Posts Tagged ‘BC’

Traders Build Up Bullish Positions on IBM Corp.

 Today’s tickers: IBM, CHSI, TCB & BC

IBM - International Business Machines Corp. – Bulls positioning for shares in IBM to extend gains flocked to the options market today, populating weekly as well as longer-dated expiries with signs of optimism. Shares in the computer services company increased as much as 3.35% during the session to secure an intraday- and new all-time high of $167.72. The stock jumped after a number of analysts raised their share price targets in the aftermath of IBM’s analyst meeting on Tuesday. Investors expecting the uptrend to continue at least through the end of this week purchased March $165 and $170 strike calls, and sold nearly 2,000 of the March $165 strike puts in the weekly contract set to expire on Friday. Bullish sentiment spread to the March contract call options set to expire on the 18th of this month, with investors buying around 2,000 in-the-money calls at the March $165 strike for an average premium of $2.60 each. Call volume is greatest at the higher March $170 strike where more than 9,950 calls changed hands on open interest of 5,480 contracts. It looks like the majority of the calls were purchased for an average premium of $0.62 apiece. Investors long the higher-strike calls are poised to profit should shares in IBM rally another 1.7% to surpass the average breakeven price of $170.62 by expiration day. IBM is scheduled to report first-quarter earnings after the market closes for the day on April 18, 2011.

CHSI - Catalyst Health Solutions, Inc. – Options on the full-service pharmacy benefit management (PBM) company are active today on news it agreed to purchase Walgreen Company’s PBM business for $525 million. Shares in Catalyst Health Solutions jumped 18.3% during the session to hit an intraday and all-time high of $52.69. One options player appears to have nearly doubled his money in the span of three weeks by taking profits on a bullish stance initiated back on February 16, 2011, when shares in CHSI closed at $45.65. It…
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Phil's Favorites

"I'll buy on the next pullback"

 

“I’ll buy on the next pullback”

Courtesy of 

There are countless people out there who told themselves they were going to buy Bitcoin the next time they got the opportunity to do so at lower prices. I can’t prove this, but I’d bet good money that most of them aren’t doing what they said they were going to do.

If you were too scared to buy on the way up, you’re definitely going to be too scared to buy on the way down. 

It’s funny how people tell themselves, “I’ll buy on the next pullback,” without considering the news that drives prices lower will ...



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Digital Currencies

"I'll buy on the next pullback"

 

“I’ll buy on the next pullback”

Courtesy of 

There are countless people out there who told themselves they were going to buy Bitcoin the next time they got the opportunity to do so at lower prices. I can’t prove this, but I’d bet good money that most of them aren’t doing what they said they were going to do.

If you were too scared to buy on the way up, you’re definitely going to be too scared to buy on the way down. 

It’s funny how people tell themselves, “I’ll buy on the next pullback,” without considering the news that drives prices lower will ...



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Biotech/COVID-19

World's worst pandemic leaders: 5 presidents and prime ministers who badly mishandled COVID-19

 

World's worst pandemic leaders: 5 presidents and prime ministers who badly mishandled COVID-19

Belarus President Alexander Lukashenko visits a hospital for COVID-19 patients, unmasked, in Minsk on Nov. 27, 2020. Andrei Stasevich\TASS via Getty Images

By Sumit Ganguly, Indiana University; Dorothy Chin, University of California, Los Angeles; ...



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Zero Hedge

WTI Extends JCPOA Whipsaw Losses After Small Crude Build

Courtesy of ZeroHedge View original post here.

A volatile in the energy complex as Iran nuke deal headlines (first optimism, then pessimism) sparked a dump-n-pump in crude prices (after Brent tagged $70 earlier in the day).

“I said that significant progress have been achieved, in my view,” Ulyanov said in the tweet.

“That is true. But unresolved issues still remain and the negotiators need more time and efforts to finalise an agreement on restoration of JCPOA.”

A return to the 2015 nuclear deal could allow for the remova...



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Politics

As the Palestinian minority takes to the streets, Israel is having its own Black Lives Matter moment

 

As the Palestinian minority takes to the streets, Israel is having its own Black Lives Matter moment

Israeli-arabs gesture and wave Palestinian flags at Israelis in a Jewish community building, during renewed riots in the city of Lod on May 11. Oren Ziv/picture alliance via Getty Images

Courtesy of James L. Gelvin, University of California, Los Angeles

The images and reports coming from Israel, Jerusale...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Sunday, 22 November 2020, 05:47:49 PM

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Comment: Bitcoin ambitions ...



Date Found: Sunday, 22 November 2020, 05:48:34 PM

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Comment: PMI juiced back up ...



Date Found: Sunday, 22 November 2020, 05:49:42 PM
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ValueWalk

Managing Investments As A Charity Or Nonprofit

By Anna Peel. Originally published at ValueWalk.

Maintaining financial viability is a constant challenge for charities and nonprofit organizations.

Q4 2020 hedge fund letters, conferences and more

The past year has underscored that challenge. The pandemic has not just affected investment returns – it’s also had serious implications for charitable activities and the ability to fundraise. For some organizations, it’s even raised doubts about whether they can continue to operate.

Finding ways to generate long-term, sustainable returns for ...



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Kimble Charting Solutions

Will Historic Selloff In Treasury Bonds Turn Into Opportunity?

Courtesy of Chris Kimble

Long-dated treasury bonds have been crushed over the past year, sending ETFs like TLT (20+ Year US Treasury Bond ETF) spiraling over 20%.

Improving economy? Inflation concerns? Perhaps a combination of both… interest rates have risen sharply and thus bond prices have fallen in historic fashion.

Today’s chart looks at $TLT over the past 20 years. As you can see, the recent decline has truly been historic. $TLT’s price has swung from historically overbought highs to oversold lows.

At present, the long-dated bond ETF ($TLT) is trading 7.8% below its 200-...



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Mapping The Market

Suez Canal: Critical Waterway Comes to a Halt

 

Suez Canal: Critical Waterway Comes to a Halt

Courtesy of Marcus Lu, Visual Capitalist

The Suez Canal: A Critical Waterway Comes to a Halt

On March 23, 2021, a massive ship named Ever Given became lodged in the Suez Canal, completely blocking traffic in both directions. According to the Suez Canal Authority, the 1,312 foot long (400 m) container ship ran aground during a sandstorm that caused low visibility, impacting the ship’s navigation. The vessel is owned by Taiwanese shipping firm, Evergreen Marine.

With over 2...



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Promotions

Phil's Stock World's Weekly Webinar - March 10, 2021

Don't miss our latest weekly webinar! 

Join us at PSW for LIVE Webinars every Wednesday afternoon at 1:00 PM EST.

Phil's Stock World's Weekly Webinar – March 10, 2021

 

Major Topics:

00:00:01 - EIA Petroleum Status Report
00:04:42 - Crude Oil WTI
00:12:52 - COVID-19 Update
00:22:08 - Bonds and Borrowed Funds | S&P 500
00:45:28 - COVID-19 Vaccination
00:48:32 - Trading Techniques
00:50:34 - PBR
00:50:43 - LYG
00:50:48 - More Trading Techniques
00:52:59 - Chinese Hacks Microsoft's E...



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The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



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Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

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Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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