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)”

Be in the know. 20 key reads for Tuesday…

  1. Hedge Funds See Something in the Reflation Trade They Don’t Like (Bloomberg)
  2. Why Analysts Are Bullish on Banks’ Upcoming Earnings (Barron’s)
  3. BP Hits Debt Reduction Target a Year Early. Share Buybacks Are Coming. (Barron’s)
  4. Real and Imagined. The Energy Report 04/06/2021 (Phil Flynn)
  5. Bank M&A Is Picking Up Again. Seven Lenders to Watch. (Barron’s)
  6. The SPAC Bust Has Created Bargains for Investors. How to Play it. (Barron’s)
  7. Kim Kardashian is officially a billionaire (New York Post)
  8. Biden and Democrats Detail Plans to Raise Taxes on Multinational Firms (New York Times)
  9. This Just Might Be the Best U.S. Economy Ever (Barron’s)
  10. The Robinhood Generation Is Debating Old School Investors on Trading Stocks (Bloomberg)
  11. Fast food struggles to hire as demand soars, U.S. economy roars (Reuters)
  12. BofA keeps $10 target on GameStop despite ‘positive’ funding news (TheFly)
  13. Housing Market Euphoria Craziest In Years As Inventory Sinks To New Low (ZeroHedge)
  14. Opinion: U.S. stocks will continue to beat the alternatives (MarketWatch)
  15. U.S. job openings jump to 7.37 million and top pre-pandemic levels as economy surges (MarketWatch)
  16. Day of 4 Million Vaccines Signals Sharp Turnaround for U.S. (Bloomberg)
  17. Fundstrat’s Tom Lee explains why he expects a ‘face-ripper rally’ in April (CNBC)
  18. Schumer says Senate could pass an additional bill without GOP votes (CNBC)
  19. Top Wall Street Strategist Focuses on Secure Dividend Stocks: 5 Top Buys (24/7 Wall Street)
  20. The New Shortage: Ketchup Can’t Catch Up (Wall Street Journal)

Be in the know. 30 key reads for Monday…

  1. 9 Beaten-Down Stocks That Look Promising (Barron’s)
  2. Wall Street set to rise after strong jobs data; eyes on services sector survey (Reuters)
  3. This simple chart nails why stocks are up: Morning Brief (Yahoo! Finance)
  4. Goldman Sachs Says Buy Energy After Pullback: 3 Dividend-Paying Stocks to Buy Now (24/7WallSt)
  5. US companies are expected to see their strongest profit growth in nearly 20 years after downward revisions were ‘too aggressive’ (Business Insider)
  6. Betrayal. The Energy Report 04/05/2021 (Phil Flynn)
  7. Consumer Staples Have Been Left Out of the Stock Rally. It Might Be Time to Buy. (Barron’s)
  8. IPOs Post Their Best Record Since 1995. What Comes Next. (Barron’s)
  9. Uneven Gains in Job Market Give Investors a Goldilocks Moment. Can It Last? (Barron’s)
  10. J&J Will Manufacture Its Own Vaccine at Emergent Facility Where Doses Were Ruined (Barron’s)
  11. The Stock Market’s First Quarter Was Strong. What Comes Next. (Barron’s)
  12. Individual Investors Retreat from Markets After Show-Stopping Start to 2021 (Wall Street Journal)
  13. If You Sell a House These Days, the Buyer Might Be a Pension Fund (Wall Street Journal)
  14. The Post-Pandemic Office Is Already Here—in Australia (Wall Street Journal)
  15. How Big Is Amazon, Really? (New York Times)
  16. GameStop to Offer Up to $1 Billion in Shares; Stock Declines (Bloomberg)
  17. Tesla China Demand Fuels ‘Home Run’ Quarter for Deliveries (Bloomberg)
  18. Do-Nothing SPACs Sag, Offering Investors a $1.1 Billion Return (Bloomberg)
  19. Investors should buy real assets – from wine to art – as inflation reaches a ‘secular turning point,’ Bank of America says (Business Insider)
  20. Las Vegas shows reopen: Here’s what will be different for audiences and performers (USA Today)
  21. Here’s the $4.5 trillion ‘firepower’ that will drive stocks higher in April, says strategist Thomas Lee (MarketWatch)
  22. US Airports Busiest In More Than Year On Good Friday (ZeroHedge)
  23. Biden says his $2.3-trillion infrastructure plan will create 19 million jobs — most would not require a college degree (MarketWatch)
  24. ‘Godzilla vs. Kong’ has best box-office debut since pandemic started (MarketWatch)
  25. Norwegian Cruise stock surges after plan submitted to CDC to resume U.S. cruises in July (MarketWatch)
  26. Opinion: How to make money from stocks — while you sleep (MarketWatch)
  27. Palm Beach County Mansions Scooped Up in Hot Pandemic Market (Bloomberg)
  28. CVS to now offer COVID-19 antibody tests for $38 (MarketWatch)
  29. Britian to Launch Large-Scale Effort to Find Pill for Early Onset Mild-to-Moderate COVID-19: Will they Include Repurposed Generics in the Investigation? (TrialSiteNews)
  30. Alibaba May Be Seeing Tough Times But, Alongside Tencent, Remains ‘The Benchmark’ For Chinese Tech Stocks: Analyst (Benzinga)