Be in the know. 10 key reads for Friday…

  1. Forecasts that U.S. economy would add a million jobs in April fail to materialize as unemployment rate ticks upward (MarketWatch)
  2. Here’s the catalyst that could shift the market debate from selling the news to buying the dip (MarketWatch)
  3. It Isn’t a New Era for Productivity Yet (Wall Street Journal)
  4. Biden’s Vaccine Patent Move: Watch Out for Side Effects (Wall Streeet Journal)
  5. Pfizer and BioNTech start process of seeking full FDA approval of their COVID-19 vaccine (MarketWatch)
  6. Fed’s Kaplan wants taper talk ‘sooner rather than later’ (StreetInsider)
  7. 5 Goldman Sachs Conviction List Growth Stocks to Buy Also Pay Big Dividends (247wallst)
  8. Fed warns of hidden leverage lurking in financial system (Financial Times)
  9. Stock buybacks top $200 billion in April, the second highest monthly total since Republican tax revamp of 2017 (MarketWatch)
  10. Millions Are Unemployed. Why Can’t Companies Find Workers? (Wall Street Journal)

Be in the know. 12 key reads for Thursday…

  1. Why More Electric Vehicles Don’t Pose a Threat to Oil (Barron’s)
  2. Nikola Stock Rallies On Big Order Ahead Of Earnings Report (Investor’s Business Daily)
  3. Pfizer Will Meet Growth Goals Even Without Vaccine Sales, CFO Says (Barron’s)
  4. Planning a Vacation This Summer? European Vaccinations Are Picking Up, Says Goldman Sachs. (Barron’s)
  5. Everything Screams Inflation (Wall Street Journal)
  6. Get Ready for a Blockbuster Jobs Report of 1 Million or More (Barron’s)
  7. Services Gains Point to Global Economic Pickup Despite Covid-19 Flare-Ups (Wall Street Journal)
  8. Workers file 498,000 new jobless claims as US hits pandemic low (New York Post)
  9. Broadway Is Reopening. But Not Until September. (New York Times)
  10. Fed Officials Tamp Down Overheating Worries as Investors Fret (New York Times)
  11. Companies Warn of U.S. Labor Shortages Economists Call Temporary (Bloomberg)
  12. Moderna says early data shows Covid vaccine is 96% effective in teens (CNBC)

Be in the know. 30 key reads for Wednesday…

  1. Yellen Says She Isn’t Predicting Higher Interest Rates (Wall Street Journal)
  2. 10 Reasons to Buy Bank Stocks (Barron’s)
  3. Electric vehicles and renewables will need a dramatic rise in mineral supply, IEA warns (CNBC)
  4. Higher Taxes Won’t Squash the Biden Boom (Wall Street Journal)
  5. Vaccine Rollouts Are a Key Ingredient for Big Food (Wall Street Journal)
  6. Yellen’s Interest-Rate Comment Illustrates the Market’s Greatest Worry (Wall Street Journal)
  7. U.S. LNG Club Could Get More Exclusive (Wall Street Journal)
  8. Biden Aims to Get 70% of Adults at Least One Covid-19 Vaccine Dose by July 4 (Wall Streeet Journal)
  9. Pfizer Expects Vaccine Will Be “Durable Revenue Stream” As It Seeks Approval For Children 2 To 11 (ZeroHedge)
  10. Europe’s Vaccine Rollout Relies Heavily On Pfizer/BioNTech (ZeroHedge)
  11. Pfizer Reaps Hundreds of Millions in Profits From Covid Vaccine (New York Times)
  12. Boeing-backed start-up Wisk inks first deal to operate air taxis in the U.S. (CNBC)
  13. Washington shies away from declaration to defend Taiwan (Financial Times)
  14. Fed’s Evans says policy likely on hold for some time (Reuters)
  15. U.S. private payrolls post biggest gain in seven months in April (Reuters)
  16. Bitcoin will soon be available through hundreds of US banks in a partnership with crypto firm NYDIG, report says (Business Insider)
  17. BofA Securities Upgrades ConocoPhillips (COP) to Buy for 3 Reasons (streetinsider)
  18. Lyft Shares Rally As March Quarter Results Top Guidance (Barron’s)
  19. Hedge funds had become ‘extreme’ sellers of stocks even before Yellen’s interest-rate remarks. Here’s why. (MarketWatch)
  20. The Untold Story of How Jeff Bezos Beat the Tabloids (Bloomberg)
  21. Jessica Alba’s Honest Co. IPO valued at $1.4 billion (Fox Business)
  22. Cobalt price jump underscores reliance on metal for electric vehicle batteries (Financial Times)
  23. Krispy Kreme files for IPO (New York Post)
  24. Canada authorizes Pfizer’s COVID-19 vaccine for kids between the ages of 12 and 15 years old (MarketWatch)
  25. Foil Maker Reynolds Sees Three Rounds of Price Hikes in 2021 (Bloomberg)
  26. Fed’s Kaplan, in interview, says it’s time to open discussion on tapping brakes on central-bank support for economy (MarketWatch)
  27. Pfizer’s next play: A vaccine maker and pandemic ‘partner’ to governments (MarketWatch)
  28. Suburban Homes and Retail Are the Budding New Office Hotspot (Wall Street Journal)
  29. The Man With More SPACs Than Anyone (Wall Street Journal)
  30. Jamie Dimon on Booming Economy and Finally Getting Off Zoom (Wall Street Journal)

Be in the know. 20 key reads for Tuesday…

  1. Pfizer lifts sales forecast for COVID-19 vaccine to $26 billion (Reuters)
  2. Pfizer (PFE) Tops Q1 EPS by 15c, Raises FY Guidance (StreetInsider)
  3. Pfizer plans to file for full FDA approval of Covid vaccine at the end of this month (CNBC)
  4. Clorox is still selling many more cleaning products than it was pre-pandemic (MarketWatch)
  5. Consumer Lenders Face a New Challenge: Each Other (Wall Street Journal)
  6. Starboard Value Finally Makes Its Move on Box (Barron’s)
  7. How Inflation Could Shape the Next Phase of the Stock Market (Barron’s)
  8. U.S. Stock Market Futures Mixed, With Airlines Lifted by Travel Reopening Plans in Europe (Barron’s)
  9. Apple and Epic Games Trial Has Started. What to Know. (Barron’s)
  10. Bank Stocks Continue to Gain. Why Wall Street Says the Rally Still Has Steam. (Barron’s)
  11. Why Ether is Soaring to New Highs (Barron’s)
  12. The world risks ‘running out of copper’ — and here’s how high prices may rise as the economy reopens, BofA warns (MarketWatch)
  13. The Fed Doesn’t Want to Talk Tapering Yet. Wait for Summer, Wall Street Says. (Barron’s)
  14. ‘Buy in May and go away’: Why US stocks can trade higher into the summer months, according to JPMorgan’s quant guru (Business Insider)
  15. Mohamed El-Erian says inflation is here to stay and won’t be ‘transitory’ like the Fed claims (Business Insider)
  16. Why supply-chain bottlenecks, price pressures may ease by year end (MarketWatch)
  17. OPEC Keeps Crude Production Steady Before Planned Increases (Bloomberg)
  18. UPDATE 2-ConocoPhillips profit tops as travel demand boosts oil prices (Reuters)
  19. New York, New Jersey Lift Covid-19 Capacity Limits on Businesses (Wall Street Journal)
  20. Record Share of Companies Are Beating Earnings Estimates (Wall Street Journal)

Be in the know. 15 key reads for Monday…

  1. Apple Has Two Trillion Reasons to Fight for the App Store (Wall Street Journal)
  2. Berkshire Hathaway’s Greg Abel Is Planned Successor to Buffett Abel oversees Berkshire’s big non-insurance operations. (Barron’s)
  3. Exxon Mobil Board Fight Enters Final Rounds (Barron’s)
  4. 3 Things to Know From Berkshire Hathaway’s Shareholder Meeting (Barron’s)
  5. Biden’s Plan to Spend $4.5 Trillion Without Boosting Deficits Depends on Factors Beyond His Control (Wall Street Journal)
  6. Americans Can’t Get Enough of the Stock Market (Wall Street Journal)
  7. Covid-19 Savings Stockpile Could Accelerate Economy—if Consumers Spend It (Wall Street Journal)
  8. Epic vs. Apple Trial: Tim Cook, Tim Sweeney and the Other Key Players in ‘Fortnite’ Maker’s Antitrust Lawsuit (Wall Street Journal)
  9. Workers are coming back to the office – slowly (USA Today)
  10. Verizon sells Yahoo and AOL as part of $5 billion deal (USA Today)
  11. EU Looks to Open Its Borders After a Year of Pandemic Isolation (Bloomberg)
  12. New York City Is Roaring Back to Life, One Year After Its Nadir (Bloomberg)
  13. Buffett says Berkshire is seeing ‘very substantial inflation’ and raising prices (CNBC)
  14. Treasury Secretary Janet Yellen says Americans can expect a ‘big return’ from Biden’s $4.1 trillion spending proposal (Business Insider)
  15. Intel CEO stresses more U.S. chip production, fewer stock buybacks (MarketWatch)
  16. A 10% drop or at least a pause could be looming for the S&P 500. Take shelter in these sectors, says veteran strategist (MarketWatch)
  17. Bridgewater Co-CIO: The Market Is “Very, Very Dangerous” (ZeroHedge)
  18. China stocks take lion’s share as EM flows bounce back in April –IIF (Reuters)
  19. U.S. Supreme Court refuses to revive Wells Fargo accounts scandal suit (Reuters)
  20. 9 Takeaways From Berkshire Hathaway’s Annual Shareholder Meeting (Benzinga)

Be in the know. 20 key reads for Sunday…

  1. Guy Fieri, Fired Up: The Food Network King, With a Massive New Deal, Pushes for More Restaurant Relief (Hollywood Reporter)
  2. Bridgewater on Bubbles (Podcast) (Bloomberg)
  3. Warren Buffett’s Deputy Calls Bitcoin ‘Disgusting’ And Bad For Civilization (Forbes)
  4. Berkshire Hathaway Annual Meeting 2021: Highlights and storylines (Yahoo! Finance)
  5. Buffett says Berkshire “not competitive” with SPACs on deals (Reuters)
  6. 12 Best Vacation Stocks to Buy Now (insidermonkey)
  7. NYC falls to second on billionaire list as new tax hikes push wealthy out (New York Post)
  8. Americans Can’t Get Enough of the Stock Market (Wall Street Journal)
  9. A Chinese province powered 8% of all Bitcoin mining. Then the government gave miners 2 months to get out (Fortune)
  10. Thinking of Buying a Pro Sports Team? 10 Things Successful Owners Think You Should Know (RobbReport)
  11. Here’s What It’s Like to Drive McLaren’s 611 HP Street-Legal Racer, the 620R (RobbReport)
  12. The World’s Largest Aircraft, With a Wingspan Longer Than a Football Field, Just Completed Its Second Test Flight (RobbReport)
  13. Forget Batteries, This New Lightweight Hypercar Will Be Powered Entirely by Hydrogen (RobbReport)
  14. Jerry Jones’s Custom Airbus Chopper Is a Dallas Cowboy for the Skies (RobbReport)
  15. Big Tech is now worth so much we’ve forgotten to be shocked by the numbers (TechCrunch)
  16. Aston Martin Unveils Roofless V12 Speedster Special Edition (Maxim)
  17. Wayfair’s $112 billion plan to take over your entire home (Fast Company)
  18. Inflation, Unemployment And The Phillips Curve (NPR Planet Money)
  19. Lotus Wants Its First Electric Sports Car to Weigh the Same as Its Last Gas-Powered Car (Road and Track)
  20. How Costco Is Masking A 14% Price Jump With Shrinkflation (ZeroHedge)

Be in the know. 30 key reads for Saturday…

  1. Apple Hit With Landmark Antitrust Charges in Europe Over App Store (Barron’s)
  2. Here’s What Biden’s Corporate Tax Plan Means for Investors (Barron’s)
  3. Biden’s $4 Trillion Economic Plan, in One Chart (New York Times)
  4. What the cluck? Fast food chains warn of dire chicken shortage in US (New York Post)
  5. Bank of America Stock Is a Buy. Here’s Why. (Barron’s)
  6. PracticesThe Price of the Stuff That Makes Everything Is Surging (Bloomberg)
  7. Legalized Marijuana Will Be a Big Win for U.S. Pot Stocks. How to Bet on the Sector. (Barron’s)
  8. Exxon, Chevron Preach Prudence Even as Cash Waterfall Returns (Bloomberg)
  9. Summers Sees Signs of Scarce Workers as Harbinger of Inflation (Bloomberg)
  10. U.S. Personal Incomes Soar by Most on Record on Fiscal Stimulus (Bloomberg)
  11. Thanks to Spotify, the Music Is Stopping for Apple (Bloomberg)
  12. 8 different areas have taken turns leading the latest bull market in stocks – and that diversity is part of what makes the climb so sustainable, says one Wall Street chief strategist (Business Insider)
  13. Why investors should invest in asset bubbles rather than avoid them, according to JPMorgan (Business Insider)
  14. Berkshire Hathaway’s annual meeting is here: What to expect from Warren Buffett and Charlie Munger (CNBC)
  15. Berkshire Hathaway’s operating earnings jump, Buffett continues to buy back stock (CNBC)
  16. Clorox weighs price increases on products in response to inflationary costs (CNBC)
  17. Value investing: Is this the biggest opportunity since the tech bubble? (BNP)
  18. U.S. stocks have risen to all-time highs this year. Should you ‘sell in May and go away’? (MarketWatch)
  19. Railroad Stocks Are Rallying. What That Means for the Economy (Barron’s)
  20. Residents Furious at Release of 500 Million Gene-Hacked Mosquitoes (Futurism)
  21. Taxing Speculation (investoramnesia)
  22. Why ‘Black Swan’ author Nassim Taleb calls bitcoin an ‘open Ponzi scheme’ (CNBC)
  23. Dining out is back, as America gets vaccinated (CNN)
  24. The last clean energy boom turned to bust. Will this time be any different? (CNN)
  25. More than 90 New Airlines Are Launching in 2021. They Say It’s the Perfect Time. (Wall Street Journal)
  26. Rally in Transportation Stocks Nears 122-Year-Old Record Streak (Wall Street Journal)
  27. 2021 Ferrari Roma: A High-Tech Sports Car With a Midcentury Look (Wall Street Journal)
  28. Investors move into cash at fastest rate since March last year (Financial Times)
  29. Why a $10,000 Tax Deduction Could Hold Up Trillions in Stimulus Funds (New York Times)
  30. Deepest Backwardation Since ‘07 Shows World Short on Commodities (Bloomberg)

Be in the know. 20 key reads for Friday…

  1. Warren Buffett will discuss stocks, deals, and the pandemic at Berkshire Hathaway’s annual meeting on Saturday. Here are 18 questions he might answer. (Business Insider)
  2. EU says Apple’s App Store breaks competition rules after Spotify complaint (CNBC)
  3. Goldman Sachs Sees $80 Oil This Year: 4 Conviction List Energy Stocks to Buy Now (24/7 Wall Street)
  4. AstraZeneca Reveals Covid-19 Vaccine Sales. That Isn’t Why the Stock Is Rising. (Barron’s)
  5. It May Be Time to Check In to InterContinental Stock (Barron’s)
  6. Why It’s Great News That Cyclical Stocks Are Selling Off on Earnings (Barron’s)
  7. SPACs Switch Their Ticker Symbols—and Shares Climb. What’s Really Going On. (Barron’s)
  8. What Ails Gilead’s Sales (Barron’s)
  9. Apple’s Spectacular Earnings Aren’t Lifting the Stock. The Worry Is Growth. (Barron’s)
  10. Kraft-Heinz thrives as pandemic spurs home dining (New York Post)
  11. Cyclical Stocks Are Selling Off on Earnings. Why That’s Great News. (Barron’s)
  12. Apple v. Epic: What to expect from a trial that could change antitrust law and the mobile-app ecosystem (MarketWatch)
  13. Oil’s Rebound Greases the Way for Energy Giants’ Green Pitch (Wall Street Journal)
  14. U.S. fast-food chains cash in, seize market share during pandemic (Reuters)
  15. 5 Best Chinese Stocks To Buy And Watch Now (IBD)
  16. Amazon Continues To Outpace Google, Facebook On Ad-Revenue Growth: What You Need To Know (Benzinga)
  17. Cobalt price jump underscores reliance on metal for electric vehicle batteries (Financial Times)
  18. Exxon and Chevron surge back to profit (Financial Times)
  19. Colgate-Palmolive stock gains after profit, sales top expectations (Yahoo! Finance)
  20. Warren Buffett generates half of his dividend income from these stocks: Apple, Bank of America, Coca-Cola (USA Today)

Be in the know. 20 key reads for Thursday…

  1. Nokia Earnings Were Surprisingly Good. The Stock Is Soaring. (Barron’s)
  2. 25 Undervalued Stocks with Earnings Set to Beat Pre-Covid Levels (Barron’s)
  3. Amazon Is Likely to Post Blowout Profits. The Question Is What Follows. (Barron’s)
  4. Oil aims for 3-day win streak on demand optimism (MarketWatch)
  5. Texas Instruments Weighs In on the Chip Shortage—and Creates Confusion (Barron’s)
  6. Treasury yields come off highs as Fed’s Powell pushes back on taper speculation (MarketWatch)
  7. Apple Couldn’t Dodge Chip Pain Forever (Wall Street Journal)
  8. Google Springs Forward (Wall Street Journal)
  9. Northrop Grumman (NOC) Tops Q1 EPS by $1.09; Raises Guidance (streetinsider)
  10. Optimistic Breakout. The Energy Report 04/29/2021 (Phil Flynn)
  11. Shell (RDS) Gains on Raised Dividend and Q1 Beat, Analyst Says ‘Earnings Power Intact’ (streetinsider)
  12. Fed Chair Powell In Response To GameStop, Dogecoin Mania Says He Sees ‘Froth In Equity Markets’ (Benzinga)
  13. McDonald’s revenue tops pre-pandemic levels, fueled by the strong U.S. recovery (CNBC)
  14. Chip shortages for iPads and Macs may cool Apple’s hot streak (CNBC)
  15. These two stocks unloved by analysts may be worth a second look (CNBC)
  16. CDC to cruise industry: Sailing could restart in mid-July (USA Today)
  17. U.S. Recovery Gains Steam as Spending Fuels 6.4% GDP Growth (Bloomberg)
  18. Verizon Explores Sale of Media Assets, Including Parts of Yahoo and AOL (Wall Street Journal)
  19. Biden Proposal Would Close Longtime Real-Estate Tax Loophole (Wall Street Journal)
  20. Private Equity and Hedge Funds, Facing a New Tax Burden, Prepare Their Defense (Wall Street Journal)

Be in the know. 17 key reads for Wednesday…

  1. Taper Talk? Inflation Outlook? Here Are 4 Things to Watch in Fed’s Policy Update (Barron’s)
  2. Analysts Have Higher Hopes for These 4 Energy Stocks (Barron’s)
  3. Amazon Is Likely to Post Blowout Profits. The Question Is What Follows. (Barron’s)
  4. Inflation Is Coming. 5 Stocks to Buy Now. (Barron’s)
  5. Facebook Reports Earnings Wednesday. What to Expect. (Barron’s)
  6. What’s in $1.8 Trillion Biden Spending Plan Funded by Taxes (Bloomberg)
  7. Gundlach Says Fed Is Guessing That Inflation Will Be Transitory (Bloomberg)
  8. Shoemaker Allbirds reportedly in talks with banks for IPO (CNBC)
  9. Biden to unveil $1.8 trillion plan for families — here’s what’s in it (CNBC)
  10. General Electric (GE) Falls on Revenue Miss, But Still Plenty of Runway for the Turnaround Bull Case Says Analyst (Street Insider)
  11. The Best Managers Aren’t in It Just for the Money (Institutional Investor)
  12. GSK chief defends against accusations of flat performance (Financial Times)
  13. Apple To Slash AirPods Production Due To Competition From Cheaper Alternatives (Benzinga)
  14. India’s surging Covid-19 cases shouldn’t dissuade investors from buying emerging markets equities, UBS Wealth Management says (Business Insider)
  15. Investors are still keeping their cash levels high — but here’s what’s drawing them to stocks, UBS says (MarketWatch)
  16. Shoppers Return to Malls, With an Urge to Spend (Wall Street Journal)
  17. U.S. Warship Fires Warning Shots in Encounter With Iranian Vessels (Wall Street Journal)