Tuesday, April 20

investment

Why China has much more to lose in a trade war

Why China has much more to lose in a trade war

investment
With investors seemingly undecided about how badly trade tensions with China will hit U.S. markets, CNBC's Jim Cramer wanted to define the issue a bit more for Wall Street. "'Who has more to lose?' People keep asking this question about the trade war with China as though we don't really already know the answer. But we do: the Chinese have more to lose," the "Mad Money" host said Tuesday. How did Cramer come to that conclusion? For him, the answer was simple: while the U.S. economy is mainly focused on consumer spending, the Chinese economy is centered around manufacturing. ...
Jamie Dimon would make a ‘phenomenal president’

Jamie Dimon would make a ‘phenomenal president’

investment
Gary Cohn, the White House's former top economic advisor, said Monday that Jamie Dimon would make a "phenomenal president" days after the J.P. Morgan Chase chief executive said he could beat President Donald Trump in an election. "I think Jamie would make a phenomenal president. I think Jamie would be a spectacular president," Cohn said during a live interview with Reuters. "Look, after having seen the inside of the Oval Office and worked inside there for hours and hours a day, it's in many respects very similar to running a complex, multinational global firm. It really is," he added. ...
It’s key to understand mental investing roadblocks

It’s key to understand mental investing roadblocks

investment
The mental roadblocks humans tend to throw in front of their efforts to make sound decisions have come to be known as "cognitive biases." Cognitive biases are so apparent and so inherent that there's no disputing their existence. Psychological research has identified an array of cognitive biases. Given the foundational level at which these biases exist, they have the capacity to affect practically all decisions, but can have an especially profound impact on financial planning and investment choices. What follows is a look at seven cognitive biases that exert influence over financial decision-making. You likely will recognize each as existing, to one degree or another, within yourself. ...
Parents weigh in on Marco Rubio’s paid family leave

Parents weigh in on Marco Rubio’s paid family leave

investment
"The fact you have to pay it back is unusual," Johnson said. It raises questions about who should share in the cost of raising children. Paid leave should be a benefit provided by employers, says Jennifer Himes, a customer service rep in Pittsburgh . "This is a scam to take your own money out of your retirement fund," she said, "thus lowering the amount of money you will have at retirement." The burden of repayment would fall disproportionately on poorer families and women, says Johnson. Freelance workers will also take a financial hit. "Lots of people are freelancing at things you don't thi...
Tech stocks rally disguises lagging performance of smaller shares 

Tech stocks rally disguises lagging performance of smaller shares 

investment
Come Monday, the tech-heavy Nasdaq will try to kick-off its second positive week in a row. But it's poised to do so without small cap tech and Chinese internet companies. According to veteran market watcher Nicholas Colas, much of Wall Street is mistakenly assuming that the technology sector's big surge is broad-based. "It's largely a large cap phenomenon," the DataTrek Research co-founder said Friday on CNBC's "Trading Nation." The Nasdaq is now up almost 25 percent over the past 52-weeks, while the broader S&P 500 is up 16 percent in that sam...
Kroger is at a ‘key technical juncture’ after worst day in six months

Kroger is at a ‘key technical juncture’ after worst day in six months

investment
Disappointing sales and weak guidance sent Kroger spiraling in its worst daily performance in six months. Its one-day sell-off has its stock at a "key technical juncture," Matt Maley, equity strategist at Miller Tabak, told CNBC's "Trading Nation" on Thursday. Kroger's move above $29.50 in late June marked a break above its old resistance level, says Maley. That level has since acted as support for its stock. "In the spring, it made a nice higher low and then in the summer it made a very nice higher high, and when it made that high, it broke above ...
Hedge fund manager Tepper says stocks could drop 5% to 20% if China trade war worsens

Hedge fund manager Tepper says stocks could drop 5% to 20% if China trade war worsens

investment
Equities could fall sharply U.S.-China trade relations worsen, hedge-fund titan David Tepper warned on Thursday. Tepper told CNBC's "Halftime Report" that stocks could drop 5 percent to 20 percent if trade tensions between the world's two largest economies increase. "We may have to get used to that these tariffs just may be on," he said. "Then, there will be an adjustment in the stock market ... then you move up from there." Tensions between the U.S. and China have been on the rise lately. Last week, President Donald Trump said he was "ready to go" on slapping tariffs on $267 billion in Chinese goods. These tariffs would c...
Here are the hospitals in Hurricane Florence’s path 

Here are the hospitals in Hurricane Florence’s path 

investment
Some of the nation's largest hospital operators have large footprints in the states most heavily threatened by Hurricane Florence, and are bracing for potential disruption from the storm. "We have several hospitals in North Carolina, South Carolina and surrounding states that may potentially be impacted by the storm. Each of these hospitals is operating under its disaster protocol and is in close contact with its Emergency Management Association and other state and local authorities," said Michelle Augusty, a spokeswoman for Lifepoint Health. "LifePoint Health's priority in preparing for Hurricane Florence's landfall is ensuring the safety of our patients, employees and communities...
It’s unclear why the auto sector is as weak as it is

It’s unclear why the auto sector is as weak as it is

investment
While many of the market's semiconductor stocks slid into Tuesday's close, CNBC's Jim Cramer noticed one key player prevail: the stock of Advanced Micro Devices, which has rallied an astounding 192 percent just in 2018. "Many of the semiconductor stocks were down today, but not this one," the "Mad Money" host said. "Why? End markets." A leader in chips — a colloquial term for high-power computer processors — for personal computers, video gaming, data centers and cloud computing, AMD has positioned itself in a number of growth areas under Su's leadership, Cramer said. Read more of his take on AMD here.