Source: FactSet
On June 30, the estimated earnings decline for Q2 2019 was -2.7%. As of today (with 77% of the companies in the S&P 500 reporting), the blended earnings decline has improved to -1%. Continue reading “Q2 Earnings Better Than Expected”
Indicator of the Day (video): $NAMO Nasdaq McCellan Oscillator
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 5 key reads for Friday…
- Trump’s new tariffs may set stage for more Fed rate cuts (Reuters)
- Exxon Mobil earnings beat, shares jump 2% (CNBC)
- Social Media Success Is Habit-Forming (Wall Street Journal)
- U.S., Japan Edge Closer to Limited Trade Pact (Wall Street Journal)
- South Korea Stocks Could Be Ready for a Rebound (Barron’s)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Unusual Options Activity – Dell Technologies Inc. (DELL)
Today some institution/fund purchased 1,000 contracts of Jan 2020 $62.50 strike calls (or the right to buy 100,000 shares of Dell Technologies Inc. (DELL) at $62.50). The open interest was just 374 prior to this purchase. Continue reading “Unusual Options Activity – Dell Technologies Inc. (DELL)”
