Month: September 2019

Lacy O’Toole | CNBC Berkshire Hathaway‘s executive Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett’s business model. Cool, who joined Berkshire in 2009 as Buffett’s financial assistant, said she’s building an investment vehicle that acquires companies “too small for Berkshire,” The Wall Street Journal reported.
0 Comments
With the major indices scoring a fairly strong September, recession fears may have subsided for some. Plus, certain metrics for the U.S. economy appear healthy, suggesting that the bears are overplaying their hand. Thus, loading up on dividend stocks to buy for a coming downturn seems unnecessary. Of course, I don’t have a crystal ball:
0 Comments
In early May 2019, cloud computing and virtualization software giant VMware (NYSE:VMW) looked unstoppable. VMware was riding high on big-time partnerships with cloud platform giants Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), the numbers looked great and VMW stock was soaring towards fresh all-time highs around $200. Source: Sundry Photography / Shutterstock.com But, as seasoned investors know,
0 Comments
Gold dips below $1500 The bearish calls rise- The ECB provides a reason to buy the dip In a bull market, it is crucial for bearish to fuel the trajectory of prices Gravity hit the gold market over recent sessions. After rising to a high $1566.20 on the COMEX December futures contract on September 4,
0 Comments
There’s not a stock in the market with a more pitched bull and bear divide than Tesla (NASDAQ:TSLA) stock. Bulls cite a massive growth opportunity — and a company that can help improve life on Earth. Bears point to the company’s lack of profitability, a long list of broken promises and an arguably inflated valuation.
0 Comments
Silver has pulled back 11% from its highs at $19.70/oz. Despite this pullback, bullish sentiment has not budged much, and is currently sitting at 61% bulls based on DSI data. While an oversold bounce is possible, I believe we will likely see a slightly lower low in silver below $17.50/oz, before this correction is completely
0 Comments
Berkshire Hathaway Chairman Warren Buffett seen at the annual Berkshire shareholder shopping day in Omaha, Nebraska, U.S., May 3, 2019. Scott Morgan | Reuters This is breaking news. Please check back for updates. The second-largest investor in Kraft Heinz Company disclosed that it has again trimmed its stake in the food company. 3G Capital Partners,
0 Comments
Check out the companies making headlines before the bell: Kraft Heinz – 3G Capital sold 25.1 million shares of the food producer at $28.44 per share, according to a Securities and Exchange Commission filing. 3G owns 245 million shares following that transaction. Home Depot – Guggenheim Securities downgraded the home improvement retailer’s stock to “neutral” from
0 Comments
Geopolitical risk returned in significant fashion Monday, but fortunately, it didn’t involve President Donald Trump and his Twitter (NYSE:TWTR) account. As widely reported over the weekend, drone strikes against Saudi Aramco production facilities knocked about 5% of global daily output offline. Source: ymgerman / Shutterstock.com A Yemeni militant group claimed credit for the attack, but
0 Comments