Month: February 2024

Traders Buy Tesla ETF

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🚗 🚘 Tesla Inc.’s slide to the lowest level since May attracted a wave of bullish option buying not in the stock itself, but with an exchange traded fund that offers more leverage
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Alibaba: Fasten Your Seatbelts

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🇨🇳 🇨🇳 Alibaba’s 75% tumble from a 2020 record high has driven its valuation to an all-time low. The derivatives market indicates further pain, with the options skew showing increased bearishness ahead of Alibaba’s earnings report due Wednesday
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UK Retail Sales Slow

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🇬🇧 🇬🇧 UK retail sales slowed at the start of the year as consumers tightened their purse strings in another sign of tepid economic demand
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AUD Rallies As RBA Stays On Hold

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🇦🇺 🇦🇺 BREAKING: AUD/USD – Rallies As RBA Stays On Hold, Sounds Cautious On Rates
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Chubb Hits All-Time High

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🔐 🔐 Chubb hit an all-time high today. The stock is up 9.5% in a month
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Wall Street Snubs China For India

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🇨🇳 🇮🇳 BREAKING: A momentous shift is under way in global markets as investors pull billions of dollars from China’s sputtering economy. Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc. and Morgan Stanley endorsing the South Asian nation as the prime investment destination for the next decade
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Patek Philippe Raises Prices

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🚨 🚨 Alternative Investment: Patek Philippe SA, the family-owned Swiss brand coveted by high-end watch collectors, raised prices across its model lines, bucking an industry trend toward slowing the rate of increases
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Europe Property: Portugal Has Peaked

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🇵🇹 🇵🇹 Home prices in Portugal, one of Europe’s hottest property markets, have started to slow in recent quarters and have likely peaked, according to DBRS Morningstar
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Buffalo New York: Hottest Housing Market

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🏠 🏠 Buffalo, New York is projected to be the hottest housing market of 2024, according Zillow
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Blackstone Looks To Buy L’Occitane

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🇫🇷 🇫🇷 Blackstone Inc. is considering a bid for skin-care company L’Occitane International SA. Blackstone is considering the possibility of teaming up with L’Occitane’s billionaire chairman Reinold Geiger on a buyout
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