32% Gain In 11 Weeks Starts Now?
What are the odds that a boring consumer stock is about to skyrocket? It’s hard to predict major moves in advance unless you have an edge or an insight. And that’s precisely what the historical chart pattern of Ollie’s Bargain Outlet Holdings stock shows.
You see over the next 3 months, Ollie’s has historically gone on a tear, » Read more about: 32% Gain In 11 Weeks Starts Now? »
Read MoreBuffett Wins the Hare vs Tortoise Race, Again
ARK Invest (ARKK) was a darling of Wall Street for several years. It focused on disruptive technologies and its promise to outperform the market attracted enormous interest. Then interest rates rose and growth stocks fell out of favor. Since then, Berkshire Hathaway (BRK.A)(BRK.B) has been slowly but surely overtaking ARK Invest,
» Read more about: Buffett Wins the Hare vs Tortoise Race, Again »
Read MoreBillionaire With Perfect Track Record Bets Big On…
Each investor has their reasons for investing in select stocks. While some invest based on technicals, fundamental research, or macroeconomic factors, others focus on “shadow investing”. With this strategy, you follow in the footsteps of expert, high-net-worth investors — like Stanley Druckenmiller.
After three decades as a successful hedge fund manager,
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Read MoreShocking Turnabout, Buffett Bets $4 Billion on NEW Tech Stock
When Bill Gates met Warren Buffett for the first time, Gates tried to convince the Sage of Omaha of the merits of investing in technology. As the story goes, Buffett would re-direct the conversation towards everyday consumer habits, like chewing gum and eating ice-cream. Those behaviors would continue, in Buffett’s view, and so those businesses would be good ones for the long-term.
» Read more about: Shocking Turnabout, Buffett Bets $4 Billion on NEW Tech Stock »
Read MoreSmart Money Pours Into ONE Forgotten Stock
If following smart money translates to making money, now might well be the time for one company to start bouncing substantially. That’s because not only is one big money investor snapping up shares but a whole plethora of them are, and they are doing so collectively for the first time in about 3 years.
The stock in question is payments leaders,
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Read MoreThe Burst
Market Commentary: Little-known Dutch Stock Is Soaring
Some stocks just don’t get a lot of notoriety but they deserve the plaudits. In the United States if you were to ask someone to name a digital payment processor, you would likely hear the names Square or Stripe, but the odds are Adyen wouldn’t rank highly in a poll.
It’s with good reason that the Dutch firm flies under-the-radar.
» Read more about: Market Commentary: Little-known Dutch Stock Is Soaring »
Read MoreThe Spotlight
Billionaire Bets Big On This Energy Stock
Billionaire Stanley Druckenmiller is renowned for his investing prowess, and he’s made some savvy calls over the years. So it was worth paying attention when his family office picked up just over a million shares of Cenovus Energy Inc. (NYSE:CVE).
Why would Druckenmiller might be interested in this Canadian oil producer and does it makes sense for investors to follow his lead?
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Read MoreThe Daily
Stock market today: World shares are mixed, with China benchmarks higher despite tariff talk
In Asian trading, Tokyo’s Nikkei index fell 0.8% to 38,134.97 as the Japanese yen surged in value against the U.S. dollar. The dollar fell to 151.42 yen from 153.08 yen. It had traded above 155 yen recently, but uncertainty over the future course of U.S. trade policy has led investors to buy yen as a safe haven,