Thanks to Herbert Lash and Tom Arnold for including me in their article on Reuters today. You can find it here:
Tag: StockMarket
Be in the know. 20 key reads for Tuesday…
- Groundhog Day 2021: Punxsutawney Phil predicts winter will hang on (New York Post)
- Reddit Trades Crumble as GameStop, AMC and Silver Plunge (Bloomberg)
- Silver prices plunge after hitting eight-year high (Yahoo! Finance)
- Pfizer Just Reported Earnings. Here’s the One Number to Notice. (Barron’s)
- Exxon Creates New Low-Carbon Business (Barron’s)
- UPS’s Earnings Came in Strong. The Stock Is Rising. (Barron’s)
- U.S. Economy Is Expected to Reach Pre-Pandemic Peak by Mid-2021 (Wall Street Journal)
- Energy company Baker Hughes is ‘cautiously optimistic’ on the outlook for demand (CNBC)
- India’s budget could help lift economic growth above 8% in a couple years, top economic advisor says (CNBC)
- ‘Expect results well above consensus’: Here’s what 4 Wall Street banks expect from Amazon’s 4th-quarter earnings report (Business Insider)
- Exxon-Chevron Tie-Up Not as Crazy as It Sounds (WallStreetJournal)
- GameStop Day Traders Are Moving Into SPACs (Wall Street Journal)
- Why the WallStreetBets crowd isn’t scaring JPMorgan or Goldman away from stocks (MarketWatch)
- Opinion: Short-sellers were pulling back even before Reddit’s GameStop squeeze (MarketWatch)
- Here’s what’s in the $600 billion relief plan from 10 Republican senators (MarketWatch)
- Wintry Weather Lifts Natural-Gas Prices (Wall Street Journal)
- Tracking Joe Biden’s Cabinet Nominees (Bloomberg)
- Biden’s Stimulus Hopes May Depend on ‘Reconciliation’ (Bloomberg)
- Dallas Fed President Kaplan stresses need for more spending to keep economic recovery going (CNBC)
- WTI Crude Hits $55, A One-Year High After Mixed OPEC Data (ZeroHedge)
Tom Hayes – Quoted in Yahoo! Finance article – 2/2/2021
Thanks to Saleha Riaz for including me in her article on Yahoo! Finance today. You can find it here:
Consumer Discretionary (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Consumer Discretionary Sector ETF (XLY) top 30 weighted stocks. Continue reading “Consumer Discretionary (top 30 weights) Earnings Estimates/Revisions”
Unusual Options Activity – PG&E Corporation (PCG)
Data Source: barchart
Today some institution/fund purchased 15,802 contracts of June $12 strike calls (or the right to buy 1,580,200 shares of PG&E Corporation (PCG) at $12). The open interest was 6,911 prior to this purchase. Continue reading “Unusual Options Activity – PG&E Corporation (PCG)”
Where is money flowing today?
Data Source: Finviz
Be in the know. 16 key reads for Monday…
- Fed’s Kaplan: need healthy fossil fuel industry during green transition (StreetInsider)
- The GameStop Revolt Has Just Begun (Barron’s)
- Caixin: China factory activity slowest in 7 months (MarketWatch)
- Billionaires Bicker Over Space Toys (New York Times)
- Robinhood trading limits continue, customers can just buy 1 GameStop share (CNBC)
- 19 Stocks That Could Be a Buying Opportunity After Last Week’s Drop (Barron’s)
- Michael Burry compared GameStop to ‘The Big Short’ – and said he would cash out if he won big on the stock (Business Insider)
- Goldman says the stock market is undergoing its biggest short squeeze in 25 years – and that has hedge funds dumping stock exposure at the fastest rate since 2009 (Business Insider)
- MGM is making a movie about the Wall Street-GameStop saga, based on a book by the author behind ‘The Social Network’ (Business Insider)
- Nokia upped to buy after Ericsson results (MarketWatch)
- Exxon, Chevron CEOs discussed merger in early 2020-sources (Yahoo! Finance)
- Silver price hits eight-year high as retail traders take aim (Financial Times)
- How an options-trading frenzy is lifting stocks and stirring fears of a market bubble (MarketWatch)
- How Lockheed Martin Makes Money (Investopedia)
- GameStop Frenzy Puts Spotlight on Trading Giant Citadel Securities (Wall Street Journal)
- Roaring Kitty Wanted to Break a 4-Minute Mile. He Broke Wall Street Instead. (Wall Street Journal)
Consumer Staples (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Consumer Staples Sector ETF (XLP) top 30 weighted stocks. Continue reading “Consumer Staples (top 30 weights) Earnings Estimates/Revisions”
Be in the know. 10 key reads for Sunday…
- GOP Senators Offer Stimulus Compromise, Ask for Biden Meeting (Bloomberg)
- Ron Baron on Investing in Tesla and SpaceX (Podcast) (Bloomberg)
- ECRI Weekly Leading Index Update (advisorperspectives)
- PLAYING GAMES GameStop Reddit army trolls Wall Street billionaires with billboards and plane banners gloating over stock gains (The Sun)
- Google union in turmoil following global alliance announcement (The Verge)
- MI Responds: Hidden Drawbacks of the Climate-Focused Executive Order (MI)
- Why Consumer Confidence Is So High (NPR Planet Money)
- China’s Real-Estate Stocks Slide on Move to Curb Hot Property Market (Barron’s)
- Selloff Puts Emerging Markets on Trial While Bulls Hang Tough (Bloomberg)
- Stimulus Checks Helped Fuel GameStop Stock Surge: Billionaire Gundlach (ZeroHedge)
Be in the know. 35 key reads for Saturday…
- Keith Gill Drove the GameStop Reddit Mania. He Talked to the Journal. (Wall Street Journal)
- Musk Plans to Use Texas Natural Gas for His Starships (Bloomberg)
- Editor’s Pick Today: The ‘In Da Club’ Stock Market (SeekingAlpha)
- Why Oil Companies’ Fall From Favor Could Cause Next Price Spike (Bloomberg)
- Robinhood Caps Maximum Holdings In 36 Stocks To Just One Share (ZeroHedge)
- Small investors flee Robinhood in wake of GameStop restrictions (New York Post)
- Robinhood Rival Webull Sees 16-Fold Jump in New Trading Accounts (Bloomberg)
- After 10 Years of Underperformance, Commodities Are Set to Boom. Here’s How to Play the Rally. (Barron’s)
- 10 Popular Hedge Fund Shorts That Could Get Squeezed Next (Barron’s)
- U.S. Oil Pushes ‘Clean Shale’ as Biden Mounts Climate Attack (Bloomberg)
- Warren Buffett & Charlie Munger: on Short Selling (YouTube)
- Meet the Redditor who made millions off GameStop and started a market frenzy (New York Post)
- David Rubenstein, Co-Founder of The Carlyle Group, on Lessons Learned, Jeff Bezos, Raising Billions of Dollars, Advising Presidents, and Sprinting to the End (#495) (Tim Ferriss)
- Biogen Alzheimer’s Drug Puts FDA’s Judgment in Harsh Spotlight (Bloomberg)
- Busiest Week For Dividend Increases Ever (DGI)
- ‘This is the way’: the Reddit traders who took on Wall Street’s elite (Financial Times)
- Wall Street ends worst week since October amid trading frenzy (Financial Times)
- David Tepper warning to market speculators: ‘It didn’t end well in 1999’ (CNBC)
- The High Price of Mistrust (Farnam Street)
- We Are the 98 Percent (AEI)
- Short sellers face the rage of an army of small traders (Financial Times)
- The wave of populism shaking Wall Street (Financial Times)
- American Airlines set to issue $1B in new stock after price run-up (New York Post)
- Reddit Dealt a Blow to an Underperforming Strategy (Barron’s)
- Betting on Liberty Braves Group (Barron’s)
- Exxon’s Earnings Report Is Just the Tip of the Iceberg (Barron’s)
- The GameStop Revolt Has Just Begun. Get Ready. (Barron’s)
- Wall Street Cassandras Don’t Scare WallStreetBets Retail Army (Bloomberg)
- Why Facebook is considering an antitrust lawsuit against Apple (MarketWatch)
- Boeing is ‘COVID-19 recovery play,’ Morgan Stanley says (MarketWatch)
- Opinion: What January’s market decline means for stock returns in 2021 (MarketWatch)
- Here are the biggest short squeezes in the stock market, including GameStop and AMC (MarketWatch)
- Repeal of State-Tax Deduction Cap Pitched for Covid-19 Relief Bill (Wall Street Journal)
- Millennials are driving a regime change in the stock market. Here are the 6 major differences between them and baby-boomer investors, according to Fundstrat’s Tom Lee (Business Insider)
- 22 Ways to Invest in the Future, According to Barron’s Roundtable Experts (Barron’s)