Be in the know. 18 key reads for Friday…

  1. U.S. housing starts increase more than expected in March (Reuters)
  2. 4 reasons why the bull market in stocks is alive and well with more upside ahead, according to LPL (Business Insider)
  3. Bitcoin falls as Turkey bans cryptocurrency payments (MarketWatch)
  4. Completing the Process. The Energy Report 04/16/2021 (Phil Flynn)
  5. This Is the Richest American of All Time (247wallst)
  6. Morgan Stanley tops earnings estimates on better-than-expected trading, investment banking results (CNBC)
  7. David Einhorn calls out Elon Musk and Chamath Palihapitiya, defends GameStop champion Roaring Kitty, and blasts market regulators in a new letter. Here are the 11 best quotes. (Business Insider)
  8. Jeff Bezos posts his final letter to shareholders as Amazon CEO. Read the key takeaways and full note. (Business Insider)
  9. Chinese Economy Grew More Than 18% in First Quarter (Wall Street Journal)
  10. Morgan Stanley tops earnings estimates on better-than-expected trading, investment banking results (CNBC)
  11. Family Offices Targeting 800% Returns With SPAC Economics (Bloomberg)
  12. Pfizer CEO Says a Covid Booster Shot Will Likely Be Needed (Barron’s)
  13. Citigroup Reports Higher Earnings, Plans to Trim Consumer Businesses in Asia (Wall Street Journal)
  14. Delta Reports Another Quarterly Loss, but Says Travel Demand Is Rising (Wall Street Journal)
  15. Shell to Let Shareholders Vote on Shift to Cleaner Energy (Wall Street Journal)
  16. This Recovery Is Special, Whatever Bond Yields Say (Bloomberg)
  17. China’s Economy Is Booming. Shoppers Are Skittish Anyway. (New York Times)
  18. Bank of America Profit Doubles After It Releases Reserves for Bad Loans (Wall Street Journal)

Hedge Fund Tips with Tom Hayes – VideoCast – Episode 78

Article referenced in podcast above:

The Justin Bieber “Peaches” Stock Market (and Sentiment Results)…

Be in the know. 15 key reads for Thursday…

  1. Businesses are struggling to hire workers — and say Uncle Sam is to blame (New York Post)
  2. Bank of America Gains on Earnings Beat. What to Know. (Barron’s)
  3. Wall Street Banks Do More With Less (Wall Street Journal)
  4. With Earnings Soaring, Wall Street Banks See Economic Boom Ahead (New York Times)
  5. Spending at US retailers rockets 9.8% higher as stimulus supercharges reopening (Business Insider)
  6. Citi posted record profit in the 1st quarter as SPAC activity led a surge in underwriting fees and stock trading exploded (Business Insider)
  7. Green infrastructure could be the next bubble as the world shifts to alternative energy, Schwab says (Business Insider)
  8. Buy bank stocks after Citi, Goldman Sachs, BoA and JPMorgan earnings wowed, says this research group (MarketWatch)
  9. Hedge fund Elliott builds up multibillion-pound stake in GSK (Financial Times)
  10. PepsiCo expects growth to accelerate as hospitality recovers (Financial Times)
  11. State Jobless Claims in U.S. Fall to Lowest Since March 2020 (Bloomberg)
  12. American Airlines Plans Expanded Summer Flying Schedule (Wall Street Journal)
  13. Oil Demand Is Recovering Despite Vaccination Hiccups, IEA Says (Wall Street Journal)
  14. J&J Vaccine Pause Could Boost Pfizer, Moderna Stock (Barron’s)
  15. Oil Stocks Have Gotten Crushed. They Could Be Poised for a Comeback. (Barron’s)

The Justin Bieber “Peaches” Stock Market (and Sentiment Results)…

I had a tough time coming up with a song to describe Stock Market sentiment this week.  After Coinbase IPO’d at a $100B valuation, it hit me.  Market participants must be singing from the same hymnal in Justin Bieber’s latest hit “Peaches”: Continue reading “The Justin Bieber “Peaches” Stock Market (and Sentiment Results)…”

Be in the know. 8 key reads for Wednesday…

  1. Wells Fargo Earnings Jump as Economy Bounces Back (Wall Street Journal)
  2. JPMorgan Beat Profit Estimates, Driven by a Release of Credit Reserves (Barron’s)
  3. Here Are 10 Italian Stocks to Play the Reflation Trade (Barron’s)
  4. Moderna Previews Its Pipeline of Vaccines. The Stock Is Rising. (Barron’s)
  5. Exxon Mobil stock gains after Raymond James analyst backs off long-time bearish stance (MarketWatch)
  6. American Air Bets on Travel Resurgence With New Summer Schedule (Bloomberg)
  7. Goldman Sachs Says Buy These 4 Energy Stocks for Possible Summer Rally (247wallst)
  8. Banks, After Bracing for Disaster, Are Now Ready for a Boom (Wall Street Journal)