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Investors Gamble on a Bidding War for William Hill

(Bloomberg Opinion) — It feels a bit soon to declare jackpot. The market is betting on a heated auction after U.K. bookmaker William Hill Plc confirmed a Bloomberg News report of bid interest from buyout shop Apollo Global Management Inc., adding that its U.S. partner, Caesars Entertainment Inc., is circling too.But there must be some doubt over whether a deal really can be done much above the levels investors are hoping for.William Hill stock has settled around 290 pence, about a 70% premium to the company’s share price the day before Apollo submitted a written offer on Aug. 27. That’s …read more […]

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What Is Swing Trading in the Stock Market

We’ve all heard of day trading. And the opposite of that is long-term investing. Nestled comfortably between these opposite investment strategies is swing trading. So what is swing trading? Well, it depends on who you ask… But one of the prime characteristics of swing trading is the holding time.

You see, day traders tend to close out their positions before the markets close. They can be in and out of a trade in mere minutes. This involves a lot of research. A good chunk of capital. An iron constitution. And a whole lot of time.
In long-term investing a lot of research …read more […]

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SPDR Gold Shares: The Simple Way to Invest in Bullion

You may be looking to invest in gold, but you may not be sure how to get started. One great option for you is the SPDR Gold Shares ETF (NYSEARCA: GLD). A great feature of this ETF is that it’s backed by physical gold bullion, while at the same time, you can trade it on the exchange like any other ETF or stock.
The main advantage of purchasing SPDR Gold Shares is that your investment will generally mimic the returns of physical gold, but you can do it without the various hassles of actually having to buy it directly.
Like any other …read more […]

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U.S. nears 7M coronavirus cases, big pharmaceutical companies race for a vaccine

The U.S. is inching closer to hitting 7 million coronavirus cases as Midwest states like Wisconsin, Montana and South Dakota see an uptick. This comes as big pharmaceutical companies race to find a vaccine. Yahoo Finance’s Anjalee Khemlani joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss that and what pharmaceutical companies are close to reaching final stages of coronavirus vaccine trials. …read more […]

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J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels

After the summer bulls, markets corrected themselves – but more than that, the selling was highly concentrated in the tech sector. The tech-heavy NASDAQ is now leading the on the fall, having lost 11.5% since September 2.JPMorgan strategist Marko Kolanovic points out that much of the market is now well-positioned for a rebound. Kolanovic believes that stocks will head back up in the last quarter of the year.“Now we think the selloff is probably over. Positioning is low. We got a little bit of a purge, so we think actually market can move higher from here,” Kolanovic noted.Acting on Kolanovic’s …read more […]