1.This ETF is Telling America Where Wall Street Thinks Repatriation and Tax Cut Dollars Will Flow.
PKW-Stock Buyback ETF Spikes on Huge Volume…Will all the corporate tax cuts go to buybacks and dividends?
Category Archives: Daily Top Ten
Topley’s Top Ten – January 15, 2018
Topley’s Top Ten – January 11, 2018 (Short Version)
1.Eastman Kodak Becomes Blockchain Company and Spikes 200%.
Kodak Soars as It Joins Cryptocurrency Craze
Shares of Eastman Kodak Co. KODK were rising 64% in premarket trading on Wednesday following a jump of 119% in the previous session after the photo company said it would shift its focus toward blockchain technology and enter the world of initial coin offerings.
Kodak said Tuesday it would launch its own form of cryptocurrency, KODAKCoin, that would “empower photographers and agencies to take greater control in image rights management” inside its existing KODAKOne platform.
- Kodak Extends Surge After Photography Icon Leaps into Current Blockchain Craze
- Crypto Roundup: What to Know Tuesday as Jamie Dimon, Fed’s Kashkari Sound Off
Shares in the group surged more than doubled in Tuesday trading following the release, rising to a three-month high of $6.80 each.
Eastman Kodak.
Topley’s Top Ten – January 2, 2018
1.It took the US Half a Century to grow its corporate bond market to $3 trillion….In 7 years we doubled that….
Topley’s Top Ten – December 21, 2017
1.30 Year Treasury Spike….Someone Made $60 Million on the Trade.
But at least one large position amassed last week looks prescient. Someone bought 50,000 put options on bond futures at an average price of 1’04 ticks, according to a trader familiar with the transaction, wagering that the price of long-dated Treasuries would fall as 30-year yields increased. That price jumped to 2’21 ticks Tuesday amid a sustained climb in long-end yields to 2.82 percent, leaving the bet showing a profit of about $60 million.
