Asian stocks set to advance amid dip in dollar
Asian stocks looked set to rise Thursday after U.S. shares rallied amid speculation that the economic recovery will weather temporary disruption from the omicron virus strain outbreak.
Futures for Japan and Hong Kong climbed. Australia rose and U.S. futures edged higher. The $S&P 500 Index(.SPX.US)$ is once again closing in on its record high, with sentiment aided by rising consumer confidence and home sales.
Europe's energy crisis is taking its toll on industrial giants
This year's energy crunch is so severe that gas prices surged more than 800%, while power costs jumped some 500%. And with the coldest months of the winter still ahead and Russia curbing gas supplies, there's no relief in sight.
The surge is exposing the region's biggest gas and power consumers to heavy losses, forcing industrial giants to cut production and threatening the economic recovery.
Options trading activity hits record powered by retail investors, but most are playing a losing game
A record of 39 million options contracts have traded daily on average this year, rising 35% from 2020. Retail investors now account for more than 25% of this trading activity. However, the majority of these small-time traders are buying the most basic call and put options, which have a much lower probability of profit compared with advanced strategies like options spreads.
"Everybody in the business knows that if you're only buying out-the-money calls, then you're likely going to lose money over time," said John Foley, CEO of Options AI.
FDA authorizes Pfizer's Covid treatment pill, the first oral antiviral drug cleared during the pandemic
The Food and Drug Administration granted emergency authorization Wednesday to $Pfizer(PFE.US)$'s Covid treatment pill, a major milestone that promises to revolutionize the fight against the virus.
The medication, which is recommended for people at a high risk of developing severe Covid-19, could be available to patients as early as this weekend.
Musk's 10% stake sale removes overhang, fueling Tesla rally
$Tesla(TSLA.US)$ rose after Chief Executive Officer Elon Musk said he's sold enough stock to make his total sales about 10%, removing a key overhang on its shares.
The electric-vehicle maker closed 7.5% higher, propelling its market value back above $1 trillion on Wednesday. Musk sold about $854 million worth of shares, according to the latest filings with the U.S. Securities & Exchange Commission.
Elon Musk: My wealth 'isn't some deep mystery.' My taxes are super simple
Musk’s comments were made in an interview with conservative satire site The Babylon Bee and follow comments from Sen. Elizabeth Warren earlier this month that suggested he wasn't paying taxes. The world's richest person said his wealth is fully transparent and isn't stashed in any offshore accounts or special tax vehicles to lower his obligations.
BAD ETF arrives for bets on stocks that markets may be shunning
In an ESG-obsessed investing world, BAD to capture areas of growth the market may be shunning most. The ETF will track companies that make most of their cash from selling alcohol or cannabis, casinos or gaming, and developing pharmaceutical products.
"We don't think social stigma should be a primary factor when it comes to deciding what's a good investment," said Tommy Mancuso, president and founder of the BAD Investment Company, which owns the EQM BAD Index that BAD will track.
Glenn Youngkin's win in Virginia stokes political dreams on Wall Street
The head of the world's largest hedge fund is eyeing one of Pennsylvania's Senate seats. Private-equity executives are weighing congressional runs in New Jersey and Wyoming. Over a recent dinner with Nikki Haley, a Texas investor gamed out a political future that could include a run for senator.
More than a decade after the 2008 crisis cast financiers as national villains and obstructed their glide path to Washington, the political calculus has flipped once again.
Source: Bloomberg, CNBC, WSJ

2021 is another year of violent volatility in the stocks markets globally just like 2020. All of us should therefore brace ourselves for a lot more in 2022 if this trend persists. China-theme Stocks are still relatively weak but I expect them to perform better in 2022 alongside US Stocks I wanted to provide some helpful technical charts, but the best chart by far(at least to me) is a chart of psychology, persuasion and perspective combined into one here:
Happy New Year 2022!
$Alibaba(BABA.US)$  $Futu Holdings Ltd(FUTU.US)$  $Futu Holdings Ltd(FUTU.US)$  $UP Fintech(TIGR.US)$  $Apple(AAPL.US)$  $NIO Inc(NIO.US)$  $Qualcomm(QCOM.US)$  $United Microelectronics(UMC.US)$  $Sea(SE.US)$  $Lucid Group(LCID.US)$  $Sono Group(SEV.US)$  $Rivian Automotive(RIVN.US)$  $JPMorgan(JPM.US)$  $Applied Materials(AMAT.US)$  $NVIDIA(NVDA.US)$  $Axon Enterprise(AXON.US)$  $Unity Software(U.US)$  $Grab Holdings(GRAB.US)$  $WeWork(WE.US)$  $Phunware(PHUN.US)$  $Digital World Acquisition Corp(DWAC.US)$  $Tuya Inc(TUYA.US)$  $Hippo Holdings(HIPO.US)$  $GOLDMAN SACHS FUTURE TECH LEADERS EQUITY ETF(GTEK.US)$  $Airbnb(ABNB.US)$  $DocuSign(DOCU.US)$  $MongoDB(MDB.US)$  $Pfizer(PFE.US)$  $Lam Research(LRCX.US)$  $Tencent(TCEHY.US)$  $Bilibili(BILI.US)$  $Snowflake(SNOW.US)$  $Micron Technology(MU.US)$  $Baidu(BIDU.US)$  $Stellantis NV(STLA.US)$  $General Motors(GM.US)$  $Ford Motor(F.US)$  $Robinhood(HOOD.US)$  $Advanced Micro Devices(AMD.US)$  $iShares Silver Trust(SLV.US)$  $ASML Holding(ASML.US)$  $Twitter (Delisted)(TWTR.US)$  $The Wendy's Co(WEN.US)$  $Bank of America(BAC.US)$  $Novavax(NVAX.US)$  $Virgin Galactic(SPCE.US)$  $BlackBerry(BB.US)$  $IBM Corp(IBM.US)$  $GE Aerospace(GE.US)$ $Nokia Oyj(NOK.US)$  $UiPath(PATH.US)$  $Roblox(RBLX.US)$  $XPeng(XPEV.US)$  $DiDi Global (Delisted)(DIDI.US)$  $Kratos Defense & Security Solutions(KTOS.US)$  $Activision Blizzard(ATVI.US)$  $ContextLogic(WISH.US)$  $SoFi Technologies(SOFI.US)$  $Etsy Inc(ETSY.US)$  $Snap Inc(SNAP.US)$  $Block(SQ.US)$  $Shopify(SHOP.US)$  $Cloudflare(NET.US)$  $Palantir(PLTR.US)$  $Taiwan Semiconductor(TSM.US)$  $PDD Holdings(PDD.US)$  $JD.com(JD.US)$  $Coinbase(COIN.US)$  $AMC Entertainment(AMC.US)$  $Disney(DIS.US)$  $Boeing(BA.US)$  $Netflix(NFLX.US)$  $Roku Inc(ROKU.US)$  $Uber Technologies(UBER.US)$  $Alphabet-A(GOOGL.US)$  $Meta Platforms(FB.US)$ 
So, you tell me what is the right way?!

$UP Fintech(TIGR.US)$ high short selling ratio almost 30% yesterday. Is management going to do something to protect its shareholders? if not I'm selling off instead of hopelessly holding. 

$Ethereum(ETH.CC)$ As the Federal Reserve appears to be poised to take a more hawkish stance on monetary policy (for now… maybe), especially in light of recent high inflation data, cryptocurrency investors seem to be rethinking how they’re allocating their money in the sector.
One would expect that to mean good news not just for the price of ether, the native token of the Ethereum network, but also for its layer 1 alternatives. Instead of a gold-like store of value (a chief value proposition for bitcoin), ether and its rivals represent bets on sophisticated platforms for building smart contracts, non-fungible tokens (NFTs), decentralized finance (DeFi) applications and other wizardry.
Nonetheless, the 90-day correlation coefficient of bitcoin $Bitcoin(BTC.CC)$ and ether is still a very high 0.84 and generally rising. That means they are increasingly moving in lockstep, though ether still outperforms bitcoin.
Part of the content is taken from Yahoo.

U.S. futures rise as traders mull Powell's pivot
U.S. equity futures rose and Asian stocks looked set for a muted start Wednesday as traders weighed Federal Reserve Chair Jerome Powell's comments that officials should consider a faster removal of stimulus.
Australian shares slipped, while contracts for Japan and Hong Kong pointed to a cautious open. The $S&P 500 Index(.SPX.US)$ slumped almost 2% overnight and measures of equity volatility jumped on the prospect of tightening monetary policy. The gap between yields on 5-year and 30-year U.S. Treasuries shrunk to the least since March last year.
Powell says Fed will discuss speeding up bond-buying taper at December meeting
Federal Reserve Chairman Jerome Powell said he expects policymakers in December to discuss accelerating the timetable for the tapering of monthly bond purchases. Speaking before a Senate panel, he said tapering could wrap up "a few months sooner" than anticipated. That would open the door to interest rate hikes thereafter.
Powell also said "it's probably a good time to retire" the word "transitory" to describe inflation.
U.S. may tighten travel rules to fight Omicron, CDC head says
The agency is looking measures such as narrowing the testing window for travelers into the country and adding quarantine requirements in certain cases, CDC Director Rochelle Walensky said Tuesday on a call with reporters. It's also expanding surveillance programs at four major airports to test for Covid from specific international arrivals.
VIX options trader reaps win in 19 hours as stocks resume swoon
A sizable bet that equity market volatility would worsen appears to have turned a tidy profit in less than a day.
About $13 million was spent last night on 65,000 December call contracts tied to the Cboe Volatility Index, with a strike price at 26. Similar volume erupted in the series this morning as the VIX jumped above 27, sending the options to as high as $3.55 after trading as low as $1.75 in the prior session.
Apple was the only tech stock that went up on Tuesday
$Apple(AAPL.US)$ stock closed up 3.1% on Tuesday as stocks tumbled on concerns of the new omicron Covid variant, showing investors see the company as a safe haven during market uncertainty. Needham analyst Laura Martin said investors turned to Apple on Tuesday because the company has prodigious cash flow, allowing it to endure any slowdowns in the economy and take advantage of falling prices.
Eco-friendly shoemaker Allbirds posts wider loss despite 33% gain in quarterly sales; shares fall
$Allbirds(BIRD.US)$ reported third-quarter revenue growth 33% from last year, while its losses widened. Co-founder and CEO Joey Zwillinger said the company saw notable strength in its stores in the United States, and shoppers responded well to new product launches. Shares fell around 6% in extended trading on the report
The company ended the quarter with 31 retail locations, including those outside the U.S.
It's not the first time Elon Musk's worried about the demise of SpaceX — he once thought it would be worth '$0'
$Tesla(TSLA.US)$ and SpaceX CEO Elon Musk sent a letter to his employees the day after Thanksgiving, in which he said the rocket company could be at "genuine risk of bankruptcy," unless it can speed up production of the Raptor engines that power its Starship rockets.
It's not SpaceX's first brush with serious financial risk: Musk has often spoken about how risky it was to launch the company in 2002, and how it nearly failed just a few years later. It's always possible that Musk is using the threat of bankruptcy as a motivational tactic for his employees. But the Raptor engines are essential to SpaceX's financial future — because the company will need its Starship rockets to launch its next genneratioon of Starlink satellites into orbit.
Facebook's executive in charge of cryptocurrency is leaving the company
David Marcus, the head of $Meta Platforms(FB.US)$ parent company Meta's cryptocurrency efforts, announced on Tuesday he will be leaving the company at the end of the year. Marcus's departure comes after the company tried and failed to launch a cryptocurrency that could be used by online users to send money to anyone in the world via Facebook products.
Source: Bloomberg, CNBC

U.S. futures rise as virus worry eases; Yen dips
Asian stocks looked set for a steady start Tuesday after U.S. shares rebounded amid easing concerns among equity investors about the impact of the omicron coronavirus strain on global reopening.
Australian shares rose, while futures for Japan climbed and Hong Kong's slipped. U.S. contracts pushed higher after the $S&P 500 Index(.SPX.US)$ wiped out its November losses and the technology-heavy $NASDAQ 100 Index(.NDX.US)$ more than recouped Friday's rout.
Dip buyers erase massive losses at unprecedented clip
It's shaping up to be a historic year for dip buyers feasting on big pullbacks.
Up 2.3% Monday, the Nasdaq 100 more than recouped Friday's 2.1% rout. That's the third instance in 2021 when investors have piled into the index after a beat-down and erased all the damage the very next day. There were only three such dramatic reversals in the prior two decades.
Meta postpones ticker symbol change
$Meta Platforms(FB.US)$ postpones ticker symbol change to 1Q 2022, the company says in a statement.
Retail traders snapped up $2 billion of ETFs, stocks during rout
The day-trading crowd snapped up roughly $2 billion in assets like the $SPDR S&P 500 ETF(SPY.US)$ and $Invesco QQQ Trust(QQQ.US)$ on Friday as the buy-the-dip crowd stepped in where Wall Street didn't, according to data from Vanda Research.
Individual investors showed conviction not only buying ETFs that track the major U.S. averages, but bought airline stocks like $Delta Air Lines(DAL.US)$, $United Airlines(UAL.US)$, as well as cruise operator $Carnival(CCL.US)$, Vanda data show. The trio were among the 10 most-bought stocks on Friday with each seeing at least $39 million in buying, according to the data.
More than half of shoppers are going into debt this holiday season, study finds
As shoppers spread out their holiday purchases amid ongoing concerns about Covid, more consumers are tapping so-called buy now, pay later services. Yet studies show installment payments encourage consumers to spend more than they can afford.
As many as 56% of shoppers have made a purchase with "buy now, pay later" services they couldn't pay off, according to one recent survey.
Twitter CTO Parag Agrawal will replace Jack Dorsey as CEO
$Twitter (Delisted)(TWTR.US)$ CEO Jack Dorsey is stepping down as chief of the social media company. Dorsey, 45, was serving as both the CEO of Twitter and Square, his digital payments company.
Parag Agrawal, the company's chief technology officer, is taking over as CEO effective immediately.
Robinhood short sellers winning big as brokerage's shares tumble
It's paid off for those betting against $Robinhood(HOOD.US)$, the brokerage popular with the meme-stock traders who once waged war on short-sellers.
The brokerage has seen its shares tumble nearly 70% from their August 4 peak. The stock hasn't traded above the $38 price of its July initial public offering in about three weeks.
Achieving semiconductor independency is 'not doable,' EU competition chief says
"What is important is that there is a different level of production capacity in Europe," Vestager said. The European Commission has said that it wants to double the market share of semiconductors in Europe by 2030.
At the moment, "on a good day," Europe's market share is at 10% — it used to be 40% in the 1990s, according to data from the commission. Vestager said the EU is working with the United States to identify what is causing shortages in the production of semiconductors.
Source: Bloomberg, CNBC

Top 5 tickers from different platforms is a collection of top trending tickers from major investment platforms and social media, giving investors a list of trending tickers across places.
Moomoo selected the hottest tickers from Robinhood and moomoo; the top trending tickers from Yahoo Finance and Investing.com; the most active tickers from Stocktwits.
$Tesla(TSLA.US)$ $Apple(AAPL.US)$ $Alibaba(BABA.US)$ $Amazon(AMZN.US)$ $AMC Entertainment(AMC.US)$