Be in the know. 15 key reads for Saturday…

  1. Block-Trade Bevy Wipes $35 Billion Off Stock Values in a Day (Bloomberg)
  2. GSK and Vir Submit Covid-19 Drug for FDA Authorization (Barron’s)
  3. Gilded Age or Roaring Twenties? (investoramnesia)
  4. The Value Stock Rotation Isn’t Over—Not by a Long Shot (Barron’s)
  5. Higher Taxes? Deficit Spending? Why the Stock Market Isn’t Worried. (Barron’s)
  6. European Stocks Look Tempting. No, Really. (Barron’s)
  7. Here’s what tax hikes could mean for the stock market as Biden pushes infrastructure plan (MarketWatch)
  8. China Signs 25-Year Deal With Iran in Challenge to the U.S. (Bloomberg)
  9. ‘It’s crazy. There is no inventory.’ Housing industry veteran marvels at real estate boom (CNN Business)
  10. US fears China is flirting with seizing control of Taiwan (Financial Times)
  11. Big Oil lobbyist throws weight behind carbon pricing (Financial Times)
  12. What Discord Is, and Why Microsoft Covets It (Bloomberg)
  13. John Stuart Mill’s Philosophy of Equality (Farnam Street)
  14. Influencers with Andy Serwer: Ray Dalio (Yahoo! Finance)
  15. Payday Might Be Coming for U.S. Bank Investors (Wall Street Journal)

Be in the know. 15 key reads for Friday…

  1. Fed lifts curbs on US banks’ share buybacks and dividends (Financial Times)
  2. Aston Martin bets on a Formula One comeback to revive the brand (Financial Times)
  3. Earnings Forecasts Are Low. What That Means for Stocks (Barron’s)
  4. Merck’s Little Brown Pill Could Transform the Fight Against Covid (Bloomberg)
    Jefferies Upgrades Altria (MO) to Buy; ‘Underappreciated RRP, Cannabis and ESG Optionality’ (Street Insider)
  5. 5 High-Yielding Dividend Aristocrat Stocks Are Perfect Now for Worried Investors (24/7 Wall Street)
  6. Race to dislodge Suez blockage as shipping rates surge, tankers diverted away (Reuters)
  7. Global money market funds get highest inflows in 13 weeks, Lipper data show (Reuters)
  8. The Pandemic Has Hurt Rite Aid and Walgreens. Here’s Why That Might Change. (Barron’s)
  9. Yes, You Can Retire on Dividends. 10 Stocks to Build an Income Stream for the Long Haul. (Barron’s)
  10. Andrew Left Channels GameStop, Naming Heavily-Shorted Root as Best Stock Pick of 2021 (Institutional Investor)
  11. Companies raise record $140bn in US junk bond market in first quarter (Financial Times)
  12. Powell Says Now Is Not the Time to Focus on Reducing Federal Debt (Wall Street Journal)
  13. Berkshire Hathaway Offers to Spend $8.3 Billion on Emergency Power Plants in Texas Wall Street Journal)
  14. With Negative Rates, Homeowners in Europe Are Paid to Borrow (Wall Street Journal)
  15. Powell says Fed will ‘gradually’ cut its bond-market footprint — some think this year (MarketWatch)

Be in the know. 25 key reads for Thursday…

  1. Amazon Faces Growing Worker Pressure in Shadow of Alabama Union Vote (Wall Street Journal)
  2. Green Energy Spinoffs Can Help Investors Clean Up (Wall Street Journal)
  3. Consumer Spending Explodes, Driven By Vaccine Recipients, Millennials Splurging On Airlines, Restaurants (ZeroHedge)
  4. Stock futures slide as Powell warns Fed could taper asset purchases (Fox Business)
  5. Institutional Investors Have Been Influenced by Reddit — But They Still Don’t Trust It (Institutional Investor)
  6. Billionaire Investor Ray Dalio Believes That Governments Are Likely To Outlaw Bitcoin (Benzinga)
  7. 3 Oil Stocks to Buy After the Selloff (Barron’s)
  8. Banks to Continue Benefiting from Ongoing Growth-to-Value Rotation – Morgan Stanley (Street Insider)
  9. It’s ‘all systems go’ for global growth and the risk rally, Barclays says. Here’s how to play it. (MarketWatch)
  10. Pfizer says Ibrance gives more survival time to some breast-cancer patients (MarketWatch)
  11. Wall Street Anxious to See How New Citigroup CEO Can Improve Returns (Barron’s)
  12. U.S.-China Tensions Are Rising. Nike Stock Is Paying the Price. (Barron’s)
  13. Biogen Investors Want News on Alzheimer’s Therapy. 2 More Key Points to Watch. (Barron’s)
  14. H&R Block Wants to Do More Than Your Taxes. Why Its Stock Is a Buy (Barron’s)
  15. Chinese Tech Stocks Slump in Hong Kong as SEC Implements Delisting Law (Barron’s)
  16. Suez Canal Is Blocked by Container Ship Causing Huge Traffic Jam (Wall Street Journal)
  17. Democrats Weigh Increases in Corporate, Personal Income-Tax Rates (Wall Street Journal)
  18. Carbon Tax Sidelined in Biden’s Push on Climate, Taxes (Wall Street Journal)
  19. Jerome Powell Says Better Outlook Reflects Vaccine Progress, Fiscal Aid (Bloomberg)
  20. Ed Yardeni Can Live With Higher Yields for the Sake of Earnings (Bloomberg)
  21. U.S. State Jobless Claims Fell to Pandemic-Era Low Last Week (Bloomberg)
  22. Clorox Bets Big on Not Going Back to Normal (Bloomberg)
  23. Drill, Baby, Drill Hasn’t Died in the U.S. Shale Patch (Bloomberg)
  24. U.S. GDP growth in fourth quarter raised slightly to 4.3% — and all signs point to economy speeding up (MarketWatch)
  25. JPMorgan says stimulus checks are driving less retail-investing activity than the last round of payments (Business Insider)

Unusual Options Activity – UWM Holdings Corporation Class (UWMC)

Data Source: barchart

Today some institution/fund purchased 2,569 contracts of August $14 strike calls (or the right to buy 256,900 shares of UWM Holdings Corporation Class (UWMC) at $14). The open interest was just 343 prior to this purchase. Continue reading “Unusual Options Activity – UWM Holdings Corporation Class (UWMC)”