- Alibaba’s Ant Group files for blockbuster dual listing in Hong Kong, Shanghai (Reuters)
- Paul Ryan-chaired Executive Network Partnering sets IPO terms with plan to raise about $300 million (MarketWatch)
- U.S. Stock Market Bulls From UBS to BofA See More Gains Ahead (Bloomberg)
- Why 5 Legacy Tech Dividend Stocks May Be the Best Buys Now (24/7 Wall Street)
- U.S., China reaffirm commitment to Phase 1 trade deal in phone call (Reuters)
- UFC’s Dana White, a $1M Trump donor, gets key RNC speaker slot (Fox Business)
- Opinion: Exxon getting booted from the Dow Jones Industrial Average may be a blessing in disguise for its investors (MarketWatch)
- Gilead’s Remdesivir-Like Compound To Be Studied By NIH For Efficacy Against COVID-19 (Benzinga)
- Steve Cohen out to gobble up Hollywood big fish with new management company (New York Post)
- Salesforce, Amgen and Honeywell added to Dow in major shake-up to the average (CNBC)
- 4 Energy Stocks Left Behind in the Rally With Strong Balance Sheets (MarketWatch)
- Home prices show signs of recovery, rising 4.3% in June, according to Case-Shiller index (CNBC)
- More than half of states are now approved for the extra $300 per week in unemployment insurance (CNBC)
- Powell set to deliver ‘profoundly consequential’ speech, changing how the Fed views inflation (CNBC)
- Big Pharma Needs a Covid-19 Vaccine to Redeem Its Reeling Reputation (Bloomberg)
- 10 Cheap, Overlooked Stocks With Plenty of Upside (Barron’s)
- New Thinking on Covid Lockdowns: They’re Overly Blunt and Costly (Wall Street Journal)
- Oil Companies Brace for Twin Gulf Coast Storms (Wall Street Journal)
DOW + (10 S&P 500 top weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the DOW 30 PLUS 10 of the S&P 500 top 30 weights [that are not either included in the DOW 30 or in the top 30 weights of the Nasdaq]. Continue reading “DOW + (10 S&P 500 top weights) Earnings Estimates/Revisions”
Unusual Options Activity – Gilead Sciences, Inc. (GILD)
Data Source: barchart
Today some institution/fund purchased 2,176 contracts of Feb 2021 $90 strike calls (or the right to buy 217,600 shares of Gilead Sciences, Inc. (GILD) at $90). The open interest was 945 prior to this purchase. Continue reading “Unusual Options Activity – Gilead Sciences, Inc. (GILD)”
Insider Buying in Bank of Hawaii Corporation (BOH)
Where is money flowing today?
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Tom Hayes – Quoted in Reuters article – 8/24/2020
Thanks to Medha Singh and Devik Jain for including me in their article on Reuters today. You can find it here:
Be in the know. 20 key reads for Monday…
- Stock Market Soars on FDA News (Barron’s)
- Market timing when ‘clocks have no hands’ — Warren Buffett’s warning is as relevant now as it was in 2000 (MarketWatch)
- M&A Was Dead. Why It’s Come Roaring Back. (Barron’s)
- AstraZeneca stock climbs on reports Trump considering fast-tracking COVID-19 vaccine (MarketWatch)
- Antibody Drugs Advancing to Fill Covid-19 Treatment Gap (Wall Street Journal)
- Why Steve Cohen’s SEC history shouldn’t hurt his Mets bid (New York Post)
- Blackstone Gains $5 Billion on Cheniere LNG Stake (Bloomberg)
- China’s Vaccine Front-Runner Aims to Beat Covid the Old-Fashioned Way (Bloomberg)
- These areas of the cyclical trade are set to outperform, $114 billion money manager says (CNBC)
- Opinion: These 15 stocks are ready to ride the bull market’s next leg up (MarketWatch)
- Russell Crowe’s ‘Unhinged’ off to a decent start as U.S. theaters slowly reopen (CNBC)
- What Is Covid-19 Convalescent Plasma? (Wall Street Journal)
- Intel (INTC) Initiates $10 Billion Accelerated Share Repurchase Agreements (StreetInsider)
- 5 Blue Chip Stocks to Buy Now That Pay a 6% or Higher Dividend (24/7 Wall Street)
- ‘Opportunity zones’ drew $75B in private investment in 2 years, White House says (Fox Business)
- Municipality of Lucknow in UP India Now Distributes Free Ivermectin via Kiosks to Treat COVID-19 (TrialSiteNews)
- S&P 500, Nasdaq set to hit new highs on COVID-19 treatment hopes (Reuters)
- This Market Is a Tech Market. If Bond Yields Rise, Watch Out. (Wall Street Journal)
- The Lionel Richie “Dancing on the Ceiling” Stock Market (and Sentiment Results)… (ZeroHedge)
- Schwarzman’s Blackstone buys Japanese drugs subsidiary (Fox Business)
Be in the know. 10 key reads for Sunday…
- ECRI Weekly Leading Index Update (Advisor Perspectives)
- Survey of India’s 9th-largest city finds COVID antibodies in 52% of the population (Fortune)
- This Bonkers New 314-Foot Expedition Yacht Has a Lounge That’s Half Submerged in Water (Robb Report)
- The U.A.E. and Israel Agree to Terms That Could Mean a Boom in Tourism (Architectural Digest)
- Watch A Foul Ball Hit A Teddy Bear Smack In The Head (DIGG)
- Williams Formula 1 Team Sold to American Investment Firm (The Drive)
- ‘Tenet’ is a time-bending spy thriller that makes the audience work hard (Mashable)
- Making the Middle Class Great Again (NPR Planet Money)
- The CEO of a $1.4 Billion REIT Explains Housing (Podcast) (Bloomberg)
- Comporta, Portugal May Be The Best Place On Earth (Luxuo)
Be in the know. 20 key reads for Saturday…
- US home sales hit a 14-year high amid coronavirus pandemic (New York Post)
- Wyndham Stock Is Well Positioned to Ride Out Pandemic (Barron’s)
- 5 New Stocks That Are Hedge Funds’ Favorites (Barron’s)
- The Fed May Have to Do More to Keep the Economy on Track. Here’s What Could Come Next. (Barron’s)
- The Next Big Test for the Economy: Getting America Back to School (Barron’s)
- Michael Eisner Bought Up IAC/InterActiveCorp Stock (Barron’s)
- Covid-19 Pay Cuts Coming to an End at Some Companies (Wall Street Journal)
- New Antibody Tests Offer Better Snapshot of Covid-19 Immunity (Bloomberg)
- Baupost Collects $3 Billion Wagering on PG&E’s Wildfire Claims (Bloomberg)
- Kanye West Off Ballot in Five States, Easing Risk to Biden (Bloomberg)
- BJ’s is adding a ton of new members to its roster, and many are young and digitally-savvy (MarketWatch)
- Home-Improvement Stocks Stay the Course Amid Nesting During Covid-19 (Wall Street Journal)
- Ben Affleck Will Return as Batman in The Flash (Vanity Fair)
- Florida Is Releasing Almost a Billion Gene-Hacked Mosquitoes (Futurism)
- A Conversation about Buffett, Berkshire & High-Quality Shareholders w/ Professor Lawrence Cunningham (Excess Returns)
- The Observer Effect: Seeing Is Changing (Farnam Street)
- Rob Arnott Weighs In On the Impact Of Fiscal And Monetary Policy On The Economy (TD Ameritrade Network)
- September Almanac: Only Modest Improvement in Election Years (Almanac Trader)
- The Inside Story Of Robinhood’s Billionaire Founders, Option Kid Cowboys And The Wall Street Sharks That Feed On Them (Forbes)
- 30 Most Popular Stocks Among Hedge Funds: 2020 Q2 Rankings (Insider Monkey)