Over the past couple weeks, there have been some rather large bullish bets being made in the options market using SLV and TIP.
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 |  | Good morning. Over the past couple weeks, there have been some rather large bullish bets being made in the options market using SLV and TIP. These are ETFs that track silver and Treasury Inflation Protected Securities (TIPS).
It's interesting that inflation fear trades are building at a time when so much malaise is spread over the world. However, when you consider the amount of stimulative action by the Federal Reserve and the U.S. government, it may not be a mystery at all. | |  | |  |  |  |  | Marijuana's Breakout Year Is Here |  |  | No one could have predicted the coronavirus outbreak. Fewer still imagined that the DOW would plummet by 10% - the worst single-day drop since Black Monday 1987. But now there is a way to accurately pinpoint surging pot stocks before they take off.
[Learn more...] |  |  |  |  |  | DOW 22,679.99 | +7.73% |  | |  | S&P 2,663.68 | +7.03% |  | |  | NASDAQ 7,913.24 | +7.33% |  | |  | | *As of market close |  | | • | Stocks finished higher by 7.03, as the $2640 resistance was broken. |  | | • | Oil prices fell 7.30%, despite production cuts moving closer to reality. |  | | • | Gold prices rose 3.50%, as more traders start to price in potential inflation in coming months. |  | | • | Cryptocurrencies traded higher, with Bitcoin finishing 7.5% higher closing at $7310. | |  | | | |  |  | | 4 High Cash Gold Stocks to Consider as the Fed Prints Trillions |  |  |  | Over the past month, the Federal Reserve has announced extraordinary measures to support the financial stress that the COVID-19 measures have taken on the economy. Since September 11, 2019, the Fed has increased the size of their balance sheet from $3.76 trillion to a record $5.8 trillion.
Of that increase, $1.65 trillion has occurred since February 26. This puts gold in the most bullish position since 2008 that led to gold hitting record highs.
» FULL STORY |  | | |  |  |  | Marijuana Considered Essential During COVID-19 Lockdown and so do Option Traders |  |  |  | Over the past couple weeks, many states have considered medical marijuana dispensaries and other pot shops as essential and can remain open. This type of "thumbs up" shows a level of acceptance in society that, if doubted, cannot be doubted anymore.
On Monday, option traders began stocking up, just a after the open, going long over 4500 call options contracts for the 9 APR 20 $7 strike price for around $0.17 and up.
» FULL STORY |  | | |  |  |  | This Regional Bank Stock is Seeing the Most Numbers of insiders Buying |  |  |  | Of companies that have a market cap of $1 billion or higher and an average daily trade value of $10 million or more, there are only 39 companies that have seen at least two insider transactions totaling 50,000 shares or higher. At the top of companies that have the highest number of insider buys is CIT Group Inc. (CIT).
» FULL STORY |  | | |  |  |  |  | | TOP |  | | PVH | 28.138% |  |  | | CPRI | 25.909% |  |  | | JWN | 24.138% |  |  | | KSS | 22.937% |  |  | | MGM | 22.023% |  |  | | BOTTOM |  | | CARR | 8.747% |  |  | | CPB | 3.876% |  |  | | OTIS | 2.916% |  |  | | BMRN | 1.71% |  |  | | EOG | 1.153% |  |  | |  |  |  |  |  | | Many companies will go bust, dividends will be slashed, many investment-grade bonds will morph into junk, foreign borrowers may default on their dollar-denominated debt and so forth…'surviving companies' will face less competition and a clearer runway to take off in the aftermath of the crisis. |  | - Jim Masturzo, Head of Asset Allocation PIMCO, quoted by Bloomberg |  | |
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