Asian markets rise amid lull in global tensions

2020-01-06

Asian markets gained in early trading Tuesday as Middle East tensions remained high, but at least didn’t rise any higher. U.S. Defense Secretary Mark Esper on Monday said U.S. troops are not planning on pulling out of Iraq, despite the release of a draft letter than suggested as much, andRead More →

Tesla stock ‘bull case’ is $500 at Morgan Stanley

2019-12-06

The best-case scenario for Tesla Inc. stock is zooming to $500, an upside of nearly 50% thanks to the Silicon Valley car maker’s Cybertruck and the progress of its China factory. That’s from analysts at Morgan Stanley, led by Adam Jonas, in upping their “bull case” on Tesla TSLA, +2.03%Read More →

Jim Chanos on Tesla: ‘We are still bears’

2019-11-21

A rumor that famed short seller Jim Chanos of Kynikos Associates has covered his shorts on Tesla Inc. is greatly exaggerated. It is, in fact, plain wrong. In an hour-long interview aired Thursday with folks at Hedgeye Risk Management (here’s the webcast), Chanos dispelled the rumor: ‘Tesla is and remainsRead More →

Why a strong dollar could be a warning sign

2019-10-30

With so many conflicting signals about markets, the economy in the U.S. and abroad, the impact of the China-U.S. trade war, and more, what’s an investor to think? Through all the noise, there’s one measure that bears watching. Even investors who don’t trade currencies should pay attention to the strengthRead More →

U.S.-China trade talks ice movement in European stocks

2019-10-10

European stocks struggled for direction on Thursday ahead of high level talks between U.S. and Chinese negotiators as the impact of the trade war hit one major exporter. The Stoxx Europe 600 SXXP, -0.01%  increased 0.04% to 380.45. The German DAX DAX, +0.21%  increased 0.27% to 12126.46, the French CACRead More →