Category Archive: Finance
Hedge Funds In The US
Written by Preqin In this article we rank activity in the US hedge fund industry by state, and examine the make-up of investors and fund managers in the country. The US remains a key driver of the hedge fund industry across the globe, accounting for 72% of the approximate $3.6tn in global assets as of 31 May […]
5 Of Friday’s Biggest Marijuana Stock Gainers
Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock winners in trading on Friday, August 24th including Aphria Inc. (TSX: APH) (OTC: APHQF) and more… Aphria Inc. (TSX: APH) (OTC: APHQF) Shares of Aphria Inc. rose 23.30% on higher than the average trading volume on the OTC markets, closing the day at $10.753 USD per share. Today, it was […]
Pento: Trade War To Continue, Global Debt Default And Higher Interest Rates Unavoidable
Mike Gleason: It is my privilege now to welcome back Michael Pento, president and founder of Pento Portfolio Strategies, and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. Michael is a well-known money manager and a fantastic market commentator, and it’s always great to have him […]
Mass Layoffs At Wells Fargo As A Result Of Slumping Housing Market
Whether due to the collapse of its “reputable” public image following a relentless barrage of client scandals, the Fed’s recent historic crackdown on the company due to its culture of fraud, or simply because the US housing market has sharply rolled over, last quarter we showed that Wells Fargo reported the worst set of mortgage numbers since […]
Geron Soars After Johnson & Johnson Job Posting Mentions Imetelstat
The move higher in shares of Geron (GERN) is being attributed to a Johnson & Johnson (JNJ) job opening on LinkedIn for an “EMEA Strategic Pricing Manager” role that would “also be accountable for shaping our pricing approach for Imetelstat.” The two companies currently have a partnership for Imetelstat and J&J is expected to make […]
Weekly Market Digest: The S&P 500 Closes At An All-Time High
US stocks continued to show strength, finally erasing losses from declines in January and February. The S&P 500 reached a new all-time high on Friday. Chairman of the Federal Reserve Jerome Powell conveyed a positive outlook on the US Economy, referencing income and job growth, and indicating that the central bank plans to continue to […]
AUD/USD Forecast Aug. 27-31 – Political Storms On Both Sides Of The Pacific
The Australian dollar rocked and rolled on Australia’s change at the helm, with Morrison taking over and also at Trump’s action. Here are the highlights of the week and an updated technical analysis for AUD/USD. Australia was rocked by political turmoil. After a turbulent week, Scott Morrison ousted Malcolm Turnbull as Prime Minister. Fears of the ascent of […]
US Dollar Price Action In The Spotlight As Jackson Hole Begins
Talking Points: The Jackson Hole Economic Symposium is now underway and there have been multiple Central Banker interviews already on financial television. Today is marked by a series of speeches and interviews and this produces a backdrop that could bring continued volatility throughout the day. Potentially complicating matters for short-term traders is the fact that […]
