Trading Ideas
Stock market news live: Stock futures slump after Trump declares Europe travel ban
Panic-driven selling has dragged blue-chip stocks into bear market territory. …read more […]
Month: March 2020
Trading Ideas
Hedge Funds Have Never Been This Bullish On CrowdStrike Holdings, Inc. (CRWD)
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published this article and predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 months. We also told you to short the market ETFs and buy long-term […] …read more […]
Trading Ideas
Business News
Bear market fears grip global shares as pandemic declared, eyes on Trump
Global shares were set for a rocky ride on Thursday as investors tally the economic damage of coronavirus, a day after the U.S. Dow Jones industrials entered bear market territory and world health officials declared the virus a pandemic.
Trading Ideas
World Stock Rout Builds After Dow Hits Bear Market: Markets Wrap
(Bloomberg) — A global equity rout deepened in Asia on Thursday after a renewed sell-off in U.S. equities, with investors concerned by a lack of clarity from the Trump administration on a coronavirus stimulus package.Shares in Japan sank and Australian equities extended recent losses, getting little respite from that nation’s stimulus package. Treasuries found a renewed bid. The World Health Organization earlier called the virus spread a pandemic and the Dow Jones Industrial Average tipped into a bear market, ending the longest bull-run in history for U.S. shares. Early gains for American equity futures fizzled as investors awaited a press …read more […]
Trading Ideas
Hedge Funds Bought Western Digital Corporation (WDC) At The Wrong Time
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published this article and predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 months. We also told you to short the market ETFs and buy long-term […] …read more […]
Trading Ideas
American Airlines Group Inc (AAL): Are Hedge Funds Right About This Stock?
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published this article and predicted that US stocks will go down by at least 20% in the next 3-6 months. We also told you to short the market ETFs and buy long-term bonds. Investors who agreed with […] …read more […]
Trading Ideas
Is International Business Machines Corp. (IBM) Going To Burn These Hedge Funds ?
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published this article and predicted that US stocks will go down by at least 20% in the next 3-6 months. We also told you to short the market ETFs and buy long-term bonds. Investors who agreed with […] …read more […]
Trading Ideas
‘The rest of the world needs to look at what’s happening here:’ Strategist in Italy
Lenore Hawkins, chief macro strategist at Tematica, joined Yahoo FInance’s On the Move to provide a first-hand account of what’s happening in Italy. “The rest of the world needs to look at what’s happening here,” she said. …read more […]
Business News
As S&P 500 selloff approaches 20%, what next?
Fear about the coronavirus has pulled the S&P 500 down nearly 20% from its record high. So what?
Business News
Factbox: U.S. companies add cash, credit lines as coronavirus leaves markets rattled
U.S. companies rushed to bulk up their cash reserves amid market turmoil fueled by the global coronavirus outbreak and a plunge in oil prices.
Business News
U.S. oil company workers make big, bad retirement bet: their own stock
Employees at the largest U.S. oil companies have lost around $5 billion in retirement savings since the end of 2018 because of outsized bets on their own slumping stock, according to a Reuters analysis of company disclosures, a trend exacerbated by the recent crash in oil prices.
Business News
Wall Street tells Trump financial system strong, ready to support borrowers
The U.S. banking industry is strong and ready to help businesses and consumers weather economic fallout from the fast-spreading coronavirus, Wall Street chief executives told President Donald Trump during a meeting at the White House on Wednesday.
Business News
Coronavirus raises fears of U.S. auto sales slowdown, but production not suffering yet
Fears of a U.S. sales slowdown in auto showrooms due to the coronavirus outbreak that has spread globally are appearing in analysts’ forecasts, but industry executives said the pandemic has yet to affect demand or factory production.
Trading Ideas
IBM Says It’s No. 3 in Cloud Sales; Market Says Google
(Bloomberg) — When Alphabet Inc.’s Google published revenue from its cloud business for the first time last month, a feeling of bitter vindication swept through International Business Machines Corp.Google, which is ranked the third-biggest cloud provider in the world by industry analysts, reported $9 billion in cloud revenue for 2019. IBM lists $21 billion in cloud sales, yet usually it’s relegated to fifth place. Research firm Gartner Inc. even excludes it from their top-six rankings. After Google’s report, employees at IBM thought they’d finally get the credit they deserved.But the industry didn’t notice. Google still holds the bronze medal behind …read more […]