Hedge Fund Tips (PCN) – Position Completion Notification
Be in the know. 10 key reads for Friday…
- US officials say they will investigate the risky $1.6 trillion ‘leveraged loan’ market (Business Insider)
- Americans are struggling with their credit card debts, and 2 million accounts fell seriously behind in 2018 (Business Insider)
- Chinese exports slump as slowdown deepens (MarketWatch)
- Costco Earnings Crush Views, Same-Store Sales Strong; Stock Rises (Investor’s Business Daily)
- Blackjack dealer charged with helping gamblers cheat (New York Post)
- China’s $345 Billion Stock Rout Shows Beijing’s Fear of Bubbles (Bloomberg)
- A Hedge Fund Steps Into Nigeria’s $9 Billion Corporate Dispute (Bloomberg)
- ECB warns markets not to expect a hike before 2020 as it announces fresh stimulus for ailing European economy (Business Insider)
- Mar-A-Lago Summit Delayed As Beijing Gets Cold Feet On Trade Deal (ZeroHedge)
- Why 4 Exploration and Production Energy Stocks May Be Takeover Targets (24/7 Wall Street)
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Unusual Options Activity – Teva Pharmaceutical Industries Limited (TEVA)
Today some institution/fund purchased 11,098 contracts of June $16 strike calls (or the right to buy 1,109,800 shares of Teva Pharmaceutical Industries Limited (TEVA) at $16).  The open interest was just 655 prior to this purchase. Continue reading “Unusual Options Activity – Teva Pharmaceutical Industries Limited (TEVA)”
Hedge Fund Tips (PCN) – Position Completion Notification
AAII Sentiment Supplement (85.7% recent accuracy)
As a supplement to this morning’s commentary on this week’s AAII Sentiment Survey results:
I pulled together this chart (above) that shows its recent efficacy as a barometer for short term turning points. Continue reading “AAII Sentiment Supplement (85.7% recent accuracy)”
Insider Buying – CenturyLink, Inc. (CTL)
On March 6, 2019, Jeffrey Storey – President & CEO of CenturyLink, Inc. (CTL) – purchased 83,000 shares of CTL at ~$11.94. His out of pocket cost was $991,261. On the same day, the CFO bought $587,500 of stock.
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Hedge Fund Tips (PCN) – Position Completion Notification
AAII Sentiment Coming Down (Update): What’s Next?
Last week we warned that AAII sentiment was getting extreme with Bullishness above 40% and Bearishness collapsing to 20%. This week we are seeing the Bullishness start to come down and Bearishness start to rise as Continue reading “AAII Sentiment Coming Down (Update): What’s Next?”
