Be in the know. 20 key reads for Saturday…

  1. Leon Cooperman – Looking For More For Less (Podcast)
  2. Illusion of Transparency: Your Poker Face is Better Than You Think (Farnam Street)
  3. Hedge Fund and Insider Trading News: David Einhorn, Ken Fisher, Tom Steyer, Jim Simons, QAD Inc. (QADA), Chesapeake Energy Corporation (CHK), and More (Insider Monkey)
  4. Carl Icahn Renews Attack on Occidental Petroleum (Barron’s)
  5. Elon Musk Is in a Twitter Fight With Hedge Fund. Both Sides Could Be Right. (Barron’s)
  6. Joe Biden allies are worried that a Mike Bloomberg candidacy could clinch the nomination for Elizabeth Warren (CNBC)
  7. Get ready for another Santa Claus rally: Fundstrat’s Tom Lee (MarketWatch)
  8. Kolanovic Says Value Renaissance Will Live Beyond Short Covering (Bloomberg)
  9. Trump Advisers Want to Get WiFi, Amazon Deliveries in National Parks (Futurism)
  10. Michael Bloomberg Earned $48 Billion and Eternal Adoration From Wall Street. But Does Anyone Else Want Him to Be President? (Institutional Investor)
  11. Is Buying Stocks at an All-Time High a Good Idea? (Meb Faber)
  12. The Four Most Important Market Indicators (The Reformed Broker)
  13. Why You Shouldn’t Bet Against Warren Buffett (Forbes)
  14. the rolls-royce cullinan uses 1344 lights to create ‘starry sky’ effect inside (designboom)
  15. How Billionaire Jim Simons Learned To Beat The Market—And Began Wall Street’s Quant Revolution (Forbes)
  16. ECRI Weekly Leading Index Update (Advisor Perspectives)
  17. The American Dream And The Children Of Immigrants (NPR Planet Money)
  18. How Seriously Should We Take Michael Bloomberg’s Potential 2020 Run? (FiveThirtyEight)
  19. Boys Will Be Boys in “Ford v Ferrari” (The New Yorker)
  20. Why The Repo Markets Went Crazy (Podcast) (Bloomberg)

Unusual Options Activity – Occidental Petroleum Corporation (OXY)

Data Source: barchart

Today some institution/fund purchased 13,839 contracts of December $42.50 strike calls (or the right to buy 1,383,900 shares of Occidental Petroleum Corporation (OXY) at $42.50). The open interest was just 2,067 prior to this purchase. Continue reading “Unusual Options Activity – Occidental Petroleum Corporation (OXY)”

Be in the know. 10 key reads for Friday…

  1. Chesapeake Energy’s CEO, chairman buy stock on the dip below $1 (MarketWatch)
  2. It’s Showtime for Streaming. What’s Ahead for Netflix, Disney, and Apple. (Barron’s)
  3. If You Can Take the Risk, Take on Chesapeake (TheStreet)
  4. Cliff Asness: It’s ‘Time to Sin’ (Institutional Investor)
  5. Active Equity Managers Actually Do Generate Alpha. Here’s How They Squander It. (Institutional Investor)
  6. The Katy Perry “Hot ‘N Cold” Stock Market (and Sentiment Results) (Hedge Fund Tips)
  7. Epic Meltdowns. Vicious Arguments. Jim Simons’ Renaissance Made Him Billions – But It Came at a Price. (Institutional Investor)
  8. Carried Interest Warning From Court May Be Trouble for Treasury (Bloomberg)
  9. Kanye West Says Yeezy Line to Be Made In America ()
  10. Teva Pharmaceutical Is in Recovery ()