- U.S. government taps Pfizer to produce millions of doses of potential coronavirus vaccine (CNBC)
- Weekly mortgage demand from homebuyers jumps even higher, up 19% annually (CNBC)
- Bill Ackman and Tontine Holdings rewrite the terms for SPACs (CNBC)
- Fed Deliberates How and When to Roll Out More Economic Support (Wall Street Journal)
- What did people say about wearing masks in the 1918 pandemic? It sounds familiar (Miami Herald)
Unusual Options Activity – Royal Dutch Shell plc (RDS-B)
Data Source: barchart
Today some institution/fund purchased 1,238 contracts of Jan 2022 $20 strike calls (or the right to buy 123,800 shares of Royal Dutch Shell plc (RDS-B) at $20). The open interest was just 141 prior to this purchase. Continue reading “Unusual Options Activity – Royal Dutch Shell plc (RDS-B)”
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 15 key reads for Tuesday…
- Here’s How Good Bank Earnings Were Without Accounting Changes (Barron’s)
- EU leaders reach $2 trillion deal on recovery plan after marathon summit (CNBC)
- The cyclical rotation is here, Jefferies analysts say. For real this time. (MarketWatch)
- Ford unveils electric Mustang Mach-E race car with 1,400 horsepower (CNBC)
- The stock market is positioned to rally if it can clear this low bar, fund manager argues (MarketWatch)
- Lockheed Martin’s stock rallies after profit and sales beat, raised outlook (MarketWatch)
- Gilead Sciences to pay $300 million for nearly half of Tizona, has option to buy the rest for $1.25 billion (MarketWatch)
- Warren Buffett’s dealmaker closed the biggest ‘blank-check’ takeover ever this month. Here’s why he may owe the Berkshire Hathaway chief for the deal. (Business Insider)
- Morgan Stanley warns tech stocks are unusually vulnerable to earnings disasters over the next few weeks. (Business Insider)
- Chicago Fed national activity index rose to record 4.11 in June from 3.5 in prior month (MarketWatch)
- Bill Miller’s Miller Value Partners 2nd-Quarter Market Letter (gurufocus)
- oronavirus Vaccine Data Raises Hope for Trio of Candidates (Wall Street Journal)
- 10 states where coronavirus-fueled unemployment is rebounding fastest (Fox Business)
- Retail Sales Rebound in Canada, Recouping All of Pandemic Losses (Bloomberg)
- IBM Works to Reshape Business as Coronavirus Uncertainty Lingers (Wall Street Journal)
Technology Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Technology Sector ETF (XLK) top 30 weighted stocks. Continue reading “Technology Earnings Estimates/Revisions”
Communication Services Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Communication Services Sector ETF (XLC). Continue reading “Communication Services Earnings Estimates/Revisions”
Where is money flowing today?
Financials (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Financials Sector ETF (XLF) top 30 weighted stocks. Continue reading “Financials (top 30 weights) Earnings Estimates/Revisions”