Business

Commenting on Intel’s lackluster guidance and today’s trading Gorilla Trades strategist Ken Berman said: Q2 2020 hedge fund letters, conferences and more Market Wrap Dow: 26,9525, – 127 or 0.5% S&P 500: 3,225, – 11 or 0.3% Nasdaq: 10,407, – 55 or 0.5% Russell 2000: 1,478, – 12 or 0.8% Intel’s Lackluster Guidance Causes A […]

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In an unprecedented move, Elon Musk announced via Twitter that Tesla Automotive will be divesting from making cars and using the proceeds to buy back Tesla stock. Q2 2020 hedge fund letters, conferences and more Tesla’s stock responded very well to the news rallying to new highs. One Deutsche Bank analyst, who upgraded the stock […]

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Massif Capital commentary for the month of July 2020, titled, “Climate Uncertainty Leads to Divergent Corporate Strategies.” Q2 2020 hedge fund letters, conferences and more There is growing interest in analyzing the environmental footprint of corporations. Banks and insurance companies are beginning to examine this risk when assessing borrowing costs and insurance premiums. Large corporate […]

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Gold and Silver Prices This week, gold and silver continue to make sweeping historical moves. On one hand, the gold price broke through first $1850, then $1900 within two days. On the other hand, the silver price exceeded $20 on July 20th, then saw $21, $22, and $23 in the following days. Although the silver […]

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Screen capture via Twitter.  Q2 2020 hedge fund letters, conferences and more Amazon And Twitter: Insanity Defense Earlier this week, CNBC’s “Mad Money” host Jim Cramer tweeted that price moves in Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Tesla Inc (NASDAQ:TSLA) were “insane”. Michael Novogratz, the crypto investor formerly of Fortress Investments and Goldman Sachs […]

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Talk about eligibility for the second round of coronavirus stimulus checks has been going on for weeks. There was an uptick in speculation when Senate Majority Leader Mitch McConnell said he thought individuals earning less than $40,000 were the hardest hit by the pandemic. Q2 2020 hedge fund letters, conferences and more Now we have […]

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ValueWalk’s Raul Panganiban interviews Kevin Smith, CFA, Founder, CEO, and CIO and Tavi Costa, Partner and Portfolio Manager at Crescat Capital. In this part, Tavi and Kevin discuss how we are close to a reckoning moment for equity markets, Fed’s money printing, lessons from the tech bubble, the impact of the coronavirus on airlines, the […]

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Blue Tower Asset Management letter to investors for the second quarter ended June 2020, disucssing their holdings in EZCORP Inc (NASDAQ:EZPW). Q2 2020 hedge fund letters, conferences and more The Blue Tower Global Value strategy composite had its best quarter since inception with 21.14% net (21.49% gross) in Q2. This follows our worst quarter in […]

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The first stimulus package, the CARES Act, came in March. However, it proved insufficient as the coronavirus pandemic is still a big threat to the economy. Thus, there were demands for a second stimulus package, and the wait is almost over now. The next coronavirus stimulus package checks and aid, CARES Act 2, could come […]

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