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Market News

Location American Market News for 22 August 2019
Trump: Eliminate Student Loan Debt For Disabled Veterans President Trump signed an executive order to make it easier for disabled veterans to receive student loan forgiveness.
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How The Parts Add Up: The iShares S&P 500 Value ETF Headed For $130 For the iShares S&P 500 Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $129.60 per unit.
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A Rocketing Stock That Won't Fall Back to Earth

Wall Street Journal - 22 Aug 2019 15:46
Aerojet Rocketdyne can benefit both from renewed interest in outer space and the consolidation of the defense industry.
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This Billionaire Dividend 'Loophole' Is Now Open To Us Billionaires are quietly loading up on their favorite dividend paying stocks.
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Which Stock: Tesla or Biogen? 2 Worlds. Same Price Tesla (NASDAQ: TSLA) and Biogen (NASDAQ: BIIB) have similar market caps of roughly $40 billion and both companies have seen their stocks fall by roughly 25% this year. While Biogen stock has declined after it ended phase...
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Boeing Shares Rise on Hopes for 737 Max

Wall Street Journal - 22 Aug 2019 20:46
Shares of Boeing ascended on a signal that the aerospace giant's troubled fleet of 737 MAX aircraft is moving toward a return to service.
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Intel Stock Too High?

Forbes - 22 Aug 2019 20:29
Intel Stock Too High? Intel's (NASDAQ:INTC) stock price has grown around 50% over the last three years or so, led by growth in revenues and margins, partly offset by a slight decline in the price to earnings multiple. We believe this is based...
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Is Trump Right About The Fed?

Forbes - 22 Aug 2019 20:27
Is Trump Right About The Fed? No matter your political view, you have to admit President Trump is entertaining. But is he correct with his attacks on the Fed?
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Copper Nears Multi-Year Low as Economic Concerns Grow

Wall Street Journal - 22 Aug 2019 20:21
Copper prices dropped to within striking distance of a fresh multiyear low, as weak U.S. manufacturing data bolstered concerns over the health of the global economy.
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Here's Why Norfolk Southern's Stock Price Grew 2.5x Over The Last 3 Years Norfolk Southern's (NYSE:NSC) stock price has appreciated 2.5x from the end of Q2 2016 to that of Q2 2019. This can be attributed to higher revenues, margins, and earings multiple expansion, as well as lower share count ...
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Analysts See 13% Upside For The SPDR Portfolio S&P 500 Value ETF For the SPDR Portfolio S&P 500 Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.88 per unit.
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Time to Sell Weight Watchers Stock?

Forbes - 22 Aug 2019 18:10
Time to Sell Weight Watchers Stock? Weight Watchers International saw its share price rocket 40% in a single day earlier this month after it revised its guidance for the year after achieving better-than-expected Q2 results. Trefis summarizes trends in Weig...
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U.S. Government Bonds Send Warning About Slowing Growth

Wall Street Journal - 22 Aug 2019 18:01
U.S. government bonds sent a fresh warning about the economy after a report showed that manufacturing activity slowed this month to the lowest in almost 10 years. That data led the yield on the 10-year note to fall below...
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5 Dividend Growth Stocks With Upside To Analyst Targets To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years.
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Netflix: Too Much Comfort TV

Wall Street Journal - 22 Aug 2019 16:56
Netflix has had some trouble holding on to subscribers of late. Some of its more committed ones may have gotten too comfortable.
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Transitioning Business Model Creates Buying Opportunity Volatility in the short-term will make this company significantly more profitable in the long-term.
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Calm Before Storm? Awaiting Powell Speech Friday After Brief Yield Curve Inversion As long as we have a healthy environment in jobs like the one we have right now, it's going to be very difficult to shake people's confidence. At the end of the day, if people are employed, they're likely to go out and s...
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The Implied Analyst 12-Month Target For The Health Care Select Sector SPDR Fund ETF For the Health Care Select Sector SPDR Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $103.57 per unit.
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When A 16-YO Earns $3 Million, You Know It's Not A Video gaming has a massive audience of engaged fans. According to Newzoo, this year e-sports will generate $1.1 billion in revenue and the ranks of its fans will swell to over 450 million. It turns out most of these folk...
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A Rial Mess: Iran Tries To Reboot Its Struggling Currency Once Again Tehran is planning to cut four zeros from its currency and change its name from the rial to the toman, in the latest attempt to revive an economy being hammered by sanctions
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August Data Could Prove Ominous for Lagging Industrial Stocks

Wall Street Journal - 22 Aug 2019 14:00
One of the hardest-hit areas of the stock market in recent months faces a fresh test Thursday when a series of reports on the manufacturing industry are released.
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Electric Vehicles Run Into China's Regulatory Change

Wall Street Journal - 22 Aug 2019 13:42
Electric vehicles are colliding with a regulatory change in China, as results from Buffett-backed BYD show.
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