Tag: StockMarket

Be in the know. 15 key reads for Friday…

  1. “Maybe He Doesn’t Want to Be the Hero”: In the COVID-19 Crisis, Warren Buffett is Lying Low (Vanity Fair)
  2. Virus Vaccine May Be Ready for Mass Production By Autumn, Oxford Professor Says (Bloomberg)
  3. Gilead Gains on Report Claiming Coronavirus Drug Working (Bloomberg)
  4. Covid Report: Gilead Pops On Promising Sneak Peek For Coronavirus Drug (Investor’s Business Daily)
  5. The Fear Gauge Is Sending False Signals (Barron’s)
  6. Why Emerging Market Currencies Are Cheap (Barron’s)
  7. Treasury yields follow stocks higher on hopes for coronavirus drug MarketWatch)
  8. AMC Entertainment’s stock rockets after liquidity update, private debt offering (MarketWatch)
  9. Schlumberger swings to large loss, misses revenue and cuts dividend by 75%; stock surges (MarketWatch)
  10. Trump administration working to ease drilling industry cash crunch (Reuters)
  11. Johnson & Johnson execs offer upbeat view of second-half recovery from COVID-19 pandemic (MarketWatch)
  12. Fed’s Bostic says watching closely for signs of ‘unbearable’ stress among mortgage servicers (MarketWatch)
  13. Boeing to Restart Jetliner Production (Wall Street Journal)
  14. Mnuchin Under Growing Pressure to Help Struggling Mortgage Companies (Wall Street Journal)
  15. Screening Rooms That Bring Hollywood Home (Wall Street Journal)

Unusual Options Activity – Huntington Bancshares Incorporated (HBAN)

Data Source: barchart

Today some institution/fund purchased 1,139 contracts of Jan 2022 $8 strike calls (or the right to buy 113,900 shares of Huntington Bancshares Incorporated (HBAN) at $8). The open interest was just 195 prior to this purchase. Continue reading “Unusual Options Activity – Huntington Bancshares Incorporated (HBAN)”

Be in the know. 25 key reads for Thursday…

  1. Car-rental firm Hertz seeks coronavirus bailout (New York Post)
  2. Fed Gives Banks a Break to Keep Markets Calm (New York Times)
  3. Disney, McDonald’s share secret recipes to cook in quarantine (USA Today)
  4. Where to Look in China’s Data Dump for Any Signs of a Rebound (Bloomberg)
  5. Jeff Bezos Wants to Test All Amazon Employees for Covid-19 (Bloomberg)
  6. The Fed Loves Main Street as Much as Wall Street This Time (Bloomberg)
  7. Some Companies Are Looking Cheap. That Could Drive a Wave of M&A. (Barron’s)
  8. J&J, P&G, Buck the Trend by Raising Dividends (Barron’s)
  9. Fear Is Down, but We’re Not Out of the Woods Yet (Barron’s)
  10. Record Amount of Risky Debt Is Coming Due (Barron’s)
  11. Buy Stocks Now, Investing Legend Burton Malkiel Says (Barron’s)
  12. Jobless claims total 5.245 million as 22 million positions have been lost in a month due to coronavirus (CNBC)
  13. Larry Fink: Coronavirus low last month may have been the market bottom (CNBC)
  14. ‘The shopping list is being readied’: Saudi Arabia and Abu Dhabi are scouting for cheap investments after the coronavirus sell-off (Business Insider)
  15. Gilead (GILD) Said to Hold Talks to Buy Stake in Arcus Biosciences (RCUS) – Bloomberg (Street Insider)
  16. Working From Home Permanently Could Rise 100% and These Stocks May Benefit (24/7 Wall Street)
  17. Options markets send cautiously bullish signal on U.S. stock rally (Reuters)
  18. U.S. opposes general allocation of Special Drawing Rights to IMF members (Reuters)
  19. States paying extra $600 unemployment aid (Fox Business)
  20. Mainstream Investors Might Get Access to Alts, But They Won’t Get Alpha (Institutional Investor)
  21. Hedgie with a ‘higher purpose’ to run world’s biggest sovereign fund (Financial Times)
  22. Dalio Says Investors ‘Crazy’ to Hold Government Bonds Now (Dalio Says Investors ‘Crazy’ to Hold Government Bonds Now (Yahoo! Finance)
  23. Warren Buffett will ‘let everybody know’ once he invests the bulk of Berkshire Hathaway’s $128 billion cash pile, Bill Ackman says. (Business Insider)
  24. Billionaire bond king Jeff Gundlach sent a bizarre tweet predicting the end of the ‘You blow dry my hair and I’ll blow dry your hair’ economy. (Business Insider)
  25. Coronavirus Closures Froze Swaths of U.S. Economy in March (Wall Street Journal)

The Morgan Wallen, “Whiskey Glasses” Stock Market (and Sentiment Results)…

Each week I attempt to pair the lyrics from a popular song to the current feeling and sentiment in the stock market.  When you look at the data that has come out on the U.S. economy in recent days, one might suggest you need more than “Beer Goggles” to see the green shoots, you need “Whiskey Glasses!”  Continue reading “The Morgan Wallen, “Whiskey Glasses” Stock Market (and Sentiment Results)…”