On September 30, 2019, Billionaire Ronald Perelman – Director of Scientific Games Corporation (SGMS) – purchased another 50,000 shares of SGMS at $20.42. The cost was $1,021,000.
Where is money flowing today?
Quote of the Day…
Hedge Fund Trade Tip (PIN) – Position Idea Notification
AAII Sentiment Survey: Hurts So Good…
In April 1982, John Cougar Mellencamp released a song entitled, “Hurts So Good.” I was never a huge fan of the song, but in thinking about what to write today, his lyrics came to me: Continue reading “AAII Sentiment Survey: Hurts So Good…”
Be in the know. 11 key reads for Thursday…
- The bull market for stocks may be old, but it’s not dead yet, say Citi strategists (MarketWatch)
- Texture, Flavor, Funk! Six Rules for Building a Better Cheese Board (Bloomberg)
- Microsoft Looks to Rewrite History on Its Phone Business (Bloomberg)
- Here’s why a Houston businessman is betting millions on the Astros winning the World Series (MarketWatch)
- The Curious Case of the Terrible Manufacturing Number (Barron’s)
- Chinese Stocks Are Tumbling. Here’s Why Alibaba and Others Will Bounce Back. (Barron’s)
- Everything Is Private Equity Now (Bloomberg)
- Chicago Fed’s Evans says he’s worried about inflation outlook, open minded on more rate cuts (MarketWatch)
- GE’s Larry Culp Talks About His First Drama-Filled Year as CEO (MarketWatch)
- Slumping Data May Force Powell to Move to Third Cut (Bloomberg)
- A Secretive Committee of Wall Street Insiders Is the Least of the New York Fed’s Concerns. (Institutional Investor)
Unusual Options Activity – Cisco Systems, Inc. (CSCO)
Today some institution/fund purchased 1,147 contracts of March $42.5 strike calls (or the right to buy 114,700 shares of Cisco Systems, Inc. (CSCO) at $42.5). The open interest was just 139 prior to this purchase. Continue reading “Unusual Options Activity – Cisco Systems, Inc. (CSCO)”
Insider Buying in FedEx Corporation (FDX)
Where is money flowing today?
Financials (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Financials Sector ETF (XLF) top 30 weighted stocks. Continue reading “Financials (top 30 weights) Earnings Estimates/Revisions”