great Inflation’ (Financial Times)
  27. Bond spreads collapse as investors rush into corporate debt (Financial Times)
  28. Gilead’s Veklury® (Remdesivir) Associated With a Reduction in Mortality Rate in Hospitalized Patients With COVID-19 Across Three Analyses of Large Retrospective Real-World Data Sets (TrialSiteNews)

Be in the know. 17 key reads for Monday…

  1. Bank Stocks Got Beaten Up by the Fed. How the Fed Can Help Them Bounce Back. (MarketWatch)
  2. ‘Nice underpinning to the market’: Buybacks may prop stock market rattled after Fed meeting (MarketWatch)
  3. Consolidation May Be Coming to a Screen Near You (Wall Street Journal)
  4. This Home Builder Stock Is a Buy. Here’s Why. (MarketWatch)
  5. Gilead says real-world data shows COVID-19 drug Veklury can reduce the risk of death (MarketWatch)
  6. Nuclear Talks on Hold. The Energy Report 06/21/2021 (Phil Flynn)
  7. 3 Of Jefferies Top Value Stocks To Buy Are Mega-Cap Tech and Defense Giants (24/7 Wall Street)
  8. Inflation hasn’t dented earnings forecasts: Morning Brief (Yahoo! Finance)
  9. The natural-gas glut has evaporated, driving prices higher (Fox Business)
  10. Germany’s Armin Laschet warns against cold war with China (Financial Times)
  11. Michael Burry Issues Grim Warning On Cryptocurrency, Stonks: Losses Will ‘Approach The Size Of Countries’ (Benzinga)
  12. EU tech policy is not anti-American, says Vestager (Financial Times)
  13. Olympic venues to cap number of spectators at 10,000 (Financial Times)
  14. Bitcoin drops as China intensifies crypto mining crackdown (CNBC)
  15. China has administered more than 1 billion doses of its Covid-19 vaccines (CNBC)
  16. Cruise Operators Win Relief as Florida Judge Rules Against CDC’s Sailing Order (Barron’s)
  17. Lidar Technology Will Enable a Self-Driving Future. What to Know About 6 Stocks. (Barron’s)

Be in the know. 12 key reads for Sunday…

  1. Robert Cialdini on the Psychology of Influence (Podcast) (Bloomberg)
  2. Down Triple Witching Weeks Trigger More Weakness Week After (Almanac Trader)
  3. Amazon Prime Day 2021 Is Three Days Away—Here’s Everything To Know (Forbes)
  4. 23andMe’s Anne Wojcicki Becomes Newest Self-Made Billionaire After SPAC Deal With Richard Branson (Forbes)
  5. 10 Best Dividend Stocks to Buy According to Billionaire David Tepper (Insider Monkey)
  6. ECRI Weekly Leading Index Update (Advisor Perspectives)
  7. Fed Reverse Repos Surge to Record of $756 Billion After Rate Tweak Wall Street Journal)
  8. Beverly Hills Tour d’Elegance Hits the Road This Weekend with a $100M+ Convoy (TheDrive)
  9. AirTags and Find My are ushering in a whole new Apple era (TNW)
  10. Meet Dr. Jennifer Doudna: she’s leading the biotech revolution (Big Think)
  11. Listen to the One-Off Bugatti Bolide’s Wild Straight-Piped 1850-HP W-16 Engine (roadandtrack)
  12. Why Ram Parameswaran Says the World’s Biggest Tech Stocks Are Ridiculously Cheap Right Now (Bloomberg)

Be in the know. 20 key reads for Saturday…

  1. Tesla Isn’t the Only Self-Driving Car Company. The Stocks to Buy—and Ones to Avoid. (Barron’s)
  2. S. Faces a Housing Shortage. This Builder Can Help Fill the Gap—and Its Stock Is a Buy. (Barron’s)
  3. Markets to the Fed: Your Hawkish Turn Isn’t Fooling Anyone (Barron’s)
  4. Disney Stock Looks Set to Get a Boost From a Quicker Reopening (Barron’s)
  5. The Reopening Could Send Six Flags Stock Vertical (Barron’s)
  6. Energy Stocks Have Potential New Appeal: Dividends (Barron’s)
  7. Why Moderna, Illumina, or Meituan Could Be the Next Tesla Stock (Barron’s)
  8. Rate-Hike Worries Send Dow to Worst Week Since October (Wall Street Journal)
  9. At Olympic Swim Trials, the Battle Is in the Warm-Up Pool (Wall Street Journal)
  10. CVS and Walgreens Were Reeling From Pandemic, but Fortunes Have Changed (Wall Street Journal)
  11. Boeing’s largest 737 Max model jets off on maiden flight (New York Post)
  12. Fed Shocks Stocks With Blow to Dreams of Value Investor Nirvana (Bloomberg)
  13. The Fed’s latest policy decision will prop up stocks through 2021 but it may be a misstep for the central bank, Mohamed El-Erian says (Business Insider)
  14. Fed’s Kashkari opposed to rate hikes at least through 2023 (CNBC)
  15. 16 short-squeeze targets in the stock market, including Canoo, Tootsie Roll and a prison operator (MarketWatch)
  16. Empty Oil Tanks at Key Storage Hub Show Speedy Demand Rebound (Bloomberg)
  17. The Long-Term Forecast for U.S. Stock Returns (Morningstar)
  18. Billionaire investor David Tepper says ‘the stock market is still fine’ after Fed announcements (CNBC)
  19. Seizing The Middle: Chess Strategy in Business (Farnam Street)
  20. “The stock market is not created for Value Investors” – Li Lu (YouTube)

Be in the know. 15 key reads for Friday…

  1. Global Stocks Struggle As Fed Fallout Continues, With Techs Set to Stay in Favor (Barron’s)
  2. David Tepper Hates Social Media, but Still Loves FAANG Stocks (institutionalinvestor)
  3. The Oil Resurgence Is Real. These Are the Stocks to Buy. (Barron’s)
  4. Americans Can Fly to Europe Again. That’s Great News for Airline Stocks. (Barron’s)
  5. Biogen Stock Can Go ‘Decisively Higher’ on Sales of Alzheimer’s Drug (Barron’s)
  6. Why These 24 Controversial S&P 500 Stocks Could Be Worth Buying (Barron’s)
  7. Jobless Claims Rose Last Week, Pausing Downward Trend (Wall Street Journal)
  8. Bipartisan $1 Trillion Infrastructure Package Gains Steam (Wall Street Journal)
  9. U.S. to Invest More Than $3 Billion in Covid-19 Antiviral Development (Wall Street Journal)
  10. TikTok Owner ByteDance’s Annual Revenue Jumps to $34.3 Billion (Wall Street Journal)
  11. The Economic Gauges Are Going Nuts. Jerome Powell Is Taking a Longer View. (New York Times)
  12. Yield on 30-Year Treasuries Tumbles as Curve Continues to Flatten (Bloomberg)
  13. Old World Order Is Back in Stocks as Reopening Trade Takes Lumps (Bloomberg)
  14. Fed Statement Very Bullish for Tech Stocks, Focus on Cloud and Cyber Stocks – Wedbush (Street Insider)
  15. Amazon’s Jeff Bezos backing nuclear fusion plant in the UK (Fox Business)