Category: What I’m Reading Today

Be in the know. 20 key reads for Wednesday…

  1. Pfizer stock jumps after it reports positive data in early-stage coronavirus vaccine trial (CNBC)
  2. June private payrolls rose 2.37 million and there was a big positive revision for May, ADP says (CNBC)
  3. FedEx Crushes Earnings Views As Residential, Pacific Deliveries Jump (Investor’s Business Daily)
  4. Companies Hit by Covid-19 Want Insurance Payouts. Insurers Say No. (Wall Street Journal)
  5. Fed Keeps Options Open on Yield Caps but Looks to Other Tools First (Wall Street Journal)
  6. US buys nearly all global stock of coronavirus drug remdesivir (New York Post)
  7. $130 Billion Left at Paycheck Program Deadline, but Senate Acts to Extend It (New York Times)
  8.  An Economist on What the Next Fiscal Stimulus Package Could Include (Barron’s)
  9. Here’s what history tells us happens after the S&P 500’s best quarters of all time, as strategist says it’s set to repeat (MarketWatch)
  10. China’s Caixin manufacturing PMI hits 6-month high (MarketWatch)
  11. Dow Has Best Quarter Since 1987. Is It a New Bull Market? (Barron’s)
  12. Conf. Board Consumer Confidence (Jun) 98.1 vs 91.5 Expected (Street Insider)
  13. EXCLUSIVE: US negotiates rival to OPEC as historic Trump trade deal takes effect (Fox Business)
  14. US private sector added 2.37M jobs in June, May revised to gain of 3M (Fox Business)
  15. Commerce Sec. Ross: Why Hong Kong may start to see companies relocate (Fox Business)
  16. Europe outperforms Wall Street as investors look across the Atlantic (Financial Times)
  17. How The Popeyes Chicken Sandwich Is Helping Drive Sales Increases Despite The Pandemic (Benzinga)
  18. OPEC Plus Success. The Energy Report (Phil Flynn)
  19. BOE’s Haskel Sees Activity Returning Faster Than Expected (Bloomberg)
  20. United plans to add 25,000 flights in August as customers ‘are slowly returning’ (CNBC)

Be in the know. 10 key reads for Tuesday…

  1. The hedge fund manager behind a long-shot coronavirus pill (Financial Times)
  2. Goldman Sachs says a national mask mandate could slash infections and save economy from a 5% hit (CNBC)
  3. A Few Thoughts on the Wells Fargo Dividend Cut/Cap (Hedge Fund Tips)
  4. Dow futures bounce around as investors await Powell, Mnuchin testimony on the coronavirus response (MarketWatch)
  5. How Dell Stock Can Take Off. A VMware Spinoff Is Just Part of the Answer. (Barron’s)
  6. Gilead Is Wise to Leave Remdesivir Money on the Table (Wall Street Journal)
  7. Who Says Emerging Economies Shouldn’t Print Money? (Wall Street Journal)
  8. Saudi Prince Calls OPEC Laggard Nigeria Amid Push for Oil Cuts (Bloomberg)
  9. Low and slow – how to barbecue beef ribs (Financial Times)
  10. Tesla On Track To Beat Q2 Deliveries Forecast, Analyst Says (Benzinga)

Be in the know. 20 key reads for Monday…

  1. CanSino’s coronavirus vaccine candidate approved for military use in China (CNBC)
  2. Fed Reveals Bond Purchases Including AT&T, UnitedHealth, Walmart (Bloomberg)
  3. Covid Takes a Back Seat. The Energy Report 06/29/2020 (Phil Flynn)
  4. Gilead Discloses Pricing Plans for Covid-19 Treatment Remdesivir (Barron’s)
  5. Boeing 737 MAX Test Flights Are Set to Begin (Barron’s)
  6. FedEx, Micron, June Jobs Data, Fed Minutes, and More to Watch This Week (Barron’s)
  7. Burger King sales rebound as states reopen after COVID-19 lockdown (Yahoo! Finance)
  8. We need to get capital into communities of color: Michael Milken (Fox Business)
  9. Hedge funds eye new corporate structure in Singapore (Financial Times)
  10. Coty to buy 20% stake in Kim Kardashian West’s beauty line (Financial Times)
  11. Hedge Funds Are Rushing to Get Out of Bearish U.S. Stock Bets (Bloomberg)
  12. Telehealth’s Long-Term Staying Power (Bloomberg)
  13. Ten Years After IPO, a Look Back at Tesla’s Extraordinary Decade (Bloomberg)
  14. Reopenings Power a 9-Week Climb in Canadian Consumer Confidence (Bloomberg)
  15. Southwest will soar 47% as domestic focus and strong balance sheet outshine rivals, Goldman says (Business Insider)
  16. Baltic index rises on firmer capesize, supramax demand (Reuters)
  17. Fed Looks Down Under for Rate Strategy (Wall Street Journal)
  18. Will Anyone Bid $60 Million Online for a Painting? (Wall Street Journal)
  19. Even the Bible Is Full of Flawed Characters (Wall Street Journal)
  20. Big-Tech Investors Need to Start Watching Brussels More Closely (Wall Street Journal)

Be in the know. 25 key reads for Sunday…

  1. Americans Hold Huge Pile of Cash That’s Key to Economic Recovery (Bloomberg)
  2. Boeing 737 MAX certification flight tests to begin Monday: sources (Fox Business)
  3. What The Black Death And Spanish Flu Tell Us (Podcast) (Bloomberg)
  4. The Word of the Day Is Cautious (Futures Mag)
  5. Well-Known Energy Companies Highlight Goldman Sachs Stocks to Buy Under $10 (24/7 Wall Street)
  6. Masks Could Help Stop Coronavirus. So Why Are They Still Controversial? (Wall Street Journal)
  7. Gilead is about to start trials of an inhaled version of Remdesivir (Gilead)
  8. Jim Cramer: Memo to Texas – No Mask, No Success, Period (TheStreet)
  9. Christmas in July: NASDAQ’s Mid-Year Rally (Almanac Trader)
  10. Pandemic Real Estate Boom? Medieval History Says Yes (Wall Street Journal)
  11. What Type Of Yacht Does Rande Gerber Escape To In The Summer? (Forbes)
  12. ECRI Weekly Leading Index Update (Advisor Perspectives)
  13. Bentley Rolls the Final Mulsanne Off the Production Line (Robb Report)
  14. John F. Kennedy’s Former Winter White House in Palm Beach Sells (Architectural Digest)
  15. This Reinforced 1971 Plymouth Road Runner Packs A V10 From A Viper (The Drive)
  16. The Donkervoort D8 GTO-JD70 Is an Absurdly Fast Dutch Roadster (Maxim)
  17. Old Drugs Could Reveal a New Way to Attack the Coronavirus (Wired)
  18. Will Ferrell’s Best Comedy in Years Is Here (The Atlantic)
  19. The people who get the best coaches aren’t the ones who need them most (Michael Lewis)
  20. The best rubs you can buy for grilled steak, chicken, pork and fish (CNET)
  21. Tesla Model Y – Jay Leno’s Garage (YouTube)
  22. ‘The Profit’ Host Marcus Lemonis on Bringing Small Businesses Back After Lockdown (Guest Column) (Variety)
  23. AstraZeneca makes another vaccine supply agreement (BioPharma)
  24. Credit managers race to hire distress experts (Pensions and Investments)
  25. Many Will Pay Later If the Government Doesn’t Borrow Freely Now (Barron’s)

Be in the know. 20 key reads for Saturday…

  1. 7 Beaten-Up Housing Stocks Poised For Growth (Barron’s)
  2. Continental Resources Founder Harold Hamm Bought Up the Oil Stock (Barron’s)
  3. ETF Fund Flows (ETF.com)
  4. Sterling has not become an emerging market currency (Financial Times)
  5. Berkshire Hathaway Is Now a Deep Value Stock (Guru Focus)
  6. Jeremy Siegel on the Stock Market Under Covid-19 (Bloomberg)
  7. Why You Feel At Home In A Crisis (Farnam Street)
  8. Boyar’s Presentation from The 2020 Contrarian Investment Conference (Boyar Value)
  9. Blank Check Company Backed by Former State Street Exec Eyeing Asset Management Deals (Institutional Investor)
  10. The US Marine Corps’ New Weapon Can Electrocute Targets from 100 Feet Away (Futurism)
  11. Jeremy Strong’s Succession Inspiration (Vanity Fair)
  12. Covid-19 Is a Puzzle That Wall Street Can’t Solve (Wall Street Journal)
  13. Gap will sell Kanye West’s Yeezy line (CNN Business)
  14. Nike’s COVID-related sales decline is a bump on the path to long-term growth, analysts say (MarketWatch)
  15. Opinion: These 5 giant stocks are driving the U.S. market now, but watch out down the road (MarketWatch)
  16. Amateur Traders Pile Into Asian Stocks, Making the Pros Nervous (Bloomberg)
  17. Markets Bombed, Investors Carried On (Wall Street Journal)
  18. Here are the key questions for the stock market heading into the second half of the year (CNBC)
  19. Meet Barron’s 25 Top CEOs (Barron’s)
  20. Magellan Midstream Has a Vital Pipeline Network and an Attractive Yield (Barron’s)

Be in the know. 15 key reads for Friday…

  1. Fed Stress Test Finds U.S. Banks Healthy Enough to Withstand the Coronavirus Crisis (Wall Street Journal)
  2. FDIC to Lift Postcrisis Curb on Banks (Wall Street Journal)
  3. Banks Get Easier Volcker Rule and $40 Billion Break on Swaps (Bloomberg)
  4. Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic (CNBC)
  5. ECB’s Lagarde says we’ve probably passed the worst of the coronavirus crisis (CNBC)
  6. Ford unveils new F-150 as tech-savvy pickup with hands-free driving, integrated power generator (CNBC)
  7. Two European Airport Stocks Are Ready to Take Off (Barron’s)
  8. Why one strategist is actually encouraged by a spike in new U.S. coronavirus cases (MarketWatch)
  9. Race for a COVID-19 vaccine has drug makers scaling up manufacturing — before one is developed (MarketWatch)
  10. Don’t Fault Florida Yet for Its Handling of Covid-19 (Bloomberg)
  11. Once the Center of the Coronavirus Crisis, Europe Now Looks Ahead With Hope (Wall Street Journal)
  12. Connecticut Plans to Reopen Schools in the Fall (Wall Street Journal)
  13. Kanye West Signs Multiyear Deal to Sell New Yeezy Line at Gap (Bloomberg)
  14. The 2021 Ford F-150 Aims to Double as a Rolling Office (Wall Street Journal)
  15. Top Energy Analyst Upgrades 3 Stocks With Big Potential Upside (24/7 Wall Street)

Be in the know. 15 key reads for Thursday…

  1. Hospitals Sued to Keep Prices Secret. They Lost. (New York Times)
  2. LeBron James Gets $100 Million Investment to Build Media Empire (Bloomberg)
  3. One Biohacker’s Improbable Bid to Make a DIY Covid-19 Vaccine (Bloomberg)
  4. No Apps, Just Old-School Contact Tracing in Japan (Bloomberg)
  5. A $60 million painting will test the art market’s resilience during the pandemic (CNBC)
  6. Toughened Bank Stress Tests Are Today. Don’t Expect Clarity on Dividends. (Barron’s)
  7. The Urgency of Returning to Full Employment (Wall Street Journal)
  8. How to Lose a Billion Dollars Without Really Trying (Institutional Investor)
  9. Opinion: Bank stocks may ‘rally powerfully’ once investors realize their concerns are overblown (MarketWatch)
  10. Is July 15th still tax day? Treasury may consider delaying deadline to Sept. 15, Mnuchin says (USA Today)
  11. U.S. durable-goods orders rebound 15.8% in May (MarketWatch)
  12. Bank Shares Jump in Rocky Session (Wall Street Journal)
  13. Baltic index up for 20th session on stronger vessel demand (Reuters)
  14. Southwest Airlines May Have Just Started a Fare War (Yahoo! Finance)
  15. Race for a COVID-19 vaccine has drug makers scaling up manufacturing — before one is developed (MarketWatch)

Be in the know. 20 key reads for Wednesday…

  1. A Tiff A Tariff. The Energy Report (Phil Flynn)
  2. The Tiny Bank That Got Pandemic Aid to 100,000 Small Businesses New York Times)
  3. ‘Welcome to the age of copper’: Why the coronavirus pandemic could spark a red metal rally (CNBC)
  4. Low Expectations for Tomorrow: Bank Dividends in Peril With Crisis Veterans Warning of Trouble (Bloomberg)
  5. Mnuchin Says U.S. May Emerge From Recession by End of Year (Bloomberg)
  6. Sweden’s Covid Expert Says ‘World Went Mad’ With Lockdowns (Bloomberg)
  7. The US could slam tariffs on $3.1 billion of European goods, with products like olives, beer, gin, and planes on the list. (Business Insider)
  8. Hospitals must disclose actual prices for tests and procedures, court rules (MarketWatch)
  9. Dell Explores Spinoff of $50 Billion Stake in VMware (Wall Street Journal)
  10. Global Economy Shows Signs of Pulling Out of Its Slump (Wall Street Journal)
  11. Treasury Dept. May Consider Extending Tax Filing Deadline a Second Time (Wall Street Journal)
  12. The Coronavirus Savings Glut (Wall Street Journal)
  13. Housing Market’s Green Shoots (Wall Street Journal)
  14. Property Owner Simon Sees Buying Tenants as a Way to Boost Malls (Wall Street Journal)
  15. Walt Disney (DIS) PT Raised to $135 at Morgan Stanley as the Firm Envisions ESPN DTC Product (Street Insider)
  16. China has picked up its ‘game’ on trade with U.S., Trump adviser says (Reuters)
  17. The housing market rebound continues (Yahoo! Finance)
  18. Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor by Seth Klarman, (Capital Allocators)
  19. Record number of US companies seek relief on loan terms (Financial Times)
  20. Barron’s on MarketWatch: Japan discovers the problem with yield-curve control — that it works too well (MarketWatch)

Be in the know. 20 key reads for Tuesday…

  1. 5 Oil & Gas Stocks That Have Shown They Can Grow Safely (Barron’s)
  2. The U.S. Economy Is About Halfway Back to Normal, a Weekly Virus-Recovery Indicator Says (Barron’s)
  3. Trump supports second ‘very generous’ coronavirus stimulus package (New York Post)
  4. Trump says ‘China trade deal is fully intact’ (Street Insider)
  5. Gilead Sciences (GILD) will acquire 49.9% equity interest in Pionyr Immunotherapeutic for $275 million (Street Insider)
  6. Gilead to Begin Human Testing of Inhaled Version of Covid-19 Drug Remdesivir (Wall Street Journal)
  7. A Weaker Dollar Is Just What the World Needs (Bloomberg)
  8. Hotel stocks: Bull and bear cases for buying into the travel rebound (CNBC)
  9. European Economic Data Is V-Shaped, but the Economy Isn’t Wall Street Journal)
  10. European stocks lifted by PMI numbers (Financial Times)
  11. Tesla Analyst Estimates ‘Staggering’ 650K Cybertruck Preorders (Benzinga)
  12. Photo from Pixabay.
  13. BofA Bullish On Allegiant, Southwest, Says Leisure Travel Recovering (Benzinga)
  14. BofA Upgrades Concho Resources, Cimarex Energy On Improving Oil Outlook (Benzinga)
  15. Schwarzman Sees ‘Big V’ Economic Rebound in Next Few Months (Yahoo! Finance)
  16. Kansas City Southern volumes are ‘improving’ off of early-May bottom; stock gains (MarketWatch)
  17. Europe’s economy bounced back sharply in June (Business Insider)
  18. As States Reopen, Workers, Executives Want Government to Make Masks Mandatory (Wall Street Journal)
  19. Rally in Raw Materials Signals Economic Rebound (Wall Street Journal)
  20. Coronavirus Cash Needs Prompt Companies to Rethink Investments (Wall Street Journal)

Be in the know. 20 key reads for Monday…

  1. U.S. banks are ‘swimming in money’ as deposits increase by $2 trillion amid the coronavirus (CNBC)
  2. China Investor Buys Record-Cheap Bank Stocks Nobody Else Wants (Bloomberg)
  3. ‘Fed story’ will win out over second virus wave and election fears, says UBS, so it’s time for investors to get off the sidelines (MarketWatch)
  4. BlackRock says it’s warming up to Europe, which it says may outgrow the U.S. in second half of the year (MarketWatch)
  5. Your blood type may determine your odds of contracting the coronavirus, study finds (MarketWatch)
  6. Wearing masks is ‘all we have’ to try to reduce the spread of coronavirus, former FDA commissioner says (MarketWatch)
  7. Fed to Assess How Banks React to Possible Covid-19 Scenarios (Wall Street Journal)
  8. Restaurant Reservations, Driving Directions and Other Indicators Wall Street Is Watching (Wall Street Journal)
  9. Pandemic Travel Patterns Hint at Our Urban Future (Bloomberg)
  10. Here are five charts that track how the U.S. economy is recovering from coronavirus (CNBC)
  11. Can the Fed’s Main Street loan program save midsize companies during COVID-19 crisis? (USA Today)
  12. Flavortown, Ohio? Thousands want Columbus renamed for native celebrity chef Guy Fieri (USA Today)
  13. Hedge Funds Exploit CLO Weakness Laid Bare by Corporate Distress (Bloomberg)
  14. The New Weapon in the Covid-19 War (Bloomberg)
  15. Google billionaire Sergey Brin has a secret charity that sends ex-military staff into disaster zones on a superyacht (Business Insider)
  16. UBS Upgrades Wal-Mart (WMT) to Buy; Entering Era of Amplified Earnings Growth (Street Insider)
  17. Foreign investors to be biggest buyers of US stocks: Goldman Sachs (FoxBusiness)
  18. How zero-fee trading helped Citadel cash in on retail trading boom (Financial Times)
  19. Live Nation announces drive-in concert series in 3 cities (Fox Business)
  20. Baltic index edges up on higher panamax, supramax rates (Reuters)