Be in the know. 30 key reads for Thursday…

  1. Banksy’s reworking of Claude Monet scene sells for nearly $10M at auction (New York Post)
  2. A top-ranked JPMorgan strategist says this group of beaten-down stocks will soon make a big comeback (Business Insider)
  3. Preparing for a Vaccine With Call Options (Barron’s)
  4. The Stock Market Is Preparing for a Blue Wave. That Could Be Premature, Researcher Says. (Barron’s)
  5. 5 Things CEO Elon Musk Said on the Tesla Earnings Call (Barron’s)
  6. Google Antitrust Fight Thrusts Low-Key C.E.O. Into the Line of Fire (New York Times)
  7. The Fed’s $4 Trillion Lifeline Never Materialized. Here’s Why. (New York Times)
  8. U.S. Initial Jobless Claims Fall for Third Time in Four Weeks (Bloomberg)
  9. Pelosi, Mnuchin to Talk Stimulus Again (Bloomberg)
  10. OAN Built a Safe Space for People Who Think Fox News Is Too Liberal (Bloomberg)
  11. Deceased AstraZeneca Trial Volunteer Didn’t Receive Vaccine (Bloomberg)
  12. Supercar Maker De Tomaso Is Ditching Italy for Detroit (Bloomberg)
  13. Investors Rewire Stock Trades to Find Trillions in Hidden Assets (Bloomberg)
  14. Oilfield Services Look Beyond Oil (Wall Street Journal)
  15. With Concho, ConocoPhillips Is Playing Offense (Wall Street Journal)
  16. JPMorgan’s Kolanovic Has Another Warning For Those Expecting A Crushing Biden Victory (ZeroHedge)
  17. Northrop Grumman (NOC) Tops Q3 EPS by 25c, Offers FY Guidance (Street Insider)
  18. Boeing eyes big move to compete with Airbus, bounce back from 737 MAX (Fox Business)
  19. Democratic voter registration and potential implications (Fox News)
  20. More money flowing into hedge funds amid global unrest (New York Post)
  21. Issa Brothers Go From Not Much to $24 Billion (Bloomberg)
  22. China Has Copper Flying Like a FANG Stock (Bloomberg)
  23. PulteGroup Crushes Earnings Estimates Because the Housing Market Is Hot (Barron’s)
  24. Goldman Sachs forecasts a structural bull market emerging for commodities in 2021- here is the breakdown of their analysis (Business Insider)
  25. Why the time is right for these three unloved small cap stocks, says fourth-generation money manager (MarketWatch)
  26. Tudor Jones sees a stock pop to start 2021 on stimulus, then pressure later from Biden tax plan (CNBC)
  27. Investors opt for the ‘do nothing’ trade ahead of US election (Financial Times)
  28. The WTO Couldn’t Change China, so Robert Lighthizer Found Another Way (Wall Street Journal)
  29. U.S. Economy Seeing ‘Slight to Modest’ Growth This Fall, Fed’s Beige Book Says (Wall Street Journal)
  30. Leveraged Buyouts Come Roaring Back After Coronavirus-Related Lull (Wall Street Journal)

The Taylor Swift “You Need To Calm Down” Stock Market (and Sentiment Results)…

A little over a week ago my wife and I were at a local restaurant in CT (called Posa) with a few friends (I had the delicious Branzino).  While we were waiting for our appetizers (Bufala Mozzarella) I overheard a gentleman at the table next to us saying, “this market is crazy, it’s a bubble, it’s going to crash, it can’t keep going up.”  Continue reading “The Taylor Swift “You Need To Calm Down” Stock Market (and Sentiment Results)…”