Category Archive: Finance
Forget Teva, Buy These 5 Drug Stocks Instead
Israel-based generic drug maker, Teva Pharmaceutical Industries Limited (TEVA – Free Report) , saw its shares decline 9.4% last week with the company suffering a fresh setback in the form of FDA approval of a generic version of the company’s top-selling branded drug, Copaxone (multiple sclerosis). Mylan NV (MYL – Free Report) gained FDA approval for its generic version […]
Markets: Winter Is Coming
I can’t remember the last time I saw a negative number for the monthly Non-farm Payroll Report. Yet that is exactly what we got for September. It was the worst employment report in many years. As I predicted in this space, the report had “hurricane” written all over it. Making matters worse is the fact that […]
Ongoing Dryness Vs. Yield Reports Has The Crop Ideas Little Changed
Market Analysis Despite this year’s late-season dryness continuing across much of the Eastern US (except Florida) over the past 4-6 weeks, early season soybean and corn yields from the ECB have been better-than-expected limiting much change on the upcoming USDA US corn and soybean crop revisions on October 12. Last month’s slightly smaller final corn […]
E October Has Been A Solid Month
As reported by Ryan Vlaststelica in MarketWatch.com, a “set it and forget it” strategy has paid off for investors. The third quarter was another winner across the economy, with basically all regions, sectors, commodities, and bond categories seeing gains over the period. For the U.S. stock market, the quarter was merely the latest notch on […]
Since 1926, Entire Market Gain Is Due To Four Percent Best Performers
Why do active managers underperform broad-based stock indexes? Hendrik Bessembinder of Arizona State thinks he might have the answer. The vast majority of stocks have failed to outperform T-Bills, he points out in a study. It is only a small percentage of stocks that lead indexes higher. On a statistical basis, selecting individual issues means the odds are […]
Six Things To Know About How Markets Started The Week
Several financial centers were closed today, October 9, for different national holidays. Markets were closed in Japan, Taiwan, Korea, and Canada, and there was a partial holiday in the US. 1. Chinese markets reopened after the national holiday last week. The equities rallied in a bit of catch-up, following the cut in reserve requirements for […]
The Most Active Equity Options And Strikes For Midday – Monday, Oct. 9
The most active equity options and strikes for midday are: GE, AAPL, RIG, BAC, AMD, MET and ETE.
USDCAD Daily Analysis – Monday, Oct. 9
USDCAD’s uptrend from 1.2061 extended to as high as 1.2598. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected to continue and next target would be at 1.2700 area. Key support is now at 1.2448, only a breakdown below this level would indicate that […]
RBC Calls Disney A Top Pick As ‘Least Media Stock In Media Sector’
Shares of Walt Disney (DIS) are on the rise after RBC Capital analyst Steven Cahall upgraded the stock to Top Pick on improved visibility and his belief the company has reached a turning point. The analyst sees the “non-Media” parts of Disney taking over the story, which provides potential for the market to reconsider the […]
Noisy PMI’s In China
In the US our economic data for a few months at least will be on shaky ground due to the lingering economic impacts of severe hurricanes. In China, the potential for irregularity is perhaps as great, though it has nothing to do with the weather. In a little over a week, Communist Party officials will gather […]
