Tag: StockMarket

The Taylor Swift “You Need To Calm Down” Stock Market (and Sentiment Results)…

A little over a week ago my wife and I were at a local restaurant in CT (called Posa) with a few friends (I had the delicious Branzino).  While we were waiting for our appetizers (Bufala Mozzarella) I overheard a gentleman at the table next to us saying, “this market is crazy, it’s a bubble, it’s going to crash, it can’t keep going up.”  Continue reading “The Taylor Swift “You Need To Calm Down” Stock Market (and Sentiment Results)…”

Be in the know. 19 key reads for Wednesday…

  1. Presidential Betting Markets Are Tightening. Is It Time to Hedge? (Barron’s)
  2. After Conoco’s Huge Purchase, Are 2 Top Permian Stocks Also Takeover Targets? (24/7 Wall Street)
  3. Covid-19 Vaccines Could Take a Critical Next Step in November (Barron’s)
  4. 10-year Treasury yield hits mid-June high after Pelosi boosts fiscal stimulus hopes (MarketWatch)
  5. Western Digital Stock Spikes 10% on Intel’s Plan to Sell Memory Chip Unit (Barron’s)
  6. Philip Morris Stock Got Crushed After Earnings. Why the Market Got It Wrong. (Barron’s)
  7. Defense Stocks Have a Joe Biden Problem (Barron’s)
  8. Home Builders Keep Building New Houses, Latest Data Show. Why They Won’t Stop. (Barron’s)
  9. Google Up Against Laws That Thwarted Microsoft (and Others Since 1890) (New York Times)
  10. Travelers Is Ready for Post-Pandemic Journey (Wall Street Journal)
  11. Antero Midstream upgraded to Outperform on lower perceived risk at Raymond James (TheFly)
  12. Coronavirus deal could come in next 48 hours: White House (FoxBusiness)
  13. The World Shut Down. This Is Who Hedge Funds Called. (Institutional Investor)
  14. Fed’s Brainard calls for more stimulus from Congress amid ‘highly uneven’ recovery (CNBC)
  15. JPMorgan Chase takes on Square and PayPal with smartphone card reader, faster deposits for merchants (CNBC)
  16. People earning a lot of money think differently: Morning Brief (Yahoo! Finance)
  17. Here’s How Much Investing $1,000 In Wells Fargo At Great Recession Lows Would Be Worth Today (Benzinga)
  18. Lockheed Martin Plans to Deliver New Presidential Helicopter Next Year (Wall Street Journal)
  19. How Next-Door Neighbors With Opposing Political Views Stayed Friends (Wall Street Journal)

 

Be in the know. 15 key reads for Tuesday…

  1. Gilead Defends Its Covid Treatment After WHO Study Finds It Ineffective (Barron’s)
  2. 3 Unloved Bank Stocks That May Be Worth Buying (Barron’s)
  3. Warren Buffett may have slashed his Wells Fargo stake because the bank ignored his advice and hired a Wall Street CEO (Business Insider)
  4. Technology stocks may be about to drown in their own greatness, says JPMorgan (MarketWatch)
  5. GE Stock Is in a Stealth Bull Market. Here’s Why. (Barron’s)
  6. Halliburton’s Cost-Cuts Boost the Bottom Line (Barron’s)
  7. Want to Buy Mortgage REITs? Here’s How to Pick Them. (Barron’s)
  8. NY, NJ could see taxes increase over 58 percent under Joe Biden: analysis (New York Post)
  9. With NYC Influx, Greenwich Area Home Prices Rise Fastest in U.S. (Bloomberg)
  10. An Obscure American Automaker Now Has the World’s Fastest Car (Bloomberg)
  11. Pelosi and Mnuchin make progress in stimulus talks, plan to speak again Tuesday (CNBC)
  12. HAMM: The 2020 election question: Are you ready for $6 a gallon gas? (Fox Business)
  13. Top Fed Official Says Policy Response Could Speed Faster Recovery (Wall Street Journal)
  14. Pioneer Natural Resources Is in Talks to Buy Parsley Energy (Wall Street Journal)
  15. DOJ to File Google Antitrust Lawsuit (Wall Street Journal)

Unusual Options Activity – Occidental Petroleum Corporation (OXY)

Data Source: barchart

Today some institution/fund purchased 25,091 contracts of Jan $18 strike calls (or the right to buy 2,509,100 shares of Occidental Petroleum Corporation (OXY) at $18). The open interest was just 2,012 prior to this purchase. Continue reading “Unusual Options Activity – Occidental Petroleum Corporation (OXY)”

Be in the know. 8 key reads for Monday…

  1. China Economy Grows 4.9% In Q3, Extending Virus Recovery (Barron’s)
  2. Big Contrarian Investor Sells AT&T and Gold Stocks. They Bought Wells Fargo. (Barron’s)
  3. Speculators Reverse Big Nasdaq Short (Bloomberg)
  4. Conoco to Buy Concho for $9.7 Billion to Create Shale Giant (Bloomberg)
  5. Pelosi gives White House 48 hours to reach coronavirus stimulus deal before election (CNBC)
  6. U.S. Army Medical Research and Development (USAMRDC) Develops COVID-19 Vaccine Candidate (SpFN) Now in Clinical Trials (TrialSiteNews)
  7. Stalemate. The Energy Report 10/19/2020 (Phil Flynn)
  8. Tech’s Influence Over Markets Eclipses Dot-Com Bubble Peak (Wall Street Journal)