Jack Hough recently wrote an “Ahead of the Crowd” article for Barron’s on finding value in the stock market. The author cited a Merrill Lynch study that looked at core fundamental data dating back 25 years — data like book value, cash flow and earnings — to determine overpriced and under-priced sectors. My first reaction to [...] [...more]
It’s one thing to claim that the stock market is pricing in Armageddon… that emotionality is trumping rationality. It’s another thing to dismiss investor fears as silly or absurd. Along these lines, the researchers at Bespoke published a fascinating table of “technically oversold” ETFs. In Analystville, one may regard an ETF as oversold when its current price is more [...] [...more]
The first rumblings of protest in Egypt actually hit international newswires on Wednesday, 1/26. However, world markets didn’t seem to care until Friday, 1/28… on the third day of street riots. And even as the crisis seemed to intensify over the weekend , stocks and commodities continued their march higher on Monday, 1/31. For some, then, what [...] [...more]
For the better part of 2010, most economists had suggested that global GDP would decelerate into 2011. Over the last 3 months, however, worldwide forecasts have been revised; many now believe that developed economies like the U.S. and Germany are accelerating, while scores of emerging countries will continue to grow in the 6%-8% range. With more economic expansion, particularly in the [...] [...more]
