Microsoft, Google, and Meta reported better than expected earnings last week, which spurred a rally in the tech stocks. Meanwhile, troubled First Republic Bank is in trouble again as they set to enter FDIC receivership. Is the fear of a banking crisis back again? This week, we have more companies reporting their earnings, with FOMC meeting coming up too. How will these affect the stock market? And have you heard about the phrase “Sell in May and go away”? Let’s discuss ...
The founder of New York-based hedge fund Third Point, Loeb said he bought shares in Royal Dutch Shell in the second and third quarters. The Wall Street Journal reported the stake as worth over $500 million, while the Financial Times said it was worth almost $750 million.$Shell Companies (LIST2504.US)$ He bought @ $28-$30....Now selling it @ $50 with profits....We know the drill !!! lol
"$Shell Companies (LIST2504.US)$"Shell has too many competing stakeholders pushing it in too many different directions" So another stakeholder pushing it in a new direction is the solution.
This week, we have more companies reporting their earnings, with FOMC meeting coming up too. How will these affect the stock market? And have you heard about the phrase “Sell in May and go away”? Let’s discuss ...
No comment yet