Today some institution/fund purchased 633 contracts of Jan $30 strike calls (or the right to buy 63,300 shares of Suncor Energy Inc. (SU) at $30). The open interest was 391 prior to this purchase. Continue reading “Unusual Options Activity – Suncor Energy Inc. (SU)”
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Indicator of the Day (video): Yield Curve Inversion
Be in the know. 7 key reads for Friday…
- Howard Marks new memo “On the Other Hand” (pdf) (Oaktree Capital)
- Strong Alphabet, Intel earnings drive futures higher (Reuters)
- Twitter stock rises after revenue, user numbers top expectations (MarketWatch)
- Who Wins if the Fed Cuts Interest Rates? Try Oil Stocks. (Barron’s)
- Need to Relocate? Bring the House, Too (Wall Street Journal)
- GDP slows to 2.1% in second-quarter but beats expectations thanks to strong consumer (CNBC)
- Oxford Economics sees the ECB cutting rates in September (CNBC)
Where is money flowing today?
Unusual Options Activity – Bloom Energy Corporation (BE)
Today some institution/fund purchased 1,049 contracts of Nov $12 strike calls (or the right to buy 104,900 shares of Bloom Energy Corporation (BE) at $12). The open interest was 656 prior to this purchase. Continue reading “Unusual Options Activity – Bloom Energy Corporation (BE)”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 10 key reads for Thursday…
- Expect 15 More Years for the Bull Market if Demographics Are Destiny (Barron’s)
- Managers reduce cash, increase risk in July – BofA survey (Pensions&Investments)
- China and U.S. trade negotiators to meet in Shanghai July 30-31 (Reuters)
- Fed to cut rates for first time in a decade this month: Reuters poll (Reuters)
- 3M’s stock surges after profit and sales fall less than expected, guidance maintained (MarketWatch)
- Opinion: I’m betting Boris and Brexit won’t sink Britain and am buying stocks (MarketWatch)
- Facebook price target raised to $250 from $230 at Jefferies (TheFly)
- European Central Bank signals its ready to cut rates, opens door to renewed QE (MarketWatch)
- Hedge Funds Help Fuel Southeast Asia Consumer Lending Boom (Bloomberg)
- Bill Ackman’s Playbook Works Against Him (Wall Street Journal)
AAII Sentiment Survey Results: The Most Hated Rally…
Last week I said, “Until the bears fully capitulate, the market can keep climbing…” Continue reading “AAII Sentiment Survey Results: The Most Hated Rally…”