Morning Reads on Our Radar Screen

Takeaway: A quick look at top stories on Hedgeye's radar screen.

Keith McCullough – CEO

CNBC Quarterly Ratings Fall To Lowest Level Since 1994 (via ValueWalk)

Reds' Homer Bailey throws his 2nd no-hitter in last 10 months (via ESPN)                

Egyptian army in crisis talks as Morsi deadline looms (via BBC)

Portugal’s Coalition Splinters on Austerity Fatigue (KM note: Marxists don't like the discipline … via Bloomberg)

Drone Attack Kills 17 in Pakistan’s Waziristan Region (via New York Times)

 

Morning Reads on Our Radar Screen - radar

 

Kevin Kaiser – Energy

“Mad Money” host Jim Cramer on LINN Energy Debacle  (1:05 mark via CNBC)

 

Tom Tobin – Healthcare

Obamacare’s employer mandate shouldn’t be delayed. It should be repealed. (via Washington Post)

 

Josh Steiner – Financials

For online lenders, Wall Street cash brings growth and risk (via Reuters)

 

Jonathan Casteleyn – Financials

Which way for bonds? Mapping a path forward (via PIMCO)

 

Brian McGough - Retail

Restoration Hardware Appoints Gary Friedman Chairman of the Board and Co-CEO (via Herald Online)

 

Matt Hedrick – Macro

Riksbank Keeps Rate at 1% as Krona Slump Helps Price Target (via Bloomberg)



Cartoon of the Day: Hard-Headed Bears

How's this for "hard data"? So far, 107 of 497 S&P 500 companies have reported aggregate sales and earnings growth of 4.4% and 13.2% respectively.

read more

Premium insight

McCullough [Uncensored]: When People Say ‘Everyone is Bullish, That’s Bulls@#t’

“You wonder why the performance of the hedge fund indices is so horrendous,” says Hedgeye CEO Keith McCullough, “they’re all doing the same thing, after the market moves. You shouldn’t be paid for that.”

read more

SECTOR SPOTLIGHT Replay | Healthcare Analyst Tom Tobin Today at 2:30PM ET

Tune in to this edition of Sector Spotlight with Healthcare analyst Tom Tobin and Healthcare Policy analyst Emily Evans.

read more

Ouchy!! Wall Street Consensus Hit By Epic Short Squeeze

In the latest example of what not to do with your portfolio, we have Wall Street consensus positioning...

read more

Cartoon of the Day: Bulls Leading the People

Investors rejoiced as centrist Emmanuel Macron edged out far-right Marine Le Pen in France's election day voting. European equities were up as much as 4.7% on the news.

read more

McCullough: ‘This Crazy Stat Drives Stock Market Bears Nuts’

If you’re short the stock market today, and your boss asks why is the Nasdaq at an all-time high, here’s the only honest answer: So far, Nasdaq company earnings are up 46% year-over-year.

read more

Who's Right? The Stock Market or the Bond Market?

"As I see it, bonds look like they have further to fall, while stocks look tenuous at these levels," writes Peter Atwater, founder of Financial Insyghts.

read more

Poll of the Day: If You Could Have Lunch with One Fed Chair...

What do you think? Cast your vote. Let us know.

read more

Are Millennials Actually Lazy, Narcissists? An Interview with Neil Howe (Part 2)

An interview with Neil Howe on why Boomers and Xers get it all wrong.

read more

6 Charts: The French Election, Nasdaq All-Time Highs & An Earnings Scorecard

We've been telling investors for some time that global growth is picking up, get long stocks.

read more

Another French Revolution?

"Don't be complacent," writes Hedgeye Managing Director Neil Howe. "Tectonic shifts are underway in France. Is there the prospect of the new Sixth Republic? C'est vraiment possible."

read more