Be in the know. 15 key reads for Thursday…

  1. Why bears can’t keep the stock market down despite bad news (marketwatch)
  2. Fed’s Williams says inflation is slowing and labor market is cooling (marketwatch)
  3. Alibaba’s (BABA) grocery stores operator Freshippo pursuing Hong Kong IPO, could be valued upward of $10B (streetinsider)
  4. Regional Banks Post Hits and Misses but Prove Strength After Turmoil (barrons)
  5. Contagion in banking sector isn’t likely, but credit probably tightens: Howard Marks (marketwatch)
  6. Tesla Earnings Dented by Price Cuts (wsj)
  7. Lending Slowed, Economy Cooled After Bank Failures, Fed Report Shows (wsj)
  8. The Era of Easy Deposits Is Over for Main Street Banks (wsj)
  9. Builders Are Winning as Search-Weary US Buyers Rush to New Homes (bloomberg)
  10. AMEX spending volume climbed 14% to $398.9 billion in first quarter (bloomberg)
  11. The Number Of Americans Claiming Jobless Benefits Hits 17-Month High (zerohedge)
  12. Las Vegas Sands (LVS) blows past Q1 estimates; Analysts raise numbers (streetinsider)
  13. Can Intel become the chip champion the US needs? (ft)
  14. Jeff Bezos’s First Job Was At McDonalds, Here’s What The Billionaire Learned During His Time Flipping Burgers (benzinga)
  15. STAR Market Shines, Yellen To Visit China (chinalastnight)

“Knockin’ On Heaven’s Door” Stock Market (and Sentiment Results)…

“‘Knockin’ on Heaven’s Door’ is a song by American singer-songwriter Bob Dylan, written for the soundtrack of the 1973 film Pat Garrett and Billy the Kid. Released as a single two months after the film’s premiere, it became a worldwide hit, reaching the Top 10 in several countries. The song became one of Dylan’s most popular and most covered post-1960s compositions, spawning covers from Eric Clapton, Guns N’ Roses, Randy Crawford and more.” Wikipedia

Continue reading ““Knockin’ On Heaven’s Door” Stock Market (and Sentiment Results)…”

Be in the know. 16 key reads for Wednesday…

  1. Alibaba’s Grocery Arm Gears Up for Hong Kong IPO (bloomberg)
  2. Wall Street turns even more bullish on China’s economy as the end of zero COVID boosts growth (businnessinsider)
  3. Goldman Sachs Says Mega-Cap Tech Leaders Offer the Best Way to Play the AI Boom (24/7 Wall Street)
  4. Why the ‘pain trade’ explains the stock market’s continued rise despite bad news (marketwatch)
  5. Andy Beal, America’s richest banker, makes a massive bond bet on inflation (marketwatch)
  6. Netflix Lays Bare Tech’s Big Conundrum: How to Cut Costs While Boosting Growth (barrons)
  7. Why the Stock Market Is Going Up When Worries Abound (barrons)
  8. Redfin sees U.S. home prices in March fall the most in 11 years (marketwatch)
  9. Western Alliance Stock Surges as Bank Deposits Stop Falling. It Buoys Other Regionals (barrons)
  10. China’s Consumers Give Economy a Post-Covid Boost (wsj)
  11. China’s Economic Renaissance Poses a Fresh Dilemma (bloomberg)
  12. Bank of America customers are spending more and that’s supporting U.S. employment, CEO says (cnbc)
  13. The Fed must end rate hikes quickly to avoid a recession as inflation is cooling and the banking system remains fragile, Moody’s Analytics chief economist says (businessinsider)
  14. Investors who ‘sell in May and go away’ this year could miss a big summer rally in the stock market, Bank of America says (businessinsider)
  15. A Signal Flashes That Was Bullish Last Nine Times (zerohedge)
  16. Intuitive Surgical (ISRG) delivers best procedure growth in a decade; shares gain (streetinsider)