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According to BofA, $SPY has traded <100M shares for 42 days, the longest streak since 2007 – indicating reduced liquidity into year-end. I ran this chart – importantly, this low … Read more
By Simon Watkins This week will see the onset of full trading activity in the shares of Saudi Arabia’s flagship oil company, Aramco. Through a combination of wooing local retail … Read more
Shares of Deere dropped on Wednesday after the manufacturing company issued lower guidance as trade tensions continue to slow equipment purchases by farmers. The Moline, Illinois-based company said it now expects net income … Read more
Dollar Tree just signaled for a disappointing holiday earnings quarter thanks to U.S.-China trade war tariffs, sending its shares cratering on Tuesday. The discount retailer said the tariffs slapped on Chinese … Read more
By Irina Slav Malaysia’s state oil company Petronas, which Aramco was courting as a large investor in its upcoming initial public offering, has decided against the investment. “Petronas would like … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter We’ll also look at its garbage pile at the bottom. These folks don’t even pretend to be stock pickers. They buy and let it stick till … Read more
By Jared Dillian Charles Schwab wants to offer investors the ability to trade fractional shares of stock. You know, in case you don’t have enough money for one share of … Read more
www.cnbc.com/2019/11/04/under-armour-uaa-earnings-q3-2019.html Earnings per share: 23 cents vs. 18 cents expected *Revenue: $1.43 billion vs. $1.41 billion expected
www.cnbc.com/2019/11/01/goldman-sachs-says-antitrust-concerns-will-pressure-facebook-google.html Goldman Sachs downgrades the communications services sector to a neutral rating based on regulatory pressure and expected lackluster performance. “Antitrust lawsuits typically take years to resolve but ultimately result … Read more
www.wsj.com/articles/pg-e-shares-tumble-as-wildfire-complicates-bankruptcy-case-11572013663?mod=hp_lead_pos1 PG&E Corp. PCG -25.07% stock and bond prices tumbled on Friday, as Wall Street wagered that the damage from the Kincade Wildfire will likely complicate the utility firm’s attempts … Read more
A 2016 instant message exchange was had between Mark Forkner and Patrik Gustavsson, two of Boeing’s chief technical pilots at the time They discussed the new automated system on the … Read more
Hedge-fund manager Steven Cohen and Michael Bloomberg are among those ruing the day they bought the crushed shares of the UK bank touted as a “bargain.” By Nick Corbishley, for WOLF STREET: … Read more
CEO Dan Price slashed his own salary four years ago to raise those of his employees. Now he’s opening an office in a new city and promising another huge salary … Read more
via CBC: Insiders at U.S. corporations are selling shares at a pace not seen since before the financial crisis a decade ago. Insiders are people who work as directors or … Read more
When insiders are selling, outsiders should pay attention. Although there is often a spin on the information as in there isn’t a worry because stocks always go up in value. … Read more
by independenttrader In recent months, we have seen very strong increase in precious metal prices. Without a doubt this was due to change in central banks policy. After November panic on … Read more