Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 7 key reads for Thursday…
- Hedge Fund and Insider Trading News: Ray Dalio, Steven Cohen, Elliott Management, Woodford Investment Management, Chemed Corporation (CHE), Neogen Corporation (NEOG), and More (Insider Monkey)
- U.S. weekly jobless claims fall; labor market strong (Reuters)
- Japan greenlights first South Korea export since July curbs, but with a warning (Reuters)
- `90210’ is back: Is revived series any good? (USA Today)
- Bears Lose Even on Down Days (Wall Street Journal)
- Tilson Still Bullish After Lumber Liquidators Stock Falls 40% (ValueWalk)
- 3 Stocks for a China First Investment Strategy (Barron’s)
AAII Sentiment Survey Results: What a Difference a Week Makes…
Source: AAII
Last week we had hit full complacency levels on the Bearish Percent which had plummeted down to 24.06%. We did not however get to euphoric levels of bullishness – coming in a couple of percent shy at 38.44%. What a difference a week makes: Continue reading “AAII Sentiment Survey Results: What a Difference a Week Makes…”
European (Stoxx 600) Q2 Earnings Estimates Drop
Data Source: Thomson Reuters
European (Stoxx 600) Q2 earnings estimates dropped -3.3% this week (to -2.7% from +.6%). You can see last week’s results here: Continue reading “European (Stoxx 600) Q2 Earnings Estimates Drop”
Unusual Options Activity – Wells Fargo & Company (WFC)
Today some institution/fund purchased 20,470 contracts of January 2021 $30 strike calls (or the right to buy 2,047,000 shares of Wells Fargo & Company (WFC) at $30). The open interest was just 3,445 prior to this purchase. Continue reading “Unusual Options Activity – Wells Fargo & Company (WFC)”
