Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Humana Inc. (Symbol: HUM), where a total volume of 2,960 contracts has been traded thus far today, a contract volume which is representative of approximately 29 Source: Industry Insights
Notable ETF Inflow Detected – IXC, PSX, SLB, MPC
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Global Energy ETF (Symbol: IXC) where we have detected an approximate $186.0 million dollar inflow — that’s a 22.0% increase week over wee Source: Industry Insights
September 4th Options Now Available For Marathon Petroleum Corp.
Investors in Marathon Petroleum Corp. (Symbol: MPC) saw new options begin trading today, for the September 4th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MPC options chain for the new September 4th contracts and identified one put Source: Industry Insights
Gas Stations and Private Equity Line Up to Bid for Speedway
Marathon Petroleum (NYSE: MPC) has spread its network of 3,900 “Speedway” gas stations and convenience stores across 36 states in the union. Now, Marathon is gearing up to sell the whole kit and caboodle — and bidders are getting in line. Source: Industry Insights
Energy Sector Update for 07/22/2020: MPC,TELL,BKR,SLB
Energy stocks closed sharply lower this afternoon, with the NYSE Energy Sector Index falling 1.2% while the SPDR Energy Select Sector ETF XLE also was down 1.2%. Source: Industry Insights
Seven & i, Couche-Tard, TDR to make offers for Speedway this week-sources
Canadian convenience store operator Alimentation Couche-Tard Inc, Japanese peer Seven & i Holdings Co and private equity firm TDR Capital are preparing to submit rival bids this week for Marathon Petroleum Corp’s gas station network Speedway, according to people familiar with the matter. Source: Industry Insights
Delivery of Crude Oil From Bakken Shale at Risk From Pipeline Shutdown Orders
Earlier this month, a U.S. district court judge ordered the Dakota Access Pipeline temporarily shut down and drained by Aug. 5, when a federal judge found that the U.S. Army Corps of Engineers violated the National Environmental Policy Act. But the pipeline operator, Energy Tran Source: Industry Insights
XOP, CLR, PE, MPC: ETF Inflow Alert
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Oil & Gas Exploration & Production ETF (Symbol: XOP) where we have detected an approximate $101.2 million dollar inflow Source: Industry Insights
3 “Strong Buy” Dividend Stocks With Payouts Over 5%
Out on the Street, focus has landed squarely on a new stimulus package that may be announced as soon as next week. Congress is working on another COVID-19 aid package on top of the $3 trillion already pumped into the economy to mitigate the pandemic’s negative impact, but investors are wondering how the government is […]
Stock Market Rally Loses Energy as Dow, S&P Drop on Falling Oil
Thursday wasn’t a good day for the stock market, although there were some pockets of strength in an otherwise gloomy session. The Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) were significantly lower, with the Dow losing more than 360 points. Source: Industry Insights