Since our post on February 19, Cotton is up 9.6% (underlying) excluding leverage. Could it have gone the other way? Of course, but the odds were in our favor – look at the data: Continue reading “Cotton Update: up 9.6% sans leverage”
Be in the know. 9 key reads for Monday…
- What self-made multimillionaires have in common (MarketWatch)
- Aramco Debt Demand Reaches $30 Billion in Deal Pitched by JPMorgan CEO (Bloomberg)
- Amazon’s Whole Foods price cuts aim to build a ‘Costco-like’ relationship with Prime members (MarketWatch)
- Boeing faces liabilities as CEO Dennis Muilenburg acknowledges ‘apparent’ 737 Max problem (USA Today)
- Dalio Says Capitalism’s Income Inequality Is National Emergency (Bloomberg)
- GE shares dive after downgrade by top analyst Tusa at JP Morgan; price target cut to $5 (CNBC)
- The price of Brexit has been £66 billion so far, plus an impending recession — and it hasn’t even started yet (Business Insider)
- Add-On Services Emerge as Car Dealers’ Profit Generator (Wall Street Journal)
- Bankruptcies Test One of Wall Street’s Favorite Trades (Wall Street Journal)
Be in the know. 20 key reads for Sunday…
- This Smart Fishing Reel Messages Your Phone When You’ve Got a Bite (Maxim)
- Why Goldman Sachs Is So Bullish on Disney After the Fox Acquisition (24/7 Wall Street)
- Boeing to Decrease 737 Max Production Starting in April (TheStreet)
- ECRI Weekly Leading Index Update: WLI Bouncing Back (Advisor Perspectives)
- You Could Have Today. Instead You Choose Tomorrow (Medium)
- 5G is still just hype for AT&T and Verizon (The Verge)
- The “New Energy Economy”: An Exercise in Magical Thinking (Manhattan Institute)
- Episode 904: Joke Theft (NPR Planet Money)
- 5 of Albert Einstein’s favorite books (Big Think)
- The Austerity Chronicles (Kenneth Rogoff) (Project Syndicate)
- How to Get What You Want (The Irrelevant Investor)
- Elon Musk and Netflix Both Use This Ancient Mental Strategy and It’s Pure Genius (Inc)
- The stock is down 91% since August. But Maiden Holdings insiders just bought at $0.78. (Whale Wisdom)
- Ferrari P80/C – The Most Epic Supercar from the Maranello manufacturer (Luxuo)
- Driving the Porsche GT3 RS and GT2 RS, the New Quickest Production Cars (Popular Mechanics)
- Adam Sandler to Host ‘Saturday Night Live’ for the First Time (Variety)
- Risk Assets Have Front-Run Reality (w/ Tian Yang) | Expert View (RealVision)
- Wall Street prepares to profit off looming global credit crunch (New York Post)
- Here’s a presidential secret all stock investors need to know (USA Today)
- New NAFTA deal ‘in trouble’, bruised by elections, tariff rows (Reuters)
Be in the know. 20 key reads for Saturday…
- Low Volume At Highs Does Not Provide The Short-Term Bearish Edge It Once Did (QuantifiableEdges)
- Michael Lewis Discusses the Culture of Finance (Podcast) (Bloomberg)
- The Intersection: Crypto and Wall Street This Week ()
- The Only Thing Going Right for Tech Companies Is the Stock Market (Bloomberg)
- Hedge Funds Just Posted Their Best Quarter Since 2009 (Bloomberg)
- ‘Corporate America Had Better Take Note.’ Fund Managers Are the New Activist Investors (Barron’s)
- The Great Sriracha Battle Is Coming to America (Bloomberg)
- Traders are waging a nearly $1 billion bet against Lyft and still have lots of ‘dry powder’ (LYFT) (Business Insider)
- Big banks to report first quarter results with lowered expectations (Reuters)
- A Rare Peek into the World’s Most Valuable Company (Equities)
- Billionaire Hedge-Fund Manager Warns a “Revolution†Is Coming (Vanity Fair)
- “The Mice Became Smarterâ€: New Treatment Restores Aging Brains (Futurism)
- The Machines That Will Read Your Mind (Wall Street Journal)
- How Successful People Handle Toxic People (Forbes)
- The Bespoke Report — Second Quarter Chart Checkup (Bespoke)
- What is Amazon? (Zack’s notes)
- Hedge Fund and Insider Trading News: Ken Griffin, Dmitry Balyasny, Ray Dalio, Walgreens Boots Alliance Inc (WBA), RumbleON Inc (RMBL), and More (Insider Monkey)
- This Fund Expects To Triple Its Money On GSE Preferred Shares (ValueWalk)
- When Will Gene Editing Help Humans? This Investor Says It’s Already Happening (Fortune)
- EIA Oil Inventory Analysis (EconMatters)
Earnings Estimates Drop Again: Good News or Bad?
Data Source (above): Factset
The bar is now so low that companies don’t even have to jump to get over it. They can stumble over like a drunken frat boy and still win. That’s the good news. Continue reading “Earnings Estimates Drop Again: Good News or Bad?”
Be in the know. 7 key reads for Friday…
- US adds 196,000 jobs as unemployment rate remains lowest in decades (NY Post)
- Josh Brown: How I explain the stock market vs the economy (CNBC)
- Snapchat launches new gaming platform (USA Today)
- China Hails ‘New Consensus’ on Trade as Trump Talks Up Unfinished Deal (Bloomberg)
- Biotech crops among sticking points in U.S.-China trade deal: sources (Reuters)
- Hedge-fund billionaire Ray Dalio says capitalism is failing America, and we need to take 5 specific actions to save it (Business Insider)
- Intel downgraded by Wells Fargo on weak 2019 demand and increased AMD competition (CNBC)
Unusual Options Activity – Dean Foods Company (DF)
Today some institution/fund purchased 11,788 contracts of June $3 strike calls (or the right to buy 1,178,800 shares of Dean Foods Company (DF) at $3). The open interest was just 355 prior to this purchase. Continue reading “Unusual Options Activity – Dean Foods Company (DF)”
Insider Buying in Endologix, Inc. (ELGX)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 7 key reads for Thursday…
- German manufacturing orders collapsed in February (MarketWatch)
- What to Watch in Friday’s Jobs Report (Barron’s)
- Tesla Deliveries Fall, in Potential Sign of Weaker U.S. Demand (Bloomberg)
- Global stocks stall after Trump’s tariffs block US-China trade deal progress (Business Insider)
- Jamie Dimon’s annual letter is out (JP Morgan)
- Accounting Rule Maker FASB Rejects Proposal on Loan Losses (Wall Street Journal)
- Morgan Stanley downgrades trader favorite Micron to sell, says inventories will pressure margins (CNBC)