Be in the know. 25 key reads for Friday…

  1. What Small-Cap Stocks Need to Finally Join the Market Rally (barrons)
  2. Where Will Intel Stock Be in 3 Years? (fool)
  3. U.S. and China hold first informal nuclear talks in five years (reuters)
  4. As Nvidia Soars, History Advises Caution. (barrons)
  5. FedEx Stock Has Delivered Disappointment. Next Week’s Earnings Could Change That. (barrons)
  6. Gilead’s Twice-Yearly Shot Prevents HIV. Where the Stock Is Headed. (barrons)
  7. 2025 McLaren Artura Spider: An Unobnoxious Supercar (wsj)
  8. Nvidia’s Success Is the Stock Market’s Problem (wsj)
  9. New Home Construction Slows as Mortgage Rates Remain High (nytimes)
  10. Elon Musk Wants You to Have More Babies (bloomberg)
  11. US business activity inches up in June; price pressures abating (reuters)
  12. Chart Master: Is a REIT revival incoming? (cnbc)
  13. Bugatti Unveils V-16 Hybrid Supercar ‘Tourbillon’ (bloomberg)
  14. US Services Activity Expands by Most in More Than Two Years (bloomberg)
  15. Boeing-Spirit Aero Deal Nears Close as Airbus Talks Advance (bloomberg)
  16. Odd Lots: John Arnold on Why It’s Hard To Build Things (bloomberg)
  17. How YouTube Became Must Watch TV (bloomberg)
  18. Nike Stock Can Just Do It. It’s Time to Buy. (barrons)
  19. VF Stock Keeps Sliding. CEO Bracken Darrell Just Bought $1 Million of Shares. (barrons)
  20. Chances of ‘no landing’ grows by the day: Bank of America (streetinsider)
  21. Wells Fargo tells its clients to reduce exposure to ‘overvalued’ tech stocks (streetinsider)
  22. Amazon stock target lifted at Baird on revised margin outlook (streetinsider)
  23. China talks up support for IPOs. Investors are watching the speed of approval (cnbc)
  24. Leading economic index falls again, but it’s not signaling recession (marketwatch)
  25. Hertz upsizes junk-bond offering to $1 billion as it pushes ahead with fleet refresh (marketwatch)

Be in the know 18 key reads for Thursday…

  1. JPMorgan Analyst Known for Bearish Call Touts China Tech Stocks (bloomberg)
  2. ‘Sellers Are Entering the Market’ With S&P Faltering Beyond Tech (bloomberg)
  3. Swiss National Bank presses ahead as rate cutting front-runner (reuters)
  4. Opinion: Why AMD, Intel, Qualcomm and other PC giants need Apple’s AI effort to succeed (marketwatch)
  5. This indicator suggests unloved small-cap stocks may be poised for a turnaround (marketwatch)
  6. Nvidia’s Ascent to Most Valuable Company Has Echoes of Dot-Com Boom (wsj)
  7. Inside Citigroup’s Most Mysterious Business (wsj)
  8. Tiger Woods’ son Charlie 15, to play in first USGA event after winning qualifier (nypost)
  9. Treasuries Are a Whisker Away From Erasing This Year’s Loss (bloomberg)
  10. US Initial Jobless Claims Lingered Near 10-Month High Last Week (bloomberg)
  11. Fed’s Kaskhari sees some signs of ‘some softening’ in the economy (marketwatch)
  12. Xi’s Mystery PBOC Plans Surface With Biggest Shift in Years (bloomberg)
  13. EU imposes sanctions on Russian LNG (ft)
  14. This Undervalued Stock Could Join Nvidia in the $3 Trillion Club (fool)
  15. Is This Amazon’s Next $100 Billion Opportunity? (fool)
  16. America’s ‘cardboard-box recession’ is finally over, BofA says (businessinsider)
  17. 2 states where home prices are falling because there are too many houses and not enough buyers (businessinsider)
  18. US Housing Starts & Building Permits Plunge To COVID Lockdown Lows (zerohedge)

The Next Pain Trade – Stock Market (and Sentiment Results)…

Above: Nvidia CEO Jensen Huang giving his signature to a fan.

Nvidia

Nvidia has been all the rage – and justifiably so.  Since NVDA reported its Q1 2023 earnings report and disclosed the huge demand for its AI chips, the stock has gone straight up.  Now it’s worth $3.3T.  Revenues up 4x, margin expansion, everything anyone could ever wish for. Continue reading “The Next Pain Trade – Stock Market (and Sentiment Results)…”