Hedge fund liquidating
Hedge funds and other money managers have amassed a near-record number of bullish bets on increasing oil prices, helping push the main international benchmark well above per barrel.
By the close of business on March 22, money managers held a net long position equivalent to almost 579 million barrels in the three largest crude oil futures and options contracts.
Combined WTI short positions on the New York Mercantile Exchange and ICE Futures Europe have been cut from 261 million barrels at the start of February to 112 million barrels.
The net long position in WTI has surged from just 60 million barrels in early February to 215 million barrels on March 22.
Jana Partners, an activist hedge fund, bought a more than 8% stake in Whole Foods in early April and urged for a management overhaul.
Matthew Thornton, an analyst at Sun Trust, said in a note Monday that Pandora would be able to sustain its subscriptions service even after launching it later than competitors, according to Market Watch.
We have an American president who has emboldened white supremacists with messages of comfort and support."“In evaluating Plaintiffs’ claims at this stage, the Court assumes their allegations are true - that the DNC and Wasserman Schultz held a palpable bias in favor Clinton and sought to propel her ahead of her Democratic opponent..." "At an investor breakfast in Stockholm this week, when asked how many subscribed to what we call the “central bankers’ and economists’ view” that fundamentals were now strong enough to permit a very modest dialing back of central bank QE, not a single one of the 25 present raised their hand." "Investors everywhere are bemoaning the rise of ETFs.
“It’s pretty horrible right now." The historic Orpheum Theatre in Memphis, Tennessee has decided to censor "Gone With the Wind" from a line-up of movies it will show as part of its 2018 Summer Movie Series after dubbing it racially "insensitive".
"As an organization whose stated mission is to 'entertain, educate and enlighten the communities it serves', the Orpheum cannot show a film that is insensitive to a large segment of its local population," the theater’s board said in a statement.
Sooner or later it will dawn on them that there is nothing they can do but violently revolt." Hidden in plain sight is an intimidating Chinese weapon that allows it to hold a quarter of the world’s population hostage without firing a single shot.
While much attention has been given to the nation’s fearsome new military hardware, a formidable component in its arsenal has largely escaped notice:"We've created a generation of anger addicts who can't read past the first page of a book.