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Best & Worst Monthly Performers: November 21 Edition

Here is a look at the 25 best and 25 worst ETFs from the past trading month. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for …read more […]

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Should You Bother Investing in Emerging Markets?

In the 1990s, emerging markets earned top returns, but the picture looks a lot different today.
Nicholas Vardy discusses whether emerging markets should be part of your ETF portfolio.

Emerging markets investing has an image problem.
I say that with a heavy heart. After all, I earned my investment spurs in the 1990s as an emerging markets mutual fund manager.
It was an exciting time.
The Soviet Union had been wiped off the map. China was about to join the World Trade Organization. Emerging markets around the world were embracing capitalism. The buzzword of the day was “convergence.” All the world’s nations were on the …read more […]

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Tesla picks a fight with Detroit by going after the pickup market

Analysts expect the Tesla pickup, which Musk has said would combine the performance of a Porsche 911 sports car with the functionality of Ford Motor Co’s industry-leading F-150 full-size truck, to debut in late 2021 or early 2022 with a starting price of under $50,000. “Making an electric pickup truck that sells in the same price range as an F-150 and making it profitable will be tough,” said Sam Fiorani, vice president of global vehicle forecasting at Auto Forecast Solutions. As Musk pushes to take a bite of Detroit’s profits, Ford and larger rival General Motors Co are …read more […]

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Rio Tinto faces having to renegotiate terms of Mongolian copper project

Rio Tinto faces renegotiating the terms of an agreement underpinning its Mongolian copper mine project, after lawmakers on Thursday approved plans to revise the deal to make it more beneficial for Mongolia. The Oyu Tolgoi mine, Mongolia’s biggest foreign investment project, has already been subject to delays and ballooning costs, leaving Mongolian lawmakers impatient for income, while Rio Tinto says it has invested billions. …read more […]

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From Cannabis Gummies to Gains: A Look Into Plus Products

Apple… Amazon… Google… Hewlett-Packard… Mattel… The Walt Disney Company…
These are all giant, globe-spanning companies that today are household names.
But they also share the same humble beginnings… They all started in someone’s garage.
That’s an origin story that cannabis edibles producer Plus Products (OTC: PLPRF) can relate to.
For the first six months of the company’s existence, the only space it could afford was co-founder and CEO Jake Heimark’s parents’ garage.
It was Plus Products’ clean room, manufacturing facility, office, packaging, and research and development facility.
But as we’ve seen time and time again, talent eventually wins out. And great companies find their way to …read more […]

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Jeffrey Gundlach Says ‘Mayor Pete Killed It’ at Democratic Debate

(Bloomberg) — Count billionaire Jeffrey Gundlach among the finance-industry titans taking note of presidential candidate Pete Buttigieg.“Mayor Pete killed it tonight,” tweeted Gundlach, whose DoubleLine Capital oversees more than $140 billion, after Wednesday night’s Democratic debate.He joins fellow billionaire investors Paul Tudor Jones, Michael Novogratz and Blackstone Group Inc. Vice Chairman Tony James in showing support for — or at least being impressed by — the 37-year-old mayor of South Bend, Indiana. Novogratz, a former Goldman Sachs Group Inc. partner, has said he likes Buttigieg even if he’s skeptical he can win, and Jones, founder of Tudor Investment Corp., has …read more […]

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EXPLAINER-How would a Schwab-TD Ameritrade deal affect retail investors?

U.S. discount broker Charles Schwab Corp. is in talks to buy rival TD Ameritrade in a $26 billion deal that would create an online brokerage behemoth, according to media reports. The discount brokerage business model is facing increasing pressure, as financial technology disruptors like Robinhood pushed legacy firms to cut commissions to zero, and the increased use of technology has required huge spending on platforms. The solution to managing costs is getting bigger and acquiring more clients, which is exactly what Schwab could achieve by acquiring its smaller rival. …read more […]

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UPDATE 1-Shippers shift to trucks as strike at Canada's biggest railroad enters third day

WINNIPEG/MONTREAL, Nov 21 (Reuters) – Shippers scrambled to shift freight onto trucks on Thursday as a strike at Canada’s biggest railroad, Canadian National Railway Co, entered its third day and left many goods stranded. Some 3,200 unionized employees, including conductors and yard workers, hit picket lines on Tuesday in the biggest such action in a decade. Some major retailers and pulp and paper companies have started hiring trucks from Montreal-based Fuel Transport, even though they cost more than rail, said President Robert Piccioni. …read more […]