Today some institution/fund purchased 12,461 contracts of July 16 strike calls (or the right to buy 1,246,100 shares of CenturyLink, Inc. (CTL) at $16). The open interest was just 4,634 prior to this purchase.
Insider Buying
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Earnings Update
Source (above): Factset
Howard Silverblatt, Senior Index Analyst, Index Investment Strategy, for S&P Dow Jones Indices at S&P Global has taken DOWN 2019 EPS from $175.78 on November 7, 2018 to $167.64 in the last couple of weeks. At an S&P500 Continue reading “Earnings Update”
IBD 50 Growth Index (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the top 30 weighted stocks in the IBD 50 Growth Index (ETF: FFTY) [That are not included in our Dow+8, Nasdaq, and Russell spreadsheets in earlier posts]. I Continue reading “IBD 50 Growth Index (top 30 weights) Earnings Estimates/Revisions”
Be in the know. 8 key reads for Friday…
- The 10 Best-Paid Hedge Fund Managers Made $7.7 Billion in 2018 (Bloomberg)
- Apple’s stock is falling after Warren Buffett’s Berkshire Hathaway trimmed its stake (Business Insider)
- The 12 wealthiest presidents in US history (USA Today)
- Zoetis Stock Gains Because People Keep Spending on Their Pets (Barron’s)
- Fed Officials Near Plan to Finish Portfolio Wind-Down (Wall Street Journal)
- U.S. Dollar to Fall in Medium-to-Long-Term says Kyle Bass (Pound Sterling)
- Charlie Munger says California, Connecticut have been ‘stupid’ for driving rich people away (CNBC)
- Hedge Funds From Appaloosa to Third Point Slash Stocks: 13F Wrap (Bloomberg)
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Unusual Options Activity
Today some institution/fund purchased 6,500 contracts of January 2020 50 strike calls (or the right to buy 650,000 shares of Anadarko Petroleum Corp. at $50). The open interest was just 414 prior to this purchase. Continue reading “Unusual Options Activity”
