Be in the know. 20 key reads for Monday…
- Goldman Sees Higher Oil Prices in 2021 After OPEC+ Agreement (Street Insider)
- The stock market is undergoing a ‘rare reversal’ that’s historically signaled double-digit returns to come, says one Wall Street chief strategist (Business Insider)
- Walgreens (WBA) Options Activity Resuscitates LBO Talk – Deutsche Bank (Street Insider)
- Wall Street headed lower on Sino-U.S. tensions; stimulus deal awaited (Reuters)
- Wayne Gretzky’s rookie card could be the first in hockey to break the $1-million milestone (The Star)
- ‘We are only in the middle of the bull market’ and a buying opportunity could come soon, JPMorgan says (MarketWatch)
- Relationship between a rising stock market and weak dollar strongest since the wake of the financial crisis — will it continue? (MarketWatch)
- The Boeing MAX 737 Jet Is Carrying Passengers Again. What It Means for the Stock. (Barron’s)
- 7 Stocks That Could Soar on Higher Oil Prices (Barron’s)
- JPMorgan Warns of Crowded Trades Amid Markets’ ‘Clear Consensus’ (Bloomberg)
- Barron’s Latest Picks And Pans: Airbnb, Bank Stocks, Dividend Aristocrats And More (Benzinga)
- Pound falls over deadlock in EU-UK trade talks (Financial Times)
- UBS Upgrades Spirit AeroSystems (SPR) to Buy; 737 Accounted for ~90% of Earnings in 2018 (Street Insider)
- A Covid Vaccine Has Arrived. Get Ready for the Rollout (Bloomberg)
- Details of $908 Billion U.S. Pandemic Relief Plan Set for Release (Bloomberg)
- Airbnb, DoorDash Boost Price Ranges Ahead of Mega Week for IPOs (Bloomberg)
- These 10 vehicles are the hottest 2021 classic cars, according to collector car insurer Hagerty (USA Today)
- Nearly $4.4 trillion of home mortgages are set to be originated this year (Bloomberg)
- JPMorgan sends policy recommendations to Biden team on ways to prevent more Covid-related misery (CNBC)
- Gene Editing Shows Promise in Sickle-Cell Disease (Wall Street Journal)
Tom Hayes – Quoted in Reuters article – 12/7/2020
Thanks to Shriya Ramakrishnan and Shreyashi Sanyal for including me in their article on Reuters today. You can find it here:
Be in the know. 16 key reads for Sunday…
- Stock market 2021: Stocks expected to keep climbing as strategists look to a brighter 2021 (Yahoo! Finance)
- U.S. Vaccines May Start Friday Amid Covid’s Worst: Virus Update (Bloomberg)
- Why a vaccine won’t be yet another ‘false dawn’ for value stocks: ‘This one does feel different’ (fnLondon)
- 7 Bank Stocks That Could Thrive in the Biden Era (Barron’s)
- Saudis Raise Crude Pricing to Asia as Vaccines Buoy Oil Market (Bloomberg)
- A Monetary Mind at the Treasury (project-syndicate)
- ECRI Weekly Leading Index Update (Advisor Perspectives)
- TEN-YEAR TREASURY YIELD NEAR 1% MARK… STOCK INDEXES ARE HITTING NEW RECORDS — FINANCIAL SPDR HITS NEW RECOVERY HIGH (John Murphy)
- Top economists say this is what’s on their stimulus wishlist—and the bipartisan bill looks pretty close (Fortune)
- Wolfgang Puck Is Now Shipping His Famed Smoked Salmon Pizza Nationwide (Robb Report)
- Bryan Cranston Breaks Bad Again. And It’s a Thrill to Watch. (Daily Beast)
- How Moderna’s Vaccine Works (New York Times)
- Sean Connery’s 007 pistol from ‘Dr.No’ sells for $256,000 (OANN)
- 2021 Dodge Durango SRT Hellcat Quick Review: C’mon and Bring the Family to 180 MPH (The Drive)
- Elon Musk Is Reportedly Heading to Texas for a Tax Break (gizmodo)
- Here are 3 under-the-radar market story lines that could surprise investors in 2021 (CNBC)
Be in the know. 25 key reads for Saturday…
- Energy stocks propel S&P 500 to new record (Financial Times)
- Airbnb’s IPO Will Be Hot. Its Stock Will Be Worth the Price. (Barron’s)
- Ignore the ‘top callers,’ there’s still ‘easy money’ to be made this year, hedge-fund manager says (MarketWatch)
- Howard Marks Outlines Investment Opportunities, Risks (Barron’s)
- The ‘Elevation’ Stock Market (Seeking Alpha)
- The Boeing MAX 737 Jet Is Carrying Passengers Again. What It Means for the Stock. (Barron’s)
- Oil prices up 5 straight weeks to 9-month high after OPEC+ deal to only slowly unwind output cuts (MarketWatch)
- Move Over, Millennials! Baby Boomers Are Fueling Latest Stock Rally (Barron’s)
- The Top 30 Stocks Over the Last 30 Years… (Compound Advisors)
- China Recently Unveiled Its Latest 5-Year Plan. Here are the Highlights. (Barron’s)
- Stimulus Optimism Grows, and Congress Gets Job-Market Alert (Bloomberg)
- U.S. sells more than $175 billion in weapons to foreign governments, nearly 3% higher than last year (CNBC)
- Nordstrom shares soar with one analyst group upbeat about the luxury retailer’s post-COVID prospects (MarketWatch)
- In Greenwich, Connecticut, money is no object. Real estate there is on fire (CNN Business)
- Small Cap Rotation, Reopening, and Reversion (royce)
- Review: The Ghost is more modest and simple, but it’s still a Rolls-Royce (CNN Business)
- Equity Put/Call Ratio at Historical Extreme, but… (QuantifiableEdges)
- SpaceX Will Launch Remote Controlled Racecars to Lunar Surface (futurism)
- Daniel Ek, CEO of Spotify — The Art of Seeing Around Corners, Two-Year Missions, Top Books, and the Essence of Fire Soul (#484) (Tim Ferriss)
- Warren Buffett: How Fisher’s Scuttlebutt Method Changed My Life (acquirersmultiple)
- Secrets of the Market Wizards with Jack Schwager (investorhour)
- Comparative Roaring ’20s (yardeni)
- Small Cap Rotation, Reopening, and Reversion (Royce)
- Explore Or Exploit? How To Choose New Opportunities (Farnam Street)
- Value Investing: A History (investoramnesia)
Tom Hayes – CGTN Global Business Appearance – 12/4/2020
Tom Hayes – One America News Network (OAN) TV Appearance – 12/4/2020
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Unusual Options Activity – Wells Fargo & Company (WFC)
Data Source: barchart
Today some institution/fund purchased 5,076 contracts of July $32.50 strike calls (or the right to buy 507,600 shares of Wells Fargo & Company (WFC) at $39). The open interest was just 705 prior to this purchase. Continue reading “Unusual Options Activity – Wells Fargo & Company (WFC)”