Category Archive: Finance
Does Market Sentiment Help Explain Momentum?
Momentum is the tendency for assets that have performed well (poorly) in the recent past to continue to perform well (poorly) in the future, at least for a short period of time. In 1997, Mark Carhart, in his study “On Persistence in Mutual Fund Performance,” was the first academic to use momentum, together with the […]
Global Infrastructure ETF (IGF) Hits New 52-Week High
For investors looking for momentum, the iShares Global Infrastructure ETF (IGF –Free Report) is probably on your radar now. The fund just hit a 52-week high and shares of IGF are up roughly 14.41% from their 52-week low price of $37.33/share. But could more gains be ahead for this ETF? Let’s take a quick look at […]
Ford: Time To Buy It
FIBOCALL: Ford (F) – mentioned on CNBC The whole panel on CNBC did not like F here, so it’s a good reason to own some. With the 11/9/16 low @ 11.07 holding, you can own some now. A close above 11.25 to add to longs. The 20 DMA @ 11.49 50 DMA @ 12.13 Our […]
Alibaba Group Holding Ltd. Affiliate Ups Offer For MoneyGram International Inc.
Written by StockNews.com China-based Ant Financial, an online payments specialist founded by Alibaba Group Holding Ltd. (NYSE:BABA), has substantially upped its takeover offer to U.S.-based money transfer giant MoneyGram International Inc. (NASDAQ:MGI). Ant boosted its bid for MoneyGram by 36% from its prior offer, to $18 per share in cash, or $1.2 billion. That’s up from […]
Incyte, Eli Lilly Plunge After FDA Won’t Approve Arthritis Drug
Shares of drugmaker Incyte (INCY) and mega-cap partner Eli Lilly (LLY) are sliding after the Food and Drug Administration rejected their application for rheumatoid arthritis therapy baricitinib in its current form, due to safety concerns. Nonetheless, the latter reaffirmed its 2017 and mid-term guidance. The news sparked varied reactions from Wall Street analysts. While some […]
Game On: A Look At Markets This Week
Turning to the markets, tensions with North Korea and better-than expected economic data out of China are in focus this morning. The Dow, S&P 500 and Nasdaq indices are coming off three straight losing sessions and start the day at two month lows. And with the Dow and S&P having put in a “lower low” […]
Computer Services: A Would-Be Dividend Aristocrat
The Federal Reserve increased interest rates in March, and last December as well. Without a doubt, interest rates are on the rise. Many investors are looking to the financial industry to capitalize on this trend. Large-cap banks like Wells Fargo (WFC) and J.P. Morgan (JPM) see increases in their net interest margins as benchmark interest rates move upwards, which will in […]
Lindsay: Long Term Intervals
The March 20 Market Update showed our Long Term interval forecast – both 15 and 12 year intervals. As we are now seeing the biggest pullback in the Dow since last autumn we have to assume that the 15yr interval is exerting its influence and the decline won’t end until the 12yr interval (May-November, 2017) […]
5 Stocks To Buy With Solid Earnings Acceleration
Constant earnings growth captivates almost everyone, right from the top brass to research analysts. This is because earnings are a measure of the money a company is making. Take a company’s revenues over a given period of time, subtract the cost of production and you will have its earnings! Upbeat earnings results are more often […]
