Be in the know. 7 key reads for Thursday…

  1. Gilead Sciences (GILD) Initiates Two Phase 3 Studies of Remdesivir for Treatment of COVID-19 (Street Insider)
  2. Wait for these signals to buy coronavirus-battered stocks, says BNY Mellon strategist (MarketWatch)
  3. The US-China trade war unintentionally prepared companies for coronavirus (Yahoo Finance)
  4. Wall Street and Atlanta Federal Reserve don’t agree on GDP (New York Post)
  5. TikTok Marketers Chase Billions of Views in Uncharted Terrain (Bloomberg)
  6. Big Oil Price Jump Predicted By Report If Fracking Ends In US (Benzinga)
  7. 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)”

Be in the know. 10 key reads for Wednesday…

  1. Shale Activist Hunts for New Target in ‘Uninvestable’ Sector (Bloomberg)
  2. Coronavirus Is Roughing Up the Market. Why It’s Time to Refinance Your Mortgage. (Barron’s)
  3. Disney’s New CEO Is a Theme Park Whiz Who Gets Hollywood, Too (Barron’s)
  4. Every Adult in Hong Kong to Get Cash Handout of $1,284 (Bloomberg)
  5. New Chinese billionaires outpace U.S. by 3 to 1: Hurun (Reuters)
  6. $45 Billion: That’s What This Study Says Pensions Lost in Private Equity Gains (Institutional Investor)
  7. Junk bond spreads surge as investors consider virus risks (Financial Times)
  8. Lowe’s Reports Q4 Earnings Beat (Benzinga)
  9. Why one quantitative analyst says stocks may have seen their ‘darkest day’ (MarketWatch)
  10. New Cases Drop in China as Virus Spreads Globally (Wall Street Journal)

Be in the know. 10 key reads for Tuesday…

  1. Libya Oil Shut-In Cost Nation Over $2 Billion Since January (Bloomberg)
  2. Gilead’s Drug Leads Global Race for Coronavirus Treatment (Bloomberg)
  3. No OPEC Decision Yet on Oil Cuts, Saudi Energy Minister Says (Bloomberg)
  4. Breaking Down the Buffett Formula: Berkshire Hathaway’s Returns by the Numbers (Barron’s)
  5. He Went to a Hockey Game Expecting Dinner. He Wound Up Getting the Win. (Wall Street Journal)
  6. Supreme Court Seems Ready to Back Pipeline Across Appalachian Trail (New York Times)
  7. OPEC hasn’t run out of ideas, Saudi energy minister insists as oil prices slump (CNBC)
  8. Natural gas is crushing wind and solar power — Why isn’t anyone talking about it? (Fox Business)
  9. Conspiracy Theorists Ask ‘Who Owns the New York Fed?’ Here’s the Answer. (Institutional Investor)
  10. Krispy Kreme launches ‘national doughnut delivery’ starting Feb. 29 (USA Today)