Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 20 key reads for Thursday…
- China’s Consumers Are Ready to Spend (barrons)
- Politburo Emphasizes Domestic Consumption (chinalastnight)
- What China’s Covid-19 Reopening Means for Markets (wsj)
- Continuing Jobless Claims Surge To 10-Month Highs (zerohedge)
- How Amazon Could Get Back Into the Trillion Dollar Club (barrons)
- Almost everyone is expecting a recession next year, but the market is forecasting earnings growth, this model finds (marketwatch)
- ‘Anti-woke’ reaction? Fund giant Vanguard quits net-zero climate alliance. (marketwatch)
- Hong Kong Stocks Advance on China’s Relaxed Covid-19 Rules. Macau Casinos Surge. (barrons)
- Oil Prices Were Set to Soar. Now They’re Falling Fast. (barrons)
- China Scraps Most Covid Testing, Quarantine Requirements in Policy Pivot (wsj)
- Letter From Top Apple Supplier Foxconn Prodded China to Ease Zero-Covid Rules (wsj)
- BlackRock CEO Larry Fink pushed to exit over ESG ‘hypocrisy’ (nypost)
- Hong Kong May End Outdoor Mask Rule, Relax Covid Tests, Report Says (bloomberg)
- China Mulls More Property Easing at Economic Meeting Next Week (bloomberg)
- The Federal Reserve Is Deflating Financial Bubbles, Without a Crash (bloomberg)
- Cathie Wood May Be Right About Jay Powell Being Wrong (bloomberg)
- How Will China Turn Its Economy Back On? The World Is About to Find Out. (nytimes)
- Keystone pipeline shut after oil release into Nebraska creek (reuters)
- FT Magazine. Exclusive: The secret lives of MI6’s top female spies (ft)
- China’s Gen-Z consumers prep for bout of ‘revenge’ spending on personal care (scmp)
“Buyers’ Strike” Stock Market (and Sentiment Results)…
On Wednesday, I joined Seana Smith and Dave Briggs on Yahoo! Finance to discuss the low volume (plus tax-loss selling) buyers’ strike taking place in the market this week. Thanks to Taylor Clothier, Sydnee Fried, Seana and Dave for having me on. How does the strike get resolved? Watch here: Continue reading ““Buyers’ Strike” Stock Market (and Sentiment Results)…”
Tom Hayes – Yahoo! Finance Appearance – 12/7/2022
Yahoo! Finance Appearance – Thomas Hayes – Chairman of Great Hill Capital – December 7, 2022
Watch FULL interview in HD directly on Yahoo! Finance
Financials (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Financials Sector ETF (XLF) top 30 weighted stocks. Continue reading “Financials (top 30 weights) Earnings Estimates/Revisions”
Healthcare (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the 2022 earnings estimates for the Healthcare Sector ETF (XLV) top 30 weighted stocks. Continue reading “Healthcare (top 30 weights) Earnings Estimates/Revisions”
Where is the money flowing today?
Hedge Fund Tips (PCN) – Position Completion Notification
Be in the know. 20 key reads for Wednesday…
- “Forceful” Stimulus: China’s Politburo Shifts Focus to Boosting Economic Recovery (bloomberg)
- China Makes Big Stride in Easing Covid Rules (barrons)
- China Scraps Most Covid Testing, Quarantine Rules (wsj)
- Jeff Gundlach says the Fed is digging a hole with its rate hikes only to fill it back in: ‘Makes you wonder why they bother’ (businessinsider)
- Chinese Exports Fall at Steep Pace (wsj)
- 30-year Treasury yield hits lowest since September amid fears that Fed hikes will trigger U.S. slowdown (marketwatch)
- GSK and Sanofi shares surge after Florida ruling dismisses Zantac lawsuits in what one analyst describes as ‘best-case scenario’ (marketwatch)
- Alphabet CFO Porat Buys $1.7 Million of Blackstone Stock After Dip (barrons)
- China announces U-turn on strict zero-COVID measures (marketwatch)
- In a bright spot, Hatzius pointed to Fed Chairman Jerome Powell’s recent reference to alternative rent indicators for tracking inflation as signaling he “will not be held hostage” to lagging economic indicators typically used by the Federal Open Market Committee to track inflation. (marketwatch)
- Meta’s Targeted Ad Model Faces Restrictions in Europe (wsj)
- Alzheimer’s Treatment Thrills Investors as Doctors Debate Effect (wsj)
- US Mortgage Rates Fall a Fourth Week, Longest Stretch Since 2019 (bloomberg)
- Southwest Airlines Reinstates Dividend After Coronavirus Suspension (bloomberg)
- Activist investor calls for BlackRock CEO Fink to step down over ESG ‘hypocrisy’ (cnbc)
- Wharton professor Jeremy Siegel says stocks are set for a big rally in 2023 as productivity rises and interest rates fall (businessinsider)
- Here’s one reason to doubt the reliability of data used by the Fed to determine how aggressive it needs to be to tame inflation, according to Fundstrat (businessinsider)
- China boosts gold reserves for the first time in over 3 years in possible attempt to diversify away from dollar (businessinsider)
- China retreats from sweeping zero-Covid policies as economic toll mounts (ft)
- China’s chip imports post steepest drop in 2022 on factory disruptions, tech war scmp)
