Contrary to its odd reputation, Wall Street delivered an upbeat performance in September. The S&P 500 added 1.6%, the Dow Jones advanced 1.8%, the Nasdaq Composite gained 2.3% and the Russell 2000 ticked up 0.3% last month. The month can be easily marked by the first Fed rate cut in four years, ECB’s second rate cut and Chinese stimulus. U.S. Economy Grows Faster Than Expected in Q2 The U.S. economy grew at an annualized rate of 3% in the second quarter of the year, surpassing Wall Street's expectations. Ac ...

Investors who need more time or knowledge to pick individual stocks tend to walk away with the high single-digit returns that the S&P 500 historically offers. However, now that the stock market is entering a new cycle of lower interest rates and steepening yield curves, it is best to pick a select few companies with the potential to outperform for the next decade.Looking that far ahead is hard to imagine, but Warren Buffett does it best by finding companies that not only sell for low valuations compared to ...

My timing on Alibaba (NYSE: BABA ) ( OTCPK:BABAF ) has been quite good as I have held back on rating it a 'Buy' when it was arguably still in a slowly declining Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidencebased thesis. But first and foremost, I encourage readers to judge me on my performance.I have a generalist approach as I explore, analy ...

Chinese stocks are cheap and could benefit from a stronger consumer.With its economy floundering, the Chinese government recently announced a number of measures to help give it a lift. They include decreasing banks' required reserve ratios, lowering key interest rates, and reducing the required downpayment percentage on second homes.In addition, China will allow institutions, including brokers, funds, and insurance companies, to use financing from the central bank to purchase stocks. There is also a plan to ...

Nationally ranked stock picker for 30 years. Victory Formation and Bottom Fishing Club quant-sort pioneer.....Paul Franke is a private investor and speculator with 38 years of trading experience. Mr. Franke was Editor and Publisher of the Maverick Investor® newsletter during the 1990s, widely quoted by CNBC®, Barron’s®, the Washington Post® and Investor’s Business Daily®. Paul was consistently ranked among top investment advisors nationally for stock market and commodity macro views by Timer Digest® during ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in KWEB, FXI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Se ...

Even though the Chinese stock market has been scrutinized extensively in the past couple of years, some investors have begun to realize that there is much more upside than apparent risk for Asia's powerhouse. China's technology sector has the lowest valuation in history compared to its American counterpart. Measured through the KraneShares CSI China Internet ETF KWEB, names in this space now trade at steep discounts against peers like Alphabet Inc. and even Amazon.com Inc.. While discounted stocks might not ...

Despite the absence of OpenAI’s ChatGPT or Google’s ( GOOG , GOOGL ) Gemini in China, the region has not been short of interest in generative AI. In fact, the nascent technology garners the highest penetration rate in China compared to otherAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving comp ...

Based on future growth expectations, these stocks are still cheap.In this video, I will discuss two undervalued growth stocks worth buying despite the recent rally. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Sept. 26, 2024. The video was published on Sept. 27, 2024. ...

Alibaba closed above $100 per share for the first time since August last year in the U.S. on Thursday, after surging 10% during the session. On Friday, the company's Hong Kong-listed stock reached its highest close since February 2023, up nearly 5% to 102.50 Hong Kong dollars. The e-commerce giant's shares in Hong Kong are around 18% higher this week.The Hang Seng Tech Index in Hong Kong, which contains most of the big Chinese tech stocks, closed up nearly 6% at its highest level since early August 2023. Th ...