On July 22, 2019, Donald Roof – Director of United Rentals, Inc. (URI) – purchased 5,000 shares of URI at $118.27. His out of pocket cost was $591,362.
Where is money flowing today?
Consumer Staples (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Consumer Staples Sector ETF (XLP) top 30 weighted stocks. The column under the date 7/24/2019 has a letter that represents the movement in 2019 Continue reading “Consumer Staples (top 30 weights) Earnings Estimates/Revisions”
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 7 key reads for Wednesday…
- Global oil market in glut, but not a big enough one for OPEC (Reuters)
- Four reasons why antitrust actions will likely fail to break up Big Tech (MarketWatch)
- Trump Really Might Weaken the Dollar (Wall Street Journal)
- Shopping Mall REIT Stocks Could Benefit Because Growth Expectations Are Low (Barron’s)
- UPS Earnings Top On Strong U.S. Growth; Shipping Giant Raises Guidance (Investor’s Business Daily)
- Value Stocks Haven’t Traded This Low Since the Dot-Com Bubble (Bloomberg)
- Hedge Fund and Insider Trading News: Stanley Druckenmiller, Whitney Tilson, Perceptive Advisors, Bank of New York Mellon Corp (BK), Ionis Pharmaceuticals Inc (IONS), Schlumberger Limited. (SLB), and More ()
Unusual Options Activity – AbbVie Inc. (ABBV)
Today some institution/fund purchased 2,346 contracts of Feb 2020 $70 strike calls (or the right to buy 234,600 shares of AbbVie Inc. (ABBV) at $70). The open interest was just 310 prior to this purchase. Continue reading “Unusual Options Activity – AbbVie Inc. (ABBV)”