Who will tell me when to sell ahead of everyone else?A Tale of Two Bubbles:Biotech and FrackingLast July, Janet Yellen said that Biotech was overvalued. Right after that, fracking stocks crashed totally “unexpectedly”, to the tune of trillions (including the debt). Everyone said “that’s odd, I wonder why that happened?”.So after that, momentum chasers stopped investing in ‘Energy Indepedence’ with […]
Nasdaq closed above the 5000 mark for the first time since Mar 2000 boosted by a new deal in technology sector. The Dow and the S&P 500 also touched record highs as the US economy is seen to be gradually picking pace. Markets ended in the green, despite reports of slowdown in manufacturing activity and consumer spending. Meanwhile, interest cuts […]
Investors have a lot to cheer about these days. The bull market is now six years old, the major stock market averages have hit new all-time highs, and most major companies seem to be raising their dividends year after year. That is the case for most companies, but certainly not all. In fact, some major outfits have been forced to lower their […]
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Small Cap Health Care & Biotech Leading The Way In 2015 Thus FarHealth Care/Biotech Names Still DominatingThe average stock in the Russell 3,000 (which makes up roughly 98% of US-listed stocks) is now up 1.68% in 2015. Below we have calculated the average year-to-date performance of stocks by sector. As shown, Health Care (XLV) (IBB) stocks are up by far […]
Markets rebounded on Friday to register solid gains as Eurozone’s officials approved a four-month extension to Greece’s bailout program. However, another decline in oil prices weighed on energy shares, which in turn eroded some gains. The Dow finished at a record high for the first time this year, while S&P 500 hit the same for the third time. Meanwhile, the […]
Benchmarks finished Thursday’s session mostly in the red as oil prices dropped and deadlock over Greek debt deal continued. While decline in oil prices dragged energy shares down, Germany’s rejection of Greece’s request for loan extension unnerved investors. However, the Nasdaq settled in positive territory banking on gains among chipmakers and bio-tech stocks. Priceline’s upbeat quarterly results also helped the […]
Linkedin0Facebook0Google+0EmailPrint1VANCOUVER – Ivanhoe Energy Inc. (TSX:IE) stock has been suspended as the company works to renegotiate its debt obligations and sell assets under the Bankruptcy and Insolvency Act.The company, which has been focused on developing and using a proprietary upgrading process for heavy oil, said Friday that it’s seeking a 30-day court order to protect it from creditors. Ernst & […]
Benchmarks ended mostly lower on Wednesday after Fed minutes showed officials debated the effects of hiking interest rates from near zero level. While “many” officials said premature rise in interest rates will hamper U.S. economic recovery, “several” officials opined delaying the same will result in high inflation. Meanwhile, a drop in oil prices dragged energy shares down. While the S&P […]
Not many investment pros managed to dump their oil stocks before the price of crude started plummeting last year, but prescient investors who did obviously escaped heavy losses. The big question: Where did they invest the proceeds for greater future gains?One top-ranked money manager, Graham Tanaka, president and senior analyst and portfolio manager at TANAKA Growth Fund (TGFRX), was one […]
In a repeat of a dynamic that dominated trading early last year, investors piled into stocks Thursday as Russia signed up for another cease-fire deal in Ukraine while negotiations between Greece and the European establishment suddenly became less acrimonious. While no deal has been announced, the bureaucrats have been making noises about agreeing to the outlines of an agreement which, […]
