Be in the know. 20 key reads for Tuesday…

  1. Merck’s Covid-19 Antiviral Shows Early Promise (Barron’s)
  2. How Wall Street’s 24 Best-Loved Stocks Can Help Tell What’s Ahead (Barron’s)
  3. Theater Chains Were at Hollywood’s Mercy During Pandemic. That May Be Changing. (Barron’s)
  4. Why One Coca-Cola Skeptic Is Now a Believer Again (Barron’s)
  5. Another Costco Bull Defends the Stock Post-Earnings (Barron’s)
  6. Why David Tepper says ‘it’s very difficult to be bearish’ on the stock market (MarketWatch)
  7. Airbnb, Lyft and Other Stocks Set to Benefit From a Consumer Spending Boom (Barron’s)
  8. Vaccinated Americans, Let the Unmasked Gatherings Begin (but Start Small) (New York Times)
  9. Pfizer-BioNTech Covid Shot Neutralizes Brazilian Strain in Lab (Bloomberg)
  10. China’s $1 Trillion Stock Rout Tests Limit of State Intervention (Bloomberg)
  11. Rise of the retail army: the amateur traders transforming markets (Financial Times)
  12. Private Equity’s Time May Have Come for Bank Deals (Wall Street Journal)
  13. This Isn’t Inflation’s TIP-ping Point (Wall Street Journal)
  14. House Progressives Back Revised Covid-19 Aid Bill as Vote Nears (Wall Street Journal)
  15. The Energy Report 03/09/2021 (Phil Flynn)
  16. Walgreens has administered 5 million COVID-19 vaccine shots (MarketWatch)
  17. Shell Strikes $926 Million Deal to Sell Oil Assets in Egyptian Desert (Yahoo! Finance)
  18. OPEC’s sneaky oil move may leave energy markets thirsty (Fox Business)
  19. Cliff Asness Has Once Again Come to Value’s Defense (Institutional Investor)
  20. AMC Sees Price Target Doubled At Wedbush Amid Meme Stock Renaissance (Benzinga)

Unusual Options Activity – Petróleo Brasileiro S.A. – Petrobras (PBR)

Data Source: barchart

Today some institution/fund purchased 30,236 contracts of July $9 strike calls (or the right to buy 3,023,600 shares of Petróleo Brasileiro S.A. – Petrobras (PBR) at $9). The open interest was 24,024 prior to this purchase. Continue reading “Unusual Options Activity – Petróleo Brasileiro S.A. – Petrobras (PBR)”

Be in the know. 17 key reads for Monday…

  1. Covid-19 Pill Shows Promise in Preliminary Testing (Wall Street Journal)
  2. In Just Hours, Kuroda Kills Weeks of Selling in Japanese Bonds (Bloomberg)
  3. “Balls To The Wall” 2.0 – David Tepper Turns Bullish On Stocks, Sees Bonds Stabilizing (ZeroHedge)
  4. Financial Stocks Have Crushed Tech. The Trade Is Still Alive (Barron’s)
  5. BOJ’s Kuroda brushes aside chance of widening yield band at March review (Yahoo! Finance)
  6. Buyback authorizations total $126 billion YTD, 50% greater than the same time last year and the largest total at this point during the year on record (Yahoo! Finance)
  7. David Tepper is getting bullish on stocks, believes rising rates are set to stabilize (CNBC)
  8. Key Saudi Arabian Oil Site Attacked, Stoking Regional Tensions (Bloomberg)
  9. Investors Rotate to Reflation Trades After U.S. Senate Passes Stimulus Plan (Barron’s)
  10. Vertex Stock Fell After a Setback on a New Drug. It’s an Opportunity for Investors. (Barron’s)
  11. GE Nears Deal to Combine Aircraft-Leasing Unit With AerCap (Wall Street Journal)
  12. Analysis: Iran slips record volume of oil into China, reaches out to Asian clients for trade resumption (Reuters)
  13. Goldman Economists See 4.1% Unemployment in U.S. by End of Year (Bloomberg)
  14. Value’s Long-Awaited Dawn May Finally Be Here (Bloomberg)
  15. Young people looking to spend almost half of their stimulus check on stocks: Survey (CNBC)
  16. 7 reasons why investors should buy the stock market’s recent dip, even as bond yields surge, according to Fundstrat’s Tom Lee (Business Insider)
  17. Corporate America bounces back from the pandemic (Financial Times)

Be in the know. 15 key reads for Sunday…

  1. S&P 500 Seasonal Pattern Suggests Weakness Likely Ending Soon (Almanac Trader)
  2. William J. Bernstein on Crowd Behavior (Podcast) (Bloomberg)
  3. 11 Best Oil Tanker Stocks To Buy Now (Insider Monkey)
  4. Move over GameStop, hockey cards are emerging as the hottest bull market on the planet (Financial Post)
  5. Senate approves Biden’s $1.9tn stimulus plan (Financial Times)
  6. Brand New 464-Foot-Long Superyacht Is Like ‘A Warship Wearing A Tuxedo’ (Forbes)
  7. New Yorkers head to Times Square for first ‘movie date night’ amid COVID (New York Post)
  8. Rupert Murdoch prepares to hand over his media empire (The Economist)
  9. From Alabama to Wyoming: The Most Expensive Home for Sale in Every State (Robb Report)
  10. Coming 2 America: How Rapper Rick Ross’s Atlanta Mansion Turned Into Zamunda (architecturaldigest)
  11. From Pfizer to Moderna: who’s making billions from Covid-19 vaccines? (theguardian)
  12. Suburban Home Sales Soar in the New York Region (New York Times)
  13. Anyone Who’s Anyone Has a SPAC Right Now (New York Times)
  14. Your Thinking Rate Is Fixed (Farnam Street)
  15. The Transcript 03.01.20 (theweeklytranscript)

Be in the know. 40 key reads for Saturday…

  1. Value investor John Rogers sees an end to Big Tech’s stock market dominance (Financial Times)
  2. Put Costco Stock in Your Shopping Cart, Analysts Say. It’s Starting to Look Like a Bargain. (Barron’s)
  3. The March Seasonality Calendar for Long-Term Treasuries (quantifiableedges)
  4. Warren Buffett’s Dividend Payback (DGI)
  5. Crash Landing on Stock Heroes of Yesteryear Is Worst in a Decade (Bloomberg)
  6. Where Have All the Houses Gone? (New York Times)
  7. Momentum Quants Will Unleash the ‘Most Turbulent Rebalance Ever’ (Bloomberg)
  8. Dr. John Malone Joins Us For Our 100th Episode (KindredCast)
  9. Tech Stocks Lose $1.6 Trillion in Worst Streak in Six Months (Bloomberg)
  10. Emerging markets suffer first outflows since October on rate jump (Financial Times)
  11. In a Surprise Twist, Most Activist Shorts Are Up This Year (institutionalinvestor)
  12. LGI Homes CEO sees housing demand staying strong even as mortgage rates tick up (CNBC)
  13. Longtime investor Mario Gabelli on what he learned from Warren Buffett’s 2021 letter (CNBC)
  14. Bank Stock Rally Shows Few Signs of Faltering Soon (Bloomberg)
  15. Jeff Ubben Bought Up Exxon Stock (Barron’s)
  16. Covid-19 Pill Shows Promise in Preliminary Testing (Wall Street Journal)
  17. Cold weather brings near record-high natural gas spot prices (EIA)
  18. Walter Isaacson on CRISPR, Jennifer Doudna, Gene Editing, and the Future of the Human Race (#503) (Tim Ferriss)
  19. February Hiring Sets Up Stronger Spring Recovery (Wall Street Journal)
  20. EV Stocks Have Lost a Ton of Value. Here’s How Much Has Gone to Money Heaven. (Barron’s)
  21. 69 Percent of Americans Want the COVID Vaccine (Futurism)
  22. There’s Reason for Optimism. That’s Bad News for Tech. (Barron’s)
  23. Oakmark’s Bill Nygren discusses the two different markets (CNBC)
  24. Tesla and Other Hypergrowth Stocks Could Tear Down What They Built Up (Barron’s)
  25. Flashing Caution Lights Are Ahead in China. Here’s How Investors Should Proceed. (Barron’s)
  26. Peter Lynch is the GOAT (ritholtz)
  27. The Reflation Trade Is Stirring Growing Pains in Growth Stocks. Here’s Why. (Barron’s)
  28. Nuclear Power Reinforces Its Role in Clean Energy. That Will Boost Uranium Prices. (Barron’s)
  29. Buy Boeing Stock. Things Are Finally Going Right With the MAX Jet, Pandemic, and Oil Prices. (Barron’s)
  30. Apple to Face Antitrust Charges Over Spotify Complaint, Reports Say. Why It’s Just the Latest Challenge for Big Tech. (Barron’s)
  31. This is the electric vehicle bubble. And this is the crash. (Financial Times)
  32. High-priced tech stocks sink further into bear market territory (Financial Times)
  33. The Biggest Players in the Short-Selling Game Are Getting a Pass (Bloomberg)
  34. How Remote Work Is Reshaping America’s Urban Geography (Wall Street Journal)
  35. Hollywood Renews Love for Westerns: Good, Bad, Binge-Worthy (Wall Street Journal)
  36. Traders Plowed Billions Into Electric-Car Stocks Before Slump (Bloomberg)
  37. Covid Drug 80 Times More Potent Than Trump’s Tested in Italy (Bloomberg)
  38. ‘Big Short’ investor Michael Burry has warned of a stock-market bubble and slammed Tesla, Robinhood, bitcoin, and the GameStop frenzy in recent weeks. Here are his 17 best tweets. (Business Insider)
  39. Democrats reach deal on unemployment aid, allowing $1.9 trillion relief bill to go forward (CNBC)
  40. People Are Obsessed With the Vaccine That Only Requires One Dose (Futurism)

Hedge Fund Tips with Tom Hayes – VideoCast – Episode 72

Article referenced in podcast above:

The Diana Ross “Upside Down” Stock Market (and Sentiment Results)…