On August 17, 2020, Thomas Gibson – Director of Allegiant Travel Company (ALGT) – purchased 1,000 shares of ALGT at $115. His out of pocket cost was $115,000.
Where is money flowing today?
August Bank of America Global Fund Manager Survey Results (Summary)
~200 Managers overseeing $500B AUM responded to this month’s BofA survey. Continue reading “August Bank of America Global Fund Manager Survey Results (Summary)”
Be in the know. 10 key reads for Tuesday…
- Big Deals Return as Mergers Show Signs of a Rebound. Here’s Why. (Barron’s)
- Oracle (Yes, Oracle) Reportedly Enters Bidding for TikTok’s U.S. Unit (Barron’s)
- The Storied French Brand Delage Returns, Aiming at Both Road and Track (Barron’s)
- Worried About Inflation? Bonds and Gold Don’t Care (Bloomberg)
- Walmart second-quarter results crush estimates, as e-commerce sales jump 97% (CNBC)
- Home Depot quarterly sales soar 23% as consumers take on more DIY projects in pandemic (CNBC)
- Kohl’s shares jump as quarterly sales hold up better than expected in pandemic (CNBC)
- Wealthier parents are more likely to send their kids back to physical classrooms — here’s why (MarketWatch)
- Bank of America Clients With $489 Billion Finally Trust This Bull Market (Bloomberg)
- Gilead announces another cancer deal (MarketWatch)
Tom Hayes – Quoted in Reuters article – 8/17/2020
Thanks to Chibuike Oguh for including me in his article on Reuters today. You can find it here:
Unusual Options Activity – U.S. Bancorp (USB)
Data Source: barchart
Today some institution/fund purchased 2,000 contracts of Jan 2022 $70 strike calls (or the right to buy 200,000 shares of U.S. Bancorp (USB) at $39). The open interest was just 295 prior to this purchase. Continue reading “Unusual Options Activity – U.S. Bancorp (USB)”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is money flowing today?
Be in the know. 10 key reads for Monday…
- Cyclical Stocks Are Leading the Latest Leg of the Market’s Recovery (Wall Street Journal)
- Goldman Boosts S&P 500 Target by 20% as Strategists Catch Up (Bloomberg)
- Markets should be pricing in would-be Biden win already — they’re not (New York Post)
- Home Depot Braced for Covid Pain—Then Americans Remodeled (Wall Street Journal)
- Low Rates Push Homebuilder Optimism to Highest Since 1998 (Bloomberg)
- PBOC Adds Cash to Ease Liquidity Stress With Rate Unchanged (Yahoo! Finance)
- Oil Flows. The Energy Report (Price Group)
- 6 Stocks to Buy Now That Should Capitalize on the Economic Recovery (24/7 Wall Street)
- Stock Rally Gives Commodities New Shine (Wall Street Journal)
- Interior Secretary to Approve Oil Drilling Program in Alaska’s Arctic Refuge (Wall Street Journal)
Be in the know. 20 key reads for Sunday…
- Speculation & Innovation: The long history of electric cars (Investor Amnesia via The Big Picture)
- Top 10 Yachts Scheduled To Be At The Upcoming 2020 Cannes Yachting Festival (Forbes)
- The Master and the Prodigy (Project Syndicate)
- DOLLY PARTON Steers Her Empire Through the Pandemic — and Keeps It Growing (Billboard)
- Hedge Fund and Insider Trading News: John Thaler, Jim Simons, Jeffery Smith, Ray Dalio, Red Rock Resorts Inc (RRR), Zoom Video Communications Inc (ZM), and More (Insider Monkey)
- Another Roaring Twenties May Be Ahead (Yardeni)
- ECRI Weekly Leading Index Update (Advisor Perspectives)
- The 22 most expensive houses in the world (James Edition)
- The 2020 Ferrari F8 Spider Is a 710-Horsepower Smile Generator (Men’s Journal)
- Here’s How Well A 2021 Ford Bronco Sport Can Go Off-Road In The Toughest Terrain In America (Digg)
- Principles for Building Better Health Insurance (Manhattan Institute)
- The 1918 Flu Faded in Our Collective Memory: We Might ‘Forget’ the Coronavirus, Too (Scientific American)
- In coronavirus housing market, ‘better to be seller than buyer’ (Fox Business)
- The Economics of Gods and Mortals (NPR Planet Money)
- Think the Founding Fathers Were a Bunch of Old Men? Think Again (How Stuff Works)
- We Flattened the Curve. Our Kids Belong in School. (The Atlantic)
- Over 100 AMC Movie Theaters Reopen Aug. 20 (PC Mag)
- Yachting Vacations Are More Convenient and Affordable Than You Think (Just Luxe)
- Here’s One Way to Make Fusion Reactors Much Better (Popular Mechanics)
- “She Sticks Her Finger Right Into the Socket”: How ‘Ozark’ Star Julia Garner Became a Scene-Stealer and Emmy Favorite (Hollywood Reporter)