David Einhorn’s hedge fund crushed the stock market last year, returning 37% compared to the S&P 500’s loss of almost 20%.Greenlight Capital found success in shorting speculative tech stocks and owning value-oriented companies last year.These are three stocks Einhorn is bullish on as he seeks to continue his outperformance in 2023. Loading Something is loading.… Continue reading David Einhorn’s hedge fund crushed the S&P 500 last year. These are the 3 stocks he’s counting on for continued outperformance.
A chief global strategist explains why it’s time to pivot from stocks as a new era of investing kicks off
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
This couple wants to retire early, but are their government pensions enough?
A $100,000 pension today won’t be worth the same a decade from now, experts warn An Ottawa couple both work for the civil service and have indexed pensions. But will they be enough to allow the pair to retire early? Photo by Tony Caldwell/Postmedia News Married Ottawa couple Joel and Natalie* are on the hunt… Continue reading This couple wants to retire early, but are their government pensions enough?
Stock Market Today: S&P 500 Snaps Weekly Losing Streak
Stocks closed higher Friday, putting an end to a string of weekly losses for the broad market. This stretch of negative price action resulted in stiff February losses for the major benchmarks, which may have sparked a relief rally in recent sessions. Declining Treasury yields and a solid reading on the U.S. services sector also… Continue reading Stock Market Today: S&P 500 Snaps Weekly Losing Streak
Green Thumb Industries Kicks Off Marijuana Earnings Season: This Week in Cannabis Investing
This week, Green Thumb Industries (GTBIF (opens in new tab)) kicked off a busy stretch of fourth-quarter and end-of-year earnings releases from cannabis companies. Several announcements have already been released from marijuana stocks that are of less interest due to poor management, balance sheets, capital allocation and business strategy. Those reports have come and gone,… Continue reading Green Thumb Industries Kicks Off Marijuana Earnings Season: This Week in Cannabis Investing
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