It's important to be mindful of the fact that the stock market and the economy are two different things.
 | You're receiving this email because you are subscribed to Trading Tips,
if you no longer wish to receive these emails you can unsubscribe here. | |  | | |
| |  Good morning. It's important to be mindful of the fact that the stock market and the economy are two different things. As often as they're in agreement, they're just as often not.
Case in point: The Baltic Dry Index. A rough measure of global trade—at least in physical goods—the index continues to hit new lows on global economic uncertainty. Set against a backdrop of near-record-high stock prices, it's a stark contrast. It's also a good reminder that the current market could see further, seemingly unsuspected, drops ahead.
| | | | | |
| | |  | DOW 29,222.27 | +0.41% | | | | S&P 3,345.58 | -0.54% | | | | NASDAQ 9,611.64 | +0.96% | | | | | *As of market close | | | • | Stocks cautiously moved higher yesterday, as coronavirus outbreak numbers appeared muted. | | | • | Oil dropped 1.5 percent, hitting $49.54 per barrel. | | | • | Gold rose 0.2 percent, moving to $1,576 per ounce. | | | • | Cryptocurrencies declined, with Bitcoin dropping 2.7 percent to $9,858 after hitting $10,000 over the weekend. | | | | | | | |
| | | Two Bargain Stocks Under $5 For Your Portfolio | | | | There are a lot of potential investment opportunities for smaller traders that can beat out the so-called experts.
That's because organizations like insurance companies and hedge funds have rules about what they can invest in. One such restriction is to avoid stocks under $5 per share, also known as "penny stocks."
While it's easy for a big fund to potentially move a market with low-priced shares, individual investors don't have that problem.
» FULL STORY | | | | |
| | Insider Trading Reports: Unifi Inc (UFI) | | | | Kenneth Langone, a director at Unifi (UFI), recently added 24,000 shares to his holdings. The buy increased his total stake by 1.7 percent, and came to a total cost over $540,000.
The buy comes a day after a 21,900 share buy by Albert Carey, Executive Chairman of the company. His buy came to $498,000.
And the week before, the company CFO picked up 5,000 shares, paying just over $107,000. All told, insiders have been buyers in the past three years.
» FULL STORY | | | | |
| | Unusual Options Activity: iQIYI (IQ) | | | | February 28th $27 call options on iQIYI (IQ) saw a 57-fold increase in volume, going from 151 open contracts to over 8,600 options trade.
The bet, expiring in 17 days, is for shares to rise about $1.75 from their current price near $25.25. That's about a 7 percent return.
The call buyer also paid about $1.00 for the trade, so shares would really need to clear $28 at expiration for the trader to profit.
» FULL STORY | | | | |
| | | | TOP | | | AMD | 5.088% | | | | L | 4.808% | | | | NVDA | 4.523% | | | | MCK | 3.723% | | | | IPGP | 3.459% | | | | BOTTOM | | | ABMD | 6.864% | | | | NOV | 5.376% | | | | XEC | 5.202% | | | | NCLH | 3.427% | | | | DXC | 3.364% | | | | |
| | |  | | Rate markets are sending warning signs, creating renewed disconnect between rate and equity markets. What we find complacent is the idea among some market participants that Chinese economic weakness will have limited repercussions for the rest of the world. | | - JP Morgan investor report on the disconnect between the stock market and the potential damage from the ongoing coronavirus outbreak.  | |
|
No comments:
Post a Comment