Be in the know. 25 key reads for Wednesday…

  1. Wells Fargo Should Be Broken Up, Warren Says. The Stock Is Rising. (Barron’s)
  2. Fanfare erupts in NYC Broadway’s biggest hits reopen to massive standing ovations, jubilation (New York Post)
  3. Ray Dalio says if bitcoin is really successful, regulators will ‘kill it’ (CNBC)
  4. Mortgage applications tick higher, average loan size nears $400K (Fox Business)
  5. Our Most Reliable Pandemic Number Is Losing Meaning (theatlantic)
  6. Wynn, Las Vegas Sands Slide as Macau to Boost Casino Supervision. What to Watch (Barron’s)
  7. Over 30 of James Bond’s Cars, Boats and Planes Will Star in a New Petersen Museum Exhibition (Robb Report)
  8. ‘Once Upon a Time in Queens’ Review: Meet the Mets (Wall Street Journal)
  9. Broadway reopens with big shows including ‘Hamilton’ and ‘Wicked’ (New York Post)
  10. September Bank of America Global Fund Manager Survey Results (Summary) (Hedge Fund Tips)
  11. Facebook Knows Instagram Is Toxic for Teen Girls, Company Documents Show (Wall Street Journal)
  12. Dan Wang Explains What China’s Tech Crackdown Is Really All About (Bloomberg)
  13. The Rich Catch a Break—Sort of—With House Tax Plan. What to Know. (Barron’s)
  14. Macau Casinos’ Uncommon Prosperity Is at Risk (Wall Street Journal)
  15. Boeing (BA) Delivered 22 Jets in August, Including 14 737 MAX (streetinsider)
  16. SoFi Technologies (SOFI) Gets Another ‘Buy’ Rating as Mizuho Analyst Sees Nearly 100% Upside (streetinsider)
  17. Boeing (BA) Lifts Long-term Demand Forecast Amid Signs of Industry Recovery (streetinsider)
  18. 0% Rates May Last Until 2023 or Longer: 5 Surprising Stocks to Buy Now With Income and Safety (24/7 Wall Street)
  19. Energy commodities have been the best-performing asset against inflation, research finds. Here’s what else works. (MarketWatch)
  20. Good News for Stocks: Companies Have Barely Begun to Return Money to Shareholders (Barron’s)
  21. Alibaba Invests in Chinese Self-Driving Unicorn in Latest Electric Vehicle Move (Barron’s)
  22. A China Survey Finds Investors Lack Basic Financial Knowledge. How That Can Jolt Chinese Stocks. (Barron’s)
  23. China’s economic activity cools further in August, as retail sales slow (MarketWatch)
  24. Since 1983, here’s the tipping point where bonds spell trouble for stocks (MarketWatch)
  25. Europe fears a gas crunch even before winter demand begins (Financial Times)

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: barchart

Today some institution/fund purchased 2,808 contracts of March $150 strike calls (or the right to buy 280,800 shares of Alibaba Group Holding Limited (BABA) at $150). The open interest was just 685 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”

Be in the know. 25 key reads for Tuesday…

  1. Behind the Xi-Biden phone call (Asia Times)
  2. Despite pandemic pause, demand for new airplanes will soar in next two decades, Boeing says (CNBC)
  3. The Chinese control revolution: the Maoist echoes of Xi’s power play (Financial Times)
  4. Goldman Sees Limited Long-Term Damage From China’s Crackdowns (Bloomberg)
  5. Energy Prices in Europe Hit Records After Wind Stops Blowing (Wall Street Journal)
  6. Apple’s iPhone Event Is Today. Here’s What to Expect. (Barron’s)
  7. Inflation Cooled a Bit in August. It’s Still High. (Barron’s)
  8. 3 Companies Cut Their Outlooks. Why Their Stocks Can’t Be Counted Out. (Barron’s)
  9. Net-Net Lose. The Energy Report 09/14/2021 (Phil Flynn)
  10. Democrats Release Details of Proposed Tax Increase (Wall Street Journal)
  11. Inside Shell’s Push to Restart Oil Platforms After Hurricane Ida (Wall Street Journal)
  12. ViacomCBS unveiled a new management team and operating structure for Paramount Pictures. (Wall Street Journal)
  13. Fox Chief Charlie Collier Revamps the Murdochs’ Empire, Adds TMZ (Bloomberg)
  14. Chris Dodd, Barney Frank Back Fed Chairman Powell for Second Term (Wall Street Journal)
  15. The Xi personality cult is a danger to China (Financial Times)
  16. Iran Intends to Resume Nuclear Talks in the Near Future (Wall Street Journal)
  17. S. Consumer Price Growth Cools, Smallest Gain in Seven Months (Bloomberg)
  18. China Likely Suffered Another Economic Slowdown Last Month (Bloomberg)
  19. The SPAC Bubble Is Burst. It May Be Time to Invest. (Wall Street Journal)
  20. Evergrande’s Cash Problem is Now Beijing’s Political Problem (Wall Street Journal)
  21. Alibaba leads $300 million funding in Chinese driverless car firm DeepRoute.ai (CNBC)
  22. Uber (UBER): Goldman Starts at Buy and Sees 60% Upside (Street Insider)
  23. US to give aircraft companies $482M for pandemic (Fox Business)
  24. The next Big Tech battle: Amazon’s bet on healthcare begins to take shape (Financial Times)
  25. A crucial change is needed to improve corporate governance in Japan (Financial Times)

Be in the know. 20 key reads for Monday…

  1. Global Capex Booms as Companies Prepare for Post-Pandemic Era (Bloomberg)
  2. There’s a growing wall of worry developing for stocks to climb, says Deutsche Bank (MarketWatch)
  3. Natural-Gas Market Conditions Look Unnatural (Wall Street Journal)
  4. Apple’s Walled Garden Springs a Leak (Wall Street Journal)
  5. OPEC raises forecast for 2022 growth in global oil demand (MarketWatch)
  6. Manchin Balks at Supporting $3.5 Trillion Budget Resolution (Barron’s)
  7. Ant Financial’s Alipay to Be Broken Up, According to Reports (Barron’s)
  8. Energy stocks lead European markets higher as crude and electricity prices rise (MarketWatch)
  9. Extra Unemployment Pay Has Expired. What to Watch. (Barron’s)
  10. From zippers to glass, shortages of basic goods hobble U.S. economy (Reuters)
  11. Tencent and Alibaba pledge to open up apps to competitors (Financial Times)
  12. Wall Street Braced for ‘Far Stickier’ Inflation to Test Markets (Bloomberg)
  13. Iran Nuclear Inspectors Say Monitoring Pact Is Back on Track (Bloomberg)
  14. Shipping Options Dry Up as Businesses Try to Rebuild From Pandemic (Wall Street Journal)
  15. Iran Pledges to Cooperate With U.N. Atomic Agency, Easing Nuclear Talks Threat (Wall Street Journal)
  16. S. Stock Market Faces Risk of Bumpy Autumn, Wall Street Analysts Warn (Wall Street Journal)
  17. 3 reasons to stick with Chinese stocks even as they are battered by regulation, according to Allianz (Business Insider)
  18. 5 Dependable Dividend Stocks (247wallst)
  19. Here’s what Apple is expected to announce at its iPhone 13 launch event Tuesday (MarketWatch)
  20. Epic Games appeals ruling that Apple’s App Store is not a monopoly (MarketWatch)