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)

Be in the know. 30 key reads for Saturday…

  1. Energy Stocks Are Down Almost 50% This Year. Time to Buy. (Barron’s)
  2. 33 Undervalued Stocks for the Fourth Quarter (Morningstar)
  3. Industrial Stocks Are Getting Ready for 10 Years of Outperformance. Here’s How to Play It. (Barron’s)
  4. Opinion: Get ready for a good earnings season for big U.S. banks (MarketWatch)
  5. Fed’s Bullard Says Enough Resources With Expected Labor Rebound (Bloomberg)
  6. Natural Gas Could Rise Fast, and One Producer is Poised to Gain (Barron’s)
  7. Bankruptcies Show a Surprising Decline (Bloomberg)
  8. Earnings Season Is About to Start. It Could Be Better Than You Think (Barron’s)
  9. Never Mind the Narratives: ‘This Market Wants to Go Higher’ (Never Mind the Narratives: ‘This Market Wants to Go Higher’ (Bloomberg)
  10. The Bull Case for Bank of America (Barron’s)
  11. Eaton Vance Deal Presages More Money-Manager M&A (Barron’s)
  12. Those Earnings Calls Better Be Upbeat (Bloomberg)
  13. Berkshire Hathaway’s R. Ted Weschler Bought Up Dillard’s Stock (Barron’s)
  14. Dow notches best week since August even as stimulus progress stalls (MarketWatch)
  15. Why an Activist Took Aim at Disney’s Dividend (Barron’s)
  16. The American Dream: Bringing Factories Back to the U.S. (Barron’s)
  17. The Trump administration makes a $1.8 trillion stimulus offer to Democrats, which includes $400 federal unemployment benefits and $1,200 direct payments (Business Insider)
  18. Deciphering what Nelson Peltz is up to in the investment management space (CNBC)
  19. Facebook, Amazon, Google and Apple refute House Judiciary report suggesting Big Tech restraints (USA Today)
  20. Waymo Ditches Human Safety Drivers in Its Self-Driving Taxis (Futurism)
  21. Adam Grant — How to Remember Anything (#471) (Tim Ferriss)
  22. Anti-monopoly vs. Antitrust (stratechery)
  23. How Comfortable Are You Holding Stocks For 30 Years? (awealthofcommonsense)
  24. Dividend Growth Investing Principles (dividendgrowthinvestor)
  25. Why Life Can’t Be Simpler (Farnam Street)
  26. From the Bronx to Billions: What 50+ Years in the Markets will Teach You with Leon Cooperman (Prime Quadrant)
  27. Navigating Big Debt Crises by Ray Dalio (Ray Dalio)
  28. Activist Investor Dan Loeb on Why Disney Needs to Double Its Streaming Spending (EXCLUSIVE) (Variety)
  29. China: The Dragon in Winter (First Eagle)
  30. Warren Buffett bought Microsoft stock after meeting Bill Gates and made a $37 billion acquisition thanks to a chance encounter. Here are his 10 best quotes from an interview in a new book. (Business Insider)