The Morgan Wallen, “Whiskey Glasses” Stock Market (and Sentiment Results)…

Each week I attempt to pair the lyrics from a popular song to the current feeling and sentiment in the stock market.  When you look at the data that has come out on the U.S. economy in recent days, one might suggest you need more than “Beer Goggles” to see the green shoots, you need “Whiskey Glasses!”  Continue reading “The Morgan Wallen, “Whiskey Glasses” Stock Market (and Sentiment Results)…”

Be in the know. 20 key reads for Sunday…

  1. NY will immediately start conducting trials of an experimental COVID-19 treatment with hydroxychloroquine and Zithromax. (New York Times)
  2. Danaher’s Cepheid Receives FDA Emergency Use Authorization For 45-Minute Coronavirus Test (Benzinga)
  3. France makes ‘massive’ discovery that old medicines work against coronavirus (Fox Business)
  4. Will the weather help us fight the virus? (The Reformed Broker)
  5. Bullard said the “core aim” can be kept simple: “keep everyone, households and businesses whole through the second quarter.” (Yahoo! Finance)
  6. Humanity Rallies to Battle Coronavirus (Almanac Trader)
  7. What The 2020 Coronavirus Stimulus Checks Might Look Like (Forbes)
  8. Meet The Italian Engineers 3D-Printing Respirator Parts For Free To Help Keep Coronavirus Patients Alive (Forbes)
  9. Most second quarter GDP forecasts now range from horrible (-8%) to catastrophic (-15%) (Fortune)
  10. ECRI Weekly Leading Index Update (Advisor Perspectives)
  11. Google Now Offering Virtual Tours of Over 1,200 Iconic Museums (Maxim)
  12. Episode 982: How To Save The Economy Now (NPR)
  13. The Doctor Who Helped Defeat Smallpox Explains What’s Coming (Wired)
  14. Gen X Was Born for This (Medium)
  15. What If You Buy Stocks Too Early During a Market Crash? (A Wealth of Common Sense)
  16. Why I’m Building My Own Airplane (Popular Mechanics)
  17. Coronavirus Cases Top 316,000 As U.S. Covid-19 Cases Surge Near 27,000; Stimulus May Hit $2 Trillion Amid Coronavirus Market Crash (Investors)
  18. Dell Stock Is Slumping, but CEO Michael Dell Scooped Up Shares (Barron’s)
  19. The Worst of the Global Selloff Isn’t Here Yet, Banks and Investors Warn (Wall Street Journal)
  20. Coronavirus crisis: Feds should use banks to help small biz, homeowners (New York Post)

Be in the know. 20 key reads for Saturday…

  1. Evidence over hysteria — COVID-19 (Medium)
  2. OPEC, U.S. Shale Producers Open Talks Amid Oil Rout (Wall Street Journal)
  3. Washington Needs to Act (Barron’s)
  4. Fed Going All In to Save Economy. Here’s What Could Come Next (Bloomberg)
  5. Coronavirus-Triggered Downturn Could Cost 5 Million U.S. Jobs (Wall Street Journal)
  6. Coronavirus Recession Looms, Its Course ‘Unrecognizable’ (New York Times)
  7. Doug Ramsey’s Best Case for Stocks and Other Views of the Future (Bloomberg)
  8. Google Coronavirus Website Launches (Bloomberg)
  9. Bond-Market Strains Keep Traders on Edge (Wall Street Journal)
  10. Country Music Legend Kenny Rogers Dies at 81 (Bloomberg)
  11. Big Banks Are Getting a Real-Life Stress Test (Barron’s)
  12. Read Our Free Coronavirus Coverage Here (Bloomberg)
  13. Bank stocks are ‘very cheap,’ traders say — here’s where they see signs of stabilization (CNBC)
  14. The Coronavirus’s $4 Trillion Hit to US Corporations (Bridgewater – Greg Jensen)
  15. What the Fed Could Do Next to Try to Prevent an Economic Unraveling (New York Times)
  16. Germany to raise €356bn in new borrowing to fight coronavirus (Financial Times)
  17. Wall Street takes late tumble as US shutdown widens (Financial Times)
  18. Warren Buffett discussed coronavirus, Coca-Cola, and past market crashes in a recent interview. Here are his 12 best quotes. (Business Insider)
  19. Rethinking the Coronavirus Shutdown (Wall Street Journal)
  20. Wells Fargo asks Fed to lift cap on growth to support customers: FT (Reuters)

Be in the know. 10 key reads for Saturday…

  1. 11 Stocks and ETFs for a Post-Virus World (Barron’s)
  2. Volatility (ValueWalk)
  3. 12 Dividend Stocks to Buy Amid Turmoil in the Markets (Barron’s)
  4. Oil Plunges 8% as OPEC Can’t Find Agreement (Barron’s)
  5. How to Find a Bottom in Industrial Stocks Using Dividend Yields (Barron’s)
  6. Jack Welch Remembered by Businessweek’s Former Executive Editor (Bloomberg)
  7. These nine companies are working on coronavirus treatments or vaccines — here’s where things stand (MarketWatch)
  8. Using Models to Stay Calm in Charged Situations (Farnam Street)
  9. What Happens to Stocks After a Big Down Month? (A Wealth of Common Sense)
  10. Should I Sell My Stocks? (The Irrelevant Investor)

 

Be in the know. 25 key reads for Sunday…

  1. Singapore Emerges as Litmus Test for Coronavirus Containment by Philip Heijmans (Bloomberg)
  2. What will ‘Super Tuesday’ mean for US investors? (Financial Times)
  3. Here’s A List Of Who Was Puking Stocks This Week (ZeroHedge)
  4. Jim Rogers Says Investors Should Buy Now! (The Street)
  5. Typical March Trading: Slow Start, Mid-Month Surge & Uninspiring Finish (Almanac Trader)
  6. No, You DO NOT Need Face Masks For Coronavirus—They Might Increase Your Infection Risk (Forbes)
  7. Daily Oversold Readings Could Support Rebound (John Murphy)
  8. Stock market coronavirus drop was painful, but buying opportunities may arise (New York Post)
  9. ‘SNL’ Cold Open (Daily Beast)
  10. 2020 Corvette Stingray: First Drive Review (Maxim)
  11. Danielle DiMartino Booth on the Federal Reserve (Podcast) (Bloomberg)
  12. Options markets point to a potential bounce for U.S. stocks (Reuters)
  13. Apple glasses could solve one of VR’s biggest issues, patent suggests (techradar)
  14. Fox Business Skips Commercial Breaks to Cover Coronavirus (But Still Has a Sponsor) (Variety)
  15. Phil Knight on the Surprising Origin Story of Nike’s Name and Swoosh (Medium)
  16. The Rise And Fall (And Rise?) Of NASCAR (NPR Planet Money)
  17. What Biden’s Big South Carolina Win Might Mean For Sanders (FiveThirtyEight)
  18. Inside The Crazy Story of Iraq’s Debt (Podcast) (Bloomberg)
  19. Powell: Fed poised to act if needed on ‘evolving’ virus risk (Pensions & Investments)
  20. A Morgan Stanley Manager Who Sold Before Rout Says He’s Buying (Bloomberg)
  21. WHO chief on coronavirus: Global markets ‘should calm down and try to see the reality’ (CNBC)
  22. OPEC may fight coronavirus price slide with deeper oil supply cuts (Fox Business)
  23. Thomas Lee, founder of Fundstrat Global Advisors is forecasting a “V”-shaped, or sharp, recovery for the market (MarketWatch)
  24. The Mystery of What Drives Bob Iger (Wall Street Journal)
  25. Jim Cramer: I Don’t Know Where It Will Bottom, I Do Know What to Buy and Sell (TheStreet)