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Is the Stock Market “Detached From Reality”?

I’m not sure whether to be amazed or amused that so many professional economists don’t understand the first thing about the stock market.
Exhibit A is Paul Krugman, a Nobel laureate and regular columnist for The New York Times.
Four years ago, he predicted a market collapse and “a global recession with no end in sight” if Donald Trump were elected president.
He then spent the next three years pooh-poohing the economic boom – and bull market – that followed.
The pandemic and government-imposed economic lockdown ended both, of course.
But when the market rallied off its March lows, Krugman wrote column after column declaring …read more […]

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Analysts Spot a Bottom in These 2 Stocks

Kenny Rogers sang, in “The Gambler,” “You got to know when to hold ’em, know when to fold ’em” — a poker reference that has merged into popular culture. But how many know another line of the same song? “…Every hand’s a winner/And every hand’s a loser…”The meaning, of course, is clear: a player must understand the lay of the game, the intentions of his opponents, and the odds of improving his hand – only then can he decide whether to draw or bow out. And a skilled player can always find a path to win, no matter what cards …read more […]

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Was The Smart Money Right About Souring On Chevron Corporation (CVX)?

In this article we are going to use hedge fund sentiment as a tool and determine whether Chevron Corporation (NYSE:CVX) is a good investment right now. We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert […] …read more […]

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Was The Smart Money Right About Souring On American Express Company (AXP)?

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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Were These Hedge Funds Right About Selling Vertex Pharmaceuticals Incorporated (VRTX)?

Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks aren’t doing […] …read more […]

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Were These Hedge Funds Right About Dumping Starbucks Corporation (SBUX)?

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 Andrew Beranbom, CEO & Founder of First Tube Media, as Advisor to CEO to Launch Immersive AR Live Music Streaming Activations

VANCOUVER, BC and ERIE, Pa., Oct. 26, 2020 – ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables sports teams, brands and businesses to instantly create their own mobile phone AR campaigns, is pleased to announce that Andrew Beranbom […]

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Were Hedge Funds Right About Crowding Into Pinterest, Inc. (PINS)?

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […] …read more […]

Newsmakers

CloudMD (OTC: DOCRF) Closes U.S. Acquisitions of Benchmark Systems Inc. and First U.S Based Chronic Care Clinic

VANCOUVER, British Columbia, Oct. 26, 2020 — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telehealth company revolutionizing the delivery of healthcare to patients, is pleased to […]