It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren’t usually symmetrically distributed and index […] …read more […]
We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57% each. Hedge funds’ top 3 stock picks returned 44.6% this year and beat the S&P 500 ETFs by […] …read more […]
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […] …read more […]
We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained more than 57% each. Hedge funds’ top 3 stock picks returned 44.6% this year and beat the S&P 500 […] …read more […]
Medicare is set to face similar challenges in 2020. Yahoo Finance’s Brian Sozzi and Anjalee Khemlani discuss the new medicare initiatives. …read more […]
United Parcel Service Inc expects returned packages to hit a record high following this year’s holiday shipping season, as consumers shopped more online, the package delivery company said on Thursday.
Oil rose towards $68 a barrel to its highest in over three months on Thursday, buoyed by a report showing lower U.S. crude inventories, hopes of an end to the China-U.S. trade dispute and OPEC-led efforts to constrain supply.
U.S. stock indexes were set to open near record highs on Thursday and the S&P 500 was on course for its best year since 2013 on optimism over an imminent U.S.-China trade deal.
Fiat gateway infrastructure provider Simplex has partnered with cryptocurrency wallet provider Broxus to facilitate buying of bitcoin (BTC) and ether (ETH) directly via Telegram. The service is based on Telegram bot @broxusbot, Simplex told The Block, adding that users can purchase the two cryptocurrencies with a regular bank card via the bot. Users are then […]The post Two firms team up to facilitate buying of bitcoin and ether via Telegram appeared first on The Block. …read more […]
(Bloomberg Opinion) — From the 1930s through the 1960s, employment in leisure and hospitality held relatively steady — apart from an understandable drop during World War II — at a little over 6% of U.S. nonfarm jobs. Then it began its great rise. As of last month, its share was 11.1%.In the 1950s, about five times as many Americans worked in manufacturing as in leisure and hospitality. During the last recession, employment in leisure and hospitality passed employment in manufacturing for the first time. Now it’s 31% higher.Almost 73% of these leisure and hospitality jobs are now in food services, …read more […]
Gold is a popular safe haven for investors seeking to maintain value when other financial markets are volatile, but it tends to droop when risks fade. …read more […]
The Russian government is considering using the country’s National Wealth Fund (NWF) to buy the central bank’s stake in Sberbank, Finance Minister Anton Siluanov said on Thursday, Russian news agencies reported. The issue of change in Sberbank’s ownership came into the spotlight after two sources familiar with the plan told Reuters this week that the government was considering using the NWF, which is managed by the finance ministry, to buy the central bank’s stake in Sberbank. “This issue is being discussed privately,” Siluanov said, replying to a question about whether the government is considering using the NWF to …read more […]
The Supreme Cannabis Co. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced that its 7ACRES products will be available in Québec and Newfoundland and Labrador, expanding Canadian distribution to all 10 provinces. The company entered into a letter of intent with Société Québécoise du Cannabis (SQDC) to supply 7ACRES products to retail stores across Québec. At […]The post Supreme Cannabis to Sell 7ACRES Products to Québec and Newfoundland appeared first on Market Exclusive. …read more […]
(Bloomberg) — Recent data from China and Europe suggest to Wedbush that the turnaround in Tesla Inc. may be real.Wedbush analyst Daniel Ives raised his price target on the stock to $370 from $270, saying strong Model 3 consumer demand and profitability are on an “upward trajectory for the fourth quarter.”“Both U.S. consumer demand for Model 3 and most importantly European strength should likely drive upside this quarter and enable Tesla to comfortably hit its vehicle delivery guidance of 360,000 to 400,000 units for 2019,” Ives wrote in a note to clients. The analyst added that Tesla’s Shanghai Gigafactory is …read more […]
U.S. stock index futures were near record highs on Thursday on optimism that an initial U.S.-China trade deal would be signed soon, easing a dispute that has rattled global markets for the past 17 months.
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