Tag: Dip

India Gold Imports Dip After Brief Rebound as Prices Curb Demand

Gold imports had risen in July and August as jewelers readied stocks ahead of festivals.

Photographer: Sanjay Kanojia/AFP via Getty Images

Gold imports by India slumped in September after a short-lived rebound as high prices prompted buyers to defer purchases.

Inbound shipments into the world’s second-biggest bullion consumer fell 38% in September from a year earlier to 8.4 tons, according to a person familiar with the data, who asked not to be identified as the information isn’t public. Imports were down from 35.5 tons in August. Finance Ministry spokesman Rajesh Malhotra didn’t immediately respond to a call to his mobile phone.

Weak Appetite

India’s gold imports dip again in September

Source: India’s Finance Ministry Official

Imports had risen in July and August as jewelers readied stocks ahead of festivals. But demand has cooled as buyers hold off on purchases in a bet that prices

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RealSelf names new CEO as cosmetic procedure review business bounces back after pandemic dip

RealSelf CEO James Coyle. (RealSelf Photos)

RealSelf has a new CEO as the Seattle-based startup sees renewed interest in its cosmetic review platform.

The company promoted James Coyle to CEO. Coyle was chief operating officer since 2019, when he joined RealSelf after stints at Varsity Tutors, Sears, Amazon, Microsoft, and Siemens Healthcare.

RealSelf founder and former CEO Tom Seery is staying onboard as executive chairman.

“We will continue to work closely together shaping the business strategy and investments we’re making for the next phase of growth,” Seery told GeekWire.

Founded in 2006, RealSelf operates a Yelp-like marketplace business that helps people learn more about cosmetic procedures including botox, Invisalign, breast implants, and more. The company has millions of reviews and 20,000 registered doctors on its platform.

RealSelf cut staff in April due to the pandemic as most elective medical procedures were put on hold due to stay-at-home orders and medical

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Buy the dip in AAPL ahead of ‘iPhone 12’ launch, says Morgan Stanley

Morgan Stanley sees Apple’s recent stock weakness as a “constructive set-up” heading into the “iPhone 12” launch season, since key data points remain strong.

In a note to investors seen by AppleInsider, Morgan Stanley analyst Katy Huberty notes that AAPL shares are down around 20% since a peak in early September, underperforming the S&P 500 by about 12 points.

But Huberty sees the pullback and cautious hedge fund positioning as a positive for investors, since data points related to the expected “iPhone 12” launch are still strong.

For one, Morgan Stanley supply checks suggest that Apple is increasing its market share in both Europe and China, corroborated by an uptick in iPhone 11 builds in August. And other factors bode well for the launch of new 5G-equipped iPhones, Huberty added.

Apple has reopened 57 total U.S. retail locations in the prior four weeks. On Sept. 23, the company reopened

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Stocks Rally as Dip Buying Intensifies After Rout: Markets Wrap

(Bloomberg) — Stocks climbed as dip buyers appeared after the market slide and traders awaited developments on U.S. stimulus talks.

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After the close of regular trading, House Speaker Nancy Pelosi’s spokesman said that she talked with Treasury Secretary Steven Mnuchin Friday regarding a relief package, and they agreed to continue their conversation. Tech companies led gains in the S&P 500, while real-estate, industrial and consumer-discretionary shares rose at least 1.4%. Boeing surged on a news report the top U.S. aviation regulator plans to test-fly the grounded 737 Max on Wednesday. Carnival and Royal Caribbean Cruises rallied after being upgraded at Barclays, which said the “worst is in the past” for cruise companies. The dollar advanced.

The benchmark gauge of American equities still posted its fourth straight weekly drop — the longest losing streak since August 2019. Amid mounting signs that the pace of recovery will ebb with an

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Dow soars 359 points as investors buy the dip in tech stocks



a man standing in front of a computer: Xinhua/Wang Ying/ Getty Images


© Xinhua/Wang Ying/ Getty Images
Xinhua/Wang Ying/ Getty Images

  • Major US stock indexes climbed on Friday, driven by a surge in technology stocks.
  • Still, Friday’s increase wasn’t enough to lift them into positive territory for the week. Both the S&P 500 and Dow Jones industrial average notched their fourth straight weekly decline.
  • Equities have come under pressure in recent week as investors monitor rising COVID-19 cases overseas and in the US.
  • Putting additional pressure on stocks is Congress’ likely inability to pass another round of fiscal stimulus before the November election.
  • Watch major indexes update live here.

Stocks climbed on Friday, driven by the same sector that’s led markets lower over the past month: technology. Investors bought the dip and pushed major indexes firmly into positive territory after tepid trading in the morning hours.

Still, Friday’s gains weren’t enough to salvage a positive week. The S&P 500 and Dow Jones

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Markets are expected to be choppy, but dip buyers could be looking at tech favorites in week ahead

  • Stocks could continue to be volatile, but investors are likely to try to buy the dip in some favorite tech names.
  • Investors are also increasingly looking to the November election and worry there could be an uncertain outcome.
  • Fed Chairman Jerome Powell and Treasury Secretary Steven Mnuchin appear before Congress to report on coronavirus aid.



a man standing in front of a building: A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020.


© Provided by CNBC
A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020.

After another week of losses, tech could be at the heart of a tug of war as dip buyers look for bargains in some of their favorite names and others see the group as still too frothy.

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In the past week, the S&P 500 and Nasdaq were both down about 0.6%, the third losing week. It was the S&P 500’s

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Buy the September Dip in Facebook Stock



a close up of a logo: FB Stock Will Power Through Short-Term Headwinds


© Source: rvlsoft / Shutterstock.com
FB Stock Will Power Through Short-Term Headwinds

Red-hot tech stocks fell off a cliff heading into the Labor Day weekend. Facebook (NASDAQ:FB) stock was no exception. FB stock dropped about 7% in a matter of days.



a close up of a logo: FB Stock Will Power Through Short-Term Headwinds


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FB Stock Will Power Through Short-Term Headwinds

To be clear, this tech sell-off is nothing to worry about. It’s a totally natural and totally healthy valuation gut-check.

Tech stocks had simply come a long way over a short time. They had run into lofty valuation territory. Now, gravity has finally kicked in. They are coming back to Earth.

This sell-off will end, soon, because the fundamentals underlying tech stocks remain robust. That is, technology continues to disrupt every facet of our daily and professional lives, at an accelerated pace today because of Covid-19, and these companies’ influence, revenues and profits only project to

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Media Stocks Dip As Stock Market Plunges Amid Tech Drop

technology stocks.” data-reactid=”19″Several traditional media companies saw stock prices dip amid a market sell-off Friday that appeared to be driven by sharp drops by technology stocks.

Discovery Communications and Fox Corporation appeared to be two of the few outliers in Friday trading, with their shares up slightly even as the broader Dow Jones Industrial Average was off more than 445 points, or 1.5% and the Nasdaq fell more than 280 points, or 2.48%.

Amazon and Apple enjoying positive market sentiment despite the nation’s continued grappling with the coronavirus pandemic and massive unemployment. The stock market plunge began Thursday, when the S&P 500 tech sector saw its biggest single-day drop since March. Tech stocks have enjoyed a steady run-up in recent weeks, with the DJII hitting 29,000.” data-reactid=”21″The downturn comes after days of rallying prices, with tech stocks like Amazon and Apple enjoying positive market sentiment despite the nation’s

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