Be in the know. 18 key reads for Monday…

  1. The coming commercial real estate crash that may never happen (cnbc)
  2. Micron Stock Jumps as Samsung Cuts Chip Output. Why the Sector Is Poised to Rebound. (barrons)
  3. Ford and GM Stock Are ‘Exceptionally Undervalued,’ Says Value-Investing Star (barrons)
  4. Here are Goldman’s 4 things to watch for as gloomiest earnings season since pandemic begins (marketwatch)
  5. Investors looking for further proof of a ‘credit crunch’ just got it, says this strategist. (marketwatch)
  6. Investors View Corporate Earnings Season as Next Test for Stocks (wsj)
  7. Argus adds Intel (INTC) stock to its Focus List, sees it as a ‘deep-value opportunity’ (streetinsider)
  8. The Video Streaming Numbers Game Is Shifting (wsj)
  9. China’s first batch of shares under new IPO system surge in debut (reuters)
  10. Occidental Plans to Suck Carbon From the Air—So It Can Keep Pumping Oil (wsj)
  11. Bond Market Is Overplaying the Risk of a Deep Recession (bloomberg)
  12. Most of Wall Street is panicking about commercial real estate – but Goldman Sachs says there’s little chance it triggers a financial crisis (businessinsider)
  13. A $1.5 Trillion Wall of Debt Is Looming for US Commercial Properties (bloomberg)
  14. What Commercial Real Estate Stress Means for Banks and Bond Funds (bloomberg)
  15. Apple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer Makers (bloomberg)
  16. Taiwan Says China Military Drills Similar to Pelosi Response (bloomberg)
  17. Jon Rahm Comes Back From Behind to Win Masters at Augusta (bloomberg)
  18. An under-the-radar stock market indicator is pointing to more gains ahead (businessinsider)

Be in the know. 15 key reads for Easter…

  1. 10 Best Golf Hotels in the World (mensjournal)
  2. Tim Cook on Shaping the Future of Apple (gq)
  3. OPEC production cut won’t be a major issue for markets, says Wharton’s Jeremy Siegel (cnbc)
  4. Is UBS the new Swiss government (bond)? (ft)
  5. Campbell’s Enticing Future in Snacks (wsj)
  6. Exxon Mobil: Eyes on the Permian Prize (wsj)
  7. Corporate Earnings Season Seen as Next Test for Stocks (wsj)
  8. Meet The World’s Richest Self-Made Woman (forbes)
  9. How the Human Genome Project revolutionised biology (economist)
  10. Does Ben Affleck’s Movie ‘Air’ Add To The Lore Of Michael Jordan’s Shoe Legacy? Here’s What The Reviews Say (digg)
  11. Alibaba reportedly launching ChatGPT rival at Cloud Summit next week (technode)
  12. History of Banking Crises Holds a Warning for Jay Powell (bloomberg)
  13. Inside the underwater cables powering the economy (npr)
  14. This surprise Masters contender’s unorthodox swing? Here’s why it works (golf)
  15. What’s Happening in EM: The Carry Trade’s Comeback (Podcast) (bloomberg)

Be in the know. 25 key reads for Saturday…

  1. S. Bank Deposits Fall For 10th Straight Week (investors)
  2. Most of Wall Street is panicking about commercial real estate – but Goldman Sachs says there’s little chance it triggers a financial crisis (businessinsider)
  3. March’s Decent Jobs Report Suggests One More Fed Rate Hike (barrons)
  4. Adidas Stock Had a Rough Go With Kanye. Now It’s Making a Comeback. (barrons)
  5. Walgreens CEO Rosalind Brewer Bought Up Shares (barrons)
  6. March Jobs Report Shows Hiring Gradually Cooling (wsj)
  7. What Happened When Uber’s CEO Started Driving for Uber (wsj)
  8. NYC teen caught climbing the Williamsburg Bridge has scaled 100-plus structures (nypost)
  9. US investors increase investments in foreign equities (ft)
  10. Death of business travel has been greatly exaggerated (ft)
  11. The bond market is warning that something is broken and that the Fed has done enough, market veteran Ed Yardeni says (businessinsider)
  12. Goldman Sachs: These 29 stocks are poised for higher profits this year than anyone on Wall Street expects (businessinsider)
  13. What’s the Future for A.I.? (nytimes)
  14. How Does ChatGPT Really Work? (nytimes)
  15. How Should I Use A.I. Chatbots Like ChatGPT? (nytimes)
  16. What Makes A.I. Chatbots Go Wrong? (nytimes)
  17. Charting the Global Economy: US Job Growth Cools; Oil Up on OPEC (bloomberg)
  18. Masters 2023 leaderboard: Tiger Woods’ second round resumes, live updates Saturday at Augusta (usatoday)
  19. America Is Back in the Factory Business (wsj)
  20. The Business Genius in ‘Air’ Isn’t Michael Jordan (wsj)
  21. Danny Meyer, Founder of Shake Shack — How to Win, The Art of The Graceful “No,” Overcoming Setbacks, The 6 Traits of Exceptional People, The 4 Quadrants of Performance, Lessons from Hospitality Excellence, and More (#665) (Tim Ferriss)
  22. The 10 Best Companies to Invest in Now (morningstar)
  23. 33 Undervalued Stocks (morningstar)
  24. Titans Of Industry with Nelson Peltz and Steve Wynn (youtube)
  25. The Seven Virtues of Great Investors (jasonzweig)

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: Barchart

On Friday some institution/fund purchased 6,073 contracts of Dec. 2023 $160.00 strike calls (or the right to buy 607,300 shares of Alibaba Group Holding Limited (BABA) at $160.00). The open interest was just 4,025 prior to this purchase.

Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”

Be in the know. 15 key reads for Good Friday…

  1. US job growth slows in March as economy adds 236,000 new positions. US economy adds 236,000 jobs in March, slowest pace of growth in over 2 years (foxbusiness)
  2. REITs Are Battered. It Could Be Time to Nibble on a Few. (barrons)
  3. Alibaba Touts ChatGPT Challenger Ahead of Main Event (bloomberg)
  4. Amid warnings for the sector, these 11 commercial REIT stocks are loved by analysts, who see upside of up to 47% (marketwatch)
  5. ‘Take a deep breath’: Jamie Dimon says banking crisis raises risk of recession, but it’s not 2008 all over again (marketwatch)
  6. Latest Fed Increase Came Down to the Wire. ‘That Was a Rough Weekend.’ (wsj)
  7. The Sizzling Snooze of Golf Star Scottie Scheffler (wsj)
  8. Google CEO Sundar Pichai Says Search to Include Chat AI (wsj)
  9. Declines in Loan Values Are Widespread Among Banks (wsj)
  10. Bosses Want Hard Workers—So They’re Hiring Older People (wsj)
  11. Schwab Reveals $53 Billion in New Client Assets in March, Seeking to Calm Investors (bloomberg)
  12. Macron Urges Xi to Bring Putin ‘Back to Reason’ Over Ukraine (bloomberg)
  13. Global Food Costs Mark One Year of Drops, at Odds With Inflation (bloomberg)
  14. NFT Sales Collapse As “Crypto Bros” Rein In Luxury Spending (zerohedge)
  15. China’s stocks hit one-month high on rising turnover, policy support (scmp)