The healthcare sector is one of the most desirable avenues for parking investments when markets are headed south. The demand for such services usually remains unchanged even during an economic downturn and investments in the sector provide sufficient protection to the capital invested. Several pharmaceutical companies also provide regular dividends, which can help mitigate losses from falling share prices. Health care mutual funds provide the perfect avenue for investors looking to invest in this sector. Below we share with you 4 top-ranked healthcare mutual funds . Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and we expect th...
As we you explained in our article from the February 2nd, 2016, Under Armour Inc. (UA) develops, markets and distributes athletic performance gear to men, women, and children in the global market. After a notable week of shoes sales, beating out competitors Nike and Skechers, UA stock had made a significant jump. Earnings reports were expected to show more growth in the 4th quarter of 2015. The company reported increases in revenues and earning, shares soared During the 14-days period, UA went up more than 24% according to our prediction of January 18th, 2016. The reason for this amazing performance is primarily an excellent report that the...
Debt Curse NEW YORK – “Not a bad view. That’s the mayor’s house right beneath us.” We were on the 16th floor of a new apartment building, looking out over the East River. With us was President Reagan’s former budget advisor and Wall Street veteran David Stockman – a man who has been closer to the Bubble Epoch than almost anyone. The Dow rose 183 points on Wednesday – or just over 1% – after starting the day in the red. William Salomon in Salomon Bros. & Hutzler’s trading room in 1965. Salomon Bros. sold the first ever mortgage-backed bond on Wall Street in the 1980s Photo credit: Arthur Brower / The New York Times “...
What a crazy start to 2016! Of course, it is no crazier than the 3rd quarter of 2015 so far, when we had our August crash followed by a slow September bounce that led into a mega-rally that closed our year off back at the highs. At the moment, we are playing with the premise that it’s the highs that were wrong – NOT our current 1,900 level on the S&P. We’re not expecting any big rally here – just consolidation. This is nothing new, of course. Back on December, 2nd, in: “Which Way Wednesday – S&P 2,100 Yet Again,” I noted: The S&P gets to 2,100 and we short /ES Futures at 2,100 (with tight ...
It appears the growth-value divergence is collapsing… AMZN just failed to hold its 200-day moving average and is down over 5% – 27% off its record highs to 4-month lows… And the entire FANG dream disappears.. Who’s laughing now?...
With the markets in free fall since the start of the year, many investors are rightfully worried about their portfolios’ rapid declines. Although one of the biggest drivers of recent declines has been the fall in fossil fuel (especially oil) prices, clean energy investors have been far from immune. Is it time for clean energy investors to run for the hills, or time to buy cheap clean energy stocks just when a number of drivers are turning in their favor? Which clean energy sectors are best positioned to weather a worsening storm — or recover the most if the clouds finally clear? I asked a panel of professional green money mana...
There’s more than one way to play. After all the harum-scarum with oil and equities, the Treasury bond market’s beginning to look a little pricey. Lots of people are stashing their loot in Uncle Sam’s mattress nowadays. You can see this especially reflected in the chart of the iShares 20+ Year Treasury Bond ETF (NYSE Arca: TLT) which tracks the long-dated segment on the Treasury yield curve. TLT Shares, now trading around $128, have broken to the upside of a consolidation area and are eyeing a technical advance to the $145 level. By technical I mean the move could be derailed by extraneous circumstances, like Fed curve balls or interp...
By Kenny Simon Several warnings about the possibility of a market crash in 2016 have certainly been part of the major news headlines nowadays. How would early signs look like or sound like, you may ask? Well for a start, since the sound is said to travel faster than the speed of light, we seemed to be hearing what looked like ‘sound investment advice’ instead of positive trade ideas on new growing opportunities or investments, but why? What is the evidence? Well, firstly let’s look at evidence of it through the adjectives, used in news articles. That may have pierced our eardrums repetitively like a broken record, leaving investors feel...
Trading in shares of wearable camera manufacturer GoPro (NASDAQ:GPRO) had to be halted for 25 minutes after a disastrous earnings performance. The GoPro stock tanked almost 20% in after-market trading following the company’s Q4 2015 earnings call where the company posted a double-miss, and then proceeded to issue terrible Q1 2016 guidance. GoPro reported Q4 2015 revenue of $436.6M, down a massive 31.1%Y/Y, and $59.5M below the consensus on Wall Street. Non-GAAP EPS of -$0.08 compared poorly to the $0.99 posted by the company during last year’s comparable quarter.Wall Street expected GoPro to break even. On a GAAP basis, GoPro’s bo...
US companies added substantially fewer jobs last month than analysts expected, according to this morning’s update from the Labor Dept. The 158,000 increase in private payrolls is a decent gain, but it’s well below Econoday.com’s consensus forecast for a 180,000 pop. Meantime, the slow grind lower for the year-over-year gain rolls on, echoing yesterday’s numbers from ADP. The labor market still has a fair amount of forward momentum, but the evidence is building that the peak has passed. That’s a concern at a time when the broad trend for growth has hit some turbulence. The good news: using the latest data point as a guide still r...