Mario Draghi, head of the European Central Bank, warned that there were "mild signs of over-stretched valuations" in the markets.
 | You're receiving this email because you are subscribed to Trading Tips,
if you no longer wish to receive these emails you can Manage Subscriptions. | |  | | |
| |  Good morning. Mario Draghi, head of the European Central Bank, warned that there were "mild signs of over-stretched valuations" in the markets. As head of the ECB, Draghi has been a supporter of asset purchases and has been favorable to actions such as the rise of negative interest rates.
Naturally, the central banker had no comment as to the cause of what may have possibly pushed valuations to above-average levels. The great political game of taking credit and shifting blame is truly timeless.
| | | | | |
| | | US Industrial production has shrunk on a year-over-year basis for the first time since President Trump was elected. How much has production shrunk? Reply to this Email. | | | | |
| | |  | DOW 26,770.20 | -0.95% | | | | S&P 2,986.20 | -0.39% | | | | NASDAQ 8,089.54 | -0.83% | | | | | *As of market close | | | • | Stocks drifted down into the weekend, on weak earnings and data out of China. | | | • | Oil dropped 0.4 percent, to $53.70 per barrel. | | | • | Gold declined 0.3 percent,to $1,494 per ounce. | | | • | Cryptocurrencies declined, with Bitcoin closing under $8,000. | | | |
| | | Three Stocks You Can Safely Own for a Decade or More | | | | Ten years after the last big bear market, many investors are still worried about some of the stock market's smaller gyrations. Every pullback over 5 percent from a market peak brings out prophets of doom and gloom, and it doesn't take much to send the fear soaring.
How to beat this fear? By finding great stocks that can be bought and held for a decade or longer. Plenty of companies fit the bill for the buy-and-hold crowd.
» FULL STORY | | | | |
| | Insider Activity: Investcorp Credit Management BDC (ICMB) | | | | Investcorp BDC Holdings, the management behind Investcorp Credit Management (ICMB), added 15,614 shares to their stake at a cost of just over $100,000.
Over the past two years, insiders have been nothing but buyers, including executives such as the CEO and CFO, at prices as much as 32 percent higher than where shares trade.
» FULL STORY | | | | |
| | Unusual Options Activity: CenturyLink (CTL) | | | | Over 9,000 contracts traded on the April 17th, 2020 put options on CenturyLink (CTL). With 179 days until expiration, the $8 strike price is a bet that will pay off in-the-money if shares, currently at $12.60, fall by over 36 percent.
With a prior open interest of just 108 contracts, the volume increase on the trade is 83 times the prior volume, a strong bet that shares will move down.
» FULL STORY | | | | |
| | | | TOP | | | KSU | 7.259% | | | | ISRG | 6.961% | | | | STT | 6.097% | | | | ETFC | 4.636% | | | | PBCT | 4.309% | | | | BOTTOM | | | LB | 9.89% | | | | BA | 6.79% | | | | JNJ | 6.22% | | | | NFLX | 6.153% | | | | DXC | 5.233% | | | |
| | |  | | People are fascinated by this idea of a business cycle, so they say that we're overdue for a recession or they say that we've got an inverted yield curve. These are stories that have been amplified and they've gotten to the point where they may be self-fulfilling prophecies. The inverted yield curve causes a recession because people think it will. | - Nobel Prize winning economist Robert Shiller on how the economy could move into a recession in spite of many reasons not to.  | |
|
No comments:
Post a Comment