The “Crazy Rich Asians” Stock Market (and Sentiment Results)

“Crazy Rich Asians” is a 2018 American romantic comedy film directed by Jon M. Chu.  The film chronicles a Chinese-American professor who travels to meet her boyfriend’s family and is surprised to discover they are among the richest in Asia. Continue reading “The “Crazy Rich Asians” Stock Market (and Sentiment Results)”

Be in the know. 20 key reads for Wednesday…

  1. Wall Street expects bull run to continue in 2020 (Financial Times)
  2. OPEC sees small 2020 oil deficit even before latest supply cut (Reuters)
  3. Industrial Stocks Could Rebound on Trade News, Analysts Say (Wall Street Journal)
  4. The 5 books Bill Gates recommends you read this holiday season (CNBC)
  5. Exxon Mobil prevails in New York climate change lawsuit (Reuters)
  6. The stock market will ‘breathe a sigh of relief’ if President Trump is re-elected in 2020, says billionaire Howard Marks (MarketWatch)
  7. Asleep No More, Traders Buy Hedges ‘Like World Is About to End’ (Bloomberg)
  8. Ray Dalio Is Now Mentoring Hip-Hop Mogul Sean ‘Diddy’ Combs (Bloomberg)
  9. Saudi Aramco shares jump 10% in oil group’s trading debut (Financial Times)
  10. Bank of America is becoming the Amazon of retail banking (Yahoo! Finance)
  11. Jobs surge boosts housing market (FoxBusiness)
  12. Brexit Stocks That Could Soar If Boris Johnson Wins the U.K. Election (Barron’s)
  13. The ‘Dividend Aristocrats’ have nearly matched the S&P’s return (Barron’s)
  14. The Federal Reserve Is Primed to Launch ‘QE4’, Strategist Says. Others Say That’s Not Likely. (Barron’s)
  15. Sicilian Homes Went Up for Auction Starting at €1. More Than 100,000 People Called. (Wall Street Journal)
  16. Ken Griffin Has Another Money Machine to Rival His Hedge Fund (Bloomberg)
  17. The Fed is expected to hold rates steady and vow to keep short-term lending markets stable (CNBC)
  18. ‘Gundlach ratio’ suggests bond yields may rise (MarketWatch)
  19. Christine Lagarde Needs to Be a Negotiator—But Also a Plumber (Wall Street Journal)
  20. Yuan Is Offering Interesting Entry Point at Current Levels: Pictet WM (Yahoo! Finance)

Be in the know. 12 key reads for Tuesday…

  1. 6 Strong Buy Oil and Gas Stocks Called to Surge in 2020 (24/7 Wall Street)
  2. Here’s What It’s Like To Drive a $210,000 McLaren (Barron’s)
  3. The Time to Buy Home Depot Stock Is Now, Analysts Say (Barron’s)
  4. JP Morgan is bullish on Vietnamese banks, says sector offers high growth and profitability (CNBC)
  5. The Federal Reserve’s Meeting Starts Today. Here’s What You Need to Know. (Barron’s)
  6. The Fed will stay in hibernation until at least summer: CNBC survey (CNBC)
  7. Big-name US investors take aim at beaten-up energy sector (Financial Times)
  8. Democrats and the Trump administration near a tentative North American trade deal (CNBC)
  9. There’s no better place to put your money than the U.S., says hedge-fund manager Kyle Bass (MarketWatch)
  10. Ross: US close to largest trade deal in history of the world, 170,000 jobs (Fox Business)
  11. US and Chinese trade negotiators planning for delay of December tariff Fox Business)
  12. Next Oil Rally May Be Made in Texas, Not Vienna (Wall Street Journal)

Unusual Options Activity in Chesapeake Energy Corporation (CHK)

Data Source: barchart

Today some institution/fund purchased 1,505 contracts of July $1 strike calls (or the right to buy 150,500 shares of Chesapeake Energy Corporation (CHK) at $1). The open interest was 1,065 prior to this purchase.

Continue reading “Unusual Options Activity in Chesapeake Energy Corporation (CHK)”