DIRS.INFO The most relevant business & tech news

☆ Rallies this year are following a distinct pattern — and so this one may have a little further to run
▼ + stars: | 2022-11-11 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

But Nicholas Colas, co-founder of DataTrek Research, pointed out that the rally also came amid a falling level of market fear as gauged by the CBOE Volatility Index . "Our standing advice is the same: keep watching the CBOE VIX Index." The VIX closed Thursday at 23.5, just above its long-run average of 20 after peaking near 34 in early October. "By this measure, the current rally has some room to run. Being up +5 percent [Thursday] doesn't tell us that; the VIX as a measure of investor uncertainty does."

American basketball player Brittney Griner, jailed in Russia in what the United States calls a wrongful detention, is being moved to a penal colony, her attorneys said Wednesday. “Every minute that Brittney Griner must endure wrongful detention in Russia is a minute too long,” Jean-Pierre said in a statement Wednesday. Griner pleaded guilty in July, but said that she'd packed hurriedly for a flight and brought the canisters to Russia unintentionally. Griner treated injuries with medical cannabis, her attorneys argued at the trial. She had been in Russia to play with a Russian Premier League women’s team, UMMC Ekaterinburg, which she has done since 2014.

WASHINGTON, Nov 9 (Reuters) - U.S. basketball star Brittney Griner was transferred last week from a detention center outside the Russian capital and is on her way to a penal colony, her legal team said on Wednesday. She was sentenced on Aug. 4 to nine years in a penal colony on charges of possessing and smuggling drugs. Griner had pleaded guilty but said she had made an "honest mistake" and had not meant to break the law. The souring of ties between Russia and the West has complicated the talks to secure Griner's release. Biden's national security adviser Jake Sullivan, in an earlier statement, described Griner's conditions as "intolerable" and the trial she had to go through as "another sham judicial proceeding."

☆ Brittney Griner begins transfer to Russian penal colony, attorneys say
▼ + stars: | 2022-11-09 | by ( Abphillip Rhea Mogul | Rhea Mogul | ) edition.cnn.com time to read: +2 min

CNN —US women’s basketball star Brittney Griner is in the process of being moved to a Russian penal colony where she is due to serve the remainder of a nine-year drug smuggling sentence that was upheld in late October. Griner “is now on her way to a penal colony,” her attorneys said in a statement to CNN Wednesday. “We do not have any information on her exact current location or her final destination,” said attorneys Maria Blagovolina and Alexander Boykov. “In accordance with the standard Russian procedure, the attorneys, as well as the US Embassy, should be notified upon her arrival at her destination. Last month, Griner lost her appeal against a nine-year drug sentence.

☆ There are more signs that a revaluation of growth stocks is underway
▼ + stars: | 2022-10-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

It is the value player's dream: A revaluation of growth stocks. As a result, money in October has been moving into financials, materials, industrials, energy and even small caps. Investors have noticed this deceleration in earnings for growth sectors and have been buying classic "value" sectors like energy, industrials and health care this month. Third-quarter arnings growth for tech names is down a modest 1.2% and is only projected down 3.3% for the fourth quarter. Krinsky wasn't alone in his caution about earnings estimates.

☆ Is Exxon the new 'FANG'? The value rotation is starting to look more real
▼ + stars: | 2022-10-28 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

Value buyers have been waiting for a sustainable rally for so long, many have moved on to other quests. "Exxon is the new FANG," has been a quip on trading desks for the past few weeks. As the year has gone on, the direction of earnings growth has decelerated for big-cap tech — in some cases dramatically. "2022's pandemic era earnings growth rates are proving to be unsustainable, so markets are revising their estimate of fair value for these stocks," he said. True, all are seeing earnings growth, just not as fast as expected a couple years ago.

That the WNBA star, who lost her appeal Tuesday, is a gay Black woman could add unknown variables to a penal system that is known to be remote and harrowing. “Conditions in prisons and detention centers varied but were often harsh and life threatening,” a 2021 State Department report on Russian human rights abuses said. “Russian prisons are grim, even relative to prisons in other countries. Prisoners were used for farming, mining or logging in sparsely populated areas of the country or worked in sweatshop conditions. It can often take weeks for prisoners to arrive at the prisons on prison trucks and specially designed train carriages called Stolypins.

☆ There's still a bull case for the stock market even as inflation runs hot and rates rise
▼ + stars: | 2022-10-20 | by ( Carla Mozée | ) www.businessinsider.com time to read: +5 min

Today we're also looking at one firm's view that there's still a bull case to be made for stocks, but its sitting on increasingly shaky ground. The upside case for stocks rests largely on two things: inflation and rates. DataTrek Research co-founder Nicholas Colas told clients this week that investors could propel stocks up heading into 2023. "TIPS and Fed Funds Futures prices do currently support the idea that in six months inflation will be dropping and Fed policy will be moving into neutral," Colas said. Individual investors have reduced net purchases of stocks in recent days following the September inflation shock.

☆ The bull case for stocks is still alive, but it's on increasingly shaky ground, DataTrek says
▼ + stars: | 2022-10-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

There is still a bull case that suggests further upside for the stock market, according to DataTrek. The upside case hinges on inflation and rates decelerating considerably over the next six months. The bull case for stocks would only get stronger if analysts' corporate earnings estimates stop moving lower and bottom out. "Pull these points together and you have a reasonable upside case for US stocks." But there is still plenty of risk, and any derailment of the above factors would reset the six-month clock and lead to more doldrums for the stock market.

☆ Here are some active advantages for the long-term ETF investor
▼ + stars: | 2022-09-25 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

Mid-Year 2022" report, highlighting the state of active management and how it performs against their benchmark. Despite this being the best year so far, the report found that 51% of large-cap active fund managers are underperforming. And that is why active management is so hard." While active management might be better suited for laborious strategies like playing the bond market, the lines between active and passive are becoming more blurred. Those choices are informed by emotion, and that is something that we battle a lot"On the topic of indexed funds, Colas also advised to not take active management for granted.

☆ Wall Street milestone: ETF popularity hits record number
▼ + stars: | 2022-09-24 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +1 min

ETFs are seeing a record surge in popularity. The industry hit a milestone with more than 3,000 ETFs trading simultaneously for the first time ever this month — a 30% increase since December 2020, according to Morningstar. And this year investors are taking more active strategies, such as single-stock ETFs that offer traders exposure to the daily performance of a singular stock like Tesla or Apple. "Investors now are really spoiled for choice among just being able to pick not only the big sector funds or the big overall funds but any kind of fund they think might be interesting," he added. While Ellis believes those who go into ETFs to later dive into index funds will do fine, those choosing highly specialized ETFs are at risk of making disastrous mistakes.

☆ The 2-year Treasury just touched its highest level since 2007 as aggressive Fed moves send bonds yields soaring
▼ + stars: | 2022-09-23 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The two-year Treasury yield hit its highest level since 2007 on Friday. The jump in US bond yields follows another aggressive rate hike by the Fed this week. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyThe two-year Treasury yield touched its highest level in 15 years on Friday, as aggressive moves by the Federal Reserve send bond yields soaring. The two-year Treasury, which is highly sensitive to economic policy moves, topped 4.2% in trading on Friday, at one point beating a 15-year high of 4.266%. Most of the Treasury yield curve was higher Friday morning.

A view shows a shelf with bottles of Pepsi at a grocery store in Moscow, Russia September 9, 2022. The continued production means sodas are still widely available in Moscow and also in Vladivostok in the far east and Krasnoyarsk in Siberia, according to a review by Reuters. The West has not sanctioned food and drink as part of sweeping measures aimed at punishing Russia over its actions in Ukraine. Earlier in the summer, shops in the capital were still selling off stockpiles of foreign beers, months after the brewers said they would halt production. read moreAtlanta-based rival Coca-Cola Co's (KO.N) production in Russia also continued after it said in March it would suspend operations.

☆ ETF Edge: The evolution of ETFs
▼ + stars: | 2022-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailETF Edge: The evolution of ETFsDataTrek Research's Nicholas Colas and author Charles Ellis join the 'Halftime Report' to discuss the innovative versatility of ETFs and worthwhile longterm holdings.

☆ Recession indicators are flashing and Wall Street's fear gauge suggests stocks haven't hit bottom. Here's what you want to know.
▼ + stars: | 2022-09-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Traders on the floor of the New York Stock Exchange (NYSE) Spencer Platt/Getty Images1. Maybe that third one isn't quite so guaranteed — but history tells us the bond market's recession warning is a pretty reliable signal of a downturn in the near to medium-term. The two-year yield on Thursday jumped eight basis points, to 3.86%, 39 basis points above the 30-year Treasury yield of about 3.47%. The stock market's fear gauge is off, too, according to DataTrek. How confident are you in the current market?

☆ Which drink is best for hydration? Milk is better than water
▼ + stars: | 2019-09-25 | by ( Lisa Drayer | ) edition.cnn.com time to read: +5 min

CNN —When you’re thirsty and in need of a drink, which beverages are best at keeping you hydrated? Milk also has sodium, which acts like a sponge and holds onto water in the body and results in less urine produced. The most hydrating beverages, ranked The research team at St. Andrews University tested 13 common beverages to see how they impact hydration. If the choice is between soda and water for hydration, go with water every time. Alcohol acts as a diuretic, which causes you to pass more urine, so when it comes to alcoholic beverages hydration will depend on a beverage’s total volume.

Search resuls for: "Colas"

16 mentions found