- Drake Has Turned a Massive 767 Cargo Plane Into a $185 Million Flying Oasis Named ‘Air Drake’ (People)
- Impossible Burger 2.0: Where to buy, availability, taste, price (CNET)
- How asteroid mining will save the Earth — and mint trillionaires (Mashable)
- Amazon Prime’s one-day shipping is already rolling out (The Verge)
- Renaissance Paragone: An Ancient Tactic for Getting the Most From People (Farnam Street)
- The Russian Revolution and Bond Bubbles (Podcast) (Bloomberg)
- An Entire 3D-Printed Neighborhood Will Be Constructed in 24 Hours (Popular Mechanics)
- Gundlach Slams Fed for Putting Brakes on Rate Hikes (CIO)
- Trump tells China to ‘act now’ on trade or face a ‘far worse’ deal in his second term (CNBC)
- Mercedes have discussed Ferrari move with Hamilton: Wolff (Reuters)
Be in the know. 20 key reads for Saturday…
- China Names Its Trade-Deal Price as Trump Sets Month Deadline (Bloomberg)
- Fed’s Bostic: Higher tariffs could result in interest-rate cuts if consumer spending suffers (MarketWatch)
- UPS Stock Is Poised to Deliver. Here’s Why (Barron’s)
- J.B. Hunt Stock Is a Bargain Play in Intermodal Shipping (Barron’s)
- We Tested 50 Men’s Hair Products. Here Are the Best (Wall Street Journal)
- ‘Titans’ missing from Las Vegas hedge fund conference (New York Post)
- Warren Buffett’s tribute to a legendary investor reveals 3 secrets to living an extraordinary life (CNBC)
- Pound Volatility a Bargain for Investors Eyeing Brexit Breakout (Bloomberg)
- CBI Hits 10+ While $SPX is in a Long-Term Uptrend (QuantifiableEdges)
- Big Little Lies Season 2 Might Somehow Be Even More Tense Than Season 1 (Vanity Fair)
- This Physicist Is Using Mayonnaise to Study Nuclear Fusion (Futurism)
- What Warren Buffett’s Teacher Would Make of Today’s Market (Wall Street Journal)
- Don Felder Discusses the Business of Rock and Roll (Podcast) (Bloomberg)
- Hedge Fund and Insider Trading News: Michael Platt, Jeff Smith, Daniel Loeb, Anthony Scaramucci, Ultra Clean Holdings Inc (UCTT), Opko Health Inc. (OPK), and More (Insider Monkey)
- New Lease Accounting: Why Is It Important For Investors And Analysts? (Value Walk)
- These 9 Spectacular Watches and Clocks Are the Top Lots at Geneva’s Spring Auctions (RobbReport)
- Flying Taxis Are Coming. Here Are 5 That Are About to Take Off (Robb Report)
- Where Top Chefs Go for the Best Late-Night Bites and Booze (Men’s Journal)
- Is ‘John Wick: Chapter 3’ A Worthy Sequel? Here’s What The Reviews Have To Say (digg)
- Amazon Is Selling a DIY Guest House You Can Build in 8 Hours (Maxim)
Q1 Earnings Continued Improvement. Guidance Subpar…
Data Source: Factset
Q1 Earnings Estimates bumped up to -.5% today from -.8% last week. With the pullback in the markets this week, the forward p/e multiple is back in line with the 5 year average of 16.5. This is constructive. Continue reading “Q1 Earnings Continued Improvement. Guidance Subpar…”
Where is money flowing today?
Unusual Options Activity – Scientific Games Corporation (SGMS)
Today some institution/fund purchased 3,855 contracts of July $22 strike calls (or the right to buy 385,500 shares of Scientific Games Corporation (SGMS) at $22. The open interest was 2,386 prior to this purchase. Continue reading “Unusual Options Activity – Scientific Games Corporation (SGMS)”
Insider Buying in Olin Corporation (OLN)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 12 key reads for Friday…
- 3M Stock Crashed After Earnings, but One Director Just Bought Shares (Barron’s)
- “All I’m Thinking Is, ‘I’m Going to Die'”: Howard Stern Reveals Cancer Scare, Trump Regrets and Details of a Dishy New Book (Hollywood Reporter)
- Prescription Opioid Use Plummeted Most on Record Last Year ()
- US tariffs on China jump as deadline passes, China immediately says it will retaliate (CNBC)
- Fox unveils âinsanely simpleâ business model at Investor Day (New York Post)
- Horseman Capitalâs Russell Clark has been bearish for more than seven years. And if heâs wrong? âThis could be my farewell interview,â he says. (Bloomberg)
- Occidental Petroleum Emerges With the Prize in a Takeover Fight (New York Times)
- An increasing number of economists think a rate cut is coming (Business Insider)
- SEC Moves to Ease Audits for Smaller Companies (Wall Street Journal)
- Tiger Woods Has Become His Own Greatest Coach (Wall Street Journal)
- Hedge Funds No Longer Stars of Their Flashiest Conference (Wall Street Journal)
- Fed wants to target interest rates on longer term securities in next downturn (after short-rates hit zero): (Federal Reserve)
Unusual Options Activity – Occidental Petroleum Corporation (OXY)
Today some institution/fund purchased 6,212 contracts of June $60 strike calls (or the right to buy 621,200 shares of Occidental Petroleum Corporation (OXY) at $60). The open interest was 3,561 prior to this purchase.
Continue reading “Unusual Options Activity – Occidental Petroleum Corporation (OXY)”