U.S. equities traded nicely higher amid a backdrop of some mixed economic and equity news, while volume remained on the lighter side as investors look ahead to the Christmas holiday break. Treasuries were lower in the wake of a slight
December 22, 2015
The Chart of the Day is York Water (NASDAQ:YORW). I found the water supply stock by using Barchart to sort the Russell 3000 Index stocks for the highest technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a
Desperate risks to chase yield have been the hallmark of this year. Most investors, including those on fixed-incomes who normally tend to shun risk, had, to be blunt, become slaves to central bank policies denying decent returns without risk. That
The market had a variety of economic updates today: the third estimate of Q3 GDP, some real estate reports and the latest Richmond Fed manufacturing. But the key driver of today’s advance was probably the rise in WTI February Futures,
The ongoing money market adjustment remains ongoing, perhaps that tautology is the most that can be interpreted from continuing mixed signals to this point though the longer nonconformities continue the more innocence is threatened. Recognizing again that this is still
ConforMIS, Inc. (NASDAQ: CFMS) – Sell or Short Recommendation – $17.40 PT December 28, 2015, concludes the 180-day lockup period on ConforMIS, Inc. We previewed this event on our IPO Insights platform. At this point, its pre-IPO shareholders, directors and executives will have the
On Dec 2, 2015 we exited our position in Gencor (GENC) for a total return of 57.33%. This position was first established on Oct 5, 2011. We held this stock for 4 years to wait for the catalyst of increased funding for
Though 2015 has been extremely downbeat for broader market indices – as evident from 1.9% and 3.2% losses recorded by the S&P 500-based ETF SPY and Dow Jones-based ETF DIA, respectively – there were pockets of strength too (read: Alternative ETFs to Beat Volatility
Following last week’s huge build reported by DOE, crude inventories reported by API tonight dropped 3.6 million barrels (drastically different from the 2.3mm build expected). WTI is rallying on the news, despite a 1.5 million barrel build at Cushing (up notably from last week’s
Paying a juicy 10.5% and bankrolling some of the hottest tech startups in the country, this is a must-have stock if you are looking to add exposure to a fast-growing sector and keep your dividend income growing. Now is the
