Robin Hood Investors Conference

On November 28 and 29, 2016, various prominent policy experts, financial leaders, and fund managers such as Jamie Dimon, Whitney Tilson, Ray Dalio, Stanley Druckenmiller, David Einhorn, Jonathan D. Gray, and Samantha Greenberg shared their views on market (QQQ) (SPXL) and investment ideas at the Robin Hood Investors Conference in Brooklyn, New York.

Ideas from Hedge Fund Managers at the Robin Hood Conference

Market overview

On November 8, 2016, US citizens elected Donald Trump as their next president. Before the announcement of the election’s outcome, global markets showed huge sell-offs. After the announcement of the outcome, S&P 500 futures (SPY) and Dow futures recovered, closing on positive notes at the end of the day.

However, other developed markets (EFA) and emerging markets (EEM) (VWO) closed on negative notes. At present, the US market is showing strong movement.

As the global market is still showing some nervousness, investors are worried about their investments in various asset classes. Market participants and business houses are expecting huge policy changes under Trump’s presidency.

The Federal Reserve’s possible December rate hike is another event looming over the current investment scenario. Focusing on all these parameters, prominent fund managers provided their best investment ideas at the Robin Hood Investors Conference. Going forward in this series, we’ll discuss these investment ideas.

In the next part of this series, we’ll discuss the investment ideas provided by David Einhorn.

Latest articles

Broadcom (AVGO) stock fell ~8.5% after markets closed yesterday following the semiconductor giant's fiscal 2019 second-quarter earnings release. It missed analysts' revenue estimate and cut its fiscal 2019 revenue guidance by $2 billion to $22.5 billion due to sluggishness in its semiconductor solutions business.

The SPDR Gold Shares ETF (GLD), which tracks physical gold prices, has underperformed the broader markets year-to-date, rising just 4.4% compared to the S&P 500’s (SPY) gain of 15.9% as of June 14. The sentiment for gold, however, has been turning around.

Safe havens such as Treasuries and gold were back in favor on June 14 as stocks fell due to rising tensions in the Middle East, concerns over growth, and the looming threat of the US-China trade war. The tech-heavy Nasdaq Composite Index fell 0.67% in the first hour of trading.

Lululemon (LULU) stock rose 2.1% on June 13 in reaction to better-than-expected first-quarter results and an upgraded outlook for fiscal 2019 overall. The company's first-quarter adjusted EPS grew 34.5% to $0.74 on revenue growth of 20.4% to $782.32 million. Analysts had expected EPS of $0.70 and revenue of $755.31 million. Here's why the outlook got an upgrade.

14 Jun

IEA Again Slashes Its Oil Demand Growth Estimate

WRITTEN BY Rabindra Samanta

As of 4:40 AM Eastern Time today, US crude oil active futures were at $51.83, ~4% below their closing level in the previous week. If US crude oil prices stay at those levels today, they'll mark their third week of decline in five weeks.

Amazon is discontinuing its Amazon Restaurants service, which has been delivering food for restaurants in parts of the United States. Amazon Restaurants launched in the United States in 2015 and entered the British market the following year. However, it met strong opposition in the British market.