Be in the know. 7 key reads for Friday…

  1. Expectations are low for bank earnings but investors say ‘buy’ (Reuters)
  2. Delta, Walgreens, and Fastenal Raise Their Dividends (Barron’s)
  3. 5 Stocks Poised to Raise Their Dividends Next Week (Barron’s)
  4. Deutsche Bank gets its first broker upgrade after mass restructure (CNBC)
  5. Japan cryptocurrency exchange loses $32 million of virtual money (New York Post)
  6. Trump says cryptocurrencies are too volatile, based on ‘thin air’ (New York Post)
  7. Massive Gamble on Soy Hoarding Pays Off for America’s Farmers (Bloomberg)

 

Unusual Options Activity – Dell Technologies Inc. (DELL) – Part Deux

Today some institution/fund purchased 2,601 contracts of Oct. $70 strike calls (or the right to buy 260,100 shares of Dell Technologies Inc. (DELL) at $70). The open interest was 1,310 prior to this purchase.  This is the second time in 2 days that this name has popped up:

Unusual Options Activity – Dell Technologies Inc. (DELL)

Continue reading “Unusual Options Activity – Dell Technologies Inc. (DELL) – Part Deux”

Be in the know. 12 key reads for Thursday…

  1. Fed’s Bullard expects a total of a half-point ‘insurance’ rate cut by year end, largely owed to trade jitters (MarketWatch)
  2. When the Fed cuts rates without a recession, stocks go higher 100% of the time (CNBC)
  3. 4 habits that self-made billionaires practice nearly every day (MarketWatch)
  4. Here’s how many points a U.S.-China trade deal is worth to the S&P 500, according to J.P. Morgan’s top strategist (MarketWatch)
  5. Going to check this out on Saturday: Zero to 60 on 250 Kilowatts (in a Zippy 2.8 Seconds) (New York Times)
  6. Alibaba Stock Will Benefit from Strong Consumer Spending in China (Barron’s)
  7. The Best Offense May Be Great Defense Stocks: 5 Top Picks to Buy Now (24/7 Wall Street)
  8. White House kills rule aimed at ending Medicare drug rebates (StreetInsider)
  9. Boris Johnson says he finds it ‘hard to disagree’ with Trump’s attack on May (Business Insider)
  10. Mnuchin urges US suppliers to seek approval to resume selling to blacklisted Huawei, new report claims (Business Insider)
  11. France approves digital tax on American tech giants, defying US trade threat (CNBC)
  12. Rice Brothers Win Control of EQT (Wall Street Journal)