- Fed’s Bullard on his rate cut dissent: US manufacturing appears to be ‘in recession’ (CNBC)
- Larry Ellison on Uber, Tesla, AI, and More (Barron’s)
- AbbVie Stock Is Falling Because Investors Hate the Allergan Deal. The Vice Chairman Bought Up Shares. (Barron’s)
- China cuts new loan rate for second month but struggling economy likely needs more (Reuters)
- Activist investor Peltz says GE CEO Culp is doing a good job (Yahoo! Finance)
- U.S. bankers seize on repo-market stress to push for softer liquidity rules (Reuters)
- Light Street’s Glen Kacher: ‘Multiples Should be Higher’ (Institutional Investor)
- Jim Grant, “Nobody’s going to be right all the time. Our job was to make people stop and think.” (Institutional Investor)
- Netflix chief says ‘The Crown’ will look a bargain after streaming explosion (Reuters)
- Hold That Recession: U.S. Indicators Are Trouncing Forecasts (Bloomberg)
- Fed Will Weigh Resuming Balance Sheet Growth at October Meeting (Wall Street Journal)
- Tesla’s Model 3 earns insurance industry’s top safety rating (New York Post)
Unusual Options Activity – Capri Holdings Limited (CPRI)
Today some institution/fund purchased 10,735 contracts of Feb. 2020 $37.5 strike calls (or the right to buy 1,073,500 shares of Capri Holdings Limited (CPRI) at $37.5). The open interest was just 175 prior to this purchase. Continue reading “Unusual Options Activity – Capri Holdings Limited (CPRI)”
Insider Buying in AbbVie Inc. (ABBV)
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 8 key reads for Thursday…
- Hedge Fund and Insider Trading News: John Paulson, Daniel Loeb, Tom Steyer, GoldenTree Asset Management, Fox Factory Holding Corp (FOXF), Silicon Laboratories (SLAB), and More (Insider Monkey)
- Investors and the Fed: I’m OK, You’re OK (Wall Street Journal)
- U.S., Chinese trade deputies face off in Washington amid deep differences (Reuters)
- 10 Stable Growth Socks That Are Still Worth the Price, Analyst Says (Barron’s)
- Buffett protégé Tracy Britt Cool leaving Berkshire Hathaway (New York Post)
- U.S. Jobless Claims Increase Less Than Forecast to 208,000 (Bloomberg)
- Microsoft to Buy Back Up to $40 Billion in Stock (Wall Street Journal)
- Just Two Stocks Turned Pennies Into Billions (Investor’s Business Daily)
AAII Sentiment: Is this it?
This week, AAII Sentiment Survey results edged up from 33.13% Bullish Percent to 35.34%. Since mid-August we had been suggesting stepping in as buyers of stocks when everyone else was selling and rushing to bonds. Continue reading “AAII Sentiment: Is this it?”
Unusual Options Activity – Cisco Systems, Inc. (CSCO)
Today some institution/fund purchased 6,374 contracts of Sept 2020 $60 strike calls (or the right to buy 637,400 shares of Cisco Systems, Inc. (CSCO) at $60). The open interest was just 561 prior to this purchase. Continue reading “Unusual Options Activity – Cisco Systems, Inc. (CSCO)”
