Ideas from readings

Here are some ideas that I need to do further work,

• 08/06/2018
  • IQ iQiyi Continues Its Relentless Run
    Being likened to Netflix is a lot of pressure for a young company, but so far iQiyi is living up to the comparison.
•  06/29/2018
  • think about buy puts of drug supply chain stocks because Amazon’s recent advancement in this market
  • Use VIX to bet on the volatility, Hedge Fund That Made 6,000% on VIX Jump Bets on Next Blow-UpNow, the $7.5 million fund sees trouble in an ETF designed to profit from the opposite — turbulence in stocks. It’s wagering technical forces in the volatility complex will help spur a swift return to stability in the wake of a blowout, undoing the leveraged product in its wake.It goes like this: Even though Houndstooth expects another surge in price swings, it’s using out-of-the-money puts with near-term maturities to bet against the $413 million ProShares Ultra VIX Short-Term Futures ETF. UVXY, as it is known, is one of the most liquid, leveraged ETFs that profit from rising volatility. The theory is that after an initial spike there will be a snapback in vol that will decimate the product.At $70,000 the trade is modest, but it highlights the contentious issue of whether securities such as UVXY can exert an outsize pull on the very contracts they track, exacerbating their own volatility in the process.And that’s how Houndstooth made its spectacular February return. The Austin, Texas-based firm bought put options on the ProShares Short VIX Short-Term Futures ETF, or SVXY, thinking that an upward move in the Cboe Volatility Index would shake sellers out of their torpor. Sure enough, the gauge staged a record-one day spike, sending the ETF plummeting 83 percent — and handing the fund its best-ever first quarter with a double-digit gain.
•  06/26/2018
  • American Express and Amazon.com this week announced they will launch a small-business card for companies with under $10 million of revenue. Can a mortgage deal be far behind? See this Friday’s edition of Inside Mortgage Finance for details…
• 06/25/2018
  • invest in mid-cap bank stocks (or ETFs) than large-cap bank stocks: Focusing on big bank stocks is ‘missing the whole ballgame’: Analyst Dick Bove
  • loanDepot might be a takeover target of Internet retailer Amazon.com