-
Gilead Sciences (GILD) Initiates Two Phase 3 Studies of Remdesivir for Treatment of COVID-19 (Street Insider)
-
OPEC Prepares to Tackle the Coronavirus Fallout for Oil Prices (Barron’s)
-
Coronavirus Is Punishing Airline Stocks. It Might Be an Opportunity to Buy. (Barron’s)
-
Ex-Fed Gov Warsh sees coordinated global central bank action soon in response to COVID-19 (CNBC)
-
Saudis seek bigger oil cut as coronavirus slashes demand (Financial Times)
- Opinion: Stocks’ plunge through a key support level could set up a quick market rebound (MarketWatch)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Insider Buying in Kinder Morgan, Inc. (KMI)
Where is money flowing today?
Quote of the Day…
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 7 key reads for Thursday…
- Gilead Sciences (GILD) Initiates Two Phase 3 Studies of Remdesivir for Treatment of COVID-19 (Street Insider)
- Wait for these signals to buy coronavirus-battered stocks, says BNY Mellon strategist (MarketWatch)
- The US-China trade war unintentionally prepared companies for coronavirus (Yahoo Finance)
- Wall Street and Atlanta Federal Reserve don’t agree on GDP (New York Post)
- TikTok Marketers Chase Billions of Views in Uncharted Terrain (Bloomberg)
- Big Oil Price Jump Predicted By Report If Fracking Ends In US (Benzinga)
- As China’s Economy Suffers, Xi Faces Pressure to Lift Virus Restrictions (Wall Street Journal)
The “Curb Your Enthusiasm” Stock Market
In last week’s note, “The 10:3 (Risk to Reward) Stock Market” we made the case that while there was limited upside, the downside risks had increased materially. You can review it here: Continue reading “The “Curb Your Enthusiasm” Stock Market”
Unusual Options Activity – The Walt Disney Company (DIS)
Data Source: barchart
Today some institution/fund purchased 1,238 contracts of June 2021 $120 strike calls (or the right to buy 123,800 shares of The Walt Disney Company (DIS) at $120). The open interest was just 737 prior to this purchase. Continue reading “Unusual Options Activity – The Walt Disney Company (DIS)”