- Hedge Fund and Insider Trading News: Ken Griffin, Keith Meister, Bodenholm Capital, AQR Capital, Anworth Mortgage Asset Corp. (ANH), Oasis Petroleum Inc. (OAS), and More (Insider Monkey)
- Weekly mortgage refinances spike 39% after huge rate drop (CNBC)
- Private payrolls add 129K in March vs. 173K est.: ADP/Moody’s Analytics (CNBC)
- Deutsche Bank downgrades Caterpillar ahead of negative backlog growth (TheFly)
- US Auto Sales Wrap Up Weak First Quarter (ZeroHedge)
- Boeing Keeps Leaving Trash In New Air Force Tankers; Deliveries Halted Again (Investor’s Business Daily)
- Bitcoin Rises 16%, Touching $5,000 in Asia ()
- If Trump closes Mexican border, avocados could cost more and auto factories could shut (USA Today)
Cocoa Update: up 7.5% sans leverage
Chart from: FinViz
Since our post on March 19, Cocoa is up 7.5% (underlying) excluding leverage. Could it have gone the other way? Of course, but the odds were in our favor – look at the data: Continue reading “Cocoa Update: up 7.5% sans leverage”
European (Stoxx 600) Earnings Estimates Q1
Data Source: Thomson Reuters
Despite mass pessimism on Europe, earnings estimates are more sanguine for the Stoxx 600 than the S&P 500 in the US. Q1 estimates for the Stoxx 600 are -1.6% year on year compared the the S&P 500 at -3.9% year on Continue reading “European (Stoxx 600) Earnings Estimates Q1”
Unusual Options Activity – Deutsche Bank Aktiengesellschaft (DB)
Today some institution/fund purchased 13,954 contracts of January 2020 $8 strike calls (or the right to buy 1,395,400 shares of Deutsche Bank Aktiengesellschaft (DB) at $8). The open interest was 7068 prior to this Continue reading “Unusual Options Activity – Deutsche Bank Aktiengesellschaft (DB)”
Insider Buying in EQT Corporation (EQT)
Hedge Fund Tips (PCN) – Position Completion Notification
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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