Managing a bank: basic principles

Dec 09 2019 @ 09:29

In this, the last newsletter on Wells Fargo (I’m impatient to write about a UK company I’ve just invested into this week), I’ll outline the key qualitative factors needed for a successful bank. This is followed by a quick summary of what has happened to Wells Fargo and Berkshire Hathaway’s investment in it over the […]

 

ADVFN Morning London Market Report: Monday 9 December 2019

Dec 09 2019 @ 09:22
London open: Stocks edge lower ahead of busy week; Tesco rallies London stocks edged lower in early trade on Monday ahead of what was set to be a busy week, with rate decisions from the Federal Reserve and the European Central Bank, the UK general election and the Sino-US trade deadline all due. At 0830 […]
 

Tracking the Performance of the US Total Market Index with Vanguard’s ETF

Dec 09 2019 @ 07:41
The Vanguard Total Stock Market ETF (VTI), started in 2001, has returned 7.3% to investors. The ETF is well diversified, holding over 3,500 stocks from the US equity market, including small-, mid- and large-cap companies. It is weighted towards the technology sector, with its top four holdings being Microsoft (NASDAQ:MSFT) at 3.6%, Apple (NASDAQ: AAPL) […]
 

PlayerUnknown’s Battlegrounds: Top 9 PubG Kings (Winners)

Dec 09 2019 @ 06:36
PlayerUnknown’s Battlegrounds (PubG) is an intense action combat survival game developed and published by PUBG Corporation. The game was released on Steam’s initial Access platform for Microsoft Windows in the year 2017, March 23, and the full game came out on December 20, 2017. At the very initial stage of the game many Twitch streamers and skilled […]
 

Tradingview Weekly Market Wrap 9 December 2019

Dec 09 2019 @ 04:26
Last week was marked by a serious of positive and ‘not so’ positive news: U.S. total nonfarm payroll employment rose by 266,000 in November, whilst the unemployment rate remained at 3.5 percent. The Bank of Canada kept its benchmark rate steady at 1.75. The Reserve Bank of Australia also kept the interest rate steady at […]
 

Weekly COT Report: Bullish USD Exposure Hits A 6-Week High

Dec 09 2019 @ 04:14
Weekly COT Report: Bullish USD Exposure Hits A 6-Week High As of Tuesday 3rd December: Large speculators increased net-long to USD by $19.8 billion, taking it to a 6-week high Net-short exposure to AUD was decreased by 8,9k contracts Traders were their most bearish on yen in 6-months Weekly changes for FX majors were all under […]
 

Guardian Stockbrokers Key Economic News Monday 9 December 2019

Dec 09 2019 @ 04:05
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house price index climbed in November In the UK, the Halifax house price index advanced 1.00% on a MoM basis in November. In the prior month, the index had fallen 0.10%. German industrial production unexpectedly eased in October In Germany, […]
 

How did Wells Fargo perform through the recession?

Dec 07 2019 @ 06:33
The secret to running a successful commercial bank is to lend at a good margin above the cost of obtaining those funds from depositors etc., while holding down operating costs and lowering losses inflicted by borrower default. It helps if there is plenty of non-interest income as well such as fees from investment management.  If […]
 

Wells Fargo - the analysis of a strong bank by Warren Buffett in 1990?

Dec 06 2019 @ 11:57
Warren Buffett was optimistic about Wells Fargo’s prospects in 1989/90.  He was so optimistic that he spent $289m of Berkshire Hathaway’s money buying almost 10% of Wells Fargo’s shares.  But we have to ask: Was Warren correct to be greedy when others were fearful? There are two parts to answering this question. First, did the facts […]
 

Crude Oil Prices Steady Above $58.00 After OPEC+ Announce Production Cuts

Dec 06 2019 @ 09:58
Earlier today, the Organization of Petroleum Exporting Countries (OPEC) and their partner countries announced that higher production cuts until March 2010. The existing agreement is for the cartel as a whole to cut back production by 1.2 million barrels per day. Now, in an effort to prop up oil prices, OPEC+ will now cut daily […]
 

MINING, OIL AND GAS

Crude Oil Prices Steady Above $58.00 After OPEC+ Announce Production Cuts

Dec 06 2019 @ 09:58
Earlier today, the Organization of Petroleum Exporting Countries (OPEC) and their partner countries announced that higher production cuts until March 2010. The existing agreement is for the cartel as a whole to cut back production by 1.2 million barrels per day. Now, in an effort to prop up oil prices, OPEC+ will now cut daily […]
 

Canadian Overseas Petroleum Limited price analysis: COPL moves sideways in apparent weakness, ready for a strong rally

Dec 04 2019 @ 10:23
Canadian Overseas Petroleum Limited shares (LSE:COPL) are currently consolidating, in apparent weakness. A breakout is imminent. Looking at price more closely, it can be seen that the market is making weak attempts to rally, but that effort pales into insignificance when compared to the ongoing sideways movement. Bulls are intent on pushing price upwards but […]
 

Petrel Resources price analysis: PET becomes bullish, will it reach the resistance at 20.00?

Nov 22 2019 @ 07:12
Petrel Resources shares (LSE:PET) are in an uptrend, as price is trying to recover from its recent losses. The first target is the resistance level at 10.00 and the second target is at the resistance level of 20.00. Since the market moved above the upper Trendline in November 2019, the rally has become strong as […]
 

Petro Matad price analysis: Within the maniacal movement, MATD remains weak

Nov 08 2019 @ 00:50
Petro Matad Limited shares (LSE:MATD) are to continue its bearish, random movement. The recent movements in the market have been bearish and this would most probably continue. There was a gap up in October 2019, and following that, price has been coming downwards gradually. There is a tendency for price to move below the EMA […]
 

GLOBAL NEWS

Monero (XMR) Faces Selling Pressure After Breakout Attempt

Dec 01 2019 @ 23:47

Key Resistance Levels: $70, $80, $90 Key Support Levels: $40, $30, $20   XMR/USD Price Long-term Trend: Bearish The coin had been trading above $50 in October in a sideways trend. In November, Monero made a positive move and broke above the $60 price level. The bulls could not sustain the move above the upper price level […]

 

GBPUSD Price: Following Recouping From The Low, British Pound Anticipates Upward Momentum

Dec 01 2019 @ 23:33
GBPUSD Price Analysis – December 1 The pound had a positive prior week as traders anticipate to build the scenario for buyers to step in, and now it seems likely to continue on the upside. If we can exceed the crucial level on the level at 1.3012, it is likely that the pound sterling takes […]
 

3 Best Trading Software of 2019

Nov 28 2019 @ 08:35
Are you a professional stock trader? Or did you get lured into the world of automated online trading because you read a random review that spoke a lot of different advantages of automated online trading? In either case, you must have certainly clicked on this link because you need to know more about trading software. […]
 

All You Need To Know About Hedera Hashgraph

Nov 27 2019 @ 03:55
Hedera is said to be a decentralized public ledger that personalizes the digital world for its users in ways like never before. This technology goes beyond Blockchain for inventors to deliver applications that are fast, fair and secure. Hedera Hashgraph was developed by Dr. Leemon Baird and Scientist Mande Harmon on July 2016. This game-changing […]
 
 
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