Tag: StockMarket

Be in the know. 25 key reads for Thursday…

  1. Iran will return to nuclear talks before the end of November, its chief negotiator said, restoring the Biden administration’s hopes that it can revive the 2015 nuclear deal. (Wall Street Journal)
  2. Oil hits two-week low on Iran talks and U.S. stocks build (streetinsider)
  3. Caterpillar Stock Is Regaining Lost Ground as Earnings Beat Forecasts (Barron’s)
  4. Merck Stock Is Gaining. Earnings Came in Strong (Barron’s)
  5. S. Economy Slowed on Delta Surge, Supply Crunch (Wall Street Journal)
  6. President Biden Set to Announce Framework of Revised Social Spending Bill (Barron’s)
  7. S. Jobless Claims Drop to Pandemic Low of 281,000 (Bloomberg)
  8. Nokia Earnings Smashed Expectations Despite Supply Chain Issues. The Stock Is Rising. (Barron’s)
  9. Fund managers are tossing out their losers. Here are the bargains investors might not want to miss. (marketwatch)
  10. Merck’s Covid-19 Pill Licensed to U.N.-Backed Nonprofit to Increase Global Supplies (Wall Street Journal)
  11. Third Point Has Big Shell Stake, Urges Energy Giant to Break Up (Wall Street Journal)
  12. Antidepressant Significantly Reduces Covid-19 Hospitalization (Wall Street Journal)
  13. China’s Hypersonic Missile Test Is Close to ‘Sputnik Moment,’ U.S. Military Chief Says (Wall Street Journal)
  14. Boeing Loss Driven by Dreamliner, Space Problems (Wall Street Journal)
  15. Evergrande Crisis All But Shuts Bond Market for China’s Junk Borrowers (Wall Street Journal)
  16. Budweiser’s New Growth Recipe Goes Down Easy (Wall Street Journal)
  17. ‘Transitory’ Inflation Gets a Stress Test (Bloomberg)
  18. China Has Started Making the Same Mistakes as the Soviets (Bloomberg)
  19. How China Is Rolling Out a Property Tax on Homes, and Why (Bloomberg)
  20. European Central Bank holds policy steady despite soaring inflation (CNBC)
  21. Australia’s exports to China are jumping despite their trade fight (CNBC)
  22. Mario Gabelli has racked up a 7,000% gain on Berkshire Hathaway stock. The billionaire investor explains why he likes Robinhood, still backs Warren Buffett, and worries about the Fed taper. (businessinsider)
  23. Bernstein Starts Li Auto (LI) and Xpeng (XPEV) at Outperform and NIO (NIO) at Market Perform, Says EV Adoption in China Picking Up (streetinsider)
  24. Democrats’ proposed billionaires tax collapses after resistance from moderates (Financial Times)
  25. Mitt Romney dresses up as Ted Lasso in Halloween video (businessinsider)

The “Don’t Stop Believin'” Stock Market (and Sentiment Results)…

Yesterday, I read an article in the Wall Street Journal that chronicled Journey’s 1981 hit “Don’t Stop Believin’.”  The genesis of the Billboard hit (and ending ballad to the Soprano’s series), was a streak of bad luck for Journey keyboardist-guitarist Jonathan Cain. Continue reading “The “Don’t Stop Believin’” Stock Market (and Sentiment Results)…”

Be in the know. 25 key reads for Wednesday…

  1. Intel Insiders Bought Up $2.5 Million Worth of Stock (Barron’s)
  2. Some Strategists Are Turning Positive on China’s Stocks (Barron’s)
  3. Inflation Could Mean Value Stocks’ Time to Shine (Wall Street Journal)
  4. 5 Stocks That Could Be Bargains After Tax-Loss Selling (Barron’s)
  5. ‘Don’t Stop Believin’ ’: Journey’s Smash Hit Started as a Pep Talk (Wall Street Journal)
  6. Star China Fund Manager Targets Comeback With Tencent Bet (Bloomberg)
  7. Kraft Heinz sees stronger earnings for the year thanks to higher prices (CNBC)
  8. Jack Ma Visits Dutch Agricultural Research Institute (zerohedge)
  9. Mobsters, brawlers and notoriety: Danbury Trashers left a mark on hockey (New York Post)
  10. ViacomCBS nears sale of CBS Studios lot in LA as it pares real estate holdings (New York Post)
  11. Boeing Earnings Were Terrible. The Stock Is Rising Anyway. (Barron’s)
  12. Google Nearly Doubles Profit Behind Red-Hot Ad Market (Wall Street Journal)
  13. 3-D Printed Houses Are Sprouting Near Austin as Demand for Homes Grows (Wall Street Journal)
  14. S. Consumer Confidence Rose as Delta Covid-19 Wave Eased (Wall Street Journal)
  15. Microsoft Earnings Jump as Cloud Services Thrive (Wall Street Journal)
  16. Oil retreats on industry data showing rise in U.S. crude inventories (marketwatch)
  17. 2023 Corvette Z06 extends legend with radical new engine, 2.6-second 0-60 dash (usatoday)
  18. These Economists Aren’t Worried About Inflation. Here’s Why. (Barron’s)
  19. Xi Jinping’s China Roadmap Is Awash in Contradictions (Bloomberg)
  20. China Warns U.S. Support for Taiwan Poses ‘Huge Risks’ to Ties (Bloomberg)
  21. Who’s Building Facebook’s Metaverse? Meet CTO Andrew Bosworth (Bloomberg)
  22. Investors pour money into Chinese start-ups despite regulatory crackdown (CNBC)
  23. 5 Top Dividend Stocks to Buy Now Should Still Perform Well If Stagflation Bubbles Up (24/7 Wall Street)
  24. Here’s what it will take to resolve the supply-chain disruptions roiling the U.S. economy (marketwatch)
  25. Opinion: These 8 money-losing stocks could bring you big gains come January (marketwatch)

Be in the know. 17 key reads for Tuesday…

  1. GE Earnings Made the Most of a Difficult Environment (Barron’s)
  2. Home Prices for August Expected to Set Another Record (Barron’s)
  3. Existing-Home Sales Soared. (Barron’s)
  4. MGM Resorts Sells 11 Picasso Masterworks for $109 Million (Barron’s)
  5. These 3 Stocks Have High Dividends With Ultrasafe Payouts (Barron’s)
  6. 8 Small-Cap Stocks That Look Undervalued (Barron’s)
  7. Jeff Bezos’ Blue Origin Wants to Build a Commercial Space Station With Boeing (Barron’s)
  8. Four Small-Cap Energy Stocks Ready to Pump Out Cash (Barron’s)
  9. Terrible idea — taxing profits that don’t exist (New York Post)
  10. Shutting Down Big Oil. The Energy Report 10/26/2021 (Phil Flynn)
  11. 5 Dividend Aristocrats Stocks Have Raised Their Dividends for Almost 60 Years (247wallst)
  12. Houston Rockets owner: ‘Our great Capitalism will come to an end’ if Dems pass unrealized gains tax (foxnews)
  13. The 50th All-America Research Team (institutionalinvestor)
  14. China Evergrande Says Work on Some Residential Projects Has Resumed (Wall Street Journal)
  15. Fed Prepares to Taper Stimulus Amid More Doubts on Inflation (Wall Street Journal)
  16. Market Agrees That Inflation Isn’t a Blip: Authers’ Indicators (Bloomberg)
  17. Verizon partnering with Amazon to use tech giant’s satellite internet (CNBC)

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: barchart

Today some institution/fund purchased 1,014 contracts of Sept. 2022 $160 strike calls (or the right to buy 101,400 shares of Alibaba Group Holding Limited (BABA) at $160). The open interest was just 651 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”