Seema Shah, chief global strategist at Principal Asset Management, shared her outlook with Insider for a new era of investing. With liquidity drying up and interest rates high, Shah said investors should decrease equity risk and pocket gains while the current stock rally is still going. She explained how to balance a portfolio to minimize… Continue reading A chief global strategist explains why it’s time to pivot from stocks as a new era of investing kicks off
‘Big Short’ legend Michael Burry invested in Bed Bath & Beyond at least twice before the meme stock’s epic rise and fall
Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. Burry’s Scion firm held a $8 million stake in September 2019, and a $11 million stake in June 2020. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. Loading Something… Continue reading ‘Big Short’ legend Michael Burry invested in Bed Bath & Beyond at least twice before the meme stock’s epic rise and fall
A 40-year stock trader and mathematician who had a 366% return shares her 4 biggest tips, plus the winning strategy she learned from her worst mistake
Sunny Harris began trading on her own after a fund manager lost a big chunk of her investment. She has also developed her own trading indicator that uses dynamic moving averages. She recommends testing your strategy and rules at least 100 times before using them to make trades. Before Sunny Harris became a stock trader,… Continue reading A 40-year stock trader and mathematician who had a 366% return shares her 4 biggest tips, plus the winning strategy she learned from her worst mistake
Dow jumps 387 points as US stocks snap weekly losing streak after rate fears ease
Jennifer Sor Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. Lucas Jackson/Reuters US stocks climbed higher on Friday, snapping a weekly losing streak. Fears of a move back to bigger rate hikes were eased as traders digested comments from Fed officials. Atlantic Fed President… Continue reading Dow jumps 387 points as US stocks snap weekly losing streak after rate fears ease
Apple stock has 5 under-the-radar drivers that could catapult it to a near-$4 trillion valuation, Morgan Stanley says
Apple stock still has a lot of upside that some investors may be underestimating, according to Morgan Stanley.Morgan Stanley said five under-the-radar catalysts could send Apple stock to its bull-case scenario of $230.The bullish target represents 53% upside and would catapult Apple to a near-$4 trillion valuation. Loading Something is loading. Thanks for signing up!… Continue reading Apple stock has 5 under-the-radar drivers that could catapult it to a near-$4 trillion valuation, Morgan Stanley says
US stocks rally as traders digest comments from Fed officials on coming rate hikes
Morgan Chittum Michael M. Santiago/Getty Images US equities rallied Thursday as traders mulled over coming interest rate hikes. The Dow popped more than 300 points, supported by Salesforce’s gains on strong corporate earnings. Atlanta Fed President Raphael Bostic said he’s “very firmly” in favor of a quarter-point rate hike. Loading Something is loading. Thanks for… Continue reading US stocks rally as traders digest comments from Fed officials on coming rate hikes
Tesla’s investor day showed it is ‘one generation ahead’ of rival automakers in EV race, former Ford CEO says
Former Ford CEO Mark Fields saw Tesla’s investor day as reaffirming the automaker’s reign over the EV industry. Though the event lacked details on new models, it demonstrated the company’s leadership in key areas, he told CNBC. “Tesla still has the leg-up on the competition, and I think they demonstrated that yesterday.” Loading Something is… Continue reading Tesla’s investor day showed it is ‘one generation ahead’ of rival automakers in EV race, former Ford CEO says
Betting against Jim Cramer just became a lot easier with the launch of a new ETF that shorts the TV host’s stock picks
“Mad Money” host Jim Cramer makes a lot of stock market calls, and not all of them pan out. The Inverse Cramer ETF bets against the financial pundit, by shorting stocks he’s bullish on. The product is the handiwork of the money manager known for shorting Cathie Wood’s stock picks. Loading Something is loading. Thanks… Continue reading Betting against Jim Cramer just became a lot easier with the launch of a new ETF that shorts the TV host’s stock picks