Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth.
Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved dearly, lost nearly 40% of its value at one point in 2018. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 20 S&P 500 […] …read more […]
U.S. stocks hit record closing highs again on Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic over progress in the U.S.-China trade war.
The S&P 500 hit a record high for a seventh straight session on Friday, as continued optimism on resolving the U.S.-China trade war and strength in domestic consumer spending lifted sentiment.
The U.S. Securities and Exchange Commission (SEC) is probing the listings of some companies over several years focusing on the first day of trading, the Wall Street Journal reported on Friday, citing sources.
If tech stocks or cryptocurrency are areas of interest for you, you may have considered looking into blockchain stocks as well. After all, blockchain technology is truly revolutionizing how people can account for, store and protect their data.
And even as interest in Bitcoin has waned, blockchain continues to remain a strong contender as one of the most important technologies going forward; other technologies of note will include artificial intelligence, the internet of things, the cloud, and several others.
Before I get into the list of the best blockchain stocks to watch for 2020, let’s take a look at what exactly …read more […]
A group of five U.S. senators sent a letter on Thursday to JPMorgan Chase & Co. , asking it to explain what it was doing to address what they described as “a troubling list of discriminatory practices” related to race.
(Bloomberg Opinion) — To get Brooke Sutherland’s newsletter delivered directly to your inbox, sign up here.Boeing Co. was an aerospace industry bully for years, leveraging its position as the preeminent U.S. commercial-jet maker to squeeze its suppliers, badger its rivals with trade disputes and reportedly lobby for more oversight over the regulatory review of its own planes. Two fatal crashes and a global grounding of its best-selling 737 Max jet have upended the power dynamic. With its latest decision to halt production, Boeing’s comeuppance is complete.The company announced this week that it would completely shut down production of the Max …read more […]
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]
In yesterday’s Trade of the Day, I wrote about naked put selling. And I showed you how we cashed in on Cisco Systems for a fat 25% gain in a short period of time. We’re doing it again in The War Room, but this time with Freeport-McMoRan (NYSE: FCX).
If you’ve been in The War Room for a while, you know that we’ve taken profits on Freeport-McMoRan already this year. But that was on the call side when we bought long-term equity anticipation securities (LEAPS) options.
“FCX JAN 2020, in @ .33, out @ .66, +100%, on War Room info, thanks Karim!” …read more […]
RBC says that Netflix will rally 30% next year on an ‘international surge’. Yahoo Finance’s Ines Ferre joins Seana Smith on The Ticker to discuss. …read more […]
Alphabet Inc’s newly-instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million in performance-based stock awards over the next three years, the highest ever promised to any executive of the search giant.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]
United States Steel Corp plans to lay off as many as 1,545 workers at its Great Lakes Works facility in the electoral swing state of Michigan following its decision to indefinitely idle a “significant” portion of the facility.
United States Steel Corp plans to lay off as many as 1,545 workers at its Great Lakes Works facility in the electoral swing state of Michigan following its decision to indefinitely idle a “significant” portion of the facility. Domestic steel prices, after rising in the immediate aftermath of President Donald Trump’s crackdown on foreign imports, have fallen amid weakening demand from the auto and other manufacturing sectors. Steel production at the plant will stop around April 1 and the hot-strip mill rolling facility will cease operations before the end of next year, the company said in a statement …read more […]
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