Treasury yields inched higher Friday, but ended lower on the week as a combination of concerns about geopolitics and uncertainty about President Donald Trumps policy priorities helped to support buying in the perceived safety of government bonds.
On Friday, yields mostly ticked up for a second straight session as the so-called reflation trade was rekindled amid Trumps promise to reveal details....More>>>
Thesis: Substantial pessimism of the completion of the Genworth (NYSE:GNW) deal to be acquired by China Oceanwide presents an opportunity for the smart investor.
As we see, the shares have never traded anywhere near the “deal price” of $5.43. The market has been consistently skeptical.
Market has its doubts on Genworth buyout
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On Monday, our Under the Radar Moversnewsletter suggestedgoing long on small cap homebuilder stockGreen Brick Partners (NASDAQ: GRBK):
For Green Brick Partners, we’re mainly feeding off of the hammer-shaped reversal bar from last week. That long-tailed low only had to kiss the 200-day moving average line (green) at $8.45 to kick-start a reversal, and we’ve seen some nice bullish....More>>>
Did you miss “Mad Money” on CNBC? If so, here are some of Jim Cramer’s top takeaways.
When it comes to personal electronics, market darling Fitbit (FIT) has clearly lost its mojo, while navigation giant Garmin (GRMN) has made a miraculous turnaround.
Cramer said even he fell for the hype when Fitbit first debuted in June 2015. The company was supposed to be more....More>>>
A “Now Hiring!” sign stands on display next to the Jiffy Lube International Inc. booth during a Job News USA career fair in Overland Park, Kansas, on Wednesday, March 8, 2017. Applications for U.S. jobless benefits rebounded last week from a 44-year low, returning to a range that still shows strength in the labor market. Photographer: Luke Sharrett/Bloomberg
The bull market just....More>>>
Weyerhaeuser (WY) wouldn’t normally top your list of big movers, let alone the biggest mover in the S&P 500. But thanks to a note from Goldman Sachs today, Weyerhaeuser was the hottest stock in the S&P 500.
Shares of Weyerhaeuser, which has a market capitalization of $22.7 billion, gained 5.7% to $32.08its largest move since February 2012while the....More>>>
You might have heard that there were some big changes at Alcoa (AA), which is now bereft of its “downstream,” “value-add” business, Arconic (ARNC). Citigroup’s Alexander Hacking and Jessica Idiculla contend Alcoa will be fine on its own:
Photo: Sean Gallup/Getty Images
We initiate coverage on Alcoa Corporation with a Buy rating and $30/sh target....More>>>
It does not seem as if legendary value investor Seth Klarman (Trades, Portfolio), founder of the Baupost Group, is very confident about the seemingly incessant rise in U.S. stock markets. That puts him at odds with Warren Buffett (Trades, Portfolio), who seems as confident as ever in American markets.
In his recent letter, Klarman notes the markets are currently at “perilously high....More>>>
US President Donald Trump signs an executive order as Vice President Mike Pence looks on at the White House in Washington, DC on January 20, 2017. (Photo credit: JIM WATSON/AFP/Getty Images)
President Donald Trump wasted no time in chipping away at the Patient Protection and Affordable Care Act (sometimes called “ACA” or “Obamacare”). Today, shortly after he was sworn....More>>>