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Apple to Start Intel Breakup Next Week With New Mac Laptops

(Bloomberg) — Apple Inc.’s 15-year relationship with Intel Corp. will officially begin to unwind next week when new Mac computers are revealed.The Cupertino, California-based technology giant said on Monday that it will hold an online event dubbed “One more thing” on Nov. 10. That “thing” will be Macs with main processors designed by Apple for the first time, replacing Intel chips that have been a mainstay since 2006. An Apple spokesman declined to comment.Apple and overseas suppliers are ramping up production of three new Mac laptops with Apple processors: new 13-inch and 16-inch MacBook Pros and a new 13-inch MacBook …read more […]

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Was The Smart Money Right About Crowding Into Enphase Energy Inc (ENPH)?

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 […]

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Kinder Morgan Inc (KMI): Are Hedge Funds Right About This Stock?

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […] …read more […]

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Markets Anticipate a Wild Election Month

Financial markets are growing increasingly concerned about the election… but for different reasons than you might think.
You can see this rising concern in the recent spike in the Volatility Index, known in the markets as the VIX. It’s a measure of market anxiety about the possibility of something unexpected happening in the future.
Essentially, when investors become uncertain about the future, the VIX rises.
Take a look at this chart, which shows the movement of the VIX in recent months…

The VIX has been rising since early October, and on Wednesday it pushed above 37, its highest level since early June.
Yet this rising …read more […]

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Oil Climbs as Russia Mulls Option of Delaying OPEC+ Cuts Taper

(Bloomberg) — Crude advanced as Russian oil companies met with Energy Minister Alexander Novak to discuss the possibility of delaying an easing of OPEC+ output cuts by three months.Futures were 2.4% higher in New York, bouncing back from an abrupt plunge to a five-month low earlier in the session. The producer group, led by Russia and Saudi Arabia, was already considering postponing the supply increase planned for January as crude prices faltered amid renewed lockdown measures.Uneven global demand and a looming U.S. election is “creating overall uncertainty,” said Gary Cunningham, director of account management and research at Tradition Energy. Yet, …read more […]

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Why Rocket Companies (RKT) Stock is a Compelling Investment Case

Miller Value Partners recently released its Q3 2020 Investor Letter, a copy of which you can download here. The Opportunity Equity Fund posted a return of 13.01% for the quarter (net of fees), outperforming its benchmark, the S&P 500 Index which returned 8.93% in the same quarter. You should check out Miller Value Partners’ top […] …read more […]

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3 “Strong Buy” Stocks Insiders Are Snapping Up

Inside trading has a bad sound to it, but what is it really? Corporate insiders are company officers – the Presidents and VPs and Execs and Board members who run the world’s public – and private – companies. Their positions put them ‘in the know,’ and make them privy to the inner workings of their companies. Using that information to buy up stock would be underhanded, except for two points. First, they trade public shares openly. They don’t hide their transactions, and the investing public can see what they are doing – and read the hints given. And second, corporate …read more […]