In the spreadsheet above I have tracked the earnings estimates for the Nasdaq Biotech ETF (IBB) top 30 weighted stocks. The column under the date 5/2/2019 has a letter that represents the movement in 2019 earnings Continue reading “Biotech (top 30 weights) Earnings Estimates/Revisions”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
AAII Sentiment Survey Results Out. At/Near Extreme Levels…
This week, bullishness came in at 39.02% which is near an extreme (I look for reads at or above 40 as potential triggers). Bearishness is still at historic lows – coming in at 21.34% (I look for reads below 30). Continue reading “AAII Sentiment Survey Results Out. At/Near Extreme Levels…”
Be in the know. 10 key reads for Thursday…
- Allianz’s Mohamed El-Erian: When central banks don’t understand the markets, watch out (MarketWatch)
- Berkshire Hathaway shares are trailing the S&P 500 over the last one, five, 10 and 15 years (CNBC)
- Dalio Says Something Like MMT Is Coming, Whether We Like It Or Not (Bloomberg)
- Get ready for an IPO bonanza. These 16 companies are set to go public in the next 9 days. (Business Insider)
- U.S. Fed sees no strong case for hiking or cutting rates (Reuters)
- Here’s what New Yorkers think about the Impossible Burger (New York Post)
- 3 Health-Care Stocks With Growing Dividends (Barron’s)
- These 2 Drug Giants Just Topped Earnings Views (Investor’s Business Daily)
- CVS Shares Are on the Mend (Wall Street Journal)
- Tesla offers $650M of shares, $1.35B of notes to ‘strengthen’ balance sheet (TheFly)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Unusual Options Activity – Novo Nordisk A/S (NVO)
Today some institution/fund purchased 5,081 contracts of September $55 strike calls (or the right to buy 508,100 shares of Novo Nordisk A/S (NVO) at $55). The open interest was just 520 prior to this purchase. Continue reading “Unusual Options Activity – Novo Nordisk A/S (NVO)”
Insider Buying in Grubhub Inc. (GRUB)
Russell 2000 (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the top 30 weighted Russell 2000 small cap stocks. I have columns for what the 2019 and 2020 estimates (if available) were: 2/13/2019, 3/15/2019 and today Continue reading “Russell 2000 (top 30 weights) Earnings Estimates/Revisions”
European (Stoxx 600) Q1 Earnings Estimates Drop Again
Data Source: Thomson Reuters
Unlike US earnings, which have improved as earnings season moves forward, EU earnings have deteriorated. In the past 2 weeks, Q1 estimates for the STOXX 600 have declined from -3.4% to -4.2% (down from -1.6% 4 weeks ago).
Continue reading “European (Stoxx 600) Q1 Earnings Estimates Drop Again”
