Be in the know. 20 key reads for Friday…

  1. Warren Buffett will discuss stocks, deals, and the pandemic at Berkshire Hathaway’s annual meeting on Saturday. Here are 18 questions he might answer. (Business Insider)
  2. EU says Apple’s App Store breaks competition rules after Spotify complaint (CNBC)
  3. Goldman Sachs Sees $80 Oil This Year: 4 Conviction List Energy Stocks to Buy Now (24/7 Wall Street)
  4. AstraZeneca Reveals Covid-19 Vaccine Sales. That Isn’t Why the Stock Is Rising. (Barron’s)
  5. It May Be Time to Check In to InterContinental Stock (Barron’s)
  6. Why It’s Great News That Cyclical Stocks Are Selling Off on Earnings (Barron’s)
  7. SPACs Switch Their Ticker Symbols—and Shares Climb. What’s Really Going On. (Barron’s)
  8. What Ails Gilead’s Sales (Barron’s)
  9. Apple’s Spectacular Earnings Aren’t Lifting the Stock. The Worry Is Growth. (Barron’s)
  10. Kraft-Heinz thrives as pandemic spurs home dining (New York Post)
  11. Cyclical Stocks Are Selling Off on Earnings. Why That’s Great News. (Barron’s)
  12. Apple v. Epic: What to expect from a trial that could change antitrust law and the mobile-app ecosystem (MarketWatch)
  13. Oil’s Rebound Greases the Way for Energy Giants’ Green Pitch (Wall Street Journal)
  14. U.S. fast-food chains cash in, seize market share during pandemic (Reuters)
  15. 5 Best Chinese Stocks To Buy And Watch Now (IBD)
  16. Amazon Continues To Outpace Google, Facebook On Ad-Revenue Growth: What You Need To Know (Benzinga)
  17. Cobalt price jump underscores reliance on metal for electric vehicle batteries (Financial Times)
  18. Exxon and Chevron surge back to profit (Financial Times)
  19. Colgate-Palmolive stock gains after profit, sales top expectations (Yahoo! Finance)
  20. Warren Buffett generates half of his dividend income from these stocks: Apple, Bank of America, Coca-Cola (USA Today)

Be in the know. 20 key reads for Thursday…

  1. Nokia Earnings Were Surprisingly Good. The Stock Is Soaring. (Barron’s)
  2. 25 Undervalued Stocks with Earnings Set to Beat Pre-Covid Levels (Barron’s)
  3. Amazon Is Likely to Post Blowout Profits. The Question Is What Follows. (Barron’s)
  4. Oil aims for 3-day win streak on demand optimism (MarketWatch)
  5. Texas Instruments Weighs In on the Chip Shortage—and Creates Confusion (Barron’s)
  6. Treasury yields come off highs as Fed’s Powell pushes back on taper speculation (MarketWatch)
  7. Apple Couldn’t Dodge Chip Pain Forever (Wall Street Journal)
  8. Google Springs Forward (Wall Street Journal)
  9. Northrop Grumman (NOC) Tops Q1 EPS by $1.09; Raises Guidance (streetinsider)
  10. Optimistic Breakout. The Energy Report 04/29/2021 (Phil Flynn)
  11. Shell (RDS) Gains on Raised Dividend and Q1 Beat, Analyst Says ‘Earnings Power Intact’ (streetinsider)
  12. Fed Chair Powell In Response To GameStop, Dogecoin Mania Says He Sees ‘Froth In Equity Markets’ (Benzinga)
  13. McDonald’s revenue tops pre-pandemic levels, fueled by the strong U.S. recovery (CNBC)
  14. Chip shortages for iPads and Macs may cool Apple’s hot streak (CNBC)
  15. These two stocks unloved by analysts may be worth a second look (CNBC)
  16. CDC to cruise industry: Sailing could restart in mid-July (USA Today)
  17. U.S. Recovery Gains Steam as Spending Fuels 6.4% GDP Growth (Bloomberg)
  18. Verizon Explores Sale of Media Assets, Including Parts of Yahoo and AOL (Wall Street Journal)
  19. Biden Proposal Would Close Longtime Real-Estate Tax Loophole (Wall Street Journal)
  20. Private Equity and Hedge Funds, Facing a New Tax Burden, Prepare Their Defense (Wall Street Journal)

Unusual Options Activity – Enterprise Products Partners L.P. (EPD)

Data Source: barchart

Today some institution/fund purchased 25,600 contracts of Jan ’23 $15 strike calls (or the right to buy 2,560,000 shares of Enterprise Products Partners L.P. (EPD) at $39). The open interest was just 3,749 prior to this purchase. Continue reading “Unusual Options Activity – Enterprise Products Partners L.P. (EPD)”

Be in the know. 17 key reads for Wednesday…

  1. Taper Talk? Inflation Outlook? Here Are 4 Things to Watch in Fed’s Policy Update (Barron’s)
  2. Analysts Have Higher Hopes for These 4 Energy Stocks (Barron’s)
  3. Amazon Is Likely to Post Blowout Profits. The Question Is What Follows. (Barron’s)
  4. Inflation Is Coming. 5 Stocks to Buy Now. (Barron’s)
  5. Facebook Reports Earnings Wednesday. What to Expect. (Barron’s)
  6. What’s in $1.8 Trillion Biden Spending Plan Funded by Taxes (Bloomberg)
  7. Gundlach Says Fed Is Guessing That Inflation Will Be Transitory (Bloomberg)
  8. Shoemaker Allbirds reportedly in talks with banks for IPO (CNBC)
  9. Biden to unveil $1.8 trillion plan for families — here’s what’s in it (CNBC)
  10. General Electric (GE) Falls on Revenue Miss, But Still Plenty of Runway for the Turnaround Bull Case Says Analyst (Street Insider)
  11. The Best Managers Aren’t in It Just for the Money (Institutional Investor)
  12. GSK chief defends against accusations of flat performance (Financial Times)
  13. Apple To Slash AirPods Production Due To Competition From Cheaper Alternatives (Benzinga)
  14. India’s surging Covid-19 cases shouldn’t dissuade investors from buying emerging markets equities, UBS Wealth Management says (Business Insider)
  15. Investors are still keeping their cash levels high — but here’s what’s drawing them to stocks, UBS says (MarketWatch)
  16. Shoppers Return to Malls, With an Urge to Spend (Wall Street Journal)
  17. U.S. Warship Fires Warning Shots in Encounter With Iranian Vessels (Wall Street Journal)