Today some institution/fund purchased 10,588 contracts of Oct. $20 strike calls (or the right to buy 1,058,800 shares of Mylan N.V. (MYL) at $20). The open interest was just 118 prior to this purchase. Continue reading “Unusual Options Activity – Mylan N.V. (MYL)”
Insider Buying in Phillips 66 (PSX)
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Consumer Discretionary (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Consumer Discretionary Sector ETF (XLY) top 30 weighted stocks. The column under the date 5/13/2019 has a letter that represents the movement Continue reading “Consumer Discretionary (top 30 weights) Earnings Estimates/Revisions”
Be in the know. 6 key reads for Monday…
- The inside story of why Amazon bought PillPack in its effort to crack the $500 billion prescription market (CNBC)
- Tariff War Impact: 20-30 basis points (0.20%-0.30%) hit to U.S. GDP. Not ideal, but not the biggest deal either (MarketWatch)
- China raising tariffs on $60 billion in US goods (New York Post)
- How Much Money Do You Need to Be Wealthy in America? (Bloomberg)
- Billionaire Superyacht Showdown: Who’s Who At The 2019 Cannes Film Festival (Forbes)
- Mark Zuckerberg responds to cofounder’s call to break up Facebook, says it wouldn’t help anything (9to5Mac)
Be in the know. 10 key reads for Sunday…
- Drake Has Turned a Massive 767 Cargo Plane Into a $185 Million Flying Oasis Named ‘Air Drake’ (People)
- Impossible Burger 2.0: Where to buy, availability, taste, price (CNET)
- How asteroid mining will save the Earth — and mint trillionaires (Mashable)
- Amazon Prime’s one-day shipping is already rolling out (The Verge)
- Renaissance Paragone: An Ancient Tactic for Getting the Most From People (Farnam Street)
- The Russian Revolution and Bond Bubbles (Podcast) (Bloomberg)
- An Entire 3D-Printed Neighborhood Will Be Constructed in 24 Hours (Popular Mechanics)
- Gundlach Slams Fed for Putting Brakes on Rate Hikes (CIO)
- Trump tells China to ‘act now’ on trade or face a ‘far worse’ deal in his second term (CNBC)
- Mercedes have discussed Ferrari move with Hamilton: Wolff (Reuters)
Be in the know. 20 key reads for Saturday…
- China Names Its Trade-Deal Price as Trump Sets Month Deadline (Bloomberg)
- Fed’s Bostic: Higher tariffs could result in interest-rate cuts if consumer spending suffers (MarketWatch)
- UPS Stock Is Poised to Deliver. Here’s Why (Barron’s)
- J.B. Hunt Stock Is a Bargain Play in Intermodal Shipping (Barron’s)
- We Tested 50 Men’s Hair Products. Here Are the Best (Wall Street Journal)
- ‘Titans’ missing from Las Vegas hedge fund conference (New York Post)
- Warren Buffett’s tribute to a legendary investor reveals 3 secrets to living an extraordinary life (CNBC)
- Pound Volatility a Bargain for Investors Eyeing Brexit Breakout (Bloomberg)
- CBI Hits 10+ While $SPX is in a Long-Term Uptrend (QuantifiableEdges)
- Big Little Lies Season 2 Might Somehow Be Even More Tense Than Season 1 (Vanity Fair)
- This Physicist Is Using Mayonnaise to Study Nuclear Fusion (Futurism)
- What Warren Buffett’s Teacher Would Make of Today’s Market (Wall Street Journal)
- Don Felder Discusses the Business of Rock and Roll (Podcast) (Bloomberg)
- Hedge Fund and Insider Trading News: Michael Platt, Jeff Smith, Daniel Loeb, Anthony Scaramucci, Ultra Clean Holdings Inc (UCTT), Opko Health Inc. (OPK), and More (Insider Monkey)
- New Lease Accounting: Why Is It Important For Investors And Analysts? (Value Walk)
- These 9 Spectacular Watches and Clocks Are the Top Lots at Geneva’s Spring Auctions (RobbReport)
- Flying Taxis Are Coming. Here Are 5 That Are About to Take Off (Robb Report)
- Where Top Chefs Go for the Best Late-Night Bites and Booze (Men’s Journal)
- Is ‘John Wick: Chapter 3’ A Worthy Sequel? Here’s What The Reviews Have To Say (digg)
- Amazon Is Selling a DIY Guest House You Can Build in 8 Hours (Maxim)
Q1 Earnings Continued Improvement. Guidance Subpar…
Data Source: Factset
Q1 Earnings Estimates bumped up to -.5% today from -.8% last week. With the pullback in the markets this week, the forward p/e multiple is back in line with the 5 year average of 16.5. This is constructive. Continue reading “Q1 Earnings Continued Improvement. Guidance Subpar…”
