- U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low (MarketWatch)
- The Dow Could Rebound in ‘a Matter of Days.’ One Way to Play the Comeback (Barron’s)
- Apple to Increase iPhone 11 Output by Up to 10%, Nikkei Reports (Bloomberg)
- Alphabet (GOOGL) PT Raised to ‘Street High’ $1,600 at Deutsche Bank; ‘Bullish on Google Cloud’ (Street Insider)
- ‘Sahm Rule’ enters Fed lexicon as fast, real-time recession flag (Reuters)
- Eddie Murphy says ‘Dolemite Is My Name’ (and Obama’s urging) spurred his return to stand-up (USA Today)
- The McRib is returning to McDonald’s menus at more than 10,000 locations across America (Business Insider)
- Soybean Futures Bounce Back After China Restarts Purchases (Wall Street Journal)
- The EU signaled it won’t retaliate after Trump said he’d slap Europe with $7.5 billion in tariffs (Business Insider)
- Ray Dalio: ‘I’m going to go quiet in about a year’ (Yahoo! Finance)
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Unusual Options Activity – Wells Fargo & Company (WFC)
Today some institution/fund purchased 2,736 contracts of March $50 strike calls (or the right to buy 273,600 shares of Wells Fargo & Company (WFC) at $50). The open interest was 1,741 prior to this purchase. Continue reading “Unusual Options Activity – Wells Fargo & Company (WFC)”
Insider Buying in Scientific Games Corporation (SGMS)
Where is money flowing today?
Quote of the Day…
Hedge Fund Trade Tip (PIN) – Position Idea Notification
AAII Sentiment Survey: Hurts So Good…
In April 1982, John Cougar Mellencamp released a song entitled, “Hurts So Good.” I was never a huge fan of the song, but in thinking about what to write today, his lyrics came to me: Continue reading “AAII Sentiment Survey: Hurts So Good…”
Be in the know. 11 key reads for Thursday…
- The bull market for stocks may be old, but it’s not dead yet, say Citi strategists (MarketWatch)
- Texture, Flavor, Funk! Six Rules for Building a Better Cheese Board (Bloomberg)
- Microsoft Looks to Rewrite History on Its Phone Business (Bloomberg)
- Here’s why a Houston businessman is betting millions on the Astros winning the World Series (MarketWatch)
- The Curious Case of the Terrible Manufacturing Number (Barron’s)
- Chinese Stocks Are Tumbling. Here’s Why Alibaba and Others Will Bounce Back. (Barron’s)
- Everything Is Private Equity Now (Bloomberg)
- Chicago Fed’s Evans says he’s worried about inflation outlook, open minded on more rate cuts (MarketWatch)
- GE’s Larry Culp Talks About His First Drama-Filled Year as CEO (MarketWatch)
- Slumping Data May Force Powell to Move to Third Cut (Bloomberg)
- A Secretive Committee of Wall Street Insiders Is the Least of the New York Fed’s Concerns. (Institutional Investor)
Unusual Options Activity – Cisco Systems, Inc. (CSCO)
Today some institution/fund purchased 1,147 contracts of March $42.5 strike calls (or the right to buy 114,700 shares of Cisco Systems, Inc. (CSCO) at $42.5). The open interest was just 139 prior to this purchase. Continue reading “Unusual Options Activity – Cisco Systems, Inc. (CSCO)”