durablegoodsorders
In hisDaily Market Notes report to investors, while commenting on Evergrande Property Services Group Ltd (HKG:6666), Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more Evergrande - An Isolated Event____ After all the damage suffered last Monday about China's defaulting property developer Evergrande, by Friday, the name wasn't even in the news. We went from wondering if we were looking at another "Lehman moment" possibly triggering another global financial crisis to nothing more than an isolated event that is only an internal Chinese issue. China did manage to make the news...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on Tesla Inc (NASDAQ:TSLA)’s losses, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more S&P Good For Another 10% UpsideAnother 10% upside for the S&P looks good to go . . . With the month of May just beginning – and already getting plenty of scrutiny as to whether investors should “sell in May and go away” – it seems pretty clear to me that, based on how well a number of fluid factors are playing out, the S&P 500 is ripe for advancing another 10% from its April 30 level of 4,181. Sure, a 5% pullback below 4,000...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on the rise in durable goods orders, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more Durable Goods Orders RiseThe Commerce Department announced that durable goods orders rose 0.5% by $1.4 billion to $256.3 billion in March. Economists were expecting a 2.3% surge in durable goods orders in March, but supply chain disruptions continue to disrupt manufacturing. Tesla’s first quarter announcement after the close will likely be big news. I will be looking at how much Tesla is making via electric vehicle (EV) tax ...
ValueWalk
The latest Durable Goods Orders report will be out this Friday, and it is anticipated to show that U.S. manufacturers have continued to stage a partial rebound from coronavirus shutdowns and supply-chain disruptions related to the pandemic.Q2 2020 hedge fund letters, conferences and moreJim Griffin, COO and CTO of Fleet Advantage, a Fort Lauderdale, Fla.-based trucking asset management firm, comments on the upcoming Durable Goods Orders report.Truck Fleets Are Optimistically Cautious“Truck fleets are optimistically cautious about the continued growth in durable goods and are revisiting their t...
ValueWalk
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