Foreigners bought a record $384 million of Saudi Arabian stocks on a net basis last week, showing international interest in the market is continuing to grow ahead of the planned listing of oil giant Saudi Aramco in Riyadh late this year or early next. Foreign investors purchased $615 million of stocks and sold $231 million […]
Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past. Traders were also anxiously awaiting surveys on global manufacturing for April to see if economic softness […]
Two of the three long recommendations from last Sunday, Intel (-0.6%), Microsoft (+2.1%) and Amazon (+5.7%) rose in the last week. Tesla, from the April 8th post, was a short on Friday, the 13th. Tesla fell by 3.7% after Friday the 13’s close. Wednesday, the 18th, was likely a short-term high. There are many earnings […]
Asian stocks traded mostly lower on Monday, as investors kept an eye on rising U.S. Treasury yields and digested declines in technology stocks seen stateside. The Nikkei 225 shed 0.28 percent while the broader Topix was flat. Among sectors, insurers, banks and shippers traded in positive territory, while technology was a mixed bag. Elsewhere, the […]
One of the market’s biggest bulls is urging investors to concentrate on fundamentals instead of the noise associated with geopolitical risks. Oppenheimer’s John Stoltzfus notes stocks are showing “remarkable resilience” in an environment that bodes well for gains. “Stocks have gotten through this period in relatively good shape considering we’ve had two separate 10 percent […]
When it comes to retirement strategy, most experts counsel some form of buy and hold investing. But there’s a catch: buy and hold investing can be quite difficult. After all, trying to pick winners in the stock market five years from now isn’t easy. Trying to pick the winners two or three decades now from […]
In the early stages of an uptrend, it’s hard to tell just how far a stock will rally. Sometimes these trends are short-lived and “only” give us a 10% return. Other times though, these trends are good for several years and return 100% or more. Telling the difference in the beginning is tough and too […]
Limiting the research to just those stocks listed on the New York Stock Exchange — and which seem to qualify as “value” stocks based certain qualities inherent in the old school Benjamin Graham-style criteria –here are 4 that look intriguing: Seaspan Corporation is a Hong Kong based shipping company now trading at half its book […]
General Electric – GE beat estimates with adjusted quarterly profit of 16 cents per share, 5 cents a share above estimates, with revenue also beating forecasts. CEO John Flannery said GE is seeing signs of progress in its performance, with aviation, health care, and transportation all growing. Flannery does say that conditions in the power […]
A solid start to earnings season helped push share prices higher earlier this week, and the Standard & Poor’s 500 index crept toward 17 times forward earnings estimates. A handful of shares remain deeply discounted, however. A recent search for stocks selling for around half or less of the index’s valuation turned up just over […]
The market may have faced a brutal decline on Friday led by the stock of Apple, but CNBC’s Jim Cramer knows investors could handle a dip in the stock of the world’s largest company. “And we can handle the yield on the 10-year Treasury surging ever closer towards 3 percent. But we can’t handle both in the same day,” the […]
U.S. stocks extended losses in late trade to end lower on Friday, as weakness in technology and consumer staples shares offset the latest batch of corporate earnings, which largely continued to beat expectations. The selling pressure intensified as the yield on the 10-year Treasury note hit a more-than-four-year high. The main benchmarks still posted modest […]
