For the month of August, the cycle/relative strength concept is applied. : For the month of August, the cycle/relative strength concept is applied. First, the Dow Jones 30 stocks are ranked from the best performer to the worst by calculating the percent of months in which the stock rose in that month. The top 10 were screened as follows. The top ten best traditional performers in August were then screened for relative strength by a unique tool that measures current relative performance by several relevant time periods. Those that pass both screens are buys for the month.
Buy American Airlines and Apple this week. : The cycle support from last week has dissipated. However, the longer-term uptrend remains intact. On Wednesday, the S&P 500 broke out to the upside from short-term formations that project a price that exceeds the prior high. The next stop appears to be in the 3500 area. Seasonality is no longer as favorable and sentiment is less supportive but the trend remains bullish. The net result is likely to be a more gradual rise led by fewer stocks. American Air Line's weekly cycle has hit a low. The cycle tops on September 12th.
XPeng is focused on China's auto market, the world's largest. : China electric vehicle maker XPeng, whose investors include Internet heavyweight Alibaba Group and Beijing smartphone supplier Xiaomi, filed to go public in the United States on Friday. The move comes after the June 30 Nasdaq listing of Li Auto, which raised $1.1 billion and whose shares have soared. They closed down 8.7% on Friday at $16.89, but are still far above their $11.50 IPO price. XPeng aims to list at the New York Stock Exchange under the symbol XPEV.
For Meng, who started as a CIO in January 2019, the real trouble began in February this year. The post Calpers CIO Ben Meng's mysterious exit preceded by months of torment appeared first on DealStreetAsia.
As the coronavirus hit New York City in March, wealthy city-dwellers fled to the Hamptons. Luxury businesses followed them out to the East End -- as did a wave of social backlash. Pitchforks-wielding protesters have descended on billionaires' Hamptons mansions, demanding a wealth tax. The pandemic is magnifying the inequality that has always existed in the Hamptons. Visit Business Insider's homepage for more stories. Former mayor Mike Bloomberg, Martha Stewart, "The Tonight Show's" Jimmy Fallon -- name a high-profile New Yorker with money, and chances are they have a vacation home in the Hamptons.
These 31 dividends are more than just safe. They are likely going up between now and October! : Recently, S&P Dow Jones Indices' Howard Silverblatt put a hard number on 2020's tough dividend decay, writing that second-quarter payouts were whittled down by $42.5 billion during the second quarter. The worst might now be over.
Chinese Electric Vehicle Maker Xpeng Files For Us Listing After Rival Surges, Companies & Markets News & Top Stories - The Straits Times
August 09, 2020 3:58 PMBEIJING (REUTERS) - Chinese electric vehicle (EV) maker Xpeng, backed by Alibaba and Xiaomi, has filed to list its shares in New York, seeking to ride enthusiasm for EVs even as US-China relations are strained.
Former Deputy Prime Minister Professor S Jayakumar heads this year's list of National Day Award recipients. : meREWARDS lets you get coupon deals, and earn cashback when you complete surveys, dine, travel and shop with our partners SINGAPORE: Former Deputy Prime Minister Professor S Jayakumar heads this year's list of National Day Award recipients. Prof Jayakumar, who currently serves as Senior Legal Adviser to the Minister for Foreign Affairs (MFA), was awarded the Order of Temasek (with High Distinction).
Two big pieces of news hit the education market recently, both in the for-profit college sector. read more. : On July 29, Strategic Education Inc (NASDAQ: STRA) bought schools and education programs operating in Australia and New Zealand from Laureate Education Inc (NASDAQ: LAUR) for $643 million in cash. The deal will bring a number of brands and an estimated 19,000 students into the Strategic bundle, which already include the for-profit, nearly entirely online colleges Strayer and Capella. With the acquisition, Strategic will have nearly 110,000 students paying, or getting grants and taking loans, to study with them.