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Should You Follow This Top Analyst and Buy Roku Stock?

Roku (ROKU) stock fell along with the overall market when news came out that the coronavirus had spread considerably beyond China. Year-to-date, Roku is down nearly 24%, and investors are still expecting a volatile ride ahead so long as the coronavirus prevails.RBC analyst Mark Mahaney, however, believes Roku is set up for further growth in 2020, after what can only be described as a mercurial ascent in 2019, in which Roku’s share price skyrocketed by almost 350%.The 5-star analyst reiterated an Outperform rating on Roku shares, while keeping his $170 price target intact. Should the target be met, shares could …read more […]

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Hedge Funds Have Never Been This Bullish On Atlassian Corporation Plc (TEAM)

We can judge whether Atlassian Corporation Plc (NASDAQ:TEAM) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into their best […] …read more […]

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Hedge Funds Have Never Been This Bullish On Applied Materials, Inc. (AMAT)

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]

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Hedge Funds Have Never Been This Bullish On The Charles Schwab Corporation (SCHW)

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]

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Hedge Funds Have Never Been This Bullish On ViacomCBS Inc. (VIAC)

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]

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Gold Fell 5% on Its Way to Higher Prices

Editor’s Note: Yesterday, we heard from Rich Checkan, a gold investing expert and friend of ours here at Wealthy Retirement.
Rich is the president of Asset Strategies International, and last time, he shared reasons why he believes a correction in the market was overdue even before the coronavirus panic caused stocks to tumble last week.
Today, Rich will take a closer look at what these market swings mean for gold – and why he believes it should be an integral part of your portfolio going forward.
If you’d like to learn more about Rich and Asset Strategies International, you can reach his office …read more […]

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What to Expect When Volatility Strikes

Volatility, as measured by the CBOE Volatility Index (VIX), takes into account the number of puts and calls being bought and sold on S&P 500 stocks. When the market is crashing, the VIX moves higher, and when the market is soaring, the VIX moves lower.
And in The War Room, we just played a historic move on the VIX for an overnight double-digit gain.
Here’s how we did it…
In this case, War Room members bought an iPath Series B S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) put option after days of watching the market take it on the chin. All we …read more […]

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Oaktree’s Howard Marks Says He’s Starting to Find Bargains to Buy

(Bloomberg) — The market selloff is creating enough bargains for investors to begin buying, though it’s too soon to call the bottom, according to Howard Marks, co-founder of distressed investment specialist Oaktree Capital Management.“We’re certainly buying,” Marks said in a Bloomberg Television interview on Friday. “If you’re a distressed investor, you must turn more aggressive when you’re given good chances. I’m not saying this is the bottom, but this is certainly a time to do some buying.”Stocks plunged and U.S. credit markets were suffering their worst day in a decade as fears intensify that the spreading coronavirus will hurt corporate …read more […]

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Bets on S&P 500 Demise Approach Record High With Volatility Jump

(Bloomberg) — The S&P 500 Index is already off more than 10% from a record, but traders are betting there’s more pain to come.Short interest as a percentage of shares outstanding on the $269 billion SPDR S&P 500 ETF Trust — a rough indicator of bearish bets on U.S. stocks — surged to 7.4% this week, according to data from IHS Markit Ltd. That just about matches the highest level seen over the last five years. And with the value of short bets around $20 billion, the dollar amount wagering on the S&P 500’s demise is close to a record.Traders …read more […]