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Market News

Location American Market News for 16 August 2019
Could New Jersey's American Dream Become Mall of America's Nightmare? The largest U.S. retail development of the 21st century is nearing completion. The 15-year history of American Dream in New Jersey's Meadowlands has been a story of multiple failed development attempts along with epic de...
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Disney Claims Force Was Too Strong at Star Wars Attraction

Wall Street Journal - 16 Aug 2019 19:42
Walt Disney Co. blames itself for the disappointing attendance at its new Star Wars theme-park attraction, believing heavy promotion scared off would-be visitors who expected crowds. But higher prices surely didn't help ...
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Uber Gives Investors the Worst of Both Worlds Uber's slowing growth and mounting losses reaffirms my belief that this stock has no viable path to justifying its valuation. Even after the stock's post-IPO decline, it remains significantly overvalued.
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Is This Really Currency War Or Just A Tantrum? The yuan-which is not convertible-cannot afford a war with the dollar, nor can the U.S. Federal Reserve control its currency so as to use it as a weapon against China.
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4 Stocks Breaking Out After Earnings

Forbes - 16 Aug 2019 16:50
These four stocks have strong technical momentum aligning with upbeat earnings.
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Growing At 237%, Snowflake Says It's Taking Business From Teradata and IBM Teradata revenues fell 12% in the second quarter while Snowflake's revenues soared 237% in the last year. Too bad Snowflake's not public.
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Turkish Fund Talks Terms To Snap Up Struggling Steel Is selling British Steel to a Turkish operator really the best solution; or is it just the quickest?
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Stocks Poised To Add To Gains As Trade, Bond Market Worries Ease Major Indices seem ready for gains today after a turbulent week as bond yields climb higher. Meanwhile, Nvidia (NVDA) and Deere (DE) shed more light on earnings season.
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Burberry Is Down at Heel Without China

Wall Street Journal - 16 Aug 2019 11:27
It isn't an easy time for companies that depend on selling expensive products to Chinese consumers. Trench-coat maker Burberry is particularly exposed to the chill winds blowing from Asia.
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Major U.S. stock indexes fell for the week on renewed concerns that the economy could be headed toward a recession, fueled by an inversion of the yield curve and other market signals flashing red.
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Expected Volcker Rule Update a Win for Large Banks

Wall Street Journal - 16 Aug 2019 22:14
An update of the Volcker rule expected next week will deliver a victory to large banks that have fought regulators' efforts to clarify trading definitions, said people familiar with the matter.
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Regulators Approve Bitcoin Venture Backed by NYSE Owner

Wall Street Journal - 16 Aug 2019 21:36
New York state regulators approved a key license for Bakkt, a venture designed to make it easier for consumers to store bitcoins and pay for purchases in the cryptocurrency.
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Just A Little Too Cute For Their Own Good

Forbes - 16 Aug 2019 20:24
Many investors continue practices that are just a little too cute for their own good. The most recent Dalbar study points out that as a result of their superior skill and cunning as market timers the average mutual fund ...
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Shares of GE Light Up Again

Wall Street Journal - 16 Aug 2019 20:01
Shares of General Electric bounced back--but this could be just the beginning of another painful stretch for the industrial conglomerate's stock.
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What Factors Led To A 35% Decline In Nvidia's Stock Price Over The Last 12 Months? Nvidia (NASDAQ:NVDA) is the market leader in graphic processor units (GPUs), and the company has seen its stock price decline by around 35% since fiscal Q2 2019. However, the stock price could trend higher in the near te...
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After Yield-Curve Inversion, Tech Stocks Look Promising

Wall Street Journal - 16 Aug 2019 19:07
Tech stocks have a history of outperforming the broader market following a yield-curve inversion, but investors will still have to pick carefully.
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Natural-Gas Prices Drop on Cooler-Weather Forecasts

Wall Street Journal - 16 Aug 2019 18:58
Natural-gas prices slid, on track to trim a weekly gain, as weather forecasts pointed to cooler temperatures ahead.
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Trump Just Sealed Soybean Farmers' Fate

Forbes - 16 Aug 2019 18:54
Trump Just Sealed Soybean Farmers' Fate Trump's trade war with China is cutting off $9 to $10 billion in U.S. soybean sales. If Trump and Chairman Xi don't come to an agreement U.S. farmers are going to be in a world of hurt. While subsidies help they don't ma...
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Why Is Dish Network's Stock Down About 40% Since 2015? Dish Network's (NASDAQ:DISH) shares have declined from over $57 in December 2015 to current levels of $32. In this analysis, we break down the key factors driving the change in Dish's stock price.
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How Much Of Hartford's Revenues Comes From Property & Casualty Insurance: 40%, 60% or 80%? The Hartford Financial Services Group is an insurance and financial services company which is one of the largest providers of property & casualty insurance and life insurance products in the U.S. The company is heavily d...
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Deere Is Coping, but Its U.S. Farm Customers Aren't

Wall Street Journal - 16 Aug 2019 18:26
For companies like Deere & Co., which reported results on Friday, the condition of some of its biggest customers is a concern.
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U.S. Government Bonds Decline as Investors Weigh Slowing Growth

Wall Street Journal - 16 Aug 2019 18:16
U.S. government bond prices fell as investors eyed how policy makers around the world are approaching signs of slowing growth.
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