Month: October 2020

Mortgage applications have slowed even as rates have reached another record. …read more […]

McLain Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -6.3% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 8.93% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks […] …read more […]

(Bloomberg) — Stocks fell after Treasury Secretary Steven Mnuchin said that getting a stimulus deal done before the Nov. 3 election will be difficult.Traders also parsed mixed results from some of the largest U.S, banks. Wells Fargo & Co. slumped on a 56% plunge in profit, while Bank of America Corp. slid amid an increase in trading revenue that was just a fraction of its competitors’ gains. Goldman Sachs Group Inc. outperformed after posting a surge in fixed-income revenue that pushed earnings per share to a record. Netflix Inc. rallied as some firms boosted their targets for the shares.While there’s …read more […]

Yahoo Finance’s On the Move panel discuss stocks that are moving the markets. Amazon stock down. …read more […]

Bank of America and Wells Fargo both reported earnings that missed expectations. Yahoo Finance’s Brian Cheung shares the details. …read more […]

Every investor in Lithium Americas Corp. (TSE:LAC) should be aware of the most powerful shareholder groups. Insiders… …read more […]

Anthony Wood has been the CEO of Roku, Inc. (NASDAQ:ROKU) since 2002, and this article will examine the executive’s… …read more […]

Election day is just around the corner, and Wall Street is placing its bet on a Democratic sweep. Following the Presidential debate on September 29, the chance of a Biden victory has been increasing in the market.Since September 30, the S&P 500 has moved 5.5% higher. That said, the rotation into cyclicals and small-caps has been much more pronounced, with the Russell 2000 surging 8.5% over the same period.Weighing in for Raymond James, strategist Tavis McCour argues the shift into cyclicals and small-caps “provides some evidence of how the market will rotate in the case of a Democratic sweep, with …read more […]

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). We reversed our stance on March 25th after seeing unprecedented fiscal and monetary stimulus unleashed by the Fed and the Congress. […] …read more […]

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the second quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]

Black Bear Value Partners recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -22.3% (net) in the first nine months of 2020, underperforming its benchmark, the S&P 500 Index which returned 5.6% in the same period. You should check out Black Bear Value […] …read more […]

We feel now is a pretty good time to analyse OPKO Health, Inc.’s (NASDAQ:OPK) business as it appears the company may… …read more […]

Yahoo Finance’s Alexis Christoforous and Brian Sozzi recap yesterday’s Apple event with Deutsche Bank Equity Research Analyst, Jeriel Ong. …read more […]

Biden’s policy proposals for small businesses place particular emphasis on “access to capital.” …read more […]