Be in the know. 8 key reads for Friday…
- Euro surges as investors see ECB done with stimulus (StreetInsider)
- China adds US agricultural products to tariff exemptions ahead of trade talks (CNBC)
- Trump says he would consider an interim trade deal with China (CNBC)
- Transformative? New Device Harvests Energy in Darkness (New York Times)
- America’s Billionaire Playgrounds: Rockets, Ranches and Rivers (Bloomberg)
- Shares, bond yields perch at six-week highs (Reuters)
- Pound climbs to nearly two-month high on Brexit report (MarketWatch)
- Old Navy Plans to Open 800 More Stores (Wall Street Journal)
European Earnings Looking for Double Digit Growth…
So the bad news is European (Stoxx 600) earnings estimates came in modestly in the past week. The good news is, they are still holding at double digit growth moving forward: Q4 2019 +10.2%, Q1 2020 +15.8%, Q2 2020 +7.5%, and Q3 2020 +15.4%. Continue reading “European Earnings Looking for Double Digit Growth…”
Unusual Options Activity – BioMarin Pharmaceutical Inc. (BMRN)
Today some institution/fund purchased 679 contracts of Jan 2020 $80 strike calls (or the right to buy 67,900 shares of BioMarin Pharmaceutical Inc. (BMRN) at $80). The open interest was just 137 prior to this purchase. Continue reading “Unusual Options Activity – BioMarin Pharmaceutical Inc. (BMRN)”
Where is money flowing today?
Insider Buying in Prudential Financial, Inc. (PRU)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 10 key reads for Thursday…
- Walmart rolls out unlimited grocery delivery subscription ()
- ECB cuts key rate, to restart bond purchases (Reuters)
- Treasury Secretary Mnuchin says there’s no plan for Trump to meet Iran’s Rouhani at this time (CNBC)
- Trump says China will be buying ‘large amounts’ of US agricultural products (CNBC)
- Nearly half of stock pickers beat their passive peers over the last year (CNBC)
- T. Boone Pickens, the ‘Oracle of Oil,’ corporate raider and billionaire philanthropist, dies at 91 (CNBC)
- Here’s What We Know About How Drugs Are Priced — And What We Don’t ()
- Dividends Are Now Part of the Oil-Stock Playbook (Barron’s)
- Major Biotechs Scare Off Short Sellers (24/7 Wall Street)
- How David Swensen Made Yale Fabulously Rich (Bloomberg)
AAII Sentiment Survey Results: Bulls Awakening from Siesta…
Over the past few weeks we have suggested stepping in as a buyer when everyone else was selling stocks and running into bonds. Continue reading “AAII Sentiment Survey Results: Bulls Awakening from Siesta…”
Unusual Options Activity – Gilead Sciences, Inc. (GILD)
Today some institution/fund purchased 540 contracts of January 2020 $40 strike calls (or the right to buy 54,000 shares of Gilead Sciences, Inc. (GILD) at $40). The open interest was just 128 prior to this purchase. Continue reading “Unusual Options Activity – Gilead Sciences, Inc. (GILD)”