The SPDR Industrial ETF (XLI) set a new all-time closing high on Friday, while the SPDR Technology ETF (XLK) slid for a third straight week. The divergence follows a new trend of investors shifting toward value stocks that can withstand higher interest rates. They’re also looking for companies that can benefit from faster gross domestic product.
According to the Australian Trade and Investment Commission, the Asian region accounted for 62% of Australia’s two-way trade last year.
Uber, the ride-sharing giant finally filed for its long-awaited IPO. Highlights Monthly active users reached 91 million. Average user takes 5.5 trips in a month.… 阅读更多 »The ride-sharing giant, Uber finally filed for its long-awaited IPO
Buffet is known as a pioneer of the value investing approach to identify investment opportunities. This methodology involves reading through financial statements in order to identify cases where the market has mispriced stocks. Value investors actively seek out the stocks they believe the market has undervalued, and investors who use this strategy think the market may have overreacted to either good or bad news, which results in stock price movements that may not necessarily correspond to a company’s long-term fundamentals.