Hedge Fund Trade Tip (PIN) – Position Idea Notification
Quote of the Day…
Hedge Fund Tips (PCN) – Position Completion Notification
Be in the know. 25 key reads for Tuesday…
- Hopes of China easing Covid restrictions further take hold as market observers detect a delicate shift in tone (scmp)
- Big hedge funds shop for bargains in corporate debt markets (ft)
- Reasons Are Adding Up for Optimism on Inflation (bloomberg)
- Xi Jinping Needs to Bring Jack Ma Back Into the Fold (bloomberg)
- China Weighs Gradual Zero-Covid Exit but Proceeds With Caution, Without Timeline (wsj)
- Meta Is Spending Like an Oil Company. It Needs to Stop. (barrons)
- Nvidia Plans New Chip for China to Meet U.S. Rules (barrons)
- Where to Find Stocks That Will Rise 10 Times (barrons)
- Xi’s New No. 2 Faces Challenge to Make China’s Economy Hum Again (bloomberg)
- Why Central Banks Got Serious About Digital Money (bloomberg)
- China Expands Financing Tool That Can Support Ailing Developers (bloomberg)
- Semiconductor stocks have bounced from 2022 lows — and analysts expect upside of at least 28% in the next year (marketwatch)
- What midterm election results mean for the stock-market bounce, according to Morgan Stanley’s Wilson (marketwatch)
- Norwegian Cruise Line Beats Earnings Estimates and Signals Record 2023. The Stock Is Rising. (barrons)
- Jokowi Says Joe Biden, Xi Jinping to Attend G-20 Summit in Bali (bloomberg)
- China’s Lockdowns Fail to Contain Covid as People’s Anger Grows (bloomberg)
- Hedge-Fund Manager Who Helped Expose Luckin Coffee’s Fraud Bets on Chinese Chain’s Comeback (wsj)
- JPMorgan breaks down 4 reasons why it’s time to buy into small and mid-cap stocks amid aggressive monetary tightening (businessinsider)
- There’s only a 35% chance that the US suffers a recession in the next year, top Goldman Sachs economist says (businessinsider)
- Jeremy Siegel says the housing crash will force Fed chief Powell to ‘flip sometime’ on inflation and pivot (businessinsider)
- There are 2 big catalysts that could be a ‘game changer’ for the stock market this week, according to Fundstrat’s Tom Lee (businessinsider)
- Nobel laureate Paul Krugman says ‘true’ US inflation may have cooled to below 4% – and points to falling rental prices and slowing wage growth as proof (businessinsider)
- Alibaba’s international arm is spending millions to expand into South Korea (cnbc)
- Berkshire Sold $5 Billion of Financial Stocks, Possibly Citigroup and Bank of NY (barrons)
- This year’s World Internet Conference to have less glitz and more policy (scmp)
Where is the money flowing today?
Be in the know. 20 key reads for Monday…
- Worst Looks Over for Emerging Currencies, Morgan Stanley Says (bloomberg)
- Here’s how much China stocks still could rally from zero-COVID, say Goldman Sachs strategists (marketwatch)
- China Traders Look Beyond Covid-Zero Pledge to Snap Up Stocks (bloomberg)
- Alibaba and Other Chinese Stocks Are Rallying Again. (barrons)
- Meta Platforms Braces for Big Layoffs: WSJ (barrons)
- Senior White House Official Involved in Undisclosed Talks With Top Putin Aides (wsj)
- At 49, She’s Running the New York Marathon Faster Than She Ran at 35. (A Lot Faster.) (wsj)
- Amazon Sweetens Prime Offerings as Growth Stalls (wsj)
- Is China About to End Covid Zero? Here’s What We Know Right Now (bloomberg)
- Chinese Trade Unexpectedly Drops as Demand Slowdown Worsens (bloomberg)
- The Beijing Marathon Returns, With Some Covid-Zero Conditions (bloomberg)
- EU says it has serious concerns about Biden’s Inflation Reduction Act (cnbc)
- Investors are seeking further clarity on inflation from Fed speakers. (cnbc)
- Goldman Sachs says China is still ‘months away’ from reopening (cnbc)
- Afraid to cruise? Not at all, say fans who are causing ‘explosion of bookings’ (cnbc)
- Carbon Credits Emerge as a Focus at COP27 (nytimes)
- Cash App Gets the Money (wsj)
- Hedge-Fund Manager Who Helped Expose Luckin Coffee’s Fraud Bets on Chinese Chain’s Comeback (wsj)
- Xi Jinping has secured his power at home. Now he’s stepping back out on the international stage (cnn)
- Morgan Stanley’s Wilson Says US Midterms Could Fuel Equity Rally (bloomberg)
Basic Materials (XLB)- Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Basic Materials Sector ETF (XLB). I have columns for what the 2022 and 2023 estimates were: 9/6/2022 and today.
Continue reading “Basic Materials (XLB)- Earnings Estimates/Revisions”
Be in the know. 5 key reads for Sunday…
- U.S. audit inspection of Chinese companies in Hong Kong ends – sources (reuters)
- Election Day and Day After Historically Bullish (Almnanac Trader)
- The 25 Greatest Supercars of the 21st Century (So Far) (robbreport)
- What are Alibaba’s strategies on livestreaming and loyalty membership programs on Singles Day 2022? (technode)
- Mark Bergen on Apple’s Threat to the Online Ad Industry (bloomberg)
Be in the know. 20 key reads for Saturday…
- US Debt-Servicing Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck (zerohedge)
- What Midterm Elections Could Mean for Tech (barrons)
- PayPal Stock Is Down, but Wall Street Likes the Long-Term View (barrons)
- Teva Is ‘on the Way’ to Leaving Opioid Litigation Behind, CEO Says (barrons)
- Berkshire’s Operating Profit Rose 20% in 3Q. Buybacks Totaled $1.1 Billion. (barrons)
- China Quashes Rumors It’s Set to Ease Rigid Covid Containment Measures (barrons)
- Here’s strong new evidence that a U.S. stock-market rally is coming soon (marketwatch)
- A Stock Trader’s Guide to China’s Potential Exit From Covid Zero (bloomberg)
- Fed warns of ‘low’ market liquidity in $24 trillion Treasury market, in latest financial stability report (marketwatch)
- Greg Jensen nailed inflation, the Ray Dalio leadership change, and won at poker. Inside his big year. (marketwatch)
- China’s Xi urges Russia-Ukraine peace talks, warns against nuclear conflict (marketwatch)
- Higher Rates Hammer Home Buyers—and Make Mortgage REITs Lucrative for Investors (barrons)
- For Chip Makers, the Flip from Shortage to Glut Intensifies (wsj)
- Fox Is Cleared to Buy FanDuel Stake for About $3.7 Billion (wsj)
- News in-depth. How Elon Musk’s ‘war room’ of advisers are transforming Twitter (ft)
- Fed warns sharply higher interest rates could spark financial distress (ft)
- Carl Icahn snaps up shares of canning giant Crown. Here’s how he may build value (cnbc)
- Siegel and Schwartz on Stocks for the Long Run (bloomberg)
- 12 Lessons on Money and More From Warren Buffett and Charlie Munger (morningstar)
- Free Cash Flow: Back to Basics (Aswath Damodaran)