Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 13 key reads for Thursday…
- Carl Icahn Boosts Occidental Stake to Almost 10% as Shares Plummet (Wall Street Journal)
- Can Gilead’s Virus Test Results Cure Broader Stock Market Woes? (Investor’s Business Daily)
- Let’s Talk About Coronavirus Bailouts, Before We Need Them (New York Times)
- Stocks Plunge With Virus Response Missing Mark (Bloomberg)
- 21 Stocks To Buy In a Virus Economy (Barron’s)
- Markets Are in Turmoil. Buy These Stocks, Jefferies Says (Barron’s)
- The losers — and even bigger losers — of an oil price war between Saudi Arabia and Russia (CNBC)
- Here’s how Invesco’s top strategist says long-term investors should navigate this market panic (MarketWatch)
- Buffett and Occidental: We’ve Seen This Movie Before (Wall Street Journal)
- Oil Price Shock on Top of Coronavirus Compounding Sovereign Credit Risks (24/7 Wall Street)
- ECB approves fresh stimulus for reeling economy but keeps rates steady (Reuters)
- Private Equity Firms Won’t Waste Another Crisis (Institutional Investor)
- What Warren Buffett thinks of his Occidental investment after shares crashed with oil prices (Yahoo! Finance)
The “Sky is Falling” Stock Market? (and Sentiment Results)…
I went on Yahoo! Finance yesterday immediately following the “Bankers Meeting” at the White House. What is happening with Coronavirus and OPEC+ is serious. However, there are some stocks Continue reading “The “Sky is Falling” Stock Market? (and Sentiment Results)…”
Yahoo! Finance TV Appearance on Wednesday (Video)
Watch the segment directly on Yahoo! Finance Here
Highlight: “We were buying some stocks today,†@HedgeFundTips says. “When you see such a quick, fast dislocation, you take the amount of cash that you wanna put to work and you break it up into 5 or 10 different slugs.†Talks about Pfizer, Berkshire Hathaway and Wells Fargo. pic.twitter.com/2JvODQm1wk
— Yahoo Finance (@YahooFinance) March 11, 2020
Unusual Options Activity – Exxon Mobil Corporation (XOM)
Data Source: barchart
Today some institution/fund purchased 1,000 contracts of Oct $50 strike calls (or the right to buy 100,000 shares of Exxon Mobil Corporation (XOM) at $50). The open interest was just 600 prior to this purchase. Continue reading “Unusual Options Activity – Exxon Mobil Corporation (XOM)”
Insider Buying in Range Resources Corporation (RRC)
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 10 key reads for Tuesday…
- What Benjamin Graham Would Tell You to Do Now: Look in the Mirror (Wall Street Journal)
- China’s Stocks Have Recouped Most CoronavirusStocks to Buy Amid the Selloff (Barron’s)
- U.S. Consumers Just Got a $725 Billion Windfall. Here’s How. (Barron’s)
- Coronavirus Is Bad — and Good — for Biotech Stocks (Barron’s)
- How China Slowed Coronavirus: Lockdowns, Surveillance, Enforcers (Wall Street Journal)
- Inside Saudi Arabia’s Decision to Launch an Oil-Price War (Wall Street Journal)
- Here’s why people are panic buying and stockpiling toilet paper (CNBC)
- The Bank of England cut rates by 0.5% in an emergency coronavirus response, mirroring the Fed. Business Insider)
- China’s Stocks Have Recouped Most Coronavirus Losses. Key Points to Watch for the U.S. (Barron’s)
- Goldman Sachs analyzed bear markets back to 1835, and here’s the bad news — and the good — about the current slump (MarketWatch)