One of the classic benchmarks of the economy’s health and strength is the housing market. Stocks of retail companies like Home Depot (HD) and Lowe’s (LOW) often serve as proxies of to guide the market’s perception of the housing market, but it also isn’t uncommon to see experts and analysts referring to homebuilders like D.R. […]
Read MorePlus, Office Depot rejected another takeover offer from Staples, Microsoft is partnering with GM to invest in its Cruise self-driving startup, and Peloton shares are down following a downgrade from UBS.
Read MoreOne of the early threads of this new year, aside from commentary and opinion about the political landscape, rising COVID-19 infections (not to mention a new strain that appears to be more infectious than the first) is the way the Financial sector has been among the sectors that have led the market higher. Two weeks […]
Read MorePlus, President Trump was impeached by the House for a second time, Delta shares are up even after reporting its worst year ever, and Yum Brands shares are up after its Taco Bell chain said it was bringing potatoes back.
Read MoreOne of the sectors that has seen an impressive rally over the last couple of months is the Energy sector. As measured by the U.S. Energy iShares ETF (IYE), the sector has increased from a trend low point at the end of October by about 54%. Much of that increase has been driven by a […]
Read MorePlus, the U.S. recorded its deadliest day of the pandemic yet, Trump conceded, bitcoin surged above $41,000, and Apple is reportedly in discussions with Hyundai on producing an electric car.
Read MorePlus, weekly jobless claims were little changed, Elon Musk is now the world’s riches person with Tesla stock at new highs, and Walgreens shares are up on an earnings beat.
Read MoreIf you think strictly about price performance and what the price of a stock is now relative to where it was in the past – in particular, relative to where it was on a pre-pandemic basis – it’s pretty easy to understand why so much attention has been paid to Tech stocks that make remote […]
Read MoreOne of the challenges that investors have had to deal with throughout the past year is the market’s divergence from economic facts on the ground. From the early stages of the pandemic, analysts could not agree whether the expected, eventual recovery from both a health and economic-driven perspective would manifest as by a move back […]
Read MoreThe longer a bull market lasts, the more extended price valuations become. The longer that condition continues, the harder it becomes for value-oriented investors to justify long-term investments in most of the stocks, industries and sectors that everybody else is talking about. I think this picture is starting to fit current market conditions, as valuations […]
Read MorePlus, weekly jobless claims unexpectedly fell, Amazon is buying podcasting firm Wondery, and Enphase Energy will be added to the S&P 500 next month.
Read MoreBeing a contrarian investor can mean a few different things. To some, contrarian investing is correlated with value investing, and I think that makes sense in a lot of ways. For one thing, being a contrarian means recognizing that all price trends – up or down – are finite in length and duration. That means […]
Read MorePlus, the House voted to approve $2,000 direct payments to Americans, a JPMorgan analyst said Nikola’s drama should be behind it in 2021, and Qualtrics filed to go public.
Read MoreUncertain economic conditions have proven to be a good time to think about stocks that most people tend to overlook because they’re “boring.” These are stocks that also tend to operate in counter-cyclical fashion. It’s been interesting – but not surprising – to see a bit of a resurgence in stocks in the Food Products […]
Read MorePlus, Novavax started its late-stage coronavirus vaccine trail in the U.S., Myovant shares are surging on news that it has partnered with Pfizer, and bitcoin rose to more than $28,000 over the weekend.
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