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News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

The 9 stocks that matter most to hedge funds (Business Insider)

Here they are: the hedge fund darlings of Q3.

Goldman Sachs recently updated its Very Important Position list of stocks that appear the most among the funds' largest 10 holdings.

Pound Due the Calm After the Storm as Brexit Effect Overshadowed (Bloomberg)

After a torrid few months, the omens are lining up for a calmer time ahead for the pound.

Sterling volatility, which surged to a post-financial-crisis high after Britain voted to leave the European Union, has fallen to the lowest since early October.

Italian ‘Yes’ Vote Won’t Solve Nation’s Problems, Investor Says (Bloomberg)

A win for Italy’s Prime Minister Matteo Renzi in next month’s constitutional reform referendum won’t necessarily lead to a straightforward, positive outcome for the nation’s bonds, according to ABN Amro Private Banking.

What the Trump presidency could mean for sneaker prices (Business Insider)

If President-elect Donald Trump has made anything clear about what he plans to do once he takes office, it's that he wants to make some changes to trade.

When Small Business Gets Organized, The World Will Change — For The Better (Business Insider)

The election is over and we have a new president-elect. When I polled my online audience in October about who they would vote for in the upcoming contest, two-thirds of our respondents said Trump, while 13% chose Clinton.

Online Sales Soar, Brick-And-Mortar Stores Sink Over Holidays (Reuters)

Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year, as stores offered discounts well beyond the weekend and more customers shopped online.

This is what a Trump presidency means for the US auto industry (Business Insider)

Donald Trump won the presidency by winning the American heartland, the bastion of the US auto industry. Ohio went for the Republican candidate, and in a real shocker, Michigan continues to lean Trump.

Thanksgiving, Black Friday store sales fall, online rises (Reuters)

Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year, as stores offered discounts well beyond the weekend and more customers shopped online.

4 Ways To Survive A Dreaded IRS Audit (Forbes)

There are certainly horror stories in which IRS audits have led to the closure of businesses.  Yet these are really worst-case scenarios.  The fact is that audits are fairly routine for businesses and can be resolved quickly.

Towards An 'America First' Trump Trade Policy (Buchanan.org, Zero Hedge)

Donald Trump’s election triumph is among the more astonishing in history.

Yet if he wishes to become the father of a new “America First” majority party, he must make good on his solemn promise.

Technology

Lego, iPad Drive Record Online Sales on Black Friday, Adobe Says (Bloomberg)

U.S. consumers spent a record $3.3 billion online on Black Friday, scooping up everything from Lego sets to Apple iPads, according to Adobe Systems Inc.

Uber and Lyft drivers share their 11 best ride-hailing hacks (Business Insider)

Hitching a ride from a complete stranger doesn't have to be scary or terrible.

In fact, if you know some of the unwritten rules of ride-hailing apps like Uber or Lyft, you can all but guarantee a pleasant journey.

Common Google Pixel Problems And The Solutions To Deal With Them (Digital Trends)

So you’re having a few problems with your new Google Pixel? There’s no need to panic. All smartphones, especially new ones, have their fair share of issues, bugs, and glitches, from the unique to the familiar.

'Deus Ex Go' is now ready for your puzzle creations (Engadget)

If you've ever wanted to create puzzles for mobile games rather than playing whatever the developer gives you, you're about to have a field day. Square Enix has released a promised Puzzle Maker update for Deus Ex Go that lets you craft your own challenges on Android and iOS.

This Tool Can Help You Disappear from the Internet (Fortune)

Between election bilefake news, and just plain exhaustion, we may be entering a down cycle for social media. If you’re interested in downsizing your online footprint, a tool called Deseat.me could be a huge help – though it’s not quite a one-shot “unplug me” app.

Japan Is Planning To Build The World's Fastest Supercomputer (Digital Trends)

It’s already one of the most technologically advanced countries in the world, what with its robotic hotels and its typhoon-powered wind turbines, and now, Japan is looking to further cement its position at the forefront of digital innovation.

What happens when bots start writing code instead of humans (Venture Beat)

Software development has gone through massive paradigm shifts over the past decade. Once limited to developers with years of study or access to expensive servers, web development has now become a trade where bootcamps crank out developers in a matter of weeks. 

Ravenous Bacteria Eats Poop and Produces Power (Gizmodo)

Researchers at Ghent University have hit on a method of harvesting energy from raw sewage that treats the wastewater without using external electricity. It’s all thanks to starving bacteria. Although this method is still in its lab testing stage, industry leaders are already interested in utilizing it.

Politics

Donald Trump Slams Jill Stein Recount Effort: ‘This Is a Scam’ (Fortune)

“This is a scam by the Green Party for an election that has already been conceded.”

Hillary Clinton's campaign says it will take part in recount effort despite no 'actionable evidence' of foul play (Business Insider)

Hillary Clinton's campaign said Saturday that it will take part in a vote recount in Wisconsin initiated by Jill Stein

Swiss President Expects Immigration Plan Referendum Challenge (Bloomberg)

A bill currently before the Swiss parliament to bridge an immigration impasse with the European Union may be challenged by a referendum, according to the country’s president.

A Candidate Rises on Vows to Control Islam and Immigration. This Time in France. (NY Times)

A patriotic sea of supporters, waving red, white and blue flags, greeted the newly ascendant presidential hopeful François Fillon this week at a soulless conference center in this suburb of Lyon.

NATO's second-largest military power is threatening a dramatic pivot to Russia and China (Business Insider)

Turkey is looking into joining a Chinese- and Russian-led alliance known as the Shanghai Cooperation Organization, Turkish President Recep Tayyip Erdogan told reporters on Sunday at the end of his official tour of Pakistan and Uzbekistan.

French Communist Party Votes to Support Melenchon for President (Bloomberg)

France’s Communist Party members voted to back Jean-Luc Melenchon in the 2017 presidential election, a key step in the former Socialist’s effort to win power next year.

Trump and Putin: What is to be done? (The Huffington Post)

The true nature of the relationship between the Russians and President-elect Donald Trump may never be fully known. What is clear is that the framework for a new relationship is more complicated for the Trump team than it has been for any of their predecessors in the past quarter century.

France votes for center-right candidate – and perhaps next president (Reuters)

Former prime ministers Francois Fillon and Alain Juppe go head-to-head on Sunday in a runoff vote for France's center-right presidential nomination, with the winner likely to face a showdown against a resurgent far-right in next year's election.

How Trump, With No Mandate, Could Change Washington More Than Reagan Did (Politico)

It was one of the most definitive “realigning” elections ever. The challenger defeated an incumbent president by 10 percentage points, winning 44 states and 489 electoral votes.

Health and Biotech

A Shot against Cancer (Scientific American)

If Michelle Boyer had received her diagnosis of advanced and aggressive skin cancer in 2010 instead of 2013, she would almost certainly be dead by now. Melanoma, the most lethal form of skin malignancy, had spread from a mole on her back to her lungs, and she knew her prognosis was grim.

Life on the Home Planet

Watch a US-led airstrike destroy an ISIS position as the battle for the group's last Iraqi stronghold rages (Business Insider)

For more than five weeks Iraqi forces, accompanied by Kurdish peshmerga and Shiite militias, have attacked ISIS positions in and around the city of Mosul in northern Iraq.

Half a Million Children Are Trapped in Syria, United Nations Says (NY Times)

With violence escalating in Aleppo and elsewhere across war-ravaged Syria, the United Nations said Saturday that the number of children trapped in besieged areas had doubled in less than a year to half a million.

Army Corps Orders Dakota Access Pipeline Protesters to Vacate (TIME)

People protesting the construction of the Dakota Access Pipeline will be required to vacate property north of the Cannonball River or face trespassing charges, the U.S. Army Corps of Engineers said Friday.

Syrian army recaptures part of rebel-held east Aleppo (The Guardian)

The Syrian army has claimed control of an important district in rebel-held eastern Aleppo after fierce fighting, with rebels blaming intense air strikes and lack of hospitals for their collapsing frontline.

Libyan forces face deadly Islamic State defense in Sirte holdout (Reuters)

Forces led by fighters from the city of Misrata and backed by U.S. air strikes have taken all but a few dozen houses near Sirte's Mediterranean seafront since they began their campaign to recapture the city in May.

 

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