Be in the know. 35 key reads for Friday…

  1. CRISPR, Genetics And AI — Why 2023 Could Be The Year For Biotech Stocks (investors)
  2. Emerging-Market Stocks Rise to Six-Month High Versus S&P 500 (bloomberg)
  3. Buy these 10 top tech stocks before the sector rises 20% this year by cutting costs and crushing low expectations, according to Wedbush (businessinsider)
  4. Hong Kong stocks cap best start to year since 1999 as Alibaba, Tencent rally (scmp)
  5. China May Ease ‘Three Red Lines’ Property Rules in Big Shift (bloomberg)
  6. BioNTech says it will start cancer vaccine trials in the UK from September (cnbc)
  7. Tencent’s Return to Top 10 Club Shows China Rebound Bets Soaring (bloomberg)
  8. Brazil’s New President Sends Stocks Tumbling. Bonds Could Be a Buy. (barrons)
  9. US Job Growth to Slow or Even Reverse After Near-Record Year (bloomberg)
  10. Tech Workers Are Driving Higher Sales. And the Layoffs Keep Coming. (barrons)
  11. Tech Layoffs Will Drive a Rebound, Wedbush Analyst Says. Apple Is His Top Pick. (barrons)
  12. Hiring Edges Past Forecasts in Resilient Labor Market (barrons)
  13. Cisco layoffs begin with hundreds of job cuts in California and more expected (marketwatch)
  14. Why a Long-Term Investor Is Sticking With Tesla and Cloud Stocks (barrons)
  15. Costco’s Sales Are Another Sign Retailers Had a Decent Holiday Season (barrons)
  16. S. Job Growth Slows but Remains Solid (nytimes)
  17. Even a Soft Landing for the Economy May Be Uneven (nytimes)
  18. ChatGPT Creator in Investor Talks at $29 Billion Valuation (wsj)
  19. New Biden Law Won’t Kill Drug Cures. It Will Reshape Them. (wsj)
  20. Delta Air Lines to Offer Free Wi-Fi Starting Feb. 1 (wsj)
  21. M&A Is Expected to Pick Up in 2023 as Companies Adapt to Tougher Conditions (wsj)
  22. Don’t Write Off Low-Key Payments Giant FIS (wsj)
  23. Investors’ Best Friend in 2022: The Dogs of the Dow (wsj)
  24. Amazon Needs to Become a Slower-Growth Wonder (wsj)
  25. Tech Companies Keep Slashing Jobs in Uncertain 2023 Economy (bloomberg)
  26. China Goes All Out to Rescue Its Ailing Property Sector (bloomberg)
  27. Automakers are cautiously optimistic for rebound after worst new vehicle sales in more than a decade (cnbc)
  28. Pickleball popularity exploded last year, with more than 36 million playing the sport (cnbc)
  29. It costs over $200,000 to paint a plane — here’s a look into the $18 billion aircraft paint industry (cnbc)
  30. These 12 small-cap stocks are undervalued and trading at deep discounts of up to 80%, according to Morningstar (businessinsider)
  31. ISM gauge of U.S. services sector is negative for first time since May 2020 (marketwatch)
  32. S. economy gains a robust 223,000 jobs in December, but wage growth slows in sign of ebbing inflation pressure (marketwatch)
  33. China’s reopening won’t foul up global inflation situation, Morgan Stanley says (marketwatch)
  34. Buy European stocks instead of ‘expensive’ US equities, Citi tells clients (streetinsider)
  35. ‘Dogs Of The Dow’ Stocks Just Paid Off; Here Are The Top 10 For 2023 (yahoo)

Unusual Option Activity – Banco Bradesco S.A. (BBD)

Data Source: Barchart

On Wednesday some institution/fund purchased 26,027 contracts of Jan. 2024 $4 strike calls (or the right to buy 2,602,700 shares of Banco Bradesco S.A. (BBD) at $4). The open interest was just 1,107 prior to this purchase.

Continue reading “Unusual Option Activity – Banco Bradesco S.A. (BBD)”