Monday Morning Reads
Reads:
- Grim stock signals piling up as Wall Street mulls recession odds.
- Not one of the major asset classes tracked by Morgan Stanley has beaten U.S. CPI in 2018.
- Goldman predicts commodities will soar in 2019.
- Boom or bust? Brexit makes London’s property outlook hard to read.
- A struggle to survive is about to get much harder.
- World’s first genetically edited babies claimed in China.
- Climate correction: when scientists get it wrong.
- General Motors (GM) plans to close Canada plant. WSJ Report
- Saudi Aramco plans to make $500 mln in energy investments (USO, XLE). Bloomberg Report
- Russia planning more fines for technology firms (RSX, XLK). Reuters Report
- China's auto market might contract for the first time in 30 years (GM, F, FCAU, TSLA, KNDI). Reuters Report
- Apple (AAPL) will face Supreme Court regarding App Store antitrust case. NY Post Report
- Elon Musk says that Tesla (TSLA) was weeks away from 'death'. Axios Report
- Congress will resume negotiations between two versions of farm bill this week (DBA, ADM, CAG). NY Times Report
News:
- Peso on watch as Trump threatens to close border
- Stocks set for big open as globe rallies
- Bitcoin bounces 7% after falling below $3,500
- Major announcement on GM's global operations
- Elon Musk: How Tesla nearly died
- Apple in Supreme Court over App Store
- U.K. seizes Facebook internal papers
- AstraZeneca's Fasenra an Orphan Drug in U.S. for rare type of blood vessel inflammation
- CEOs fly to Saudi Arabia for supplier conference
- JinkoSolar Holding EPS of $0.76
- Report: GM set to close plant near Toronto, affecting 'thousands' of jobs
- Edge Therapeutics enters into merger agreement with PDS Biotechnology
Futures:
Some of the Top Open Interest Changes for Today:
Premium:
Charts:
From The Weekend:
- Positive views on BBY, WMT, TGT, XRT. Barron's Report
- Positive views on SSP, PZZA. Barron's Report
- Positive view on Materion (MTRN). Barron's Report
- Positive view on FB profiled while cautious on AAPL, NFLX, AMZN. Barron's Report
- Positive views on BAC, WFC, AXP, USB, PNC, BK, JPM, GS. Barron's Report
- NBC investigation found Integra LifeSciences (IART) medical devices sold oversees have issues. NBC News Report
- Key Senators will get briefing on Khashoggi murder as they consider sanctions (USO, XLE). The Hill Report
- Adobe data shows online spending grew 23.6% on Black Friday, a new record (XRT, EBAY, AMZN). CNBC Report
- Former Nissan (NSANY) exec Charles Ghosn has denied accusations against him. NHK Report
- Domino's Pizza (DPZ) shareholders want Board shakeup. Sunday Times UK Report
- Private equity interested in Nestle (NSRGY) skin care unit. Sunday Times UK Report
- Ohio will start accepting Bitcoin for tax bills (BTC, NVDA). WSJ Report
- Foxconn (FXCNY) Chairman sees strong business through January (AAPL). Bloomberg Report
- Google (GOOG) and Facebook (FB) advertising platforms had glitches on Black Friday weekend. WSJ Report
- Physical store retail traffic fell 5-9% YoY for Thanksgiving and Black Friday, according to data from RetailNet (XRT). WSJ Report
- Campbell Soup (CPB) and Third Point near agreement to settle ongoing proxy fight. WSJ Report
- UK could publish confidential Facebook (FB) related documents seized by the UK parliament this week. FT Report
- Goldman Sachs (GS) strengthened oversight of risk following 1MDB deal. FT Report
- Tencent Music (TCEHY) plans to conduct IPO in December. FT Report
- Venmo (PYPL) had issues with payment fraud earlier this year. WSJ Report
- President Trump wants Iraq to repay U.S. for wars with oil (USO, XLE, COMDX). Axios Report