Be in the know. 20 key reads for Friday…

  1. Morgan Stanley Highlights Boeing (BA) Shares As Attractive After the 13% Pullback (StreetInsider)
  2. Was Intel’s (INTC) Second Quarter a Speedbump or Inflection? (StreetInsider)
  3. Earnings season so far has been great with profit margins holding up
  4. Biden’s order could make it easier for Americans to borrow (Yahoo! Finance)
  5. Airbnb Stock Has Been Under Pressure. The Case for Investing Now. (Barron’s)
  6. ‘Black Widow’ Enters a Gray Area (Wall Street Journal)
  7. Pfizer and BioNTech to supply U.S. govt with additional 200 million doses of COVID-19 vaccine (MarketWatch)
  8. Airline Earnings Show Signs of Life. But New Challenges Are Emerging. (Barron’s)
  9. Las Vegas Sands Is Falling Amid Concern Over Covid and Asian Operations (Barron’s)
  10. How Options Trading Is Driving Up Stocks—and Driving Them Down (Barron’s)
  11. Here’s what a Bank of America strategist says investors should do next as market rotation enters round four (MarketWatch)
  12. Eurozone business activity expands at fastest pace for 21 years (Financial Times)
  13. Thermal coal prices soar as demand for electricity rebounds (Financial Times)
  14. Intel chief says more consolidation needed in chip industry (Financial Times)
  15. Energy expert warns of ‘serious oil crisis’ within next five years (Fox Business)
  16. Intel beats, but guides to lower margins for Q3 (CNBC)
  17. China Considers Turning Tutoring Companies Into Non-Profits (Bloomberg)
  18. Fed Ramps Up Debate Over Taper Timing, Pace (Wall Street Journal)
  19. Palm Beach Real Estate Is So Hot, at Least 22 Homes Sold for $40M-Plus Since Covid (Wall Street Journal)
  20. EV Batteries: The Next Victim of High Commodity Prices? (Wall Street Journal)

Be in the know. 23 key reads for Thursday…

  1. AT&T Stock Rises As Q2 Earnings Top Expectations (Investor’s Business Daily)
  2. China Trade Booms as If Virus, Tariffs Never Happened (Bloomberg)
  3. United Wholesale Mortgage CEO on mortgage rates (Yahoo! Finance)
  4. 4 Top Aerospace and Defense Stocks to Buy Now Before Q2 Earnings (24/7 Wall Street)
  5. Two Big Carriers Report Narrowing Losses, Positive Cash Flow (Invetor’s Business Daily)
  6. ECB Hints at Looser Policy for Longer (Barron’s)
  7. Intel Reports Earnings Today. Expectations Are High. (Barron’s)
  8. Natural Gas Prices Are Soaring, but the Stocks Aren’t. Here’s Why. (Barron’s)
  9. Apple’s Privacy Move Has Scrambled Social-Media Advertising. We’ll Know the Real Impact Soon. (Barron’s)
  10. Fed Chief Powell Enjoys Support for Reappointment, but He’s Not a Lock (Wall Street Journal)
  11. Coca-Cola Boosts Outlook as Sales Rebound (Wall Street Journal)
  12. ‘Call Her Daddy’ Host Alex Cooper Wants to Have the Biggest Podcast in the World (Wall Street Journal)
  13. 2M workers remain on jobless benefits as weekly claims jump to 419K (New York Post)
  14. How Nations Are Learning to ‘Let It Go’ and Live With Covid (New York Times)
  15. The Saudi Prince of Oil Prices Vows to Drill ‘Every Last Molecule’ (Bloomberg)
  16. China Offers Oil Reserves in Unprecedented Move to Cool Rally (Bloomberg)
  17. Oil Holds Biggest Gain in Three Months on Demand Recovery (Bloomberg)
  18. Johnson & Johnson Posts Higher Profit as Healthcare Demand Returns (Wall Street Journal)
  19. Wild Superyacht Secrets I Learned When I Became a Deckhand (Bloomberg)
  20. Delta Dawn. The Energy Report 07/22/2021 (Phil Flynn)
  21. Biden confident $1tn infrastructure deal within reach despite vote setback (Financial Times)
  22. The FDA may not fully approve a COVID-19 vaccine until January. Here’s why (MarketWatch)
  23. CSX profit more than doubled as railroad hauled 27% more (FoxBusiness)

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: barchart

Today some institution/fund purchased 2,222 contracts of Jan 2023 $285 strike calls (or the right to buy 222,200 shares of Alibaba Group Holding Limited (BABA) at $285). The open interest was just 959 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”

Be in the know. 30 key reads for Wednesday…

  1. Futures Mixed With Earnings in Focus; Dollar Gains: Markets Wrap (Bloomberg)
  2. US official to visit China as diplomatic stand-off resolved (Financial Times)
  3. Novartis Sales Rise As Clients Restock Post-lockdown (Barron’s)
  4. Intel Can Do Self-Driving Cars, Too. Don’t Write Off Mobileye. (Barron’s)
  5. Novartis aims to beat rivals to novel $10bn cancer treatment market (Yahoo! Finance)
  6. Airbnb’s Brian Chesky Sees a ‘Travel Rebound of the Century’ (Barron’s)
  7. Oil Could Hit $80 by Year End, JPMorgan Says. Here’s Why. (Barron’s)
  8. SAP Boosts Guidance as It Gains Ground in Shifting to the Cloud (Barron’s)
  9. This technical support shows the strength of the buy-the-dip force in markets (MarketWatch)
  10. United Airlines Expects to Turn Profitable This Fall (Barron’s)
  11. J&J Stock Rises on Earnings. (Barron’s)
  12. Don’t Give Up on Value Stocks. 10 That Can Beat the Market. (Barron’s)
  13. JPMorgan Raised Its S&P 500 Price Target — Before Tuesday’s Rally. Here’s Why. (Barron’s)
  14. John Kerry Urges China to Help Break Climate ‘Suicide Pact’ (Bloomberg)
  15. Raytheon CEO Sees Hypersonic-Weapons Era: ‘Speed Trumps Stealth’ (Bloomberg)
  16. China’s Births May Drop Again This Year From 2020’s Low (Bloomberg)
  17. Netflix Promises Growth Ahead After Languid Start to Year (Bloomberg)
  18. Netflix Signals No Acquisition Plans as It Adds 1.5 Million Subscribers (Wall Street Journal)
  19. S. Investors Seek Bargains in U.K. Home-Building Industry (Wall Street Journal)
  20. An ‘Airbnb for Pools’ Is Making a Splash This Summer (Wall Street Journal)
  21. Coca-Cola quarterly revenue tops 2019 levels; company raises full-year forecast (CNBC)
  22. Johnson & Johnson expects $2.5 billion in global sales from Covid vaccine this year (CNBC)
  23. JPMorgan says the S&P 500 will rally another 8% this year as fears of slower growth are overblown (Business Insider)
  24. JPMorgan gives Jamie Dimon ‘special award’ worth millions to stick around as CEO (MarketWatch)
  25. Home Building Booms, but Not Enough (Wall Street Journal)
  26. Goldman Sachs Upgrades Halliburton (HAL) to Buy, Sees Dividend Raise (StreetInsider)
  27. 5 Highest Yielding Dividend Aristocrat Stocks to Buy Now as Interest Rates Continue to Plunge (24/7 Wall Street)
  28. China says it will continue to open up financial sector (Reuters)
  29. Netflix To Begin Video-Gaming Foray With Free Mobile Offerings For Subscribers: What You Need To Know (Benzinga)
  30. Verizon Beats On Q2 Earnings, Issues Robust FY21 Outlook (Benzinga)