Numerous negative stock market outlooks and concerns even as Wall Street focuses on 2017 growth, so looks like a good time to be a contrarian bull.
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This is a discussion on Market News within the Analytics and News forums, part of the Trading Forum category; Numerous negative stock market outlooks and concerns even as Wall Street focuses on 2017 growth, so looks like a good ...
ECB President Mario Draghi famously pledged to do 'whatever it takes' to restore eurozone growth. His attempts to fulfill that promise have led to NIRP and other bizarre policies like the central bank's massive asset purchases.
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Bill Ackman's hedge fund Pershing Square Capital Management disclosed a 9.9% stake in Chipotle on Tuesday evening and said the popular fast casual chain is undervalued and has an "enormous growth opportunity" ahead.
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Looking at the universe of stocks we cover at Dividend Channel, on 9/9/16, Harley-Davidson Inc (NYSE: HOG), Dr Pepper Snapple Group Inc (NYSE: DPS), and Best Buy Inc (NYSE: BBY) will all trade ex-dividend for their respective upcoming dividends. Harley-Davidson Inc will pay its quarterly dividend of $0.35 on 9/23/16, Dr Pepper Snapple Group Inc will pay its quarterly dividend of $0.53 on 10/5/16, and Best Buy Inc will pay its quarterly dividend of $0.28 on 10/4/16.
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
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Often times, revenue growth, coupled with non-GAAP income, can mask losses to those not willing to look under the surface. SPS Commerce (SPSC), this week's "danger zone" pick is a company that touts 61 consecutive quarters of revenue growth despite five years of shareholder value destruction. Increased competition, misleading non-GAAP metrics, and an overly optimistic valuation land make its outlook unfavorable in my opinion.
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TPG is buying McAfee through a joint venture with Intel in which it will take a 51% stake in the IT security firm and run it as a new independent company.
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