Be in the know. 25 key reads for Tuesday…

  1. Dividends and Buybacks Look Poised for a 2021 Rebound (Barron’s)
  2. BioNTech believes its vaccine with Pfizer works on new strain (CNBC)
  3. BioNTech says it can produce new vaccine for Covid variant in 6 weeks (Financial Times)
  4. Travel stocks recover from hit after countries ban flights from UK (Yahoo! Finance U.K. )
  5. Meet the Preliminary Dogs of the Dow for 2021 (24/7 Wall Street)
  6. Financial stocks a ‘safe’ recovery play: Expert (Fox Business)
  7. U.S. Congress passes nearly $900 billion COVID-19 aid bill, awaits Trump approval (Reuters)
  8. Apple shares rise on report of 2024 car rollout plan (Reuters)
  9. Banks Need Spenders to Be Stimulated (Wall Street Journal)
  10. Wells Fargo set to be freed from AML consent order (American Banker)
  11. Banks Can Buy Back Stocks Again. Wall Street Is Cheering. (Barron’s)
  12. Bank Stocks Are Going to Be Higher Next Year, Expert Says (Barron’s)
  13. Better Returns With Less Risk? Goldman Has a Basket of Stocks for That. (Barron’s)
  14. COVID-19 stimulus bill will let businesses seek second PPP loan (New York Post)
  15. Sex-crazed ‘roaring ‘20s’ awaits post-pandemic: Yale prof (New York Post)
  16. U.S. Economy Gets a Bridge to the Spring (Wall Street Journal)
  17. Brussels urges EU states to reopen their borders with the UK (Financial Times)
  18. Sneak Peek At Guy Fieri’s ‘Restaurant Hustle’ Documentary (Benzinga)
  19. Alaska Air boosts Boeing 737 orders and options to 120, to ‘largely’ replace Airbus fleet (MarketWatch)
  20. Goldman Sachs, once reserved for the rich, is close to offering wealth management for the masses (CNBC)
  21. Larry Culp Locks Up $47 Million Payday by Winning Over GE’s Doubters (Bloomberg)
  22. Beer, Restaurants and Nascar Win Tax Breaks in Virus-Relief Bill (Bloomberg)
  23. Billionaire Reubens Bet Big on Manhattan’s Battered Real Estate (Bloomberg)
  24. Billionaire investor Sam Zell questions Tesla and Bitcoin, predicts workers will return to offices, and warns the US dollar could be replaced as the world’s reserve currency in a new interview. (Business Insider)
  25. Diamondback Buys West Texas Shale Driller QEP Resources (Wall Street Journal)

Unusual Options Activity – Invesco Mortgage Capital Inc. (IVR)

Data Source: barchart

Today some institution/fund purchased 26,256 contracts of Jan 2023 $3.50 strike calls (or the right to buy 2,625,600 shares of Invesco Mortgage Capital Inc. (IVR) at $39).   The open interest was 8,292 prior to this purchase. Continue reading “Unusual Options Activity – Invesco Mortgage Capital Inc. (IVR)”

Be in the know. 20 key reads for Monday…

  1. What’s in the $900 billion U.S. COVID-19 aid package? (Reuters)
  2. Bank Stocks Are Going To Be Higher Next Year, Expert Says (Barron’s)
  3. Lockheed Buys Aerojet Rocketdyne (Barron’s)
  4. Experts expect vaccines to protect against the UK’s fast-spreading Covid strain (CNBC)
  5. Are COVID-19 vaccines effective against new coronavirus strain? Here’s what we know (cnbctv18)
  6. Why You Shouldn’t Freak Out About the New Strain of Coronavirus (healthline)
  7. What is the new Covid strain – and will vaccines work against it? (The Guardian)
  8. Mutant Meltdown. The Energy Report 12/21/2020 (Phil Flynn)
  9. A new COVID-19 strain is sending stocks plunging, but here’s why investors shouldn’t panic, says this analyst (MarketWatch)
  10. Philip Morris’ Next CEO Says Investors Are Underestimating the Company’s Smoke-Free Future (Barron’s)
  11. How a weaker dollar could help fuel a commodities boom in 2021 (MarketWatch)
  12. The Fed Says Banks Can Buy Back Stock Again. (Barron’s)
  13. The Antitrust Case Against Big Tech, Shaped by Tech Industry Exiles (New York Times)
  14. Congress Reaches Final Agreement on Pandemic Relief (Wall Street Journal)
  15. Alacazoom! Magic Acts Disappear from Theaters, Reappear Online (Wall Street Journal)
  16. Affluent Families Ditch Public Schools (Bloomberg)
  17. Regeneron (REGN) Reports Publication of Initial Clinical Data from Ongoing Ph. 1/2/3 Trial of Antibody Cocktail Casirivimab & Imdevimab in Non-Hospitalized Patients with COVID-19 (Street Insider)
  18. Walgreens Boots Alliance (WBA) Initiates Administration of Pfizer’s (PFE) COVID-19 Vaccine in Long-Term Care Facilities (Street Insider)
  19. Diamondback Energy to Buy QEP and Guidon for Combined $3 Billion (Yahoo! Finance)
  20. China rethinks the Jack Ma model (Financial Times)

Be in the know. 18 key reads for Sunday…

  1. Real Santa Claus Rally (Almanac Trader)
  2. What’s Wrong with Wind and Solar? (Manhattan Institute)
  3. The Year in Deals Can Be Summed Up in 4 Letters (New York Times)
  4. California Reports Record COVID Cases And Deaths… Despite Strictest Lockdown (ZeroHedge)
  5. Boom conditions for US homebuilders defy the pandemic (Financial Times)
  6. Congress poised to vote on COVID aid package after Fed compromise (Reuters)
  7. ECRI Weekly Leading Index Update (advisorperspectives)
  8. Billion-Dollar Dynasties: These Are The Richest Families In America (Forbes)
  9. Senate Leaders Clear Last Hurdle on Covid-19 Package (Wall Street Journal)
  10. ‘Coming 2 America’: First Look At Eddie Murphy’s Sequel to Comedy Classic (Maxim)
  11. Guy Fieri’s Epic ‘Trash Can Nachos’ Are Now Available For Delivery Across U.S. (Maxim)
  12. This Classic Aston Martin Drophead Coupe Could Be Yours (Maxim)
  13. Epidemologist explains why COVID-19 mutations shouldn’t scare you (thenextweb)
  14. Tiger Woods Proudly Looks on as Son Charlie, 11, Drains Impressive Shot at PNC Championship: ‘Atta Boy’ (People)
  15. Without Frank’s RedHot There’d Be No Buffalo Wings (howstuffworks)
  16. 41 Festive Facts About Christmas Vacation (Mental Floss)
  17. The 10 Best Movies to Watch on Netflix This Holiday Season (Mental Floss)
  18. Everything You Need to Know About Indian Creek Island, Miami’s Most Exclusive Enclave (townandcountry)

Be in the know. 20 key reads for Saturday…

  1. Federal Reserve loosens restrictions on big bank stock buybacks (MarketWatch)
  2. U.S. liquefied natural gas exports set a record in November (EIA)
  3. The S&P 500 Could Gain Another 10% Next Year, Experts Say (Barron’s)
  4. Washington avoids government shutdown, but no stimulus vote until Sunday at earliest (MarketWatch)
  5. Why the Future Now Looks Brighter for Value Investing (troweprice)
  6. The Fed Just Said Banks Could Buy Back Stock Again. (Barron’s)
  7. Banks Have Begun to Merge Again. Next Year Could See Even More Deals. (Barron’s)
  8. FDA approves second Covid vaccine for emergency use as it clears Moderna’s for U.S. distribution (CNBC)
  9. Fed allows banks to resume share buybacks, JPMorgan stock jumps 5% (CNBC)
  10. While you’re buying value stocks for your portfolio, add some diversity too (MarketWatch)
  11. JPMorgan, Goldman to Restart Buybacks as Fed Gives Green Light (Bloomberg)
  12. Why Natural-Gas Prices Could Continue to Rise (Barron’s)
  13. The Last 10 Years and the Next 10 (compoundadvisors)
  14. Fed Stress Tests Show U.S. Banks Can Withstand Covid-19 Pandemic (Wall Street Journal)
  15. Wells Fargo to Sell Student Loan Book to Apollo, Blackstone (Bloomberg)
  16. The Transcript 12.14.20 (theweeklytranscript)
  17. Roblox and the Dispersal of Creativity (profgalloway)
  18. What Do We Mean By Reinvestment? (akrecapital)
  19. Siren Songs: IPOs & SPACs (investoramnesia)
  20. Charlie Munger Interview (CalTech)