Indicator of the Day (video): New 52-Week Highs Our Applied Stock Market Indicator of the Day (in 60 Seconds or Less) is: New 52-Week Highs
Be in the know. 10 key reads for Tuesday… Intel Set to Launch AI-Centric Processors Meeting Microsoft Standards by Q3 2024 (elblog) Vans’ New Sneaker Is a Beautiful Slip-on Skate Shoe Hybrid (highsnobiety) Goldman Says Equity Investors Bracing for Return of Volatility (bloomberg) The Fed Still Needs a Few Months of Good Data to Cut Rates, Says a Governor (barrons) Microsoft’s Week of AI Starts With News About PCs (barrons) ChatGPT Has Competition. How Google’s Gemini Compares. (barrons) Can Artificial Intelligence Make the PC Cool Again? (nytimes) Many Quit Weight-Loss Drugs Too Early for Benefits, Insurer Says (bloomberg) The $367,000 Ferrari 296 GTS Hybrid Joins the Great Car Hall of Fame (bloomberg) Quantum Computing Gets Real: It Could Even Shorten Your Airport Connection (wsj)
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Be in the know. 12 key reads for Monday… Wall Street’s biggest bear flips, raises S&P 500 price target by 20% (yahoo) Deck Maker’s $450 Million Bet on America’s Renovation Boom (wsj) Alibaba Shares Rise as Investors Grow Confident in Long-Term Outlook (wsj) ‘Dumb Money’ Loses $13.1 Billion In Latest GameStop Stock Mania (investors) Chinese stocks see ‘golden cross’ in latest sign rally could continue (marketwatch) <Research>G Sachs Raises 12-Mth Target of MSCI China Index to 70 pts, CSI 300 to 4,100 pts (aastocks) BABA’s Taobao Tmall ‘618’ To Offer RMB200B Rapid Repayment Quota to Merchants (aastocks) Will China’s plan for housing buys help smooth the road to economic recovery? (scmp) China’s capital markets set for ‘renewed growth for many years to come’ after Beijing’s rescue actions: investors (scmp) Florida’s 125% Surge in Property-Insurance Bills Sows Havoc (bloomberg) Opinion: Corporate insiders at these companies are telling us that consumers are cruising (marketwatch) Dollar rally falters as falling inflation raises hopes of rate cuts (ft)
Indicator of the Day (video): NYSE Panic Thrust Our Applied Stock Market Indicator of the Day (in 60 Seconds or Less) is: NYSE Panic Thrust
Be in the know. 7 key reads for Sunday… S&P Profit Recovery Revs Up on Big Tech and Strong Consumer (bloomberg) Google Is Hitting Back in the AI Race. Travel Could See the First Big Change. (barrons) AI companies seek big profits from ‘small’ language models (ft) The PBOC (“Big Momma”) Releases Real Estate Policy Bazooka, Week in Review (chinalastnight) China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market (cn) How Spirit AeroSystems fits into Boeing’s rebound plan (cnbc) Can Google Give A.I. Answers Without Breaking the Web? (nytimes)