Trading Ideas

I’m a horror story fan.
I grew up reading The Shining, Geek Love, The Haunting of Hill House and everything by H.P. Lovecraft, Peter Straub, Dan Simmons, Ray Bradbury and the masters of the genre.
That’s why Halloween is one of my favorite holidays.
But beyond ghost stories and gory films, October also tends to be a scary month for investors.
The Crash of 1929 began in October… Black Monday was October 19, 1987… The minicrash of October 1989 was on Friday the 13th…
The markets endured another minicrash on October 27, 1997… October 2007 marked the beginning of the financial crisis…
And let’s not forget, …read more […]

The Yale endowment model has enjoyed massive success and inspired many copycats, but over the last decade, it has lagged the market.
Today, Nicholas Vardy explains why and what investors can learn from this investment strategy.

David Swensen, manager of the Yale endowment and the university’s chief investment officer, is smarting.
Yale recently announced that its endowment returned a paltry 5.7% over the past year. Yale’s results trailed those of its largest rivals, Harvard and Stanford – both of which returned 6.5%.
Not exactly eye-popping returns.
With the average billion-dollar-plus college endowment returning just 5.8%… It’s no wonder Bloomberg called this year’s crop of college …read more […]

Major indexes are in the red today as worries over the U.S.-China trade war rattles the market. Managing Director at Moody’s investors service Atsi Sheth and Managing Partner and CEO of iQ Capital Keith Bliss join Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Jared Blikre to discuss. …read more […]

Nissan has tapped the head of its China business, Makoto Uchida, as its new president and chief executive, to help lead a recovery from the leadership crisis and sinking profitability that followed the arrest of its former chairman, Carlos Ghosn, last year. Uchida is replacing Hiroto Saikawa, who resigned after acknowledging receiving dubious income. The Japanese automaker announced Uchida’s appointment late Tuesday in a hastily called half-hour news conference by board members Yasushi Kimura and Masakazu Toyoda. …read more […]

Less than a week ago, Goldman Sachs private wealth management chief investment officer Sharmin Mossavar-Rahmani stoked investor worries with a comment putting the chances of a recession hitting the U.S. in 2020 at somewhere between 25% and 30%.But less than a week later, Goldman global strategist Peter Oppenheimer seemed to say the opposite, telling CNBC: “This downturn in manufacturing has been one of the longest on record and may start to stabilize, if not improve, somewhat soon … Growth has slowed but [the economy] is not close to recession,” he concluded.And we have to say — this all seems terribly …read more […]

Deutsche Bank’s Paul Achleitner was the best paid chairman of a German blue-chip company last year, according to a study published Tuesday. Achleitner earned almost 860,000 euros ($944,624.00), surpassing that paid to the chairmen of BMW and Fresenius by more than 200,000 euros, according to shareholder lobby group DSW. Achleitner, whose salary was 7.3% higher than a year earlier, ousted Deutsche’s chief executive in 2018, and the bank reported its first annual profit in four years. …read more […]

AbbVie Inc’s arthritis drug Humira and Roche Holding AG’s cancer drug Rituxan topped a list of seven treatments whose combined 2017 and 2018 price hikes accounted for a $5.1 billion increase in U.S. spending, a report released on Tuesday showed. The price hikes were more than twice the rate of medical inflation and were not supported by any new clinical evidence, the Institute for Clinical and Economic Review (ICER) said in the analysis. Other top treatments by spending that were called out included Pfizer Inc’s pain drug Lyrica, Gilead Sciences Inc’s HIV drug Truvada, Amgen Inc’s cancer drug …read more […]

The mobile version of videogame franchise “Call of Duty” racked up 100 million downloads in its first week, industry site Sensor Tower said on Tuesday, dwarfing the debuts of previous smashes including “Fortnite” and “PlayerUnknown’s Battlegrounds” (PUBG). PUBG, Fortnite and Electronic Arts’ “Apex Legends” scored 26.3 million, 22.5 million and 25 million respectively in their first week of release. “This is by far the largest mobile game launch in history in terms of the player base that’s been built in the first week,” said Randy Nelson, head of mobile insights at Sensor Tower. …read more […]

(Bloomberg) — Nissan Motor Co. named the head of its China joint venture as chief executive officer, as the Japanese carmaker looks to heal divisions caused by its former chairman’s arrest and repair fraught relations with partner Renault SA.Makoto Uchida, 53, will work alongside Ashwani Gupta from affiliate Mitsubishi Motors Corp., who was named chief operating officer while Jun Seki, the former chief of Nissan in China, will become deputy COO., the board said Tuesday.Nissan’s third boss in as many years will need to address deteriorating profits and strained relations with Renault as well as executing a massive restructuring.Nissan’s relationship …read more […]

Q2 2019 TherapeuticsMD Inc Earnings Call …read more […]

Investors can approximate the average market return by buying an index fund. Active investors aim to buy stocks that… …read more […]

Buyout group Blackstone and Danish family investor Kirkbi are launching the sale of German insulation foam maker Armacell in a potential 1.3-1.5 billion euro ($1.43-$1.65 billion) deal, people close to the matter said. Rothschild has been brought in to handle the deal, the people said. Blackstone and Kirkbi, the owner of the Lego toy brand, declined to comment, as did Rothschild. …read more […]

The mobile version of videogame franchise “Call of Duty” racked up 100 million downloads in its first week, industry site Sensor Tower said on Tuesday, dwarfing the debuts of previous smashes including “Fortnite” and “PlayerUnknown’s Battlegrounds” (PUBG). “This is by far the largest mobile game launch in history in terms of the player base that’s been built in the first week,” said Randy Nelson, Head of Mobile Insights at Sensor Tower. The first-person shooter hit’s publisher Activision Blizzard Inc launched Call of Duty: Mobile on Oct. 1. …read more […]

Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural gas (LNG) project in Mozambique. The U.S. oil company’s $30 billion Rovuma LNG project, jointly operated with Italy’s Eni, has a capacity of more than 15 million tonnes a year (mtpa) and is set pump much-needed cash into the southern African nation’s ailing economy. “The Area 4 partners will advance midstream and upstream area project activities of more than $500 million as initial investments,” Exxon head of power and gas marketing Peter Clarke told a ceremony in Mozambique’s capital Maputo …read more […]

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will… …read more […]