Friends – Activity – Bikechain

Seth Golden started the topic Deutsche on path to $5Bn in the forum Facebook (FB) 5 years, 5 months ago

Deutsche:

1. We are encouraged by stats released from Facebook showing strong improvements in audience and engagement at Facebook Watch.

2. We increasingly see Watch as a scalable long-term revenue source. We think most investors view Watch as “meh” to the investment case, skeptical it can scale despite some solid numbers released in Dec…[Read more]

Seth Golden started the topic MN upgrades with $210 price target in the forum Facebook (FB) 5 years, 5 months ago

Jun. 11, 2019 7:42 AM ET|About: Facebook, Inc. (FB)|By: Brandy Betz, SA News Editor
MoffettNathanson upgrades Facebook (NASDAQ:FB) from Neutral to Buy with a $210 price target, implying a 20% upside.

Analyst Michael Nathanson cites “improving underlying fundamentals” and new growth opportunities, which can offset regulatory risks.

The analyst…[Read more]

Seth Golden started the topic Berstein on Fund Flows in the forum S&P 500 Analysts Notes 5 years, 5 months ago

1. Global equity vs bond flows have now hit a 3-standard deviation extreme, the lowest level since 2004.

2. Last week saw the largest weekly net inflow into Bond funds in over 4 years at USD 17.5bn and investors redeemed USD 10.5bn from their holdings of global equity funds, taking the cumulative flows for these 2 asset classes since the…[Read more]

Seth Golden started the topic Morgan Stanley on rate cuts & Tariffs in the forum S&P 500 Analysts Notes 5 years, 5 months ago

“Fed could cut as soon as July but it may not halt slowdown/recession.”
“.. we would be wary of any claims that costs will be passed along to end market consumers or absorbed by cost efficiencies .. companies are already struggling to take price or maintain margins. Thus, we believe an exogenous cost shock would be very hard to absorb.”

Seth Golden started the topic Goldman on CTA positioning in the forum S&P 500 Analysts Notes 5 years, 5 months ago

CTA positioning
1. With yesterday’s market rally, the S&P now crossed through the medium-term threshold for the systematic community at ~2797. While this doesn’t mean systematic supply will suddenly halt, it does mean it will abate.

2. For US equities as a whole, the GS macro sales desk currently estimates the CTA community is net short -$5…[Read more]

Seth Golden started the topic Citi on Tariffs in the forum S&P 500 Analysts Notes 5 years, 5 months ago

“Our base case includes: 1) tariffs on all Chinese imports to be implemented but removed as part of a handshake deal (most probably at the G20 summit); 2) 5% tariffs on all Mexican imports to be implemented. 3) auto tariffs to be announced and tensions to rise between the US and the EU/Japan., and 4) continued restrictions associated to national s…[Read more]

Seth Golden started the topic UBS on rate cut probabilities in the forum S&P 500 Analysts Notes 5 years, 5 months ago

1. We only see the Fed cutting rates if we get a sufficient slowing in the real economy that they fear a recession.

2. An equity sell off would accompany that slide in the economy, but by itself, it seems insufficient.

3. Tariffs increase the probability of recession.

4. In our baseline, we continue to assume that deals are struck before…[Read more]

Seth Golden started the topic Tim Cook comments in the forum Apple Inc. (AAPL) 5 years, 5 months ago

1.. On being a monopoly:

“No. I don’t thinks so. I think that with size, I think scrutiny is fair. I think we should be scrutinized. But if you look at any kind of measure about is Apple a monopoly or not, I don’t think anybody reasonable is going to come to the conclusion that Apple’s a monopoly. Our share is much more modest. We don’t have a…[Read more]