Morning Reads on Our Radar Screen

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

Keith McCullough – CEO

Doug Kass: I’m still a bear and Twitter is useless (via MarketWatch)

 

Morning Reads on Our Radar Screen - bullbear

 

Daryl Jones – Macro

LINN Energy Announces Second Quarter 2013 Results (via GlobeNewswire)

Tech Magnates Bet on Booker and His Future (via New York Times)

Carney BOE Rates Guidance Meets Investor Skepticism (via Bloomberg)

 

Darius Dale – Macro

Why China and Japan should have you worried (via Fortune)

 

Josh Steiner – Financials

Arizona’s mortgage delinquencies plummet (via azcentral.com)

Traders Look for New Jobs as Charges Loom Over SAC (via Bloomberg)

Wells Fargo Mortgage lays off 126 in St. Louis (via St. Louis Biz Talk)

 

Jonathan Casteleyn – Financials

Jumbo Shrimp. Random Order. Active ETFs. (via Bloomberg … JC note: The next class of ETFs...active ETFs now being added to fundamental, sampling, and replicate ETFs)

 

Kevin Kaiser - Energy

LINN Energy Announces Second Quarter 2013 Results (via GlobeNewswire)

 

Howard Penney – Restaurants

VIDEO: McDonald’s vs. Franchise Owners? (via Fox Business … HP note: Looks like the $MCD CEO needs to works harder on franchisee relationships)

 

Tom Tobin – Healthcare

Many Docs Don't Follow HPV/Pap Test Guidelines (via Medline Plus)


7 Tweets Summing Up What You Need to Know About Today's GDP Report

"There's a tremendous opportunity to educate people in our profession on how GDP is stated and projected," Hedgeye CEO Keith McCullough wrote today. Here's everything you need to know about today's GDP report.

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Cartoon of the Day: Crash Test Bear

In the past six months, U.S. stock indices are up between +12% and +18%.

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GOLD: A Deep Dive on What’s Next with a Top Commodities Strategist

“If you saved in gold over the past 20 to 25 years rather than any currency anywhere in the world, gold has outperformed all these currencies,” says Stefan Wieler, Vice President of Goldmoney in this edition of Real Conversations.

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Exact Sciences Up +24% This Week... What's Next? | $EXAS

We remain long Exact Sciences in the Hedgeye Healthcare Position Monitor.

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Inside the Atlanta Fed's Flawed GDP Tracker

"The Atlanta Fed’s GDPNowcast model, while useful at amalgamating investor consensus on one singular GDP estimate for any given quarter, is certainly not the end-all-be-all of forecasting U.S. GDP," writes Hedgeye Senior Macro analyst Darius Dale.

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Cartoon of the Day: Acrophobia

"Most people who are making a ton of money right now are focused on growth companies seeing accelerations," Hedgeye CEO Keith McCullough wrote in today's Early Look. "That’s what happens in Quad 1."

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People's Bank of China Spins China’s Bad-Loan Data

PBoC Deputy Governor Yi says China's non-performing loan problem has “pretty much stabilized." "Yi is spinning. China’s bad-debt problem remains serious," write Benn Steil and Emma Smith, Council on Foreign Relations.

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UnderArmour: 'I Am Much More Bearish Than I Was 3 Hours Ago'

“The consumer has a short memory.” Yes, Plank actually said this," writes Hedgeye Retail analyst Brian McGough. "Last time I heard such arrogance was Ron Johnson."

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Buffalo Wild Wings: Complacency & Lack of Leadership (by Howard Penney)

"Buffalo Wild Wings has been plagued by complacency and a continued lack of adequate leadership," writes Hedgeye Restaurants analyst Howard Penney.

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Todd Jordan on Las Vegas Sands Earnings

"The quarter actually beat lowered expectations. Overall, the mass segment performed well although base mass lagging is a concern," writes Hedgeye Gaming, Lodging & Leisure analyst Todd Jordan on Las Vegas Sands.

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An Update on Defense Spending by Lt. Gen Emo Gardner

"Congress' FY17 omnibus appropriation will fully fund the Pentagon's original budget request plus $15B of its $30B supplemental request," writes Hedgeye Potomac Defense Policy analyst Lt. Gen Emerson "Emo" Gardner USMC Ret.

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Got Process? Zero Hedge Sells Fear, Not Truth

Fear sells. Always has. Look no further than Zero Hedge.

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