People are struggling to explain what might be behind Tesla stock rocketing up the charts lately. The real lesson here is that we should not even be trying to explain it. Everyone loves to make predictions about the future price of stocks it seems. Traders aren’t among them, at least the best ones, who instead […]
Royal Dutch Shell is being touted by Barron’s as one of their top 10 stock picks for 2020. They think its growth prospects are noteworthy, but it might be good for another reason. There are plenty of stocks that haven’t done very well over the last 10 years, and have tanked while the average stock […]
Bernstein continues to attempt to downplay the effect that Elizabeth Warren becoming president may have on the markets. It may be less than we think, but for a different reason. The extent of the worry about how Elizabeth Warren winning the presidency in 2020 may affect the stock market is well documented. Bernstein economist Philipp […]
Analysts are lining up to tell us that small-caps will be big in 2020, where we may expect the S&P 600 and the Russell 2000 to beat the S&P 500. Visions of sugarplums aren’t enough though. Whether or not small cap indexes end up beating the large cap ones such as the Dow, the Nasdaq, […]
Of all the things we look at when we try to gauge the state of the economy, nothing is more important than employment numbers. This is where the rubber meets the road. With all of the focus lately on the trade war, Friday’s jobs report served to erase at least some of these concerns, and […]
Whenever a type of stock or stock investing strategy has been running cold, people expect a comeback. Talk is picking up about small cap stocks coming back soon. There is an overall rationale in the stock market that believes that underperformance in itself will beget higher performance, and that underperformance is somehow a condition that […]
Bank of America Merrill Lynch is touting broken-down stock Exxon Mobil as their top pick for 2020 in the broken-down energy sector. This in itself doesn’t count for much though. Analysts at Bank of America Merrill Lynch are excited about the prospects of Exxon Mobil stock over the next year, and have named the stock […]
Morgan Stanley analyst Benjamin Swinburne just downgraded Roku from the equivalent of a hold to a sell, and people are selling. It was not fundamentals that did this though. Fundamental analysts try to explain everything that happens to a stock with fundamental analysis, which seems natural enough given that this is how they approach understanding […]
2019 has been a good year for stocks so far, but it could have been quite a bit better if not for individual investors dragging it down. JP Morgan expects this to change in 2020. It isn’t that easy to predict where the stock market will be in a year from now, but that doesn’t […]
When we see a company such as Kraft Heinz get hammered so much, we usually think that it’s the grocery business itself that is to blame. This has been all by their own hand. Given the sheer ugliness of Kraft Heinz’s stock over the last few years, and we might want to try to explain […]