Alibaba Health Soars 67%: Ambitious Plan to Reach 500 Million Users by 2029

🇨🇳 🇨🇳 Alibaba Health has climbed 67% over the last 12 months and aims to serve 500 million people within five years

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Gold: Get Ready For $3,500

Banks are increasingly confident that Trump’s disruptive trade policies, coupled with other concerns, will drive further gains in gold. This week, Macquarie Group forecast for a spike to $3,500 an ounce in the second quarter, while BNP Paribas SA raised its outlook to show average prices well above $3,000.

Bullion climbed to $2,990.21 an ounce, eclipsing all-time highs set on Thursday and earlier Friday.

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Alibaba: You Better Believe It

On March 13th, 2025, Alibaba saw 306,730 options contracts traded, with 66% being call options
Open interest totaled about 3.01 million contracts, which was 105.93% of the 30-day average

Overall sentiment among large traders is leaning bullish, with 49% bullish

Call options are consistently outpacing put options in daily trading volume, indicating bullish expectations

Notable activity includes:

•High volume in $155 call options expiring March 21, 2025

•Significant trades in $140 and $150 call options with various expiration dates

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Netflix’s Game-Changing Play: The Live Sports Revolution

🍿 📺 Netflix’s strategic entry into live sports is poised to drive exceptional growth, potentially pushing its stock to $1,200 per share. This move expands content offerings, unlocks new revenue streams, and cements Netflix’s dominance in entertainment

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S&P Closes In Correction Territory

Update: Dow Futures Up 200; S&P Up 38; Nasdsq Up 168

The S&P 500 just CLOSED in correction territory and the Nasdaq 100 is 7% away from its first bear market since 2022

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Crypto Funds See 4-Straight Weeks Of Outflows

Crypto funds saw -$876 million in outflows last week, the 2nd largest on record.
This was followed by a record -$3.0 billion outflow in the week before.

As a result, crypto funds experienced 4-straight weeks of outflows totaling -$4.8 billion.
Bitcoin funds alone saw -$756 million in outflows last week, one of the largest in history.

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JPMorgan: Worst of US equity correction likely over

🚨 🚨 The worst of the US equity correction may be over, with credit markets indicating a lower risk of recession, according to JPMorgan Chase & Co

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Market Sees June Rate Cut After Soft PPI Data

US SHORT-TERM INTEREST-RATE FUTURES STAY PRICED FOR JUNE FED RATE CUT AFTER UNEMPLOYMENT CLAIMS, PRODUCER PRICE DATA

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