Market News
Why eBay Is Stuck in the Cheap Seats
Wall Street Journal - 25 Nov 2019 23:34
The e-commerce company found a buyer for StubHub and landed a nice return, but its marketplace business still lags behind Amazon.
Bitcoin Prices Fall To Their Lowest Since May
Forbes - 25 Nov 2019 04:28
Bitcoin fell to nearly $6,600 today, its lowest in more than six months. Will the cryptocurrency suffer further downside in the coming days and weeks?
Charles Schwab to Buy TD Ameritrade for $26 Billion
Wall Street Journal - 25 Nov 2019 13:43
Charles Schwab said Monday that it had agreed to buy smaller rival TD Ameritrade Holding in a stock-swap transaction valued at about $26 billion.
S&P 500 Ends One Streak but Continues to Climb
Wall Street Journal - 25 Nov 2019 23:52
The S&P 500 snapped a six-week winning streak Friday, but some analysts suggested the benchmark stock index has more room to run.
Extreme Bearishness Sets Up Carvana For A Bounce
Forbes - 25 Nov 2019 23:46
Carvana is an excellent example of a company that can create value for its customers but can't make money. But as long as it grows faster than Wall Street expects short sellers will get burned.
Here's What The Charles Schwab And TD Ameritrade Merger Will Mean For Shareholders
Forbes - 25 Nov 2019 23:44
The deal might be a defensive play, but could also see shareholders from both companies benefit.
This Economic Indicator Is Proving the Naysayers Wrong
Forbes - 25 Nov 2019 22:18
The preliminary manufacturing purchasing manager's index (PMI), a leading indicator we closely track here at U. S. Global Investors, pulled further away from its August low with a reading of 52.2 this month.
Putin Dishes On Ukraine, Climate Change, And Whether Europe Is Becoming Soviet
Forbes - 25 Nov 2019 21:50
Putin takes a Q&A from foreign investors during a Moscow investment forum last week by VTB Capital.
Consensus Earnings Are Wrong. How Much Is It Costing You?
Forbes - 25 Nov 2019 21:44
Core earnings, when adjusted for unusual gains/losses hidden in footnotes, are a lot worse than investors and markets realize.
Are Electric Vehicles Really About To Plateau Oil Demand?
Forbes - 25 Nov 2019 20:42
International Energy Agency envisages such a scenario in little over a decade but a seismic shift in human mobility will likely be hampered by several complications, not least infrastructural and financial ones.
Traders Are Less Thankful Than They Used to Be
Wall Street Journal - 25 Nov 2019 20:37
Since 1987, the returns from owning stocks around Thanksgiving have been positive on average, but less so--and less consistently.
Treasury Rally Threatens to Erase November Yield Rise
Wall Street Journal - 25 Nov 2019 20:24
Yields on U.S. government bonds slid Monday, extending a decline that has all but wiped out the jump in Treasury yields during the first half of November.
Big Splash by Novartis Won't Break Investors' Hearts
Wall Street Journal - 25 Nov 2019 20:23
The Swiss pharmaceuticals giant's deal to acquire Medicines Company for nearly $10 billion is a calculated risk worth taking.
Schwab-Ameritrade Tie-Up Requires Patience
Wall Street Journal - 25 Nov 2019 19:47
With the formal announcement of its acquisition by Charles Schwab, Ameritrade holders have earned back the value that was lost when Schwab first announced a move to zero trading commissions on Oct. 1.
Fed Officials Close to Filling Two Top Markets Jobs
Wall Street Journal - 25 Nov 2019 19:31
Federal Reserve officials are in the final stages of a search to fill two top staff jobs overseeing its financial markets operations, with candidates including those from inside and outside the central bank.
Returns on my investments
livemint.com - 25 Nov 2019 19:30
One must also keep in mind the volatility risk of the asset class, liquidity, lock-in rules and taxation .Here's a look at how four commonly used asset types--equity, cash, gold and fixed income--have done in different p...
Uber's Loss Of Its London License Is Just The Tip Of The Iceberg For This Easy-To-Hate Company
Forbes - 25 Nov 2019 19:20
I don't like Uber's service and my firm, Excelsior Capital Partners, has made sizable profits several times since Uber's IPO via bearish options positions.
Like It Or Not, Saudis Stuck With OPEC Even After Aramco Public Offering
Forbes - 25 Nov 2019 18:10
The Saudi Aramco public offering will fundamentally change how Saudi Arabia views oil markets but it won't spell the end of the OPEC cartel.
This Stock Has A 3.73% Yield, Sells For Less Than Book, and Insiders Have Been Buying
Forbes - 25 Nov 2019 18:07
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months.
Fresh Trade Optimism Hits Gold
Wall Street Journal - 25 Nov 2019 17:58
Monday reports that the U.S. and China are closing in on an initial trade accord represent the latest blow to gold's 2019 rally, another threat to investors who had piled into bullion earlier in the year.
Fed Adds $93.5 Billion to Financial System
Wall Street Journal - 25 Nov 2019 17:38
The Federal Reserve Bank of New York added $93.5 billion in temporary liquidity to the financial system on Monday.
Hong Kong Protesters Get A Win, Setting Stage For Foggy China Relations
Forbes - 25 Nov 2019 17:21
Either Hong Kong becomes like China in 2047, or China becomes more like Hong Kong. Hong Kongers have already chosen a side.