The H.E.A.T. Formula
All The News That Isn't Fit To Print
Investor Matthew Tuttle says people are ‘not thinking about’ self-defense stocks-Fox Business
Themes
Regional Bank CRE Exposure
NY Fed says banks obscuring commercial real estate risks by extending loan terms-Reuters
Banks have been tweaking the terms of commercial real estate mortgages to obscure losses, and in delaying the day of reckoning, are increasing risks to the broader financial system, a paper, opens new tab released Wednesday by the Federal Reserve Bank of New York said.
We launched SKRE because I think there is a ticking time bomb in these regional banks balance sheets, you can't keep pushing the problem forward forever.
Weight Loss Drugs
Big Food Is Learning to Love Weight-Loss Drugs-WSJ
A new class of weight-loss drugs is changing the food industry, but not in the way many expected at first. They could present just as many opportunities as pitfalls.
Second and third order thinking on the weight loss drug theme. Some ancillary companies will be winners and some are likely to be losers. Meanwhile, LLY and NVO not doing much, but VKTX had a day.....
Ozempic May Reduce the Risk of Alzheimer’s. That’s Huge for Novo Nordisk.-Barron's
A new study adds evidence to the theory that Novo Nordisk’s Ozempic may help prevent Alzheimer’s disease. That could mean that Novo shares, which have more than doubled over the past two years, remain dramatically undervalued.
Who gets hurt?
Dexcom shares fall on slow revenue growth-CNBC.com
AI
When looking for second order AI names, this is the kind of thing you want to see in an earnings report....
Western Digital Stock Gains After AI Boost Helps Company Swing to a Profit-WSJ
Western Digital swung to a quarterly profit, buoyed by soaring sales in its cloud business, as the rise of AI stokes demand from data-center clients.
Arm CEO Sees AI Transforming the World Much Faster Than the Internet-Bloomberg
Europe Defense & Aerospace
EUAD
Britain and Germany sign new defence agreement as Ukraine tensions rise-Reuters
Britain and Germany signed a landmark defence agreement on Wednesday and pledged to co-operate on exercises on NATO's eastern flank as they stressed the need for Europe to be able to defend itself given possible escalation in the war in Ukraine.
Europe's two biggest spenders on defence said the pact includes a commitment to develop new weapons that have a greater range and accuracy than current long-range missile systems like Storm Shadow, which Britain has given to Ukraine.
Hedges
Never rule out a market panic, always have hedges.....
