Data Source: Finviz
In the last 3 days, insiders in Occidental Petroleum Corporation (OXY) have purchased $4,171,439 of OXY stock.
Hedge Fund Trade Tip (PMN) – Position Management Notification
AAII Sentiment Survey Results Still Favor Bulls (Even After Bounce)
In the last 2 weeks we talked about fading pessimism and buying stocks. Even after the big bounce we got in the market following the extreme pessimism, there is still skepticism in the market. This bodes well for continued gains in coming weeks as the market can climb the wall of worry. Continue reading “AAII Sentiment Survey Results Still Favor Bulls (Even After Bounce)”
Be in the know. 10 key reads for Thursday…
- Jerry Jones says buying Natural Gas feels like when he bought the Dallas Cowboys in 1989 for $140M (no one wanted it and it’s now worth $5 Billion). “I bought it when everything was down and out (Cowboys).” He’s putting his own money ($475M) where his mouth is with his Comstock Resources (CRK). (World Oil)
- St. Louis Blues Win the Stanley Cup (Wall Street Journal)
- Hedge Fund and Insider Trading News: Paul Tudor Jones, Elliott Advisors, Orion Energy Systems, Inc. (OESX), Cisco Systems, Inc. (CSCO), and More: (Insider Monkey)
- Oil prices surge after suspected tanker attack near Iran (Reuters)
- Trump says he’s considering slapping sanctions on gas pipeline from Russia to Germany (CNBC)
- One big reason you should be in the stock market right now: J.P. Morgan (Kolanovic) (MarketWatch)
- Big Banks Are Expected to Offer Up Higher Dividends (Barron’s)
- The Fed Gets More Cover for a Cut (Wall Street Journal)
- Trump Isn’t Alone. These Millennials on the Left Want Low Interest Rates, Too. (New York Times)
- China’s Father of Electric Cars Says Hydrogen Is the Future (Bloomberg)
Unusual Options Activity – Allergan plc (AGN)
Today some institution/fund purchased 2,923 contracts of Aug $130 strike calls (or the right to buy 292,300 shares of Allergan plc (AGN) at $130). The open interest was just 789 prior to this purchase. Continue reading “Unusual Options Activity – Allergan plc (AGN)”
Where is money flowing today?
Insider Buying in Occidental Petroleum Corporation (OXY)
Be in the know. 11 key reads for Wednesday…
- U.S. mortgage applications jump to highest since September 2016: MBA (Reuters)
- US consumer prices barely rise in May (CNBC)
- The Economy Looks Good on Main Street — and That’s Bad for Bonds (Barron’s)
- Occidental Stock Is Near a Decade Low, and the CEO Bought Up Shares (Barron’s)
- Alibaba Stock Is ‘Attractive’ Even as Investors Grow Less Bullish (Barron’s)
- Wells Fargo CEO Search Drags On as Two Top Candidates Take a Pass (Wall Street Journal)
- Risky Borrowing Is Making a Comeback, but Banks Are on the Sideline (New York Times)
- Biotech Investors Need Bigger Targets (Wall Street Journal)
- Uber’s first air-travel market outside of the United States will be Melbourne, Australia (Business Insider)
- Boeing 737 Max to Be Flying Again by December, FAA Official Says (Bloomberg)
- A ‘Goldfinger’ Car Highlights a Special Family Bond—James Bond (Wall Street Journal)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Unusual Options Activity – Gulfport Energy Corporation (GPOR)
Today some institution/fund purchased 55,791 contracts of January 2020 $7.5 strike calls (or the right to buy 5,579,100 shares of Gulfport Energy Corporation (GPOR) at $7.5). The open interest was just 361 prior to this purchase. Continue reading “Unusual Options Activity – Gulfport Energy Corporation (GPOR)”