Tag: Energy

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)”

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”

Be in the know. 20 key reads for Wednesday…

  1. Leon Cooperman says the market has become too pessimistic on energy stocks, too euphoric on Tesla (CNBC)
  2. Junk bond king’s pardon ‘is spectacular’ for Wall Street (Financial Times)
  3. Record Wall Street rally triggers boom in options (Financial Times)
  4. Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios (Benzinga)
  5. The Michael Milken Project (Institutional Investor)
  6. ‘Very Big Trade Deal’ With India In Progress Ahead Of Visit, Trump Says (Benzinga)
  7. Building Permits Surge To 13 Year Highs Thanks To Warm Weather In Northeast (ZeroHedge)
  8. China’s virus-hit industrial cities start to ease curbs, restore production (Reuters)
  9. Oil up on slowing pace of coronavirus, Venezuela sanctions (Reuters)
  10. It’s Michael Milken’s World. The Rest of Us Just Live in It. (Barron’s)
  11. Hedge Funds Keep Backpedaling From S&P 500’s Biggest Winners (Bloomberg)
  12. What Warren Buffett Might Tell Investors in His Annual Letter This Week (Barron’s)
  13. Gilead’s Coronavirus Drug Trial Slowed by Lack of Eligible Recruits (Wall Street Journal)
  14. Fed’s Balance Sheet Dominates What to Watch For in FOMC Minutes (Bloomberg)
  15. Why Teva’s Grand Turnaround Could Just Be Getting Started (24/7 Wall Street)
  16. Pound Climbs After Inflation Tempers Risk of a Rate Cut (Bloomberg)
  17. SoftBank plans to borrow up to $4.5 billion using its domestic telecom’s shares as collateral. (Business Insider)
  18. Billionaire investor Leon Cooperman ramps up his criticism of Bernie Sanders, calling him a ‘bigger threat’ to the stock market than coronavirus (Business Insider)
  19. February Bank of America Global Fund Manager Survey Results (Summary) (Hedge Fund Tips)
  20. It’s never been this hard for companies to find qualified workers (CNBC)

February Bank of America Global Fund Manager Survey Results (Summary)

Data Source: Bank of America

Each month, Bank of America conducts a survey of ~200 fund managers with > $600B AUM.  Here are the key takeaways from the survey published on Feb 18, 2020: Continue reading “February Bank of America Global Fund Manager Survey Results (Summary)”

Be in the know. 12 key reads for Friday…

  1. Top financiers want Biden to drop out so Bloomberg can win: ’He has no chance’ (Fox Business)
  2. Oil prices steady but set for weekly gain on supply cut optimism (Business Insider)
  3. How a Small-Cap Fund Finds Exceptional Growth Overseas (Barron’s)
  4. Labor Force Participation Rate Mystery: Why Have So Many Americans Stopped Working? (Investor’s Business Daily)
  5. Veteran strategist eyes health care and financials in anticipation of ‘choppy and frustrating’ markets (MarketWatch)
  6. FC’s celebrity investors have a chokehold on $300M dividend (New York Post)
  7. Judy Shelton, Trump’s Fed Nominee, Faces Bipartisan Skepticism (New York Times)
  8. Doubting America Can Cost You a Lot of Money (Bloomberg)
  9. EXCLUSIVE: Kudlow reveals when middle class can expect ‘tax cuts 2.0’ (Fox Business)
  10. Investor complacency sets in while coronavirus spreads (Financial Times)
  11. Warren Buffett loves using Valentine’s Day to explain why See’s Candies is his ‘dream business’ (Business Insider)
  12. Value Investing’s Time to Shine Again Is Approaching (Bloomberg)

Be in the know. 10 key reads for Thursday…

  1. Eight Stocks Wall Street Loves for Valentine’s Day (Barron’s)
  2. What Denny’s CEO Tells Himself In The Mirror Every Day (Investor’s Business Daily)
  3. Charlie Munger Talks About Chinese Companies, Poor Investment Choices, And Why He Would Never Buy Tesla Stock (Benzinga)
  4. The Chris Janson “Good Vibes” Stock Market (and Sentiment Results)… (ZeroHedge)
  5. Kraft Heinz’s Earnings Were Only OK. Why Investors Should Be Happy. (Barron’s)
  6. Value-Oriented Dividend Stocks Will Pay Investors Who Wait, Strategist Says (Barron’s)
  7. Time for a cut? OPEC Sees Coronavirus Weighing Heavily on Oil Demand (Wall Street Journal)
  8. Hedging Strategy Likely Exacerbated Oil’s Fall (Wall Street Journal)
  9. Trump’s Rosy Economic Growth Forecast Isn’t Crazy (Bloomberg)
  10. 5 Contrarian Dividend Stocks to Buy as Market Rips to All-Time Highs (24/7 Wall Street)