Investing Strategies

Online Sales Declined on Black Friday and Cyber Monday for First Time

Frank Holmes | |

Online sales during 2021’s Black Friday and Cyber Monday shopping holidays ended up being slightly less than those of the previous year, representing the first time such a decrease has been recorded. Americans shelled out $8.9 billion on Black Friday deals and $10.7 billion on Cyber Monday specials, compared to $9 billion and $10.8 billion in 2020, according to Adobe Analytics.

Vaccine Stocks Soar Amid Omicron-Related Volatility

Reuters | |

The emergence of a worrisome coronavirus variant is benefiting shares of vaccine makers Moderna Inc (MRNA), BioNTech (BNTX) and Pfizer (PFE) as investors search for winning bets in markets roiled by uncertainty in recent days.

Moderna shares have jumped 28% since last week when the variant, named Omicron, triggered global alarm. Shares of vaccine partners Pfizer and BioNtech have also climbed over that time, with Pfizer up 6% and U.S. shares of BioNTech jumping 15%, in contrast to a decline in the S&P 500 of 2.5%.

The Variant and Volatility

Tradier | |

On the day after the Thanksgiving holiday in the US, news that another COVID-19 variant is emerging from South Africa roiled markets across all asset classes.

Dismiss Gold at Your Peril

Frank Holmes | |

Back in December 1997, the Financial Times ran a now-infamous article titled “Death of Gold.”

In it, the author Kenneth Gooding claimed that as an investment, “Gold is a goner.” He said the crises of the previous 10 years — the 1987 stock market crash, the Gulf War, Asia’s financial meltdown — had not resulted in higher demand, as one might expect. Gold was now a “mere metal” and a “bad investment,” Gooding concluded.

Robinhood Reveals Hacker Theft of 7 Million Customer Names, Email Addresses

Kimberly Redmond | |

Online stock trading platform Robinhood Markets Inc (HOOD) disclosed Monday evening that hackers made off with personal information of its more than 7 million users last week in a major security breach.

According to Robinhood, hackers stole email addresses of about 5 million customers and the full names of another 2 million.

Shipping Bottlenecks Could Last Well Into 2022 — Why That’s Good News For Investors

Frank Holmes | |

You’ve probably heard this already, but if you haven’t started your Christmas shopping, it might be a good idea to do so as soon as possible. Shipping bottlenecks are expected to persist well into 2022, driven by slow capacity growth, a shortage of containers and truckers and the ongoing semiconductor chip crunch, which has limited new truck production for last mile delivery.

These “perfect storm” disruptions have created numerous headaches for shipping and logistics companies. But as is often the case, bad news is good news, especially for investors who have seen shares of container lines surge in the 18 months since the pandemic began.

Growth Stocks Versus Value Stocks: The Flip Flop

Robert Zuccaro | |

Value stocks jumped to the fore in the stock market during the first two months of this year as the Russell 1000 Value ETF had outdistanced the Russell 1000 Growth ETF. Numerous observers, along with several brokerages, jumped on the value bandwagon and argued that value stocks would enjoy a long run after substantially underperforming growth stocks over the past 10 years. During 2010 to 2020, the Russell Growth ETF handily beat the Russell Value ETF with a cumulative return of 380%, compared to 166%.

T. Rowe Price To Acquire Oak Hill Advisors for $4.2 Billion

Kimberly Redmond | |

T. Rowe Price Group Inc plans to acquire credit manager Oak Hill Advisors for $4.2 billion, marking its first big expansion into private markets as part of a bid to grow beyond its mutual fund retirement business.

On Thursday, the Baltimore-based money management firm said it will pay cash and stock to acquire 100% of the equity of Oak Hill, which, as of July 31, has $53 billion of capital under management.

Sustainable Shoe Maker Allbirds Seeks IPO Valuation North of $2 Billion

Kimberly Redmond | |

Sustainable shoe brand Allbirds Inc is eyeing a valuation exceeding $2 billion in its US initial public offering (IPO).In its amended Form S-1 filed Monday, the company said it is offering about 19.23 million shares priced between $12 and $14 apiece. At the high end of that range, Allbirds would fetch gross proceeds of over $269 million.

Paul Tudor Jones Calls Inflation 'Single Biggest Threat' to Financial Markets

Kimberly Redmond | |

Billionaire hedge fund manager​ Paul Tudor Jones believes inflation will not be going away anytime soon, posing a big threat to the US markets and economy. ​ 

During an appearance Wednesday on CNBC’s “Squawk Box,” Tudor Jones said, “I think to me, the number one issue facing Main Street investors is inflation, and it’s pretty clear to me that inflation is not transitory. It’s probably the single biggest threat to certainly fina...

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