FlowBank

1240 days ago

Pfizer's CEO cashed out 60% of his stock on the same day the company unveiled the results of its COVID-19 vaccine trial

Pfizer chief executive Albert Bourla sold 62% of his stock in the company on the same day the drugmaker announced the results of its COVID-19 vaccine trial. Bourla sold $5.6 million in stock on Monday as part of a predetermined trading plan adopted on August 19. His stock sale was carried out at $41.94 a share. The 52-week-high for Pfizer stock is $41.99, which means the CEO cashed out his shares close to their highest this year - source: Markets Insiders

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Pfizer CEO

1240 days ago

Follow the (Smart) Money?

The Smart Money Flow Index continues to signal more difficulty in the market. It actually is printing a new low here this week - source: The Market Ear, www.zerohedge.com .

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Smart Money Flow Index

1240 days ago

EU banks to be incentivized to merge like in Japan?

BoJ just announced a new policy, which they will offer a facility paying banks 0.1% if they either cut cost/income ratio by 4% or start doing M&A. The BoJ wants banks to clean up their acts and remove the "zombification". As the ECB is also willing to see European banks cutting costs and consolidate, could they follow the step of the BoJ and offer the same incentive? EU banking stocks spiked recently - this could be a trigger to extend the rally - source: The Market Ear, Refinitiv  

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EU banks index (SX7E)

1240 days ago

Chart of the day: Is this the most important valuation ratio for the market?

The Fed Model (S&P 500 earnings yield - U.S 10 year yield) is back to where it was two years ago, i.e U.S stocks are the most expensive vs. bonds since 2018. Does it mean that T.I.N.A (there is no alternative) is dead?  Will the Fed do something about it? Source: www.zerohedge.com 

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S&P 500 earnings yield - U.S 10 year bond yield

1241 days ago

Zoom (ZM) is down from 500 on Friday to 384 as of today. Market cap is still at $109 billion...

First "stop" is at the 100 day moving average (around 365), while the 200 day moving average remains very far down...(source: The Market Ear, Refinitiv) 

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Zoom (ZM) Chart
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