Be in the know. 30 key reads for Saturday…

  1. Wall Street firms paid almost $3bn last year for retail brokers’ trades (Financial Times)
  2. A Piggly Wiggly warning for the Reddit investor rebels (Financial Times)
  3. Nordstrom brothers confident of overcoming trouble in store (Financial Times)
  4. Hindenburg Research Goes After ‘Wall Street Celebrity Promoter’ Chamath Palihapitiya (Institutional Investor)
  5. Clover Health Investments (CLOV) Issues Response to Short Seller Hindenburg Research (StreetInsider.com)
  6. Goldman Sachs Has 3 Contrarian Stocks to Buy Now That All Pay Big Dividends (24/7 Wall Street)
  7. GameStop’s meteoric gains have almost entirely disappeared — here’s advice for those who didn’t get out in time (MarketWatch)
  8. Opinion: Bucs, not Chiefs, will win one for the bulls if the Super Bowl Indicator is right (MarketWatch)
  9. More companies than usual are beating earnings estimates — and sales numbers are just as bullish for the stock market (MarketWatch)
  10. All of President Biden’s key executive orders — in one chart (MarketWatch)
  11. 5 Stocks That Are Most Sensitive to a Change in Oil Prices (MarketWatch)
  12. Feb. 16 is the next big day for Biden’s economic plan (MarketWatch)
  13. Here’s where the jobs are — in one chart (CNBC)
  14. Klobuchar Introduces Antitrust Bill Raising Bar for Technology Deals (Wall Street Journal)
  15. Biogen’s Alzheimer’s Drug Faces a Big Test (Barron’s)
  16. Bonds Send Message: Inflation Is Coming (Barron’s)
  17. Money Is Pouring Into Emerging Markets, and Out of the U.S. (Barron’s)
  18. Beijing lays down a marker in South China Sea (Financial Times)
  19. US-China investment flows belie geopolitical tensions (Financial Times)
  20. Biden Urges Fast Virus Relief as Minimum-Wage Hike Hopes Fade (Bloomberg)
  21. ‘Big Short’ investor Michael Burry paved the way for the GameStop frenzy when he bought a stake in 2019. Here’s the story of Burry’s game-changing bet. (Business Insider)
  22. Fiscal stimulus prospects and strong earnings tailwind may propel stocks in the week ahead (CNBC)
  23. Marc Randolph on Building Netflix, Battling Blockbuster, Negotiating with Amazon/Bezos, and Scraping the Barnacles Off the Hull (#496) (TimFerriss)
  24. As ‘Low Quality’ Stages a Comeback, This Utility Looks Set to Break Out (Barron’s)
  25. New Amazon CEO Can Either Help Workers and Sellers—or Automate Them Away (Wall Street Journal)
  26. Speculation & The Underdog (investoramnesia)
  27. The Best-Case Outcomes Are Statistical Outliers (Farnam Street)
  28. Fundamentals Still Matter (valuestockgeek)
  29. Stanley Druckenmiller, Chairman and CEO of Duquesne Family Office (Talks at GS)
  30. Amazon Union Election to Proceed as Labor Board Denies Delay Request (Wall Street Journal)

Hedge Fund Tips with Tom Hayes – VideoCast – Episode 68

Article referenced in VideoCast above:

The Good, the Bad, and the Ugly Stock Market (and Sentiment Results)…

 

Unusual Options Activity – Itaú Unibanco Holding S.A. (ITUB)

Data Source: barchart

Today some institution/fund purchased 31,102 contracts of Sept. $6 strike calls (or the right to buy 3,110,200 shares of Itaú Unibanco Holding S.A. (ITUB) at $6).   The open interest was just 259 prior to this purchase. Continue reading “Unusual Options Activity – Itaú Unibanco Holding S.A. (ITUB)”

Be in the know. 10 key reads for Friday…

  1. Regeneron Earnings Easily Beat; REGN Stock Rises (Investor’s Business Daily)
  2. Johnson & Johnson Seeks Emergency Authorization for Covid Vaccine (Barron’s)
  3. Nokia Stock Falls After Earnings. Look Out for ‘Atypical Volatility.’ (Barron’s)
  4. What the Super Bowl Means for Stocks (Barron’s)
  5. Gilead Says Covid Treatment Remdesivir Is Needed for Another Year (Barron’s)
  6. Energy stocks and bonds shine after brutal slump, even as Biden moves to curb fossil fuels (MarketWatch)
  7. Biden Signals Break With Trump Foreign Policy in a Wide-Ranging State Dept. Speech (New York Times)
  8. Quest for Hollywood Fame Splits Redditors at Heart of Market Frenzy (New York Times)
  9. U.S. Payrolls Miss Estimates After Bigger December Decrease (Bloomberg)
  10. White House Adviser Says Jobs Report Underscores Need for Aid (Bloomberg)