Tag: Energy

Be in the know. 25 key reads for Thursday…

  1. ECB to Spend Extra 600 Bn Euro on Emergency Bond Buys (Barron’s)
  2. Deutsche Bank Upgrades Wells Fargo (WFC) to Buy; Risks Priced In (Street Insider)
  3. The Morgan Wallen “Chasin’ You” Stock Market (and Sentiment Results)… (Zero Hedge)
  4. Friday’s Job Report Could Support Recovery Hopes (Barron’s)
  5. Consumer Spending Trickles Back as U.S. Reopens (Barron’s)
  6. Podcast: The Paycheck Protection Program Is Starting to Run Out (Barron’s)
  7. History Can Show Us Why the Market Is Rising Now (Barron’s)
  8. Pinterest Accelerates Tech Projects as Pandemic Boosts User Engagement (Wall Street Journal)
  9. Fed Expands Municipal Bond Program, Opening Door to Some Smaller Cities (New York Times)
  10. Beijing to Give $1.7 Billion in Vouchers to Boost Shopping (Bloomberg)
  11. Global GDP Tracker’s 2.3% Drop in May Shows Worst Over (Bloomberg)
  12. Fauci (the Horse) Loses Race Badly in the Mud at Belmont Park (Bloomberg)
  13. European Central Bank takes its pandemic bond buying to 1.35 trillion euros to try and prop up economy (CNBC)
  14. Here are the 9 economic relief programs the Fed is using to combat coronavirus fallout (Business Insider)
  15. An oil CEO says crude prices could surge 90% to $70 by fall because US firms have ‘over-cut production’ (Business Insider)
  16. Saudi Arabia and Russia push for an extension to output cuts, OPEC+ meeting this week still possible (CNBC)
  17. American Airlines (AAL) Increases Domestic Flying for Summer Travel Season, Begins Reopening Admirals Clubs and Increases Flexibility (Street Insider)
  18. 10 US Oil Companies Still Likely to Thrive in 2030 (24/7 Wall Street)
  19. 1.88 million workers file for unemployment benefits (Yahoo! Finance)
  20. Nio stock surges after company posts record-high deliveries for May (MarketWatch)
  21. Homebuilders will benefit from Millennials leaving cities: Expert (Fox Business)
  22. U.S. banks attract bargain hunters (Reuters)
  23. Locked-Up Journalists. Espionage Investigations. Constitutional Challenges. The Government’s Release of Economic Data Was Arcane and Complex — Until Now. (Institutional Investor)
  24. Gilead Analyst: Coronavirus Drug, Arcus Collaboration Make Biopharma A Buy (Benzinga)
  25. Royal Caribbean to offer up to $2 billion in bonds and convertible bonds that mature in 2023 (MarketWatch)

The Morgan Wallen “Chasin’ You” Stock Market (and Sentiment Results)…

This week’s Stock Market theme song is Morgan Wallen’s “Chasin’ You.”  Managers who were dramatically underweight equities – and missed the rally – were reluctantly forced to succumb to Morgan’s lyrics this week. They scrambled to gain equity exposure and chased the stock market rally: Continue reading “The Morgan Wallen “Chasin’ You” Stock Market (and Sentiment Results)…”

Be in the know. 20 key reads for Tuesday…

  1. New coronavirus losing potency, top Italian doctor says (Reuters)
  2. Why Protests Rarely Rattle Markets (Barron’s)
  3. Coty shakes off Kylie Jenner problem, surges 20 percent after KKR buys stake (New York Post)
  4. American Exporters Sell Soy to China Despite Rising Tensions (Bloomberg)
  5. Pound Advances on Glimmer of Optimism Around Latest Brexit Talks (Bloomberg)
  6. Investment banks are torn on which way the market is heading. Citi warns stocks are ‘way ahead of reality,’ but JPMorgan says they can climb higher. (Business Insider)
  7. The pandemic leads to a running boom in America: Morning Brief (Yahoo! Finance)
  8. Oil prices rise ahead of OPEC+ meeting on output cuts (Reuters)
  9. EasyJet to restart flights to 75% of route network by August (BBC)
  10. Oil Prices Mixed As OPEC Tries To Get Ahead Of New Flash Point (Investor’s Business Daily)
  11. Citi Option Trader Bets Nearly $1M On Long-Term Upside (Benzinga)
  12. The Buy-Side Trader Is Getting Outsourced in Coronavirus Crisis (Bloomberg)
  13. One in Four U.S. Covid-19 Deaths Are in Nursing Homes, Data Shows (Wall Street Journal)
  14. The Lancet’s Politicized Science on Antimalarial Drugs (Wall Street Journal)
  15. Buy Lilly, AbbVie and Merck, J.P. Morgan Says (Barron’s)
  16. Las Vegas Casinos Reopen This Week. The Stocks May Reap Different Fortunes. (Barron’s)
  17. Norwegian Cruise Stock Has Tumbled. The Company Has a New Top Investor. (Barron’s)
  18. Here Are Six Dividend Stocks With Solid Payout Prospects—and a Built-In Exit Strategy (Barron’s)
  19. Morgan Stanley Thinks a V-Shaped Recovery Is Possible (Barron’s)
  20. Who Can Get a Loan Through the Paycheck Protection Program? (Barron’s)