Be in the know. 12 key reads for Monday…

  1. Warren Buffett may have bought back more than $5 billion in Berkshire Hathaway stock in recent weeks (Business Insider)
  2. Barron’s Daily: Merger Monday Is Back (Barron’s)
  3. Stocks are resilient because investors have been braced for much worse COVID-19 news, says strategist (MarketWatch)
  4. Pfizer, BioNTech stocks surge after COVID-19 vaccine candidates get Fast Track designation (MarketWatch)
  5. Income rates: How much you need to make to be in the top 1% in every state (USA Today)
  6. Blank-Check Boom Gets Boost From Coronavirus (Wall Street Journal)
  7. Wall Street’s Earnings Forecast: Cloudy With a Chance of Turbulence (Wall Street Journal)
  8. Are Banks Afraid of Covid-19? Watch How Much They Set Aside for Loan Losses This Week (Wall Street Journal)
  9. Bank Earnings: Main Street Blues vs. Wall Street Boom (Wall Street Journal)
  10. Fed’s Support for Corporate Debt Has Been a Wall Street Bonanza (Bloomberg)
  11. These ignored stocks may be poised to rebound (Yahoo! Finance)
  12. Alibaba’s Jack Ma sells $9.6B worth of shares, stake dips to 4.8% (Fox Business)

The AC/DC “Back in Black” Stock Market (and Sentiment Results)…

This week we chose AC/DC’s “Back in Black” as our theme song for the Stock Market.  Of the major indices, so far the Nasdaq is the first one to make it out of the Red and Back in Black: Continue reading “The AC/DC “Back in Black” Stock Market (and Sentiment Results)…”