- Federal Reserve unveils details of $2.3 trillion in programs to help support the economy
- Federal Reserve takes additional actions to provide up to $2.3 trillion in loans to support the economy (Street Insider)
- Small-Business Bailout Needs More Than Banks (Wall Street Journal)
- Disney (DIS) Says Disney+ Paid Subscriber Count Surpasses 50 Million Milestone (Street Insider)
- Tesla’s China sales hit record high in March: industry association (Street Insider)
- U.S. bank results to focus on looming loan losses during coronavirus (Reuters)
- Pfizer identifies lead virus drug candidate (Fox Business)
- IMF boosts emergency lending capacity to $100bn (Financial Times)
- S&P 500 dividends are in better shape than the market expects. (MarketWatch)
- European stocks climb on optimism policy makers will find ways to reopen economies (MarketWatch)
- Fed to Buy Municipal, Riskier Debt as Part of Expansive Programs New York Times)
- Fed Minutes Reveal Increasing Urgency to Ease Virus Impact (Barron’s)
- Wells Fargo Gets a Break to Make Small-Business Loans (Barron’s)
- Plan to Restart the Economy Soon Would Rely on Antibody Testing (Barron’s)
- Trump Eyes Tariffs as Tool to Tame Oil Glut (Wall Street Journal)
Tag: StockMarket
The Rodney Atkins, “Keep On Going” Stock Market (and Sentiment Results)…
Each week I try to tie the theme of the stock market to a song that embodies the feeling of the moment. The last month could best be defined by Rodney Atkins classic hit, “If You’re Going Through Hell…” The lyrics that follow, tell the whole story of where we are today: Continue reading “The Rodney Atkins, “Keep On Going” Stock Market (and Sentiment Results)…”
Where is money flowing today?
Data Source: Finviz
Be in the know. 15 key reads for Wednesday…
- Hedgies look to capitalize on coronavirus pain à la Warren Buffett (New York Post)
- 9 Stocks That Could Outpace the Market if Volatility Keeps Falling (Barron’s)
- Covid-19 Testing Is Key to Restarting Economy as U.S. Cases Top 400,000 (Barron’s)
- Waiting for a stock-market bottom is ‘folly,’ says billionaire Howard Marks: ‘If something’s cheap…you should buy’ (MarketWatch)
- Bill Gross’s Backfiring Trade Finally Pays Off in Coronavirus QE (Bloomberg)
- Howard Marks says it’s time to stop playing defense: ‘We’re buying today when we find good value’ (CNBC)
- Billionaire Bill Ackman doubled down on Hilton, Starbucks, and Berkshire Hathaway after the coronavirus sell-off (Business Insider)
- Pinterest Becomes an Unlikely Social Climber (Wall Street Journal)
- FedEx, UPS stocks surge after WSJ report of Amazon halting competing service (Market Watch)
- Bank Stocks at Record Lows Relative to S&P 500: 4 to Buy Now (24/7 Wall Street)
- Pelosi, Schumer push wider emergency coronavirus funding bill (Reuters)
- Oil rallies before Russia, Saudi Arabia meet (Fox Business)
- Bernanke rejects Great Depression comparisons as he says GDP could slump by 30% (MarketWatch)
- Fauci says he thinks schools will be able to reopen in the fall (MarketWatch)
- India Again Allows Export of Antimalarial Drug Touted for Coronavirus Wall Street Journal)
Unusual Options Activity – Wells Fargo & Company (WFC)
Data Source: barchart
Today some institution/fund purchased 15,038 contracts of October $35 strike calls (or the right to buy 1,503,800 shares of Wells Fargo & Company (WFC) at $35). The open interest was 4,480 prior to this purchase. Continue reading “Unusual Options Activity – Wells Fargo & Company (WFC)”
Where is money flowing today?
Data Source: Finviz
Be in the know. 30 key reads for Tuesday…
- Pelosi Says Next Stimulus Round Will Be $1 Trillion or More (Bloomberg)
- Why Oil-Services Stocks Are Finally a Buy (Barron’s)
- Fed says it will provide financing against new U.S. ‘payroll protection’ loans (Reuters)
- Gilead Analyst Sees Catalyst Ahead In Data Readout For Potential Coronavirus Treatment (Benzinga)
- Michael Burry of âThe Big Shortâ Slams Virus Lockdowns in Tweetstorm (Bloomberg)
- Oaktree, Elliott Among Bargain Hunters Circling Mortgage Trusts (Bloomberg)
- Greed and Fear Collide: Wall Street Calls Traders Back to Office (Bloomberg)
- Everything Must Go Right for Big Pharmaâs Bet on a Fast Vaccine (Bloomberg)
- Oilâs Big Crash Has Permian Explorers Flaring Less Gas (Bloomberg)
- Honor Blackman, Who Played âBond Girlâ Pussy Galore, Dies at 94 (Bloomberg)
- Strategist Jeff Saut says market bottom in, sees new S&P 500 record in 2020 (CNBC)
- JPMorgan reports earnings in a week. Hereâs why it may be a buy now (CNBC)
- Allstate to return $600M in auto premiums as coronavirus cuts driving (New York Post)
- Peter Navarro Has Antagonized Multinational Companies. Now Heâs in Charge. (New York Times)
- Warren Buffettâs Death-Spiral Deal (Wall Street Journal)
- Bakken Oil Field Giant Continental Eliminates Dividend, Slashes Production (24/7 Wall Street)
- Stifel Still Bets on an Even Bigger April Rally: 5 Top Stocks to Buy (24/7 Wall Street)
- Graphic: Oil majors cut 2020 spending by 22% after prices slump (Reuters)
- Virus slamming economy, but relief fends off disaster: Blackstone CEO (Fox Business)
- Avalanche of Downgrades Points to a âBig Default Spikeâ, Moodyâs Warns (Institutional Investor)
- Source image: Unsplash.com
- 3M, Trump Strike Deal To Import 166.5M Masks From China, Company To Continue To Supply Abroad (Benzinga)
- Teva Analyst Says Shares Are Pricing In Too Much Risk (Benzinga)
- 10 Cheap Dividend Aristocrats to Buy on the Dip (Yahoo! Finance)
- Carnival’s stock rockets 20% premarket, after soaring 28% the past 2 sessions (MarketWatch)
- Trump Pushes Broader Use of Hydroxychloroquine Against Coronavirus (Wall Street Journal)
- ‘Light at the end of the tunnel’: Stocks surge as fewer new coronavirus cases signal lockdowns are working (Business Insider)
- Billionaire Bill Ackman plowed more than $200 million into Warren Buffett’s Berkshire Hathaway after the coronavirus sell-off (Business Insider)
- 38 Quality Global Stocks You Now Can Get Cheap, According to Morgan Stanley (Barron’s)
- Bob Iger on Disney After Coronavirus (Barron’s)
Fox Business Appearance on Monday (video)
Be in the know. 15 key reads for April…
- US could stockpile 1B barrels of oil amid coronavirus price crash: energy secretary (Fox Business)
- Why Rice Is a Hot Commodity Now (Barron’s)
- ‘The worst is behind us’ — with the most attractive risk-reward in years, it is time to buy stocks, Morgan Stanley says (MarketWatch)
- The Coronavirus Recession Will Be Deeper and Faster Than the Financial Crisis. Why That Matters. (Barron’s)
- President Trump Says He Will Back Loans To Small Businesses If Necessary (Barron’s)
- Thousands of NY COVID patients are being treated with anti-malarial drug (New York Post)
- How to make face masks at home (Fox Business)
- BofA loosens criteria for small biz loans (Fox Business)
- High-Yield Debt Pummeled in ‘Ugly’ First Quarter (Institutional Investor)
- Gilead Sciences (GILD) CEO Provides Remdesivir COVID-19 Update; Providing Current 140K Courses at No Cost, Sees Additional 1M Courses by Year-End (Street Insider)
- Barron’s Picks And Pans: Post-Pandemic Ideas, Safe Dividends And More (Yahoo! Finance)
- Thermo Fisher provides upbeat first-quarter revenue growth outlook, stock rallies (MarketWatch)
- St. Louis Fed’s Bullard pitches universal daily COVID-19 testing to help restore economy’s health (MarketWatch)
- Car Insurer American Family Gives $200 Million in Coronavirus Refunds (Wall Street Journal)
- State Shutdowns Have Taken at Least a Quarter of U.S. Economy Offline (Wall Street Journal)
Be in the know. 25 key reads for Sunday…
- Big Stock Buys at Building-Materials Companies (Barron’s)
- Exclusive: Amazon in contact with coronavirus test makers as it plans pandemic response (Reuters)
- 8 Ways Business Owners Can Take Advantage of the Federal Stimulus Package (Entrepreneur)
- Their Rightful Owners (The Irrelevant Investor)
- Laura Linney: The Most Delightfully Dangerous Woman on TV (The Daily Beast)
- Bentley Mulliner’s Hand-Built $1.8 Million Bacalar Has a Dashboard Made From 5,000-Year-Old Wood (Robb Report)
- Tom Brady Rents Derek Jeter’s Sprawling Tampa Bay Mansion (Architectural Digest)
- A Husband Made A TikTok Of Himself Dancing While His Wife Was In Labor And It Went Viral (BuzzFeed)
- A German Exception? Why the Country’s Coronavirus Death Rate Is Low (New York Times)
- Worst Q1 In Dow History (Almanac Trader)
- Hedge Fund and Insider Trading News: Mark Yusko, Ray Dalio, Christopher Hohn, Glenview Capital Management, Pool Corporation (POOL), Union Pacific Corporation (UNP), and More (Insider Monkey)
- MiB: Jonathan Miller of Miller Samuel Real Estate Appraisers & Consultants (Ritholtz MIB)
- Some Big Investors Smell Profit in Virus-Plagued Companies (New York Times)
- Shockproofing Canada: Why the Keystone pipeline is just the start of making us energy self-sufficient (Financial Post)
- Kevin Warsh And The Long Road Back To Economic Recovery (Hoover Institution)
- Episode 988: The Economics Of Hospital Beds (NPR Planet Money)
- How small businesses hit by coronavirus can get aid (Fox Business)
- Japan Is Racing to Test a Drug to Treat Covid-19 (Wired)
- Would You Rather: Buy Too Early or Buy Too Late in a Bear Market? (A Wealth of Common Sense)
- Collusion and Cooperation in the Oil Market (Futures)
- The Most Common Sense Way To Stop Spreading the Virus (#masks4all) (Yardeni)
- These Common Household Products Can Destroy the Novel Coronavirus (Consumer Reports)
- OPEC+ emergency meeting likely to be postponed to April 8 or 9: OPEC sources (Reuters)
- Trump Pledges Support for Embattled Oil Industry (Wall Street Journal)
- Property Bets Lose Curb Appeal in the Age of Coronavirus (Wall Street Journal)