“ “We’re in a boom-and-bust cycle, an epic, monumental boom-bust cycle and this is really what a strategy like Universa’s is here for.” ” – Mark Spitznagel Mark Spitznagel, founder of Universa Investments, told CNBC during a Monday interview why he thinks market participants should apply a modicum of caution …
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COVID-19 is still raging, traders are starting to bet on “hornworms around the election,” and the US and China could not even agree on planning a scheduled meeting over the weekend. None of this is, of course, significant to the stock market. Goldman Sachs became the latest company to increase …
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The S&P 500 index is crawling to the brink of a rare barrage, and persistent uncertainties created by the COVID-19 pandemic in its rise. Although the most important benchmark of the stock in the world is likely to have climbed to a record, the rally has been postponed by the …
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Analysts at BofA Securities and Morgan Stanley upgraded their ratings on Tesla Inc. shares on Friday, tinning the ranks of Tesla bears and increasing the stock to another record. Tesla TSLA, + 1.98% stock is on Friday for another very high, and has almost doubled in price this year. Earlier …
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After Tesla and Apple announced plans to share their shares within weeks of each other, there has been a growing buzz that more companies with triple and square digits stock prices will follow in their footsteps. “Everyone is talking about it,” Howard Silverblatt, senior index analyst at S&P Dow Jones …
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