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Market News

Location American Market News for 1 August 2019
Assessing The Fed's Next Move - Four Perspectives What's next for the Fed?
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Families Go Deep in Debt to Stay in the Middle Class

Wall Street Journal - 1 Aug 2019 17:35
Wages stalled but costs haven't, so people increasingly rent or finance what their parents might have owned outright. The unreachable goal for some: becoming a homeowner.
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Bitcoin Is Here To Stay -- The U.K. Didn't Ban It The U.K's regulator pusblished a more friendly report on crytp assets and there isn't any thing which is sticking like a soar thump
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CAG claims tax exemption on farm income has been allowed based on 'inadequate verification or incomplete documentation' in more than a fifth of the 6,778 cases.CAG report comes at a time the CBDT is finalising a new dire...
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Trump Needs A Trade Deal Done This Month

Forbes - 1 Aug 2019 23:53
By driving a harder line on negotiations with China, he ultimately soured business confidence to the point that the Fed was forced into a "defensive" cut.
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Treasury to Sell $162 Billion in Debt

Wall Street Journal - 1 Aug 2019 23:41
The U.S. Treasury Department will auction next week $162 billion in securities, comprising $123 billion in new debt and $39 billion in previously sold debt.
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Bank Stocks Decline After Trump's New Tariff Threat

Wall Street Journal - 1 Aug 2019 23:37
Bank stocks fell sharply after President Trump's latest tariff threat sent U.S. Treasury yields tumbling and raised new questions about the outlook for economic growth.
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Overstock Is in the Red, but Its Shares Are Soaring

Wall Street Journal - 1 Aug 2019 22:20
Overstock.com shares have more than doubled over the past two months, one of the best gainers among U.S. stocks, even as the company struggles.
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How Does CSX Corporation Generate Its Revenues? CSX Corporation (NYSE: CSX) generates its revenues primarily from various commodities freight, clubbed under three key segments: Merchandise, Coal, and Intermodal. Look at our interactive dashboard analysis ~ CSX Corpora...
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Is Shopify Overvalued?

Forbes - 1 Aug 2019 21:07
Is Shopify Overvalued? Shopify - an e-commerce platform that allows businesses to create and run online stores - has seen its stock soar by close to 10x since its 2015 IPO. The company has two revenue streams - namely Subscriptions (which give...
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When Couples Have Different Attitudes About Aging

Wall Street Journal - 1 Aug 2019 20:34
Ask Encore: Retirement columnist Glenn Ruffenach also answers questions on IRAs and Medicare.
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Dead Calm Before the 5G Storm

Wall Street Journal - 1 Aug 2019 20:24
Qualcomm, Apple and others suffer big smartphone slump ahead of 5G rollout. But will next year really bring relief?
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Why Travelzoo Stock Rose 3x, Then Dropped 50% Travelzoo's share price has traced a pronounced crest-and-trough pattern since early 2018. Trefis analyzed Travelzoo's Earnings trends over the last six quarters to understand the reasons behind these extreme price fluct...
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Oil Has a Shale Problem, Not an Oil Problem

Wall Street Journal - 1 Aug 2019 19:18
The earnings erosion at Concho Resources underscores investors' concerns are with spending on shale, not spending in general.
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Investors' Reassessment of Fed Drags Yields Below 2%

Wall Street Journal - 1 Aug 2019 18:23
U.S. government bond prices rose Thursday, after the Federal Reserve cut interest rates while providing mixed signals about the course of monetary policy.
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Detroit Is Hooked on Trucks

Wall Street Journal - 1 Aug 2019 18:20
Investors worry when market rallies depend on the performance of just a few star stocks. Something similar is going on in the car industry, where profit growth now depends on a perilously narrow story of U.S. light-truck...
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Stay Hungry for Yum

Wall Street Journal - 1 Aug 2019 18:14
Yum Brands has never been as richly valued, but its growth and cash flow are enough to keep the stock rising.
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Fitbit Shares Hit as Smartwatch Market Gets Crowded

Wall Street Journal - 1 Aug 2019 18:11
FitBit's smartwatch business is running low on power in the battle for arm space with rivals Apple Inc. and Samsung Electronics Co.
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Look Under The Hood: The Invesco QQQ ETF Has 10% Upside For the Invesco QQQ ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $209.55 per unit.
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The Implied Analyst 12-Month Target For The Vanguard Mega Cap Value ETF For the Vanguard Mega Cap Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $88.89 per unit.
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Music to Apple's Ears

Wall Street Journal - 1 Aug 2019 16:50
Apple's AirPods met with no small amount of derision when they first hit the market three years ago. Now the company is laughing all the way to the bank as sales of wearables and accessories surged 48% in the fiscal thir...
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The company forecast U.S. cigarette volumes would now fall 5.5% this year, more than its previous estimate for a 4-5% decline.
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