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Market News

Location American Market News for 6 February 2018

Market Plunge Lays Bare the Peril of 'FOMO'

Wall Street Journal - 6 Feb 2018 20:30
The only thing investors have to fear, Franklin Delano Roosevelt might have said, is the fear of missing out. As investors struggle to grasp the recent sell-off, it is worth taking a look at popular recent advice.
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Staying Healthy Through The Financial Flu Season As much as you want to avoid shaking hands with someone who just caught their sneeze in their palm, you need to avoid the talking heads, newsletter writers, and professional pundits who claim authority on what is best fo...
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Despite Dropoff, 'There's Nothing Wrong With The Crypto Markets,' Says Crypto Asset Manager The cryptocurrency market is in a weeks-long slide, and investors have pointed to many different factors as causes for the drop. But one crypto asset manager thinks there's a simpler justification at work.
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Volatility Returns - Exploring The Reasons And What Happens Next A dramatic and sudden two-day plunge put the S&P into negative territory for the year, erasing January's gains. Let us explore some reasons for the selloff and discuss where we think we will end up when the dust settles.
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Bank of America's Stock Looks Less Sensitive To Fed Rate Hikes Than Peers Late last week, the President of the San Francisco Federal Reserve hinted at the possibility of four rate hikes in 2018. While rising rates are largely considered a negative for most industries, the U.S. banking sector w...
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Snap soared after an earnings report that beat analyst expectations, with shares jumping up to 28 percent during after-hours trading.
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The ESPN service, expected to launch in early 2018, will be Disney's first direct-to-consumer streaming product.
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How Sensitive Is NetApp's Valuation To Its Product Margins? NetApp saw solid revenue growth through 2017. NetApp's enhanced focus on its Strategic Product line drove the revenue growth. As a result, its share in the external storage systems market expanded from 10.8% in 2016 to o...
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Shares of Chipotle rose Tuesday after the company posted better than expected fourth-quarter earnings.
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Yelp's Q4 Revenues Likely To Grow, Albeit At A Slower Rate Yelp is set to report its Q4 results on February 7. As Yelp's user base and revenues from mobile continue to improve, we expect local ad revenues to grow once again in Q4.
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What does tax data say about long-term capital gains? Individuals and companies account for the bulk of long-term capital gains declared, shows a 'Mint' analysis of income tax data
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A market correction was long overdue: Saurabh Mukherjea The Indian markets are still 15-20% overvalued, but that does not mean that the markets will correct by that much, says Ambit Capital CEO Saurabh Mukherjea
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Demand for gold, realty still subdued despite meltdown in equities market Gold, considered a safe asset to hold in volatile times, rose around 13% last year, followed by another 3% this year
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Researching Stocks That Can Grow As Interest Rates Rise Wages are going up because an accelerating economy with low unemployment is making it necessary for companies to compete to keep good employees. In my neighborhood, higher wages are cause for celebration and investment. ...
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Market shock: Sensex, Nifty slump, tracking global rout Sensex slips 3.67% before pulling back to erase more than half of the day's losses
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How the Bull Market's Greatest Trade Went Bust

Wall Street Journal - 6 Feb 2018 20:36
A record increase in volatility blew up a trade that had been among the most lucrative of the entire bull market--betting the market would get calmer and stay calm.
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Capricorn Food files for IPO to raise Rs500 crore

livemint.com - 6 Feb 2018 20:31
Capricorn Food files for IPO to raise Rs500 crore Proceeds from the sale of new shares will be utilized to repay debt availed of by Capricorn Food Products India and its subsidiary and to meet general corporate expenses
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NBA Scores High Credit Rating For $3.7 Billion Of Debt The NBA's leverage of around 2.79 times cash flow in 2018 will decline to 1.98 during the duration of the national television contracts.
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After Market Drop, This Gut-Check For Your Portfolio Is Essential Resist the urge to think about how in hindsight if was obvious how you could have protected yourself from market volatility. Instead, consider a gut-check for your portfolio.
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For Banks, This Volatility Is Too Much

Wall Street Journal - 6 Feb 2018 19:53
Banking stocks have been hit along with everything else the past couple days. Are investors making a mistake?
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Regulators May Need More Power To Control Bitcoin, Senate Banking Chair Says Regulators may need more power/clarification from Congress to control Bitcoin says Senate Banking Committee Chair Mike Crapo. SEC Chair Jay Clayton left the door open to asking for it.
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Top Fund Manager Is Buying Micron And IBM, Eyeing Facebook, Alibaba, And Cisco It's often hard to buy stocks after a selloff when stocks are cheap. Since Tony Mitchell started his fund at Marketocracy 17 years ago, he has navigated 2 market crashes and outperformed the top U.S. equity mutual fund m...
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