- These 4 technical indicators are pointing to a roaring stock market in the 1st half of 2021, according to BofA (Business Insider)
- The Case For Value And What It Means For Europe (ZeroHedge)
- Raytheon’s board OKs $5 billion share buyback (MarketWatch)
- Watch this signal to see if the rally can continue, strategist says (MarketWatch)
- ‘Smart money’ index hits one-year low, as stock market trades near records (MarketWatch)
- Chamath Palihapitiya – The Social Capital Flywheel (EP.167) (capitalallocatorspodcast)
- Bill Gates Says 6 COVID-19 Vaccines Likely To Get Regulatory Approval By Q1 (Benzinga)
- Boeing 737 MAX Passenger Flights To Start With Brazil’s Gol (Benzinga)
- Restaurant owner: Coronavirus lockdowns in California will bring death, poverty (Fox Business)
- Does Dan Loeb Secretly Love Short Selling? (institutionalinvestor)
- UBS Upgrades Boeing (BA) to Buy; Out-Year FCF Estimates Move Materially Higher (Street Insider)
- GE’s stock gains after $4 billion in actions to strengthen balance sheet (MarketWatch)
- Pfizer Shot Effective, Safe, FDA Staff Says Before Meeting (Bloomberg)
- U.K. Begins Western World’s First Covid Shots (Bloomberg)
- Why the market’s lowest-quality stocks are embarking upon a rally that should extend for months, according to one Wall Street strategist (Business Insider)
Category: What I’m Reading Today
Be in the know. 20 key reads for Monday…
- Goldman Sees Higher Oil Prices in 2021 After OPEC+ Agreement (Street Insider)
- The stock market is undergoing a ‘rare reversal’ that’s historically signaled double-digit returns to come, says one Wall Street chief strategist (Business Insider)
- Walgreens (WBA) Options Activity Resuscitates LBO Talk – Deutsche Bank (Street Insider)
- Wall Street headed lower on Sino-U.S. tensions; stimulus deal awaited (Reuters)
- Wayne Gretzky’s rookie card could be the first in hockey to break the $1-million milestone (The Star)
- ‘We are only in the middle of the bull market’ and a buying opportunity could come soon, JPMorgan says (MarketWatch)
- Relationship between a rising stock market and weak dollar strongest since the wake of the financial crisis — will it continue? (MarketWatch)
- The Boeing MAX 737 Jet Is Carrying Passengers Again. What It Means for the Stock. (Barron’s)
- 7 Stocks That Could Soar on Higher Oil Prices (Barron’s)
- JPMorgan Warns of Crowded Trades Amid Markets’ ‘Clear Consensus’ (Bloomberg)
- Barron’s Latest Picks And Pans: Airbnb, Bank Stocks, Dividend Aristocrats And More (Benzinga)
- Pound falls over deadlock in EU-UK trade talks (Financial Times)
- UBS Upgrades Spirit AeroSystems (SPR) to Buy; 737 Accounted for ~90% of Earnings in 2018 (Street Insider)
- A Covid Vaccine Has Arrived. Get Ready for the Rollout (Bloomberg)
- Details of $908 Billion U.S. Pandemic Relief Plan Set for Release (Bloomberg)
- Airbnb, DoorDash Boost Price Ranges Ahead of Mega Week for IPOs (Bloomberg)
- These 10 vehicles are the hottest 2021 classic cars, according to collector car insurer Hagerty (USA Today)
- Nearly $4.4 trillion of home mortgages are set to be originated this year (Bloomberg)
- JPMorgan sends policy recommendations to Biden team on ways to prevent more Covid-related misery (CNBC)
- Gene Editing Shows Promise in Sickle-Cell Disease (Wall Street Journal)
Be in the know. 16 key reads for Sunday…
- Stock market 2021: Stocks expected to keep climbing as strategists look to a brighter 2021 (Yahoo! Finance)
- U.S. Vaccines May Start Friday Amid Covid’s Worst: Virus Update (Bloomberg)
- Why a vaccine won’t be yet another ‘false dawn’ for value stocks: ‘This one does feel different’ (fnLondon)
- 7 Bank Stocks That Could Thrive in the Biden Era (Barron’s)
- Saudis Raise Crude Pricing to Asia as Vaccines Buoy Oil Market (Bloomberg)
- A Monetary Mind at the Treasury (project-syndicate)
- ECRI Weekly Leading Index Update (Advisor Perspectives)
- TEN-YEAR TREASURY YIELD NEAR 1% MARK… STOCK INDEXES ARE HITTING NEW RECORDS — FINANCIAL SPDR HITS NEW RECOVERY HIGH (John Murphy)
- Top economists say this is what’s on their stimulus wishlist—and the bipartisan bill looks pretty close (Fortune)
- Wolfgang Puck Is Now Shipping His Famed Smoked Salmon Pizza Nationwide (Robb Report)
- Bryan Cranston Breaks Bad Again. And It’s a Thrill to Watch. (Daily Beast)
- How Moderna’s Vaccine Works (New York Times)
- Sean Connery’s 007 pistol from ‘Dr.No’ sells for $256,000 (OANN)
- 2021 Dodge Durango SRT Hellcat Quick Review: C’mon and Bring the Family to 180 MPH (The Drive)
- Elon Musk Is Reportedly Heading to Texas for a Tax Break (gizmodo)
- Here are 3 under-the-radar market story lines that could surprise investors in 2021 (CNBC)
Be in the know. 25 key reads for Saturday…
- Energy stocks propel S&P 500 to new record (Financial Times)
- Airbnb’s IPO Will Be Hot. Its Stock Will Be Worth the Price. (Barron’s)
- Ignore the ‘top callers,’ there’s still ‘easy money’ to be made this year, hedge-fund manager says (MarketWatch)
- Howard Marks Outlines Investment Opportunities, Risks (Barron’s)
- The ‘Elevation’ Stock Market (Seeking Alpha)
- The Boeing MAX 737 Jet Is Carrying Passengers Again. What It Means for the Stock. (Barron’s)
- Oil prices up 5 straight weeks to 9-month high after OPEC+ deal to only slowly unwind output cuts (MarketWatch)
- Move Over, Millennials! Baby Boomers Are Fueling Latest Stock Rally (Barron’s)
- The Top 30 Stocks Over the Last 30 Years… (Compound Advisors)
- China Recently Unveiled Its Latest 5-Year Plan. Here are the Highlights. (Barron’s)
- Stimulus Optimism Grows, and Congress Gets Job-Market Alert (Bloomberg)
- U.S. sells more than $175 billion in weapons to foreign governments, nearly 3% higher than last year (CNBC)
- Nordstrom shares soar with one analyst group upbeat about the luxury retailer’s post-COVID prospects (MarketWatch)
- In Greenwich, Connecticut, money is no object. Real estate there is on fire (CNN Business)
- Small Cap Rotation, Reopening, and Reversion (royce)
- Review: The Ghost is more modest and simple, but it’s still a Rolls-Royce (CNN Business)
- Equity Put/Call Ratio at Historical Extreme, but… (QuantifiableEdges)
- SpaceX Will Launch Remote Controlled Racecars to Lunar Surface (futurism)
- Daniel Ek, CEO of Spotify — The Art of Seeing Around Corners, Two-Year Missions, Top Books, and the Essence of Fire Soul (#484) (Tim Ferriss)
- Warren Buffett: How Fisher’s Scuttlebutt Method Changed My Life (acquirersmultiple)
- Secrets of the Market Wizards with Jack Schwager (investorhour)
- Comparative Roaring ’20s (yardeni)
- Small Cap Rotation, Reopening, and Reversion (Royce)
- Explore Or Exploit? How To Choose New Opportunities (Farnam Street)
- Value Investing: A History (investoramnesia)
Be in the know. 20 key reads for Friday…
- Ignore the ‘top callers,’ there’s still ‘easy money’ to be made this year, hedge-fund manager says (MarketWatch)
- Value Stock Rally Buoys Returns of Dividend Payers (Barron’s)
- Banks could see a windfall as economy recovers: ‘Biggest reserve release in the history of banking’ (CNBC)
- BofA Hikes Price Target on GE (GE) to $13 After Raising Numbers Amid Covid-19 Update (Street Insider)
- Boeing (BA) Confirms Ryanair Ordered 75 More 737 MAX Jets (Street Insider)
- Paul Tudor Jones sees ‘massive boom’ after COVID-19 vaccine gets released (Yahoo! Finance)
- Moderna Says It Will Ship 100M-125M COVID-19 Vaccine Doses Worldwide In Q1 (Benzinga)
- Best Bet in a Down Year: The Dividend Aristocrats (Barron’s)
- Oil pushes toward $50 a barrel after OPEC+ deal to slowly taper production cuts (MarketWatch)
- Why a rising stock market and a weak dollar are likely to keep going hand in hand (MarketWatch)
- Marvell Stock Dips After Earnings Report Warns of Supply Constraints (Barron’s)
- Pfizer Denies Its Vaccine Production Is Seeing New Delays (Barron’s)
- Pfizer And Moderna Face Their Biggest Challenge: Vaccinating The World (Investor’s Business Daily)
- Where’s the stock market going next? Look at the 1960s for an answer, says a Fidelity strategist (MarketWatch)
- Mortgage Industry Roars to Best Year Ever, Courtesy of the Fed (Bloomberg)
- Pelosi and McConnell resume talks as Congress rushes to strike a Covid stimulus deal (CNBC)
- The 12 best Christmas songs to listen to this holiday season and beyond (New York Post)
- Coronavirus Stimulus Talks Moving in Right Direction, Party Leaders Say (Wall Street Journal)
- Dry Ice Demand Swells as Covid-19 Vaccines Prepare for Deployment (Wall Street Journal)
- Could the ‘China Hustle’ Law End the Big Short? (Institutional Investor)
Be in the know. 22 key reads for Thursday…
- CVS, Walgreens Gear Up to Deliver Covid-19 Vaccines to Nursing Homes (Wall Street Journal)
- Shell’s Cash Flow Story Is ‘Too Good to Ignore.’ It’s Time to Buy the Stock, Says Bernstein. (Barron’s)
- Energy Stock Short Sellers Took A $6.3B Loss In November As Oil Prices Rebounded (Benzinga)
- GE Stock Has Been on the Rise. Here’s Why. (Barron’s)
- Do we have a Deal? The Energy Report 12/03/2020 (Phil Flynn)
- The U2, “Elevation” Stock Market (and Sentiment Results)… (ZeroHedge)
- House Passes China Delisting Bill. What That Means for Investors. (Barron’s)
- China services-sector activity sped up in November (MarketWatch)
- Intel Has Been Missing an AI Business to Compete With Nvidia. It’s Finally Here. (Barron’s)
- Lyft Shares Spike on an Improving Cost Outlook (Barron’s)
- Economists at Goldman Sachs expect $700 billion stimulus (MarketWatch)
- The Market Should Worry About 2022, Not 2021 (Wall Street Journal)
- Travis Scott earned $20M from McDonald’s partnership: report (Fox Business)
- Wall Street is already increasing its 2021 price targets: Morning Brief (Yahoo! Finance)
- Teradyne CEO Jagiela Prizes Knowledge Over Power (Investor’s Business Daily)
- Alarmists are pushing a false narrative on the US economy. Here are the clear and obvious reasons to be hopeful about an American bounce back. (Business Insider)
- 4 reasons why the S&P 500 will soar 25% by the end of 2022, according to Goldman’s US stock chief (Business Insider)
- The Best Car I Drove in 2020—Plus Eight Runners-Up (Bloomberg)
- Saudi Arabia, Qatar Near U.S.-Brokered Deal to End Lengthy Rift (Bloomberg)
- Going After Big Tech Is One Thing Global Leaders Agree On (Bloomberg)
- Coronavirus-Stimulus Efforts Pick Up Speed (Wall Street Journal)
- Amazon in Talks to Buy Podcast Maker Wondery (Wall Street Journal)
Be in the know. 15 key reads for Wednesday…
- FDIC: Banks’ net profits climbed $32.4 billion to $51.2 billion in the third quarter. Earnings were largely boosted by a $47.5 billion decline in loan-loss provisions. (Business Insider)
- Why 2021 May at Last Be the Year of the Great Rotation (Barron’s)
- Investors are overlooking this one thing, major bank says as it sets 4,000 target on S&P 500 (MarketWatch)
- Bank of America says says investor bullishness is rising, but is not yet euphoric. Here why that signals the S&P 500 could gain 10% over the next year. (Business Insider)
- The Manufacturing Recovery Continues. That’s Good News for These Stocks. (Barron’s)
- China Delisting Bill Could Pass This Week in U.S. What That Means For Investors. (Barron’s)
- Mnuchin, Pelosi Discuss Stimulus Package (Barron’s)
- Asserting Authority. The Energy Report 12/02/2020 (Phil Flynn)
- Pelosi, McConnell Fan Stimulus Hopes With 2020 Clock Running Out (Bloomberg)
- U.K. Clears Pfizer Covid Vaccine for First Shots Next Week (Bloomberg)
- Asia’s 20 Richest Families Control $463 Billion (Bloomberg)
- Mortgage demand from homebuyers spikes 28%, and the average loan amount sets a record high (CNBC)
- Jefferies Raises 2021 S&P Target to 4200 as GDP Beat Expectations and Positive Vaccine News (Street Insider)
- Biden says will not kill Phase 1 trade deal with China immediately: NYT (Reuters)
- Will Moneyball Finally Crack the Game of Active Management? (Institutional Investor)
Be in the know. 15 key reads for Tuesday…
- U.S. congressional hearing likely to spotlight Powell, Mnuchin split over pandemic lending (Reuters)
- Biden plan to end U.S. fossil fuel subsidies faces big challenges (Reuters)
- FDA announces advisory committee meeting to discuss Moderna vaccine candidate (Fox Business)
- The Dark Money Secretly Bankrolling Activist Short-Sellers — and the Insiders Trying to Expose It (Institutional Investor)
- Opec+ meeting delayed as split deepens over oil production cuts (Financial Times)
- Nio Deliveries Jump 109% In November, Boosts Production Capacity To Keep Pace With Rising Demand (Benzinga)
- Holiday Specials 2020: From Mariah Carey to ‘Peanuts,’ these are must-watch viewing (New York Post)
- ‘100% of Americans that want the vaccine will have had the vaccine’ by June, says Operation Warp Speed official (MarketWatch)
- BlackRock poised to replace Goldman Sachs inside the White House (New York Post)
- Exxon (XOM) Cuts Billions in CapEx Spending Which Will Help Support Dividend (Street Insider)
- China’s factory activity hits quickest expansion in 10 years in November, driven by a burst in output and new orders (Business Insider)
- Barron’s Daily: It’s Time for Value Stocks to Shine (Barron’s)
- Powell Says Fed Actions Unlocked $2 Trillion to Support Economy (Wall Street Journal)
- Facebook, Google to Face New Antitrust Suits in U.S. (Wall Street Journal)
- The Stock Market’s Rally Is Finally Widening (Wall Street Journal)
Be in the know. 10 key reads for Monday…
- Wells Fargo upgraded to Overweight from Equal Weight at Morgan Stanley PT = $40 (The Fly)
- Wells Fargo upgraded to Sector Perform from Underperform at RBC Capital (The Fly)
- Moderna to File for FDA Approval of Covid-19 Vaccine (Barron’s)
- Vaccine news may already be lifting spending, economy (USA Today)
- Trump administration to add China’s SMIC, CNOOC to export blacklist: report (MarketWatch)
- 30 dividend stocks selected for value as the U.S. economy gathers steam (MarketWatch)
- Opinion: 7 reasons why energy stocks will be 60% higher a year from now (MarketWatch)
- Buy These 3 Stocks as Covid Lockdowns Ease (Barron’s)
- OPEC+ to discuss extending oil cuts or gradually raising output, sources say (Reuters)
- Chinese factory activity rises, expanded at fastest pace in more than 3 years (Fox Business)
Be in the know. 10 key reads for Sunday…
- How SPACS Became Wall Street’s Became Wall Street’s Money Tree (Forbes)
- December Almanac: Small Caps Have Shined (Almanac Trader)
- With Toyota’s Help, This Secretive Entrepreneur May Finally Give Us Flying Cars (Forbes)
- Recommended Reading for the Holidays 2020 (market folly)
- Casino Royale’s poker scene was as elaborate as a James Bond stunt (Polygon)
- Mike Tyson result: Boxing legends with combined age of 105 DRAW on judges scorecards in bizarre exhibition fight (The Sun)
- The Transcript 11.23.20 (theweeklytranscript)
- Molson Coors: Is a Turnaround On Tap? (moneyshow)
- Buy these Three Stocks as Covid Lockdowns Ease (Barron’s)
- 2020 Land Rover Defender challenges Wrangler, Bronco with new looks, tech (USA Today)