capital gains

Warren Buffett Avoids Nike Stock Despite Billionaire Investors Buying Heavily as CEO Change Boosts Rebound Prospects

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Warren Buffett Avoids Nike Stock Despite Billionaire Investors Buying Heavily as CEO Change Boosts Rebound Prospects

Billionaire investors and renowned hedge fund managers, such as Pershing Square Capital Management’s Bill Ackman, Citadel’s Ken Griffin, and Susquehanna International Group co-founder Jeff Yass, bought millions of Nike shares in Q2 despite the company struggling to retain the top market spot due to headwinds on multiple fronts. Shares are down over 20% year-to-date and … Read more

Cheap Valuations Prompt Investors Like Warren Buffett to Buy Beauty Stocks Despite Concerns Over Industry Prospects

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Cheap Valuations Prompt Investors Like Warren Buffett to Buy Beauty Stocks Despite Concerns Over Industry Prospects

Beauty brands often showcase resilience during market downturns. When budgets become strained, especially during recessions, people refuse to give up on smaller luxuries like beauty and skincare products. The trend of splurging money on beauty and affordable luxuries when cash is tight and the economy is weak was theorised as the “lipstick index.” However, the … Read more

‘I Just Want To Close The Wealth Gap!’: Comedian Asks Nancy Pelosi What Stocks To Buy And Is Escorted Away

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‘I Just Want To Close The Wealth Gap!’: Comedian Asks Nancy Pelosi What Stocks To Buy And Is Escorted Away

Conservative comedian Alex Strenger was escorted away after he asked Democratic Congresswoman Nancy Pelosi which stock to buy as she signed copies of her new book, “The Art of Power,” at the Texas Tribune Festival in Austin on September 8. Strenger posed as a Democrat, wearing a face mask and a Bernie Sanders baseball cap, … Read more

Republican Rep. Dan Meuser’s Portfolio Returned Over 500% Since 2019 — Here’s How He Manages His Investments

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Republican Rep. Dan Meuser’s Portfolio Returned Over 500% Since 2019 — Here’s How He Manages His Investments

Data from Quiver Quantitative suggests that if you had followed Pennsylvania Representative Dan Meuser’s investment trades since August 2019, your portfolio would have generated 512% returns to date. He is among several Congress members, like Former House Speaker Nancy Pelosi and Democratic Senator Sheldon Whitehouse of Rhode Island, who made triple-digit returns over the years. … Read more

These Two Market Indicators Are Flashing Warning Signals For US Stocks; This Warren Buffet Stock Remains Strong

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These Two Market Indicators Are Flashing Warning Signals For US Stocks; This Warren Buffet Stock Remains Strong

The Cboe Volatility Index (VIX) jumped to a three-month high of 18.46 yesterday as the Q2 earnings season began with lacklustre reports from Tesla and Alphabet, triggering a sell-off in the US stock market. The VIX, or the fear gauge, measures the demand for protection against stock fluctuations. The S&P 500 dropped 2.3%, while the … Read more

JPMorgan Strategist Who Predicted Biden Withdrawal Has Gloomy Outlook For EV Sector, Ukraine War

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JPMorgan Strategist Who Predicted Biden Withdrawal Has Gloomy Outlook For EV Sector, Ukraine War

JPMorgan Asset Management strategist Michael Cembalest had previously predicted that President Joe Biden would drop out from this year’s presidential race in his list of “top 10 possible surprises for 2024” published in the company’s Jan. 1 “Eye on the Market Outlook” report. “President Biden withdraws sometime between Super Tuesday and the November election, citing … Read more

The Last Time This Warren Buffett Indicator Reached This High, A Painful Year-Long Bear Market Followed

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Cheap Valuations Prompt Investors Like Warren Buffett to Buy Beauty Stocks Despite Concerns Over Industry Prospects

Warren Buffett’s time-tested stock market valuation indicator reached an all-time high of 200% last week, surpassing a peak of 197% in November 2021. This implies that US stocks may be extremely overvalued. Shortly after the “Buffett Indicator” peaked in November 2021, the stock market entered a bear market. The indicator divides the total market capitalisation … Read more

Nvidia Likely To Announce Surprise Positive Earnings Next Month, Says Goldman Sachs After Meeting Top Company Exec

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Nvidia Likely To Announce Surprise Positive Earnings Next Month, Says Goldman Sachs After Meeting Top Company Exec

According to a Goldman Sachs note this week, Nvidia is prepared to silence critics when it announces Q2 earnings results next month. The outlook emerged after Goldman Sachs met with Nvidia CFO Colette Kress. There are growing concerns that Nvidia’s customers’ profits are insignificant compared to the billions of dollars spent on AI chips. “End-user … Read more

Analysts See Tech Companies Leading the Rally Ahead of Q2 Earnings, Lifts Target Price Over 20% For 3 Tech Stocks

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Analysts See Tech Companies Leading the Rally Ahead of Q2 Earnings, Lifts Target Price Over 20% For 3 Tech Stocks

Wedbush Securities tech analyst Dan Ives has long maintained that today’s tech revolution is unlike anything seen since the 1990s despite the industry facing a slump in 2022. However, the worst year for US stocks since 2008 didn’t change Ives’ optimistic outlook on the tech industry. “The bull market was under the covers; it just … Read more

Amazon Prime Day Investment Challenge: Buy Stocks As Shares Trade 6X Cheaper Valuation Vs. June 2023

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Amazon Prime Day Investment Challenge: Buy Stocks As Shares Trade 6X Cheaper Valuation Vs. June 2023

Amazon Prime Day (July 16 and 17) is set to bring exceptional deals across millions of products with discounts of up to 50% from top brands. While many are expected to spend hundreds, if not thousands, on shopping—an Amazon Prime Day investment challenge has recently gone viral and aims to counter one’s spending and boost … Read more