- Energy and Financials May Have Biggest Potential Upside: 5 Top Buys for 2021 (27/4 Wall Street)
- FANGs in Retreat Are a Sign of Optimism (Bloomberg)
- OPEC+ urges ‘full conformity’ with production cuts, and Saudi Arabia’s energy minister warns market gamblers will be hurt ‘like hell’. (Business Insider)
- GE Stock Jumped Because It Expects Positive Free Cash Flow. What Wall Street Is Saying. (Barrons)
- Goldman Sachs says oil prices are set to move ‘meaningfully higher’ into next year. Here are 7 reasons why the firm is bullish, and 5 stocks it recommends buying in advance. (Business Insider)
- Trump administration to ban TikTok downloads starting Sunday: report (New York Post)
- Mike Tyson nearly takes trainer’s head off in jaw-dropping video (New York Post)
- Car Loans Dodge Distress for Now (Wall Street Journal)
- Bond Market Shows U.S. Is Leading in Race to Reflate the Economy (Bloomberg)
- The next wave of the global recovery could send commodity prices soaring (CNBC)
- Sell(ing) Rosh Hashanah, Buy Yom Kippur (Almanac Trader)
- What are the Fed’s new hurdles for rate hikes? (Reuters)
- Bond Investors Regain Appetite for Emerging Markets (Wall Street Journal)
- Federal Reserve weighs bank dividends as it prepares second stress test (CNBC)
- An Old Drug Tackles New Tricks: Ivermectin Treatment in Three Brazilian Towns (TrailSiteNews)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is money flowing today?
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 15 key reads for Thursday…
- GE Jumps Because the Second Half Looks Brighter (Barron’s)
- U.S. Jobless Claims Resume Drop in Sign of Gradual Improvement (Bloomberg)
- Lennar’s Earnings Show the Housing Boom Could Continue (Barron’s)
- Kanye West’s Presidential Run (New York Times)
- Why Unemployment Claims May Be Overcounted by Millions (New York Times)
- How to Make Your Wedding Proposal a Wiener (Wall Street Journal)
- UPDATE 1-White House’s Meadows says he will meet airline CEOs Thursday (Reuters)
- Fed Signals Near-Zero Rates Through 2023 (Barron’s)
- Australia’s unemployment rate falls unexpectedly (MarketWatch)
- Elon Musk’s Next Big Thing Is 40,000 Satellites Beaming Broadband (Bloomberg)
- From 1928 through 2019, an index of large-cap U.S. value stocks had a compound annual return of 11.8%, compared with 9.9% for the S&P 500 index. 4 reasons people bail out of value investing — and why they shouldn’t (MarketWatch)
- He went from multibillionaire to relatively broke and living in a small apartment — just like he planned (MarketWatch)
- How ‘Come On Eileen’ Was Really About a Girl Named Jeanette (Wall Street Journal)
- Nearly half of NYC’s rich have considered leaving, poll finds (Fox Business)
- Bodoland University Researcher Suggests In Silica Study Points to Ivermectin Promise Targeting SARS-COV-2 (TrialSiteNews)
The Scott McCreery, “In-Between” Stock Market (and Sentiment Results)…
The song we chose this week – to embody the sentiment of the stock market – is Country Star Scott McCreery’s song, “In-Between.” Continue reading “The Scott McCreery, “In-Between” Stock Market (and Sentiment Results)…”
Unusual Options Activity – Exxon Mobil Corporation (XOM)
Data Source: barchart
Today some institution/fund purchased 13,362 contracts of Jan 2020 $80 strike calls (or the right to buy 1,336,200 shares of Exxon Mobil Corporation (XOM) at $80). The open interest was just 4,217 prior to this purchase. Continue reading “Unusual Options Activity – Exxon Mobil Corporation (XOM)”