‘Tis The Season For…?

“Wealth is not about having a lot of money; it’s about having a lot of options.” – Chris Rock

Dear Trader,

Welcome to today’s edition of Wall Street Connected.

With Black Friday and Cyber Monday right around the corner and travel restrictions in place, ‘tis the season for internet retail.

You’ll notice internet retail is currently ranking #7 in total traffic by industry amongst financial professionals.

Of all the companies in the internet retail industry, Alibaba Group Holding (BABA) in particular caught our attention this week as the China-based internet retailer witnessed a surge in unusual options activity in recent trading days.

While Wall Street has traded fairly sideways this week, Emerging Markets and volatility have made for fast-moving trades amongst active traders, and volatility is currently ranking #17 in exchange traded fund surging traffic by financial professionals.

TrackStarIQ Data

Here are some highlights from FA searches this week:

RANKTOP INDUSTRY (EQUITIES) BY FAs (Total Traffic) – This Past WeekTOP INDUSTRY (EQUITIES) BY FAs (Surging Traffic) – This Past Week TOP SECTORS/CATEGORIES (ETFs) BY FAs (Total Traffic) – This Past WeekTOP SECTORS/CATEGORIES (ETFs) BY FAs (Surging Traffic) – This Past Week
1BiotechnologyBook publishingEquity – Large Cap Growth EquitiesReal Estate – Global Real Estate
2Auto ManufacturersManagement consulting servicesEquity – Leveraged EquitiesEquity – Water Equities
3Software – ApplicationCommunication services, miscEquity – Technology EquitiesEquity – Volatility Hedged Equity
4Aerospace & DefenseFloor laying and floor work, miscEquity – Consumer Discretionary EquitiesBond – National Munis
5Electrical Equipment & PartsDental equipment and suppliesCommodity – Precious MetalsEquity – Foreign Small & Mid Cap Equities
6Drug Manufacturers – Specialty & GenericWholesale-Groceries & Related ProductsEquity – Small Cap Growth EquitiesBond – Emerging Markets Bonds
7Internet RetailCable and pay television servicesEquity – All Cap EquitiesReal Estate – Real Estate
8SemiconductorsMortgage FinanceEquity – MaterialsEquity – Consumer Discretionary Equities
9Internet Content & InformationCommunications equipment, miscEquity – Health & Biotech EquitiesCommodity – Oil & Gas
10Credit ServicesAnalytical instrumentsEquity – Energy EquitiesEquity – Consumer Staples Equities
11Diagnostics & ResearchMedical DistributionVolatility – Leveraged VolatilityReal Estate – Leveraged Real Estate
12Oil & Gas E&PGold and Silver OresEquity – Alternative Energy EquitiesEquity – Health & Biotech Equities
13Software – InfrastructurePublishingEquity – Industrials EquitiesEquity – Small Cap Value Equities
14ConglomeratesHome Improvement RetailEquity – Large Cap Blend EquitiesEquity – Transportation Equities
15Drug Manufacturers – GeneralApparel ManufacturingEquity – Asia Pacific EquitiesMulti-Asset – Preferred Stock/Convertible Bonds
16Medical DevicesAerospace & DefenseEquity – Financials EquitiesVolatility – Volatility
17Specialty RetailPlastics products, miscVolatility – VolatilityMulti-Asset – Commodities
18Consumer ElectronicsElectrical Equipment & PartsCommodity – Leveraged CommoditiesBond – Government Bonds
19EntertainmentWaste ManagementEquity – Small Cap Blend EquitiesEquity – Small Cap Growth Equities
20Communication EquipmentPharmaceutical RetailersCommodity – Agricultural CommoditiesEquity – Inverse Equities

*- Surge data is based on the average traffic from the past two days compared to the average traffic from the previous market week.

What We’re Reading:

  1. Signaling that Pfizer Inc. (PFE) and BioNTech SE ADR (BNTX) are nearing the finish line, the companies have announced plans to apply for emergency use authorization for their COVID-19 vaccine. Full story… 
  2. Palantir Technologies (PLTR) announced it was chosen by the U.S. Army to receive one of two prototype contracts for a data security solution. Continue reading…
  3. Bitcoin, ethereum and other cryptocurrencies have seen increasing attention from investors in recent days. Wall Street and its traditional banks are continuing to adjust to the shift. Check it out…

What We’re Watching:

As we enter the season of Black Friday and Cyber Monday, America’s #1 trader spotted dark pool activity on Alibaba Group Holding (BABA) this week…

And he made a video about it.

You can watch it here.


P.S. The third Friday of each month is expiration day in the options market. On expiration day, expert option traders are prepared to act on volatility (full details).

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