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)”

Be in the know. 15 key reads for Friday…

  1. Mnuchin Wants $580 Billion Injected Into Slowing U.S. Economy (Yahoo! Finance)
  2. 10 reasons why the S&P 500 will surge 7% into year-end, according to Fundstrat (Business Insider)
  3. Pfizer and BioNTech to request emergency authorization from FDA for Covid vaccine (CNBC)
  4. Citi Upgrades Coty Inc. (COTY) to Buy; Shares Could Go a Lot Higher (Street Insider)
  5. The Daily Grind. The Energy Report 11/20/2020 (Phil Flynn)
  6. Roblox Files for IPO as Pandemic Drives Video Game Growth (Bloomberg)
  7. 7 High-Yield Dividend Value Stocks to Buy (Yahoo! Finance)
  8. Occidental Petroleum stock surges after Susquehanna analyst says its time to buy (Yahoo! Finance)
  9. Eli Lilly’s Arthritis Drug Gets Emergency Use Approval For Treatment Of COVID-19 (Benzinga)
  10. Fund Managers Are Very Bullish on the Economy. Is That a Good Sign? (Barron’s)
  11. The Oil Market Is Caught Between Covid Surges and Vaccine Hopes. What That Means for Prices. (Barron’s)
  12. John Malone and Liberty Media Will Have One More Vehicle for Their Media Investments: a SPAC (Barron’s)
  13. It May Be Time To Invest in Emerging Market Value Stocks. Here’s Where to Look. (Barron’s)
  14. U.S. Home Sales Rose to 14-Year High in October (Wall Street Journal)
  15. Nearly 1 Million Chinese People Have Received Drug Maker’s Covid-19 Vaccines (Wall Street Journal)

Be in the know. 15 key reads for Thursday…

  1. Finland and Norway Avoid Covid-19 Lockdowns but Keep the Virus At Bay (Wall Street Journal)
  2. AstraZeneca’s Covid-19 Vaccine Shows Strong Immune Response in Older Adults (Barron’s)
  3. It’s Still Boom Times for Home Builders, October Data Show (Barron’s)
  4. FedEx driver caught slaying Mariah Carey’s ‘All I Want for Christmas’ (New York Post)
  5. Dow falls in late trading after NYC moves to close schools (New York Post)
  6. U.S. weekly jobless claims total 742,000, vs 710,000 estimate (but continuing claims fall) (CNBC)
  7. 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)
  8. 3 Dividend Oil Stocks For Investors To Consider (Benzinga)
  9. Vaccine arrival expected to trigger dollar slump in 2021 (Financial Times)
  10. Why value investing still works in markets (Financial Times)
  11. Jamie Dimon blames ‘childish behavior’ in Congress for coronavirus relief deadlock (Fox Business)
  12. This bond-market signal will tell investors when/if it’s time to sell stocks, says strategist (MarketWatch)
  13. FDA Clears First Covid-19 Test Performed Fully at Home (Wall Street Journal)
  14. Market’s Vaccine Euphoria Was Bad News for Momentum Funds (Wall Street Journal)
  15. Investors Bet Economic Recovery Won’t Spark Jump in Inflation (Wall Street Journal)

The AC/DC “Thunderstruck” Stock Market (and Sentiment Results)…

With yesterday’s weakness into the close, we chose AC/DC’s, “Thunderstruck” as the song to embody current stock market sentiment.  The end of day sell off was precipitated by the NYC Mayor’s decision to close all schools. Continue reading “The AC/DC “Thunderstruck” Stock Market (and Sentiment Results)…”