Thanks to Medha Singh and Devik Jain for including me in their article on Reuters today. You can find it here:
Be in the know. 12 key reads for Monday…
- Warren Buffett may have bought back more than $5 billion in Berkshire Hathaway stock in recent weeks (Business Insider)
- Barron’s Daily: Merger Monday Is Back (Barron’s)
- Stocks are resilient because investors have been braced for much worse COVID-19 news, says strategist (MarketWatch)
- Pfizer, BioNTech stocks surge after COVID-19 vaccine candidates get Fast Track designation (MarketWatch)
- Income rates: How much you need to make to be in the top 1% in every state (USA Today)
- Blank-Check Boom Gets Boost From Coronavirus (Wall Street Journal)
- Wall Street’s Earnings Forecast: Cloudy With a Chance of Turbulence (Wall Street Journal)
- Are Banks Afraid of Covid-19? Watch How Much They Set Aside for Loan Losses This Week (Wall Street Journal)
- Bank Earnings: Main Street Blues vs. Wall Street Boom (Wall Street Journal)
- Fed’s Support for Corporate Debt Has Been a Wall Street Bonanza (Bloomberg)
- These ignored stocks may be poised to rebound (Yahoo! Finance)
- Alibaba’s Jack Ma sells $9.6B worth of shares, stake dips to 4.8% (Fox Business)
Be in the know. 15 key reads for Sunday…
- Bill Miller on the Classical Value Portfolio (Podcast) (Bloomberg)
- Connecticut Bet Big on the Suburbs. That Might Finally Pay Off. (Wall Street Journal)
- Fed, Treasury Disagreements Slowed Start of Main Street Lending Program (Wall Street Journal)
- People complain that going to the shore is a careless act during a pandemic, but the science so far suggests otherwise. (The Atlantic)
- Should Value Investors Buy General Dynamics (GD) Stock? (Insider Monkey)
- Kanye West’s Plans for Wyoming Mansion Approved (Architectural Digest)
- Kanye West is not running for President…yet (Fortune)
- President Trump to introduce executive order on immigration reform (OAN)
- This Aston Martin DB5 Comes With a Rear Smoke Screen and Twin Front ‘Machine Guns’ (Maxim)
- Mansory Unleashes Carbon Fiber-Bodied 710 HP Ford GT (Maxim)
- 2021 Ford Bronco Finally Leaks Ahead of Its Big TV Debut on Monday Night (TheDrive)
- Flying Taxis Are Coming. Inside the Scramble to Find Them a Place to Land. (Robb Report)
- Welcome to the Czech Republic – Incredible Culture and Stunning Beauty (thelifeofluxury)
- How To Build a Treehouse (Popular Mechanics)
- Investment banking activity witnessed robust quarter: Thomas B. Michaud (Fox Business)
Be in the know. 20 key reads for Saturday…
- Lichtenstein Nude Leads Christie’s $421 Million Live-Stream Auction (Bloomberg)
- Wall Street Forges a New Relationship to Data in Coronavirus Age (Bloomberg)
- What to expect as banks report earnings: more loan pain but plenty of fee income (MarketWatch)
- Hedge Fund Tips Podcast/VideoCast: Cyclicals, The Election and Buffett (ZeroHedge)
- Gilead Says New Analysis Suggests Remdesivir Reduces Covid-19 Deaths (Barron’s)
- 37 Stocks to Buy for the Second Half of 2020, According to Barron’s Roundtable Experts (Barron’s)
- How Barron’s Roundtable Panelists’ 2020 Stock Picks Have Performed So Far This Year (Barron’s)
- The Tanger Outlets CEO Thinks Online Shopping Is Overrated. Now He’s Betting on It. (Wall Street Journal)
- How to Visit the National Parks Safely in the Summer of Covid-19 (Wall Street Journal)
- German Biotech Sees Its Coronavirus Vaccine Ready for Approval by December (Wall Street Journal)
- Jair Bolsonaro: The rightwing leader may emerge politically stronger from the pandemic (Financial Times)
- Disney World to Reopen as Coronavirus Cases Surge in Florida (Bloomberg)
- Goodbye, extra $600: Unemployment benefits won’t exceed former wages in next stimulus bill, Treasury’s Mnuchin says (MarketWatch)
- Here’s what Trump’s back-to-work bonus could look like (Fox Business)
- Hedge Funds Would Get to Keep Lots of Trades Secret in SEC Plan (Bloomberg)
- The latest Corvette is great, but wait until you see what comes next (CNN Business)
- Warren Buffett bets big with $10 billion Dominion Energy deal—What it means (CNBC)
- Emerging Markets Rally as Economies Reopen in the Second Quarter (Advisor Perspectives)
- A contrarian take on recovery prospects (Andreessen Horowitz)
- Bill Miller: The Economy, What The Pandemic Has & Has Not Changed (YouTube)
Hedge Fund Tips with Tom Hayes – VideoCast – Episode 38
Article referenced in VideoCast above:
The AC/DC “Back in Black” Stock Market (and Sentiment Results)…
Hedge Fund Tips with Tom Hayes – Podcast – Episode 28
Article referenced in podcast above:
The AC/DC “Back in Black” Stock Market (and Sentiment Results)…
Where is money flowing today?
Be in the know. 20 key reads for Friday…
- Wells Fargo upgraded to Outperform from Neutral at Baird. (TheFly)
- Gilead says remdesivir coronavirus treatment reduces risk of death (CNBC)
- Maryland man may be first person successfully vaccinated against COVID-19 (New York Post)
- Trump says he’ll wear a mask on trip to Walter Reed medical center (New York Post)
- Lumber Prices Rise Sharply Despite Covid-19 (Barron’s)
- 2 Bank Stocks Worth a Look Heading Into Earnings (Barron’s)
- Wells Fargo Stock Has Potential, Because ‘a Broken Bank Can Be Fixed’ (Barron’s)
- Mnuchin wants ‘another round’ of stimulus checks passed this month (New York Post)
- 68% Have Antibodies in This Clinic. Can Neighborhood Beat a Next Wave? (New York Times)
- Wear a Mask — That’s How We Stop Covid-19 Together (Barron’s)
- Walgreens to Cut 4,000 Jobs in U.K. Boots Stores (Wall Street Journal)
- Oil Went Below $0. Some Think It Will Rebound to $150 One Day. (Wall Street Journal)
- German Biotech Sees Covid-19 Vaccine Ready for Approval by December (Wall Street Journal)
- Cruise Ships Still Have Their Fans, Even After Coronavirus (Wall Street Journal)
- GM reveals price, features of 2021 Corvette Stingray, including two new colors (USA Today)
- These ‘epicenter’ stocks could surge higher, says analyst who called March bottom (Yahoo! Finance)
- Natural Gas Is Rebounding. 3 Stocks to Play the Move. (Barron’s)
- Fed balance sheet below $7 trillion, repo drops to zero for first time since September (Street Insider)
- Wells Fargo preparing to cut thousands of jobs: Bloomberg Law (Street Insider)
- Mortgage bailout sees biggest one-week decline, but more borrowers are extending terms (CNBC)
Consumer Discretionary (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Consumer Discretionary Sector ETF (XLY) top 30 weighted stocks. Continue reading “Consumer Discretionary (top 30 weights) Earnings Estimates/Revisions”