• Breaking News

    Wednesday, June 27, 2018

    Stock Market - Trump Decides Against Harshest Measures on China Investments

    Stock Market - Trump Decides Against Harshest Measures on China Investments


    Trump Decides Against Harshest Measures on China Investments

    Posted: 27 Jun 2018 07:31 AM PDT

    https://www.bloomberg.com/news/articles/2018-06-27/trump-seeks-to-bolster-government-panel-to-curb-china-investment

    The White House opted to take a less confrontational approach toward Chinese investments in the U.S. as it pushes Congress to strengthen an existing review process rather than invoke a little-used law reserved for economic emergencies.

    President Donald Trump wants Congress to pass legislation to bolster the Committee on Foreign Investment in the U.S., or CFIUS, so it can prevent companies from violating intellectual-property rights of American companies, two administration officials said Wednesday, speaking to reporters on the condition of anonymity.

    The administration decided not to employ the International Emergency Economic Powers Act of 1977 that would give the president broad authority to curb Chinese investments in the country.

    The decision comes amid White House allegations that China engages in widespread theft of intellectual property. The inter-agency CFIUS panel, if bolstered by Congress, can address those concerns while maintaining an open investment climate, one of the administration officials said.

    Trump's choice shows that he is favoring a more measured strategy that requires coordination with Congress, rather than working solely through the executive branch. It's also a win for proponents of conciliatory tone in negotiations with China such as Treasury Secretary Steven Mnuchin, who told reporters on Wednesday that moves to strengthen CFIUS aren't intended to single out Beijing.

    "This is not intended to target China," Mnuchin said. "It's fair to say that certain countries will get a heightened review; I don't think we need a list of special countries."

    CFIUS legislation passed in the House would expand investigations by the panel to include minority investments in "critical technology" or "critical infrastructure" and joint ventures where technology companies contribute intellectual property. While CFIUS reviews are technically voluntary, the bill would require foreign investors that are at least 25 percent owned by foreign governments to go through CFIUS when they are acquiring at least a 25 percent stake in a U.S. business.

    Read more from QuickTake on CFIUS

    The Treasury Department has been closely involved in drafting the legislation, and Congress secured the administration's full support before proposing it.

    Mnuchin on Wednesday increased pressure on Congress to approve the Foreign Investment Risk Review Modernization Act, or FIRRMA, saying lawmakers must act fast.

    "Should Congress fail to pass strong FIRRMA legislation that better protects the crown jewels of American technology and intellectual property from transfers and acquisitions that threaten our national security -- and future economic prosperity -- I will direct my Administration to deploy new tools, developed under existing authorities, that will do so globally," Trump said in a statement.

    Only five takeovers of American firms have been blocked by U.S. presidents on national security grounds since 1990. Trump has used the tool more frequently than past administrations.

    "This is a positive development. It avoids use of emergency powers, which would have created a new ad hoc and highly uncertain framework," said Robert Kahn, a professor at American University who previously worked at the World Bank and International Monetary Fund. "The new congressional legislation strengthening CFIUS could still have a chilling effect on Chinese investment depending on how it is implemented."

    submitted by /u/OptionsGeek
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    How much will Walgreens Boots Alliance profit grow?

    Posted: 27 Jun 2018 04:00 PM PDT

    WBA is trading at 66.75, up 0.35% from yesterday.

    Top-line growth is the metric that makes Walgreens look good now. The company's revenue of $124 billion over a last 12 months is formidable, and the 12% spike in sales last quarter looks fantastic.

    What are the WBA earnings expectations? How do you think?

    https://www.finstead.com/bite/Walgreens-Boots-Alliance-WBA-earnings-preview-June-27-2018

    submitted by /u/BitBitWin
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    Morning Global Highlights

    Posted: 27 Jun 2018 04:15 AM PDT

    • Asia stocks finished lower with the China stocks sharply lower across the board: HSI -1.82% CSI -2.03% NKY -0.31%, NFTY -0.91% and the ASX -0.03%
    • The USD/CNY has strengthened significantly as US – China trade discussions remain unresolved. USD/CNY at highest levels since December 2017. China's President Xi warned provinces to be prepared for a full-scale trade war & country will seek to reduce holdings of US Treasuries
    • Global appetite for risk is reduced as bonds are higher globally. The biggest moves are in Europe's periphery region with Italian, Spanish and Portuguese bonds rallying the most
    submitted by /u/QuantalyticsResearch
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    how ppl spot superyields in smallcap

    Posted: 27 Jun 2018 07:33 PM PDT

    can somebody explain me how people spot those stocks that made in a day for example 500% (today was dfbg), like the ones that appear in trending on stocktwits? Thanks im new into this

    submitted by /u/supared
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    Please help me , I want to start early.

    Posted: 27 Jun 2018 07:02 PM PDT

    I'm not extremely poor but I would consider myself lower middle class . I'm a teenager that wants to start to make my life better for the future so I want to start investing. I don't have much , I just started working and have saved about 200$ to spend on my plan . If anyone has any advice on what I should do I would gladly appreciate the advice. Thank you 😊 .

    submitted by /u/GnesjtJrabn
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    Major GDP Number Expected!

    Posted: 27 Jun 2018 05:48 PM PDT

    Do you think the markets will be up based on the expected "big" GDP numbers to be reported?

    WIll it be over 4%????

    https://www.cnbc.com/2018/06/27/treasury-secretary-mnuchin-says-hes-expecting-a-big-gdp-number.html

    submitted by /u/ScottishTrader
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    What’s the best way to begin trading stocks and understanding it fully as a beginner.

    Posted: 27 Jun 2018 05:46 PM PDT

    mind you i'm only 16 so i'd have to get a parent to open up a account and set it all up.

    submitted by /u/BarredOutKitKit
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    What are you comparing TWLO to?

    Posted: 27 Jun 2018 12:29 PM PDT

    Do you see FANGs or others bringing what they do in house? Amazon stepping into their business? Can anyone share experience with the Flex product, and how it might disrupt the call center market? Analysts are targeting $70. What happened today? Thanks for your help understanding the latest about Twilio!

    submitted by /u/sfgrrl
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    pennystonks for free gains tmrw

    Posted: 27 Jun 2018 07:11 PM PDT

    Thoughts on A Few Marijuana Stocks?

    Posted: 27 Jun 2018 07:57 AM PDT

    As usual I'm looking in the bargain bin for some trade ideas. I see that even with GWPH's news, stocks in the marijuana sector are underperforming their previous trend and I like that right now. So with that I'm watching a few stocks and wondered what else people are watching. Two I got from an article https://medium.com/stock-market-source/are-you-watching-these-2-marijuana-stocks-right-now-8279b1d6d908 and I'm actually in both of them so it's a bit more reassuring. Other than those two, I'm also tracking CRON, CGC, TGODF, and EMMBF

    submitted by /u/jameson62
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    Why is square tanking so much and should I keep it?

    Posted: 27 Jun 2018 01:05 PM PDT

    Bought square at $67.25 last Friday and lost $700 dollars by today. Very disappointed and confused on whether to hold on to it or take the loss.

    submitted by /u/LifeIsReallyHard55
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    What Do You Look for in an Investment?

    Posted: 27 Jun 2018 06:54 AM PDT

    I am big fundamentals investor. I only see stocks as businesses and invest like so.

    I look for 4 big things when assessing an investment. 1) The ability to understand the business 2) Wonderful managers 3) Constantly high roe and low debt and 4) a purchase price well below intrinsic value.

    How about you? What do you look for?

    submitted by /u/sisumoney
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    This is probably beating a dead horse, but, what is the volume (%) of your tesla bull in anticipation of Elons announcment?

    Posted: 27 Jun 2018 11:48 AM PDT

    Finding all stocks in one industry

    Posted: 27 Jun 2018 07:25 AM PDT

    Anywhere I can find a list of all the public stock tickers from one industry?

    submitted by /u/mrgoobmanager
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    Recommend a stock/ETF alert service?

    Posted: 27 Jun 2018 09:41 AM PDT

    Can anyone recommend a website or iOS app that will alert me when there is news about a particular stock or ETF? Thanks.

    submitted by /u/robertlf
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    Not able to understand how options are valued?

    Posted: 27 Jun 2018 03:12 AM PDT

    I understand how in/out of the money and contract expiration date affects options but I would like to understand them fully. What book would you recommend for that?

    submitted by /u/greenback_litquid
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    Stock Indices and Index Fund Investing Explained - Video for Beginners

    Posted: 27 Jun 2018 06:19 AM PDT

    For anyone looking to better understand how indices/index fund investing works:

    https://www.youtube.com/watch?v=5A4lp_oZ5zg

    submitted by /u/ABagelThatIsPlain
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    Brent - WTI Normalizing

    Posted: 27 Jun 2018 04:17 AM PDT

    The Brent – WTI spread has normalized back to historical avgs. Currently @ USD$5.68, down from the recent high of USD$11.43 last month. How are you playing this reversion back to the mean?

    submitted by /u/QuantalyticsResearch
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    Fundamental Research Corp. Analysts Commence Coverage Of RESAAS Services Inc. (OTC:RSASF), (TSX.V:RSS)

    Posted: 27 Jun 2018 01:01 AM PDT

    The Fundamental Research analysts noted that REESAS Services is a disruptive force in the real estate market because it has multiple solutions that are aimed enhance the performance of real estate brokerage firms, boosting the rate at which deals are happening and also improving the top-lines and bottom-lines of the firms in the industry.

    submitted by /u/TrueInvestor
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    Is it roughly accurate to calculate the float (shares outstanding) of a stock by dividing market cap by share price?

    Posted: 26 Jun 2018 11:19 PM PDT

    CMG HOLDINGS GROUP INC. SEC FILINGS

    Posted: 26 Jun 2018 08:48 PM PDT

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