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Company Focus: Nigh Owl Capital Management

A hike of 50.7% was encountered in Night Owl Capital Management LLC’s SPDR S&P 500 ETF Trust for Q3 2018. This bolstered its company stock earnings to 1,468 shares following its 494 share acquisition.  Its recent filing with the SEC showed its SPDR S&P 500 ETF Trust being valued at $427,000.

A decrease in stake in Visa was also made by the firm in the same quarter by 1.64% and Mastercard by 1.54%.  With the 4.30% market decline, the company sold 3,603 shares.

General Electric: Looking Ahead

General Electric

According to Miller Tabak Equity Strategist Matt Maley, the company is now “roaring back” from its fiscal crisis of $6.66.  He said:

“We were able to hold that 2009 low and that should … limit the downside at least over the near term. However, we’re going to have to see a lot more work and a lot more action in this stock before we can say the worst is behind it for sure [with the stock jumping to $7.72 per share]. The stock fell so far, so fast that any resistance level, for instance, its 50-day moving average and its trend line for 2018, they are much higher than where the stock is now, 25 to 35 percent higher.  When you want a stock to really confirm that the worst is behind it, you want to see it break a few resistance levels.”

CEO of Chantico Global Gina Sanchez said:

“We’ve seen a pretty big Hail Mary in terms of their determination to restructure the firm and to restructure the outlook for where they’re going to put their focus but that’s something that takes years to build out.  For the time being, it has to survive the negative headlines, and a liquidity crunch is not the kind of negative headline that you want to have, an SEC probe is not the kind of negative headline you want to have, so we’re not out of the woods.”

Top 2019 Investments

Watch investments grow

As we come to the end of 2018 and complete our fiscal statements for the year, it’s a good time to start looking at possible investment options for next year. And with a quick scour of the net, one can find a variety of individual experts giving their personal preferences as to the best way forward.

One example of this was Michael Shustek’s recent article.  As the CEO of The Parking REIT, he has four areas he believes we should be focusing on.  These are: Stocks (with an evaluation of fee structures in mutual funds), real estate (direct rental property ownership to private placements and REITs); cash(hold on to what you can) and yourself (keep adding skills and knowledge and become more of an asset to your company or employer).

Another example is suggestions given by Charles Lewis Sizemore. These He promotes: emerging markets since

“the short-term outlook for emerging markets is cloudy, particularly with Chinese growth slowing. And you should never put a large chunk of your portfolio in something as volatile as emerging market stocks. But given the outlook on the sector, it might make sense to have at least a modest piece of your portfolio invested in emerging-market stocks,mutual funds or exchange-traded funds.”

He also suggests investing more in value stocks based on findings from the Dimensional Fund Advisors (DFA).  Between 1926 and 2016 the DFA saw that large-cap growth stocks returned about 9.6% per year, (only a fraction higher than the S&P 500’s 10.3%). But large-cap value stocks returned 12.5%; such seemingly miniscule amounts actually add up to significant gains over time.

Sizemore also believes in alternative investments – which actually covers a broad spectrum from commodities, to cryptocurrencies and more and by focusing on this strategy one is provided with the opportunity to use their existing assets differently – “alternatively” if you like.

And again, like Shustek, Sizemore believes in oneself as an investment as there is nothing quite like “rolling up

[your]

sleeves and getting to work” to help you in your long term financial success.

STS Capital Partners

In 2013, a group of accomplished finance-industry executives joined together to create STS Capital Partners.  An M&A advisor, today the investment banking firm also counsels clients on divestitures and project financing, within a wide range of industries including: construction, manufacturing and distribution, pharmaceuticals, real estate and tourism.

But it’s not just business with the firm.  Founder Rob Follows, makes time for charitable endeavors as well. One example that stands out is his climbing of mount Everest to raise funds for Altruvest Charitable Summits.  In addition, Managing Director at the firm Gayle Pearce established Abundant World Foundation – a charitable entity which “partners with visionaries who transform scarcity into abundance.”  Today, STS also takes a principal role in the support of the work undertaken there.

Recent Company Hires

Financial services firm HSBC and technology payment protocol and exchange network company Ripple Labs Inc. have made some new hires in their offices.

Olivier Herregods is joining HSBC from Credit Suisse in the capacity of European head of rates trading.  In his new position he was be the principal of flow rates for Europe, the Middle East and Africa.  He comes to HSBC with over a decade-and-a-half at the bank as well as having been OTCDerivNet director for five years.

Amir Sarhangi is leaving his position as Vice President of Products at Google to start a new job with Ripple Labs Inc. There, he will lead the company’s endeavor to create RippleNet – an international payments network. His previous executive positions include his own startup Jibe Mobile, which was acquired in 2015 by Google, at which point he joined Google.

The Best Bank?

This year’s number 1 title of World’s Best Banks ranked by Global Finance was DBS Bank.  It was a well deserved recognition given that it is “the first institution from either Singapore or Asia as a whole to receive the top honor,” using technology to make banking much more efficient in the region.

When it comes to employee satisfaction working at the bank, Morgan Stanley is currently taking the lead.  As one staff member said: “This place is good for people with children who want to go home to their wife.”  Goldman Sachs ranked number two in this survey, scoring 3.5 in tech rating and 3.8 overall.

For the average bank customer, digital banks are faring well.  According to data from Bankrate, digital banks Ally and Barclays are offering nearly 2 percent annual return – a stark difference from the “better savings yields” offered by one’s average savings account.

And when it comes to the Top 100 Banks on Twitter Q3 2018, these are the banks to look out for!