Trading Ideas

Indian stocks are set to rise further over the coming year, according to a Reuters poll of equity strategists, but those gains will be limited as fiscal stimulus and easy monetary policy fail to reverse an economic slowdown. “The slew of measures announced by the government in recent months and the Reserve Bank of India reducing rates should result in only a very gradual recovery in demand over the next 12 months,” said Sher Mehta, director at Virtuoso Economics. When asked what would most likely drive Indian stocks over the next 12 months, a significant minority of respondents …read more […]

(Bloomberg) — Rio Tinto Group lifted its spending on new iron ore projects in Australia to more than $4 billion with the approval of a replacement mine at a key hub, providing a further sign of the industry’s confidence in demand led by China.London-based Rio will invest $749 million to bring the Western Turner Syncline Phase 2 project into production from 2021, according to a statement Wednesday. It will help extend the life of operations around the Tom Price mine, which began exporting in 1966.While the new project is aimed only at replacing output that’ll be lost from aging pits, …read more […]

Beijing-based company is first to gain FDA approval for a drug discovered by a Chinese company Continue reading… …read more […]

The Federal Aviation Administration said on Tuesday it notified Boeing Co that the agency will be the only issuer of airworthiness certificates for all new 737 MAX planes, a role that it had shared with the aircraft maker in the past. The U.S. air regulator also repeated that it has not completed its review of the 737 MAX aircraft design changes and associated pilot training. …read more […]

Stock-based compensation distorts incentives Continue reading… …read more […]

Q4 2019 PennantPark Floating Rate Capital Ltd Earnings Call …read more […]

Box Inc raised its full-year revenue forecast on Tuesday after reporting better-than-expected third-quarter sales, as the cloud management platform benefited from higher customer addition. Box raised full-year revenue forecast to a range of $693.7 million to $694.7 million compared with its earlier expectation of $690 million to $692 million, the midpoint of which is above analysts’ estimate of $690.9 million, according to IBES data from Refinitiv. Demand for cloud storage has risen over the past year as companies shift work to cloud due to convenience and lower costs. …read more […]

Former Chairman of LVMH North America Pauline Brown joins YFI PM to discuss her new book “Aesthetic Intelligence,” shares her views on Tesla’s new pickup truck, and more. She speaks wIth Yahoo Finance’s Zack Guzman, Heidi Chung, and BigEyedWIsh Founder Ian Wishingrad. …read more […]

Which stocks represent the most compelling investments? This is the million-dollar question for investors. Well, we say million, but that’s possibly for millionaires. For us mere mortals, it is probably the ‘few thousand-dollar question.’We all know by now that 2019 has been a record-breaking year, with the S&P 500 breaking its own record multiple times, so it gets harder to know which stocks offer good value after such a sustained rally.TipRanks’ Stock Screener is one way to get the lowdown, as it has a variety of filters, including upside potential, analyst consensus, and investor sentiment in which to gauge the …read more […]

I recently detailed three reasons to be bullish on the stock market today.
One reason I listed for being bullish was merger and acquisition (M&A) activity. And since I shared that piece…

Charles Schwab Corp. (NYSE: SCHW) reached an agreement to acquire TD Ameritrade Holding Corp. (Nasdaq: AMTD) for $26 billion.
Louis Vuitton’s parent company, LVMH (OTC: LVMUY), raised its bid for Tiffany & Co. (NYSE: TIF) and then confirmed an agreement to buy the jewelry retailer for $16.2 million.
Novartis (NYSE: NVS) agreed to acquire The Medicines Company (Nasdaq: MDCO) for $9.7 billion.

According to Ernst & Young’s Capital Confidence Barometer, a “massive majority” …read more […]

Mohamed El-Erian, Allianz’s chief economic adviser, says there will be ‘a mini deal that will see a truce through next year.’ …read more […]

Nail down a good rate, and you could save yourself thousands in interest costs. …read more […]

Medical device company Inspire MD (NSPR), best known for developing innovative MicroNet technology for vascular procedures, has attracted investor attention today following its release of updated registry data at the 2019 VEITH Symposium. As of this writing, Inspire MD shares are soaring nearly 15%.According to the findings, NSPR’s CGuard Embolic Prevention System (EPS) for the prevention of strokes caused by carotid artery disease saw procedural success in 100% of patients in the IRONGUARD 2 study. Not to mention the system isn’t associated with any major periprocedural, 30-day or one-year neurological complications.“The data from long term investigator-initiated multi-center studies presented at …read more […]

It’s sure been an adventure for retailers this earnings cycle…
In past Trade of the Day issues, we’ve discussed the dramatic earnings moves we’ve been seeing from names like Target (up big), Walmart (up big and then reversed lower), Home Depot (down big) and even Canada Goose (down big).
Noting these oversized moves, we decided to continue playing this trend since it’s been delivering profitable trades. And yesterday, this meant recommending members move into a new position on Dick’s Sporting Goods (NYSE: DKS).
Truth be told, given what we’ve seen lately, I thought Dick’s would move lower in reaction to earnings. Boy, was …read more […]

Ford is challenging Tesla to what it calls an “apples to apples” tug of war after Elon Musk tweeted out a video comparing the strength of its Cybertruck to an F-150. Yahoo Finance’s Akiko Fujita, Ines Ferre, Dan Howley and Emily McCormick discuss. …read more […]