On May 7, 2019, John Lowe – Director of Apache Corporation (APA) – purchased 5,000 shares of APA at $30.25. His out of pocket cost was $151,250.
Be in the know. 8 key reads for Wednesday…
- Hedge Fund and Insider Trading News: David Einhorn, Warren Buffet, Elliot Management, Tesla Inc (TSLA), Annaly Capital Management (NLY), and More (Insider Monkey)
- SAP CEO welcomes ‘fantastic’ activist shareholder Elliott (Reuters)
- An Old Tax Dodge for the Wealthy Is Making a Comeback (Barron’s)
- Real Estate’s Latest Bid: Zillow Wants to Buy Your House (New York Times)
- China Defaults Hit Record in 2018. 2019 Pace Is Triple That (Bloomberg)
- ‘Smart Beta’ Might Not Be So Smart After All (Bloomberg)
- Why Amazon Is Gobbling Up Failed Malls (Wall Street Journal)
- Exclusive: China backtracked on nearly all aspects of U.S. trade deal – sources (Reuters)
Unusual Options Activity – 3M Company (MMM)
Today some institution/fund purchased 19,619 contracts of July $200 strike calls (or the right to buy 1,961,900 shares of 3M Company (MMM) at $200). The open interest was just 1,926 prior to this purchase. Continue reading “Unusual Options Activity – 3M Company (MMM)”
Industrials (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Industrials Sector ETF (XLI) top 30 weighted stocks. The column under the date 5/7/2019 has a letter that represents the movement in 2019 earnings Continue reading “Industrials (top 30 weights) Earnings Estimates/Revisions”
Where is money flowing today?
Insider Buying in Genesis Energy, L.P. (GEL)
European Earnings Get “Less Bad”…
While the US has a decent shot at finishing the earnings season flat to slightly positive and avoiding an “earnings recession” as results have improved in recent weeks, the same is not true for Europe. Continue reading “European Earnings Get “Less Bad”…”
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 7 key reads for Tuesday…
- From Gundlach to Sundheim: Sohn Conference’s 2019 Trade Ideas (Bloomberg)
- China vice premier going to U.S. for trade talks despite Trump threats (Reuters)
- The Federal Reserve’s Misstep and How to Bet on It, According to Bond King Jeffrey Gundlach (Barron’s)
- Federal Reserve Warns as Risky Corporate Debt Exceeds Peak Crisis Level (New York Times)
- Walmart is opening dozens of veterinary clinics in its stores and launching an online pet pharmacy ()
- German manufacturing orders miss forecasts (MarketWatch)
- Humana (HUM) is Prepared to Explore Friendly Takeover of Centene (CNC) – Sources (StreetInsider)
