This gaming company could become your most profitable short to date.
He’s a fan of FAN and says the Fed is the reason.
Stifel Nicolaus analysts made headlines when they recently downgraded Twitter, noting that they were returning their rating to “where it should have been all along – Sell.” Other analysts are piling on.
Last Thursday, GoPro stock jumped 11.49% in a single session on rumors that Apple may buy the beleaguered tech darling, leading millions of investors to wonder if they should jump on the bandwagon, too.
Wal-Mart stock lost $18 billion in value this Wednesday after management revealed the company may take up to a 12% earnings hit in 2017.
But the real story here has nothing to do with Wal-Mart itself.
The EU refugee crisis is considerably more dangerous than a potential Fed rate hike and much more worrisome than China’s economic train wreck. This is a truly global situation, the seriousness of which is unparalleled in modern times.
ETFs area just another way for Wall Street to separate investors from their money…
Conventional wisdom at the moment says that China’s coming unglued and that the country’s stock markets pose a grave danger to global investors. It’s communist, it’s a Ponzi scheme, it’s ruled by insiders, it’s leveraged up to its eyeballs, ghost cities… all the usual tired old arguments are being rolled out as if they’re somehow new again.