On August 30, 2019, John Miller – Director of Sally Beauty Holdings, Inc. (SBH) – purchased 40,500 shares of SBH at $12.21. His out of pocket cost was $494,554.
Quote of the Day…
Hedge Fund Trade Tip (PCN) – Position Completion Notification
European Earnings Estimates UP Again
While being generally constructive on global equity markets in the intermediate term, even I am blown away by how European Earnings estimates continue to tick up in the last few weeks. Continue reading “European Earnings Estimates UP Again”
Be in the know. 7 key reads for Wednesday…
- Fed’s Bullard says ‘aggressive’ step is needed to align Fed with markets, insure against trade war (CNBC)
- Global markets rally as Hong Kong’s Lam withdraws extradition bill that triggered protests (MarketWatch)
- UPS, FedeX Will Win From Amazon’s 1-Day Shipping (Barron’s)
- Boris Johnson suffers stunning rebuke as Parliament retakes control of Brexit agenda (MarketWatch)
- The Big Short’s Michael Burry Explains Why Index Funds Are Like Subprime CDOs (Bloomberg)
- Deere Sells 30-Year Corporate Bonds at Record Low Yields (Wall Street Journal)
- Hedge Fund and Insider Trading News: Ray Dalio, Jana Partners, Eminence Capital, Elliott Management, Liberty Latin America Ltd (LILA), Total System Services, Inc. (TSS), and More (Insider Monkey)
Russell 2000 (top weights) Earnings Estimates Climb Higher
In the spreadsheet above I have tracked the earnings estimates for the top weighted Russell 2000 small cap stocks. I have columns for what the 2019 and 2020 estimates (if available) were: 7/4/2019 and today. The column Continue reading “Russell 2000 (top weights) Earnings Estimates Climb Higher”
Unusual Options Activity – Transocean Ltd. (RIG)
Today some institution/fund purchased 1,797 contracts of Jan 2020 $4 strike calls (or the right to buy 179,700 shares of Transocean Ltd. (RIG) at $4). The open interest was just 571 prior to this purchase. Continue reading “Unusual Options Activity – Transocean Ltd. (RIG)”
