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Trading Ideas

Hedge Funds Aren’t Done Buying Arena Pharmaceuticals, Inc. (ARNA)

In this article we will check out the progression of hedge fund sentiment towards Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […] …read more […]

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Business News

California court hears appeal of $289 million verdict against Bayer in first Roundup cancer trial

A California appeals court on Tuesday heard arguments in the first case that went to trial over allegations that Bayer AG’s glyphosate-based weed killer Roundup causes cancer, resulting in a $289 million judgment against the company.

…read more […]

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Trading Ideas

How Much Should I Have Saved for Retirement by Age 60?

If you’re around 60-years old, you may be wondering, “How much should I have saved for retirement by age 60?” After all, by age 60 you are likely either ready to retire or getting close.
The truth is, there is no easy answer to this question. The amount you should have saved by age 60 will depend upon your current lifestyle and the lifestyle you want to live in retirement.
True financial freedom in retirement means you can enjoy the life you want to live free from worry or anxiety about money. So how much money does a 60-year old person need …read more […]

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Trading Ideas

Make Your Fortune From “Variant Perception”

The market is in a constant ebb and flow, regularly influenced by the latest headlines.
Today, Nicholas Vardy explains how variant perception offers a different way of looking at things… and a whole new investment strategy.

“Variant perception is the effort to become sufficiently knowledgeable about whatever the subject is, that at a time to be at variance from consensus, because one of the few sure ways to make money in the market is to have a view that is off consensus and have that view turned out to be right.”
– Michael Steinhardt
The phrase “variant perception” was coined by an irascible stock …read more […]

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Trading Ideas

Peloton Shares Climb With Fitness Buffs Steering Clear of Gyms

(Bloomberg) — Peloton Interactive Inc. climbed to near all-time highs after Evercore ISI analysts said that gym goers are unlikely to return to in-person fitness routines once economies begin to open.Shares of the interactive exercise company have rallied 71% this year and are up 170% from their March lows as nationwide stay-at-home orders forced people to alter their work-out routines. In May, the company reported third-quarter revenue jumped 66% and raised its outlook for full-year sales and connected-fitness subscribers.Early digital data from states including Texas, Georgia, Florida and Ohio that have begun to reopen gyms suggests people remain reluctant to …read more […]