Daily Market Brief

Tuesday July 9, 2024

Relevant Links

• BIDU is up +10% in two trading days. This was flagged in the Boing Boing Monitor. This was a +102% return on the SEP calls.

• TSM AST Swing Alert Closed - +90% Return on the DITM calls.

• Powell Notes Process on Inflation (Barrons)

We’ve been hitting BIG wins on all 4 stock monitors to start the second quarter and that Boing Boing Monitor just gave BIDU 0.00%↑ you an easy 10% on the shares or 100% on the ATM calls!

There is a big meeting next week in China that matters and you better believe the funds, brokers/dealers and research firms that cover China are paying attention. Most of this move on those names is positioning for that despite what your local X guru tries to shill to you as “call sweeps” - there’s money flowing there and it’s worth the attention.

I put an allocation in the fund on BABA 0.00%↑ yesterday and plan to hold that for at least the next 9-12 months .

Moving on….

A new AST Alert was issued today.