Energy stock ConocoPhillips is being touted as a buy right now by JPMorgan because it has sold off so much this year. Whether the selling has stopped is what we need to decide. You hear stocks being described as “cheap” quite often, although any time a stock loses value it can be called that. It’s […]
In terms of the leading Democratic presidential candidates, Joe Biden clearly appears to be the least damaging to the stock market, but this does not mean there won’t be any. Compared to the impact of wealth taxes, raising the capital gains tax on those whose income is $1 million or more would certainly be low-impact […]
Beyond Meat is by far the biggest IPO hit of the year, skyrocketing from an opening price of $72 all the way to $239.71 in less than 3 months. It’s falling back to earth now. IPOs are dominated by traders more so than mature stocks, and this is really the case with the hot ones. […]
Ray Dalio, founder of the world’s biggest hedge fund, is particularly well known for his market insights and predicted the 2008 crash. He sees some rough times ahead now. No matter how prosperous things are, there are always people preaching gloom and doom, and they are out there in force these days. Our current bull […]
Lori Calvasina of RBC Capital Markets doesn’t see any direct benefit from the U.S. and China finally agreeing to something. It’s really about the mood changing though. It’s no secret that Friday’s trade deal in itself won’t so much to help stocks, the trade war, or the economy. Lori Calvasina, the head of U.S. equity […]
In the space of only a few months, commercial real estate company WeWork has gone from a promising looking IPO to on their deathbed. They have some tough decisions. The concept behind WeWork, allowing for more efficient use of commercial space by allowing them to be shared among users, sure sounded like a good idea […]
It obviously took a lot for CIO David Rolfe of Westwood Partners to finally dump his Berkshire Hathaway stock, but the reasons ultimately got too overwhelming to resist. To call Warren Buffett an investing legend doesn’t quite seem to describe the level of fame that he has achieved. Warren has held the title of the […]
After waiting patiently all trading day for news from the trade dispute front, holding its breath for something substantial, we at least got the minimum, but hopes were higher. With the way that the trade dispute between China and the United States has been going, where the situation has just been getting worse with each […]
After several years of struggle, Target stock is up 69% year-to-date and still rising. Losing their head of merchandising may concern some, but without good reason. The world of retail has become a much more challenging one to succeed in lately, and in particular, since Walmart and Amazon have come to dominate it. The success […]
Two economists who advise presidential candidates Elizabeth Warren and Bernie Sanders say that the 400 wealthiest families pay a lower tax rate than the middle class. It seems that it isn’t just politicians that have axes to grind, as we now have a report out there from a couple of politically motivated economists that is […]