On October 31, 2019, Richard Kinder – Executive Chairman of Kinder Morgan, Inc. (KMI) – purchased 300,000 shares of KMI at $20.01. His out of pocket cost was $6,003,630.
Where is money flowing today?
Utilities Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Utilities Sector ETF (XLU) top weighted stocks. Continue reading “Utilities Earnings Estimates/Revisions”
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 12 key reads for Friday…
- Hedge Funds’ Top Picks Killed The Market in October (Insider Monkey)
- U.S. adds 128,000 new jobs in October in stronger-than-expected employment report (MarketWatch)
- ‘Irishman’s’ Short Window From Big Screen to Small Has Theaters Fuming (New York Times)
- The “Three Tenors” Stock Market (and Sentiment Results)…(Hedge Fund Tips)
- Trump says U.S., China to announce new venue to ink trade deal soon (Reuters)
- Former Fed Chair Alan Greenspan doesn’t expect a recession to arrive anytime soon — and uses one stat to argue his position Business Insider)
- Kinder Morgan’s co-founder bought millions more in stock (Barron’s)
- Big Money Poll: Bears Rise to a Two-Decade-Plus High (Barron’s)
- Hedge Fund Investor Has Tense Flashback to Late 1990s Japan (Bloomberg)
- Better-Than-Expected Earnings Ease Growth Fears—for Now (Wall Street Journal)
- U.S. Consumers Stay on a Spending Streak (Wall Street Journal)
- Alibaba’s Revenue Beat Showcases Resilient Chinese Spending (Bloomberg)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 10 key reads for Thursday…
- How Jim Simons Built the Best Hedge Fund Ever (Bloomberg)
- The “Three Tenors” Stock Market (and Sentiment Results)…(ZeroHedge)
- Stocks Are Hitting New Highs. The Yield Curve Might Be the Reason. (Barron’s)
- Lyft Raises Guidance, Reports Increased Revenue (Wall Street Journal)
- Mnuchin Says China Deal Is Likely to Be Signed in November (New York Times)
- Kraft Heinz stock jumps on earnings beat (CNBC)
- U.S. consumer spending rises moderately, wages flat (Reuters)
- Exclusive: Beijing could ax extra tariffs on U.S. farm products to boost imports – China trade association chief (Reuters)
- Two Harvard Twins (No, Not Those Twins) Run One of the World’s Worst BDCs. They’re About to Get Rich. (Institutional Investor)
- Democrats Just Accidentally Sparked A Federal Fracking Boom (Yahoo! Finance)
The “Three Tenors” Stock Market (and Sentiment Results)…
“O Sole Mio” was composed by Eduardo Di Capua in Odessa during April 1898. He later sold the rights of the song to the Bideri publishing house for 25 lire. It has had many renderings and iterations, but recently is most widely known for its performance by the Three Tenors; Plácido Domingo, José Carreras and Luciano Pavarotti. Continue reading “The “Three Tenors” Stock Market (and Sentiment Results)…”
Unusual Options Activity – CBS Corporation (CBS)
Data Source: barchart
Today some institution/fund purchased 19,251 contracts of March $42.5 strike calls (or the right to buy 1,925,100 shares of CBS Corporation (CBS) at $42.5). The open interest was 7,038 prior to this purchase. Continue reading “Unusual Options Activity – CBS Corporation (CBS)”
