Stocks are sending a sell signal. So says widely followed strategist Sven Henrich, founder and lead market strategist at NorthmanTrader, who told CNBC’s “Fast Money” on Thursday that one S&P 500 chart is showing the market heading for a major drop. Many market watchers have taken notice of the technical “megaphone” pattern the S&P has
Shares of Nissan, Honda, Fiat Chrysler, and Daimler are trading at deep discount to their book value, and are paying hefty dividends. Nissan Motor’s shares, for instance, are trading 51% below their book value, paying 8.6% dividend. Daimler’s shares trade at an even larger discount, 68%, paying 6.8% dividend—see table. Company Recent price Book value
A beach home on the west end of Dauphin Island, Alabama in the Gulf of Mexico is left pieces in the wake of Hurricane Katrina Thursday, September 1, 2005. Photographer: Kari Goodnough/Bloomberg News BLOOMBERG NEWS Hurricane Dorian made landfall in the Bahamas over the weekend. The category 5 storm has been called the strongest storm to
One of the biggest trends in the residential real estate industry in recent years has been the introduction of the so-called “iBuyer” companies like Opendoor, OfferPad and Zillow Offers that buy houses directly from homeowners and then resell the houses. Phoenix is ground zero for the iBuyer explosion. The two largest iBuyer companies, Opendoor and
Factory workers at TNG Dai Tu Factory in Thai Nguyen Province, Vietnam work on brand name garments like Nike, Adidas and Converse. Justin Solomon | CNBC It’s crucial for businesses to be flexible and to hedge one’s bets amid the protracted and unpredictable trade war, according to a Hong Kong-based garment maker. For Lever Style, it