Description: There may be some relief in sight for investors. Long-time market bull Ed Yardeni believes the painful sell-off is running out of steam. “I don’t expect more than a garden variety correction, which would be a 10-15% drop,” the Yardeni Research president told CNBC’s “Trading Nation” on Friday. Source: CNBC.com – video report Date: Nov… Read more »
Monthly Archives: November 2020
Canadian Tire raises quarterly dividend, reports Q3 profit and sales up from year ago
Description: Canadian Tire Corp. Ltd. reported a surge in sales in its third quarter as the pandemic continued to encourage one-stop shopping and a larger “basket size” as shoppers stocked up to avoid multiple trips to the store. Source: Yahoo.Finance.com Date: Nov 05, 2020 Link: https://ca.finance.yahoo.com/news/canadian-tire-raises-quarterly-dividend-115028642.html Questions for discussion: Summarize and explain the financials at… Read more »
Increased Screen Time for Children and Teens Is Likely Here to Stay
Description: The screen-time wars are over in many households, with parents having surrendered en masse. In a period when large numbers of parents and school kids are stuck at home with one another, this is one battle many parents choose to forego, at least for now. Source: eMarketers.com Date: Nov 04, 2020 Link: https://www.emarketer.com/content/increased-screen-time-children-teens-likely-here-stay?ecid=NL1001 Questions… Read more »
Why Isn’t Your Brand Bigger? The Data Point to One Answer
Description: Gallup’s workplace data suggest that the most likely cause of your brand problems is not related to marketing dollars. Source: Gallup.org Date: Nov 04, 2020 Link: https://www.gallup.com/workplace/323165/why-isn-brand-bigger-data-point-one-answer.aspx Questions for discussion: What does the Ed Boyle say is misunderstood by most businesses? What should management focus on in order to improve their brand and profitability?… Read more »
Chipmakers AMD and Nvidia are using skyrocketing stock prices to make industry’s biggest acquisitions
Description: The semiconductor industry is experiencing historic consolidation, thanks to a wild rally in the stock market. In the past six weeks, two of the biggest three acquisitions ever in the chip industry have been announced, after AMD said on Tuesday that it’s buying Xilinx for $35 billion. Last month, Nvidia agreed to acquire Arm from SoftBank in a deal worth $40 billion. Source: CNBC.com –… Read more »
Bond Defaults Deliver 99% Losses in New Era of U.S. Bankruptcies
Description: Bankruptcy filings are surging due to the economic fallout of Covid-19, and many lenders are coming to the realization that their claims are almost completely worthless. Instead of recouping, say, 40 cents for every dollar owed, as has been the norm for years, unsecured creditors now face the unenviable prospect of walking away with just pennies… Read more »
Looks like a ‘double top’ in the S&P 500, investor Mark Mobius warns
Description: The S&P 500 is forming a “double top” going into the U.S. election, which is a worrying sign for investors, according to veteran investor Mark Mobius. Source: CNBC.com – video report Date: Oct 27, 2020 Link: https://www.cnbc.com/2020/10/27/looks-like-a-double-top-in-the-sp-500-investor-mark-mobius-warns.html Questions for discussion: What is a double top formation? What does it signal to investors? What would you advise… Read more »
The forces driving the Canadian dollar have changed — it’s not just oil and the Bank of Canada anymore
Description: A catalyst is emerging for the Canadian dollar that is gnawing at the central bank’s influence and potentially its monetary policy: the performance of global equities. The loonie has traditionally been seen as a commodity-linked currency because of the country’s vast natural resources. But trillions of dollars of stimulus, along with interest rate cuts… Read more »
Opinion | Kara Swisher Talks Big Tech Monopolies and the Google Antitrust Case with Lina Khan
Description: Opinion | Kara Swisher Talks Big Tech Monopolies and the Google Antitrust Case with Lina Khan Source: NYTimes.com – podcast Date: Oct 30, 2020 Link: https://www.nytimes.com/2020/10/29/opinion/sway-kara-swisher-lina-khan.html Questions for discussion: What are the issues relating to the tech monopolies? How do you think the conflict between the parties will play out? How will the results… Read more »
Opinion: Apple, Amazon, Facebook and Google all produce record sales amid Big Tech backlash
Description: Amid congressional tongue-lashing, antitrust issues and pandemic, Big Tech earnings soar again Source: MarketWatch.com Date: Oct 29, 2020 Link: https://www.marketwatch.com/story/apple-amazon-facebook-and-google-all-produce-record-sales-amid-big-tech-backlash-11604020309?mod=home-page Questions for discussion: Summarize what is happening at these tech firms and why? What sort of future do you see for these firms over the next six months? Explain your thinking and advice to… Read more »
