Be in the know. 20 key reads for Sunday…

  1. SPACs Went Up, Then Down, but They’re Not Out (New York Times)
  2. Gary Vaynerchuk Reveals Where the Smart Money Is in NFTs (TheStreet)
  3. September Almanac: DJIA, S&P 500 & NASDAQ Worst Month of Year (Almanac Trader)
  4. The electric vehicle boom is pay-dirt for factory machinery makers (Reuters)
  5. Yellen backs reappointing Powell as Fed chair – Bloomberg (Reuters)
  6. 10 Best Dividend Stocks Hedge Funds are Buying (Insider Monkey)
  7. Michael Burry’s Pretty Big Short Hinges on Treasuries Sinking (Bloomberg)
  8. China Allows Couples Third Child Amid Demographic Crisis (Bloomberg)
  9. Cheap Oil Stocks Lure Investors Even in an ESG-Conscious World (Bloomberg)
  10. Michael Burry’s Pretty Big Short Hinges on Treasuries Sinking (Bloomberg)
  11. A Long Term Look: Residential Building Permits and Housing Starts (Advisor Perspectives)
  12. Al Gore’s Investment Firm Made Big Bets in Alibaba and Intel Stock (Barron’s)
  13. Macy’s and Kohl’s show signs of a comeback, but the threat of Amazon looms large (Fortune)
  14. The world needs a proper investigation into how covid-19 started (The Economist)
  15. Missed Monterey Car Week? Here’s What Happened at the World’s Premier Auto Show (Robb Report)
  16. Forget Supersonic. This Hypersonic Jet Can Fly From NYC to London in Under an Hour. (Robb Report)
  17. Zillow, Other Tech Firms Are in an ‘Arms Race’ To Buy Up American Homes (Vice)
  18. The fastest accelerating electric cars in the world (Tech Radar)
  19. How to Remember What You Read (Farnam Street)
  20. The Best Restaurants to Eat in Paris Right Now (Town & Country)

Be in the know. 20 key reads for Saturday…

  1. Intel Had Made Some Bold Moves. It Still Has a Long Way to Go, Analyst Says. (Barron’s)
  2. 2 Undervalued Streaming Stocks (Morningstar)
  3. Manny Paquiao’s future: Politics, cryptos, hydrogen water after Ugás fight (Fox Business)
  4. Spotify Has Confidence in Its Stock. Investors Should Have More, Too (Barron’s)
  5. Inflation Is Likely to Heat Up Under Senate Budget Plan (Barron’s)
  6. Would You Have Found Berkshire Hathaway in 1975? Morningstar)
  7. The Covid Threat Is Here to Stay. What That Means for Drugmakers. (Barron’s)
  8. These 10 Standout Stocks Could Be the Next Amazon (Barron’s)
  9. Oil’s Losing Streak Extends to 7 Days. Some See a Rebound Coming. (Barron’s)
  10. Chinese Stocks Slide as Crackdown Shows No Sign of Abating (Wall Street Journal)
  11. Jack Ma’s Costliest Business Lesson: China Has Only One Leader (Wall Street Journal)
  12. Give Her 50 Minutes. She’ll Play 18 Holes Under Par. (Wall Street Journal)
  13. Amazon Plans to Open Large Retail Locations Akin to Department Stores (Wall Street Journal)
  14. Elon Musk unveils humanoid ‘Tesla bot’ that some call a ‘head-scratcher’ (New York Post)
  15. Kansas City Fed Shifts Jackson Hole Symposium to Virtual Event (Bloomberg)
  16. Delta Case Wave in U.S. Northeast May Be Nearing Its Peak (Bloomberg)
  17. China mulls requiring US IPO hopefuls to hand over their data amid a crack down on overseas listings, report says (Business Insider)
  18. Full approval for Pfizer Covid vaccine could come from FDA Monday, report says (CNBC)
  19. S. natural gas net trade is growing as annual LNG exports exceed pipeline exports (EIA)
  20. Here We Go Again… (investoramnesia)

Be in the know. 15 key reads for Friday…

  1. China passes major data protection law as regulatory scrutiny on tech sector intensifies (CNBC)
  2. AstraZeneca Seeks Approval of Landmark Antibody Drug Preventing Covid Symptoms (Barron’s)
  3. The Delta variant has derailed the speed of the economic recovery and will prompt the Fed to delay tapering plans, Guggenheim’s Minerd says (Business Insider)
  4. 4 Healthcare Stocks That Analysts Love (Barron’s)
  5. BlackRock calls for investors to lift allocations to China’s markets (Financial Times)
  6. Chinese regulators meet with developer Evergrande as scrutiny on real estate grows (CNBC)
  7. Here’s why the ultra-wealthy like Bill Gates and Thomas Petterfy are investing in U.S. farmland (CNBC)
  8. Ark’s Cathie Wood Says the Stock Market ‘Couldn’t Be Further Away From a Bubble.’ Here’s Why. (Barron’s)
  9. Intel CEO Calls Chip Maker ‘Willing Buyer’ as Semiconductor Industry Consolidates (Wall Street Journal)
  10. CVS, Walgreens Look for Sales Bump From Covid-19 Boosters (Wall Street Journal)
  11. China Passes One of the World’s Strictest Data-Privacy Laws (Wall Street Journal)
  12. The Dream Cars of the Car Designers (New York Times)
  13. Exclusive-China eyes pushing U.S. IPO-bound firms to hand over data control-sources (Yahoo! Finance)
  14. Billionaire John Paulson Goes Big on These 2 High-Yield Dividend Stocks (Yahoo! Finance)
  15. Biggest Tax Hike on Wealthy Since ‘93 Is Bogged Down in U.S. Congress (Bloomberg)

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: barchart

Today some institution/fund purchased 4,910 contracts of Jan 2023 $170 strike calls (or the right to buy 491,000 shares of Alibaba Group Holding Limited (BABA) at $170). The open interest was just 856 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”

Be in the know. 20 key reads for Thursday…

  1. Baidu’s $1bn bond draws strong demand despite China tech crackdown (Financial Times)
  2. Tencent Earnings Good Enough to Forget Regulatory Woes for One Day (Barron’s)
  3. Dogecoin Alone Accounted For 62% Of Crypto Revenue For Robinhood In Q2 (Benzinga)
  4. Fed would make ‘very serious mistake’ tapering this year, analyst says (Fox Business)
  5. Most Fed officials believe stimulus could start winding down this year (Financial Times)
  6. 5 Raymond James Analyst Favorite Stocks Look Safe and Pay Big, Dependable Dividends (24/7 Wall Street)
  7. US consumers flock to the shops despite spread of Delta variant (Financial Times)
  8. Why Jim Cramer Is Bullish On Disney At Current Levels: ‘The Greatest Story Ever Told’ (Benzinga)
  9. Philly Fed factory index falls in July to lowest since December (Reuters)
  10. Ray Dalio, Al Gore, and 8 other Alibaba investors may have seen $1.4 billion wiped off their stakes this quarter. Ken Fisher, Jeremy Grantham, Bill Miller, and Steve Cohen were also shareholders as of June 30. (Business Insider)
  11. Soaring demand for the world’s least-liked commodity sees coal prices jump 106% this year (CNBC)
  12. Anxiety Ripples Through Markets Worried About China and Covid (Bloomberg)
  13. Contrarian Investors Should Love Emerging Markets (Bloomberg)
  14. China Tech Rout Deepens as New Regulations Mulled; Alibaba Dives (Bloomberg)
  15. Bilibili Beats Views, But Long Stock Slide Continues (Investor’s Business Daily)
  16. Rowe Price CEO Leads With His Top 10 List (Investor’s Business Daily)
  17. XPeng Is Quadrupling Capacity. It Expects to Sell More Electric Vehicles. (Barron’s)
  18. Tencent to Work With Chinese Regulators to Limit Minors’ Online Game Time (Wall Street Journal)
  19. Officials debated timing, mechanics of plans to reduce $120 billion in monthly bond purchases at July meeting, minutes show (Wall Street Journal)
  20. Amazon Plans to Open Large Retail Locations Akin to Department Stores (Wall Street Journal)