I will be on the “Claman Countdown” today – on Fox Business – just after 3pm. Tune in if you are free…
Be in the know. 10 key reads for Monday…
- Saudis Weigh Large 1M barrel/day Oil Cuts in Response to Coronavirus (Wall Street Journal)
- OPEC+ considering further 500,000 bpd oil output cut: Sources (CNBC)
- Gilead Drug to Undergo Human Trials in China to Cure Coronavirus (Bloomberg)
- Gilead Sciences (GILD) Shares Surges as Remdesivir May Be Effective in Treating Coronavirus (Street Insider)
- Experimental drug for coronavirus to be tested in Wuhan (Global Times)
- Cocktail of flu, HIV drugs appears to help fight coronavirus: Thai doctors (Reuters)
- Toronto patient with 1st confirmed case of coronavirus discharged from hospital (CityNews)
- The ‘Odd’ Part of the Economy That Baffles Steve Schwarzman (Institutional Investor)
- He Really, Really Wants to Win at Cornhole (Wall Street Journal)
- The Rotation To Value Is Inevitable (ZeroHedge)
Be in the know. 15 key reads for Sunday…
- Kobe Bryant’s Last Great Interview (YouTube)
- How Amazon Keeps Defying Gravity (New York Times)
- February’s First Trading Day: DJIA & NASDAQ up 76.2% of the Time Last 21 Years (Almanac Trader)
- ECRI Weekly Leading Index Update (Advisor Perspectives)
- Inside big tech’s quest for human-level A.I. (Fortune)
- Fed’s Clarida: U.S. economy in good place, coronavirus a ‘wildcard’ (Reuters)
- Hedge Fund and Insider Trading News: Jamie Dinan, Ray Dalio, Israel Englander, Air Products & Chemicals, Inc. (APD), Cidara Therapeutics Inc (CDTX), and More (Insider Monkey)
- The First Action-Packed ‘Fast and Furious 9’ Trailer Is Here (Men’s Journal)
- This American-Made Supercar Could Make History With a Win at Le Mans (Maxim)
- Hedge Fund Tips – Episode 15 – VideoCast. Stock Market Commentary. (ZeroHedge)
- Using Fiscal Stimulus To Stave Off A Recession (Podcast) (Bloomberg)
- The Big Question Hanging Over China’s Virus Attack: How Long Before Containment? (Barron’s)
- Barron’s Picks And Pans: Intel, Johnson & Johnson, T-Mobile And More (Yahoo! Finance)
- Why hedge funds are still searching for the next big thing (Financial Times)
- 4 Bargains to Be Found Among Stocks Hit by Coronavirus Fears (Barron’s)
Exploration & Production Sector (XOP) – Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Exploration & Production Sector (XOP). I have columns for what the 2020 estimates were: 12/4/2019 and today. Continue reading “Exploration & Production Sector (XOP) – Earnings Estimates/Revisions”
Quote of the Day…
Insider Buying in Unifi, Inc. (UFI)
Unusual Options Activity – ViacomCBS Inc. (VIAC)
Data Source: barchart
Yesterday some institution/fund purchased 3,957 contracts of Jan 2021 $27.50 strike calls (or the right to buy 395,700 shares of ViacomCBS Inc. (VIAC) at $27.50). The open interest was just 711 prior to this purchase. Continue reading “Unusual Options Activity – ViacomCBS Inc. (VIAC)”
Be in the know. 10 key reads for Saturday…
- 4 Bargains to Be Found Among Stocks Hit by Coronavirus Fears (Barron’s)
- James Bond’s favorite car maker Aston Martin gets rescue investor (New York Post)
- UK formally leaves the European Union and begins Brexit transition period (CNBC)
- What Third Point Is Worried About in 2020 (Institutional Investor)
- S&P 500 wipes out gain for the year on coronavirus fears (Financial Times)
- The Inner Game: Why Trying Too Hard Can Be Counterproductive (Farnam Street)
- How Warren Buffett Made 50% Returns During His Partnership Days | Warren Buffett’s Investment Strategy Explained (Macro-Ops)
- Eight Things I Never Knew About Jack Dorsey (Ramp Capital)
- Ray Dalio Is Still Driving His $160 Billion Hedge-Fund Machine (WSJ)
- Drugmakers Are Racing to Develop a Coronavirus Vaccine (Barron’s)
HFT VideoCast – Stock Market Commentary and Weekly Recap – Episode 15
Article referenced in VideoCast above:
The “‘Great Wall’ of Worry” Stock Market (and Sentiment Results)…
2020 EPS Estimates Up Modestly
Data Source: FactSet
A few notes on earnings this week… Continue reading “2020 EPS Estimates Up Modestly”