October NY world sugar #11 (SBV25) on Tuesday closed up +0.41 (+2.69%), and December London ICE white sugar #5 (SWZ25) closed up +11.80 (+2.62%). Sugar prices recovered from early losses on Tuesday and moved sharply higher after a +1% rally in crude oil prices (CLX25) sparked short covering in sugar futures.  Stronger crude prices benefit ethanol prices and could prompt global sugar mills to divert more cane crushing toward ethanol production rather than sugar, thus curbing sugar supplies. More News from ...

Group 1 - Celsius Holdings Inc (NASDAQ:CELH) stock is trading at 52-week highs following PepsiCo's $585 million stake increase in the company [1] - CELH stock has risen 140% since the beginning of the year, with a notable post-earnings bull gap of 17.3% on August 7 [1] - The stock is on track for its fourth consecutive weekly gain, with a current trading price of $62.72, peaking at $63.49 earlier [1] Group 2 - Options trading activity has surged, with 23,000 CELH calls exchanged, which is double the average volume, compared to 7,426 puts [2] - The most popular option is the weekly 8/29 64-strike call, with new positions being opened [2] - CELH's Schaeffer's Volatility Index (SVI) is at 42%, indicating low volatility expectations among options traders [2] Group 3 - There is significant short covering potential for CELH, with short interest representing 12.5% of the stock's available float, equating to three days' worth of buying power [3]

Group 1 - Wayfair Inc's stock increased by 7.3% to $69.96, reaching a 52-week high of $73.79 [1] - The company's second-quarter earnings and revenue exceeded estimates, with revenue growth at its highest since 2021, marking the quarter as a "resounding success" according to CEO Niraj Shah [1] - Year-to-date, Wayfair's stock is up 56.8%, having more than doubled in price from May to July [2] Group 2 - The stock has shown significant upward momentum since early April, with close support at the 20-day moving average since late April [2] - Short interest in Wayfair has increased, now representing 23.8% of the stock's available float, which may have contributed to today's gains [2] - Trading activity has surged, with 13,000 calls and 8,124 puts exchanged, indicating a higher than usual interest in options [3]

Core Viewpoint - Monster Beverage's stock faces challenges from a short report, but analysts and institutional trends indicate a bullish outlook despite concerns raised [4][7][10]. Group 1: Short Report and Market Response - Spruce Point's short report highlights increased competition, regulatory hurdles, and unsustainable international growth as concerns [4]. - The report is perceived more as a deterrent to investment rather than a strong argument for declining stock prices, with other market forces showing disagreement [4][10]. - Analysts have raised price targets, with over 50% rating the stock as a Moderate Buy or better, indicating a bullish bias [7]. Group 2: Price Targets and Institutional Activity - Fresh price targets range from $50 to $71, with a consensus suggesting a 5% gain in early May [8]. - Institutional ownership exceeds 70%, with buying activity outpacing selling at a rate of more than two to one in early Q2 [8]. Group 3: Financial Performance and Capital Returns - Monster Beverage's Q4 2024 results showed mixed performance, with revenue growing at a mid-single-digit pace and earnings nearly doubling [10]. - The company has a strong capital return strategy, focusing on share buybacks, which reduced share count by 4.2% in 2024 [11]. - The company maintains a healthy balance sheet with a net cash position and long-term debt leverage of less than 0.1x equity [11]. Group 4: Stock Trends and Future Outlook - The stock price has been range-bound for two years but is on track to set new highs, with early May price action nearing all-time highs [13]. - Potential risks include Q1 results and guidance updates, which could affect the stock's trajectory if business headwinds intensify [13].

Group 1 - PVH Corp reported better-than-expected fourth-quarter earnings and revenue, leading to a 15.6% increase in stock price to $74.69 [1] - The company announced a $500 million share buyback plan for this year after completing a previous buyback in 2024 and provided an optimistic annual forecast [1] - Year-to-date, PVH's stock is down 28.9%, despite the recent gains [2] Group 2 - BMO Capital reduced its price target for PVH from $106 to $93, while TD Cowen increased its target from $110 to $125, indicating mixed analyst sentiment [2] - Seven out of fourteen analysts have a "buy" rating on PVH, while the other seven have a "hold" rating [2] - Short interest in PVH accounts for 5.6% of the stock's available float, with a coverage time of nearly three days at the average trading pace [2] Group 3 - PVH has experienced 11 times the average daily options volume, with the January 2026 60-strike put being the most active [3] - The April 80 call is also seeing new positions being opened, indicating increased interest in options trading [3] - PVH stock has outperformed options traders' volatility expectations, reflected in a Schaeffer's Volatility Scorecard (SVS) of 86 out of 100 [3]