All else being equal, a trader with poor stock selection and sound risk management will outperform and survive longer than the trader with great stock selection and poor risk management.
Netflix and Intel reported strong results this week as earnings season marches toward the major tech stocks.
JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) reported third-quarter results this week. JPM and C beat estimates across the board, partially because of stock and bond trading.
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.
Royal Caribbean Cruises controls and operates four global cruise brands: Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises and Silversea Cruises. Besides those brands, the company also owns a 50% joint venture interest in the German brand TUI Cruises and a 49% interest in the Spanish brand Pullmantur. Altogether, RCL operate about 60 ships in total.
Business transformation is the sixth of our seven major catalysts for price movement in the stock market. It occurs when a company transitions from an old, weakening model to a new model better suited to the present time. The process often results from changes in technology, but can also involve adapting to more recent customer trends.
An ETF is an open-ended investment fund that is traded on the ASX – just like any share. ETFs aim to closely track the performance of a given index or asset class, so ETF investors can gain exposure to a range of investment strategies, geographic regions and asset classes, often at lower costs than a traditional fund manager. ETFs and can be bought as simply as buying a share on the ASX during the trading day. ETFs are also eligible to be bought inside Self-Managed Super Funds.