Thanks to Devik Jain for including me in his article on Reuters today. You can find it here:
Tag: StockMarket
Where is money flowing today?
Data Source: Finviz
Be in the know. 15 key reads for Wednesday…
- A Dozen Stocks That Will Make Both Growth and Value Investors Happy (Barron’s)
- 7 Value Stocks With Morningstar ‘Buy’ Ratings (Yahoo! Finance)
- Bank of America Beat Earnings Forecasts. Why Its Stock Is Dropping. (Barron’s)
- Goldman Sachs’s Third-Quarter Profit Nearly Doubles (Wall Street Journal)
- Exxon’s Dividend Is Still a Concern. Goldman Sachs Upgraded It Anyway. (Barron’s)
- Wells Fargo Profit Slumps on Severance, Remediation Charges, Revenue Beats (Bloomberg)
- Wells Fargo returns to profit after painful second quarter (Financial Times)
- A Wall Street chief strategist says US lawmakers need a deal on fiscal aid – even a small one will help save consumer spending. (Business Insider)
- Failure to provide more fiscal stimulus is a ‘significant mistake’ that could cause more businesses to fail, Moody’s chief economist says. (Business Insider)
- Warren Buffett’s Berkshire Hathaway is in talks to partner with Mitsui, the Japanese trading group’s CEO says (Business Insider)
- Should Fiscal Policy Get More Chinese? (Wall Street Journal)
- Hedge fund short sellers target pandemic winners (Financial Times)
- Derivatives trading surges for big US tech companies (Financial Times)
- Study of Eli Lilly Covid-19 Drug Paused Due to Safety Concern (Wall Street Journal)
- Regeneron’s Coronavirus October Surprise (Wall Street Journal)
Financials (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Financials Sector ETF (XLF) top 30 weighted stocks. Continue reading “Financials (top 30 weights) Earnings Estimates/Revisions”
Unusual Options Activity – EOG Resources, Inc. (EOG)
Data Source: barchart
Today some institution/fund purchased 1,454 contracts of Jan $42.5 strike calls (or the right to buy 145,400 shares of EOG Resources, Inc. (EOG) at $42.5). The open interest was just 408 prior to this purchase. Continue reading “Unusual Options Activity – EOG Resources, Inc. (EOG)”
Where is money flowing today?
Data Source: Finviz
October Bank of America Global Fund Manager Survey Results (Summary)
~224 Managers overseeing ~$600B AUM responded to this month’s BofA survey. Continue reading “October Bank of America Global Fund Manager Survey Results (Summary)”
Be in the know. 25 key reads for Tuesday…
- Dimon Signals The All Clear: JPMorgan Earnings Smash Expectations As Loss Provisions Plummet 94% (ZeroHedge)
- Exxon Mobil upgraded to Neutral from Sell at Goldman Sachs (TheFly)
- Citi Posts Biggest Quarterly Profit of Pandemic (Bloomberg)
- Day-Trader Options Action Is Spotted Yet Again in Nasdaq Surge (Bloomberg)
- Desperate Americans hit by pandemic beg Congress, Trump to pass economic relief bill (Reuters)
- U.S. small business confidence at highest since February (Reuters)
- China’s imports, exports surge as global economy reopens (Reuters)
- Johnson & Johnson Covid-19 vaccine study paused due to illness: report (FoxBusiness)
- “Nancy Pelosi take this deal!” Andrew Yang, a former Democratic presidential candidate, tweeted on Saturday. “Put politics aside people are hurting.” (FoxBusiness)
- Why You Didn’t Notice a Japanese Stock Index Beating the Nasdaq This Year (Wall Street Journal)
- JPM: Credit costs of $611 million included $569 million of net reserve releases (Street Insider)
- Ford and General Electric are headed back to the double digits, Jim Cramer says (CNBC)
- JPMorgan’s Earnings Were Better Than Expected. Here’s How the Bank Did. (Barron’s)
- A New Roaring ‘20s Is Coming for Industrial Stocks (Barron’s)
- The American Dream: Bringing Factories Back to the U.S. (Barron’s)
- Lotus Goes Electric With a US$2.1 Million Hypercar (Barron’s)
- Oil bounces after sharp jump in Chinese imports (MarketWatch)
- JPMorgan beats analysts’ profit estimates as the bank sets aside less for loan losses (CNBC)
- Disney Elevates Streaming Business in Major Reorganization (Wall Street Journal)
- BofA Survey Shows Investors Braced for Contested U.S. Election (Bloomberg)
- Natural Gas Surges as Traders Brace for Cold Winter (Wall Street Journal)
- Key U.S. Inflation Gauge Rises at Slowest Pace in Four Months (Bloomberg)
- Warren Buffett once used LeBron James to explain the risk of diversification, and compared his return to Cleveland to new Coke’s demise (BusinessInsider)
- Top Analyst Raises Price Targets on 4 High Dividend-Paying Bank Stocks (24/7 Wall Street)
- Citi Posts Biggest Quarterly Profit of Pandemic. Loan provisions return to normal after surging in first half. (Bloomberg)
Unusual Options Activity – Citigroup Inc. (C)
Data Source: barchart
Today some institution/fund purchased 6,945 contracts of March $52.50 strike calls (or the right to buy 694,500 shares of Citigroup Inc. (C) at $52.50). The open interest was just 3,217 prior to this purchase. Continue reading “Unusual Options Activity – Citigroup Inc. (C)”
Where is money flowing today?
Data Source: Finviz