Jonathan Garber
Jun. 10, 2015, 1:52 PM
1,916
Aside from the inflation fueled Venezuela Stock Market Index, China’s Shanghai Composite is the top performing stock market in the world so far in 2015. The Shanghai Composite is up 58% year-to-date, and 151% year-over-year.However, if the bull market that occurred from July 2005 until October 2007 is any indication, the rally is just getting […]
Submitted by Lance Roberts via STA Wealth Management,This past week, Houston, where I live, was flooded by a torrential down pour. However, it was not the rain itself that was the problem, it was the surge in rivers that flow through Houston. As far away as Austin and Dallas, rainfall had already began to flow into the San Jacinto and […]
“If you want to see capitalism in action, go to Hong Kong.” ~ Milton FriedmanHong Kong has come a long way. As a British colony, it was described as a “barren rock” by former British foreign secretary and prime minister Lord Palmerston. Today, the Hong Kong Stock Exchange is the fourth-largest in the world. It will likely soon be the […]
Another quiet session in a week full of them. The S&P 500 gained 0.23% and the NASDAQ 0.38% as morning weakness was bought. This is a good sign again, but these gains are of a grinding nature. Existing home sales for April fell 3.3%, missing an expected 1% gain to 5.24 million units. Earlier in the week, reports showed home […]
BloombergFew people believe the U.S. market is in a bubble. After all, we’ve made all-time highs, numerous analysts have appeared on TV stating the bull market is just getting started, and according to sentiment indicators, complacency is at historic levels. Unfortunately, many investors believe the Fed will save the market, and that every dip is a buying opportunity.When almost no […]
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Just waiting for the market to wake up…
Enthusiasm for stocks by retail investors—a group as diverse as the retired schoolteacher in Peoria to the day trader in Miami—is becoming progressively more subdued as the stock market remains mostly range-bound, according to a survey by the American Association of Individual Investors.Bullish sentiment, measured by the number of respondents who believe the […]
Wait– is that the sound of that famous biotech bubble finally popping?Can’t say, dude. But biotechs are definitely losing steam these days, and the worst could be yet to come. Today, I’ll show you exactly what to do about it…We took profits on our big biotech trade earlier this month, booking double-digit gains on Biotech iShares (NASDAQ:IBB). IBB thundered nearly […]
“I would be very careful here,” said Kelly on Thursday’s “Fast Money.” “I can’t find too many faults with the quarter, but I’m just talking trading wise—don’t get too aggressive.”Adami echoed that view saying that it was best to start taking profits on the rise that the stock picked up from earnings.Seymour cautioned investors not to get too excited over […]
A new study by Zhi Da, Viola D. Hank Associate Professor of Finance at the University of Notre Dame, shows that the growth rate in industrial electricity usage negatively predicts next one-year stock market returns.“For example, if the industrial electricity usage this month is one percent lower than that in the same month last year, we predict the stock market […]
Study after study of the money managers who have had the best long term performance shows the same thing—-while the money managers made a lot of money over time, the average client lost money. This isn’t some sort of Ponzi scheme, it is because investors and advisers tend to buy into money managers or strategies when they are doing well […]
