Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 10 key reads for Tuesday…
- Two ‘insurance’ rate cuts from Fed in ’90s produced no big shocks to corporate bonds, Goldman Sachs says (MarketWatch)
- Growth Is Worth Paying Up for at Pfizer (Wall Street Journal)
- Draghi puts further ECB easing firmly on the table (Reuters)
- U.S. Treasuries ‘most crowded’ as investors flee risk: BAML survey (Reuters)
- Fed Models Suddenly Call for Stronger Than Expected GDP Growth (24/7 Wall Street)
- Contra-indicator?: Investors Haven’t Been This Bearish Since 2008 Financial Crisis (Bloomberg)
- Boeing Drought Gives Way to Second-Day Slugfest: Air Show Update (Bloomberg)
- A Wall Street investment chief overseeing $26 billion breaks down why recession fears are overblown, even as the market clamors for Fed relief (Business Insider)
- Jefferies Analysts Are Out With Four Daring Summer Growth Stock Picks (24/7 Wall St.)
- What I Have To Offer You (Ray Dalio)
Unusual Options Activity – Transocean Ltd. (RIG)
Today some institution/fund purchased 23,090 contracts of July $6 strike calls (or the right to buy 2,309,000 shares of Transocean Ltd. (RIG) at $6). The open interest was 8,994 prior to this purchase. Continue reading “Unusual Options Activity – Transocean Ltd. (RIG)”
Insider Buying in Chemical Financial Corporation (CHFC)
Where is money flowing today?
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 10 key reads for Monday…
- Trials Near for Boeing 737 MAX Fix (Wall Street Journal)
- Boeing Says Grounded 737 Max May Resume Service This Year (Bloomberg)
- Pfizer to buy Array Biopharma for $10.64 billion ()
- The World Cries Out for Onion Derivatives (Wall Street Journal)
- The Fed is likely to drop ‘patient’ word this week, clearing way for July cut, economists say (CNBC)
- Iran, Russia talks raise hopes of progress on OPEC+ meeting date (Reuters)
- What the Fed Will Do This Week, and Why (Bloomberg)
- Case for Cutting Rates Can Be Found in Close Calls of the 1990s (Wall Street Journal)
- Gary Woodland Wins U.S. Open (Wall Street Journal)
- Meet the Art World’s Rising Stars (Wall Street Journal)
Be in the know. 15 key reads for Father’s Day…
- The Richest Person In Every Country, Visualized (digg)
- 10 Great Rosé Wines Worth Sipping This Summer (Maxim)
- Who are these people who write thousands of Amazon product reviews? (Vox)
- Sega does the retro console right with the fantastic Genesis Mini (The Verge)
- Pulse of the nation: How Beyond Meat could turn this humble pea into Canada’s new gold (Financial Post)
- Animal Spirits (Planet Money)
- Better Memory through Electrical Brain Ripples (Scientific American)
- Jeff Bezos Says People With High Intelligence Do This 1 Thing Often. (Now, Amazon Just Proved His Point) (Inc.)
- How ‘Shaft’ Brought the 1971 Chevy Chevelle SS Into 2019 (Popular Mechanics)
- Oil Inches Higher On Falling Rig Count (OilPrice)
- U.S. Navy official sees more orders for Boeing P-8A in coming months (Reuters)
- JGB Bulls Look to Kuroda to Keep Rally Going as Inflation Wanes (Bloomberg)
- Economy Breaks Record on Trump’s Watch. He Wants All the Credit (Bloomberg)
- Five things to watch in the pivotal Fed meeting (MarketWatch)
- Saudi Energy Minister hopes OPEC agrees to extend production cut ‘early July’ Reuters)
Bullish Percent – What it says about the Nasdaq/Risk Appetite
The Bullish Percent Index, or BPI, is a breadth indicator that shows the percentage of stocks on Point & Figure Buy Signals. There is no ambiguity on P&F charts because a stock is either on a P&F Buy Signal or P&F Sell Signal. The Bullish Percent Index fluctuates between 0% and 100%. Continue reading “Bullish Percent – What it says about the Nasdaq/Risk Appetite”