Unusual Options Activity – Invesco Mortgage Capital Inc. (IVR)

Data Source: barchart

Today some institution/fund purchased 1,894 contracts of Jan 2020 $4 strike calls (or the right to buy 189,400 shares of Invesco Mortgage Capital Inc. (IVR) at $4). The open interest was just 1,5359 prior to this purchase. Continue reading “Unusual Options Activity – Invesco Mortgage Capital Inc. (IVR)”

Be in the know. 10 key reads for Thursday…

  1. Gundlach, who called Trump’s 2016 election, predicts he’ll win again (Yahoo! Finance)
  2. The Gordon Gekko, “Gridlock is Good” Stock Market (and Sentiment Results)… (ZeroHedge)
  3. The Drain Game. The Energy Report by Phil Flynn (Price Group)
  4. Advisers Consider Whether Trump Can Cut Taxes Without Congress (New York Times)
  5. Stock-market futures perk up after weekly jobless claims put in first reading below 1 million in the pandemic era (MarketWatch)
  6. Inside the massive rotation rocking markets right now: Morning Brief (Yahoo! Finance)
  7. Why Nio Has A Shot At Becoming The ‘Tesla Of China’ (Benzinga)
  8. Stocks will soar 14% by the end of next year on unyielding optimism, long-standing bull Ed Yardeni says (Business Insider)
  9. Value stocks, which trade lowest to growth stocks since 2001, look like a smart play as the economy rebounds (MarketWatch)
  10. Trump wants stronger water flow in the shower — his Energy Department delivers (MarketWatch)

The Gordon Gekko, “Gridlock is Good” Stock Market (and Sentiment Results)…

Each week, I usually choose a song that embodies the theme of the Stock Market.  This week, I chose a character that Wall Street knows all too well, Gordon Gekko (from the 1987 classic film Wall Street).  Continue reading “The Gordon Gekko, “Gridlock is Good” Stock Market (and Sentiment Results)…”

Be in the know. 10 key reads for Wednesday…

  1. ‘Cable Cowboy’ John Malone’s Liberty Global lassos Sunrise Communications in $7.4 billion deal (MarketWatch)
  2. A virus vaccine will ‘bail out the bulls’, says fund manager (fn london)
  3. Lightning outlast Blue Jackets in 5-OT NHL playoff thriller (New York Post)
  4. The Phil Flynn Energy Report (Price Group)
  5. Gold prices dive amid vaccine hopes and rising Treasury yields (CNBC)
  6. Carl Icahn netted $1.3 billion from betting against brick-and-mortar shopping malls with an instrument that gained fame in the 2008 crisis. (Business Insider)
  7. Mnuchin urges Dems to pass $1T stimulus deal, but won’t speculate on compromise (Fox Business)
  8. CFOs Think They Know More Than They Do (Institutional Investor)
  9. Dwayne ‘The Rock’ Johnson, Ryan Reynolds among top-paid Hollywood actors of 2020 (Fox Business)
  10. U.S.-China trade deal in ‘fine’ shape, White House’s Kudlow says (Street Insider)

Be in the know. 10 key reads for Tuesday…

  1. Warren Buffett may have bought back a record $7 billion of Berkshire Hathaway stock in the past 3 months. (Business Insider)
  2. Small-Caps Are Playing Catch-Up (Barron’s)
  3. Russia Registers a Coronavirus Vaccine (Barron’s)
  4. Dow transports and Russell 2000 see ‘golden cross’ materializing (MarketWatch)
  5. SoftBank swings to profit after record loss as Vision Fund recovers (CNBC)
  6. 5 BofA Securities Stocks to Rotate to Now Before the Tech Sell-Off (24/7 Wall Street)
  7. How Goldman sees S&P 500 reacting to more U.S.-China tariffs and why November’s election result is key
  8. Bolsonaro and the generals: will the military defend Brazil’s democracy? (Financial Times)
  9.  Trump’s $400 unemployment boost would give Americans $708 a week, on average (CNBC)
  10. From Cocoa to Coffee and Sugar, Soft Commodities Stage Simultaneous Rally (Wall Street Journal)