The song I have chosen this week to represent the mood of the Stock Market is, “One Man Band” by Old Dominion. Continue reading “The Old Dominion, “One Man Band” Stock Market (and Sentiment Results)…”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is money flowing today?
Be in the know. 5 key reads for Wednesday…
- U.S. government taps Pfizer to produce millions of doses of potential coronavirus vaccine (CNBC)
- Weekly mortgage demand from homebuyers jumps even higher, up 19% annually (CNBC)
- Bill Ackman and Tontine Holdings rewrite the terms for SPACs (CNBC)
- Fed Deliberates How and When to Roll Out More Economic Support (Wall Street Journal)
- What did people say about wearing masks in the 1918 pandemic? It sounds familiar (Miami Herald)
Unusual Options Activity – Royal Dutch Shell plc (RDS-B)
Data Source: barchart
Today some institution/fund purchased 1,238 contracts of Jan 2022 $20 strike calls (or the right to buy 123,800 shares of Royal Dutch Shell plc (RDS-B) at $20). The open interest was just 141 prior to this purchase. Continue reading “Unusual Options Activity – Royal Dutch Shell plc (RDS-B)”
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 15 key reads for Tuesday…
- Here’s How Good Bank Earnings Were Without Accounting Changes (Barron’s)
- EU leaders reach $2 trillion deal on recovery plan after marathon summit (CNBC)
- The cyclical rotation is here, Jefferies analysts say. For real this time. (MarketWatch)
- Ford unveils electric Mustang Mach-E race car with 1,400 horsepower (CNBC)
- The stock market is positioned to rally if it can clear this low bar, fund manager argues (MarketWatch)
- Lockheed Martin’s stock rallies after profit and sales beat, raised outlook (MarketWatch)
- Gilead Sciences to pay $300 million for nearly half of Tizona, has option to buy the rest for $1.25 billion (MarketWatch)
- Warren Buffett’s dealmaker closed the biggest ‘blank-check’ takeover ever this month. Here’s why he may owe the Berkshire Hathaway chief for the deal. (Business Insider)
- Morgan Stanley warns tech stocks are unusually vulnerable to earnings disasters over the next few weeks. (Business Insider)
- Chicago Fed national activity index rose to record 4.11 in June from 3.5 in prior month (MarketWatch)
- Bill Miller’s Miller Value Partners 2nd-Quarter Market Letter (gurufocus)
- oronavirus Vaccine Data Raises Hope for Trio of Candidates (Wall Street Journal)
- 10 states where coronavirus-fueled unemployment is rebounding fastest (Fox Business)
- Retail Sales Rebound in Canada, Recouping All of Pandemic Losses (Bloomberg)
- IBM Works to Reshape Business as Coronavirus Uncertainty Lingers (Wall Street Journal)
Technology Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Technology Sector ETF (XLK) top 30 weighted stocks. Continue reading “Technology Earnings Estimates/Revisions”
Communication Services Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Communication Services Sector ETF (XLC). Continue reading “Communication Services Earnings Estimates/Revisions”