Facebook, Acuity Brands Added To Goldman's Focus List by TheFly Goldman Sachs added Facebook (FB) and Acuity Brands (AYI) to its Focus List today, calling the social network operator an "asset-light tech disruptor," while seeing the lighting solutions provider as benefiting from the "emerging low carbon economy." FACEBOOK 'MOAT EXPANDING': Facebook has "a large, sticky user base" that should enable it...
Gold Stocks' Massive Correction by Adam Hamilton Gold stocks (HUI) (GDX) (GDXJ) have suffered a terrible month, plunging in a serious sell-off. The resulting carnage has left investors and speculators shaken, wondering if this red-hot sector’s blistering new bull this year has already run out of steam. These fears are misplaced, as massive corrections are common in major gold-stock bulls. They...
Stocks are inching closer to the second correction of 2016 by Michael A. Gayed Anyone else remember how scary the first few weeks of 2016 were? I know. That feels like forever ago. We went from the worst start for stocks in history to what has thus far been a pretty decent year for headline averages. High beta/cyclical sectors, emerging...
The Jan Brady trade: Midcap stocks surge by Rebecca Ungarino Being smack in the middle can be hard. And maybe when it comes to stocks in the middle, the S&P 400 Midcap index (MDY) doesn't get as much attention as its large- and small-cap counterparts, the S&P 500 (SPX) (SPY) and the Russell 2000 (RUT) (IWM). But on Tuesday, the midcap index hit an all-time high, having already...
The market is doing something it's never done before by Alex Rosenberg The S&P 500 (SPX) (SPY) just set a mild milestone. Over the 40 days through Wednesday, the S&P 500's highest and lowest closes have been just 1.75 percent apart. It's the first time that has ever happened in the history of S&P data, which goes back to 1928, according...
Coal Rises From Grave to Become One of Hottest Commodities Fuel prices in Europe, Australia beating most commodities Glencore highlights China imports as main driver for market by Rachel Morison, Weixin Zha, Ladka Mortkowitz Bauerova, Mathew Carr For all the predictions about the death of coal (KOL), it’s now one of the hottest commodities in the world. The resurrection may...
Market Selloff That's Roiling Markets Around the World Yields are surging amid worries of monetary withdrawal. by Luke Kawa The story in markets this week: Bond prices have been Skyfalling, with yields on longer-dated sovereign debt in the world's largest economies jumping higher. Some strategists have suggested that relatively lofty stock valuations are only justifiable in the context of ultra-low bond yields,...
My 10 Favorite Technical Analysis Books by JC Parets It feels like almost every day someone asks me what books I recommend reading if they’re trying to learn more about Technical Analysis. I figured I should just make a list and publish it for everyone to see. So here you go: Technical Analysis of Stock Trends by Robert D. Edwards and...
13 stocks dodge doomsday in September by Matt Krantz Just uttering the word September to investors can trigger a panic attack. Some stocks, though, have defied the odds and turned September into a month to remember in a good way. There are 13 stocks in the Standard & Poor's 500 index (SPX) (SPY), including ULTA Salon (ULTA), utility NiSource (NI) and grocery story chain Kroger (KR) that have beaten the market doom each...
Indicator with 100% success rate predicts huge rally for stocks by Alex Rosenberg Just how bearish are Wall Street strategists right now? So bearish that stocks are about to rally 20 percent — according to a bulletproof indicator produced by Bank of America Merrill Lynch. Sentiment is commonly used as a contrarian indicator, meaning one is thought to be well-served...
