Be in the know. 30 key reads for Thursday…

  1. How Lee Iacocca Turned Getting Fired Into The Best Thing In The Long Run (Investor’s Business Daily)
  2. How a Simple Blood Test Could Reduce Cancer Deaths (Barron’s)
  3. 5 Things You Might Have Missed in the Fed’s Minutes (Barron’s)
  4. Not All Dividend Aristocrats Are the Same. Here Are 5 With the Fastest-Growing Payouts. (Barron’s)
  5. Job Openings Are Near Prepandemic Levels. Expect a Jolt of Hiring Post-Covid. (Barron’s)
  6. Citigroup Reports Earnings Next Week. How to Get Out in Front. (Barron’s)
  7. The Pandemic Took a Bite From Dividends in 2020. Now They’re Recovering. (Barron’s)
  8. 2 Home-Building Stocks That Could Be a Buy, Even If a Pullback Is Coming (Barron’s)
  9. This Time Is Different. Infrastructure Spending Could Actually Boost Stocks. (Barron’s)
  10. What Amazon’s Union Vote Means for Inflation (Barron’s)
  11. FDA Grants Full Approval to Gilead Breast Cancer Drug (Barron’s)
  12. Billionaire Peter Thiel warns bitcoin is a ‘Chinese financial weapon’ that needs tougher scrutiny (fnlondon)
  13. The biggest ‘inflation scare’ in 40 years is coming — what stock-market investors need to know (MarketWatch)
  14. The Dollar Bond Binge Will Come Home to Roost Even Without a Blow-Up (Wall Street Journal)
  15. As Americans start traveling again, airlines revive pilot hiring plans (CNBC)
  16. A large chunk of the retail investing crowd got their start during the pandemic, Schwab survey shows (CNBC)
  17. Fed Minutes Show Expectations for Stronger Economic Recovery (Wall Street Journal)
  18. Investors Big and Small Are Driving Stock Gains With Borrowed Money (Wall Street Journal)
  19. What’s in Biden’s Tax Plan? (New York Times)
  20. Amazon Is Helping to Resurrect the Labor Movement (Bloomberg)
  21. America’s Population Growth Looks to Be the Slowest Since 1918 (Bloomberg)
  22. JPMorgan’s Dimon Says ‘This Boom Could Easily Run Into 2023’ (Bloomberg)
  23. Yellen Says Tax Plan Recoups $2 Trillion in Overseas Profits (Bloomberg)
  24. Panasonic Bets on Tesla ‘Beer Can’ Battery to Unlock $25,000 EVs (Bloomberg)
  25. 3G Billionaires Snap Up Real Estate Bargains in Covid Hotbed (Bloomberg)
  26. The World’s Most Powerful Convertible Is a Study in Versatility (Bloomberg)
  27. US weekly jobless claims climb to 744,000 as unemployment remains persistently high Business Insider)
  28. Retail investors recovered faster than expected from February’s losses and data suggest older Americans are leading the latest round of buying (Business Insider)
  29. IHOP looks to reach goal of 10,000 new hires in coming months ahead of ‘restaurant renaissance’ (MarketWatch)
  30. Enbridge Seeks to Get More Gas to Energy-Hungry U.S. Northeast (Bloomberg)

The Van Morrison “Into the Mystic” Stock Market (and Sentiment Results)…

In recent weeks, we’ve talked about the concept of “crosswinds” in the market and that rather than focusing on the general indices, it was paramount to concentrate on sector rotation and the “rallies under the surface.” Continue reading “The Van Morrison “Into the Mystic” Stock Market (and Sentiment Results)…”

Be in the know. 15 key reads for Wednesday…

  1. U.S. Is Primed for Spring Hiring Spree (Wall Street Journal)
  2. Jamie Dimon says economic boom fueled by deficit spending, vaccines could ‘easily run into 2023’ (CNBC)
  3. Goldman and Morgan Stanley Analysts Battle Over Apple (AAPL) Services Revenue as Shares Test 50D SMA (streetinsider)
  4. Some Wall Street banks say rate-hike bets are overdone — so buy bonds (MarketWatch)
  5. U.S. jobs progress still far short of Fed’s ‘substantial’ tripwire (Reuters)
  6. Top Oil Stocks To Watch In U.S. Shale As New No. 1 Emerges In Permian Basin (Investor’s Business Daily)
  7. The recession is over in all but name. Why a retreat for stocks might be fast approaching, according to Deutsche Bank. (MarketWatch)
  8. Fed’s Mester lauds jobs report, but says loose policy is staying put (CNBC)
  9. Investors are selling their stocks even as the S&P 500 cruises to all-time highs, according to BofA (Business Insider)
  10. Amazon Is the Target of Small-Business Antitrust Campaign (Wall Street Journal)
  11. BP Signals Recovery for Oil Industry in Wake of Pandemic (Wall Street Journal)
  12. Real-Estate Losers in 2020, Like Hotel and Mall Owners, Starred in the First Quarter (Wall Street Journal)
  13. Shell to Turn First Oil Production Profit Since Pandemic (Barron’s)
  14. Odds Improve for Global Deal on Corporate Tax (Barron’s)
  15. Buy Exxon and Other Big Oil Stocks Instead of Chevron, Goldman Says (Barron’s)

Unusual Options Activity – Raytheon Technologies Corporation (RTX)

Data Source: barchart

Today some institution/fund purchased 26,591 contracts of June $85 strike calls (or the right to buy 2,659,100 shares of Raytheon Technologies Corporation (RTX) at $85). The open interest was 18,591 prior to this purchase. Continue reading “Unusual Options Activity – Raytheon Technologies Corporation (RTX)”