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China Evergrande Shares Plunge 87% As Trading Resumes After 17-Month Hiatus
Monday, August 28, 2023 - 5:37am | 469Hong Kong-listed shares of the world’s most indebted property developer, China Evergrande Group (OTC:EGRNF), nosedived as much as 87% on Monday, resuming trade after a 17-month pause, CNBC reported. The beleaguered company's shares fell down to 22 Hong Kong cents, a stark contrast to its...
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'Right Around The Corner' — Economist Steve Hanke Predicts Recession, Deems Stocks 'Pretty Pricey'
Saturday, August 26, 2023 - 12:24am | 501Renowned economist Steve Hanke warns of an imminent recession, indicating that stocks are overpriced and expected to return less than bonds. What Happened: Hanke, a professor of applied economics at Johns Hopkins University, anticipates a recession in the first half of 2024. He...
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Peter Schiff Says Rising Bond Yields A Ticking Time Bomb For Stock Investors: 'What Matters Is Not The Rate Itself, But...'
Monday, August 21, 2023 - 9:02pm | 751On Monday, economist and author Peter Schiff cautioned stock market investors about their indifference toward escalating bond yields. What Happened: Schiff expressed his concerns over stock market investors’ apparent disregard for the surge in bond yields. He emphasized that this nonchalance...
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Top Fund Manager Unveils His Strategy For Picking The Right Tech Investments: 'Bigger Is Better'
Wednesday, July 19, 2023 - 6:35am | 477Renowned fund manager Richard Clode of Janus Henderson Investors shares his insights on investing in tech firms, focusing on long-term trends and underappreciated stocks, CNBC reports. Long-Term Trends in Tech: Clode, who manages the Horizon Global Technology Leaders Fund and the Horizon...
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The Youngest-Ever Harvard Law Graduate Earned Over $100 Million From An Unknown Tech Company — More Than Apple CEO Tim Cook
Monday, July 17, 2023 - 1:00pm | 1011Kiwi Camara, CEO of Austin-based legal technology firm CS Disco Inc., is one of the few executives who can claim a compensation package surpassing that of Apple Inc. CEO Tim Cook. While Cook is expected to face a pay cut this year of around 40%, following shareholder guidance and his own...
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Boomers Break The Mold, Choose Stock-Heavy Portfolios Over Bonds: WSJ
Thursday, July 6, 2023 - 4:52am | 489Retirees in America are increasingly behaving like 30-year-olds when it comes to investing, with a growing number choosing to keep a significant portion of their portfolios in stocks, The Wall Street Journal reports. Investment Shift Contrary to the traditional advice of shifting from stocks to...
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Attention Shifts To Fed Minutes: Volatility May Resume This Week, Markets Do Not Expect 2 More Hikes
Monday, July 3, 2023 - 1:02pm | 726Investors are eagerly anticipating the release of the Federal Open Market Committee (FOMC) meeting minutes for June, scheduled for Wednesday, July 5, following the Independence Day holiday. This important report is seen as a key source of information on the Federal Reserve officials’...
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Retail Investors Set New Record, Pour $1.5B Into Single Stocks In A Week — Tesla, Apple, Nvidia Get Bulk Of Inflows
Thursday, June 22, 2023 - 2:15am | 490Retail investors appear to be unperturbed by the strong momentum that equity markets witnessed so far into the year and are reluctant to take a break from infusing fresh funds into stocks. According to data compiled by JPMorgan Chase & Co. strategist Peng Cheng, the category of non-professional...
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Here's Why You're Not Making Profitable Trades
Wednesday, June 14, 2023 - 2:12pm | 740Here’s the hard cold truth: Only 5% - 10% of traders make money. The rest? They make the same mistakes and lose money because of it. I’ve spent over 3,500 hours just talking about trading stocks with some of the most skilled traders in the game. They all agree 90% of traders...
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Cramer Warns Latecomers May Miss Out On Non-Tech Stocks Rally—No Big Gains For 'Johnny-Come-Latelies'
Tuesday, June 13, 2023 - 11:07pm | 450Prominent market commentator Jim Cramer reportedly indicated it may be too late for those investors to get in on the action who were not invested in the non-tech stocks that have begun to rally. "I don't think you make all that much money coming in here," Cramer told CNBC. "At this point, you have...
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You Need Dividend Stocks Now. Here's Why – and Here Are 3
Wednesday, May 31, 2023 - 10:11pm | 1346By James Early, BBAE Chief Investment Officer Are Dividend stocks a good investment? Maybe Not At least that’s what the data show this year: As I type, the S&P 500 is up 9.4%, yet the iShares Select Dividend ETF (NYSE: DVY) is down 9.4%. (The S&P 500 equal-weight index splits the...
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You Need Dividend Stocks Now. Here's Why – and Here Are 3
Wednesday, May 31, 2023 - 10:11pm | 1349By James Early, BBAE Chief Investment Officer You’d be a moron to invest in dividend stocks. At least that’s what the data show this year: As I type, the S&P 500 is up 9.4%, yet the iShares Select Dividend ETF (NYSE: DVY) is down 9.4%. (The S&P 500 equal-weight index splits the...
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You Need Dividend Stocks Now. Here's Why – and Here Are 3
Wednesday, May 31, 2023 - 10:11pm | 1349By James Early, BBAE Chief Investment Officer You’d be a moron to invest in dividend stocks. At least that’s what the data show this year: As I type, the S&P 500 is up 9.4%, yet the iShares Select Dividend ETF (NYSE: DVY) is down 9.4%. (The S&P 500 equal-weight index splits the...
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Why Buffett Loves These 3 Stocks
Tuesday, May 16, 2023 - 3:25pm | 1490An interviewer once asked Warren Buffett about the worst trade he’d ever made… and he didn’t hesitate to answer… Buying Berkshire Hathaway. When Buffett scooped up majority ownership of the company in 1964, it was a failing textile manufacturer. At first, he tried to...
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Cathie Wood Buys The Dip In Robinhood, Purchases Over $1.2M Of Shares For Innovation Fund
Monday, May 15, 2023 - 10:07pm | 434Cathie Wood-led ARK Investment Management bought over 140,000 shares of Robinhood Markets Inc (NASDAQ:HOOD) at an estimated valuation of over $1.2 million based on Monday's closing price. The purchase was done via the ARK Fintech Innovation ETF (NYSE:ARKF). ARK appears to have used the dip in...