25 Stocks to Ditch Before the Fed Meeting

The Fed will hold its two-day policy meeting next week, with the central bank's interest rate decision due at 2 p.m. ET on Wednesday, June 19. While CME Group's FedWatch tool pegs the odds of a June rate cut at less than 25%, traders will undoubtedly dissect a post-meeting presser with Fed Chair Jerome Powell for more hints of a July rate cut, the odds of which currently sit at 86.9%. Below are the 25 worst stocks to own the week of Fed policy meetings, looking at data since 2015, which encompasses 35 meetings.

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  The Fed may break a lot of stock-market investors’ hearts next week

  MarketWatch
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  Wall Street Week Ahead: All eyes on Fed as stock market pines for rate cut

  Reuters

The trade war is already pushing businesses out of China—and it could be permanent

The seemingly unexpected collapse of trade negotiations between the US and China last month hinted that continual Sino-US tariffs may be the new normal. The latest trade numbers suggest that, China has been selling Americans fewer goods like computers and auto parts—and that other countries are benefitting from taking up the slack. What's at stake here isn't merely the health of China's export-focused manufacturing sector (and the millions of workers it employs).

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  U.S. to launch public hearings on additional China tariffs next week

  Reuters
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  China Might Not Admit It, but Trump’s Tariffs Really Sting

  Market Realist

The 7 Best Tech Stocks to Buy for the Second Half of 2019

That came with a Buy rating and a price target of $62 (44% upside potential). Uber is the leading global player in massive ridesharing & meal delivery TAMs, generating robust growth, with leading technologies, products & ops. We also see significant option value in new business units (e.g. Freight)” wrote Mahaney.

Suze Orman Says These Are The Biggest Money No-Nos

Best-selling author, TV host and personal finance guru Suze Orman has been inspiring Americans for decades to make better money moves and avoid serious financial mistakes. She'll be the first to tell you that what you don't do with your money may be even more important than what you do with it. Here are 22 major money don'ts — straight from the expert.

Most Important Thing for Markets Is Fed Decision, Says Bank Julius Baer’s Gattiker

Christian Gattiker, head of research at Bank Julius Baer, discusses what he thinks is boosting markets right now and where he sees them heading. He speaks on “Bloomberg Markets: European Open.

20 Places Where You Can Retire on $200,000 and Feel Rich

How to retire in Slovenia Slovenia doesn't have a retirement visa for noncitizens of the European Union, so an Ameican retiree will have to apply for a one-year temporary residence permit before leaving the U.S. And, you'll need to choose a "purpose" for your visa. U.S. seniors can apply for the purpose of study — such as to take language classes — or for the purpose of becoming a self-employed worker. You must show you have an income at least equal to the "basic minimum income" in Slovenia, which was less than $450 a month in August 2018.

Most Indian employees aren’t fully engaged at work, still they are better than anyone else

Indians are the most engaged at work compared to others around the world. The country clocked the highest increase (by 5 percentage points) in the number of “fully engaged” workers between 2015 and 2018, according to a June 14 global survey by ADP Research Institute, which focuses on human capital management and human resource management. China fared the worst, with a 13 percentage-point drop in the period, bringing employee engagement down to a dismal 6%.

Why Google is planning a $600M investment in this small Texas city

Google is making an even larger investment than expected for its first data center in Texas. The search-engine giant, part of the Silicon Valley's Alphabet Inc. (Nasdaq: GOOGL), is putting $600 million in the Ellis County facility, according to a statement on Friday. The company says it will create a number of jobs at the data center and hundreds of construction jobs.

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  Google CEO Reacts To Possible U.S. Antitrust Probes Into Tech Giant

  Deadline
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  Google CEO Sundar Pichai worries tech regulation could have ‘unintended consequences’

  MarketWatch

Explainer: Why is Huawei seeking $1 billion patent deal with Verizon?

Huawei is demanding Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company's strategy for the U.S. market. A Huawei executive made the demand in a February letter, a person briefed on the matter told Reuters. The Wall Street Journal first reported on the letter on Wednesday.

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  Huawei folding phone launch delayed from mid-June to September

  AFP Relax News
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  Huawei delays the launch of its foldable phone until September

  Engadget

FB Cryptocurrency: 12 Things We Know About Facebook’s Project Libra

Here's what we know so far about the Facebook (NASDAQ:FB) cryptocurrency. The project to develop a FB cryptocurrency is called Libra. Several large companies will reportedly be backing the development of the cryptocurrency.

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  Wasted Naysayers Continue to Flog Wasteful Energy-Consuming Bitcoin

  CCN
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  Will Facebook Unveil Its Plans For A Cryptocurrency This Week?

  Investor's Business Daily

Why Tesla stock can still hit $500

Berenberg auto analyst Alexander Haissl dropped the mic Friday on what has been another good week for Tesla stock fanatics. The long-time Tesla bull reiterated his Buy rating on Tesla's stock and hearty $500 price target. One has to hand it to Haissl, he makes a compelling case for Tesla hitting $500 a share.

Broadcom Down Sharply On Earnings

This stock is down sharply on earnings/outlook. Today was a bad day for chip stocks overall with Philadelphia Semiconductor index down 2.5%, 3%.

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  Chip Bulls With `Fairy Dust' Optimism Absorb Another Body Blow

  Bloomberg
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  TSX falls as technology shares drag

  Reuters

Wall Street Learns Hard Lesson on Why Not to Say ‘Pig’ in China

For financial professionals around the globe this week, rising trade tensions and fears of a slowdown were no match for an unlikely drama suddenly unfolding in China: UBS Group AG's struggle to quell a public uproar over an economist's quip about pork prices. Was the furor in China -- amplified by state media and a local industry group's demand for the economist's firing -- some sort new front in the trade war? Might U.S. and European banks finally on the cusp of expanding in mainland China be thwarted over perceived slights?

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  UBS puts economist on leave in growing China pig row

  Reuters
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  UBS top economist put on leave after “Chinese pigs” comment provokes outcry

  MarketWatch

Gold Price Prediction – Gold Slides on Stronger Greenback

Gold prices failed to break out and moved lower through out the trading session as the dollar gained traction against most of the major currencies. Since gold is priced in US dollars, the stronger greenback generated headwinds for gold prices. Retail sales came in positive, but softer than expected, but the revisions to prior months helped lift short term yield helping to buoy the US dollar.

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  Price of Gold Fundamental Daily Forecast – Gold Jumps to Multi-Month High, but Gains Limited by Stronger U.S. Dollar

  FX Empire
• Gold Prices Have Hit Their Highest Level in More Than a Year

  Barrons.com

Airbus Looks To Soar Above Boeing With This New Engine Technology

Europe's Airbus is looking at opening up a new front in its ongoing aerospace battle with U.S. rival Boeing by bringing the world's first hybrid-electric airliner to market. The plane-maker believes a new propulsion system will be ready for when an all-new single-aisle jet is released in 2035, insiders told Bloomberg. The way forward is still not clear, with the sources saying Airbus will start with a smaller single-aisle model before working up to a size comparable to the 240-seat A321neo.

• Airbus readies A321XLR jetliner launch, sees A330neo sales

  Reuters
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  Grounding of Boeing plane hovers over big air show in Paris

  Associated Press

The 10 Best Cheap Stocks to Buy Right Now

With CBS stock priced at only 7.5 times this year's expected earnings though, the company would also make for a dirt-cheap entry or expansion into the entertainment industry. Air Lease (AL) Air Lease (NYSE:AL) relies on at least a decent economy to drive demand for passenger jets, and recently, investors have seen what they think are too many red flags. Take a closer look at all the data, though, and matters aren't as dire as they may seem.

Bitcoin bull run imminent, expert says

Bitcoin looks to be poised on the verge of its next bull run, according to the head of one of the world's most respected independent financial advisory organisations. Nigel Green, chief executive of deVere Group, claims that Bitcoin's sustained foray above $8,000 today looks sustainable enough to build for a push even higher, propelling the value of the decade-old cryptocurrency to heights unseen since 2017. “Ditching its trademark volatility, Bitcoin has been stuck in no-man's land for over a week, oscillating within a $600 range,” he said in a Coin Rivet article for the Daily Express.

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  Facebook set to introduce Libra cryptocurrency

  Yahoo Finance Video
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  How to buy Ethereum in the UK

  Coin Rivet

These CrowdStrike IPO winners' stakes are now worth billions

George Kurtz, co-founder and CEO of CrowdStrike Holdings Inc., says private equity firm Warburg Pincus LLC invested $25 million in his startup's Series A round in 2012 after he gave a 25-slide pitch. "The joke then was that I should have done 30 slides because they were paying me a million bucks a slide," he told the Silicon Valley Business Journal this week. CrowdStrike's pre-IPO valuation of about $3.4 billion jumped to $6.7 billion when it agreed to sell $612 million in shares (NASDAQ:CRWD) to public investors at $34 each on Tuesday.

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  Chewy stock soaring above its IPO price in a big public debut

  Yahoo Finance Video
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  Chewy IPO: Shares jump 64% above IPO price, open at $36.00 each

  Yahoo Finance

4 Semiconductor Stocks to Sell

Analysts are looking for earnings of 90 cents per share on revenues of $15.6 billion. When the company last reported on April 25, earnings of 89 cents per share beat estimates by two cents. Nvidia (NVDA) Nvidia (NASDAQ:NVDA) shares are simply unable to get up off the mat, as the onetime momentum sweetheart languishes near its December lows and remains well below its 50-day and 200-day moving averages.

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  Why Is ZTO Express (Cayman) Inc. (ZTO) Down 5.2% Since Last Earnings Report?

  Zacks
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  Why Is Cisco (CSCO) Up 0.4% Since Last Earnings Report?

  Zacks

For Investors Who Missed Their Chance, Here’s Where to Buy Twilio Stock

I'd rather pay a premium for TWLO stock at $50 as it was surging higher and had momentum in its business, than buy at $30 two years ago when it had uncertainty surrounding it. Stocks to Buy for the Coming Recession Twilio stock running from $50 to $100, then $100 to $150 is big, but realistic. However, buying today — at $140 a share — we can't expect TWLO to run to $280, then $420 so fast.