Category Archive: Finance
The Right Context For Active Management
Actively managed portfolios are not a device of nefarious origin. And neither is it a “dead exercise” as the vox populi has declared. Nevertheless, to be successful at active investing, there are some big time hurdles. Before we discuss these obstacles, let’s first clarify the term “active investor.” An “active investor” is somebody who is […]
Billion Dollar Unicorns: Careem Focused On MENA
The highest privately valued company Uber is the poster child of ride sharing. One of its strong, regional rivals is Dubai-based Careem, which has recently entered the Billion Dollar Unicorn Club. Careem’s Offerings Careem was founded in 2012 by former McKinsey consultants Mudassir Sheikha and Magnus Olsson. The service was initially set up as a web-based […]
IBM’s Complicated Watson Could Be Destroying Shareholder Value
A very cool tool which mastered jeopardy and more but is IBM’s Watson hurting returns? IBM’s second quarter results, published earlier this week, make for dismal reading. Big Blue unveiled its 21st straight quarter of revenue contraction, and even though the company topped analysts’ expectations for profit, once again the bottom line was boosted by some […]
USD/CAD Extends Dive On Mueller Deep Dive Into Trump
The Canadian dollar was consolidating but waiting to take advantage of another fall of the US dollar. It still has the backwind of the BOC’s hawkish hike last week. The hammer came from special counsel Robert Mueller. The probe into Trump’s connections with Russia will expand into his personal business dealing with family and associates involved. If the President […]
Trump, Quarles And Gold
Last week, Trump nominated Quarles to the Federal Reserve board. What does it mean for the gold market? The Bank of Japan kept policy unchanged yesterday, so markets were little moved. Investors await now the ECB meeting – the euro appreciated against the U.S. dollar amid the monetary policy statement. If Draghi is less hawkish […]
Rogers Communications Report 35% Increase In Q2 Net Income
Rogers Communications Inc. (RCI), a Toronto-based telecommunications and media company, issued their first financial and operating results for the second quarter ended June 30, 2017 since Joe Natale became its CEO in April. Key Financial Results (In millions of Canadian dollars, except per share amounts) are as follows: Revenue: was UP 4% to $3.59 billion from last year’s […]
Golden Time Ahead For “Tribhovandas Bhimji Zaveri”
Tribhovandas Bhimji Zaveri from Rs 60 touched Rs 102 levels and consolidated a bit to Rs 85 levels. The pattern on the weekly charts says it all.. The Target for TBZ comes out to be Rs 140 Levels. Recommendation: – Buy on Dips Chart is attached below for the reference.
Cryptocurrency News: Bitcoin Price Jump, Ether Fraud Fears
Bitcoin – Boosted by Upgrade The value of digital currency heavyweight bitcoin hit a near two-week high on Thursday as worries over a potential split in the cryptocurrency continued to ease. And according to a technical note from investment bank Goldman Sachs, BTCUSD could beat the June 12 high of $3,000. In a client note sent earlier this […]
The Avalanche Effect: Using Momentum To Your Advantage
Buy High… and Sell Higher As I mentioned last week, the easiest way to find the market’s hottest stocks is to look at a list of stocks trading at 52-week highs. Here you can find a list of Nasdaq issues at highs. And here’s a list compiled by The Wall Street Journal on the NYSE. Before drilling down on […]
Using Your 401K To Fund Your New Business With No Tax Penalty
As you become financially literate, you start to learn tips and tricks that the average person knows nothing about. One of our favorites is Rollovers for Business Startups – a way to use your 401(K) to finance your new business, with no tax penalty. Here’s how it works. In 1974, the Employee Retirement Income Security […]
