
Wall Street rises on fresh hopes for U.S.-China trade deal
U.S. stocks rose on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple’s shares also boosted the market.
U.S. stocks rose on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple’s shares also boosted the market.
In last week’s Trade of the Day, I informed readers of how we made money with AbbVie (NYSE: ABBV) using LEAPS options. We then recommended entering a spread, giving War Room members a chance at a huge profit in the future… at zero cost!
It didn’t take long for members to jump in and out of AbbVie again, this time for a short-term overnight gain of around 20%.
In The War Room, I always follow a group of stocks.
I follow them for various reasons…
Reason No. 1: A big news story that looks like it might have legs, like when MoneyGram received a …read more […]
General Motors Chief Executive Mary Barra met with senior United Auto Workers officials to discuss the No. 1 U.S. automaker’s most recent proposal to end a more than three-week-old strike that has cost it over $1 billion, a union spokesman said on Thursday.
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […] …read more […]
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […] …read more […]
The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 28. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […] …read more […]
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […] …read more […]
(Bloomberg) — Two days after billionaire Ken Fisher made a series of offensive comments at an event that were condemned by attendees, he now says he’s really sorry.“Some of the words and phrases I used during a recent conference to make certain points were clearly wrong and I shouldn’t have made them,” Fisher said Thursday in a statement. “I realize this kind of language has no place in our company or industry. I sincerely apologize.”At the event in California on Tuesday, Fisher spoke about how he built his company, Fisher Investments, which manages $112 billion. He compared the process of …read more […]
The U.S. Federal Reserve on Thursday unveiled a final package of rules easing capital and liquidity requirements for domestic U.S. and foreign banks that were originally introduced following the 2007-2009 global financial crisis.
U.S. stocks rose on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple’s shares also boosted the market.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […] …read more […]
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don’t make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […] …read more […]
London Stock Exchange has given assurances to Italy that it plans to continue investing in its Italian trading platforms and does not intend to move them out of the country, a Bank of Italy source said on Thursday.
General Motors Chief Executive Mary Barra met personally with senior United Auto Workers officials to discuss the No. 1 U.S. automaker’s most recent proposal to end a more than three-week-old strike that has cost it over $1 billion in lost profits, a union spokesman said on Thursday.
Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […] …read more […]
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