Article referenced in podcast above:
The Fleetwood Mac “Dreams” Stock Market (and Sentiment Results)…
Unusual Options Activity – Phillips 66 (PSX)
Data Source: barchart
Today some institution/fund purchased 3,642 contracts of Feb $60 strike calls (or the right to buy 364,200 shares of Phillips 66 (PSX) at $60). The open interest was just 1,237 prior to this purchase. Continue reading “Unusual Options Activity – Phillips 66 (PSX)”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is money flowing today?
Be in the know. 25 key reads for Friday…
- Icahn sees energy sector rebound but urges patience (StreetInsider)
- Don’t miss out on this ‘generational opportunity’ in the stock market, hedge-fund manager says (MarketWatch)
- GE Stock Could Gain 50%. Goldman Sachs Explains Why. (Barron’s)
- Gilead’s remdesivir shaved five days off COVID-19 recovery time, reduced risk of death in some (StreetInsider)
- Gilead (GILD) Has Enough Remdesivir Supply on Hand to Treat All Hospitalized U.S. COVID Patients (StreetInsider)
- ValueAct’s Morfit says Citigroup positioned for growth, sees higher share price (StreetInsider)
- BofA Securities Upgrades Franklin Resources (BEN) Two-Notches to Buy on LM Deal, Strong Balance Sheet (StreetInsider)
- Goldman Sachs Reinstates General Electric (GE) at Buy (StreetInsider)
- Coronavirus mortgage bailouts fall below 3 million in pandemic’s biggest decline (CNBC)
- A breakdown of whether the Democrats’ stimulus bill is actually a ‘bailout’ of blue states (CNBC)
- Cheapest Small-Cap Stocks in 20 Years Shows Rally Can Keep Going (Bloomberg)
- U.S. bank stocks are fine, if you are rich in patience (Reuters)
- Opinion: Value stocks are poised to crush growth stocks after the presidential election (MarketWatch)
- Waymo Begins Fully Driverless Rides for All Arizona Customers (Bloomberg)
- Rich Americans Are Protecting Their Fortunes From a Possible Biden Win (Bloomberg)
- ‘A paradise for growth investors’: A Baillie Gifford fund manager overseeing almost $2 billion explains why investors are underestimating Japanese stocks – and shares his 3-part strategy for picking winners. (Business Insider)
- Coca-Cola, AMEX and Moody’s: Warren Buffett doubles his money on these stocks every 2 to 5 years (USA Today)
- Bullish signal suggesting further market upside (Business Insider)
- Renminbi jumps by most in more than 4 years as China returns to work (Financial Times)
- Domestic travel over Golden Week boosts China’s economic recovery (Financial Times)
- Why BofA Securities Income and Growth Portfolio Stocks May Be the Best 2021 Picks (24/7 Wall Street)
- Stimulus Talks Resume, but a Deal Remains Elusive (Wall Street Journal)
- IBM to Spin Off Services Unit to Accelerate Cloud-Computing Pivot (Wall Street Journal)
- Wells Fargo CEO Finds Himself on Defense After a Tough First Year (Wall Street Journal)
- Indonesia Has 270 Million People—and One of the World’s Lowest Covid-19 Testing Rates (Wall Street Journal)
Tom Hayes – Article Featured on MarketWatch – 10/8/2020
Thank you to Shawn Langlois for featuring our research in his article on MarketWatch today:
Click here to read the full article at MarketWatch
Unusual Options Activity – American Airlines Group Inc. (AAL)
Data Source: barchart
Today some institution/fund purchased 5,222 contracts of May $16 strike calls (or the right to buy 522,200 shares of American Airlines Group Inc. (AAL) at $16). The open interest was just 100 prior to this purchase. Continue reading “Unusual Options Activity – American Airlines Group Inc. (AAL)”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is money flowing today?
Be in the know. 20 key reads for Thursday…
- Coty Is One of 2020’s Worst-Performing Stocks. Why an Analyst Says Its Time to Buy. (Barron’s)
- Chevron Is Now the Biggest U.S. Oil Stock. (Barron’s)
- Emerging Markets Are Looking Attractive. Strategists Are Still Wary. (Barron’s)
- Cruise Stocks Are Climbing After a J.P. Morgan Analyst Boosts Price Targets (Barron’s)
- Wynn Resorts Stock Can Double: Fund Manager (Barron’s)
- Regeneron seeks emergency approval for COVID-19 drug that Trump took (New York Post)
- Eli Lilly seeks emergency use of its antibody drug for COVID-19 (New York Post)
- Fleetwood Mac’s ‘Dreams’: Mick Fleetwood recreates viral, cranberry juice-swigging TikTok video (USA Today)
- Westchester Home Prices Pushed to Record High By Bidding Wars (Bloomberg)
- Trump Says Eli Lilly Drug to Be Approved And He’s Not Contagious (Bloomberg)
- Hydrogen’s Dirty Little Secret (Wall Street Journal)
- Exxon Could Get a Chemical Turbo Boost if Oil Rebounds (Wall Street Journal)
- Lyft Orders Up a Side Dish (Wall Street Journal)
- Molson Coors (TAP) PT Raised to $62 at Guggenheim, Named ‘Best Idea’ (Street Insider)
- Wells Fargo cuts more jobs as part of earlier cost-cutting drive (Street Insider)
- Trump calls contracting coronavirus ‘blessing from God’ as Regeneron files for FDA approval (MarketWatch)
- Can Airport Covid Testing Get People Flying Again? (Wall Street Journal)
- Onto a new cloud — IBM to spin off managed infrastructure services unit (MarketWatch)
- Bausch Health shares jump 6% premarket after company offers upbeat revenue guidance (MarketWatch)
- AMC Entertainment expects 520 of its 600 U.S. theaters to be open by mid-October (MarketWatch)