The “3 Magic Words” Stock Market (and Sentiment Results)…

On Tuesday, I joined legendary anchor Larry Mendte (over 80 regional Emmy’s in his career) on the Mark Simone Show 710 WOR AM (iHeart Radio).  This show is #1 nationwide in its daily time slot from 10am-12pm.  It is heard by over 22 million radio and TV listeners a month.  In this segment with Larry, I covered the “Magic 3 Words” that could change everything on a dime (hint: they are NOT Volker’s words, “keep at it”).  Thanks to Larry for having me on.  Listen here:
Continue reading “The “3 Magic Words” Stock Market (and Sentiment Results)…”

Be in the know. 30 key reads for Wednesday…

  1. Chinese Cities, Factories Tell People With Covid to Go Back to Work (bloomberg)
  2. Investments could flow back into China as companies avoid U.S. delisting (cnbc)
  3. Are stocks cheap enough to buy? BlackRock says they are after a brutal 2022 (marketwatch)
  4. US Rent Inflation Is Slowing Fast in New Index Built by Fed Team (bloomberg)
  5. BofA clients bought equities again last week, driving biggest ETF inflows since 2017 in sinking stock market (marketwatch)
  6. Cooper Standard SEC Filing (sec)
  7. Disney Could Spin Out ESPN, ABC by End of 2023, Analyst Says (barrons)
  8. Why Did the Bank of Japan Surprise Economists With Its Barely Perceptible Change? (barrons)
  9. Chinese Air Travel Surges After Easing of Covid Restrictions (wsj)
  10. China’s Economy Won’t Be Number One (wsj)
  11. These Will Be The Best 10 Stocks In 2023, Analysts Say (investors)
  12. LIV Golf players will be invited to 2023 Masters (nypost)
  13. Nike Reports Robust Sales Amid Sustained Inventory Pileup (bloomberg)
  14. Bill Gross says markets are headed for ‘potential chaos’ if interest rates keep going up (cnbc)
  15. Kuroda-nado Not Enough To Derail US Treasury Rally, BoJ Shift Sparks Japanese Banking Bonanza (zerohedge)
  16. Amazon (AMZN) settlement with EU could help reduce DMA overhang – analyst (streetinsider)
  17. Bank of Japan stuns markets with yield control policy change (ft)
  18. China calls on manufacturers to stay resilient after Foxconn mishap (scmp)
  19. Charts suggest a Santa Claus rally is still in play and a buying opportunity is coming, Jim Cramer says (cnbc)
  20. Take a Look at Junk Bonds. They Now Yield Over 8%. (barrons)
  21. Six Flags Picks Up an Activist Investor. Its Real Estate Is the Focus. (barrons)
  22. Investors, Big-Company CEOs Split on Economic Optimism, Survey Says (wsj)
  23. S. Home Sales Dropped 7.7% in November (wsj)
  24. Chinese Banks Edge Out Wall Street Rivals in Global IPO Rankings (bloomberg)
  25. US Consumer Confidence Jumps to Highest Level in Eight Months (bloomberg)
  26. Warren Buffett’s dream business is a little chocolate maker that’s generated an 8,000% return for him. Here are 5 reasons why he loves See’s Candies. (businessinsider)
  27. Wall Street stock-market forecasts for 2022 were off by the widest margin since 2008 (marketwatch)
  28. Nike (NKE) stock surges 12% after ‘strong’ results, analysts hike numbers (streetinsider)
  29. Chinese Tourism Stocks Rally (chinalastnight)
  30. Chinese Semiconductor IPOs Surge as Chip Arms Race Heats Up (wsj)

Tom Hayes – Mark Simone Show Appearance with Larry Mendte on 710 WOR – 12/20/2022

Mark Simone Show Appearance with Larry Mendte on 710 WOR – Thomas Hayes – Chairman of Great Hill Capital – December 20, 2022.

Thanks to the legendary Larry Mendte for inviting me on the Mark Simone Show today to talk Stock Market and the Economy.

Mendte has over 80 Regional Emmy Awards from the New York, San Diego, Chicago and Philadelphia markets, and holds the record in several categories in Philadelphia and Chicago. In Philadelphia, he has won a record 4 Emmy Awards in the Outstanding Anchor category and seven in various writing categories.

Be in the know. 5 key reads for Tuesday…

  1. Cooper Standard Announces Fully Backstopped Private Offering of New First Lien Notes and Private Exchange Offer and Consent Solicitation for Existing Senior Notes as Part of Refinancing Transactions (cooperstandard)
  2. Mainland investors will be able to buy Alibaba in 3 months (csrc)
  3. China Confirms Change to Covid Death Definition as Doubts on Data Grow (bloomberg)
  4. Bank of Japan shocks global markets with bond yield shift (cnbc)
  5. Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses (cnbc)