Ol’ blue eyes recorded the song “The Best is Yet to Come” in 1964. What is interesting about both the song and the year – is that the expansion had been going for 11 years at that point (from 1953). How much further could it run? Continue reading “Frank & Jerome (The Chairmen) agree: The Best is Yet to Come (AAII Sentiment Results)”
Unusual Options Activity – 3M Company (MMM)
Today some institution/fund purchased 1,105 contracts of January $160 strike calls (or the right to buy 110,500 shares of 3M Company (MMM) at $160). The open interest was 655 prior to this purchase. Continue reading “Unusual Options Activity – 3M Company (MMM)”
Insider Buying in Amazon.com, Inc. (AMZN)
Where is money flowing today?
Technology Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Technology Sector ETF (XLK) top 30 weighted stocks. Continue reading “Technology Earnings Estimates/Revisions”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 8 key reads for Wednesday…
- Fox Stock Has Sold Off Since the Disney Deal. How It Can Bounce Back. (Barron’s)
- Hedge Fund and Insider Trading News: David Tepper, Joel Greenblatt, Seth Klarman, Bain Capital, Dollar Tree, Inc. (DLTR), Carnival PLC (CUK), and More (Insider Monkey)
- A Hard Lesson in Silicon Valley: Profits Matter (New York Times)
- Fed Chair Powell Signals Balance Sheet Will Grow Soon After Recent Market Turmoil (New York Times)
- Weekly mortgage refinances jump 10% as rates drop to the lowest level since August (CNBC)
- China ready to discuss a partial trade deal and will increase US agricultural purchases, reports say (CNBC)
- Small-Cap Tech Stocks Are Cheap And Might Be Ready to Rally (Barron’s)
- Want to Sit in This Ultra-Rare Ferrari? Just Ask. (Wall Street Journal)
Unusual Options Activity – Range Resources Corporation (RRC)
Today some institution/fund purchased 30,997 contracts of Jan $4 strike calls (or the right to buy 3,099,700 shares of Range Resources Corporation (RRC) at $4). The open interest was just 707 prior to this purchase. Continue reading “Unusual Options Activity – Range Resources Corporation (RRC)”