Posts Tagged ‘NWSA’

World Record Wednesday – S&P Ironically Makes 1984

SPY 5 MINUTE1984!  

As I pointed out in our Member Chat Room this morning, there is a Bloomberg article this morning on the CPI report that says:

The cost of living in the U.S. rose at a slower pace in June and home sales climbed to an eight-month high, showing the economy is generating little price pressure as growth accelerates.

But growth is NOT accelerating, is it?  We JUST had a GDP report that showed exactly the opposite, yet here we have a noted MSM publication simply ignoring that FACT:

How do people read these things and just accept them?  How do authors write them?  How do editors OK them?  Not even the commenters seem to catch it – it's like the whole World just accepts the BS of the moment.  

This is what Orwell predicted it would be like in a future where the media became electronic and the past was instantly forgotten by a population that was unable to think for itself.  

It took them 30 more years than planned, but here we are!  

"And if all others accepted the lie which the Party imposed -if all records told the same tale — then the lie passed into history and became truth. 'Who controls the past,' ran the Party slogan, 'controls the future: who controls the present controls the past.' And yet the past, though of its nature alterable, never had been altered. Whatever was true now was true from everlasting to everlasting. It was quite simple. All that was needed was an unending series of victories over your own memory. 'Reality control', they called it: in Newspeak, 'doublethink'.

"The past, he reflected, had not merely been altered, it had been actually destroyed. For how could you establish even


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News Corp Options Active After Earnings

 

Today’s tickers: NWSA, IYR & CTRP

NWSA - News Corporation – Trading traffic in News Corp call options in the early going on Thursday indicate some traders are positioning for the price of the underlying to continue marching to fresh record highs in the near term. The stock today increased as much as 6.8%, hitting a new all-time high of $34.04 after the global media company reported third-quarter net income that topped average analyst estimates. Traders looking for the up-trend to extend into next week snapped up front month calls, picking up around 200 calls at the May $34 strike at a premium of $0.25 each, and buying roughly 500 calls at the May $35 strike for an average premium of $0.15 per contract. Call buyers stand ready to profit at expiration next week should shares in News Corp rally another 3.8% and 6.5% over the current price of $33.00 to surpass average breakeven points at $34.25 and $35.15, respectively. Shares in News Corp, which plans to split into two companies, are up roughly 65% since this time last year.

IYR - iShares Dow Jones U.S. Real Estate Index ETF – Shares in the IYR, an ETF that provides exposure to U.S. real estate stocks and REITs, slipped 0.40% today to $73.90, after earlier this week trading up to a record high of $74.31 on the heels of a more than 15% rally since this time last year. The fund popped up on our ‘most active by options volume’ market scanner during the first half hour of the session following a large trade in the June expiry put options. It looks like one strategist purchased a block of 25,000 puts at the Jun $72 strike for a premium of $0.55 apiece. The trade makes money if shares in the IYR decline more than 3.0% from the current level to trade below the effective breakeven price of $71.45 by June expiration. The Jun $72 strike puts were active last week as well, with roughly 10,000 contracts purchased last Wednesday…
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Weekly Calls Prescribe Further Gains In Pfizer Shares

 

Today’s tickers: PFE, NWSA & CHS

PFE - Pfizer, Inc. – Weekly options changing hands on drug maker, Pfizer, Inc., in the early going on Thursday are looking for shares to potentially extend their move to the upside next week. Shares in PFE are up 2.3% this morning, trading at a new five-year high of $27.28 ahead of the company’s fourth-quarter earnings report on Tuesday. Traders positioning for Pfizer’s shares to rally during the next six trading sessions snapped up around 500 in-the-money calls at the Feb. 01 ’13 $27 strike for an average premium of $0.29 apiece. Upside call volume is more substantial at the higher Feb. 01 ’13 $27.5 strike, where some 3,100 contracts are in play against zero open positions. Most of the $27.5 strike weekly calls appear to have been purchased for an average premium of $0.09 each, thus positioning buyers to profit at expiration next week should the price of the underlying rise another 1.1% to top the average breakeven point at $27.59.

NWSA - News Corp. – A large one-by-two ratio call spread initiated on News Corp. this morning suggests the stock may see limited, albeit substantial, gains during the next six months. Shares in New Corp., roughly flat on the session to stand at $27.38 as of 11:55 a.m. ET, have increased more than 45% since this time last year to trade near their highest level in more than a decade. The single-largest transaction in NWSA options today combines the purchase of 6,250 calls at the July $28 strike for a premium of $1.40 each, with the sale of 12,500 calls at the July $30 strike at a premium of $0.55 apiece. Net premium paid to establish the sizable spread amounts to $0.30 per contract. The bullish position makes money if shares in NWSA rally 3.4% over the current price of $27.38 to surpass the effective breakeven point at $28.30, with maximum potential profits of $1.70 per contract available should the price of the underlying rise 9.6% to settle at $30.00 at July expiration.…
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Hewlett-Packard Options Point To Possible Rebound

 

Today’s tickers: HPQ, NWSA & RRC

HPQ - Hewlett-Packard Co. – Bullish trading in Hewlett-Packard options this morning suggests some traders are positioning for a rebound in battered shares of the tech giant. The stock snapped a four-day losing streak on Tuesday, rallying 2.1% to $21.50 by midday in New York, following the better-than-expected ISM non-manufacturing index report this morning. Shares in HPQ have lost nearly 30.0% of their value since mid-February. Traders picking up in-the-money calls in the July expiry are prepared to benefit should shares in Hewlett continue to recover during the next six weeks. More than 11,500 calls have changed hands at the July $21 strike against open interest of 3,028 positions. It looks like most of the contracts were purchased for an average premium of $1.36 apiece, thus positioning buyers to profit at expiration should HPQ’s shares rally another 4.0% to surpass the average breakeven point at $22.36.

NWSA - News Corp. – A sizable trade in News Corp. call options today appears to be a bet against any significant rally in shares of the international media company during the next eight trading sessions. The stock is currently flat on the day at $18.59 as of 12:15 p.m. ET. News Corp. popped up on our ‘hot by options volume’ market scanner this morning after some 8,295 June $19 strike calls were sold at a premium of $0.20 apiece. The strategy results in maximum possible profits of $0.20 per contract should the options expire worthless next week. Naked short calls leave the seller vulnerable to unlimited losses to the upside in the event of a rally in the price of the underlying above the effective breakeven price of $19.20, however, it’s possible the strategist is long the stock and selling covered rather than uncovered calls against the position. Shares in News Corp. have declined 10.2% in the past four weeks, but need only rally 3.3% over the current price of $18.59 to…
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News Corp. Options Predict Pie In The Face For Bears

Today’s tickers: NWSA, OIH, FRX & NVLS

NWSA - News Corp. – The phone hacking scandal that dragged Rupert Murdoch’s media empire through the mud won’t stifle shares in News Corp. forever, by the looks of one massive transaction in long-dated call options this morning. Shares in NWSA dropped more than 25.0% to as low as $13.38 in the weeks following well-publicized allegations that News of the World hacked murder victim Milly Dowler’s mobile phone. Efforts by Murdoch & Murdoch to apologize for actions they said occurred without their knowledge at the company’s tabloid, as well as other steps taken recently to soothe investor concerns, helped shares in NWSA recover in August. The stock still stands roughly 14.0% off its highest point in July, after slipping 1.3% during today’s session to $15.98 as of 12:00 pm in New York.

Huge prints in January 2013 contract call options on the media company within 30 minutes of the opening bell today suggests one big player sees shares in News Corp. not only recovering over the next year and a half, but also possibly rising to their highest since 2000. Just before 10:00 am ET, a QCC order to buy a 50,000-lot Jan. 2013 $20/$25 call spread at a net premium of $0.90 per contract was entered at the PHLX. The QCC order, which allows valid and executable orders to immediately cross upon arrival with no auction, protects the anonymity of the trader and involves a stock component executed away from the Exchange on which the options were crossed. It is unclear what the stock component is at this time, but it’s worth noting that such knowledge could alter one’s interpretation of the transaction. Keeping that disclaimer in mind, it appears the call spread is looking for shares in News Corp. to…
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News Corp. Calls Active As Murdoch & Murdoch Meet With U.K. Lawmakers

Today’s tickers: NWSA, WFC, TGT & MAS

NWSA - News Corp. – The hours of testimony provided by Rupert and James Murdoch to U.K. lawmakers today had a positive effect on shares in News Corp., which increased 5.8% to $15.84 after the questioning ended. The phone-hacking scandal had pushed shares in the diversified global media company down roughly 18.0% in the past couple of weeks to as low as $14.76 on Monday. The future is bright for shares in News Corp. according to some optimists dabbling in January 2012 contract call options today. Calls on NWSA are far more active than puts, with investors exchanging more than 3.5 calls on the stock for each single put option. Volume is heaviest at the Jan. 2012 $16 strike where upwards of 16,200 call options changed hands against open interest of 3,679 contracts. It looks like the vast majority of these calls were purchased for an average premium of $1.46 a-pop. Call buyers profit if shares in News Corp. rally another 10.2% over today’s high of $15.84 to surpass the average breakeven point at $17.46 by expiration day next year. Trading in the Jan. 2012 $19 strike is congested, as well. Around 10,500 calls have traded at that strike so far today, with some 4,000 contracts purchased for an average premium of $0.48 apiece, and another 5,500 trading to the middle of the market. Open interest in the Jan. 2012 $19 strike call is sufficient to cover volume generated at that strike today, which may mean buyers are closing rather than opening positions. Nearly 40,000 option contracts have changed hands on the media company as of 1:15 pm in New York.

WFC - Wells Fargo & Co. – Record profits reported by San Francisco, CA-based Wells Fargo this morning pushed shares in the financial…
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Zero Hedge

Google Launches Checking Accounts In Big Tech's Latest Move On Wall Street

Courtesy of ZeroHedge View original post here.

Move over, Apple.

At a time when customers (including the company's co-founder Steve Wozniak) have been non-stop complaining on Twitter about the Apple credit card (brought to you via a partnership with Goldman Sachs), Google has decided that now is the time to make its big leap into the consumer finance business.

According to ...



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Phil's Favorites

The transition from fossils to renewables and its impact on consumer prices

 

The transition from fossils to renewables and its impact on consumer prices

Renewable energy technologies will in the next two years be competitive on price with fossil fuels. Shutterstock

Courtesy of Roula Inglesi-Lotz, University of Pretoria and George Alex Thopil, University of Pretoria

The transition from fossil fuels to cleaner energies is a global pursuit. But it’s faster and more intensive in some countries than others. Take the case of South Africa. Heavily dependent on coal, the country is ...



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The Technical Traders

Welcome to the Zombie-land Of Investing - Part II

Courtesy of Technical Traders

In Part I of this research post, we highlight how the ES and Gold reacted 24+ months prior to the 2007-08 market peak and subsequent collapse in 2008-09.  The point we were trying to push out to our followers was that the current US stock market indexes are acting in a very similar formation within a very mature uptrend cycle.

We ended Part I with this chart, below, comparing 2006-08 with 2018-19.  Our intent was to highlight the new price hig...



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Kimble Charting Solutions

Bank Breakout Of Financial Crisis Highs or Double Topping Again?

Courtesy of Chris Kimble

If the saying “So Goes The Banks, So Goes The Broad Market” is true, banks are facing a critical breakout/resistance test in my opinion.

This chart looks at Financials ETF (XLF) over the past 12-years. This chart reflects that a double top took place prior to the financial crisis getting started.

XLF has remained inside of rising channel (1) since the lows in 2012. It hit double resistance at (2), then it declined nearly 25%.

The decline then tested rising support at (3) and a strong rally has followed. The rally now has XL...



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Insider Scoop

Barrington Downgrades Fluent After Earnings Miss, Stock Drop

Courtesy of Benzinga

Fluent Inc (NASDAQ: FLNT) fell short of top- and bottom-line third-quarter estimates. Some suspect the missed metrics herald longer-term underperformance.

The Rating

Barrington Research analysts James Goss and Patrick Sholl downgraded Fluent to Market Perform but maintained a $5 price target....



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Digital Currencies

3 Reasons Why One Trader Didn't "Manipulate" Bitcoin Price To $20K

Courtesy of ZeroHedge View original post here.

Authored by William Suberg via CoinTelegraph.com,

Bitcoin price highs in 2017 were not the result of a single trader on an exchange, the CEO of payment company Circle claims. In a series of tweets on Nov. 4, Jeremy Allaire disputed ...



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Chart School

Gold Gann and Cycle Review

Courtesy of Read the Ticker

Gold has performed well, golden skies are here again. In fact it has been a straight line move, and this is typically unusual and a pause can be expected.

It seems the markets are happy again, new highs in the SP500, US 10 year interest rates look to re bound, negative interest may soften. The US FED has reversed their QT and now doing $250BN (not QE) repo. The main point is the FED has stopped QT, and will do QE forever. The evidence now is the FED put is under market risk and the possibility of excessive losses do not exist. 

Point: If in future if there is market risk, the FED will print it's way out of it.
Subject To: In this blog view. The above is so until the amount required rocks confidence in the US dollar as a reserve currency.&n...



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Lee's Free Thinking

Today's Fed POMO TOMO FOMC Alphabet Soup Unspin

Courtesy of Lee Adler

But make no mistake, if the Fed wants money rates to stay down by another quarter, it will need to imagineer even more money.

That’s on top of the $281 billion it has already imagineered into existence since addressing its “one-off” repo market emergency on September 17. This came via  “Temporary” Repo Man Operations money, and $70.6 billion in Permanent Open Market Operations (POMO) money.

By my calculations that averages out to $7.4 billion per business day. That works out to a monthly pace of $155 billion or so.

If they keep this up, it will be more than enough to absorb every penny of new Treasury supply. That supply had caused the system to run out of money in mid September.  This flood of paper had been inundati...



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Biotech

The Big Pharma Takeover of Medical Cannabis

Reminder: We are available to chat with Members, comments are found below each post.

 

The Big Pharma Takeover of Medical Cannabis

Courtesy of  , Visual Capitalist

The Big Pharma Takeover of Medical Cannabis

As evidence of cannabis’ many benefits mounts, so does the interest from the global pharmaceutical industry, known as Big Pharma. The entrance of such behemoths will radically transform the cannabis industry—once heavily stigmatized, it is now a potentially game-changing source of growth for countless co...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

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About Phil:

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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