Tag: Oil

Be in the know. 10 key reads for Monday…

  1. NY Fed raises repo limits to ensure ample supply of bank reserves (Reuters)
  2. Never Mind The Stock Market. The Real Pain Will Be in the Credit Markets. (Barron’s)
  3. Hedge-fund manager who called the coronavirus market meltdown says selloff is overdone, covers shorts (MarketWatch)
  4. How the Trump Campaign Took Over the G.O.P. (New York Times)
  5. Saudi Aramco shares dive, Gulf debt hit as oil price plunges (Reuters)
  6. Putin Dumps MBS to Start a War on America’s Shale Oil Industry (Yahoo! Finance)
  7. Virtu Financial founder says stock market is ‘one big opportunity right now’ (CNBC)
  8. How Tupperware Lost Its Grip on America’s Kitchens (Wall Street Journal)
  9. All Your Coronavirus Travel Questions Answered (Wall Street Journal)
  10. What’s Your Workout? A Huge Leap to Replace the Rush of Ice Hockey (Wall Street Journal)

Be in the know. 10 key reads for Saturday…

  1. 11 Stocks and ETFs for a Post-Virus World (Barron’s)
  2. Volatility (ValueWalk)
  3. 12 Dividend Stocks to Buy Amid Turmoil in the Markets (Barron’s)
  4. Oil Plunges 8% as OPEC Can’t Find Agreement (Barron’s)
  5. How to Find a Bottom in Industrial Stocks Using Dividend Yields (Barron’s)
  6. Jack Welch Remembered by Businessweek’s Former Executive Editor (Bloomberg)
  7. These nine companies are working on coronavirus treatments or vaccines — here’s where things stand (MarketWatch)
  8. Using Models to Stay Calm in Charged Situations (Farnam Street)
  9. What Happens to Stocks After a Big Down Month? (A Wealth of Common Sense)
  10. Should I Sell My Stocks? (The Irrelevant Investor)

 

Be in the know. 10 key reads for Friday…

  1. Jim Cramer: I’m With Warren Buffett on This One (TheStreet)
  2. China Stocks Are Handily Beating U.S. Since Coronavirus Outbreak. Here’s Why (Bloomberg)
  3. Billionaire Sam Zell says he is buying some ‘ridiculously low’ stocks in the wild market swings (CNBC)
  4. ‘Bond King’ Gundlach says Fed panicked and short-term rates are ‘headed toward zero’ (CNBC)
  5. ValueAct’s Jeffrey Ubben buys BP and says oil company can be ‘part of the solution’ (CNBC)
  6. OPEC deal in jeopardy as Russia stalls over deepest round of supply cuts since 2008 (CNBC)
  7. Bullard Says Fed Watching Virus Fallout, Willing to Do More (Bloomberg)
  8. Fed’s Kaplan thinks U.S. can avoid coronavirus recession as Williams says central bank will keep using tools (MarketWatch)
  9. Can Gilead Change Its Dim Fortunes On An Immuno-Oncology Buyout? (Investors)
  10. Global equity outflows hit $23bn on coronavirus fears (Financial Times)

 

Be in the know. 10 key reads for Thursday…

  1. Be Like Warren Buffett in Times Like These. Here’s How. (Barron’s)
  2. Federal Reserve Retools Capital Rules for Largest U.S. Banks (Wall Street Journal)
  3. Market-Beating Bank CEOs Are a Rare Breed (Wall Street Journal)
  4. Cramer’s most trusted market indicator says to start buying stocks (CNBC)
  5. Larry Kudlow Says ‘We’re Not Going to Panic’ Over the Economy (Bloomberg)
  6. Capitulation Moment? ‘We are giving up on energy’, say Jefferies analysts, who compare beaten-down sector to ‘62 Mets (MarketWatch)
  7. Oil prices rise on report OPEC agrees 1.5 million barrel-per-day production cut (MarketWatch)
  8. Buffett-Backed 30-Year-Old Goes to War With Latin American Banks (Bloomberg)
  9. Exxon CEO sticks to spending targets despite oil downturn (Reuters)
  10. The Old Dominion “Snapback” Stock Market? (and Sentiment Results) (ZeroHedge)

The Old Dominion “Snapback” Stock Market? (and Sentiment Results)

The theme of this week’s market commentary is “Snapback.”  I picked it:

1. Because I like the Country band – Old Dominion.

2. To explore the question of whether in fact this is a “Snapback” rally or actually a fake out. Continue reading “The Old Dominion “Snapback” Stock Market? (and Sentiment Results)”

Unusual Options Activity – Wells Fargo & Company (WFC)

Data Source: barchart

Today some institution/fund purchased 1,659 contracts of June 2021 $50 strike calls (or the right to buy 165,900 shares of Wells Fargo & Company (WFC) at $50). The open interest was just 119 prior to this purchase. Continue reading “Unusual Options Activity – Wells Fargo & Company (WFC)”