Year: 2020

(Bloomberg) — Thursday’s megacap tech selloff is likely just some froth coming off a hot market rather than a portent of a larger pullback to come.That’s the view of most market participants after the tech-heavy Nasdaq 100 suffered a 5.2% decline, its worst since March. Profit taking after a good run, seems to be the consensus explanation. Robust purchases of downside hedges, the possibility for positive news on the U.S. labor market and the potential for longer-term earnings growth, all suggest technology shares can remain supported.Here’s the views of some market participants on the selloff:Jobs and a Holiday“Yes, today was …read more […]

US markets see their worse day since June as shares in Apple, Amazon and other tech giants sink. …read more […]

Nokia Oyj’s largest investor, the Finnish government’s investment firm Solidium, has increased its stake to just over 5% for the first time, from about 4.8%, according to a regulatory filing. Nokia, which axed its dividend after a profit warning last October, has been scripting a turnaround by keeping a lid on costs and addressing shipment delays in its attempt to compete with rivals such as China’s Huawei and Sweden’s Ericsson. …read more […]

Wall Street’s ‘fear gauge’ is soaring again, as investors spooked by Thursday’s market decline rushed to load up on options protection, but analysts said the intensity of the move in volatility does not necessarily point to a market crash. The Cboe Volatility Index, which for weeks had been easing toward its longer-term average price of 19.4, on Thursday jumped 7.03 points, its largest one-day rise since June 11, and ended the session at a nearly 10-week closing high of 33.60. Recently, the VIX and S&P 500 index broke their historical pattern of moving in opposite directions by moving …read more […]

The post Should Investors Focus on Growth or Value? appeared first on Investment U. …read more […]

Posted by OFX AUD – Australian Dollar The AUD had a rough session yesterday, falling from 0.7320 to 0.7265 on the day as global equities fell sharply. There was no obvious reason for the fall in equities however the moves spilled over into currency markets as commodity currencies like the Aussie and … Continue reading “AUD lower as global equities sold off”The post AUD lower as global equities sold off appeared first on . …read more […]

On Tuesday, Nvidia’s (NVDA) launched its new PC gaming GeForce graphics processing units, the 2nd gen GeForce RTX 30 Series – the 3090, 3080 and 3070 GPUs— all based on the company’s Ampere architecture.The “30 series” offers gamers and game developers extra performance and flexibility and boasts GPUs with 3D rendering gaming engines, 3rd-gen tensor cores and increased ray-tracing capabilities.From September 17, the flagship 3080 model will be available for $699. The 3070 will hit the shelves in October for $499, while the Titan-series like 3090 stands out as NVDA’s highest performance GPU and will be available on September 24 …read more […]

A few months ago, War Room members racked up gains in SmileDirectClub (Nasdaq: SDC). In fact, it’s a company I’ve written about in these very pages.
It boasts a network of approximately 240 orthodontists and general dentists across the United States, Puerto Rico, Canada, Australia and the United Kingdom. SmileDirectClub created SMILECHECK, a teledentistry platform for doctor monitoring and communication. It also provides a clear aligner therapy treatment, an alternative to traditional orthodontics.
SMILECHECK is a central data repository for all medical records, business transactions and member communications. It provides an online portal that allows for remote access to treatment plan information. …read more […]

A survey shows mortgage rates are staying near record lows and giving homebuyers a boost. …read more […]

The week began for Tesla (TSLA) as most weeks have in 2020, by adding more muscle to the share price. The newly 5-1 split stock caught investors’ imagination who pounced on the “cheaper” shares and kept up the monumental rally in the week’s first session. Since Monday, however, the high flying stock has spent a rare couple of days in the red, nearing an 18% correction.With a new triple digit share price sitting alongside the TSLA ticker, RBC analyst Joseph Spak shared his thoughts on what is undoubtedly one of the stock market’s most controversial names.The analyst believes there are …read more […]

The bottom of the financial crisis was a terrifying moment. More than a decade later, if I close my eyes, I can still feel it.
The panic hit on September 15, 2008, when Lehman Brothers failed. The global financial system froze.
This lasted for months. By the first week of March 2009, the mainstream consensus was that another Great Depression was at hand.
Nobody was buying stocks.
With the benefit of hindsight, we now know that the first week in March 2009 was the greatest stock-buying opportunity in a generation.
But what should we have been buying?
Should we have been focusing on stocks with the …read more […]

The post Should Investors Focus on Growth or Value? appeared first on Investment U. …read more […]

Stock futures extended losses on Thursday after a sell-off earlier in the day led the S&P 500 to its worst single-session drop in nearly three months. …read more […]

Brent Schutte, Chief Investment Strategist at Northwestern Mutual Wealth Management, joined The Final Round to discuss today’s market sell-off and why he thinks the economic recovery with slowly start to reach other sectors of the market. …read more […]

(Bloomberg) — Thursday’s Nasdaq nosedive dispensed painful lessons in how options-market leverage can blow up in an investor’s face.Losses in benchmark indexes were brutal enough, getting to 6% in the Nasdaq 100, or about $730 billion erased. In single-stock equity contracts they were downright existential, with some instruments wiped out in the space of a few hours. Volumes in puts and especially calls has been exploding in recent weeks, much of it in the tiny lot sizes denoting individual traders.While it’s never hard to pick out staggering losses in options when markets tumble, and plenty of examples exist of well-timed …read more […]