Trading Ideas

It may be time to lighten the load on stocks. Here’s what Goldman Sachs just signaled. …read more […]

Maybe I’m lucky. Or maybe it’s just common sense.
I’ve been involved in the investment advisory business for 30 years. And except for a few early mistakes buying real estate, the big financial hoaxes and bubbles that devastated so many investors never burned me.
That made a huge difference over time. It allowed me to grow my net worth year after year without a single year of loss.
I learned several lessons about growing wealth and avoiding the biggest mistakes average investors make.
The financial life of the typical investor is marked by a plethora of hopeful speculations. Only a few dozen, at best, …read more […]

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Top news and what to watch in the markets on Monday, July 6, 2020. …read more […]

The mass adoption of bitcoin or cryptocurrencies is yet to be achieved, according to several metrics tracked by The Block Research.The post Bitcoin’s mass adoption is still a dream, reveals data appeared first on The Block. …read more […]

California officials canceled fireworks and closed beaches in some counties this Fourth of July weekend, as the state faced an explosion of new coronavirus cases. California’s early success battling the virus has turned into a crisis. Photo: Getty Images …read more […]

(Bloomberg) — Semiconductor Manufacturing International Corp. is preparing to raise as much as $7.5 billion via mainland China’s largest stock sale in a decade, a big cash infusion for a chipmaker Beijing’s counting on to reduce reliance on American technology.China’s top homegrown chipmaker could sell as much as 53.2 billion yuan of shares, according to a Sunday filing with the Shanghai Stock Exchange. In May, analysts estimated a Shanghai listing could fetch somewhere in the $3 billion range. The offering would be the largest since Agricultural Bank of China Ltd.’s 68.5 billion yuan initial public offering in 2010. SMIC’s Hong …read more […]

Jul.06 — France already has a new prime minister, but the rest of the government is expected to be announced today, according to AFP citing the presidency. Bloomberg’s Caroline Connan reports on “Bloomberg Markets: European Open.” …read more […]

Jul.06 — France already has a new prime minister, but the rest of the government is expected to be announced today, according to AFP citing the presidency. Bloomberg’s Caroline Connan reports on “Bloomberg Markets: European Open.” …read more […]

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Jul.06 — Freddie Lait, chief investment officer at Latitude Investment Management, discusses the current state of markets and where he sees them heading. He speaks on “Bloomberg Markets: European Open.” …read more […]

(Bloomberg) — Hong Kong stocks joined the rest of the world in bull market territory Monday, after a more than $1.1 trillion rebound.The Hang Seng Index jumped 3.8%, extending its rally from March’s low to 21%. Tencent Holdings Ltd. and Hong Kong Exchanges & Clearing Ltd. have contributed 42% of the benchmark’s gains during the period, according to data compiled by Bloomberg. Sino Biopharmaceutical Ltd., the gauge’s biggest gainer of 2020 as of June 30, and Tencent were the only two Hang Seng members to fall Monday while underperforming sectors in Hong Kong — including autos, commodities and financials — …read more […]

Rains triggered floods and landslides in a part of southern Japan that hasn’t had many reported coronavirus cases. WSJ’s Peter Landers describes how authorities are working to make sure the rescue effort doesn’t accidentally spread the virus. Photo: Koji Harada/Kyodo News/Associated Press …read more […]

(Bloomberg) — Saudi Arabia raised pricing for August oil shipments to Asia, the U.S. and northern Europe amid signs that energy demand is continuing to recover from its coronavirus-triggered collapse.The move comes as the world’s biggest crude exporter pushes other major producers to join it in cutting supply to re-balance the market.State producer Saudi Aramco lifted the official selling price for flagship Arab Light crude to customers in Asia, its biggest market, for a third-straight month, though by less than traders expected. The grade will sell in Asia at $1.20 a barrel above the Middle East benchmark, compared with a …read more […]

(Bloomberg) — U.S. stock index futures advanced Monday as investors focused on the prospects for an expansion of economic stimulus to help counter the impact of the spreading global pandemic.September contracts on the S&P 500 rose 1.1% as of 8:11 a.m. in London. Futures on the Dow Jones Industrial Average climbed 1.3% and those on the Nasdaq 100 Index added 1.2%. U.S. financial markets were closed on Friday before Independence Day on July 4.The Stoxx Europe 600 Index jumped 1.7%, with all sectors trading in the positive territory.“With U.S. states continuing to post record cases into the July 4 weekend …read more […]