Reply To: Traders Market Weekly: Geopolitics, ECB and Apple


Monday – August 29

Options trading volume has jumped on Avaya Holdings Corp. (AVYA) and Bed, Bath & Beyond (BBBY) again.

Watch for some increased interest in Digital World Acquisition Corp. (DWAC) with the September 6 shareholder meeting approaching at which shareholders will vote on whether to delay the deadline for completing the SPAC merger with the entity that owns the Truth Social app. The company could extend it by a year to September 8, 2023.

All week – The conference schedule includes the Jefferies 2022 Semiconductor Conference, the Credit Suisse 10th China Internet Conference, and the Deutsche Bank Technology Conference.

All day – NASA’s uncrewed Artemis I mission could launch during a two-hour window scheduled from 8:33 a.m. ET to 10:33 a.m. There are backup launch windows for the mission to the moon on September 2 and September 5. The ultimate goal for the Artemis program is to send missions to beyond the moon into deep space. Lockheed Martin (LMT) is the prime contractor on the Orion spacecraft, while NASA’s prime contractors for the rocket launch system include Aerojet Rocketdyne (AJRD), Boeing (NYSE:BA), and Northrop Grumman (NOC). Terran Orbital Corporation (LLAP) will have its lunar imaging spacecraft as a secondary payload on the mission.

All day – Nasdaq (NDAQ) begins trading on a split-adjusted basis following the 3-for-1 stock split.

All day – VMWare (VMW) will hold a three-day global multi-cloud event called VMware Explore 2022. The event will feature a variety of sessions spanning key technology themes and industries, as well keynote addresses by top execs.

7:00 p.m. AMD (AMD) will hold a livestream premiere to unveil next generation AMD PC products. CEO Dr. Lisa Su and other top AMD executives will present details on the latest “Zen 4” architecture that powers upcoming AMD Ryzen processors and the all new AM5 platform built around the latest technologies including DDR5 and PCIe5. Shares of AMD have rallied after similar events in the past.