Tag: trading

On Monday, China announced that the Chinese economy grew 6.6 percent in 2018, which was the slowest pace since 1990. Also, Chinese President Xi Jinping said the country needed to be on guard for “black swan” events, while also preventing “grey rhino” events.

A black swan event is an unforeseen occurrence that has dire consequences whereas a grey rhino is an obvious threat that is ignored.

“The grey rhino is very clear, it’s the high level of debt in the whole economy from the government, the local government, and to the privately-owned enterprises 

On Tuesday, IMF Managing Director Christine Lagarde said the IMF cut

Xilinix, Teradyne, Lam Research and Texas Instruments all beat earnings expectations in their reports on Wednesday, sending the chip sector higher by the end of the day.  The only outlier was Qualcomm which was negative on the day.

Kerrisdale Capital, is shorting Qualcomm shares and released a research report stating that Qualcomm is “teetering on the brink of disaster” and that its unique business model is “living on borrowed time.”

The FTC sued Qualcomm for violated FRAND {fair, reasonable, and non-discriminatory} rules, which states that companies that become members of the rule structure must license their products to competitors.

Apple filed a lawsuit

JetBlue Airways Corporation, a passenger carrier company based in New York, with 101 destinations in 30 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 21 countries in the Caribbean and Latin America.

JetBlue Airways
Corporation (JBLU) is scheduled to report fourth-quarter 2018 earnings results
on in the morning before market opens. Analysts expect the company to report
earnings of $0.40 per share, a 25% growth year-over-year. Revenue is expected
to grow 11% year-over-year to $1.96 billion.

In the third quarter, earnings topped estimates, revenues was in line with estimates, but higher costs weighed on

Contrarian investing is an investment style in which investors go against prevailing market trends by selling when the crowd is are buying and vice versa. A contrarian investor believes that certain crowd behavior among investors can lead to exploitable mis-pricings in the markets.

The bull/bear ratio indicates overall investor sentiment in the market by comparing the number of bullish and bearish investors. The ratio is a contrarian indicator in that a bull/bear ratio > 1 indicates conditions are too bullish and you should take a bearish stance and a bull/bear ratio less < 1 indicates conditions are too bearish and you