Tuesday Morning Reads: tech stocks are cheapest in 7 years

 

Some things I’m reading this morning:

• A tremendous opportunity for deep value stocks (AllianceBernstein)
• Apple attempting to break its 50-day moving average: 5th time the charm? (Bespoke)
• Global outlook presentation from Jim O’Neill (BusinessInsider)
• Tech stocks are cheapest in seven years (Bloomberg)
• The warnings behind the GDP numbers (NYT)
• Sell in May? (HumbleStudent)
• With words “I’m gay”, an NBA center breaks a last barrier (NYT); See also, Dolphins wide receiver Mike Wallace comes out as a stupid asshole (Onion)

Monday Morning Reads: sector rotation may be underway

 

Some things I’m reading this morning:

• Sector rotatation may be underway (HoranCapital)
• This is what a market top looks like (MSNmoney)
• The great rotation may just be a grand illusion (NetNet)
• Global trend indicators: overbought/oversold markets (TBP)
• Oversimplifying the ignoramus strategy (PragCap)
• Bundesbank declares ‘war’ on Mario Draghi bond bail-out at Germany’s top court (Telegraph)
• Don’t write off the gold bull just yet (Alhambra)
• Ankiel, a rare player reinvented (NBCsports)

Friday Morning Reads: GDP grows at 2.5% in first quarter

 

Some things I’m reading this morning:

• GDP report shows economy growing at 2.5% in first quarter (Marketwatch)
• Bullish sentiment is currently lower than it has been in more than 85% of all prior weeks during this bull market (Bespoke)
• Meet Apple, the new Microsoft (Quartz)
• Reasons why Value outperforms Growth (AboveTheMarket)
• Placing the current rally in perspective (TheFatPitch)
• It’s almost May, so go away (SeekingAlpha)
• Art Cashin: the end of austerity? (TBP)
• For Bush, a day to bask in the Texas sun (NYT)
• Has catastrophe become a kind of emotional catnip for us? (Alternet)
• Warning–keep the volume down if you’re at work:  Michael Shannon reads the insane Delta Gamma sorority letter (FunnyOrDie)

Thursday Morning Reads: central banks load up on equities

Some things I’m reading this morning:

• Galaxy S 4 isn’t a game changer (WSJ)
• Central banks load up on equities as low rates kill yields (Bloomberg)
• 529s win more college savings despite performance shortfall (Morningstar)
• Chanos: China bubble growing bigger (CNBC)
• Possible Fed successor has admirers and foes (NYT)
• Sell in May and go away? Not if your Goldman Sachs (Marketwatch)
• The argument is over and Paul Krugman has won (YahooFinance)
• Obama wants to make sure you don’t retire rich (Bloomberg)
• Area man now checks inside boat in driveway every morning (Onion)
• That news anchor guy who lost his job after a few choice curse words was on Letterman last night (uproxx)

Wednesday Morning Reads: apple profit falls

 

Some things I’m reading this morning:

• Apple profits fall for first time in decade (Telegraph); see also, Apple is tanking (BusinessInsider)
• Japan’s stock market ripping to new highs (BusinessInsider)
• 12 signs the economy is weaker than we think (PragCap)
• Earnings surprise rate jumps, but revenue disappoints (AlphaNow)
• Europe’s bog deepens (MacroBusiness)
• Why does Chicago care about New York Times’ dope-slap? (CrainsChicago)
• Running or walking: which one is better for you? (Slate)

Tuesday Morning Reads: China flash pmi misses

Some things I’m reading this morning:

• BRIC countries are struggling thus far in 2013 (Bespoke); see also, emerging problems (TheEconomist)
• China flash PMI misses, falls to 50.5 (BusinessInsider)
• Add GE and CAT’s reports to the list of signs pointing to a slowing industrial economy across the world (RiskReversal)
• 10 stock picks for a correction (MSNmoney)
• The recovery in housing is behind us (YahooFinance)
• Ben Bernanke won’t be in Jackson Hole this year (NYpost)
• Funny (NewYorker)

Monday Morning Reads: time to get defensive

 

 

Some things I’m reading this morning:

• According to one Federal Reserve Governor, the Fed is incapable of lowering the unemployment rate without creating more bubbles (Bloomberg)
• Show these charts to anyone who thinks debt, spending & taxes are at all time highs (BusinessInsider)
• Latest market developments reason to get defensive (DynamicHedge)
• John Hussman: when the cover of a major financial magazine features a cartoon of a bull leaping through the air on a pogo stick, it’s probably about time to cash in the chips (HussmanFunds)
• Commodities have fallen sharply this month (NYT)
• Weekly economic indicators return to lukewarm positive (BonddadBlog)
• Earnings results are flashing warning for stocks (CNBC)
• Chicago Manuals: so Chicago is not Detroit, not yet (NYT)

The Boston Globe: Nightmare’s End

A few posts about the Boston bombings:

• Front page of the globe: nightmare’s end (BostonGlobe)
• David Remnick: The Brothers Tsarnaev (NewYorker)
• Brothers in marathon bombing took two paths into infamy (BostonGlobe)
• Boston Strong.  This past week has shown me that this slogan is understated.  It’s probably why President Obama’s “they picked the wrong city to do it, not here in Boston” remarks were so powerful.  Bostonians are some tough SOBs.  In what other city would it be acceptable for a campy Neil Diamond tune to become a sing-along tradition at a baseball game? (YouTube)

Friday Morning Reads: market breadth drops

 

Some things I’m reading this morning:

• Market breadth drops (Bespoke)
• Apple shares slump below $400, but this isn’t Microsoft (YahooFinance); see also, Apple: pricing, profit consistency and the halo effect (DaringFireball)
• The excel depression (NYT)
• Good investing demands humility (AboveTheMarket)
• Bond spreads trigger risk off signal (TRB)
• Some details on the surviving marathos suspect (BusinessInsider)
• Album of the week: Charli XCX True Romance (Stereogum)

Thursday Morning Reads: boston bruins national anthem

 

Some things I’m reading this morning:

• The bull market’s last stand? (Barrons)
• Some of these commodities charts are unbelievable (Bespoke)
• The era of money printing is young yet. Gold will have its day again (Telegraph)
• The ‘New Normal’ has been a terrible investment strategy (iheartwallstreet)
• Morgan Stanley shares fall after earnings report (BusinessInsider)
• 4 reasons for oil’s recent volatility (PragCap)
• Colbert on the Boston bombing (ColbertReport)
• National Anthem at last night’s Boston Bruins game (YouTube)