SmileDirectClub: a True “Megatrends” IPO with Good Alternative Data Metrics
The Federal Reserve Is Out Of Options
Polishing The Apple
Apple unveiled its shiny new iPhone at its annual launch event on Tuesday – and investors weren’t sure what to make of it…This year’s iPhones are largely seen as a stop-gap until next year’s, when tech-loving texters expect to see performance-boosting 5G compatibility. But Apple still needs customers to cough up $1,000 in the meantime: iPhones are the company’s biggest earner, making up nearly half its total revenue.
Grain Express: September 11, 2019
The USDA announced another sale to Mexico yesterday, this time for 278,200 metric tons. Reports out yesterday that National Security Adviser, John Bolton is out of the white house put a pop in the Ag commodities. Bolton was a notorious hawk and a headwind for a trade deal with China. Bolton’s departure will likely change the tone going forward, evident right away as a headline from China was released shortly after saying that they would purchase more US agricultural products to sweeten the pot.
It’s a Grind
The first few sessions this week have been about unwinding and grinding. The unwinding has occurred in the Treasury market and high-multiple growth stocks while the grinding has occurred in the broader market, which has stood its ground with the help of a rotation into value-oriented stocks.
GE Will No Longer Be Baker Hughes Majority Owner
GE’s ownership stake of Baker Hughes stands at around 522 million shares, or 50.4% of the company. GE will sell up to 120.75 million Baker Hughes shares in a secondary offer and Baker Hughes will buy $250 million worth of shares from GE in a separate transaction, according to Reuters.
China Last Night: September 11, 2019
T. Rowe Price Issues China Buy Recommendation, Europe’s Largest IPO is a South African Company That Owns Asia’s Largest Social Media & Gaming Company
How To Beat The Jitters When The Markets Shake
Oil Supply Outlook: Is Your Barrel Half Full or Half Empty?
Climate Promises from Politicans: America Will Do Better
Value Closes The Gap On Growth
UK Sparks: Capital & Regional In Talks To Sell Majority Stake
Shopping centres owner Capital & Regional has announced that it is in talks that would see South Africa’s Growthpoint Properties acquire a majority stake in the company. It says the potential transaction would be a combination of a partial offer in cash for Capital & Regional shares and an injection of capital to support the group’s strategy through a subscription for new shares. No other details are provided at this stage. Growthpoint is the largest real estate investment trust with its primary listing on the Johannesburg Stock Exchange.
Closing Bell (Sept. 11)
The Rumour Mill
WTI Crude (CL) Testing Daily Chart Descending Triangle Resistance
Getting Paid to Collect Yield
China Last Night: September 10, 2019
It was a quiet night as volumes were light in advance of Thursday’s ECB and next week’s Fed decisions. Asian markets were mixed with mainland China seeing short term profit taking while Hong Kong was flat. Tencent has been actively buying back shares since August 28th in lots of 120k or 110k. Tuesday’s purchase of 110k shares was the 10th such purchase. Shanghai closed above the 3k level, which could provide support going forward.
S-REIT Index’s Five Best-Yielding Constituents Average 9% Yield
How Does Geopolitics Impact Investment Returns And What Can You Do About It?
UK airline British Airways (BA) was mired in the worst industrial action of its 95-year history on Monday – while European rival Air France-KLM saw its share price fall 9% after it warned flyers had been less frequent than hoped.
A New Method for Rebalancing Helps Systematic Models Get Better
Low Yields In Historical Context: Breaking The Narrative Of Rising Rates
Find Attractive Stocks in this Undervalued Industry
Morning Express: September 10, 2019
U.S benchmarks have edged ever so slightly lower since yesterday’s peak. Major three-star support has buoyed the tape and although we’ve seen worsening economic data from China and Japan overnight, both the poor PPI and Machinery Orders respectively were anticipated. In fact, China’s contracting PPI was less-worse than expected.
5 Monster Stocks To Watch For The September 10 Trading Session
The Rising Importance Of Dividends When Earnings Slow
What To Expect From Apple’s Product Event On Tuesday
Apple Inc. AAPL will host its annual product launch on Tuesday and consumers are likely to be greeted with incremental improvements in new devices. Apple’s annual tradition of hosting a product launch event will likely be consistent with prior years, according to CNBC. Management introduces new products and explains new features and Tuesday’s event will likely include incremental improvements from past generations.