With the return of volatility to the stock market after a period of record lows, here are five stocks that have low volatility (with a beta under 0.5) and a strong performance in the quarter. A beta of less than 1 means that the stock is, theoretically, less volatile than the market. These stocks also […]
Category: Stocks Watch
Rising rates don’t have to doom stocks
Rising rates can be scary, especially for a stock market addicted to unbelievably low rates. The wild swings on Wall Street this month have been largely driven by fears about whether the rapid spike in Treasury rates will continue. Stocks slumped again on Tuesday as bond rates ticked higher. While rising rates typically slow the […]
Stocks making the biggest moves premarket: WMT, HD, QCOM, GE, GM, HSBC, AAPL & more
Check out which companies are making headlines before the bell: Walmart – The retail giant missed estimates by 4 cents a share, with adjusted quarterly profit of $1.33 per share. Revenue and comparable-store sales did beat forecasts, however. Walmart’s full-year forecast for earnings is $4.75 to $5.00 per share, compared to the consensus estimate of […]
Walmart’s Plunge Sinks Retailers, Breaking Streak for Stocks
The biggest drop in Walmart’s stock in 30 years and losses in other sectors pulled U.S. indexes lower Tuesday, snapping a six-day winning streak. The losses deepened in the last hour of trading into a broad sell-off that erased early gains led by technology companies. Walmart plunged 10 percent after reporting weak online sales and […]
BlackRock upgrades outlook for U.S. stocks on earnings momentum
The world’s biggest asset manager BlackRock Inc (BLK.N) upgraded its view on U.S. stocks, citing very strong earnings momentum, while cutting European stocks to neutral. In a note on Monday, BlackRock’s global chief investment strategist Richard Turnill pointed to tax cuts in the United States and government spending plans as driving earnings growth and said […]
BlackRock is suddenly a lot more bullish on US stocks with tax cuts ‘supercharging’ corporate profits
BlackRock strategists have turned increasingly bullish on U.S. stocks, raising them to overweight because fiscal stimulus is “supercharging U.S. earnings growth expectations.” Kate Moore, BlackRock’s chief equity strategist, said that the firm thinks “the fundamental story is the best it’s been, which is surprising given how far we are into this cycle.” Even though the […]
World stocks break recovery streak with U.S. and China closed
World stocks were set to post their first loss in five days on Monday, breaking a winning streak that saw them recover almost half their losses from a violent sell-off two weeks ago. In a day of relatively quiet trading owing to market holidays in the United States and China, losses in Europe weighed on […]
Asian stocks slip after European surge fades, dollar extends bounce
Asian stocks slipped on Tuesday, their recent recovery stalling after European equities broke a winning streak, while the dollar edged further away from three-year lows. Spreadbetters expected a mixed start for European stocks, with Britain’s FTSE seen rising 0.1 percent, Germany’s DAX dropping 0.1 percent and France’s CAC dipping 0.07 percent. MSCI’s broadest index of […]
Stock market extends weekly loss by 1.13%
Following sustained profit takings, the NSE All-Share Index and market capitalization depreciated by 1.13 per cent to close last week at 42,638.83 and N15.302 trillion respectively. Similarly, all other indices finished lower last week with the exception of the NSE Pension Index that appreciated by 0.08 per cent, while the NSE ASeM Index closed flat. […]
Walmart, Home Depot — What you need to know for the week ahead
After their worst drop in two years, stocks bounced back with the Dow and the S&P 500 gaining all five days to gain more than 4% on the week. The tech-heavy Nasdaq, which was the only losing among the major averages on Friday, paced gains for the week, rising 5%. In the week ahead, a […]
Dems hit stock buybacks in tax law fight
Democrats are emphasizing companies’ stock buybacks to help make their case against the GOP tax law ahead of the midterm elections. The law is becoming more popular with the public and companies are touting employee bonuses, putting Democrats in a tough spot. That’s led them to highlight stock repurchasing announcements, which they say show the […]
How to keep your common sense when the stock market takes a wild ride
So the stock market once again has gone through the wringer. It won’t be the first sudden tumble and it won’t be the last. No two retreats are exactly the same, but most fit within certain patterns. The details always are different, but common themes often repeat. One thing to remember is that periodic market […]