Stocks are in ‘the danger zone,’ and it is ‘assured’ that a bear market will occur in the next year, analyst warns
The bull market in U.S. stocks is by one account the longest in history. But it may not be long for this world thanks to the Federal Reserve, according to one analyst. See full story. Here’s what Twitter data say about the Nike boycott – Calls to boycott Nike Inc. over its recent ad featuring quarterback Colin Kaepernick may not have much impact on the company, if social-media data is any indication. See full story.
An easy way for investors to buy protection: Consider value stocks with high dividend yields – Tim McIntosh of PVG Asset Management expects interest rates to fall, supporting prices for stocks in four sectors with attractive dividend payouts. Read More @ https://www.marketwatch.com/story/stocks-are-in-the-danger-zone-and-it-is-assured-that-a-bear-market-will-occur-in-the-next-year-analyst-warns-2018-09-09?siteid=rss&rss=1
Chinese billionaire Jack Ma will reportedly detail Alibaba succession plan Monday
Jack Ma is reportedly set to announce his plans for retirement as executive chairman of Alibaba and the company’s future leadership on Monday, which also marks the billionaire’s 54th birthday.
Ma will lay out a long-term succession plan for Alibaba, the $420 billion e-commerce empire he co-founded in 1999, that will be carried out over a “significant period of time,” the South China Morning Post reported Saturday. On Friday, the New York Times published a story and interview with Ma that said he plans to retire as executive chairman on Monday but will remain on the company’s board. The Post says he will stay on as executive chairman during the transition, citing a company spokesman. A former teacher, Ma told Bloomberg TV earlier this week he might go back to teaching someday. “This is something I think I can do much better than being CEO of Alibaba,” he said. Read More @ https://money.cnn.com/2018/09/07/technology/jack-ma-retire/index.html
WHAT IS THE PSEi SAYING TODAY?
We wait to BUY PSEi & PHP STOCKS as the INDEX shows more downside awaits; don’t rush to buy yet as the US Stocks and other Index like – FTSE100, Shanghai Index, Singapore & Hong Kong are all looking south. Wait for the PSEi to show more bullish pattern before you jump in to buy.
High Risk Investment Warning:
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