In November 2018, the Council on Foreign Relations did an article that attempted to quantify the impact of the Fed’s balance sheet runoff (Quantitative Tightening): https://www.cfr.org/blog/fed-tightening-more-it-realizes Continue reading “Relax, we got a ~40bps rate cut?”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Unusual Options Activity – Pfizer Inc. (PFE)
Today some institution/fund purchased 1,000 contracts of Jan 2020 $20 strike calls (or the right to buy 100,000 shares of Pfizer Inc. (PFE) at $20). The open interest was just 325 prior to this purchase. Continue reading “Unusual Options Activity – Pfizer Inc. (PFE)”
Insider Buying in Cabot Oil & Gas Corporation (COG)
Where is money flowing today?
Financials (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Financials Sector ETF (XLF) top 30 weighted stocks. Continue reading “Financials (top 30 weights) Earnings Estimates/Revisions”
Be in the know. 12 key reads for Wednesday…
- Gilead Sciences Is a ‘Top Pick.’ Analyst Says the Stock Can Rise 40%. (Barron’s)
- Hedge Fund and Insider Trading News: Tom Steyer, Visium Asset Management, Cat Rock Capital, Central Pacific Financial Corp. (CPF), Comfort Systems USA, Inc. (FIX), and More (Insider Monkey)
- U.S. Crude Draws Should Continue Into Year-End (Seeking Alpha)
- Weekly Market Summary (The Fat Pitch)
- Gilead Sciences Beats Second-Quarter Earnings Expectations (Barron’s)
- Wells Fargo Reaps a Windfall From Old Financial-Crisis Mortgages (Barron’s)
- Apple Stock Rallies as Earnings Top Estimates, Boosted by AirPods and Apple Watch (Barron’s)
- The Undeclared Currency War: How the ECB Is Forcing the Fed’s Hand (Wall Street Journal)
- Warren Buffett: This is the No. 1 mistake parents make when teaching kids about money (CNBC)
- China Says U.S. Trade Talks to Continue With September Meeting (Bloomberg)
- The Best Ice Cream Parlor in Every State (24/7 Wall Street)
- Humana Beats Q2 Earnings Forecast as Medicare Advantage Sign-Ups Accelerate (TheStreet)
European (Stoxx 600) Q2 Earnings Estimates still Positive Year on Year
Data Source: Thomson Reuters
While it’s still early in Q2 European Stoxx 600 reporting, estimates came down in the past few weeks. In contrast to 7/10/19, Stoxx 600 earnings are now expected to increase .6% year on year relative to .8% expectations on Continue reading “European (Stoxx 600) Q2 Earnings Estimates still Positive Year on Year”
Unusual Options Activity – Baidu, Inc. (BIDU)
Today some institution/fund purchased 698 contracts of Oct $130 strike calls (or the right to buy 69,800 shares of Baidu, Inc. (BIDU) at $130). The open interest was just 332 prior to this purchase. Continue reading “Unusual Options Activity – Baidu, Inc. (BIDU)”
