On May 2, 2022, John S. Slattery – Vice President of General Electric Company (GE) – purchased 3,601 shares of GE at $75. His out of pocket cost was $270,075.
Unusual Option Activity – NIKE, Inc. (NKE)
Data Source: Barchart
On Tuesday some institution/fund purchased 10,132 contracts of Sept 2022 $130 strike calls (or the right to buy 1,013,200 shares of NIKE, Inc. (NKE) at $130). The open interest was just 622 prior to this purchase.
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Nasdaq (top 30 weights) Earning Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the top 30 weighted Nasdaq stocks. I have columns for what the 2022 estimates were on 3/3/2022 and today.
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Hedge Fund Trade Tip (PIN) – Position Idea Notification
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is the money flowing?
Be in the know. 18 key reads for Wednesday…
- Will Fed rate hike be a ‘clearing event’ for battered U.S. stock market? What investors are watching for on Wednesday (marketwatch)
- Stocks Are Doing Better After Earnings Now. It’s a Positive Sign. (barrons)
- The Fed’s Moves Are Baked In. Focus on Powell’s Outlook. (barrons)
- Regeneron Stock Rises as First-Quarter Earnings Top Forecasts (barrons)
- ‘I Don’t Really Have a Business Plan’: How Elon Musk Wings It (nytimes)
- Teva CEO Sees a Final Opioid Settlement Coming This Year (barrons)
- Moderna Stock Jumps After Earnings Trounce Estimates (barrons)
- Markets are primed for how Powell will respond to this key question on interest rates (marketwatch)
- 6 Gauges That Show How Much the Fed Will Raise Rates (barrons)
- Stocks and Bonds Are Falling in Lockstep at Pace Unseen in Decades (wsj)
- Biden Officials Divided Over Easing China Tariffs to Slow Inflation (wsj)
- Airbnb Revenue Climbs on Record Nightly Bookings and Higher Prices (wsj)
- Why Surging Natural-Gas Prices Haven’t Sparked a Drilling Boom (wsj)
- New 9.6% rate on US I Bonds could take edge off Fed’s rate hike (usatoday)
- Dolly Parton is in! Now it’s time to get these country greats into the Rock & Roll Hall of Fame (usatoday)
- S. Companies Added 247,000 Jobs in April, ADP Data Show (bloomberg)
- Arizona semiconductor company offers solution to chip shortage (foxbusiness)
- It is a Supply Thing. The Energy Report 05/4/2022 (Phil Flynn)
Tom Hayes – Quoted in Reuters article – 5/3/2022
Thanks to Mehnaz Yasmin for including me in her article on Reuters today. You can find it here:
Click Here to View The Full Article on Reuters
Where is the money flowing?
Tom Hayes – Quoted in Fox Business article – 5/3/2022
Thanks to Ellie Terrett for including me in her article on Fox Business today. You can find it here: