Be in the know. 15 key reads for Saturday…

  1. It’s Time to Build a Stake In Caterpillar (Barron’s)
  2. Wells Fargo Agrees to Pay $3 Billion to Settle Fake-Account Claims (Barron’s)
  3. Stocks Drop on the Week but Still Look Bubbly. Time to Prepare for a Correction. (Barron’s)
  4. What the E*Trade Deal Tells You About the New Investing Game (Wall Street Journal)
  5. Hot Wheels launches Cybertruck toy — with optional cracked window (New York Post)
  6. America’s Coal Country Isn’t Dead — It’s Preparing for a Comeback (Bloomberg)
  7. Warren Buffett just became the longest-serving CEO of an S&P company. Take a look inside his incredible life and career. (Business Insider)
  8. Richard Branson launches his luxury, adults-only cruise ship (CNN Business)
  9. Richard Turner — The Magical Phenom Who Will Blow Your Mind (#411) (Tim Ferriss Podcast)
  10. Yale Activists Want Divestment. David Swensen Isn’t Budging. (Institutional Investor)
  11. Election Year March: Performance Haunted By Steep 1980 Declines (Almanac Trader)
  12. In next downturn, Fed may opt for quick, strong action (Reuters)
  13. 30 Most Popular Stocks Among Hedge Funds: 2019 Q4 Rankings (Insider Monkey)
  14. Maserati’s New Mid-Engine Supercar Is Called the MC20 and It’s Coming This Spring (Robb Report)
  15. Where to Eat, Drink, Stay and Play in the Maldives (Maxim)

Unusual Options Activity – Occidental Petroleum Corporation (OXY)

Data Source: barchart

Today some institution(s)/fund(s) purchased 10,614 contracts of Sept $42.5-47.5 strike calls (or the right to buy 1,061,400 shares of Occidental Petroleum Corporation (OXY) at ($42.5-47.5). Continue reading “Unusual Options Activity – Occidental Petroleum Corporation (OXY)”

Be in the know. 10 key reads for Friday…

  1. Why Warren Buffett Was Right to Scarf Up Kroger Stock (Barron’s)
  2. Cabbies worry as hedge fund snaps up taxi medallions (New York Post)
  3. Prices for Corn, Other Farm Commodities Have Taken a Dip. It’s a Chance to Buy. (Barron’s)
  4. The Best Online Brokers for 2020 (Barron’s)
  5. Deere Smashes Earnings. The Stock Is Soaring. (Barron’s)
  6. Buffett watchers await word on whether the ‘Oracle of Omaha’ is close to finding his ‘elephant’ (CNBC)
  7. Mom and Pop Are On Epic Stock Buying Spree Fueled by Free Trades (Bloomberg)
  8. Wells Fargo close to roughly $3 billion settlement that would end probes into sales practices (Business Insider)
  9. Fed’s Bostic says ‘we won’t have to do anything’ on interest rates (CNBC)
  10. Fed’s Bullard says market expectations for rate cut will fade as coronavirus fear eases: CNBC (Reuters)

 

 

Be in the know. 10 key reads for Thursday…

  1. The ‘Short Term’ 10:3 (Risk to Reward) Stock Market (Hedge Fund Tips)

  2. Oil Prices May Have Anticipated the Magnitude of Coronavirus. Here’s What They Say Will Happen Next. (Barron’s) 

  3. Strong Home-Building Momentum Kept Rolling in January (Barron’s) 

  4. Fed Minutes Show Comfort With Economy, Rate Stance Last Month (Wall Street Journal) 

  5. Oil Prices Rise After U.S. Sanctions Rosneft Unit (Wall Street Journal) 

  6. Morgan Stanley Adds Discount Broker in $13 Billion E*Trade Deal (Bloomberg)

  7. Goldman Sachs Analysts Very Bullish on 3 Top Energy Stocks (24/7 Wall Street) 

  8. DNA tests may soon reveal the optimal diet for your body — down to the variety of lettuce you should be eating (MarketWatch) 

  9. How many jobs have been created since Tax Cuts and Jobs Act took effect (Fox Business)

  10. 7-Eleven owner in talks to buy Speedway operations in US for $22bn (Financial Times)

The ‘Short Term’ 10:3 (Risk to Reward) Stock Market

For those of you who have followed us for some time, you know we have been putting out bullish notes since the August 2019 lows.  You can review each weekly note under the “Sentiment” category of the site.  We called for the end of year “melt-up” just a few weeks after the 2/10 yield curve inverted in early August 2019. Continue reading “The ‘Short Term’ 10:3 (Risk to Reward) Stock Market”