Less than 60% of¬†all U.S. corporations have¬†beaten analyst¬†estimates for Q4 profits. Revenue numbers are equally questionable,¬†as the “beat rate” is only 54%. Both¬†readings are the weakest since the¬†bull market in stocks began in March of 2009.
Bespoke Research Group¬†points out that forward guidance has been¬†equally disconcerting.¬†By analyzing the spread between¬†the percentage of corporations raising guidance (expectations) [...] [...more]
It wasn’t that long ago that gold bears were sticking a fork in the yellow metal. And they had¬†several reasons. The $300+ per ounce price drop was not¬†attracting¬†tons of bargain-hunters. What’s more, the SPDR Gold Trust (GLD) had fallen below its 200-day trendline for the first time since 2009.
That said,¬†precious metals have reclaimed their luster [...] [...more]
In January, some of the “risk on” attitude has¬†favored the sector that many investors love to hate. That’s right… financial stocks are back on a roll.
That said, investors may be “smart” to dislike the financial segment. Wells Fargo notwithstanding, most of the banks have put forward terrible Q4 earnings and revenue numbers. The forward guidance [...] [...more]
ETFs for 2012, 2012 ETFs, 2012 Investing Preview, Gold ETFs, MLP ETFs
Click here to listen to the show: 01-01-2012
U.S. stocks rallied 4% on the last day of November. Granted, China formerly announced that bank reserves would be lowered, a form of easing that hasn’t taken place in China in 3 years. And the ADP private payroll report on U.S. employment¬†indicated¬†a healthy pick-up in hiring.
Nevertheless, the primary driver for one of the best¬†sessions in [...] [...more]
In spite of stock market woes in November, the spot price of¬†crude has managed to push back towards the $100 per barrel mark. Not surprisingly,¬†ETFs with¬†exceptionally high correlations to¬†oil such as Market Vectors Russia (RSX), have significantly outperformed¬†the iShares MSCI All-World Fund (ACWI).
That said,¬†Canada, the second largest non-OPEC producer, may also be worth a look.¬†Don [...] [...more]
For better or for worse, there are a wide range of perspectives on the investments that are likely to do well over the next 6 months. And while nobody doubts the severity of the Eurozone crisis, each seems to see different opportunities in light of costly euro-baggage.
One portfolio manager believes that U.S. equities will remain [...] [...more]
There is an erroenous assumption that some investors make about Dividend ETFs. For one thing, many mistakenly believe that a fund needs to be labeled as a dividend exchange-traded product to provide a high level of income. For another, many fail to look overseas.
Granted, Vanguard Dividend Growth (VIG) is a fine example of capturing long-term [...] [...more]
How many major sectors of the U.S. economy are riding above¬†their respective¬†long-term, 200-day trendlines? 3 of the big 10 are.
Not surprisingly, Defensive Equity ETFs like¬†SPDR Select Sector Utilities (XLU) and SPDR Select Sector Staples (XLP) made the cut. More surprisingly to some, however, is the recent emergence of a cyclical powerhouse like SPDR Select Sector [...] [...more]
Is it a loss of confidence in gold that¬†has caused a¬†10%¬†sell-off over the previous 5 trading sessions? Have under-performing hedge fund managers been forced to liquidate the SPDR Gold Trust (GLD) — hedge fund managers like John Paulson who own¬†super-sized stakes in the¬†world’s largest gold ETF?
Data may suggest otherwise.
Futures traders have yet to close out [...] [...more]