Be in the know. 20 key reads for Sunday…

  1. Guy Fieri, Fired Up: The Food Network King, With a Massive New Deal, Pushes for More Restaurant Relief (Hollywood Reporter)
  2. Bridgewater on Bubbles (Podcast) (Bloomberg)
  3. Warren Buffett’s Deputy Calls Bitcoin ‘Disgusting’ And Bad For Civilization (Forbes)
  4. Berkshire Hathaway Annual Meeting 2021: Highlights and storylines (Yahoo! Finance)
  5. Buffett says Berkshire “not competitive” with SPACs on deals (Reuters)
  6. 12 Best Vacation Stocks to Buy Now (insidermonkey)
  7. NYC falls to second on billionaire list as new tax hikes push wealthy out (New York Post)
  8. Americans Can’t Get Enough of the Stock Market (Wall Street Journal)
  9. A Chinese province powered 8% of all Bitcoin mining. Then the government gave miners 2 months to get out (Fortune)
  10. Thinking of Buying a Pro Sports Team? 10 Things Successful Owners Think You Should Know (RobbReport)
  11. Here’s What It’s Like to Drive McLaren’s 611 HP Street-Legal Racer, the 620R (RobbReport)
  12. The World’s Largest Aircraft, With a Wingspan Longer Than a Football Field, Just Completed Its Second Test Flight (RobbReport)
  13. Forget Batteries, This New Lightweight Hypercar Will Be Powered Entirely by Hydrogen (RobbReport)
  14. Jerry Jones’s Custom Airbus Chopper Is a Dallas Cowboy for the Skies (RobbReport)
  15. Big Tech is now worth so much we’ve forgotten to be shocked by the numbers (TechCrunch)
  16. Aston Martin Unveils Roofless V12 Speedster Special Edition (Maxim)
  17. Wayfair’s $112 billion plan to take over your entire home (Fast Company)
  18. Inflation, Unemployment And The Phillips Curve (NPR Planet Money)
  19. Lotus Wants Its First Electric Sports Car to Weigh the Same as Its Last Gas-Powered Car (Road and Track)
  20. How Costco Is Masking A 14% Price Jump With Shrinkflation (ZeroHedge)

Be in the know. 30 key reads for Saturday…

  1. Apple Hit With Landmark Antitrust Charges in Europe Over App Store (Barron’s)
  2. Here’s What Biden’s Corporate Tax Plan Means for Investors (Barron’s)
  3. Biden’s $4 Trillion Economic Plan, in One Chart (New York Times)
  4. What the cluck? Fast food chains warn of dire chicken shortage in US (New York Post)
  5. Bank of America Stock Is a Buy. Here’s Why. (Barron’s)
  6. PracticesThe Price of the Stuff That Makes Everything Is Surging (Bloomberg)
  7. Legalized Marijuana Will Be a Big Win for U.S. Pot Stocks. How to Bet on the Sector. (Barron’s)
  8. Exxon, Chevron Preach Prudence Even as Cash Waterfall Returns (Bloomberg)
  9. Summers Sees Signs of Scarce Workers as Harbinger of Inflation (Bloomberg)
  10. U.S. Personal Incomes Soar by Most on Record on Fiscal Stimulus (Bloomberg)
  11. Thanks to Spotify, the Music Is Stopping for Apple (Bloomberg)
  12. 8 different areas have taken turns leading the latest bull market in stocks – and that diversity is part of what makes the climb so sustainable, says one Wall Street chief strategist (Business Insider)
  13. Why investors should invest in asset bubbles rather than avoid them, according to JPMorgan (Business Insider)
  14. Berkshire Hathaway’s annual meeting is here: What to expect from Warren Buffett and Charlie Munger (CNBC)
  15. Berkshire Hathaway’s operating earnings jump, Buffett continues to buy back stock (CNBC)
  16. Clorox weighs price increases on products in response to inflationary costs (CNBC)
  17. Value investing: Is this the biggest opportunity since the tech bubble? (BNP)
  18. U.S. stocks have risen to all-time highs this year. Should you ‘sell in May and go away’? (MarketWatch)
  19. Railroad Stocks Are Rallying. What That Means for the Economy (Barron’s)
  20. Residents Furious at Release of 500 Million Gene-Hacked Mosquitoes (Futurism)
  21. Taxing Speculation (investoramnesia)
  22. Why ‘Black Swan’ author Nassim Taleb calls bitcoin an ‘open Ponzi scheme’ (CNBC)
  23. Dining out is back, as America gets vaccinated (CNN)
  24. The last clean energy boom turned to bust. Will this time be any different? (CNN)
  25. More than 90 New Airlines Are Launching in 2021. They Say It’s the Perfect Time. (Wall Street Journal)
  26. Rally in Transportation Stocks Nears 122-Year-Old Record Streak (Wall Street Journal)
  27. 2021 Ferrari Roma: A High-Tech Sports Car With a Midcentury Look (Wall Street Journal)
  28. Investors move into cash at fastest rate since March last year (Financial Times)
  29. Why a $10,000 Tax Deduction Could Hold Up Trillions in Stimulus Funds (New York Times)
  30. Deepest Backwardation Since ‘07 Shows World Short on Commodities (Bloomberg)

Unusual Options Activity – Gilead Sciences, Inc. (GILD)

Data Source: barchart

Today some institution/fund purchased 14,641 contracts of June $67.50 strike calls (or the right to buy 1,464,100 shares of Gilead Sciences, Inc. (GILD) at $67.50). The open interest was 7,786 prior to this purchase. Continue reading “Unusual Options Activity – Gilead Sciences, Inc. (GILD)”

Be in the know. 20 key reads for Friday…

  1. Warren Buffett will discuss stocks, deals, and the pandemic at Berkshire Hathaway’s annual meeting on Saturday. Here are 18 questions he might answer. (Business Insider)
  2. EU says Apple’s App Store breaks competition rules after Spotify complaint (CNBC)
  3. Goldman Sachs Sees $80 Oil This Year: 4 Conviction List Energy Stocks to Buy Now (24/7 Wall Street)
  4. AstraZeneca Reveals Covid-19 Vaccine Sales. That Isn’t Why the Stock Is Rising. (Barron’s)
  5. It May Be Time to Check In to InterContinental Stock (Barron’s)
  6. Why It’s Great News That Cyclical Stocks Are Selling Off on Earnings (Barron’s)
  7. SPACs Switch Their Ticker Symbols—and Shares Climb. What’s Really Going On. (Barron’s)
  8. What Ails Gilead’s Sales (Barron’s)
  9. Apple’s Spectacular Earnings Aren’t Lifting the Stock. The Worry Is Growth. (Barron’s)
  10. Kraft-Heinz thrives as pandemic spurs home dining (New York Post)
  11. Cyclical Stocks Are Selling Off on Earnings. Why That’s Great News. (Barron’s)
  12. Apple v. Epic: What to expect from a trial that could change antitrust law and the mobile-app ecosystem (MarketWatch)
  13. Oil’s Rebound Greases the Way for Energy Giants’ Green Pitch (Wall Street Journal)
  14. U.S. fast-food chains cash in, seize market share during pandemic (Reuters)
  15. 5 Best Chinese Stocks To Buy And Watch Now (IBD)
  16. Amazon Continues To Outpace Google, Facebook On Ad-Revenue Growth: What You Need To Know (Benzinga)
  17. Cobalt price jump underscores reliance on metal for electric vehicle batteries (Financial Times)
  18. Exxon and Chevron surge back to profit (Financial Times)
  19. Colgate-Palmolive stock gains after profit, sales top expectations (Yahoo! Finance)
  20. Warren Buffett generates half of his dividend income from these stocks: Apple, Bank of America, Coca-Cola (USA Today)