Description: (Bloomberg Opinion) — In an anecdote often attributed to President John F. Kennedy’s father, the moment he knew to get out of the 1920s stock market boom was when he started receiving share tips from his shoeshine boy. Source: Bloombergquint.com Date: Nov 18, 2020 Link: https://www.bloombergquint.com/onweb/will-the-stock-bubble-burst-as-soon-as-tesla-joins-the-s-p-500 Questions for discussion: Summarize the financial analysis presented… Read more »
Posts Categorized: Market Analysis
Short sellers lost $5.5 billion so far in November. Here are the trades that hurt the most
Description: It has so far been a bruising November for those investors betting against cyclically oriented sectors that have been hobbled due to the spread of a coronavirus and social-distancing measures. Source: MarketWatch.com Date: Nov 12, 2020 Link: https://www.marketwatch.com/story/short-sellers-lost-5-5-billion-so-far-in-november-here-are-the-trades-that-hurt-the-most-11605126134?mod=home-page Questions for discussion: What happened to short-sellers during November? Which stocks were particularly hard hit and… Read more »
Coronavirus ‘dramatically accelerated’ e-commerce up to 5+ years: Kohl’s CEO
Description: In a new interview, Kohl’s (KSS) CEO Michelle Gass told Yahoo Finance that COVID-19 has “dramatically accelerated” online shopping, shifting customer behavior up to five or more years earlier than it would have otherwise. Source: Yahoo.Finance.com – video report Date: Nov 05, 2020 Link: https://ca.finance.yahoo.com/news/coronavirus-dramatically-accelerated-ecommerce-kohls-ceo-151151159.html Questions for discussion: What has been the effect of… Read more »
Painful sell-off is running out of steam, market bull Ed Yardeni says
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 »
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 bond market is starting to wake up with interest rates headed higher
Description: The bond market appears to be waking up. After trading in a close range since June, Treasury yields are starting to break out of their range and look set to edge higher. The 10-year yield reached a high of 0.834% early Wednesday morning and was hovering just at the 0.80% level in afternoon trading…. Read more »
Raising Your Next Round? Here’s What You’ll Hear From Venture Capitalists Today
Description: Amid the Covid-19 pandemic and virtual meetings, this is what’s top of mind for venture capitalists. Source: INC.com Date: Oct 21, 2020 Link: https://www.inc.com/matt-cooper/raising-your-next-round-heres-what-youll-hear-from-venture-capitalists-today.html Questions for discussion: What are the reasons for concern, as explained in the article? What do think of this assessment? What should investors do, given this information?
‘Nightmare’ U.S. stock valuations driven by ‘young, dumb’ investors, fund manager says
Description: U.S. equity valuations have become a “total nightmare” fueled by “young and dumb” investors, according to Cole Smead, president and portfolio manager at Smead Capital Management. Source: CNBC.com – video report Date: Oct 15, 2020 Link: https://www.cnbc.com/2020/10/15/smead-nightmare-us-stock-valuations-driven-by-young-dumb-investors.html Questions for discussion: What are the reasons for concern, as explained in the article? What do think… Read more »
