Gold Miners Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Gold Miner Sector ETF (GDX) top US holdings. Continue reading “Gold Miners Earnings Estimates/Revisions”
European (Stoxx 600) Q1 Earnings Beat Estimates
Data Source: Thomson Reuters
European Earnings (Stoxx 600) have improved in the last six weeks. First quarter earnings have improved from -4.2% to -2.3%. Revenue is expected to increase 3.6% vs. 0.7% on 5/1. Continue reading “European (Stoxx 600) Q1 Earnings Beat Estimates”
Be in the know. 15 key reads for Tuesday…
- Hedge Fund and Insider Trading News: Marshall Wace, Bodenholm Capital, ExodusPoint Capital, MGM Resorts International (MGM), Caci International Inc (CACI), and More (Insider Monkey)
- Small-business optimism rises to pre-shutdown levels (MarketWatch)
- FedEx opt out of Express contract with Amazon may be good thing, analysts say (MarketWatch)
- Freeport-McMoRan’s CEO bought stock as shares lag behind (Barron’s)
- Big Banks Could Soon Raise Their Dividends, if the Fed Signs Off (Barron’s)
- Commerce Secretary Wilbur Ross predicts Trump and China will reach a trade deal — ‘even shooting wars end in negotiations’ (CNBC)
- Krispy Kreme has grand plans for Times Square: The world’s largest ‘Hot Light,’ a ‘glaze waterfall’ and more (USA Today)
- Under pressure, Fed faces an outlook clouded by trade wars and signs of weakness (Reuters)
- ECB’s Rehn: tiering, rates cut, more QE all on the table (Reuters)
- Intel buying Barefoot Networks to compete better against Broadcom (MarketWatch)
- 4 Stocks to Buy That Were Hurt by the Worst Spring Weather in 20 Years (24/7 Wall St.)
- Occidental Petroleum (OXY) CEO Hollub Buys Nearly $2M in Stock (Street Insider)
- Flying Robotaxis Prepare for Takeoff (Bloomberg)
- North Korean Leader’s Slain Half Brother Was a CIA Source (Wall Street Journal)
- Beyond Meat dives after lead underwriter JP Morgan downgrades: ‘Beyond our price target’ (CNBC)
Bullish Implications? NASI/NYSI McClellan Summation Index + Parabolic SAR
A bunch of bearishness is coming in following the weaker close today. While it would be perfectly normal to take a breather here, there are a few indicators that suggest the bounce higher may be starting vs. ending. I will discuss 2 here. Continue reading “Bullish Implications? NASI/NYSI McClellan Summation Index + Parabolic SAR”
Unusual Options Activity – Gilead Sciences, Inc. (GILD)
Today some institution/fund purchased 9,254 contracts of July $65 strike calls (or the right to buy 925,400 shares of Gilead Sciences, Inc. (GILD) at $65). The open interest was just 1,967 prior to this purchase. Continue reading “Unusual Options Activity – Gilead Sciences, Inc. (GILD)”
Insider Buying in Continental Resources, Inc. (CLR)
Where is money flowing today?
Energy Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Energy Sector ETF (XLE). Continue reading “Energy Earnings Estimates/Revisions”