New ETF gears up to attract hesitant investors

New ETF gears up to attract hesitant investors

Risk-averse investors have a new option to make safer bets on Tesla. Innovator ETFs launched the Innovator Hedged TSLA Strategy ETF (TSLH) – among other defined outcome products – last month. According to the ETF’s CEO Bruce Bond, it gives investors exposure to the stock while largely steering clear of volatility and valuation risks by … Read more

Inflation could push Fed into August rate hike

Inflation could push Fed into August rate hike

CNBC’s Jim Cramer on Monday said the Federal Reserve could raise interest rates in August, before its next scheduled meeting in September, if this week’s economic data shows that inflation isn’t abating. “The Fed is still in charge of this market. A week ago, it looked like they might ease up, but after Friday’s red-hot … Read more

Warren Buffett’s stock shopping spree slows down even during market’s big pullback. Here’s why

Warren Buffett’s stock shopping spree slows down even during market’s big pullback.  Here’s why

Warren Buffett’s stock-buying spree slowed down drastically in the second quarter even during the market’s big correction, and analysts said the “Oracle of Omaha” could be preserving capital for other uses. Berkshire Hathaway’s net stock purchase fell to $3.8 billion in the second quarter, compared with more than $41 billion in the first quarter, the … Read more

Goldman Sachs says buy this biopharma stock that’s poised to rally nearly 40% from here

Goldman Sachs says buy this biopharma stock that’s poised to rally nearly 40% from here

Goldman Sachs says it’s time for investors to put their money in Rhythm Pharmaceuticals as its shares can rally nearly 40% with success trials of its obesity medicine. “We believe that the outlook for Imcivree was transformed by initial [phase 2] data in patients with Hypothalamic Obesity (HO), which points to a high probability of … Read more

Lithium is key to an electric future, boosting Albemarle’s results

Lithium is key to an electric future, boosting Albemarle’s results

The most ambitious climate bill in US history cleared a key hurdle on Saturday, but one lithium executive said the single biggest catalyst for the critical materials industry would be an overhaul of the country’s permitting practices. The bill, which the Senate voted to advance on Saturday evening, includes $369 billion for climate initiatives. For … Read more

Most of Warren Buffett’s equity portfolio is tied up in just 5 stocks. Here’s what they are

Most of Warren Buffett’s equity portfolio is tied up in just 5 stocks.  Here’s what they are

Warren Buffett’s Berkshire Hathaway just revealed that about 70% of its equity portfolio was concentrated up in just five names. Here’s a look at these high-conviction bets from the legendary investor. While the conglomerate enjoyed a big rebound in operating earnings, it did post a $53 billion loss on its investments during the second quarter … Read more

How to position as bull market beckons

How to position as bull market beckons

Asset manager Dan Veru believes US stocks could go through a sustained dip, before embarking on a “powerful rally” by the end of the year. A broad-based rally in US stocks in July had raised hopes of a sustained rebound for equity markets. Speaking on CNBC “Squawk Box Europe” ahead of the start of Monday’s … Read more

Charts suggest now is the perfect time to buy gold, Jim Cramer says

Charts suggest now is the perfect time to buy gold, Jim Cramer says

CNBC’s Jim Cramer on Wednesday told investors that gold is poised to rally, making now an optimal time for investors to pounce. “The charts, as interpreted by the legendary Larry Williams, suggest that the general public’s giving up on gold en masse and he thinks that that makes it the perfect entry time to do … Read more

Bank of England set for biggest rate hike in 27 years as inflation soars

Bank of England set for biggest rate hike in 27 years as inflation soars

LONDON, February 03: Governor of the Bank of England Andrew Bailey leaves after a press conference at Bank of England on February 3, 2022 in London, England. The Bank is expected to hike interest rates for a fifth consecutive meeting on Thursday, but faces a tough balancing act between supporting growth and curbing inflation. Dan … Read more

Here are the top defensive plays from heavy-hitter investors as recession fears grow

Here are the top defensive plays from heavy-hitter investors as recession fears grow

Fears of a recession intensified even more after data showed the economy shrank for a second straight quarter, making a strong case for defensive stocks for investors worried about slowing growth. GDP fell at a 0.9% annualized rate in the second quarter after a 1.6% decline in the first three months of the year, hitting … Read more