Secretary Mnuchin was on CNBC this morning emphasizing that the Lending Facilities (which have expired) were a “great success!” Everytime I hear that phrase I can’t help but think of Borat! Continue reading “Lending Facilities Were a “Great Success!””
Unusual Options Activity – Boston Scientific Corporation (BSX)
Data Source: barchart
Today some institution/fund purchased 1,186 contracts of Jan 2022 $30 strike calls (or the right to buy 118,600 shares of Boston Scientific Corporation (BSX) at $30). The open interest was just 739 prior to this purchase. Continue reading “Unusual Options Activity – Boston Scientific Corporation (BSX)”
Insider Buying in Hall of Fame Resort & Entertainment Company (HOFV)
Where is money flowing today?
Be in the know. 15 key reads for Friday…
- Mnuchin Wants $580 Billion Injected Into Slowing U.S. Economy (Yahoo! Finance)
- 10 reasons why the S&P 500 will surge 7% into year-end, according to Fundstrat (Business Insider)
- Pfizer and BioNTech to request emergency authorization from FDA for Covid vaccine (CNBC)
- Citi Upgrades Coty Inc. (COTY) to Buy; Shares Could Go a Lot Higher (Street Insider)
- The Daily Grind. The Energy Report 11/20/2020 (Phil Flynn)
- Roblox Files for IPO as Pandemic Drives Video Game Growth (Bloomberg)
- 7 High-Yield Dividend Value Stocks to Buy (Yahoo! Finance)
- Occidental Petroleum stock surges after Susquehanna analyst says its time to buy (Yahoo! Finance)
- Eli Lilly’s Arthritis Drug Gets Emergency Use Approval For Treatment Of COVID-19 (Benzinga)
- Fund Managers Are Very Bullish on the Economy. Is That a Good Sign? (Barron’s)
- The Oil Market Is Caught Between Covid Surges and Vaccine Hopes. What That Means for Prices. (Barron’s)
- John Malone and Liberty Media Will Have One More Vehicle for Their Media Investments: a SPAC (Barron’s)
- It May Be Time To Invest in Emerging Market Value Stocks. Here’s Where to Look. (Barron’s)
- U.S. Home Sales Rose to 14-Year High in October (Wall Street Journal)
- Nearly 1 Million Chinese People Have Received Drug Maker’s Covid-19 Vaccines (Wall Street Journal)
Tom Hayes – Quoted in Reuters article – 11/19/2020
Thanks to Chibuike Oguh for including me in his article on Reuters today. You can find it here:
Tom Hayes – The Claman Countdown – Fox Business Appearance – 11/19/2020
Where is money flowing today?
Quote of the Day…
Be in the know. 15 key reads for Thursday…
- Finland and Norway Avoid Covid-19 Lockdowns but Keep the Virus At Bay (Wall Street Journal)
- AstraZeneca’s Covid-19 Vaccine Shows Strong Immune Response in Older Adults (Barron’s)
- It’s Still Boom Times for Home Builders, October Data Show (Barron’s)
- FedEx driver caught slaying Mariah Carey’s ‘All I Want for Christmas’ (New York Post)
- Dow falls in late trading after NYC moves to close schools (New York Post)
- U.S. weekly jobless claims total 742,000, vs 710,000 estimate (but continuing claims fall) (CNBC)
- Billionaire investor Bill Ackman discussed his pandemic hedge, praised Trump, and explained his Berkshire Hathaway exit in a recent interview. Here are the 19 best quotes (Business Insider)
- 3 Dividend Oil Stocks For Investors To Consider (Benzinga)
- Vaccine arrival expected to trigger dollar slump in 2021 (Financial Times)
- Why value investing still works in markets (Financial Times)
- Jamie Dimon blames ‘childish behavior’ in Congress for coronavirus relief deadlock (Fox Business)
- This bond-market signal will tell investors when/if it’s time to sell stocks, says strategist (MarketWatch)
- FDA Clears First Covid-19 Test Performed Fully at Home (Wall Street Journal)
- Market’s Vaccine Euphoria Was Bad News for Momentum Funds (Wall Street Journal)
- Investors Bet Economic Recovery Won’t Spark Jump in Inflation (Wall Street Journal)