Be in the know. 22 key reads for Friday…

  1. Alibaba says its AI models are used by 90,000 corporate clients in China (scmp)
  2. 3M Is Leaner and Ready to Grow. It’s Time to Buy the Stock. (barrons)
  3. China Property Stocks Surge as Home-Buying Easing Gains Momentum (bloomberg)
  4. PBOC May Trade Bonds to Shake Off Reliance on Banks, ANZ Says (bloomberg)
  5. Hong Kong Stocks Power to Nine-Month High on Dividends, Property (bloomberg)
  6. Public Companies Are Alive and Well (wsj)
  7. Profits Are Booming—and That’s Shielding the Economy (wsj)
  8. Buybacks Are Back: Corporate America Is on a Spending Spree (wsj)
  9. Stocks Rally Pushes On With Fed Speakers in Focus (bloomberg)
  10. The Dow Is a Terrible Index. But It Is Telling Us Something Important. (wsj)
  11. UK exits recession with fastest growth in nearly three years (reuters)
  12. Stocks Haven’t Had an Earnings Boost. Why It Will Come. (barrons)
  13. Small-Caps Are Stuck. How They Get Moving Again. (barrons)
  14. The surprising reason why utilities stocks have suddenly transformed into the hottest sector on Wall Street (marketwatch)
  15. Where does China’s production capacity come from? (peoplesdaily)
  16. Valuation levels for Chinese stocks are attractive, says Kinger Lau (cnbc)
  17. Fed’s Bostic says economy likely slowing, though rate-cut timing uncertain (reuters)
  18. Alibaba opens new global headquarters in China on annual family day (scmp)
  19. The US can do one big thing to weaken the dollar and put pressure on China (businessinsider)
  20. Why China’s tolerance for a cheaper currency may be temporary (reuters)
  21. Loonie Surges After Canada Job Gains Blow Past Expectations (yahoo)
  22. What should the BoJ do with its huge stock portfolio? (ft)

Be in the know. 15 key reads for Thursday…

  1. BOJ’s policy board becoming more concerned about effects of a weaker yen (marketwatch)
  2. China’s imports jump 8.4% in April, exceeding expectations as purchases from the U.S. grow (cnbc)
  3. Three overlooked stocks from a Spanish quant: ‘Now is not a time everyone is going to win.’ (marketwatch)
  4. UK’s FTSE 100 Outperforms in Europe as BOE Fuels Rate-Cut Bets (bloomberg)
  5. The Fed Is in a Holding Pattern. That Could Be Good for Stocks. (barrons)
  6. China’s foreign trade up 5.7 pct in first four months (peoplesdaily)
  7. China Mulls Dividend Tax Waiver on Hong Kong Stocks Connect (bloomberg)
  8. Hong Kong’s New Home Sales Hit Record High of $5.4 Billion (bloomberg)
  9. Chinese stocks hit 2024 highs on more property support, positive trade data (streetinsider)
  10. Solventum Reports Earnings. There Will Be No Dividend. (barrons)
  11. New Hertz CEO Bets $1 Million on the Battered Stock (barrons)
  12. Weekly jobless claims jump to 231,000, the highest since August (cnbc)
  13. Bruins-Panthers Game 2 ends in violence as David Pastrnak, Matthew Tkachuk fight during huge brawl: ‘Not afraid of him’ (nypost)
  14. ‘Seriously Underwater’ Home Mortgages Tick Up Across the US (bloomberg)
  15. Disney and Warner to Offer Bundle of Their Streaming Services (wsj)

Are you Mad or Glad? Stock Market (and Sentiment Results)…

During earnings season we try to cover 1-2 companies we have discussed in previous podcast|videocast(s). This week, Cooper Standard (CPS) reported results.  We originally initiated this position in May of 2022 ~$5.50.  You can see our original and time-stamped historic commentary in our note last quarter here.
Continue reading “Are you Mad or Glad? Stock Market (and Sentiment Results)…”