Trading Ideas

Asian stocks edged higher on Friday, tracking the global lift in sentiment after the UK and the European Union struck a long-awaited Brexit deal, but concern about the Chinese economy is likely to cap gains with data expected to show weaker growth. Sterling, which had enjoyed its biggest rising streak since October 1985 and hit a five-month high on the back of the Brexit deal, gave up ground on Friday morning amid doubts that the agreement would receive parliamentary approval. MSCI’s broadest index of Asia-Pacific shares outside Japan was up about 0.1% in early trade, echoing Wall Street’s …read more […]

Oil prices were stable on Friday ahead of data that analysts say could show China, the world’s largest oil consumer, just recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States. Global benchmark Brent crude oil futures fell by 9 cents, 0.2%, to $59.82 a barrel by 0039 GMT. U.S. West Texas Intermediate (WTI) crude futures were up by 4 cents, or 0.07%, to $53.97 per barrel. …read more […]

AT&T and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with the matter said on Thursday. Elliott is pressing the telecommunications giant to cut costs, make management changes and scale back expansion aspirations in one of its most ambitious investor campaigns to date. The meetings have taken place since shortly after Elliott, one of the world’s most powerful activist investors, six weeks ago sent a four-part proposal for changes to AT&T. The fund says the changes could …read more […]

LONDON/WASHINGTON (Reuters) – Facebook’s plans to launch its Libra cryptocurrency faced a new hurdle on Thursday when the Group of Seven wealthy nations said such “stablecoins” should not be allowed to launch until the profound international risks they pose are addressed. When launched on a wide scale, stablecoins – digital currencies usually backed by traditional money and other assets – could threaten the world’s monetary system and financial stability, a G7 working group said in a report to finance ministers gathered in Washington for the IMF and World Bank fall meetings. The emerging technology, which like other cryptocurrencies …read more […]

Brazilian state-run oil firm Petroleo Brasileiro SA posted a significant production boost in the third quarter, as heavy investments in its deepwater pre-salt zone showed signs of paying off. Investors and analysts have been watching the firm’s production figures closely in recent quarters, and the company’s ability to swiftly boost output is key to its current strategy. In a Thursday securities filing, Petrobras, as the firm is commonly known, said it produced 2.878 million barrels of oil equivalent per day (boepd) in the third quarter, up 9.3% from the previous quarter and 14.6% from the same period a …read more […]

The opioid crisis has already cost the U.S. at least $631 billion, according to a study released this week by the Society of Actuaries.The figures cover the four-year period from 2015 to 2018, and by the end of this year, the tally will reach as high as $845 billion. Individuals and the private sector have borne about 70% of the burden, with federal, state and local governments bearing a bit less than a third. The study estimates that the cost across all levels of governments was $186 billion.The actuaries said the biggest cost was associated with lost earnings of those …read more […]

(Bloomberg Opinion) — Investors looking for signs that the worst is over for the chip sector would be pleased by what Taiwan Semiconductor Manufacturing Co. served up Thursday. All of its key earnings data point to a rebound in demand, and more importantly to pragmatic inventory management after a glut last year dragged down the entire industry. TSMC’s third-quarter net income beat estimates and its fourth-quarter revenue outlook came in at the top of analysts’ expectations. But the standout headline from the company’s investor conference was its decision to boost its capital expenditure this year by close to 40%. By …read more […]

The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable cause of a March 2018 Uber Technologies Inc self-driving vehicle crash that killed a pedestrian in Arizona. The crash, involving a Volvo XC90 sport utility vehicle that Uber was using to test self-driving technology, was a blow to the autonomous vehicle industry and led other companies to temporarily halt their testing. Elaine Herzberg, 49, was walking her bicycle outside the crosswalk on a four-lane road when she was struck by the Uber vehicle traveling 39 miles per hour (63 kph). …read more […]

On Thursday, a slew of Wall Street analysts reacted to Netflix’s third-quarter earnings results, with many focusing on the company’s efforts to tackle competition as rivals launch new platforms. Piper Jaffray analysts expect Netflix to continue to capture a significant portion of traditional content dollars as they migrate to streaming, while reiterating their overweight rating and lowering their price target to $400. The Final Round panel discusses in the “Call of the Day” segment. …read more […]

As previously stated in last week’s Trade of the Day, War Room members struck pay dirt on a Brexit strangle using Royal Bank of Scotland. Some members walked away with profits higher than 200%! Most scored a nice double.
War Room members bailed early because it was the right thing to do…
Buy on the rumor and sell on the news is a very good strategy to live by on Wall Street.
At the first inkling of a Brexit deal, Royal Bank of Scotland shares shot up, and the options followed. But there was a pause as both parties, the U.K. and the …read more […]

Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients’ money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […] …read more […]

As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the second quarter. We get to see hedge funds’ thoughts towards the market and […] …read more […]

Is Macerich Company (NYSE:MAC) a good bet right now? We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of […] …read more […]

Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […] …read more […]

At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of June 28. In this […] …read more […]