Thanks to Medha Singh for including me in her article on Reuters today. You can find it here:
Wall Street scales new highs as China moves to limit coronavirus impact
Thanks to Medha Singh for including me in her article on Reuters today. You can find it here:
Wall Street scales new highs as China moves to limit coronavirus impact
In the past week, sentiment on the Energy Sector has sunk to an all-time low (despite having the highest estimated earnings growth of any sector – for 2020). Several prominent market figures have even called for the end of the sector.
Mark Twain once said, “Reports of my death have been greatly exaggerated.”
Continue reading “The end of oil, or just the beginning? (and Sentiment Results)”
Data Source: barchart
Today some institution/fund purchased 626 contracts of Jan 2022 $2 strike calls (or the right to buy 62,600 shares of Southwestern Energy Company (SWN) at $2). The open interest was just 311 prior to this purchase. Continue reading “Unusual Options Activity – Southwestern Energy Company (SWN)”
On February 3, 2020, Jonathan Steinberg – CEO of WisdomTree Investments, Inc. (WETF) – purchased 177,099 shares of WETF at $4.26. His out of pocket cost was $754,017.
Data Source: Finviz
In the spreadsheet above I have tracked the earnings estimates for the Exploration & Production Sector (XOP). I have columns for what the 2020 estimates were: 12/4/2019 and today. Continue reading “Exploration & Production Sector (XOP) – Earnings Estimates/Revisions”