Be in the know. 6 key reads for Tuesday…
- Analysts expect China to cut bank reserve ratios soon (Reuters)
- Four solid stocks whose recent hard times mean they’re potential bargains (MarketWatch)
- Walgreens shares slide as drugstore chain misses earnings estimates, lowers 2019 forecast (CNBC)
- DealBook Briefing: Lyft Crashes Back to Reality (New York Times)
- U.S. and Chinese Manufacturing Stabilize, While Europe Lags Behind (Wall Street Journal)
- 50 Cent Sells Massive Connecticut Compound for 84% Less (i.e. 16 Cent) (Wall Street Journal)
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Unusual Options Activity – UBS Group AG (UBS)
Today some institution/fund purchased 9,482 contracts of August $12.50 strike calls (or the right to buy 948,200 shares of UBS Group AG (UBS) at $12.50). The open interest was just 1,191 prior to this purchase. Continue reading “Unusual Options Activity – UBS Group AG (UBS)”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 10 key reads for Monday…
- Hold Tight to Value Stocks. They May Be Set to Rise Soon. (Barron’s)
- U.S. Retail Sales Unexpectedly Fall; Prior Reading Revised Up (Bloomberg)
- 6 things successful people like Bill Gates and Jeff Bezos do on weekends to make their Mondays more productive (CNBC)
- China Purchases Could Undercut Trump’s Larger Trade Goal (New York Times)
- Things are suddenly looking a lot brighter for China’s manufacturing sector (Business Insider)
- ‘Fear of Missing Out’ Pushes Investors Toward Stocks (Wall Street Journal)
- Tesla, SpaceX CEO Elon Musk releases rap song: ‘RIP Harambe’ (USA Today)
- Costco Stock Is Trading Near a Record, and One Director Has Been Selling (Barron’s)
- The 5G Network Rollout And The 4th Industrial Revolution (Investor’s Business Daily)
- Private equity tricks mask mounting debt: ‘I’m 5 foot 8 inches, but I change the scale and make myself 6 foot 2 inches on a pro forma basis’ (Business Insider)
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Be in the know. 20 key reads for Sunday…
- The ETF Tax Dodge Is Wall Street’s “Dirty Little Secret” (Bloomberg)
- Artificial Intelligence Stocks To Buy And Watch Amid Rising AI Competition (Investor’s Business Daily)
- How the Dow Spinoff Could Unlock Value and Offer a Rich Dividend (Barron’s)
- Fed’s Quarles says more rate hikes could be ahead ‘at some point’ as economy improves (CNBC)
- The U.S. Military Is Hiring Palantir to Build Battlefield AI (Futurism)
- The Mueller report will be released to the public by mid-April (VOX)
- How Neurofeedback Is Revolutionizing Stress Management (Medium)
- A small child tried to fight Gritty (Mashable)
- What “Machiavellian” really means (Ted Talk)
- An Indicator In The Hand (NPR Planet Money)
- In the face of adversity, are you a Guernsey or a Brahman? (Farnam street)
- Theresa May’s Third Brexit Loss Closes More Doors (The New Yorker)
- The Trumpification of the Fed (Vanity Fair)
- George Dantzig: The real Will Hunting (Big Think)
- Military Tries Out Fish as Underwater Spies (Scientific American)
- Just say no? (The Irrelevant Investor)
- Why An MMT Advocate Became One of Its Loudest Critics (Podcast) (Bloomberg)
- Notable Investors Dump Micron on Bleak Outlook (Whale Wisdom)
- Even hedge funds investing in Lyft don’t believe in its long-term prospects (recode)
- 13 Strangest Unsolved Mysteries of the Art World (Reader’s Digest)
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Deal or no Deal?
Be in the know. 20 key reads for Saturday…
- Goldman Sachs Has 5 Top Energy Stocks to Buy With Huge Implied Upside24/7 Wall Street)
- Joshua Miller Discusses the Hot Hand Phenomenon (Podcast) (Bloomberg)
- Boston Dynamics’ New Warehouse Robot Threatens Millions Of Jobs (ZeroHedge)
- A Magician Explains Why We See What’s Not There (Nautilus)
- Hedge Funds Are ‘Impotent’ as Activists (Institutional Investor)
- Netflix: There’s Never Been a Riskier Time to Invest Than Now (TheStreet)
- Is DJIA-NASDAQ Monthly Divergence Bearish or Bullish? (Almanac Trader)
- White House Pushes Fed to Cut Interest Rates (Wall Street Journal)
- U.S. Trade Negotiators Take Aim at China’s Cybersecurity Law (Wall Street Journal)
- The Real Reason Porsche Ignitions Are Left of the Wheel (Wall Street Journal)
- 5 Ways To Be A More Positive Person (Forbes)
- Hedge Funds Have Never Been This Bullish On UnitedHealth Group Inc. (UNH) (Insider Monkey)
- Here Are the 27 Restaurants in France Rated Three Stars by Michelin (Robb Report)
- How a Google side project evolved into a $4B company (Tech Crunch)
- ECRI Weekly Leading Index Update: “GDP Data Tells You Nothing About Recession Risk” (Advisor Perspectives)
- Fundamental Analysis of the Oil Market (EconMatters)
- The Tiger and the Tragic Trick: Siegfried & Roy’s Animal Handler Breaks Silence on Mauling, Alleges Cover-Up (Hollywood Reporter)
- How This Billionaire Luxury Magnate Became One of the World’s Richest Men (Maxim)
- Week in review: How Trump’s policies moved stocks (TheFly)
- Global Bond-Market Investors Are Getting Really Nervous (Bloomberg)
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Q1 Estimates Drop Again. Setup to beat…
Data Source: FactSet
Q1 2019 earnings estimates have come down another 20 bps in the past week and (7.2%) since December 31, 2018. They are now expected to be -3.9% year on year (versus -3.7% last week). With expectations so low it is likely earnings will beat and run ~flat year on year. Continue reading “Q1 Estimates Drop Again. Setup to beat…”