Tag: StockMarket

Unusual Options Activity – Alibaba Group Holding Limited (BABA)

Data Source: barchart

Today some institution/fund purchased 1,712 contracts of June 2022 $410 strike calls (or the right to buy 171,200 shares of Alibaba Group Holding Limited (BABA) at $410).   The open interest was 857 prior to this purchase. Continue reading “Unusual Options Activity – Alibaba Group Holding Limited (BABA)”

Be in the know. 40 key reads for Friday…

  1. Ant Is Addressing Regulators’ Demands. What Proposed Changes Could Mean for China’s Big Tech Valuations. (Barron’s)
  2. This Biotech Is Editing Genes Inside the Body. What It Means for the Stock. (Barron’s)
  3. Nearly 3.4M workers remain on jobless benefits despite drop in weekly claims (New York Post )
  4. Nike Earnings Beat Expectations. Why Its Stock Is Jumping. (Barron’s)
  5. Banks Pass the Fed’s Stress Tests. It’s Buyback Time. (Barron’s)
  6. Citigroup: From Laggard to Leader? (Barron’s)
  7. Biden Says an Infrastructure Deal Has Been Reached. Here’s What It Means for Stocks. (Barron’s)
  8. Will Fed tapering concerns derail the rising stock market? ‘Investors should look past it,’ says one strategist. (MarketWatch)
  9. 5 Things We Learned From This Week’s Big SPAC Conference (Barron’s)
  10. Merrill Lynch’s Raj Bhatia: ‘One Face-to-Face Meeting Is Worth More Than 100 Emails’ (Barron’s)
  11. Your NFT Sold for $69 Million—Now What? Beeple Turns to a New Project, and Old Masters. (Wall Street Journal)
  12. Didi Sets Valuation Target of $62 Billion to $67 Billion in IPO (Wall Street Journal)
  14. The Economic Recovery Is Here. It’s Unlike Anything You’ve Seen. (Wall Street Journal)
  15. 4,368 Episodes Later, Conan O’Brien’s Late-Night Run Ends (Wall Street Journal)
  16. Fed’s Williams Says More Progress Needed Before Rate-Hike Shift (Wall Street Journal)
  17. Eli Lilly to Seek FDA Approval for Alzheimer’s Drug (Wall Street Journal)
  18. ‘F9: The Fast Saga’ Review: Furiouser and Curiouser (Wall Street Journal)
  19. FedEx to Ramp Up Spending to Ease Delivery Delays (Wall Street Journal)
  20. Hospital Stocks’ Rally Points to Post-Covid Growth (Wall Street Journal)
  21. Fed Gives Big Banks Clean Bill of Health in Latest Stress Test (Wall Street Journal)
  22. Bond Anomalies Have Been Around Since Napoleon (Bloomberg)
  23. Wall Street Binges on Volatility Hedges as Stocks Hit Records (Bloomberg)
  24. Apple’s Car Obsession Is All About Taking Eyes Off the Road (Bloomberg)
  25. Iran Misses Deadline to Renew Nuclear Monitoring Pact With IAEA (Bloomberg)
  26. Virgin Galactic jumps 12% after getting the green light from the FAA to fly passengers to space (CNBC)
  27. Cramer’s lightning round: ‘I want to buy the stock of Verizon’ (CNBC)
  28. Elon Musk says he will debate Jack Dorsey about bitcoin, after criticizing the token’s energy use (Business Insider)
  29. These 30 stocks are the best dividend income growers among the S&P 500 (MarketWatch)
  30. U.S. consumer spending takes a breather in May (Reuters)
  31. Roche’s arthritis drug gets authorized as COVID-19 treatment for the severely ill (MarketWatch)
  32. Netflix upgraded to Outperform from Neutral at Credit Suisse (TheFly)
  33. Natgas Futures Hit 29-Month High Amid Heat Wave (ZeroHedge)
  34. All 23 US Banks Easily Pass Fed’s Stress Test, Setting Stage For Billions In Buybacks (ZeroHedge)
  35. Paris Air Show Reveals Increasing Demand for Boeing (BA) MAX and China Recert Likely in 3Q – Morgan Stanley (StreetInsider)
  36. Eli Lilly (LLY) Surges After Getting Breakthrough Therapy Designation From FDA, Analyst Raises PT and Sees Approval Chance at 90%, Biogen (BIIB) Plunges (Street Insider)
  37. Hershey Foods’ (HSY) Jet Spotted in Buffett’s Backyard – Analyst (StreetInsider)
  38. Jefferies Says Jump On the Weakness in Three Top Gaming Stocks and Buy Now (24/7 Wall Street)
  39. Here’s why Boeing’s stock will soar (Yahoo! Finance)
  40. Hedge funds rethink tactics after $12bn hit from meme stock army (FinancialTimes)

Be in the know. 30 key reads for Thursday…

  1. Jack Ma’s Ant in Talks to Share Data Trove With State Firms (Wall Street Journal)
  2. Lilly’s (LLY) donanemab receives U.S. FDA’s Breakthrough Therapy designation for treatment of Alzheimer’s disease (Street Insider)
  3. General Electric (GE) Approaching a Free Cash Flow Inflection Driven By Aviation – UBS (Street Insider)
  4. Vertex Pharma (VRTX) Approves $1.5B Buyback Program (Street Insider)
  5. SEC’s planned new ‘woke’ rules creating cost concerns for business leaders (FoxBusiness)
  6. Rates Are Still Low. Here Are 8 Large-Cap Stocks That Offer Income. (Barron’s)
  7. The Fed’s Stress Test Results Are Coming. All Eyes Are on Bank Stocks. (Barron’s)
  8. Berkshire Hathaway Appears to Have Bought Back $6 Billion of Stock in Quarter (Barron’s)
  9. India Warns About Delta Plus Covid-19 Variant (Barron’s)
  10. Economies Need Central Bank Digital Currencies More Than Bitcoin, Says Global Banking Watchdog (Barron’s)
  11. ViacomCBS, Roku Stock Jump on Report of Comcast M&A Speculation (Barron’s)
  12. Canadian Stocks Look Cheap, BofA Says. Why They Could Be Cyclical Superstars. (Barron’s)
  13. Prime Day Is Over. These 12 Stocks Are Still Good Deals. (Barron’s)
  14. The clearest evidence that Wall Street has no clue where Treasury yields are headed (MarketWatch)
  15. 5 BofA Securities US 1 List Stocks to Buy Now That Also Pay Very Dependable Dividends (24/7wallst)
  16. Biden and Senators Close In on Bipartisan Infrastructure Deal (New York Times)
  17. Emergency Landing for China’s Flying Pig Prices (Wall Street Journal)
  18. S. economy grew 6.4% in year’s first quarter, Commerce Department reiterates (MarketWatch)
  19. Jobless claims slip, but remain at elevated pandemic levels (Fox Business)
  20. Durable goods jump as transportation rebounds (Fox Business)
  21. OPEC+ Weighs Cautious Supply Hike as Oil Market Begs for Barrels (Bloomberg)
  22. How Home Builders Are Contributing to Housing Frenzy (Wall Street Journal)
  23. Big Win for Property Rights (Wall Street Journal)
  24. Xpeng (XPEV) Leaps After Receiving a Green Light From Regulators to Raise Up To $2 Billion in Hong Kong IPO (Street Insider)
  25. com (AMZN) Prime Day Sales Increase 7% Generating New Record – Morgan Stanley (Street Insider)
  26. Goldman Sachs Sees S&P 500 Dividend Growth Much Higher Than Market is Pricing (Street Insider)
  27. Lumber continues to skid below $900 with the commodity in free-fall from May highs (Business Insider)
  28. Tencent takes quiet path through China’s tech turbulence (Financial Times)
  29. Russian supply curbs exacerbate squeeze on European gas market (Financial Times)
  30. Carnival expects second-quarter losses of $2 billion, teases additional cruise restarts (MarketWatch)