- Senate Raises the Debt Limit. Default Could Loom Again in Early December. (Barron’s)
- AT&T Stock Has Never Recovered From Covid. Why It Could Be Fairly Valued Now. (Barron’s)
- Conagra, PepsiCo and Other Food Makers Grapple With Higher Costs (Wall Street Journal)
- BlackRock Gives Big Investors Ability to Vote on Shareholder Proposals (Wall Street Journal)
- Dumping Stocks to Punish Bad Corporate Behavior Has Tiny Impact (Bloomberg)
- Tencent Shares Have ‘Priced in’ Gaming Crackdown, Jefferies Says (Bloomberg)
- Taiwan Exports Surge to Record, Defying Predictions of Slowdown (Bloomberg)
- Tesla moves headquarters from California to Texas (CNBC)
- 3 reasons why energy is the best sector of the stock market to invest in right now, according to JPMorgan (businessinsider)
- Amazon CEO, citing ‘rougher’ patch with Seattle, looks to ’burbs (seattletimes)
- JPMorgan Raises Price Target on Walt Disney (DIS) Into ‘De-risked’ FQ4 Earnings, Current Levels Seen as an Attractive Entry Point for LT Investors (streetinsider)
- China orders coal miners to boost output to counter energy crunch (Financial Times)
Hedge Fund Tips with Tom Hayes – VideoCast – Episode 103
Hedge Fund Tips with Tom Hayes – Podcast – Episode 93
Hedge Fund Tips (PCN) – Position Completion Notification
Where is money flowing today?
Be in the know. 20 key reads for Thursday…
- As Wall Street sees a Chinese stock market ‘on sale,’ others warn ‘that game is over’ (CNBC)
- China Tech Stocks Surge Most Since August After Hitting New Lows (bloomberg)
- Buy the Dip’, JP Morgan’s Kolanovic Says; Markets Can Handle $130+ Oil, 2.5% Yields (streetinsider)
- McConnell Offers Debt Ceiling Deal as Democrats Mull End of Filibuster (Barron’s)
- Former FDA Commissioner Scott Gottlieb on the Covid Pill (Barron’s)
- Carnival to restart more cruises from U.S. ports in January and February, expects 100% capacity use in the spring (marketwatch)
- Alibaba, JD And Nio Rivals Xpeng, Li Auto Lead Hang Seng Higher Amid Optimism Surrounding Potential Biden-Xi Meet (benzinga)
- Want to Pick the Best Stocks? Pick the Happiest Companies. (institutionalinvestor)
- Hedge funds cash in as green investors dump energy stocks (Financial Times)
- Private sector employment increases by 568,000 jobs, topping expectations (streetinsider)
- Here are 10 ‘high conviction’ stocks of companies with strong pricing power and 20% upside potential to UBS targets (marketwatch)
- Opinion: Warren Buffett’s folksy investing advice is just what you need in this unfriendly stock market (marketwatch)
- Biden-Xi summit to set tone for U.S.-China relations: Ex-Obama advisor (CNBC)
- The ‘Orient Express’ is a real train — and taking a ride is not cheap (CNBC)
- Buy the dip despite inflation fears, Barclays says (CNBC)
- Chinese Tech Stocks’ Rally Extends to U.S. Premarket Trading (bloomberg)
- China’s Stock Market Is Having a Tough Year. Why Big Investors Are Still Bullish. (Barron’s)
- S. Trade Policy Adapts to a China That Will Never Change (Wall Street Journal)
- Cineworld Chief on Meme Stocks, Competing With AMC and the Cinema Industry’s Pandemic Recovery (Wall Street Journal)
- Xi Picks Opportune Time to Cool Tensions With Biden Meeting (Bloomberg)
The “Buy Dirt” Stock Market (and Sentiment Results)…
In recent weeks we commented to stop worrying about a “September Swoon” as most pullbacks would be likely be contained to ~3-5%. So far this has held true on a closing basis… Continue reading “The “Buy Dirt” Stock Market (and Sentiment Results)…”
Unusual Options Activity – AT&T Inc. (T)
Data Source: barchart
Today some institution/fund purchased 42,026 contracts of Jan 2022 $23 strike calls (or the right to buy 4,202,600 shares of AT&T Inc. (T) at $23). The open interest was 4,396 prior to this purchase. Continue reading “Unusual Options Activity – AT&T Inc. (T)”