Be in the know. 25 key reads for Thursday…

  1. JPMorgan’s Kolanovic Says Stocks ‘Can Climb Out of This Hole’ (bloomberg)
  2. Chinese Banks May Lower Lending Rates, Giving Relief to Economy (bloomberg)
  3. Chinese Developers Get State Help to Tap Bond Market (wsj)
  4. Is Sunrise Really A New Dawn For Rolls-Royce? (simpleflying)
  5. TSMC Considering Multibillion-Dollar Chip Plant in Singapore (wsj)
  6. 10-year Treasury yields are on track to fall for seven out of nine trading days (wsj)
  7. Rolls-Royce hopeful on more 787 wins for Trent 1000 as durability issues fade (flightglobal)
  8. Rolls-Royce chief strikes upbeat tone about prospects (ft)
  9. Melvin Capital’s liquidation may have been the mystery catalyst behind Wednesday’s plunge in stocks (marketwatch)
  10. Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist. (marketwatch)
  11. The Housing Market Is Cooling and 2 Other Takeaways From Real Estate Earnings (barrons)
  12. Fears of a Freight Recession Just Got Real. Blame Target. (barrons)
  13. The Bear Market in Crypto Is Wiping Out Potential Uses (barrons)
  14. Boeing Gets Boost With Long-Awaited 737 MAX Deal From British Airways Owner (wsj)
  15. S. Jobless Claims Rise for Third Straight Week (wsj)
  16. Target, Walmart Earnings Selloff Puts Retailers’ Inflation Pains on Display (wsj)
  17. China Insists Party Elites Shed Overseas Assets, Eyeing Western Sanctions on Russia (wsj)
  18. Powell Outlines Terms for Adjusting Pace of Interest Rate Hikes (wsj)
  19. Lewis Hamilton’s F1 Mercedes Team Runs Secret Tests on Car Mods (bloomberg)
  20. Ex-Banker Builds $19 Billion Fortune From Global Shipping Boom (bloomberg)
  21. Jefferies says it’s now bullish on hard-hit tech stocks, and details its favorite names and preferred industries that are investors’ best bets for outperformance (businessinsider)
  22. Warren Buffett’s deputy reflects on the pandemic crash, trumpets the value of reading widely, and explains why he loves investing in a new interview. Here are the 12 best quotes. (businessinsider)
  23. Stock Selloff Crunches SPAC Creators as They Race to Find Deals (wsj)
  24. Mortgage Lenders Are Playing Defense (wsj)
  25. Tencent’s Q1 Misses the Mark, Dr. Kissinger Talk Notes (chinalastnight)

The “Mystery Liquidator Revealed” Stock Market (and Sentiment Results)…

Last week, not only in my article of the week (The “Forced Seller” Stock Market (and Sentiment Results)…), but in my appearance on Fox Business – The Claman Countdown – I referenced the unnatural “forced selling” that was cascading and had to flush through the system before we found a bottom.  Thanks to Liz Claman and Ellie Terrett for having me on:

Watch in HD directly on fox Business

I communicated that the selling was not natural and it felt like a liquidation. Here were my notes ahead of the segment: Continue reading “The “Mystery Liquidator Revealed” Stock Market (and Sentiment Results)…”

Be in the know. 25 key reads for Wednesday…

  1. China pledges support to tech companies after market rout. Beijing’s top economic official holds meetings with executives and industry experts (ft)
  2. Shanghai Opens for More Bankers at Offices as Lockdown Eases (bloomberg)
  3. Time to Buy Information Tech Stocks After Drop, Jefferies Says (bloomberg)
  4. Retail Sales Data and Latest Earnings Suggest U.S. Isn’t in Recession Just Yet (barrons)
  5. Fed’s Bullard Says Markets Have Priced in Central Bank Tightening (wsj)
  6. Boeing Needs to Fire CEO David Calhoun (247wallst)
  7. Why Warren Buffett Bought Paramount, Not Netflix, Stock (barrons)
  8. Boeing Is Launching Its Reusable Space Capsule. What to Know About Starliner. (barrons)
  9. Why this investor who paid $650,000 to lunch with Buffett isn’t buying or selling stocks right now (marketwatch)
  10. Why one hedge-fund manager invests in Bank of America and says Tether’s days are numbered (marketwatch)
  11. Is it now or never for a stock rally? Fund managers’ cash pile is the biggest since 2001, says Bank of America (marketwatch)
  12. Fed’s Powell says a ‘softish landing’ for U.S. economy is plausible (marketwatch)
  13. Take-Two Stock Had Its Best Day Since 2017. Here’s Why. (barrons)
  14. China Eastern Black Box Points to Intentional Nosedive (wsj)
  15. S. Consumers Are Almost Too Healthy (wsj)
  16. Walmart’s Inflation Squeeze Isn’t All Bad (wsj)
  17. Pfizer’s Tight Paxlovid Rein Stymies Drug Combination Research (bloomberg)
  18. Tech’s High-Flying Startup Scene Gets a Crushing Reality Check (bloomberg)
  19. Russia Default Risk Surges as US Prepares to End Key Bond Waiver (bloomberg)
  20. Surging Dollar Stirs Markets Buzz of a 1980s-Style Plaza Accord (bloomberg)
  21. Cliff Asness Is ‘Confident’ Value Stocks Will Continue to Outperform (institutionalinvestor)
  22. Big investors increase cash holdings to highest levels since 9/11 attack (ft)
  23. Vice Premier Attends Internet Meeting (chinalastnight)
  24. Goldman Sachs cuts its China GDP forecast to 4% on Covid controls (cnbc)
  25. Tesla Bets It Can Bring Down Insurance Costs, Make Driving Safer (bloomberg)