Be in the know. 30 key reads for Wednesday…

  1. Pfizer Says Its Covid-19 Pill Likely Works Against Omicron (wsj)
  2. China adds new incentives for banks to lend to small businesses (reuters)
  3. Investors Are Most Bullish on Dollar Since 2015, BofA Says (bloomberg)
  4. Campbell Is Getting Warmer (wsj)
  5. Central Bankers Are the Biggest Risk to Stocks in 2022, Survey Finds (bloomberg)
  6. Even when the Fed starts hiking rates, stocks could keep rising for 10 months, according to Deutsche Bank (fortune)
  7. The “New Energy Economy”: An Exercise in Magical Thinking (manhattan-institute)
  8. Here’s Why Stocks Are 80% Likely To Jump Again Next Year (investors)
  9. 5 Stocks to Hide Out in During Fed-Related Volatility (barrons)
  10. Why Wall Street Isn’t Freaking Out Over Omicron (barrons)
  11. China’s Factories Keep Running as Domestic Economy Slows Down (barrons)
  12. Nike Is Entering the Metaverse. What’s Ahead for Investors. (barrons)
  13. China’s Anti-Monopoly Crackdown Is Just an Excuse (barrons)
  14. Millennials Are Supercharging the Housing Market (wsj)
  15. Sears, Struggling to Sell Goods, Markets a Valuable Asset: Real Estate (nytimes)
  16. Cash Glut in Eurozone Drives Dollar Demand (wsj)
  17. China’s Economy Needs More Help (wsj)
  18. How Is Omicron Affecting Air Travel? (wsj)
  19. Boeing on Track to Double Aircraft Deliveries in 2021 (barrons)
  20. Boeing (BA) November Orders/Deliveries ‘Somewhat Encouraging’ but Still Lagging Airbus – Cowen (streetinsider)
  21. Disney (DIS) Stock Selling Overdone Says Morgan Stanley and Sees Over 20% Upside (streetinsider)
  22. S. Retail Sales Climbed by Less Than Forecast in November (bloomberg)
  23. The Big Read. Elon Musk: Interview with FT’s Person of the year (ft)
  24. Investors pour billions of dollars into inflation-linked assets (ft)
  25. US to extend China blacklist by 8 more companies (foxbusiness)
  26. Trader Bet $65 Million in Options on Stock Rebound Into Holiday (bloomberg)
  27. China’s Economic Slump Fuels Calls for More Stimulus (bloomberg)
  28. Sinovac Study Spurs Bets on Further China Policy Easing (bloomberg)
  29. China’s Surging Currency Is a False Signal (bloomberg)
  30. The Pro-Immigrant Case Against Noncitizen Voting (Michael Bloomberg)

Unusual Options Activity – Teva Pharmaceutical Industries Limited (TEVA)

Data Source: barchart

Today some institution/fund purchased 12,780 contracts of June $14 strike calls (or the right to buy 1,278,000 shares of Teva Pharmaceutical Industries Limited (TEVA) at $14). The open interest was 8,454 prior to this purchase. Continue reading “Unusual Options Activity – Teva Pharmaceutical Industries Limited (TEVA)”

Be in the know. 20 key reads for Tuesday…

  1. Huawei, Tencent lose cloud market share as Alibaba, Baidu extend their lead, report shows (scmp)
  2. Pfizer says final data from late-stage trial of COVID-19 antiviral shows it reduces risk of hospitalization or death by 89% (marketwatch)
  3. Goldman Sachs Says 3 Aerospace and Defense Stocks May Be the Best Offense in 2022 (247wallst)
  4. Wall Street Gets Increasingly Bullish on China (bloomberg)
  5. Stocks’ Rough Patch Could End Soon. The Fed’s Next Move May Be Priced In. (barrons)
  6. The Fed Meeting Could Be D-Day for Bitcoin and Other Cryptos (barrons)
  7. How a $6 Bass Pro Shops Hat Became a Fashion Trend (wsj)
  8. Red-Hot Chip Stocks Are Cooling (bloomberg)
  9. Fund managers dash for cash ahead of Fed decision (marketwatch)
  10. Pfizer Stops 70% Omicron Hospitalizations in South Africa Study (bloomberg)
  11. Mariah Carey’s ‘Queen of Christmas’ Crown Is Worth Far More Than the Royalties (bloomberg)
  12. Wholesale prices measure rises 9.6% in November from a year ago, the fastest pace on record (cnbc)
  13. Fed taper will have little impact on Asia markets, UOB strategist says (cnbc)
  14. The Fed will halt asset purchases by March and hike rates in June, CNBC survey predicts (cnbc)
  15. These are the 50 top stocks that members of Congress own (businessinsider)
  16. Opinion: Odds of being a stock market winner in 2022 are in your favor for this one big reason (marketwatch)
  17. White House scrambles to salvage $1.75tn Build Back Better bill by Christmas (ft)
  18. Patrick Drahi’s Altice raises stake in BT to 18% (ft)
  19. Fed Meeting: Stock Market Ready For Faster Taper — But Not This (investors)
  20. Goldman, Morgan Stanley Say Any Drop in Stocks Likely to Be Small (yahoo)