- Breaking Big Tech (Advisor Perspectives)
- U.S. Money Managers Like the Outlook for Stocks, According to Barron’s Poll (Barron’s)
- GE’s stock gets a big boost after news that Boeing’s 737 MAX could fly again this year (MarketWatch)
- Bill Miller 3Q 2020 Market Letter (Miller Value)
- Why Read? Advice From Harold Bloom (Farnam Street)
- The 2020 Aston Martin Vantage Coupe is the Entry Level to the James Bond Fantasy Life (Barron’s)
- Look Who’s Really Chasing Hot Stocks Like Zoom (Wall Street Journal)
- Forget the Rent, Collect the Yield: Why Investors Looking to Retire Early Should Consider REITs (Barron’s)
- Here are Wall Street’s favorite stocks for an election-relief rally (MarketWatch)
- Looking for Yield? Mortgage REITs Offer Double-Digit Returns. (Barron’s)
- Pfizer says earliest U.S. filing for COVID-19 vaccine would be late November (Reuters)
- Trump says: ‘I’m ready to sign a big, beautiful stimulus’ — but many Americans are not banking on it (MarketWatch)
- Google now lets you search for a song by humming or singing its tune (New York Post)
- Warren Buffett plowed $5 billion into Bank of America during the debt crisis. Here’s the story of how the investor helped the bank and made a fortune in the process. (Business Insider)
- The wealthiest 1% of Americans will drive positive household demand for stocks in 2021, Goldman Sachs says (Business Insider)
- Mark Cuban on stalled stimulus negotiations: All of Congress is ‘complicit in the problem’ (CNBC)
- In Reversal, Twitter Is No Longer Blocking New York Post Article (New York Times)
- Stock-market bulls are counting on the consumer staying strong — should they? (MarketWatch)
- Behind the Stability in China’s Currency: Beijing’s Hidden Hand (Barron’s)
- An Analyst Plays Matchmaker With Chevron and Exxon (Barron’s)
- Walgreens Beats Estimates in Fiscal Q4, Returns to Profit (equities)
- Natural gas generators make up largest share of U.S. electricity generation capacity (eia)
- Boris Johnson throws down ‘no deal’ gauntlet to EU (Financial Times)
- Federal Reserve debates tougher regulation to prevent asset bubbles (Financial Times)
- ‘Value drought’ claims latest victim as growth stocks power on (Financial Times)
- The new Porsche Targa: is this the greatest 911 yet? (Financial Times)
- Will Value Stocks Overtake Growth Shares After The Election? (Investing.com)
- There’s More to Value Investing Than Low Prices (Morningstar)
- Buffett’s Disciples Should Pray for a Bond Bust (Bloomberg)
- Tale of Two Economies: Housing-Related Boom vs Pandemic-Challenged-Services Bust (Yardeni)
- Charlie Munger’s 10 Rules for Investment Success (DGS)
- Margin of Safety Still Matters (value stock geek)
- How to play on market’s reversion to the mean: Tobias Carlisle offers a few tips
(Economic Times) - Coming into Focus (Howard Marks)
- Elections and Markets (Investor Amnesia)
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Hedge Fund Tips with Tom Hayes – VideoCast – Episode 52
Article referenced in VideoCast above:
The “I’m an Accountant” Stock Market (and Sentiment Results)…
Hedge Fund Tips with Tom Hayes – Podcast – Episode 42
Where is money flowing today?
Be in the know. 20 key reads for Friday…
- Why Wells Fargo’s Stock Could Rise Over 50% (24/7 Wall Street)
- Harold Hamm hits back at ‘crazy’ shale claims (Financial Times)
- Why Goldman Sachs Is Bullish on Oilfield Services for Q3 Earnings and 2021 (24/7 Wall Street)
- Actually, Walgreens Did Prove Its Relevance on Earnings (24/7 Wall Street)
- Southern Connecticut—a Close Suburb of New York City—Sees Sales, Prices Surge (Mansion Global)
- Opinion: Biden will win, polls say. But the stock market is sending a different signal (MarketWatch)
- Dow Jones Futures Rise On Coronavirus Vaccine, Boeing 737 Max News; Zoom Video In Buy Zone, Apple, Amazon Set Up (Investor’s Business Daily)
- Mayra Joli, nodding lady at Trump town hall, is ex-beauty queen who ran for Congress (New York Post)
- Boeing 737 Max is safe to fly again, Europe’s aviation regulator says (CNBC)
- Retail sales rise 1.9% in September, vs 0.7% expected (CNBC)
- Pfizer, BioNTech Race to Meet Global Covid-19 Vaccine Needs (Wall Street Journal)
- Amazon, Facebook, and other tech stocks may be a ‘disaster waiting to happen,’ investor Bill Smead says (Business Insider)
- The stock market is sending mixed signals on who will win the presidential election, LPL says (Business Insider)
- Goldman Sachs says the market is due for a large but temporary rotation out of growth stocks (Business Insider)
- The IMF says vaccine progress could add $9 trillion to global income by 2025 and stage a faster recovery (Business Insider)
- These 3 sentiment indicators are giving off a bullish signal for the consumer and stock market, DataTrek says (Business Insider)
- Forget Biden Blue Wave and Trump Train – here’s the real winner that will drive stocks (fn London)
- Mortgage Lender IPOs Are Booming. Which Are the Best Buys? (Wall Street Journal)
- Large Managers Get the Money, but Small Managers Provide the Performance (Institutional Investor)
- Albertsons Wins Bankruptcy Auction for Kings and Balducci’s Stores (Wall Street Journal)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Unusual Options Activity – BP p.l.c. (BP)
Data Source: barchart
Today some institution/fund purchased 1,154 contracts of April 16 strike calls (or the right to buy 115,400 shares of BP p.l.c. (BP) at $16). The open interest was just 246 prior to this purchase. Continue reading “Unusual Options Activity – BP p.l.c. (BP)”
Where is money flowing today?
Be in the know. 15 key reads for Thursday…
- Buy the worst? Here are 5 destroyed stocks for this bottom-fishing strategy (MarketWatch)
- Value Stocks Could Shine After U.S. Election, No Matter Who Wins (Bloomberg)
- Walgreens stock jumps after profit falls less than expected, revenue rises above forecasts (MarketWatch)
- Stocks Drop as Stimulus Hopes Fade (Barron’s)
- Small-Caps Point to Renewed Confidence in the Economy (Barron’s)
- Mnuchin says he’ll give ground on virus testing in stimulus negotiations with Pelosi (CNBC)
- China Drugmaker Gives Unproven Covid-19 Vaccine to Students Going Abroad (Wall Street Journal)
- Second Covid-19 Vaccine Approved by Russia (Wall Street Journal)
- Walmart CEO Doug McMillon to Congress: Get a stimulus deal done (CNBC)
- These stocks trading at discounts to their valuations may be worth buying, traders say (CNBC)
- Rockwell Automation to reverse salary cuts, restore 401 (k) match for U.S. employees in November (MarketWatch)
- $300B from 1st relief available for loans, stimulus checks says Mnuchin (FoxBusiness)
- Here’s How Much Investing $1,000 In Bank Of America At Great Recession Lows Would Be Worth Today (Benzinga)
- 10 Consumer Staples Stocks With Fat Dividends and Reasonable Valuations (Barron’s)
- ICON Study Evidencing Efficacy of Ivermectin Against COVID-19 Published in Peer Review Journal Chest (TrialSiteNews)