Be in the know. 15 key reads for Saturday…

  1. The Dow just lost 12% in one week. Here’s why and what likely happens next (CNBC)
  2. Where to Find Bargains in the Coronavirus Selloff (Barron’s)
  3. Didn’t Sell Before the Big Plunge? Here’s the Good News. (Barron’s)
  4. Gilead Sciences Could Have a Coronavirus Cure. Could It Also See a Shakeup? (Barron’s)
  5. Why U.S. Markets Could Recover Quickly From Coronavirus Hit (Barron’s)
  6. Coronavirus Infects Wall Street — Can Biotech Stocks Ride To The Rescue? (Investors)
  7. Meet Peter Tuchman: The face of Wall Street’s absolute worst moments (New York Post)
  8. Powell says Fed Reserve will act as needed in response to coronavirus (New York Post)
  9. Intuit’s big bet says a lot about the debt-laden US consumer (Financial Times)
  10. Disney’s Surprise Move Is All the Buzz in Hollywood (Bloomberg)
  11. Warren Buffett discussed Apple, bitcoin, coronavirus, and Bernie Sanders in an interview this week. Here are his 18 best quotes. ()
  12. Dell counting on server rebound to make up for expected PC slowdown (MarketWatch)
  13. My Notes on Warren Buffett’s 2019 Letter to Shareholders (safalniveshak)
  14. Finite and Infinite Games: Two Ways to Play the Game of Life (Farnam Street)
  15. Coronavirus symptoms, causes, prevention and cure (ValueWalk)

Be in the know. 6 key reads for Friday…

  1. Gilead Sciences (GILD) Initiates Two Phase 3 Studies of Remdesivir for Treatment of COVID-19 (Street Insider

  2. OPEC Prepares to Tackle the Coronavirus Fallout for Oil Prices (Barron’s

  3. Coronavirus Is Punishing Airline Stocks. It Might Be an Opportunity to Buy. (Barron’s

  4. Ex-Fed Gov Warsh sees coordinated global central bank action soon in response to COVID-19 (CNBC

  5. Saudis seek bigger oil cut as coronavirus slashes demand (Financial Times

  6. Opinion: Stocks’ plunge through a key support level could set up a quick market rebound (MarketWatch)

Be in the know. 7 key reads for Thursday…

  1. Gilead Sciences (GILD) Initiates Two Phase 3 Studies of Remdesivir for Treatment of COVID-19 (Street Insider)
  2. Wait for these signals to buy coronavirus-battered stocks, says BNY Mellon strategist (MarketWatch)
  3. The US-China trade war unintentionally prepared companies for coronavirus (Yahoo Finance)
  4. Wall Street and Atlanta Federal Reserve don’t agree on GDP (New York Post)
  5. TikTok Marketers Chase Billions of Views in Uncharted Terrain (Bloomberg)
  6. Big Oil Price Jump Predicted By Report If Fracking Ends In US (Benzinga)
  7. As China’s Economy Suffers, Xi Faces Pressure to Lift Virus Restrictions (Wall Street Journal)

The “Curb Your Enthusiasm” Stock Market

In last week’s note, “The 10:3 (Risk to Reward) Stock Market” we made the case that while there was limited upside, the downside risks had increased materially.  You can review it here: Continue reading “The “Curb Your Enthusiasm” Stock Market”

Unusual Options Activity – The Walt Disney Company (DIS)

Data Source: barchart

Today some institution/fund purchased 1,238 contracts of June 2021 $120 strike calls (or the right to buy 123,800 shares of The Walt Disney Company (DIS) at $120). The open interest was just 737 prior to this purchase. Continue reading “Unusual Options Activity – The Walt Disney Company (DIS)”