Browsing: The Rude Awakening
We also don’t need $100 oil to see big gains trading energy. We're not looking at long-term fundamentals. But it does help that many of the energy names that had been absolutely crushed since the fall are starting to look a whole lot healthier.
I'm not writing biotech's obituary today. There's no way to predict exactly how far these stocks will retreat. But they are slowing down--and it looks like investors might be jumping off the bandwagon.
Before its November breakdown copper snuck below $3 last March. But it rallied back above the $3 mark by April. No such luck last fall. The good doctor's medical license was revoked and copper dropped nearly 20% in just three months.
U.S. stocks aren't doing much in 2015 after moving higher for six straight years (the S&P is up a little more than 2% year to date). But European markets? They're leaving U.S. stocks in the dust, even though the European economy ain't exactly a powerhouse right now. The Stoxx Europe 600, MarketWatch reminds us, is up about 16% this year.
Look, we ain’t gonna see $100 oil anytime soon. That's great news for businesses guzzling a lot of fuel. Operating costs are way down, which means higher profits. And higher stock prices. And yes, you can still find plenty of great opportunities to book profits as companies save money on fuel…
Nuclear power has been hammered since the Fukushima disaster in Japan four years ago. But as Greg Guenthner explains, nuclear power is making a comeback as countries around the world appreciate its great potential. He’ll also tell you exactly how to play this trend.
Just 44% of companies have beaten revenue estimates so far this earnings season. This is extremely low compared to past quarters during this five year bull market, and it's actually down at levels last seen during the final quarters of the Financial Crisis.
China is a buy on the dips market until the dips don't pop or we get the fireworks of a blow-off top. I'm not trying to oversimplify things--but buying the dips is the best way to handle a manic market like this one.
Traders have two options in this market: speed up...or slow down. And since I hope you have a life outside of watching a computer monitor between 9:30 and 4, I suggest you put your daytrading dreams on hold for a bit and hit the brakes.
Mickey D's has a new CEO to fix this mess. No matter. This dinosaur of a fast-food chain is on the road to ruin. Ronald is dying a slow, painful (possibly diabetes-related) death. And there's nothing anyone can do about it.