Be in the know. 5 key reads for Wednesday…
- The Federal Reserve Will Keep Cutting Interest Rates. Thank the Trade War. (Barron’s)
- CVS Health (CVS) Tops Q2 EPS by 20c, Raises FY Guidance (StreetInsider)
- Billionaire Harold Hamm (who owns 76.57% of the stock) said Continental’s (CLR) latest share buyback program goal is to purchase stock that’s undervalued and will ultimately return value to where it should be fairly traded: (Yahoo Finance)
- Ray Dalio calls for investors to back China or miss out on the next global empire (Business Insider)
- Hedge Fund and Insider Trading News: Bill Ackman, Richard Perry, Elliott Management, Amazon.com, Inc. (AMZN), Ford Motor Company (F), and More (Insider Monkey)
Unusual Options Activity – Gilead Sciences, Inc. (GILD)
Today some institution/fund purchased 5,171 contracts of Jan $72.50 strike calls (or the right to buy 517,100 shares of Gilead Sciences, Inc. (GILD) at $72.50). The open interest was 3,751 prior to this purchase. Continue reading “Unusual Options Activity – Gilead Sciences, Inc. (GILD)”
Insider Buying in Archer-Daniels-Midland Company (ADM)
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. 12 key reads for Tuesday…
- Regeneron Earnings Easily Beat Views (Investors)
- Hedge Fund and Insider Trading News: Steven A. Cohen, Kyle Bass, BlueMountain Capital Management, Moore Capital Management, Equitrans Midstream Corp (ETRN), J & J Snack Foods Corp (JJSF), and More (Insider Monkey)
- Ford returns to dual-clutch transmission for 760-hp Shelby GT500 supercar (USA Today)
- 6 Internet Stocks Best Positioned for China’s Post-Growth Era (Barron’s)
- Ford Executive Chairman Bill Ford Loaded Up on Stock After It Tumbled (Barron’s)
- Oil Massively Underperforms the S&P 500: Buy These 4 High-Yielding Giants (24/7 Wall Street)
- Fundstrat’s Tom Lee tells investors to ‘back-up the truck’ and buy this trade war-induced sell-off (CNBC)
- Goldman Sachs sees no trade deal before 2020 U.S. election, now expects three rate cuts (Reuters)
- My Lyft driver taught me so much about his Tesla Model 3, I feel way more compelled to buy one. Here are the 10 most interesting features I discovered. (Business Insider)
- China’s Central Bank Tells Foreign Firms Yuan Won’t Keep Falling (Bloomberg)
- Kudlow: Trump is flexible on China tariffs depending on how trade talks go (CNBC)
- Australia Looks to Siphon U.S. Oil Stockpile to Avoid Running Out of Gas (Wall Street Journal)
Communication Services Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Communication Services Sector ETF (XLC). Continue reading “Communication Services Earnings Estimates/Revisions”
Unusual Options Activity – Alibaba Group Holding Limited (BABA)
Today some institution/fund purchased 21,670 contracts of Jan 2020 $155 strike calls (or the right to buy 2,167,000 shares of Alibaba Group Holding Limited (BABA) at $155). The open interest was just 2,259 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”