Tag: StockMarket

The “Chasing After You” Stock Market (and Sentiment Results)…

With the market looking and feeling extended at these levels, the song we chose to embody current market sentiment for the week is Ryan Hurd and Maren Morris’ 2021 hit, “Chasing After You.”  This has effectively been the theme song for managers who have been skeptical of the market rise all year and were repeatedly forced to chase up: Continue reading “The “Chasing After You” Stock Market (and Sentiment Results)…”

Be in the know. 17 key reads for Wednesday…

  1. September Is The Worst Month Unless You Own These 12 Stocks (Investor’s Business Daily)
  2. Campbell Soup earnings beat, share buyback program revised (MarketWatch)
  3. Tencent Snapped Up by China Traders After Two-Month Selloff (Bloomberg)
  4. BP, Standard Chartered and 7 Other Undervalued European Stocks Deserve a Hard Look (Barron’s)
  5. China May Be Its Own Worst Cold War 2.0 Enemy (Bloomberg)
  6. China to step up financing support for small firms (Reuters)
  7. September Is the Stock Market’s Worst Month. History Says This Time Could Be Different. (Barron’s)
  8. Here’s why Robert Shiller’s two stock-market indexes are telling wildly different valuation stories. (MarketWatch)
  9. Investors eye emerging market upswing after China shock (Financial Times)
  10. Private Equity Firms All Want the Same Thing: British Companies (New York Times)
  11. Teva-MedinCell’s Schizophrenia Treatment Candidate Under FDA Review (Benzinga)
  12. U.S. Home-Price Growth Rose to Record in June (Wall Street Journal)
  13. Americans Are Stocking Up on Toilet Paper Again (Wall Street Journal)
  14. China gaming stocks rally despite regulators limiting kids’ playing time (CNBC)
  15. Tencent boosts global investments as Beijing cracks down on gaming (Financial Times)
  16. Stocks push higher on China stimulus hopes (Financial Times)
  17. Lotus Is Getting Money From NIO. What It Means for Ferrari and Porsche. (Barron’s)

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: barchart

Today some institution/fund purchased 2,333 contracts of Dec $170 strike calls (or the right to buy 233,300 shares of Alibaba Group Holding Limited (BABA) at $170). The open interest was 1,659 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”

Be in the know. 20 key reads for Tuesday…

  1. OPEC drama threatens oil production promises (FoxBusiness)
  2. Xi Is Forgetting the Very Thing That Made China Great Again (Bloomberg)
  3. Why Wynn Resorts’ Stock Could Jump 40% (Barron’s)
  4. Xi Jinping Approves Action on Everything From Monopolies to Pollution (Bloomberg)
  5. Covid Hasn’t Let Up, but These Stay-at-Home Stocks Have (Barron’s)
  6. ‘Hybrid Meetings’ Will Become the Norm. This Cheap Stock Could Be a Winner. (Barron’s)
  7. China’s New Curbs Aren’t Game Over for Tencent, Netease (Wall Street Journal)
  8. Gaming Stocks Pare Losses as Traders Weigh China’s Online Curbs (Bloomberg)
  9. Xi Jinping Shows China He’s the Ultimate Tiger Mom (Bloomberg)
  10. Millions of Americans will lose unemployment benefits this weekend (CNBC)
  11. China’s services activity contracts for the first time since 2020, data shows (CNBC)
  12. Citi Starts Occidental (OXY) at Buy, Sees 40% Upside (StreetInsider)
  13. BofA Maintains Buy on Netflix (NFLX) as Rich Content Schedule Likely to Drive Subscriber Growth (StreetInsider)
  14. Now, August is good for stocks: Morning Brief (Yahoo! Finance)
  15. 9 Cash-Rich Stocks That Can Better Weather the Fed’s Taper Risks (Barron’s)
  16. Consumer-Service Stocks Have Underperformed. Why It’s Their Time to Shine. (Barron’s)
  17. Oil Industry Surveys Damage After Hurricane Ida Slams Louisiana (Wall Street Journal)
  18. Krispy Kreme Focuses on Reducing Debt, Delivering Fresher Doughnuts (Wall Street Journal)
  19. Common Prosperity: Decoding China’s New Populism (Wall Street Journal)
  20. The S&P 500 hasn’t seen a year-to-date rally this strong since 1997. What’s next? (MarketWatch)