The “Shake it Off” Stock Market (and Sentiment Results)…

On August 19, 2014, Taylor Swift released her hit song “Shake it Off.”  It was nominated for three Grammy awards in 2015 and named one of the 10 songs that defined the 2010’s by USA Today.  The key lyrics that relate to the current state of the stock market are as follows: Continue reading “The “Shake it Off” Stock Market (and Sentiment Results)…”

Be in the know. 22 key reads for Wednesday…

  1. Markets are hankering to find out the Fed’s plan to shrink its $9 trillion balance sheet. They should get their wish Wednesday (marketwatch)
  2. Fed to begin ‘rapid’ balance sheet reduction as soon as May, says top official (ft)
  3. Sea Ltd, Southeast Asia’s largest internet firm, has pulled out of India’s e-commerce market as it seeks to prioritize profits over growth (wsj)
  4. Prospect of Fed firing on all cylinders spooks bonds (reuters)
  5. Koch Industries’ Bet on Batteries (nytimes)
  6. Banks Weigh Plan to Expand Zelle (wsj)
  7. Citi Strategists Say U.S. Stocks Can Rise After Curve Inversion (bloomberg)
  8. Russia Says Foreign Banks Rejected $649.2 Million Bond Payment (bloomberg)
  9. China Services PMI Crashes In March As COVID Crisis Worsens (zerohedge)
  10. Shanghai Residents Rebel As Cases Surge, Lockdown Extended ‘Indefinitely’ (zerohedge)
  11. One Bank Spots A Big Red Flag For Stocks: Buybacks Are Inexplicably Tumbling (zerohedge)
  12. S. buybacks seen at record highs ahead of earnings reports (reuters)
  13. Consider Buying These Growth Stocks as Real Rates Remain Negative – Citi (streetinsider)
  14. Apple (AAPL): App Store Revenue Growth in March ‘Encouraging’ – Analyst (streetinsider)
  15. Elon Musk’s Twitter board seat raises questions about his plans for the company (cnbc)
  16. Musk Refiles Twitter Disclosure to Show He’s an Active Investor (yahoo)
  17. Meta Platforms (FB) Price Target Raised at UBS Ahead of Earnings (streetinsider)
  18. Here is Ray Dalio’s inflation outlook, on a scale of 1 to 10 (yahoo)
  19. The Big Read. Weaponisation of finance: how the west unleashed ‘shock and awe’ on Russia (ft)
  20. Hang Seng slides as Shanghai lockdown, PMI report cloud China growth outlook (scmp)
  21. Don’t count him out You’d be a fool to think Tiger Woods can’t win the Masters (nypost)
  22. April could be a magic month for stocks — if you want it to be (marketwatch)

Be in the know. 20 key reads for Tuesday…

  1. Boeing’s MAX Jet Is Nearing a Milestone (barrons)
  2. Biotech Stocks Have Taken a Beating. How to Play a Rebound. (barrons)
  3. Elon Musk Is Appointed to Twitter’s Board. He Can’t Own More Than 14.9%. (barrons)
  4. Musk Gets Right to Work (barrons)
  5. Carnival Stock Rises. It’s Lifting All Boats. (barrons)
  6. Opendoor Grows Its Footprint in Metros, Enters New York, New Jersey (barrons)
  7. Elon Musk Is Already Dropping Hints on His Plans for Twitter. So Much for ‘Passive.’ (barrons)
  8. Bluebird Bio Cuts Expenses and Its Workforce to Navigate Cash Crunch (bloomberg)
  9. Masters Is All About Tiger Woods, Even With So Many Subplots (bloomberg)
  10. Ex-Google CEO Eric Schmidt: People should return to the office — here’s why (cnbc)
  11. US blocks Russia from making bond payments, upping pressure on Putin (nypost)
  12. Ethereum is on the verge of a major upgrade that will result in a 90% decrease in ether token supply issuance. A crypto VC breaks down why ETH’s price and staking yield could go up dramatically after ‘the merge.’ (businessinsider)
  13. The World Is Piling on Debt as It Battles Inflation (wsj)
  14. China-Ukraine Diplomats’ Call Signals Xi May Finally Speak With Zelenskiy (bloomberg)
  15. Fed’s Brainard sees balance sheet reduction soon and ‘at a rapid pace’ (cnbc)
  16. Brazil’s Sky-High Interest Rates Fuel World’s Best Carry Trade (bloomberg)
  17. Q1 Buybacks Were the Lowest in 5 Years – BofA (streetinsider)
  18. Top Analysts Say 8 Q1 Underperforming Dividend Stocks Could Be Huge Q2 Winners (247wallst)
  19. Hong Kong Internet Stocks Cheer Proposed CSRC Rule Change (chinalastnight)
  20. Ukraine Update: NATO Says Russia Focusing on Taking Donbas (bloomberg)