The Drake “Toosie Slide” Stock Market (and Sentiment Results)…

This week’s stock market theme song is Drake’s “Toosie Slide.” We chose this song to capture sentiment as the market has been consolidating its gains in “Drake style” for the past 51 days: Continue reading “The Drake “Toosie Slide” Stock Market (and Sentiment Results)…”

Be in the know. 12 key reads for Wednesday…

  1. Mortgage demand from homebuyers amazes again, now up 13% annually despite rising rates (CNBC)
  2. The Rally in Cyclical Stocks Is Just Getting Started. Citi, Chevron, and 38 Other Stocks to Play the Rebound. (Barron’s)
  3. AMC to reopen theaters globally in July (CNBC)
  4. Six things to watch at the Federal Reserve meeting (Financial Times)
  5. Why Occidental Stock May Have More Upside (Barron’s)
  6. Hong Kong’s dollar peg faces new scrutiny as security law looms (Financial Times)
  7. Value and growth investments gap at 25-year high (Financial Times)
  8. BofA Securities Upgrades Occidental Petroleum (OXY) to Buy; ‘Moving up the risk curve’ (Street Insider)
  9. Gundlach Warns Rising Rates May Lead Fed to Yield-Curve Control (Yahoo! Finance)
  10. 3 Ways to Play the Most Hated Stock Market Rally in History (Barron’s)
  11. Coronavirus Obliterated Best African-American Job Market on Record (Wall Street Journal)
  12. Hassett Sees Another Stimulus Bill From Congress Before August Recess (Wall Street Journal)

Be in the know. 20 key reads for Saturday…

  1. OPEC+ Agrees to Extend Output Cuts as Quota Cheats Offer Penance (Bloomberg)
  2. Selloff reminiscent of an older bear market: Oakmark’s Nygren (CNBC)
  3. A Booming Stock Market Could Come Back to Bite the Recovery (Bloomberg)
  4. Can Big Business Fix Racial Injustice? It Has to Try. (Barron’s)
  5. 3 Stocks That Could Benefit When Dining Out Returns (Barron’s)
  6. Here are the 10 most under and overbought S&P 500 stocks, according to Goldman (MarketWatch)
  7. How the U.S. dollar’s ‘almost silent slide’ is juicing the stock-market rally (MarketWatch)
  8. These stocks rose by double digits Friday as underperforming sectors bounced back (MarketWatch)
  9. American Airlines stock adds to its tally of records with a weekly gain of over 75% (MarketWatch)
  10. Minneapolis-based U.S. Bancorp to spend over $115 million to address ‘economic and racial inequities’ (MarketWatch)
  11. Antibody Drugs Could Help Curb the Pandemic. What Investors Need to Know. (Barron’s)
  12. Occidental Stock Rockets 30% Higher (Barron’s)
  13. Amid U.S.-China Tensions, Active Managers Are Buying (Barron’s)
  14. U.S. Unemployment Rate Fell to 13.3% in May (Wall Street Journal)
  15. Home Prices Are Rising, Along With Post-Lockdown Demand (New York Times)
  16. Bears Thwarted Again by Stock Market That Believes in Recovery (Bloomberg)
  17. These 25 Photos Show Why Things Were Designed The Way They Were (Fetch Sport)
  18. Meet the estate agents turning themselves into superstars (Financial Times)
  19. The Art of Being Alone (Farnam Street)
  20. Jamie Dimon: Fed is bringing out the bazooka (YouTube)