Be in the know. 10 key reads for Memorial Day…

  1. Reopening Bets Pay Off Big for Stock Pickers (Wall Street Journal)
  2. China Factory Activity Nudges Down On Slower Demand, Services Strong (Barron’s)
  3. Al Gore’s Firm Doubled Down on Alibaba. It Sold Airbnb and One Chip Stock. (Barron’s)
  4. This Just-Approved Amgen Drug Is the First to Hit a Hard Target in Cancer (Barron’s)
  5. Why once-hot hedge-fund stock picks are now the ‘pain trade’ of 2021 (MarketWatch)
  6. China Moves to Three-Child Policy to Boost Falling Birthrate (Bloomberg)
  7. OECD raises growth forecasts on vaccine rollouts, U.S. stimulus (Reuters)
  8. Putin Is Betting Coal Still Has a Future (Yahoo! Finance)
  9. US regulators signal bigger role in crypto market (Financial Times)
  10. European stocks set to seal fourth consecutive month of gains (Financial Times)

Be in the know. 20 key reads for Sunday

  1. From Junk Bond King To SPAC Whale: How Michael Milken Became A Big Investor In The SPAC Boom (Forbes)
  2. Unpacking President Biden’s Big Budget (NPR Planet Money)
  3. The Profound Potential of Elon Musk’s New Rocket (Nautilus)
  4. Big oil is under pressure to cut production – what does that mean for investors? (moneyweek)
  5. 2022 Maserati MC20: The Italian Supercar Reinvented the Smart Way (Road and Track)
  6. The Biggest Surprises (And Disappointments) From Round 1 Of The Stanley Cup Playoffs (fivethirtyeight)
  7. Carson Block on the Short-Selling Market (Podcast) (Bloomberg)
  8. 5 Sizzling Energy Stocks Trading Under $10 With Oil Closing in on $70 a Barrel (24/7wallst)
  9. Days After Memorial Day Improving (Almanac Trader)
  10. China, U.S. can find common ground on tariff exclusions, Chinese think tank says (Reuters)
  11. 10 Best Cheap Stocks to Buy According to Billionaire Mario Gabelli (Insider Monkey)
  12. The 1750 HP SSC Tuatara, the World’s Fastest Car, Just Got Even More Powerful (Robb Report)
  13. Watch: Elon Musk’s Other Company Tests Its Tesla Tunnel System in Las Vegas With Real Passengers (Robb Report)
  14. Rolls-Royce’s Newest Car Features Its Own Cocktail Tables for Alfresco Dining (architecturaldigest)
  15. Alibaba is making its cloud OS compatible with multiple chip architectures (Tech Crunch)
  16. Tesla Roadster Will Hit 60 MPH in Just 1.1 Seconds, Says Elon Musk (Maxim)
  17. The 212-MPH McLaren 720S Supercar Gets Racy Special Edition (Maxim)
  18. Flamboyant 1968 Lamborghini Miura P400 S Expected to Fetch $1.1 Million at Auction (TheDrive)
  19. Marques Brownlee Gives His First Impressions Of The Ford F150 Lightning Electric Truck, And It Was Better Than He Thought (digg)
  20. JD revenue grows 39%, Ali-backed new retail eyes IPO: Retailheads (Tech Node)

Be in the know. 25 key reads for Saturday…

  1. Thrill-seeking traders send ‘meme stocks’ soaring as crypto tumbles (Financial Times)
  2. The rise of crypto laundries: how criminals cash out of bitcoin (Financial Times)
  3. White House Budget Shows Focus on Wealth Redistribution, Not Growth (Bloomberg)
  4. This Just-Approved Amgen Drug Is the First to Hit a Hard Target in Cancer (Barron’s)
  5. Housing Supply Shortage Hits Pending Home Sales in April (Barron’s)
  6. GM Restarts Several Assembly Plants as Global Chip Shortage Begins to Ease (Barron’s)
  7. Watch CNBC’s full interview with Liberty Media’s John Malone on WarnerMedia-Discovery deal (CNBC)
  8. Big Oil Had a Bad Week. Why That’s Good News for Investors. (Barron’s)
  9. Natural Gas Prices Are Rising. Here Is the Stock to Play It. (Barron’s)
  10. Apple Stock Could Drop 30% If iPhones Sales Slow, Analyst Says (Barron’s)
  11. Biogen’s Alzheimer’s Drug Faces Its Moment of Truth. Biotech Investors Are Watching. (Barron’s)
  12. From Graham to Buffett and Beyond (Columbia)
  13. This Might Be the Most Bizarre Baseball Highlight in Years (Wall Street Journal)
  14. U.S. Corporate Bond Spreads Hit 14-Year Low as Economy Resurges (Bloomberg)
  15. Market sentiment readings suggest investors are fearful even as the S&P 500 nears record high (Business Insider)
  16. Costco is seeing inflation abound, impacting a slew of consumer products (CNBC)
  17. Millions of Americans in 24 states are set to lose unemployment benefits (CNBC)
  18. Here’s the firepower the Pentagon is asking for in its $715 billion budget (CNBC)
  19. President Biden is banking on a $3.6 trillion tax hike on wealthy Americans and big corporations. (New York Times)
  20. Carnival gets OK from CDC on port plans to restart cruising (USA Today)
  21. Why NASA Scientists Are So Excited by New Hints of Organic Compounds on Mars (Futurism)
  22. Scientists Say This Is the Maximum Human Lifespan (Futurism)
  23. Better Thinking & Incentives: Lessons From Shakespeare (Farnam Street)
  24. Americans Will Hit the Road With Highest Fuel Price Since 2014 (Bloomberg)
  25. Sam Zell’s success in business in seven rules (mrzepczynski)

Hedge Fund Tips with Tom Hayes – VideoCast – Episode 84

Article referenced in VideoCast above:

The “Astronaut in the Ocean” Stock Market (and Sentiment Results)…

Be in the know. 20 key reads for Friday…

  1. A Temporary U.S.-China Trade Truce Starts to Look Durable (New York Times)
  2. What Biden’s $6 Trillion Budget Means for Markets (Barron’s)
  3. Pinduoduo Is a Bet on China’s Continued Growth (Barron’s)
  4. Bet Big on the Recovery in Las Vegas With These Stock Picks. (Barron’s)
  5. It’s Time to Shift More Money to European Stocks, Fund Manager Says (Barron’s)
  6. Salesforce Stock Rallies as Earnings Top Expectations (Barron’s)
  7. Royal Caribbean Plans Vaccinated Cruise From Florida in June (Barron’s)
  8. Chesapeake, Once Bankrupt, Is Winning Fans (Barron’s)
  9. The Oracle of Omaha bets on Cincinnati: Warren Buffett becomes No. 3 holder in Kroger (USA Today)
  10. Japan’s Top Central Banker Joins Chorus of Bitcoin Critics (Bloomberg)
  11. SPACs Were Hot in 2020 and Are Hotter Now. Here’s Why (Bloomberg)
  12. U.S. banks are poised for ‘record level’ earnings in 2021, says IIF (CNBC)
  13. Rolls-Royce launches the ‘most ambitious’ car it’s ever created (CNBC)
  14. A Pressure Valve Opens for Bank Stocks (Wall Street Journal)
  15. Biden Expected to Propose $6 Trillion Budget (Wall Street Journal)
  16. ‘God Told Me to Put Money Into Hertz’: Small Investors Are Winning Big Again (Wall Street Journal)
  17. Popular US inflation gauge climbs at fastest rate since 2008 in April (Business Insider)
  18. New Street Research Downgrades Apple (AAPL) to Sell, ‘Brace for a 12S Downcycle’ (Street Insider)
  19. Immunity to the coronavirus may persist for years, what it could mean for vaccination efforts (Yahoo! Finance)
  20. Investors are underestimating Europe’s upturn (Financial Times)

Unusual Options Activity – GS Acquisition Holdings Corp II (GSAH)

Data Source: barchart

Today some institution/fund purchased 1,128 contracts of Nov. $15 strike calls (or the right to buy 112,800 shares of GS Acquisition Holdings Corp II (GSAH) at $15).   The open interest was just 284 prior to this purchase. Continue reading “Unusual Options Activity – GS Acquisition Holdings Corp II (GSAH)”