Today some institution/fund purchased 11,098 contracts of June $16 strike calls (or the right to buy 1,109,800 shares of Teva Pharmaceutical Industries Limited (TEVA) at $16).  The open interest was just 655 prior to this purchase. Continue reading “Unusual Options Activity – Teva Pharmaceutical Industries Limited (TEVA)”
Hedge Fund Tips (PCN) – Position Completion Notification
AAII Sentiment Supplement (85.7% recent accuracy)
As a supplement to this morning’s commentary on this week’s AAII Sentiment Survey results:
I pulled together this chart (above) that shows its recent efficacy as a barometer for short term turning points. Continue reading “AAII Sentiment Supplement (85.7% recent accuracy)”
Insider Buying – CenturyLink, Inc. (CTL)
On March 6, 2019, Jeffrey Storey – President & CEO of CenturyLink, Inc. (CTL) – purchased 83,000 shares of CTL at ~$11.94. His out of pocket cost was $991,261. On the same day, the CFO bought $587,500 of stock.
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Hedge Fund Tips (PCN) – Position Completion Notification
AAII Sentiment Coming Down (Update): What’s Next?
Last week we warned that AAII sentiment was getting extreme with Bullishness above 40% and Bearishness collapsing to 20%. This week we are seeing the Bullishness start to come down and Bearishness start to rise as Continue reading “AAII Sentiment Coming Down (Update): What’s Next?”
Hedge Fund Tips (PCN) – Position Completion Notification
Be in the know. 5 key reads for Thursday…
- Hedge Fund and Insider Trading News: John Paulson, Kyle Bass, Tom Steyer, Wayfair Inc (W), Wyndham Destinations Inc (WYND), and More (Insider Monkey)
- Warren Buffett’s investing strategy helped one man turn $1,000 into $2 million (CNBC)
- Euro sinks as ECB’s Draghi slashes growth forecasts and announces cheap loans for banks (CNBC)
- COLUMN-Fed’s next move more likely to be a cut in interest rates: Kemp (Reuters)
- Top Wall Street Strategist Turns Positive on 4 Leading Materials Stocks (24/7 Wall Street)
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NYSI FINALLY FLIPS – What’s Next?
On March 2 (this past weekend), we posted about the NYSI Oscillator + Parabolic SAR. We said that while the black line had turned to red, we were still waiting on the Parabolic SAR dots to flip for confirmation. Today they Continue reading “NYSI FINALLY FLIPS – What’s Next?”