How Hedge Funds are Positioning Themselves for a Soft Landing (Reuters)
Bond, stock and currency market bears with portfolios designed to gain from a recession have been fleeing losing trades as big economies such as the United States prove more resilient than expected. A so-called soft landing, where central banks manage to curb inflation without triggering a recession, has gained traction, prompting some investors to take on more risk. Five hedge funds shared trading ideas for soft-landing scenarios. They cannot reveal trading positions or make recommendations for regulatory reasons.
Billionaire Stan Druckenmiller’s Small-Cap Stock Picks (Insider Monkey)
In this piece, we will take a look at billionaire Stanley Druckenmiller’s small-cap stock picks. If you want to skip our introduction to Mr. Druckenmiller and small-cap stocks in general, then head on over to Billionaire Stan Druckenmiller’s Small-Cap Stock Picks: Top 5 Stocks. Stanley Druckenmiller is one of the richest people in the world. According to Forbes Magazine, his latest net worth estimate sits at $6.2 billion, which is more than enough money to last anyone a lifetime. He is a former hedge fund boss who started out working in the finance industry in the late 1970s and within a couple of years would go on to set up his own hedge fund called Duquesne Capital Management.
Monday 8/21 Insider Buying Report: HR, PGRE (Nasdaq.com)
At Healthcare Realty Trust, a filing with the SEC revealed that on Wednesday, Director John Knox Singleton bought 31,500 shares of HR, for a cost of $17.11 each, for a total investment of $538,965. Bargain hunters can pick up HR at a price even lower than Singleton did, with the stock trading as low as $16.59 at last check today which is 3.0% under Singleton’s purchase price. Healthcare Realty Trust is trading off about 0.8% on the day Monday. This purchase marks the first one filed by Singleton in the past year. And at Paramount Group, there was insider buying on Thursday, by Chairman, CEO and President Albert P. Behler who purchased 70,000 shares at a cost of $4.66 each, for a total investment of $326,490.
Over $15M Bet On Impinj? Check Out These 4 Stocks Insiders Are Buying (Benzinga)
Impinj: The Trade: Impinj, Inc. (PI) Director Daniel Gibson bought a total of 263,740 shares at an average price of $58.26. To acquire these shares, it cost around $15.37 million. Evolus: The Trade: Evolus Inc. (EOLS) Director Vikram Malik acquired a total of 197,965 shares at an average price of $7.41. To acquire these shares, it cost around $1.3 million.
Tuberville’s Stock Trading Raises Questions About Potential Insider Trading (AlReporter.com)
Questions are swirling regarding whether or not Sen. Tommy Tuberville’s, R-Alabama, recent stock trades are an example of insider trading, according to a report by Newsweek. Tuberville caught the eye of financial services website, Quiver Quantitative, who posted on social media last Monday about Tuberville’s trade in a biotech company called Humacyte. Humacyte is a smaller company but has been involved in the war in Ukraine using its technology regarding acellular tissue to help treat those harmed in the war.