Ever. Pfizer and allergan coming together in a 160 billion plus deal and shares of both companies are moving down. Allergan the single most favored stock owned by hedge funds. Its up 20 this year. What are the other names the smau socalled mart money likes right now . The smart money moniker depends on performance but in any case allergan was number one according to the quarterly roster that Goldman Sachs puts out based on quarterly filings followed in short order by big gainers like facebook and alphabet and amazon up 37 , 47 , and 127 respectively. It was a period in which hedge funds increased their net exposure to the tech sector to nearly 18 and cut their exposure to health care marginally according to goldman basing their findings on a sample of over 800 fundamentally driven stock funds. The troubled valeant pharmaceuticals, one of the most popular from the Second Quarter list, was actually dropped altogether in the Third Quarter and that, interestingly, was before allegations su
Money than we are with not losing money. Lets go right to it. First off, the Federal Reserve must change the debilitating narrative its adopted after that first rate hike in december. I understand their job is not to keep the stock market higher. Theyre goal is not to prop it up. Its to balance growth versus inflation in many categories. Ben burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanied by a cacophony of fed voices rooting for still higher rates or poohpoohing them. You figure it out, i cant. We have to have some changes here. One, the fed must know its own strength and recognize that when its freezing the Business World and creating tremendous uncertainty because people think, how can that possibly be, how can they know that much . Because they dont. Far better for the fed to say, and i quote, we have put then seen commodity deflation and a slo
Its to balance growth versus inflation in many categories. Ben burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanied by a cacophony of fed voices rooting for still higher rates or poohpoohing them. You figure it out, i cant. We have to have some changes here. One, the fed must know its own strength and recognize that when it talks endlessly about hikes, its freezing the Business World and creating tremendous uncertainty because people think, how can that possibly be, how can they know that much . Because they dont. Far better for the fed to say, and i quote, we have put through an increase and since then seen commodity deflation and a slowdown in wage growth so we must monitor these before we that means we need to get off a timetable and go back to being data dependent. That would in itself cause a tradeable bottom, at least. This change is so important
That our stock market isnt soaring every day on the news that oil is collapsing . Instead, the entire stock market was falling when oil dipped below 30. We only rallied in the Late Afternoon with the dow rising 118 points. S p gaining and nasdaq, 1. 03 . Oil bounced back from its lows and closed down 3 instead of 5 . As investors held out the usual hope, the market is free to enjoy. With oil at 30, pretty much straight down from june of 2014. You would think we would be dancing in the streets. I can recall bull markets based on the cost of fuel. The combination of a reduction in the price of gasoline to under 2 in your heating bill. Family a 1500 tax cut. The government doesnt have to pay for it later. I know as a proprietor of a restaurant and an inn. A restaurant in brooklyn, this decline is a highly variable cost to my business. A major windfall for 2016. Im thrilled. What a terrific bottom line win out of nowhere. Can you paneling what must be the story in every company that must g
S p gaining and nasdaq, 1. 03 . Oil bounced back from its lows and closed down 3 instead of 5 . As investors held out the usual hope, the market is enjoy. With oil at 30, pretty much straight down from june of 2014. You would think we would be dancing in the streets. I can recall bull markets based on the cost of fuel. The combination of a reduction in the price of gasoline to under 2 in your heating bill. It is like giving every Single Family a 1500 tax cut. The government doesnt have to pay for it later. I know as a proprietor of a restaurant and an inn. A restaurant in brooklyn, this decline is a highly variable a major windfall for 2016. Im thrilled. What a terrific bottom line win out of nowhere. Can you paneling what must be the story in every company that must generate power to make things or businesses that manufacture objects out of plastic that are oilbased. Energy is a principle cost for almost company i follow which makes this a fabulous windfall. How the heck is the crash