Be in the know. 21 key reads for Thursday…

  1. Overall Consumer Prices Were Unchanged in October (Barron’s)
  2. Companies with more women in management have outperformed their more male-led peers, according to Goldman Sachs (Business Insider)
  3. 6 Bank Stocks That Could Be Winners in 2021 (Barron’s)
  4. The Louis Armstrong, “What a Wonderful World” Stock Market (and Sentiment Results)… (ZeroHedge)
  5. AC/DC’s Wild Ride on the ‘Highway to Hell’ (Wall Street Journal)
  6. Alibaba Sets ‘Singles Day’ Sales Record (Wall Street Journal)
  7. Hollywood gets back to work as film permits rise 24 percent (New York Post)
  8. U.S. Initial Jobless Claims Decline by the Most in Five Weeks (Bloomberg)
  9. Moderna Poised to Take Vaccine Spotlight With Data Due (Bloomberg)
  10. Oil CEOs believe a demand recovery is coming, but volatility is here to stay (CNBC)
  11. ‘Help is coming — and it’s coming soon’: Dr. Fauci outlines when COVID-19 vaccination will be available to all Americans (MarketWatch)
  12. Energy Assault. The Energy Report 11/12/2020 (Phil Flynn)
  13. Google releases predictions of popular holiday gifts (USA Today)
  14. The stock market’s fear gauge is approaching a key technical level that could signal further upside for equities, Fundstrat’s Tom Lee says (Business Insider)
  15. Nissan Is an Unlikely Pandemic Winner (Wall Street Journal)
  16. Landowners in America: These people own the most land in the U.S. (USA Today)
  17. Bridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’ (Yahoo! Finance)
  18. Rob Arnott Sees Value Recovery Taking Root After Worst Meltdown Since 1931 (Institutional Investor)
  19. Consumer Sentiment Edges Higher – BofA Securities (Street Insider)
  20. American Airlines restarts China flights, bringing U.S. weekly total to 10 (Fox Business)
  21. Buy Raytheon, Spirit Because of Pfizer’s Vaccine News, Analyst Says. Here’s How Far Those Stocks Can Run. (Barron’s)

Unusual Options Activity – Teva Pharmaceutical Industries Limited (TEVA)

Data Source: barchart

Today some institution/fund purchased 2,764 contracts of June $14 strike calls (or the right to buy 276,400 shares of Teva Pharmaceutical Industries Limited (TEVA) at $14). The open interest was just 1,002 prior to this purchase. Continue reading “Unusual Options Activity – Teva Pharmaceutical Industries Limited (TEVA)”

Be in the know. 30 key reads for Wednesday…

  1. Wells Fargo says banks are the best economy comeback trade, tells clients to get ‘aggressive’ (CNBC)
  2. Goldman Sachs has just boosted its S&P 500 target. Here’s why (MarketWatch)
  3. Why Vince Vaughn Tried to Avoid Sequels Until Wedding Crashers 2 (MovieWeb)
  4. 12 Beaten-Up Stocks That Won’t Blow You Up (Barron’s)
  5. What’s in Store for Stocks, Stimulus, Trade, and Other Issues During a Biden Presidency (Barron’s)
  6. The Small-Cap Rally is Just Getting Started (Barron’s)
  7. FDA Authorizes Eli Lilly’s Covid Antibody Drug (Barron’s)
  8. Oil Prices Continue Their Rally. And Market Watchers Think There’s Room to Run. (Barron’s)
  9. The Stock Market Gained 10% Over Just 6 Days. Here’s What History Says Happens Next. (Barron’s)
  10. Pfizer’s News Ignited the Markets. How to Invest for a Post-Vaccine World. (Barron’s)
  11. Oil Prices Continue Their Rally. And Market Watchers Think There’s Room to Run. (Barron’s)
  12. Bank Stocks Still Have Room to Run Even With Challenges, Analyst Says (Barron’s)
  13. Lyft’s Revenues Top Estimates. It Still Expects a Profit in ‘21. (Barron’s)
  14. The Future Is Now for Industrials, as Renewable Power, Connectivity and Automation Converge (Barron’s)
  15. Alibaba Shatters Singles Day Sales Record At $56B — With Another 24 Hours To Go (Benzinga)
  16. Rocket Companies Revenue Up 163% In Record Q3 (Benzinga)
  17. Ackman places new bet against corporate credit (Financial Times)
  18. “It’s The Roaring ’20s Again”: Goldman Now Expects The S&P To Hit 4,600 In 2022 (ZeroHedge)
  19. U.S. Job Openings Are Rising Closer to Prepandemic Levels (Wall Street Journal)
  20. Lael Brainard’s Steady Rise Could Culminate in Treasury Secretary Post (New York Times)
  21. Why a Trump Loss May Be No Match for Rupert Murdoch’s Realpolitik (New York Times)
  22. The Covid-Winter Backyard: Fire Pits, Pizza Ovens and Patio Heaters (Wall Street Journal)
  23. Cyclical Stocks Power Dow Industrials Higher (Wall Street Journal)
  24. China Targets Alibaba, Other Homegrown Tech Giants With Antimonopoly Rules (Wall Street Journal)
  25. Theater Chains Are Loving This Summer Preview (Wall Street Journal)
  26. Parler, MeWe, Gab gain momentum (USA Today)
  27. The Global Rich Are Rushing to Buy U.K. Country Estates (Bloomberg)
  28. CEO sells stock worth $5.6 mln on same day as Pfizer’s COVID-19 vaccine update (Reuters)
  29. Billionaire investor Ray Dalio believes Ant’s IPO suspension was reasonable — and says not investing in China is ‘very risky’ (Business Insider)
  30. ‘The greatest hole-in-one in history’ just happened at the Masters, and it has to be seen to be believed (MarketWatch)