Tag: StockMarket

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: barchart

Today some institution/fund purchased 1,294 contracts of March 2022 $200 strike calls (or the right to buy 129,400 shares of Alibaba Group Holding Limited (BABA) at $200). The open interest was just 198 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”

Be in the know. 30 key reads for Thursday…

  1. China’s powerful internet regulator flexes muscles with Didi probe: “China’s policy remains unchanged. We continue to open up and support the development of internet platforms and we will continue to encourage Chinese companies to engage in international exchanges and cooperation,” foreign ministry spokesman Wang Wenbin said. (Reuters)
  2. Tampa Bay Lightning close out Montreal Canadiens in Game 5 to win second straight Stanley Cup (ESPN)
  3. Growth worries, Chinese tech rout set to drag Wall St lower (Reuters)
  4. China signals easier monetary policy, reviving worries about weaker growth (CNBC)
  5. How Laura Alber Varnished Williams-Sonoma With Success (IBD)
  6. Beijing’s Regulatory Plans Could Hurt U.S.-Listed Chinese Companies. The Pitfalls Investors Need to Know. (Barron’s)
  7. China and the U.S. Share a Long History—Sometimes as Friends (Barron’s)
  8. Why the Manager of an Eclectic $17B Value Fund Thinks Facebook and Citi Stock Are Deals (Barron’s)
  9. FDA Narrows Its Label on Biogen’s Alzheimer’s Drug a Month After Approving It (Barron’s)
  10. Mortgage Applications Are Stuck at May 2020 Levels. Here’s Why. (Barron’s)
  11. S. Treasury Yields Extend Steep Decline (Wall Street Journal)
  12. Delta Covid-19 Variant Is Dominant U.S. Strain, CDC Data Show (Wall Street Journal)
  13. Americans Can Travel to Europe Again. Here’s How to Get Around. (Wall Street Journal)
  14. 3M workers remain on jobless benefits as weekly claims tick up to 373K (New York Post)
  15. Jeffrey Katzenberg has ‘work’ to do in Sun Valley as power players mingle (New York Post)
  16. Dozens of states sue Google alleging antitrust violations (New York Post)
  17. COVID-19 pandemic destroyed 22M jobs and many aren’t coming back: OECD (New York Post)
  18. Fed officials were divided over inflation risks and bond-buying when they met in June. (New York Times)
  19. Tokyo organizers say Olympics to be held without fans due to COVID-19 (USA Today)
  20. Bonds Lead Rethink on Reflation as Central Banks Signal Support (Bloomberg)
  21. Manhattan’s Apartment Glut Eases as Renters Race to Sign Leases (Bloomberg)
  22. The New Ducati Monster May Look Different, But It’s Better Than Ever (Bloomberg)
  23. S. Mortgage Rates Slide to Lowest Since February at 2.9% (Bloomberg)
  24. OPEC+ spat is likely to be resolved ‘sooner rather than later’: Energy analyst (CNBC)
  25. Now May Be a Good Time to Buy Mortgage Stocks (Wall Street Journal)
  26. Walgreens expands same-day prescription delivery service to nearly all U.S. locations (MarketWatch)
  27. Wheels Up wants to be ‘Uber of the sky,’ CEO says (Fox Business)
  28. Spending Rotated From Goods to Services in June, Travel Spending Improving in Early July – BofA (Street Insider)
  29. 5 Blue Chip Stocks to Buy With Huge Dividends as Interest Rates Plunge (24/7 Wall Street)
  30. Beijing asked Didi to change mapping function over security fears (Financial Times)

Be in the know. 20 key reads for Wednesday…

  1. When Will China Rule the World? Maybe Never (Bloomberg)
  2. Alibaba’s Position In E-Commerce, Cloud Stronger Than Feared By Wall Street, Says Analyst (Benzinga)
  3. 11 Quality Stocks That Are Relatively Cheap (Barron’s)
  4. Why This Value Manager Thinks Facebook and Citi Stock Are Deals (Barron’s)
  5. It’s Time to Buy Europe’s Underperforming Oil Sector, Broker Says (Barron’s)
  6. 5 Stock Picks to Play the Back-to-School Shopping Season (Barron’s)
  7. All Eyes Are on the Fed After Friday’s Strong Jobs Report (Barron’s)
  8. China Targets Firms Listed Overseas After Launching Didi Probe (Wall Street Journal)
  9. Small-Cap Stocks Look to Extend Winning Streak (Wall Street Journal)
  10. Milton Friedman Knew China Needed More Than Markets (Wall Street Journal)
  11. For China’s Business Elites, Staying Out of Politics Is No Longer an Option (New York Times)
  12. Expect Lower Credit Standards, More Risk From Housing Authority (Wall Street Journal)
  13. China Considers Closing Loophole Used by Tech Giants for U.S. IPOs (Bloomberg)
  14. How the world’s fastest man Usain Bolt mentally prepares for a race (CNBC)
  15. Supermarkets Are Stockpiling Inventory as Food Costs Rise (Wall Street Journal)
  16. Cash Is Good for Green Energy but a Grid Authority Is Better (Wall Street Journal)
  17. Should You Invest in Chinese Companies After China’s Didi Crackdown? (Bloomberg)
  18. Royal Dutch Shell to increase shareholder distributions (MarketWatch)
  19. BigCommerce (BIGC) Teams with Amazon Multi-Channel Fulfillment To Help Merchants Process Orders Faster (Street Insider)
  20. China moving in the ‘wrong direction’ under Xi: Jon Hilsenrath (Fox Business)

Be in the know. 14 key reads for Tuesday…

  1. J&J (JNJ) Vaccine Generated ‘Strong and Persistent Activity’ Against Delta Variant, Immune Response Lasting at Least 8 Months (Street Insider)
  2. As Jeff Bezos Steps Down, a New Era Begins for Amazon (Barron’s)
  3. Retail Investors Power the Trading Wave With Record Cash Inflows (Wall Street Journal)
  4. China Widens Data-Security Probe of U.S.-Listed Tech Companies (Wall Street Journal)
  5. Oil and Dollars: Why the UAE Is Risking a Falling-Out With OPEC+ (Bloomberg)
  6. VW Hands Control of Bugatti to Croatian EV Maker and Porsche (Bloomberg)
  7. Biden Officials Urge OPEC Members to Find Output Compromise (Bloomberg)
  8. Didi Shows All Chinese Tech Giants Must First Answer to Beijing (Bloomberg)
  9. The honeymoon is over for streaming services: Here’s where the major players stand (CNBC)
  10. Cash-laden companies are on a mergers and acquisitions spree (Fox Business)
  11. Scion of Richest Thai Family Preps for Distressed Debt Bonanza (Bloomberg)
  12. Exclusive: EU’s Vestager warns Apple against using privacy, security to limit competition (Street Insider)
  13. Keystone XL pipeline owner seeks $15B in damages after Biden decision to block permit (Fox Business)
  14. Tech Firms Threaten to Quit Hong Kong Over Data Law Plan (Wall Street Journal)

Be in the know. 20 key reads for Monday…

  1. Opinion: These 15 stocks — June’s biggest losers — could become July’s winners (MarketWatch)
  2. What to Watch This Week: Fed Minutes, Levi’s Earnings (Barron’s)
  3. European Dividends Are on the Mend (Barron’s)
  4. China Orders Didi’s Ride-Hailing App Removed From App Stores. Didi said current users who had already downloaded the app wouldn’t be affected by the move. Didi promised to “conscientiously rectify” the issues. (Barron’s)
  5. Why Index Funds Often Buy Stocks Like Tesla High and Sell Low (Barron’s)
  6. The 5 Worst Performing Retail Stocks of 2021 So Far (Barron’s)
  7. Sun Valley’s billionaire ‘summer camp’ is back after a virus-induced break (New York Post)
  8. A Whopper of a Stock Buy at Burger King’s Parent (Barron’s)
  9. Roger Federer’s Gift to Tennis: A Shot That Players Love to Hit (New York Times)
  10. Joey Chestnut wins 14th Nathan’s Famous Fourth of July Hot Dog Eating Contest with record 76 franks (USA Today)
  11. Plastic Makers Reel on Soaring Oil Costs and Rising Competition (Bloomberg)
  12. More Than 3.19 Billion Shots Given: Covid-19 Tracker (Bloomberg)
  13. OPEC+ Crisis Deepens as Saudi Arabia Refuses to Budge (Bloomberg)
  14. COLUMN-OPEC+ stumbles, but an eventual compromise may be bearish for crude: Russell (Reuters)
  15. Universal Takes Top Three Spots At Domestic Box Office (Bloomberg)
  16. China’s economy sees new pockets of growth in rising shopping trends (CNBC)
  17. U.S.-Stock Funds Are Up 16% for the Year as Cash Flows In (Wall Street Journal)
  18. The Case for and Against Investing in Emerging Markets Now (Wall Street Journal)
  19. Explaining ‘Bad News for the Economy Is Good News for the Stock Market’ (Wall Street Journal)
  20. Investors Don’t See End to Record-Breaking Equity Rally Just Yet (Bloomberg)