Tag Archives: bet

Let the games begin: Apple’s big bet on gaming

Alongside the star attractions – three new iPhones and the new Apple Watch – Apple announced the launch date of its gaming service called Apple Arcade. The service was announced earlier this in March and since then there has been a sense of curiosity about how it will be priced. Apple took everyone by surprise when it kept the price ... Read More »

Wall Street banks bet on Federal Reserve increasing interest rates

Big banks aren’t giving up on a rate hike just yet, and their most recent comments reinforce that. Many Wall Street banks are pricing in expectations for an interest rate rise from the Federal Reserve, which would be a shot in the arm for their businesses. Economists see rising optimism from the Federal Open Market Committee, which could lead to ... Read More »

making a bet financials is a fee play: traders

The economic region is one of the worst performing sectors inside the S&P 500 for the last yr, but thosetraders see fee in it. “Oil expenses regarded to have discovered a few kind of a backside; have rallied. The information out of China has been encouraging, and expectancies for a Fed fee hike had been driven lower back a bit ... Read More »

Contrarian Street call: Bet on a weak dollar

While many on Wall Street expect the U.S. dollar to rally even more in 2016, one strategist believes the opposite will occur and drive multinational stocks to outperform. “The notion that the U.S. dollar (USD) will continue to appreciate is a widely held consensus view, based on sound economic theory — interest rate differentials suggest higher rate currency appreciates,” Fundstrat’s ... Read More »

Warren Buffett’s new oil bet nears $1 billion

After three more days of buying, Warren Buffett’s Phillips 66 shopping spree is nearing a billion dollars for the year. In a new filing, Buffett’s Berkshire Hathaway reveals that on Monday, Tuesday and Wednesday of this week the company purchased another 1.7 million shares of the energy giant for almost $132 million. Over 15 days of buying since Jan. 4, ... Read More »

Trader makes a huge bet on energy rebound

Despite the seemingly never-ending saga of low oil, one trader placed a big bet this week that one area of the energy market could soon make a major comeback. Looking at the JPMorgan Alerian MLP ETN, the AMJ, that trader purchased 50,000 of the January 2017 30/40 call spreads for 80 cents each. Since each call option accounts for 100 ... Read More »

Charts say buy gold, bet against stocks

(Editor’s note: With stocks hovering at new lows for 2016 Thursday, we asked Chris Kimble, founder and CEO of Kimble Charting Solutions for his technical analysis of the market.) Charts say buy gold, bet against stocks [“source -pcworld”] Read More »

Looking for where to bet in this wild market?

these are three stocks to bet on, says RBC Capital Markets’ head of global research, Marc Harris. Placing Aramark in its transformative bucket, RBC considers that the food service company is resilient in this tough economic environment and the kind of stock that investors would want to own now. “This is a [earnings-per-share] doubling store over the next couple of ... Read More »