One of the most profitable and closely-guarded secrets on Wall Street is hedge fundRenaissance Technologies’ Medallion Fund. The Medallion Fund has averaged at least a 27.3 percent annual gain every single year since 2000.
Donald Trump’s energy plan may not actually include independence from Saudi oil. According to Reuters analyst John Kemp, Trump’s promise to restrict Saudi oil imports is an “empty threat.”
Salesforce.com, inc. CRM 0.3% followed up a disappointing Q2 earnings report with a much-needed strong performance in Q3. Shares are up 3.5 percent following the news, and Deutsche Bank analyst Karl Keirstead is bullish on the stock.
Railroad companies Kansas City Southern KSU 0.37% and Union Pacific Corporation UNP 0.7% could have a lot on the line if Donald Trump follows through on his protectionist campaign promises. While most analysts have focused on Kansas City Southern due to its exposure to Mexico, Loop Capital analyst Rick Paterson says Mexico is critical to…
The market may not be buying Gap Inc GPS 2.33%’s Q3 earningsreport, but Jefferies is. Analyst Randal Konic has reiterated the firm’s Buy rating on the stock following a 15.2 percent Friday selloff.
Marijuana scored huge victories in eight out of nine states on Election Day. California, Nevada, Massachusetts, Maine, Florida, North Dakota, Arkansas and Montana all legalized medial and/or recreational marijuana use.
Bank stocks have been on quite a run since Election Day, but further upside may now be limited.
The incredible post-election spikes in a group of shipping stocks led by DryShips Inc. DRYS 8.82% has resulted in daily financial media discussions about the Baltic Dry Index. However, many traders that don’t trade shipping stocks may not be familiar with what exactly the Baltic Dry Index (BDI) is and why it matters so much…
Two terms often tossed around within the investing community are “alpha” and “beta.” While metrics such as price-to-earnings ratio and tangible book value per share are relatively self-explanatory, alpha and beta can seem very mysterious to new traders.
Following the surprising election of Donald Trump as the next U.S. president — and the market’s stunning rally in response — it’s looking increasingly likely that the Federal Reserve will begin raising interest rates again starting in December.