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Market News

Location American Market News for 27 March 2018
Bitcoin breaches $8,000 level as March slump accelerates After reaching a record high of $20,000 in December, Bitcoin has slumped about 60% as investors reconsider its prospects in the face of increasing scrutiny around the world
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Blockchain caught in regulatory crossfire

livemint.com - 27 Mar 2018 23:31
Blockchain caught in regulatory crossfire Without clearly defined regulations for products based on blockchain technology, the future of this industry remains uncertain
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Sebi panel suggests steps to improve governance at bourses, depositories The Sebi panel suggested mandatory rotation of key management personnel, capping salaries for such personnel at bourses and increasing the proportion of public interest directors
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Why Apple Got Schooled by Google

Wall Street Journal - 27 Mar 2018 22:01
Apple's business model makes it hard to compete with Google in budget-conscious education market.
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Top Managers Betting On Nvidia, Netflix, And Facebook After a strong January, the S&P 500 is now down 2.76% for the year. Many investors are considering moving to cash until the volatility settles down. But volatility can present opportunities for gains. My best managers ar...
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A Look At Our $38 Price Estimate For Comcast The media industry is in a transformative phase, as streaming media and live videos on social media take center stage, threatening the traditional pay TV industry. Nevertheless, Comcast was able to grow its cable revenue...
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A Technical Lesson In Bitcoin

Forbes - 27 Mar 2018 21:25
A Technical Lesson In Bitcoin This week'sNewsweekheadline, predicting Bitcoin valued at $30,000 by the end of the year, certainly caught my attention.Given the many extremely bullish forecasts regarding Bitcoin, I believe an objective, technical revi...
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Is The Market Pricing EOG Resources Fairly?

Forbes - 27 Mar 2018 21:12
Is The Market Pricing EOG Resources Fairly? The company has largely benefited from higher crude oil and natural gas prices with the extension of oil production cuts by the Organization of Petroleum and Exporting Countries and non-OPEC allies. Additionally, the com...
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How FDA Announcements Have Resulted In Altria's Stock Being Undervalued Two announcements by the FDA in March rattled a few investors. First, the FDA announced it was working on a policy framework to lower the nicotine levels in cigarettes. A few days later....
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Gap's Earnings Overstated In Fiscal 2018

Forbes - 27 Mar 2018 18:21
Gap's Earnings Overstated In Fiscal 2018 Last week, analysts parsed 172 10-K filings and collected 20,140 data points. In total, they made 3,110 forensic accounting adjustments with a dollar value of $1.4 trillion. Senior Analyst Lindsay Bohannon identified a f...
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Sorry Bears, These Big Market Corrections Are Not Evidence 'The End Is Near' Don't panic! February's market correction now qualifies as economic history. Second quarter data will set the stage for second half of 2018.
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Foxconn's life after Apple depends on a bit of nostalgia Foxconn affiliate FIT Hon Teng Ltd announced it's dropping $866 million in cash to buy Belkin International Inc. and the purchase includes Belkin phone accessories
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This Sentiment Indicator Has A Message For You I scout a series of common sentiment indicators, and have created a few of my own which my team and I use to make decisions for the portfolios we manage. I just devised a new sentiment indicator, a very personal one, and...
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Volatility to rule the Indian market in near term: Manishi Raychaudhuri In the near term, market volatility to continue in India on account of uncertainties with regard to NPAs in the banking sector and consequent damage the investment cycle may suffer, he says
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Russian Steel Giant Severstal First To Sue U.S. Government Over Tariffs Severstal sues the U.S. government over steel tariffs. Small Miami import office at stake, company says.
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More Than A Coin: The Rise Of Civic Cryptocurrency Cities around the globe are leading a revolution in the creation of complementary "civic currencies" designed to promote local economic development, foster active citizenship, and invest in sustainability while building ...
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Lemon Tree IPO sees 44% subscription on Day 2

livemint.com - 27 Mar 2018 15:38
Lemon Tree IPO sees 44% subscription on Day 2 The Lemon Tree IPO, which aims to raise Rs1,038.68 crore, received bids for 57,216,945 shares against the total issue size of 129,835,580 shares, NSE data showed
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Market Update - Filtering Out The Short-Term Noise Last week, markets tumbled, erasing 2018's gains for most major global equity indices. This serves as a reminder that the market will do whatever it needs in the short run. With that in mind, let's filter out some of the...
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Is Trump's Tough Tariff Talk His Art Of The Trade Deal? President Trump is known for his 1980s book, The Art of the Deal. Some in the market are seeing his tough trade talk now as merely a negotiating tactic.
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This Bull Market Is Getting Tired As Downside Risks Outweigh The Upside BNP Paribas thinks the market will be trading sideways for a while.
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How much tax do you pay on your investments?

livemint.com - 27 Mar 2018 14:29
How much tax do you pay on your investments? Consider the tax implication of every asset class before investing in order as they might reduce your overall returns
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Take the pain out of high flight cancellation charges When you cancel an airline ticket, mostly the refund is as good as none. But with some online ticket platforms and insurers you can choose options, for a fee, that allow a much more substantial refund
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