The short-vol trade is dead. Long live the short-vol trade.
Investors are discovering fresh ways to bet volatility across asset classes will tumble anew even as hawkish monetary policy, emerging-market turmoil and February’s vol-mageddon underscore headwinds to the complex trade.
ZTE Corp.’s shares cratered after it agreed to pay at least $1 billion in penalties and overhaul its management as part of a sweeping settlement agreement that allows it to resume business after a two-month hiatus.
China’s second-largest telecoms equipment maker fell as much
While what really matters for valuation in the long run is profits, in the short run some companies are awarded a premium valuation based on having a vastly superior growth rate. Tesla (TSLA) is famously posting massively negative earnings, losing $23,697 per car in the most recently reported quarter (3Q 2017) alone, so it is clearly not valued on a multiple to current profits.
China’s biggest Netflix-like streaming site finally has a plan to get into the rapidly expanding arena of social and user-generated short-form videos. But iQiyi Inc. reckons it’ll take as long as three years to get there.
The Baidu Inc. spinoff had long recognized the potential but chosen to focus on its core business out of necessity, iQiyi Chief Executive Officer Gong Yu told....More>>>
The Department of Justice, on behalf of the Labor Department, asked U.S. District Court Judge Susan Richard Nelson on Tuesday to stay the current court case filed against Labor’s fiduciary rule by Thrivent Financial for Lutherans.
EURUSD depreciated by 1.4 percent while EURINR appreciated by 1 percent during the same time frame. EU commission proposes 55 billion euros for Euro zone 2021 – 2027 budget for supporting investment in the region. Euro zone CPI came in at 1.2% for Apr18 against market expectations of 1.3%. Euro zone manufacturing PMI came in line with....More>>>
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Securities and Exchange Commission Chairman Jay Clayton told Senate lawmakers Tuesday that harmonizing a fiduciary rule with the Labor Department is a top priority for him and laid out four steps....More>>>
Facebook (FB) has received some negative publicity lately with the Cambridge Analytica scandal, resulting in its stock taking the heavy beating by plummeting more than 15%. As a result, much has been written about whether the current stock price level is attractive for a buy, including many articles written on Seeking Alpha. While my end-point is the same, the tools I am going to use are quite different.
At this point, the annual Mobile World Congress (MWC) trade show could be renamed Android-palooza, and few would complain. Though the product announcements made at MWC, which takes place this week in Barcelona, are by no means limited to Android hardware, it’s clearly now the biggest event of the year for showcasing new devices running on Alphabet/Google’s (GOOGL) mobile....More>>>
Last week, Canadas announced a suite of bills to legalize recreational marijuana use throughout Canada making good on a campaign promise. The pending legalization bills are widely expected to pass (the goal is to get the regulatory regime off the ground by July 1, 2018) with Abovethelaw.com having an article with the following good summary of the proposedrestrictions and standards:
Cybersecurity has become an increasingly important issue that companies have to address as they continue to develop new platforms and mobile apps. Hackers have been able to steal credit card and personal information from major companies like Equifax, JPMorgan and Home Depot. As a result, cyberse
Shares of cybersecurity outfit Check Point Software Technologies (NASDAQ:CHKP) have been underperforming for the past year. As cyberattacks have gained notoriety, lots of competition has cropped up and taken a bite out of the company's market share. Even with an attractive valuation, it may not
Check Point Software (NASDAQ:CHKP) is a technology company that provides cyber security solutions for different kinds of businesses and protects them against cyberattacks and malware software. Last month, the company announced quite a good financial report for Q1, in which it showed that the reve
The WannaCry ransomware (a type of malicious software) has affected hundreds of thousands of computers and bank ATMs across 150 countries. The malware encrypts the files on a user's system and then displays a message demanding ransom to decrypt the infected files.
Lately, there have been a lot of questions about the overvaluation of stocks in the cybersecurity space. I've had contributors who think the entire sector should be shorted. I mean, regardless of growth rate, ROIC or P/E, just short the entire sector and its glory.