Unusual Options Activity – Briggs & Stratton Corporation (BGG)

Data Source: barchart

Today some institution/fund purchased 614 contracts of July $7.50 strike calls (or the right to buy 61,400 shares of Briggs & Stratton Corporation (BGG) at $7.50). The open interest was just 231 prior to this purchase.

Continue reading “Unusual Options Activity – Briggs & Stratton Corporation (BGG)”

Be in the know. 12 key reads for Friday…

  1. Big Investors Showing Love to Gas Fields Others Shun (Wall Street Journal)
  2. 3 Losing Sectors That Could Bounce Back in 2020 (Barron’s)
  3. 36 Corvettes, Hidden for Years in a Garage, Will Be Given Away (New York Times)
  4. My appearance on Yahoo! Finance TV yesterday (Yahoo! Finance)
  5. Royal Dutch Shell is a top stock for 2020. This is why. (Barron’s)
  6. The Future for FedEx, UPS, and Other Shippers Isn’t as Bleak as It Looks (Barron’s)
  7. Exxon Mobil Stock Was Out of Step With Energy Investors in 2019 (Barron’s)
  8. Stocks Hit Fresh Highs as Nasdaq Crosses 9000 (Wall Street Journal)
  9. Charter Schools Keep Tabs on Grads to Keep Them in College (Wall Street Journal)
  10. The stock market boom may just be getting started — Citi sees 90% odds that equities will rip higher in 2020 (Business Insider)
  11. Oil Trades Near Three-Month High on Signs of Shrinking Supplies (Bloomberg)
  12. Why this 10-year-old bull market is actually a one-year-old (Yahoo! Finance)

Yahoo! Finance TV Appearance on Thursday (Video)

Watch it directly on Yahoo! Finance here

Or scroll down to play video (click on “play” button below):

Be in the know. 12 key reads for Thursday…

  1. Pharma Companies Are Rushing to Treat a Little-Known Liver Disease. ()
  2. The “Fly Me to the Moon” Stock Market (and Sentiment Results) (ZeroHedge)
  3. Dell is a top stock for 2020. Here’s why. (Barron’s)
  4. Startups Extend Gene Therapy To Cancer, Other Common Diseases (Wall Street Journal)
  5. U.S. Filings for Jobless Benefits Fall to Three-Week Low (Bloomberg)
  6. Trump stock market rally is far outpacing past US presidents (CNBC)
  7. Low recession risk, faster growth, and unemployment at a 70-year low — here are Goldman Sachs’ predictions for the US economy in 2020 (Business Insider)
  8. Here’s why a rough patch for battered oil stocks may be about to come to an end in 2020 (MarketWatch)
  9. China commerce ministry says in close touch with U.S. on signing trade deal (Street Insider)
  10. Short Sellers Abandon Oil Stocks as Crude Prices Rise (24/7 Wall Street)
  11. Emerging market stocks were laggards in the past decade (Reuters)
  12. Online sales record leads holiday shopping surge ()

The “Fly Me to the Moon” Stock Market (and Sentiment Results)

This Monday I was asked on Fox Business if the Grinch would come to steal Christmas.  I laid out a number of reasons why I believed the coast was clear until year-end and what I was Continue reading “The “Fly Me to the Moon” Stock Market (and Sentiment Results)”