5.34k followers • 30 symbols Watchlist by Yahoo Finance
Follow this list to discover and track the stocks that were sold the most by hedge funds in the last quarter.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
European shares slipped on Thursday as weak earnings from Nokia and news of failed attempts at mergers added to a downbeat mood on renewed fears of a slowdown in global growth. The pan-European STOXX 600 ...
Valero Energy's (VLO) first-quarter results are supported by higher average ethanol production volumes and expansion of the Diamond Green Diesel plant.
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
Here's a roundup of top developments in the biotech space over the last 24 hours. None of the biotech stocks hit 52-week highs Wednesday. Down In The Dumps (Biotech stocks hitting 52-week lows on April ...
While the broader stock market rally has been strong year-to-date, large-cap technology stocks once again showed their bullish colors too. The Invesco QQQ Trust (NASDAQ:QQQ) is now higher by more than 30% since its late December 2018 lows and the exchange-traded fund is higher by more than 20% year-to-date. However, the QQQ ETF is now increasingly looking stretched on the upside and a mean-reversion trade to the downside is setting up for active investors and traders.Source: Shutterstock Earnings season is well underway but many of the large and mega-cap tech stocks are still waiting to report their latest numbers. Nonetheless, if the April rally in the QQQ ETF is any indication, investors have been giddy, gobbling up shares of these stocks right into the earnings reports. In my eye, the slope of this rally is getting all too steep for now. QQQ ETF ChartsFor some perspective let's look at the longer-term multi-year chart with weekly increments and note that by September/October 2018 the QQQ ETF was severely overbought and removed from its longer-standing up-trend as marked by the two purple parallels.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Click to EnlargeMoving averages legend: red - 200 week, blue - 100 week, yellow - 50 weekBut the corrective period in Q4 2018 mean-reverted these stocks back to the upper end of the trend, where they found support. After the most recent sharp multi-month rally, the Nasdaq 100 is right back at fresh all-time highs, which in itself wouldn't be so concerning to me if it weren't for the straight line move higher to these levels. * The 10 Best Cheap Stocks to Buy Right Now A sustainable breakout to fresh all-time highs in my eye rarely if ever happens coming from severely oversold readings, all in one straight line. What is needed here at the very least is for the QQQ ETF to consolidate in a sideways to lower pattern. Click to EnlargeMoving averages legend: red - 200 day, blue - 100 day, yellow - 50 dayOn the daily chart, we see that although the QQQ ETF has had a few breathers along the way over the past few months, these were not enough to keep the rally going to higher and sustainable all-time highs for the time being.It is also noteworthy that from a momentum perspective as measured by the MACD momentum oscillator at the bottom of the chart the QQQ ETF has not been this overbought since late January 2018, where stocks proceeded to correct meaningfully.Active investors and traders could now look to leg into controlled-sized (not too large) short positions in the QQQ ETF around the $190 level or higher. A first downside target is $180, while any strong bullish reversal upon an initial pullback would be a stop loss signal.Attend Serge Berger's special webinar: The highest probability candlestick pattern, period. Click here to register. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Double Over the Next Five Years * 6 S&P 500 Stocks Ready to Break Out * 5 Mining ETFs to Dig Into Compare Brokers The post Trade of the Day: The Invesco QQQ ETF Is Reaching for the Stars appeared first on InvestorPlace.
3M: What to Expect from Its Q1 Earnings(Continued from Prior Part)Analysts’ consensus on 3M Investors give higher importance to analysts’ views, recommendations, and target prices when tracking the stock price movement. The number of analysts
Several broad measures of technology-industry stocks are at all-time highs, a bullish signal for U.S. stocks in general
Barclays chief executive Jes Staley on Thursday pledged to slash banker bonuses if profits don’t improve in what was a tricky quarter for investment banks across London and New York. While Barclays was able to increase investment banking market share for the sixth quarter running, Staley admitted to a “lightness” in revenues and said bankers would pay the price. “That is how a bank should be run,” said Staley.
London-based Barclays bank says it may cut costs if "challenging" economic conditions persists throughout the year. Pre-tax profit from Barclays' corporate and investment banking business fell 30%. The bank says it has already cut bonus and compensation payouts across the corporate and investment bank to reflect the division's poor performance.
Profit at Barclays fell 10 percent in the first quarter as its under-pressure investment bank struggled with tough markets, prompting it to signal further cost cuts if these conditions persist. The poor investment banking performance comes at an awkward time for chief executive Jes Staley, who is locked in a public battle with activist investor Edward Bramson who wants to see the unit pared back to boost overall returns at Barclays. Barclays said on Thursday returns in the investment banking business fell to 9.5 percent from 13.2 percent a year ago, while its overall profit was 1.54 billion pounds ($1.99 billion).
Barclays has slashed costs at its investment bank to the lowest level in almost four years as it attempts to improve profitability at the underperforming unit and stave off an attack from activist investor ...
Barclays first-quarter profit fell 10% over the first three months of the year, amid challenging market conditions and lingering concerns over Brexit.
The pan-European Stoxx 600 was down around 0.15% during early afternoon deals, with most sectors and major bourses in negative territory. Nokia reported a surprise quarterly loss on Thursday, citing tough competition in its core networks business. Shares of the Finnish telecom network equipment maker tumbled more than 8% on the news.
It applies to Edward Bramson’s prosecutorial case that Barclays is guilty of a dire strategy error. Chief executive Jes Staley is committed to keeping a sizeable investment bank. In the first quarter, the pre-tax profits of Barclays’ corporate and investment bank fell a third year on year to £827m.
After a terrible year in 2018, lithium is about to make a major comeback, and new mining technology is unearthing the precious battery metal faster than ever before
The Dallas-based company said it had net income of 23 cents per share. Earnings, adjusted to account for discontinued operations, were 24 cents per share. The results exceeded Wall Street expectations. ...
Macro Updates: Record Highs, US-China Talks, and MoreMarkets reach record highsUS markets have been strong this year, and both the S&P 500 (SPY) and NASDAQ Composite (QQQ) hit new closing highs yesterday. The upward price action is a welcome