Hear that. You can always hear that. Bob sa pa san any, one week down. What do you think happens in the stock market . A stock market believes the deal will be made in the next several days. Certainly before the punitive october 17th deadline. Take a look at the dow. It wasnt a pretty or magnificent market, but the bottom line is, we ended on the plus side two to one advancing declining stocks. Volume is light. No one is watching volume. Everyone is watching washington right now. Bottom line, smooth and steady as she goes. Watch the tenyear. Its been rock solid around 2. 6 . As long as thats not going crazy, the rest of the market is steady. The vix elevated a little where it was earlier in the week but nothing like back in june. Bottom line, still pretty steady as well. Interest rate sensitive stocks have had a tough time all week. That area is a little rocky. Reits down a little, Home Builders also to the downside. A brand name ipo, the fourth one this week. P potbelly went public, 2
In this article, we discuss long-term returns of Dan Loeb’s activist targets. If you want to see more stocks in this selection, check out Long-Term Returns of Dan Loeb’s 5 Activist Targets. Dan Loeb is one of the most successful hedge fund managers. The Founder of New York-based Third Point LLC, which manages nearly $14 billion […]