Asian stock markets up Monday after Wall Street hit a new high despite prolonged unrest over a possible second wave of coronavirus infections. The Nikkei 225 NIK, + 0.25% in Tokyo added 0.3% and the Hang Seng HSI, + 1.37% in Hong Kong advanced 1.5%. The Shanghai Composite Index rose …
Read More »Market timing when ‘clocks have no hands’ – Warren Buffett’s warning is as relevant now as it was in 2000
“ ‘They know that overhauling the festivities – that is, continuing to speculate in companies that have gigantic values relative to the cash they are likely to generate in the future – will eventually bring pumpkins and mice. However, they hate to miss a single minute of what one Helluva …
Read More »Green-Energy Shares Rise Along With Joe Biden’s Polling
Text size (Photo by Drew Angerer / Getty Images) Getty Images Investors bet that Joe Biden will win the presidential election buying shares for clean energy, sending some companies’ share prices soaring. The WilderHill Clean Energy Index, a compilation of green power companies listed on U.S. exchanges, rose to a …
Read More »Invest in tech indexes, but hedge your bets with fine wind and stamps, says this strategist
“Fine wine and stamps, as well as art and other collectibles, because investors have the correlation for tech business stocks and other asset classes and as such can serve as an effective hedge,” said Paul Cuatrecasas, CEO of Aquaa Partners. REUTERS / Regis Duvignau / Triemfoto regis duvignau / Reuters …
Read More »Gold prices are higher to stop disk, but mark first back-to-back weekly fall since March
Gold futures took a small gain on Friday to stop a third consecutive slide, but the advance of the precious metal for the day was not enough to prevent the first back-to-back weekly declines since the COVID-19 pandemic began in March . Experts say a resurgence in US dollar investors …
Read More »