Be in the know. 18 key reads for Friday…

  1. My thoughts on GameStop ($GME) last night on CGTN America (YouTube)
  2. J&J Vaccine Prevents Serious Illness, but Falls Short of Competitors (Barron’s)
  3. Novavax Stock Soars as Its Covid-19 Vaccine Outperforms J&J’s (Barron’s)
  4. Biden Is Patient on China for Now. That’s Making Investors Happy (Barron’s)
  5. Novavax’s Trial Data Is Great for the Stock (Barron’s)
  6. Get ready for a 10% stock drop, driven by the 3 ‘Rs,’ warns Bank of America (MarketWatch)
  7. For Golf, Covid Is Even Better Than Tiger (Wall Street Journal)
  8. American Airlines’ Results Are Terrible. That Is Great News for Its Stock Price. (Wall Street Journal)
  9. J&J Single-Dose Vaccine Is 100% Effective at Preventing Deaths, Hospital Stays (Bloomberg)
  10. AMC Entertainment reportedly explores raising new capital as its stock surges (CNBC)
  11. Short sellers down a net $54 billion on U.S. positions so far this year, data provider says (MarketWatch)
  12. Morgan Stanley Double-Upgrades Boeing (BA) to Overweight, Seeing a Clear Runway for Upside (StreetInsider)
  13. American Airlines (AAL) Enters New $1.2B At-the-Market Offering (StreetInsider)
  14. Jefferies Names Possible Hedge Fund Short Targets (Street Insider)
  15. Charles Payne unloads on Wall Street (FoxBusiness)
  16. Dwayne ‘The Rock’ Johnson reflects on move that catapulted him to stardom: ‘Hell of a risk’ (Fox Business)
  17. Hedge funds rush to get to grips with retail message boards (Financial Times)
  18. Pizza Hut Launches ‘Detroit-Style’ Pizza, and America Says ‘Huh?’ (Wall Street Journal)

Be in the know. 25 key reads for Thursday…

  1. ‘Big Short’ investor Michael Burry says Tesla isn’t GameStop – and Wall Street Bets shouldn’t be taken down (Business Insider)
  2. GameStop Fever Goes Global: What You Need To Know (Benzinga)
  3. 10 Best Moments From Chamath Palihapitiya’s CNBC Interview: ‘Pushback Against The Establishment’ (Benzinga)
  4. Why JPMorgan Says 3M’s Valuation Is Attractive (Benzinga)
  5. What’s Up With Apple: Earnings Top Estimates, Privacy, ‘New Things’ (247wallst)
  6. IMF says fiscal support needed until recovery takes hold (Reuters)
  7. The Stock Market Is Ignoring Good Earnings. Here’s Why. (Barron’s)
  8. Why Europe Needs More Fiscal Stimulus (Barron’s)
  9. Fed keeps key interest rate near zero, maintains $120B in monthly bond purchases to hold down long-term rates (USA Today)
  10. With WallStreetBets’ Triumph, Wall Street Warns of Contagion (Institutional Investor)
  11. McDonald’s misses on earnings and revenue, but U.S. same-store sales rise 5.5% (CNBC)
  12. Here are the biggest short squeezes in the stock market (MarketWatch)
  13. Robinhood Clients Report Trading Restrictions on GameStop, AMC (Bloomberg)
  14. Buy the Dip – JPMorgan’s Kolanovic (Street Insider)
  15. 9 Stocks That Will Benefit From Rising Treasury Yields, According to One Analyst (Barron’s)
  16. Chart: The top 5% among most shorted stocks have all doubled in 2021 (MarketWatch)
  17. American Airlines stock soars after fourth-quarter results but is ‘dislocating with fundamentals,’ analyst says (MarketWatch)
  18. Oil and gas interests say drilling pause only hurts already struggling Americans (MarketWatch)
  19. Tendies? Diamond hands? Your guide to the lingo on WallStreetBets, the Reddit forum fueling Gamestop’s wild rise (MarketWatch)
  20. Hedge funds retreat in face of day-trader onslaught (Financial Times)
  21. 10 Popular Hedge Fund Shorts That Could Get Squeezed Next (MarketWatch)
  22. Goldman Strategist Joins Chorus Saying Buy the Dip in Stocks (Bloomberg)
  23. U.S. Economic Growth Moderated to 4% in Final Quarter of 2020 (Bloomberg)
  24. GameStop’s Rally Pauses as Trading Platforms Bar Purchases (Bloomberg)
  25. US stock trading volumes soar past 2008 peak in Reddit battle (Financial Times)

 

The 50 Cent “In Da Club” Stock Market (and Sentiment Results)…

This week we chose rapper 50 Cent’s classic, “In Da Club” as our song to embody current stock market sentiment.  The lyrics are relevant as it relates to the GameStop (GME) short squeeze playing out on the message board (r/wallstreetbets) on Reddit. Continue reading “The 50 Cent “In Da Club” Stock Market (and Sentiment Results)…”