Tag: StockMarket

Be in the know. 20 key reads for Wednesday…

  1. Pfizer stock jumps after it reports positive data in early-stage coronavirus vaccine trial (CNBC)
  2. June private payrolls rose 2.37 million and there was a big positive revision for May, ADP says (CNBC)
  3. FedEx Crushes Earnings Views As Residential, Pacific Deliveries Jump (Investor’s Business Daily)
  4. Companies Hit by Covid-19 Want Insurance Payouts. Insurers Say No. (Wall Street Journal)
  5. Fed Keeps Options Open on Yield Caps but Looks to Other Tools First (Wall Street Journal)
  6. US buys nearly all global stock of coronavirus drug remdesivir (New York Post)
  7. $130 Billion Left at Paycheck Program Deadline, but Senate Acts to Extend It (New York Times)
  8.  An Economist on What the Next Fiscal Stimulus Package Could Include (Barron’s)
  9. Here’s what history tells us happens after the S&P 500’s best quarters of all time, as strategist says it’s set to repeat (MarketWatch)
  10. China’s Caixin manufacturing PMI hits 6-month high (MarketWatch)
  11. Dow Has Best Quarter Since 1987. Is It a New Bull Market? (Barron’s)
  12. Conf. Board Consumer Confidence (Jun) 98.1 vs 91.5 Expected (Street Insider)
  13. EXCLUSIVE: US negotiates rival to OPEC as historic Trump trade deal takes effect (Fox Business)
  14. US private sector added 2.37M jobs in June, May revised to gain of 3M (Fox Business)
  15. Commerce Sec. Ross: Why Hong Kong may start to see companies relocate (Fox Business)
  16. Europe outperforms Wall Street as investors look across the Atlantic (Financial Times)
  17. How The Popeyes Chicken Sandwich Is Helping Drive Sales Increases Despite The Pandemic (Benzinga)
  18. OPEC Plus Success. The Energy Report (Phil Flynn)
  19. BOE’s Haskel Sees Activity Returning Faster Than Expected (Bloomberg)
  20. United plans to add 25,000 flights in August as customers ‘are slowly returning’ (CNBC)

Be in the know. 10 key reads for Tuesday…

  1. The hedge fund manager behind a long-shot coronavirus pill (Financial Times)
  2. Goldman Sachs says a national mask mandate could slash infections and save economy from a 5% hit (CNBC)
  3. A Few Thoughts on the Wells Fargo Dividend Cut/Cap (Hedge Fund Tips)
  4. Dow futures bounce around as investors await Powell, Mnuchin testimony on the coronavirus response (MarketWatch)
  5. How Dell Stock Can Take Off. A VMware Spinoff Is Just Part of the Answer. (Barron’s)
  6. Gilead Is Wise to Leave Remdesivir Money on the Table (Wall Street Journal)
  7. Who Says Emerging Economies Shouldn’t Print Money? (Wall Street Journal)
  8. Saudi Prince Calls OPEC Laggard Nigeria Amid Push for Oil Cuts (Bloomberg)
  9. Low and slow – how to barbecue beef ribs (Financial Times)
  10. Tesla On Track To Beat Q2 Deliveries Forecast, Analyst Says (Benzinga)

Unusual Options Activity – Bank of America Corporation (BAC)

Data Source: barchart

Today some institution/fund purchased 5,514 contracts of June 2021 $23 strike calls (or the right to buy 551,400 shares of Bank of America Corporation (BAC) at $23). The open interest was 4,298 prior to this purchase. Continue reading “Unusual Options Activity – Bank of America Corporation (BAC)”

Be in the know. 20 key reads for Monday…

  1. CanSino’s coronavirus vaccine candidate approved for military use in China (CNBC)
  2. Fed Reveals Bond Purchases Including AT&T, UnitedHealth, Walmart (Bloomberg)
  3. Covid Takes a Back Seat. The Energy Report 06/29/2020 (Phil Flynn)
  4. Gilead Discloses Pricing Plans for Covid-19 Treatment Remdesivir (Barron’s)
  5. Boeing 737 MAX Test Flights Are Set to Begin (Barron’s)
  6. FedEx, Micron, June Jobs Data, Fed Minutes, and More to Watch This Week (Barron’s)
  7. Burger King sales rebound as states reopen after COVID-19 lockdown (Yahoo! Finance)
  8. We need to get capital into communities of color: Michael Milken (Fox Business)
  9. Hedge funds eye new corporate structure in Singapore (Financial Times)
  10. Coty to buy 20% stake in Kim Kardashian West’s beauty line (Financial Times)
  11. Hedge Funds Are Rushing to Get Out of Bearish U.S. Stock Bets (Bloomberg)
  12. Telehealth’s Long-Term Staying Power (Bloomberg)
  13. Ten Years After IPO, a Look Back at Tesla’s Extraordinary Decade (Bloomberg)
  14. Reopenings Power a 9-Week Climb in Canadian Consumer Confidence (Bloomberg)
  15. Southwest will soar 47% as domestic focus and strong balance sheet outshine rivals, Goldman says (Business Insider)
  16. Baltic index rises on firmer capesize, supramax demand (Reuters)
  17. Fed Looks Down Under for Rate Strategy (Wall Street Journal)
  18. Will Anyone Bid $60 Million Online for a Painting? (Wall Street Journal)
  19. Even the Bible Is Full of Flawed Characters (Wall Street Journal)
  20. Big-Tech Investors Need to Start Watching Brussels More Closely (Wall Street Journal)