MS

[dealmaker]

Morgan Stanley urges clients to pull out of one of market's hottest corners

The consumer-discretionary sector is the stock market's best performer of the last decade — but now it's time to consider taking profits, says Morgan Stanley Wealth Management. (Business Insider)

 

[ET180]

Morgan Stanley urges clients to pull out of one of market's hottest corners

The consumer-discretionary sector is the stock market's best performer of the last decade — but now it's time to consider taking profits, says Morgan Stanley Wealth Management. (Business Insider)

Take money out of consumer discretionary while at the same time upgrading Amazon to a $2500 price target causing Amazon to jump $65 in one day. No earnings, nothing fundamental about the company changed, just +3% on an analyst upgrade and FOMO. So much for efficient market theory.

 

[ET180]

And now AAPL up about $4 on news that Buffet bought more stock. Nothing fundamental about the company has changed since yesterday. There were no announced changes in company strategy or guidance. But it gets a higher valuation simply because a large and famous investor revealed that he bought more stock. You can find these examples on a daily basis. So much for efficient market theory.

https://www.zerohedge.com/news/2018...ause-iphone-enormously-underpriced-worlds-3rd

 

[Solo88]

And now AAPL up about $4 on news that Buffet bought more stock. Nothing fundamental about the company has changed since yesterday. There were no announced changes in company strategy or guidance. But it gets a higher valuation simply because a large and famous investor revealed that he bought more stock. You can find these examples on a daily basis. So much for efficient market theory.

https://www.zerohedge.com/news/2018...ause-iphone-enormously-underpriced-worlds-3rd

ET, can you check my reply to a post regarding using Etrade Pro on linux? I'm hoping you have tried it and can maybe help me clear up some questions I had regarding the coding of Gouzi's post. Thank you!

 

[ET180]

ET, can you check my reply to a post regarding using Etrade Pro on linux? I'm hoping you have tried it and can maybe help me clear up some questions I had regarding the coding of Gouzi's post. Thank you!

Hi Solo88, sorry, I have not used ETrade Pro.

 

[dealmaker]

Morgan Stanley sues six Illinois brokers who left for Stifel

Morgan Stanley has sued six brokers who left an Illinois branch of the firm last week to join competitor Stifel Nicolaus , alleging that they have been soliciting Morgan Stanley clients in violation of employment agreements. (Reuters)

 

[dealmaker]

Morgan Stanley has acquired Solium Capital for $900 million

Banking giant Morgan Stanley has confirmed the acquisition of publicly traded share plan management software company Solium Capital for $900 million in cash, per the FT. Calgary, Canada-based Solium is a global provider of software as a service for stock administration, financial reporting, and compliance. (Business Insider)

 

[dealmaker]

Morgan Stanley AUM up 4% for quarter despite $6.2B in net outflows

Morgan Stanley Investment Management had $480 billion in assets under management or supervision as of March 31, up 3.7% from three months earlier and up 2.3% from a year earlier. MSIM reported net outflows of $6.2 billion for the first quarter, vs. net inflows of $10.7 billion for the previous quarter and net outflows of $17.9 billion for the first quarter of 2018. (Pensions & Investments)