Mumbai, May 25: As the Modi government completed its first year today, the stock market wealth has grown by over Rs 10 lakh crore in this period with conglomerates like Tatas, Adani, Bharti, HDFC and Sun Groups clocking huge gains. At the same time, the two Ambani groups, Vedanta, ITC and L&T groups have witnessed erosion in their respective market valuations during […]
By Ben LevisohnBarclays’ Geoff Meacham and Jonathan Eckard are feeling good about biotech stocks like Biogen (BIIB) and Alexion Pharmaceuticals (ALXN) heading into the summer. They explain why:
Associated Press
[The] Nasdaq Biotech Index index has outperformed the broader market eight out of 10 times over the summer period (Memorial Day to Labor Day) and in 2Q/3Q, there are a number of meaningful […]
Tax scare on Yahoo’s Alibaba stake spin-off seen premature by BusinessInsider.com : Wednesday 05:30:11 CTCategories: markets, streamBy Supantha Mukherjee and Abhirup Roy(Reuters) – Yahoo Inc’s planned spin-off of its stake in Alibaba Group Holding Ltd is likely to proceed on a tax-free basis, analysts said, as Yahoo shares regained most of their losses after concerns of a possible change in […]
Guest post courtesy of the Hennessee Group.
Hedge Funds Outperform in April
May 19, 2015 – New York, NY – Hennessee Group LLC announced today that the Hennessee Hedge Fund Index gained +1.03% in April (+3.71% YTD), while the S&P 500 gained 0.85% (+1.29% YTD), the Dow Jones Industrial Average rose gained 0.36% (+0.10% YTD), and the NASDAQ Composite Index rose 0.83% […]
Last week started off ugly and could have gotten even uglier when Janet Yellen “quite high’d” the market into a tizzy. The savvy trader might have spotted her cautionary flag on uppity valuations as a reason to buy. That trader would have been rewarded handsomely when Friday’s jobs report helped to drive blue chips to their best day in more […]
Tim Boyle | Bloomberg | Getty ImagesWilliam McNabb, chairman, president and chief executive officer of Vanguard GroupHe also believes index funds will continue to outperform actively managed funds. From 2007 to 2014, index funds saw inflows of $1 trillion, while actively managed funds saw outflows of $659 billion.”It’s the triumph of low-cost investing, and I do think that’s a secular […]
Netty Idayu Ismail of Bloomberg reports, Hedge Fund That Made 18% on Dollar Strength Now Bets on Drop:
Charlie Chan, a former Credit Suisse Group AG proprietary trader who now runs his own hedge fund, reduced bets the dollar will strengthen and added trades that would profit from a decline.Chan said he trimmed his fund’s long dollar position versus the yen […]
Benchmarks ended in the red on Friday following investor concern over new equity market regulations in China and Greece’s debt crisis. Meanwhile, AmEx’s dismal earnings results weighed on the Dow. The S&P 500 and the Dow both registered their worst one day percentage decline in more than three weeks on Friday. Benchmarks also finished in negative territory for the week […]
UK Stock Market Ready To Reverse?Stock-Markets / UK Stock MarketApr 19, 2015 – 09:42 PM GMTBy: Richard_CoxOver the trading sessions seen last week, UK markets have posted some declines that have caused concern for many investors that are long equities. So the next question to ask is whether or not this is a true bearish reversal of the longer term […]
Car trader Paul Law predicts sales at his company could be 10 per cent higher than normal for this time of year. Photo: Nora TamTo some, the fun ride has only just begun.”Sales have been better,” Paul Law Siu-hung, chairman of Olympic Motor Group and a used car dealer, admits cheerfully.He says the recent rally in stocks gave a welcome […]
