NASDAQ leads -up 0.6% to 4787
The October correction of ~7% was a “headfake” as macro events scared many investor away
Technology and Healthcare Stocks Lead The Way
The healthcare SPDR (XLV) is up 24.5% YTD and the technology SPDR (XLK) is up 18% YTD.
Biotech stocks are at new highs with all major ETFs rallying in November. Our top ETF pick FBT is […]
The past five-plus years have made for some amazing returns for equities investors. Here are some cold hard facts to put the rally into perspective.1. The S&P 500′s Price-to-Sales Ratio Has Never Been HigherMost people have heard of the S&P 500′s price-to-earnings ratio, or perhaps the more accurate Schiller ratio. What many investors aren’t aware of is the lesser-known price-to-sales ratio. […]
With warmer weather arriving to melt the early snowfall across much of the country, investors seem to be catching a severe case of holiday fever and positioning themselves for the seasonally bullish time of the year. And to give an added boost, both Europe and Asia provided more fuel for the bull’s fire last week with stimulus announcements, particularly China’s […]
Policy Issues; Ag Economy; Trade; Tax Extenders; Regs; Biotech; and, ImmigrationCategories: Agricultural Economy /Farm Bill /Immigration /Regulations /TradePolicy IssuesBill Tomson reported yesterday at Politico that, “‘It’s never too early to start on the next farm bill,’ said Rep. Mike Conaway, the next chairman of the House Agriculture Committee.“The Texas Republican, whose position in the top agriculture post was confirmed Tuesday by […]
Sam Ro
Nov. 19, 2014, 3:59 PM
1,466
JP MorganA country’s stock market and its economy are far from being the same thing (Read LPL Financial’s write-up on the matter.)One big reason for the discrepancy is that many of the companies that make up a stock market engage in business overseas.This chart from JP Morgan highlights just how much of a country’s stock […]
Akin Oyedele
Nov. 17, 2014, 6:32 PM
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Screenshot via Bloomberg TVDavid RosenbergSee AlsoROSENBERG: Bear Markets Don’t Just Happen — They’re Caused By These Two ConditionsMORGAN STANLEY: Here Are The 45 Best Stocks For The Long Run6 Hustles Warren Buffett Used To Make $53,000 By Age 16Gluskin Sheff’s David Rosenberg doesn’t see a bear market in stocks any time soon.But this doesn’t mean […]
Low-cost airline Virgin America made an impressive debut on Nasdaq under the symbol ‘VA,’ riding on the favorable conditions prevailing in the U.S. aviation sector. Shares of the company jumped 30.43% ($7) to close at $30 on Nov 14. The company, partly owned by British billionaire investor Richard Branson, raised $307 million through the offering. Virgin America plans to use […]
Thomson ReutersHong Kong Exchanges and Clearing Ltd. Chairman Chow Chung-kong and Hong Kong Chief Executive Leung Chun-ying smile after hitting a gong during the launch ceremony of the Shanghai-Hong Kong Stock Connect in Hong KongSee AlsoThe Weekend Is Over, And Japan Is Going DownA 24-Year Old Streak In The Korean Auto Market Has EndedEconomists React To Japan’s Awful GDP ReportSHANGHAI […]
Quick question: Has 2014 been an up year or a down year for U.S. stocks?Chances are good that, if you anchor your view of the market to the Standard and Poors 500 Index or the Dow Industrials, you’d answer correctly that it’s been an up year. Less well appreciated is that the smallest capitalization stocks (IWC) are actually a bit […]
Benchmarks finished Wednesday’s choppy trading session little changed as investors weighed a series of new developments. Global regulators fines on major banks, drop in oil prices, and the U.S and China’s effort to curb carbon emissions had a negative impact on financial, energy and utility sectors, respectively. On the other hand, upbeat earnings from retailers helped the consumer discretionary sector […]
