Six Billion-Dollar Companies Are Now Penny Stocks; Hope You Sold

Six members of the Standard & Poor's Total Market index and the S&P 500 commanded $1 billion or greater market values when this decade began — only to become penny stocks now. This is based on an Investor's Business Daily analysis of data from Marketsmith and S&P Global Market Intelligence. Suffering these kinds of losses is all the more painful given the powerful run the S&P 500 is on.

Kyle Bass on where the global economy is headed: ‘This is insane’

When rates eventually reach zero in the U.S. amid slowing growth in Europe and China, Bass warns, it will only fan the flames of inequality in America. “The unintended consequences of central bank printing are that it makes the rich even richer, it makes the middle class stay where they are and it makes the poor stay poor,” Bass explained to CNBC.

Is My Ex-Husband Entitled to the Down Payment Money He Put into Our House?

Q: “My soon-to-be ex-husband earned a big chunk of money while we were living together, but before we were married. Then, we got married and used $60,000 of that money as a down payment on the home we bought and have lived in ever since, with both of us contributing toward the mortgage. Now, he has moved out and I'm still in the home with our kids.

Unrest in Hong Kong Is Long-Term Buy Signal, Says Elliot Wave’s Galasiewski

Mark Galasiewski, Asia and emerging market chief strategist at Elliot Wave, discusses the relationship between Hong Kong protests and stock prices and why he's saying now is a time to buy Hong Kong. He speaks on “Bloomberg Markets: China Open.

• 
  Employee of Britain's Hong Kong mission held in China released: police

  Reuters
• 
  Tram Riders Get Bird's-Eye View of Hong Kong Human Chain

  Storyful

The Machine David Koch Helped to Build ‘Will Endure’ After His Death

David Koch's death Friday marks the end of an era in the worlds of business, politics, philanthropy and high society. For Koch Industries, the conglomerate he helped his brother Charles transform into the second-largest privately held U.S. company, the founding family retains firm control as a generational shift takes hold. Nothing changes,” Koch spokeswoman Christin Fernandez said in an email.

• 
  David Koch Built a Toxic Empire — with Human Consequences

  Rolling Stone
• 
  David Koch reshaped America for the worse. His life's work was the destruction of others

  The Independent

Fed's Powell vs. Trump: who's got a 'feel' for markets now?

Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough. Investors had anxiously awaited Powell's speech on Friday, but his continued pledge to "act as appropriate" to sustain the U.S. economic expansion generated only tepid financial market reaction. Instead, it was Trump who threw markets for a loop, sending the Dow down more than 600 points after he said he was ordering Americans to look for alternatives to doing business in China.

• 
  US STOCKS-Trump tweetstorm sinks Wall Street as trade war rages on

  Reuters
• 
  Trade War to Last Longer Than Boost From Fed Cuts, Analysts Say

  Bloomberg

5 Healthcare Stocks to Buy for Healthy Dividends

Even better is that recent market volatility has sent many investors into healthcare stocks for their high cash flows and strong dividend potential. Many healthcare stocks have long been dividend champions — offering both high initial yields and overall strong dividend growth. For investors looking for income and the ability to keep that income rising over the long haul, healthcare stocks can't be beaten.

• 
  We Wouldn't Be Too Quick To Buy Perrigo Company plc (NYSE:PRGO) Before It Goes Ex-Dividend

  Simply Wall St.
• 
  Acushnet Holdings Corp. (NYSE:GOLF)'s Could Be A Buy For Its Upcoming Dividend

  Simply Wall St.

Negative interest rates are coming and they are downright terrifying

Yes, the U.S. ten year Treasury yields 1.59%, not close to 0%, but negative rates seem to be creeping ever closer. For instance, negative interest rates haven't come to U.S. corporate debt, but Euro-denominated bonds issued by the likes of blue-chips Apple (AAPL), McDonald's (MCD), and Pepsi (PEP) carry negative yields. And in Europe, it was postulated that negative rates would never fly in the consumer sphere in terms of banks paying back depositors less than they put in their savings accounts, but that's now changing.

5 Top Stock Trades for Monday: ROKU, ACB, VMW, CRM, BA

There is too much love for the ROKU stock. Meanwhile, ROKU stock fell on Friday but there should be support down to 133 and $127 per share. Fundamentally, I've been a critic of Roku because they've been in business for 16 years and they still haven't figured out how to be sustainability profitable.

USD/CAD Daily Forecast – Traders Eye Fed’s Chief Powell’s Speech

Crude to Test 38.2% Fibo Level On an overall basis, the Crude prices were forming a descending triangle trading pattern with the head pointing downwards. With such a bearish assumption intact, the oil prices might soon revisit the $57.27 bbl mark or 38.2% Fibonacci Retracement level. On moving further south side, the commodity prices might encounter the base of the descending triangle, leading to a breakdown.

• 
  Gold soars 2% after Powell speech, Trump tweets

  Reuters
• 
  Fed's Powell addresses US economy's direction in key speech

  AFP

4 China Stocks Getting Slammed as Trump Wages Currency War

Wall Street is getting hit hard on Friday after China announced overnight a new batch of trade tariffs on U.S. imports. President Donald Trump wasted no time responding, hinting on Twitter (NYSE:TWTR) that he is preparing to take action to stop the U.S. dollar's rise to record highs. As a reminder, China responded to Trump's last salvo of import tariffs with an aggressive weakening of their currency — which then caused the U.S. Treasury to label the country a currency manipulator.

• 
  Trump presses U.S. companies to close China operations

  Reuters
• 
  As U.S.-China trade war deepens, can Corporate America handle the uncertainty?

  MarketWatch

Yuan vs. Renminbi: What's the Difference?

Chinese currency is a hot topic these days for many reasons. Not only does it define the state of one of the world's biggest economic superpowers, but it is also central to one of the most debated issues involving China today—its perceived mercantilist policy of artificial undervaluation of its currency against the U.S. dollar to give its exports an unfair price advantage. In recent years, there has been a consensus among economists that the Chinese currency has been undervalued in the 15 percent to 40 percent range for many years.

• 
  U.S. dollar sinks as Trump tweets stoke intervention fears

  MarketWatch
• 
  The Impact of China Devaluing the Yuan

  Investopedia

25 dividend stocks selected for value by an outperforming money manager

Buckingham did a special screen of stocks held within Prudent Speculator portfolios to narrow the group to 25 that meet additional criteria, as listed below. He also provided three- to five-year price targets for the group. That is in contrast to the 12-month targets and ratings used by most Wall Street analysts.

China's Internet Companies Are Pushing Into Lower Tier Cities

Jessie Wang, co-founder and chief operating officer at Bigone Lab, discusses how her company analyzes data on consumer and tech companies and the trends she's seeing in the industry. She speaks to Bloomberg's Selina Wang on “Bloomberg Markets: Asia.

7 “Boring” Stocks With Exciting Prospects

Wouldn't it be nice in all this turmoil to have some stocks that will chug right along, growing their stock price and delivering solid dividend yields, most of which outpace inflation? American States Water (NYSE:AWR) is an interesting utility because it reaches across a couple lines of business. It's a company that manages water resources for over 80 communities in California, particularly around Los Angeles.

US STOCKS-China's tariff blow weighs on Wall Street, Powell speech in focus

U.S. stocks fell on Friday after China threatened to impose additional tariffs on $75 billion worth of U.S. goods, ahead of a highly anticipated speech from Federal Reserve Chair Jerome Powell. China's latest tariffs, which follow U.S. duties on $300 billion worth of Chinese goods, threaten to prolong an ongoing trade war between the world's top two economies that has raised concerns about slowing global growth. China's commerce ministry said it would impose additional tariffs on thousands of U.S. products, including agricultural products, crude oil, small aircraft and cars.

• 
  Trump presses U.S. companies to close China operations

  Reuters
• 
  As U.S.-China trade war deepens, can Corporate America handle the uncertainty?

  MarketWatch

Gold Price Prediction – Gold Breaks Out Following Trump Tweets

Gold prices surged higher on Friday in the wake of the Fed Chairs speech at Jackson Hole Wyoming and President Trump's tweet. President Trump reacted to the Chinese retaliating to the recent Trump threat of additional tariffs with specific tariffs on 75-billion dollars of goods that are exported to China. China specifically targeted cars and agricultural product which hurts people who live in red states.

• 
  Trump presses U.S. companies to close China operations

  Reuters
• 
  As U.S.-China trade war deepens, can Corporate America handle the uncertainty?

  MarketWatch

Trump claims the stock market would be higher if he hadn’t confronted China — is he right?

This column is neither for nor against President Trump. The Dow Jones Industrial Average (DJIA) would have been 10,000 points higher if President Trump had not done the “right” thing. The answer to this question helps investors understand what may happen to the stock market if the trade war with China is resolved.

• Target Soars 19% On Earnings

  Motley Fool
• 
  Dow Jones Falls As China Trade War Trumps Fed Chief Powell; Target, Home Depot, Salesforce Rise On Earnings: Weekly Review

  Investor's Business Daily

Twitter Stock Shows How Swing Trading Is Different

The short-term nature of swing trading requires a different set of rules and strategies in order to manage positions. A recent trade in Twitter stock demonstrates. Stock Market Weakness Can Lead To Early Sells The last earnings report led to an 8.9% gain in Twitter (1).

Silver Price Forecast – Silver markets take off on Friday

Silver markets rallied a bit during the trading session on Friday, reaching towards the $17.50 level. That is an area that continues to offer a lot of resistance, as it is structurally important. Silver markets tend to pay attention to $0.50 increments, as the market continues to pay attention and both support and resistance.

• 
  Silver Price Forecast

  FX Empire
• 
  AUD/USD Weekly Price Forecast – Australian dollar continues to grind lower

  FX Empire

Gold soars 2% after Powell speech, Trump tweets

Gold surged 2% on Friday as investors interpreted U.S. Federal Reserve Chair Jerome Powell's speech as leaning toward a dovish monetary policy stance and President Donald Trump's latest comments exacerbated trade tensions with China. Spot gold rose 1.9% at $1,526.60 an ounce by 14 08 pm EDT (1801 GMT), shaking off slight headwinds ahead of the Fed Chair's speech. Prices earlier rose to $1,528.79, the highest since Aug. 13, when spot gold had scaled a six-year peak of $1,534.31.

• 
  Donald Trump Again Insists China Pays His Tariffs

  HuffPost
• 
  Stock market news: August 23, 2019

  Yahoo Finance