Be in the know. 20 key reads for Thursday…

  1. How A Retail Maverick Turned Boot Barn Stores Into Pure Gold (IBD)
  2. Just Eat Takeaway (GRUB) Gains as Seth Klarman Hedge Fund Buys a $645 Million Stake, Shareholders Says Stock ‘Deeply Undervalued’ (StreetInsider)
  3. App Store Competition Targeted by Bipartisan Senate Bill (Wall Street Journal)
  4. How Millennial Investors Lost Millions on Bill Ackman’s SPAC (institutionalinvestor)
  5. Manchin warns of ‘grave consequences’ if Democrats pass $3.5 trillion package (MarketWatch)
  6. Feeling the Inflation Heat. The Energy Report 08/12/2021 (Phil Flynn)
  7. Crypto wars: Biden administration at war with itself over regulation (Fox Business)
  8. Bumble, Match Have Love Left to Give (Wall Street Journal)
  9. Banks Are a Good Bet if Interest Rates Spike (Barron’s)
  10. Merck Spinoff Organon Is Supercheap and It Just Set a 3.7% Dividend Yield (Barron’s)
  11. China unveils five-year plan to strengthen control of economy (Financial Times)
  12. Baidu Earnings Beat Expectations. Why Its Stock Is Dropping. (Barron’s)
  13. Fannie Mae Aims to Make Home Loans More Accessible (Wall Street Journal)
  14. One Number to Gauge Where the Economy Is Headed (New York Times)
  15. Liquidity Is Evaporating Even Before Fed Taper Hits Markets (Bloomberg)
  16. S. Initial Unemployment Claims Drop for Third Week in a Row (Bloomberg)
  17. Palantir revenue jumps 49% in second quarter (CNBC)
  18. Labor shortage gives retail and restaurant workers the upper hand—for now (CNBC)
  19. Billionaire ‘Bond King’ Jeff Gundlach warns inflation is worryingly high — and official readings are understating the problem (Business Insider)
  20. How Do Baidu’s Q2 Numbers Stack Up Against Google? (Benzinga)

The Yogi Berra “Deja Vu” Stock Market (and Sentiment Results)…

This week we chose Yogi Berra’s famous quote, “It feels like deja vu all over again” to describe one aspect of the current market climate.  This is in contrast to what many talking heads are saying about China in recent days (also a famous Yogi quote), “the future ain’t what it used to be!” Continue reading “The Yogi Berra “Deja Vu” Stock Market (and Sentiment Results)…”

Be in the know. 20 key reads for Wednesday…

  1. Splunk upgraded to Buy from Neutral at UBS (TheFly)
  2. Boeing Max Takes to China’s Skies in Test to End Flight Ban (Bloomberg)
  3. This Turning Point for Markets Merits a Hard Look (Bloomberg)
  4. 9 Industrial Stocks With 30% Upside (Barron’s)
  5. George Foreman Grills, Kwikset Locks—Spectrum Brands’ Sales Are Growing. And the Stock Is Inexpensive. (Barron’s)
  6. These 7 Warren Buffett quotes can help you stay sane in today’s manic market (Yahoo! Finance)
  7. SoftBank CEO to Take Stake in Vision Fund 2 (Barron’s)
  8. Ridgefield, Conn.: Arts, Culture and Open Space (New York Times)
  9. China’s Credit Expands at Slowest Pace Since February 2020 (Bloomberg)
  10. SEC’s Gensler Seeks Warren Help in Crypto Exchange Crackdown (Bloomberg)
  11. Consumer Prices in U.S. Increase at a More Moderate Pace (Bloomberg)
  12. Chinese giant NetEase targets major overseas growth with new battle royale game (CNBC)
  13. Billionaire investor Dan Loeb trumpeted his bets on Buffett-backed RH, crypto, and private companies in his Q2 letter (Business Insider)
  14. Warren Buffett’s pandemic-hit businesses came roaring back last quarter. Here are his 7 big winners. (Business Insider)
  15. Democrats push through $3.5 trillion budget resoluton to assist families and fight climate change (MarketWatch)
  16. ‘From unreasonable to ridiculous’: Here’s why Moderna is set to fall 76%, according to Bank of America (Business Insider)
  17. S. mortgage applications rise as rates remain below 3% -MBA (Reuters)
  18. Manchin concerned about “grave consequences” of U.S. Senate’s $3.5 trln spending plan (Reuters)
  19. Cathie Wood Keeps ‘Open Mind’ on China Shares After Dumping Them (Yahoo! Finance)
  20. China’s Strict Covid-19 Strategy Risks Slowing Economic Recovery as Delta Variant Hits (Wall Street Journal)