Akin Oyedele
Mar. 25, 2015, 5:45 PM
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Screenshot via Bloomberg TVDavid RosenbergIt was a rough day for stocks.In a note to clients on Wednesday, Gluskin Sheff’s David Rosenberg took a step back to highlight four of the biggest obstacles facing the bull market.Here’s what Rosenberg outlined:Earnings momentum has slowed. Bottom-up consensus forecasts for S&P 500 operating earnings growth in the first quarter have […]
Myles Udland
Mar. 25, 2015, 2:55 PM
2,690
Flickr/Gonzalo IzaBiotech investors have been here before.Stocks are lower on Wednesday and the high-flying biotech sector is leading the way down, with the iShares ETF that tracks the sector falling more than 3%. And as the sector has weakened over the last several days, this sell off is starting to look at lot like the sell […]
Myles Udland
Mar. 25, 2015, 2:55 PM
2,734
Flickr/Gonzalo IzaBiotech investors have been here before.Stocks are lower on Wednesday and the high-flying biotech sector is leading the way down, with the iShares ETF that tracks the sector falling more than 3%. And as the sector has weakened over the last several days, this sell off is starting to look at lot like the sell […]
Akin Oyedele
Mar. 23, 2015, 2:21 PM
1,194
Biotech stocks are on fire.That’s given some analysts flashbacks of 2000, when tech valuations were red hot, but it didn’t end well because they crashed.Michael Batnick over at The Irrelevant Investor posted this chart Monday that compares the rally in tech stocks then to biotechs in recent years.He describes the biotech rally:”In the 168 weeks since […]
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Remember when Federal Reserve Chair Janet Yellen said that social media and biotech stocks seemed pricey during a July 2014 testimony to Congress? “…Valuation metrics in some sectors do appear substantially stretched—particularly those for smaller firms in the social media and biotechnology industries, despite a notable downturn in equity prices for such firms early in the year,” she said.On Twitter, […]
Screenshot via Bloomberg TVLiz Ann SondersFA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Stocks are rallying despite the drop in earnings expectations (Charles Schwab)Charles Schwab Chief Investment Strategist Liz Ann Sonders notes, “History shows that market valuation doesn’t necessarily matter…until it does.” S&P 500 forward earnings-per-share growth has turned negative […]
The stock markets have delivered a verdict against Narendra Modi’s big budget – Quartz
Not excited.(Reuters/Danish Siddiqui)
SHAREWritten byMadhura KarnikFebruary 28, 2015This post has been updated after the markets closed.After a volatile day of trading, the Indian stock markets closed 0.43% higher than the previous close. The improvement in the market sentiment only surfaced towards the end, when investors erased losses.The Sensex […]
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Stock prices relative to earnings are very expensive. This is reflected by the high price-earnings (PE) ratio.One closely-followed version of the PE ratio is Robert Shiller’s cyclically-adjusted price-earnings (CAPE) ratio, which is calculated by taking the S&P 500 and dividing it by the average of ten years worth of earnings. If the ratio is above the long-term average of […]
Portia Crowe
Feb. 23, 2015, 4:57 PM
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Credit SuisseSee AlsoThe German pizza arbitrage is over for the SwissBARRON’S: For Nasdaq 5,000, this time it’s differentGOLDMAN: Here are the 18 stocks that hedge funds love the mostSex sells. So do booze, guns, and tobacco.In its new Global Investment Returns Yearbook, Credit Suisse compared two mutual funds that launched around the same time in […]
Akin Oyedele
Feb. 23, 2015, 2:14 PM
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Most of the world’s largest stock markets are dominated by a few industries.In contrast, the US has the most diverse range of industries that investors can pick from.According to Credit Suisse’s Global Investment Returns Yearbook for 2015, the three largest industries in 42 of the countries in the FTSE all world index make up at […]
