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Trading Ideas

China Traders Sense Victory Over Stock Market, as Well as Virus

(Bloomberg) — Among China’s equity trading community, a risky triumphalism is taking root. The nation, the argument goes, is shielded from global volatility and patriotic investing will be rewarded.It’s not hard to see why. The Shanghai stock benchmark is the only gauge of note worldwide to post gains in the past month, while others are tumbling into bear markets. Against the S&P 500 Index, the Chinese index is nearing its highest level in almost two years.Fueling Chinese confidence is a sense that the country is gaining victory over the coronavirus that first spread in Wuhan. President Xi Jinping visited the …read more […]

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Trading Ideas

Hedge Funds Aren’t Crazy About 3M Company (MMM) Anymore

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]

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Trading Ideas

Hedge Funds Have Never Been This Bullish On Altria Group Inc (MO)

Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% 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 […] …read more […]

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Trading Ideas

Ford Dividend Cut Seen as Likely to Protect Cash Amid Virus Woes

(Bloomberg) — Ford Motor Co. probably will be forced to cut its dividend to conserve cash through months of pain brought about by the coronavirus, analysts at RBC Capital Markets said.The viral illness that initially looked like an issue for auto supply chains in China is now a pandemic threatening vehicle demand around the globe, Joseph Spak, who rates Ford shares the equivalent of a hold, wrote Thursday. Industry sales have cratered in China and could fall by as much as half in the U.S. and parts of Europe for several months, he estimated.In listing the “burning questions” clients are …read more […]

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Business News

Ford takes aim at Jeep with new Bronco SUVs

Nearly 55 years after the debut of the original Ford Bronco — and 24 years after the demise of the last one — Ford Motor Co. is dusting off one of its treasured nameplates this spring in hopes of reviving a decades-old rivalry with Fiat Chrysler Automobile’s popular Jeep brand.

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