Dow 20,000 gets a lot of people excited. But as we discussed on Friday, there are rational reasons to expect that stocks will continue to climb to much higher levels.
Yesterday we looked back on China’s currency manipulation that has escalated to a big geopolitical risk with the incoming Trump administration. Remember, at the beginning of the year I talked about the six big global market themes for 2016. China’s currency was one.
Given that we’re reaching the 20,000 level in the Dow, let’s revisit the first theme I talked about back in January. “Theme #1: The central banks are in control—Be Long Stocks…
We know that the global financial and economic crisis was driven by a credit bubble and, therefore, overindebtedness. We know more than 60 countries around the world were simultaneously in recession.
If you grasp this reality, and are firmly rooted in the context within which the global economy is operating, respecting the role that central banks played in rescuing the world from an apocalyptic collapse, then there hasn’t been much more to talk about or to debate for quite some time, when it comes to the outlook for markets, risks, scenarios, etc. Central Banks have proven to be able to influence confidence and asset prices. Both of which are critical tools in creating recovery and continuing recovery.”
Hot Financial Stocks To Invest In Right Now: Cheniere Energy Partners, LP(CQP)
- [By Tyler Crowe]
Even though the spot price has come down a bit since then, it still gave management enough confidence to increase its guidance for the full fiscal year. Management raised its estimate for full-year adjusted EBITDA to $2.2 billion-$2.5 billion and distributable cash flow from Cheniere Energy Partners(NYSEMKT:CQP) to $0.35 billion-$0.55 billion.
- [By Maxx Chatsko]
While numerous LNG export terminals dotting the Gulf Coast are in various stages of development, the first major facility and current largest producer is the Sabine Pass facility owned by Cheniere Energy Partners LP (NYSEMKT:CQP). The partnership is largely controlled and majority-owned by Cheniere Energy. That means the current 6.9% distribution yield is essentially funding the construction of the parent’s next export facility in Corpus Christi, although any investor seeking income can get in on the action.
- [By Reuben Gregg Brewer]
Cheniere Energy, Inc. (NYSE: LNG) is leading the United States toward a future that includes material liquified natural gas exports. The company’s controlled partnership,Cheniere Energy Partners, L.P. (NYSE: CQP), already has the Sabine Pass LNG export facility up and running, rewarding investors with hefty distributions. Cheniere Energy is still building another facility in Corpus Christi that’s kept the red ink flowing; however, if the impact of Sabine Pass is any indication, Cheniere Energy could be worth a deep dive.
Hot Financial Stocks To Invest In Right Now: Toro Company (TTC)
- [By Logan Wallace]
Toro (NYSE:TTC) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Toro (TTC)
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Hot Financial Stocks To Invest In Right Now: Aurinia Pharmaceuticals Inc(AUPH)
- [By Cory Renauer]
Shares of Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH),a clinical-stage biotech, are on the rise following the company’s first-quarter earnings report. Plans to expand voclosporin, the company’s lupus candidate, to a much larger indication inspired investors to push the shares 10.2% higher as of 1:03 p.m. Monday.
- [By Keith Speights]
That statement comes to mind when I think about Aurinia Pharmaceuticals (NASDAQ:AUPH). The potential for the clinical-stage biotech appears to be so great that getting greedy with the stock is tempting.
- [By Logan Wallace]
Isotechnika Pharma Inc. (NASDAQ:AUPH) (TSE:AUP) shares rose 6.7% during trading on Friday . The stock traded as high as $5.68 and last traded at $5.59. Approximately 54,590 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 429,596 shares. The stock had previously closed at $5.24.