Hedge Fund Trade Tip (PCN) – Position Completion Notification
Where is money flowing today?
Be in the know. 10 key reads for Thursday…
- Warren Buffett just plowed $800 million into Bank of America, boosting his stake to over 11% (Business Insider)
- Stock-market timing guru Tom Demark says S&P 500 will see 3,500 before peaking (MarketWatch)
- Here’s how — and when — the major U.S. sports leagues are returning during the pandemic (MarketWatch)
- Pfizer Will Charge the U.S. $19.50 a Dose for Its Covid-19 Vaccine (Barron’s)
- Record-Low Mortgage Rates Fuel a Jump in Home Sales (Wall Street Journal)
- A ‘fast and violent’ rally awaits in cyclical stocks, and it won’t take a vaccine to cause it, one strategist says (MarketWatch)
- The U.S. Dollar’s Overwhelming Role in a Crisis (Wall Street Journal)
- PulteGroup (PHM) Tops Q2 EPS by 28c, Revenues Beat (StreetInsider)
- Senate GOP, White House reach tentative $1 trillion pact to break coronavirus aid logjam (CNBC)
- U.S. Existing-Home Sales Rose 20.7% in June (Wall Street Journal)
The Old Dominion, “One Man Band” Stock Market (and Sentiment Results)…
The song I have chosen this week to represent the mood of the Stock Market is, “One Man Band” by Old Dominion. Continue reading “The Old Dominion, “One Man Band” Stock Market (and Sentiment Results)…”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is money flowing today?
Be in the know. 5 key reads for Wednesday…
- U.S. government taps Pfizer to produce millions of doses of potential coronavirus vaccine (CNBC)
- Weekly mortgage demand from homebuyers jumps even higher, up 19% annually (CNBC)
- Bill Ackman and Tontine Holdings rewrite the terms for SPACs (CNBC)
- Fed Deliberates How and When to Roll Out More Economic Support (Wall Street Journal)
- What did people say about wearing masks in the 1918 pandemic? It sounds familiar (Miami Herald)
Unusual Options Activity – Royal Dutch Shell plc (RDS-B)
Data Source: barchart
Today some institution/fund purchased 1,238 contracts of Jan 2022 $20 strike calls (or the right to buy 123,800 shares of Royal Dutch Shell plc (RDS-B) at $20). The open interest was just 141 prior to this purchase. Continue reading “Unusual Options Activity – Royal Dutch Shell plc (RDS-B)”