Market News
Hedge Fund Loses $1 Billion in One Month on Argentina Bet
Wall Street Journal - 5 Sep 2019 17:15
Hedge fund Autonomy Capital lost about $1 billion last month largely on investments tied to Argentina, making it one of the most prominent investors caught on the wrong side of market turmoil in that country.
How The Parts Add Up: The SPDR Portfolio S&P 500 Growth ETF Headed For $43
Forbes - 5 Sep 2019 16:37
For the SPDR Portfolio S&P 500 Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $43.16 per unit.
Goldman Sachs's Partnership Is Shrinking
Wall Street Journal - 5 Sep 2019 02:31
At least a dozen Goldman partners are negotiating their exits from the firm, and the departures are likely to be announced in coming weeks.
Chinese Factories Beat Expectations As U.S. Manufacturing Lagged
Forbes - 5 Sep 2019 22:18
The Chinese manufacturing sector improved in August, with the PMI rising to 50.4 from 49.9 a month earlier. This is not only above consensus but also the strongest month-to-month improvement since March.
Lululemon shares rise as growth in men's sales drives earnings beat
CNBC - 5 Sep 2019 22:11
Lululemon in April said it plans to double its men's and online sales over the next five years, targeting annual revenue growth in the low teens during that time.
Lululemon is rallying on earnings, and history points to another 17% surge ahead
CNBC - 5 Sep 2019 21:29
Lululemon has done some heavy lifting this year. Two traders discuss whether there are more highs ahead.
Treasury to Sell $193 Billion in Debt
Wall Street Journal - 5 Sep 2019 21:06
The U.S. Treasury Department will auction next week $193 billion in securities, ranging from 13-week bills to 30-year bonds.
Jewelry Retailers Bring Back Shine, but Hurdles Remain
Wall Street Journal - 5 Sep 2019 20:52
Signet Jewelers is making efforts to reduce costs and improve its e-commerce operations.
Big Oil Leads EMEA Companies' Cash Reserves Spike To $1.2T
Forbes - 5 Sep 2019 20:37
Corporate cash piles at non-financial companies in the region saw a doubt-digit percentage rise in 2018 courtesy energy sector players.
The Myth Of The Healthy Consumer
Forbes - 5 Sep 2019 19:37
The idea that a healthy and strong consumer will fend off a recession is questionable. While on average household finances are strong, the bottom 50% is not doing as well. Important groups such as students, farmers, and ...
McDonald's Stock vs Dunkin' Donuts - What's Sweeter?
Forbes - 5 Sep 2019 19:29
McDonald's (NYSE: MCD) is an American chain of quick service restaurants. It operates and franchises McDonald's restaurants, which serve a locally-relevant menu of quality food and beverages in more than 100 countries. T...
Stop Bashing Uber Stock, Instead Compare To Amazon's Early Years?
Forbes - 5 Sep 2019 18:45
Ride-hailing major Uber (NYSE:UBER) indicated that it wants to be the "Amazon of transportation," targeting a wide range of transportation services. In this analysis, we take a look at how Uber's financials and losses co...
We Did The Math: The Vanguard S&P 500 Growth ETF Can Go To $179
Forbes - 5 Sep 2019 18:37
For the Vanguard S&P 500 Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $179.42 per unit.
Government Bonds Fall After U.S. and China Plan New Trade Talks
Wall Street Journal - 5 Sep 2019 17:56
Government-bond yields around the world climbed after signs of a thaw in trade relations between the U.S. and China and a series of reports showed signs of health in the U.S. economy.
Sharpie Makes Its Mark
Wall Street Journal - 5 Sep 2019 17:41
The kerfuffle over President Trump's use of a weather map draws attention to the marker, but its manufacturer, Newell Brands, shouldn't push its luck.
Cannabis Investing Requires Canny Investors
Forbes - 5 Sep 2019 17:39
Cannabis investors must do more than the normal amount in research. With laws changing in every state, the business has to change with it, and because the cannabis industry doesn't have a historical platform, investors n...
Analysts See 12% Gains Ahead For The iShares S&P 500 Value ETF
Forbes - 5 Sep 2019 17:37
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 $129.85 per unit.
Don't Believe The Hype: Market Overreacting On China Trade Talks
Forbes - 5 Sep 2019 16:46
Nope. October trade talks won't save you, Wall Street.
Copper Extends Rebound on Optimism About Trade
Wall Street Journal - 5 Sep 2019 16:07
Copper prices rallied, bringing their two-day climb to more than 4% on hopes that coming trade talks could relieve some pressure on the global economy.
Micro-Bubble Winners Continue to Outperform
Forbes - 5 Sep 2019 15:38
These "Micro-Bubble winners" remain undervalued and I expect them to continue to outperform.
Implied First Trust Cloud Computing ETF Analyst Target Price: $68
Forbes - 5 Sep 2019 15:37
For the First Trust Cloud Computing ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $68.26 per unit.
Sentiment On Wall Street Appears Positive On Trade News
Forbes - 5 Sep 2019 15:34
This morning, news that the United States and China will hold fresh trade talks in October appears to have put investors in a good mood