Starting with a simple tweet on September 21st, 2015, Hillary Clinton has been pummeling Biotech stocks since her Presidential Campaign first began. In fact, Clinton has caused dramatic drops in the iShares Nasdaq Biotechnology ETF (IBB) at least three times in the past 14 months. The thought of Clinton winning the presidency, and the corresponding assault on the Biotech sector,....More>>>
Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google is best-known for its search engine, but is also home to some big moves in artificial intelligence (AI). Nearly a year ago, Google CEO Sundar Pichai stepped in as the guest writer of Alphabet’s annual founders’ letter and noted:
“… the next big step will be for the very concept of the ‘device’ to fade....More>>>
“My money is clean. I’m willing to accept everything being in full public view.”
After Guo Wengui escaped China, he discreetly paid $67 million in cash to buy a full floor apartment in Manhattan’s Sherry-Netherland Hotel, one of the highest prices ever paid for a New York co-op. He then got into a fight with his neighbors, battling the building’s co-op board,....More>>>
Fellow contributor Giovanni DiMauro published a bearish take on Valeant Pharmaceuticals (NYSE:VRX) with which I strongly disagree. I’ll start by going over DiMauro’s points (between quotes) where I hold a variant view and summarize my bullish take at the end.
CEO Joseph Papa mislead investors in August when he reaffirmed guidance for the year. The company missed miserably on earnings....More>>>
Gold doesn't trade in a vacuum. Markets are connected. What happens in one often affects others. So if you want to understand what's happening with gold, you need to know what's going on in the markets that affect gold. And while lots of traders focus only on the short term, it's important to have a big-picture view, too. The big picture shows you the long-term....More>>>
April 21, 2017 marked the one-year anniversary of the death of a music icon. Prince died tragically and unexpectedly; there are still lingering questions surrounding his estate. By now, we all know that he left behind no plan for his death and no will has been uncovered.
If you haven’t planned for your own death, the gift you are leaving your loved....More>>>
Photographer: Saul Martinez/Bloomberg
A strategic mistake made six years ago by celebrity CEO Ron Johnson continues to haunt popular retailer JC Penney, as evidenced by the ongoing sluggish sales growth and store closings that have made the company smaller—a fraction of what it once was.
Meanwhile, investors have been bailing out from the company’s stock,....More>>>
I believe the European financial market contains too much risk, and one should rather invest in the American financial system because it has a lot more upward potential. I wrote that in one of my latest articles. However, there is one exception to my statement: UBS Group (NYSE:UBS). The Swiss banking group is especially strong in investment banking and asset management and will probably outperform....More>>>
Investors have a lot to choose from when picking stocks to buy. But many are honing in on a handful of larger than life blue chips.
The 10 biggest companies in the S&P 500 index are collectively worth $4.36 trillion. The entire S&P 500 recently topped $20 trillion in value for the first time.
So the top 10 companies, a mere 2% of the 500 stocks in the index, make up almost....More>>>