Tag: StockMarket

Unusual Options Activity – Petróleo Brasileiro S.A. – Petrobras (PBR)

Data Source: barchart

Today some institution/fund purchased 16,319 contracts of July $12 strike calls (or the right to buy 1,631,900 shares of Petróleo Brasileiro S.A. – Petrobras (PBR) at $12). The open interest was just 378 prior to this purchase. Continue reading “Unusual Options Activity – Petróleo Brasileiro S.A. – Petrobras (PBR)”

Be in the know. 15 key reads for Wednesday…

  1. FDIC: Banks’ net profits climbed $32.4 billion to $51.2 billion in the third quarter. Earnings were largely boosted by a $47.5 billion decline in loan-loss provisions. (Business Insider)
  2. Why 2021 May at Last Be the Year of the Great Rotation (Barron’s)
  3. Investors are overlooking this one thing, major bank says as it sets 4,000 target on S&P 500 (MarketWatch)
  4. Bank of America says says investor bullishness is rising, but is not yet euphoric. Here why that signals the S&P 500 could gain 10% over the next year. (Business Insider)
  5. The Manufacturing Recovery Continues. That’s Good News for These Stocks. (Barron’s)
  6. China Delisting Bill Could Pass This Week in U.S. What That Means For Investors. (Barron’s)
  7. Mnuchin, Pelosi Discuss Stimulus Package (Barron’s)
  8. Asserting Authority. The Energy Report 12/02/2020 (Phil Flynn)
  9. Pelosi, McConnell Fan Stimulus Hopes With 2020 Clock Running Out (Bloomberg)
  10. U.K. Clears Pfizer Covid Vaccine for First Shots Next Week (Bloomberg)
  11. Asia’s 20 Richest Families Control $463 Billion (Bloomberg)
  12. Mortgage demand from homebuyers spikes 28%, and the average loan amount sets a record high (CNBC)
  13. Jefferies Raises 2021 S&P Target to 4200 as GDP Beat Expectations and Positive Vaccine News (Street Insider)
  14. Biden says will not kill Phase 1 trade deal with China immediately: NYT (Reuters)
  15. Will Moneyball Finally Crack the Game of Active Management? (Institutional Investor)

Be in the know. 15 key reads for Tuesday…

  1. U.S. congressional hearing likely to spotlight Powell, Mnuchin split over pandemic lending (Reuters)
  2. Biden plan to end U.S. fossil fuel subsidies faces big challenges (Reuters)
  3. FDA announces advisory committee meeting to discuss Moderna vaccine candidate (Fox Business)
  4. The Dark Money Secretly Bankrolling Activist Short-Sellers — and the Insiders Trying to Expose It (Institutional Investor)
  5. Opec+ meeting delayed as split deepens over oil production cuts (Financial Times)
  6. Nio Deliveries Jump 109% In November, Boosts Production Capacity To Keep Pace With Rising Demand (Benzinga)
  7. Holiday Specials 2020: From Mariah Carey to ‘Peanuts,’ these are must-watch viewing (New York Post)
  8. ‘100% of Americans that want the vaccine will have had the vaccine’ by June, says Operation Warp Speed official (MarketWatch)
  9. BlackRock poised to replace Goldman Sachs inside the White House (New York Post)
  10. Exxon (XOM) Cuts Billions in CapEx Spending Which Will Help Support Dividend (Street Insider)
  11. China’s factory activity hits quickest expansion in 10 years in November, driven by a burst in output and new orders (Business Insider)
  12. Barron’s Daily: It’s Time for Value Stocks to Shine (Barron’s)
  13. Powell Says Fed Actions Unlocked $2 Trillion to Support Economy (Wall Street Journal)
  14. Facebook, Google to Face New Antitrust Suits in U.S. (Wall Street Journal)
  15. The Stock Market’s Rally Is Finally Widening (Wall Street Journal)