The superrich are selling stocks, buying properties and keeping cash ready

The superrich blueprint to navigating this hairy stock market: Tap the brakes and get ready to pounce when it all goes to hell.In the first quarter, Tiger 21, a coalition of 750 members worth in excess of $75 billion, raised cash to levels not seen since 2013. Not much changed in the second quarter in terms of keeping powder dry. The group’s holding 12% in cash.

Need to Know starts early and is updated until the opening bell, but sign up here to get it delivered once to your email box. Be sure to check the Need to Know item. The emailed version will be sent out at about 7:30 a.m. Eastern.The buzz The country, of course, is still reeling from the back-to-back mass shootings that killed 29 people.

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Yea because the public has access to what the rich have

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Chinese stocks are tumbling, but these two names could be a buyChina's BATS stocks — Baidu, Alibaba, Tencent and Sina — have lost double-digits in the past week as the trade war has boiled over. Two of those are a potential buy, Oppenheimer says. TradingNation Why is BATS even a thing still? $BIDU’s market cap is only 9% of both $TCEHY and $BABA. Won’t even get into $SINA. It’s really just AT now.
Fuente: CNBC - 🏆 12. / 72 Leer más »

'Not yet over' — Stocks have further to fall before the selling subsides, say chart analystsExperts point out that while the market has dropped sharply, it still has a long way to go before a sustainable bottom can be reached. Buy Litecoin safe your future. technicals
Fuente: CNBC - 🏆 12. / 72 Leer más »