Be in the know. 20 key reads for Monday…

  1. This Quarter Will Test Bank Stocks. Here’s How to Find Good Buys in the Sector. (Barron’s)
  2. Opinion: Get ready for a good earnings season for big U.S. banks (MarketWatch)
  3. Is The Next “October Surprise” An Unexpected Moment Of Clarity? (ZeroHedge)
  4. If You’re So Smart, Why Aren’t You Rich? (Bloomberg)
  5. Banks Have a Chance to Come Up for Air (Wall Street Journal)
  6. JPMorgan Upgrades Rocket Cos Inc. (RKT) to Overweight; ‘Bringing Scale and Efficiency to Massive and Fragmented Market’ (Street Insider)
  7. BofA Securities Upgrades Franklin Resources (BEN) Two-Notches to Buy on LM Deal, Strong Balance Sheet (Street Insider)
  8. Gilead’s remdesivir shaved five days off COVID-19 recovery time, reduced risk of death in some (Street Insider)
  9. Goa Game Changer: Indian State’s Health Authority Approves & Distributes Ivermectin & Doxycycline to Treat COVID-19 as Prophylaxis (TrialSiteNews)
  10. Danbury, Connecticut officially naming sewage plant after John Oliver (Fox Business)
  11. Earnings Season Is About to Start. It Could Be Better Than You Think. (Barron’s)
  12. How to Fix Industrial Stocks’ Underperformance, With One Simple Move (Barron’s)
  13. Investors Are Betting Corporate Earnings Have Turned a Corner (Wall Street Journal)
  14. Inhaled Vaccines Aim to Fight Coronavirus at Its Point of Attack (Bloomberg)
  15. The Fed Still Has a Powder Keg at Its Disposal (Bloomberg)
  16. Chinese shoppers spend big during the Golden Week holidays (CNBC)
  17. Berkshire Hathaway Vice Chair’s Foundation Sells Stock (Barron’s)
  18. Warren Buffett phoned Treasury Secretary Hank Paulson with a stimulus idea when the 2008 financial crisis erupted. It may have saved the US economy (Business Insider)
  19. UBS lays out 3 reasons why the stock market will continue to rise – and breaks down how investors should position their portfolios for the next leg of the rally (Business Insider)
  20. A chief investment strategist explains why making short-term bets ahead of the election is a risky strategy Business Insider)

Industrials (top 30 weights) Earnings Estimates/Revisions

In the spreadsheet above I have tracked the 2020 and 2021 earnings estimates for the Industrials Sector ETF (XLI) top 30 weighted stocks. The column under the date 10/11/2020 has a letter that represents the movement in 2020 earnings estimates since the most recent print (8/11/2020). Continue reading “Industrials (top 30 weights) Earnings Estimates/Revisions”

Be in the know. 15 key reads for Sunday…

  1. Banks Have Barely Touched the Fed’s Main Street Lending Program. Except This One. (Wall Street Journal)
  2. Ferris Bueller, Style Icon? The Patterned Sweater Vest Is Back (Wall Street Journal)
  3. Joel Greenblatt on Relative Value Investing (Podcast) (Bloomberg)
  4. Thrill seeker Jared Isaacman made a small fortune training fighter pilots but his wealth soared this summer when he took his payments processing business public amid the pandemic. (Forbes)
  5. Seasonals Are Back In Style Again (Almanac Trader)
  6. Take Five: Banks, bottom lines, Brexit (Reuters)
  7. Lilly’s Rheumatoid Arthritis Drug, Combined With Remdesivir, Benefits Covid-19 Patients Who Need Oxygen (Forbes)
  8. These Custom-Wrapped, Rally Race Ford GT40 Recreations Can Soon Be Yours (RobbReport)
  9. McLaren Unveils ‘High-Performance Hybrid’ Supercar (Maxim)
  10. How Media Mogul Barry Diller Made His $3 Billion Fortune (Maxim)
  11. ECRI Weekly Leading Index Update (Advisor Perspectives)
  12. Where’s Everyone Moving To? (NPR Planet Money)
  13. What It Takes To Win At Quant Investing (Podcast) (Bloomberg)
  14. COVID-19 lockdowns were a risky experiment — and one that failed (New York Post)
  15. Tale of Two Economies: Housing-Related Boom vs Pandemic-Challenged-Services Bust (Yardeni)