Tech bubble 2.0 continues to quietly burst amidst the backdrop of a market near all-time highs. Besides struggling companies that went public this year in the ride share and plant-based meat alternative space, there's the failed attempt of companies like WeWork to even get to an IPO.
 | 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.. Saudi Aramco, after a few failed attempts, is yet again going forward with a public offering. This time, however, the company is trying to figure out exactly how to value some of the world's largest oil reserves.
As a result, the proposed public company may be worth anywhere from $1.2 trillion to $2.3 trillion. Even for the U.S. government, a difference of $1 trillion is a pretty wide one. And it's no coincidence that even on the low end, the $1.2 trillion valuation would just edge out Apple as the world's largest publicly traded company… if it goes through again.
| | | |
|
|
|
| Famous Wall Street Expert Makes ANOTHER Incredible Prediction | |
|
 You've probably seen him headlining financial news in the past.
Now, Paul Mampilly is back to make his next remarkable stock forecast. Early adopters will enjoy a low buy-in price, which is great news for the casual trader.
A small investment in this little-known tech stock could return nearly $800,000. You can learn more by clicking here.  | |
|
| | |
 | DOW 27,462.11 | +0.42% | | |
| S&P 3,078.27 | +0.37% | | |
| NASDAQ 8,433.20 | +0.56% | | |
|
| *As of market close |
|
| • | Stocks rallied yesterday, on news that a U.S.-China trade deal would be signed. | | | • | Oil rose 0.6 percent, to $56.55 per barrel. | | | • | Gold dropped 0.02 percent, to $1,511 per ounce. | | | • | Cryptocurrencies generally rallied, with Bitcoin trading around $9,470. | | |
|
|
|
| Three Monthly-Paying ETFs Worth Buying Now | |
|
|
Investors may say they want growth—but there's something alluring about income. That's because, whether a stock goes up or down, getting regular cash payments from an investment shows that it's the real deal. A company can restate its earnings, and growth can fade, but once they've paid you the cash, you have it.
It's the ultimate reward for ownership, as it can be used however you wish—to spend, to buy more shares, you name it.
» FULL STORY |
|
| |
|
|
| Insider Trading Reports: Encana (ECA) | |
|
|
Following its quarterly earnings report and the end of a lockout period for insiders to buy up shares, a number of insiders at Encana (ECA) started to add to their stake at the company.
Insider buys included a CEO buy of 12,500 shares, and three directors, who bought nearly 80,000 shares in total at varying prices just under $4 per share. Data on insider activity shows only one small sale in the past two years with many clusters of buying.
» FULL STORY |
|
| |
|
|
| Unusual Options Activity: Micron (MU) | |
|
|
The November 8th $52 call options on Micron (MU) saw over 2,700 contracts trade against a prior open interest of 256, an 11-fold surge in volume.
Given that the option expires on Friday, and with Micron shares around $49.50, shares of the company would need to rally another $2.50 for the option to close in-the-money. As market sentiment has improved on trade issues, tech companies like Micron could move that much higher this week.
» FULL STORY |
|
| |
|
| | |
| TOP | | | XEC | 7.026% | | | | PXD | 6.664% | | | | DVN | 6.613% | | | | NBL | 6.494% | | | | FDX | 5.316% | | | | BOTTOM | | | UAA | 18.922% | | | | UA | 18.35% | | | | NVR | 6.732% | | | | PHM | 4.697% | | | | MSI | 4.16% | | | |
| | |
 |
| Sentiment is definitely better than last month's survey… [but] I think a lot the [layoffs] are flying under the radar—no one wants to impact consumer sentiment, no one wants to announce cuts around Christmas |
- Timothy Fiore, chairman of the ISM survey committee on today's manufacturing data which continued to drop despite last week's great employment numbers  |
|
|
| Famous Wall Street Expert Makes ANOTHER Incredible Prediction | |
|
 You've probably seen him headlining financial news in the past.
Now, Paul Mampilly is back to make his next remarkable stock forecast. Early adopters will enjoy a low buy-in price, which is great news for the casual trader.
A small investment in this little-known tech stock could return nearly $800,000. You can learn more by clicking here. | |
|
No comments:
Post a Comment