Tag: StockMarket

Be in the know. 20 key reads for Thursday…

  1. Trump’s TikTok, WeChat Actions Targeting China Revoked by Biden (Wall Street Journal)
  2. John Rogers Is Winning (Institutional Investor)
  3. OPEC sticks to forecast of oil demand surge in second half of 2021 (Reuters)
  4. How To Lose $50 Million Hedging Inflation… (ZeroHedge)
  5. AMC Insiders Sell Another $4 Million in Shares Amid Reddit Rally (Bloomberg)
  6. CPI shows retail prices soared again last month, lifting U.S. inflation rate to 13-year high (MarketWatch)
  7. ECB Keeps Stimulus at High Pace, Ruling Out Immediate Tapering (Barron’s)
  8. Don’t Expect $100 Oil Anytime Soon (Barron’s)
  9. Inflation Is Here. But It Won’t Doom Stocks. (Barron’s)
  10. China Is the Elephant in the Room as Europe Targets American Tech (Barron’s)
  11. Virgin Galactic founder Richard Branson may try to beat Bezos to space: report (New York Post)
  12. China’s Surging Manufacturing Prices Put Pressure on Beijing to Do Something About Them (Wall Street Journal)
  13. Draft Antitrust Bills Would Restrict Online Platforms (Wall Street Journal)
  14. China Tempers Climate Change Efforts After Economic Officials Limit Scope (Wall Street Journal)
  15. Technology Fills the Gap as Jobs Lag GDP (Wall Street Journal)
  16. Campbell Plans to Raise Prices as Higher Costs Cut into Profits (Wall Street Journal)
  17. Markets Are Ignoring the Main Driver of Today’s Inflation (Bloomberg)
  18. Weak consumption is a ‘major problem’ for China’s recovery, says analytics firm (CNBC)
  19. Finance professor Aswath Damodaran warns investors not to get cocky, dismisses bitcoin as a currency or store of value, and blasts the Fed in a new interview. Here are the 11 best quotes. (Business Insider)
  20. China says it arrested over 1,100 suspects and busted 170 criminal gangs in a crypto-related money-laundering crackdown (Business Insider)

Unusual Options Activity – Tencent Music Entertainment Group (TME)

Data Source: barchart

Today some institution/fund purchased 6,397 contracts of Oct $15 strike calls (or the right to buy 639,700 shares of Tencent Music Entertainment Group (TME) at $15). The open interest was 2,076 prior to this purchase. Continue reading “Unusual Options Activity – Tencent Music Entertainment Group (TME)”

Be in the know. 15 key reads for Wednesday…

  1. Senate OKs Bill to Address Competition From China (Barron’s)
  2. What a 15% Global Minimum Corporate Tax Rate Means for the Stock Market (Barron’s)
  3. Say Hello to the ‘She-covery’: Post-Covid Rebound Accelerates Women’s Job Gains (Barron’s)
  4. FDA Approves Pfizer’s New Pneumococcal Vaccine, Setting Up Clash With Merck (Barron’s)
  5. Why stock traders say ‘never short a dull market’ (MarketWatch)
  6. Bill Hwang had been eyeing $100B club before blow up: sources (New York Post)
  7. FDA Approval of New Alzheimer’s Drug May Boost Prospects of Other Treatments (Wall Street Journal)
  8. Discount Chain Big Lots Invests in New Stores as Stimulus Checks Boost Sales (Wall Street Journal)
  9. The Retreat of Exxon and the Oil Majors Won’t Stop Fossil Fuel (Bloomberg)
  10. From Cashier to Mortgage Billionaire: The Rise of Anthony Hsieh (Bloomberg)
  11. European banks are in a much better position now than when the pandemic first hit, Goldman says (CNBC)
  12. China’s producer prices rise faster than consumer prices by the most on record (CNBC)
  13. Cathie Wood agrees with Fundstrat’s Tom Lee that a demographic boom led by millennials will drive the stock market higher for years to come (Business Insider)
  14. 10Y Yields Plunge Below 1.50% As Record Short Squeeze Accelerates (ZeroHedge)
  15. Colgate-Palmolive is following in the footsteps of Pepsi and P&G to a ‘mega-cap turnaround’ (MarketWatch)

Be in the know. 17 key reads for Tuesday…

  1. Berkshire Hathaway to Buy $500 Million Stake in Brazil’s Nubank (Wall Street Journal)
  2. The Biggest Obstacle to a Boeing Reboot is Boeing (Bloomberg)
  3. Biogen Wins Landmark Alzheimer’s Drug Approval (Investor’s Business Daily)
  4. S. Retrieves Millions in Ransom Paid to Colonial Pipeline Hackers (Wall Street Journal)
  5. XPeng vs. Tesla: The Race for the Best EV Tech (Wall Street Journal)
  6. Corporate Taxes Will Rise One Way or Another (Wall Street Journal)
  7. Southwest orders 34 more of Boeing’s smallest 737 Max plane (CNBC)
  8. Emerging markets are about to break out, Oppenheimer analyst says (CNBC)
  9. Alibaba expands cloud products with livestream shopping in its battle with Amazon (CNBC)
  10. Clover Health’s Stock Price Surges After Becoming New Reddit Darling (Wall Street Journal)
  11. Since 2008, this has been the biggest signal for stock direction. Here’s where it’s telling investors to go now. (MarketWatch)
  12. Splunk stock gains on Summit upgrade after post-earnings pullback (SA)
  13. A Key Opioid Trial Begins Today. What Investors Need to Know. (Barron’s)
  14. Senate Could Pass Wide-Ranging China Bill. What to Know. (Barron’s)
  15. Cruise Prices Look Strong Amid Pent-Up Demand, Limited Supply, Flush Consumers (Barron’s)
  16. How a Cloud Is Lifting from Bluebird and Other Gene Therapy Stocks (Barron’s)
  17. Will Europe sign up to Joe Biden’s plan to counter China? (Financial Times)