In the spreadsheet above I have tracked the earnings estimates for the Energy Sector ETF (XLE). Continue reading “Energy Earnings Estimates/Revisions”
Be in the know. 28 key reads for Thursday…
- Canada Goose Beats Estimates on China Strength; Shares Surge (bloomberg)
- David Tepper’s Appaloosa is betting big on Chinese tech stocks (cnbc)
- Alibaba’s Hong Kong primary listing plan can open the doors to China’s 210 million investors (scmp)
- Buy 3M Stock. Analyst Sees a ‘Turning Point’ (barrons)
- <Research>BofAS Raises BABA-SW (09988.HK) TP to $101, Rating Buy (aastocks)
- More Companies Are Selling Shares to Help Cut Debt (bloomberg)
- Warren Buffett’s Top Q1 Stock Buys And Sells; Berkshire’s ‘Mystery’ Bet Revealed (investors)
- There Are Signs of Cooling Everywhere. It Isn’t Just Inflation. (barrons)
- Bond King Bill Gross Isn’t Into Bonds Anymore. What’s He Buying Instead. (barrons)
- Here’s what Druckenmiller did as he sold Nvidia — it’s a risky bet on an unloved asset (marketwatch)
- Cisco Stock Jumps on Earnings. What Drove the Beat. (barrons)
- Inflation Eases as Core Prices Post Smallest Increase Since 2021 (wsj)
- Florida and Texas Show Signs of Home Prices Falling (wsj)
- Walmart Sales Surge as Wealthier Shoppers Flock to Retailer (bloomberg)
- Auto incentives are back (cnbc)
- How Google CEO Sundar Pichai shook up his leadership team for the AI era (businessinsider)
- BMO raises S&P 500 price target to 5600 (streetinsider)
- UBS sees two Fed cuts in 2024, yields falling below 4% (streetinsider)
- Bob Iger says Disney is ‘dramatically’ cutting investment in traditional TV (yahoo)
- Michael Burry Adds Stake in JD.com (JD.US) and Alibaba (BABA.US) During 1Q (aastocks)
- China’s cross-border e-commerce accelerates (peoplesdaily)
- China property shares jump on report of government plans to buy unsold homes (reuters)
- Yen Escapes Intervention Zone Helped by Decline in US Yields (bloomberg)
- Japan’s Shrinking Economy Hints at Stagflationary Risk (bloomberg)
- China to Discuss Property Aid With Banks, Regulators on Friday (bloomberg)
- China’s First Special Bond Issuance Likely to See Solid Demand (bloomberg)
- PDD’s Temu shopping app hit with EU consumer rights complaint (scmp)
- Big global investors reap rewards as they stay the course in Chinese blue chips (scmp)
BABA Bad or BABA Beautiful? Stock Market (and Sentiment Results)…
Is Alibaba…?
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The best A.I. play in China right now.
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The “equivalent to owning a ‘China A.I. ETF.'”
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The cheapest way to play A.I. globally. Continue reading “BABA Bad or BABA Beautiful? Stock Market (and Sentiment Results)…”
Where is money flowing today?
Indicator of the Day (video): Pring Commodity Net New High Indicator
Be in the know. 22 key reads for Wednesday…
- Alibaba’s Hong Kong primary listing can be magnet for China’s 210 million investors (scmp)
- Softer US Inflation, Retail Data Offer Fed Some Leeway (bloomberg)
- China Considers Government Buying of Unsold Homes to Save Property Market (bloomberg)
- Alibaba, Tencent beat forecasts with strong results, a harbinger of China’s improving corporate earnings as economic growth takes root (scmp)
- Fiscal Bazooka: China Considers Buying Millions Of Homes To Save Property Market (zerohedge)
- JPMorgan’s Jamie Dimon Calls For ‘Full Engagement’ With China (bloomberg)
- Google’s I/O Event Kicks Off With Promise of More AI (barrons)
- The Super Rich Are Eating Out, but Families Aren’t. Restaurants Are Starving. (marketwatch)
- Is it worth it to own Treasurys right now? These 5 charts might hold the answer. (marketwatch)
- Amazon Gets New Cloud-Computing Boss as AI Battle Shakes Up Its Top Profit Engine (wsj)
- He Quit Wall Street to Coach Ivy League Tennis—and Built a Columbia Powerhouse (wsj)
- How China Rose to Lead the World in Cars and Solar Panels (nytimes)
- Why Is Car Insurance So Expensive? (nytimes)
- Cramer: Ford and GM are winners after Biden raises tariffs on Chinese imports (cnbc)
- The S&P 500 just flashed a bullish signal that suggests the stock market will hit record highs this summer (businessinsider)
- AI Is Electrifying These Power Producers’ Shares (wsj)
- NYCB’s loan sale to JPM praised as ‘important first step’ in turnaround (marketwatch)
- Traders Ramp Up Bets in Options Market on Large ECB Rate Cuts (bloomberg)
- PBOC Rolls Over Policy Loan With Growth, Currency on Mind (bloomberg)
- Dollar hits one-month low against euro before US data, falls vs yen (streetinsider)
- OpenAI co-founder and chief scientist Ilya Sutskever departs (ft)
- Brazilian government ousts Petrobras chief after dispute over dividends (ft)
