Be in the know. 28 key reads for Tuesday…

  1. Wall Street’s ‘mob psychology’ could fuel a dangerous stock meltup, warns top strategist (marketwatch)
  2. Daytona 500 highlights: All the top moments from William Byron’s win in NASCAR opener (usatoday)
  3. Nvidia’s earnings report could kill the momentum driving U.S. stocks higher, regardless of how it turns out. (marketwatch)
  4. The Economy Is Booming, Data Show. Wall Street Disagrees. (wsj)
  5. Everything China’s Doing to Rescue Its Battered Stock Market (bloomberg)
  6. China boosts property funding with first cut in key loan rate since June (cnbc)
  8. China data shows biggest travel surge since COVID (marketwatch)
  9. China cuts mortgage rates by record amount to help struggling property sector (marketwatch)
  10. Wall Street Firms Are Flip-Flopping on Climate. Here’s Why. (nytimes)
  11. Citi’s Montagu: US equity futures bullish positioning unchanged despite pullback (streetinsider)
  12. Bernstein raises Disney (DIS) PT, expects positive impact from password-sharing crackdown (streetinsider)
  13. Is Highflyer Nvidia Losing Its Luster? (institutionalinvestor)
  14. How War in Europe Boosts the U.S. Economy (wsj)
  15. Billions Start Flowing to Chip Makers for New U.S. Factories (wsj)
  16. Tiger Woods Offers a Glimpse of What’s Next (wsj)
  17. Are Lithium Stocks at Rock Bottom? (wsj)
  18. Nike Joins Growing List of US Companies Doing Large Layoffs (bloomberg)
  19. Airbus says competition from China’s Comac C919 is ‘not going to rock the boat’ (cnbc)
  20. Elon Musk says Neuralink’s first patient can move a computer mouse ‘by just thinking’ (businessinsider)
  21. Goldman Sachs ups year-end S&P 500 target to 5,200, says Big Tech must do the heavy lifting (marketwatch)
  22. Nvidia’s Staying Power Is the $2 Trillion Question (wsj)
  23. These Drug Companies Are Going Nuclear to Fight Cancer (wsj)
  24. China’s New Securities Chief Meets With Market Participants to Address Concerns (wsj)
  25. In Rare Move, China Stock Watchdog Vows to Heed Market Criticisms to Avert $5 Trillion Rout (bloomberg)
  26. China Supercharges Stimulus With Biggest Cut In Mortgage Reference Rate On Record (zerohedge)
  27. Ozempic Users Slash Snack Buying At Supermarkets, Survey Finds (zerohedge)
  28. Lots of positive signals from the market beneath the mega-caps, says Ryan Detrick (cnbc)

Be in the know. 17 key reads for President’s Day…

  1. PayPal stock trades near its cheapest valuation in history, and one Wall Street analyst sees triple-digit upside for shareholders. (fool)
  2. China’s Premier Urges ‘Forceful’ Action to Boost Confidence (bloomberg)
  3. China State Banks Earmark $8 Billion for Property Projects. Authorities are stepping up support for housing market. (bloomberg)
  4. The CPI overshoot is a statistical artifact (scottgrannis)
  5. Year of the Dragon Starts With Roar for the Tourism Industry, says Alibaba’s Fliggy (alizila)
  6. Any stimulus signs emerging ahead of the key annual meetings in March, where the leadership announces the economic growth target and development goals, will thus be closely watched.(bloomberg)
  7. Stock Bulls Turn to Europe for Cheap Alternative to Magnificent Riches (bloomberg)
  8. Tourism to Hong Kong and Macau also surged, as did trips to places such as Singapore where Chinese travelers were able to enjoy relaxed visa rules. (bloomberg)
  9. China’s National Team Is Back at Work as Stock Trading Resumes (bloomberg)
  10. China’s Hainan Cuts Down Payment for First-Home Buyers (bloomberg)
  11. China’s JD.com in Early-Stage Talks to Buy UK Retailer Currys (bloomberg)
  12. What’s really happening with the Evergrande liquidation (npr)
  13. The great dollar store backlash (thehustle)
  14. Jerome Powell plans to cut interest rates despite persistent inflation (nypost)
  15. Market’s Bullishness On Euro Against Dollar Looks Misplaced (zerohedge)
  16. Goldman Sachs raises S&P 500 price target on earnings strength (streetinsider)
  17. Some regional electric grids ‘in trouble’ over the next few years, says Skylar’s Bill Perkins (cnbc)

Be in the know. 10 key reads for Sunday…

  1. Robb Report’s 2024 Car of the Year: The 10 Contenders (robbreport)
  2. Masters in Business: Bill Dudley (bloomberg)
  3. Up 7 of Last 12 After Presidents’ Day but Still Weak Long Term (almanac trader)
  4. Natural Gas Crashes Into Historic 25-Year Price Support (kimblechartingsolutions)
  5. Michigan Consumer Sentiment Essentially Unchanged in February (advisorperspectives)
  6. Producer Price Index: Wholesale Inflation Inches Down to 0.9% in January (advisorperspectives)
  7. Weekly Leading Economic Index (advisorperspectives)
  8. Banner week for billionaire investor Carl Icahn – a total of four board seats at JetBlue and American Electric Power will go to deputies as Icahn celebrates his 88th birthday (fortune)
  9. Big Shale means ‘consolidate or get eaten,’ Wall Street is all in, and one of the ‘last original wildcatters’ will become America’s richest oilman (fortune)
  10. We Drove The Ferrari Roma Spider Through Italy’s Sardinian Mountains (maxim)

Be in the know. 15 key reads for Saturday…

  1. A US productivity boom may explain how inflation slowed amid a strong economy (cnn)
  2. This Tech Stock Is a Bargain Waiting to Be Found. Just Bring a Calculator. (barrons)
  3. Fed’s Bostic Argues for Patience on Rate Cuts. Here’s His Case. (barrons)
  4. Consumer Sentiment Stalls in February (barrons)
  5. Want your stock picks to beat index funds? Look at companies with one key metric. (marketwatch)
  6. Small-cap stocks haven’t been this volatile in nearly a year. What it means for the long-suffering sector. (marketwatch)
  7. Finding Stocks to Buy Is Getting Harder. 6 Shorts to Consider, From an Analyst. (barrons)
  8. The Stock Market Is Melting Up. Prepare for a Short-Term Correction. (barrons)
  9. JPMorgan and State Street quit climate group as BlackRock scales back (ft)
  10. Intel in Talks for More Than $10 Billion in Chips Act Incentives (bloomberg)
  11. How Uber Beat the Skeptics and Became Profitable (bloomberg)
  12. Odd Lots Newsletter: Who Cares When the Rate Cuts Start? (bloomberg)
  13. Top Investors Share the Toughest Lessons They Had to Learn (bloomberg)
  14. 4 Warren Buffett Stocks to Buy Now (morningstar)
  15. This 30% Undervalued Stock Is a Buy After a 7% Dividend Increase (morningstar)