Be in the know. 12 key reads for Wednesday…

  1. Regeneron says antibody ‘cocktail’ helps COVID-19 patients recover quickly (New York Post)
  2. COVID-19 vaccine timelines hinge on how trials, FDA approvals work (New York Post)
  3. Why a V-Shaped Economic Recovery Is Still on Track (Barron’s)
  4. Why billionaire investor Leon Cooperman says there are ‘three stock markets,’ as he warns about danger in FAANG stocks (MarketWatch)
  5. Companies added better than expected 749,000 jobs amid jump in construction, hospitality, ADP says (CNBC)
  6. China’ factory activity grows sharply in September (MarketWatch)
  7. China’s services PMI rises for 7th straight month (MarketWatch)
  8. Pelosi, Mnuchin Resume Talks on Relief Package (Barron’s)
  9. Analyst who called rally off March bottom now sees this as the level to watch for stocks (Yahoo! Finance)
  10. Mymensingh Medical College Retrospective Study: Ivermectin Superior to Standard of Care for COVID-19 Patients (TrialSiteNews)
  11. Value Stocks Have Room for More Gains – BofA Securities (Street Insider)
  12. The Chevy Chevelle That Proved Its Worth (Wall Street Journal)

Unusual Options Activity – Carnival Corporation & Plc (CCL)

Data Source: barchart

Today some institution/fund purchased 15,220 contracts of April $20 strike calls (or the right to buy 1,522,000 shares of Carnival Corporation & Plc (CCL) at $20). The open interest was just 3,773 prior to this purchase. Continue reading “Unusual Options Activity – Carnival Corporation & Plc (CCL)”

Be in the know. 20 key reads for Tuesday…

  1. 10 Big Financial Stocks at Deep Discounts to Book Value (24/7 Wall Street)
  2. Stocks Rally, Driven by Bank and Energy Sectors (Wall Street Journal)
  3. The Federal Aviation Administration has certified General Electric’s GE9X engine for commercial flight (Barron’s)
  4. Trump-Biden debate could be an ‘important catalyst’ for investors, Goldman says, as its strategists remain ‘pro-risk’ (MarketWatch)
  5. It’s not too late to buy into the rebound, according to one strategist (CNBC)
  6. 5 charts show how much the U.S. and Chinese economies depend on each other (CNBC)
  7. Goldman Sachs says higher real yields ‘exacerbated’ the stock market sell-off (Business Insider)
  8. House Democrats roll out new $2.2 trillion stimulus plan that includes $600 federal unemployment benefits and a 2nd round of $1,200 direct payments (Business Insider)
  9. Stock Boom Gets Even Better for Banks (Wall Street Journal)
  10. Hot Stocks Molson Coors, Coca-Cola enter agreement to bring Topo Chico Hard Seltzer to U.S. (The Fly)
  11. 2021 Ford F-150 sets class tow rating record (FoxNews)
  12. Research Affiliates Finds No Value Explanation for ‘Exorbitantly Priced’ Tech Stocks (Institutional Investor)
  13. Navigating Q4 2020: Paul Tudor Jones’ 10 Investing Rules (ZeroHedge)
  14. 4 Small-Cap Energy Stocks With Healthier Balance Sheets (Barron’s)
  15. Mondelez Has Oreos. What More Does It Need to Thrive Even After the Pandemic? (Barron’s)
  16. Tampa Bay Lightning Win Stanley Cup After Season Played in Quarantine (Bloomberg)
  17. What to Expect at the First Presidential Debate of the 2020 Election (Barron’s)
  18. Here’s how the stock market tends to perform after the first presidential debates (MarketWatch)
  19. Safe havens are performing like ‘insurance that covers just one bedroom in the house,’ says JP Morgan (MarketWatch)
  20. Investors Remain Jittery After Biggest Equities Outflows Since March (Institutional Investor)