Today some institution/fund purchased 12,346 contracts of June 30 strike calls (or the right to buy 1,234,600 shares of Cars.com, Inc. CARS at $30). The open interest was just 124 prior to this purchase. Continue reading “Unusual Options Activity”
Insider Buying
Hedge Fund Trade Tip – Position Idea Notification (PIN)
Be in the know. 5 key reads for Tuesday…
- Amazon generated $30 billion in cash last year, and it could be just the ammunition the company needs to start a price war (Business Insider)
- Baillie Gifford was an early investor in Amazon, Facebook, and Tesla — here are the stocks and themes the $221 billion firm is betting on for the future (Business Insider)
- Bill Gross’ best investment over the last 10 years had nothing to do with bonds (Market Watch)
- Why every fund manager should employ a monkey (Money Week)
- Trump and Fed Chairman Jerome Powell Dine at White House (New York Times)
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Unusual Options Activity
Today some institution/fund purchased 10,324 contracts of July 50 strike calls (or the right to buy 1,032,400 shares of Etrade ETFC at $50). The open interest was just 556 prior to this purchase. Continue reading “Unusual Options Activity”
Insider Buying
Be in the know. 7 key reads for Monday…
- Oil hits 2019 high near $64 on Venezuela sanctions, OPEC (CNBC)
- BNP Paribas: China’s economy could recover in 2H of 2019 (CNBC)
- Fed’s Kashkari: Rate hike pause keeps U.S. growth on track (Reuters)
- What the CEO of America’s Largest Mall REIT, Simon Property Group, Just Said about the Brick & Mortar Meltdown and How it’s Trying to Manage It (Wolf Street)
- Steve Jobs Motivational Speeches Compilation with Music – Best Advice for Entrepreneurs (You Tube)
- Will Trump try to take a detour though Texas? (American Thinker)
- This crypto exchange can’t repay the $190 million to customers because the CEO died with the only password (Business Insider)
Bullish Percent – What it says about the Nasdaq Composite right now…
Right now, the “Bullish Percent” Nasdaq composite index is coming in at just 43.61%. The above chart is the “Bullish Percent Index” for the Nasdaq Composite (red and black line) with the Nasdaq Composite Index in the background (all black line). Continue reading “Bullish Percent – What it says about the Nasdaq Composite right now…”
Be in the know. 7 key weekend reads…
1. ‘Punxsutawney Phil’ predicts winter blast will soon end (Reuters)
2. My Mother Was a Betting Woman (New York Times)
3. Trump: ‘Good chance’ he will declare emergency for wall money (Yahoo)
4. Can the Fed Stave Off the Next Recession? (Barron’s)
5. Someone’s Making a Big Bet on a Border Wall (Barron’s)
6. Opinion: The evidence is in: Stocks are in a ‘bull trap’ (Market Watch)
7. Crypto Is Over: Paris Fintech Summit Returns to Disrupting Banks (Bloomberg)
Insider Buying
On 1/28/19, Huntley Garriott – the President of Live Oak Bankshares, Inc. (LOB) – purchased 20,000 shares of stock at $13.82 for a total out of pocket purchase of $276,400. Other insiders added ~$127,000 of purchases in the same 24 hour period.
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