The Perfect Trading Strategy for Today’s Markets

America to Legalize Weed in 2020 Something just happened in the marijuana industry that flew largely under the radar. Yet, the implications are earth-shattering - both for the pot market as a whole and for investors who take notice early. You see, just a few weeks ago, the largest cannabis company in the world entered into a multi-billion dollar deal with a well-known American cannabis firm. Of course, deals like this happen all the time in big business. But this one was different… Because this deal is set to take effect only after the U.S. federal government repeals ...
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Insider Activity: Unit Corp (UNT)

  Director adds to stake of energy exploration company. On Wednesday, director Bailey Peyton picked up another 3,000 shares of Unit Corp (UNT), where he serves as a director. The stake cost $21,900 and increased his shares take to 74,652, an increase of 4.2 percent. This follows on buys made back in May by Peyton, as well as two other directors, at prices ranging from 28 to 38 percent higher than today. Unit Corporation engages in the exploration, acquisition, development and production of natural gas and oil properties in the United States, largely in Oklahoma and Texas, as well as other resource-rich states. It ...
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Netflix Shares Drop Over 10 Percent as Subscriber Count Misses

Media giant misses on key metric for investors. On Wednesday after the close, Netflix (NFLX) reported solid earnings. Revenue grew by 26 percent to $4.92 billion. The company’s operating margin rose 250 basis points to 14.3 percent. However, the company only grew subscribers by 2.7 million. With an expectation of 5 million, the market saw slower subscriber rates as a potential danger for the company’s performance going forward, and shares dropped over 10 percent as a result. The earnings come after the company reported its biggest numbers yet for views of programs such as the Adam Sandler movie Murder Mystery and the newest ...
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Unusual Options Activity: Cloudera, Inc (CLDR)

Bet on shares heading higher. Shares of Cloudera (CLDR) may be heading higher between now and February, based on a surge of the $5 call options there. On Thursday, over 8,200 of the calls traded against a prior open interest of 123—a 67-fold surge in volume. With shares trading at $5.50, the options are also about 10 percent in-the-money, meaning they should move penny-for-penny, less the decline in the time premium. Cloudera provides data analytic and management products, operating both a subscription and service-based systems. It provides data and storage solutions for private cloud systems, as well as services to collect and analyze ...
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Philadelphia Fed Survey Jumps to Highest in a Decade

Major surge in manufacturing outlook. On Thursday, the latest regional survey from the Philadelphia Federal Reserve Bank, revealed a rise of 5.0 points to 21.8, a massive shift from the 0.3 read June. This is the biggest month-over-month jump since June 2009, as the economy was hitting the bottom of the Great Recession. Nearly just about every read on the survey showed a gain, including the highest rate of manufacturing employment for the history of the survey. Specifically, paid prices rose, new orders rose, shipments rose, and delivery times fell on average. Outlook for future activity and capex rose as well. One dark ...
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Unusual Options Activity: Facebook (FB)

  Bet on surge in shares by September. Shares of Facebook (FB) may be heading higher—almost 50 percent higher, based on one unusual trade. On Wednesday, over 14,000 of the September 2019 $290 call options on the company traded. With shares at $202, shares would need to rise by 45 percent for them to trade in-the-money in the next 64 days before expiration. With a trade at $0.04, or a mere $4 per contract, any move higher in Facebook shares between now and September could lead to a huge percentage move in the contract. However, if shares fail to hit $290, the option will ...
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Building Permits See Biggest Decline in Three Years

Data suggests economy starting to slow. On Wednesday, data released on building permits showed the largest decline in three years. Housing Starts dropped 0.9 percent month-over-month, worse than the 0.7 percent expected drop. Building permits, however, faced a huge 6.1 percent month-over-month drop, the worst since March 2016. This is the sixth month in a row with declining levels of building permits, and suggests economic trouble ahead. Building permits are a leading indicator on future real estate and construction activity, as permits are needed before any work can begin. It’s a sign of a moderate-to-long-term commitment. While most economists expected a drop, the size ...
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Insider Activity: Century Bancorp (CNBKA)

Major owner increases stake in regional bank. On Tuesday, James Filler bought just over 2,500 shares of Century Bancorp (CNBKA). He already owns more than 10 percent of shares. The buy, with a total purchase price of $219,000, increases his total position to 702,919 shares, and represents a 0.36 percent increase in his total holdings. Like many other insiders in recent days, Filler sees solid opportunities in companies where he already has a large stake. Century Bancorp is a bank holding company for Century Bank and Trust Company, a provider of banking products and services. The bank offers traditional savings and checking accounts, ...
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