- Trump says ‘dangerous’ Huawei could be included in U.S.-China trade deal (Reuters)
- Theresa May announces her resignation as prime minister and Conservative leader (Business Insider)
- Racing cars from the Indianapolis 500 Speedway, a gearhead’s dream (USA Today)
- Chip Makers Are Punished as the Trade War Drags On (New York Times)
- Trump’s Point Man on China Trade Is Still Trying to Close the Deal (Wall Street Journal)
- Colony Capital Aims to Invest $5 Billion in Latin America (Wall Street Journal)
- Josh Brown: The power of compounding can help you double your money, again and again (CNBC)
AAII Results: Bulls on the Run, Time to Buy?
Today’s AAII Sentiment Survey results had the bulls running for the hills! When you look at the chart above, the red and black line represents the bullish percent number from the weekly survey. The black line in the background represents the S&P 500. Continue reading “AAII Results: Bulls on the Run, Time to Buy?”
Quote of the Day…
Where is money flowing today?
Be in the know. 5 key reads for Thursday…
- Panthers’ owner David Tepper is returning investors’ cash to focus on team (New York Post)
- The Roar, the Riches, the Race: Previewing the Monaco Grand Prix (Bloomberg)
- China just tested its ‘nuclear option’ in the trade war (Business Insider)
- More active managers are beating the stock market again thanks to the trade war: Goldman Sachs (MarketWatch)
- Why These 4 Semiconductor Stocks May Be the Absolute Best 5G Play (24/7 Wall Street)
Unusual Options Activity – Freeport-McMoRan Inc. (FCX)
Today some institution/fund purchased 15,698 contracts of July $10 strike calls (or the right to buy 1,569,800 shares of Freeport-McMoRan Inc. (FCX) at $10). The open interest was just 525 prior to this purchase.
Continue reading “Unusual Options Activity – Freeport-McMoRan Inc. (FCX)”
