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Trading Ideas

Were Hedge Funds Right About Souring On Raytheon Technologies Corp (RTX)?

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting […] …read more […]

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Netflix Shares Dip On Subscriber Slowdown, But Wall Street Bulls Still Buy The Story

Netflix shares slipped 6% in early trading today after the company reported a slowdown in subscriber growth and results that fell short of expectations. At about $492, the stock fell below the $500 mark for the first time since September 30. After the close of trading Tuesday, the company reported adding 2.2 million global subscribers, […] …read more […]

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Social Media Stocks Jump After Snap Results Suggest Ad Strength

(Bloomberg) — Social media stocks rallied after Snap Inc. reported third-quarter revenue and user growth that beat analysts’ expectations, suggesting resurgent advertising spending.Pinterest Inc. surged a record 14% on Wednesday, getting an extra boost from two analysts who raised their ratings on the company to buy. Both cited Snap’s results. Twitter Inc. gained as much as 8.6%, while Facebook Inc. rose 5.8%. Snap soared 31%.User surveys and Snap’s results “suggest that advertiser demand strengthened over the course of the quarter, particularly for smaller platforms like Pinterest, Twitter and Snap,” Goldman Sachs analyst Heath Terry wrote in a research note upgrading …read more […]

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Were Hedge Funds Right About Crowding Into DocuSign, Inc. (DOCU)?

Keeping this in mind, let’s analyze whether DocuSign, Inc. (NASDAQ:DOCU) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into […] …read more […]

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Were Hedge Funds Right About Avoiding AT&T Inc. (T)?

Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […] …read more […]

Newsmakers

ImagineAR (OTC: IPNFF) Announces First-Ever WebAR Retail Project in North America

Company Expands Reseller Network into Middle East VANCOUVER, BC and ERIE, Pa., Oct. 21, 2020 /CNW/ – ImagineAR (IP:CSE) (IPNFF:OTCQB) an Augmented Reality Company that enables businesses to instantly create their own mobile phone AR campaigns, is pleased to announce its first-ever mobile […]

Newsmakers

NexTech (OTC: NEXCF) Music Industry AR App ‘AiRShow’ Launching NEW Ticketing Capabilities

AR Human Hologram App adresses the $50 billion global music industry VANCOUVER, British Columbia, Oct. 21, 2020 — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning […]

Newsmakers

Empower Clinics (OTC: CBDT) Enters Canadian Market with Proposed Acquisition That Includes 6 Clinics and Incentives to Open Additional 30 Clinics and Announces Private Placement of Up to $1.1 Million

Acquisition Expands Company’s North American Footprint And Strengthens Vertical Integration From Patients To Laboratory VANCOUVER, BC / ACCESSWIRE / October 21, 2020 / Empower Clinics (CSE:CBDT)(OTC PINK:EPWCF)(FRA:8EC) (the “Company” or “Empower“), a vertically integrated health and […]

Newsmakers

CloudMD (OTC: DOCRF) to Acquire the Largest Medical Directory in Canada with Robust, Up-to-Date, Information on 91,000 Practicing Physicians and 10,000 Residents and Nurse Practitioners

Canadian Medical Directory is the largest directory of trusted, highly-segmented information on doctors and medical professionals Highly complementary for CloudMD to integrate, optimize and cross sell its suite of products including Juno EMR, iMD Health and Snapclarity 100% SaaS based, high margin, revenue model with significant opportunities to […]

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Snap Stock Soars Over 20% After Huge Q3 Revenue Beat, Snapchat Gain of 11 Million Daily Users

Snap posted Snapchat’s highest daily active user growth rate since 2017 and significantly topped Wall Street revenue expectations for the third quarter of 2020. On the stellar results, investors rallied behind the stock — which rocketed up more than 20% in early trading Wednesday to new all-time highs. Shortly after the market open, Snap shares […] …read more […]

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Morgan Stanley Sounds the WFH Conduct Alarm

(Bloomberg Opinion) — Wall Street used to worry that business would be severely impaired if employees ever lost access to their office and the high-tech workstations on which they depend. The Covid-19 pandemic changed all that. In this year’s grand working-from-home experiment, traders did just fine: They connected from remote locations and minted billions of dollars in revenue, allowing their firms to post record trading profits.Unfortunately, we’re starting to see that the big investment banks may have been less effective in policing staff behavior recently.Two of Morgan Stanley’s most senior trading bosses are leaving after the company discovered the use …read more […]