Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 8 key reads for Friday…
- Jim Grant: Low Interest Rates Forever? Don’t Get Used to That Idea (Barron’s)
- U.S. adds 75,000 jobs in May, unemployment flat at 3.6% (MarketWatch)
- Druckenmiller says if the jobs number is weak, the Fed ‘will be on a clear easing path by July’ (CNBC)
- Value stocks are trading at the steepest discount in history (MarketWatch)
- Stocks could surge on cusp of huge buying signal says Bank of America Merrill Lynch (MarketWatch)
- Investors, Buy the Dips: The Economic Cycle Isn’t What It Used to Be (Wall Street Journal)
- 5 Contrarian Dividend Stocks to Buy With the Market Fully Valued (24/7 Wall Street)
- As Mexico-U.S. talks progress, markets rise on hopes a deal could be close (Reuters)
Unusual Options Activity – Lowe’s Companies, Inc. (LOW)
Today some institution/fund purchased 11,723 contracts of Oct. $105 strike calls (or the right to buy 1,172,300 shares of Lowe’s Companies, Inc. (LOW) at $105). The open interest was just 716 prior to this purchase. Continue reading “Unusual Options Activity – Lowe’s Companies, Inc. (LOW)”
Insider Buying in Encana Corporation (ECA)
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
AAII Sentiment Survey Results. Even Better Than Last Week…
Last week we said, “the probabilities favor “fading pessimism” and getting selectively long”: Continue reading “AAII Sentiment Survey Results. Even Better Than Last Week…”
Be in the know. 15 key reads for Thursday…
- Here are recent stock-market moves by the top billionaire stock pickers (Business Insider)
- Boeing and China Still Need Each Other (Bloomberg)
- Can This 10-Year-Old Girl Save the Olympics? (Bloomberg)
- Teva Chairman Sol Barer Bought Up Even More Stock (Barron’s)
- ECB pushes back rate hike and offers to pay banks to lend (Reuters)
- Don’t Fear The First Rate Cut (The Fat Pitch)
- Mexican officials to meet Pence in last-ditch talks to avert tariffs (Reuters)
- These 3 beaten-down tech stocks are so bad, they’re good, strategist says (CNBC)
- European Central Bank says now plans to leave rates on hold at least through first-half 2020 (MarketWatch)
- Are Traders Underestimating the Chance That Interest Rates Will Return to Zero? (Barron’s)
- Fed uses Chicago conference to signal it will use quantitative easing aggressively to fight next recession (MarketWatch)
- Continental Resources begins $1B stock repurchase (KallanishEnergy)
- Stocks Lure Buyers With Cheapest Valuations in Months (Wall Street Journal)
- Bristol R&D Chief to Leave After Celgene Acquisition (Wall Street Journal)
- Goldman Sachs upgrades United Airlines to buy and sees the stock climbing 32% (CNBC)
Unusual Options Activity – Dropbox, Inc. (DBX)
Today some institution/fund purchased 40,100 contracts of July $23 strike calls (or the right to buy 4,010,000 shares of Dropbox, Inc. (DBX) at $23). The open interest was just 3,456 prior to this purchase. Continue reading “Unusual Options Activity – Dropbox, Inc. (DBX)”