Shares of General Electric (GE) have spent the better part of 2016 trading in a fairly tight range between $28 and $32, now approaching the upper end: To my eye, a rejection at $32 and …
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In case you missed it, Halliburton (HAL) is abandoning their $28 billion take-over offer for competitor Baker Hughes (BHI), when Crude oil was 40% higher near $75. It’s interesting that BHI is basically trading at the levels where it …
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Back on February 27th there was a massive long dated bullish print in GE options. We highlighted the trade and offered an alternative bullish options trade for those whose trading is inspired by unusual options activity. Here was …
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With today’s rally, the S&P 500 index is now down only about 1% for the month of October. That’s quite incredible considering that the index was down more than 7% for the month just last …
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Bloomberg New housing construction rose in August, boosted by the strongest pace of single-family home starts in more than two years that shows an improving U.S. real estate market. Beginning construction climbed 2.3 percent to …
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Marketwatch Construction on new U.S. homes rose 2.6% in April to an annual rate of 717,000 units, while permits fell 7% to 715,000 one month after reaching a nearly four-year high, the government reported Wednesday. …
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