The Chris Janson “Good Vibes” Stock Market (and Sentiment Results)…

This week’s Stock Market commentary and sentiment can best be described by country star Chris Janson’s song, “Good Vibes:”

I ain’t watchin’ TV today
Bad news, it can just stay away
If you ain’t got anything good to say
Then shut your mouth
I got my windows down and my blinders on
Radio set to my favorite song
All green lights on the road I’m on
Man, there ain’t no doubt

Continue reading “The Chris Janson “Good Vibes” Stock Market (and Sentiment Results)…”

Be in the know. 5 key reads for Wednesday…

  1. Oil Extends Rally Above $50 Amid Signs Virus Spread Is Easing (Bloomberg) 
  2. Ex-Goldman CEO Lloyd Blankfein laid into Bernie Sanders after his New Hampshire win, saying he’ll wreck the economy and let Russia ‘screw up the US.’ (Business Insider) 
  3. U.S. Home-Refinancing Applications Hit Highest Level Since 2013 (Bloomberg)
  4. Steve Cohen Pulled Down at Least $1.3 Billion in 2019 (Institutional Investor)
  5. Small-Cap Health Stocks Stand Out in 2020 (Wall Street Journal)

Be in the know. 13 key reads for Tuesday…

  1. 5 Stocks That Could Rally if Coronavirus Slows (Barron’s)
  2. It isn’t 1999—the party’s not over for tech stocks yet, Goldman says (MarketWatch)
  3. How a Reality-TV Producer Became Rainmaker to $300 Billion Saudi Fund (Wall Street Journal)
  4. Buy Lyft Stock Because the Company Could Be an Acquisition Target, Analyst Says (Barron’s)
  5. Philadelphia Auto Show 2020: 1,750-horsepower SSC Tuatara makes its first public debut (USA Today)
  6. Five Hedge Fund Heads Made More Than $1 Billion Each Last Year (Bloomberg)
  7. Powell stresses that Fed is ‘closely monitoring’ coronavirus (CNBC)
  8. Ray Dalio Says Market Impact of Coronavirus Is ‘Exaggerated’ (Bloomberg)
  9. Dollar’s surge adds to coronavirus risks for US economy (Financial Times)
  10. Schwarzman on phase 2 US-China trade deal: ‘The question is timing’ (Yahoo! Finance)
  11. Pound Needs More Than Dated Data to Change Its Negative Bias (Bloomberg)
  12. Trump interview with Trish Regan (Fox Business)
  13. Stockpickers turn to big data (Financial Times)

Industrials (top 30 weights) Earnings Estimates/Revisions

In the spreadsheet above I have tracked the earnings estimates for the Industrials Sector ETF (XLI) top 30 weighted stocks. The column under the date 2/10/2020 has a letter that represents the movement in 2020 earnings estimates since the most recent print (12/12/2019). Continue reading “Industrials (top 30 weights) Earnings Estimates/Revisions”