Category Archive: Finance
Alibaba, JD.com, Baidu, Others To Be Added To MSCI Emerging Market Index
By Vikas Shukla As many as 14 US-listed mainland Chinese companies, including Alibaba (BABA) and Baidu (BIDU), will be added to MSCI’s Emerging Market Index. MSCI said Thursday that the changes would be implemented at the market close on November 30, making it the first indexer to add these stocks. The move is likely to bring billions of […]
The Gig Economy Is The New Normal
An already-confusing employment environment grew even more complicated this past week. Many readers responded to my “Crime in the Jobs Report” letter with their own stories. Some confirmed what I wrote, while others disputed it. Some of the stories I read from readers who are stuck far from where they want to be in this […]
Week In Review: Korea’s Hanmi Signs $960 Million Deal With Janssen
Deals and Financings Hanmi Pharma (KRX: 1289400) of South Korea announced another blockbuster out-licensing deal for one of its clinical stage assets. This time, Janssen agreed to a $960 million deal in exchange for exclusive worldwide rights (except Korea and China) to a novel biologic GLP-1/Glucagon dual receptor agonist aimed at diabetes and obesity (see story). […]
The Cost Of China’s “Manipulated Market Stability” May Be Too High, BofAML Warns
In August, we learned that even spending CNY1 trillion in plunge protection to prop up an equity market reeling from the unwind of a bevy of backdoor margin lending channels was woefully insufficient. The reason (or one of the reasons): the millions of semi-literate retail investors, housewives, and farmers that had poured money into the […]
Bond Market ETF (BND) Hits New 52-Week Low
For investors willing to stay away from potential losses, Vanguard Total Bond Market ETF (BND – ETF report) is probably on the radar now. The fund just hit a 52-week low, and shares of BND are down roughly 4.2% from their 52-week high price of $84.35/share. Are more pains in store for this ETF? Let’s take a quick look […]
E Lies, Damned Lies, Corporate “Earnings” And “Volatile Markets
“The stock market is never obvious, It is designed to fool most of the people, most of the time.” — Famed market trader Jesse Livermore One thing the market volatility of 2015 has done is decimate some of our best-laid plans, like owning hedges like QID into monster earnings from the QQQ stalwarts like AMZN, […]
3 Consistent Dividend Growers To Safeguard Your Portfolio
Growing their dividends each and every year for over 100 years means investors in these three stocks have been enjoying consistently growing total returns that won’t stop for any one market blip. All three stocks are great choices to boost the safety and returns of your portfolio. Broadly speaking, dividend stocks are winners, and they […]
French President Closes Borders And Declares State Of Emergency
In the wake of the stunning wave of bombings, shootouts, and hostage situations that unfolded in Paris on Friday, French President Francois Hollande has closed the French border. Addressing the nation, President Francois Hollande called on everyone to remain strong and show “compassion and unity.” “There is much to fear, but we must face these fears as […]
Footlocker Sell Signals
Today I deleted Footlocker (NYSE:FL) from the Barchart Van Meerten New High portfolio for very negative price momentum. Barchart technical indicators: 100% Barchart technical sell signals Trend Spotter sell signal Below its 20, 50 and 100 day moving averages 50-100 Day MACD Oscillator sell signal 24.87% off its recent high Relative Strength Index 24.40% Recently traded at 58.04 which […]
CONSOL Energy E&P Division A Respite From Weak Coal
On Nov 12, we issued an updated research report on CONSOL Energy Inc. (CNX – Analyst Report). CONSOL’s emphasis on natural gas assets is yielding results with increasing revenue contribution coming from its E&P division. However, dependence on a limited group of customers for bulk sales and inherent risks associated with underground mining are headwinds. CONSOL Energy reported a […]
