If we are in for another Trump wave, Republican pollster Frank Luntz has a list of 4 states to watch tonight for the first signs of it. …read more […]
This year’s elections have marijuana legalization likely pushing into additional U.S. states. Recreational or medical use, or both, are on the ballot in Arizona, Mississippi, Montana, New Jersey, and South Dakota. …read more […]
Here’s why big cap tech stocks could stay under pressure after the election. …read more […]
(Bloomberg) — Giant banks have racked up more than $4 billion in U.S. penalties in a wave of settlements weeks before the presidential election. That says a lot about an industry that once vowed to behave after the 2008 financial crisis — and about the regulatory risks it sees ahead.Goldman Sachs Group Inc. recently incurred a record punishment for foreign bribery under a roughly $3 billion package of accords for its role in Malaysia’s plundered 1MDB investment fund. JPMorgan Chase & Co. resolved a market-manipulation probe for more than $920 million. Citigroup Inc. was fined $400 million for failing to …read more […]
Thursday was set up to be a big day for Alibaba (BABA). The Chinese e-commerce giant is readying to present F2Q21 results, with favorable macro trends pointing to another display of strength. On the same day, Ant Financial – Alibaba’s sister company in which it claims 33% direct equity ownership – was supposed to list on the Shanghai Stock Exchange. At $37 billion, equating to a $310 billion valuation, the listing is set to be the largest IPO on record.But it appears the latter is now on hold. On Tuesday, the exchange disqualified Ant Group’s listing, citing a “changing regulatory …read more […]
Anthony Scaramucci has three election predictions, starting with a clear loss for Donald Trump in Florida. …read more […]
Swing trading stocks is a distinct way of exploiting swings in a stock’s price. The goal of this strategy is to capture short- or medium-terms profits. This usually takes place over a couple of days or a few weeks.
The timeline alone makes it distinct from day trading or long-term buy and hold strategies. Day traders are prone to getting in and out of positions in a single day. This comes with its own set of rules and regulations. And naturally, there are all sorts of day trading trategies they employ.
On the other end of the spectrum are long-term investors. These …read more […]
Heading into today’s election, the markets might have been floundering, but the extreme bouts of volatility had minimal impact on Nio (NIO).The Chinese EV maker continued on its merry way, by doing what it has done so well throughout 2020 – accumulating share gains. Year-to-date, the stock has accrued an astounding 764%.The market might be infatuated with tech/growth/EV stocks, all boxes the company dubbed “the Chinese Tesla” ticks, but its market performance is getting some backup from real world data.Nio announced earlier this week that in October it sold 5,055 vehicles, displaying a 100% year-over-year uptick.With waiting times on deliveries …read more […]
Dan Niles – Satori Fund Founder & Portfolio Manager joins Yahoo Finance to discuss how the 2020 election will impact tech companies like Google, Facebook and Amazon. …read more […]
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […] …read more […]
Stocks are rallying as voters flock to the polls on election day. AGF Chief Strategist Greg Valliere joins Yahoo Finance Live to discuss. …read more […]
Miller Value Partners recently released its Q3 2020 Investor Letter, a copy of which you can download here. The Opportunity Equity Fund posted a return of 13.01% for the quarter (net of fees), outperforming its benchmark, the S&P 500 Index which returned 8.93% in the same quarter. You should check out Miller Value Partners’ top […] …read more […]
The financial expert and radio host says Americans stay poor because of these blunders. …read more […]
(Bloomberg) — Alibaba Group Holding Ltd.’s U.S.-traded shares tumbled as much as 9.7% Tuesday after Ant Group Co., the finance affiliate also founded by Jack Ma, said its listings in both Shanghai and Hong Kong have been suspended.Ant’s listing in Shanghai was halted amid changes in the regulatory environment, according to a statement, which didn’t provide further details. With the initial public offering in Hong Kong also on hold, Ant’s $35 billion share sale is in limbo.Alibaba owns about a third of the payments company, which was expected to begin trading on both exchanges on Thursday. Its American depository receipts …read more […]
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