No Picture
Trading Ideas

Don’t Buy Into the Decline of America

Conventional wisdom is that the U.S. empire is on the skids, but is that really the case? Americans are always focused on some foreign adversary – real or imagined.
Today, Nicholas Vardy examines America’s unique history of self-deprecation and what’s really happening in the U.S.

Conventional wisdom is that the U.S. empire is on the skids.
America’s best days are behind it.
Even President Donald Trump’s election slogan – “Make America Great Again” – embodies this nostalgia for better days gone by.
German journalist Josef Joffe calls this sentiment “declinism.” And it’s nothing new.
Whether it was the Soviet’s launch of the Sputnik satellite in the …read more […]

No Picture
Trading Ideas

Exclusive: UK's Labour sticks to 'basic' $20 cyber defense after attacks, emails show

Britain’s opposition Labour Party was using a $20-a-month “basic security” service to protect its website when hackers attempted to force it offline last week and temporarily slowed down online campaigning, according to internal emails seen by Reuters. Such entry-level protection is not recommended for large organizations at high risk of cyberattacks, but the messages show Labour has since decided against upgrading to an increased security package on grounds of cost. Labour and Britain’s governing Conservative Party were hit by back-to-back cyberattacks last week, just days into an election campaign security officials have warned could be disrupted by foreign …read more […]

No Picture
Trading Ideas

Qualcomm forecasts 450 million in global 5G phone sales in 2021

Going by Qualcomm’s own previous forecast of 200 million 5G devices for next year, the 2021 forecast suggests 125% growth from 2020. Qualcomm said 5G adoption will be faster than 4G due to the timing of commercialization of the technology in China and availability of chipsets across different price tiers. Analysts attach importance to occasional smartphone estimate figures from Qualcomm, given its close relationship with phone makers. …read more […]

No Picture
Trading Ideas

Qualcomm forecasts 450 mln in global 5G phone sales in 2021

Qualcomm Inc expects global smartphone makers to ship 450 million 5G handsets in 2021 and another 750 million in 2022, the world’s largest supplier of mobile phone chips said on Tuesday. Going by Qualcomm’s own previous forecast of 200 million 5G devices for next year, the 2021 forecast suggests 125% growth from 2020. Qualcomm said 5G adoption will be faster than 4G due to the timing of commercialization of the technology in China and availability of chipsets across different price tiers. …read more […]

No Picture
Trading Ideas

Hedge Fund Guru Dmitry Balyasny Bets Big on These 3 Semiconductor Stocks

Since founding his eponymous hedge fund in 2001, Dmitry Balyasny has earned a reputation as a risk taker. He chair’s Balyasny Asset Management’s (BAM) investment committee, and oversees the delivery of consistent, alpha-driven returns. In its Q3 13F filing, BAM reported over $14.5 billion in managed securities – and had made some interesting moves in the semiconductor industry. Interesting because Balyasny has built his strategy on outperforming the broader market indexes, but the chip stocks have underperformed of late. The question raised is, does BAM see something the rest of us do not?We used TipRanks databases to get an idea. …read more […]