Be in the know. 8 key reads for Thursday…

  1. The end of oil, or just the beginning? (and Sentiment Results) (ZeroHedge)
  2. China Just Cut Tariffs on U.S. Goods. Here Are the Products That Benefit. (Barron’s)
  3. U.S. oil rises as OPEC+ committee calls for deeper cuts to global output amid coronavirus (MarketWatch)
  4. U.S. Trade Deficit Narrows for First Time in Six Years (Wall Street Journal)
  5. Adopting a dog? Coors Light offering $100 toward dog adoption fees for Valentine’s Day (USA Today)
  6. Mattress firm Casper receives sleepy IPO reception (Financial Times)
  7. China cuts Oil tariffs in half (Reuters)
  8. Exxon Mobil Won’t Cut Its Dividend. Here’s Why. (Yahoo! Finance)

The end of oil, or just the beginning? (and Sentiment Results)

In the past week, sentiment on the Energy Sector has sunk to an all-time low (despite having the highest estimated earnings growth of any sector – for 2020).  Several prominent market figures have even called for the end of the sector.

Mark Twain once said, “Reports of my death have been greatly exaggerated.”

Continue reading “The end of oil, or just the beginning? (and Sentiment Results)”

Unusual Options Activity – Southwestern Energy Company (SWN)

Data Source: barchart

Today some institution/fund purchased 626 contracts of Jan 2022 $2 strike calls (or the right to buy 62,600 shares of Southwestern Energy Company (SWN) at $2). The open interest was just 311 prior to this purchase. Continue reading “Unusual Options Activity – Southwestern Energy Company (SWN)”