For this week's trade, we're buying a $CVX October 180/200 Bull Call Spread for approximately $6.50 here. This means we're long the 180 calls and short an equal amount of the 200 calls for a net debit.
Key Takeaway: Fear and concern are at the tip of every investor's tongue, yet their eyes remain on the market. For all the pessimism suggested by sentiment surveys, there’s still...
Back on February 2nd, we initiated a long-term bullish bet in Chevron $CVX January 2024 150-strike calls. You can read all about our thinking at the time here. In short, we were...
Yesterday, Nelson Peltz’s Trian Fund Management filed a 13D revealing the purchase of an additional 16 million shares of the fast food chain, Wendy's $WEN.
This brings Trian’s total interest to just shy of 20%.
They are cracks more than crevices at this point, but the fissures are there. And they are becoming more widespread. Signs of financial (and economic) stress are on...
The largest insider transaction on today’s list is a Form 4 filing by Winder Investment, which reported an additional $1.8 million purchase in Sensient Technologies $SXT.
The firm now owns more than 6 million shares, representing a 12.4%...
We retired our "Five Bull Market Barometers" in 2020 to make room for a new weekly post that's focused on the three most important charts for the week ahead.
If you joined JC and the guys on our live twitter spaces session today, towards the end you heard me venting my current frustration in finding good opportunities to make directional bets in either direction right now. It's tough sticking our neck out...