Investing

That view is based on Lee’s analysis of economic data such as housing starts and auto sales that indicate the economy is likely only in the middle of the global business cycle. He also expects that funds will flow out of bonds into stocks in search of better returns, especially since many bonds still have
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ValueAct Capital, the $15 billion activist firm led by Jeff Ubben, is launching a fund focused on promoting environmental and social goals for the companies it invests in. In a letter to ValueAct’s limited partners, Ubben outlines a new effort for his firm built on the premise “that there is not just a societal good
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Netflix has been on a tear this year, and traders are expecting a big move when the company reports quarterly earnings Monday after the market close. The options market is implying about a 7.5 percent move in either direction for the streaming giant, which is more than the average 5.5 percent move over the past
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Hargreaves raised his price target to $270 from $230 for Netflix shares, representing 23 percent upside to Thursday’s close. The analyst noted a recent report from the International Telecommunication Union that revealed broadband internet access was rising worldwide faster than expected. That makes Netflix’s potential market bigger and “prompts a corresponding increase to our estimates
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Shares of General Electric hit their lowest level since December 2011 on Thursday, briefly breaking below $17. The Dow component closed at $16.77, a six-year low, down 3.3 percent. The move lower follows a 4.7 percent decline on Wednesday and a 2.8 percent drop Tuesday. For the week, GE shares are down 9 percent. The
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We don’t know if we’ve just seen the moment of maximum upside energy for this bull market. But even if we have, history says there’s likely a fair slug of further gains left in this run before it finally ends. A market’s “momentum peak” is measured by various tools that capture the angle and persistence
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The worst intra-day market reversal in nearly a year might’ve spooked investors, but CNBC’s Jim Cramer argued that the market still has a major driver in its metaphorical back pocket. “I’m talking about the ongoing stock shortage,” the “Mad Money” host said. “The shortage is so real, so palpable, that I think it could become
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“It appears that in 2018 the banking industry and JP Morgan Chase will enter a new financial world which will provide this company with further opportunities to grow,” he said. “In the new era, it is very possible that the valuation of JP Morgan and its industry will expand, a process that is already well
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After hours of marveling at the tape’s incessant march higher, CNBC’s Jim Cramer took a step back to check the market layout. “What’s driving it? … Same as always: [a] stock shortage — it’s really been acute in the industrials — 401(k) money being thrown at the market, animal spirits, a stronger consumer, tax reform,
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After hours of marveling at the tape’s incessant march higher, CNBC’s Jim Cramer took a step back to check the market layout. “What’s driving it? … Same as always: [a] stock shortage — it’s really been acute in the industrials — 401(k) money being thrown at the market, animal spirits, a stronger consumer, tax reform,
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The market rally has left RiverFront Investment Group Chief market strategist Kevin Nicholson bullish on earnings, but not complacent. Anticipating higher rate hikes from the Federal Reserve, Nicholson said RiverFront is moving investments into Europe and Asia. “We expect more volatility because last year, you had the fed raising rates from 0 to 1 percent
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Corporate and emerging market bonds raked in $13.1 billion, with EM debt showing its second-biggest ever week of inflows. Tech funds also saw a big jump, with their second-best week ever, while high-yield bonds attracted $1.5 billion in fresh cash, the biggest inflows in 48 weeks. Hartnett reported that BofAML’s “Bull & Bear Indicator” that
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Recently, there’s been a lot of talk about Apple possibly buying Netflix. The new round of speculation seems to have been kick-started by Barry Ritholtz in Bloomberg View last November. (Some skeptical takes are here and here.) Forget it. It’s too late. There’s no chance this will happen now. Here’s why. It’s too expensive —
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It’s game on for Activision Blizzard, says TradingAnalysis.com founder Todd Gordon, as the charts are pointing to new high scores – or new all-time highs, rather – for the gaming stock. Gaming stocks have surged over the past year. Activision has seen a 76 percent rise while rivals Take-Two and EA have also skyrocketed 129
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Facebook shares fell 4 percent Friday morning after it announced major changes to its News Feed Thursday night. Shares fell as much as 6.1 percent ahead of the market open, after closing just below the flatline on Thursday. Mark Zuckerberg, the CEO of the social media giant, said that the News Feed — one of
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