Today’s AAII Sentiment Survey results had the bulls running for the hills! When you look at the chart above, the red and black line represents the bullish percent number from the weekly survey. The black line in the background represents the S&P 500. Continue reading “AAII Results: Bulls on the Run, Time to Buy?”
Quote of the Day…
Where is money flowing today?
Be in the know. 5 key reads for Thursday…
- Panthers’ owner David Tepper is returning investors’ cash to focus on team (New York Post)
- The Roar, the Riches, the Race: Previewing the Monaco Grand Prix (Bloomberg)
- China just tested its ‘nuclear option’ in the trade war (Business Insider)
- More active managers are beating the stock market again thanks to the trade war: Goldman Sachs (MarketWatch)
- Why These 4 Semiconductor Stocks May Be the Absolute Best 5G Play (24/7 Wall Street)
Unusual Options Activity – Freeport-McMoRan Inc. (FCX)
Today some institution/fund purchased 15,698 contracts of July $10 strike calls (or the right to buy 1,569,800 shares of Freeport-McMoRan Inc. (FCX) at $10). The open interest was just 525 prior to this purchase.
Continue reading “Unusual Options Activity – Freeport-McMoRan Inc. (FCX)”
Insider Buying in The Williams Companies, Inc. (WMB)
Where is money flowing today?
Hedge Trade Fund Tip (PCN) – Position Completion Notification
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 10 key reads for Wednesday…
- Fed may cut rates if inflation keeps disappointing: Bullard (Reuters)
- China would see ‘blue skies ahead’ if it accepts all US demands, Fed’s Bullard says (CNBC)
- Southwest Airlines Mechanics Approve Contract, Ending Long Impasse (New York Times)
- Fed Might Shed Clues on Debate Around Rate Cut: Minutes Preview (Bloomberg)
- George Soros made 8 predictions about politics, financial markets, and Facebook – here’s how they turned out (Business Insider)
- Eli Lilly’s Insulin Lispro Injection available at half the list price of Humalog (MarketWatch)
- ‘Door is still open’ for trade talks with U.S., Chinese ambassador says (MarketWatch)
- Don’t Take the Dow’s Bull Market for Granted (Barron’s)
- A Tale of Two Yield Curves (Wall Street Journal)
- Coca-Cola is bringing back New Coke in honor of ‘Stranger Things’ (CNN Business)