On April 27, 2020, Elizabeth Flynn – Director of Webster Financial Corporation (WBS) – purchased 8,000 shares of WBS at $26.25. Her out of pocket cost was $210,010.
Where is money flowing today?
Hedge Fund Trade Tip (PMN) – Position Management Notification
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 30 key reads for Tuesday…
- Pfizer Earnings, Sales Top; Dow Jones Drug Giant Rises (Investor’s Business Daily)
- Chevron Stock Could Have a Record Month (Barron’s)
- Investors to Get a Peek at Buffett’s Potential Successor (Barron’s)
- The Fed Made It Easier for Municipalities to Borrow (Barron’s)
- Caterpillar’s Earnings Missed Expectations. The Stock Is Rising Anyway. (Barron’s)
- Best Movies You Can Stream at Home This Week (24/7 Wall Street)
- Pfizer said sales of Eliquis, hospital products rose in Q1 on COVID-19 demand (MarketWatch)
- No Junk Debt Is Too Risky: How Fed’s Action Changed Everything (Bloomberg)
- Tesla asks employees to return to work before coronavirus lockdown ends (New York Post)
- Warren Buffett to answer questions online at Berkshire Hathaway’s annual meeting Saturday (USA Today)
- Texas Is Open, California’s Closed and States Go Their Own Way (Bloomberg)
- Warren Buffett will soon tell us what he really thinks about stocks, investing and the coronavirus pandemic (MarketWatch)
- 3M’s Earnings Were Strong. Health Care, Masks Boosted Sales. (MarketWatch)
- Fed has simple goal this week — project confidence in face of the unknown (MarketWatch)
- PepsiCo adjusted earnings rise as consumers stock up, but company yanks outlook (CNBC)
- Confused by the tax implications of the CARES Act? Here’s a breakdown. CNBC)
- Allbirds debuts its first running shoe. To succeed, it must face rivals like Nike—and a pandemic (CNBC)
- One group of small-cap stocks could outperform, Oppenheimer says (CNBC)
- Raymond James Has 5 Stocks to Buy Now If We Have a Snapback V Recovery (24/7 Wall Street)
- This is Still an Election Year (Almanac Trader)
- The most important chart to support an economic re-opening (Yahoo! Finance)
- Secret group of billionaires, scientists work to find modern A-bomb for virus (Fox Business)
- The Value Investor Who Sold Lysol Stock — And Bought Oil (Institutional Investor)
- How Kim’s sister could be next in line to rule North Korea (Financial Times)
- Warren Buffett offers his 2 best pieces of advice for aspiring young investors (Yahoo! Finance)
- Opinion: Investors have $5.1 trillion hiding out in the shares of five companies, which will be tested this week (MarketWatch)
- Coronavirus Relief Often Pays Workers More Than Work (Wall Street Journal)
- ‘Trolls World Tour’ Breaks Digital Records and Charts a New Path for Hollywood (Wall Street Journal)
- Consensus Is Emerging That Children Are Less Vulnerable to Coronavirus (Wall Street Journal)
- Japan’s Coronavirus Cases Fall Sharply Without Compulsory Measures (Wall Street Journal)
Unusual Options Activity – Hertz Global Holdings, Inc. (HTZ)
Data Source: barchart
Today some institution/fund purchased 10,331 contracts of Jan 2022 $3 strike calls (or the right to buy 1,033,100 shares of Hertz Global Holdings, Inc. (HTZ) at $3). The open interest was just 597 prior to this purchase. Continue reading “Unusual Options Activity – Hertz Global Holdings, Inc. (HTZ)”
Insider Buying in Webster Financial Corporation (WBS)
Where is money flowing today?
Be in the know. 20 key reads for Monday…
- Global Stocks Climb on Central Bank and Reopening Hopes (Barron’s)
- British stocks join global rally as Johnson returns to work (MarketWatch)
- U.S. Debates How Quickly It Can Reopen (Wall Street Journal)
- DraftKings shares surge as company goes public despite sports shutdown (New York Post)
- Coronavirus: Steven Mnuchin says economy will rebound over the summer (USA Today)
- Cuomo Announces Phased Plan to Reopen New York; Deaths Drop (Bloomberg)
- Private Equity Firms Fight for Lifeline Deals in Buffett-Goldman Redux (Bloomberg)
- Goldman Says Narrow Breadth in S&P 500 a Bad Sign for Stocks (Bloomberg)
- ‘One of the most ridiculous deals that I’ve ever seen’: Carl Icahn blasted Occidental Petroleum’s $10 billion financing from Warren Buffett again (Business Insider)
- Wall Street Quants Are Turning Their Skills to the Virus Fight (Bloomberg)
- Berkshire Investors Will Get to Quiz Buffett, Abel at Annual Meeting Bloomberg)
- Despite Market Carnage, Arena Sees Opportunity in Airlines, Oil, and Gas (Institutional Invvestor)
- How Jamie Dimon went from getting fired to becoming a banking leader (Fox Business)
- How Fed Intervention Saved Carnival (Wall Street Journal)
- ‘The Soul of an Entrepreneur’ Review: Doing It for Themselves (Wall Street Journal)
- The Doctor Will Zoom You Now (Wall Street Journal)
- Investors Eye Fed Emergency Lending Program That Brought Rich Returns in 2009 (Wall Street Journal)
- Barron’s Picks And Pans: Albertsons, Carnival, Harley-Davidson And More (Yahoo! Finance)
- Some States Ease Lockdowns (Wall Street Journal)
- Pandemic Triggers a Wave of Distress (Wall Street Journal)
Be in the know. 20 key reads for Sunday…
- The Next Round of Bailouts Will Name Names (New York Times)
- For charitable givers, CARES Act offers big tax breaks (InvestmertNews)
- Big Biotechs Make a Big Statement (StockCharts)
- Time to Consider Herd Immunity For New York City And The Rest Of The Country (Insider Monkey)
- ECRI Weekly Leading Index Update: WLIg Inches Up (Advisor Perspectives)
- John Cena Is Just Getting Started (Men’s Journal)
- Jerry Seinfeld Spoofs James Bond in Netflix Trailer for ’23 Hours To Kill’ (Maxim)
- Bugatti Divo Will Be Delivered This Year (TheDrive)
- Chris Whalen on PPP Loans (Podcast) (Bloomberg)
- Pennsylvania’s Comeback from Coronavirus Shutdowns Could Determine the Outcome of the 2020 Presidential Race (Manhattan Institute)
- When Is It Safe To Ease Social Distancing? Here’s What One Model Says For Each State (NPR)
- How The Fed Fights Coronavirus (NPR Planet Money)
- Explore the Fascinating History of Soul Food (Mental Floss)
- Why Exercise Is So Good For You (Scientific American)
- How The Crisis Pushed The Fed Into New Territory (Podcast) (Bloomberg)
- Trump: Apple CEO sees coronavirus V-shaped economic recovery (Fox Business)
- Sweden keeping open during coronavirus protects its economy (Fox Business)
- Apple and Google’s new contact tracing tool is almost ready. Just don’t call it a contact tracing tool. (recode)
- Phased Opening for NYSE Floor Talked (Traders Magazine)
- The New Koenigsegg Gemera: The World’s First, Four-Seater Mega-GT (JustLuxe)