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Tuesday, August 7, 2018

'Buffett Indicator' Spells Bad News for Stock Investors

A market valuation statistic favored by the Sage of Omaha is approaching a record high.
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'Buffett Indicator' Spells Bad News for Stock Investors
A market valuation statistic favored by the Sage of Omaha is approaching a record high.
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Morning Headlines
4 Reasons Apple's Big Stock Gains Aren't Over
Barron's writer Jack Hough argues that the global tech giant deserves a premium valuation for 4 reasons.
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Katzenberg's Venture Raises $1B for Mobile Video Service
WndrCo, a venture co-founded by former Disney executive Jeffrey Katzenberg, said on Tuesday it raised $1 billion from several media and financial companies for a mobile-based video service.
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Zillow Stock Plummets After It Acquires Mortgage Lender
Zillow's stock is under pressure after the company announced it acquired Mortgage Lenders of America and lowered its FY guidance.
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CBS Seen Rising 9% Despite Cloud Over CEO Moonves
Some options traders are betting the recent plunge in CBS stock won't last and that it will rise by 9%.
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Top S&P 500 Gainer & Loser
JEC
Jacobs Engineering Group Inc
7.78%
NWL
Newell Brands Inc
-14.34%
As of last market close.
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