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Market News

Location American Market News for 28 August 2020

Warren Buffett and the $300,000 Haircut

Wall Street Journal - 28 Aug 2020 17:00
There's a reason the Oracle of Omaha is an ultrabillionaire as he turns 90: He grasped the power of compounding at the age of 10. The sooner the rest of us fully understand it, the better off we'll be.
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Bet on Papa John's Shaq-Assisted Rebound

Wall Street Journal - 28 Aug 2020 15:30
Papa John's comparable sales were up 24% year over year in North America and 23% overseas in the four weeks through Aug. 23.
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Zynga's Not Played Out Just Yet

Wall Street Journal - 28 Aug 2020 14:30
Pandemic life has been largely good for videogame companies. Life should stay good for Zynga, as the rest of the world starts getting back to normal.
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What The Fed's New Inflation Policy Means For Interest Rates The Fed's announcement on average inflation targeting has some worrying about interest rates, but Commonwealth CIO Brad McMillan has a different take.
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Trump Willing To Sign $1.3 Trillion Coronavirus Stimulus Bill, Chief Of Staff Says The offer is $900 billion less than the compromise Democrats have proposed.
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Here's Why A TikTok Deal Makes Sense For Walmart A deal for TikTok could be a boon for Walmart's long-term growth prospects, analysts say.
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Japanese Prime Minister Abe's Shock Resignation Will Mean Volatility And Buying Opportunities Markets were spooked by the return of political uncertainty in Japan, but the country's economic reforms are now entrenched and investors should look at buying any significant dips in the market.
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Dow Rises 150 Points, Turns Positive For 2020 The market has continued to hit new record highs this week.
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Robinhood Traders Suddenly Love Antero Midstream, But Why? And Is There A Better Option? Yesterday the number of Robinhooders holding Antero Midstream doubled to 30,000.
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The Fed Uncaps Its 2% Inflation Target With Most Costs Above That Already Acknowledging the inevitable, the Fed says higher inflation is OK, but a rally in commodities, especially oil, will take headline inflation rates to levels not seen in two generations.
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Best Stocks To Short Today As Dow Looks To Turn Positive For 2020 The Dow Jones is looking to finish with 2020 gains at this point, the last of the major 3 indexes to reclaim the title. For those thinking that valuations have run too hot. lately, our deep learning algorithms have used ...
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Best Stocks To Buy Today Amid Positive Consumer Spending Data The markets were trading flat as consumer spending data for July beat expectations, coming in at 6.2% in June and 8.6% in May, after falling 12.9% in April. Per usual, tech is keeping Nasdaq afloat this morning. Our AI a...
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Up 120%, Manhattan Associates Stock Looks Expensive After a 126% rally since the March 23 low, at the current price of around $96 per share we believe Manhattan Associates' stock has reached its near term potential. Manhattan Associates, which makes software solutions to ...
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Inside Thoma Bravo's $9 Billion Mortgage Market Windfall For San Francisco-based software private equity giant Thoma Bravo, the Fed's epic interest rate boomerang is set to usher in one of this era's great deal making coups, an about $9 billion windfall in a 16-month span on E...
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Russia's Dead Billionaire Coal King Leaves Potential Financial And Environmental Disaster Behind Dmitry Bosov's wife Katerina, a fashionista with a California mansion and a cannabis farm, now runs Sibanthracite. Can she keep this corporate Titanic afloat?
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China 'Kills' Luxury: The Coronavirus May Have Changed Upscale Buying Forever China will still drive sales for high-end brands. But luxury retailers are now forced to look beyond China for markets.
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3 Reasons To Buy Into Snowflake's IPO

Forbes - 28 Aug 2020 15:51
3 Reasons To Buy Into Snowflake's IPO Snowflake's IPO is likely to be a big success due to its large market, sizzling growth, and talented management team.
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Stocks Have A Positive Tone As Fed Shift Points To Lower-For-Longer Interest Rates This morning, stocks are looking up as traders and investors continue to digest the Fed's new stance on inflation, employment.
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Norwegian Air Is at the Mercy of the Elements

Wall Street Journal - 28 Aug 2020 15:24
The trans-Atlantic highflier said it would need more cash for the beginning of next year, but cannot easily sell its planes.
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Trump's Jobs Recovery Is Still A Long Ways Off President Trump calls this the best economy ever? Unemployment claims increased for the past two weeks and are still over 1 million per week along with almost 13 million more people out of work since February.
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Stock Market Crash? Here Is Why We Are In A Goldilocks Scenario For Stocks There are the questions that stock traders have been asking since the coronavirus stock market crash. We have an answer now.
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How To Profit When The Smart Money Leaves Their Footprints There is a reliable way to know what stocks hedge funds are buying. Today I'll show you a unique way to "front-run" hedge funds.
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