Hedge Fund Tips (PCN) – Position Completion Notification
Warning signs from AAII Sentiment Survey results this morning…
AAII Sentiment Survey results are out this morning. Bullishness is now up OVER the 40 level – which usually marks market reversals. Bearishness has collapsed. In the S&P500 chart below I have noted those dates in the recent Continue reading “Warning signs from AAII Sentiment Survey results this morning…”
Be in the know. 8 key reads for Thursday…
- “Sometimes You Have To Walk”: Hanoi Summit Ends In Disarray As Trump Balks At Kim Demands For Sanctions Relief (Zero Hedge)
- Never Before Has the Fate of Hedge Funds Turned on So Few Stocks (Bloomberg)
- KKR, After Nailing the Rally in Stocks, Says It’s Time to Lighten Up (Bloomberg)
- Auto loan delinquencies rise as the cost of monthly payments hit record high (CNBC)
- U.S. trade chief sees long-term China challenges, continued tariff threat (Reuters)
- A Stock-Market Forecasting Tool That Actually Works (MarketWatch)
- U.S. Marijuana Retailer MedMen Burns Cash as Sales Grow (Barron’s)
- Dalio Says Fed Pivot Means He’s Less Worried About Recession (Bloomberg)
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Unusual Options Activity
Today some institution/fund purchased 10,605 contracts of April $11 strike puts (or the right to sell short 1,060,500 shares of NIO, Inc (NIO) at $11). The open interest was just 1,455 prior to this purchase. Continue reading “Unusual Options Activity”
Insider Buying
Update: PMO BUY SPX 78% (recent) Accuracy
Since our post on February 14, the “PMO Buy SPX” indicator (above) has deteriorated from 83 to 75 and the “PMO Buy ALL” indicator has deteriorated from 100 to 93 (Click for “PMO Buy ALL” Chart). See our Continue reading “Update: PMO BUY SPX 78% (recent) Accuracy”
